MAROKO133 Hot crypto: Changpeng Zhao Weighs External Investment For $10B Portfolio in Futu

📌 MAROKO133 Hot crypto: Changpeng Zhao Weighs External Investment For $10B Portfol

Changpeng Zhao is weighing a future opening of his $10b investment vehicle to outside capital at a later stage, as YZi Labs, the firm spun out of Binance in January, gauges timing and builds out new teams.

YZi Labs manages Zhao’s wealth along with funds from a small circle of early Binance executives, including co-founder Yi He.

The firm invests primarily in crypto start-ups, while also backing biotech and AI, and previously accepted about $300m from external investors in 2022 before returning part of that money.

Chief executive Ella Zhang told the Financial Times that there is steady interest from outside backers and that the firm may convert into an external fund when internal capabilities mature.

She described opening the doors to outside money as a “huge responsibility,” and said the near-term focus is hiring and deepening expertise in AI and biotech.

Zhang added that the 12-person team takes a “super long-term” view and is not driven by annual multiple targets, reflecting the scale and horizon of Zhao’s capital.

CZ’s Binance Roots Loom Large As YZi Weighs Potential US Capital

If YZi Labs eventually admits US investors, the firm would face stricter regulatory scrutiny. That consideration sits alongside a shifting policy landscape, with industry figures pointing to a more accommodative stance toward digital assets in Washington.

Zhao, widely known as CZ, co-founded Binance in 2017 and built it into the world’s largest crypto exchange. His majority stake has made him one of the sector’s wealthiest founders, according to public rich lists.

The path has not been smooth. In 2023, Zhao pleaded guilty to a US criminal charge related to anti-money laundering controls. Binance entered guilty pleas on money-laundering and sanctions violations and agreed to pay more than $4.3b in penalties.

US authorities said the exchange failed to report a large volume of suspicious transactions tied to serious crimes and terrorist groups.

SEC Seeks Private Showcase As Founders Drift Back To Silicon Valley

Zhao resigned from Binance and served a four-month jail term in 2023. Since completing his sentence, he has sought a presidential pardon in the US.

Against that backdrop, Zhang said US regulators have shown fresh interest in portfolio companies. She noted that the SEC requested a private showcase for YZi-backed projects after its chair could not attend a recent demo day at the New York Stock Exchange.

Founders who left the US in recent years are returning to Silicon Valley, Zhang said, pointing to an administration that wants to promote the country as a crypto hub. She added that some commissioners appear “open minded” to innovation.

Zhao Backs Treasury Structures Using Public Companies For Token Buys

Deploying such a large pool of capital is hard. Even so, Zhao has set a clear challenge, put money to work while keeping quality high. As a result, meeting YZi Labs’ criteria across crypto, AI and robotics will take time.

Meanwhile, the firm has leaned into crypto treasury structures. It is backing deals that use public companies to raise cash for token purchases. For example, it is pursuing a planned $1b transaction with former Bitmain executives. In July, it also led a raise to convert a Nasdaq-listed vape maker into a BNB-focused treasury vehicle.

Finally, digital assets make up about 70% of YZi’s portfolio. However, interest in AI and robotics is rising.

The post Changpeng Zhao Weighs External Investment For $10B Portfolio in Future: Report appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Hot crypto: A New Era of Shared Computing? Bless Network Launches Main

In a digital landscape increasingly dominated by monolithic tech giants, a quiet revolution may be underway. Bless Network, a self-proclaimed “shared computer,” has officially launched its mainnet, as announced on Sept. 23, 2025. The new protocol allows anyone to contribute their spare computing power and earn cryptocurrency in return.

Bless aims to challenge the traditional cloud computing model and, in the process, democratize access to a multi-trillion-dollar industry.

For years, the vast profits from the global cloud computing market, which is now “approaching $1 trillion,” have flowed almost exclusively to a handful of companies like Amazon Web Services (AWS) and Google Cloud. This has created a centralized infrastructure where computing power is concentrated in sprawling, resource-hungry data centers.

Bless, however, is proposing a radically different vision, an infrastructure owned and operated by the people. According to the announcement, the launch follows less than a year of testnet activity that saw the network grow to more than 6.3 million nodes and 2.5 million users, making it one of the largest decentralized compute testnets to date.

