Author: NBTC
In a recent tweet, a crypto-lawyer Metalawman revealed the Massachusetts Senate and Presidential reace results, sparking a heated response Ripple CEO, Brad Garlinghouse. According to the crypto-lawyer’s tweet, Elizabeth Warren won the Senate race with 59.6% of the vote, while Kamala Harris took Presidential race with 61.3%. If you needed even clearer evidence that the crypto voter is alive and well, here it is in the data… I hope the Dems find a way to hold @GaryGensler accountable for ignoring the law. https://t.co/rJA2SCczG6 — Brad Garlinghouse (@bgarlinghouse) November 7, 2024 In the Massachusetts Senate race, Democrat Elizabeth Warren secured a…
The Polish Financial Supervision Authority has added four new entities to the public warning list, including operator of Crypto.com. Crypto.com‘s Maltese operator Foris DAX MT has been placed on the Polish Financial Supervision Authority — also known as KNF — alert list after allegedly providing financial services in Poland without the required authorization. The listing, made on Nov. 6, follows allegations that Foris DAX MT violated local rules, specifically in areas of financial advisory, per the list’s description. The case will be handled by the regional prosecutor’s office in Warsaw. You might also like: Poland’s Pekao Bank using blockchain to…
Injective has announced its partnership with the AI Alliance Fetch.ai. The integration fuels blockchain innovation and interoperability by bringing together two leading players in the Web3 sector. The platform shared details of the integration on Social Media X. According to Injective, the integration is the beginning of its long-term partnership with the ASI Alliance. Both teams are focused on exploring cutting-edge use cases, pioneering product development, and joint research initiatives. Injective noted that its integration with ASI Fetch.ai combines the capabilities of both organizations. As such, the initiative leverages Injective’s dominance in the DeFi sector as well as ASI’s cutting-edge…
The latest Bitcoin (BTC) rally near an all-time high coincided with a recovery of the US dollar against other currencies. In the past 60 days, the correlation of BTC to the direction of the US dollar was negative, but that trend may shift after the Presidential elections. Bitcoin (BTC) may be seeking direction based on global economic and financial indicators. For the last 60 days, the BTC correlation to the US dollar is negative. The USD recovered against the basket of six currencies, which makes up the DXY index. The DXYindex is one of the clearest switches for risk on…
A leading crypto figure clarifies the confusion concerning XRP in Swift’s move to advance its infrastructure to enable transactions with regulated assets. On Wednesday, renowned payment processor Swift published a report about its efforts and plans to integrate digital assets and cryptocurrencies into its service. The report highlighted that Swift is working to enable transactions with regulated digital assets on its network. This move follows successful experiments and research in blockchain interoperability and central bank digital currencies (CBDCs). Leveraging its extensive experience in global interoperability, Swift aims to address current challenges in the digital asset space, such as fragmented platforms…
Changpeng Zhao, better known as CZ, the man who built Binance from the ground up, doesn’t want his name anywhere near Sam Bankman-Fried’s. In his own words, comparing him to SBF, the convicted founder of FTX, is like “comparing somebody who’s stealing money versus somebody who failed to register a company.” CZ, blunt as always, says he’s got no interest in SBF’s brand of downfall. At the Coca-Cola Arena in Dubai, he made a high-profile appearance a few days after his release from prison, greeted like a rockstar with fans lining up for selfies, one fan shouting, “he’s a martyr,”…
The payment industry usually plays it safe. Rather than jumping on trends, PSP companies place a strong focus on compliance and security. That said, there are incentives for and signs of a growing openness to cryptocurrencies. · The global user base for cryptocurrencies has reached 617 million as of June 2024. · Cryptocurrency payments are projected to grow at a compound annual growth rate of nearly 17% between 2023 and 2030. · Major PSPs like Stripe, PayPal, and Braintree have already integrated crypto payment options. Our customer, Akurateco, a payment solutions provider, recognized the potential of crypto payments in the…
Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value. Global Bitcoin (BTC) mining firm HIVE Digital reported that it mined 117 BTC in October, marking a 1% increase month-over-month and bringing its HODL portfolio to 2,624 BTC, a 51% increase compared to the previous year. In a Friday press release on Nov. 8, Frank Holmes, executive chairman of HIVE Digital, credited the firm’s portfolio growth to the team’s “prudent capital management,” which allowed the firm to “minimize dilution and cover operational expenses.” Commenting on the recent U.S. election…
The two trials will test out letting mainland Chinese residents visiting Hong Kong to access tokenized financial services through a local app. It will use the China Real-Name Decentralized Identifier System (RealDID) for anonymous registration. Layer one blockchain Flare and decentralized cloud infrastructure company Red Date Technology have announced two trials that will allow mainland Chinese residents to buy stablecoins issued by virtual asset company IDA in Hong Kong. The first trial will allow for anonymous registration on a regulated stablecoin app and the other will facilitate the purchase of tokenized financial products with the stablecoin. “With Hong Kong on…
Roblox-style metaverse game Nifty Island concluded its play-to-airdrop campaign last week. Over the nine-month push, the game attracted more than 140,000 unique active wallets—but now it’s preparing for the ISLAND token launch and airdrop. Nifty Island entered open beta at the start of the year as a voxel-style sandbox title, letting players create and share their own game worlds (called Islands) to keep a potentially endless flow of fresh content on the platform. Since the play-to-airdrop campaign began, approximately 70,000 Islands have been made by users as the game’s developers added new game modes and abilities, and improved the client.…