Cardano ( ADA ) may soon take a major step toward cross-chain interoperability through a potential integration with NEAR Protocol’s Intents platform. On July 30, blockchain analyst Vini Barbosa flagged a newly created smart contract, ‘ cardano.omft.near ’, conducting ADA transactions with NEAR on the NEAR blockchain. The latest development hints that Cardano is in the early stages of testing support for NEAR Intents , a framework designed to streamline cross-chain asset swaps and user interactions across over 100 supported tokens. https://twitter.com/vinibarbosabr/status/1950546036465746104 Charles Hoskinson, Cardano’s founder, amplified the signal by sharing Barbosa’s post on X , saying he was ‘glad to be working with NEAR,’ adding weight to speculation that the collaboration is not just experimental but part of a broader integration effort. “NEAR Intents is an open-source tool to abstract the user and business experience while dealing with different cryptocurrencies. It’s a win-win scenario for everyone involved,” Barbosa told Finbold. The analyst added: “This can give a massive liquidity boost for ADA, which can reflect in its price if the demand picks up. There are already nearly a billion dollars transacted via Intents, and it’s just getting started.” What does this mean for Cardano holders If fully implemented, this integration would allow ADA holders to seamlessly swap their tokens for assets on NEAR-supported ecosystems without relying on centralized exchanges, a significant utility expansion for Cardano’s growing DeFi ambitions. Conversely, it would open Cardano’s ecosystem to NEAR users, increasing liquidity and interconnectedness between the chains. While these are early signs as Barbosa noted, ‘they are probably in the very early phases of implementation,’ the collaboration could mark a strategic move for Cardano, aligning with its goal of fostering cross-chain accessibility and adoption. The post Cardano could be the next implementation on NEAR Intents appeared first on Finbold .

Finbold 2025-07-31 17:18

The leading NFT collection, CryptoPunks, records a significant comeback as floor prices return to 2022 levels. Data from NFTPriceFloor shows the collectible soared above $208,000 today, marking the highest mark since mid-2022 in US dollar terms. It hovers at $206,850 after incredible recoveries in the past few sessions. Source -NFTPriceFloor Notably, the price jump follows notable user activity. CryptoPunks trading volume surged to $24.6 million last week. That represented a 416% weekly surge and the highest figure since March 2024. Sudden buyer interest resurgence and ETH’s latest rallies have contributed to the growth. Remember, CryptoPunks is the top Ether-based NFT collection, often used as a proxy for sentiments in the non-fungible tokens space. Moreover, NFTPriceFloor shows that most top collections demonstrated notable growth in the past three months. While CryptoPunks topped the charts with a 162% surge in US dollar terms, Pudgy Penguin climbed to the 2nd spot after a nearly 200% increase. Pudgy Penguins have seen increased demand lately, which has fueled its recent growth . Meanwhile, the current picture appears different in Ethereum terms. CryptoPunks trade at 53.84 ETH, exploring levels not seen since February last year. Source – NFTPriceFloor That shows that the Ethereum surge fueled CryptoPunk’s comeback. The second-largest cryptocurrency by value has seen remarkable growth from above $1,400 in early April 2025 to press time’s $3,850. Meanwhile, CryptoPunks’ record-high prices coincide with intensifying activity as trading volumes have exploded. CryptoPunk’s volume skyrockets The Block data shows that the CryptoPunks NFT collection’s trading volume surpassed $24.6 million last week. That marked a substantial 416% uptick from the past week and the highest seven-day trading volume since March 2024. Meanwhile, the average sale price increased to $182,000 from $140,000 within two weeks. GameSquare fueled the growth after spending $5.15 million to buy Punk #5577. It marked the first considerable corporate NFT purchase financed through equity. CryptoPunks remains the dominant Ethereum-based NFT collection, and ETH’s price trajectory could determine its performance in the upcoming sessions. Ethereum price outlook Ethereum has fueled the altcoin season narrative with its strength. It trades at $3,838 after recovering quickly from a Fed-triggered dip that plunged Bitcoin to $115K. Optimistic sentiments, as the community celebrated Ethereum’s 10th anniversary on July 30, sparked ETH’s upside bias. The token is targeting July highs of $3,941 after an over 50% monthly increase. Chart by CoinMarketCap Bulls will target the sought-after psychological mark at $4,000. Breaking this resistance could trigger uptrends to the November 2021 ATH of $4,890. That would translate to an approximately 27% rally from ETH’s current price. The top altcoin boasts robust momentum after consistent ETH inflows throughout July. The current structure suggests that Ethereum has all it takes to break past $4,000 and head to fresh all-time highs in the coming weeks and months. Sectors like NFTs boom during massive bull runs as investors explore risky niches with extra funds. The post CryptoPunks’ floor price hits 2022 highs as weekly volume soars 416% appeared first on Invezz

