Author: NBTC
A team of crypto industry veterans, all formerly with Kraken, has acquired majority ownership in Janover Inc., marking a significant pivot for the company toward decentralized finance. The group includes Joseph Onorati, now Chairman and CEO, and Parker White, appointed Chief Investment Officer and Chief Operating Officer, according to a company release. The new leadership also includes Marco Santori, Kraken’s former Chief Legal Officer, who joins the board alongside Blake Janover, the company’s founder, and William Caragol, who will remain Audit Committee Chair. You might also like: Bank of Englan’s crypto skeptic Andrew Bailey to lead global bank regulator group…
Ripple thinks its newly acquired prime brokerage, Hidden Road, will boost confidence in its tiny stablecoin, RLUSD. The $1.2 billion cash, equity, and XRP token deal is quadruple the value of RLUSD’s market capitalization. Unlike the $1-pegged RLUSD, the value of XRP is supposed to rally in response to positive developments. Unfortunately, XRP has declined in value today since CEO Brad Garlinghouse’s morning announcement of the company’s most expensive acquisition ever. Price of XRP since Brad Garlinghouse’s 8:06am NYC time zone tweet. Read more: PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’ According to Garlinghouse, Hidden Road will…
Binance has released a statement acknowledging the recent price volatility surrounding the MANTRA project’s native token, OM, attributing the move to cross-exchange liquidations and significant changes to the token’s supply structure. Binance Announces OM Token Amid Cross-Exchange Liquidations and Tokenomics Shift The exchange stated risk control measures and ongoing monitoring following sharp price fluctuations in MANTRA’s native token. According to the exchange, its internal analysis shows that the price fluctuations observed over the past 24 hours were largely the result of gradual liquidations across multiple trading platforms. OM experienced sharp price movements that caught the attention of investors and led…
In a bid to increase transparency within the decentralized finance ecosystem, Ether.fi has integrated Chainlink’s Proof of Reserve mechanism into its platform. By employing Chainlink’s PoR, Ether.fi ensures that each unit of eETH is collateralized at a 1:1 ratio with staked ETH, eliminating reliance on centralized custodians. Chainlink has announced that its Proof of Reserve (PoR) has been integrated into the Ethereum mainnet by Ether.fi, a top liquid restaking protocol with over $4 billion total value locked (TVL). By offering on-chain and real-time verification of the 2.4 million restaked ETH (eETH), this integration seeks to increase the transparency level in…
In an unprecedented move, Trump upped the stakes in the ongoing trade war, threatening to raise tariffs on China to 104% while the crypto market remains on edge. After the Chinese retaliation to the latest US tariff push, U.S. President Donald Trump is threatening further measures. On April 7, Trump announced on his social media platform Truth Social that China would face an additional 50% tariff if it didn’t remove countermeasures. Notably, China introduced 34% retaliatory tariffs on all US goods, mirroring the same measure by the United States. Now, Trump has given China an ultimatum to remove its retaliatory…
Polish brokerage giant XTB has strengthened its crypto contracts for differences (CFDs) offerings by reducing spreads by up to 60 per cent and increasing exposure limits from €1 million to €10 million. A Significant Reduction in Spreads While spreads on Bitcoin CFDs have been cut by about 41 per cent, Ethereum CFDs saw the biggest reduction at 60.5 per cent, according to a spread comparison table shared by the broker. XTB also offers CFDs on Ripple, Cardano, and Litecoin, with spreads reduced by 19 per cent, 23 per cent, and 53 per cent, respectively. Chainlink CFDs is another instrument on…
Ethereum leads DeFi with 51.42% TVL dominance, securing $46.135 billion in assets. Solana tops user activity with 3.67M active addresses and $6.815 billion TVL growth. Tron records highest monthly TVL growth among top 5 chains, rising 11.19% in DeFi sector. Ethereum remains the dominant leader in decentralized finance (DeFi), holding more than half of the total value locked (TVL) across all blockchain networks. According to the latest data compiled by DeFiLlama, Ethereum’s share of the DeFi market stands at 51.42%, reflecting its longstanding dominance despite increased competition from emerging blockchains offering faster transaction speeds and lower fees. The TVL metric…
US President Donald Trump has made it clear that he is not considering suspending any tariffs at this time, as international markets react sharply to conflicting signals from the White House. Despite global concerns about the impact of ongoing trade tensions, Trump reiterated his administration’s tough stance on tariffs, suggesting they could be permanent even though negotiations are still on the table. “We will reach a fair agreement with all countries,” Trump said at a press briefing, adding: “Trade with the EU must be fair and reciprocal, and the EU will have to buy energy from us.” Trump also noted…
PayProtocol, the company behind Paycoin, has revealed plans to launch its own Mastercard-powered debit card on Apr. 30. According to an Apr.14 announcement posted on the company’s Medium page, the card will allow users to top up with crypto and spend at Mastercard merchants globally. The card will be created in partnership with Swiss neobank SR Saphirstein AG and will support Paycoin’s token PCI, Ethereum (ETH), and USD Coin (USDC). With a monthly top-up limit of 1,000 Swiss Francs, Paycoin Mastercard can be used for online and offline payments and is compatible with Apple Pay and Google Pay. The card’s…
A couple of weeks ago, a report was published revealing that over the last decade, the use of renewable energy for Bitcoin mining has practically doubled. This has also led to a collapse in the use of electricity produced from fossil sources such as coal. The report on Bitcoin mining MiCA Crypto Alliance Nodiens The report on Bitcoin mining The report, titled “Mining the Future: Bitcoin’s Renewable Energy Footprint and the Path to 2030“, was published by MiCA Crypto Alliance, and was created in collaboration with Nodiens. This is a 19-page PDF that analyzes the environmental impact of the energy…