matter

Alex Gluchowski, CEO of Matter Labs, announced Prividium Commander at Money20/20 USA, pointing out that while most banks have tested blockchain, only a few have truly put it into production services. The crux of the issue lies in operational processes rather than the technology itself, including aspects such as issuance control, transfer processing, audit requirements, and compliance workflows.Prividium Commander is positioned as a unified control plane, allowing institutions to manage permissions, configure token functionalities, and set operational strategies all in one place, while also integrating with existing traditional financial systems of banks and being compatible with both public and private chain infrastructures. This product is built on Matter Labs' permissioned privacy blockchain platform, Prividium, which is based on ZK Stack technology, allowing institutions to run private chains on their own infrastructure and anchor transactions to Ethereum through zero-knowledge proofs, achieving Ethereum-level settlement finality without disclosing customer balances and transaction details.Matter Labs open-sourced the Prividium Core permission engine in September 2026, with the Deutsche Bundesbank being the first testing party. Cari Network has chosen Prividium to build a multi-bank tokenized deposit platform, with participants including regional banks such as Huntington and M&T Bank, planning to go live later in 2026. By mid-2026, Matter Labs had fully shifted its focus to the institutional privacy infrastructure of Prividium.

According to Bitcoin Magazine, Richard Byworth previously worked at Syz Capital, focusing his career on hedge fund structure design. In an interview with Bitcoin Magazine, he stated that the next round of Bitcoin's rise is just a matter of time.He pointed out that, based on data from on-chain analysis platforms like Glassnode, the current level of seller exhaustion has reached a historical high. Although the market does not exhibit an extreme bearish atmosphere, multiple on-chain indicators show that Bitcoin is strongly building a bottom. He mentioned that Bitcoin has been trading in the range just above $80,000 in recent weeks, and he believed that $58,000 was a bottom.Byworth also discussed Bitcoin yield strategies. He warned that using a covered call strategy during a bullish market could lead to significant losses of Bitcoin for investors, and advocated for earning low-volatility, market-neutral returns through basis trading collateralized by Bitcoin. He noted that Strive had bought three times the weekly issuance of Bitcoin in a single transaction within a week, believing that the next round of rise is just a matter of time.Regarding Bitcoin treasury companies, Byworth stated that the digital credit products designed by Saylor are putting pressure on the traditional bond market, as the yield on 10-year U.S. Treasuries is around 5.1% to 5.2%, and investors will see their returns eroded by the faster pace of currency depreciation. He mentioned followers like Strive and Metaplanet, and believes that Bitcoin could break its historical high again before the end of the year, and reaching $350,000 in about a year is not entirely impossible.

On October 12, 2026, the financial technology company Yirendai released a statement through its public account, stating that it had noted the public security report released by "Ping An Beijing Chaoyang" on that day, and that the relevant situation should be based on the official announcement.Yirendai stated that the company operates independently as a publicly listed entity, focusing on financial technology and AI technology innovation. The company mentioned that no direct relationship with Yirendai's business has been found regarding the reasons involved in this incident, and that operations remain normal, with all business activities progressing in an orderly manner.The company also stated that it will strictly adhere to regulatory requirements, maintain compliant and stable operations, protect the legal rights and interests of partners and users, and express gratitude for the attention from all sectors.

