Tag:

OnChain

16:9 Melbourne, Australia (Daniel Bone/Pixabay)

Grvt Raises $19M to Bring Privacy and Scale to Onchain Finance

by admin September 19, 2025

Grvt (pronounced “gravity”), a decentralized exchange (DEX) focused on privacy in on-chain finance, has raised $19 million in Series A funding.

The round was co-led by ZKsync, its foundational technology partner, along with Further Ventures, EigenCloud (formerly EigenLayer) and 500 Global, the company announced via email on Thursday.

Built on the ZKsync Validium L2, Grvt uses zero-knowledge (ZK) proofs to ensure transactions inherit Ethereum-level security while keeping trade details private and settlement costs low. The company says this architecture addresses long-standing barriers to mainstream adoption of on-chain finance: privacy, scalability and accessibility.

ZK technology is a cryptographic method in which one party can demonstrate to another that a certain piece of information is true, without revealing anything about said information. This is an important facet of blockchain-based finance as it allows users to verify transactions and transfers without revealing anything about the sender, receiver, amount.

“Privacy is uncompromising for the future of on-chain trading and investing,” said co-founder and CEO Hong Yea, adding that Grvt aims to set the standard for how zero-knowledge cryptography powers financial markets.

The raise comes amid a resurgence in Ethereum activity, with August’s on-chain volume topping $320 billion, its highest since mid-2021. Backers see Grvt as a potential liquidity hub for a trillion-dollar on-chain finance market, with applications spanning cross-exchange vaults, cross-chain interoperability, real-world assets, and structured options, according to the announcement.

Source link

September 19, 2025 0 comments

Coinbase CEO wants 50% of the platform written by AI

Crypto Trends

Coinbase launches onchain USDC lending with up to 10.8% APY

by admin September 19, 2025

Coinbase is deepening its decentralized finance push with the launch of onchain lending for USDC directly within its app.

Summary

Coinbase has unveiled onchain USDC lending with yields up to 10.8% APY.
Integration with Morpho on Base allocates funds across lending markets via smart contract wallets.
Rollout starts in select regions, expanding access to DeFi without leaving the Coinbase app.

Coinbase has rolled out an onchain lending feature for USDC, allowing users to earn yields as high as 10.8% directly through its app.

The integration, announced on Sept. 18, connects to the Morpho (MORPHO) lending protocol on Base, Coinbase’s Layer 2 network. When a user deposits USD Coin (USDC), Coinbase automatically generates a smart contract wallet that routes funds into Morpho vaults curated by Steakhouse Financial.

To maximize profits, these vaults distribute capital among lending markets. Interest starts to accrue immediately, and as long as there is liquidity, users can withdraw at any moment.

Expanding USDC utility

The rollout builds on Coinbase’s existing USDC Rewards program, which currently offers up to 4.5% APY for holding the stablecoin. By tapping into permissionless markets via Morpho, the new service provides yields more than double those rewards while keeping the familiar Coinbase interface.

The feature is initially available to users in the U.S. (excluding New York State), Bermuda, Hong Kong, the United Arab Emirates, New Zealand, the Philippines, Taiwan, and South Korea. Coinbase said broader access will follow in the coming weeks.

Morpho currently secures more than $8 billion in total value locked, highlighting demand for decentralized lending. Through this integration, Coinbase will serve as a gateway to these markets, enabling retail users to access on-chain yields without having to deal directly with complex DeFi protocols.

Building a USDC utility ecosystem on Coinbase

In 2025, Coinbase has gradually increased the range of USDC-linked services it offers. It launched USDC loans backed by Bitcoin in January, later increasing the limit to $1 million. The exchange has also expanded USDC integrations into derivatives, NFTs, and even AI-driven payments, creating what it describes as a “flywheel” effect for adoption.

USDC is still one of the most liquid and extensively used stablecoins, with over $73 billion in circulation. Coinbase’s onchain lending feature adds another use case, strengthening its bet that stablecoins will anchor mainstream adoption of crypto finance.

Source link

September 19, 2025 0 comments

GameFi Guides

BNB Chain hits record monthly users as on-chain activity explodes

by admin September 18, 2025

Summary

BNB Chain reached 51.6 million monthly active addresses on Sept. 17, with fees and revenue up more than 23% in the past month.
The surge comes as Binance founder Changpeng Zhao plans a $1 billion BNB Treasury Company to support top institutional projects.
The BNB token hit $1,000 on Sept. 18, amid speculation about Zhao’s possible return to Binance.

