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Blockchain News
Medium
7d
108
Behind the 8-Ball: Is Humanity Sleepwalking Into an AI-Controlled Economy?
- By 2030, artificial intelligence may become the invisible hand behind our markets, policies, and personal decisions.
- Institutions meant to safeguard society are lagging behind AI development in terms of control and infrastructure centralization.
- There is a risk of entering a digital feudalism, where access to intelligence is leased and controlled by corporations, leading to economic concentration and job loss.
- Immediate intervention is needed to democratize AI access, legislate algorithmic transparency, protect digital rights, and introduce economic adaptation tools.
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Pymnts
7d
237
Image Credit: Pymnts
GameStop Board Votes to Add Bitcoin as Treasury Reserve Asset
- GameStop announced that its board unanimously voted to add bitcoin as a treasury reserve asset.
- A portion of GameStop's cash or future debt and equity issuances may be invested in bitcoin, with no set maximum amount.
- The company acknowledges the risks associated with bitcoin, including volatility, limited liquidity, and market manipulation.
- GameStop CEO, Ryan Cohen, is implementing strategies, including investing in bitcoin, to revive the struggling business.
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14 Likes
TronWeekly
7d
233
Image Credit: TronWeekly
BlackRock’s BUIDL Expands to Solana as Market Cap Nears $2B
- BlackRock's tokenized money market fund, BUIDL, expands to Solana blockchain as market cap reaches $1.7B and aims to hit $2B.
- Integration with Solana blockchain enhances accessibility and expands investor reach for BUIDL.
- BUIDL is a leading tokenized U.S Treasury product with 34% market share and has seen 240% increase in market cap since 2024.
- BlackRock aims to transform traditional finance through blockchain technology and manages $11.6 trillion client assets, establishing a strong presence in the digital asset market.
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Pymnts
1w
400
Image Credit: Pymnts
Google Cloud and CME Group Pilot Distributed Ledger for Trading
- Google Cloud and CME Group are piloting solutions for wholesale payments and tokenization of assets.
- The first phase of integration and testing of Google Cloud's distributed ledger has been successfully completed.
- Direct testing with market participants will begin later this year and new services are planned to launch in 2026.
- The Google Cloud Universal Ledger (GCUL) aims to simplify asset management and facilitate transfers in traditional finance.
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24 Likes
TronWeekly
1w
133
Image Credit: TronWeekly
eToro Files for Nasdaq IPO as Crypto Revenues Surge to $12.6B in 2024
- Israeli multi-asset trading platform, eToro, files for Nasdaq IPO after a 2021 SPAC deal fell through.
- eToro aims to raise between $300 million and $400 million in the IPO, targeting a valuation of up to $5 billion.
- In 2024, eToro's total revenue reached $12.6 billion, with 96% coming from cryptocurrency trading. Net income rose to $192 million.
- The IPO is part of eToro's strategic expansion to access a broader group of investors and gain better trading liquidity and market visibility.
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Intelalley
1w
237
Image Credit: Intelalley
CME to Introduce Tokenization Technology with Google Cloud
- CME Group and Google Cloud are piloting solutions for wholesale payments and tokenization of assets.
- CME Group has completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL).
- The partnership aims to deliver efficiencies for collateral, margin, settlement, and fee payments.
- CME Group and Google Cloud plan to launch new services in 2026.
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14 Likes
TronWeekly
1w
141
Image Credit: TronWeekly
CME Group Joins Google Cloud to Revolutionize Financial Settlements with Tokenization
- CME Group collaborates with Google Cloud to enhance financial settlements through tokenization.
- The collaboration aims to streamline settlement and clearing operations, reducing operational expenses and transaction durations.
- CME Group plans to test tokenized assets and expand their adoption, leveraging blockchain technology for faster and cheaper settlement options.
- Google Cloud's blockchain capabilities support its goal of providing advanced infrastructure for innovation in the financial sector.
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8 Likes
Bitcoinist
1w
279
Image Credit: Bitcoinist
Solana Co-Founder Challenges Layer 2s—Are They Even Needed?
- The co-founder of Solana network, Anatoly Yakovenko, challenges the need for Layer-2 cryptocurrencies, calling them unnecessary and redundant.
- Yakovenko argues that Layer-1 solutions, like Solana, are already efficient, cheap, and secure scaling solutions, making Layer-2 tokens redundant.
- He claims that Layer-1 solutions are not hindered by slow data availability or compromised security, unlike Layer-2s.
- However, some crypto investors disagree, stating that Layer-2 solutions are necessary for scalability and can offer additional benefits.
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16 Likes
Medium
1w
275
CryptoXpress – The All-in-One Crypto Platform for Seamless Payments & Trading
- CryptoXpress is an all-in-one crypto platform that integrates trading, payments, and financial services.
