Author: NBTC

Crypto.com will provide VerifiedX with $1.5B in institutional-grade custody and liquidity support. Partnership enables institutions using VerifiedX to securely store and transact assets via Crypto.com Custody. Integration builds on earlier collaboration linking Crypto.com Pay and on-ramps to Switchblade Wallets. Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), a global leader in self-custody and Web3 wallet infrastructure, have announced a partnership under which Crypto.com will provide secure, institutional-grade custody and liquidity support for $1.5 billion in assets, along with OTC trading capabilities. The collaboration enables eligible institutions using VerifiedX to safely store, manage, and transact digital assets through Crypto.com’s regulated custody platform.…

A new blockchain builder program in the Philippines is helping train young developers in a remote province to write blockchain code and ship projects on-chain. Students from Puerto Princesa, the capital city of Palawan, a long, sparsely populated island province isolated to west of the Philippines, spent weeks learning something entirely new to them: Move, an open-source smart contract language originally developed from Meta’s Diem project, now adapted by its former developers who went on to build Sui and Aptos. Dubbed the Sui Builder Program, the initiative offers a skills-based and results-oriented path that stands in contrast to economies of…

The US government shutdown has negatively impacted government agencies. As a result, government employees were furloughed, and the publication of key economic indicators, such as employment and Gross Domestic Product (GDP), was suspended. As uncertainty persists about how long the US lockdown will last, anxiety about the Fed’s interest rate cuts has also increased. The Fed, which bases its interest rate decisions on released economic data, will be unable to provide much important economic data. Citibank economists said they expect the Fed to continue cutting interest rates for the rest of the year, despite the risk of missing out on…

Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. Opera’s MiniPay now lets 10M users spend USDT directly via local QR codes in Argentina and Brazil. Lemon Wallet transforms into a crypto app store, allowing usage of dApps without managing private keys. The Opera web browser has activated a feature within its stablecoin wallet, MiniPay, that permits the use of tether (USDT) for commercial transactions in Argentina and Brazil. This development was officially announced during the Devconnect conference in Buenos Aires. The tool, named “Pay like a local,” is now operational for a user base…

For years, the crypto industry has said the right things about onboarding the next billion users. We’ve talked about scalability, security, decentralization, and user sovereignty (and yes, these all matter). But ask any everyday person why they stopped mid-way through a crypto transaction, and you’ll hear the same frustrating story: “It wouldn’t let me complete the transaction because I didn’t have enough gas.” This issue may sound trivial to crypto veterans, but for mainstream users, it’s one of the biggest and most confusing roadblocks. You might already own the token you want to trade. You might be trying to send…

The NFT market has fallen off sharply since the 2021-22 bull run, but at least one billionaire collector is still betting big on the tokenized assets. In one of the largest private NFT deals of the year, businessman and collector Adam Weitsman recently acquired 229 Meebits NFTs in a single over-the-counter transaction, marking the biggest-known purchase from the collection—which was launched by CryptoPunks creator Larva Labs in 2021. Weitsman continues to double down on digital art and culture, even as markets cool. “I’ve always loved Meebits,” Weitsman told Decrypt in an interview. “They’re actually the reason I got into Web3…

Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a report by the New York Times on Friday. The company will now allow users in over 140 countries to place bets, marking its first major international expansion, the article said. Kalshi projects $50 billion in annualized trading volume this year, up from $300 million last year, and now holds more than 60% of global market share, surpassing rival Polymarket. The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG,…

Growing optimism in Washington is elevating expectations for U.S. crypto clarity as Coinbase CEO Brian Armstrong’s renewed push signals rising momentum behind legislation he hopes will soon reach the president’s desk, promising clearer standards, confidence and growth ahead. Armstrong Fires up DC Again With a Bold Push for CLARITY Bill Intensifying legislative momentum in Washington is reshaping expectations for U.S. crypto rules. Coinbase (Nasdaq: COIN) CEO Brian Armstrong shared on Nov. 18 on social media platform X that he returned to the capital to continue pushing market-structure legislation, noting that the Digital Asset Market Clarity Act could soon reach the…

Citi and Swift complete a landmark trial enabling Payment-versus-Payment (PvP) settlement between fiat and digital currencies. The trial used Swift’s existing infrastructure, enhanced with blockchain connectors, orchestration tools, and smart contracts. Citi used test USDC on Ethereum’s Sepolia network to simulate real-world conditions. Citi and Swift recently completed a successful trial proving that it is now possible to settle payments between fiat and digital currencies using a Payment-versus-Payment setup. This is a major step forward and highlights how a hybrid model can bring traditional financial systems and modern blockchain networks together. Read on to know how Citi and Swift achieved…

South Korea takes a decisive step in cryptocurrency regulation as authorities launch a comprehensive blockchain services inspection. This crucial move signals heightened scrutiny of digital asset platforms and could reshape the Asian crypto landscape. The blockchain services inspection focuses on multiple sectors within the digital economy, reflecting growing concerns about user protection and market stability. What Does This Blockchain Services Inspection Cover? The Personal Information Protection Commission (PIPC) initiated this blockchain services inspection following their November 20 plenary meeting. This examination targets several critical areas of the blockchain ecosystem. The inspection will assess virtual asset issuance platforms and remittance services.…