On September 8, the ZKsync development team Matter Labs announced that it has open-sourced the permission engine of its privacy blockchain platform Prividium for financial institutions under the Apache 2 license. This engine is responsible for managing roles and access permissions on the chain, determining who can read and write data. After the open-sourcing, institutions can run the permissioned chain in their own environment based on the public code without signing commercial agreements, and can independently inspect, run, and modify the core code, reducing reliance on a single vendor.The Deutsche Bundesbank became the first institution to test and deploy the open-source permission engine in its own infrastructure. Matter Labs stated that both parties will continue to collaborate on platform design and testing. Prividium achieves privacy by keeping transaction data within the institution, only recording zero-knowledge proofs that the ledger has been correctly updated on Ethereum or other compatible chains. Previously, the core of ZKsync OS, Atlas sequencer, Airbender prover, interoperability contracts, and block explorer and monitoring components have been open-sourced.Matter Labs CEO Alex Gluchowski stated that feedback from regulators indicated that relying solely on commercialized core components leads to unacceptable single vendor dependency, and the ability to run, inspect, and modify the code independently is a prerequisite for adoption. He also pointed out that this open-sourcing does not change the role of the ZK token, only adjusting which parts of the Prividium software are public code and which remain commercial products. Connectors such as management consoles, user access tools, and core banking system integrations remain paid products.

According to The Block, ZKsync developer Matter Labs has open-sourced the permission engine of its distributed ledger platform Prividium for financial institutions, allowing organizations to run, inspect, and modify core code in their own environments. The German central bank has become the first institution to test and deploy Prividium.Matter Labs CEO Alex Gluchowski stated that feedback from regulators regarding commercial core means reliance on a single vendor, and that open-sourcing the core "structurally eliminates adoption barriers."Other components of Prividium, such as the ZKsync OS core and Atlas sequencer, have previously been open-sourced. The permission engine is planned to operate as an independent component, allowing institutions to deploy it without a commercial agreement, but management tools and integration with existing systems remain commercial products. Gluchowski said, "The central bank running public code is the clearest signal in this direction."

The development company behind zkSync, Matter Labs, announced layoffs on Tuesday and is fully transitioning the entire organization to the institutional-grade on-chain privacy infrastructure platform Prividium. CEO Alex Gluchowski defined this move on X as a skills restructuring rather than a cost-cutting measure, stating that the products built for regulated financial institutions since 2024 have evolved into Prividium, aiming to provide on-chain infrastructure that combines transaction confidentiality with compliance auditing capabilities for regulated entities such as banks and asset management companies.Gluchowski mentioned that this transformation is based on specific product feedback from institutional clients, but did not disclose the number of layoffs. According to CoinGecko data, the market capitalization of the zkSync token is approximately $115 million, having risen 4.3% in the past 24 hours. This transformation reflects a broader trend in the Layer 2 market, as ZK and L2 projects like Hyli and Botanix have shut down, and general-purpose horizontal platforms are facing pressure to find defenses in vertical fields. As of the time of publication, Matter Labs has not made any statements regarding the future of the zkSync network and ZK tokens.

In response to Curve Finance's accusation that PancakeSwap appears to have used Stableswap code without permission and borrowed security practices to ensure the safety of user funds, violating its open-source license agreement, PancakeSwap issued a statement indicating that it will directly contact the Curve Finance team to discuss the matter.

BitMine Chairman Tom Lee stated, "The parabolic and sustained rise of gold and silver is overshadowing the ongoing strengthening of the intrinsic fundamentals of crypto assets, especially Ethereum and Bitcoin.At the 2026 Davos Forum, financial institutions are preparing to build products on Ethereum and other smart blockchains. When the fundamentals continue to trend upwards, it is only a matter of time before prices rise."

Coinbase CEO Brian Armstrong stated on the X platform that during his participation in the World Economic Forum in Davos, most of the bank CEOs he met were actually very supportive of cryptocurrencies and viewed them as an opportunity (of course, there were also some who had not fully accepted them). The CEO of a top ten global bank told Brian Armstrong that cryptocurrencies are their top priority, and they believe it is a matter of survival for banks.

Patrick Witt, head of the White House Crypto Council, stated on the X platform that the recently released draft of the U.S. Senate Agriculture Committee's crypto market structure bill is a high-quality bipartisan achievement, with over 80% similarity to the House's CLARITY bill. It has previously received support from a majority of Democratic members of the Agriculture Committee and nearly 40% support within the House Democratic Caucus. He also emphasized that under the regulatory environment of Trump and crypto, crypto market structure legislation is "just a matter of time," and if the current window is missed, there may be a future with stricter and more punitive regulatory frameworks.