Invezz 2025-07-31 16:46

The Philippines has taken a major step toward digitising public finance oversight, becoming one of the first governments in Asia to begin notarising official documents on the blockchain. The Department of Budget and Management (DBM) has launched a transparency initiative using the Polygon blockchain to validate documents such as Special Allotment Release Orders (SAROs) and Notices of Cash Allocation (NCAs). The rollout, however, coincided with a temporary outage on Polygon’s Heimdall v2 mainnet, raising early questions about reliability even as the platform’s decentralised infrastructure continued producing blocks uninterrupted. Blockchain to support document validation in public finance Launched this week, the Philippine government’s blockchain validation system uses Polygon to inscribe hashes — alphanumeric strings generated from public budget documents — onto the blockchain. These hashes serve as immutable representations of the original documents, offering proof that they have not been tampered with or altered in any way. Users can verify SAROs or NCAs through a search interface or by scanning QR codes to check against blockchain-stored data in real time. According to a Thursday report by local crypto news outlet BitPinas, the system is built on the idea of transparency through immutability. The documents are generated by the DBM, while their representations are logged on-chain. Though the implementation details have not been fully disclosed, BitPinas reported that the system likely uses a hash-based model. By matching a document’s hash to the version stored on-chain, users can confirm its authenticity and origin. The system is intended to safeguard against fraud and promote accountability in public fund management. Partnership with Bayanichain powers budget transparency tool The initiative is being powered by Bayanichain, a local blockchain firm that specialises in Web3 applications. The platform enables public access to the blockchain ledger containing budget document hashes, effectively creating a tamper-proof validation service. According to BitPinas, the collaboration between DBM and Bayanichain aims to improve transparency and accountability in budget allocations using decentralised technology and automation. Undersecretary Maria Francesca Montes Del Rosario of the DBM announced the system’s launch in a Facebook post on Wednesday. At the official launch event, she said blockchain would help prevent document forgery and enhance the integrity of official records in the age of deepfakes and AI manipulation. The programme forms part of a broader initiative to modernise governance using satellite imaging, AI, and data-driven tools. Polygon suffered technical failure during launch While the government’s blockchain service went live on Wednesday, the Polygon network simultaneously suffered a temporary outage. The Heimdall v2 mainnet, which handles consensus for the Polygon proof-of-stake chain, experienced a bug that disrupted the network’s operation. Polygon’s team later described it as a “consensus bug” that affected front-end infrastructure and data reflection. Although the Bor layer continued producing blocks independently, several services were disrupted, including blockchain explorers, which failed to reflect ongoing network activity. The issue was resolved within three and a half hours, limiting broader impact. However, the timing cast a spotlight on the risks associated with relying on decentralised networks for government-grade infrastructure, even as the initiative proceeded uninterrupted with backend stability intact. The post Philippines to notarize government documents on Polygon blockchain despite recent outage appeared first on Invezz

Invezz 2025-07-31 14:59

Mysten Labs claims newer blockchains are ready for quantum computing, but older networks risk being left behind.

