STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
4 minutes ago
OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has erased all the gains realized at the beginning of the month. Interestingly, the current Cardano price structure suggests the altcoin may be at risk of further downside in the coming months if it closes below a significant support level in May.
ADA Price Could Fall 78% If This Support Is Broken In a May 30th post on the X platform, crypto analyst Ali Martinez revealed that the Cardano price has been hovering around a make-or-break level over the past couple of weeks. Looking at the highlighted monthly chart, the altcoin is at risk of closing the month of May below a major historical support level.
As shown in the chart below, the Cardano price has been trending within a multi-year channel formation since 2021. After reaching the upper boundary of the channel at $1.195 in early 2025, the cryptocurrency’s price has been in a steady decline, losing a significant support level around $0.544 last November.
Source: @alicharts on X Now, as Martinez identified, the next definitive floor in sight for the Cardano price is around $0.247, which has acted as major support in the past. In fact, this support level kick-started the last rally that saw the price of ADA reach $1.195.
However, the Cardano price has drifted beneath this support level over the past few days, falling to as low as $0.232. With the end of May rapidly approaching, it would be interesting to see whether the ADA candlestick eventually closes below the $0.247 floor over the next day.
Martinez wrote in the X post:
As the monthly close approaches, maintaining a position below $0.247 alters the immediate market structure, suggesting a deeper valuation phase is underway.
According to the crypto analyst, if the Cardano price sustains its close beneath this historical support level, the next “high-conviction macro targets for long-term accumulation” lie around $0.113 and $0.051. Essentially, investors could see the price drop by nearly 78% (from the current price point) if ADA remains below $0.247.
However, it is worth noting that the altcoin could bounce back to around $0.544 if this major channel support holds and demand returns to the crypto market.
Cardano Price At A Glance As of this writing, the price of ADA stands at around $0.237, reflecting an over 2% jump in the past 24 hours.
The price of ADA on the daily timeframe | Source: ADAUSDT chart on TradingView Featured image from Solodev, chart from TradingView
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
4 minutes ago
OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
Microsoft just gave its AI agents a memory upgrade. At its Build 2026 conference on June 2 in San Francisco, the company introduced Microsoft IQ, a new intelligence layer designed to give enterprise AI agents deep access to company data, business processes, and live web information.
The platform bundles four distinct context engines, a new agent hosting service, and fresh AI models under one roof. It is now generally available for GitHub Copilot, Microsoft Foundry, and Copilot Studio.
Four flavors of intelligence Microsoft IQ is not a single product so much as a stack of interconnected data layers, each feeding AI agents a different type of context.
Work IQ pulls signals from Microsoft 365, the productivity suite that already lives inside most large organizations. Calendar patterns, document activity, communication flows: all of it becomes grist for agent reasoning. The Work IQ APIs are expected to launch on June 16, 2026.
Fabric IQ connects agents to structured business data through OneLake, Microsoft’s unified data lake. Instead of an AI agent guessing about quarterly revenue trends, it can query the actual numbers sitting in your analytics infrastructure.
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Foundry IQ handles knowledge retrieval across enterprise sources, pulling relevant information from documents, knowledge bases, and internal repositories.
Web IQ is a model-agnostic web passage retrieval API that delivers grounding data from the open internet at roughly 2.5 times faster than Microsoft’s previous technology. Model-agnostic means it is not tied to any single AI model, so developers can plug it into whatever reasoning engine they prefer.
Microsoft is calling the problem it aims to solve the “context gap,” and IQ is its attempt to close it with a unified set of signals that let agents reason, coordinate, and act without requiring bespoke integrations for every data source.
Hosted agents and new AI models Alongside IQ, Microsoft introduced the Foundry Agent Service, which lets developers deploy hosted, long-running stateful agents. Most AI interactions today are stateless: you send a prompt, you get a response, and the system forgets the conversation ever happened. Stateful agents, by contrast, maintain context across sessions and can execute multi-step tasks over extended periods.
The Foundry Agent Service also includes advanced tracing and optimization features. Tracing is the ability to audit what an agent did and why, a requirement for enterprises that need to explain AI decisions to regulators, compliance teams, or executives.
On the model side, Microsoft previewed its MAI AI models, including a new reasoning model called MAI-Thinking-1.
The agent-first enterprise Build 2026’s overarching theme was what Microsoft is calling an “agent-first” approach to AI deployment. Security and governance received heavy emphasis throughout the announcements, with Microsoft building governance into the platform layer rather than adding it later.
What this means for investors The Web IQ component is particularly notable. A fast, model-agnostic retrieval API that any AI model can use to ground its responses in real-time web data could become foundational infrastructure for the agent economy.
None of these announcements included any crypto or token components. Microsoft is making a deliberate bet that enterprise AI adoption will be driven by traditional software infrastructure, not decentralized protocols.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Margin and Loan will delist and cease trading on all margin trading pairs for the following token(s) at 2026-06-12 03:00 (UTC): XNO (Nano)IQ (IQ)QUICK (QuickSwap)DGB (DigiByte) Please note: The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Loan At 2026-06-12 03:00 (UTC) Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). VIP Loan will close all outstanding loan positions for the aforementioned token(s) as collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-06-12 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their margin accounts, less any collateral already available.At 2026-06-09 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining tokens in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred. Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant futures announcements.Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-06-08
PANews reported on June 8th that Binance will remove XNO, IQ, QUICK, and DGB from its lending and staking lending services starting at 11:00 AM on June 12th. Outstanding orders using these tokens as collateral will be automatically liquidated and liquidated. From 6:00 PM on the same day, cross-margin and isolated-margin leveraged trading pairs will be delisted. During this period, users will be unable to update their positions or transfer the relevant tokens, and the leveraged assets in their unified accounts will be forcibly liquidated and converted to USDT. Binance advises users to proactively close their positions, transfer back to spot, and replenish their margin before the scheduled delisting time to mitigate the risk of passive liquidation.
@Krwqcash, the Korean Won-pegged stablecoin developed by @IQ_wiki and @FraxFinance, has officially integrated @Chainlink Proof of Reserve (PoR) to provide automated, real-time verification of its off-chain fiat reserves. The move positions $KRWQ as the first Korean Won stablecoin to adopt this standard at scale, raising the bar for transparency in South Korea's emerging digital currency corridor.
What the Integration Does Chainlink Proof of Reserve connects off-chain reserve data to on-chain systems by fetching information from custodians, verifying it through a decentralized oracle network, and automatically updating smart contracts whenever reserve balances change. For $KRWQ, the integration uses Chainlink Data Streams to deliver continuous 1:1 confirmation that every token in circulation is matched by an equivalent Korean Won held in reserve. Manual attestations and delayed audits no longer meet institutional standards for transparency or timeliness, and Chainlink Proof of Reserve addresses this by providing automated, on-chain verification of a stablecoin's underlying collateral in near real time.
Reserve checks are integrated directly into the token's mint logic, ensuring only collateralized assets enter circulation, while verified reserve data is published on-chain so users and partners can confirm the asset is fully backed in real time. The system also allows protocols to trigger circuit breakers, cap redemptions, or pause minting when reserve thresholds are not met.
Background on KRWQ IQ and Frax announced the launch of $KRWQ as the first fiat-backed stablecoin pegged 1:1 to the South Korean Won, launching on Base, Coinbase's Ethereum Layer 2 network, with IQ describing the move as filling a gap where no won-denominated stablecoin had previously launched at scale. $KRWQ is built on Frax's stablecoin infrastructure, which includes backing from BlackRock's BUIDL fund and Superstate's USTB fund.
The stablecoin provides 24/7 on-chain KRW settlement for remittances, B2B trade, and institutional use, reducing dependence on USD stablecoins and improving cross-border efficiency. $KRWQ operates using LayerZero's Omnichain Fungible Token standard and Stargate bridge, enabling transfers across multiple blockchains with zero slippage.
IQ has stated that KRWQ is designed to be the first fully regulatory-compliant stablecoin in Korea, developed in anticipation of forthcoming stablecoin legislation currently under review in the Korean National Assembly. The Chainlink PoR integration strengthens that compliance positioning by replacing periodic manual audits with continuous, verifiable on-chain proof, setting a new reliability standard for the South Korean digital finance corridor and its broader DeFi distribution.
Sources:
CoinSpeaker: IQ and Frax Launch KRWQ, First Korean Won Stablecoin on Base Network
Chainlink Blog: 5 Ways Chainlink Supercharges Growth for Stablecoin Issuers
The Block: KRWQ Launches as First Korean Won Stablecoin on Base
KRWQ partners with Chainlink to launch automated reserve verification for its Korean Won stablecoin.
PANews reported on June 16 that the South Korean won stablecoin KRWQ announced the integration of Chainlink's Proof of Reserve and Data Stream for automated verification of its offline reserves, improving transparency and compliance preparedness. KRWQ is currently the largest South Korean won stablecoin, issued in partnership with IQ and Frax, pegged 1:1 to the South Korean won, and supports use on chains such as Solana.
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TLDR: KRWQ became the first Korean won stablecoin to adopt automated reserve verification via Chainlink PoR. Chainlink Data Streams now provide real-time visibility into KRWQ’s off-chain reserve backing. The integration targets stronger compliance standards for institutional DeFi participation. KRWQ says transparent reserve monitoring can support wider on-chain liquidity growth. KRWQ has integrated Chainlink Proof of Reserve, becoming the first Korean won-backed stablecoin to use automated reserve verification through Chainlink infrastructure.
The move adds real-time transparency to the reserves supporting the stablecoin and marks another step toward broader participation in decentralized finance. Moreover, the integration aims to support compliance and risk management requirements as the on-chain Korean won market expands.
KRWQ, developed by IQ and Frax, announced the adoption of Chainlink Proof of Reserve to verify the reserves backing its Korean won stablecoin. The project described the integration as a way to provide automated checks on off-chain assets.
According to the announcement, KRWQ now uses a dedicated Chainlink Data Stream to deliver reserve information. The system allows users and applications to monitor whether circulating tokens remain backed by corresponding fiat reserves.
Chainlink stated on social media that KRWQ is the first fully backed Korean won stablecoin to implement its reserve verification technology. The company said the integration improves transparency while supporting regulatory readiness.
The reserve verification process focuses on maintaining visibility into off-chain holdings. Stablecoin issuers increasingly use such tools as regulators and institutions place greater attention on proof of backing.
KRWQ also highlighted its position within the on-chain Korean won foreign exchange market. The project said stronger reserve transparency could support wider use across decentralized finance applications.
Chainlink Infrastructure Targets DeFi Expansion and Compliance The integration arrives as stablecoin projects face increasing scrutiny over reserve management. Transparent verification systems have become a key requirement for many institutional participants entering digital asset markets.
According to information released by KRWQ, reliable reserve monitoring plays a central role in liquidity growth across decentralized finance. The project noted that risk management infrastructure remains important for attracting broader market participation.
Chainlink’s network provides external data services for blockchain applications. Its Proof of Reserve product allows projects to publish reserve information through automated oracle infrastructure rather than relying solely on periodic disclosures.
Chainlink Chief Business Officer Johann Eid said reserve transparency remains critical for stablecoin adoption across on-chain finance. He noted that verifiable backing helps demonstrate the connection between digital assets and real-world reserves.
KRWQ Chief Operating Officer Dave Shin stated that the integration provides developers and users with tamper-resistant reserve verification. He added that transparent backing standards support wider use cases across decentralized finance ecosystems.
The announcement identifies KRWQ as the largest Korean won stablecoin on the Solana network. With automated reserve verification now active, the project is positioning its infrastructure for deeper integration across decentralized finance platforms and institutional-focused digital asset services.
