BTC $85,960.39 +1.48%
ETH $2,705.60 +0.77%
BNB $793.56 +1.00%
XRP $1.51 +1.52%
SOL $121.40 +1.48%
TRX $0.3357 +0.12%
DOGE $0.0969 +4.37%
ADA $0.2524 +3.13%
BCH $316.16 -0.19%
LINK $14.21 +1.29%
HYPE $90.67 +1.35%
AAVE $177.84 -1.65%
SUI $1.20 +2.81%
XLM $0.2204 +2.24%
ZEC $1,336.32 +1.76%
AAPL $333.59 +0.09%
AMZN $252.53 +0.21%
GOOGL $344.56 +0.35%
MSFT $518.22 +0.04%
META $729.27 -0.09%
NVDA $234.97 +0.02%
TSLA $372.49 +0.44%
SNDK $1,717.69 +0.01%
INTC $117.88 -0.03%
SPCX $159.12 +0.07%
MU $1,067.92 -0.24%
AMD $634.03 -0.00%
BTC $85,960.39 +1.48%
ETH $2,705.60 +0.77%
BNB $793.56 +1.00%
XRP $1.51 +1.52%
SOL $121.40 +1.48%
TRX $0.3357 +0.12%
DOGE $0.0969 +4.37%
ADA $0.2524 +3.13%
BCH $316.16 -0.19%
LINK $14.21 +1.29%
HYPE $90.67 +1.35%
AAVE $177.84 -1.65%
SUI $1.20 +2.81%
XLM $0.2204 +2.24%
ZEC $1,336.32 +1.76%
AAPL $333.59 +0.09%
AMZN $252.53 +0.21%
GOOGL $344.56 +0.35%
MSFT $518.22 +0.04%
META $729.27 -0.09%
NVDA $234.97 +0.02%
TSLA $372.49 +0.44%
SNDK $1,717.69 +0.01%
INTC $117.88 -0.03%
SPCX $159.12 +0.07%
MU $1,067.92 -0.24%
AMD $634.03 -0.00%

chain

All
Article
Flash

first_img Energy developer FSE signed a memorandum with Loaf to plan a blockchain project for over 500 million dollars in photovoltaic energy

Energy developer Fusion Source Energy (FSE) and its partners have signed a memorandum of understanding with the on-chain physical asset platform Loaf to promote the issuance of over $500 million in Australian photovoltaic and battery projects on-chain, covering more than 1,000 hectares, led by the over 200 megawatt Project Amber. According to the memorandum, the funds raised are expected to accelerate project development and expand Amber's battery capacity.Amber is a utility-scale photovoltaic park that will deploy over 200 megawatts of photovoltaic and multi-hour battery storage on-site, with an expected annual power generation sufficient to meet the electricity needs of over 70,000 households, or equivalent to the electricity demand of a 50 megawatt data center. The project pipeline also includes battery storage assets below 5 megawatts and distributed energy resources, which are modular assets closer to the electricity end, capable of forming diversified energy revenue across multiple sites in Australia.FSE CEO Weiwei Shi stated that Amber is one of the largest hybrid on-site projects in the Southern Hemisphere, which have traditionally only been open to a few institutional investors. Loaf can expand the investor base without adding extra friction and provide continuous, transparent pricing for the assets.Loaf stated that Project Amber will become a key asset in its ecosystem. As the project matures and begins trading, users will be able to go long or short and use these assets within the on-chain financial ecosystem. Loaf will participate in the on-chain trading and issuance of physical assets, allowing users to access the economic upside and returns of related infrastructure assets.

first_img Arrakis: On-chain dollar yield RWA buyers primarily use crypto-native funds

