TechubNews

The M&A boom in the venture capital market in 2025 has once again heated up, and it is expected that the competition for acquisitions of startups will become even more intense in 2026. Especially in the fields of artificial intelligence and cybersecurity, actions to quickly acquire talent and technology have been fully launched, with "technological competitiveness" and "technology acquisitions" becoming the core values of mergers and acquisitions.
According to Crunchbase data, there were approximately 2,300 venture capital-based M&A transactions worldwide in 2025, with publicly disclosed transaction amounts reaching approximately $214 billion. This figure represents a 91% increase compared to 2024. The US market accounted for 73% of these, serving as the M&A hub, with a total of 1,300 transactions amounting to $157 billion.
A representative case leading this trend is Google's $32 billion acquisition of cloud security startup Wiz, which is the largest M&A deal in the history of venture capital-based acquisitions of US startups.

Article by: Glendon, Techub News
After briefly climbing above $90,000 yesterday, Bitcoin fell below $87,000 again today, with a intraday decline of 3.76%. Meanwhile, the crypto market has once again experienced a broad decline. According to SoSoValue data, no major sector in the market was spared, with 24-hour declines generally exceeding 3%. Among them, SocialFi, Layer2, AI, RWA, and NFT sectors were hit hardest, each dropping more than 5%.
In terms of institutional investment, CoinShares' latest data shows that digital asset investment products saw a net outflow of approximately $446 million last week, bringing the total outflow since October 10 to $3.2 billion. Additionally, last week, Bitcoin spot

Written by: Haotian
After experiencing a week of Vibe coding, I created an RSS aggregation and reading AI interpretation website to replace the previous paid app that was not very user-friendly. It’s quite satisfying. However, during this process, I also gained a new insight into Vibe Coding as a "disenchantment," which I’d like to share:
1) Vibe Coding is essentially a productivity enhancement tool. It’s about multiplication, not addition. For "super individuals" who already possess product thinking, logical skills, and even some programming foundation, it can turn one person into a team, greatly expanding their capabilities.
But at its core, it’s just an augmented skill, not a survival skill. Knowing Vibe Coding doesn’t necessarily turn an ordinary job into a high-paying position at a big company earning millions annually. Not knowing Vibe Coding doesn’t necessarily mean the opposite either.

Article by: Gu Yu, ChainCatcher
For a long time, Paradigm has been a flagship venture capital firm in the crypto industry, representing top-tier investment style and aesthetics in the field. Research-driven crypto VC firms are highly praised. However, due to industry cyclical influences, Paradigm has not been immune during the current downturn in VC, one of the manifestations being an unprecedented wave of executive departures. Since April this year, at least 7 employees have left, including several partners.
In December, Paradigm's first employee and general partner Charlie Noyes, along with Paradigm's Head of Market Development Nick Martitsch, announced their departures successively.
In September, Paradigm's Chief Legal Officer Gina Moon, among others, also left.

Written by: Martin
December 29, China People's Bank Vice Governor Lu Lei publicly announced that the "Action Plan for Further Strengthening the Digital Renminbi Management Service System and Related Financial Infrastructure Construction" will be officially implemented on January 1, 2026. The digital renminbi will transition from the "Digital Cash" phase to the "Digital Deposit" 2.0 era. The core highlight of this transformation is that the balance of real-name digital renminbi wallets will start earning interest, bringing tangible benefits to users.
According to the deployment of the "Action Plan," banking institutions will accrue interest on the balances of first, second, and third-class real-name digital renminbi wallets, with interest rates referencing the bank's current deposit rates. Users do not need to take any additional actions, and the payment experience will remain unaffected. Meanwhile, anonymous fourth-class wallets opened with just a mobile phone number will still retain small payment functions, but their balances will not accrue interest for now, balancing convenience with compliance requirements.

According to ichaingo data, the US Bitcoin spot ETF experienced a net outflow of approximately $19.3 million yesterday, marking the seventh consecutive day of net outflows. The specific inflow and outflow situations for ETFs such as BlackRock, Fidelity, Ark & 21Shares, and Invesco vary, with most ETFs showing no significant fund movements for now.

