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Will Ex-Ripple CTO Schwartz Develop Bitcoin Again? His Answer Turns Heads

David Schwartz, former Ripple CTO and key architect of the XRP Ledger, dismissed the possibility of returning to Bitcoin development, calling Bitcoin “largely a technological dead end.” He argued that Bitcoin's success is driven more by social and monetary inertia than by technological innovation at its base layer. The comments emerged from a debate on X (formerly Twitter) about centralization in crypto, where Schwartz defended XRP's early "genesis reset" by pointing to what he called more centralized incidents in Bitcoin's history, such as a coordinated rollback in 2010. Schwartz stated that blockchain technology matters less to Bitcoin’s success than its established monetary status, comparing it to the U.S. dollar. He confirmed he has no plans to develop for Bitcoin again and will instead focus on his own projects on the XRP Ledger. At the time of writing, XRP was trading at $1.38.

bitcoinist02/12 19:03

Will Ex-Ripple CTO Schwartz Develop Bitcoin Again? His Answer Turns Heads

bitcoinist02/12 19:03

Thailand links crypto & carbon credits to derivatives market: Details

Thailand has officially integrated digital assets and carbon credits into its regulated derivatives market under the Derivatives Trading Act. This allows cryptocurrencies and carbon credits to serve as underlying assets for futures and options trading on the Thailand Futures Exchange, shifting their status from speculative instruments to regulated investment products. The move enables institutional investors to manage risk more effectively and supports market diversification. Stricter licensing and supervision rules are being implemented to ensure stability. This development is part of Thailand’s broader strategy to position itself as a digital economy leader in Southeast Asia, with plans to introduce Bitcoin ETFs by 2026. The policy follows years of regulatory evolution, including earlier exchange licensing, a ban on crypto payments, and recent tax incentives.

ambcrypto02/12 19:03

Thailand links crypto & carbon credits to derivatives market: Details

ambcrypto02/12 19:03

Ripple Exec Warns Compromise Is Coming – What This Means For XRP

Ripple's Chief Legal Officer, Stuart Alderoty, indicated that a compromise may be near in ongoing discussions between banks, the U.S. Senate, and crypto leaders regarding stablecoin regulations. A recent White House meeting, though not final, was described as productive. Banks presented principles opposing yield-bearing stablecoins to protect traditional banking, but reportedly made a key compromise by allowing possible exemptions. This could permit transaction-based rewards under strict conditions, impacting Ripple’s operations and its stablecoin RLUSD. The outcome, expected by March 2026, may define permissible crypto activities and significantly influence XRP’s regulatory environment and market role.

bitcoinist02/12 17:32

Ripple Exec Warns Compromise Is Coming – What This Means For XRP

bitcoinist02/12 17:32

Chainlink teams up with Ondo Finance to tap into DeFi’s utility – Details

Chainlink has partnered with Ondo Finance to address critical pricing infrastructure limitations for tokenized real-world assets (RWAs). Ondo's expansion into tokenized treasuries and equities had driven its TVL beyond $2.5 billion, but it faced challenges with slow, vulnerable, and inefficient pricing data from scattered oracle sources. This constrained the assets' usability as collateral. By formalizing Chainlink Data Feeds as its primary pricing layer, Ondo gains standardized, multi-source valuations. This upgrade, activated on Ethereum, provides real-time pricing for assets like tokenized SPY and TSLA, including dividends and splits. It enables accurate asset sales, automatic vault adjustments, and structured products, transforming tokenized equities into collateral-grade assets. The integration has boosted on-chain issuance and secondary trading, with cumulative volume exceeding $7 billion and TVL crossing $500 million. Listings have expanded to over 200 equities across multiple chains, marking a shift from pilot deployment to systemic infrastructure that strengthens liquidity and DeFi integration.

ambcrypto02/12 17:01

Chainlink teams up with Ondo Finance to tap into DeFi’s utility – Details

ambcrypto02/12 17:01

Gradient Releases Echo-2 RL Framework, Boosting AI Research Efficiency by Over 10 Times

Gradient has released the Echo-2 distributed reinforcement learning framework (arxiv.org/pdf/2602.02192), designed to overcome efficiency barriers in AI research training. By decoupling Learners and Actors at the architectural level, Echo-2 reduces the post-training expense of a 30B model from $4,500 to just $425. Under the same budget, it delivers more than 10x improvement in research throughput. The framework uses compute-storage separation and asynchronous training (Async RL) to offload large-scale sampling to unreliable and heterogeneous GPU instances. It incorporates bounded staleness, fault-tolerant scheduling, and a custom Lattica communication protocol to maintain model accuracy while significantly boosting efficiency. Alongside the framework, Gradient is launching Logits, an RLaaS platform, to shift AI research paradigm from "capital-intensive" to "efficiency-driven". Logits is now open for global students and researchers for预约 (logits.dev).

marsbit02/12 16:39

Gradient Releases Echo-2 RL Framework, Boosting AI Research Efficiency by Over 10 Times

marsbit02/12 16:39

BlackRock's First Foray into DeFi Trading, Coinbase CEO's Stock Sale Controversy – What's the Overseas Crypto Community Talking About Today?

