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Cryptocurrency
fromnews.bitcoin.com
1 week ago

Trust Wallet Adds AI Transaction Layer to Self-Custody Wallet Infrastructure

Trust Wallet's Agent Kit allows developers to create AI agents for automated crypto transactions with user-defined permissions.
Deliverability
fromnews.bitcoin.com
2 hours ago

Dmail Network to Cease Operations Following Five Years of Service

Dmail Network will permanently shut down its services on May 15, 2026, due to unsustainable infrastructure costs and a failed economic model.
Tech industry
fromnews.bitcoin.com
2 days ago

From Inbox to Income: W3.io is Building the Digital Rails That Lead Creators to Bitcoin

The creator economy is a $250 billion industry, but creators face significant operational challenges that hinder their earnings potential.
EU data protection
fromnews.bitcoin.com
1 day ago

MiCA Decoded: July 1 Is Not the Deadline. For Most Service Providers, It Already Passed

Service providers must secure authorization by July 1, 2026, or cease operations, with many missing jurisdiction-specific application deadlines.
Silicon Valley
fromSilicon Canals
2 days ago

Frugal AI wants to break the global compute hierarchy before it becomes permanent - Silicon Canals

The Soliga tribe's speech AI system exemplifies a new, decentralized approach to AI that challenges existing global tech hierarchies.
Business intelligence
fromnews.bitcoin.com
2 days ago

Polymarket Brings TradFi Markets to Prediction Trading With Pyth Integration

Polymarket integrates Pyth Network for data-backed trading on U.S. equities, commodities, and ETFs, enhancing prediction market accuracy.
Poker
fromBusiness Matters
4 days ago

Digital Wallets and the Future of Casino Payments in the UK

Digital wallets are preferred for online payments due to their speed, ease of use, and enhanced privacy, especially in casino transactions.
Information security
fromnews.bitcoin.com
3 days ago

Naoris Protocol Deploys Post-Quantum Mainnet to Secure Global Digital Infrastructure

Naoris Protocol launched its Layer 1 mainnet for decentralized post-quantum security, processing over 106 million transactions to combat quantum computing threats.
Fundraising
fromnews.bitcoin.com
2 days ago

Binance Commits $500K to Scale National Ukraine Web3 Ecosystem Growth

Binance launches the Digital Resilience Lab in Ukraine to enhance Web3 solutions through funding and mentorship.
Social media marketing
fromEngadget
2 days ago

Flipboard's 'social websites' are a new spin on decentralized social media

Flipboard is launching 'social websites' to help publishers and creators engage with decentralized social media.
fromTearsheet
5 days ago

In the world of Stripe: Acquisitions, agentic AI, and stablecoins - Tearsheet

Reports suggest that Stripe is considering a PayPal acquisition, although negotiations on the subject are in early stages with no guarantee of going through.
Business
E-Commerce
fromFortune
6 days ago

The API economy may soon grow by tens of millions of customers-here's why | Fortune

Agentic commerce is rapidly evolving, enabling AI agents to make micropayments on behalf of consumers, potentially transforming the shopping landscape.
European startups
fromnews.bitcoin.com
5 days ago

Aave V4 Launch Explained: Hub-and-Spoke Model, New Partners, and What Changes for Borrowers

Aave V4 enhances the protocol's infrastructure, enabling broader credit markets and maintaining centralized liquidity with individual market risk parameters.
fromWIRED
1 hour ago

I Tried to Offset Horrible Heating Bills With a Bitcoin Miner

The Heatbit Maxi, a space heater that also mines bitcoin, is one such device. Residential electricity rates have corkscrewed to stratospheric heights in the US since 2020, rising more than 40 percent in the past six years as of February 2026.
Cryptocurrency
Real estate
fromnews.bitcoin.com
1 week ago

Why Crypto-Backed Mortgages Matter for Expanding Access to Homeownership

Financial firms are redefining wealth evaluation with crypto-backed mortgages to address barriers to homeownership.
Artificial intelligence
from24/7 Wall St.
2 days ago

