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EthOS launches hardware device for Ethereum on-chain dApp interactions

  • ethOS launches dGEN1, a device for Ethereum on-chain dApp interactions.
  • dGEN1 runs on LineageOS with a Nimbus client, eliminating third-party RPCs.
  • Preorders open at 0.2 ETH via NFT minting, shipping in Q2 2025.

The Ethereum-based operating system ethOS has unveiled the dGEN1, a pioneering hardware device designed to enhance interactions with on-chain decentralized applications (dApps).

This innovative product, which ethOS describes as “the first on-chain everyday carry,” is specifically optimized for users engaging with Ethereum’s expanding ecosystem.

dGEN1 will operate on a version of LineageOS

The launch of the dGEN1 follows the success of similar blockchain-focused devices, such as the Solana Mobile Saga and Seeker. However, unlike its Solana counterparts, the dGEN1 does not offer telecom capabilities, focusing solely on Ethereum interactions.

The dGEN1 operates on a specialized version of LineageOS, a popular Android fork, which enables the integration of a native Nimbus light client. This feature allows users to verify their data while interacting with dApps, eliminating the need to rely on potentially untrustworthy third-party remote procedure calls (RPCs).

The device also includes a built-in browser that supports IPFS and .eth domains, facilitating seamless access to decentralized content.

One of the standout features of the dGEN1 is its dedicated screen, which provides real-time transaction notifications and metadata during network interactions. This functionality aims to enhance the user experience by ensuring that users remain informed about their activities on the Ethereum network.

dGEN1 preorders currently open

For those interested in acquiring the dGEN1, preorders are currently available through an NFT minting process on the Base Layer 2 network for 0.2 ETH, approximately $520.

According to the company, shipping of the devices is expected by the second quarter of 2025, and as of now, around 630 users hold the associated NFT.

In addition to the device, ethOS plans to reward device owners with an airdrop upon delivery of the dGEN1. Each owner will share in the airdrop pool, further incentivizing early adopters.

With its unique features and design, the dGEN1 aims to position itself as an essential tool for Ethereum enthusiasts looking to engage with on-chain dApps efficiently.

The post EthOS launches hardware device for Ethereum on-chain dApp interactions appeared first on CoinJournal.

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DBS Bank rolls out ‘Token Services’ for blockchain-based banking

  • DBS Bank has launched “Token Services” to enhance blockchain solutions for clients.
  • Key offerings of the ‘DBS Token Services’ include Treasury Tokens, Conditional Payments, and Programmable Rewards.
  • The services optimize liquidity management and streamline operational workflows.

DBS Bank, Singapore’s largest financial institution by assets, has launched a new suite of products called “DBS Token Services,” aimed at enhancing blockchain-based banking solutions for institutional clients.

This innovative initiative integrates tokenization and smart contract-enabled capabilities with the bank’s existing services, marking a significant step towards modernizing financial transactions in the digital age.

The DBS Token Services

The newly introduced DBS Token Services enable clients, including corporations and public sector entities, to optimize liquidity management and streamline operational workflows.

By harnessing the power of its Ethereum Virtual Machine-compatible permissioned blockchain, DBS aims to enhance transaction efficiency and governance over fund usage through smart contracts. The service suite includes several key offerings: Treasury Tokens, Conditional Payments, and Programmable Rewards.

Treasury Tokens, introduced in August in partnership with Ant International, allow multinational corporations to settle multi-currency intra-group transactions around the clock, thereby providing enhanced flexibility and efficiency.

Furthermore, Conditional Payments are designed to improve payment workflows, ensuring that funds are allocated and utilized in accordance with predefined criteria. Meanwhile, the Programmable Rewards feature enables institutions to create tailored digital voucher programs, enhancing customer engagement and satisfaction.

Lim Soon Chong, the group head of global transaction services at DBS Bank, emphasized that the Token Services empower clients to strengthen business resilience and unlock new opportunities for end-user engagement. “These services enable companies and public sector entities to optimize liquidity management and streamline operational workflows,” he stated.