Regarding Solana's mockery of Starknet with "only 8 daily active users and just 10 daily transactions," and Starknet's subsequent response, "Who told this little brother Solana the data?" He Yi responded on social media, stating: "Take a deep breath and relax, we are all friends, and harmony is precious."He Yi also added "peanuts, sunflower seeds, and mineral water," calling for the outside world to view the related discussions with a more relaxed mindset, avoiding excessive controversy due to on-chain data comparisons.

Galaxy research director Alex Thorn stated on the X platform that for Bitcoin to achieve positive returns in 2025, its price must close above $93,389 on the last day of the year. However, the sentiment among Bitcoin investors is undoubtedly quite low at the moment, though some portfolio managers may reconsider Bitcoin in January 2026. This year, Bitcoin has received many positive news, and this "good news" seems to have become the norm. Despite a lackluster performance at the end of the year, the performance of U.S. Bitcoin ETPs has been much more stable, with cumulative inflows only down 9% since reaching a historical high of $62 billion in October, further highlighting the increasing maturity of this asset class.Galaxy believes that it may only be a matter of time before Bitcoin follows gold as a hedge against currency devaluation, potentially igniting interest from several large asset allocators and central banks.

According to The Block, David Sacks, the White House's cryptocurrency and artificial intelligence director, publicly questioned The New York Times' investigation into his conduct during his tenure as the head of White House AI and cryptocurrency affairs, arguing that the paper spent months pursuing unfounded allegations.Sacks issued a statement on social media, claiming that The New York Times assigned five reporters this summer to try to uncover conflicts of interest between his government position and his background in the tech industry. "Through a series of 'fact checks,' they made accusations, which we have thoroughly refuted," Sacks wrote. "Anyone who reads the article carefully can see that they pieced together a collection of anecdotes that do not support the headline. Of course, that was precisely their intent."The controversial New York Times article is titled "Silicon Valley in the White House: Profiting for Oneself and Friends," published on November 30. The article accuses David Sacks of using his dual role as the White House AI and cryptocurrency affairs director and a significant tech investor to promote policies that could benefit himself and his extensive Silicon Valley network in AI and cryptocurrency-related assets.

ChainCatcher news, Zhao Changpeng responded on social media to the statement "Zhao Changpeng hunted and eliminated Wintermute," saying that he hasn't seen

ChainCatcher news, former PayPal president and co-founder and CEO of Lightspark David Marcus posted on the X platform, reminding the community to pay attention: if the value of Bitcoin equals that of gold, then the price of 1 Bitcoin could reach $1.3 million. Nowadays, Bitcoin has become a better store of value, and its payment utility has yet to be factored into the price; breaking the 7-digit price is just a matter of time.It is reported that the recent historical highs in the prices of gold and Bitcoin may be driven by the ongoing U.S. government shutdown and expectations of interest rate cuts.

ChainCatcher economist and well-known Bitcoin skeptic Peter Schiff posted on the X platform: "What if the supply of Bitcoin was 21 billion instead of 21 million? Redefining each Bitcoin as 100,000 satoshis (instead of 1 million), while keeping the supply of satoshis unchanged, would it still feel scarce? '1 million' is just an artificially set unit; the actual supply of Bitcoin is not important. What really matters is the supply of satoshis."

ChainCatcher news, according to Zhitong Finance, Greenland Holdings has issued an announcement regarding abnormal fluctuations in stock trading. Recently, media reports indicated that the company's Hong Kong subsidiary is involved in matters related to virtual assets. After the company's self-examination, it was found that the subsidiary's operating income for 2024 accounts for less than 1% of the company's total operating income, which does not have a significant impact on the company's production and operation.

ChainCatcher news, according to a post by Trump on Truth Social, at least 7 countries' trade-related matters will be announced tomorrow morning (Eastern Time), and additional countries will be announced in the afternoon.