Author: NBTC
The Cardano Foundation has launched Veridian, an open-source digital identity platform designed to deliver quantum-resistant and globally interoperable identity solutions for individuals and organizations. According to the announcement, Veridian leverages key event receipt infrastructure (KERI), decentralized identifiers (DIDs), and authentic on-chain data bearer (ACDC) credentials to verify identities and authenticate online communications. Alongside the platform, the Cardano Foundation introduced the Veridian Wallet, which allows users to securely manage their credentials, private keys, and identifiers. “We believe that your identity should be yours, secure, authentic, and under your control,” said Thomas A. Mayfield, head of decentralized trust and identity solutions at…
Bitcoin bounced back after President Donald Trump’s tariff threats forced Mexico and Canada to come to the table, but the geopolitical episode weighing on crypto may not be over yet. Though Mexico and Canada reached deals with the U.S., delaying tariffs by 30 days, 10% levies on imported Chinese products still took effect. What’s more, China hit back with tariffs of up to 15% on American products, like natural gas and pickup trucks, per the South China Morning Post. After plummeting as low as $92,900 on Monday, Bitcoin’s price jumped to $102,000 as geopolitical clouds showed signs of abating. Still,…
Less than half of non-U.S. customers of bankrupt cryptocurrency lending firm BlockFi have come forward to claim their assets back with a May 15 deadline looming, the lender said in a blogpost on Wednesday. BlockFi filed for bankruptcy in November of 2022 as contagion from the collapse of FTX spread through the crypto industry. The firm later emerged from bankruptcy and announced a plan in July of 2024 to distribute 100% of the dollar value of customers’ claims at the time of the bankruptcy filing. So far, 97% of U.S. customers have claimed their distributions, while only 43% of non-U.S.…
CNBC’s Mad Money host Jim Cramer ignited speculation in the crypto space on March 29 with an X post stating, “Is SBF the next to see daylight?” His remark triggered widespread debate about the likelihood of former FTX CEO Sam Bankman-Fried (SBF) receiving a presidential pardon, as the cryptocurrency community remains divided over recent clemency decisions by former U.S. President Donald Trump. Speculation about who might be next is growing as the cryptocurrency community is divided over Trump’s pardons. Names like Roger Ver, SBF, and CZ are dividing the prediction markets. Trump’s pardoning spree has led to heightened discussions within…
Bitcoin (BTC) is positioned to benefit in the long term regardless of the outcome of President Donald Trump’s trade policies, according to Bitwise head of alpha strategies Jeff Park. Whether a successful agreement leads to a weaker dollar or an extended trade conflict results in increased monetary stimulus, Park argued that Trump’s economic strategy, including tariffs, could be a long-term positive catalyst for Bitcoin. Over the weekend, Trump introduced 25% tariffs on most imports from Canada and Mexico and 10% tariffs on imports from China. In response, the affected countries announced retaliatory measures, strengthening the US dollar by more than…
Justin Sun becomes the newest crypto magnate added to the Forbes list of the world’s billionaires. Meanwhile, CZ retains his place as the richest crypto billionaire. According to Forbes World’s Billionaires List 2025, Justin Sun has a net worth of $8.5 billion, earning him a spot at number 353. The Tron (TRX) founder recently entered the list this year, even though Arkham Intelligence estimated Justin Sun’s net worth to be around $1.4 billion as of January 2024. With the latest inclusion of Justin Sun, there are a total of sixteen crypto magnates on the list who have managed to accumulate…
Mantra (OM) has seen remarkable growth, rising to $5.30 on Monday. The current price is close to its highest level of $5.92 reached in a year, representing a 40% increase since January. OM has seen a significant surge, which has exceeded 3,300% since the beginning of last year, thus becoming the leader among current cryptocurrencies. Bitcoin (BTC) along with most altcoins recorded a price drop, while OpenMind Capital experienced a rise on the day. The total cryptocurrency market cap has declined by 8% to reach $3.23 trillion. Despite the overall decline, Mantra has continued its rise. The growth is likely…
Crypto advocates scored big as the CFTC scrapped a directive singling out digital asset derivatives, easing scrutiny and marking a sharp split among U.S. regulators. Barriers Drop—CFTC’s Crypto Retreat Sets Stage for Relentless Upside Another win for crypto supporters arrived March 28 when the Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing and Risk (DCR) has withdrawn Staff Advisory No. 23-07, a directive that had previously signaled increased regulatory scrutiny for digital asset derivatives. The advisory, originally released May 30, 2023, had focused on the risks tied to the expansion of derivatives clearing organizations (DCOs) into digital…
Justin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuersaid in Hong Kong court documents. An excerpt of the writ Techteryx filed in Hong Kong After acquiring TrueUSD from TrueCoin in December 2020, Techteryx appointed First Digital Trust (FDT), a Hong Kong-based fiduciary, to manage its stablecoin reserves. According to documents prepared by U.S. law firm Cahill Gordon & Reindel, FDT was instructed to invest the reserves in the Aria Commodity Finance Fund (Aria CFF), a Cayman Islands-registered vehicle. However, court…
Cardano’s decentralized governance has achieved a significant milestone, with over six billion ADA now delegated to Delegated Representatives (dReps), according to Intersect, a member-based organization for the Cardano ecosystem. This marks a significant step toward a more decentralized and community-driven decision-making process. According to Intersect, over six billion ADA have now been delegated to dReps, which includes 2.6 billion ADA delegated to auto-abstain. A total of 779 dReps have registered, representing 27% of the staked supply. Of those, 193 have voted on the current Constitution Update governance action. Over ₳6 billion has now been delegated to DReps!(This total includes ₳2.6…