DATA Network Joins Sui and Walrus to Scale the Supply Chain for AI Training Data

TipRanks11:30

Express News | Analysis: Failure to Pass the Clarity Act May Create Opportunities for DeFi

According to CoinDesk, executives in the crypto industry believe that the failure to pass the Clarity Act will create opportunities for decentralized finance (DeFi), although established exchanges are likely to maintain their competitive advantage. Related initiatives by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) may drive the expansion of regulated on-chain trading and increase institutional participation. Legal experts indicate that while the regulatory framework is expected to advance gradually, there remain gaps that require resolution by the U.S. Congress.

Latest02:58

Express News | Central Bank of Argentina: No Short-Term Push for Crypto-Banking Integration; 2022 Ban Remains in Place

On October 11, Bitcoin.com reported that Juan Curutchet, Head of Financial Institutions and Foreign Exchange at the Central Bank of Argentina (BCRA), stated that cryptocurrencies and digital assets would not be integrated into the banking and payment systems in the short term. He noted that there would be "no changes this year," but viewed integration as a possibility during a potential "second Milei term." This statement contradicts earlier rumors suggesting a potential relaxation of regulations on digital assets, with some banks claiming that a draft allowing banks to offer crypto services is being prepared. This implies that the BCRA's 2022 regulation prohibiting financial institutions from providing crypto services will remain in effect, with its repeal contingent on economic conditions prior to the general election. Curutchet acknowledged that current economic vulnerabilities limit the scope for progress but considered these issues part of a "pending agenda." Despite the ongoing ban, several banking groups are advancing their own stablecoin projects through independent entities, offering programmable money functions such as treasury management, payments based on on-chain events, and collateralized credit management to circumvent current restrictions. According to Chainalysis, Argentina received over $88.5 billion in cryptocurrency value in the 12 months ending June 30, making it the second-largest crypto hub in Latin America.

LatestOct 11 19:35

Trading Boom and Industrial Constraints: Why Is South Korea’s Crypto Industry Mired in Structural Dilemmas?

South Korea has long been one of the most unique countries in the global cryptocurrency market.

Jinse FinanceOct 11 17:08

New Tech to Power Bitcoin Lending Is Set to Debut With $500 Million in Commitments

Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.

CoinDeskOct 9 14:40

Express News | Sui achieves 40.61 million transactions per second in live demo, settled to mainnet

On October 7, according to an official announcement from Sui, the network achieved 40.61418 million transactions per second (TPS) during a live demonstration at the Sui Basecamp conference in Singapore, with settlements finalized on the Sui mainnet. This performance exceeded its target of 20 million TPS and significantly surpassed the previous record of over 6 million TPS set on July 4. The test was led by Adeniyi Abiodun, Co-founder and Chief Product Officer of Mysten Labs, and was verified in real-time by the independent auditing firm CertiK, which is scheduled to release a report in the coming days. The throughput was achieved using Sui Tunnels—a type of programmable off-chain state and payment channel that enables secure and verifiable settlement to the mainnet under high-throughput conditions. Unlike Lightning Network channels, Sui Tunnels are programmable and support gas-free off-chain activities such as chat, gaming, and payments. During the test, users and AI agents opened more than 10,000 channels on the mainnet within seconds. Officials stated that this result is more than six times the July record, demonstrating the network's capacity to support AI agents and machine-to-machine commerce.

LatestOct 7 19:04