May 28, 2026 13:36 Fireblocks introduces OTL, a protocol stack to solve identity, compliance, and coordination gaps in onchain finance, enabling seamless integration. Fireblocks has announced the Open Transaction Layer (OTL), an open protocol stack designed to address operational and compliance challenges in onchain finance. OTL aims to standardize identity verification, compliance, and transaction coordination across centralized finance (CeFi), decentralized finance (DeFi), non-custodial wallets, and virtual asset service providers (VASPs). This move could significantly streamline the fragmented infrastructure currently underpinning institutional blockchain adoption. The initiative, launched with partners like B2C2, Polygon, Solana Foundation, eToro, and Robinhood, introduces a modular framework…
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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The first installment of this Bitcoin-AI convergence series explored a foundational idea: Bitcoin mining was never just about digital currency. It was designed as a long-term energy system, converting electricity into computation. The second installment examined how modern AI data centers are built on the same physical foundation as Bitcoin mining — chips, power, cooling, and infrastructure working together to turn electricity into compute at an industrial scale. The…
Luxury smartphone brand Vertu on Thursday unveiled a foldable phone powered by an AI agent that connects with enterprise software and coordinates workflows. The company is targeting executives who manage business operations and communications on the move. Called the Alphafold, the foldable smartphone starts at $6,880 for the calfskin version. Higher-end models feature bespoke finishes including alligator leather, 18K gold, and natural diamond accents, along with customized detailing. This continues Vertu’s long-standing strategy of positioning its phones as luxury status symbols aimed at affluent buyers. The company told TechCrunch that its highest-end standard model is currently priced at $46,800, with…
Ethereum price began a new decline, trading below $2,050. ETH is currently consolidating above $2,000 and may struggle to recover. Ethereum remained in the bearish zone after a fresh drop below $2,080. The price is trading below $2,050 and the 100 hourly simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a bearish trend line forming with resistance at $2,040. If the price remains below the $2,090 zone, the decline may continue. Losses widen in Ethereum price Ethereum price failed to maintain stability above $2,100 and a new decline began, similar to Bitcoin. ETH price fell…
Avalanche’s network has reached a new record high in distributed RWA value. Data shows over $1.16 billion on-chain, boosted by BlackRock. AVAX price looks to hold $9.00 support amid this ecosystem growth. Avalanche price hovered $9.25 on Wednesday as bulls attempted to solidify the uptick from intraday lows of $9.10. The declines had put AVAX price down about 4% in the past 24 hours amid wider market weakness, with most altcoins shedding gains after Bitcoin briefly slipped below $75,000. While the pullback in BTC could continue to pressure altcoins, could AVAX bounce to above $10.00 as the project hits a…
Last week, after Google announced its huge overhaul to Search, I overheard a woman on the phone saying she was switching to DuckDuckGo because you can “opt out of using AI.” “Google just isn’t Google anymore,” she said. It seems that others had the same idea. At I/O, Google’s annual developer conference, the company said its traditional list of blue links is being replaced by an AI agent that answers queries, executes tasks, and runs background monitoring agents. The backlash has been sharp. Some have argued it will kill the open web, while others shared concerns that AI overviews surface…
Key TakeawaysSB 2136 bans virtual, dual, and multi-currency online sweepstakes casino games; SB 1992 makes prediction market manipulation a Class E felony.Tennessee becomes the seventh U.S. state to outlaw sweepstakes casinos, joining California, Connecticut, New Jersey, New York, Montana, and Louisiana.The prediction market law follows Tennessee’s failed civil enforcement effort against Kalshi in February. Lee Signs SB 2136 and SB 1992 on Final Day of 10-Day Decision Window Tennessee Gov. Bill Lee signed two pieces of gambling legislation on Friday, May 22, the final day of his 10-day decision window after the bills were sent to his desk on May…
XRP is gradually redefining how value is assessed in the crypto market as its utility-focused narrative continues to expand beyond the simple. market Comparison of caps. While some assets are judged primarily based on speculative valuations, XRP's role in the global payments infrastructure introduces a different framework centered around efficiency, liquidity, and real-world usage. How institutional payment flows shape XRP demand XRP should not be viewed as a traditional cryptocurrency, but rather as a digital instrument designed to facilitate liquidity across the global financial network. According to For CharuSan, market capitalization is a measure of stock price and fails to…