Author: NBTC
Malaysia will leverage Blockchain and Artificial Intelligence to tackle corruption and fraud in the digital age. Speaking at the 3rd International Conference on Technology, Humanities, and Management held in Maldives, Tan Sri Azam, chief commissioner of the Malaysian Anti-Corruption Commission, highlighted that technological advancements have introduced new challenges in combating crime, local media reported on Jan 30. As such, MACC is integrating AI and blockchain into its investigations to combat. According to Azam, while these technologies have enabled more sophisticated crimes, they also offer powerful tools to trace illicit activities and strengthen anti-corruption efforts. Azam pointed to AI’s ability to…
Cliff Asness, one of the most prominent hedge fund managers, remains a Bitcoin skeptic despite the cryptocurrency’s record-shattering rally. During a recent interview with CNBC, Asness suggested that the crypto king could be a “bubble,” arguing that it had no legitimate use case. With that being said, Asness said that he would refrain from shorting crypto due to its high volatility. The American billionaire, whose personal net worth is estimated to be $2.1 billion, has long been a cryptocurrency skeptic Back in 2021, Asness dismissed the idea of following cryptocurrency trends as a quant trader. “You know you can trade…
The first Federal Reserve (Fed) meeting of 2025 will conclude on Wednesday, with the rate decision scheduled for release at 19:00 UTC. It will be followed by Chairman Jerome Powell’s press conference at 19:30 UTC. The Fed’s ongoing target range for interest rates is 4.25% to 4.5%, which has declined by 100 basis points since September. The December meeting saw a 25 basis point rate cut, but the accompanying press conference and forecasts signaled slower rate cuts for 2025, sending risk assets, including bitcoin (BTC), lower. However, Wednesday’s meeting is largely being seen as a non-event for markets, including cryptocurrencies,…
In the past week, DEXs experienced a significant decline in transaction volume, reaching $133.33 billion. It is a 39.11% decrease compared to the previous week’s $228.10 billion. The decrease reflects wild price fluctuations in the virtual currency market as investors often become careful when the market witnesses a downtrend or period of distress. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Raydium #Uniswap #PancakeSwap #Orca #Aerodrome #Curve #Cetus #THORChain #Hyperliquid pic.twitter.com/t3A2xUys2y — PHOENIX – Crypto News & Analytics (@pnxgrp) January 29, 2025 Raydium leads the crowd Despite the decrease, DEX trading remains strong attributed to the increasing adoption of decentralized exchange…
Swiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync. The simulation, which was conducted on a ZKsync test network, is a sign of renewed interest in blockchain technology among traditional financial institutions. This isn’t UBS’ first experiment with blockchain. The bank previously launched a tokenized money market investment fund, uMint, which is also built on Ethereum. UBS’ Key4 Gold is one of the bank’s offerings that lets its Swiss clients purchase a direct claim to physical gold. “It allows for fractional gold investments with real-time pricing, deep…
Bitcoin holds near $94,297 as sellers control resistance levels, limiting further growth in the market. Buyers protect support zones below $94,400, creating a stable floor for potential upward moves in the future. Reduced market volatility suggests a major move could happen soon, and traders are watching for breakout signals at key levels. Bitcoin traded at $94,297 on January 13 as it struggled against strong resistance at $99,000 while holding key support below. The market remains uncertain as traders watch for potential breakout or breakdown signals on the 4-hour chart. #Bitcoin 4 hour chartOrder block detector by LuxAlgo shows that #Bitcoin…
Uniswap Protocol recorded a monthly high trading volume of $15.65 billion on the Base network in January 2025. This makes it the third consecutive time Uniswap’s monthly trading volume on the Base network hit an all-time high. It also recorded all-time highs in November and December 2024. Overall, Uniswap has processed over $1 trillion in total trading volume, which makes it one of the largest DEXs in the world. What Uniswap users are doing on Base The monthly transaction volume on the Uniswap DEX on Coinbase’s native network, Base hit an all-time high for the third month in a row.…
Microstrategy’s stock, MSTR, has bagged second place on the Nasdaq 100 Component Year-to-Date Returns list, outpacing big names like Meta, Netflix, and Nvidia. As a primary benchmark for tech companies, the Nasdaq 100 highlights top performers through their Year-to-Date returns. As of Jan. 29, 2025, Constellation Energy Corp is out in front with a 22.93% YTD gain, followed by MicroStrategy Inc with a rise of 20.13%. However, big players, such as Meta, saw an increase of 12.7%, and Netflix saw a +0.04% change. NVIDIA, on the other hand, saw a decline in its stock price by 11%. NEW: MicroStrategy boasts…
A closed-door meeting of the U.S. Securities and Exchange Commission (SEC) on January 30 has sparked new speculation about the future of the ongoing Ripple case. This marks the fifth such meeting of the year, and it has grabbed the attention of the XRP community, which is hopeful for potential developments regarding the lawsuit. The meeting, scheduled in advance and disclosed via a Sunshine Act notice on the SEC’s website, will feature SEC acting Chair Mark Uyeda and Commissioner Hester Peirce. Uyeda’s leadership is drawing particular attention, as he is known for his critical stance on using enforcement actions to…
A Spanish court is investigating Binance for alleged misappropriation of funds in 2021. According to local media, plaintiff “JL” accused the exchange of withholding his €67,550 investment. Judge María Ángeles Velázquez claimed that JL demonstrated “sufficient criminal motives” on Binance’s part and gave his legal team 10 days to present their formal indictment. Binance Might Need to Answer to a Spanish Court Binance, one of the world’s leading cryptocurrency exchanges, is facing yet another legal trouble. The exchange faces accusations of market manipulation, albeit without formal criminal charges. IYesterday, French authorities investigated Binance for money laundering, and a Spanish judge…