BNB Chain saw record activity with 51.6 million monthly addresses alongside rising revenue over the past month. BNB hit $1,000 as Zhao outlined plans for a $1 billion Treasury Company, fueling rumors about his return to Binance.

BNB Chain, the blockchain behind Binance‘s native token (BNB), reached a new milestone on Sept. 17, when monthly active addresses hit 51.9 million, surpassing a previous all-time high recorded in September 2024, according to Token Terminal data.

BNB Chain’s active users monthly | Source: Token Terminal

The surge in activity comes alongside growth in network metrics, as over the past 30 days, fees collected on the chain reached $13.2 million, a more than 24% jump compared with the previous period, while revenue reached $1.4 million, up 23%, indicating that more users are interacting with the network.

BNB Chain’s transaction count weekly | Source: Token Terminal

By transaction count, BNB Chain also keeps reinforcing its position in the top three layer 1 networks, according to Token Terminal. While Internet Computer leads with 412.2 billion transactions, Solana follows it at 354.5 billion, and BNB Chain with the transaction count at 9.2 billion.

As of September, the network supports over 1,095 projects across sectors, including DeFi, gaming, and NFTs, with the total value locked in in BNB Chain standing at $7.68 billion, still down around 65% from 2021’s peak.

Speaking with crypto.news, Marwan Kawadri, DeFi lead and head of EMEA at BNB Chain, attributed the growth to a big user base of 4 million daily active users and more than 625 million unique addresses, as well as deep global liquidity with more than $11 billion in TVL and stablecoin circulation.

Kawadri added that the team is now aiming to reach a “CEX-like experience” so that transactions “will be confirmed in under 150 milliseconds.”

“Overall, BNB Chain is targeting to become a settlement layer and financial infrastructure for all assets, it will not be specifically limited to any particular trading scenario. The direction and initial form of this chain are still continuously evolving, and we will explore and build this together with the community.”

Marwan Kawadri

The growth in on-chain activity coincides with a rise in BNB’s market value as the token recently hit a new all-time high of $962. Part of this momentum seems to be tied to announcements from Binance founder Changpeng Zhao, who outlined plans for the upcoming BNB Treasury Company in an interview with Leon Lu, founder of B Strategy.

As crypto.news reported earlier, Zhao described BNB as a “true utility coin,” highlighting its multi-chain compatibility and its use across trading discounts, yield generation, launch pools, launchpads, and the Binance Alpha ecosystem. He also emphasized BNB’s role across both centralized and decentralized platforms, including cross-border payments and dApps worldwide, noting that the ecosystem has untapped potential in regions such as Southeast Asia, Europe, the Middle East, and Africa.

Back as CEO

The planned BNB Treasury Company is expected to raise $1 billion with backing from YZi Labs. Zhao said the initiative will target institutional demand, focusing support on strong, well-positioned projects. “We’ve been approached by probably more than 50 companies for BNB specifically…we will only do that to a very small number of DAT companies. Basically, the very top, strong ones,” Zhao said in the podcast.

Speculation about Zhao’s possible return to Binance has also grown. On Sept. 17, the Binance founder updated his X profile, changing it from “ex-@binance” back to “@binance.” Zhao stepped down as CEO nearly two years ago following a $4.3 billion settlement with the U.S. Department of Justice in November 2023 over anti-money laundering violations.

Reports also suggest that the DOJ may soon lift compliance restrictions on Binance, which has fueled rumors about his potential return, though Zhao has stated he does not plan to resume the CEO role.

Data from crypto.news shows BNB hit an all-time high of $1,000 on Sept. 18, setting a new historical milestone for the BNB Chain ecosystem. As of press time, the token is up 3.7% in the past 24 hours, trading around $989, and it has risen over 10% over the past week.

Source link

September 18, 2025 0 comments

Crypto Trends

Grvt raises $19m to drive privacy-first onchain finance, eyeing $trillion markets

by admin September 18, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Grvt raises $19m Series A to advance its ZK-powered DEX, tackling privacy, security, and scalability in onchain finance.

September 18, 2025 – Panama City, Panama – Grvt, the preeminent DEX (decentralized exchange) for onchain financial privacy that is powered by zero-knowledge (“ZK”) technology, today announced the close of a $19 million Series A funding round.

