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Indonesian University Rolls Out On-chain Records At No Cost to Students

by admin September 30, 2025

In brief

Indonesia’s Universitas Gadjah Mada will pilot verifiable digital credentials, beginning with English proficiency courses.
Students receive digital wallets preloaded with tokens for paying tuition and course fees, with no added costs.
The pilot rollout will cover 60,000 students and run alongside a separate AI lab initiative.

Universitas Gadjah Mada (UGM), one of Indonesia’s oldest and largest public research universities, announced Tuesday that it will begin storing student course records on-chain by adopting Space and Time, a decentralized database platform.

Students who complete courses will have their records written directly to the Space and Time network, creating an immutable credential they can share with employers or other schools.

The education framework is intended to help provide “expanded, modernized education access to the unbanked” and give students “a way to prove their educational achievements to any institution or employer in the world,” Scott Dykstra, co-founder and CTO of Space and Time, told Decrypt.

By onboarding students on-chain, Space and Time is hoping its database platform could help students overcome “intermediaries or traditional financial infrastructure” and “come out the other side with a traceable, verifiable record of what they’ve accomplished,” Dykstra said.

UGM‘s rollout for its estimated 60,000 students begins with English proficiency courses as the initial use case for on-chain credentialing, with planned expansions to other courses. The university also announced a new on-campus AI lab using Dreamspace, a tool built on Space and Time, which will provide courses on building and deploying AI applications.

The initiative was introduced following a partnership between Indomobil Group, one of Indonesia’s largest automotive conglomerates, and the Space and Time Foundation, which now oversees the decentralized database network originally developed by MakeInfinite Labs.

Space and Time’s custom chain pulls data from multiple blockchains and distributes it across a validator network, where each query is backed by cryptographic proofs, allowing applications to verify results without relying on a single data source.

Verifiable education

Speaking with Decrypt on Tuesday during the week leading to TOKEN2049 Singapore, a representative for the Space and Time Foundation explained the education program’s components.

The first centers on verifiable education. By placing course completions and diplomas on-chain, students avoid fragmented records across institutions and instead create a single, immutable record that employers or universities beyond the local can confirm.

The second component involves financial access through SXT, the native digital asset of Space and Time. Each student will receive a wallet preloaded with tokens to pay tuition and course fees directly, in a system the company says is designed to reach those without traditional bank accounts. Space and Time confirmed with Decrypt there will be no costs to students.

Still, some scholars caution that the promise of blockchain-based use cases in education comes with risks.

A 2025 ASEAN report on higher education mobility noted that digital credentials can support cross-border recognition of qualifications, but warned that gaps in digital readiness could worsen inequities for students and institutions with fewer resources.

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September 30, 2025 0 comments

Crypto Trends

XRP and DOGE ETFs Smash Records with $54.7M Combined Day-One Volume

by admin September 19, 2025

Spot exchange-traded funds (ETFs) tied to the payments-focused XRP XRP$3,0389 and the top meme token, dogecoin DOGE$0.2752, debuted in the U.S. on Thursday with a bang, drawing significant trading volume.

The REX-Osprey XRP ETF, listed on the CBOE under the ticker XRPR, registered a trading volume of $37.7 million, marking the largest debut volume of any ETF launch this year, according to data shared by Bloomberg senior ETF analyst Eric Balchunas.

This first-day tally outpaced the previous record holder, Dan Ives’ Wedbush AI Revolution ETF (IVES), signaling strong investor appetite for alternative investment vehicles linked to coins beyond Bitcoin BTC$116 814,85 and Ether (ETH).

XRP’s market capitalization recently surpassed that of traditional banking giant Citigroup. Furthermore, Ripple, the company behind XRP, which facilitates cross-border transactions, has applied for a banking license in the U.S.

Traders also embraced the REX-Osprey Dogecoin ETF, ticker DOJE, which generated a first-day volume of $17 million. This placed DOJE among the top five ETF debuts of the year.

DOJE’s strong performance is notable given Dogecoin’s reputation as a non-serious meme token.

The successful launch of these two ETFs follows the SEC’s decision to approve a new, streamlined listing standard for crypto ETFs, reducing approval times to approximately 75 days from 240 days.

First-day net inflow figures are expected to be released later Friday.

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September 19, 2025 0 comments

Crypto Trends

Coinbase Hack Suspect Stored 10,000+ Customer Records on Phone

by admin September 17, 2025

A New York court filing has revealed new details about a major data breach at Coinbase, one of the world’s largest cryptocurrency exchanges, which was done by an insider sitting in a customer support office in India. The filing claims that a former TaskUs employee in Indore, India, compromised data from more than 10,000 Coinbase customers by storing and selling their personal details.

The worker, identified as Ashita Mishra, is accused of storing sensitive customer details on her phone and selling them to hackers, raising serious questions over insider-linked breaches at the crypto exchange.