PANews reported on August 21st that Coinbase Assets has added AWE Network (AWE), Dolomite (DOLO), Flock (FLOCK), Solayer (LAYER), and SPX6900 (SPX) to its asset listing roadmap. The official contract addresses for each asset on the Base, Ethereum, and Solana networks were also announced. The platform stated that the launch of trading for these assets is subject to market support and technical requirements, and the specific launch date will be announced separately.
The crypto market is in turmoil as aggressive selling continues across the board, triggering liquidations and leaving investors counting losses. Bitcoin (BTC) tumbled below the $70,000 mark on Thursday, after erasing the post United States (US) election surge.
In stark contrast to the extensive sell-off, some Artificial Intelligence (AI) crypto tokens, including AWE Network (AWE) and OlaXBT (AIO), are defying headwinds and extending their uptrends.
Crypto liquidations hit $1 billionBitcoin’s slump below $70,000 has dragged the majority of crypto assets down with it, as leveraged positions are liquidated, exceeding $1 billion over 24 hours.
Long position traders bore the biggest brunt of the correction, with approximately $896 million wiped out. Short position holders, on the other hand, lost nearly $166 million in the same period 24-hour period.
Crypto liquidations | Source: CoinGlassAWE Network tests breakout strengthAWE Network is largely in bullish hands, trading above $0.066 while the 200-day Exponential Moving Average (EMA) at $0.060, the 100-day EMA at $0.059 and the 50-day EMA at $0.056 reinforce a short-term bullish outlook.
The AI token also holds above a descending trendline, poised to serve as support if profit-taking and broader market sentiment cap the upside, leading to a correction.
Meanwhile, the Relative Strength Index (RSI) at 72 on the daily chart supports the bullish thesis. A further increase in the RSI would accelerate the price by 15% to the next resistance at $0.077.
The Moving Average Convergence Divergence (MACD) indicator remains above its signal line on the same chart, as the red histogram bars expand, prompting investors to increase their risk exposure.
Closing below the immediate hurdle at $0.067 could lead to instability amid aggressive profit-taking. A correction from this level is likely to test the 200-day EMA support at $0.060.
AWE/USDT daily chartOlaXBT also edges up, trading above $0.16 at the time of writing on Thursday, reflecting increased interest from traders seeking opportunities in newly launched AI tokens. AIO holds well above the 50-day EMA, providing support at $0.14 and the 100-day EMA at $0.13. The accelerated trendline (dotted) is poised to absorb selling pressure if the trend reverses, while the slow trendline is positioned below the 100-day EMA.
AIO/USDT daily chartThe RSI is at 56 as it rises on the daily chart, indicating that bullish momentum is building. A continued uptrend would bring AIO to the next resistance level at $0.18.
Still, traders should be cautious and temper their expectations given that the MACD indicator remains below its signal line on the same chart. If the price trims intraday gains, the AI token may drop to test support provided by the 50-day EMA at $0.14.
Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
Gold-backed crypto sounds straightforward until you check the redemption rules, custody setup, and issuer terms. In practice, two tokens may track the same ounce of gold while offering very different rights to the holder.
That gap between price exposure and holder rights is drawing more attention in 2026 as tokenized gold trading volume rises and products like Pax Gold (PAXG) and Tether Gold (XAUT) pull in more activity across crypto markets. This guide explains how tokenized gold works, how PAXG and XAUT differ, and what buyers should check before they treat a token like physical bullion.
KEY TAKEAWAYS
➤ Tokenized gold tracks physical bullion, but holder rights, redemption terms, and custody structures can differ sharply between issuers.
➤ Tokenized gold trading volume reached $90.7 billion in Q1 2026, with PAXG and XAUT leading the category’s growth.
➤ Issuer risk, redemption limits, wallet controls, and regional regulations still affect how tokenized gold works in practice.
➤Tokenized gold gives crypto users 24/7 transferability and wallet access, but it does not remove traditional gold-market risks.
In this guide:
What is tokenized gold? How gold-backed crypto works in 2026PAXG vs. XAUT, side by sideDo you own real gold with PAXG and XAUT?Can you redeem PAXG and XAUT for physical gold?Tokenized gold vs. gold ETFs vs physical bullionTokenized gold risks and how to mitigate themHow to buy tokenized gold in 2026Frequently Asked Questions What is tokenized gold? How gold-backed crypto works in 2026 Tokenized gold is a digital token issued on a blockchain that is backed by physical gold stored in audited vaults. Gold has long attracted buyers who want a hard asset outside fiat currencies, but physical settlement, storage, and transfers can be slow or expensive.
This “tokenized” model has brought two markets together that rarely interacted in the past. One is physical gold, which offers a 5,000-year store-of-value record but settles slowly, trades on dealer hours, and is hard to fractionalize. The other is public blockchains, which can settle transactions in seconds, run 24/7, and split assets into tiny units.
A gold-backed token bridges the two by locking real bullion with a custodian and minting transferable claims on it.
What is a troy ounce and London Good Delivery gold?
A troy ounce is the standard unit used in global precious-metals markets and equals about 31.1 grams. “London Good Delivery” refers to large gold bars that meet quality and purity standards accepted by major bullion markets, central banks, and institutional traders.
How tokenization works An issuer such as Paxos or TG Commodities acquires physical gold from refiners or bullion dealers and stores it with a professional custodian. The issuer then creates a matching amount of blockchain-based tokens tied to that gold reserve. Token holders can buy, sell, transfer, or self-custody the assets like other crypto tokens.
When holders redeem tokens through the issuer, the corresponding amount of gold leaves the reserve pool and may be sold, transferred, or delivered physically if redemption minimums are met. Independent attestors or audit firms publish reserve reports on a scheduled basis to verify that the token supply matches the underlying gold holdings.
Why tokenized gold is exploding in 2026 Adoption has accelerated through 2025 and into 2026 as real-world asset (RWA) tokenization moved from pilots to live products. Tokenized gold achieved $90.70 billion in total spot trading volume in Q1 2026, surpassing the $84.64 billion traded throughout 2025, according to CoinGecko’s RWA Report 2026.
Meanwhile, on March 19, 2026, the World Gold Council and Boston Consulting Group proposed a “Gold as a Service” framework designed to standardize custody, reconciliation, compliance, and redemption processes across digital gold products.
Tokenized gold is not a stablecoin. Its price moves with the spot price of gold, so holders gain or lose value as bullion rallies or falls. The “stability” only refers to the 1:1 backing, not a fixed dollar peg.
The combination of rising gold prices, clearer rules in some jurisdictions, and on-chain demand for non-dollar collateral has produced what looks like a structural rather than cyclical lift.
The tokenized gold market includes smaller products such as Kinesis Gold (KAU), Comtech Gold (CGO), VeraOne (VRO), and Matrixdock Gold (XAUM). Even so, market activity and liquidity remain concentrated around Pax Gold (PAXG) and Tether Gold (XAUT), which makes them useful reference points for how large-scale gold-backed tokens currently operate.
Top tokenized gold products by market cap: CoinGecko PAXG vs. XAUT, side by side Pax Gold (PAXG) and Tether Gold (XAUT) together hold roughly nine-tenths of the gold-backed token market. They follow the same backing standard, but their regulator, chain support, audit cadence, redemption process, and US availability are not the same.
AttributePAXGXAUTIssuerPaxos Trust CompanyTG Commodities Limited (Tether)RegulatorOCC, U.S. federal oversight; previously NYDFSCNAD, El SalvadorBacking1 token = 1 troy ounce LBMA Good Delivery1 token = 1 troy ounce LBMA Good DeliveryVault locationBrink’s vaults, LondonSwiss vaults via MKS PAMP and LoomisAuditor and cadenceKPMG LLP, monthlyBDO Italia, quarterly ISAE 3000ChainsEthereum (ERC-20)Ethereum, TRON, Polygon, Solana via LayerZero, BNB ChainIssuance and redemption feeTiered 1% down to 0.125%Flat 0.25%Minimum physical redemption430 tokens for a full bar, 1 gram and up via Alpha Bullion430 tokens for a full bar, no fractional partnerOwnership typeAllocated gold with Paxos bar lookupUndivided gold rights with Tether Gold bar lookupReserve and oracle supportPaxos attestations, allocation lookup, and Chainlink reserve-related infrastructureTether Gold attestations, wallet/bar lookup, and Chainlink XAUT/USD market-data feedsUS retail availabilityListed on Coinbase, Kraken, Gemini, Crypto.comRestricted, not directly available to US retailMarket cap (May 2026)About $2.2 billion per CoinGeckoAbout $2.6 to $2.7 billion per CoinGecko Pax Gold at a glance PAXG launched in September 2019, when Paxos operated under its NYDFS trust-company framework. Paxos later received approval to convert to a national trust charter overseen by the U.S. Office of the Comptroller of the Currency (OCC). Current PAXG terms say PAXG is issued pursuant to specific OCC approval.
Paxos assures that the underlying gold is stored in Brink’s vaults in London, and each PAXG token is linked to a specific serial-numbered gold bar that holders can verify through Paxos’ allocation lookup tool. KPMG took over the monthly attestation in February 2025, replacing WithumSmith+Brown, and the reports are published on the Paxos site.
Tether Gold at a glance XAUT was launched by TG Commodities Limited in January 2020 and is now operated under a license from El Salvador’s National Digital Assets Commission, known by its Spanish initials CNAD.
The bullion is stored in Swiss vaults, with MKS PAMP and Loomis named in TG Commodities’s attestation materials. XAUT launched on Ethereum and TRON before expanding to additional networks through the XAUT0 cross-chain system. Tether later announced Polygon, Solana, and BNB Chain integrations between late 2025 and early 2026.
BDO Italia issues an ISAE 3000 opinion on the reserves on a quarterly basis.
Fees, audits, and oracle data PAXG’s fee structure has changed over time. As of May 2026, Paxos advertises zero on-chain transfer fees and zero storage fees for PAXG, although its terms still reserve the right to impose storage fees in the future with notice. Its terms also govern conversions into USD, unallocated gold, or allocated gold through the Paxos platform.
XAUT says it charges no custodian fee and applies a one-time 25 basis point fee when verified customers purchase or redeem XAU₮ through TG Commodities.
Chainlink has supported reserve-related infrastructure for PAXG, while Chainlink also provides XAUT/USD market-data feeds. A price feed is not the same as a reserve feed. In both cases, users still need to check issuer attestations, custody disclosures, and official lookup tools rather than relying on oracle data alone.
Do you own real gold with PAXG and XAUT? The short answer is that both products describe gold ownership, but the issuer structure, custody chain, legal terms, and redemption process are not the same.
PAXG gives holders ownership rights to allocated London Good Delivery gold held under Paxos custody. XAUT gives holders undivided ownership rights to gold on specified bars, with bar details available through Tether Gold’s lookup system.
The practical question is not only whether gold backs the token, but how each issuer records, verifies, and redeems that claim.
How ownership is recorded PAXG uses an allocated-gold structure. Paxos says each PAXG represents one fine troy ounce of a London Good Delivery gold bar held in professional vaults. Its terms also say that when a holder is not allocated a full bar, the holder owns a pro rata share of that bar based on their PAXG balance. Paxos’ lookup tool lets eligible on-chain holders view bar details tied to their holdings.
XAUT uses a different legal structure. Tether Gold says XAU₮ gives holders undivided ownership rights to gold on specified bars. It also says the allocated gold is identifiable by serial number, purity, and weight through Tether Gold’s lookup system.
So, the cleaner distinction is not “specific bar versus pool.” Both products describe a bar-level link. The real differences come from issuer structure, custodian arrangements, jurisdiction, disclosure cadence, redemption rules, and the legal terms behind each token.
Bankruptcy remoteness and counterparty risk The difference matters most if the issuer fails. Paxos Trust Company is a New York limited-purpose trust company that holds the bullion as a bailee, a structure designed to be bankruptcy remote, meaning the bullion would not be available to general creditors.