This investment strengthens Grvt’s pioneering position as the global blueprint for the future of finance, accelerating its mission to disrupt the fragmented onchain finance ecosystem by addressing longstanding industry challenges, including privacy vulnerabilities, security, scalability and accessibility.

As Wall Street embraces blockchain technology, the next chapter of global finance is being written, and it’s happening onchain. In August, Ethereum‘s onchain volume reached over $320 billion, its highest level since mid-2021. Research also projects the DeFi sector to surge from $32.36 billion in 2025 to over $1.5 trillion by 2034.

However, this potential remains untapped due to critical concerns raised by a surge of issues on decentralized platforms. These issues include “whale hunting”, where large trades are front-run or exploited by sophisticated actors scanning the mempool. Such tactics lead to billions in annual losses from maximum extractable value (MEV) attacks and other manipulative tactics. Further challenges include smart contract exploits, compliance hurdles on public chains, a siloed onchain ecosystem, and a lack of ease of use for everyday people.

Grvt is the only player in the field with a solid head start and tech infrastructure to change that. The Series A round was co-led by Grvt’s foundational technology partner ZKsync; Further Ventures, a leading capital markets infrastructure investment firm based in Abu Dhabi, which also led the strategic investment round into Grvt (deal closed last December); EigenCloud (fka EigenLayer), a verifiable cloud platform that lets developers build any application; and 500 Global (formerly 500 Startups), a venture capital firm with $2.3B in AUM investing in founders with a global outlook building fast-growing startups.

Majority of the funds raised will accelerate Grvt’s multi-pronged product strategy, designed to serve both active traders and passive investors. This unique approach is absent from the current exchange scene, solidifying Grvt’s unrivaled position to dominate and unify the fragmented onchain financial landscape and bring it to mainstream. Key pipelines include:

Fixed Yield Generation Flywheel: An industry-first yield vehicle that lets users effortlessly move funds between their funding, trading, and vault accounts, and maximize returns.
Infrastructure: Keep strengthening Grvt’s privacy-by-default infrastructure which is lacking in the industry.
Stablecoin-Enabled System: A robust stablecoin business foundation, including cross-exchange vaults and real-world asset (RWA) integrations.

The remaining funds will fuel community initiatives and talent acquisition to drive global expansion.

Hong Yea, co-founder and CEO at Grvt, commented: “Onchain finance has been held back by privacy gaps that expose users to exploitation. By building a privacy-driven, scalable, and trustless DEX that offers a wide array of structured products, Grvt exemplifies how ZK-powered solutions will become the new normal for everyone, realizing the vision of an open and secure onchain finance world.”

Alex Gluchoski, co-founder and CEO at Matter Labs, commented: “We believe ZK is the ‘HTTPS moment’ for crypto. Just as HTTPS took the internet mainstream by adding a layer of trust and privacy, ZK will do the same for Web3. Grvt is uniquely positioned to be the most liquid and impactful application layer to help realize this vision, their dedication and progress excellently demonstrates how ZK can bring onchain finance to mainstream.”

Faisal Al Hammadi, Managing Partner, Further Ventures, “Further Ventures is committed to backing the next generation of financial infrastructure from Abu Dhabi to the world. Grvt’s application of zero-knowledge proofs demonstrates how cutting-edge cryptography can underpin markets at institutional scale, and we are proud to support their vision for a truly borderless financial system.”

Sreeram Kannan, Founder and CEO at Eigen Labs, “Verifiable data powers verifiable compute, and with EigenDA now at 100 MB/s, the bottleneck has shifted from data to compute. Grvt is tackling that frontier head-on. Their ambitious vision is matched by the caliber of their team, and we’re thrilled to back them alongside ZKSync in bringing onchain finance to cloud scale with the security and privacy it requires.”

Min Kim, General Partner at 500 Global, commented: “We believe the next frontier of finance will be built onchain, and privacy is a foundational element to unlock its full potential. Grvt’s vision of combining ZK technology with institutional-grade infrastructure aligns strongly with our thesis of backing global founders who are re-architecting core financial systems. We’re excited to partner with Grvt as they set a new standard for secure, private, and accessible onchain markets.”

