Author: NBTC
VeChain is strengthening its sustainability initiatives through projects like LETST0P, Greencart, and the SolarWise NFT collection. Despite volatile crypto markets, VeChain’s native token, VET, remains steady, trading at $0.03559 as of February 5. VeChain’s ecosystem is seeing a lot of growth, with various projects and upgrades that are fueling adoption and engagement. Recent developments include VeBetterDAO, the VeChain Renaissance Roadmap, and the much-awaited VeWorld Super App. The network is also expanding, as it now has more than five million unique wallet addresses. VeBetterDAO Improving Usability For VeChain Ecosystem The VeBetterDAO initiative has been gaining more momentum, working towards simplifying application…
If you’ve spent more than five minutes on Crypto Twitter (X) lately, you’ll have likely seen the name Paul Atkins everywhere. The former SEC Commissioner is now officially the new SEC Chair nominee. With his pro-innovation, low-regulation stance, is this the bullish pivot we’ve been waiting for? Here’s what to know. In this guide: Who is Paul Atkins? Why is Paul Atkins trending in crypto circles? What would a Paul Atkins-Led SEC mean for crypto? What’s next for a Paul Atkins-led SEC? Who is Paul Atkins? Paul Atkins isn’t some random suit who popped out of nowhere. He’s a seasoned…
OKX, one of the world’s leading cryptocurrency exchanges, has appointed Linda Lacewell as its new Chief Legal Officer (CLO). This decision aligns with the company’s strategy to accelerate its global expansion. This appointment replaces Mauricio Beugelmans and strengthens OKX’s commitment to improving its legal presence and regulatory compliance in key markets, including Europe and the United Arab Emirates (UAE). OKX Names Linda Lacewell as Its New CLO Linda Lacewell joined OKX’s board in 2024. She previously served as Superintendent of the New York Department of Financial Services (NYDFS), where she modernized the cryptocurrency licensing framework and led groundbreaking initiatives in…
Canadian Bitcoin mining company Bitfarms secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its data center development. Bitfarms has reached an initial agreement for a private debt facility of up to $300 million from Macquarie Equipment Capital to support its Panther Creek data center project in Pennsylvania. In an April 2 press release, the Canadian crypto mining company said that the first tranche of the loan is $50 million, with the rest available if the company “achieves specific development milestones.” Bitfarms CEO Ben Gagnon says the partnership with Macquarie is the beginning…
China uses computing to guard against breaches involving sensitive credit information. To boost security, blockchain technology will track and secure China’s credit information. China’s regulatory frameworks ensure national standards for encryption technologies. The Chinese government has integrated privacy computing and blockchain technology to strengthen the security of credit information sharing. At a press conference on Wednesday, Li Chunlin, Deputy Director of the National Development and Reform Commission, revealed the plans, stating that the move would reduce the risk of information leakage and enhance data protection. Privacy Computing for Enhanced Security At the core of this strategy is the use of…
Bitcoin Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten
The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often trigger continued selling and more downward price pressure. Historically, this metric has served as a strong support level for bitcoin. Busting below this support, however, does not necessarily indicate a bear market or sustained declines, as bitcoin historically reclaims this price level quickly. In 2024, for example, bitcoin repeatedly tested its average…
TL;DR Lido DAO has strengthened its governance system with extended two-phase voting periods, an emergency mechanism called GateSeal, and a structure of expert committees for technical and financial decision-making. These enhancements aim to boost participation, reduce risk, and ensure transparent, decentralized governance. As the community grows and challenges intensify, Lido commits to solid and adaptable governance in the evolving crypto ecosystem. As DeFi protocols like Lido DAO expand in size and influence, so do their responsibilities. Managing millions in assets demands not just decentralization but also robust security, operational efficiency, and full transparency. In this context, Lido DAO has taken…
Non-fungible tokens (NFTs) may be well off their frothy heights, but don’t tell that to Jupiter. Solana’s top DeFi exchange just brought digital collectibles platform DRiP Haus into its orbit. The acquisition is part of Jupiter’s push to become what Jupiter’s Kash Dhanda calls the “Solana super app:” a home not only for traders of financial instruments like swaps and perps, but for digital culture connoisseurs too. “We don’t believe it,” Dhanda said of the NFT doomsayers. “We think NFTs are here for the long term.” Built from the bricks of the short-lived Solana store, DRiP Haus survived the NFT…
Testnets are crucial for developers to safely test smart contracts, wallets, and decentralized applications (dApps) without risking real funds. By replicating real blockchain conditions, testnets enable developers to debug and fine-tune their projects in a controlled environment. To interact with the Sui testnet, you’ll need testnet tokens, which are used to pay for transactions and simulate real-world operations. These tokens have no monetary value and can be easily obtained through faucets – tools that provide free testnet tokens for development purposes. In this guide, we’ll explain how to get free SUI testnet tokens, allowing you to test smart contracts and…
FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said Wednesday that it was “completely solvent.” FDUSD has dropped to 0.87 against Tether’s USDT stablecoin and 0.76 against Circle’s USDC on Binance, the main exchange where FDUSD is listed. The token has stabilized around $0.98 later, still trading below its supposed price anchor. The sudden price action happened as CoinDesk earlier Wednesday reported that some of the TrueUSD stablecoin’s reserve assets were stuck in illiquid investments, according to filings. Tron founder Justin Sun…