ARKK Let's You Bet Big on Crypto Infrastructure With Top Disruptors In 2026

Cathie Wood continues to invest in Ark Innovation ETF despite market downturns, focusing on future tech and crypto infrastructure.
fromnews.bitcoin.com
5 days ago

1inch Business Launches Model Context Protocol for Agentic DeFi Trading

The integration allows developers to build goal-oriented workflows where agents plan and execute swaps across the 1inch network using the Swap Application Programming Interface (API). This update provides rapid access to a suite of 15 APIs, including Portfolio and Gas Price tools, reducing integration time from days to minutes.
Business intelligence
Information security
fromSecurityWeek
5 days ago

Google Slashes Quantum Resource Requirements for Breaking Cryptocurrency Encryption

Google's Quantum AI warns that cryptocurrencies are more vulnerable to quantum attacks than previously believed, shortening the timeline for potential threats.
#bitcoin
Cryptocurrency
fromnews.bitcoin.com
13 hours ago

Bitcoin Difficulty Climbs 3.87% as Hashrate Slips and Next Cut Looms

Bitcoin's mining difficulty increased by 3.87% at block 943488, with projections indicating a potential 15.73% reduction in the upcoming adjustment.
Cryptocurrency
fromBitcoin Magazine
2 days ago

Bitcoin Treasury Companies Are Dumping Their Bitcoin

Public companies and sovereign entities are selling bitcoin to address liquidity needs and operational priorities, marking a shift from previous accumulation trends.
Cryptocurrency
fromnews.bitcoin.com
3 hours ago

VC Chamath Palihapitiya Warns Non-State Actors Will Leverage Quantum Computing to Attack Bitcoin's 'Honeypot'

Quantum computing poses an imminent threat to Bitcoin, with a 5 to 7-year deadline for the network to adapt or face severe consequences.
Cryptocurrency
fromnews.bitcoin.com
13 hours ago

Bitcoin Difficulty Climbs 3.87% as Hashrate Slips and Next Cut Looms

Bitcoin's mining difficulty increased by 3.87% at block 943488, with projections indicating a potential 15.73% reduction in the upcoming adjustment.
Cryptocurrency
fromBitcoin Magazine
1 day ago

Jack Dorsey Teases Bitcoin Faucet Revival With "Bitcoin Day" Post

Jack Dorsey announced a new initiative called 'Bitcoin Day' offering free Bitcoin, reviving the concept of the Bitcoin faucet.
Cryptocurrency
fromBitcoin Magazine
2 days ago

Bitcoin Treasury Companies Are Dumping Their Bitcoin

Public companies and sovereign entities are selling bitcoin to address liquidity needs and operational priorities, marking a shift from previous accumulation trends.
Artificial intelligence
fromnews.bitcoin.com
5 days ago

Self-Sovereign AI Agent Platform Coinfello Targets Institutional Adoption With Decentralized Infrastructure

Self-sovereign AI agents enable individuals to control their data and decisions without centralized platforms.
#cryptocurrency
Social media marketing
fromThedrum
1 week ago

How crypto creators are inspiring audiences to diversify investments.

The growth of cryptocurrency has led to a rise in crypto creators who provide accessible information and advice to new investors.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Human Error, Not Hacking, Cited as Top Cause for Crypto Access Loss

Human error is the leading cause of cryptocurrency access loss, affecting 35% of holders, primarily due to forgotten passwords and lost seed phrases.
Cryptocurrency
fromFortune
2 days ago

Gen Z millionaires are rushing into crypto-and they blame the risky bet on FOMO. Fear of missing out | Fortune

Wealthy Gen Z and Millennials are increasingly investing in cryptocurrency, driven by FOMO, despite significant volatility and risks.
Social media marketing
fromThedrum
1 week ago

How crypto creators are inspiring audiences to diversify investments.