A collective charge to lead and consolidate onchain finance

By implementing zero-knowledge technology and integrating with the ZKsync technology which has been explored in proofs-of-concept by leading institutions like Deutsche Bank, UBS and more, Grvt is uniquely positioned as a blockchain-native global blueprint for what ZK is able to achieve for finance, making everyday trading and investing secure, fast, private, and accessible. This is how the ZKsync Stack helps solve key bottlenecks when bringing finance onchain:

Privacy: Grvt runs a ZKsync Validium L2 blockchain that validates L2 state without publishing it, thereby ensuring privacy, an issue that has long plagued most DeFi protocols.
Ethereum-level Security: With ZK proofs, L2 transactions inherit Ethereum-level security. Every batch of transactions is verified directly on Ethereum, this means that even though transactions are processed off-chain for speed and low cost, their validity is mathematically guaranteed. If any transaction were invalid, the proof would fail and Ethereum would reject it.
Scalability: The ZKsync Stack improves scalability by operating as a L2 solution, enabling the processing of significantly more transactions than Ethereum’s base layer.
Accessibility: ZKsync technology makes transactions cheaper by handling them off-chain in bulk and only posting the essential proofs to Ethereum’s base layer, cutting settlement costs dramatically.

As a key investment arm of Abu Dhabi’s strategic push into the blockchain space, Further Ventures’ co-leadership of the Series A round consolidates its leading position as a critical force in shaping onchain finance globally.

As one of the fastest-growing developer ecosystems in crypto, EigenCloud’s EigenDA, the #1 data availability solution for Ethereum rollups, provides Grvt with the scale and security needed to operate at cloud speed. By anchoring data to a decentralized validator network, EigenDA ensures that Grvt’s ZK stack remains both verifiable and scalable.

Looking ahead, Grvt will also tap into EigenDA’s programmable privacy features, which resolve the long-standing paradox between data availability and privacy. This breakthrough allows Grvt to combine data availability with privacy guarantees, an achievement once thought impossible.

Looking ahead

Building on Grvt’s innovative foundation, which has already delivered several industry firsts – such as a 1 bps maker fee rebate for all maker orders (a benefit traditionally reserved for institutions) – the immediate next step is the launch of our fixed-yield product. This product will ensure a 10% interest rate return for all users. We will also introduce our flagship market-making strategy, the Grvt Liquidity Provider (GLP), a fund strategy that provides high double-digit APRs, which was once inaccessible to retail traders.

Amid the industry’s rapid growth, this funding round establishes a robust, multi-layered foundation. It combines cutting-edge technology, institutional-grade infrastructure, and a secure data framework to create a platform that solidifies its strong position in the increasingly crowded onchain financial space.

About Grvt

Grvt (pronounced “gravity”) is an onchain financial platform built on the ZKsync Stack that ensures private, trustless, scalable and secure infrastructure. Through its decentralized exchange (“Grvt Exchange”) and investment marketplace (“Grvt Strategies”), Grvt enables everyday people to trade, invest, and grow wealth transparently alongside world-class professionals.

For more information, visit the official website.

For media inquiries, contact: [email protected]

Social and Community: X, LinkedIn, Telegram, Discord

About ZKsync

ZKsync is the pioneering ZK technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables the Elastic Network—an ever-expanding network of customizable chains.

Your gateway to the accelerating digital economy, ZKsync is used by leading banks, institutions, and companies to future-proof their financial infrastructure. Built on Ethereum, ZKsync delivers the privacy, scalability, and compliance needed to issue assets, power payments, and launch new financial products—giving you a secure foundation to grow with confidence.

About Further Ventures

Further Ventures builds and invests in companies shaping the future of financial markets. Through a global platform rooted in emerging economies, Further connects next-generation financial infrastructure with global capital markets. Our portfolio companies enable institutional partners to securely store and transfer assets, trade structured products, secure decentralized networks, tokenize funds, and settle complex transactions with trustless precision.

From San Francisco to Hong Kong, founders choose Further as their institutional co-founder of choice. We make concentrated capital commitments, collaborate closely with regulators, and bring deep domain expertise to build category-defining companies at the frontier of finance.

For more information, visit the official website.

Media inquiries: [email protected]

About EigenCloud

EigenCloud is a developer cloud platform that lets developers build any application onchain or offchain, with cryptoeconomic trust. It is powered by the EIGEN token and secured by Ethereum; it unifies data, compute, and verification into a single developer experience, making anything verifiable onchain.