Decrypt 2025-07-31 02:29

The cryptocurrency market plunged on Wednesday amidst Fed policy jitters and Indonesia’s crypto tax updates . Telegram-based Toncoin was among the few tokens with gains in the past 24 hours. Toncoin exhibited an upbeat outlook following a crucial announcement. According to a 30 July press release, TON’s core DEX STON.fi has raised $9.5 million in a Series A funding led by CoinFund and Rabbit Capital. The massive bet signals growing investor trust in the TON ecosystem as it aims to democratize the DeFi world in the web3 era. Viktor 🧡 @s0meone_u_know · Follow BREAKING: StonFi has raised $9.5M in funding from Ribbit Capital and CoinFund, to scale DeFi on $TON 💎👀 12:46 PM · Jul 30, 2025 39 Reply Copy link Read 15 replies Also, the investment confirms STON.fi’s dedication to its roadmap and mission. According to the announcement: This funding marks a major milestone in STON.fi’s mission to build cross-chain solutions and robust on-chain liquidity infrastructure for users and developers, leveraging deep integrations with Telegram-native wallets and the broader TON ecosystem. This investment underscores the growing recognition of decentralized finance’s potential on TON and reflects deep confidence in STON.fi’s mission and performance. STON.fi has grown into a backbone of TON’s DeFi infrastructure since launching in late 2022. Its increasing dominance in user activity (over 27 million transactions) and trading volume (more than $6 billion) has attracted financial support from industry leaders. It also commands around 80% of all Toncoin traders, ranking 1st by active addresses on the TON network. That sets the stage for another era of growth, while reflecting investor confidence in the protocol. Support from investors like Rabbit Capital is more than funding a decentralized exchange. The move signals a bold bet on a network that is transforming DeFi. STON.fi Dev CEO Slavik Barano commented on the latest funding round, saying: It affirms STON.fi’s role as the foundational DeFi layer on TON and validates our relentless focus on building products that matter. This investment will accelerate our ability to scale, innovate, and deliver a truly borderless decentralized financial infrastructure. Lucrative plans for a brighter future The capital will fund various initiatives, including: Developing concentrated liquidity pools for enhanced capital efficiency. Giving users more control through a new community governance layer. Launching a limit order feature to enrich the trading experience. Fuel the upcoming liquidity aggregation platform (Omniston), which promises bridge-free, seamless swaps across various blockchains. These plans reflect STON.fi’s goal to make DeFi frictionless, more connected, and faster without bridges that are often prone to risks. Omniston aims to revolutionize decentralized finance through interoperability. Toncoin price outlook The native token soared from $3.2238 to $3.4841 on its daily chart as the announcement sparked bullish momentum. Toncoin trades at $3.44 after a slight dip from its intraday peak, with a 36% uptick in daily trading volume suggesting upward momentum. Chart by Coinmarketcap The altcoin remains poised for a lucrative long-term performance amid proactive DeFi developments. It will enjoy more utility as Telegram grows into a DeFi powerhouse. Meanwhile, the broad market outlook will possibly determine Toncoin’s direction in the coming hours. Continued bearish tendencies could limit the upside and catalyze price corrections. The post Toncoin gains 8% as STON.fi secures $9.5M to expand DeFi on TON appeared first on Invezz

Invezz 2025-07-30 13:26

Resolve, the blockchain platform known for its adaptive strategy and consistent return, is opening a new chapter, one that prioritises long-term growth and innovation. Starting tomorrow, July 31, the protocol will activate its fee switch, aiming to redirect 10% of daily protocol revenue to the Resolv Foundation treasury. According to the announcement, the move transforms Resolve from a pure yield product to a long-term, self-sustaining ecosystem. Resolv Labs @ResolvLabs · Follow Resolv is activating the fee switch — targeting 10% of daily protocol profits to the Foundation treasury.The rollout will be carried out from 31 July to 21 August, increasing weekly over four increments (2.5% → 5% → 7.5% → 10%). Watch on Twitter View replies 11:43 pm · 24 Jul 2025 170 Reply Copy link Read 29 replies While the shift targets long-term stability, the Resolv community remained split. Some anticipate short-term pains before benefits emerge. Remember, the fee switch will reduce direct user payouts. Nevertheless, the team confirmed they are not cutting yield. This isn’t a yield cut. It’s a transition from 100% user payouts to a shared growth model and RESOLV flywheel activation. The anticipated potential immediate impact has stirred negative sentiments, confirmed by RESOLV’s performance in the past day. The altcoin has lost more than 15% of its value as some users exit before the fee switch activation begins. Why does fee activation matter now? The protocol has delayed activating protocol fees, by design, waiting for three crucial pieces: Real traction, beyond theory: Resolve has matured with active integration, lucrative usage, and credibility among DeFi users. A decisive model for value distribution: to align rewards between the protocol, long-term contributors, and users. Proven performance: The protocol boasts more than twelve months of resilient yield without unnecessary risks. That has propelled Resolv’s growth and revenue structure. Now, it plans to share its earnings with stakers in an innovative, sustainable model. A phased rollout Rather than an overnight change, Resolv will launch the fee switch gradually within four weeks. It will redirect 2.5% of the daily returns to the protocol in the first week, then 5%, 75%, and 10% from week four. Nevertheless, the fees only apply when Resolv generates profits. No positive yield? No fees. The protocol fee applies only when a positive yield is generated. On days with zero or negative yield, no fees are collected. It’s a performance-based system – when the protocol earns, it shares. When it doesn’t, nothing is taken. RESOLV price outlook The alt trades at $0.1876 after dropping over 6% of its value in the past day. Chart by CoinMarketCap RESOLV remains poised for further declines after losing the key support zone at $0.21. Resolv’s performance reflects mixed sentiments among the community ahead of the fee activation. Some individuals have offloaded RESOLV as they wait to see how the new chapter takes shape. Nevertheless, the fee activation development positions the project for long-term stability. Thus, the altcoin will likely experience significant bounce-backs once the dust settles. Reclaiming $0.21 will open the path to the latest high near $0.235. Bullish actions here could send RESOLV prices to $0.25, an over 30% surge from current prices. The post RESOLV price dips 15% as fee switch activation divides the community appeared first on Invezz