According to the filing, from September 2024, she started quietly stealing customer details: things like social security numbers, bank info, and ID photos. Later, she sold those photos to hackers for $200 each, which the hackers then used to act like Coinbase staff and cheat people.

Over 69,000 Coinbase customers had their personal data exposed as a result. Coinbase has said that its main systems and wallets are still safe, but with this kind of personal data out, people are now vulnerable to fraud and scams. The exchange has asked customers to stay careful and promised stronger security.

Also Read: Is Coinbase Safe in 2025? Key Facts Amid Data Breach Lawsuit

Outsourcing questioned

This case has also raised big questions about outsourcing. Companies like Coinbase hire outsourcing firms like TaskUs to handle customer queries because it’s cheaper and faster. But when external staff get access to such sensitive data, it clearly comes with risks.

TaskUs has not yet issued a detailed statement. Experts are saying this mess will probably make everyone push for stricter checks, like better audits, tougher background checks, and tighter control over who can see data at outsourcing centers in India and elsewhere.

Coinbase, which has always tried to look like the safest and most trusted crypto exchange, especially in the U.S., is now under pressure to prove it, and the breach could invite closer examination of how it oversees vendors handling customer data.

The exchange is already under scrutiny from U.S. regulators, and the breach could invite closer examination of how it oversees vendors handling customer data.

What comes next?

Mishra is facing criminal charges, though details of her detention remain limited. Regulators in both the U.S. and India are expected to follow the case closely. For customers, the fallout is still unfolding, as stolen records could circulate on the dark web for months.

For Coinbase, the immediate task is damage control. Beyond its secure blockchain, the exchange must convince users that the people and partners behind the platform can also be trusted.

Also Read: Coinbase Urges Court to Act on SEC’s Lost Gensler Texts

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September 17, 2025 0 comments

Esports

Steal A Brainrot smashes records with nearly 24 million players across Roblox and Fortnite

by admin September 14, 2025

Steal A Brainrot just pulled nearly 24 million players in one day across Roblox and Fortnite, eclipsing other community made games on the platforms.

Steal A Brainrot is the latest viral hit to sweep through both Roblox and Fortnite, combining chaotic party-style gameplay with meme-driven humor. First created as a Roblox experience earlier in 2025, the popular tycoon and simulator game tasks players to collect and generate income from “Brainrot” characters.

The game’s momentum only grew when a Fortnite Creative version was released, bringing the same concept into Epic’s ecosystem of player-made content. By spanning two of the biggest free-to-play platforms, Steal A Brainrot tapped into massive built-in communities. The dual launch allowed the title to thrive in both Roblox’s social hubs and Fortnite’s competitive arenas.

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Steal a Brainrot reaches tens of millions in one day

That reach paid off on September 14, when Steal A Brainrot hit new all-time highs across both platforms. The Roblox version peaked at 23.4 million players in a single day, while the Fortnite edition contributed to a concurrent total of 542,000 users.

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Those figures place it in the same league as Epic’s official game modes, Fortnite Battle Royale and Zero Build, which regularly chart around 100,000 players during peak weekend play. However, Steal The Brainrot has now surpassed two of Epic Games’ staple game modes, Blitz Royale and Reload Ranked, in all time high player count.

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The achievement highlights just how far community-built games can go when they strike the right cultural chord. By turning a meme into a fully playable experience across two platforms, Steal A Brainrot has become one of 2025’s breakout hits, and if momentum holds, another record-setting weekend may be in the cards.

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September 14, 2025 0 comments

Crypto Trends

3iQ’s Solana And XRP ETFs Mark New Records In Canada

by admin September 10, 2025

Investment firm 3iQ’s Solana Staking ETF (SOLQ) and XRP ETF (XRPQ) have set new records for assets under management (AUM), making them the largest ETFs in Canada.

According to the official announcement, the SOLQ ETF now has more than CAD 300 million in AUM, and the XRPQ ETF now has more than CAD 150 million, making them the largest in Canada under their categories.

Solana Staking ETF (SOLQ) made news earlier this year when it raised an impressive C$90 million in just two days. It quickly became Canada’s largest Solana ETF in terms of AUM. After that, 3iQ started its XRP ETF, which was also a first. In only three days of trading, XRPQ had more than C$32 million in AUM, making it the largest XRP-focused ETF in Canada.

Pascal St-Jean, President and CEO of 3iQ, said that the success of SOLQ and XRPQ at the same time shows that more investors want regulated, easy-to-use crypto investment vehicles.

“The momentum behind SOLQ and XRPQ demonstrates that Canadian investors and global leaders in the digital asset space are embracing secure, transparent, and regulated access to digital assets,” he said.

3iQ Solana Staking ETF (TSX: SOLQ, SOLQ.U) and 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) record largest AUMs in their respective categories!

