DePIN

DePIN utilizes blockchain and token incentives to build and maintain physical infrastructure, such as wireless networks, cloud storage, and energy grids.By decentralizing the ownership of hardware, projects like Helium and Hivemapper disrupt traditional centralized monopolies.In 2026, DePIN is a core pillar of the Web3 + AI economy, providing the decentralized compute and data collection necessary for autonomous agents. This tag tracks the growth of hardware-based rewards, crowdsourced infrastructure, and the democratization of global utility networks.

1514 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Investors Eye 900× ROI Potential as Ozak AI Continues Its Record-Breaking Presale Momentum

Investors Eye 900× ROI Potential as Ozak AI Continues Its Record-Breaking Presale Momentum

Ozak AI continues to be one of the most-watched AI-driven crypto projects of 2025.

Author: Cryptodaily
Fuse received an SEC exemption for issuing tokens. Why is it easier for DePIN projects to obtain approval?

Fuse received an SEC exemption for issuing tokens. Why is it easier for DePIN projects to obtain approval?

Author: Jae, PANews Another project in the crypto space has received the green light from the SEC (Securities and Exchange Commission). The SEC recently issued a No-Action Letter (NAL) to Fuse Crypto Limited (hereinafter referred to as Fuse) regarding its native token, Energy Dollar, formally confirming that under certain issuance and sale structures, the ENERGY token will not be considered a security. This development not only gives Fuse a compliance advantage, but also means that the DePIN (Decentralized Physical Infrastructure Network) track can more easily complete the compliance puzzle compared to other tracks. SEC approves Fuse to issue ENERGY tokens On November 24, the SEC issued a crucial NAL (Non-Allowed Decision) regarding Fuse's ENERGY token. This decision further demonstrates the SEC's systemic shift in regulatory attitude, especially towards blockchain projects aimed at solving real-world problems. Fuse Energy is a DePIN project focused on energy technology innovation. Its core business is an energy network operating on the Solana blockchain, which incentivizes home users to install and use DERs (distributed energy resources), such as rooftop solar panels, electric vehicle charging stations, and home energy storage batteries, through a reward system. Fuse aims to coordinate these decentralized resources, helping to deconstruct the power grid and manage load pressure, thereby alleviating grid congestion. NAL stated that as long as Fuse strictly adheres to the issuance and sale methods described in its filing on November 19, the SEC will not take enforcement action against it under Section 5 (Registration of Issuance) of the Securities Act of 1933 and Section 12(g) (Registration of Equity Securities) of the Exchange Act of 1934. The compliance exemption for the ENERGY token is not an isolated case. Multicoin Capital, heavily invested in the DePIN sector, led funding rounds of $12 million and $28 million for DePIN projects Fuse and DoubleZero, respectively. Coincidentally, Fuse's NAL is the second similar document issued by the SEC in a short period, following DoubleZero's 2Z token receiving a similar NAL in September. Perhaps Multicoin Capital recognized the significant compliance potential of these two DePIN projects early on, or perhaps their successive NAL grants were facilitated by Multicoin Capital. These continuous positive signals indicate that the SEC's regulatory approach is shifting from past enforcement measures to conditional compliance guidance. With the support of its new leadership, the SEC is attempting to establish a "token taxonomy" to differentiate between utility tokens and investment contracts. The emergence of NAL provides regulatory protection for projects with utility value. This regulatory clarity may significantly reduce compliance risks in the DePIN market. The compliance cost of the ENERGY token will be the sacrifice of business model flexibility. NAL is an administrative decision. The SEC will conduct an in-depth review of Fuse Energy's business model based on the core standards of U.S. securities law, namely the Howey Test, and make a judgment based on specific facts and circumstances. Therefore, NAL has strict limitations. The SEC stated in its announcement that any different facts or circumstances could lead the department to different conclusions. This wording will impose long-term compliance constraints on Fuse Energy, effectively "locking in" Fuse's business model, token issuance method, and marketing strategy