Author: Coindesk
Ethereum’s ability to host a wide-range of applications and assets has been evident for years, but the investment case for its native token, ETH, has become increasingly complex. In the wake of key protocol changes, particularly the hardforks activating EIP-1559 and EIP-4844, investors are asking how Ethereum’s adoption will translate into ETH’s long-term value. Read the full article here
Despite all the challenges, I believe DePIN is the killer use case for enterprises adopting blockchain, and it has the potential to become the next trillion-dollar industry. After the mass adoption of DePIN, distributed ledger technology will have a transformative effect on the telecommunications sector, similar to the launch of the internet. In the end, it will lead to efficient infrastructure deployment and maintenance with automatic settlements and billing among all parties, fostering decentralization, independence, and seamless collaboration between multiple stakeholders. Read the full article here
“The real volume of crypto is tied to countries like the U.S. and others,” Gronager said. “The story we are trying to tell you is more like saying crypto users per capita. So basically, how many people using [crypto] within the country. The adoption is, like, who’s holding crypto for the average people in countries. In the U.S., that’s less than it is, for example, in India.” Read the full article here
By processing data locally on mobile devices, the industry stands to achieve far lower latency, enhanced privacy, and reduced bandwidth usage. This approach is particularly crucial for real-time applications like autonomous vehicles, augmented reality and personalized AI assistants. The edge is where new AI use cases will take off, especially those for personal usage. Not only will powering these programs become more affordable on the edge, but it will also become more reactive and customizable, a win-win for consumers and researchers alike. Read the full article here
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Gary Weinstein, the founder of Infinity Advisory LLC and former state assistant attorney general, said all of the attendees present were in favor of consumer protections and “high-integrity” markets, including Gambaryan. He noted that Gambaryan had been invited by the Nigerian government when he visited in February and was given a “false assurance of safe passage.” Read the full article here
So it was fortuitous timing for Trump that his campaign scheduled a stop, later in the week, at the Bitcoin-friendly New York City bar, PubKey. According to the bar’s official X account, Trump bought 50 smash burgers and Diet Cokes for people in attendance, at a total cost of $998.77 including tax and tip, and then paid for it all in bitcoin. Fox News posted a video of the entire scene, leading a sharp-eyed reporter from CryptoSlate to quickly point out that Trump’s role mainly consisted of standing by at the counter while handlers actually performed the transaction, passing smartphones…
Theta Labs, the developer behind the entertainment-focused blockchain project Theta Network, has launched EdgeCloud for Mobile, allowing Android users to contribute spare GPU power to the Theta EdgeCloud network and earn TFUEL tokens. According to the team: “Available on Google Play, the app lets users provide resources during idle times, supporting AI research in media, healthcare and finance. Using a Decentralized Physical Infrastructure Network (DePIN), Theta EdgeCloud cuts GPU-intensive task costs by over 50% compared to traditional cloud providers, offering scalable, decentralized AI model training and inference services.” The blog post reads: “For the first time ever, the Theta team…
In September 2024, Galois Capital, a now defunct crypto hedge fund, settled with the SEC for $225,000 over “custody failures” related to safeguarding clients’ crypto assets. While the amount may seem small, the implications for the Registered Investment Advisor (RIA) community, digital asset industry and custodians are significant. Read the full article here
A bank would use Visa’s new platform to purchase tokenized RWAs such as commodities or bonds with near-real-time settlement, using a token, the statement said. One of the first financial institutions to use VTAP will be Spanish bank BBVA, who expects to rollout a live pilot in 2025. Read the full article here