Empowering the everyday user

Bless Network claims that its appeal lies in its unparalleled accessibility. While other decentralized compute platforms often require technical expertise, coding skills, or complex server management, Bless claims to have removed these barriers.

The platform operates through a simple browser extension, transforming the user experience from a technical hurdle into a seamless, click-and-earn process.

This straightforward approach is a “first truly viable bridge for Web2 users entering decentralized infrastructure,” according to the team. It addresses a critical gap that has limited the broader adoption of decentralized computing.

By democratizing infrastructure ownership, Bless claims to make it possible for students, small businesses, and non-expert users to become active participants in the digital economy’s growth.

As Bless Network Michael Chen, Co-Founder of Bless puts it, “We’re building a world where anyone, anywhere can help power AI and the apps and tools they use every day, and be rewarded for it.”

The benefits for users are twofold, according to the protocol’s team. First, users can earn cryptocurrency rewards simply by contributing their unused CPU and GPU power. Second, they are no longer just passive consumers of technology; they become part of a community-owned infrastructure.

This model directly benefits contributors and builders alike, as the network’s growth and utilization translate into tangible value for its members.

The economic engine: TIME and BLESS tokens

The economic model behind Bless is designed to reward participation while ensuring long-term value. The system uses two tokens: TIME and BLESS.

Users earn TIME tokens in proportion to their contributions, similar to a loyalty program. This is the transactional token that users accumulate for their work. It’s not just about providing compute power, the team claims, TIME also represents “the creation of educational material, organization of community initiative, and other activities which help grow the network.”

The real value, however, is tied to the BLESS token, the network’s governance token, which has a fixed total supply of 10 billion. Every few months, in periods called “Chapters,” users can redeem their TIME tokens for BLESS.

The supply of TIME is seasonal, with a fixed supply of 100 million TIME minted in each Chapter. At the end of each Chapter, any unredeemed TIME is either burned or redeemed, creating a deflationary mechanism that supports the value of BLESS over the long term. This approach was designed to ensure that rewards went to community members who helped build the network’s foundation, rather than to speculators.

According to the Bless Network team, “45% of BLESS is reserved for rewarding the community,” underscoring their commitment to a community-centric model.

This system effectively turns a user’s idle computer into a source of income, enabling them to “capture value from this boom rather than watching as profits flow exclusively to big tech companies,” the announcement states. It’s a powerful and simple value proposition that could resonate with anyone looking to earn from the tech boom without needing to be a coding wizard or a data scientist.

Decentralized advantage: Challenging the status quo

Beyond the economic benefits for users, Bless Network’s distributed architecture claims to offer other significant advantages over centralized cloud services. While companies like AWS and Google Cloud rely on massive, centralized data centers, Bless operates on a network of millions of individual devices. This distributed model can offer several key benefits, according to the protocol’s team:

• Cost Efficiency. Bless’s distributed architecture can offer up to “90% cost reductions” compared to traditional cloud services. This makes high-performance computing accessible to a much wider audience, from independent developers to small businesses.
• Lower Latency. By distributing nodes geographically across millions of devices, the network can provide lower latency for applications, especially for those that require responsiveness close to the end-user.
• Resilience and Scale. The sheer scale of the network, with over five million nodes in its testnet phase, provides more extensive coverage and resilience than many centralized alternatives. If one node goes offline, countless others are there to pick up the slack.

According to the Bless team, the crucial difference lies in the management of trust and reliability. Centralized providers like AWS “own data centers across the globe, and orchestrate them with a Kubernetes framework. Because they own these data centers, they have offloaded the trust and reliability layer to humans.”

In contrast, decentralized platforms must rely on technology alone.

Securing the shared computer: Trust without central authority

The skeptical user may wonder if a system where contributors and developers are strangers can truly be secure. In an attempt to address this concern, Bless claims that it can prevent misuse and protect user data through a multi-layered technological approach.

“Unauthorized use in the sense of a developer attacking the node runner is prevented with our WASM secure sandbox,” the team asserts. According to the protocol’s documents, this WebAssembly (WASM) secure runtime pre-compiles all deployments into a binary format and processes them in a sandboxed environment.

This means the node runner has no idea what workload is being processed, and the software cannot access the wider host machine environment for private informatio…

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🔗 Sumber: www.beincrypto.com