Author: NBTC

Venezuela’s crypto adoption doubles annually, ranking second in Latin America with $100M monthly P2P volume. Stablecoins like USDT provide an inflation shield for 10% of Venezuelans in daily transactions. The use of cryptocurrencies in Venezuela is doubling every year, a direct response to the persistent erosion of the local currency. The country currently holds second place in crypto adoption in Latin America, a position only surpassed by Brazil. The volume of peer-to-peer transactions in the nation already exceeds $100 million monthly. One in ten people in Venezuela uses these monetary assets as a payment method for everyday transactions. Engineer Aníbal…

Greedy World, a decentralized meme gaming platform that combines Web3 gaming and crypto trading, allowing users to convert all meme coins into in-game assets, today announced a strategic partnership with Qitmeer Network, a Layer-1 blockchain platform that offers secure services for distributed applications and the decentralized financial ecosystem. This collaboration enabled the integration of Greedy World’s GameFi network with Qitmeer’s blockchain infrastructure to expand Greedy’s entertainment platform, innovate its decentralized gaming, and widen its adoption among mainstream users through efficient interoperability. Greedy World is a Web3 meme gaming platform that enables users to turn meme coins into playable in-game assets.…

Network operators have scheduled a technical update that will adjust the base mainnet fee while also modifying block gas parameters on the Base blockchain. Details of the Base mainnet update EIP-1559 elasticity and throughput effects Scope and impact of the scheduled work Details of the Base mainnet update On Thursday, December 18, between 19:00 and 20:00 UTC, the Base mainnet will undergo a planned configuration change. During this one-hour window, developers will modify both the minimum fee level and the block gas configuration to fine-tune performance and cost dynamics on the network. As part of the update, the minimum base…

WisdomTree’s head of digital assets, Will Peck, anticipates that exchange-traded funds (ETF) that hold diversified baskets of cryptocurrencies will fill a significant gap in the market in the coming years. “It does seem like that’s going to be one of the next waves of adoption,” Peck told Cointelegraph at The Bridge conference in New York City on Wednesday. “It solves a need, I think,” he added. Peck explained that although many new investors now understand the concept of Bitcoin (BTC), they often struggle to judge the “next 20 range of assets.” He said a multi-asset crypto basket provides them with…

Neo has launched the Message Bridge on MainNet, introducing a new cross-chain communication layer between its EVM-compatible network Neo X and Neo N3. The infrastructure allows applications on either chain to exchange arbitrary data, trigger smart contract execution on the opposite network, and compose functionality across environments. The Message Bridge expands Neo’s interoperability stack beyond asset transfers, which are already supported through the existing Token Bridge between Neo X and Neo N3. The development team indicated that reliability, monitoring, and security will remain ongoing priorities as usage grows. Expanded cross-chain functionality Unlike the Token Bridge, which is limited to moving…

Baron Capital’s Chairman and CEO, billionaire investor Ron Baron, made important statements about the latest trends in the markets, long-term investment strategies, and Tesla’s future in an interview with CNBC. Baron argued that investors should see the bigger picture and seize opportunities rather than focusing on short-term dips. Ron Baron noted that the market has recently been largely focused on technology and artificial intelligence stocks. He noted that companies outside these areas, particularly small and medium-sized companies, have performed relatively weaker this year. Baron noted that the market’s largest stocks account for a large portion of the returns, and that…

According to a recent report by The Information, crypto and artificial intelligence have dominated the US initial public offering (IPO) market. The market saw 51 U.S. tech IPOs, which is a high number of companies successfully going public that raised a combined $16.8 billion. This performance was “well above the average over the past three years,” a major revival after a period of relative quiet in the IPO market (especially compared to the boom years of 2020 and 2021). Venture Global, a major U.S. liquefied natural gas company, pulled off one of the year’s largest IPOs, raising $1.75 billion by…

Russia’s largest bank, Sberbank, announced it is testing multiple decentralized finance (DeFi) products in response to the rapid increase in customer demand for cryptocurrency trading and storage. Bank management emphasized that interest in digital assets has strengthened significantly recently and that they are working on new financial solutions to meet this demand. Sberbank Deputy Chairman of the Board Anatoly Popov stated that the bank is not limited to cryptocurrency trading services alone, but is also closely monitoring opportunities for asset tokenization and integration with DeFi platforms. According to Popov, the integration of traditional banking infrastructure with digital assets will be…

A decision to rewrite a blockchain’s recent history to make users whole is exposing fault lines over governance, and precedent on Gnosis Chain. In a governance forum post on Dec. 12, Philippe Schommers, Gnosis’s head of infrastructure, said the network would need to undergo a hard fork to return funds frozen during the recent exploit of DeFi protocol Balancer. If everything goes according to plan and validators update their software on time, the hard fork is expected to activate at 16:11 UTC on Dec. 22. Nodes that fail to follow the chain with a majority of stake “will get penalized,”…

Upbit operator Dunamu reported a surge in profitability for the third quarter of the year, posting 239 billion won ($165 million) in net income. The figure marks an increase of more than 300% compared to the same period last year, which stood at $40 million, local news outlet Chosun Biz reported, citing regulatory filings with the Financial Supervisory Service. The filing reportedly showed strong momentum across all key metrics. Consolidated revenue climbed to $266 million, up 35% from the previous quarter, while operating profit rose 54% to $162 million. Net income also jumped 145% quarter-over-quarter from $67 million. The company…