Author: driver789

JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening an ongoing debate over U.S. crypto legislation.In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who pulled support for the proposed CLARITY Act just one day before the Senate Banking Committee was scheduled to vote on it. Dimon argued that there needs to be a line between rewards paid on transactions and interest paid on stored balances.“Rewards are the same as interest,” Dimon said. “If you are going…

As major tech firms from traditional finance focus on building closed artificial intelligence (AI) systems, the BNB Chain is now releasing production-ready “skills” designed specifically for autonomous AI agents, enabling them to operate directly on blockchain infrastructure rather than through centralized intermediaries. These newly deployed capabilities allow AI agents to access live on-chain data, execute real transactions, manage wallets independently, and establish permanent on-chain identities using the ERC-8004 standard, or “Trustless Agents.”  BNB Chain Advances Agent Economy With these Ethereum-standard tools, AI agents can implement automated trading strategies, rebalance portfolios, participate in decentralized governance, and conduct continuous data analysis.  In…

Bermuda’s disciplined path to an onchain economy When Bermuda announces its ambition to become the world’s first fully onchain national economy with support from Circle and Coinbase, you could picture a dramatic, quick overhaul. However, that is not the case.To be a fully onchain economy, Bermuda has not taken a hard route, which might involve instantly building government services and pushing merchants to accept digital payments. Instead, the island is following a cautious path of well-thought-out, regulated innovation in finance.The island intends to begin with carefully designed pilots. It will work through licensed and supervised institutions, share the results with…

Bitcoin is the largest pool of pristine collateral in the world. It is scarce, globally settled, politically neutral, and cannot be diluted. Few assets combine monetary premium and liquidity at this scale. Yet borrowing against bitcoin remains expensive, fragmented, and short-term. That mismatch is not primarily about volatility. It is about market structure. BTC-backed lending exists. But BTC-backed credit markets, in the mature sense, largely do not. Loans Are Not Markets If you post BTC as collateral and borrow dollars, the mechanics are simple. Bitcoin is locked. Cash is advanced. If the loan deteriorates, the BTC is liquidated. That is…

OpenAI Abandons SWE-bench Verified After Finding 59% of Failed Tests Were Flawed – BitRss – Crypto World News Blockchain News 23 minutes ago 7 OpenAI reveals major contamination issues in SWE-bench Verified benchmark, showing frontier AI models memorized solutions and tests rejected correct code. (Read More) BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage Analysis OpenAI Abandons SWE-bench Verified After Finding 59% of Failed Tests Were Flawed BitRss World Crypto News | Market BitRss | Short Urls Design By New Web | ScriptNet

SoFi Technologies has partnered with Mastercard to enable settlement in its dollar-backed stablecoin, SoFiUSD, across Mastercard’s global payments network, allowing issuers and acquirers to settle card transactions using a bank-issued digital dollar.Under the agreement, SoFi Bank N.A. plans to settle its own Mastercard credit and debit transactions in SoFiUSD, while SoFi’s payments technology platform Galileo will give client banks and card issuers the option to use the stablecoin for transaction settlement across the number two processor’s network.The company said SoFiUSD is the first stablecoin issued by a US nationally chartered and insured deposit bank on a public, permissionless blockchain and…

Ethereum price faces $2,000 support as exchange withdrawals surge to the highest level since November, indicating potential shifts in market supply and momentum. Summary Ethereum trades at $2,001, down 4.3% in the last 24 hours. Exchange withdrawals hit 31.6M ETH in February, highest since November. $2,000 support is critical; break below risks $1,850, upside targets $2,300–$2,400. Ethereum (ETH) is trading at $2,001 at press time, down 4.3% in the past 24 hours. The seven-day range stands between $1,841 and $2,099. ETH is still up 7.7% over the past week but down 14% in the last 30 days. From its August…

SAN FRANCISCO, CA – For years, the crypto industry has searched for its next breakout moment — something on the scale of DeFi summer or the NFT boom. Meanwhile, artificial intelligence has quietly embedded itself into daily life. Developers use ChatGPT as a co-pilot. Consumers rely on AI assistants to draft emails, plan travel, and increasingly manage workflows. Crypto, by comparison, still feels infrastructural.Illia Polosukhin, co-founder of NEAR, believes that divide is about to collapse — but not in the way many expect.“The users of blockchain will be AI agents,” Polosukhin said in an interview. “AI is going to be…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum founder Vitalik Buterin has provided an update on plans for account abstraction. Given the progress they have made so far on this feature, he stated that it could go live within a year under the Hegota upgrade.  Vitalik Buterin Provides Update On Ethereum Account Abstraction In an X post, Vitalik Buterin noted that they have made progress with the account abstraction proposal, which they have been working on since early 2016. There is now the EIP-8141 proposal, which the Ethereum co-founder said solves every remaining problem…

Currently sitting under $1.5, the XRP price is projected to reach $100, representing a more than 6,500% increase. While this bullish forecast may seem ambitious given the cryptocurrency’s low price and slow growth over the years, analysts and market participants still believe a surge to $100 is inevitable. They base their outlooks on the expansion of the tokenization industry, predicting that such growth could become a catalyst for XRP, which recently entered this new and thriving market via its XRP Ledger (XRPL). Tokenization Growth To Fuel $100 XRP Price In a recent analysis report, market expert X Finance Bull made…