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Stellar votes on its next big upgrade Wednesday Validators vote July 8 on Protocol 27, named Zipper, which makes authentication delegation a native Stellar feature. One account can officially authorize another to act on its behalf. That unlocks social recovery without seed phrases, delegated signing, and modular multisig, while...

45,541 просмотров • 1 месяц назад •via X (Twitter)

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Newton Protocol took over the week with product, partnership and press updates. Read the recap! → Polymarket will be secured by Newton Protocol, as published in a case study by Magic Labs and Magic Newton Foundation describing the joint development → Magic Labs announced integrating Newton Protocol for its 200K wallets and 50M developers, which immediately made trending news → Magic Newton Foundation debuted comprehensive docs for Newton Protocol “that let you integrate policy into any smart contract, with full flexibility across policy types” - sean.eth → Magic co-founder & CEO Sean Li joined The Rollup live from Devcon 8 | Mumbai, India 🇮🇳 to talk about the big news while simultaneously prepping major GTM updates—and coding! Watch the the full video with The Rollup below → Newton Protocol announced the Veriff data oracle, bringing secure KYC and identity checks onchain Because as Sean put it, “Great policy needs great data” → Newton Protocol announced the etherscan.eth data oracle to give developers affordable, composable, plug-and-play pre-execution guardrails that optimize transaction costs and avoid network congestion For newcomers, a bit of Magic Labs context: Magic invented embedded wallets in 2018 and became known as the most secure, compliant infrastructure for embedded and API wallets, with customers such as WalletConnect, Helium, Immutable, Naver and more. Magic has powered Polymarket since 2020, supporting them for milestones such as securing over $3B in volume on 2024 election night with zero downtime. Magic also had the initial vision for Newton Protocol, led by Magic Newton Foundation and developed by Magic Labs, setting the new standard for risk management & prevention in the era of RWAs, stablecoins and agentic commerce. Magic brings the battle-tested wallet infra at scale—Newton Protocol is the upgrade The era of Newton is just getting started. Stay tuned and follow for more!

Newton

23,448 просмотров • 9 месяцев назад

Chinese AI models are wiping billions off Big Tech right now. Google just lost $200 billion in a single day, and the model it needed to fight back still isn't ready. Gemini 3.5 Pro, Google's most powerful model, is months behind schedule. Alphabet stock dropped 4.4% that same day. The Deepseek moment is happening again, and the new model is FAR bigger. On the same day Google's delay leaked, a Beijing lab called Moonshot released Kimi K3. It is the largest open model ever built, with 2.8 trillion parameters. It took the number one spot on the Frontend Code Arena, a live coding leaderboard, passing Anthropic's best model. And Moonshot is giving it away for free on July 27. The genius part: Anyone with enough computers can download it and run a frontier level AI without paying a cent to a US company. A single task on Kimi K3 costs about 94 cents. The same work on some American models costs nearly double. So why would a company keep paying premium prices for a model it can now get for free? The entire US AI business is built on selling access to models that cost billions to train. If a free Chinese version does most of the same work, that pricing power starts to crack. And Kimi is close to the best. On one closely watched intelligence ranking it scored 57, just behind the top American models GPT-5.6 Sol and Fable 5, and ahead of Claude Opus 4.8. Bank of America told clients that Kimi proves Chinese labs can keep making big leaps even with limited chips. And the founder of Moonshot, Yang Zhilin, learned to build AI as a researcher INSIDE Google. Google literally wrote the 2017 paper that made all of these models possible. Now the people who studied its work are using it to destroy Google, and handing it out for free. What happens next: Kimi K3's weights go public on July 27. Google reports earnings on July 22, and everyone will be asking the same question about Gemini. If free models keep topping the charts, every valuation built on paid AI access has to be rewritten. What do you think?