TG Commodities is a private Tether subsidiary under El Salvadoran oversight rather than a US trust company, which leaves the holder’s claim subject to El Salvadoran insolvency rules.
As of May 2026, neither structure has faced a major issuer failure or large-scale court test, so the legal outcome in a stress event remains untested.
Insurance and custody disclosures Paxos says each PAXG is backed by one fine troy ounce of gold held in LBMA vaults in London. Its allocation lookup tool lets holders of PAXG in on-chain Ethereum wallets view serial-number and bar information, though the tool does not apply to tokens held through custodial exchanges or wallets. Paxos also publishes monthly PAXG attestation reports.
XAUT’s terms refer to custodian insurance, but the public disclosures do not itemize coverage at the same level of detail. XAUT’s terms refer to custodian insurance, but they also say there is no assurance that the custodian will maintain adequate insurance, or any insurance.
The public terms do not give the same bar-level insurance detail that a cautious buyer may want before they rely on insurance as a risk control. Holders should review the latest issuer terms, reserve reports, and custody disclosures before they treat insurance as meaningful protection.
Allocated ownership is one of the strongest legal protections available in the gold market, but it depends entirely on the custody chain functioning as advertised. Always read the latest attestation rather than relying on marketing language.
Can you redeem PAXG and XAUT for physical gold? Eligible verified holders can redeem both PAXG and XAUT for physical bullion, but the rules are not necessarily retail-friendly in the same way.
PAXG supports direct full-bar redemption through Paxos and smaller physical-gold redemptions through partnered retailers. XAUT redemptions, by contrast, occur through TG Commodities and must be tied to full gold bars.
PAXG redemption Paxos says holders can convert PAXG into USD, unallocated gold, or allocated gold through the Paxos platform, subject to its terms.
Direct allocated-gold redemption requires at least 430 PAXG plus the applicable fee for each London Good Delivery gold bar. Paxos also says customers with smaller holdings can redeem fractional amounts through partnered gold retailers.
Alpha Bullion, a platform tied to Bullion Exchanges and Paxos, says it lets PAXG holders redeem physical gold in sizes from 1 gram to 1 kilogram.
Note that Alpha Bullion requires account verification before order fulfillment. Because product availability, fees, taxes, and delivery terms can change, holders should check Alpha Bullion’s current checkout terms before they treat PAXG as an easy route to small physical-gold delivery.
XAUT redemption XAUT redemption follows a relatively stricter process. Tether Gold says only KYC-verified customers can redeem through the Tether Gold website, and redemptions can occur only for full gold bars. Since those bars usually range from about 385 to 415 fine troy ounces, holders are generally asked to deposit at least 430 XAU₮ to cover a full-bar redemption.
After redemption, the gold can be delivered to the verified customer’s chosen location in Switzerland, with delivery costs payable by the customer. Tether Gold says it does not currently offer delivery outside Switzerland.
Instead of physical delivery, a verified customer may ask Tether Gold to attempt a sale of the gold bar in the Swiss gold market and return the USD proceeds, minus the redemption fee. That sale is subject to available rates and counterparties, and Tether Gold says it has no obligation to repurchase the tokens or gold bars.
How to verify your gold on-chain Both issuers offer on-chain transparency tools. For PAXG, holders enter an Ethereum address into the Paxos lookup page and see the serial numbers of the underlying bars. For XAUT, the Tether site shows the gold attributed to a wallet at a given time.
These tools can help holders check issuer-level allocation data, while Chainlink infrastructure can support market-data or reserve-related checks depending on the token. Users should still treat issuer attestations, custody disclosures, and official lookup tools as the main sources for reserve verification.
That is the redemption side. The next question is how tokenized gold stacks up against the alternatives most investors already know.
Tokenized gold vs. gold ETFs vs physical bullion Tokenized gold is right there in between two long-established options. The table below compares the three on the dimensions that drive most allocation decisions.
AttributeTokenized gold (PAXG, XAUT)Gold ETFs (GLD, IAU, GLDM)Physical bullionCustodyLBMA vault held by issuer custodianLBMA vault held by ETF trusteeSelf-custody or third-party vaultTrading hours24/7/365Stock market hoursDealer hoursAnnual fee0% storage, 0.125% to 1% issuance and redemption0.17% to 0.40% expense ratioDealer spread plus storage and insuranceSettlementSeconds, on-chainT+1Same day at dealerRedemption for physicalYes, with minimumsNo, cash settlement onlyAlready physicalDeFi useCollateral, lending, yieldNoneNoneUS tax treatmentProperty treatment likely, still developingCollectibles 28% per IRS guidanceCollectibles 28% per IRS guidance Fee math at retail scale Headline fees can look simple until you apply them to a real position size. For example, take a $10,000 PAXG buy held for 12 months. If that order falls into Paxos’ 2–25 PAXG fee tier, the 1% entry fee comes to about $100.
Paxos currently advertises zero on-chain transfer fees and zero storage fees for PAXG.
If the position is sold or converted through the Paxos wallet at the same fee tier, the exit fee would add another $100. That puts the direct Paxos round-trip cost at about $200 on a $10,000 position held for one year, before spreads, gas, taxes, exchange fees, or any third-party platform costs.
Cost note: This example assumes direct Paxos wallet creation and sale or conversion at the 1% fee tier. If you buy or sell PAXG through an exchange, your actual cost may come from trading fees, spreads, withdrawal costs, and venue-specific rules instead.
A $10,000 GLD position over the same period pays the 0.40% expense ratio, or about $40, before any broker-specific costs. A $10,000 GLDM position is cheaper still at 0.10%, or roughly $10 for the year.
On direct fees alone, a lower-cost gold ETF such as GLDM can be much cheaper than a direct PAXG round trip at the 1% tier. PAXG’s case becomes stronger only if the holder values features an ETF cannot provide, such as crypto-wallet custody, around-the-clock transfers, DeFi use, or PAXG-specific redemption routes.
Tax treatment In the United States, the Internal Revenue Service classifies physical gold and most gold ETFs as collectibles, which carry a long-term capital gains rate of up to 28% rather than the standard 20%.
As of May 2026, tokenized gold is in a less settled position. Some practitioners argue it should follow the underlying asset and be treated as a collectible, while others apply general property rules for digital assets. UK, EU, and UAE treatments vary and depend on whether the holder uses an exchange domiciled in a regulated venue.
Always confirm with a tax professional before relying on any single framing.
Tokenized gold in DeFi The structural advantage of tokenized gold over an ETF is on-chain usability. PAXG is listed as collateral on the Aave deployment on Ethereum and trades in Curve and Uniswap pools, while XAUT has integrations on TRON-based DeFi venues and emerging yield vaults on platforms such as Falcon Finance.
Yields available in 2026 have ranged from low single digits to mid single digits, depending on the pool and risk tier, with strategies that wrap gold collateral into lending or basis trades.
Tokenized gold risks and how to mitigate them The risks attached to tokenized gold are not the same as the risks attached to physical bullion or to an ETF. Buyers should weigh three categories before committing.
Issuer and depeg risk Both PAXG and XAUT depend on a single issuer to honor redemptions and report reserves. A failure at Paxos or TG Commodities would cap the value of the token at whatever a court determined was the holder’s claim on the bullion.
Token prices can also drift from spot during stress events. PAXG traded at a premium to spot during the February 2025 London bullion shortage as physical delivery times stretched, an episode that reminded the market that on-chain liquidity does not always equal physical liquidity.
Smart contract, sanctions, and wallet freezing PAXG and XAUT contracts both include administrative functions that allow the issuer to freeze tokens in specific wallets. Paxos has used the function to comply with US sanctions enforcement, and Tether has frozen XAUT-related addresses tied to flagged activity. The functions exist for legitimate compliance reasons, but they mean a holder who trips a sanctions flag could lose access to their tokens.
Both tokens can be frozen by the issuer. A buyer who values censorship resistance above gold exposure should consider physical bullion or self-custody alternatives instead.
Regulatory risk Paxos previously operated under NYDFS oversight and is now OCC-regulated as a national trust institution.
XAUT has a narrower U.S. retail access path. Tether Gold says U.S. persons cannot purchase or redeem XAU₮ directly through its issuer platform, which means U.S. users should not assume they can access issuer-level redemption features.
In the European Union, MiCA rules for asset-referenced tokens and e-money tokens became applicable on June 30, 2024, while broader crypto-asset service provider rules followed on Dec. 30, 2024. Paxos says it operates under MiCA compliance through FIN-FSA in the EU, but its current PAXG page also says PAXG is unavailable in the EU.
Put simply, access can depend on the issuer, exchange, user location, and product feature. So, as a buyer, you should check current exchange notices and issuer disclosures before they assume PAXG or XAUT is available in the jurisdiction you are in.
How to buy tokenized gold in 2026 Tokenized gold trades on both centralized exchanges and on-chain venues. Most retail buyers start on a centralized exchange for the smoothest path, then move tokens to self-custody or a DeFi position if they want to use the gold as collateral.
Buying on a centralized exchange PAXG is listed on Coinbase, Kraken, Crypto.com, Binance, and Bitpanda, among others. The standard flow is to fund an account with fiat, place a market or limit order against the PAXG pair, and either keep the tokens on the exchange or withdraw them to a personal wallet.
XAUT is listed on a smaller set of venues, with Bitfinex and several non-US exchanges providing the deepest order books. US residents typically cannot buy XAUT directly through a domestic exchange.
Buying on a DEX On Ethereum, PAXG can be bought on Uniswap and Curve pools using ether or a stablecoin, though gas costs and pool depth should be checked before larger trades.
XAUT liquidity tends to sit in TRON-based and non-EVM venues, which makes the operational steps more involved. Buyers who use a DEX should always verify the token contract address from the issuer’s official site to avoid scam tokens.
Other gold-backed tokens worth knowing PAXG and XAUT dominate the market, but several other gold-backed tokens are worth knowing. Kinesis Gold (KAU) and Kinesis Silver (KAG) pay a share of network fees back to holders, which gives them a yield profile unlike PAXG or XAUT. CACHE Gold (CGT) uses a fractional-gram model with on-chain bar serial assignment.
AurusX (AWG) and Matrixdock XAUM are relatively newer entrants targeting cross-jurisdictional retail demand. Comtech Gold (CGO) markets a Shariah-compliant structure aimed at Middle East and South Asian buyers.
Note that liquidity for these smaller tokens is thinner, so always check the on-chain market depth before committing.
Frequently Asked Questions What is tokenized gold and how does it work? Tokenized gold is a digital token on a blockchain that represents ownership of physical gold held in an audited vault. Each token typically equals one troy ounce of London Good Delivery bullion held by a custodian on behalf of the issuer. Holders can transfer the token like any other crypto asset and, in some cases, redeem it for physical metal when minimums and verification rules are met.
Do you own real gold with PAXG? Yes. PAXG uses an allocated ownership model in which each token is mapped to a portion of a specific London Good Delivery bar identified by serial number. Paxos publishes a lookup tool that lets a wallet holder view the bars assigned to their address. The bullion is held in Brink’s vaults in London and is described by Paxos as legally separate from the company’s general balance sheet.
Can you redeem PAXG for physical gold? Yes, with two paths. A holder with 430 PAXG or more can redeem directly through Paxos for a full London Good Delivery bar, subject to Paxos’ terms. Holders below that threshold can use Alpha Bullion’s partner route for smaller physical-gold redemptions from 1 gram upward, subject to identity verification, product availability, taxes, delivery terms, and any current checkout costs.
Can you redeem XAUT for physical gold? Yes, but only at the full-bar level and only in Switzerland. A holder must accumulate at least 430 XAUT, complete identity verification with TG Commodities, and arrange Swiss delivery or cash settlement at spot. There is no fractional retail partner equivalent to Alpha Bullion, so most XAUT holders treat the token as a price exposure rather than a redemption vehicle.
