Author: Coindesk

Jito’s governance token JTO was created in the image of most every cryptoasset tied to a DAO: holders vote on proposals, and the more tokens they have, the more power they wield in the DAO. Like most governance tokens, JTO captured no direct economic upside. Read the full article here

Decentralized AI presents a promising alternative to open and closed-sourced AI by leveraging blockchain technology and crypto-based incentives. In decentralized AI systems, no single entity controls the network; instead, ownership, access, and rewards are distributed among participants. This approach addresses the funding and coordination issues that plague open-source AI by introducing token economies that provide ongoing financial incentives to contributors. For example, decentralized networks like NEAR, Bittensor, Allora, Sentient, and Sahara aim to reward participants with native tokens for their contributions to training and improving AI models, creating a sustainable economic model that could enable developers to fund ongoing development.…

“By bringing together the power and connectivity of Mastercard’s MTN with Kinexys Digital Payments, we are unlocking greater speed and settlement capabilities for the entire value chain. We are excited about this integration and the new use cases it will bring to life, leveraging the strengths and innovations of both organizations,” said Raj Dhamodharan, executive vice president, Blockchain and Digital Assets at Mastercard in a statement. Read the full article here

Bitcoin topped $98,000 heading into the U.S. morning, extending its breakout from an eight-month consolidation since crypto-friendly Donald Trump won the U.S. presidency. The largest crypto has advanced 4.5% over the past 24 hours, leaving the broad-market CoinDesk 20 Index behind. Some altcoins are quickly catching up to BTC’s gain, with ether (ETH), Chainlink (LINK) and Uniswap (UNI) surging 5% in the past hour. The $100,000-per-BTC mark is just a stone’s throw away and BTC futures on Deribit maturing next year are already trading above the threshold. Still, the round-number level might pose a barrier at least in the short…

MSTR is the world’s largest publicly listed BTC holder, with a coin stash of 331,200 ($3.04 billion) steadily accumulated since 2020. At one point on Wednesday, the company was the most traded U.S. stock, outpacing even Nvidia (NVDA), according to Eric Balchunas, a senior analyst at Bloomberg. Nvidia is almost three times the size of MicroStrategy by market cap. Read the full article here

“A lot of institutions in Singapore and Asia haven’t really done much [in crypto]. There have been some traditional institutions that have been working with digital assets, but in a very limited fashion,” Lee said, adding that most of the activity in Singapore is coming from “non-traditional institutions” such as investment funds, venture funds, hedge funds, family offices and high net worth individuals. Read the full article here

At press time, BTC futures contract expiring on March 28 traded 4.8% higher at $101,992, representing a. premium of nearly 5% to the global average spot price of $97,200, according to data source Deribit and TradingView. Contracts expiring on June 27 and Sept. 26 changed hands at $104,948 and $107,690 in an upward-sloping futures curve. Read the full article here

As big tech searches for ways to meet its voracious energy demands and policymakers search for cleaner alternatives to secure energy independence, nuclear has increasingly become a nexus for both Wall Street and Washington. On Capitol Hill, senators and representatives have passed nuclear legislation this year with overwhelmingly broad bipartisan support. In an era defined by bitter partisanship, the Accelerating Deployment of Versatile Advanced Nuclear for Clean Energy (ADVANCE) Act passed the Senate by a vote of 88-2 and passed the House by a vote of 393-13. This followed the House’s Atomic Energy Advancement Act and Senate’s Fusion Energy Act,…

Applications for this technology span finance, data sharing, education, and beyond. For instance, platforms like Genius Terminal use agents for decentralized digital asset trading, while in data sharing, agents allow users to control their information, choose who gets to use it, and either sell it or exchange it for personalized recommendations. In education, they link LLMs for assessing the accuracy of answers to blockchains for transparent verification and real-time rewards that engage learners. This is really just the beginning, as these agents get more advanced, they’ll be able to take on more sophisticated tasks too. Read the full article here

In 2020, under former SEC Chair Jay Clayton, the SEC sued BitClave alleging that the sale of its Consumer Activity Token (CAT) violated federal securities laws. BitClave settled the charges without admitting any wrongdoing, and agreed to forfeit the entirety of the money it raised in 2017, plus another $4 million in interest and penalties. It also agreed to destroy all uncirculated CAT and request that exchanges delist it as part of the settlement agreement. Read the full article here