Ricardo

47,790 просмотров • 1 месяц назад

What is clawback on the XRP Ledger? NOTE: The video version is attached. All relevant links are in the second tweet along with links to all other platform. In the evolving world of digital assets and cryptocurrencies, the management and control of tokens have become paramount. One such feature that has emerged to address specific needs is the "Clawback" function. As we looked into the XRP Ledgers freeze function already, and clawback has been addressed vaguely so far, let’s have a look at it. At its core, the Clawback feature allows issuers to retract or "take back" previously distributed tokens. However, it's essential to note that this function is not activated by default. To utilise the Clawback feature, issuers must initiate a unique transaction called "AccountSet." This action enables the "Allow Trust Line Clawback" setting, granting the issuer the power to claw back tokens. The process of enabling Clawback comes with specific prerequisites. Issuers who have already distributed tokens or activated certain account features, such as trust lines, offers, escrows, payment channels, checks, or signer lists, are ineligible to activate Clawback. This stipulation underscores the importance of strategic planning; issuers must decide on using the Clawback feature before any other significant account activity. Furthermore, once the Clawback function is activated, it becomes a permanent feature of the account, eliminating the possibility of reversal. Other than with freeze, which makes tokens unspendable, clawback deducts the token balance in the target account. This is a fundamental difference. The introduction of the Clawback feature addresses regulatory and compliance needs in the digital asset space. There are instances where, for legal reasons, issuers must retract tokens. For example, if tokens inadvertently land in the hands of entities involved in illicit activities, the Clawback function empowers issuers to recover those assets, ensuring compliance with legal standards. However, a critical distinction exists: this feature is exclusively for specific tokens and does not apply to XRP. Clawback brings both advantages and disadvantages to the table. On the positive side, it facilitates issuers in meeting stringent regulatory requirements, ensuring that the on-chain record of tokens remains accurate and representative of actual balances. It offers a more straightforward approach than other on-ledger features, like the "freeze" function. On the downside, Clawback introduces an added layer of transactional complexity and necessitates comprehensive documentation, especially to clarify its inapplicability to XRP. Conclusion The clawback feature is a testament to the dynamic nature of the digital asset landscape. As the industry matures, tools like clawback will play a pivotal role in bridging the gap between the decentralised world of cryptocurrencies and the regulatory frameworks that seek to govern them. While the feature offers clear benefits, its implementation requires careful consideration and strategic foresight. Opinion: Why is clawback controversial? Certain features like the AMM and clawback have been heavily promoted in the past weeks with sometimes obscure arguments. While the legal requirements are often cited, no real example has ever been given. As a matter of fact, David Schartz stated that as of the time of writing, no real legal requirement or request exists. Other chains like Stellar, Chia or Ethereum do support the feature, and some stable coin issuers are using them on certain chains, while they don’t on others. Contrary to a freeze, which technically allows a user to dispute the action in court before any tokens are moved, a clawback can be executed at any given time, leaving the user empty-handed. The community often cites the risk of project-related rug pulls. However, few reports exist on abusive usage of the feature on any chain. During my research, I found only one issuer publicly citing support for clawback on the XRPL. StraitsX, which is, according to their website, providing “Payments infrastructure for Digital Assets”. Nonetheless, I do believe that clawback is an important feature and a step in the right direction. If you consider this information useful, let me know your thoughts and do a retweet.