Invezz 2025-07-30 12:23

Digital currencies remained range-bound on Wednesday, waiting for recovery catalysts. While most cryptocurrencies retain their bullish structures, new regulatory uncertainty weighs on Litecoin.LTC drops below $110 as SEC delays Grayscale Litecoin ETF decision again Notably, the United States Securities & Exchange Commission has declared another postponement in deciding on the Grayscale Litecoin Trust exchange-traded fund. The development has seen LTC prices dipping below $110 for the first time since July 25. Meanwhile, the latest update pushes the SEC’s decision deadline to October 10, 2025. Litecoin Foundation ⚡️ @LTCFoundation · Follow Looks like the SEC has announced another delay for @Grayscale ’s Litecoin ETF, setting a new deadline of Oct 10th, 2025 for the decision. sec.gov/files/rules/sr… 12:07 AM · Jul 30, 2025 175 Reply Copy link Read 21 replies Cryptocurrency enthusiasts and Grayscale expected an LTC ETF authorization by August. However, the recent notice extends the waiting game again. As the altcoin reacts to the news, analysts highlight that Litecoin should stabilize above $108 to gather strength for short-term recoveries toward $115 – $120. Grayscale’s Litecoin ETF application The digital assets manager first filed a proposal to list Grayscale Litecoin Trust shares on NYSE Arca early this year. The proposal underwent an amendment in February before officially entering the Federal Register. The SEC has reviewed it since then, as the community closely watched. The trust is crucial as it will offer traditional investors access to Litecoin without directly investing in the digital token. That will likely attract more institutional inflows and boost adoption, especially for individuals and firms looking to benefit from cryptocurrencies without the technical aspects. While the regulator has already authorized Bitcoin and Ethereum ETFs, Litecoin’s has been more uncertain and slower. SEC pushes the LTC ETF deadline again According to the July 29 filing, the regulator confirmed that it requires additional time to analyze the ETF proposal. Thus, it has extended the review window by another 60 days, from the initial August 11 deadline to October 10. While the delay is not a surprise for those familiar with how the regulator has handled cryptocurrency ETFs. For instance, the SEC authorized , then declined Bitwise’s crypto ETF conversion, indicating its skepticism about approving these financial products. Meanwhile, the recent delay adds a layer of frustration for participants already tired of the slow regulatory advancement. An ETF approval matters to the Litecoin community. Besides boosting prices, an exchange-traded fund could enrich LTC’s mainstream presence, enhance liquidity and trading volume. Most importantly, it would attract institutions looking for legitimate crypto exposure. LTC price outlook The token trades at $108 after hitting the $107 intraday low. The declining daily trading volumes signal bearish sentiments. Also, the MACD’s bearish crossover on the 3H timeframe signals weakening momentum in the near term. Nonetheless, LTC trades at a crucial region. The charts display an optimistic picture, and analyst Ali Martinez trusts Litecoin could gather upside momentum and rally to $115 if it holds above $108. Ali @ali_charts · Follow If Litecoin $LTC holds above $108, it could gather momentum for a rebound to $115 or even $120! 8:26 PM · Jul 29, 2025 94 Reply Copy link Read 26 replies Overcoming the resistance at $116 would support upside continuation to $120. Meanwhile, broad market direction remains vital in determining Litecoin’s near-term trajectory. The post LTC drops below $110 as SEC delays Grayscale Litecoin ETF decision again appeared first on Invezz

