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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‘‡šŸ» THETA PATENT PUBLISHED 1/4 šŸ‘‡šŸ»

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šŸ‘‰- Edge Computing Platform Supported by Smart Contract Enabled Blockchain Network with Off-Chain Solution Verification

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šŸ‡·šŸ‡ŗ Russian President Putin says, "Who can ban Bitcoin?.. Nobody"

Liquidity Liquidity Liquidity or should I say, lack of.

00:00:26
Xrp ETF's &ETPs

šŸšØThere are a lot more XRP ETFā€™s and ETPā€™s than you may be aware ofā€¼ļøšŸ«”

@OpenFIGI house global instrument identifiers.

openfigi.com/search#!?simpleSearchString=Xrp&page=2&pageSize=100

00:01:22
How Evil The Banking System Really Is...
00:08:33
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
The New Theta Edgecloud Update šŸ’„

The new EdgeCloud update now fully supports mobile browsers for AI and the video dashboard. Optimized for Android and iOS, AI devs and teams can seamlessly access model training, inference, Agentic AI, analytics, payments, & moreā€”on the go. Give it a try: thetaedgecloud.com

Here Is Why RLUSD Is A Big Deal For XRP Holders

Table of Contents:

ā— About RLUSD: A Game Changer in the Stablecoin Market

ā— A Bold Move in a Rapidly Expanding Market

ā— XRPā€™s Resurgence Amid Regulatory Challenges

ā— A Bright Future for Ripple and XRP

Ripple is on the verge of securing approval for its stablecoin, RLUSD, in New York, a significant step that could solidify its presence in the regulated U.S. crypto market.

This development signals Rippleā€™s commitment to rebuilding trust with U.S. authorities, positioning itself as a major player in the digital finance landscape.

Set to launch on December 4, Rippleā€™s RLUSD is poised to offer a legally compliant stablecoin option for the public.

If approved, this move will not only enhance Rippleā€™s standing in New Yorkā€™s regulated market but also boost the overall stability and credibility of the stablecoin ecosystem.

Sources close to the situation have indicated that the New York Department of Financial Services is likely to accept Rippleā€™s application, further fueling optimism among investors and supporters of the XRP community.

...

Theta Network Quarterly Returns šŸ’„
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Philippines completes wholesale CBDC trial

Today Bangko Sentral ng Pilipinas (BSP) said it completed Proof of Concept trials for itsĀ Project AgilaĀ wholesale central bank digital currency (wCBDC) along with participating financial institutions. Specifically, the latest trial tested whether banks in the Philippines can pay each other outside of bank operating hours during evenings, weekends and holidays.

ā€œWholesale CBDCs are expected to enhance liquidity management, reduce settlement risks, and support financial stability,ā€ said BSP Governor Eli M. Remolona, Jr.

Ā 

ā€œInsights from this project will guide the BSPā€™s CBDC roadmap. Our goal is to leverage new technologies to further enhance the efficiency and resilience of the national payment system.ā€

While the bank hasnā€™t yet released a report about specific findings, the central bankĀ shared its plansĀ earlier in the year. Many wCBDC trials are quite speculative, but this one is less so. The central bank plans to launch a wCBDC during Mr Remolonaā€™s term, which ends in 2029. It is expected to be sooner rather than later, with 2025 or 2026 previously floated as potential timeframes.

Apart from out of hours payments, the wCBDC will potentially be used for securities settlement and cross border payments. The central bank is an observer in theĀ mBridgeĀ DLT cross border payment system used by the central banks of China, Hong Kong, Saudi Arabia, Thailand and the UAE.

During 2023 the BSP assessed various blockchain technologies, selectingĀ Hyperledger Fabric.

Ā 

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Theta Labs and Phoenix Global Media Group’s AIR Platform Forge New Path in Blockchain-Driven, AI-Powered Audio Streaming

Phoenix Global Media Group Launches New AI Audio Streaming Platform to 1.3 Million Daily Users Powered by Theta EdgeCloud

Through Thetaā€™s Edgecloud technology, AIR has the foundation to go beyond traditional streaming and bring truly dynamic, customized content to users at scale.ā€ ā€” Larisa B. Miller, CEO, Phoenix Global Media Group

ABU DHABI, UNITED ARAB EMIRATES, November 27, 2024Ā  In a landmark collaboration set to reshape the future of audio streaming, Phoenix Global Media Group has joined forces with Theta Labs to launch the worldā€™s first blockchain and AI-driven audio streaming service. Built to deliver a seamless and highly personalized experience, the AIR-Theta partnership combines Thetaā€™s Edgecloud infrastructure with AIRā€™s advanced AI technology to offer an immersive blend of audio and video content. This holiday season, the collaboration will also introduce exclusive NFT offerings for celebrity hosts, paving the way for a new era of user-driven entertainment.