Daniel "CEO of the XRPL" Keller

111,037 просмотров • 2 лет назад

Given the current bullish market sentiment and the evident shift of users towards more volatile assets, there's a steadily increasing demand for stablecoins within the ecosystem. This shift is underscored by the growing use of leverage, where users borrow stablecoins to amplify their exposure to preferred volatile assets or to implement various strategies in DeFi. As the #MultiversX ecosystem currently lacks a native stablecoin, it faces challenges in achieving mature stable liquidity. Recognizing this gap, Hatom has significantly advanced in developing $USH, the first native stablecoin for #MultiversX. This stablecoin is akin to $DAI, the pioneering decentralized and over-collateralized stablecoin known for its resilience through numerous stress tests over the years, but will also feature some unique characteristics and design implementation. Within the #MultiversX ecosystem, the currently limited liquidity of stablecoins has led to notable metrics in the Hatom Lending Protocol. Here, the yields users can generate on their $USDC or $USDT have escalated to impressive middle double-digit percentages. This situation offers a golden opportunity for individuals with idle stable assets in their portfolios. The Lending Protocol is an appealing option to leverage these assets, offering remarkable flexibility—there are no lock-up periods, and it carries no risks of impermanent loss. This makes it an excellent choice to generate additional revenue while waiting for those assets to be deployed. Breaking down the current yields through the Lending Protocol as follows: • A 36.83% yield on $USDC, with 32.88% APY derived from the natural supply and demand within the lending protocol—where borrowers are paying the lenders. Additionally, the yield can be increased by 3.95% through the Booster. • A 40.24% yield on $USDT, with a 33.68% APY from providing liquidity to the Lending Protocol, which can be further boosted by 6.56% by staking $HTM into the Booster. All rewards generated through the Booster can be further amplified by 5% with the Accumulator if claimed in $HTM. *For a comprehensive understanding of how the Booster and Accumulator work, please read Hatom's official documentation. Clarification on the yields is crucial, as there is considerable interest in understanding the mechanics behind these attractive rates. Essentially, the yields on both $USDC and $USDT within the Lending Protocol are derived from the dynamics of supply and demand. Suppliers contribute funds to a pool from which other users borrow. As borrowing increases, so does the pool's utilization rate, leading to higher interest rates in both the supply and borrow markets. To achieve an optimal balance, borrowers are incentivized to repay their loans due to the higher cost of loan, which, in turn, provides lenders with more attractive returns on their deposits. This self-regulating mechanism ensures the Lending Protocol maintains a healthy equilibrium between supply and demand, optimizing yields for all participants. Rewards are paid out in the same assets that users deposit. For instance, if a user deposits $USDT into the money market, the yield generated will also be paid in $USDT. The sole exception to this rule applies to Booster rewards, which are paid out in $USDC or $HTM, with the latter offering a 5% premium. **Please note that the yields presented in this post represent current values at the time of posting and may differ by the time you read this. The most efficient way to take advantage of the high yields on the stablecoins is to bridge liquidity into the ecosystem through the official bridge developed by the #MultiversX team. The process is simple and efficient, allowing users to bridge from both #Ethereum and #BSC. You can access the bridge through the following link: To participate in the #MultiversX ecosystem, you will require a compatible wallet, which can be found here: Once your assets are ready, you can supply on the Hatom Lending Protocol by accessing this link: To facilitate your journey, please follow this step-by-step video tutorial, which covers all the basics, from the creation of a #MultiversX wallet to bridging and depositing in the Lending Protocol, to take full advantage.

Hatom Labs

159,969 просмотров • 2 лет назад

On the latest Bitcoin News Weekly, Giacomo Loathsome Bitcoin Destroyer Zucco laid out the Bitcoin tech projects he is most excited for in 2026. Beyond payments, his vision is to fix the fundamental infrastructure of the internet and financial self-sovereignty. Here is a breakdown of the key tech projects Zucco is most excited about: 1. Fixing Internet Communication & Social Media Zucco is bullish on protocols that aim to decentralize the very fabric of how we interact online, moving away from centralized silos. Holepunch: A platform for building peer-to-peer applications without servers. Nostr: A decentralized protocol for social media and data vending that removes the power of central moderators. Keet: A peer-to-peer communication tool built on Holepunch that focuses on privacy and direct user interaction. 2. Scalable, Sovereign Identity Rather than government-mandated digital IDs, Zucco advocates for "pseudonymous identity" where users control their own keys. Economic Incentive: He notes that because Bitcoin users must learn to manage keys to protect their money, they are finally prepared for the "web of trust" models that failed in the past. 3. The "New" Lightning Network Zucco acknowledges that the current Lightning Network has "overpromised" by relying on semi-centralized nodes. He is excited about a multi-layered approach that abstracts complexity away from the user: Ark: This protocol is a major highlight for Zucco because it "batches across users" rather than just time. This allows thousands of users to achieve finality in a single on-chain transaction. Complementary Layers: He sees a "symphony" of layers, including Spark, Mercury Layer, Liquid, and Cashu, working together to make Bitcoin as easy to use as a credit card. 4. Decentralizing Bitcoin Mining To prevent censorship and "KYC mining," Zucco supports tools that return power to individual miners: OCEAN & DATUM: Projects that allow miners to create their own block templates rather than letting pools decide which transactions to include. Stratum V2: An upgraded protocol designed to increase security and efficiency in pool communication. Lightning/Ark Payouts: He is excited about mining pools using Lightning or Ark for non-custodial, high-frequency payouts to miners. 5. Smart Contracts & Assets (RGB) Zuccoo, who originally invented the RGB protocol in 2018, is excited to see its "renaissance" alongside Taproot Assets. Client-Side Validation: RGB allows for smart contracts and tokens (like Tether) to exist on Bitcoin without bloating the blockchain or requiring new tokens to function. Reduction of Harm: He believes that if people insist on using stablecoins or tokens, doing so on RGB strengthens Bitcoin's privacy and liquidity rather than damaging it.