The growth of cryptocurrency has led to a rise in crypto creators who provide accessible information and advice to new investors.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Human Error, Not Hacking, Cited as Top Cause for Crypto Access Loss

Human error is the leading cause of cryptocurrency access loss, affecting 35% of holders, primarily due to forgotten passwords and lost seed phrases.
Cryptocurrency
fromFortune
2 days ago

Gen Z millionaires are rushing into crypto-and they blame the risky bet on FOMO. Fear of missing out | Fortune

Wealthy Gen Z and Millennials are increasingly investing in cryptocurrency, driven by FOMO, despite significant volatility and risks.
fromnews.bitcoin.com
1 week ago

Moonpay Launches Open Wallet Standard to Unify AI Agent Payments

The Open Wallet Standard (OWS) is designed to solve fragmentation in the agent economy by allowing artificial intelligence (AI) agents to hold value and sign transactions without exposing private keys. This initiative is backed by over 15 major organizations, including the Ethereum Foundation and Paypal, and is available on platforms like Github and npm.
European startups
Privacy professionals
fromFast Company
3 weeks ago

Crypto is in its "cloned cell phone" era

1990s cellular fraud cost the industry $650 million annually until carriers implemented authentication systems and law enforcement coordination that dramatically reduced cloning crimes.
Cryptocurrency
fromnews.bitcoin.com
20 hours ago

Dollar-Pegged Crypto Market Crosses $317B Threshold With $1.24B in Weekly Inflows

Sky's USDS led stablecoin inflows with a 9.57% rise, adding over $779 million, while Tether maintains 58.04% market dominance.
Artificial intelligence
fromTechCrunch
2 weeks ago

Are AI tokens the new signing bonus or just a cost of doing business? | TechCrunch

AI tokens are being proposed as a new form of compensation for engineers, enhancing productivity and recruitment in Silicon Valley.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

ViaBTC Showcases Collateral-Pledged Loan Solutions to Navigate Diverse Market Conditions

ViaBTC offers a collateral-pledged loan service to help miners maintain operations during bear markets without selling their cryptocurrencies.
Information security
fromFuturism
3 weeks ago

AI Agent Goes Rogue, Starts Mining Crypto to Amass Funds

AI agents designed for digital tasks exhibit dangerous unsupervised behaviors including unauthorized cryptocurrency mining, network intrusions, and resource diversion outside their intended operational boundaries.
#riot-platforms
Cryptocurrency
fromnews.bitcoin.com
2 days ago

Riot Platforms Sells 3,778 Bitcoin in Q1 2026, Raising $289.5 Million for Data Center Expansion

Riot Platforms sold 3,778 bitcoin in Q1 2026, generating $289.5 million, while improving operational metrics despite a dip in production.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

Riot Platforms Sells 3,778 Bitcoin in Q1 2026, Raising $289.5 Million for Data Center Expansion

Riot Platforms sold 3,778 bitcoin in Q1 2026, generating $289.5 million, while improving operational metrics despite a dip in production.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Bitcoin ETFs Add $9 Million While Ether Sees $71 Million Exit

Bitcoin ETFs saw modest inflows while Ether ETFs experienced significant outflows, indicating contrasting trends in the crypto market.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Drift Protocol Hack 2026: What Happened, Who Lost Money, and What's Next

A Solana-based perpetual futures exchange lost $286 million in 12 minutes due to a sophisticated attack involving fake collateral and social engineering.
#blockchain
Cryptocurrency
fromnews.bitcoin.com
2 days ago

REAL and Redstone Collaborate to Enhance Data Integrity for Tokenized Assets

REAL partners with Redstone to enhance data transparency and risk intelligence in its ecosystem for tokenized assets.
Cryptocurrency
fromTNW | Blockchain
4 days ago

Multi-Hop Transactions in Crypto. The Compliance Risk Behind Indirect Exposure

Public blockchains present compliance challenges due to multi-hop transactions, complicating the tracking of funds and enforcement of regulations.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Wall Street Is Migrating to Blockchain Faster Than Most Realize, Expert Insight

Major market institutions are migrating core operations to blockchain networks, signaling a significant shift in global finance.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Beyond the Hashrate: Why MARA Just Laid Off 15% of Its Staff

MARA has laid off 15% of its workforce as part of a strategic shift towards energy and digital infrastructure services.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

