Author: NBTC
The Financial Sector Conduct Authority (FSCA) of South Africa has approved licenses for 63 new cryptocurrency firms, enabling them to operate within the country and expand their global reach. The regulator initiated the licensing process in March after receiving a surge of applications from crypto companies. With these new approvals, the total number of licensed crypto asset service providers (CASPs) in South Africa now stands at 138. Despite approving 75 firms in April, the FSCA continues to receive applications from both new and existing crypto firms, with a total of 383 applications received to date. “A further 80 applications have…
Shooter games have quickly grown to become one of most competitive niches within the blockchain gaming industry, and it’s not difficult to see why. The popular game format has a seriously strong allure, combining thrilling, frantic, nerve-wracking gameplay with fast-moving graphics and deadly opponents. Shooter games require a delicate balance of skill, strategy, fearlessness and aggression. Now throw in the prospect of blockchain-based rewards, and it’s easy to see why so many people are salivating at the prospect of head-to-head matchups against dangerous human opponents. So you fancy yourself as a shooter who’s able to take on the creme de…
In recent developments captured by Spotonchain, a leading on-chain analytics platform, the Ethereum Foundation has continued its series of significant ETH sales, converting another 100 ETH into 343,934 DAI earlier today. This transaction, reported roughly 20 minutes ago from Spotonchain report, adds to a pattern observed since January 2024, where the foundation has cumulatively sold 2,266 ETH, equivalent to approximately $6.56 million in DAI. The continuous liquidation of Ethereum’s native currency into a stablecoin like DAI, particularly at a consistent rate, prompts a deeper dive into the possible strategies or necessities driving these decisions. 20 minutes ago, the Ethereum Foundation…
Key Points: Keith Gill owns a 6.6% stake in Chewy. Gill’s involvement could draw investor attention to Chewy. A lawsuit against Gill for his social media posts is predicted to fail. Roaring Kitty buys Chewy stake, owning 9,001,000 shares, or 6.6%. This may draw investor attention like the GameStop saga. Keith Gill, known to most as Roaring Kitty from the GameStop saga, has disclosed a 6.6% stake in Chewy, the online retailer of pet products. Roaring Kitty Buys Chewy Shares (6.6%): The Next GameStop Saga? Roaring Kitty Buys Chewy: A Significant Stake Disclosure In a Schedule 13G filed with the…
The native token of the world’s largest cryptocurrency exchange has somewhat been on the sidelines during the 2024 bull run, but has finally managed to emerge as a top performer by soaring past $700 and tapping a new all-time high. Its market cap has gone on a tear as well, exceeding $100 billion and surpassing companies like UBS, Dell, Starbucks and others. Binance has been in a legal spat in several jurisdictions, with the most recent and active one against Nigerian authorities. Local company execs were detained while the company is trying to free them, which is not going well…
The Basel Committee approved a disclosure framework for banks’ exposure to crypto. The framework will be published later this month and will need to be implemented by 2026. The Basel Committee on Banking Supervision approved a disclosure framework for banks’ exposure to crypto that must be implemented by the start of 2026 as the world’s central banks look to support market discipline and ensure sufficient information is available to evaluate risks. The committee, part of the Bank for International Settlements, will publish details later this month, it said in a Wednesday press release. It is the primary global standard setter…
The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant to boost Polkadot’s gaming sector. According to a July 3 statement, Dot Play is tasked with creating a comprehensive platform for game developers using Polkadot’s advanced technology. The project will focus on high-growth gaming genres by building essential integration tools and offering sustainable business support within the Polkadot ecosystem. Dot Play will provide a gaming portal to onboard new developers and support various initiatives, including the Indy 500 Polkadot Car sponsorship. Additionally, Dot Play will offer technical integration to guide projects by evaluating their Game Design Documents (GDD). This…
Ethereum (ETH) whales appear to be igniting a potential sell-off today, as nearly $70 million worth of the cryptocurrency was transferred to Binance, one of the world’s largest cryptocurrency exchanges. This movement has sparked concerns among ETH traders about a possible market downturn. Whale Alert, a prominent blockchain tracking service, reported two big transactions early this morning. The first tweet revealed that 9,999 ETH, worth around $34.3 million, were transferred from an unknown wallet to Binance. Shortly thereafter, Whale Alert tweeted again to disclose that another 7,413 ETH, worth around $25.4 million, were transferred from an unknown wallet to Binance.…
WoV Labs partners with SNOB Non Per Tutti to introduce tokenization in publishing. VeChain’s technology powers innovative digital experiences for magazine readers. According to Today’s Gateway to Tokenization, WoV Labs and the esteemed Italian magazine SNOB Non Per Tutti are revolutionizing the intersection of technology and publishing. Their collaboration sets a new benchmark for the integration of digital innovation within traditional media sectors. Innovative Phygital Features WoV Labs has revealed an exciting partnership with SNOB Non Per Tutti, a publication celebrated for its in-depth coverage of art, fashion, and luxury. Renowned for its cultural journalism, SNOB Non Per Tutti is…
The proposal distinguishes between decentralized crypto-assets and centrally issued ones like USD Coin, subject to specific regulations. The project establishes governance mechanisms and licenses for digital assets, reflecting international standards and FATF recommendations. The ONG Bitcoin Argentina is advocating for a legal framework that defines cryptocurrencies as digital assets, proposing regulations that facilitate operations within the industry. In response to regulatory changes this year, particularly under President Javier Milei’s administration, which introduced stricter controls, the ONG Bitcoin Argentina unveiled a draft law aimed at providing clarity and security for cryptocurrency users and businesses. The initiative comes amidst calls from industry…