We’re excited to share that investor demand sees $SOLQ surpass CAD 300 million and $XRPQ exceed CAD 150 million in AUM. Launched earlier this year,… pic.twitter.com/ABSPdnfqBZ

— 3iQ Digital Asset Management (@3iq_corp) September 9, 2025

XRPQ had a 0% management fee for the first six months, which made it one of the cheapest digital asset ETFs on the market. Ripple, one of the biggest enterprise blockchain companies, backed the fund early on, which also helped its credibility.

Canada is now at the forefront of crypto-linked ETF innovation thanks to these quick milestones. This makes it easy for investors to get into altcoins like Solana and XRP.

Also Read: Fidelity Launches FDIT, Backed by Ondo Finance’s OUSG Fund

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September 10, 2025 0 comments

NFT Gaming

XRP Ledger Records New $131.6 Million All-Time High In This Major Market

by admin August 30, 2025

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

The XRP Ledger (XRPL) has recorded a new milestone in the world of tokenized assets. In the second quarter of 2025, its market capitalization for real-world assets (RWA) reached a record high. A recent industry report indicates that XRPL adoption is increasing rapidly as more assets launch on the network.

XRPL Closes Q2 With $131.6 Million RWA Market Cap

According to Messari’s State of XRP Ledger Q2 2025 Report, the XRP Ledger ended the second quarter of 2025 with a record $131.6 million market cap in real-world assets (RWA). It is the highest number ever recorded on XRPL in this sector. Messari linked this growth to a wave of new issuances first announced at the XRPL Apex event in Singapore in June 2025, which drew global attention.

Messari also notes that in March 2025, RWA.XYZ, a platform for tracking tokenized assets, has integrated with XRPL, making it easier for users to access key information about real-world assets on the ledger. The report confirmed that since the integration, 13 RWAs are live on RWA.XYZ, with more assets likely to follow.

The record market cap shows that XRPL is not only expanding in numbers but also in usefulness. According to the report, real-world assets issuances on XRPL could be evolving into a functioning and valuable market.

Report Cites Expanding RWA Issuances Driving Adoption

One of the most notable is Ondo’s OUSG tokenized treasury fund. According to the report, this product combines the efficiency and transparency of the XRPL with the stability of U.S. Treasury securities. It has become a standout example of how blockchain can support safer and more stable investment options for both institutional and retail investors.

Another highlight in the Messari report was Guggenheim’s issuance of digital commercial paper on the XRPL. By tokenizing short-term debt, Guggenheim is using XRPL’s speed, low fees, and final settlement features.

Another development noted in the report was the launch of Ctrl Alt’s tokenized real estate offerings, which allow investors to buy small pieces of property ownership on XRPL. Instead of needing a large amount of money to buy a whole property, people can now own fractions of high-value buildings.

These developments, cited in the Messari report, show how adoption of the XRP Ledger is steadily rising in the real-world assets market. It positions it as a bridge between traditional finance and the blockchain, where high-profile XRPL RWA issuances validate its growing role in the $50 trillion global RWA market.

The record RWA market cap of $131.6 million further points to XRPL’s growing strength in bringing liquidity, easier access, and greater transparency to markets that were once difficult to reach, including real estate and other traditional assets. With this momentum, the XRP Ledger closes the second quarter of 2025 with a new multi-million all-time high and a stronger foundation for the future of tokenized finance.

XRP struggles as bears retest $2.8 | Source: XRPUSDT on TradingView.com

Featured image from DALL.E, chart from TradingView.com

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August 30, 2025 0 comments

Game Updates

Hollow Knight Is Still Breaking Records As Silksong Nears

by admin August 30, 2025

The announcement that Hollow Knight: Silksong would release on September 4 was such a surprise that even the most tuned-in Hollow Knight fans were in shock at the news. And now, just days before Silksong releases, Hollow Knight is seeing a renaissance with gamers, passing its Steam concurrents records over and over again, hitting a new peak of 56,192 players on August 29, according to SteamDB.

For years, Hollow Knight’s biggest day was in May of 2022 when the game had over 20,000 concurrent players. Since the announcement of Silksong’s impending release date, though, each consecutive day has seen that concurrent peak rising, having hit 21,000 on August 22, just a day after the announcement, and hit 56,192 today. For a seven-year-old indie game, this is pretty big.

Of course, it’s important to note that SteamDB is not the be-all-end-all of game stats. Steam is a dominant platform for sure, but Hollow Knight is available on all last and current-generation consoles, including Nintendo Switch, PlayStation, and Xbox, with Switch being a particularly popular platform for the game. Even so, it’s indicative that the legend of Hollow Knight continues to grow.

We got a sneak peek last week, and signs are looking good. “Hollow Knight: Silksong appears to be exactly what we all should have expected: a strong, well-designed, visually lovely game that carries forward the aesthetic and design philosophies of the original with thoughtful, if not earth-shattering, updates,” GameSpot’s Steve Watts wrote after going hands-on with Silksong at Gamescom.

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August 30, 2025 0 comments