Tokenization is one of the biggest buzzwords in finance today, and Ondo Finance (ONDO) is among the projects turning that vision into reality. At its core, Ondo bridges traditional finance and blockchain, bringing real-world assets (RWAs)—like U.S. Treasuries—on-chain so they can be accessed and traded more easily.
AI
Malaysia has entered a new era of banking with the launch of Ryt Bank, the nation’s first AI-powered bank. Developed by YTL Group in partnership with Sea Limited, the venture combines cutting-edge technology with local culture and languages to deliver a personalized, accessible digital banking experience. The launch, timed
Finance
Eclipse Labs, a Layer 2 blockchain developer, announced a sweeping restructuring on Monday that includes a major leadership change and deep staff cuts as the company pivots toward building user-facing applications. In a statement on X, Eclipse revealed that Sydney Huang, known online as 0xSydney, will take over as CEO
AI
As artificial intelligence models grow larger and more computationally demanding, even the biggest data centers are starting to hit their limits. NVIDIA believes it has found a solution: Spectrum-XGS Ethernet, a new networking technology designed to link multiple AI data centers into what it calls “giga-scale AI super-factories.” Announced ahead
Markets
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot Chainlink exchange-traded fund (ETF), marking another step in Wall Street’s growing appetite for single-asset crypto products. According to the preliminary S-1 filing, the Bitwise Chainlink ETF aims to track the market
AI
The U.S. federal government has signed one of its most ambitious artificial intelligence agreements to date, securing access to Google’s Gemini AI suite under an unprecedented pricing structure of just $0.47 per agency. The deal, announced by the General Services Administration (GSA), will run through 2026 and
Finance
deBridge, a multichain interoperability protocol, has added support for Tron, bringing one of the world’s largest stablecoin ecosystems into its cross-chain network. The integration, announced Tuesday, allows users to transfer assets in real time between Tron, Ethereum, Solana, and more than 25 other blockchains. deBridgedeBridge is the bridge that
Politics
Canary Capital Group LLC has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to a cryptocurrency linked to former President Donald Trump. In its registration statement submitted Tuesday, the firm introduced the Canary Trump Coin ETF, which would track the price
Cryptocurrency
BitMine is doubling down on its Ethereum strategy, cementing its position as the world’s largest corporate holder of ETH after a fresh $46 million acquisition. According to on-chain data shared by Lookonchain on August 24, the Las Vegas–based firm purchased 9,600 ETH, bringing its total treasury to
AI
The Hong Kong Generative AI Research and Development Centre (HKGAI) has named FLock.io as its exclusive decentralized AI training partner, a move aimed at boosting government and public sector efficiency. Breaking: FLock is the AI model training partner for the Hong Kong Government’s official and ONLY AI provider,
Regulation
The first U.S. law regulating stablecoins is already sparking friction between banks and the crypto industry. Major American banking groups are urging lawmakers to revise parts of the newly enacted GENIUS Stablecoin Act, warning that current provisions could disadvantage traditional lenders while giving crypto platforms an edge. US banks
What Is ERC-4337? In March 2023, Ethereum introduced ERC-4337, a new standard that changes how wallets work on the network. First proposed by Vitalik Buterin and the Ethereum developer community back in 2021, the standard implements a concept called account abstraction. Right now, Ethereum has two main account types: * Externally