On-chain liquidity protocol Arrakis Finance released a study tracking the on-chain buying records of 10 tokenized dollar yield products, using Ethena's sUSDe as a benchmark. The study covered 71,697 buyers with a total buying amount of 91.3 billion dollars. Of the 12.4 billion dollars in categorized demand, about two-thirds came from protocols and DAO treasuries, while the remainder came from individuals, exchanges, market makers, and crypto funds, with no purchases clearly traceable to traditional financial institutions such as pensions, asset management firms, or banks.Wallets with single purchases of 1 million dollars or more accounted for about 4% of buyers but held approximately 93% of the funds; among them, 2,586 buyers contributed over 90% of the nominal purchase amount. The median purchase amount for institutional buyers of Centrifuge's JAAA was about 29.1 million dollars, nearly three times that of the next product. About 80%, totaling 17.4 billion dollars, was settled in USDC, while USDT accounted for about 4.4 billion dollars, almost all of which was used for syrupUSDT. Primary subscriptions were the main pathway, with secondary market purchases accounting for less than 6%, and only sUSDe had 55% obtained through decentralized exchanges.The median first activity time for buyer wallets concentrated around mid-2024, described as new entrants of crypto-native funds. By time zone, Europe, the Middle East, and Africa accounted for 42%, Asia-Pacific for 40%, and the Americas for 18%. After tracing back two hops for 5.17 billion dollars of unmarked institutional-level funds, exchange sources accounted for 40% (Binance 1.12 billion dollars, Coinbase 970 million dollars), DeFi native funds accounted for 38%, and another 22% could not be identified.

NEAR co-creation sharing ecological application construction direction and distribution suggestions, covering AI, cross-chain payment, and privacy transactions, among other directions

Illia Polosukhin, co-founder of NEAR, stated that recently the activity of developers within the ecosystem has increased and the development threshold has further lowered, focusing on what kind of applications to build and how to establish distribution channels.In this regard, he proposed a series of potential construction directions, covering AI electronic pets that combine NEAR AI on-chain verifiable reasoning with non-fungible tokens (NFTs), a universal checkout component that supports full-chain intent payments, a decentralized encyclopedia that combines prediction markets with AI-generated content, a privacy off-chain trading (OTC) market based on NEAR Intents and management of anti-liquidation lending and perpetual contracts, a cross-chain activity registration custody tool in the form of a staking deposit, privacy code review agents, enterprise equity structure management tools, Delta neutral strategy management, privacy tracking single transactions based on view keys, end-to-end encrypted medical auxiliary diagnostic systems, privacy voice transcription desktop applications, and AI benchmarking based on private test sets.Regarding product distribution, he suggested combining NEARLegion with community channels like X, achieving multi-chain wallet compatibility through Aurora Intent Connect to lower cross-chain thresholds, and actively expanding across communities and platforms like Product Hunt.

first_img Celsius v. Chainalysis most charges dismissed, one incitement charge allowed to proceed

According to Cointelegraph, a U.S. federal judge dismissed most of the claims made by the Celsius litigation administrator against the blockchain analytics company Chainalysis, but allowed one to proceed.U.S. District Judge Margaret Garnett of the Southern District of New York ruled on Tuesday, rejecting Chainalysis's request to dismiss the incitement charge, determining that the complaint sufficiently alleges that Chainalysis was aware that a press release issued by Celsius in 2020 contained false statements and assisted in disseminating that information.The court simultaneously dismissed 12 other claims with prejudice, prohibiting the plaintiffs from amending in this case; another 3 consumer protection claims were dismissed without prejudice, requiring the plaintiffs to amend or notify the court by October 20.The lawsuit was initiated by the Blockchain Recovery Investment Consortium (BRIC), which acts as the litigation administrator and claims manager for Celsius's bankruptcy estate, representing Celsius and some former clients in asserting rights. Chainalysis declined to comment to Cointelegraph.The core of the case revolves around a $3.3 billion "audit." In 2020, Celsius used Chainalysis's Reactor software to calculate its managed asset size and publicly announced the results as an audit.According to the complaint outlined by the court, a Celsius executive initially calculated approximately $1.18 billion in assets using Reactor, which later increased to about $3.3 billion due to adjustments in methodology.
app_icon
ChainCatcher Building the Web3 world with innovations.