Author: NBTC
The Enterprise Ethereum Alliance (EEA) is the oldest nonprofit organization that advocates for a neutral voice for the Ethereum ecosystem. Its mission is to bring together the community, developers, and businesses in order to create a decentralized future. We are thrilled to announce that COTI has joined the EEA. The Ethereum Foundation, Microsoft, EY, JPMorgan Chase, Accenture, Razorfish, Santander, ConsenSys, Chainlink, Hacken, and Circle are just some of the companies that are members of the Enterprise Ethereum Alliance (EEA), along with a large number of additional companies. By demonstrating its experience in Web3 privacy, COTI has shown its dedication to…
He Yi, the co-founder of Binance, in a recent podcast held by Binance Space disclosed that the cryptocurrency exchange with their internal audit team conducted more than 120 investigations in the last two years, which resulted in firing of over 60 employees for non-compliance and recovered $30 million in illicit gains. Wu Blockchain reports Binance conducting internal audits Strengthening Internal Controls The exchange has also hired two U.S. law enforcement coordinators that ensure that Binance is in compliance with law and regulations, such as the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. After $30 million were recovered by…
One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally capitulated and approved the trading of spot bitcoin exchange traded funds (ETF) to go live the next day. These ETFs would go on to be the best performing ETFs in history, with BlackRock’s ETF $IBIT leading the charge, taking in over $52 billion inflows alone. I feel like a lot of people are afraid to admit this, or just don’t want to, but the ETFs were the most significant moment in Bitcoin over the course of 2024. Looking back on the year, it feels like everything…
World Liberty Financial, the crypto platform backed by President Donald Trump, has been courting blockchains to take part in “token swap” deals, two sources with knowledge of the matter told Blockworks. Representatives for World Liberty Financial have been approaching blockchain teams with an offer: buy at least $10 million worth of unlaunched WLFI tokens with a 10 percent fee, and World Liberty Financial will buy the same amount of the blockchain’s native token. A message from a World Liberty Financial representative shared with Blockworks said the WLFI tokens would be transferred at a $1.5 billion fully diluted valuation, which is…
The AUTOMATE DeFAI framework supports IOTA EVM, along with major Layer-1 and Layer-2 networks like Arbitrum, Base, Avalanche, and BNB Chain. AUTOMATE emphasizes security in high-stakes DeFi activities, minimizing errors in essential processes like staking, bridging, and swapping. The IOTA Foundation has recently announced that the official DeFAI framework from HeyAnon, for its AUTOMATE TypeScript has finally gone live. This new typescript seeks to boost developer engagement while supporting a thriving and open system in partnership with the IOTA EVM. The official DeFAI framework that includes #IOTA is now live – go check it out! https://t.co/ZU3op5upTD — IOTA (@iota) January…
Crypto exchange Coinbase (COIN) became the largest crypto exchange to operate in the U.K. after securing a spot on the register of the Financial Conduct Authority (FCA), allowing it to offer crypto services in the country for the first time. “It opens up new channels and opens up the ability to launch new products and services,” Keith Grose, Coinbase’s U.K. CEO, said in an interview. Coinbase has spent the last six months working towards Monday’s approval, said Grose. By becoming a registered firm, Coinbase can offer both crypto and cashfor investors and traders in the U.K. Gaining a spot on…
Ethan Peck, an employee at the National Center for Public Policy Research, has submitted a Bitcoin Treasury Shareholder Proposal to Meta on behalf of his family’s shares. National Center Bitcoin proposal As shared by Tim Jotzman, a consulting businessman and Bitcoin advocate, the initiative was highlighted in a post on X. The National Center, a Washington-based think tank, has been actively urging corporations to consider Bitcoin as a hedge against inflation and economic uncertainties. In December 2024, its Free Enterprise Project presented a proposal at Microsoft’s annual shareholder meeting, requesting the company to evaluate Bitcoin’s potential as a treasury asset.…
Main Takeaways Jumping into decentralized finance (DeFi) can feel like diving into the deep end without a life vest. If you’ve ever stared blankly at terms like staking, slippage, or gas fees, wondering how to even begin, you’re not alone. The unfamiliar jargon, intricate mechanics, and seemingly endless steps needed to execute transactions can make even the most tech-savvy newcomer’s head spin. While decentralized finance holds incredible potential, its inherent complexity often creates a steep learning curve. That’s where DeFAI — the powerful fusion of DeFi and AI — steps in. By simplifying on-chain interactions, DeFAI promises to lower these…
The Ripple-affiliated XRP cryptocurrency has just hit new record highs on various spot cryptocurrency exchanges. It took the controversial token seven years to finally surpass the seemingly unbeatable all-time high that was recorded at the height of the crypto frenzy in early 2018. Back then, CNBC infamously aired a live click-by-click tutorial on how to “buy Ripple” on the Poloniex exchange. XRP went on to experience an extremely brutal 91% correction in 2018. It then came close to dropping out of the CoinMarketCap top 10 in late 2020 after Ripple got sued by the SEC. However, XRP ended up emerging…
Jordan has approved an initiative to establish a comprehensive regulatory framework for digital assets within a year. Jordan Securities Commission to Create Rules for Global Trading Platforms The Jordanian government has approved an initiative to establish a comprehensive regulatory framework for digital assets within a year. This framework would align Jordan’s regulations with global standards and foster a robust digital economy. Jordanian Prime Minister Jafar Hassan reportedly chaired the meeting that mandated the government to launch the framework. According to a statement, the government directed the Jordan Securities Commission (JSC) to stipulate requirements for entities engaging in virtual assets. The…