Author: NBTC
EMB: March 27, 10:00 UTC DePIN layer 1 Peaq raised $15 million in a funding round led by Generative Ventures and Borderless Capital. DePIN refers to using a blockchain to build physical infrastructure networks so other projects don’t need to buy and run their own equipment. Peaq currently hosts more than 20 DePIN networks. Layer-1 blockchain Peaq said it raised $15 million in funding to expand its ecosystem of decentralized physical infrastructure (DePIN) networks. The funding round, led by Generative Ventures and Bordless Capital and featuring participation from Spartan Group, CMCC Global and Animoca Brands, comes ahead of the blockchain’s…
Crypto aggregators and on-chain providers seem to provide contradictory information concerning the WLD token supply, prompting concerns regarding the accuracy of the data. In an X post on Mar. 20, Nansen CEO Alex Svanevik pointed out a significant difference between Worldcoin‘s reported circulating supply of the WLD token and the data displayed on Optimism, where tokens were migrated from Ethereum in 2023. Svanevik compared data from crypto aggregator CoinGecko and the Optimism bridge protocol, uncovering a discrepancy of nearly 10 million WLD tokens in the circulating supply. am I crazy or is the @worldcoin circulating supply wrong from their API…
Binance Joins the Global Travel Rule Alliance to Advance Interoperable Compliance and Strengthen Security
Making crypto compliant with existing regulatory frameworks and interoperable with traditional legal and financial systems is an enormous yet hugely worthwhile task. To get there, we must achieve a certain level of standardization in how our industry goes about compliance. Binance has recently made a big step in this direction by joining the Global Travel Rule (GTR) Alliance – a global community of virtual-asset service providers utilizing the same solution for complying with one of the key international anti-money-laundering rules. Playing by the Travel Rule Joining GTR Alliance will ensure a higher level of both data security and regulatory compliance.…
The world’s largest institutional investor by assets under management (AUM), BlackRock Inc. (NYSE: BLK), has recently moved to create a tokenization fund allegedly focused on real-world assets (RWA). This new endeavor is part of BlackRock’s dive into the cryptocurrency industry, already covering different branches. Notably, the company manages over $9.10 trillion worth of assets, a part of which is being directed to cryptocurrencies. Now, cryptocurrency investors have started to speculate if the finance titan is already investing in their favorite tokens. However, much of this speculation comes from a landscape full of biases and inconclusive evidence, requiring a lot of…
Alchemy Pay, a popular payment gateway that converts fiat to cryptocurrency, partnered with the Japanese blockchain platform Astar Network. This partnership aims to boost global connectivity and cryptocurrency use. Astar’s blockchain technology and a native token $ASTR will make buying $ASTR with fiat currency easier on Alchemy Pay’s Ramp platform. This will open up and improve the cryptocurrency ecosystem. Earlier, Alchemy Pay partnered with Fusionist to streamline $ACE tokens. .#AlchemyPay is collaborating with @AstarNetwork to integrate Astar zkEVM & its native token ASTR on our Ramp.It will expand accessibility & enhance the user experience for those seeking to engage with…
Digital asset trading platform Cube.Exchange has created a Guardian Council designed to prevent fraud on the exchange. The Guardian Council will comprise a group of industry participants from the Solana Foundation, Everstake, Triton One, Juicy Stake and Kiln. These participants will act as independent third-party validators for Cube.Exchange and prevent fraudulent withdrawals from happening. They will be part of a system where approval from several parties is required for transactions on the exchange to proceed. This process ensures that no single group, not even the exchange itself, can improperly use customer funds. This means that there will be a multi-party…
Hong Kong-listed Inkeverse, a Chinese live streaming company, announced on March 26 that its board of directors had approved a budget of US$100 million for the group to purchase cryptocurrencies on any regulated and licensed trading platform over the next five years. The company will use its existing cash reserves as a source of financing for the purchase of cryptocurrencies. “Inkeverse’s cryptocurrency purchases will be funded from existing cash reserves. Regarding the purchase of cryptocurrency, the company will carry out this at its discretion, depending on market conditions. As of the date of this announcement, the Group has not purchased…
In a significant development in the cryptocurrency trading sphere, Bybit, one of the global leaders in crypto exchange by volume, has announced the addition of Solana (SOL) options to its trading platform. This move positions Bybit as one of the pioneering venues to offer this innovative financial product, expanding its trading options beyond Bitcoin (BTC) and Ethereum (ETH). Starting today, traders on Bybit can engage with the Solana ecosystem in new and dynamic ways through SOL options. This addition is expected to open up a range of strategic trading opportunities, enhancing the trading experience while potentially increasing profitability for its…
BOB’s (“Build on Bitcoin”) aim is to roll out the first Bitcoin layer-2 network that’s compatible with the Ethereum Virtual Machine (EVM) standard. The seed round was led by Castle Island Ventures. BOB, a hybrid layer-2 network – sitting atop the Bitcoin blockchain, but with Ethereum compatibility – has raised $10 million in seed funding. The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, along with angel investors Dan Held and Domo, creator of the BRC-20 token standard. BOB’s aim is to roll out the first Bitcoin layer 2…
Financial privacy is becoming more difficult to maintain than ever as we become increasingly dependent on online platforms for our everyday needs. However, there are ways to enhance your financial privacy when you want to make payments without disclosing your identity. In this article, we will show you how to send money anonymously using a variety of methods. We have primarily focused on cryptocurrencies, although we also provide a method for making traditional payments anonymously. How to send money anonymously? Below, we’re featuring four methods you can use to send money anonymously or make payments online without disclosing your identity.…