Kategorie: Crypto News

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Injective offers users the ability to create their own AI agents with new SDK

  • Injective’s iAgent SDK enables on-chain AI agents using natural language commands.
  • Users can automate payments, trades, and market analysis with tailored AI agents.
  • iAgent combines AI and blockchain, simplifying tasks for both experts and novices.

Injective, a prominent blockchain protocol for finance, has unveiled a groundbreaking software development kit (SDK) called iAgent.

This innovative toolkit empowers users to build on-chain AI agents capable of automating blockchain tasks through natural language commands, heralding a new era of AI-driven blockchain interactions.

Announced at the Injective Summit 2024, iAgent integrates seamlessly with large language models such as OpenAI’s ChatGPT.

The SDK simplifies complex blockchain operations by allowing users to perform tasks like instant payments, order placement across decentralized exchanges, wallet balance checks, and predictive trend analysis—all through conversational commands in everyday English.

The flexibility of iAgent allows users to create multiple agents tailored for specific purposes. For instance, one agent can monitor market data in real-time, while another can handle automated trade execution. The system ensures transparency by tracking transactions with details such as hash codes and block heights, making it both user-friendly and secure.

Injective has positioned iAgent as a key solution for combining artificial intelligence with on-chain infrastructure, aiming to redefine the possibilities of AI in the financial sector. The toolkit also enables AI agents to interact with APIs, databases, and applications, further enhancing automation capabilities.

The launch aligns with a growing trend in the crypto industry where AI agents are becoming increasingly popular. Venture capital funds like ai16z and projects such as Virtuals Protocol are championing this narrative, pushing for the integration of AI agents capable of autonomous decision-making in blockchain ecosystems.

Injective’s innovation comes amid bullish market predictions for 2025, with factors like pro-crypto sentiment under Donald Trump’s presidency expected to drive the adoption of AI-powered blockchain solutions.

With features such as natural language processing, real-time market analysis, and predictive analytics, iAgent offers a comprehensive solution for both developers and non-technical users.

By automating and simplifying blockchain interactions, Injective is paving the way for AI-enabled finance, solidifying its position as a leader in the decentralized finance (DeFi) space.

The post Injective offers users the ability to create their own AI agents with new SDK appeared first on CoinJournal.

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Coinbase will delist Wrapped Bitcoin (WBTC) next month

  • Coinbase will delist WBTC on December 19, 2024, due to unmet listing criteria.
  • WBTC will be moved to limit-only mode, with withdrawals still accessible.
  • Coinbase’s cbBTC, launched in September, has been gaining market share in wrapped Bitcoin.

Coinbase, one of the largest cryptocurrency exchanges, has announced it will delist Wrapped Bitcoin (WBTC) from its platforms on December 19, 2024.

The decision will affect all Coinbase services, including Coinbase.com, Coinbase Exchange, and Coinbase Prime, and comes amid ongoing assessments of the exchange’s listing standards.

As part of the transition, WBTC order books have been switched to limit-only mode. This allows users to place, cancel, and match limit orders but restricts other trading functionalities.

Despite the suspension of trading, Coinbase assured users that WBTC holdings would remain accessible, and withdrawals could be made at any time.

WBTC doesn’t meet Coinbase listing criteria

In its statement, Coinbase noted that the move was a result of its latest review, which suggested Wrapped Bitcoin (WBTC) no longer meets its listing criteria.

While no specific reasons were disclosed, the announcement emphasizes Coinbase’s commitment to maintaining regulatory compliance and providing high-quality assets for trading.

Notably, the delisting comes just months after Coinbase launched its own wrapped Bitcoin token, Coinbase Wrapped Bitcoin (cbBTC).

Introduced in September 2024, cbBTC is an ERC-20 token fully backed 1:1 by Bitcoin held in Coinbase’s custody. It offers integration with decentralized applications (dApps) across networks like Ethereum, Base, and Solana.

CbBTC has quickly gained traction, reaching a market capitalization of $1.3 billion and a circulating supply of over 15,000 tokens. The majority of cbBTC tokens—82%—are on Coinbase’s Base network, with the rest distributed across Ethereum and Solana.

The rising popularity of cbBTC positions it as a strong competitor to WBTC in the DeFi ecosystem.

Wrapped Bitcoin (WBTC) team surprised by the move

In response the WBTC team has expressed surprise and disappointment over Coinbase’s decision to delist the asset, reaffirming their dedication to compliance, transparency, and decentralization.

In a statement, they emphasized the robust governance, secure custody processes, and regulatory adherence of their product, positioning WBTC as the most decentralized wrapped BTC solution available.

The WBTC team urged Coinbase to reconsider its decision, offering to provide additional information or clarification to resolve any concerns.

The post Coinbase will delist Wrapped Bitcoin (WBTC) next month appeared first on CoinJournal.

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Bitfinex Securities launches first tokenized US Treasury bill in El Salvador

  • Bitfinex Securities is teaming up with NexBridge to bring a tokenized US Treasury bill to El Salvador.
  • USTBL leverages Bitcoin’s technology of Liquid Network and Blockstream AMP.
  • Proceeds of the $30 million initial raise are to be allocated in iShares Treasury Bond 0-1yr UCITS ETF, per the announcement.

Bitfinex Securities and NexBridge, a digital asset issuer focused on tokenization of financial assets, have teamed up to launch the first tokenized US Treasury bill in El Salvador.

