‍Hotstuff Labs Launches Hotstuff L1 Public Testnet: Connecting DeFi with Global Fiat Rails Hotstuff Labs has unveiled the public testnet for Hotstuff L1, a DeFi-native Layer 1 blockchain designed to integrate on-chain trading with global fiat systems. The protocol utilizes a custom DracoBFT consensus and an on-chain order book, with validators acting as gateways to traditional financial infrastructure. Validators can become permissioned financial service providers, earning by offering services like trading and payments, with routing based on stake and performance, secured by zero-knowledge proofs. "We're building a Layer 1 that can connect a trader in Asia, a remittance corridor in LATAM, and a card issuer in Europe on the same settlement fabric," stated CEO Vyom Sharma. The testnet is now live for developers, traders, and institutions to explore and provide feedback.
Cryptovka
Hotstuff Labs Unveils Hotstuff L1 Public Testnet: Bridging On-Chain DeFi with Global Fiat Rails
Singapore, Singapore – December 5, 2025 – Hotstuff Labs has officially launched the public testnet for Hotstuff L1, an innovative DeFi native L...
‍Polish Parliament Fails to Override Crypto Bill Veto The Polish Parliament was unable to overturn President Karol Nawrocki's veto of a digital assets bill. This setback hinders Prime Minister Donald Tusk's efforts to regulate the nation's cryptocurrency sector and align Poland with EU crypto standards. President Nawrocki cited national security concerns, including potential exploitation by illicit actors and foreign entities, as reasons for the veto. The bill aimed to provide authorities with tools to control the largely unregulated crypto market.
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Polish Parliament Fails to Override Crypto Bill Veto, Halting EU Alignment
The Polish Parliament has failed to overturn President Karol Nawrocki
‍Beeple's Robot Dogs Critiques AI at Art Basel Miami Beeple's new installation, "Regular Animals," features robot dogs at Art Basel Miami Beach 2025. These robots, with heads resembling tech and art icons, engage visitors, creating stylized prints and minting NFTs. The exhibit critiques algorithmic control and explores on-chain "memories," highlighting how algorithms shape perception. Beeple stated, "We’re increasingly seeing the world through the lens of how they would like us to see it." The robots capture images, process them, and log memories on a blockchain. This installation follows Beeple's record-breaking $69.3 million NFT sale in 2021, reaffirming NFTs' potential for artistic expression and social commentary.
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Beeple
Digital artist Mike Winkelmann, famously known as Beeple, is once again at the forefront of the art and technology intersection with his latest...
‍Elon Musk Explores Bitcoin's Energy-Backed Future Elon Musk, CEO of Tesla and SpaceX, has discussed Bitcoin's connection to physical energy, suggesting it could be a superior alternative to fiat currency. This perspective appears influenced by his experiences with government spending challenges. Industry experts note Musk's background in physics leads him to believe energy-backed monetary protocols resist inflation, unlike fiat money which can be "arbitrarily printed." He suggests a future where "power generation is the defacto currency." Additionally, perceptions of Bitcoin mining's environmental impact are evolving. Research, including the Cambridge 2024 Digital Mining Industry Report, has largely debunked negative narratives, clarifying that energy consumption is tied to mining, not individual transactions.
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Elon Musk
Elon Musk, the influential CEO of Tesla and SpaceX, has recently sparked considerable discussion within the cryptocurrency community by articulatin...
‍Bitcoin Whales Accumulate Aggressively as Record $5.7B Losses Signal Potential Bottom Recent Bitcoin price correction has triggered significant investor behavior shifts. Data indicates a strong move towards accumulation by large wallet holders, alongside a surge in realized losses, often preceding market reversals. Bitcoin Accumulation Trend Score is approaching 1, signaling intense accumulation by whales. This pattern mirrors previous accumulation phases that coincided with rallies. Small to mid-sized entities (10-1,000 BTC) are also aggressively accumulating. Whales and sharks are absorbing 240% of the new BTC supply annually, while exchange outflows show a preference for self-custody. Holders with 100+ BTC are accumulating at the fastest rate historically. A record spike in realized losses, exceeding $5.7 billion, suggests market capitulation and flushing out of weak hands, potentially marking a bottom.
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Bitcoin Whales Accumulate Aggressively as Record $5.7B Losses Signal Potential Bottom
Bitcoin (BTC) has experienced a notable 10% decline over the past 30 days, yet this downturn appears to have triggered a significant shift in inves...