In the past 24 hours, the crypto market saw significant developments, including institutional entry into DeFi and rising concerns over high-leverage narratives. BlackRock made its first direct DeFi transaction by listing its $1.8B tokenized treasury product BUIDL on Uniswap and acquiring UNI tokens, causing a short-term price surge. The move, executed via UniswapX for accredited investors, is seen as a major step in TradFi-DeFi integration but raised questions about protocol neutrality. MicroStrategy’s Michael Saylor sparked concern by stating the company could withstand a Bitcoin drop to $8K through debt refinancing, leading to comparisons with past failed high-leverage schemes. Meanwhile, Coinbase CEO Brian Armstrong’s continued stock sales drew mixed reactions, with some viewing it as insider caution despite possible personal financial planning reasons. On the ecosystem front, Citi completed a full supply chain finance operation on Solana, boosting its institutional credibility. Perp DEX Lighter launched Korean stock perpetuals (e.g., Samsung, Hyundai) with funding fee rebates, while Nado increased deposit limits. Additional notable updates include a Dune and Visa collaboration on a stablecoin report, Pudgy Penguins’ new crypto Visa card, and AI agents beginning to use Coinbase’s Agent Wallet for on-chain transactions.

marsbit02/12 16:37

BlackRock's First Foray into DeFi Trading, Coinbase CEO's Stock Sale Controversy – What's the Overseas Crypto Community Talking About Today?

marsbit02/12 16:37

$16M Solana inflow sparks concern – Is a SOL squeeze ahead?

A Galaxy-linked wallet deposited 200,000 SOL (worth approximately $16 million) into major exchanges, raising concerns of potential selling pressure. This inflow coincided with a shift to positive daily netflow, interrupting months of outflows. SOL is trading near a key support zone between $78.07 and $89.75 within a descending channel. Despite oversold RSI conditions, the price continues to show lower highs. Liquidation clusters above and below the current price suggest heightened volatility risk. If buyers defend the $78 support, a short squeeze could trigger a rebound. However, a breakdown may accelerate selling. Market reaction at this level will likely determine the next directional move.

ambcrypto02/12 16:34

$16M Solana inflow sparks concern – Is a SOL squeeze ahead?

ambcrypto02/12 16:34

Cardano – All about Midnight launch date, LayerZero deal, and more…

Charles Hoskinson, founder of Cardano, announced key developments for the ecosystem. LayerZero will be integrated into the Cardano blockchain, a move announced at Consensus Hong Kong 2026. This cross-chain protocol, backed by Citadel Securities, is expected to significantly improve Cardano's interoperability and support high-performance financial applications, including the planned launch of USDCx. Additionally, the privacy-focused partner chain, Midnight, is scheduled for its mainnet launch in the final week of March. It will offer "rational privacy," keeping transactions private by default while allowing users to selectively disclose information. Major companies like Google and Telegram are involved in the initiative. Following the announcements, ADA's price increased by 4-5%, and the Midnight token (NIGHT) saw a 6-7% intraday gain. The article notes that while past upgrades have driven short-term growth in Total Value Locked (TVL) and user activity, sustaining that growth has been challenging. These new developments align with Cardano's roadmap to expand DeFi, Real-World Assets (RWAs), and institutional readiness.

ambcrypto02/12 16:02

Cardano – All about Midnight launch date, LayerZero deal, and more…

ambcrypto02/12 16:02

Crypto Enters Thailand’s Capital Markets After Regulatory Approval

Thailand's Cabinet has approved the use of cryptocurrencies as underlying assets for regulated financial products like futures and options, integrating crypto into mainstream capital markets. The Securities and Exchange Commission will establish detailed rules for exchanges, clearing, and risk controls. Licensed platforms will be required, with stricter custody standards. The move follows earlier initiatives like tokenized government bonds (G-Tokens) and a five-year capital gains tax exemption for on-shore crypto trading. Stablecoins are included to facilitate settlement. While institutional interest is growing, concerns around volatility, custody, and fraud remain. Regulators plan to enforce strict KYC, auditing, and leverage limits to mitigate risks.

bitcoinist02/12 16:01

Crypto Enters Thailand’s Capital Markets After Regulatory Approval

bitcoinist02/12 16:01

Traditional Gambling Companies Enter Prediction Markets, Aiming for a 'Dimensionality Reduction Strike' Against Wall Street Traders

Traditional sports betting giants DraftKings, Fanatics, and FanDuel are entering the prediction market space, leveraging their expertise in odds-making to compete with Wall Street trading companies. These firms are establishing or planning associated market-making entities to provide liquidity and set odds on prediction platforms, viewing their experience in pricing complex, interconnected outcomes as a key advantage. On the other side, Wall Street firms like Susquehanna and Jump Trading are expanding into sports prediction markets, though they face challenges due to limited experience in sports event pricing. Sports betting involves dynamic risk factors such as injuries or weather changes, requiring sophisticated models and data analysis—areas where traditional bookmakers excel. However, Wall Street firms are actively hiring sports specialists to bridge this gap. Competition is intensifying as both sides vie for market share, which may compress profit margins due to narrower spreads. Despite this, betting companies remain confident in their ability to succeed, citing their deep industry knowledge. Over time, the competitive strengths of both groups may converge as talent and strategies blend.

比推02/12 15:05

Traditional Gambling Companies Enter Prediction Markets, Aiming for a 'Dimensionality Reduction Strike' Against Wall Street Traders

比推02/12 15:05

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