
Grokipedia leads the fight for who defines "truth" on the internet.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

November 04, 2025

Solana vs Ethereum ETFs, Facebook's influence on Bitwise: Hunter Horsley

Bitwise's Hunter Horsley was stung by criticism from Ethereum Maxis about the firm's support of Solana, as ETH helped inspire Bitwise in 2016.

In the lead-up to this week's surprise listing of its Solana Staking ETF on the New York Stock Exchange, Bitwise CEO Hunter Horsley caused a stir by telling Cointelegraph that Solana's shorter validator exit queue gave it the edge over Ethereum in the staking ETF race.

Bitwise chief investment officer Matt Houghan went much further on a podcast, praising Solana's speed, throughput and finality as "extraordinarily attractive." He labelled it "the new Wall Street."

The glowing endorsements were controversial among Ethereum fans, some of who seemed to believe Bitwise was betraying ETH's cypherpunk values by championing other projects.

Horsley was stung by the criticisms, not least because Ethereum was part of the inspiration for creating Bitwise in the first place.

He replied he felt "terrible to see these posts. We care a lot about Ethereum…. Feedback received re recent commentary seeming to be at odds with values in the ETH community. It's being taken to heart."

But does Bitwise actually hold cypherpunk values today?

Grokipedia: 'Far right talking points' or much-needed antidote to Wikipedia?

Grokipedia is far from perfect, but proponents argue it covers crypto and controversial topics in a more even-handed manner than Wikipedia.

For 24 years, Wikipedia has relied on fallible humans to write about everything there is to know about anything. Grokipedia, created by Elon Musk's xAI, is finally set to challenge that.

Supporters of Grokipedia say it's the best thing that's come out on the internet since… well, Wikipedia. However, Musk's critics argue his new encyclopedia is nowhere near as neutral as it claims and is pushing "right-wing" talking points.

But maybe they're both right.

It was only at the end of September when Elon Musk announced xAI was building Grokipedia, claiming it would be a "massive improvement over Wikipedia," and address "falsehoods" and "half-truths" on the internet.

It's v0.1, released on Monday as an "early beta," and saw huge praise from his supporters on X, with many praising what they see as Grokipedia's clinical approach to politically charged topics, such as Charlie Kirk, George Floyd, and even Bitcoin.

Web3 Gamer: YouTube's 'direct attack' on Web3 gaming, riskiest crypto game tease

YouTube launches "direct attack" on blockchain gaming vids, Animoca to list on Nasdaq five years after getting kicked off the ASX: Web3 Gamer.

YouTube's latest content rules announcement hasn't gone down well with Web3 gaming creators, who say the platform is unfairly targeting them.

"YouTube's new policy is a direct attack on Web3 gaming and CS skins," Gamer Leevai said in an X post. Fellow gamer Predz added, "Know any Web3 creators? They need to see this."

The update, which is expected to roll out on Nov. 17, expands YouTube's definition of prohibited online gaming content to cover digital goods with monetary value, including skins, cosmetics, NFTs, and other blockchain-based assets.

Gaming analyst Eliza Crichton-Stuart said the changes could "impact thousands of creators in the Web3 and blockchain gaming space."

Gaming commentator Easy asked, "Is this the nail in the coffin?"

However, not all think that it's doomsday for Web3 gaming content.

Asia Express: China officially hates stablecoins, DBS trades Bitcoin options

China's central bank boss really, really doesn't like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express.

China has finally put rumors to rest following a speech by People's Bank of China Governor Pan Gongsheng at an annual financial conference in Beijing.

After Hong Kong's stablecoin licensing regime took effect in August, several companies — including some from mainland China — reportedly lined up to apply for licenses in the city. The move had fueled speculation that Beijing might be preparing to ease its long-standing crypto ban.

However, Pan made clear that no such shift is underway. Referring to the series of prohibitions rolled out since 2017, he said the existing policies "remain in effect."

Meanwhile, Singapore's DBS Bank and Goldman Sachs have executed an over-the-counter (OTC) cryptocurrency options trade, which they describe as the first of its kind between two banks.

The trade, involving cash-settled Bitcoin and Ether options, lets firms manage risks associated with their cryptocurrency exposures, according to DBS.