About 500 Global

500 Global is a venture capital firm with $2.3 billion in assets under management that invests early in founders building fast-growing technology companies. Since its inception, 500 Global has backed over 2,700 companies across 80+ countries, including 51+ unicorns such as Credit Karma, Canva, Grab, Bukalapak, GitLab, Solana, and Udemy. With a team of more than 190 professionals representing 25 nationalities, 500 Global is committed to uplifting people and economies around the world through entrepreneurship.

Disclaimer: Grvt Strategies: Grvt provides technology solutions and smart contract infrastructure for digital asset management but does not offer financial, investment, or advisory services. Grvt does not endorse, recommend, or guarantee the performance or suitability of any investment strategies made available through the Strategies platform. All investment strategies are developed and managed independently by third-party strategy providers. Grvt does not assume any responsibility or liability for the performance of such strategies or any losses incurred by users. Users are solely responsible for evaluating and accepting the risks associated with any investment decisions made through the Strategies platform.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

Source link

September 18, 2025 0 comments

NFT Gaming

Tristan Thompson Taps Somnia to Bring Basketball Fandom On-Chain

by admin September 18, 2025

NBA champion Tristan Thompson is teaming up with Improbable CEO Herman Narula and co-founder Hadi Teherany to roll out a new web3 experience designed to reinvent basketball fandom for the digital era.

The project, named basketball.fun, will debut in October ahead of the NBA season and will attempt to gamify the way fans interact with players and games, Thompson announced.

It has been developed on Somnia, a layer 1 blockchain that went live at the start of this month, already notching billions of dollars worth of trading volume in its first two weeks.

“This is how we experience moments together, it’s not just about basketball,” Tristan Thompson said in a press release. “We’re creating something for the fans that lives beyond the game, where your presence, passion, and play actually matter.”

Tokenized NBA players

Unlike traditional fantasy sports or fan tokens, the platform will tokenize NBA players with values that fluctuate in real time based on sentiment and performance. Fans will be able to assemble rosters, speculate on rising talent, and earn rewards tied to their predictions and engagement.

“The way fans value and perceive players should be different than owners and news networks,” Teherany said in an interview with CoinDesk. “We’re trying to give power back to the fan — not just to predict who they think is great, but to actually earn incentives from it. Imagine being able to prove that the fan consensus on a rookie’s potential is more accurate than a team’s front office.”

Teherany stressed that the app won’t launch with a native token, distancing itself from projects like Socios that hinge on token price. Instead, players will hold in-app value that reflects fan sentiment and game outcomes.

Why Somnia, Not Solana?

Asked why the team chose to build on Somnia instead of more established chains like Solana or Avalanche, Teherany pointed to both relationships and philosophy.

“Everything in this industry comes from authentic relationships,” he said. “When we met Herman Narula, it was an alignment of vision. He’s not chasing short-term token hype but is committed to building sports and entertainment on-chain for the long term. That gave us confidence that this wouldn’t just be valued on market speculation.”

The decision also came after lessons learned from a previous project, TracyAI, which Teherany said became too dependent on token performance. This time, the focus is on infrastructure, gamification, and sustainability.

Somnia’s Technical Edge

Somnia went live on Sep. 2, following a six-month testnet that processed over 10 billion transactions and onboarded 118 million wallets. Backed by UK-based metaverse company Improbable, the network is positioning itself as the fastest EVM-compatible chain, claiming to handle more than one million transactions per second with sub-second finality.

At launch, Somnia onboarded 60 validators, including Google Cloud, and has integrated with protocols like LayerZero, Sequence, and Thirdweb. Its native token, SOMI, has nearly doubled in value since launch and is already processing billions in daily volume.

For Teherany, Somnia’s traction adds credibility: “They’ve done billions in daily volume, bigger than some of the major exchanges. That’s a testament to what they’re building—and what we’re building on top of it.”

Road to Tip-Off

The project’s first major reveal is scheduled for Korea Blockchain Week, where Thompson will share his vision alongside Narula and Teherany. Attendees of Somnia House, the network’s flagship side event in Seoul on September 23, will get an early look at the app and roadmap.

“We want to make this as approachable as possible,” Teherany said. “The blockchain layer should feel invisible. Whether you’re a crypto native or just a basketball fan, you’ll be able to join, play, and help define the narrative of the sport.”

Source link

September 18, 2025 0 comments

Crypto Trends

On-Chain Capital Markets and Agentic Finance Are Coming

by admin September 13, 2025

U.S. SEC Chair Paul Atkins said crypto’s time has come, pledging to modernize the U.S. securities rulebook and expand “Project Crypto” to bring markets on-chain.