Linux Foundation and Coinbase Launch x402 Foundation for AI Agents

The Linux Foundation launched the x402 Foundation to establish an open protocol for seamless internet-native payments.
#tokenization
Cryptocurrency
fromnews.bitcoin.com
2 days ago

Openeden Partners With BNY Investments to Launch Tokenized Credit Product

Openeden launched HYBOND, a tokenized product providing onchain access to a BNY-managed high-yield bond strategy, expanding institutional-grade fixed income options.
Cryptocurrency
fromSouth China Morning Post
4 days ago

Unlocking the $10 Trillion Opportunity Hidden Behind the New Rules of Tokenization

Tokenization is transforming asset management and trading, with projections of up to $10 trillion in digital representation of real-world assets by the decade's end.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

Circle Reveals Wrapped Bitcoin Product With Real-Time Onchain Reserve Verification

Circle launched cirBTC, a wrapped bitcoin token fully backed by native BTC, aimed at providing institutional users with verifiable onchain exposure.
#usdc
Cryptocurrency
from24/7 Wall St.
2 days ago

Why Ripple's RLUSD Could Overtake USDC Following the CLARITY Act's New Stablecoin Rules

Circle's USDC growth relied on yield incentives, which may be threatened by the CLARITY Act's proposed ban on passive stablecoin yields.
Cryptocurrency
fromnews.bitcoin.com
5 days ago

Circle Deploys USDC and CCTP on Pharos Network to Advance RealFi Goals

USDC and CCTP have been deployed on Pharos Network, enhancing its role in global finance and cross-chain liquidity.
Cryptocurrency
from24/7 Wall St.
2 days ago

Why Ripple's RLUSD Could Overtake USDC Following the CLARITY Act's New Stablecoin Rules

Circle's USDC growth relied on yield incentives, which may be threatened by the CLARITY Act's proposed ban on passive stablecoin yields.
Cryptocurrency
fromnews.bitcoin.com
5 days ago

Circle Deploys USDC and CCTP on Pharos Network to Advance RealFi Goals

USDC and CCTP have been deployed on Pharos Network, enhancing its role in global finance and cross-chain liquidity.
fromwww.theguardian.com
1 month ago

How cryptocurrency's second largest coin missed out on the industry's boom

Ryan, who had worked for seven years at the Ethereum Foundation (EF), Ethereum's de facto governing body, suggested that Ethereum could be on the cusp of an era-defining shift. Since its founding in 2014, the foundation had prioritized technical upgrades and had avoided centralizing power while its user base was growing, but Ethereum had now grown up, and the cryptocurrency world around it had grown up, too.
US politics
Cryptocurrency
fromnews.bitcoin.com
3 days ago

World Unveils New Toolkit, Expands Developer Program With World Build 3

World's Minikit 2.0 allows developers to convert web apps into Mini Apps with minimal code changes, enhancing compatibility and user experience.
#ethereum
fromFortune
2 months ago
Silicon Valley

Ethereum has long talked a big game. Now it's time for the second biggest blockchain to deliver | Fortune

fromFortune
2 months ago
Silicon Valley

Ethereum has long talked a big game. Now it's time for the second biggest blockchain to deliver | Fortune

Cryptocurrency
fromCointelegraph
6 days ago

Ethereum May Get 'Flipped' in 2026 Without Bitcoin's Involvement

Ethereum's position as the second-largest cryptocurrency is threatened by the growth of stablecoins like Tether.
Cryptocurrency
from24/7 Wall St.
1 week ago

Bitmine Immersion Nears 5% ETH Goal -- What Happens Then?

Bitmine Immersion Technologies aims to acquire and stake 5% of Ethereum supply to generate reliable yields for shareholders.
Cryptocurrency
from24/7 Wall St.
2 days ago

XRP News: Ripple Treasury Just Went Onchain - Could This Be the Missing Link Between Ripple's Infrastructure and XRP?