in its SEC filings. Any attempt by Fuse to define the ENERGY token as an investment contract, or to imply that its value will increase due to the project's management efforts, will constitute legal risk and could lead to the SEC revoking NAL. In short, this compliance will sacrifice flexibility in business models. Fuse Energy's key to circumventing Howey's test lies in the fact that the project's token economics model caused it to fail to meet the fourth element of an investment contract, namely, the reasonable expectation that profits will come from "the efforts of others". Fuse Energy's core argument is that users acquire ENERGY tokens for consumption and rewards, not for investment. How to acquire: Users do not directly invest money to earn ENERGY tokens, but rather participate in network activities and contribute physical resources, including reducing energy consumption during peak hours, using electric vehicle charging stations, and storing solar energy. This makes the incentive of ENERGY tokens more like a "loyalty reward" for environmentally friendly behavior. Distributed effort: In Fuse Energy's architecture, the increase in token value depends primarily on the efforts and contributions of a large number of participants (i.e., users' own device deployment and operation), rather than solely on the centralized management and efforts of the Fuse team. This legal justification for "distributed effort" may lay a solid regulatory compliance foundation for the DePIN project. To further decouple the token from the project's financial success, Fuse has adopted a de-investment approach in its token value design. The redemption value of the ENERGY token is pegged to Fuse's profit margin and the average market price of the token at the time of its use. This design aims to ensure that ENERGY is viewed as an immediate utility token, encouraging users to consume it quickly (e.g., to obtain electricity discounts or carbon offsets). Since the value of the ENERGY token does not depend on Fuse's financial success, users are less motivated to hoard tokens in anticipation of future performance gains. These factors combined led the SEC to determine that the ENERGY token did not meet the definition of an investment contract. Beyond token compliance, Fuse still faces regulatory challenges on the business side. NAL has temporarily resolved the compliance risk of ENERGY tokens being treated as securities, but Fuse Energy is not now completely worry-free. Fuse sacrificed token liquidity for compliance. Users cannot freely transfer tokens, and the exit channels for funds are limited and singular, significantly reducing the asset's attractiveness. If Fuse Energy becomes complacent and changes its products or token mechanisms (such as opening up secondary market trading or changing pricing strategies), or if its actual operations do not match its stated facts, NAL will not be legally binding. The SEC can withdraw its application and initiate enforcement proceedings at any time, posing a risk of regulatory backlash. Therefore, despite the fact that the ENERGY token has been "de-securitized," Fuse still has a responsibility to increase its operational transparency, disclose the risks of the project, and strengthen education for market participants to ensure that users do not misunderstand it as a traditional investment contract. It is worth noting that the energy sector is a highly localized market, typically subject to strict regulation by state and local utility commissions. Regulatory compliance and licensing: Fuse will likely spend significant resources dealing with complex administrative procedures to obtain the licenses and approvals required to operate in different states or territories. Potential policy constraints from utility companies: Traditional utility companies typically possess a mature customer base, infrastructure, and political influence. These companies may leverage their brand advantage to hinder the growth of retail providers like Fuse and competitors, and further restrict the development space of non-utility developers by implementing regulatory policies related to renewable energy. The SEC's approval of Fuse represents a rational return for regulators to the niche market of "utility tokens." For the industry, this is both a shot in the arm and a wake-up call: compliance often comes at the cost of sacrificing investment value and liquidity. While celebrating this regulatory breakthrough, the market needs to clearly recognize that this is merely an endorsement of a specific business model, not a euphoria leading to the complete "de-securitization" of tokens.