Speaking in Paris on Sept. 10 at the OECD’s inaugural Roundtable on Global Financial Markets, Atkins said the SEC is shifting away from enforcement-driven policymaking and will provide clear rules for tokens, custody, and trading platforms. “Policy will no longer be set by ad hoc enforcement actions,” he said, calling the new approach “a golden age of financial innovation on U.S. soil.”

Atkins said most tokens are not securities and promised bright-line rules for determining when crypto assets fall under SEC oversight. He said entrepreneurs must be able to raise capital on-chain without “endless legal uncertainty” and pledged a framework for platforms that integrate trading, lending, and staking under one license. Custody rules will also be updated to allow investors and intermediaries multiple options.

The SEC chair said Project Crypto would clear the way for tokenized securities, new on-chain asset classes, and decentralized finance software, while ensuring investor protections. He also highlighted the potential for “super-app” trading platforms and stressed the importance of keeping innovation in the United States.

Atkins first unveiled Project Crypto on July 31, 2025, in Washington, framing it as the SEC’s “north star” in supporting President Trump’s goal of making the U.S. the world’s crypto hub. His Paris remarks expanded on that agenda, outlining more details on custody, capital formation, and platform rules.

Atkins’ remarks came two days after Nasdaq President Tal Cohen posted on LinkedIn that tokenization is an “extraordinary opportunity” for global markets. Cohen said Nasdaq had filed with the SEC to enable trading of tokenized securities, underscoring how major institutions are moving toward blockchain adoption.

Beyond crypto, Atkins addressed foreign company listings, accounting standards, and European regulation. He raised concerns over “double materiality” in EU reporting laws, urged stable funding for the IASB, and said the SEC may revisit its 2007 decision to allow IFRS without reconciliation to U.S. GAAP if funding issues persist.

The SEC chair also highlighted artificial intelligence as a force that could fundamentally reshape financial markets. He described a shift toward “agentic finance,” where autonomous AI systems could execute trades, allocate capital, and manage risk at speeds no human can match, with compliance embedded directly into their code.

Such systems, he said, could deliver faster and cheaper markets while opening advanced strategies to a broader set of investors. Coupled with blockchain infrastructure, these tools could empower individuals, increase competition, and unlock new growth.

Atkins cautioned, however, that regulators must provide “commonsense guardrails” without overreacting out of fear. He argued that on-chain capital markets and AI-driven finance are on the horizon, and that America must choose leadership to ensure the next generation of financial innovation takes root at home.

Atkins concluded by saying regulators must strike a balance between innovation and investor protection. “Crypto’s time has come,” he said, adding that U.S. markets should lead the next wave of financial innovation rather than watching it unfold overseas.

Source link

September 13, 2025 0 comments

NFT Gaming

Story launches IP Vault for programmable access to onchain IP data

by admin September 12, 2025

Story Foundation has announced the launch of secure on-chain storage space for intellectual property-focused assets to offer programmable access and monetization.

Summary

Story Foundation has announced upcoming launch of IP Vault, an onchain storage feature for sensitive intellectual property content.
Vault will go live later this year with a devnet before a testnet and mainnet launches in 2026.

Story Protocol, which unveiled its layer-1 network for programmable intellectual property in February, has added to its growing ecosystem with a new IP Vault. The Andreessen Horowitz-backed project allows for tokenization, licensing, and monetization of IP assets directly on-chain without intermediaries.

As adoption and integration grow, the ecosystem has grappled with the challenge of access and storage of sensitive IP content. IP Vault is a feature the Story Foundation says will help solve this challenge for large organizations, IP holders, and ecosystem developers.

“IP Vault is a secure on-chain storage space attached to an IP asset that stores confidential IP data on Story. These vaults are protected by the network and can only be accessed by IP owners and their license holders,” the Story Foundation wrote in a blog post.

What are the use cases?

Vault will store encryption keys that unlock files hosted on platforms such as IPFS and Shelby, Story Foundation said.

It will thus act as a programmable access layer for intellectual property assets, with the IP natively accessible onchain via Story (IP)’s layer 1 blockchain.

As a confidential storage space, Vault will not just offer secure storage of encryption keys, but also allow for conditional decryption, a feature that gives IP owners power to define the rules that must be met before content is decrypted. This will open up the IP market to new monetization opportunities around artificial intelligence and real-world assets.

