Author: NBTC
In 2024, the Cardano (ADA) ecosystem has seen remarkable growth in its smart contract capabilities, with Plutus V2 contracts taking center stage. At the start of the year on January 1, there were 8,083 Plutus V2 scripts. Fast forward to September 18, and that number has skyrocketed to 80,437—an increase of 72,354 contracts. While the growth of Plutus V2 has been headline-grabbing, Plutus V1 scripts also saw steady development. Starting the year with 6,296 contracts, the number of V1 scripts reached 6,711 by mid-September, marking an additional 415 scripts. Although more modest, this increase reflects the enduring role of earlier…
Singapore has consistently positioned itself as a forward-thinking jurisdiction, balancing innovation with robust regulatory oversight. As a fellow Singaporean, I am very proud of its future planning. The Monetary Authority of Singapore (MAS) is seeking submissions for the Consultation Paper on the proposed regulatory approach for Digital Token Service Providers (DTSPs) under the Financial Services and Markets Act 2022. Instead of replying to the submission directly, I will try to share my point of view openly here, offering insights, potential plans, and timelines for implementation. Before I start, I am sharing this in my personal capacity: I do not represent…
OKX, a cryptocurrency exchange and onchain technology company, announced today that it has selected Standard Chartered as a third-party crypto custodian for its global institutional business. Standard Chartered provides cross-border financial services connecting various markets worldwide. The agreement adds to OKX’s services for institutional clients, which include advanced trading tools, risk management resources, and secure custody options. OKX plans to leverage Standard Chartered’s global banking experience and risk management practices to expand its custody offerings for institutional investors. “We are committed to offering custodial services that meet the highest standards of safety and compliance,” Standard Chartered Global Head of Financing…
Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A crypto analyst has predicted that Bitcoin could witness an even steeper drop to $50,000 if its price does not hold this key support level. Bitcoin Risks $50,000 Drop If Support Fails Elja Boom, a crypto analyst took to X (formerly Twitter) on September 5 to discuss the current price trends and market movements of Bitcoin. Boom shared a price chart offering key insights into Bitcoin’s future outlook, indicating that the cryptocurrency’s short term uptrend has likely ended.…
Among today’s news, there is the new entry of the Cardano Foundation into Intersect, a member-based organization that supports the distributed governance of the Cardano blockchain. This move aims to mark a significant milestone for the decentralized future of Charles Hoskinson’s network, promoting community-driven governance. Cardano Blockchain News: the entry of the Foundation at Intersect and community governance Cardano Blockchain News: the future of decentralization in community governance The launch of Kinka Gold (XNK): the token guaranteed by gold Cardano Blockchain News: the entry of the Foundation at Intersect and community governance The Fondazione Cardano has announced its membership in…
Politicians in Austria and Georgia did not put a particular focus on crypto to sway voters in their elections, unlike the emphasis seen in Japan. Georgia saw its ruling party the Georgian Dream Party get the most votes, and Austria’s far right Freedom party won in that nation’s parliamentary election. In many other countries around the world, political parties chose to make their approach to crypto clear before elections commenced. Political leaders in Austria, like other European Union nations, did not tap into the global crypto policy debate to sway voters during its recent election. In the run up to…
CARV and OMNI Network (OMNI) will be officially listed on the KRW trading market today, increasing the availability of these digital assets in South Korea. CARV (CARV) Listing Details Market: KRW Network: BASE (Deposits via other networks are not supported) Deposit/Withdrawal: Opens within 2 hours after announcement Transaction Start Time: October 29, 2024, 17:00 Initial Reference Price: 1,068 KRW Deposit Confirmation Requirement: 200 confirmations About CARV: CARV is a modular data layer protocol designed to facilitate data exchange and value distribution, particularly in the gaming and AI sectors. It enables individuals to own, control, validate and monetize their data across…
Bitcoin’s costs could drop to $47K preceding recovery. A top analyst suggests waiting for Bitcoin to reclaim $64K prior to buying. Bitcoin shows changeability with mixed market sentiment and lower trading volumes. The token’s is currently sitting at $56,774.79, marking a slight increase of 0.24% over the past day. This comes as the digital assets trade shows mixed signs of activity, with a total market capitalisation of $1.12 trillion, up by 0.27%. The 24-hour dealings volume for BTC stands at $31.6 billion, a decrease of 3.22%. This volume represents 2.81% of Bitcoin’s total market capitalization. With a circulating supply of…
Mysterious SHIB lead Shytoshi Kusama has published a tweet, which triggered excitement among the Shiba Inu community. The photo that comes with the tweets features a figure wearing one mask, with another one, of a different color, lying near his lap. Did Shytoshi Kusama attend TOKEN2049? This white mask resembles the one worn by Shytoshi Kusama when he made public appearances in Japan and India earlier this year as part of his “meet and greet” tour. This time, Kusama accompanied his tweet with a #token2049 hashtag, which suggests that the enigmatic SHIB leader attended the popular blockchain event in Singapore.…
A 25-year-old Japanese man was sentenced to three years in prison last Friday for creating crypto-extorting ransomware using generative AI. Last year, Ryuki Hayashi created code capable of targeting and encrypting data from other devices and issuing crypto ransoms. He was able to do this by repeatedly rephrasing his prompts so that he could bypass generative AI safety parameters. Hayashi, who was reportedly unemployed at the time, told Kyodo News that he created the ransomware code in under six hours. Read more: Did ‘AI’ Truth Terminal just pump and dump a coin named $RUSSELL? When arrested this year by Japan’s…