Author: PANews
Animoca Brands’ Yat Siu Sees Altcoins Potentially Outperforming Bitcoin as a Group

Animoca Brands’ Yat Siu Sees Altcoins Potentially Outperforming Bitcoin as a Group

The post Animoca Brands’ Yat Siu Sees Altcoins Potentially Outperforming Bitcoin as a Group appeared on BitcoinEthereumNews.com. Animoca Brands founder Yat Siu predicts that altcoins will collectively outperform Bitcoin in the crypto industry, drawing parallels to public companies surpassing gold’s market cap, as the sector avoids a single winner-takes-all scenario. Altcoins as utility drivers: Siu highlights their role in Web3 games, DeFi, and DePIN, positioning them beyond Bitcoin’s reserve asset status. Animoca Brands plans a Nasdaq listing via reverse merger in 2025 to offer investors broad exposure to diversified crypto projects. Portfolio focus: With investments in 628 companies, primarily gaming (230 projects), plus infrastructure, AI, and DeFi, totaling significant altcoin holdings. Discover why Animoca Brands’ Yat Siu believes altcoins will outperform Bitcoin collectively. Explore their public listing plans and investment strategy for 2025 crypto gains. Stay ahead in the evolving market. What Does Yat Siu Predict for Altcoins Outperforming Bitcoin? Altcoins outperforming Bitcoin is a key forecast from Animoca Brands founder Yat Siu, who envisions the broader crypto space surpassing Bitcoin’s dominance collectively, much like public companies eclipse gold’s value. In a recent interview, Siu emphasized that while Bitcoin serves as a reserve asset akin to gold, altcoins drive practical applications across the ecosystem. This diversified approach positions investors for greater returns without relying on a single asset’s performance. Siu’s perspective stems from observing market dynamics where no one project will dominate entirely, unlike early internet giants. Animoca Brands aims to capitalize on this by building a portfolio that captures multiple winners in the altcoin space. How Is Animoca Brands Positioning Itself in the Altcoin Market? Animoca Brands is strategically investing in a wide array of crypto projects to provide shareholders with exposure to the growing altcoin sector. The company’s portfolio includes 628 investments, with a strong emphasis on gaming-related initiatives numbering 230, alongside expansions into infrastructure, artificial intelligence, and decentralized finance. This diversification allows Animoca to…

Author: BitcoinEthereumNews
Helium's catch this month totaled approximately $1.7 million, a record high.

Helium's catch this month totaled approximately $1.7 million, a record high.

PANews reported on November 27 that, according to Token Terminal data, the DePIN project Helium captured approximately $1.7 million in fees this month, a record high and a surge of about five times year-over-year.

Author: PANews
Wintermute Macro Analysis: Crypto Market Cap Falls Below $3 Trillion, Funding and Leverage Tend to Consolidate

Wintermute Macro Analysis: Crypto Market Cap Falls Below $3 Trillion, Funding and Leverage Tend to Consolidate