Invezz 2025-07-30 11:33

Here’s our review of ‘Copilot Mode,’ an experimental revamp to Microsoft’s Edge browser that makes it even more AI centric.

Decrypt 2025-07-30 04:07

BitcoinWorld Revolutionary Stablecoin Financial Services: Danal and Hancom With Forge Powerful Alliance The global financial landscape is undergoing a profound transformation, with digital currencies like stablecoins emerging as pivotal players. In a significant move set to redefine how we interact with digital assets, South Korean powerhouses Danal and Hancom With have embarked on an ambitious journey to launch groundbreaking stablecoin financial services . This partnership signals a major leap forward, promising enhanced accessibility and efficiency in the digital economy, especially for international communities. Understanding Stablecoin Financial Services: What Makes Them Crucial? Before diving into this exciting collaboration, it’s crucial to understand what stablecoin financial services are and their growing importance. Stablecoins are cryptocurrencies designed for minimal price volatility, typically pegged to stable assets like the US dollar. This stability makes them ideal for daily transactions and financial applications, unlike the volatile nature of traditional cryptocurrencies. Stablecoin financial services encompass a wide range of offerings built around these stable digital assets, bridging traditional finance with decentralized capabilities. These include: Payment Processing: Fast, cheap transactions for individuals and businesses. Remittances: Lower-fee, quicker cross-border money transfers. Lending & Borrowing: Stable interest rates for digital asset loans. Value Storage: A reliable alternative to volatile crypto assets. Stablecoins combine blockchain’s speed and transparency with traditional currency reliability, making them vital for DeFi and broader financial adoption. The Danal-Hancom With Alliance: A Game-Changer for Stablecoin Financial Services The Asia Business Daily reported a significant alliance between South Korean payments giant Danal and Hancom With, the blockchain arm of Hancom Group. This partnership is a concerted effort to pioneer new frontiers in stablecoin financial services . Danal brings extensive experience in payment processing and consumer behavior, providing a robust foundation. Hancom With contributes cutting-edge blockchain expertise, essential for developing secure and scalable stablecoin solutions. This synergy of payment infrastructure and blockchain innovation is poised to propel stablecoin adoption. The alliance aims to develop electronic financial services based on stablecoins, initially targeting foreign residents in South Korea. This strategic focus demonstrates a clear understanding of market needs and a practical pathway to wider adoption. Unpacking the Kiosk-Style Stablecoin Financial Services for Foreign Residents A key innovation from this collaboration is the plan for "kiosk-style" stablecoin financial services . These easily accessible terminals, similar to ATMs, will allow foreign residents to manage stablecoin transactions. This approach offers several compelling advantages: Enhanced Accessibility: Kiosks provide a physical touchpoint, making digital financial services tangible and less intimidating. Simplified Transactions: Facilitating services like fiat-to-stablecoin conversion, remittances, or payments via a user-friendly interface. Addressing Specific Needs: Alleviating challenges foreign residents face with traditional banking, such as language barriers, complex documentation, and high transfer fees, offering a streamlined, cost-effective alternative. Building Trust: A physical presence can foster confidence in new digital financial services. This localized strategy could serve as a successful pilot, demonstrating stablecoins’ practical utility before broader rollout. Global Ambitions: How Will This Partnership Expand Stablecoin Financial Services? While initially focused on South Korea’s foreign resident community, Danal and Hancom With have clear ambitions to expand into overseas markets. This global vision underscores the universal applicability of stablecoin financial services . Their expansion strategy will integrate advanced AI and security technologies, crucial for ensuring the safety, efficiency, and regulatory compliance of international financial operations. AI integration could lead to personalized services, fraud detection, and automated support, enhancing user experience. Robust security is paramount for protecting assets and data in the sensitive financial sector. By leveraging these technologies, the partnership aims to build a secure, intelligent ecosystem for global stablecoin transactions, potentially setting new standards for digital financial services across borders. Navigating