Author: NBTC
Tron founder Justin Sun has boldly heralded USDD as the only “true decentralized stablecoin” in the entire crypto sector. Sun has made several promotional statements in recent weeks to rally the crypto community toward the stablecoin, ahead of the launch of USDD 2.0. In a February 3 post on X, the Chinese-born entrepreneur asserted that USDD offers users “zero risk of freezing or rug pulls.” Sun provided more pointers to back his claims in a subsequent post, giving prominence to the decentralized stablecoin for allowing users full control of their funds with no “authority to freeze” or withdraw them. Moreover,…
Li Bin, deputy director of the State Administration of Foreign Exchange (SAFE), said the agency is closely monitoring the impact of cryptocurrencies on capital flows and plans to enhance its identification and monitoring capabilities. Speaking at a sub-forum of the Boao Forum for Asia titled “Finding Monetary and Financial Stability in an Unstable World,” Li said it was important to understand how digital assets affect cross-border transactions. “This is a very important issue, and we will conduct in-depth research to continuously improve our monitoring capabilities,” he said. While China has imposed strict regulations on crypto trading and mining, authorities continue…
Binance is targeting untapped crypto talent through its Seeds program, offering mentorship, real-world training, and full-time roles to early-career professionals and university graduates. Binance Seeds Deploys Pioneer Program to Capture Raw Talent Before Rivals Do Crypto exchange Binance rolled out a new early-career development initiative on April 1 aimed at attracting and nurturing the next wave of talent in the blockchain and cryptocurrency space. The program, called Binance Seeds, is structured to support both entry-level professionals and students through two distinct offerings: the Pioneer Talent Program (PTP) and the Binance Accelerator Program (BAP). In a statement announcing the launch, the…
BNY Mellon, America’s oldest running bank, has deepened its foot into blockchain, recently launching a new blockchain accounting tool, with BlackRock as first client. According to a recent report by Fortune, Bank of New York Mellon (BNY Mellon) has introduced its latest blockchain-based accounting tool. BlackRock Becomes First Client Interestingly, BlackRock, the world’s largest asset manager, became the first institution to adopt the new platform, which looks to modernize fund accounting by providing real-time insights into tokenized assets. This newly launched tool directly records and updates a fund’s net asset value (NAV) on a blockchain, eliminating the reliance on third-party…
In the aftermath of yesterday’s Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offered insights into five critical indicators that may help traders and investors assess Bitcoin’s current position. “The price of Bitcoin experienced a major crash yesterday! Will it continue to rise or fall from the top? Let’s use 5 indicators to see if BTC is at its peak now,” Lookonchain writes. #1 Bitcoin Rainbow Chart Described by…
AscendEX has recently partnered with Renta Network. The strategic alliance combines their respective expertise enabling them to develop transformative solutions between the crypto domain and real estate markets. 🚀We’re excited to announce our partnership with @RentaNetworkTogether, we’re bringing more opportunities and innovation to the crypto space. Stay tuned for exciting updates! 🔥 #AscendEX #Crypto #Partnership #RentaNetwork #Blockchain pic.twitter.com/diMeduwLLb — AscendEX (@AscendEX_) April 3, 2025 Through their strategic partnerships, AscendEX utilizes their strong trading infrastructure and Renta implements their blockchain-based property rental ecosystem to open up new opportunities for customers to interact with tokenized real estate properties. AscendEX: A Global Trading…
9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities. Ray Chan, the co-founder of 9GAG, a popular meme-sharing and news site, is said to have taken charge of Howkingtech International as part of a plan to expand into AI, cryptocurrencies, and web3. A regulatory filing with the Hong Kong Exchanges and Clearing Limited reveals that the purchase of Howkingtech involves a maximum cash consideration of HK$79,649,599 (about $10.2 million), assuming all share options are exercised before the close of the offers. Following the news, Howkingtech’s shares…
Polygon’s Pessimistic Proofs enhance cross-chain security by ensuring transactions are mathematically verified before approval. AggLayer connects L1 and L2 blockchains, enabling seamless interoperability while maintaining security through independent transaction validation. Polygon has taken a big step in blockchain by rolling out Pessimistic Proofs on mainnet through AggLayer. Instead of just another upgrade, this changes how blockchains connect. Think about a system where transactions between networks don’t need a middleman to be secure—that’s exactly what Pessimistic Proofs offer. Pessimistic Proofs are live on mainnet, enabling maximum flexibility and security for chains to interop. We’re one step closer to unifying L1s, L2s…
Pro-XRP attorney John Deaton has called out the U.S. Securities and Exchange Commission (SEC) for holding onto the long-awaited IG report on William Hinman’s speech on Ethereum for too long. Deaton wants the SEC to make the report public to encourage transparency, especially since the SEC’s approach to regulating crypto remains under scrutiny. In a recent post on X, Deaton demanded that the SEC make public the internal discussions revolving around Hinman’s statement that led to the investigations. He insists that the report will provide investors and the community with clarity on whether Ethereum was favored over other digital assets…
Moonveil has formed an alliance with W3GG that functions as a subDAO beneath Yield Guild Games to bring innovative changes to gaming systems in Southeast Asia. The collaborative partnership announced on X seeks to reward blockchain users and grant them digital possession of games while encouraging studio progression. 🌟 Moonveil X W3GG 🔥We’re thrilled to partner with @w3ggofficial, a subDAO of YGG and a leading force in decentralized gaming, building a protocol that empowers players in Southeast Asia with blockchain rewards and true digital ownership! 🎮This partnership is all about… pic.twitter.com/ovIoxZKCR1 — Moonveil.gg (@Moonveil_Studio) April 3, 2025 Moonveil: A Gamer-Centric…