Author: NBTC

Russia’s Central Bank has recognized Ripple’s potential for cross-border payments amidst ongoing uncertainty about the SEC’s appeal in its case against Ripple. In a report titled “Digitalization of Payments and Implementation of Innovations in the Payment Market (2024),” the Central Bank of Russia acknowledged Ripple as an emerging player in global finance. Alpha Lions Academy CEO Edo Farina highlighted the central bank’s update and emphasized XRP’s role in Ripple’s operations. According to Farina, the report positions XRP at the core of Ripple’s activities. BREAKING: 🚨 The Central Bank of Russia 🇷🇺 has published a paper titled “Digitalization of Payments and…

Ripple CEO Brad Garlinghouse has addressed recent comments made by former SEC official John Reed Stark during a recent “60 Minutes” episode, arguing that his points were “provably false.” Stark, who made an appearance on the program together with Garlinghouse, was highly critical of cryptocurrencies, stating that they are “a scourge” for society while also claiming that crypto tokens are securities. His harsh words attracted some backlash within the XRP community, with Garlinghouse himself taking aim at Stark by calling him a “shill” for SEC Chair Gary Gensler. In response, Garlinghouse clarified that he has never actually spoken with Gensler.…

OKX partners with Kemet to provide clients with advanced derivatives trading technology. The move aligns with the growing institutional demand for sophisticated trading solutions. OKX Ventures invests $5M in TON Ventures to develop the best solutions for TON applications. OKX, a Seychelles-based cryptocurrency exchange, announced its strategic alliance with Kemet Trading, a digital asset derivatives trading platform. This collaboration enables OKX clients to leverage Kemet’s advanced position, risk, and portfolio management tools. Thus, the development could bring advanced derivatives trading technology to its institutional clients. In an official blog post, OKX revealed the Kemet Trading partnership aligns with the increasing…

San Francisco – Solana Labs’ Bond platform is taking a bold step into the world of spirits with a new collaboration with Baxus and Iridia. Together, they’re unveiling an innovative authentication system that fuses blockchain with molecular science to ensure the authenticity of premium spirits and combat counterfeiting in the global marketplace.—At the forefront of this breakthrough is a 20-year-old Kentucky bourbon by Oakley Spirits, the first product to feature the cutting-edge technology. The partnership introduces on-chain molecular authentication, where unique digital molecular signatures are embedded directly into each bottle. Tokenized on the Solana blockchain, every bottle becomes a one-of-a-kind…

New information has come to light showing that Microsoft shareholders strongly opposed a proposal on Tuesday to invest in Bitcoin, even though the asset was described as an effective inflationary hedge. Merely 0.55% of shareholders supported a proposal for buying and holding Bitcoin. The leading crypto by market capitalization surpassed $100,000 per coin once again on Wednesday. According to the annual Microsoft Investor Relations report, 28.234 million Microsoft shareholder votes were cast in favor of the proposal, compared to an overwhelming 5.148 billion against, with 22.6 million abstentions. Microsoft’s board of directors urged shareholders to vote down the proposal ahead…

A gently used 2001 honda civic is a memecoin project built on Solana and has been active for the past 10 months. Its token, $USEDCAR, went up by 8x since the community takeover. The project launched last year, along with other successful coins like $BONK and $WIF. And that was before the pump.fun memecoins mania. $USEDCAR achieved a $35M market cap, and now it’s in a consolidation phase. The project was popular back in January, but whales decided to sell after achieving 5x, attempting to kill it. This did not stop the community and the real OGs from reviving it.…

SEC Commissioner Hester Peirce addressed regulatory concerns surrounding the crypto industry during a recent interview. Highlighting the need for reform under the SEC leadership of President-elect Donald Trump, Peirce outlined three key priorities to provide clarity and foster growth in the crypto space. Hester Peirce Urges for Clarity on Crypto Regulation Peirce emphasized the need to halt the alleged regulatory suppression of the crypto industry. “Step one is to stop this approach of trying to prevent crypto from getting access to the services that it needs — custody, for example — to move forward,” she stated, according to a post…

Assetera, a Polygon marketplace licensed by MiFID to trade blockchain-based securities in Europe, has listed tokenized Backed Finance assets, offering international investors access to trackers linked to some of the most sought-after US companies. The platform plans to list tokenized US Treasury bills, or short-term US government securities with maturities of one year or less, aimed at liquidity-focused investors. When trading tokenized trackers, Assetera users will receive bTokens from Backed, representing shares in the underlying assets. The bTokens are fully collateralized and issued under an approved European Union prospectus, allowing for transparent and secure trading 24/7. Tokens offer significant flexibility…

Crypto payments provider Alchemy Pay has announced plans to launch its own layer-1 blockchain, which the company says will target large-scale business applications. Alchemy Pay (ACH) notes that the layer-1 blockchain will be dubbed Alchemy Chain and built on the Solana (SOL) Virtual Machine architecture. Per an announcement on Dec. 11, the new L1 will offer a payment system allowing users to transact with fiat and crypto. The platform will also offer a user-friendly ecosystem bridging on-chain and off-chain processes, chain abstraction, a stablecoin revenue mechanism, and yield generation. Additionally, the blockchain network will integrate a layer-2 solution, as outlined…

Bitcoin reached $93K post-election, with VanEck projecting a $180K target driven by institutional inflows and pro-crypto policies. The cryptocurrency market cap surpassed $3 trillion, with Bitcoin leading gains supported by strong weekly and monthly inflows. Favorable US regulations and government backing are fueling Bitcoin’s growth, positioning it for multiple all-time highs this cycle. Bitcoin has surged to new highs following renewed interest from institutional investors and a bullish market outlook. Investment management firm VanEck recently projected a $180,000 price target for Bitcoin in the ongoing bullish cycle. This comes after the cryptocurrency touched $93,000 post-election, signaling robust momentum in the…