the Landscape: Potential Benefits and Challenges for Stablecoin Financial Services The advent of advanced stablecoin financial services from the Danal-Hancom With partnership offers significant benefits alongside notable challenges. Key Benefits: Increased Financial Inclusion: Simplifying digital finance access for underserved populations. Reduced Transaction Costs: Lower fees for blockchain-based transactions, especially remittances. Faster Settlements: Transactions can settle in minutes, unlike traditional banking. Innovation in Fintech: Pushing boundaries in digital payments and services. Enhanced Transparency: Blockchain’s transparency provides clarity on transaction flows. Potential Challenges: Regulatory Uncertainty: Navigating evolving global stablecoin regulations will be complex. User Adoption & Education: Widespread adoption requires educating users on secure service usage. Technological Scalability: Ensuring infrastructure handles high transaction volumes as services grow. Security Risks: Continuous vigilance against cyber threats despite integrated security. Competition: The stablecoin market is increasingly competitive. Addressing these challenges proactively is vital for the venture’s long-term success. A New Era for Digital Finance The collaboration between Danal and Hancom With marks a pivotal moment for the evolution of stablecoin financial services . By combining Danal’s payment expertise with Hancom With’s blockchain prowess, and by strategically targeting foreign residents with user-friendly kiosk services, they are laying the groundwork for a more accessible, efficient, and secure digital financial ecosystem. Their vision to integrate AI and security for global expansion further cements their position as innovators poised to shape the future of finance. While challenges like regulation and adoption persist, the potential benefits for consumers and the broader economy are immense. This initiative could well serve as a blueprint for how stablecoins can seamlessly integrate into our daily financial lives, truly unlocking the promise of digital currency. Frequently Asked Questions (FAQs) Q1: What exactly are stablecoins? A1: Stablecoins are a type of cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency like the US dollar or a commodity like gold. This stability makes them suitable for transactions and as a store of value, unlike more volatile cryptocurrencies. Q2: Who are Danal and Hancom With? A2: Danal is a major South Korean payments company, known for its extensive payment gateway services. Hancom With is the blockchain division of Hancom Group, a prominent South Korean software firm, focusing on developing blockchain-based solutions. Q3: What are ‘kiosk-style’ stablecoin financial services? A3: These are physical terminals, similar to ATMs, that will allow users, particularly foreign residents in South Korea, to access stablecoin-based financial services. This could include converting fiat to stablecoins, sending remittances, or making payments in a convenient and accessible manner. Q4: How will this partnership benefit foreign residents in South Korea? A4: Foreign residents often face hurdles with traditional banking, such as high fees for international transfers and complex processes. Kiosk-style stablecoin financial services aim to provide a more accessible, cost-effective, and user-friendly alternative for their financial needs, including remittances and daily transactions. Q5: What are the future plans for this Danal-Hancom With partnership? A5: Beyond the initial launch in South Korea, Danal and Hancom With plan to expand their stablecoin financial services into overseas markets. They intend to integrate advanced AI and security technologies to support this global expansion, ensuring robust and intelligent financial operations. Q6: Are there any significant risks associated with stablecoin financial services? A6: Like any emerging financial technology, risks include regulatory uncertainty across different jurisdictions, the need for widespread user adoption and education, potential technological scalability issues, and ongoing cybersecurity threats that require continuous vigilance and robust security measures. Share This Insight! Found this article insightful? Share it with your network and help spread the word about the exciting advancements in stablecoin financial services ! Your shares help us bring more valuable content to you. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Revolutionary Stablecoin Financial Services: Danal and Hancom With Forge Powerful Alliance first appeared on BitcoinWorld and is written by Editorial Team

Bitcoin World 2025-07-30 03:40

The Nym token has jumped considerably in the past day as UK VPN demand spikes 6,000% amid a new age verification law.