- It offers a user-friendly interface and simplifies crypto transactions for both beginners and experienced traders.
- Key features of CryptoXpress include easy trading, seamless payments, quick remittances, and effortless fiat on/off ramps.
- The platform aims to provide a comprehensive financial ecosystem by supporting DeFi and upcoming features like NFT integration and AI-powered trading.
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16 Likes
Cryptoticker
1w
175
Image Credit: Cryptoticker
CME Group and Google Cloud Partner on Tokenization: A Game-Changer for the Future of Crypto?
- CME Group and Google Cloud are partnering to explore tokenization, the process of converting real-world assets into digital tokens on a blockchain.
- CME Group is the world's largest derivatives marketplace and was the first regulated exchange to offer Bitcoin futures.
- The partnership aims to create a more efficient and streamlined financial infrastructure, with real-time settlement and enhanced transparency.
- The collaboration between CME Group and Google Cloud could lead to increased institutional adoption of blockchain-based financial products and bridge the gap between traditional finance and decentralized finance (DeFi).
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10 Likes
TheNewsCrypto
1w
20
Image Credit: TheNewsCrypto
Falcon Finance Surpasses $90M in TVL, Opens Exclusive Giveaway for Its Synthetic Dollar Protocol
- Falcon Finance has surpassed $90 million in total value locked (TVL) with its synthetic dollar protocol.
- The TVL has been created by whitelisted users, mainly early testers and partners.
- Falcon Finance is opening its doors to five community members for early access in celebration of the milestone.
- The company aims to provide users with a steady yield by staking USDf to mint sUSDf, with a yield of over 22%.
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1 Like
Pymnts
1w
371
Image Credit: Pymnts
Trump Deepens Crypto-World Involvement With Stablecoin Launch
- Decentralized finance company World Liberty Financial (WLFI), backed by the Trump family, is launching USD1, a stablecoin redeemable 1:1 for the U.S. dollar.
- USD1 is backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents.
- The stablecoin aims to provide access to the power of DeFi while maintaining credibility and safeguards of traditional finance.
- USD1 reserves will be held in custody by BitGo, and the coins will be minted on the Ethereum and Binance Smart Chain blockchains.
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22 Likes
Medium
1w
405
Image Credit: Medium
Oasis Protocol’s Interoperability: Bridging Privacy and Cross-Chain Communication
- Oasis Network is working on enhancing interoperability in the blockchain ecosystem.
- The network employs a modular ParaTime architecture to optimize scalability and efficiency.
- Oasis Network's privacy technology can be integrated with other blockchains for confidential transactions.
- The network offers a Solidity contract optimized for privacy-focused cross-chain transactions.
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24 Likes
Medium
1w
301
Image Credit: Medium
Demystifying Cryptography and Zero-Knowledge Proofs: The Building Blocks of Secure, Private Systems
- Cryptography relies on foundational components known as primitives to achieve secure and private systems.
- Some essential primitives include hash functions, which play a role in data integrity checks and password security.
- Signatures provide authenticity and non-repudiation, proving that a message was created by someone with the private key.
- Zero-knowledge proofs allow for proving the truth of a statement without revealing any underlying information.
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18 Likes
Scand
1w
271
Image Credit: Scand
All You Need to Know About Crypto Wallets
- Cryptocurrencies have gained popularity worldwide, leading countries to develop legal frameworks for trading, with varying regulatory approaches.
- Crypto wallets are essential for storing digital assets, managing balances, and facilitating transactions by storing cryptographic keys and user data.
- Crypto wallets simplify blockchain data by displaying information related to user addresses and require securely storing private keys.
- There are various types of crypto wallets, including paper wallets, mobile wallets, and hardware wallets, each offering different levels of security and accessibility.
- Multi-currency wallets streamline the management of different cryptocurrencies, eliminating the need for multiple wallets.
- Decentralized finance (DeFi) wallets enable direct interaction with DeFi platforms, offering features like staking, lending, and trading on decentralized exchanges.
- NFT wallets cater to managing non-fungible tokens and support tokenization standards for different blockchains.
- Cryptocurrency regulation is crucial for investor protection, preventing money laundering, and ensuring the stability of the global economy.
- Cyber threats like phishing and malware pose risks to crypto wallets, emphasizing the importance of user vigilance and security measures like encryption and multi-signature verification.
- Wallet security methods such as two-factor authentication and backup procedures are essential for safeguarding digital assets stored in crypto wallets.
- When developing a crypto wallet app, considerations include support for multiple cryptocurrencies, secure key storage, legal compliance, and integration with hardware modules.
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