What is the difference between PAXG and XAUT? The main differences are issuer structure, regulatory profile, chain support, audit cadence, and redemption rules. Paxos previously operated under NYDFS oversight and is now OCC-regulated as a national trust institution. PAXG uses monthly attestations and links holdings to allocated London Good Delivery gold. XAUT is issued through TG Commodities, operates under El Salvador’s CNAD framework, uses quarterly assurance reports, and gives holders undivided gold rights with Tether Gold’s bar lookup system. PAXG is Ethereum-based, while XAUT is available across several networks.
Is tokenized gold safe and what are the main risks? Tokenized gold inherits the price behavior of physical gold and adds three risk categories on top. Issuer risk covers the potential failure of Paxos or TG Commodities, smart contract risk covers code or governance failures, and sanctions risk covers the issuer’s ability to freeze tokens in flagged wallets. Holders mitigate these risks by reading the latest attestations, splitting positions across issuers, and avoiding behavior that could trigger a wallet freeze.
Radworks (RAD) offers innovative solutions to traditional software development challenges. By decentralizing the development process, it enables easier collaboration, efficient dApp creation, and monetization of open code. With an experienced team, a growing community, and a clear development roadmap, Radworks is well-positioned to be a leading platform in decentralized software development. In this article, you can find answers to two frequently asked questions: What is Radworks (RAD) and how to buy Radworks (RAD) with TRY.
What is Radworks (RAD)?Radworks is a decentralized software development platform that enables peer-to-peer collaboration among developers. Founded in 2018 and operational since 2020, Radworks aims to address the inherent challenges of traditional software development, such as centralization, access limitations, and the inability to monetize code.
Traditional software development platforms are usually centralized platforms controlled by a single entity, making them vulnerable to attacks and censorship. They are also expensive and difficult to use, limiting access for novice developers. Additionally, these platforms do not provide mechanisms for developers to monetize their code. Radworks addresses these issues by offering a decentralized, open-source, and user-friendly platform.
Radworks offers various innovative products and features designed to facilitate decentralized development:
Radicle: An open-source platform that enables peer-to-peer collaboration among developers.Radicle IDE: An integrated development environment for creating and deploying decentralized applications (dApps).Radicle Registry: A decentralized registry for dApps.Radicle Grants: A funding program for developers working on dApps within the Radworks ecosystem.RAD coin is the main network asset within the Radworks ecosystem and serves multiple purposes, including:
Paying storage fees in the Radicle RegistryFunding projects through Radicle GrantsParticipating in Radworks governanceSeveral factors demonstrate Radworks’ superior potential. These factors include:
Team: Composed of experienced developers with backgrounds in blockchain and software development.Technology: Uses the latest Blockchain technology to provide a secure and decentralized platform.Community: Has a rapidly growing community of developers and users.Roadmap: Offers a clear and detailed roadmap for platform development.Radworks was founded by Joey Belyk, an experienced software developer with a background in Blockchain technology, and Alanna Roazzi, an entrepreneur specializing in technology and finance. The team consists of experienced developers, designers, and marketers dedicated to creating a secure and decentralized platform for software development.
How to Buy Radworks (RAD) with TRY?Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Radworks (RAD). On Binance TR, where you can quickly create an account, you can buy and sell over 100 cryptocurrencies, including RAD. To buy Radworks (RAD) with TRY on Binance TR, you can follow these steps.
How to Open an Account on Binance TR?Opening an account on Binance TR is quite easy. For this, you need to go to trbinance.com and proceed from the “Create Account” step. In the first step of creating an account, you will be asked to enter basic information such as your email address, phone number, name-surname, date of birth, nationality, and T.C. identification number.
After entering the requested information completely and correctly, an email/sms verification will be done to confirm and verify the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?Identity verification on Binance TR is one of the security procedures that must be carried out before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can perform the verification process from your phone or through the official Binance TR website. Note that you will need your mobile phone to perform identity verification from the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, you can click on the “Copy URL” option to send the identity verification address to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, continue by tapping on the “Identity” option.
Then a screen like the one below will appear. To continue the verification process, first select the document type that is suitable for you.
After selecting the document type, continue by tapping on the “Upload Front” option. After taking a photo of the front side of the document according to the selected document type, tap on the “Upload Back” option and take a photo of the back side of the document and upload it. Make sure that the images are clear and that the information in the photo is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then continue by tapping on the “Selfie” option. At this point, your phone’s front camera will open, and you will need to scan your face. Once the camera opens, make sure your face fills the camera area as much as possible.
After completing all these steps correctly and completely, your identity verification process will be completed in a short time.
How to Deposit TL on Binance TR?You can easily deposit TL into your Binance TR account through all banks. You can deposit TL 24/7 and make transactions seamlessly from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. For other banks, you can deposit up to 50,000 TL 24/7 with FAST. Deposits over 50,000 TL from other banks are processed within EFT hours.
To deposit money into your Binance TR account, first go to trbinance.com, hover over the “Wallet” option at the top left of the homepage, and click on the “Deposit” option from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank. If your preferred bank is not yet integrated with Binance TR, you should continue by clicking on the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, an account name and IBAN address will appear, where you can make a transfer, EFT, or FAST to that bank. All you need to do is use the information shown on the bank’s page to transfer the amount you want to deposit into your Binance TR account via transfer, EFT, or FAST.
After your bank completes the transfer process, the funds you sent will be automatically reflected in your Binance TR account wallet.
How to Buy RAD Coin with TL on Binance TR?After the deposit process, you can proceed to the TL to RAD coin purchase step by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website.
After clicking on this option, the following page will open. On this page, type “RAD” in the search section on the right side and click on the RAD/TRY option from the results to go to the TL to RAD purchase page.
Now the following RAD trading page will open. On this page, in the area marked with a red box, you need to enter the price at which you want to buy RAD in the first box and the number of RAD you want to buy in the second box. After entering the amount, you can complete your purchase by clicking on the “Buy RAD” button.
What is Binance TR?Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR leverages Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure to offer both fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
With Binance TR, users have access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls, all supported by Binance’s core functionalities.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
[PRESS RELEASE – Gibraltar, Gibraltar, March 20th, 2024]
Seedify, a leading Web3 incubator and launchpad, proudly introduces the upcoming Initial DEX Offering (IDO) for Castle of Blackwater. The game, developed in collaboration with Merit Circle, will be one of the first to launch on Beam. This revolutionary social deduction game is set to redefine Web3 gaming by offering a captivating blend of strategic gameplay, role-playing elements, and social deduction mechanics.
Castle of Blackwater has rapidly risen in popularity, consistently ranking among the top 3 games on the Elixir launcher. After a successful Alpha Season, the game is now in Public Beta. Recently securing a $1 Million strategic funding round with partners like Metrics Ventures, 3Commas Capital, and Faculty Group, Castle of Blackwater is poised for further growth. Partnering with communities such as The Wardens, IndiGG, SocialsRising, and Carv has also enriched its player engagement with frequently organized game nights.
Unveiling Castle of Blackwater: A Journey into Intrigue and Deception
Castle of Blackwater immerses players in a captivating narrative. The formidable Castle Blackwater beckons adventurers with promises of discovery and triumph, yet beneath its grandeur lies hidden dangers. Ambitious individuals flock to the Castle, driven by the desire to unravel its mysteries and attain glory. However, amidst the puzzles and challenges lie sinister motives, requiring players to navigate both the Castle’s trials and the deceit of their companions.
Strategic Choices: Factions and Roles
Castle Blackwater sets itself apart with unique factions! Each has distinct goals and abilities, making every playthrough fresh.
The Protectors: Champions of good; they use magic for noble purposes. The Satanic: Power-hungry schemers who utilize sabotage and dark magic. The Forgotten: A wildcard group with diverse motives, adding chaos to the mix. Which side will you choose?
Players assume specific roles within each faction, each granting them unique abilities that can significantly influence the game’s outcome. Strategically utilizing these abilities is paramount to completing objectives, sowing discord among opponents, and ultimately securing victory.
The Thrill of the Hunt: Day and Night Phases
Castle of Blackwater’s gameplay centres on Day and Night Phases.
During the Day Phase, players collaborate and investigate, completing tasks while fostering trust and alliances. In the Night Phase, strategic actions by players with specific roles shape the game, with deception prevalent as factions vie for dominance.
The phase concludes with a voting round where suspicion runs high, leading to the elimination of suspected individuals.
Users can experience the magic of Castle of Blackwater by downloading and playing it on Elixir!
Two Exciting Game Modes: Casual and Ranked
Castle of Blackwater presents two game modes catering to varied playstyles. Casual mode offers free-to-play gameplay with flexibility in character choices, ideal for newcomers and casual gamers. Ranked mode adds a competitive edge, requiring blockchain-based character collectables for participation. Character bidding enhances strategy, enabling players to bid for preferred roles and factions.
Character Collectables
Castle of Blackwater’s Generations system offers exclusive Character Collectibles. Generation X (Genesis) provides 696 collectibles for early supporters, while Generation Y (Progressus) offers 1000 for wider access. Generation Z (Finalis) may be released based on demand.
In Ranked mode, characters are capped at 10,000 copies, boosting their market value. Casual characters have unlimited availability and are non-tradable. Owning Collectibles grants early access, Ranked mode entry, and potential market value.
Genesis is sold out, supporting game development and community events.
The Dual-Token Economy: $COBS and $COBE
Underpinning Castle of Blackwater’s vibrant ecosystem is a dual-token economy powered by $COBS (Utility) and $COBE (Ecosystem) tokens.
These tokens are the game’s lifeblood, allowing players to earn rewards, purchase in-game items, and participate in its thriving economy.
With innovative protocols designed to maintain a harmonious balance between value accrual and exchange, Castle of Blackwater offers players a unique opportunity to engage with the game on both economic and strategic levels.
Castle of Blackwater IDO Details
The Castle of Blackwater presents an enticing opportunity for gaming enthusiasts through its public IDO offering:
IDO information
Name and Token ticker: $COBE
Token Type: ERC20
Total Supply: 100,000,000
Initial Mcap (excluding liquidity.): $860,000
Listing Price: $0.2
Date: 25-26 March 2024
Expected Listing Date: 29 March 2024
Price: $0.2
Allocation: TBD
Vesting Period: 20% at TGE, 1 month cliff, 7 months daily linear
Disclaimer: Persons and entities from certain restricted jurisdictions are not entitled to participate in the IDO, including, but not limited to, the United States, persons (including entities), or persons or entities (or entities controlled by persons) on sanctions list of the OFAC or any other US, UN, EU or other applicable sanctions list.
Castle of Blackwater offers an enticing experience for gamers. Combining social deduction, strategy, and role-playing with a blockchain-powered economy, it has the potential to lead in Web3 gaming.
Explore Castle of Blackwater’s world, gameplay mechanics, character ownership, and upcoming IDO through the following links: Website | X (Twitter) | Discord | YouTube
About Seedify Seedify is a leading Web3 projects incubator and launchpad specializing in Web3 Gaming, NFTs, AI, Defi and metaverse projects. Our mission is to empower innovators and project developers by offering essential resources such as access to funding, community building, marketing expertise, and a high-calibre partnership network. With a comprehensive support system, we aim to bring premier projects to our community and beyond, fostering growth and success in the dynamic landscape of Web3.
Website| X (Twitter) | Telegram Announcement | Telegram Chat | Medium
Merit Circle, a blockchain based game guild announces that more than 37 billions BEAM was burnt, token which the guild aims to regulate supply and the potential increase of its value among the exchange platforms. The coin burn has caused the token to fall 13.7% on the day, making the analysts to think about the prospects for the company and the entire crypto-industry. Merit Circle, one of the prominent blockchain game guilds in the decentralized world, made a huge announcement on April 13, which is about the casino game P3 Protocol, that they own majority shares dealing with the administration of the guild. It has been disclosed that Merit Circle is going to burn 37,551,413,982 BEAM tokens and with this Such a maneuver is a daring move that allows the newcomer to the cryptocurrency ecosystem to steal the thunder and focus the attention of the entire crypto-community, on that matter, where tokens burns are used to regulate supply and to potentially raise the value of remaining tokens in circulation.