The tokenized T-bill, USTBL, leverages Bitcoin technology. Specifically, the issuers are leveraging the flagship digital asset’s Liquid Network and Blockstream AMP, an asset management platform that allows users to issue and manage crypto assets on the Liquid Network.

Subscriptions for the USTBL open on Nov. 19

According to a press release, the product will have an initial offering soft capped at $30 million, and will offer investors access to US Treasury returns in USD. USTBL is backed by iShares Treasury Bond 0-1yr UCITS ETF, the short-term Treasury bond ETF of asset management giant BlackRock.

Initial subscriptions open on November 19, 2024, and closes on November 29. However, investors will also get access via further subscription windows. Subscriptions are initially available in the stablecoin Tether (USDT), while the issuers have plans to add support for Bitcoin (BTC).

“The inclusion of USTBL tokens in investment portfolios will enable investors to balance digital asset exposure with the stability of traditional finance, offering a new level of diversification that can help reduce overall portfolio risk,” Jesse Knutson, head of operations at Bitfinex Securities, said in a statement.

Michele Crivelli, founder of NexBridge, added:

“By leveraging Bitcoin’s technology and infrastructure, we’re laying the foundation for a globally accessible financial ecosystem, bringing tokenized U.S. Treasuries to investors worldwide while maintaining full regulatory compliance.”

This launch comes amid massive traction across real-world assets tokenization. The RWA on-chain market has grown rapidly with products such as funds, bonds and credit.

According to rwa.xyz, the global RWA market is currently over $13 billion, with tokenized US treasuries, bonds and cash equivalents at $2.4 billion.

The post Bitfinex Securities launches first tokenized US Treasury bill in El Salvador appeared first on CoinJournal.

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Gemini officially launches its platform in France following its DASP registration

  • Gemini launches in France after securing DASP registration in January.
  • The launched platform supports 70+ assets, euro deposits, and institutional trading tools.
  • France’s crypto growth and MiCA regulations drive Gemini’s European expansion.

Gemini, the renowned cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has officially entered the French market, marking a significant milestone in its European expansion.

This move comes nearly a year after the company secured a Digital Asset Service Provider (DASP) registration from France’s regulatory authority, the Autorité des Marchés Financiers (AMF), in January 2024.

French Retail and institutional investors can now use Gemini

The launch enables French users to deposit, trade, and store over 70 digital assets on both web and mobile platforms. Local payment options, including debit cards, bank transfers, and Apple Pay, are supported for deposits in euros and British pounds, making the platform more accessible to the French audience.

Advanced traders can access more than 80 trading pairs through Gemini’s robust investment platform, which also offers various API integrations for seamless trading.

Institutional investors are not left out, as Gemini’s over-the-counter (OTC) desk and eOTC trading system provide a secure avenue for executing large transactions with deep liquidity.

Gillian Lynch, Gemini’s CEO for the United Kingdom and Europe, highlighted the company’s commitment to localization by ensuring the platform is fully translated and optimized for French users.

The rise of crypto adoption in France

France has emerged as a strategic market for Gemini, thanks to its increasing cryptocurrency adoption and a favourable regulatory environment shaped by the DASP regime and the European Union’s Markets in Crypto-Assets Regulation (MiCA).

According to Gemini’s 2024 Global State of Crypto report, trust in cryptocurrency is higher in France than in the United States or the United Kingdom.

Over the past two years, France has experienced a 2% increase in crypto adoption, making it the fastest-growing crypto economy in the region.

Gemini views this as an opportunity to further establish its presence in Europe. Lynch expressed optimism about expanding the platform’s services and improving accessibility for French customers.

With its pro-crypto stance and regulatory clarity, France is poised to play a pivotal role in Gemini’s vision for a robust European crypto market.

This strategic launch underscores Gemini’s commitment to delivering secure and innovative crypto solutions in a growing and trusted market.

The post Gemini officially launches its platform in France following its DASP registration appeared first on CoinJournal.

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Thumzup to add Bitcoin payments for gig economy workers

  • Thumzup will soon pay its gig workers via Bitcoin.
  • The Nasdaq-listed media and marketing firm recently added BTC as a treasury asset.

Thumzup, the media marketing company that recently adopted a Bitcoin (BTC) strategy with a $1 million purchase, has announced plans to add crypto payments for gig economy workers.

In a Nov. 19 announcement, Thumzup Media Corporation said it planned to soon add Bitcoin to its gig economy workers. The publicly-traded company will offer this option via its Account Specialist Program (ASP). It’s a move that expands on the marketing solutions provider’s businesses that allows its clients to pay cash to fans via Venmo and PayPal.

This latest move also adds to the growing adoption of cryptocurrency payments, particularly in the gig economy.

For its feature, Thumzup will leverage top crypto platforms like Coinbase to integrate BTC into its payout system.

“We’re thrilled to empower the gig economy with the option of Bitcoin payments, especially in tech-forward areas like Los Angeles and South Florida,” Robert Steele, chief executive officer of Thumzup, said in a statement.

“This initiative offers them faster transactions, lower fees, and more financial privacy. Plus, with Bitcoin’s growing acceptance, they can easily use their earnings for daily expenses or as a potential investment,” Steele added.

Thumzup plans to roll out the ASP feature with crypto payments from January 2025. While the new model is expected to see greater traction, Thumzup will continue to support traditional bank payments for those that prefer the existing options.

The post Thumzup to add Bitcoin payments for gig economy workers appeared first on CoinJournal.