Author: NBTC
ELYSIA, a leading real-world asset (RWA) tokenization firm, plans to launch US Treasury Bills (TBILL tokens) on the XRP Ledger blockchain network. The firm wants to bring the best of decentralized finance (DeFi) and traditional finance (TradFi) together through RWA tokenization. In a post on X (formerly Twitter), ELYSIA said that by early next week, users can stake XRP to receive TBILL tokens and earn yield from the underlying asset. This gives the XRP digital asset more utility, which has grown massively in the past few weeks, hitting multi-year highs. Elysia is pleased to introduce our latest tokenized real-world asset:…
The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to Unicoin, signaling its intention to file a lawsuit against the crypto investment firm. This action reflects the agency’s ongoing enforcement stance against cryptocurrency companies under outgoing Chair Gary Gensler, whose tenure ends in January. SEC Accusations and Wells Notice Details Unicoin, a crypto investment company, has become the latest target of a Securities and Exchange Commission (SEC) Wells Notice. Unlike other recipients, Unicoin’s unique structure and offerings differentiate it within the crypto space. The company, founded in 2015, has connections to the investment-themed television series Unicorn Hunters,…
Powerloom, the cutting-edge data layer facilitating onchain applications, has announced a new milestone. With a thrilling 1B new data point, Powerloom has obtained more than 5300 Snapshotter nodes. This indicates a landmark achievement for the platform since its inception in February this year. The Snapshotter nodes regularly record event emissions and state changes along with composing them into real-world datasets. The development significantly assists dApps to provide a matchless user experience while maintaining rapidity and precision. Powerloom Boosting DeFi, NFT, and GameFi Adoption The platform deems a resilient decentralized infrastructure very significant for the mainstream adoption of DeFi, NFTs, and…
Hyperliquid (HYPE) is trending on both social media and Google searches. The project, considered one of the high-profile airdrops for 2024, is now in price discovery mode for its native HYPE token. HYPE continues to gain attention as a potential high-liquidity project. The HYPE token continued its price discovery in December, adding to the social media noise. Hyperliquid has existed as a perpetual futures DEX since May 2023, only gaining more attention as its token generation event and airdrop approached. HYPE traded above $17.90, near its all-time highs, after trading started on December 1, at around $3.31. HYPE has retained…
The crypto industry’s hopes for improved SEC relations under Paul Atkins received a major boost with the introduction of a 90-day plan focusing on clearer regulations, halting unnecessary litigation, and removing outdated rules. The proposal is expected to rebuild trust and encourage innovation. The next three months will be critical for shaping a more balanced regulatory approach under Trump. Recognized as a pro-crypto advocate, the Paul Atkins-led SEC could signal potential regulatory changes and improve crypto relations under the Trump administration. This shift could lead to clearer and more supportive regulations for the crypto industry. In a December 18 statement,…
Every few decades, a new technology emerges that changes everything: the personal computer in the 1980s, the internet in the 1990s, the smartphone in the 2000s. And as AI agents ride a wave of excitement into 2025, and the tech world isn’t asking whether AI agents will similarly reshape our lives — it’s asking how soon. But for all the excitement, the promise of decentralized agents remains unfulfilled. Most so-called agents today are little more than glorified chatbots or copilots, incapable of true autonomy and complex task-handling — not the autopilots real AI agents should be. So, what’s holding back…
In three important and latest partnerships with Axelar, Halborn, and Buidlbox, COTI strengthens its privacy and scalability in Web3. These partnerships are key to COTI’s growth as a privacy-centric platform. Everyone has something to offer in the system and this generates new possibilities for development. COTI Builds Secure and Scalable Layer 2 with Soda Labs, Axelar, and Halborn Partnerships Layer 2 of COTI is developed with Soda Labs, and it uses garbled circuits, a new concept in the industry. It also guarantees the privacy of data and the possibility of using it in different blockchains. Axelar is instrumental in this,…
The US government has finally responded to Sam Bankman-Fried’s (SBF) appeal, stating that the initial conviction and forfeiture order against the former CEO of the bankrupt exchange should be affirmed. In its response, the government countered all the arguments raised in the SBF appeal. The US team, led by the US Attorney for the Southern District of New York, Damian Williams, filed the response on December 13. They noted that the District Court made the right decisions throughout the trial and was not biased against SBF, as the former CEO had claimed. To prove this point, they argued that the…
Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup 360 Energy. The move, made through Halliburton Labs, was highlighted in a report from Blockspace Media. Transforming Stranded Gas into Blockchain Power 360 Energy, also known as 360 Mining, has joined Halliburton Labs’ “collaborative ecosystem” as part of its energy technology accelerator program. Alongside this, Halliburton Labs has also become an equity investor in the company. Blockspace Media was the first to break the story. The Texas-based firm specializes in converting stranded and flared natural gas into power…
ZNS Connect, a decentralized naming system, has announced its latest partnership with Form Network, an L2 SocialFi blockchain. The partnership targets to revolutionize the on-chain interactions by simplifying them with domain names that humans can read. The Web3 platform took to social media to reveal this partnership. 🌟Big News! ZNS Joins Form Network🌟We’re excited to share that ZNS Connect is now the Name Service Provider on @0xForm Network!Form Network, the SocialFi Layer of Ethereum, is redefining the way we interact on-chain, and ZNS is here to make those interactions even simpler… pic.twitter.com/sKil0jKob0 — ZNS CONNECT (@ZNSConnect) December 19, 2024 ZNS…