Author: NBTC
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified Reforestation Projects Blockchain-based tracking platform Verofax partnered with climate tech startup NetGreen to boost global reforestation efforts. Verofax’s technology will reportedly help Netgreen’s platform offer individuals a “plant-a-tree service” linked to verified reforestation projects. Combining Verofax’s Tree Chain technology with Netgreen’s approach will streamline tracking,…
Valour Inc., a subsidiary of DeFi Technologies Inc., in partnership with Core Foundation, has introduced a financial product for German investors: the world’s first yield-bearing Bitcoin (BTC) ETP. This product reportedly provides exposure to Bitcoin while offering a 5.65% annualized yield. Big announcement #Coretoshis 📣@DeFiTechGlobal Subsidiary @ValourFunds Introduces World’s First and Only Yield Bearing BTC ETP in Collaboration with Core Foundation, to German InvestorsDive in👇 https://t.co/OA3O1hpn82 — Core DAO 🔶 (@Coredao_Org) June 18, 2024 Trading for the Valour Bitcoin Staking (BTC) EUR ETP commenced on June 13, 2024, on Börse Frankfurt. Before its debut in Germany, the Valour Bitcoin Staking…
Multinational banking and financial services company DBS Bank has collaborated with digital payments provider Ant International on a new blockchain-based treasury and liquidity management solution. On August 13, DBS Bank announced the pilot launch of DBS Treasury tokens, which Ant International will use for instant and multi-currency treasury and liquidity management. The new DBS Treasury tokens, which will be used by Ant International, exist on DBS’s permissioned blockchain for its entities in multiple markets. Permissioned blockchains, also called “private blockchains,” are networks with a layer of access control. This adds a security mechanism that allows blockchain participants to only have…
Whale Alert, a popular blockchain tracker that traces large cryptocurrency transactions, spotted several consecutive Bitcoin transfers earlier today. These transactions moved close to a whopping billion U.S. dollars within just a single hour. This happened as Bitcoin rebounded after its 4% decline on Tuesday. 11,358 Bitcoin on move The aforementioned blockchain tracker detected three consecutive transactions, which transferred 11,358 BTC in total – the equivalent of more than $743 million. These transactions carried 6,499; 2,359 and 2,500 Bitcoins. Just the first transfer alone was worth almost half a billion U.S. dollars. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨…
SEI, the native token of Layer 1 blockchain Sei, has surged 13% following the launch of the beta version of its Sei v2 mainnet, which it hailed as the “most performant EVM blockchain ever built.” At the time of writing, Sei was up 12.5% in the last 24 hours, exchanging hands at $0.3422 per data from CoinMarketCap. The crypto asset also saw a daily trading volume of $211 million. Over the past day, this represents a 48.2% increase in value for the sector-specific Layer 1 blockchain, designed exclusively for trading to offer exchanges a “competitive edge.” SEI 24-hour price chart…
Zurich — The Internet Computer Protocol (ICP) has unveiled a game-changing advancement in blockchain technology with the integration of threshold-Schnorr signatures and on-chain Bitcoin block headers, marking a significant milestone known as Deuterium. This update is set to empower developers to unlock unprecedented Bitcoin-native use cases and drive innovation within the ecosystem.—Bitcoin is evolving beyond its digital gold status, becoming a cornerstone of a decentralized economy. Recent figures highlight this shift: Runes and BRC20 tokens now outpace regular BTC transactions by threefold. With over 68 million Ordinals inscriptions and $459 million in fees, coupled with 15 million Runes transactions, the…
Established in 1930, Tooting Market in South London is an iconic indoor market and the UK’s first food market. It has garnered accolades such as Best Small Indoor Market at the 2017 Great British Market Awards and Tooting is listed among Lonely Planet’s ‘Favorite Lesser-Known Neighborhoods In The World’s Greatest Cities.’ And now it accepts bitcoin payments. Bitcoin Integration Local Bitcoin enthusiasts, led by a pseudonymous Bitcoiner known as Hashley Giles, have successfully introduced bitcoin payments at the market. With support from Bridge 2 Bitcoin (UK-based Bitcoin circular economy builder), eight merchants — including restaurants, bars, and a vinyl record…
Wall Street analysts predict XRP could surge to $8,033 due to XRP Ledger expansion. The CTF Token, a DeFi token on XRPL, may rise to over $1,497 despite its $40 billion market cap. XRP’s ambitious price target reflects confidence in its future, driven by trillions in transactions on the XRP Ledger. Wall Street analysts have made a bold forecast by predicting that XRP could skyrocket to $8,033. This projection is based on the anticipated expansion of the XRP Ledger. The ledger is expected to handle transactions worth $30 to $50 trillion by 2025. This massive transaction volume could shift to…
Manta Pacific, a leading native Layer 2 (L2) modular blockchain within the Manta Network, has announced a groundbreaking advancement with the introduction of its MultiDA (Multiple Data Availability) framework. By integrating a suite of data availability (DA) layers including Celestia, EigenDA, NEAR’s Nuffle Labs, Avail, 0G, Nubit, and Dill, Manta Pacific is setting a new benchmark in network uptime, security, and user experience.—This pioneering MultiDA strategy enables Manta Pacific to dynamically select the most suitable DA solution based on factors such as availability, performance, and cost. The result is a more resilient and cost-effective L2 solution that ensures uninterrupted service…
U.S. spot Bitcoin ETFs have witnessed net outflows of almost $300 million in the past two days. The Bitcoin price has successfully reclaimed the $65,000 mark after it sank down towards $64,000 yesterday. The leading cryptocurrency is seemingly range bound between $65,500 and $64,000, according to analysts. Bitcoin’s short-term price movement will thus likely remain muted in the absence of any key catalysts. And the worrying trend of institutional investors selling their Bitcoin ETF shares from last week still persists. In the past two days, U.S. spot Bitcoin ETFs saw net outflows of $298 million, according to data analytics platform…