RGB Protocol Launches on Bitcoin With Tokenized Asset Support

Smart contract and asset issuance system RGB Protocol said it had launched on the Bitcoin mainnet, enabling tokenized assets like stablecoins, non-fungible tokens (NFTs) and custom tokens within the Bitcoin ecosystem.  On Thursday, the protocol announced that tokenization tools allowing users to create, send and manage digital assets on Bitcoin and the Lightning Network were available.  The protocol said it enables new tokenization functions on top of the network, while preserving its principles of decentralization, privacy and self-custody.  RGB uses client-side validation, which means that asset data is processed and…

BTCFi TVL Up 22X, But Trust Is Still Lacking: Expert Survey

Bitcoin-based decentralized finance (DeFi), often referred to as BTCFi, is experiencing significant growth but still faces challenges. According to DefiLlama data, Bitcoin-based (BTC) DeFi protocols’ total value locked (TVL) went from $304.66 million on Jan. 1, 2024, to $6.5 billion by Dec. 31, 2024. As of publication, DefiLlama data shows that BTCFi has a TVL of $7.05 billion. This translates to an increase of more than 22 times. A report shared by Bitcoin smart contract layer Arch Network suggests that “this surge was fueled by new protocol launches, emerging token…

Pi Network Whales Offload 1,500,000 Coins, Is Price Crash Imminent?

Key Notes Whales transferred 1.5 million Pi tokens to exchanges, signaling a potential sell-off. Pi Coin price lingers just above its $0.40 all-time low despite wider market gains. Indicators show mixed signals, but large holders are exiting their positions. The price of Pi Coin PI $0.44 24h volatility: 0.4% Market cap: $3.42 B Vol. 24h: $108.82 M is sliding as large holders shifted 1.5 million coins to crypto exchanges. This sudden movement has triggered fresh concerns about a deeper fall soon. This is more concerning as the coin lags behind…

Coinbase seeking US SEC approval to offer blockchain-based stocks | REUTERS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase is seeking a green light from the US Securities and Exchange Commission to offer ‘tokenized equities’ to its customers, the crypto exchange’s chief legal officer said in an interview with Reuters. #News #Reuters #Newsfeed #coinbase #blockchain #securitiesandexchangecommission #cryptoexchange Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Best Presales Gain Momentum as Pakistan and El Salvador Forge Crypto Alliance

Pakistan and El Salvador have initiated a diplomatic alliance that puts crypto first. It’s the latest in a global shift to improving crypto regulation and adoption. Crypto is the ultimate winner here, and that includes the best crypto presales. On July 16, El Salvador’s President Nayib Bukele met with Bilal bin Saqib, Pakistan Crypto Council (PCC) CEO and Minister of State for Crypto and Blockchain. Among the topics discussed were Bitcoin mining and energy resources, strategic Bitcoin reserves, and $BTC education. Source: @Bilalbinsaqib The result, as reported by Business Recorder,…

$60M Investment For BNB Treasury Strategy

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Meta to Invest Hundreds of Billions in AI Superclusters

Meta CEO Mark Zuckerberg announced that the company is prepared to build several Titan-sized superclusters to expand its AI infrastructure. He reported that one of the upcoming clusters will have a footprint equivalent to that of Manhattan. Meta to Allocate ‘Hundreds of Billions’ to Grow AI Infrastructure As its rivals ramp up spending in the […] Source CryptoX Portal