Author: NBTC
Nvidia has pumped $25 million into China’s self-driving startup WeRide, which of course is a huge change in its investment focus after cutting its stake in British chipmaker Arm Holdings. According to a 13F regulatory report filed on Jan. 31, the AI giant now owns 1.7 million shares of WeRide. The announcement sent WeRide’s stock surging over 90% in premarket trading. The Guangzhou-based WeRide, which specializes in robotaxis, autonomous minibuses, and freight sanitation vehicles, has been expanding its reach in the self-driving space. Founded in Silicon Valley in 2017, the company later incorporated in the Cayman Islands before launching China’s…
Ripple is adopting Chainlink’s standard to provide reliable pricing data for its RLUSD stablecoin, aiming to enhance its utility across decentralized finance applications, according to a statement shared by the team on Dec. 7. The integration comes after RLUSD’s launch last December, following regulatory approval from the New York Department of Financial Services. The USD-backed stablecoin has reached a market cap of about $72 million according to CoinGecko, and is available on exchanges including Uphold, Bitso, MoonPay, Archax, and CoinMENA. To be effectively used in DeFi applications, stablecoins need reliable on-chain price data. Ripple has selected Chainlink Price Feeds as…
World is pausing its operations in Brazil after an appeal to continue collecting citizens’ biometric data failed. The national watchdog ordered the project to cease exchanging crypto for this data, and World will need to pause its operations in order to adapt to this decision. World Pauses Operations in Brazil to Adapt to National Data Watchdog Decision World, the proof-of-personhood protocol that seeks to validate the humanity of its participants using biometric data, is facing difficulties derived from its business model in Brazil. The project lost an appeal directed to the National Data Protection Agency (ANDP), asking for a delay…
The staking ecosystem is growing rapidly, with rising institutional interest and potential regulatory oversight. Everstake, a blockchain validator, secures over 80 cryptocurrencies and supports some of the industry’s leading networks. In an exclusive interview, Sergey Vasylchuk, Everstake CEO discussed the platform’s origins, the challenges of staking, regulatory developments, and the role of governance in blockchain ecosystems. Balancing Growth, Security, and Risk Management Everstake’s journey began as an experimental project while Vasylchuk was building a cryptocurrency exchange. As a software developer with a background in payments and banking, he was focused on making blockchain technology faster and more practical for financial…
Bitcoin (BTC) climbed 3% over the past 24 hours to a monthly high of $97,822 after trading below the $95,000 level for well over a week, according to CryptoSlate data. As of press time, the flagship crypto was trading at $97,029. The recovery movement comes despite old whales continuing to realize profits, which has led to significant sell pressure in recent weeks, as highlighted by CryptoQuant CEO and founder Ki Young Ju. Ki explained that over-the-counter trading desks register a high volume of negotiations while exchange deposits rise. These are common signs of short-term negative price variations. However, he believes…
Some of the largest U.S. banks are moving into the crypto space, taking advantage of regulatory ease under President Donald Trump to expand their digital asset services. While full-scale crypto trading remains a challenge due to regulatory hurdles, digital asset custody services are emerging as a primary focus for institutional investors. According to The Information’s crypto reporter Yueqi Yang, banks like State Street, BNY Mellon, and Citigroup are actively working to establish or expand crypto custody operations. State Street, a major player in the traditional asset custody space, is set to launch digital asset custody services next year. BNY Mellon,…
The crypto realm has recorded another noteworthy development with a substantial spike in $ZAI token’s price during the initial phases after launch. As per Lookonchain, the newly released $ZAI token rose above the $30M mark in market capitalization within only a few hours following its debut, grasping the attention of the crypto community. The token $ZAI was born out of the beef between @Clarissexx0805 and @SolvProtocol.Its market cap soared past $30M less than 4 hours after launch.A whale with $3.6M assets also purchased 1.31M $ZAI($39K).https://t.co/2CUS5Y3dfr pic.twitter.com/JdshYYZ3Je — Lookonchain (@lookonchain) January 6, 2025 Built from the beef between Solv Protocol and…
Robinhood CEO Vlad Tenev said the crypto-friendly environment gaining shape in the US would be a “tailwind” for the firm’s business due to the benefits stablecoins and tokenization offer compared to the traditional financial system. During an interview with Bloomberg TV, Tenev praised the “innovation-friendly regime,” which would boost Robinhood’s traditional and crypto businesses and other key areas of the trading platform. He added: “It’s great to see an innovation-friendly that is coming in that believes that the US needs to be number one in business and innovation. I think that will be good not just for Robinhood but for…
GT Protocol, an AI execution platform for Web3, has announced an exclusive partnership with DeepLink Global, a decentralized cloud gaming platform leveraging AI technology. The collaboration aims to advance the overall cloud gaming sector. In this respect, it merges the resilient blockchain infrastructure of GT Protocol with the state-of-the-art AI-led cloud gaming functionality of DeepLink. 🔥 GT Protocol x DeepLink Partnership! 🤝We’re thrilled to partner with @DeepLinkGlobal, a decentralized cloud gaming protocol powered by AI and blockchain technology. Deeplink’s ultra-low latency rendering and AI-driven enhancements redefine cloud gaming, esports, and… pic.twitter.com/DgHMW5jGWd — GT Protocol (@GT_Protocol) February 14, 2025 The partnership…
Bitcoin price is recovering losses above the $95,000 zone. BTC is gaining pace and might continue higher if it clears the $98,000 resistance zone. Bitcoin started a fresh recovery above the $95,500 zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $95,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Recovers Further Bitcoin price started a decent upward move above the $93,200 resistance zone.…