Author: NBTC
Activity on the XRP Ledger, a decentralized public blockchain designed for quick, cost-effective real-time transfer of XRP, fiat currencies and other digital assets, has slowed considerably since the first quarter. The number of payment transactions, representing the transfer of value from one account to another, dropped to 320,747 at press time, the lowest since October and significantly down from the average of over 1 million observed through March, April, and early May, according to data source XRPScan. XRP Ledger payments. (XRPScan) The number of active addresses also fell under 10,000, also the lowest since October. Meanwhile, the number of XRP…
SpaceM has joined forces with hardware wallet provider Tangem to strengthen digital asset security in the Web3 space. The collaboration aims to provide easy-to-use, hardware-delegated defence that offers self-custody and fosters trust in decentralized technologies. With security being one of the outstanding issues in Web3 adoption, this partnership will present a hassle-free method of achieving security over crypto assets without affecting usability. In Web3, decentralization is powerful, but without security, it’s fragile. 🛡️🧵Here’s a thread on how the #SpaceM x @Tangem partnership brings simple, strong protection to your digital assets.#SpaceM #Web3Security #SPACEM pic.twitter.com/drqCmQfX58 — SpaceM 🌐 (@SpaceMworld) June 11, 2025…
The Bitcoin blockchain is based on Proof-of-Work, and not on Proof-of-Stake, so in theory, you cannot do actual staking of BTC. However, the term staking can be used with different meanings, some of which allow the phrase “staking di Bitcoin” to be considered correct. The Proof-of-Stake Staking Bitcoin Staking Stacking Sats How to do staking with Bitcoin The Proof-of-Stake The verb “to stake” in English means “puntare”, to bet, to put at risk. It is therefore a term with a very generic meaning, and not at all technical, which lends itself to multiple uses. However, in the crypto field, it…
The US Department of the Treasury has highlighted the growing role of stablecoins in the Treasury market, specifically Ripple stablecoin RLUSD, USDT, and USDC. Stablecoins are gaining significant attention in the United States, with their superior transactional capabilities compared to traditional financial systems being a major lure. A stablecoin bill, the GENIUS Act, has recently moved to the final approval stage in the US Senate as efforts to create a regulatory framework for the sector, teased to attract trillions of dollars to the US economy, gain momentum. A presentation by the US Treasury Department to the TBAC highlighted the growing…
In the fast-paced world of cryptocurrency, every significant movement of assets can send ripples through the market. Recently, attention has turned to the Solayer ecosystem following a notable crypto transfer. According to insights from the on-chain analytics platform Onchain Lens, a digital wallet identified as being linked to the Solayer team executed a substantial transfer. The transaction involved moving a considerable amount of LAYER token, the native asset of the Solayer protocol, directly to the Binance exchange. Understanding the Solayer LAYER Transfer The specifics of the transfer are quite striking. The wallet associated with the Solayer team moved precisely 4.15…
Connecticut’s HB7082 bill passed both the Senate and the House unanimously. The bill also introduced new requirements for money transmitters within the cryptocurrency industry. The state of Connecticut has passed a law to prohibit the state from investing in Bitcoin (BTC) or in any other virtual currency. The bill dubbed HB7082 and officially titled “An Act Concerning the Regulation of Virtual Currency and State Investments” imposed a comprehensive ban for the state and local governments from investing into crypto assets. The law also introduced new stringent regulations for crypto business within Connecticut’s jurisdiction. Notably, payment applications handling crypto assets in…
Conflux Network, a well-known platform that addresses scalability issues in the blockchains such as Ethereum and Bitcoin, has announced a new collaboration with Xunying Group and Ant Digital Technologies. The partnership aims to introduce China’s earliest RWA project using battery swapping technology to promote green energy. The platform took to its official social media account on X to reveal this development. Introducing China’s First Battery-Swapping RWA ProjectWe partnered with @AntChain and Xunying Group to tokenize real-world green energy infrastructure—starting with 596 battery-swapping stations and 15,000+ lithium batteries across six cities. pic.twitter.com/iQlIj1Pvxe — Conflux Network Official (@Conflux_Network) June 11, 2025 Conflux,…
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) as the flagship crypto asset trades around 7% below the all-time high reached in May. The analyst, pseudonymously known as Pentoshi, tells his 866,300 followers on the social media platform X that the spot Bitcoin exchange-traded fund (ETF) is the “fastest-growing ETF in history.” Pentoshi believes that Bitcoin’s surging adoption will eventually trigger a breakout against gold and “never look back.” “Younger generations will sell their boomer parents’ gold for digital gold. You can always discover more gold, but there will only ever be 21 million Bitcoin.…
21Shares has launched a new HBAR ETP, joining Valour in providing exchange-traded access to Hedera’s native token in Europe. Meanwhile, American investors await the SEC’s decision on the U.S. HBAR ETFs scheduled for June 11. 21Shares just launched a new ETP, offering 100% physically backed exposure to Hedera (HBAR). The 21Shares Hedera ETP allows both institutional and retail investors to access Hedera through traditional brokerage accounts, bypassing the need to interact with crypto-native infrastructure. The ETP, trading under the ticker HDRA, is now listed on Euronext Amsterdam and Euronext Paris. “As more institutions seek secure ways to access digital assets,…
Six elite footballers, including World Cup winners and former Barcelona and Sevilla stars, are facing fraud allegations after a crypto company they promoted vanished with millions in investor funds, leaving thousands holding worthless digital tokens. Barcelona’s Fifth District Court has launched a criminal investigation into a crypto and NFT scheme allegedly fronted by a group of Spanish and Argentine businessmen, with promotional help from the players, according to an El Periodico report. Filed by 12 victims earlier this year, the case accuses Shirtum Europa SLU and its promoters of defrauding investors out of at least $3.4 million (€3 million) through…