By utilizing a permissioned blockchain, DBS Bank maintains full control over these services while ensuring compliance with regulatory standards.

This strategic move not only showcases DBS’s commitment to innovation but also positions the bank as a leader in the evolving landscape of blockchain technology and digital banking solutions.

As the financial industry continues to adapt to the demands of a digital economy, DBS Bank’s Token Services represent a forward-thinking approach to meet the needs of its institutional clients.

The post DBS Bank rolls out ‘Token Services’ for blockchain-based banking appeared first on CoinJournal.

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Dogecoin (DOGE) price up as meme coins rise

  • Dogecoin price spiked double-digits in 24 hours to hit its highest level in close to three months.
  • DOGE price broke above $0.13, above levels seen in July as several meme coins surged.

While the meme coin’s price rose amid broader optimism in the crypto market, which had Bitcoin above $68k, its likely Dogecoin benefited from fresh upside sentiment following latest comments by Tesla CEO Elon Musk.

Per data from CoinMarketCap, DOGE ranked as the best performing coin among the top 100 cryptocurrencies by market cap on Friday morning. The dog-themed meme coin’s 10% in 24 hours gain came as Popcat, Mog Coin, Floki and cat in a dogs’ world all surged.

At the time of writing, the global meme coin market cap was up 3.6% to $62 billion, likely indicating a bullish flip for crypto is setting up.

As Dogecoin price eyes further gains, crypto analysts are suggesting a potential breakout in on cards.

Crypto trader Hardy says DOGE has seen a “textbook” falling wedge breakout and could be in for a wild run.

DOGE spikes amid Musk comment

Donald Trump has previously noted that he’s open to X owner and Tesla CEO Elon Musk joining his cabinet if Trump wins the upcoming election. This particular position is the new Department of Government Efficiency, or abbreviated to ‘DOGE’.

In comments made in Pennsylvania, Musk replied to a question related to the potential of him joining the new docket by mentioning “DOGE”. Although not explicitly about the meme coin, it’s notable that Musk has previously supported Dogecoin.

Tesla even added the meme coin as a payment option for its EVs. DOGE price reached an all-time high of $0.73 in May 2021.

The post Dogecoin (DOGE) price up as meme coins rise appeared first on CoinJournal.

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Mountain Protocol integrates Chainlink’s CCIP for USDM transfers

  • Mountain Protocol has integrated Chainlink’s cross-chain transfers technology.
  • The cross-chain interoperability protocol, CCIP, will help USDM users transfer yield-bearing stablecoin across Ethereum, Base and other chains.

Mountain Protocol has announced that it will tap into oracle network Chainlink’s technology for cross-chain transfers of its yield-bearing stablecoin USDM.

The USDM token is fully backed by US Treasuries.

Mountain Protocol integrates CCIP

According to a blog post, the integration involves Chainlink’s cross-chain interoperability protocol (CCIP).

Mountain Protocol will leverage the standard for cross-chain  transfers of its stablecoin USDM across Ethereum, Optimism, Arbitrum, Base, and Polygon PoS. Users can use the Chainlink-powered XSwap bridge for these transfers.

It’s the latest CCIP integration by a blockchain protocol, with users benefitting from simplified transfers, unified liquidity and security.

Using CCIP for USDM transfers works by burning tokens on originating blockchain and minting new ones on the destination chain. This ensures supply consistency and transaction integrity, with users able to tap into the stablecoin for decentralised finance activities on any of the supported chains.

Chainlink’s CCIP is key in the growing tokenized real-world assets market. Currently total RWA on-chain is over $13 billion, according to rwa.xyz. Meanwhile, the stablecoin market is around $171 billion, with USDM around  $55.5 million per rwa.xyz.

The cross-chain interoperability protocol, alongside other services such as Proof of Reserve, Data Streams and Data Feeds are helping bring DeFi to more people through tokenized RWAs.

Other than token transfers and DeFi, Chainlink’s CCIP has use cases across gaming, web3 usernames and liquidation protection.

The post Mountain Protocol integrates Chainlink’s CCIP for USDM transfers appeared first on CoinJournal.