Author: NBTC

Heritage Distilling, a Nasdaq-listed craft distillery, has announced that its board of directors has made a decision to start holding Bitcoin as a strategic asset. The Washington-based distillery will also start accepting Bitcoin payments in order to potentially attract a new set of buyers. The company has noted that a new accounting rule will allow it to report Bitcoin holdings at market value. This will make it easier for the distillery to hold the cryptocurrency when it comes to accounting. The company’s shares are down 4.61% following the Friday announcement. Heritage Distilling is known for such brands as Elk Rider…

ARC token price increased by around 10% following relentless whale accumulation. ARC token is currently trading at around $0.03, with a $27 million market cap. Arc Intelligence crypto project operates at the intersection of Web3 and AI. It offers tools for developers and users to build dApps, and manage portfolios, with the help of its advanced AI agents technology. The ARC community has been super active on social platforms with new developments and announcements from the project. Meanwhile, whales are purchasing ARC in large volumes in an anticipation of further price surge. The increasing hype around AI agents’ narrative combined…

In a significant development within the cryptocurrency sector, Binance Pay has announced its partnership with xMoney, a prominent Web3 payment provider based in Europe. This collaboration aims to broaden the range of cryptocurrency payment options available to users, enabling direct transactions at over 20,000 businesses across various industries, including luxury goods, travel, gaming, and e-commerce. How Will This Partnership Impact Users?What Sectors Will Benefit from This Collaboration? How Will This Partnership Impact Users? The partnership is poised to enhance the integration of cryptocurrency into everyday transactions. Users can expect an expanded ability to purchase products and services using Binance Pay,…

Four U.S. spot Bitcoin exchange-traded funds are now ranked among the top 20 best ETF launches in history, as the crypto industry marks one year since the U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs. The SEC’s approval on Jan. 10, 2024, paved the way for 11 spot Bitcoin (BTC) ETFs to go live on U.S. exchanges. The launch coincided with Bitcoin’s rally to a new all-time high in March 2024, crossing the $100,000 mark before undergoing a correction. While the market has seen tremendous growth since these ETFs began trading, it’s the records they have broken…

The Enterprise Ethereum Alliance (EEA) is the oldest nonprofit organization that advocates for a neutral voice for the Ethereum ecosystem. Its mission is to bring together the community, developers, and businesses in order to create a decentralized future. We are thrilled to announce that COTI has joined the EEA. The Ethereum Foundation, Microsoft, EY, JPMorgan Chase, Accenture, Razorfish, Santander, ConsenSys, Chainlink, Hacken, and Circle are just some of the companies that are members of the Enterprise Ethereum Alliance (EEA), along with a large number of additional companies. By demonstrating its experience in Web3 privacy, COTI has shown its dedication to…

He Yi, the co-founder of Binance, in a recent podcast held by Binance Space disclosed that the cryptocurrency exchange with their internal audit team conducted more than 120 investigations in the last two years, which resulted in firing of over 60 employees for non-compliance and recovered $30 million in illicit gains. Wu Blockchain reports Binance conducting internal audits Strengthening Internal Controls The exchange has also hired two U.S. law enforcement coordinators that ensure that Binance is in compliance with law and regulations, such as the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. After $30 million were recovered by…

One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally capitulated and approved the trading of spot bitcoin exchange traded funds (ETF) to go live the next day. These ETFs would go on to be the best performing ETFs in history, with BlackRock’s ETF $IBIT leading the charge, taking in over $52 billion inflows alone. I feel like a lot of people are afraid to admit this, or just don’t want to, but the ETFs were the most significant moment in Bitcoin over the course of 2024. Looking back on the year, it feels like everything…

World Liberty Financial, the crypto platform backed by President Donald Trump, has been courting blockchains to take part in “token swap” deals, two sources with knowledge of the matter told Blockworks. Representatives for World Liberty Financial have been approaching blockchain teams with an offer: buy at least $10 million worth of unlaunched WLFI tokens with a 10 percent fee, and World Liberty Financial will buy the same amount of the blockchain’s native token. A message from a World Liberty Financial representative shared with Blockworks said the WLFI tokens would be transferred at a $1.5 billion fully diluted valuation, which is…

The AUTOMATE DeFAI framework supports IOTA EVM, along with major Layer-1 and Layer-2 networks like Arbitrum, Base, Avalanche, and BNB Chain. AUTOMATE emphasizes security in high-stakes DeFi activities, minimizing errors in essential processes like staking, bridging, and swapping. The IOTA Foundation has recently announced that the official DeFAI framework from HeyAnon, for its AUTOMATE TypeScript has finally gone live. This new typescript seeks to boost developer engagement while supporting a thriving and open system in partnership with the IOTA EVM. The official DeFAI framework that includes #IOTA is now live – go check it out! https://t.co/ZU3op5upTD — IOTA (@iota) January…

Crypto exchange Coinbase (COIN) became the largest crypto exchange to operate in the U.K. after securing a spot on the register of the Financial Conduct Authority (FCA), allowing it to offer crypto services in the country for the first time. “It opens up new channels and opens up the ability to launch new products and services,” Keith Grose, Coinbase’s U.K. CEO, said in an interview. Coinbase has spent the last six months working towards Monday’s approval, said Grose. By becoming a registered firm, Coinbase can offer both crypto and cashfor investors and traders in the U.K. Gaining a spot on…