Decrypt 2025-07-30 02:29

eToro, a leading trading and investing platform, has announced its plans to enter the tokenized stocks market with the launch of tokenized US equities on Ethereum. The announcement, made during the company’s global webinar “eToro Unlocked: Trade without Boundaries” on July 29, 2025, comes as eToro bids to join a growing trend across the stocks and cryptocurrency markets. Other major platforms across the industry have also unveiled similar plans, with many pointing to the improving regulatory landscape. eToro announces foray into tokenized US stocks market eToro, a NASDAQ-listed company with a presence across more than 75 countries and boasting of over 40 million users, is eyeing the new tokenized stocks market. The company is taking steps to expand its product suite with the new offering of tokenized US equities, which it will roll out via the Ethereum blockchain. It’s a move that builds on eToro’s vision to democratize finance via blockchain technology. Indeed, eToro co-founder and CEO Yoni Assia says the quest for tokenization goes back to the platform’s launch and then acquisition of Danish token startup Firmo. Having tapped into Firmo’s acquisition in 2019 to add tokenized gold (GOLDX) and silver (SLVX), the next step is tokenized equities. “We’ve been long-term believers in a tokenized future. Blockchain technology will facilitate the greatest ever transfer of wealth, as traditional assets are tokenized and moved onto the blockchain,” eToro CEO Yoni Assia said. Ethereum will allow the platform to offer trading of US-listed stocks, accessible as ERC20 tokens on the platform. The goal, eToro said, is to enable seamless integration into the decentralized finance (DeFi) ecosystem. 24/5 trading and futures The offering of tokenized US stocks is part of eToro’s unveiling of new products – namely, 24/5 trading and futures. In addition to tokenized equities, eToro will therefore offer an initial 100 stocks of US-listed companies. The offer also includes exchange-traded funds (ETFs), with 24/5 support allowing investors to trade outside regular market hours. “We want to offer our global user base the flexibility to trade on their time-frame. 24/5 trading whether through US equities or spot-quoted futures empowers users to trade in real-time in response to market events or simply when it’s convenient to them. We will continue to expand this offering to put our users in control of when they trade,” said Yoni Assia. According to Assia, the growth of the tokenized stocks market, as well as other blockchain related developments, are a result of the evolving regulatory environment across the globe. Key developments include the Markets in Crypto-Assets (MiCA) regulation in Europe and the GENIUS Act recently signed into law in the United States. Kraken, Coinbase, and Robinhood are among the platforms to roll out tokenized stocks . The post eToro to launch tokenized US equities on Ethereum appeared first on Invezz