Author: @Jjay_dm Compiled by: Deep Tide TechFlow Market Update – November 24, 2025 The collapse of AI-driven market momentum triggered a shift in risk aversion, causing the cryptocurrency market capitalization to fall below $3 trillion, marking its third consecutive week as the worst-performing major asset class. Weak employment data, declining expectations of interest rate cuts, and pressure in the Japanese market, coupled with thin liquidity during the holiday season, further weighed on the market. Cryptocurrency market positioning has been readjusted, funding rates have turned negative, and spot trading volume remains stable. Macro Update Risk appetite deteriorated sharply this week, and the AI-driven stock market momentum finally stalled. Despite another strong earnings report from Nvidia, the rally was short-lived, with the market immediately using the rebound as an opportunity to sell. This reaction marks a clear shift in market behavior: investors used aggressive selling to indicate that AI trading is losing support from new buying. As US tech stocks retreated, the pressure directly impacted the cryptocurrency market, with its total market capitalization falling below $3 trillion for the first time since April. Macroeconomic data further exacerbated market fragility: Non-farm payrolls (NFP) increased by 119,000, but the unemployment rate rose to 4.4%. The probability of a December rate cut has dropped to about 30%. Japanese markets are under pressure, with a steepening yield curve (bear market steepness) and a weakening yen raising concerns about its ability to continue absorbing US Treasuries. European and Asian markets also performed weakly, with the Chinese market experiencing profit-taking in the AI sector and renewed pressure on the real estate market. UK inflation eased, but its impact was limited against the backdrop of low liquidity during the US Thanksgiving holiday. As a result, cryptocurrencies were the worst-performing major asset class for the third consecutive week, with widespread selling and long liquidation leading to the largest declines in altcoins. Despite the continued instability of the macroeconomic environment, the internal structure of the cryptocurrency market is undergoing positive changes. Funding rates turned negative for the first time since Bitcoin (BTC) traded near $115,000 at the end of October, marking the longest period of negative funding since October 26th. Leveraged funds are biased towards shorting, while capital flows are returning to the spot market, which has shown surprisingly strong trading volume despite the shortened holiday trading week. This combination suggests that the market has completed a comprehensive reset and will be in a more favorable stable state once macroeconomic pressures ease. Among the top 100 tokens by market capitalization, correlation is concentrated primarily in the top 10, and these tokens also performed the worst. This reflects that the largest assets are trading as a single macro sector, entirely tied to broader risk sentiment. In contrast, tokens ranked 50-100 have experienced relatively smaller declines and show early signs of decoupling, with their trading relying more on unique drivers. This aligns with the reality of the market: some narrow narratives (such as proxy protocols, privacy, and decentralized IoT DePIN) are still driving short-term outperformance even when the overall market is weak. Meanwhile, Bitcoin volatility continues to climb, with the 7-day realized volatility (RV) rising back to near 50. Performance across all sectors was generally weak, with highly volatile sectors being hit hardest by the sell-off: Layer 2 (L2) fell by 14.9%. The gaming sector fell 12.0%. Decentralized Internet of Things (DePIN) fell 11.4%. Artificial intelligence (AI) stocks fell 10.5%. Small and mid-cap assets also underperformed. Core Layer 1 protocols fell 7.0%, while the GMCI-30 index (@gmci_) fell 7.2%, performing slightly better. This round of decline was almost indiscriminate, clearly reflecting the widespread de-risking sentiment driven by macroeconomics that has permeated all sectors. The chart above shows data from Monday to Monday, therefore it differs from the first chart. Our Viewpoint Despite the digital asset market being deeply mired in a deleveraging wave triggered by the macro environment, the market is now in a phase where consolidation is finally showing promise. After undergoing macro-driven deleveraging, digital assets were initially pressured by the cooling AI hype and subsequently by adjustments in market expectations by the Federal Reserve. However, the market's internal structure has now significantly improved. Mainstream assets have shown more pronounced relative strength, market sentiment has been fully cleared, and leverage risk has been greatly reduced. Total open interest in perpetual contracts has decreased from approximately $230 billion in early October to approximately $135 billion today, primarily due to deleveraging in long-tail assets and systemic capital outflows. This change has pushed market activity back into the spot market, where depth and liquidity have performed better than expected in a holiday liquidity-scarce environment. This is crucial: when leverage ratios fall to such low levels and the spot market becomes the primary trading channel, market recovery tends to be more orderly than the mechanical squeeze seen at the beginning of the year. The presence of negative funding rates and net short perpetual contracts also reduces the risk of further forced liquidations, providing the market with more breathing room, especially given the stabilizing macroeconomic environment. The next few days will determine how we enter the final month of the year, but after weeks of macroeconomic pressure, the market is finally poised for consolidation.

