Author: NBTC

Vanar, a popular blockchain driving Web3 adoption, has partnered with Plena Finance, an AI-led platform backing the earliest account abstraction wallet. The partnership intends to advance Web3, making it more developer-friendly, smart, and accessible with account abstraction and AI technology. As mentioned in Vanar’s official social media announcement, the key drivers behind the collaboration include robust wallet and AI capabilities. Hence, the development is anticipated to bolster innovation for users and developers within the Vanar ecosystem. New Kickstart partner: @PlenaFinance An AI-powered ecosystem with the first account abstraction SuperApp wallet, built to make Web3 simple, smart, and accessible. pic.twitter.com/WikXObtEeM —…

Stablecoin lending protocol USDai (USDAI) has nearly doubled in total value locked (TVL) since last week, jumping from around $60 million on Aug. 26 to cross the $110 million mark this weekend, per data from DefiLlama. USDai TVL. Source: DefiLlama On Aug. 26, YZi Labs, previously Binance Labs, the venture arm of the world’s largest crypto exchange, announced that it had made a strategic investment in USDai. The project, developed by Permian Labs, consists of two tokens. USDai is an over-collateralized synthetic dollar, backed by GPU compute power and built to channel capital into AI infrastructure, per the project’s website.…

Ethereum price started a fresh decline from the $4,700 zone. ETH is now showing bearish signs and might gain bearish momentum if it declines below $4,400. Ethereum is still struggling to settle above the $4,630 zone. The price is trading below $4,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $4,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses and dive if there is a close below $4,400 in the near term. Ethereum Price Dips Again Ethereum price started a recovery wave after…

The UK’s approach to taxing digital assets is increasingly causing friction among crypto users. The main issues stem from how the tax authority, HMRC, classifies crypto and imposes what many see as burdensome requirements for logging transactions and disclosing personal data. In a BeInCrypto podcast, Susie Violet Ward, CEO of Bitcoin Policy UK, warned that the country’s current tax and regulatory policies seriously threaten the crypto industry. As she sees it, without urgent reforms, these rules risk permanently reversing the industry’s growth in the UK. A Cryptocurrency Conundrum In the United Kingdom, cryptocurrency users express serious concerns about the regulatory…

In the fast-paced world of cryptocurrency, staying informed about network upgrades is absolutely crucial. Recently, South Korean crypto exchange Upbit made an important announcement that impacts all Celo (CELO) holders: a temporary suspension of deposits and withdrawals. This measure is directly in preparation for an upcoming and essential Celo hard fork, a significant event designed to enhance the network’s capabilities and security. What Exactly is a Celo Hard Fork, and Why the Suspension? When a cryptocurrency network undergoes a Celo hard fork, it essentially means the blockchain is splitting into two potential paths, but only one is followed after a…

Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release. Built on the OP Stack, the London-based project is designed to let organizations run blockchain applications without exposing sensitive information, combining what it calls “programmable privacy” with scalability, performance, and regulatory alignment. The OP Stack is the open-source development stack that powers the Optimism blockchain. “Leveraging the OP Stack allows us to integrate into a robust and widely adopted Layer 2 ecosystem,” Applied Blockchain founder and CEO Adi Ben-Ari, said…

Bitkub Exchange, a well-known Thailand-based digital asset trading firm, has partnered with Scallop, a next-gen DeFi platform on the Sui blockchain. The partnership is aimed to expand DeFi awareness and expansion across Thai consumers. As mentioned in Bitkub’s official announcement on X, the development focuses on offering DeFi access to the users in Thailand to unlock new financial opportunities via blockchain-led innovation. Hence, the joint initiative signifies a strategic move to combine the worldwide potential of DeFi with the rising digital economy of Thailand. 🚀Bitkub Exchange partners with @Scallop_io💙💚.Bitkub Exchange joins forces with Scallop, one of the leading DeFi projects…

After a monthlong break, the US Senate and House of Representatives are scheduled to return to conducting government business, which includes key policies affecting the cryptocurrency and blockchain industry. Both chambers of the 119th session of the US Congress went on recess weeks ago as part of their schedule established in January. The move effectively paused any work toward passage of a bill to establish digital asset market structure, consider the nomination of Brian Quintenz to become chair of the Commodity Futures Trading Commission (CFTC), and legislation containing a provision for restricting a central bank digital currency (CBDC). US Senate…

The Upbit listing of WLFI and USD1 stands out as one of the most significant indicators of how rapidly the market is shifting. World Liberty has now moved from being a political talking point to securing real Exchange Adoption at scale. The decision by South Korea’s largest platform to open trading pairs for both tokens on day one of WLFI’s Token Generation was not just symbolic. It unlocked roughly $483 million worth of WLFI, which is 16.27 percent of its total supply, and added immediate liquidity to the market. That kind of coordination is rare, and it significantly increased the…

Ripple (XRP), the fourth-largest cryptocurrency in the global market, has taken an ambitious step into the gaming industry by launching its own private L3 chain on B3’s open consumer ecosystem. Along with this initiative, XRP announced its own dedicated gaming chain and platform, dubbed Xcade. XRP Launches New Gaming-Focused Chain Xcade The project’s most striking feature is its aim to build a gaming ecosystem that directly appeals to users. With this move, XRP aims to become a major player not only in financial transfers but also in blockchain-based games. B3 announced that revenue generated within the ecosystem will be used…