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RWA platform Midas launches tokenized investment products mWIN and mGLOBAL on Avalanche.

55 minutes ago

Avalanche announced that RWA platform Midas has introduced two tokenized investment products, mWIN and mGLOBAL, onto the Avalanche network. The two products offer institutional fixed income strategies managed by Wellington Management and alternative credit strategies run by Fasanara Capital, respectively. Both are programmable and transferable on-chain, and can be utilized in relevant financial applications. mWIN is primarily linked to a diversified fixed income portfolio, while mGLOBAL is tied to accounts receivable and asset-backed credit strategies.

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The testnet of Elysium, the first L2 network in the Hyperliquid ecosystem, has gone live.

According to official announcements from Kinetiq, the testnet of Elysium — the first Layer 2 (L2) network in the Hyperliquid ecosystem — has been launched. Elysium is a general-purpose, high-performance L2 network built exclusively for Hyperliquid, settling on HyperEVM, co-located with HyperCore, and uses HYPE as its native gas token. Currently, Elysium operates Conduit’s G2 sequencer on an architecture compliant with SOC II Type 2 standards.

2 minutes ago

oMLX Creator Joins Hugging Face: Mac Local AI Project Moves From Personal Side Project to Full-Time Work

Beating AI Express reports: Hugging Face announced that Jun Kim, creator and maintainer of oMLX, has joined the company to work full-time on developing oMLX and related MLX tools. oMLX is a local large language model (LLM) inference server built exclusively for Apple Silicon, enabling tools like Claude Code, Cursor, and OpenClaw to directly call models running on Macs. Previously a personal project maintained by Kim in his spare time, oMLX will now receive funding and full-time development support after Kim’s move to Hugging Face, but it will not be taken over. The code remains in its original repository under the Apache 2.0 license, with Kim continuing to lead the project. Hugging Face plans to use oMLX as a testing ground for new MLX capabilities: mature features will be contributed back to upstream projects like mlx-lm and mlx-vlm where possible, while accelerating adaptation of new Transformers models to MLX. In short, oMLX has evolved from a personal side project to a company-funded long-term initiative, while staying open-source and independent.

2 minutes ago

Pyth Network has become an external data distributor for Nasdaq Basic.

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Driven by positive news, PYTH surged more than 8% in a short period.

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Gnosis Pay will discontinue its proprietary debit card and web application services on December 20, 2026.

Gnosis Pay, the crypto payment platform in the Gnosis ecosystem, announced it will discontinue its proprietary debit card and web app services on December 20, 2026. Going forward, the web app will only retain fund withdrawal functionality, with no deadline set for user withdrawals. The company noted that it shifted its business focus from consumer debit cards to providing card issuing services for wallets, fintech firms, and digital banks back in 2025, and will primarily continue serving cardholders via partner applications moving forward. The new system will offer instant withdrawals, instant transaction reversals, as well as enhanced privacy and debit card management features.

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SanDisk's intraday gain hits 7.7%, with its shares reaching their highest point since July 10

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