competitors

According to South Korean media Chosun Biz, SK Hynix's NAND is lagging in the transition of old process lines, making it difficult to narrow the efficiency gap. As of the second quarter of this year, its 176-layer products still account for about 50%, while Samsung has completed the transition mainly to 236 layers. Omdia data shows that Micron's 232-layer products account for 53%, and YMTC reaches 68%.During the rising cycle of NAND prices, companies with a higher proportion of advanced processes see better cost and profit improvements. SK Hynix (including Solidigm) saw its NAND revenue share drop from 21.4% in the fourth quarter of last year to 16.4% in the first quarter of this year, while YMTC increased from 11.5% to 16.2%. SK Hynix prioritizes equipment investment in DRAM and HBM, with NAND investments decreasing for three consecutive years, from $3.5 billion in 2023 to $2.9 billion in 2025, slowing down the transition. It is currently considering impairing old NAND assets to optimize costs.

According to Nikkei Chinese News, the American company Meta has announced that it has begun offering code generation AI for programming, including the AI agent "Muse Code" and the new version of the AI model "Muse Spark" for software development. Its performance is not as good as Anthropic's high-end models, but compared to Anthropic's Claude Opus 5, the unit token usage fee is about 80% cheaper, aiming to attract enterprises looking to control costs.If Meta is provided with AI usage data for development, the costs will be reduced by more than 90%, bringing usage costs down to levels comparable to products from emerging Chinese companies like DeepSeek. Meta stated that its internal technical staff had previously used Anthropic's code generation AI extensively and listed "utilization of other companies' AI" as a reason for the decline in operating profit from April to June 2026; recently, it has encouraged employees to use its own developed AI more to control expenses.Meta also disclosed that during performance testing of Muse Spark, there were instances of the AI breaching external systems on the internet.

According to Cointelegraph, the trading volume of the prediction market platform Polymarket saw a month-on-month decline in April, dropping about 8.9% compared to March, marking the first monthly decline since last August.According to Dune Analytics data, the total trading volume of Polymarket and its U.S. application in April exceeded $10.2 billion, down from $11.2 billion in March. In contrast, competitor Kalshi's trading volume increased significantly by 13% in April, reaching about $14.8 billion.Despite the decline in Polymarket's share, the total trading volume of the entire prediction market still grew from $26.5 billion in March to $29.8 billion in April, a month-on-month increase of 12.4%.

According to Bloomberg, Morgan Stanley is piloting cryptocurrency trading services on its E*Trade platform, charging a fee of 50 basis points on each crypto transaction based on the transaction amount, which is lower than major competitors like Coinbase, Robinhood, and Charles Schwab.Approximately 8.6 million E*Trade customers are expected to have access to this feature by the end of the year. The report noted that Morgan Stanley has been continuously expanding in the crypto space over the past year, having launched the lowest-fee Bitcoin ETF, plans to launch Ether and Solana ETFs, and applied for a national trust bank license to provide digital asset custody, with future support for institutional clients trading tokenized stocks.

Microsoft announced on Monday the launch of two new features for Copilot Researcher—Critique and Council—combining OpenAI's GPT with Anthropic's Claude for the same research task.Critique adopts a sequential collaboration model: GPT is responsible for planning the research, retrieving information, and generating the first draft, while Claude serves as a strict reviewer, checking the accuracy of facts and the quality of citations; Council allows both models to independently generate reports in parallel, with a third referee model comparing differences and summarizing discrepancies.In the DRACO benchmark test covering 100 complex research tasks across 10 fields including healthcare, law, and technology, Copilot equipped with Critique scored 57.4 points, leading the second place by nearly 14%, far surpassing Claude Opus running alone with a score of 42.7 points.

Zhao Changpeng posted on platform X in response to targeted FUD in the community, stating: "Last year, Western competitors bought media to blacken me quite a bit. This year, a major Chinese competitor is spending money to do (black) advertising against us. Other competitors in the Asia-Pacific region are competitive, but they are all relatively professional. The community is divided; how can the price of the coin rise? Focus on building."

Regarding the community's belief that YZi Labs' investment in Genius Trading is negative for ASTER, CZ responded in a post on platform X, stating: Genius is a trading terminal connected to the trading platform and is not a competitor of Aster.

According to CoinDesk, JPMorgan Chase (JPM) plans to offer cryptocurrency trading services to institutional clients, which could reshape the competitive landscape but may not necessarily harm the interests of its competitors.Analysts say that the entry of the Wall Street giant could benefit existing players like Coinbase (COIN), Bullish (BLSH), and Galaxy Digital (GLXY), while signaling that competition will become more intense.ClearStreet analyst Owen Lau stated, "If JPMorgan offers crypto trading to institutional clients, it will have a huge positive impact on the space," adding, "This will further legitimize cryptocurrencies and expand distribution channels." He continued, "The domino effect is likely to spill over to other banks. Coinbase and Bullish are well-positioned to benefit from this massive distribution channel by integrating and matching institutional orders."

