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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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šŸ“ŠHere’s why you shouldn’t panic over Mt.Gox’s 137,000 Bitcoin dumpšŸ“Š

Ahead of the payout of 137,000 Bitcoins (BTC) to customers of the hacked Mt. Gox trading platform the crypto market has been rife with speculation regarding the impact of the compensation.

Notably, with Bitcoin struggling, there is fear that Mt. Gox customers might dump their newly reclaimed BTC resulting in further market volatility.

However, this is not the case since, during the registration request, creditors were given the option of getting their Bitcoin early, in partial lump sum payment or wait until the end of civil rehabilitation once more funds are available for disbursement.

The payment is set to begin late August as per the documentation by court appointed trustee Nobauaki Kobayashi.

ā€œFollowing discussions with the Court and in accordance with the Rehabilitation Plan, the Rehabilitation Trustee plans to set the Assignment, etc. Restriction Reference Period from approximately the end of August this year until all or part of the repayments made as initial repayments is completed for safe and secure Repayments,ā€ Kobayashi said.

The payment process to last months
According to crypto analyst Danny Devan, the process might take several months and does not pose an immediate threat to swaying Bitcoinā€™s price.

ā€œThereā€™s so much false information floating around Twitter so letā€™s clear something up. Mt.Gox isnā€™t releasing ALL 137,000 bitcoin tomorrow. Itā€™s starting the repayment process tomorrow so creditors will begin to receive their bitcoin. The entire process will take months!,ā€ Devan said in a tweet posted on August 27.

Elsewhere, in a tweet on August 26, crypto trading expert MichaĆ«l van de Poppe termed the fear ā€˜unwarrantedā€™.

ā€œThe fear around the release of, potentially, the Mt. Gox Bitcoins is just unwarranted. Typical crypto,ā€ said Poppe.

At the same time, in the rehabilitation plan released in November last year, Kobayashi noted that creditors can also choose to receive the BTC in different currencies including the dollar or Bitcoin Cash.

Furthermore, it is unlikely the creditors will immediately liquidate their Bitcoin considering they are early believers in crypto and might wait until the asset rallies again to profit. Notably, Bitcoin has dropped almost 60% from itā€™s all-time high.

Bitcoin continues to struggle
Amid the speculation, Bitcoin is still attempting to hold above $20,000 after temporarily dropping below the value on August 27. By press time, the asset was trading at $20,020 with losses of over 1% in the last 24 hours.

It is worth noting that Mt.Gox was the largest Bitcoin exchange before losing about 850,000 BTC valued at around $500 million at the time to hackers. To date, only 150,000 of the stolen Bitcoin have been recovered.

As reported by Finbold in October 2021, the voting period for the Mt. Gox civil rehabilitation plan was finalized after the Tokyo District Court approved its draft in December 2020.

https://finbold.com/heres-why-you-should-not-panic-over-mt-goxs-137000-bitcoin-dump/

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thedinarian@thedinarian
15 hours ago
šŸšØNEW: Watch @BoHines sit down with @CryptoAmerica_

Watch @BoHines sit down with @CryptoAmerica_ to discuss key details of the White House crypto report including anticipated new DOJ guidance, as well as fresh commentary on the @rstormsf trial, and the nomination of @BrianQuintenz to lead the @CFTC.

00:28:43
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thedinarian@thedinarian
16 hours ago
Why Invest In XRP?

Because Ripple Is EVERYWHERE!

This is on Wall Street... NY

00:00:06
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thedinarian@thedinarian
16 hours ago
šŸ‘‰"You're gonna be told that there is a craft on its way to Earth.

"That 100 fxxxing percent is the lie you are going to be told."

Jeremy Corbell in January 2025

00:02:38
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thedinarian@thedinarian
October 31, 2024
šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

The future of Crypto x AI is about to go crazy.

šŸ‘‰ Hereā€™s what you need to know:

šŸ’  'Based Agent' enables creation of custom AI agents
šŸ’  Users set up personalized agents in < 3 minutes
šŸ’  Equipped w/ crypto wallet and on-chain functions
šŸ’  Capable of completing trades, swaps, and staking
šŸ’  Integrates with Coinbaseā€™s SDK, OpenAI, & Replit

šŸ‘‰ What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto šŸ‘‰txns done by AI agents by 2025

šŸšØ I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading
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thedinarian@thedinarian
6 hours ago

šŸšØ Hedera $HBAR , $XDC Network, and $QNT have been chosen by SWIFT to join this year's Sibos 2025 as discovered exhibitors. Seems SWIFT chose these tokens, which are all DLTs, were chosen specifically for the event, signifying key institutional interest in these ecosystems. This is very good news.