Real-world use cases include Poseidon, an AI-focused project incubated by Story and backed by a16z. The platform will use IP Vault to secure its AI training data.

“As a full-stack data layer, Poseidon bridges the gap between supply and demand for specialized, IP-cleared training data. IP Vault enables secure access to these datasets alongside their corresponding IP assets on-chain,” Sandeep Chinchali, co-founder of Poseidon, said.

Story plans to launch IP Vault on devnet later this year, with testnet and mainnet rollouts expected in 2026.

Source link

September 12, 2025 0 comments

GameFi Guides

Archax enables onchain portfolios on Hedera with launch of Pool Token

by admin September 10, 2025

Archax, a digital asset exchange, brokerage, and custodian regulated in the United Kingdom by the Financial Conduct Authority, has launched “pool tokens,” enabling multi-asset portfolio creation on the Hedera Network.

Summary

UK-regulated platform Archax has partnered with Hedera to launch Pool Token functionality.
Pool tokens allow market participants to create multi-asset portfolios onchain.
Users can transfer pool tokens or use them as collateral.

Archax and Hedera announced the partnership and launch of Pool Token functionality on Sept. 10, noting that the new product allows users to tap into tokenization via a single token on Hedera (HBAR). The launch of pool tokens means users can now create a multi-asset portfolio onchain from tokenized assets across the market.

What is a pool token?

A “pool token” is a new transferable token that represents a basket of tokenized assets onchain. In the context of Archax and Hedera’s integration, this is a token that will allow an issuer to create a multi-asset portfolio that can include a range of assets such as equity, debt, funds and cryptocurrencies.

According to Archax, pool tokens allow investors to diversify their investment strategies, with the flexibility of creation adding to the overall benefits of an onchain product.

Graham Rodford, the co-founder and chief executive officer of Archax, noted:

“By enabling the creation of Pool Tokens, an issuer could come to us to create a natively on-chain portfolio, basket, index or fund. Tokenised portfolios can be assembled, transferred, and managed with speed and flexibility, so we’re eliminating the operational inefficiencies that have long plagued traditional investment structures – all while maintaining regulatory compliance and institutional-grade security.”

BlackRock funds in first basket

The rollout has the first Pool Token lined up for a mix of some of the top money market funds in the world, with the basket covering asset managers like Aberdeen, BlackRock, and State Street.

As well as instant fund creation, pool tokens offer the benefit of transferability and composability. In this case, users can migrate an entire portfolio across chains without the burden of complex paperwork or the friction of dealing with transfer agents.

Pool tokens can also be utilized as collateral on Archax’s Nest network.

Source link

September 10, 2025 0 comments

GameFi Guides

TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

by admin September 3, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the midst of heightened market volatility, Tron has once again captured global attention by securing a landmark partnership with the US Department of Commerce. The agency announced today that it has selected the blockchain as one of the primary networks for posting official economic data, beginning with the release of the second quarter gross domestic product (GDP) figures.

This marks the first time that official US GDP data has been published on a public blockchain, a move that underscores the growing role of decentralized technology in enhancing transparency and global accessibility of critical economic indicators.

For Tron, this partnership is more than symbolic—it highlights the network’s ability to deliver scalability, speed, and trust at a time when blockchain use cases are expanding rapidly. Processing billions in daily settlement volume and millions of transactions, Tron has steadily built a reputation as one of the most active and reliable chains in the industry.

By becoming an infrastructure partner for one of the world’s largest economies, Tron strengthens its position as a critical player in the future of data security and blockchain adoption. This development comes as the broader crypto market heats up, adding momentum to its long-term growth narrative.

US GDP Data Anchored on TRON Blockchain

In its latest press release, TRON confirmed a historic milestone for blockchain adoption: for the first time, a US federal agency has published official GDP data on public blockchains. The Bureau of Economic Analysis (BEA) reported a Q2 2025 GDP growth rate of 3.3 percent on an annualized basis, with the corresponding data hash permanently recorded on TRON.

The transaction hash — 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040 — now serves as an immutable record, ensuring that the information remains transparent and accessible to the public.

The US Department of Commerce selected TRON to record the SHA256 hash of the official GDP release, recognizing the network’s ability to deliver unparalleled scalability, speed, and efficiency.

