It’s All About Crypto Blog
Tether launches USDT on Bitcoin Lightning Network
Tether has announced the launch of USDT stablecoins on the Lightning Network using the Taproot Assets protocol. This marks Tether's third attempt to integrate USDT tokens into the Bitcoin ecosystem: * In 2014, these tokens were issued on the Bitcoin blockchain using the Omni Layer tokenization protocol * In 2019, USDT tokens were also issued on Liquid...
El Salvador Moves Away from Bitcoin Mandate
It seems that El Salvador has finally passed a law repealing the mandatory acceptance of Bitcoin as payment. When the IMF announced that it had reached an agreement with El Salvador to end the Bitcoin requirement, and the president's Bitcoin office director wrote on X that Bitcoin remains legal tender, I initially thought either El Salvador was...
Ice Open Network Officially Launched Its Mainnet
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...
A deep dive into Venice AI's token launch & why it raises concerns
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...
Bitcoin for Everyday Payments in Thailand? It's Possible
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...
Blockchain for Public Spending: An Idea Revived
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...
Why Do AI Agents Need Cryptocurrency?
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 U.S. Reserve: Prosperity or Crypto Seizure?
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...
Are Politician Tokens the Future of Bribery?
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...
Bitcoin and Meme Coins: A Surprising Comparison
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...