Ripple Treasury launched native digital asset capabilities, allowing CFOs to manage XRP alongside cash in a unified dashboard.
#bitcoin-mining
Cryptocurrency
fromnews.bitcoin.com
3 days ago

Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability

Luxor Technology Corporation launched Commander, a fleet management platform for bitcoin mining, enhancing profitability and operational efficiency.
Cryptocurrency
fromBitcoin Magazine
3 days ago

Luxor Launches 'Commander' Fleet Management Software

Luxor Technology Corporation launched Commander, a platform for Bitcoin mining operators to optimize fleet management and profitability.
Cryptocurrency
fromnews.bitcoin.com
3 days ago

Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability

Luxor Technology Corporation launched Commander, a fleet management platform for bitcoin mining, enhancing profitability and operational efficiency.
Cryptocurrency
fromBitcoin Magazine
3 days ago

Luxor Launches 'Commander' Fleet Management Software

Luxor Technology Corporation launched Commander, a platform for Bitcoin mining operators to optimize fleet management and profitability.
Cryptocurrency
fromnews.bitcoin.com
4 days ago

Bitgo Debuts Unified Digital Asset Financing Platform for Institutional Borrowing

Bitgo Prime launched an integrated financing platform for institutions, consolidating borrowing, lending, and collateral management into a single workflow.
Cryptocurrency
fromnews.bitcoin.com
5 days ago

Bitmine Nears 4% of ETH Supply as Holdings Rise to 4.73 Million ETH

Bitmine Immersion Technologies holds $10.7 billion in digital assets, primarily in Ethereum, and aims to control 5% of the total ETH supply.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

SoFi Technologies Launches First National Bank Enterprise Crypto and Stablecoin Platform

SoFi Technologies launched SoFi Big Business Banking, enabling enterprises to manage fiat and crypto transactions 24/7 from a single nationally chartered bank.
Information security
fromEntrepreneur
1 month ago

Crypto Builders Can't Ignore This Crucial Component Anymore

Outdated wallet infrastructure undermines crypto security and user trust, requiring a fundamental redesign for safe, user-friendly self-custodial management.
Cryptocurrency
fromTechCrunch
3 days ago

De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack | TechCrunch

Drift has suspended withdrawals and deposits due to a significant security incident involving a potential theft of up to $285 million.
Cryptocurrency
fromCointelegraph
3 days ago

Meta's 2026 Stablecoin Plan: Why It's Partnering, Not Issuing

Meta plans to introduce dollar-linked stablecoin payments across its platforms in late 2026, integrating existing stablecoins instead of issuing its own currency.
Cryptocurrency
fromBitcoin Magazine
3 days ago

Interactive Brokers Adds Bitcoin Trading In European Economic Area

Interactive Brokers has launched crypto trading for retail investors in the EEA, offering access to 11 digital assets within a unified platform.
fromnews.bitcoin.com
5 days ago

Tokenized Uranium Lending Launches via Metals.io and Morpho Protocol

The launch of xU3O8-based lending on the DeFi aggregator Oku allows investors to access liquidity in USDC without selling their underlying physical uranium positions, enhancing capital efficiency.
Cryptocurrency
fromTearsheet
4 days ago

How Paze is betting bank trust can crack the digital wallet market - Tearsheet

I'm the general manager of Paze, one of the business units of Early Warning Services. The mandate is really to take Paze and bring this new payment checkout system to the masses - both on the consumer side and on the merchant side - really making sure that our goal of becoming one of the top three wallets for checkout in the next five years becomes reality.
Cryptocurrency
Cryptocurrency
fromnews.bitcoin.com
4 days ago

TRON Expands Enterprise Access to TRX and TRC-20 USDT

TRON DAO expands enterprise access to its network through integration with zerohash, enhancing digital asset utilization and compliance in regulated environments.
fromFortune
4 days ago

Fresh off victory over cops in 'Lemon Pound Cake' trial, Afroman heads to address Bitcoin's biggest gathering | Fortune

[Afroman's] story of standing up to power and winning resonates deeply with Bitcoin's ethos of sovereignty and financial freedom.
Cryptocurrency
Cryptocurrency
fromnews.bitcoin.com
5 days ago