Bitcoin News

13,054 просмотров • 7 месяцев назад

What is Nostr? Jack Dorsey explains it in just two minutes 👀 Nostr is revolutionizing the way we think about online communication and social networking. As an open protocol—short for "Notes and Other Stuff Transmitted by Relays"—it empowers users to share information in a decentralized manner, promoting freedom of expression and data security. Here are some key insights into why Nostr is gaining traction: A Response to Social Media Failures The current landscape of social media is fraught with issues—manipulative algorithms, intrusive ads, and rampant censorship. Nostr addresses these challenges head-on by offering an alternative that prioritizes user agency and transparency. It allows individuals to curate their experiences without being subjected to opaque corporate agendas. Decentralization at Its Core Nostr operates without a central authority, meaning there’s no single point of failure. This architecture not only enhances resilience against attacks but also ensures that users maintain control over their data. In a world where censorship is increasingly prevalent, Nostr’s structure allows for censorship-resistant communication, making it a compelling alternative to traditional social media platforms. User Empowerment through Cryptography At the heart of Nostr's functionality are cryptographic keys. Users generate unique "events" signed with their private keys, which are then broadcasted through independent relays. This not only secures communications but also enables users to verify their identities easily. The result? A platform where authenticity and privacy are paramount, allowing individuals to engage freely without fear of surveillance or censorship. Simplicity Meets Flexibility Nostr is built on a straightforward protocol that utilizes JSON for event objects and WebSocket connections for data transmission. This simplicity fosters software diversity, enabling developers to create various clients and applications that cater to different user needs. As a result, Nostr is not just another app; it's a flexible framework that can evolve with user demands. Nostr stands out as a beacon of hope for those seeking autonomy and privacy online. Its decentralized nature, combined with robust security features, positions it as a new challenger in the future of social networking. Are you ready to explore what Nostr has to offer? If you want to test nostr as a user, creator, developer or builder shoot me a DM, I'd love to connect. If you've read the whole post and haven't joined nostr yet, please try out Primal. It's a great nostr client for Android and IOS. I see you on the other side )

Pierre Corbin

18,456 просмотров • 1 год назад

The FED’s Only Crypto Exchange Is Buying 15% Of One Altcoin The only crypto exchange the Federal Reserve let inside just bet its whole strategy on one altcoin. Everything we break down lives inside the community, link in bio, one dollar a month. Kraken is the first and only crypto native company in history to hold a Federal Reserve master account. That is direct access to the core payment system that moves money between every major bank in America, a door that was only open to traditional banks for 100 years. So when a company wired straight into the Fed makes a move, you pay attention. Here is the move. Kraken is in talks to buy 15 percent of Aave, the largest DeFi lending protocol in crypto, at a 385 million dollar valuation. The most fed connected player in the game is buying a piece of one specific coin. The question is why. Kraken already put more than 100 real stocks on chain through tokenized equities, with hundreds more coming. The SEC is clearing the path with its Project Crypto initiative, letting apps list tokenized securities directly and punching a hole in a 233 year old Wall Street monopoly. Picture it: you buy stocks on chain, then borrow against them instantly through DeFi, and the protocol built to do that at scale right now is Aave. So this is the bet. Stocks move on chain, and the lending that powers all of it runs through one coin. That is why Kraken is buying the coin before the rest of the world catches up. What it means for your money: this is what the start of institutional altcoin buying actually looks like. The most connected players position quietly, before it is obvious. The only real question is whether you see it before everyone else and act on it. Follow for the moves the news skips.