AIR is currently web streaming at onairnow.ai, providing a dynamic and interactive listening experience for audiences worldwide. Building on this success, the upcoming launch of AIRā€™s mobile apps on both Apple and Android platforms will mark a strategic move that aligns with evolving consumer habits, positioning Theta and AIR at the forefront of the next wave of audio streaming innovation. By integrating Thetaā€™s EdgeCloud technology, the AIR app will deliver decentralized, high-performance content delivery to over 1.3 million daily users. Enhanced by blockchain-backed infrastructure, AIR is set to establish itself as an interactive, AI-powered destination for listeners and viewers worldwide.

Through Thetaā€™s Edgecloud technology, AIR has the foundation to go beyond traditional streaming and bring truly dynamic, customized content to users at scale,ā€ said Larisa Miller, CEO of Phoenix Global Media Group.

Ā 

ā€œThis partnership is about more than just technologyā€”itā€™s about creating an experience that adapts in real time to users while safeguarding the rights and value of creators.ā€

AI Meets Audio Streaming: A New Frontier in Digital Streaming

The collaboration between Theta and AIR signals a major shift in digital media by merging Thetaā€™s EdgeCloud capabilities with AIRā€™s AI-driven personalization. AIRā€™s intelligent content programming, in combination with Thetaā€™s patented NFT DRM and AI-powered GPUs, enables secure content distribution that dynamically responds to user preferences. With access to multi-genre dynamic music streaming channels and regional channels such as Abu Dhabi AI, AI Dubai, and Lagos AI, users currently enjoy a localized, community-driven streaming experience. AIR will soon expand its offerings with a variety of talk, sports, and public interest channels, further enhancing its diverse and engaging platform.

This partnership perfectly aligns with Thetaā€™s mission to drive the evolution of streaming,ā€ said Mitch Liu, CEO of Theta Network.

Ā 

ā€œWith AIRā€™s innovative AI-driven programming on Thetaā€™s EdgeCloud decentralized infrastructure, weā€™re setting a new standard for immersive and secure content delivery. Together, weā€™re creating unique opportunities for audiences, creators, and advertisers in ways that were previously unimaginable.ā€

Empowering Creators and Fans Through Tokenization

As part of this collaboration, AIR will introduce NFT-based content, enabling creators to tokenize and monetize their work. This opens up new revenue streams and deepens fan engagement through tokenized rewards. Using ThetaDrop, AIRā€™sĀ blockchain integrationĀ safeguards digital rights while enriching the user experience through gamified, reward-based interactions. For advertisers, Thetaā€™s blockchain analytics offer valuable insights, allowing for more precise and effective campaign targeting.

Global and Local Reach with AI-Curated Content

Thetaā€™s EdgeCloud empowers AIR to scale content globally while offering region-specific channels and personalized, AI-curated playlists. From music and sports to exclusive AI-hosted shows, the AIR-Theta collaboration will enable a responsive,Ā AI-powered streamingĀ model that will adapt to listenersā€™ needs in real time, delivering tailored experiences on a global scale.

Looking Ahead

The AIR-Theta partnership is set to make its first public debut at Thetacon this December, held at Resorts World Las Vegas. AIR will take the main stage to discuss how this pioneering collaboration redefines streaming through blockchain and AI, offering audiences and creators a glimpse into the future of digital media.

ABOUT AIR

AIR ā€“ The Future of Radio is a groundbreaking streaming platform developed by Phoenix Global Media Group, a wholly owned subsidiary of Phoenix Global Group Holdings. Harnessing the power of AI, blockchain-backed infrastructure, and cutting-edge technology, AIR offers a dynamic blend of curated content featuring multi-genre music and destination-focused channels such as Abu Dhabi AI, AI Dubai, and Lagos AI. With plans to introduce dynamic talk channels for sports, culture, business, and entertainment, AIR is redefining how audiences connect with localized, community-driven content. As a pioneer in the evolution of audio streaming, AIR is setting a new global standard for the future of radio.

