Author: NBTC

Flare CEO Hugo Philion has outlined how the network can mint $XRP directly from exchanges, removing the KYC and centralization barriers that have limited other wrapped-$XRP models. In a recent interview with Paul Barron, Philion explained that this approach could unlock a more scalable and accessible DeFi ecosystem for $XRP holders. Key Points Flare enables $XRP minting directly from exchanges, removing KYC friction seen in other wrapped $XRP models. FXRP lets users access DeFi without intermediaries, improving onboarding and expanding access for $XRP holders. Flare now hosts ~155M $XRP and a $450M DeFi market, adding lending, insurance, and yield tools.…

Bitmine Immersion Technologies, a leading company in the crypto asset management field, continues its Ethereum staking activities without slowing down. According to information shared by the data platform Onchain Lens, the company added another 192,816 ETH to its staking process approximately 6 hours ago. The total value of the transaction is stated to be approximately $456.2 million, indicating Bitmine’s continued aggressive accumulation and yield strategy for Ethereum. It is believed that the company is focused on expanding its passive income model generated through staking. With this latest transaction, Bitmine’s total staked Ethereum has reached 4,555,573. Based on current market prices,…

The round, led by Allianz X, Allianz’s Group strategic investment arm, seeks to help Uala expand its operations across Latin America. The company reached a $3.2 billion valuation, becoming one of the largest digital conglomerates in the region. Uala Reaches $3.2 Billion Valuation In Latest Funding Round Uala, an Argentina-based neobank, has closed a successful funding round, becoming one of the largest fintech companies in Argentina and Latin America. The company, which serves over 11 million people in Argentina, Colombia, and Mexico, raised $195 million in a funding round led by Allianz X, the investment arm of Allianz Group, with…

Ripple Labs is scheduled to unlock 1 billion $XRP on April 1, continuing its long-standing escrow release program that remains a focal point for market participants assessing potential supply pressure. At current prices, with $XRP trading near $1.37, the upcoming unlock represents roughly $1.37 billion in value. The token has declined about 3.2% over the past 24 hours and nearly 5% over the past week, reflecting a period of short-term weakness ahead of the scheduled release. Ripple escrow unlock Ripple’s escrow system, however, is structured to prevent abrupt supply shocks. While 1 billion $XRP is unlocked each month, a significant…

Colombia wants in on the bitcoin mining industry and its president is pitching the Caribbean coast as the sandbox. President Gustavo Petro said in a X post Tuesday that the cities of Barranquilla, Santa Marta and Riohacha could become bitcoin mining hubs by tapping into the country’s surplus clean energy, following the playbook that has worked for Venezuela and Paraguay over the past few years. Petro called it “an immense boost to the development of the Caribbean,” and floated the idea of giving the Wayúu community, Colombia’s largest Indigenous group based on the same coast, co-ownership of the project. A…

ATT Global, a popular Web3 platform for RWA-DePIN integration, has partnered with UXLINK, a social-first Web3 entity. The partnership attempts to link the Web3 social framework with real-world advertising networks. As per ATT Global’s official X announcement, the development focuses on merging its DePIN and RWA-driven advertising framework to unlock robust Web2 traffic via physical advertising contact points with the social-first Web3 network of UXLINK. So, both entities envision a future marked by the seamless integration of decentralized social onboarding and advertising engagement. 🔗 Social Onboarding Meets Real-World Attention: ATT Global × @UXLINKofficialWe’re pleased to connect ATT Global’s RWA and…

Bitcoin is steadily approaching a price range historically associated with long-term buying opportunities. However, current on-chain data suggests the market has yet to reach the conditions typically seen at previous cycle bottoms. According to CryptoQuant data, Bitcoin’s spot price remains significantly above its realized price, a key indicator that most holders are still in profit. This marks an important distinction from past accumulation phases, where widespread losses were more evident. Key Points Bitcoin trades at $68,774, roughly 21% above its realized price, meaning most holders remain in profit. A full market bottom historically coincides with spot prices falling below the…

Symbiosis Finance has announced a major strategic integration with KyberSwap which will improve the performance of all cross-chain (DeFi) transactions. The partnership is a key milestone in Symbiosis’ efforts to enhance the performance of on-chain swaps and routing in the ecosystem and will utilize KyberSwap’s cutting-edge aggregation protocol to offer globally competitive pricing and significantly enhanced liquidity. Empowering DeFi with KyberSwap’s Aggregation The aggregation engine that is being used within KyberSwap is where this integration truly begins. KyberSwap allows Symbiosis to utilize more than 420 different liquidity providers on over 17 different blockchains to provide its users with on-chain swap…

Bitcoin and Ether are in the green as the broader cryptocurrency market makes a positive start to the week. Bitcoin has crossed the $81,000 barrier while Ether is slowly approaching $2,400. The growing institutional adoption could push $ETH’s price higher in the near term. Institutions continue to accumulate Ether Ether is trading at $2,380, up by less than 1% in the last 24 hours. The positive performance comes as institutional investors continue to accumulate Ether. Ethereum treasury firm BitMine Immersion Technologies (BMNR) announced on Monday that it purchased 101,745 $ETH last week. The purchase has lifted the company’s holdings to…

Jeff Schmid has said that some businesses have paused hiring. Crypto prices could feel the heat. Oil and gas prices are other possible factors. Kansas City Federal Reserve President Jeff Schmid has made a statement on the hiring pause due to AI. Unemployment rate surged a little in February, and inflation data is yet to be published. If unfavorable, the crypto market could see a divergence to safer alternatives, given that crypto prices are already down at the moment. Jeff Schmid on Hiring Pause Jeff Schmid, Kansas City Fed President, has said that Artificial Intelligence (AI) may be bringing a…