Ice Open Network officially launched its mainnet yesterday. Looking at their blockchain, there's nothing particularly groundbreaking. Technically, it's a chain running on the TON Virtual Machine, making it very similar to TON. All applications that work on TON can be integrated into the new ION blockchain. From a broader perspective, this isn't revolutionary either. There...
Let's circle back to the news mentioned in my previous post about the language model wrapper that launched its own token. Here's what's happening. Venice.ai is a platform providing access to several language models including Llama, Dolphin, Qwen, and DeepSeek. The project recently: * Launched its token VVV on the Base platform * Got it listed on Coinbase...
Among the flood of news about yet another AI language model wrapper issuing its token – which, predictably, grants no actual rights or utilities (and why would it? Why bother issuing shares and giving investors a stake in the business when you can just mint tokens, run no actual business, and bear no responsibility to investors?) – it's refreshing to come...
There's been a lot of talk lately about how governments are changing their stance on cryptocurrencies and the technologies behind them. I see one sign of this shift in the return of an idea I last came across back in 2012: * The U.S. Department of Government Efficiency is exploring blockchain for public spending. * Binance founder CZ suggested that...
No, my question isn’t about why developers of AI agents issue tokens related to them. That part is relatively straightforward. As with many other cryptocurrency projects, tokens primarily serve one purpose: to be sold for raising funds from people interested in the project. This trend dates back to the ICO boom of 2017. What I want to discuss...
The founder of the money transfer service Strike claimed that Ripple is lobbying against the idea of a U.S. strategic Bitcoin reserve. He frames it as Ripple opposing prosperity, freedom, and Bitcoin itself. But what does the concept of a Bitcoin reserve - which once seemed so promising - actually look like today? First of all, the U.S...
Vitalik Buterin recently pointed out that tokens tied to politicians could serve as tools for bribery. But I think it’s not that straightforward. Let’s take the $TRUMP token as an example: 80% of the supply is concentrated in the issuer’s address, and the issuer is likely connected to the politician or even fully controlled by him. If someone were to...
Peter Schiff stated that Bitcoin is a meme coin. A week prior, I made a similar observation in my Medium article: "Meme tokens are the new Bitcoin." However, this doesn’t mean I fully agree with Schiff. There are a few key consumer-oriented qualities where Bitcoin and meme coins are indeed quite similar: * Transparency: Both satisfy my...
Telegram has introduced new rules for crypto mini-applications. From now on, all mini-apps dealing with cryptocurrencies must exclusively use The Open Network (TON) blockchain. This change affects many players in the crypto space. Multichain wallets, such as OKX Wallet with nearly 4 million users, will lose some of their functionality since links to external apps for...
The DEFAI trend (DeFi + AI) is gaining traction in crypto. It revolves around AI agents helping users unlock DeFi opportunities, with their most sought-after feature being investment advice. Unlike human analysts, who often add disclaimers like “Not financial advice. Do your own research,” AI can offer clear entry and exit strategies without disclaimers. The leading DEFAI agent...