Op: Realallincrypto

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thedinarian@thedinarian
6 hours ago

ā€¼ļøJUST IN JULY 2025 REPORT REVEALS PUBLICLY TRADED COMPANY IMMUTABLE HOLDINGS WILL BEGIN STRATEGICALLY ACCUMULATING HBAR TOKENSā€¼ļø

Massive signal.šŸ’Ž

Corporate treasuries are actively seeking ISO 20022 compliant assets as the foundation of their long term digital asset strategy.šŸ”‘

ā€œThe Company believes HBAR is a high-quality digital asset with long-term potential, distinguished by the Hedera network's enterprise-grade performance, low transaction costs, carbon-negative operations, and growing adoption among enterprise and public sector applications.ā€āœ…

ā€œHBAR = a compelling candidate for long-term digital asset treasury management.ā€āœ…

Documented below.šŸ“šŸ‘‡

Op: Smqkedqg

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thedinarian@thedinarian
6 hours ago

Remember, Harvard revealed that the Road Map to the Digital Dollar INVOLVES XRP AND XLM.šŸŽÆ

Documented.šŸ“šŸ’Ø

Op: Smqkedqg

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thedinarian@thedinarian
July 28, 2025
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PYTH: We'll Always Have Coldplay

Welcome back toĀ The Epicenter, where crypto chaos meets corporate cringe.

But surprisingly, crypto hasĀ notĀ been the most chaotic corner of the internet as of late.

That honor goes to the startupĀ Astronomer, whose CEOā€™s cheating scandal broke the web in a glorious meme-fueled media frenzy. The companyā€™s damage control? Hiring Gwyneth Paltrow as a ā€œtemporary spokesperson.ā€ Do we think theyā€™re grasping at straws or setting a new standard for PR?

Meanwhile, the markets didnā€™t blink. BTC is still flexing near its all-time highs. Michael Saylorā€™s bringing a bitcoin-adjacent money-market product to Wall Street. A pharma company just earmarked $700M to stack BNB, and analysts are calling time of death on the four-year crypto cycle. Itā€™s a steady boom now, kittens.

A few things that are also worth noting: Winklevoss vs. JPMorgan, Visaā€™s take on stablecoins, and Robinhoodā€™s Euro drama that defies the chillness of eurosummer.

Letā€™s get into it šŸ‘‡

ā›“ļø The On-Chain Pulse: Whatā€™s Happening on the Front Lines of Finance

This weekā€™s biggest news in crypto and all things digital assets

šŸ—£ļø Word on the Street: What the Experts are Saying

Stuff you should repost (or maybe evenĀ coughĀ reword and take credit for)

Meme of the Week

šŸ¦ Kiss my SaaS: Whatā€™s Changing the Game for Fintech

Things you should care about if you want to impress your coworkers

Closing Thoughts

From meme-fueled PR stunts to Bitcoin-backed money-market funds, this week reminded us that markets move fastā€”and headlines move faster. With Wall Street automating itself, fintechs beefing with banks, and even your smartphone becoming a miner, anything is possible. Stay curious, stay cynical, and as alwaysā€”stay sharp and stay liquid. Weā€™ll see you back here in two weeks.

ā€”Ā The Epicenter, powered by Pyth Network

Ā 

šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto ā€“ Support via Coinbase Wallet to: [email protected]

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thedinarian@thedinarian
July 27, 2025
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4 Fintech Companies šŸ’ø& Things To Know About šŸ¤”

The fintech revolution is reshaping the way we manage, invest, and move money, breaking down traditional barriers and empowering individuals worldwide. As financial technology continues to evolve at a rapid pace, a select group of innovative companies are leading the charge by offering groundbreaking solutions that redefine banking, payments, and digital assets. Whether youā€™re a savvy investor, an industry professional, or simply curious about the future of finance, discovering these trailblazing fintech companies is essential to understanding todayā€™s dynamic financial landscape.

Ā 

  1. Ā Alina InvestĀ - The AI Wealth Manager for GenZ Women

Alina is aimed at women under 25 who identify as beginner investors. They're an SEC-registered investment advisor that charges $120/year for membership. The service "buys and sells for you" and gives up notification updates of recent transactions like a wealth manager would.