Hence, Merit Circle’s move of burning a staggering number of tokens purports their desire to offer a viable economic scenario that is sustainable. The guild’s action to restrict the amount of tokens available on the market is aimed at increasing the level of scarcity and can potentially make tokens with no reliance on their supply more attractive or valuable. But this big token burn has had a convoluted effect on BEAM’s price in the market with the last 24-hour price getting down 13.7% in accordance with the CoinGecko data.
Market impact and speculation Consequently, many have come to think about Merit Circle as either a beneficiary or an aggressor in the cryptocurrency market. Despite the fact that the long-term effects of this dramatic -50% drop in supply are yet to come to the fore, the current short term reaction has caused the BEAM market value to dip. This decline of price was likely to be as a result of some market factors we are yet to know if the algorithm burn has any direct link or not to the current trend.
Cryptocurrency experts and investors are widely monitoring this signal since drastic events could potentially escalate to the crypto market that has been holding extreme prices in the past timeframes. The potential impact of that could be setting examples for other crypto players as well as other projects seeking a more efficient token economy might lead to the general adoption of this approach.
Bearing the future of BEAM tokens News on the token burn of the Merit Circle project has set off the buying wave in the market, and so, the market now desires to know the impact of the quickly developing BEAM token system on the latter’s ecosystem as well as holders. The decision to freeze the token’s liquidity could be seen as having two effects that are very opposite; it either brings a recovery of the share price due to the increase in scarcity or market adjustments based on the investor perception and the market dynamics.
The cutting-edge strategy by Merit Circle reflects the ever-evolving trials and experiments in cryptoeconomics, in which burns of tokens is just one technique by digital assets to stabilize or increase token prices. The prospect of BEAM tokens are going to be reliant on the mix of market response, overall crypto market directions, and the right steps of the Merit Circle team.
The crypto community will be keeping tabs on how the business is doing and if this bold take by Merit Circle will effect a positive reappraisal of BEAM or if it will be a warning to the other projects thinking of doing similar hash large-scale token burns. The impression through which this act can impact future policies in blockchain gaming and the broader cryptocurrency sector may well be influenced.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Haseeb Shaheen
As a Web Researcher and Internet Marketer, Haseeb Shaheen delivers relevant valuable content for audiences. He focuses on financial and crypto market analysis, as well as technology-related areas that help people change their lives.
The Merit Circle ecosystem treasury has announced a remarkable growth of approximately $94 million in the first quarter of 2024, bringing the total treasury size to approximately $201 million. This surge in growth exemplifies the robust financial health of the Treasury and underscores its strategic investments within the gaming industry.
Since its establishment, Merit Circle has been at the forefront of promoting innovation and expansion within the gaming community. The Treasury has supported over 60 diverse projects, many of which have demonstrated outstanding performance and potential.
A distinguishing feature of Merit Circle is its unwavering commitment to transparency. Since its inception in 2021, the organization has consistently published Treasury reports, setting a standard for openness and trust within the industry. These reports provide stakeholders with a clear insight into the financial activities and strategic decisions of the Treasury.
Q1 2024 Highlights One of the standout investments for Merit Circle in Q1 2024 is Saga, which has emerged as the largest Binance Launchpool project to date. Merit Circle’s early investment at a valuation of $125 million has yielded significant returns, with Saga’s fully diluted valuation (FDV) now exceeding $5 billion. This achievement marks a major milestone in Merit Circle’s investment journey.
In addition to investing in external projects, Merit Circle is actively involved in co-creating new gaming titles. One such project is Forgotten Playland, an online party game scheduled for release on April 25, 2024. The game has already launched its $FP token, and as of the end of Q1 2024, the Treasury held nearly $30 million worth of these tokens. Forgotten Playland exemplifies Merit Circle’s commitment to developing cutting-edge gaming experiences alongside its investment activities.
Merit Circle’s overarching mission is to revolutionize the gaming landscape by integrating blockchain technology into games. This vision is being realized through its gaming ecosystem, Beam, which operates across its own Subnet on Avalanche and extends to networks like Immutable and Polygon, among others.
For a comprehensive breakdown of the Treasury’s activities and any associated disclaimers, stakeholders can review the Q1 2024 Treasury report and Treasury dashboard. The impressive growth reported by the Merit Circle ecosystem treasury in Q1 2024 reflects its strategic investment decisions and commitment to driving innovation within the gaming industry. With a strong foundation and a clear vision for the future, Merit Circle continues to shape the gaming landscape and set new benchmarks for transparency and excellence.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Merit Circle, a decentralized autonomous organization (DAO), focuses on enhancing the play-to-earn (P2E) economy. The project aims to create a new era of gaming where playing favorite games transcends being a simple hobby into a lucrative opportunity. Although launched on November 4, 2021, development has been underway since July 2021. Despite being a recent initiative, it boasts a large community with over 64,800 followers on Twitter.
Merit Circle currently supports the popular P2E project Axie Infinity, a monster battle game with the highest transaction volume. As play-to-earn models slowly expand into the crypto metaverse, employers and developers are acquiring skills that will soon be in high demand.
The DAO plans to support Star Atlas, Illuvium, and Hash Rush. For instance, Star Atlas is described as the most ambitious blockchain game, while Illuvium appears as a survival game set in an alien world, and Hash Rush is a sci-fi/fantasy RTS set in the fictional Hermeian galaxy, where players must build and battle once again.
While the concept behind Merit Circle is not entirely new, the project itself is a leading DAO with the aim of maximizing value accrual in various games based on the metaverse. Its platform is the intersection of capital, expertise, investors, the games represented by the platform and its managers, and of course, the players.
The potential returns the project could generate may translate into potentially life-changing earnings for some players. Players have recognized the value of the scholarship program created for them, and currently, there are over 500 scholars actively playing Axie Infinity.
In addition to benefiting players and liquidity providers, significant revenues are flowing into Merit Circle. More is expected, especially as Merit Circle DAO now begins to focus on other opportunities in the metaverse through new games.
Merit Circle also boasts an impressive list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games, and more. These and others have praised Merit Circle for creating a scalable operational process that can grow, evolve, and sustain new members effectively.
All partners and a group of angel investors helped the company raise $4.5 million during its startup phase.
Additionally, according to a post on Merit Circle’s Medium, the project has been audited by one of the leading security assessment firms in the industry, Quantstamp. Initially, Quantstamp identified 12 points, analyzed all aspects of the project, and addressed the issues immediately, followed by code reviews by several top individual developers.
How to Purchase Merit Circle Coin?MC Coin can be securely and swiftly purchased through Binance, the world’s largest cryptocurrency trading platform in terms of transaction volume. To buy MC Coin, one must first register on Binance and then send fiat currency, such as Turkish Lira or USD, after which the purchase can be made in the trading pairs of Bitcoin (BTC), BUSD, and Tether (USDT) where MC is traded.
In addition, on Binance, users can place buy orders not only at market prices but also at lower prices. To do this, use the Limit tab, entering the amount you wish to buy and the price you wish to pay.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The funding brings the total raised to $24 million following a $12.8 million seed round announced in 2022. Gameplay founder and CEO Doron Kagan told The Block the extended seed round was raised at a valuation of $71 million. Kagan previously led the free-to-play game studio Deemedya, which created popular titles like the Trial Xtreme series, the Rope Escape series and Game of Winds. Gameplay Galaxy, a Web3 games studio founded by free-to-play gaming vet, Doron Kagan has raised $11.17 million in an extended seed round co-led by Blockchain Capital and Merit Circle.
The extension round brings the total raised to $24 million following a $12.8 million seed round announced in 2024, according to The Block. The funding was structured as equity with token warrants, valuing the gaming studio at $71 million.
Gameplay Galaxy plans to use the fresh capital to accelerate the development of its first inaugural blockchain game Trial Xtreme Freedom.
Kagan previously led a free-to-play gaming studio Deemedya, before leaving in 2022 to build Gameplay. Deemedya is renowned for creating popular gaming titles including the Trial Xtreme series, the Rope Escape series and Game of Winds.
“After 20 years in the free-to-play industry and two successful exits, we saw blockchain as the natural evolution for the gaming industry,” Kagan told The Block. “With strong conviction, we took our successful Trial Xtreme brand with over 300 million downloads and reimagined it as a web3 ecosystem for extreme sports games.”
Trial Xtreme Freedom integrates Web3 gaming elements in the gameplay, avoiding paywalls or knowledge barriers.
“Players are introduced to web3 elements as optional features, allowing them to engage at their own pace and preference to elevate each player’s connection to the game and bring more value to their gaming experience,” he said.
Some of the Web3 features that players can use include track ownership, which allows users to host their own events and tournaments. The platform also allows players to craft, upgrade and own bikes, as well as, earn tokens by playing games.
Trial Xtreme Freedom is currently in the tech soft launch phase, with a full launch planned for the first quarter of 2025.
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Story HighlightsThe live price of the BEAM crypto is Loading live price .Beam is building a privacy-focused DeFi ecosystem using Mimblewimble and LelantusMW, aiming to enable confidential transactions, assets, and smart contracts.If adoption of private DeFi grows, BEAM could recover toward $0.0505 by 2026 and potentially reach $4.41 by 2030 with stronger ecosystem expansion.Privacy has become a major topic in blockchain. While many once believed Bitcoin transactions were anonymous, blockchain tools later showed that most transfers can be traced.
Beam was created to solve this problem.
Launched in March 2018, it is a privacy-focused DeFi platform that uses Mimblewimble and LelantusMW to hide wallet balances, transaction amounts, and user identities.
Unlike many privacy coins that focus solely on payments, Beam is gradually expanding into a private DeFi ecosystem, integrating NFTs, decentralized exchanges, and confidential smart contracts.
With the token currently trading near $0.023, investors are now asking whether Beam could become a major player in the emerging privacy-first DeFi sector.
Here is CoinPedia’s Beam (BEAM) price prediction for 2026, 2027, and 2030.
Let’s explore.
Loading price prediction overview
Beamm Price TodayCryptocurrencyTokenPrice Market Cap24h VolumeCirculating SupplyTotal SupplyAll-Time HighAll-Time LowBeam (BEAM) Price Targets For March 2026In recent years, regulatory debates around data transparency and financial surveillance have pushed many blockchain users toward privacy-enhancing protocols.
Beam’s architecture is designed specifically for this use case.
The platform uses Mimblewimble technology, which compresses blockchain data while hiding transaction details. Combined with LelantusMW, it enables users to create fully private transactions without exposing balances or transaction histories.
Beyond payments, Beam is also expanding its private DeFi toolkit, including confidential assets, decentralized exchanges, and NFT functionality.
If these developments gain traction and more users begin prioritizing privacy in DeFi, BEAM could attempt to move toward $0.0035 by March 2026.
MonthPotential Low ($)Potential Average ($)Potential High ($)Beam Price Prediction March 2026$0.0202$0.02861$0.0350Beam’s long-term value depends largely on whether privacy becomes a critical feature in decentralized finance.
Public blockchains provide transparency, but they also expose transaction histories and wallet balances. For institutions, traders, and everyday users seeking financial confidentiality, this can be a major limitation.
Beam’s approach combines confidential transactions with scalable blockchain design, which could make it attractive for private DeFi applications.
If Beam successfully integrates more financial tools, such as private lending markets, decentralized exchanges, and tokenized assets, it could gradually attract liquidity into its ecosystem.
Technical AnalysisLooking at the BEAM/USDT 1-day chart, it shows the price moving within a clear descending channel, indicating a slow downtrend over several months.
