Author: NBTC
Virtuals Protocol is a decentralized platform built on the Ethereum layer-2 Base, designed as a launchpad where users can create their own AI agents. These agents come equipped with unique abilities, can be monetized, and even operate on different applications and platforms. What has made Virtuals Protocol appealing so far is the ability to create a self-sustaining economy, mixing blockchain and AI in a much simpler way and thus cementing a unique product-market fit. Its user-friendliness is another plus, as people must only connect their crypto wallets and follow a few steps to create and launch their AI agents into…
Peter Brandt, a legendary commodities trader who has been practicing since the middle of the 1970s, has taken to his official account on the X social media network (formerly famous as Twitter) to share his take on the expectation shared by many, as he pointed out that Bitcoin will hardly increase higher than $100,000. Fighting “conventional wisdom” and Bitcoin-will-stop-at-$100,000 take He titled his tweet “Conventional wisdom,” explaining that this is a condition that many market participants firmly believe in, offering as an example an expectation that “Bitcoin will stop at $100,000.” When this conventional wisdom becomes “entrenched,” Brandt stated, “I…
Wintermute, the creator of liquid and efficient markets, received 5,819.2 $STNK tokens, worth approximately $1.2 million, as a sign of its latest function as a market maker for the token. The transaction, identified by Lookonchain on the 2nd of December 2024, involved the sale of the token and was reported on Solscan. Wintermute (@wintermute_t) received 5,819.2 $STNK($1.2M) 3 days ago.It seems that #Wintermute has become a market maker for $STNK.https://t.co/PNOcNlNnij pic.twitter.com/DInlhNbSHy — Lookonchain (@lookonchain) December 2, 2024 Transaction Details Blockchain transactions reveal that $STNK was transferred from Wintermute’s main account to its affiliated accounts. More particularly, 5,819.2 $STNK or the…
In the evolving landscape of digital finance, MiCA (Markets in Crypto-Assets) stands as a transformative framework poised to reshape the regulatory environment for digital assets. With stablecoins gaining momentum and mainstream adoption of crypto accelerating, MiCA introduces challenges and opportunities for fintech companies, traditional banks, and stablecoin issuers.In this exclusive interview, Anastasija Plotnikova explores the ripple effects of MiCA on global policies, cross-border payments, and DeFi integration. She delves into the adaptation strategies for firms under stricter regulations and how MiCA positions traditional banks to thrive.Plotnikova also highlights the potential consequences for startups and innovation, emphasizing the rising importance of…
Bithumb, one of South Korea’s leading cryptocurrency exchanges, has transformed its now-defunct subsidiary, Bithumb Meta, into Bithumb Partners. As reported by BizWatch today, the rebranding is interpreted as a major strategic change. Apart from the name, the focus has changed to investment operations, forming a new entity within Bithumb. In the fourth quarter of 2024, Bithumb rebranded and injected another 1 billion KRW or 6,80,099 USD, bringing the total capital for the subsidiary under 100% ownership of Bithumb to around 2 million dollars. In 2023, previous investors in Bithumb Meta-such as LG CNS, CJ OliveNetworks, and SK Square-have now officially…
Singapore’s OCBC Bank has launched a blockchain-based solution enabling corporate clients to invest in fractionalized tokenized bonds, marking a shift in corporate treasury management. The bank’s accredited investors, defined as entities with over S$10 million ($7.3 million) in assets, can now purchase bond units starting from S$1,000 — a significant reduction from the traditional minimum of S$250,000, according to Ledger Insights. The new solution also allows investors to customize bond duration and coupon rates. These tokenized bonds reference existing investment-grade assets, providing corporate clients with more tailored and liquid investment options. For instance, a mid-sized construction firm recently utilized the…
Since November 21, Bitcoin (BTC) has hovered near the $100,000 mark but hasn’t hit it, with BeInCrypto attributing this to increased realized profits. Recent data shows that profit-taking activity has slowed. What does this mean for Bitcoin’s price? Bitcoin Holders Step Back from Booking Gains Data from Glassnode shows that Bitcoin realized profits surged to $10.58 million on Thursday, November 21. However, as of this writing, the value has dropped to $1.58 million, a $9 million difference. As the name implies, realized profit is the value of coins sold after their price has increased. Therefore, when this metric rises, it…
There has been a lot of back and forth recently about Ripple and XRP Ledger, with people questioning how decentralized it really is. Blockchain researcher Justin Bons has accused XRP of being centralized and permissioned, with criticism focusing on its reliance on Unique Node Lists (UNLs). Bons said this design is basically based on proof of authority (PoA), which he thinks is a bad idea compared to the trustless frameworks of proof of work (PoW) and proof of stake (PoS). At the heart of Bons’ argument lies the assertion that the Ripple Foundation wields disproportionate control over the network. Dynamic…
SpaceX CEO Elon Musk and entrepreneur Vivek Ramaswamy will helm a new U.S. government initiative aimed at lowering the federal budget deficit. Called the Department of Government Efficiency (DOGE), the initiative—which has an acronym identical to the ticker of Musk’s favorite cryptocurrency, Dogecoin—will “slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” according to President-elect Donald Trump. However, some details about the project remain unclear. Here’s everything we know so far about DOGE. What is DOGE? DOGE is an upcoming U.S. government initiative that Elon Musk first tweeted about in August. While the project initially appeared to be a…
Binance has announced the third project in its Megadrop series featuring Solv Protocol (SOLV), a Bitcoin staking platform focused on building a Bitcoin-centric financial ecosystem. Solv Protocol (SOLV) Megadrop Launched on Binance Starting from 07-01-2025 03:00, users can participate in the SOLV Megadrop by subscribing to BNB Locked Products or completing Web3 Tasks. Basic Details of SOLV Megadrop Participation Period: 07-01-2025 03:00 – 17-01-2025 02:59:59 BNB Locked Products: Participants can maximize their Locked BNB Points by locking BNB before the event starts. Binance will take hourly snapshots of subscription amounts throughout the Megadrop period to determine rewards. Web3 Tasks: Users…