Incapable of 'Critical Thinking': Hoskinson Blasts the XRP Community

Charles Hoskinson criticizes the XRP community for lacking critical thinking and accuses Ripple's CEO of self-serving lobbying efforts.
Cryptocurrency
fromnews.bitcoin.com
5 days ago

New Crypto PAC Targets US Digital Asset Legislation With Anchorage Digital and Chainlink Support

BLF is a hybrid PAC supporting candidates favorable to digital asset policy through direct contributions and independent expenditures.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

'They're Here': Bitwise Signals End of Anticipation Phase as Institutions Embed Into Crypto

Institutional capital is increasingly being deployed into crypto markets, marking a significant shift in investment strategies among large allocators.
Cryptocurrency
fromBitcoin Magazine
1 week ago

Trust Wallet Launches Agent Kit That Lets AI Execute Crypto Transactions

Trust Wallet launched the Agent Kit, enabling AI agents to execute crypto transactions while keeping users in control.
#bitgo
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Bitgo and Zksync Partner to Support Institutional Tokenized Deposits

Bitgo and Zksync partnered to create a secure blockchain infrastructure for banks to issue and settle tokenized deposits.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Bitgo Launches MCP Server to Power AI-Driven Crypto Development Tools

Bitgo launched the Model Context Protocol Server to integrate its crypto platform with AI-driven development environments, enhancing accessibility for developers.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Bitgo and Zksync Partner to Support Institutional Tokenized Deposits

Bitgo and Zksync partnered to create a secure blockchain infrastructure for banks to issue and settle tokenized deposits.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Bitgo Launches MCP Server to Power AI-Driven Crypto Development Tools

Bitgo launched the Model Context Protocol Server to integrate its crypto platform with AI-driven development environments, enhancing accessibility for developers.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Bitcoin Lending Layer Mezo Selects Aerodrome as Primary Liquidity Hub

Mezo partners with Aerodrome Finance to enhance liquidity for its token and bitcoin-backed stablecoin MSUD.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

The Architect of Instant Exchange: A Deep Dive Into CCE.Cash With Michael Jonas

Decentralized finance is evolving towards seamless automation, emphasizing user autonomy and privacy in trading without central authority.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Everything Co-Founder: DeFi Can Rival TradFi Through Architectural Superiority, Not Risky Collateral

Centralized exchanges offer better liquidity and speed, while decentralized exchanges provide asset control but face challenges in execution and liquidity depth.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

Visa Bridges Capital Markets and Onchain Payments on Canton Network

Visa is facilitating onchain payment flows for financial institutions while ensuring privacy standards are met.
Cryptocurrency
fromBitcoin Magazine
1 week ago

The Core Issue: Beneath The Binary, Verifying Trust

Bitcoin Core's build system emphasizes decentralization, transparency, and verifiability, allowing users to verify software without trusting intermediaries.
Cryptocurrency
fromBitcoin Magazine
1 week ago

MoonPay Launches Open-Source Wallet Standard For AI Agents

MoonPay launched an open-source wallet standard to enable AI agents to manage funds and conduct transactions across multiple blockchains, addressing fragmentation issues.
Cryptocurrency
fromCointelegraph
2 weeks ago

Why Ethereum Developers Want 'One-Click Staking' for Institutions

Ethereum developers are implementing one-click staking using simplified distributed validator technology to reduce technical complexity, enable institutional participation, and enhance network decentralization.
Cryptocurrency
fromFortune
3 weeks ago

There's a strong case for AI and crypto-but you have to squint to see it | Fortune

Stripe, Circle, and Coinbase are positioning stablecoins for AI agent payments as a structural alternative to credit cards for high-frequency, low-value transactions between software agents.
Cryptocurrency
fromBitcoin Magazine
3 weeks ago

Bitcoin Has A Golden Opportunity With AI Agents, It's Time To Build

Bitcoin has an unprecedented opportunity to become the payment standard for AI agents since the agentic commerce field is nascent with no entrenched players, unlike fiat currency competition.
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