Law enforcement agencies successfully tracking Bitcoin ransom funds are often depicted as a victory of blockchain transparency over the underground economy. However, this triumphant picture may conceal a more critical turning point: the victory only sweeps the surface of technological innovation, forcing dark activities to undergo a brutal evolutionary filter. Low-tech crimes are pushed out of the cryptocurrency space, as mentioned in the dialogue, they retreat back into the gift card and cash worlds. What truly remains and upgrades are new participants capable of encoding illegal intentions into complex financial protocol logic. What we are witnessing is not the end of crime, but a fundamental shift in its form from “avoiding surveillance” to “manipulating rules.” When every transaction is exposed to the sunlight, the focus of the game shifts from how to hide to how to construct an indeterminate financial behavior under the watchful eyes of all. The next battlefield will move from blockchain explorers to intelligent systems.

Written by: ChandlerZ, Foresight News
By the end of 2025, the foreign exchange market is experiencing a quiet yet intense asset re-pricing.
In late December, the offshore Chinese yuan (CNH) against the US dollar broke through the 7.0 psychological barrier intraday, reaching a high of 6.99, the highest since Q3 2024. The onshore yuan also dipped to 7.0133 against the dollar.
While the official exchange rate was still battling around the 7.0 mark, the OTC USDT price had already rarely fallen below 6.90 earlier. As of press time, multiple exchanges showed the OTC USDT price (buy 1) at approximately 6.83 yuan, which is a 2.48% USDT negative premium relative to the current exchange rate of 7.0040.
This inversion, over the past three years

By the end of 2025, news about ByteDance's plan to spend billions on purchasing tens of thousands of top-tier NVIDIA AI chips has become a hot topic in the tech industry. Media perspectives focus on narratives of capital competition and geopolitical considerations. However, behind this billion-dollar procurement order, a much larger and more complex engineering challenge is quietly being overlooked: transforming these chips into usable, efficient, and stable computing power is far more difficult than acquiring them. When the number of chips jumps from hundreds in the laboratory to tens of thousands at an industrial scale, the complexity of system design does not grow linearly but undergoes a qualitative change. The floating-point computing capacity of a single GPU is no longer the bottleneck; how to achieve ultra-high-speed communication between chips, how to supply massive training data with millisecond-level latency, how to efficiently allocate and cool enormous amounts of power, and how to intelligently schedule thousands of computing tasks—these series of system-level problems form an engineering abyss that lies between raw hardware and AI productivity.

The domestic stock market performed poorly, with both the KOSPI and KOSDAQ indices declining. Retail investors had net buy-ins, but foreign and institutional investors both net sold. The Korean won exchange rate and gold prices also declined, and the overall market trend remains weak.

Recently, popular trading pairs on decentralized exchange (Dex) include BlackWhale/SOL, SolARBa/SOL, and icy/SOL. BlackWhale experienced the largest decline within 24 hours, while HNUT/SOL saw an astonishing increase. The total DEX trading volume reached $45.16 billion, with Solana and Ethereum contributing the majority of the trades.

SoftBank Group will acquire DigitalBridge, which focuses on AI infrastructure investments, for $4.04 billion, strengthening its presence in the global digital infrastructure market. This acquisition will help SoftBank move towards its vision of an artificial superintelligence platform and is expected to be completed by 2026.

The cryptocurrency market experienced slight declines amid fluctuations on the morning of December 30. According to TokenPost market data, as of the current benchmark time (05:12 Korea Time), Bitcoin has decreased by 0.26% from the previous day, with a trading price of $87,255.07 (approximately 125 million 9 thousand Korean won). Ethereum has decreased by 0.01% from the previous day, trading at $2,930.36 (approximately 4.2 million Korean won).
Cryptocurrency Market Data / TokenPost Market
Mainstream Altcoin Price Movements
Most mainstream altcoins are also showing weakness.
XRP -0.23%▼
BNB -0.88%▼
Solana -0.31%▼
Tron -0.40%▼
Dogecoin -0.48%▼
Cardano -2.70%▼
Market Capitalization and Trading Volume
The total market capitalization of cryptocurrencies is