Alexander Lorenzo

25,234 просмотров • 2 месяцев назад

Wall Street burns billions trying to predict Bitcoin. A 28-year-old self-taught coder in Warsaw made $377,000 by not even trying. He'd lost money on three trading bots before this one. Each looked perfect on paper, then started losing money the moment he ran it for real market. So he built bot that doesn't trust itself. His wallet: The truth is simple: you can't predict the next five minutes of Bitcoin. It's a coin flip. Anyone selling you a "prediction" is selling you nothing. So he stopped predicting. The bot hunts the moments the crowd is wrong instead. Here's the part that makes the money, and it's the opposite of what everyone builds. Any strategy can be made to look amazing on past data. On a 5-minute chart, most of them are just lucky, not real - and they stop working fast. So the bot treats every strategy it finds as fake until it proves otherwise. Each one has to pass a hard test: > test it on old data → test it on data it's never seen → try to break it on purpose → cut it down to the one thing that matters → run it forward → keep it only if it still works Last round, 10 of its 12 "winning" strategies turned out to be fake. It kept the 2 that actually worked and dropped the rest. And it never stops - building, testing, and dumping strategies around the clock. What worked yesterday can stop working today, so the second one starts losing, it gets cut before it costs you a thing. The result: $433,000 across 2,955 trades All his old bots tried to be right. This one just tries to catch itself being wrong - and that's why it's still alive. Bookmark this article below - it's the breakdown that explains why your last bot died. It's pruning and trading right now. Copy its wallet and skip to the edges that survived:

cvxv666

27,854 просмотров • 2 месяцев назад

Andy Burnham got a big round of applause on Monday for saying: “We will make sure that all eligible public contracts are subject to proper social value weighting.” Here’s what that means, and why it’s a bad idea. Most public sector contracts award c10% of the ‘marks’ in the bid evaluations for “social value” - the supplier’s commitment to various policies which aren’t to do with the contract. Employee training, creating jobs outside of London, DEI, Net Zero and using SMEs are all common areas they compete on for a good score. The model is rooted in the Public Services (Social Value) Act 2012, which established 30 pages of guidance on it. The Procurement Act 2023 and the latest National Procurement Policy Statement continued this commitment. Only MoD is exempt from using social value in tenders, though it regularly does - for example, a tender for nuclear deterrent research last year awarded marks for a commitment to reversing the impacts of Covid-19 on local communities and Net Zero. Social value is a bad policy. And you don’t have to believe any of the many goals government are trying to advance through social value are bad goals to agree with me. Because even if you want all those objectives delivered, making companies for them as a ‘buy in’ to working on government contracts is a bad way to do it. Most people recognise that the way social value is practiced in procurement is performative. It asks suppliers to make commitments, they fill out a form saying what they can do, and then there’s no follow up. Not even to check if they were telling the truth. Many think there should be. But imagine how prohibitively complicated that would be! On Net Zero, for example, most suppliers have to hire a consultancy to fill out their tenders because they don’t track their emissions (particularly small companies). Keeping doing that would be very costly to them. Government struggles to monitor the basics of contract performance - quality of delivery, and actual cost. Until we fix that, there’s no point doing social value monitoring. But setting aside the implementation problems, the policy is full of holes. Social value requirements are complex and costly to compete on. Doing it isn’t hard for the big “primes” that get c10% of public sector commercial spending, but it is hard for smaller companies - particularly start ups and scale ups, who have huge challenges accessing government procurement as it is. This only further stifles innovation, which is the whole point of going out to the market in the first place - markets are great at innovating, much better than governments. But the most innovative companies are further discouraged from bidding because of social value. The policy also fails on its own terms. Take SMEs. A bias towards allocating contract spending to small businesses isn’t a good idea, but it’s been a consistent one across governments and that won’t change. But social value doesn’t improve that. A big supplier can get full marks for saying it has a lot of SMEs in its supply chain. But a SME has to fill out the same bid to compete with that, even if its whole budget is going to an SME (their own company). Bizarre! And it isn’t free. Anything that suppliers do to meet social value objectives which they wouldn’t otherwise do comes at a cost. I’ve had civil servants glibly tell me “that’s just the cost of doing business with government”, or that it’s a kind of tax they should pay for the privilege. This is moronic. Suppliers pass that cost on to government when they work out what a profitable bid would be, so government is just funding their social value activities. This is a really inefficient way of government funding those objectives. Hundreds of different companies doing their own small Net Zero initiatives (for example) is much less efficient than the government bolstering its own (considerable) clean energy infrastructure plans. (Cont)

Joe Hill

74,896 просмотров • 1 месяц назад