The co-founder of the AI agent platform Bankr, deployer, stated on platform X that the recently discussed issue of "duplicate counting" of trading volume stems from the data collection methods of third-party dashboards, rather than any flaws in Polymarket's own data. He emphasized that there are no fundamental errors in Polymarket's trading volume records.Deployer pointed out that Paradigm's amplification of the related controversy and negative interpretation of Polymarket is due to the fact that Paradigm is an investor in Kalshi, thus having a clear competitive stance. He bluntly stated that such behavior is "purposeful and of poor quality," believing that Paradigm's motives to discredit its competitor are obvious.According to previous news from ChainCatch, the founder of Paradigm stated that Polymarket has a data bug, and trading volume is being counted multiple times in most public data.

ChainCatcher news, He Yifa posted that applications for the YZi Labs incubator are welcome, and YZi Labs is keen on nurturing competitors for Binance.ChainCatcher previously reported that Zhao Changpeng stated on X platform that he noticed discussions on social media regarding "Hyperliquid co-founder Jeff appearing in a group photo released by Binance Labs in 2018." Many may not know that Jeff was one of the members of the first incubation program of YZi Labs (then Binance Labs) in 2018. Unfortunately, the project ended in failure, and YZi Labs lost its investment, which is common in the venture capital circle. At that time, he had little contact with Jeff and had long forgotten about it. A few months ago, he was supposed to have a call with Jeff, but due to a scheduling error, he missed the opportunity and has not found a chance to reschedule since then.Zhao Changpeng added that YZi Labs has not obtained and does not hold any investment rights in Hyperliquid (whether equity or tokens).

ChainCatcher news, according to crypto journalist Eleanor Terrett, the White House has delayed the vote on the nomination of the CFTC chairman, possibly due to concerns that nominee Quintenz's team sought to obtain confidential CFTC information regarding competitors such as Polymarket and PredictIt while he was still serving on the board of Kalshi, raising issues of potential conflicts of interest.

ChainCatcher message, Zhao Changpeng responded to community KOL on the X platform regarding "How BSC can systematically compete with SOL" by stating that BSC and SOL do not compete, but rather should work together to grow the industry.In addition, Zhao Changpeng also mentioned that he, as a KOL, has not received any related peripherals.

ChainCatcher news, according to Cointelegraph, multiple analysts have warned that the ETH/BTC exchange rate may further decline in the coming weeks. Crypto analyst Alessandro Ottaviani described the current situation as a "falling knife" scenario, indicating that it is experiencing a rapid and steep decline, which typically discourages buyers from entering too early. The "falling knife" metaphor suggests that attempting to "catch the knife" when one believes the asset is at a low point can lead to greater losses, especially when the downward trend continues.Technically, the relative strength index (RSI) on the ETH/BTC two-week chart has fallen to a historical low of 23.32. While an RSI below 30 typically indicates an oversold condition that may trigger a rebound, Ethereum's RSI has continued to decline for two months after being oversold, indicating that the downward trend is accelerating rather than stabilizing. If it cannot rebound from the 0.022 BTC level, ETH/BTC may continue to drop to the 0.020-0.016 BTC range, representing a further decline of about 30% from the current price.Fundamental factors also support a bearish outlook. Ethereum faces strong competition from rivals like Solana, with VanEck data showing that Solana's decentralized exchange trading volume has surpassed that of Ethereum. Additionally, the launch of spot Bitcoin ETFs has disrupted traditional cryptocurrency market cycles, with $129 billion flowing into Bitcoin ETFs in 2024 draining liquidity from the altcoin market, including Ethereum.

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform stating that USDT is the most successful tool for dollar hegemony and emerging market distribution. Over the past decade, Tether has built the most extensive physical and digital distribution network, from thousands of self-service terminals in Africa and South America to digital remittance platforms, from payment backbones to institutional tools.Our team and portfolio companies work on the ground every day in countless regions of developing countries, helping communities increase the utilization, trust, and education level of USDT, thereby impacting the U.S. economy. This is how USDT currently helps over 400 million people and grows at a rate of 35 million new wallets per quarter, with a focus on developing countries, while strengthening the dollar and holding over $115 billion in U.S. Treasury bonds, making Tether the 18th largest holder of U.S. debt.While competitors' business models should focus on creating better products and larger distribution networks, their true intention is to "eliminate Tether." Every business or political meeting they hold has this goal as the ultimate aim. While this may seem exaggerated, it is the truth.For a competitor trying to use legal means to kill off rivals instead of focusing on better products, Tether will not sit idly by. Tether will not allow these attacks to succeed, nor can it permit such a situation to occur. Tether will steadfastly protect the hundreds of millions globally who have been left behind by the traditional financial system, helping them access dollars through USDT.

ChainCatcher message, previously there were rumors in the community that a certain cryptocurrency exchange was negotiating a sale. Binance co-founder He Yi posted on platform X, seemingly responding to the related news. She stated: "So the crisis public relations strategy of our competitors is to buy articles in bulk to create rumors about Binance to divert attention? Since the price of Bitcoin broke a new high, as a business model established by ecological verification, trading platforms, following the principle of leading investments, receive inquiries every month from institutions asking if Binance is open to investment and cooperation. We do not rule out the introduction of strategic partners and are open to mergers and acquisitions. If other trading platforms have sale plans, we welcome them to contact us."