Recently, BEAM bounced again from the key support zone near $0.021–$0.022, which shows that buyers are still defending this area. The current price of around $0.023 suggests a small recovery after touching the lower boundary of the channel.
For the trend to turn bullish, BEAM must break above the channel resistance and the breakout zone near $0.035. If that happens, the next targets could appear around $0.042 and later near $0.0505 by the end of 2026.
However, if the price fails to hold the $0.021 support, the downtrend could continue with further downside pressure.
YearPotential Low ($)Potential Average ($)Potential High ($)Beam Price Prediction 2026$0.018$0.3503$0.0505Beam Price Prediction 2026 – 2030YearPotential Low ($)Potential Average ($)Potential High ($)2026$0.018$0.3503$0.05052027$0.030$0.092$0.29732028$0.094$0.5070$1.022029$0.376$1.32$2.572030$0.930$2.86$4.41Beam Price Prediction 2026If privacy-focused DeFi applications expand and Beam’s ecosystem gains liquidity, the token could approach $0.0505.
BEAM Price Prediction 2027Meanwhile, by 2027, stronger adoption of confidential financial tools may push BEAM toward $0.297.
Beam Price Forecast 2028If private decentralized exchanges and confidential NFTs gain popularity, BEAM could climb to $1.02.
Beam Coin Price Prediction 2029Greater demand for financial privacy and institutional experimentation with confidential blockchain infrastructure may move BEAM toward $2.57.
Beam (BEAM) Price Prediction 2030By 2030, if Beam becomes a leading platform for private DeFi and confidential asset transfers, the token could reach $4.41.
What Does The Market Say?Year202620272030Changelly$0.602$0.342$0.157Coincodex$0.079$0.033$0.086Digitalcoinprice$0.0720$0.11$0.21CoinPedia’s Beam (BEAM) Price PredictionFrom CoinPedia’s perspective, Beam stands out as a privacy-focused blockchain attempting to bring confidential transactions into decentralized finance.
While many blockchains prioritize transparency, Beam is building infrastructure for users who require financial confidentiality without sacrificing scalability.
If the project continues expanding its private DeFi ecosystem and regulatory debates increase demand for privacy-preserving technologies, BEAM could gradually reclaim the $0.0505 range in 2026.
YearPotential Low ($)Potential Average ($)Potential High ($)2026$0.018$0.3503$0.0505Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQsWhat is the Beam (BEAM) price prediction for 2026?
BEAM could trade between $0.018 and $0.0505 in 2026 if adoption of privacy-focused DeFi grows and the project expands its confidential financial tools.
How high can Beam price go in 2030?
Beam could reach around $4.41 by 2030 if privacy-focused DeFi adoption grows and its ecosystem expands with confidential smart contracts and private trading tools.
What is the Beam price prediction for 2040?
If privacy becomes a major part of DeFi and Beam continues expanding its ecosystem, the token could trade significantly higher by 2040, though long-term forecasts remain uncertain.
Does Beam coin have a future?
Beam has potential if demand for blockchain privacy increases. Its focus on confidential DeFi, private assets, and scalable transactions may support long-term growth.
Is Beam a good coin to buy?
Beam may interest investors seeking privacy-focused crypto projects. Its success depends on adoption of private DeFi tools and overall market conditions.
Story Ends Here
Disclaimer and Risk WarningThe price predictions in this article are based on the author's personal analysis and opinions. CoinPedia does not endorse or guarantee these views. Investors should conduct independent research before making any financial decisions.
Merit Circle Coin (MC) is the native asset of a platform representing a leading DAO, contributing to the adoption of the P2E (Play-to-Earn) sector.
What is Merit Circle (MC)?Merit Circle (MC) is a decentralized organization focused on developing the P2E economy. The project aims to create a new era of gaming, where users can earn money by playing the games they love, rather than treating them as a simple hobby. The project began on November 4, 2021, although development has been ongoing since July 2021.
Currently, Merit Circle supports Axie Infinity, the most popular P2E game with the highest trading volume, where players fight monsters. In addition, the DAO plans to support Star Atlas, Illuvium, and Hash Rush. Although the concept behind Merit Circle is not entirely new, the project is a leading DAO with the goal of maximizing value accrual across different metaverse-based games.
The platform represents a convergence point where capital, expertise, investors, and users intersect. Players have realized the value of the project and the program created for them. In addition to the DAO, there are significant revenues flowing into the merit circle, benefiting players and liquidity providers alike.
MC is now focusing on other opportunities in the metaverse space through new games. Additionally, Merit Circle boasts an impressive list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games, and many more.
Where Can You Buy MC Coin?MC Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. Merit Circle Coin is traded on the Binance platform in the MC/BTC, MC/USDT, and MC/BUSD pairs.
To purchase Merit Circle (MC), you must first register with the Binance exchange. Once registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance wallet. After the transfer is complete, you can purchase MC Coin from any of the three pairs mentioned above. To buy from the MC/USDT pair, you must first navigate to the interface for this pair. In the limit section of the MC/USDT interface, enter the amount you wish to purchase in the specified field. Once the amount is entered, complete the purchase by placing a buy order for MC.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
[PRESS RELEASE – Hong Kong, Hong Kong, November 25th, 2024]
Web3 game studio Qooverse has secured pre-seed funding in a round led by VC firm Paper Ventures, followed by Animoca Brands, Merit Circle, and notable angels in the industry. Founded by a creative team whose professional background includes time at Tencent and Goldman Sachs, Qooverse is developing an ecosystem of mid-core and casual social games that are distributed on Telegram and more social platforms to come.
The portfolio of games revolves around the IP Qoomon, cute yet formidable creatures in an Oriental style. The games are fast-paced with an average game lasting less than 5 minutes. They are also highly social with an emphasis on PvP (Player vs Player). The flagship game Qoomon Fuse has successfully attracted a few hundred thousand players organically within a month.
“Many existing Telegram games have failed to capitalize on the power of social networks and players are unable to socialize over games with the current grinding meta,” said the studio co-founder Kyle. “With Qoomon Fuse we have successfully onboarded mass gamers via viral sharing, thanks to the unique blend of hyper-casual, social and competitive elements on Telegram. We look forward to replicating this success with our new game titles.”
Paper Ventures GP Oliver Blakey commented on his company’s investment, saying “Qooverse is the sort of innovative, value-driven project we aim to support. The team’s vast experience and fresh perspective on competitive social games positioned them as a compelling proposition. We’re very excited to see how the team will redefine gaming dynamics in the Web3 space going forward.”
Qooverse also views the omni-channel distribution as a great opportunity. The team has been distributing the games as Telegram mini-app with the next avenues being Line mini-app and Discord embedded app.
Qooverse is now looking ahead to a busy year end of 2024 that will include the launch of new game modes such as tournaments and enhancement in crypto onboarding. The next milestone will be the official launch of the game centre encompassing all the game titles, which will coincide with a Token Generation Event (TGE) in early 2025.
About Qooverse
Qooverse is a Web3 game studio founded by veterans from Tencent and Goldman Sachs. Qooverse’s mission is to redefine how the world engages with social gaming, leveraging the power of blockchain and in-depth embedment in social media platforms to bring forth a gamified social experience.
MVL, one of the leading players in the mobility sector, has entered into a collaboration with PowerPod, a pioneer in decentralized energy grids. They dream of revolutionizing the Decentralized Physical Infrastructure Network (DePIN) ecosystem. Through this landmark collaboration, they aim to reshape the essence of global mobility and energy infrastructure.
📢 MVL is thrilled to announce our partnership with @PowerPod_People, a DePIN project focused on building the decentralized Internet of Energy, connecting global EVs, charging stations, solar panels, and energy storage into a unified network.
This collaboration marks a… pic.twitter.com/y5Cs6bJnoL
— MVL (@mvlchain) May 7, 2024 PowerPod dreams of a fully decentralized Internet of Energy that establishes a connection between electric vehicles, charging facilities, solar panels, and energy storage around the world. Utilizing blockchain, PowerPod has launched a war against the primary problem with infrastructure while constructing a more sustainable future for the auto industry.
MVL also contributes its solid DePIN ecosystem into the partnership. Which includes TADA, a successful ride-hailing service currently working in several countries of Southeast Asia, and ONiON Mobility, an influential electric vehicle manufacturer and energy infrastructure provider.
According to Kay Woo, the CEO of the MVL Foundation, this partnership presents an excellent opportunity for both companies to enhance the DePIN ecosystem. He points to the combined strengths and specializations of the partners as well as their shared vision of fostering progress and sustainability in both mobility and energy.
Similarly, Ting Du, CEO of PowerPod, also shows excitement about the prospective cooperation’s effect on mobility. He emphasizes the potential of blockchain technology to revolutionize the market thanks to its efficiency, transparency, and economic value.
MVL and PowerPod Partnership Set to Revolutionize Energy and Mobility This MVL-PowerPod collaboration seems very promising as both parties are determined to disrupt the status quo in energy and mobility using blockchain. Therefore, it has the potential to lead to a greener and more connected future. MVL and PowerPod aim to create a decentralized Internet of Energy that will enable boundless innovation and improvement.
The partnership of MVL with PowerPod proves to be a key step in the attempt to revamp the world mobility and energy infrastructure. This is because the combining of their vast resources and expertise are set to create more sustainability and efficiency opportunities, which will change the world into a closely integrated and sustainable system. From now, the goals of MVL and PowerPod will transform the mobility and energy sectors into the future oriented efficient methodology.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
IQ WIKI, the renowned blockchain and cryptocurrency encyclopedia, has announced the integration of IQ GPT Chatbot into MVL Chain. This integration will herald a new era of AI assistance in the crypto and blockchain domain. MVL Chain, a pioneer in leveraging blockchain to revolutionize the vehicle industry, is set to harness the power of IQ GPT Chatbot to enhance connectivity and efficiency within the vehicle ecosystem.
IQ WIKI Reshaping Vehicle Connectivity and Data Management with MVL Chain MVL Chain’s core mission is to leverage blockchain technology to benefit service providers, drivers, insurance agents, and other stakeholders in the vehicle industry. With a focus on DePIN (Decentralized Public Infrastructure Network) and Real-World Assetization (RWA), MVL Chain is poised to reshape the landscape of vehicle connectivity and data management.
The RWA initiative by MVL Chain involves the integration of vehicle life cycle data and financial data into Non-Fungible Tokens (NFTs) on the blockchain. By combining vehicle DePIN and financial data as NFTs, MVL Chain aims to create a robust ecosystem that facilitates seamless transactions. Moreover, it will streamline data management within the vehicle industry.
Furthermore, MVL Chain’s DePIN infrastructure boasts over 2,500 swappable batteries and 16 E-stations in Cambodia’s largest cities. This enables smooth integration with electric vehicles and energy systems. This energy infrastructure plays a pivotal role in supporting sustainable mobility solutions and promoting the adoption of electric vehicles.
IQ GPT Chatbot Integration to Enhance Connectivity and Innovation In the MVL Ecosystem, vehicle activities are recorded on a decentralized blockchain throughout their lifetime. In this way, MVL provides owners and participants with reliable and transparent data. The ecosystem operates across three layers: Core, Service & Component, and Application. It fosters collaboration and connectivity among all participants in the market with these 3 layers.
By integrating IQ GPT Chatbot, MVL Chain aims to leverage cutting-edge AI technology to enhance user experience, streamline operations, and drive innovation within the vehicle industry. With IQ GPT Chatbot’s advanced capabilities, MVL Chain is well-positioned to lead the way in transforming vehicle connectivity and data management in the blockchain era.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Coinbase was scrutinized for allegedly converting Songbird tokens, igniting legal battles and debates on crypto asset rights. Ripple’s CLO exposes contradictions in SEC’s crypto regulation, spotlighting the need for clear guidelines. Legal experts suggest Coinbase’s actions could breach principles of unjust enrichment, opening new avenues for litigation. Coinbase has come under scrutiny over allegations related to handling certain customer assets. Fred Rispoli, an attorney at HODL Law firm, criticized the exchange for allegedly converting customer assets, specifically Songbird’s SGB tokens, to its control. This claim has stirred discussions within the legal and crypto communities about token holders’ rights and the exchanges’ responsibilities.