šŸ‘‰ Getting people to invest early is crucial to building long-term wealth. One thing that holds them back is a lack of confidence and experience. Being targetted "for beginners" and people who live on TikTok should appeal. I love the sense of "we're buying and selling for you." Funds always do that, but making it an engagement mechanic is very smart. The risk here is that building a wealth business will take decades for the AUM to compound. But the next generations, Wealthfront or Betterment, will look something like Alina.

2.Ā Blue layerĀ - The Carbon project funding platform

Bluelayer allows Carbon project developers to take from feasibility studies to issuing credits, tracking inventory, and managing orders. Developers of reforestation, conservation, direct air capture, and other projects can also directly report to industry registries.Ā 

šŸ‘‰ Carbon investing and tax credits are heavily incentivized but need transparent data.Ā By focusing on the developers, Bluelayer can ensure the data, reporting, and credits lifecycle is all managed at the source. This is smart.

3.Ā AkirolabsĀ - Modern Procurement for enterprise

Akiro is a "strategic" procurement platform aiming to help enterprise customers identify risks, value drivers, and strategic levers before issuing an RFP. It aims to bring in multiple stakeholders for complex purchasing decisions at multinationals.Ā 

šŸ‘‰ Procurement is a great wedge for multinational corporate transformation.Ā Buying anything in an enterprise that uses large-scale ERPs is a nightmare of committees and spreadsheets. Turning an oil tanker-sized organization around is difficult, but the right suppliers can have a meaningful impact in the short term. That only worksĀ if you can buy from them. Getting people on the same page with a single platform is a great start.

4.Ā NeoTaxĀ - Automated Tax R&D Credits

NeoTax allows companies to connect their engineering tools to calculate available tax advantages automatically. Once calculated, the tax fillings are clearly labeled with supporting evidence for the IRS.

šŸ‘‰ AWS and GCP log files and data are a goldmine.Ā Last week, I covered Bilanc, which uses log files to figure out per-account unit economics. Now, we calculate R&D tax credits. The unlock here is LLM's ability to understand unstructured data. The hard part is understanding the moat, but time will tell.

In an era where technology and finance are increasingly intertwined, these four fintech companies stand out as catalysts for positive change. By driving progress in digital payments, asset management, lending, and decentralized finance, they are not only making financial services more accessible and efficientā€”they are also paving the way for a more inclusive and empowered global economy. Staying informed about their innovations can help you seize new opportunities and take part in the future of finance.

Ā 

šŸ‘€Things to know šŸ‘€

Ā 

PayPal issued low guidance and warned of a ā€œtransition year.ā€ The stock is down 8% in extended trading despite PayPal reporting a 9% growth in revenue and 23% EBITDA. Gross profit is down 4% YoY. PayPal's total revenues were $29Bn for the year

Adyen reported 22% revenue growth and an EBITDA margin of 46% for the full year. Adyen's total revenues were $1.75bn for the full year. The margin was down from 55% the previous year, impacted by hiring ahead of growth.

šŸ¤”Ā PayPalā€™s Braintree (unbranded) is losing market share in the US, while Adyen is winning it.Ā eCommerce is growing ~9 to 10% YoY, and PayPalā€™s transaction revenue grew by 6.7%. The higher interest rate environment meant interest on balances dragged up the total revenue figure. Their core business is losing market share. Adyen is outgrowing the market by ~12%.

šŸ¤”Ā The PayPal button (branded) is losing to SHOP Pay and Apple Pay.Ā The branded experience from Apple and Shopify is delightful for users; itā€™s fast and helps with small details like delivery tracking. That experience translates to higher conversion (and more revenue) for merchants.

šŸ¤”Ā The lack of a single global platform hurts PayPal, but it helps Adyen.Ā In the earnings call, the new CEO admitted their mix of platforms like Venmo, PayPal, and Braintree are holding them back. They aim to combine and simplify, but thatā€™s easier said than done.

šŸ¤”Ā Making a single platform from PayPal, Venmo, and Braintree wonā€™t be easy.Ā Thereā€™s a graveyard of payment company CEOs who tried to make ā€œone platformā€ from things they acquired years ago. Itā€™s crucial if theyā€™re going to grow that they get their innovation edge back. Adyen has one platform in every market.

šŸ¤”Ā PayPalā€™s UK and European acquiring business is a bright spot.Ā The UK and EU delivered 20% of overall revenue, growing 11% YoY. Square and Toast donā€™t have market share here, while iZettle, which PayPal acquired in 2018, is a strong market player. Overall though, itā€™sĀ yet anotherĀ tech stack and business thatā€™s not part of a single global platform.

