Author: NBTC

Namibia’s central bank has granted the first set of provisional licenses to two cryptocurrency exchanges. According to local media, citing a recent media statement from the regulator, the Bank of Namibia has granted provisional authorization to Mindex Virtual Asset Exchange (Pty) Ltd. and Landifa Bitcoin Trade CC to operate as virtual asset service providers. However, they won’t be able to offer services to the public until they receive final approval from the central bank. The provisional licenses, valid for six months, allow the companies to establish their operations, hire staff, and set up the required infrastructure. Final approval will only…

Bitcoin, the leading cryptocurrency by market cap, recently hit a new record high of $97,836, according to CoinGecko data. The leading cryptocurrency is up by nearly 6% over the past 24 hours, with its market cap now approaching the $2 trillion mark. The recent rally comes after massive inflows recorded by Bitcoin ETF products on Wednesday. BlackRock’s IBIT alone recorded $626.5 million in fresh money. Fidelity’s FBTC also recorded $134 million in fresh inflows. The odds of Bitcoin reaching the $100,000 level this November have now surged to as high as 81% on popular betting site Polymarket. Bitcoin is already…

Ripple President Monica Long predicts that some of the world’s largest banks could launch market-ready tokenized asset offerings in the U.S. this year. Long made the prediction today in response to a recent statement from Frank Chaparro, the host of The Scoop podcast. In an X post yesterday, Chaparro suggested that large banks can do anything if allowed to custody crypto assets. He speculated that this move could unlock greater liquidity, support the crypto market structure, and reduce volatility associated with crypto assets Notably, Chapparo’s projection comes amid discussions that Donald Trump’s transition team, alongside his newly appointed White House…

Ethereum Name Service (ENS) and Ethena (ENA) turned up as the biggest gainers in the crypto market over the last 24 hours while Bitcoin (BTC) took another chance to hit $100k. Major altcoins like Ethereum (ETH) and XRP also rallied over 4% as the market sentiments remained “Extreme Greed”. The global crypto market printed green indexes all around since Bitcoin surged above $97,000, fueling speculation about a potential breakout. BTC gains were pared back to nearly $95,500 after a confident attempt. The cumulative digital assets market cap is up over 2% to stand at $3.3 trillion with a trading volume…

US President-elect Donald Trump plans to make cryptocurrency a “National Priority” policy right upon his inauguration. According to reports, Trump’s team is also planning to create a crypto advisory council for offering a supportive environment for insiders to voice out their opinions within his administration. Donald Trump’s open support for the crypto industry is not unknown. In fact many experts are of the opinion that Trump might introduce executive orders focusing on cryptocurrency on the first day of his presidency. Trump is anticipated to discuss topics such as de-banking and overturning a crypto accounting rule that mandates banks holding digital…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially introduced FarmX, a decentralized farming platform, to SpaceS, its Telegram game bot, as learned by Finbold on Wednesday, January 15. The novel farming platform will allow both beginner and experienced crypto users to earn rewards by doing simple farming tasks and participating in platform campaigns. Furthermore, the additional layer to the play-to-earn system is designed to further motivate gaming participants within the broader SpaceS ecosystem. A thriving space-themed Web3 community Bybit SpaceS is a dynamic Web3 community with over 3 million players immersed in its space-themed gameplay. Beyond its…

Tokinvest, a real world assets (RWA) tokenization marketplace, leveraging blockchain technology, has received a full market license from the Dubai Virtual Assets Regulatory Authority (VARA). The full market license allows Tokinvest to operate as a Virtual Asset Broker-Dealer; and to serve retail, qualified, and institutional investors in and from Dubai, further enhancing the accessibility and appeal of fractionalized investments. As per the release, Tokinvest is the first company inside Dubai’s DMCC International Business District to receive an operational VARA license. It will leverage blockchain technology to provide a seamless, secure, and efficient platform for fractionalizing VARA approved real world assets…

Virtually all Ripple USD (RLUSD) tokens were burned on Wednesday, according to the Ripple Stablecoin Tracker account on the X social media network. A total of 46,676,120 RLUSD tokens were burned just within 24 hours. Some believe that the burning spree might mean that Ripple’s official announcement about the launch of a stablecoin could be in the offing . Vet, a dUNL validator on the XRP Ledger (XRPL), has noted that securing approval from the New York State Department of Financial Services (DFS or NYSDFS) remains a key hurdle. The San Francisco-based enterprise blockchain company waded into the stablecoin sector…

The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its ongoing case against Ripple, challenging a July 2023 court decision that partially dismissed some claims. Attorney Jeremy Hogan discussed the appeal, explaining that the SEC is only appealing one specific ruling: that the XRP sold to retail investors on exchanges was not considered a security. The SEC is not challenging the finding that no investors were harmed. Weaknesses in the SEC’s Brief Hogan finds the SEC’s brief weak and said that much of it simply repeats what the lower court already decided. The SEC is asking the…

HeLa Space and Funton.ai have announced their strategic collaboration to push the boundaries of gaming and Web3 experiences. This partnership aims to reshape the future of gaming with Web3 innovations by providing mini-app games in a variety of personalized T2E (Token-to-Earn). We’re excited to announce our newest collaboration with @funton_ai!https://t.co/ns69zDWJIX is a modular multi-game platform on Telegram & LINE, offering exciting T2E mini-app games and the leading Funton GameFi-as-a-Service (Funton GaaS), enabling Web3 projects and ecosystems… pic.twitter.com/zE9TmnlfEU — HeLa Space 🍀 (@HeLa_Labs) January 16, 2025 HeLa Space, a decentralized digital ecosystem platform, has witnessed the partnership via its official X…