Author: NBTC

BCB Group was the subject of a now-closed investigation by the FCA, according to sources. The company’s chief compliance officer recently resigned from the business and will join crypto exchange Kraken in November. BCB Group, a payments processor that links cryptocurrency firms to the banking system, was the subject of a now-closed investigation by the U.K. financial services regulator, according to two people with knowledge of the matter. The Financial Conduct Authority, or FCA, gave BCB a so-called s166 notice late last year, the people said, who spoke on condition of anonymity as the matter is private. The investigation has…

Xaman, a leading XRPL wallet, is marking a significant milestone with the launch of version 3.0. This update brings new features designed to enhance both user experience and developer flexibility. Notably, the update includes Universal Transaction Signing and URIToken support, alongside internal performance improvements. Xaman intimated its community through its official social media platform, X. Xaman assured the community that users would be able to access and find this launch on their respective app stores, shortly. 🚀 Xaman 3.0.1 is now live on App Store & Google Play!🛠️ This update includes bug fixes and improvements based on community feedback—thank you!…

BlackRock encourages Bitcoin as a core asset for growth-focused strategies. Larry Fink now believes BTC could reach a value of $100k soon. Bitcoin’s steep volatility is seen as an opportunity for higher future rewards by BlackRock. BlackRock, the world’s largest asset manager, has suggested an 84.9% placement of Bitcoin in venture securities. This bold recommendation, which has spread quickly through social media, has sparked discussions in the financial world. If followed, the currency could surpass the combined value of stocks, bonds, and real estate. The idea was first shared in a viral post on X that has gathered over 146,000…

Aerodrome, a well-established decentralized exchange (DEX) and leading project of the Base has achieved a record all-time high (ATH) trading volume in Epoch 57. The total volume of trading reached an impressive level of $3.026 billion, and the most active trading was observed in Slipstream pools, which dominated the market with 92% of all trades. This is a rather crucial milestone for Aerodrome and its community as the protocol increasingly establishes its absolute control over the DeFi arena. Aerodrome Hits ATH Volume 🛫The highest ever volume was achieved during epoch 57, hitting $3.026 billion with Slipstream pools accounting for 92%…

Nigeria has emerged as the second-largest adopter of crypto worldwide, cementing its position as a leader in digital finance, according to Chainalysis’ upcoming report. The ranking illustrates Nigeria’s rapidly expanding crypto ecosystem, where everyday transactions, remittances, and business payments increasingly rely on digital assets, especially stablecoins. The country’s success mirrors a broader trend in Sub-Saharan Africa, a region witnessing modest yet significant growth in its crypto adoption. According to Chainalysis, Sub-Saharan Africa’s burgeoning crypto economy, driven by the need for alternative financial services and more accessible international markets, is positioning the region as a growing hub for innovation and financial…

The decline in Bitcoin and altcoins turned investors as well as markets upside down. At this point, some investors move away from the market after the losses they experienced, while some investors see this decline as a buying opportunity. While Bitcoin and altcoins recovered after the sharp decline, on-chain data tracking platform Nansen announced the most purchased cryptocurrencies by investors in the last 24 hours. According to Nansen data, whales increased their purchases of aEthWETH, DAI, SPEC and WBTC. Accordingly, DAI, aEthWETH, SPEC and WBTC were among the altcoins most purchased by whales. DAI is an Ethereum-based stablecoin whose issuance…

If Gary Gensler had adopted the right regulatory approach, he could have saved FTX and Three Arrows Capital (3AC) from downfalls, said billionaire Mark Cuban during a recent episode of the All-In Podcast. According to Cuban, the SEC Chairman favors enforcement actions over providing clear regulations, and he views this way of handling crypto regulations as an inefficient approach. “The point there is [that] he has an approach that is regulation through litigation. He’s going to sue you first, ask questions later and hope that the result of that litigation becomes a rule that everybody else has to follow,” Cuban…

Base is an Ethereum layer-2 blockchain that has grown in popularity thanks to its low fees, minimal congestion, and the security guarantees it inherits from EVM. The blockchain has become a compelling option for those who want to create and launch their own tokens in 2024. This guide demonstrates step-by-step how to create a token on the Base blockchain without any programming skills. Here’s what to know. In this guide: How to create a token on Base: Step-by-step Launching your token: Creating a liquidity pool Understanding the basics of Base tokens Why create a token on the Base blockchain? What…

The Base blockchain, an Ethereum-based layer-2 solution, has been widely used in decentralized finance (DeFi), where the TVL was estimated to be $2.17 billion as of October 3, 2024. TVL stands for total value locked, which measures the number of assets that investors deposit into decentralized projects and reflects the community’s confidence in the given project. TOP 10 #TVL ON #BASE $AERO $UNI $AAVE $EXTRA $MORPHO $WELL $BIFI $OVN $OGN #Anzen pic.twitter.com/FpLVq3pXLL — PHOENIX – Crypto News & Analytics (@pnxgrp) October 3, 2024 Decentralized Exchanges (DEXs): AERO and UNI The top protocols on Base regarding TVL are AERO, which has…

OpenAI has successfully raised over $6.5 billion in a recent funding round, catapulting its valuation to $157 billion, Bloomberg reported Wednesday. The new valuation surpasses OpenAI’s previous valuation of $86 billion, making it one of the most valuable venture-backed private startups, alongside SpaceX and ByteDance. Led by Thrive Capital, with participation from other global investors, the round positions OpenAI as a top contender in the generative AI technology sector. The AI startup, well-known for developing advanced AI models, including the GPT series, previously raised approximately $13.5 billion across 11 funding rounds. The latest investment will be used to support its…