Author: NBTC
A post published on Sunday by Max Keiser claimed that JPMorgan Chase was dangerously shorting shares of Strategy (formerly MicroStrategy) and that a 50% stock rally would put the bank in crisis. The claim exploded across X, drawing tens of millions of views within two days. Users demanded a buying campaign. Some posted comparisons to GameStop. Calls to boycott JPMorgan gained traction, and financial influencers began warning of an imminent short squeeze. But that entire story was false. The filing submitted to the Securities and Exchange Commission on November 7, under the 13F-HR regulation, shows that JPMorgan held no short…
Kraken is now allowing Colombians to fund their accounts with Colombian pesos, expanding the reach and functionality of its services in the country. Mark Greenberg, Kraken’s Global Head of Consumer, stated that this upgrade offers Colombians secure entry points into crypto. Kraken Opens Local Payments in Colombia Kraken, the U.S.-based cryptocurrency exchange, is making moves to expand its influence and reach in Colombia. The exchange recently announced the implementation of local payments in the country, allowing Colombians to fund their accounts using Colombian pesos without relying on international wires to this end. Deposits will be exchanged into U.S. dollars at…
Ledger, a prominent hardware crypto wallet platform, has integrated Celo, the blockchain for real-world financial apps and low-cost, rapid transfers. The integration of Celo into Ledger Wallet intends to permit consumers to receive, swap, and send Celo-based assets across diverse chains. As per Ledger’s official press release, the partnership enables user access to wider functionality within the ecosystem of Ledger Wallet. Hence, the development improves the experience of interacting with Celo’s network. Ledger Wallet Enables Complete Backing for $CELO and Mento-Based Stablecoins As a part of the integration with Celo, Ledger Wallet now backs $CELO apart from the local stablecoins…
The blockchain world just received exciting news as Pruv Finance, a pioneering RWA tokenization infrastructure platform, announced a massive $3 million funding round. This substantial investment signals growing confidence in the future of real-world asset tokenization and its potential to transform traditional finance. What Makes RWA Tokenization So Revolutionary? RWA tokenization represents the next frontier in blockchain adoption. It involves converting physical assets like real estate, commodities, and financial instruments into digital tokens on blockchain networks. Pruv Finance stands at the forefront of this movement, building regulatory-compliant infrastructure that bridges traditional finance with decentralized technology. The $3 million Pre-Series A…
Buenos Aires has announced that residents and businesses can now pay city taxes and other administrative fees using digital assets, including Dogecoin. The initiative aligns with countries worldwide, as most of them are now embracing the crypto industry. The move has also led to the integration of blockchain technology, digital assets, and other new technologies in several economies. According to reports, the initiative is in line with the “BA Crypto” policy package, which positions the Argentine capital as one of the growing hubs for blockchain technology adoption across the world. The news hit mainstream media after the official Dogecoin handle…
HAQQ Network, the blockchain entity driving decentralized ecosystems, is ending support for SushiSwap on the L1 chain by 2025’s end. The decision takes place at a time when HAQQ is shifting toward its cutting-edge L2 platform, Haqq Ethiq. As HAQQ Network revealed on X, with this development, it can consolidate its economic operations around infrastructure and products that are in line with its roadmap for the long term. The development also emphasizes the requirement for liquidity providers to extract positions within the present time window to guarantee uninterrupted asset access. 📢 Announcement: SushiSwap support on HAQQ L1 ends by the…
According to CryptoSlam data, NFT sales volume has inched up by 1.77% to $77.10 million, essentially flat from last week’s $77.04 million. Summary NFT sales stay flat at $77M while buyers surge over 23% week-over-week. Guild of Guardians Heroes jumps 162% as Immutable blockchain soars. $X@AI BRC-20 NFT leads weekly sales with an $809K top transaction. Market participation has continued to surge, with NFT buyers rising by 23.45% to 490,600 and sellers climbing by 15.36% to 403,483. NFT transactions dropped by 18.99% to 1,100,748. This happened as the Bitcoin (BTC) price has dipped to the $89,000 level as consolidation continues.…
HyperGPT, a Web3 artificial intelligence (AI) marketplace for buying, selling, and exchanging AI applications and services, has announced its groundbreaking partnership with Pundi AI, a prominent player in artificial intelligence (AI) development via decentralized tools. This partnership is aimed at merging the decentralized data creation with decentralized AI agent deployment into a unified AI economy. 🌐⚡ A shift in the AI economy just became impossible to ignore.Today, two ecosystems that approach AI from completely different angles are connecting and the result has the potential to reshape how intelligence is created, owned, deployed, and rewarded.Introducing: @PundiAI… pic.twitter.com/NOZHixJNgF — HyperGPT (@hypergpt) December…
Canton Network is the first blockchain to adopt Circle’s xReserve technology and this allows for the launch of USDCx, a USDC supported stablecoin with privacy options. By the integration of the security of the USDC and the ability to protect sensitive information for businesses and financial institutions, these innovative developments will revolutionize the way business uses blockchain technology. Privacy-Enabled Stablecoins for Enterprise The integration of Canton allows them to offer institutional grade stablecoins with liquidity, trust, and discreet transactions like traditional assets. In contrast to other public blockchains where transactions remain publicly visible, Canton’s infrastructure allows participants to conduct their…
Tokenized money market funds are emerging as one of the most important yield-bearing assets on public blockchains, offering money-market returns and securities-level protections that stablecoins can’t provide, according to a new report from the Bank for International Settlements (BIS). According to the bulletin, tokenized money market funds now hold nearly $9 billion in assets, up from about $770 million at the end of 2023. The BIS warned that as these tokenized Treasury portfolios become a key source of collateral in the crypto ecosystem, they also bring new operational and liquidity risks. Tokenized money market funds are blockchain-based representations of traditional…