Author: NBTC
Band Protocol integrates with Celo Alfajores L2 to enhance DeFi applications with accurate decentralized price data and security. Developers on Celo L2 gain real-time, cross-chain price feeds from Band Protocol, empowering dApps like DeFi, GameFi, and NFTs. Band Protocol has announced its integration with Celo Alfajores Layer 2 (L2), which represents a big step forward in decentralized finance (DeFi). Combining Celo’s goal of worldwide financial inclusion with Band Protocol’s demonstrated knowledge of decentralized Oracle solutions marks significant progress in this regard. Developers now have access to improved data accuracy and security by including Band Price Oracle into Celo’s ecosystem, therefore…
Leading crypto exchange, Crypto.com, has appointed Mohammed Al Hakim as President of its United Arab Emirates (UAE) operations, as learned by Finbold on Wednesday, December 18. The move comes as Crypto.com highlights the importance of regional growth and diversity and marks the first time an Emirati and Gulf Cooperation Council (GCC) national assumed this role within the broader cryptocurrency industry. https://t.co/vCNztATkNg is proud to announce Mohammed Al-Hakim as President of its UAE operations, underscoring the company’s commitment to regional growth and talent. Al Hakim brings extensive expertise in business development, strategic partnerships, and financial innovation.… pic.twitter.com/gKHSCLtvL9 — Crypto.com (@cryptocom) December…
As Bitcoin breaks a new record by exceeding $100,000 for the first time in history, it is wondered whether Donald Trump will stand behind his promise of a strategic BTC reserve for the United States. At this point, while Trump’s strategic Bitcoin reserve promise is supported by many, former New York FED President Bill Dudley said that if the US included Bitcoin in its national reserves, it could harm the interests of the public and change the dollar’s status as the global reserve currency. According to Bloomberg, the former NY Fed chairman argued that the Bitcoin reserve would not benefit…
OpenSea is in the spotlight after registering the OpenSea Foundation in the Cayman Islands on August 20, 2024. This move has fueled discussion in the NFT and crypto communities, as many think the platform may be preparing for a token launch or airdrop. This development comes as OpenSea faces stiff competition from rivals like Blur and MagicEden, which already have their own tokens. Rumors of Token and Airdrop The registration of the OpenSea Foundation in the Cayman Islands has some concerned. Industry figures, including Mike Dudas, founder of 6th Man Ventures, suggest this may be part of a move to…
BabyDoge’s official X page posted a thread, where several Tier 1 exchanges which include Crypto.com, Kraken and Coinbase have interacted with the memecoin on the social media platform but have not yet listed the memecoin. The community has been filled with excitement and have has been asking the same question time and again: “When listing?” A thread of tier 1 exchanges interacting with BabyDoge that haven’t listed BabyDoge yet ⬇️🧵 — Baby Doge (@BabyDogeCoin) December 18, 2024 Major Exchanges Spark Optimism Since the applications have been made to Tier 1 exchanges which include Crypto.com, Kraken and Coinbase and acknowledgement has…
Meru launches a blockchain wallet in Bolivia, enabling seamless integration with Visa, Mastercard, and MoneyGram for users. The wallet offers self-custody and DeFi-based returns, targeting freelancers in Argentina, Chile, Peru, and Colombia. Cryptocurrency transactions in Bolivia surpassed $75 million, with virtual asset trading increasing by 112% in four months. Meru Launches Blockchain Wallet in Bolivia, Connecting Digital and Traditional Financial Services Meru, a neobank founded by Colombian and Venezuelan entrepreneurs, has introduced its blockchain wallet in Bolivia. This wallet connects decentralized finance (DeFi) tools with conventional financial services such as Visa, Mastercard, and MoneyGram. The platform operates on Stellar’s blockchain,…
Bitcoin price has performed well this week, crossing the important milestone of $100,000 and peaking at $104,000. Bitcoin (BTC) surge occured as data indicated continued investor appetite for the digital currency, even at a six-digit price. Notably, data from SoSoValue shows that spot Bitcoin exchange-traded funds saw a net inflow of over $33 billion. These funds now hold a record $109 billion in assets after six consecutive days of positive inflows. Analysts are optimistic that the coin will continue doing well in the next few years. In separate notes, analysts from Standard Chartered and BitWise predicted that the coin will…
Ripple CTO David Schwartz has responded to a conversation about Automated Market Maker (AMM) liquidity, addressing an important aspect of liquidity provider (LP) tokens. The conversation on X concerned the dynamics of LP tokens and their implications for liquidity pools. The discussion on X sought to clarify the implications of locking LP tokens in blackholed accounts and if this means burning them. X users argued whether burning these tokens would distribute the value to the other LP token holders. An X user believes that locking in this manner also locks the fees that accrue to them. Senior Software Engineer at…
Dubai — Bybit has launched its exclusive Private Wealth Management (PWM) service, designed specifically for high-net-worth individuals and institutional clients. With the increasing importance of digital assets in global financial markets, this service aims to offer tailored financial solutions that empower clients to navigate the complexities of today’s investment landscape.—As financial markets evolve and become more intricate, high-net-worth investors are seeking premium wealth management services that offer sophisticated tools for risk management, asset allocation, and growth opportunities. Digital assets have emerged as one of the most attractive asset classes, offering vast potential for diversification and substantial returns. Bybit’s PWM service…
HeLa Space, an innovative platform in the blockchain industry, has announced a thrilling partnership with LéPoker. The collaboration targets to increase social gaming opportunities and encourage entertainment and engagement for a worldwide audience. The platform disclosed this development on social media. We’re excited to announce our newest collaboration with @LePokerGame!LéPoker is a free social platform that delivers a world-class poker experience to players globally. Get ready to shuffle, deal, and win with LéPoker—where the game gets social and the stakes are always… pic.twitter.com/7FwVzuVEk6 — HeLa Space 🍀 (@HeLa_Labs) December 16, 2024 HeLa Space and LéPoker Collaborate to Enhance Poker with…