ABOUT THETA LABS

Theta Labs pioneered Theta Network, the next-generation video, AI and entertainment blockchain, and ThetaDrop NFT marketplace in partnership with Katy Perry, Samsung, Sony, ABS-CBN, WPT, Jukin Media, and others aiming to disrupt the digital collectibles industry. Thetaā€™s Web3 infrastructure enables media and entertainment companies to drive incremental revenues, user engagement, and new Web3 business models. Theta EdgeCloud Video is a turn-key decentralized video API for developers offering significantly lower video transcoding, storage, and content delivery costs. Backed by Samsung, Sony, Bertelsmann Digital Media Investments and Creative Artists Agency, Theta is among the top 10 DePIN blockchains by market capitalization on Coingecko and top AI tokens on Binance.com, Recently launched Theta EdgeCloud is the first hybrid cloud-edge computing AI platform with over 80 PetaFLOPS of on-demand distributed GPU compute power. Thetaā€™s enterprise validator and governance council is composed of global market leaders including Google, Samsung, CAA and Binance.

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Trump and the GOP will challenge Europe’s MiCA as top crypto regime
  • A new president and Congress will flip crypto regulation back to the US from Brussels.
  • A freewheeling US approach will contrast with the European Union's prescriptive model.
  • Trump isn't just a crypto supporter ā€” he's a player.

Howdy.Ā EdĀ here. In just the last few weeks, the crypto regulatory story has been turned on its head.

ā€œRegulation by enforcementā€ is dead. And the industryā€™s wish list is very much alive.

Crypto, which raised almostĀ $200 millionĀ to influence the 2024 US election, is poised to land its holy grail ā€” aĀ bespoke lawĀ that codifies cryptocurrencies as assets separate from stocks, bonds, and other securities.

Even better, the incoming Trump Administration appears content to let crypto be crypto.

Donald Trump and his sons, after all, arenā€™t just supporters, theyā€™re also players.

Their newly minted crypto venture,Ā World Liberty Financial, promises to lead a revolution ā€œby dismantling the stranglehold of traditional financial institutions.ā€

In other words, let the disruption rip.

Ā 

A question of clarity

A year ago, all the crypto industry wanted was clarity.

Rather than acquiesce to the industryā€™s desire for legislation that treated cryptocurrencies as a separate asset class, the US Securities and Exchange Commission insisted on applying laws passed during the 1930s to the fledgling marketplace.

That meant a lot of very messy, and costly, litigation.

Crypto leaders such as Coinbase CEO Brian Armstrong cried foul and rang the alarm about US competitiveness.

Amid the tumult, it was the European Union that offered hope.

Ā 

Here comes MiCA

With the 2023 passage of the landmarkĀ Markets in Crypto-Assets Regulation, or MiCA, the 27-nation bloc clarified the doā€™s and donā€™ts for an industry bristling at Gary Genslerā€™s crackdown.

Crypto giants such asĀ CoinbaseĀ and Circle may not have jumped for joy as Brussels imposed fresh regulations in the worldā€™s second biggest economic area.

But they didĀ welcomeĀ an approach that eschewed Genslerā€™s taste for legal combat in favour of clearly drawn rules.

But now, with the advent of Trumpā€™s second term and a Republican Congress, all bets are off.

It will be Washington that resets the regulatory agenda for an industry that has addedĀ $1.2 trillionĀ in market value since election day on November 5.

If crypto champions such asĀ Senator Cynthia Lummis, a Wyoming Republican, introduceĀ legislationĀ that memorialises the industryā€™s exceptionalism in law, MiCA is going to look downright thorny by comparison.

Ā 

Detailed blueprints

This is because when it comes to regulating technology, the US tends to err on the side of letting businesses do what they want. If companies do run afoul of the law, well, thatā€™s what the courts are for.

In contrast, the EU prefers a preemptive and prescriptive approach to regulation. This is why MiCA lays out detailed blueprints for everything from stablecoins to crypto exchanges to NFTs.

Now the US is about to pitch up a more freewheeling alternative regime. Some officials say itā€™s high time.

Ā 

ā€˜Brutish and shortā€™

In aĀ speechĀ earlier this month, Hester Peirce, the crypto-supporting SEC commissioner, urged her fellow regulators to stop clutching their pearls at the mere mention of crypto.

ā€œCrypto-asset skeptics and enthusiasts alike can understand that a regulatory environment that is characterised by instability, uncertainty, and fear inevitably renders entrepreneurial prospects nasty, brutish, and short,ā€ Peirce said.

As a new era dawns, crypto entrepreneurs wonā€™t have regulators to kick around anymore.

Theyā€™ll already have what they want.

Ā 

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