Author: NBTC
VanEck will drop the management fee for its spot bitcoin ETF, HODL, until March 31, 2025. Previously, it had charged a 0.2% fee, which is below that of its competitors. VanEck will temporarily cut the management fee to zero for its spot bitcoin exchange-traded fund (ETF), HODL, as its assets are well below some of its competitors. The asset manager said it will drop the fee until March 31, 2025, unless the fund reaches $1.5 billion in assets before that date, VanEck noted in a post on social media platform X. HODL previously charged investors a fee of 0.2%, which…
Prominent pro-XRP crypto exchange Bitrue has asked crypto enthusiasts to choose between investing $1 million in XRP or buying a Tesla. In a recent post on X, Bitrue sought the crypto community’s view about their best choice should they somehow make $1 million from XRP. Specifically, the exchange asked if investors would prefer procuring more XRP with their newfound $1 million or simply walk away with the profit and acquire an electric car from the Elon Musk-led automobile company Tesla. “You just made $1 million from XRP. Do you buy more XRP or a Tesla,” Bitrue curiously inquired. You just…
Portal, a next-generation gaming forum, has recently announced a development for the stakers. The platform has asserted that it has obtained access to the launch of an exclusive sale in partnership with Somo (a web3 platform that offers in-game transactions). The company disclosed that the stakers on Portal can utilize the Portal Launchpad to participate in the event. Portal has secured access to the hottest launch of the year: $SOMO.In 24hrs, $PORTAL stakers will receive guaranteed access to the sale, as well as larger tickets. Only via https://t.co/ovaX7HJPgQ.This is a benefit exclusive to Portal stakers. How to access the sale:…
Looking for a chill way to stack some satoshis while killing time? One of the best casual crypto games we’ve played so far is Bitcoin Sudoku, one of many such mobile games from Bling Financial that lets you earn points while you play—and you can then convert those points to Bitcoin or Ethereum. Bitcoin Sudoku, available on both iOS and Android, is built similarly to other Bling games like Sweet Bitcoin, Word Breeze, and Ethereum Blast. It’s a simple take on a familiar, free-to-play mobile puzzle game premise, albeit packed with unskippable video ads between play sessions. But sudoku is,…
DWF Labs, one of the important market makers in the cryptocurrency market and attracting attention with its investments, continues its altcoin purchases and new investments. At this point, popular market maker DWF Labs reinvested in CRV. According to Spot on Chain’s post, DWF Labs purchased CRV again. Accordingly, DWF Labs transferred 500K USDT to Michael Egorov (Curve founder). Michael Egorov also exchanged his entire 500K USDT for 826,764 CRV at $0.605. Slowly reacting to this news, the CRV price experienced a small rise. “Looks like DWF Labs has purchased CRV again! DWF Labs (0x53c) transferred 500K USDT to Michael Egorov…
Monica Long, the president of Ripple, recently revealed that the company itself does not have any On-Demand Liquidity (ODL) partners. This disclosure came in Ripple’s latest filing, which sought to oppose the SEC’s motion for remedies and entry for final judgment. The Ripple president was one of the executives who testified to support the company’s opposition to the SEC’s request for approximately $2 billion in fines. Long’s testimony held significant weight due to her eleven-year involvement with Ripple and her current oversight of the company’s Compliance and Risk Management Committee. In particular, Long’s current role as president grants her familiarity…
The firm aims to create a model of collective ownership using blockchain technology. Real-world asset (RWA) tokenization platform 10101.art made its official launch at Dubai’s Ritz-Carlton offering pre-sale access to the attendants to Banksy and Warhol originals. The idea behind the project is to digitally divide famous art pieces and sell them as tokens, creating collective ownership using blockchain. “We believe it’s time for a more welcoming approach to art ownership. 10101.art is using technology and collaboration to create a more enriching experience for everyone,” stated Alina Krot, CEO of 10101.art. “This event marks a significant step in that journey,…
Bitcoin’s recent all-time high is reportedly generating approximately 1,500 ‘millionaire wallets’ each day. The public nature of Bitcoin’s network allows for visibility into the number of tokens each wallet holds. However, the anonymity of these addresses makes it challenging to identify whether individuals or organizations own them. This year, the original digital currency has climbed by about 70%, driven by enthusiasm for the newly approved Bitcoin ETFs that began trading in January. Despite this impressive growth, the rate of millionaire wallet creation is not as high as in the 2021 bull market, which saw over 4,000 wallets daily reach the…
Fireblocks has released dApp Protection and Transaction Simulation products to help institutional DeFi users avoid suspicious smart contracts, phishing websites, and compromised dApps. The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional. Cryptocurrency custody specialist Fireblocks is helping institutions exploring decentralized finance (DeFi) from interacting with bad actors and falling victim to malicious attacks with new threat detection and smart contract evaluation tools. Fireblocks’ dApp Protection and Transaction Simulation products, which have been in beta testing since December of last year with Galaxy and Flowdesk, are now available to check decentralized applications across…
Artur Kirjakulov, the CEO of XPMarket.com, has argued that new tokens and the expansion of the XRP Ledger (XRPL) effectively benefit XRP value. Recently, the XPMarket CEO observed misconceptions circulating in the XRP community regarding the potential impact of new tokens and the expansion of XRPL’s ecosystem on XRP’s value. Kirjakulov firmly disagreed with the view that a larger XRPL ecosystem would negatively impact XRP. According to him, the development of XRPL’s ecosystem will have a direct positive impact on XRP. He further presented numerical data to counter the misconception. There’s a common misbelief in the #XRP community that new…