Author: NBTC
Uniswap Labs shared a major update to enhance user accessibility to its Ethereum-based decentralized protocol. The integration of BinancePay, Topper, and AlchemyPay into Uniswap’s Web and Wallet services is set to simplify the process of moving funds on-chain, providing users with more options and freedom. More ways to onramp. More freedom for users. Excited to announce that BinancePay, Topper, and AlchemyPay are now available across Uniswap Web and Wallet Making it even easier to go onchain 🦄 pic.twitter.com/GVYbZVZFiM — Uniswap Labs 🦄 (@Uniswap) December 11, 2024 This announcement marks another step in the protocol’s mission to lower the barrier to…
The Nigerian Securities and Exchange Commission is exploring the use of blockchain technology to build trust in capital markets. Bridging the Trust Gap The Nigerian Securities and Exchange Commission (SEC) is exploring the use of blockchain technology to build trust in capital markets. According to Director-General Emomotimi Agama, harnessing this technology is key “to bridging the [trust] gap between issuers and investors.” At a conference of the Capital Market Correspondents Association of Nigeria, Agama explained how adopting the technology benefits all investors, including those in neglected parts of the country. “The SEC is exploring the integration of blockchain technology for…
Microsoft’s Bitcoin rejection has drawn criticism from the digital asset community after shareholders voted against a proposal to invest in Bitcoin. Titled “Assessment of Investing in Bitcoin,” the proposal was to allocate 1% of Microsoft’s total assets into Bitcoin as a hedge against inflation. Despite the rising interest in corporate cryptocurrency adoption, Microsoft’s board opposed the proposal, citing Bitcoin’s volatility and the need to prioritize stable investments for liquidity and operational funding. Critics argue that this conservative stance may result in missed opportunities, especially as companies like MicroStrategy continue to embrace Bitcoin. Crypto Backlash to Microsoft’s Rejection Tron (TRX) founder…
In an unprecedented move for the meme-coin universe, $DOGS, the popular community-driven cryptocurrency, is preparing to launch a globe-spanning treasure hunt, offering $10,000 worth of $DOGS tokens and exclusive assets on its soon-to-be-launched NFT Sticker Platform. With cryptic puzzles hidden across both digital spaces and real-world locations, this event is set to challenge the sharpest minds in the $DOGS community while offering a thrilling mix of blockchain mystery and global adventure. A New Kind of Adventure The $DOGS mascot, affectionately known as Spotty, has reportedly uncovered a hidden message deep within the blockchain, hinting at the launch of the new…
WhiteBIT, a leading European cryptocurrency exchange, has launched the WhiteBIT Nova card in partnership with Visa and Wallester AS. This innovative debit card enables EU residents to seamlessly spend their digital assets on everyday transactions while earning up to 10% cashback. Designed to integrate cryptocurrencies into daily life, the card bridges the gap between blockchain technology and traditional financial systems. It offers multiple user benefits, including support for major cryptocurrencies, no service fees, and flexible cashback options. Key features of the WhiteBIT Nova card The WhiteBIT Nova card offers EU users a unique financial tool with several standout features: Zero…
A recent report by JPMorgan reveals that Bitcoin miners are increasingly shifting their strategies towards accumulating Bitcoin (BTC) rather than liquidating their holdings. This trend is driven by the pressures of the recent BTC block reward halving and a rising network hashrate, which have impacted profitability levels across the mining sector. Contents hide 1 What Factors Drive the Shift in Mining? 2 Are Public Companies Adapting Their Strategies? What Factors Drive the Shift in Mining? The April block reward halving has notably increased mining difficulty, especially affecting smaller operators. Consequently, miners are now prioritizing the accumulation of Bitcoin as they…
The OORT Foundation announced the commercial launch of its OORT DataHub, a decentralized platform designed to improve data collection and labeling for artificial intelligence. The platform, which goes live on Dec. 11, aims to address longstanding challenges in AI development, including data transparency and integrity. OORT DataHub promises to reduce costs and enhance security for businesses and researchers who rely on large-scale data for AI training by leveraging blockchain technology. The launch marks a significant step for Oortech, which previously introduced its Edge Device, a decentralized storage node. Together, these products form the backbone of the OORT ecosystem, which aims…
Bitcoin performance relative to Gold reaches an important juncture, according to a recent analysis from market veteran Peter Brandt. Notably, his latest analysis of the Bitcoin/Gold (BTCXAU) ratio reveals a notable test for Bitcoin at the 36 to 37.1 ounce (oz.) level. For context, this area is proving to be a significant resistance zone, following a sharp breakout from a falling channel. Brandt’s chart, which spans a weekly timeframe, captures the market condition with historical context. In late 2018, BTC formed a wedge pattern against Gold, with higher lows and resistance at 7 XAU. Bitcoin Against Gold | Peter Brandt…
Main Takeaways: Binance, the biggest crypto exchange in the world, recorded $21.6 billion in user fund deposits in 2024, 36% more than the combined total of the next 10 crypto exchanges, which amounts to USD 15.9 billion. The average Bitcoin deposit across exchanges rose from 0.36 BTC to 1.65 BTC, while USDT deposits surged from $19.6k to $230k. These larger deposits reflect growing interest from professional and corporate investors. Binance became the first crypto exchange to exceed $100 trillion in lifetime trading volumes, showcasing its market dominance. A Year of Exceptional Growth 2024 has been a landmark year for Binance…
Farcana, a UAE-based team shooter game, is making waves in the blockchain gaming industry with its recent integration with LayerZero. This marks a major step toward establishing itself as a multi-chain platform. The partnership leverages LayerZero’s cutting-edge Ultra Light Node (ULN) framework. The aim is to enhance Farcana’s ability to provide a more secure and seamless gaming environment and eliminate vulnerabilities that have historically plagued blockchain gaming platforms. Farcana Embraces Multi-Chain Innovation The transition to LayerZero brings notable advancements. These advancements include reduced dependency on intermediary chains, thereby lowering transaction fees. By integrating this innovative framework, Farcana is enhancing gamers’…