Author: NBTC

TON blockchain is one of the most silent and rapidly growing parts of the cryptocurrency industry. Some of its coins, like NOT coin, surged massively, securing a 400% gain in seven days, which shows that not all the action is happening on the Ethereum or Solana networks. Due to its significant price increase, Notcoin is under the spotlight. The coin’s value has increased by over 400 percent in the last seven days. Several things contribute to this rise, one of which is the growing interest of whales. The price of #Notcoin( $NOT) has risen by more than 400% in the…

A Republican National Committee (RNC) panel passed a draft platform outlining crypto and artificial intelligence (AI) policies on July 8. According to Politico, the panel passed the draft platform with 84 votes in favor and 14 against. The convention must finalize the platform in a future vote. The Republican party intends to “end Democrats’ unlawful and un-American Crypto crackdown” and prevent the creation of a central bank digital currency (CBDC), per the platform. Furthermore, the party aims to protect Bitcoin mining rights, the right to self-custody crypto, and the right to perform transactions without government control and surveillance. The party…

Galxe, the biggest on-chain distribution forum in the Web3 sector, has recently unveiled an exclusive integration. As per the platform, it is integrating with a well-known people-centric blockchain named Viction, which offers zero-gas transfers, while endeavoring to build beyond the limits. The company took to the social media platform X to provide the details of the respective development. We’re building beyond limits through our latest integration with @BuildOnViction 💪Viction is a global L1 blockchain that empowers builders at every level. They provide accessible and scalable infrastructure, along with holistic guidance, to foster tangible project success and… pic.twitter.com/AN4WZxCqeS — Galxe (@Galxe)…

The Ethereum-based BUIDL fund from the leading asset manager BlackRock has gulped over $5 mln in assets over the past week despite the ongoing market turbulence. Market analytics resource IntoTheBlock (ITB) reported this in a recent post, highlighting that the fund has attracted significant interest among investors. The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), launched in March on Ethereum, became the company’s first tokenized fund. This allows qualified investors to procure yields in US dollars by subscribing through the fintech company Securitize. According to data sourced by ITB, BUIDL currently has assets under management (AUM) of $491 million amid…

Pepe in a Meme World (PEW) is catching the interest of cryptocurrency traders as a newly launched memecoin in the speculative crypto ecosystem. The adaptable and dynamic memecoin caused a frenzy after listing on five centralized exchanges in one day, including HTX, MEXC, LBank, CoinEx, and BitMart. We have listed $PEW on all major exchanges like GATE, HTX, BITGET, MEXC , LBANK, POLONIEX, etc in just 1-2 days. — pepe in a memes world (@pewoneth) June 3, 2024 Meanwhile, despite existing for only a short period, PEW is already listed on several decentralized exchanges (DEXes). The multiple listings across different…

Slavkin Corzo, a former policy director at the U.S. Securities and Exchange Commission, has joined policy firm Mindset, according to a recent report by Politico. Notably, Mindset has a number of clients within the financial services industry that include prominent cryptocurrency firms such as stablecoin issuer Paxos and research-driven technology investment firm Paradigm. The Politico report says that the clients that Corzo intends to lobby for are yet to be determined. Corzo, a former labor union investment official, joined the agency back in April 2021. It is worth noting that Corzo was one of the first senior staff members appointed…

Ubisoft, the French AAA game developer, has recently announced a partnership with Double Jump.Tokyo, a Web3 gaming company, to accelerate the implementation of Web3 elements in their games. As a first step, Double Jump.Tokyo will issue NFTs for Champion Tactics, a game still in development, on top of Home Verse, an Oasys L2 structure with zero gas fees. Ubisoft Teams With Double Jump.Tokyo to Bring Web3 Elements to Its Games Ubisoft, a France-based AAA gaming publisher and developer, is pushing its Web3 and blockchain agenda. Last week, the company inked a partnership with Double Jump.Tokyo, a developer specializing in Web3…

The Cryptonomist conducted an interview with Eric Vreeland, CSO at Polyhedra Network to talk about Web3, zero knowledge (ZK) proof and artificial intelligence (AI). Can you provide an overview of Polyhedra Network’s mission and vision, particularly in the context of Zero-Knowledge (ZK) proofs, and how you see it transforming the web3 and web2 ecosystems? How do Zero-Knowledge proofs enable secure, trustless transactions, and what are the primary benefits of these transactions for users and developers in both web3 and web2 environments? In what ways do ZK proofs contribute to system scalability and operational cost reduction, and can you share specific…

The total crypto market cap declined by 8% in June, the bank said, noting that March 2024 might have been the peak of the current cycle. JPMorgan noted that spot bitcoin ETFs saw their second-worst month since launch, with an estimated $662 million of net outflows. The market cap of the U.S.-listed miners grew almost 20% as the sector re-rated due to AI-related power use cases, the report said. The total cryptocurrency market cap fell by 8% in June to around $2.25 trillion, giving back most of the gains from May, JPMorgan (JPM) said in a research report on Monday.…

Nearly $40 million worth of XRP has been transferred from Binance, one of the world’s leading cryptocurrency exchanges, to an unknown wallet. This substantial transfer has sparked speculation about the motives behind such large transactions, often attributed to whales — individuals or entities holding large quantities of a particular coin. The transaction was first reported by Whale Alert, a service dedicated to tracking large cryptocurrency transactions. Whale Alert’s initial tweet revealed that almost 50.7 million XRP coins, worth around $26.2 million, were transferred from Binance to an unknown wallet. Shortly after, another tweet reported that nearly 26.2 million XRP coins,…