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Crypto

Crypto industry to contribute $55 billion to U.S. economy, report says

The U.S. cryptocurrency industry employs about 34,000 people directly but is expected to contribute $55 billion to the U.S. economy in 2026, an analysis found. A report by the National Cryptocurrency Association and Pragmatic Policy Group put total supported jobs, including indirect and induced employment, at 232,000. It said average crypto pay is $133,000, above U.S. median wages. California, New York and Texas account for 60 percent of crypto jobs.

Industry

China develops high-performance electrolyte for all-solid-state batteries, maintaining 84 percent capacity after 350 cycles

Chinese researchers have developed a new electrolyte system for all-solid-state batteries that maintained 84.15 percent of its initial capacity after 350 charge-discharge cycles. The team at the Chinese Academy of Sciences\' Dalian Institute of Chemical Physics applied a PVDF-based gel composite electrolyte and focused on reactions between lithium oxychloride and PVDF to improve bonding and ion conduction. The study did not provide figures for energy density, driving range or charging speed.

Industry

EcoPro BM ships first cathode materials to European OEM from Hungary plant

EcoPro BM has shipped high-nickel NCA cathode materials for the first time from its plant in Debrecen, Hungary, for supply to a European automaker OEM, the company said on Tuesday. Executives including CEO Moon-ho Choi attended the shipment ceremony. The complex houses several affiliates and has annual cathode capacity of 54,000 tons across three lines. EcoPro BM plans additional supply to other global OEMs this year and may consider building a second plant.