Rispoli’s remarks on X accused Coinbase of taking unauthorized control of customers’ SGB tokens, a move he likened to the conversion of customer property. He further revealed that HODL Law is actively pursuing litigation against Coinbase, highlighting a broader legal battle that could have significant implications for the crypto industry. Rispoli’s interest in related legal matters, such as the ongoing Ripple vs SEC case, underscores his firm’s engagement in cryptocurrency-related legal issues.
I'm often asked why @coinbase illegally converts customer property into its own possession and control, like when the company did that with customers' $SGB. It's because Coinbase and its executives will take from you whatever they can get away with. They are not your advocate. https://t.co/ktzc4RF13l
— Fred Rispoli (@freddyriz) February 7, 2024 Additionally, lawyer Bill Morgan echoed Rispoli’s concerns on X, emphasizing the questionable nature of Coinbase’s actions regarding the SGB tokens. Morgan pointed out that Coinbase’s lack of agreement to participate in the SGB airdrop snapshot, which took place in 2020 and targeted participating XRP wallets, does not justify retaining or selling tokens not meant for the exchange.
Morgan suggested that were such a case brought in Australia, it could be framed as unjust enrichment, a principle that seeks to prevent one party from benefiting at another’s expense without a valid reason.
In a related development, Ripple’s Chief Legal Officer, Stuart Alderoty, highlighted inconsistencies in the regulatory stance between the SEC and Treasury Secretary Janet Yellen. Alderoty pointed out the contradiction between the SEC’s dismissal of crypto as a minor concern in the Coinbase lawsuit and Yellen’s call for legislative action to fill regulatory gaps. This ambiguity in regulatory perspectives challenges the crypto industry, seeking clarity and consistency in legal standards.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
During the previous month, the value of Flare’s native currency, FLR, has increased by more than 165%. By including XRP as an FAsset on its Songbird testnet, the Flare network will be able to include smart functionality. An airdrop reward pool consisting of $260,000 in rFLR is being offered in order to encourage the adoption of Songbird. In preparation for the launch of the mainnet, the blockchain network Flare, which was designed specifically for data, has added XRP to the FAssets on its canary network Songbird.
FAssets is a new development by Flare that offers smart-contract capabilities for blockchains like XRP, BTC, and DOGE, which do not support smart contracts. By including XRP as an FAsset on its Songbird testnet, the Flare network will be able to include smart functionality, which will enable it to demonstrate greater DeFi capabilities.
I want Flare to provide a similar service to XRP that Babylon provides for Bitcoin. I will personally pay a grant of $500k in FLR to a group that builds a fully fledged staking service for XRP on Flare (through FXRP) using Flare’s FDC to slash stake. The purpose would be to allow…
— Hugo Philion ☀️ (@HugoPhilion) December 2, 2024 The innovative bridging method that will be used for this integration is now being tested on Songbird prior to the functionality being rolled out on Flare mainnet. Once it is released, FAssets will make it possible to create robust apps that provide improved capabilities to standard crypto assets. This will be a new door that will open.
The Flare team is of the opinion that FAssets have the potential to revolutionize the way that crypto assets such as XRP and BTC are used within the ecosystem of decentralized finance. In order to offer these tokens with the same usefulness as native smart-contract assets, Flare intends to create a decentralized system that will allow for the minting, trading, and redemption of bridged assets.
An airdrop reward pool consisting of $260,000 in rFLR is being offered by the team in order to encourage the adoption of Songbird. This reward pool will serve as an incentive for agents and collateral pool participants. It is possible to get these rewards by putting the minting, redeeming, and trading processes to the test.
Audits are now being performed on these integrations, and the findings are anticipated to be available by the middle of December.
Whopping 165% increase in Flare during the previous month During the previous month, the value of Flare’s native currency, FLR, has increased by more than 165% in anticipation of the debut of FAsset. It is the 79th biggest cryptocurrency asset, with a market valuation of $1.72 billion and $3.35 of FDV.
As of right now, the price of FLR is hovering around to the $0.033 level, and the 24 hour trading volume for the cryptocurrency is $45.16 million, as per data from Coinmarketcap. FLR reached its all-time high price of $0.0797 on January 10, 2023, marking the day it was driven by bulls.
In the event that the launch of FAssets and the dynamics of the market are favorable, FLR may come back to its prior price gains and come close to breaking to a new all-time high rate. It is anticipated that the next Altseason will bring about a significant increase in the value of a variety of low and mid cap altcoins, including FLR.
An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.
This significant event signifies the next stage in the implementation of Flare Labs’ FAssets protocol. The FAssets system handled approximately 263,000 mints, 395,000 redemptions, and over 48,000 participants during the open beta. The blockchain for data, Flare, has officially introduced FXRP (tokenized XRP) on its canary network Songbird. This significant event signifies the next stage in the implementation of Flare Labs’ FAssets protocol, which is intended to allow non-smart contract cryptocurrencies like DOGE, BTC, and XRP to interact with DeFi apps.
The FAssets system handled approximately 263,000 mints, 395,000 redemptions, and over 48,000 participants during the open beta. These tests yielded insightful information on user behavior and system performance in a range of network scenarios. Before being deployed on the Flare mainnet, FXRP’s rollout on Songbird, which follows a successful beta phase, offers a number of improved features to guarantee real-world use and security.
Now that FXRP is operational on Songbird, testing moves from virtual to real-world settings, using USDX, Flare’s US Treasury-linked stablecoin, and Songbird’s native token (SGB) as collateral. The goal of this phase is to improve system usability and resilience while accurately simulating behavior in an actual network environment. The addition of an optional “handshake” method is one of the main enhancements, allowing permissioned agents to confirm the legitimacy of addresses used for minting and redeeming.
FXRP on Songbird has a $2 million issuance limit per asset to maintain controlled liquidity, among other protections to provide a transparent and controlled testing environment. In addition, Flare Labs will cover up to $300,000 in possible losses to safeguard participants during testing.
While customers may use the minting app across many platforms to prevent dependency on a single point of access, developers are able to explore the Songbird test’s settings on the Flare Developer Hub. Participants will have the chance to get retroactive rewards throughout Songbird’s testing phase, such as a $260,000 rFLR airdrop for minting and redeeming, as well as extra incentives in SGB for trading FAssets. Each asset will undergo testing for a minimum of six weeks in order to fully assess the system.
The FAssets system is a significant advancement in connecting DeFi with cryptocurrencies such as XRP, BTC, and DOGE. Through its overcollateralization model, Flare maintains high levels of security while opening up new trading, lending, and staking options by allowing these assets to communicate with decentralized apps.
FAssets minimize trust dependencies and over-leveraging concerns by ensuring that each bridging unit is backed by larger collateral value than typical custodial solutions or multisig setups. Automated liquidation methods that preserve system integrity and safeguard users further enhance this model.
The following deployment of FAssets on the Flare mainnet is made possible by the Songbird phase. Songbird will undergo extensive testing to find edge situations and improve the system so that it operates flawlessly in every situation.
Integrating non-smart contract cryptocurrencies into DeFi markets and turning them into liquid, programmable assets that can fully engage in the decentralized economy is part of Flare’s long-term ambition. With this move, Flare is one step closer to achieving its goal of being a liquidity center for integrating assets across markets worth multi-trillion-dollar.
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ghost.fun has announced the development of the first onchain marketplace for AI video influencers. The platform introduces a new category at the intersection of AI video, crypto native tokenomics, and the creator economy, enabling users to launch, customize, and invest in programmable AI video personas.
The project features Songbird (@0xSongbird) – a prototype AI video persona showcasing ghost.fun’s vision. Equal parts cultural provocateur and platform demonstration, Songbird represents what programmable influence can become: autonomous, expressive, and viral by design.
ghost.fun fuses AI video generation with performance intelligence, empowering agents to adapt in real time based on campaign results, trend data, and cultural insights. Users earn XP (experience points) for meaningful participation, from launching agents to ‘ghosting’ KOLs, prompting content, and unlocking cultural trends.
“We’re building the onchain rails for programmable media agents – AI personas that create, grow, and tokenize influence,” said Songbird. “ghost.fun is where culture and code converge.”
ghost.fun Roadmap & Vision AI-powered video agents – customizable influencers with video, voice, style, and persona, generated from a prompt or image Tokenized influence – the most popular agents on the platform will unlock their own token XP Engagement System – users can earn XP for testing and hiring agents and contributing to the ecosystem Planned Autonomous Campaigns – agents are designed to post across major social platforms including X, TikTok, and more, with no human input required Performance Intelligence Layer – designed to track agent performance, adapt output, and surface real time trends Alpha Launch June 2025 ghost.fun begins early access in June 2025 with initial platform features, expanding capabilities for creators and partners throughout the year.
About ghost.fun Backed by top creators and early partners, ghost.fun is unlocking a new frontier for programmable influence. Join the alpha at ghost.fun (https://ghost.fun/) and follow @ghostdotfun and @0xSongbird on X for updates.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Today, the Songbird (SGB) cryptocurrency exploded with an impressive 8.9% jump, making it one of the top crypto gainers that are on every crypto trader’s radar. SGB is the native token of the Songbird network, a blockchain platform serving as an omni-chain communication layer that powers universal connectivity and interoperability among on-chain protocols.
According to a revelation disclosed by market analyst PumpDumpAlert, SGB rose from a low of $0.00179 to a high of $0.00195, recording a remarkable 8.9% increase earlier today. With the rise, Songbird shows signs of rising excitement in its network, pointing out high-momentum breakout capability.
What Falling Wedge Pattern Says About Songbird Amid the ongoing volatility in the larger crypto landscape, Songbird stands out as a promising asset drawing investor interest for its potential in price pump. The analyst analyzed the latest chart dynamics for SGB and, as a result, disclosed a consolidation phase that could either bring a breakout or a further price contraction.
On the chart shared by the analyst, together with the trading pattern printed out on TradingView’s chart technical analysis, Songbird’s price action is in the formation of a falling wedge structure, a chart pattern that builds up when price action is enclosed between two downward-sloping, converging trendlines. While this structure indicates the asset’s decreasing prices (as reflected by SGB’s recent 9.2% and 26.8% price decline noted over the past week and month, respectively), interesting actions are developing in the market. Despite the contracting price range, the pattern shows that the volatility is decreasing over time, suggesting an accumulation phase is developing among market participants.
As per the analyst, the current Songbird structure indicates a historical pattern that often triggers an explosive rally. The SGB trading timeframe shows a developing long accumulation phase that traditionally brings out a clean breakout and retest to the $0.003046 resistance level from the current price, projecting an upcoming 70.2% pump.
The current price of Songbird is $0.001789. Is SGB’s Surge Speculative or Real? As highlighted above, today, February 5, 2026, the Songbird witnessed a dramatic 8.9% price surge, peaking at $0.00195 before settling at $0.001766 currently. This sharp rise ignited discussion about whether the upturn is triggered by a genuine demand or fueled by speculation.
On-chain metrics show that this significant price jump was mainly driven by increasing trading activity on the Songbird market. Data from CoinMarketCap shows that today, SGB recorded a massive 35.62% increase in its trading volume, indicating buyers are increasingly entering the market, trying to outweigh selling pressure. This rise indicates a surge in trading engagement and an increase in real user participation.
According to CoinGecko data, Songbird is one of the top interoperability coins by market cap, following the likes of PHALA (PHA), Omni Network (OMNI), Axelar (AXL), Nervos Network (CKB), Wormhole (W), and OriginTrail (TRAC).