Author: PANews
Ozak AI token presale advances through Phase 7

Ozak AI token presale advances through Phase 7

The post Ozak AI token presale advances through Phase 7 appeared on BitcoinEthereumNews.com. Ozak AI, a cryptocurrency project focused on artificial intelligence applications, has progressed through seven phases of its token presale, with early-phase investors holding tokens acquired at lower valuations, according to Live Bitcoin News. Summary Ozak AI’s presale has advanced to Phase 7 with rising token prices. The platform integrates AI-driven yield optimization, smart-contract automation, and DePIN architecture. A new partnership with Phala Network aims to build secure AI prediction models for financial markets. The token’s price increased from phase 1 through phase 7 of the presale process, the report stated. Investors who purchased tokens during the initial phase have accumulated larger holdings relative to their investment compared to later participants. The project has sold a substantial portion of its presale allocation and raised several million dollars in funding, according to the report. A significant portion of the total token supply has been allocated to the presale process, with a planned listing expected to follow the current phase. Ozak AI has deployed AI-powered technologies designed to optimize yields for community members, the project stated. Smart contracts facilitate payment processing, task execution, and staking operations within the platform. The project utilizes Decentralized Physical Infrastructure Networks (DePIN), which distribute financial data across multiple nodes to reduce data manipulation risks, according to the company. In October, Ozak AI announced a partnership with Phala Network aimed at accelerating workflow processes. The collaboration involves development of a secure and private AI prediction model for financial markets, combining prediction agents with CPU-GPU-TEE resources, according to the announcement. The cryptocurrency market has experienced volatility during the presale period, according to market data. Ozak AI representatives have indicated the project is positioning for participation in an anticipated AI-focused market cycle. Token holders who entered during earlier presale phases hold larger token quantities relative to their initial investments compared to…

Author: BitcoinEthereumNews
Ozak AI token presale advances through Phase 7 ahead of anticipated 2025 AI market cycle

Ozak AI token presale advances through Phase 7 ahead of anticipated 2025 AI market cycle

Ozak AI has progressed through seven phases of its token presale, with early-phase investors holding tokens acquired at lower valuations.

Author: Crypto.news
Bitcoin Rally Potentially Capped by $2B Options Bet Amid Stagnant Markets Before Thanksgiving

Bitcoin Rally Potentially Capped by $2B Options Bet Amid Stagnant Markets Before Thanksgiving

The post Bitcoin Rally Potentially Capped by $2B Options Bet Amid Stagnant Markets Before Thanksgiving appeared on BitcoinEthereumNews.com. Crypto markets are stagnating ahead of Thanksgiving 2024, with Bitcoin and Ethereum down nearly 1% as traders anticipate holiday-induced volatility from reduced liquidity. A massive $2 billion options bet suggests a potential cap on Bitcoin’s rally, signaling cautious optimism amid shifting Federal Reserve rate cut expectations. Bitcoin and Ethereum flatline: Both major cryptocurrencies have declined by about 1% in the past 24 hours, according to CoinGecko data, as holiday preparations thin trading volumes. XRP reverses gains: The token is down 3.1%, erasing Monday’s momentum from ETF approvals, while altcoins like Solana, BNB, and Dogecoin fluctuate between -1% and 1%. Holiday liquidity drain: Crypto markets remain open on Thanksgiving, but lower volumes could spark sharp price swings, with experts noting no direct holiday causation for current stagnation. Crypto markets stagnate ahead of Thanksgiving volatility: Bitcoin flat as $2B options bet caps rally. Explore impacts on Ethereum, XRP, and altcoins with expert insights on Fed rate cuts. Stay informed—read now for trading strategies. What is causing the stagnation in crypto markets ahead of Thanksgiving? Crypto markets stagnation ahead of Thanksgiving stems from reduced liquidity as traders step back for the holiday, leading to flat performances in major assets like Bitcoin and Ethereum. According to CoinGecko data, Bitcoin and Ethereum are down nearly 1% over the last 24 hours, while XRP has dropped 3.1%, reversing recent ETF-driven gains. Altcoins such as Solana, BNB, and Dogecoin are hovering between -1% and +1%, reflecting a broader cautious sentiment despite open markets on Thursday. How does holiday volatility affect crypto trading volumes? Thanksgiving holidays often drain liquidity from crypto markets, as traditional finance closes and many traders take time off, potentially amplifying price swings from even minor trades. Markus Levin, co-founder of DePIN blockchain XYO, emphasized in comments to COINOTAG that today’s flat action is coincidental…

Author: BitcoinEthereumNews
AIOZ Network to ‘Empower’ Decentralized AI Devs with Open Models and Challenges