The two banks provided accounts to UK front companies secretly owned by an Iranian petrochemicals company. PCC has used these entities to receive funds from Iranian entities in China, concealed with trustee agreements and nominee directors.Ā 

šŸ¤”Ā This is the headline every bank CEO fears. Oof.Ā Shares of both banks have been down since the news broke, but this will no doubt involve crisis calls, committees, appearing in front of the regulator, and, finally, some sort of fine.

šŸ¤”Ā The "risk-based approach" has been arbitraged.Ā A UK company with relatively low annual revenue would look "low risk" at onboarding.Ā One business the FT covered looked like a small company at a residential address to compliance staff. They'd likely apply branch-level controls instead of the enterprise-grade controls you'd see for a large corporation.Ā 

šŸ¤”Ā Hiring more staff won't fix this problem; it's a mindset and technology challenge.Ā In theory, all of the skill and technology that exists to manage risks with large corporate customers (in the transaction banking divisions) are available to the other parts of a bank. In practice, they're not. Most banks lack a single data set and the ability for compliance officers in one team to see data from another part of the org. Getting the basics right with data and tooling is incredibly hard and will involve a multi-year effort.Ā 

šŸ¤”Ā These things are rarely the failure of an individual or department; the issue is systemic.Ā While two banks are named in this headline, the issue isĀ everywhere. Banks need more data and better data to train better AI and machine learning. That all needs to happen in real-time as a compliment to the human staff. Throwing bodies at this won't solve the visibility issue teams have.

Ā šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 

1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto ā€“ Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ Crypto Michael āš” Ā The Dinarian

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thedinarian@thedinarian
July 27, 2025
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What is XAH and Xahau?

If you're new to XRP, you may have noticed some of us discussing another network named 'Xahau'.

It's Like XRP ... But Different

The Xahau network was created in 2023, and its starting point was the open-source code for the XRP Ledger. A small team of researchers and entrepreneurs decided to add smart contracts to the network code.


The XRP Ledger has no smart contract capabilities, by default.

To integrate smart contracts, the team decided to use an architecture that includes 'WASM' or 'web assembly' code. Each account can have up to 10 'hooks' installed that are triggered for transactions that match specific criteria. They can run before or after a transaction is processed. This enables a variety of use cases that do not involve the need to change the network's core code.

Hooks

A 'hook' is what is known as a smart contract that can be triggered in relation to a specific account and its transactions.