TRON’s performance metrics underscore its readiness for this role. With more than $22 billion in daily settlement volume and over 8.8 million daily transactions, the network has established itself as one of the busiest and most reliable blockchains globally. Beyond serving as a financial settlement layer, TRON is now positioned as infrastructure for governments and institutions.

This partnership highlights a turning point for blockchain’s utility. TRON is proving that decentralized networks can safeguard sensitive data while granting global, open access. As markets continue to evolve, the integration of TRON into official economic reporting sets a precedent for how blockchain can reshape transparency, trust, and access to critical information worldwide.

TRX Testing Strength Amid Consolidation

TRON (TRX) continues to trade in a strong uptrend despite recent volatility, holding above the $0.33 level. The chart shows that TRX has maintained its bullish momentum since early 2025, supported by consistent higher lows and strong buying interest. After peaking near $0.36, the price has entered a short-term consolidation phase, with bulls working to defend key support levels around the 50-day moving average at $0.29.

TRX testing previous resistance as support | Source: TRXUSDT chart on TradingView

The moving averages reflect a healthy structure, with the 50-day positioned above the 100-day and 200-day, signaling that the broader trend remains intact. TRX’s ability to hold above these moving averages highlights the resilience of buyers, even as the broader market faces heightened volatility. If momentum strengthens, a breakout above $0.36 could open the door toward retesting higher levels around $0.40.

However, risks remain if TRX loses its $0.33–$0.32 support zone, which could trigger a deeper correction back toward the $0.29 demand level. With TRON recently making headlines for its adoption by the US Department of Commerce, fundamentals continue to support long-term growth. For now, the market is watching closely as TRX consolidates, with the next move likely to define its direction in September.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

September 3, 2025 0 comments

Crypto Trends

Maple plants syrupUSDC on Arbitrum as onchain leverage gains traction

by admin September 3, 2025

Maple’s syrupUSDC now lives on Arbitrum, adding institutional-grade yield to the network’s lending stack. The launch layers native returns with ARB incentives, giving DeFi participants new ways to loop and optimize capital efficiency.

Summary

Maple Finance deploys its yield-bearing dollar asset, syrupUSDC, on Arbitrum’s layer-2 network.
The expansion integrates syrupUSDC with Euler, Morpho, and Fluid and enables ARB rewards via Arbitrum’s DRIP program.
Users can now borrow against syrupUSDC while accessing layered DeFi yields.

According to a press release shared with crypto.news on Sept. 3, Maple Finance has officially deployed its yield-bearing dollar asset, syrupUSDC, on the Arbitrum One network.

The asset is now integrated with one of DeFi’s busiest layer-2 networks and its premier money markets, including Euler, Morpho, and Fluid, and will be immediately eligible for incentives from Arbitrum’s ongoing DRIP program.

Maple said the expansion allows users to borrow against syrupUSDC while earning ARB rewards, creating a layered yield environment designed to attract both institutional desks and retail traders.

Bridging the gap between institutional yield and DeFi leverage

Maple’s expansion to Arbitrum is driven by growing institutional curiosity in onchain finance, a trend CEO Sid Powell confirmed is accelerating. The move strategically positions Maple’s yield products at the nexus of this demand, directly within the leveraged loops favored by Arbitrum’s sophisticated user base.

Powell emphasized the synergistic effect of this integration, stating, “Paired with Maple’s robust pipeline of curated yield opportunities, Arbitrum’s DRIP campaign generates new value creation for users, improves liquidity, and accelerates the adoption of onchain capital markets.”

For users, accessing syrupUSDC on Arbitrum is facilitated through two primary methods. They can acquire the asset directly onchain by swapping for it on integrated platforms like Fluid or through various liquidity aggregators. Alternatively, holders can bridge existing syrupUSDC from the Ethereum mainnet using Arbitrum’s native Transporter bridge.

Once in possession of the asset, its utility shines as collateral within the integrated money markets. Users can supply syrupUSDC to protocols like Euler, Morpho, and Fluid, using it as collateral to borrow other assets while qualifying for additional ARB token rewards from the DRIP program, creating a multi-layered yield on their capital.

Initial capacity is being rolled out cautiously, reflecting a measured approach to risk management. Euler will host an initial supply cap of $20 million for syrupUSDC, while Morpho’s capacity is set at $7 million. Fluid will feature the largest initial allocation with $40 million in capacity spread across its various vault strategies.

Source link

September 3, 2025 0 comments