AIOZ Network to ‘Empower’ Decentralized AI Devs with Open Models and Challenges

The post AIOZ Network to ‘Empower’ Decentralized AI Devs with Open Models and Challenges appeared on BitcoinEthereumNews.com. DePIN-powered ecosystem AIOZ AI is building a full-stack infrastructure that decentralizes artificial intelligence. AIOZ AI aims to “empower contributors” by offering them more control over their work, enabling developers, researchers and technical teams to publish, share and scale their datasets in a collaborative setting. Where conventional AI models are created in opaque environments with a lack of transparency over their methodology, AIOZ AI’s distributed approach is geared towards offering AI compute with “better efficiency, security, and accessibility,” AIOZ Network Founder and CEO Erman Tjiputra told Decrypt. Through AIOZ AI, users can upload and store datasets and train their models—with the potential for token rewards based on how they perform and are used by others. This is supported by AIOZ Network’s Decentralized Physical Infrastructure Network (DePIN), with over 300,000 devices contributing their spare computing power toward AI compute, decentralized storage and content delivery. The goal is to give contributors more control over their AI assets, such as models and datasets, while making it easier for innovators to deploy AI solutions that benefit everyday people. Several models are already available on AIOZ AI, including image-to-image processing models like background removal, background replacement, image to anime, and video to canny edge. Beyond this, “lightweight and efficient” Image Super-Resolution (SR) models on AIOZ AI can reconstruct high-fidelity images from low-resolution inputs, which is “exceptionally beneficial” for digital content creators and archival restoration projects, according to AIOZ Network. Potential future applications of AIOZ AI models include real-time video upscaling for streaming platforms and adaptively optimizing image quality based on available bandwidth, as well as tools that can perform object-aware image sharpening and detail recovery. “With AIOZ AI, we’re building a people‑powered AI economy,” Tjiputra said. “Developers keep control of their models and datasets, run them on community compute, and unlock the potential for token rewards…

Author: BitcoinEthereumNews
Which Token Matches 2025’s AI Growth Curve?

Which Token Matches 2025’s AI Growth Curve?

The post Which Token Matches 2025’s AI Growth Curve? appeared on BitcoinEthereumNews.com. Crypto Presales Compare Render vs Bitcoin Hyper vs IPO Genie, find out why IPO Genie is the top AI crypto presale of 2025 with real utility, security & bonus. Did you know that Bitcoin just dropped over 20% in November, sliding below $90,000 as risk-off sentiment grips the market? So, this sharp pullback is fueling a rotation: big money seems to be exiting pure crypto plays. But early-stage AI-focused tokens are catching fresh attention. With this shift underway, the top AI crypto presale of 2025 could reshape the next wave of growth. Enter IPO Genie, a standout that’s gaining serious momentum, and here’s why many believe it outshines rivals like Render (RENDER) and Bitcoin Hyper (HYPER). Key Takeaway:  As institutions cool on traditional crypto, IPO Genie’s tokenized access to real-world IPOs, secure architecture, and strong incentives make it one of the most compelling AI crypto presales of 2025. Why the AI Crypto World Is Heating Up in 2025 In the wake of Bitcoin’s recent volatility, many investors are seeking top AI crypto projects that combine innovation with real utility. Unlike memecoins or simple altcoins, AI projects are promising long-term value, especially when they deliver something tangible. Meanwhile, presale volume in November has surged, with presale platforms reporting 60% growth.  As such, the competition among presale AI tokens is heating up. The battle is not just about hype; in fact, it’s about foundational strength, real-world application, and long-term sustainability. That’s where IPO Genie enters the race with high stakes. Comparing the Contenders: IPO Genie vs Render vs Bitcoin Hyper Here’s a detailed breakdown on how IPO Genie, Render, and Bitcoin Hyper stack up in the top AI crypto race: Project Core Offering Strengths / Value Drivers Risks IPO Genie Tokenized access to IPOs Real utility, regulated model, real-world dealflow, airdrop +…

Author: BitcoinEthereumNews