It’s All About Crypto Blog
UAE Ministry of Energy & Infrastructure is adopting ShibOS
The Shiba Inu team announced that the UAE Ministry of Energy and Infrastructure will use ShibOS, an operating system developed within the Shiba Inu ecosystem, to build national Web3 infrastructure. A bold statement from the Deputy Minister was published on shib.io: "This partnership represents a pivotal moment in our journey toward redefining government services." I’ve already pointed out that...
CZ vs. Bitcoin Block Space: A Plot Twist
When CZ recently wrote on X, stating "You need bitcoin more than bitcoin needs you," he noted that it was an unpopular opinion. I'm not sure why he considers this idea unpopular. In Bitcoin circles, similar sentiments are quite common. One key argument is that blockchain space is already insufficient for new user transactions. Over the past...
AML Terrorism: The Dark Side of Transaction Monitoring
Have you ever considered whether the cryptocurrency you receive from a stranger might be “tainted” — previously associated with criminal activities? Many customers of the Rabbit Swap share this concern. If cryptocurrency is flagged as “tainted” by specialized transaction monitoring systems, using it becomes extremely difficult. Recipients can check all incoming transactions using these systems...
THORChain's $199M debt crisis just got interesting
A week ago, the THORChain protocol team suspended lending and deposit activities on the THORFi platform. According to BlockBeats, the platform had accumulated $199 million in debt, and any significant withdrawal of assets could have triggered a collapse. While the community was quick to write THORChain's obituary, the team came up with an elegant solution: debt tokenization. On one...
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...