Invezz 2025-07-29 20:29

BitcoinWorld Unlocking the Future: Spotify AI’s Bold Leap into Conversational Experiences The digital landscape is constantly evolving, with artificial intelligence at its forefront. For those tracking the pulse of innovation, particularly in the realm of cryptocurrencies and decentralized technologies, the advancements in AI are equally compelling. Recently, Spotify, a titan in the streaming world, offered a glimpse into its ambitious future, hinting at a more deeply integrated and conversational Spotify AI interface. This evolution signifies a significant shift in how users will interact with their favorite audio content, moving beyond simple commands to rich, dynamic dialogues. The Evolution of Spotify AI : From DJ to Conversational Genius Spotify has long been a pioneer in leveraging data to personalize user experiences, from curated playlists to its popular AI DJ. This AI DJ, which introduces tunes and takes requests, was an early step towards a more interactive audio experience. However, recent insights from Spotify’s second-quarter earnings call reveal a much grander vision. Gustav Söderström, Spotify’s Chief Product and Technology Officer, highlighted how generative AI advances are paving the way for an even more conversational interface. Imagine not just requesting a song, but discussing your mood, exploring new genres, or even getting recommendations based on a nuanced understanding of your preferences and past interactions. This isn’t just about playing music; it’s about a dynamic, responsive audio companion. Harnessing Generative AI for Deeper Interactions The core of this anticipated transformation lies in the power of generative AI . Söderström explained that Spotify is already collecting a “new dataset” from users interacting with its voice interface. When users talk to Spotify in plain English to request music, the company learns to associate phrases with specific songs and moods. This is a profound shift from their traditional dataset, which primarily focused on “song-to-song” relationships, similar to Amazon’s “people who bought this also bought that” model. This new conversational data is proving to be incredibly valuable, offering insights into user intent and preferences that were previously inaccessible. The ability of generative AI to understand and generate human-like text allows Spotify to move beyond simple keyword matching to genuinely interpret and respond to complex user queries, making interactions feel more natural and intuitive. Unveiling the Power of Conversational AI and Data The implications of this new data are vast. As Söderström noted, Spotify’s consumer experiences are set to become “much more interactive.” Users can already “write to Spotify, talk to Spotify,” and this capability is only going to expand. This focus on conversational AI is not merely about convenience; it’s about unlocking a deeper level of personalization. Instead of just predicting what someone might want to listen to—be it music, podcasts, or audiobooks—AI technology would enable Spotify to “reason” over a user’s listening history and their interactions with the AI DJ. This “reasoning” capability suggests Spotify is looking towards advanced AI models that can perform multi-step, complex tasks, understanding context and nuances in a way that goes far beyond current recommendation engines. This could lead to an AI that truly understands your evolving taste, anticipates your needs, and even introduces you to content you didn’t know you needed. Beyond Music: How AI Technology is Reshaping Spotify’s Core The application of AI technology at Spotify extends beyond just consumer-facing features. During the earnings call, executives also revealed that generative AI is being leveraged internally. This includes rapidly prototyping new products and creating efficiencies across various business areas, such as finance. This dual approach—enhancing both external user experience and internal operational efficiency—underscores the comprehensive impact of AI on the company. While the immediate focus for users will be on the enhanced conversational interface, these internal advancements ensure that Spotify can innovate faster, reduce costs, and maintain its competitive edge in a rapidly evolving digital market. This holistic integration of AI positions Spotify not just as a music streaming service, but as a leading technology company harnessing advanced capabilities for strategic growth. The Strategic Advantage of Data-driven AI The collection and utilization of this “unique data set” is a strategic goldmine for Spotify. By understanding user intent through natural language, the company gains an unparalleled advantage in refining its recommendation algorithms and personalizing content delivery. This emphasis on data-driven AI allows Spotify to build a more robust and responsive ecosystem. While the company recently reported hitting 276 million paying users (up 12% year-over-year) and 696 million monthly active users, it did swing to a loss, missing revenue targets. CEO Daniel Ek also expressed dissatisfaction with the ads business, leading to a 10% stock drop. However, the strategic investment in AI, particularly in leveraging new data streams, signals a long-term vision for growth and enhanced user engagement that could ultimately offset current financial headwinds. The ability to collect and process this conversational data at scale will be crucial for Spotify’s future differentiation. What Does This Mean for the Future of Digital Interaction? Spotify’s embrace of advanced AI, particularly its move towards more conversational and reasoning-capable interfaces, mirrors a broader trend across the tech industry. For those interested in the future of digital assets and decentralized applications, these developments highlight the increasing sophistication of AI models and their potential to transform user experiences across all platforms. As AI becomes more adept at understanding and generating human language, the possibilities for intuitive, natural interactions expand exponentially. This could influence everything from how we manage our digital wallets to how we interact with Web3 applications, making complex technologies more accessible to a wider audience. Key Takeaways from Spotify’s AI Vision: Enhanced Personalization: Moving beyond simple predictions to nuanced, reasoning-based recommendations. New Data Insights: Voice interactions provide a unique dataset on user intent and preferences. Conversational Interface: Expect more natural, human-like dialogues with the Spotify platform. Internal Efficiencies: AI is streamlining product development and operations. Long-term Strategy: AI investment is key to future growth, despite short-term financial challenges. The journey towards a truly conversational AI interface is complex, requiring significant investment in research, development, and data infrastructure. However, Spotify’s commitment signals a bold step forward in redefining how we interact with digital services. This evolution is not just about listening to music; it’s about experiencing content in a deeply personal and interactive way, setting a new standard for the future of digital engagement. To learn more about the latest AI market trends, explore our article on key developments shaping AI models and their features. This post Unlocking the Future: Spotify AI’s Bold Leap into Conversational Experiences first appeared on BitcoinWorld and is written by Editorial Team

Bitcoin World 2025-07-29 20:15