The term arises from the programming world, where it generally means "code that runs based on triggering conditions." In Xahau's case, it indicates code that is run before, or after, a transaction is processed.
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Each hook must be installed on a specific account by the party that controls the account - i.e., the secret key holder.
Ā 
What Can XAH Do That XRP Cannot?
Ā 
The primary benefit from the use of hooks, is that the core network code does not need to be changed every time a new use case is identified. This means that additional use cases can be addressed immediately, with no requirement for intervening steps, such as:
  • Community review
  • Community approval
  • Amendment voting
All of those steps are eliminated with the use of hooks; new use cases can be addressed as fast as the code can be developed.
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To read more about how hooks enables Xahau to handle more use cases than even the XRPL, you can read this article:
Ā 
Key Differences From XRP
Ā 
Other unique differences from the XRP Ledger include:
  • Much smaller supply ~612 million coins vs. 100 billion coins
  • XAH hodlers are rewarded at 4% of their account balance. There are no rewards for XRP.
  • Governance participants are incentivized
  • Payment channels available for user-created tokens (IOUs)
  • URI tokens instead of NFT tokens
Who's Who of Xahau?
Ā 
The list of those that are either founders, or closely associated with the founding organizations, is extensive. Here are the names of three organizations mentioned in the whitepaper, or their current moniker:
  • Xaman (a.k.a. XRPL Labs)
  • Gatehub
  • InFTF (Inclusive Financial Technology Foundation)
There exists a long list of impressive developers, architects, and technologists among the Xahau inner circle. But the three names that people associate most prominently with the leadership of the Xahau network are Wietse Wind, Richard Holland, and Denis Angell. The links to their 'X' accounts are:
Ā 
Friend Or Foe?
Ā 
This topic is one of the most contentious.
Ā 
While Ripple, the company with the largest stake of XRP, showed interest in hooks early on, they ultimately decided to advocate for a different approach; the use of an EVM-based solution (Ethereum Virtual Machine) to handle smart contracts on the XRP Ledger. This decision was met with consternation by the Xaman team that had worked with them for several years to advocate for the use of hooks.
Ā 
You can read more about the 'business politics' part of this topic here:
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So how do Xahau fans view the relationship between XRP and XAH?
Ā 
The Xahau team - and many of its community members - advocate for the use of a 'dual-chain' solution to implement smart contracts. This can be accomplished by the use of 'listener' software, along with native Xahau hooks.
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A proof of concept, developed by Denis Angell, has demonstrated that bi-lateral communication can work with a simple approach.
Ā 
From an economic standpoint, every chain that has its own digital asset is a competitor; but the simple way to think about Xahau, is that a 'bunch of XRP geeks' decided to implement smart contracts on their own version of the XRP Ledger.
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The team emphasized transparency along the way, and initially received support from the primary XRP stakeholder, Ripple. They published Xahau as open-source code that could, in theory, be back-engineered and integrated with the XRP Ledger. You can clearly observe the team's idealistic mindset in early marketing mistakes, where they named their digital asset 'XRP Plus' in an effort to emphasize the way that they viewed their creation. While this resulted in confusion - and even suspicion - in its early days, the team quickly pivoted, and named their digital asset 'XAH', which became its ticker symbol.
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Synergy effects between the two camps speak to a genuine camaraderie, with many Xahau developers being open and willing to help with changes to the core XRP Ledger protocol. You can find many examples of this open dialogue on the 'X' platform.
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How To Purchase XAH
Ā 
If you wish to speculate by buying XAH directly, it is available in a variety of convenient locations, depending on where you are located. If you're in a country that is supported by Bitrue, you can directly purchase or trade XAH by using that exchange.
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On January 20th, 2025, Bitmart announced that it supports trading of XAH for customers in their list of supported countries; And in late March, another major exchange announced that they would be supporting XAH trading pairs: Coinex.
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If you're located in the United States, you can purchase XAH directly from a vendor known as 'C14'. The xApp for C14 is located in the Xaman wallet.
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XRP Ledger geeks can also purchase XAH IOUs on the XRPL Dex and then convert them to 'real' XAH using a Gatehub bridge. This is available in countries that Gatehub supports.
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Which XAH Accounts Should I Follow?
Ā 
On the 'X' platform, there exists two major community groups for XAH fans:
In addition to the Xahau notables I've already mentioned in this article, my advice is to take a look at who is posting in the above two communities. There are many impressive leaders and entrepreneurs included. You should be able to find multiple 'X' accounts that reflect your interests.
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Xahau Development Roadmap
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Xahau leaders have published a roadmap for 2025 that lists their various goals for the ecosystem:
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To read a detailed explanation for each item, refer to this: Xahau Roadmap Super Thread
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One of the most incredible waypoints listed is 'JavaScript Hooks Implementation.' šŸ¤Æ
JavaScript!
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With the 'JavaScript Hooks Implementation', Xahau is making history; it will enable anybody that knows JavaScript to easily create and install a smart contract. While networks like Ethereum are impressive early movers, they require developers to learn a new language and syntax.
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Xahau will soon open 'crypto smart contracts' to a group of developers that number in the tens of millions.
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Project L-10K
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Project L-10K is one of the most important items in the pipeline. L-10K refers to the effort to boost the throughput of Xahau consensus to over 10,000 transactions per ledger! This will benefit hosted projects such as Evernode, and future issued assets. Heading up the effort is Richard Holland, who provided a progress update to the community in late May of 2025:
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To learn more about this ambitious effort, you can watch his full presentation here:
The Future Of Defi And Payments
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Once you've seen the extensive list of use cases that XAH easily handles, it's truly inspiring. Xahau is everything that you love about XRP, plus a long list of more things to love. ā¤ļø
Ā 
Be an early adopter of XAH and the Xahau network! Join the community groups listed and follow the accounts that seem to reflect your own interest - speculator, developer, or crypto fan. You have a place in our community, no matter what your background or interests are. Welcome to the future of crypto Defi and Payments.Ā 
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Sources:
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NOTE: Payment channels for IOUs is currently in amendment status for the XRP Ledger, authored by Denis Angel here:
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Ā 

šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 

1) Simply scan the QR code below šŸ“²
2) or visitĀ https://www.paypal.me/thedinarian

šŸ”— Crypto ā€“ Support via Coinbase Wallet to:Ā [email protected]

Or Buy me a coffee:Ā https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ Crypto Michael āš” The Dinarian

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