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Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
BTC is hovering around the $61,000 mark, and altcoins are slowly turning red. June was not favorable for cryptocurrency investors. Altcoins experienced significant drops, with losses exceeding 30% in some cases, reaching the lows seen at the end of 2023. However, in July, these two altcoins might bring gains to investors.
OriginTrail (TRAC)OriginTrail is one of the lesser-known altcoins in the artificial intelligence (AI) sector. The hype in this category has brought massive gains to many cryptocurrencies. NVIDIA’s record-breaking achievements and other developments have supported price increases. Moreover, ongoing developments in the AI field could serve as stable price catalysts in the future. The only issue is which ones will be able to sustain themselves.
Last week, the price increased by 17% and hovered near its seven-day peak throughout the day. The MACD indicates that interest remains high and that the price increase could continue next month. Buying activities dominate over selling. On June 25, the MACD line intersected with the signal line, which is considered a bullish signal.
If the bulls can sustain the price increase for TRAC Coin, the rally could continue up to $0.79. Otherwise, sellers will target $0.74.
Marlin (POND)The second lesser-known and equally risky altcoin is POND Coin. This altcoin is also working on programmable infrastructure services for DeFi and Web3. Despite BTC price fluctuations, its seven-day gain increased by 10%. By reclaiming the 20-day moving average, the altcoin confirmed its short-term bullish trend.
When EMA20 is reclaimed, investors expect further price increases. Seeing such strength is positive, especially when the overall market sentiment is weak. Even SOL Coin continues in the red despite the ETF application. The importance of positively diverging altcoins is high for this reason.
If the upward trend continues, the POND Coin price could keep rising to $0.02. In the opposite scenario, it will look for new lows near $0.01. At the time of writing, BTC was at $60,850 and was trying to test its main support again after recent sales.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
NetMind AI has partnered with Marlin Protocol to add advanced verifiable computing protocols to NetMind’s ecosystem. The verifiable computing protocol includes coprocessors based on Trusted Execution Environments and Zero-Knowledge.
Read the full tweet and see the chart below:
We are excited to announce a new collaboration with @MarlinProtocol, integrating @NetMindAI's ecosystem with Marlin’s cutting-edge verifiable computing protocol, which includes TEE (Trusted Execution Environments) and ZK (Zero-Knowledge) based coprocessors.
Introducing Marlin's… pic.twitter.com/sdo3XNiHVZ
— NetMind.AI (@NetMindAI) August 5, 2024 NetMind AI is a top AI solutions provider. It delivers cutting-edge tech to users and businesses worldwide. Dedicated to developing innovative and practical solutions, NetMind.ai’s team of experts boasts extensive experience in big data analysis, machine learning, and natural language processing. It allows users access to exceptionally large-scale networks to collaborate, train and develop deep learning models and build AI applications.
More About this Partnership Between NetMind AI & Marlin Marlin Protocol is an open-source, programmable network. It aims to scale peer-to-peer (P2P) networks and host DeFi apps. The services include secure job execution, zk-based prover computations, event-driven scheduling, caching, and fast block or transaction transmissions.
This collaboration will benefit the NetMind AI community. They will get better AI, enhanced security, and increased transparency. This will create a more reliable AI-driven environment for both communities. Users will have technologies to train and run their machine-learning experiments.
They have the option of either renting computing capacity from the network to train their own models or using the pre-trained models provided by NetMind AI. Its commitment to innovation drives its ability to create new solutions to complex problems and offer its users a unique and valuable product.
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With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Marlin has collaborated with Quest Flow to improve the network’s security. The goal is to safeguard sensitive data and ensure the integrity of computations.
Marlin is thrilled to announce a partnership with @questflow, a decentralized AI agentic workflow network to enable secure, efficient, and scalable AI applications.
QuestFlow’s innovative platform empowers users to orchestrate complex AI workflows, automating tasks and… pic.twitter.com/fU87NWgk7f
— Marlin (@MarlinProtocol) August 16, 2024 Marlin Protocol is an open-source, programmable network. It aims to scale peer-to-peer (P2P) networks and host DeFi apps. The services include secure job execution, zk-based prover computations, event-driven scheduling, caching, and fast block or transaction transmissions.
Significance of this Partnership Between Quest Flow and Marlin Users can organize complicated AI processes through the revolutionary platform that Quest Flow provides. This platform automates chores and offers incentives to those who create AI agents. The necessity of having strong security and privacy measures in place to safeguard sensitive data is the driving force behind QuestFlow’s overall success. At this point, Marlin’s knowledge and experience come into play.
Quest Flow’s artificial intelligence agents are built on top of Marlin’s Oyster, a cutting-edge TEE-based artificial intelligence coprocessor that serves as the ideal basis. By utilizing Oyster, QuestFlow guarantees the integrity of calculations and protects sensitive data. Oyster enables the creation of secure and segregated execution environments for its artificial intelligence models.
When the artificial intelligence orchestration capabilities of Quest Flow are combined with the safe computing architecture of Marlin, a plethora of opportunities become available. Our vision is a future in which decentralized applications (dApps) powered by artificial intelligence may be deployed with full assurance, knowing that their data is safeguarded and their calculations can be verified.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Verida announces a strategic partnership with Marlin Protocol to empower individuals to have full control over their data. Additionally, both Fintech firms are collaborating to power the future of artificial intelligence (AI) in the form of Private AI.
🚀 Verida and Marlin: Powering the Future of Private AI
Verida is on a mission to empower individuals with full control over their data while shaping the future of Private #AI. Our partnership with @MarlinProtocol is a key step towards realizing this vision. 🧵👇… pic.twitter.com/iSpxJqyoRz
— Verida 💜 (@Verida_io) August 22, 2024 Verida, the decentralized data protection platform, breaks this news through the X platform. By collaborating with Marlin Protocol, Verida is broadening its vision to develop a decentralized ecosystem where users can manage and process their data safely and securely using AI. Through this collaboration, both firms will reshape the future of AI.
Verida Aims to Develop Purpose-Built Infrastructure for Private AI This collaboration is aimed at enabling the users to develop the Private AI Assistants for their own sake. Just like ChatGPT, a dedicated AI platform working exclusively for a specific customer according to the user’s needs. To bring this idea to life, Verida has developed a robust and reliable infrastructure.
Verida’s infrastructure includes private compute, confidential compute and the private data bridge. Verida Private Data Bridge makes it possible to transfer data from the different platforms to the Verdia vault of users. Then confidential compute of the infrastructure employs Trusted Execution Environments to develop a network of isolated and secure nodes to process data.
Confidential compute-based private compute offers control over data usage, data access and the deployment of the applications. Based on the vision and infrastructure of Verida, the Marlin Protocol is developing private AI where AI models can be trained and utilized to ensure the safety of personal data.
Chris Were, the Chief Executive Officer (CEO) of Verida, shared his remarks on this strategic collaboration. He was of the view that this partnership is of great significance as both FinTech firms are determined to make the user community confident about their data security. Moreover, he said that there has not been much in the community regarding data privacy so this collaboration will be unique of its kind.
On the other hand, Esli, the head of the Marlin Foundation, seems optimistic about this collaboration as combining their expertise and private AI will ensure the safety and security of the users’ data. This partnership makes it possible that user’s personal information will remain confidential to that person.
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Marlin has announced an exciting partnership with Three Protocol. Three Protocol is a project focused on building secure, private, and fraud-resistant tools for eCommerce. This partnership is intended to improve Three Protocol’s decentralized marketplaces, such as Jobs3, by utilizing Marlin’s optimized verifiable computing capabilities.
Marlin is excited to announce a collaborative partnership with @ThreeProtocol, a project focused on building private, secure, and fraud-resistant eCommerce tools. This collaboration aims to leverage Marlin's verifiable computing technology to further strengthen Three Protocol's… pic.twitter.com/pdXwQPtg6C
— Marlin (@MarlinProtocol) August 23, 2024 Three Protocol Leverages ZKPs for Enhanced Data Privacy and On-Chain Reputations Three Protocol incorporates ZKPs into its system using ZKi3s to enable asset owners to manage their data while creating on-chain reputations without requiring KYC measures. This solution helps users to remain anonymous while engaging in markets through decentralized platforms in a very effective way.
Marlin’s Kalypso, which is a marketplace specifically for producing ZKPs, can be incredibly valuable to Three Protocol by granting access to a plethora of reputable hardware providers. This may potentially lead to lower costs and time needed to produce ZKPs for the ZKi3s hence making the whole process more efficient and less costly.
In addition, Marlin’s Oyster platform ensures computation within Trusted Execution Environments (TEEs) This platform also offers additional benefits for Three Protocol. Oyster could be deployed to improve the security of Three Protocol’s Tri-Proof smart contracts. By performing critical computations in TEEs, Marlin’s technology might also offer an additional layer of security against possible malicious acts, potentially strengthening the protection of users’ transactions and data.
Marlin and Three Protocol to Set New Standards in Decentralized eCommerce The Marlin ZKP generation and TEE features combined with Three Protocol ZKi3s and Tri-Proof Smart Contracts offer an advanced solution to enhancing privacy, safety, and transactional speed in decentralized markets. Such collaboration should pave way for products and services that would make decentralized commerce better, safer and more convenient for end-users.
Marlin and Three Protocol welcome this tie as the two firms stand to benefit from the partnership. They consider themselves as stakeholders who are willing to delve deeper into discovering every potential that this particular alliance can bring, with the long-term vision of improving the state of decentralized eCommerce protection and privacy. These companies will seek not only to create new levels of privacy and security for participants but also establish new benchmarks for the decentralized economy’s speed as it continues to expand.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Marlin is an open protocol that provides high-performance programmable network infrastructure for DeFi and Web 3.0. Nodes in the Marlin network, called Metanodes, run MarlinVM, a virtual router interface that allows developers to deploy customized overlays and perform edge computations.
The native service token of the Marlin platform, POND, is used for the following use cases:
Running validator nodes in the network through stakingMaking governance proposals and voting to determine how network resources are allocatedAppointing a range of network performance auditors and compensating users from an insurance fund.Marlin aims to fulfill the promise of a decentralized web where applications secured via blockchain are indistinguishable in performance for users accustomed to Web 2.0.
Marlin is one of the few Layer 0 projects focused on network layer optimizations. Similar to Filecoin, which promotes IPFS, Marlin claims to be an incentivized equivalent to libp2p. This makes Marlin ubiquitously ready in the decentralized web, as any peer-to-peer application relies on network formation among distributed nodes.
Therefore, Marlin is blockchain-agnostic. It offers network gateways for several Layer-1 and Layer-2 platforms. Unlike other scaling solutions suffering from the scalability trilemma where performance, decentralization, or security is sacrificed, improvements at the network layer are mainly not subject to such constraints governing the consensus layers.
On the other hand, the execution correctness of Marlin smart contracts built on top of Ethereum is protected by the Ethereum node network.
Marlin is the brainchild of developers Siddhartha, Prateesh, and Roshan, all of whom have extensive experience in peer-to-peer networking.
Siddhartha, responsible for the development of Zilliqa, the first high-efficiency blockchain using sharding in production, has experience working at Microsoft and Adobe and is the author of 2 US patents. Prateesh is a Ph.D. candidate at the Massachusetts Institute of Technology (MIT) focusing on Computer Networks, and Roshan, an open-source enthusiast, has contributed to the Boost C++ libraries.
How to Buy Marlin Coin?POND Coin can be purchased quickly and securely via Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy POND Coin, one must first register with Binance and then send fiat money. Following the transfer of a fiat currency like the the dollar, a purchase transaction can be made in the Bitcoin (BTC), BUSD, and Tether (USDT) POND trading pairs in which POND Coin is traded.
In addition, on Binance, users can place an order to buy at a lower value than the market price by using the Limit tab. This requires entering the amount you want to buy and the price you want to pay.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
