Author: NBTC

Blockchain.com, one of the oldest crypto platforms operating a wallet and a blockchain explorer, has received regulatory approval in Europe as it ramps up compliance efforts. Blockchain.com obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Maltese Financial Services Authority (MFSA), the company said on Thursday. With the license, Blockchain.com is enabled to provide custody and wallet services in 30 European Economic Area (EEA) countries and plans to roll out institutional services, including treasury management. “Prior to MiCA, the company operated within a fragmented regulatory environment,” a spokesperson for Blockchain.com told Cointelegraph, adding that the license helps it consolidate…

The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said. The UK’s top bank has already been examining market risks that could arise if AI companies fail to meet lofty valuations, warning that many could come crashing down in a correction reminiscent of the dot-com bubble in the early 2000s. Now, it is exploring the relationship between AI companies and financiers that are looking to place bets in the AI market, Bloomberg reported on Friday. Although lending to data centers is still a niche…

COZ has released v1.4.0 of Boa, its Python compiler for the Neo N3 blockchain. The update introduces missing native contract methods, expanded conversion utilities, and support for Python 3.13. New functionality The release incorporates the StringSplit and StrLen methods from Neo’s standard library native contract, and adds RecoverSecp256K1 from the CryptoLib native contract. The update also modifies the behavior of the SHA256 and RIPEMD160 hash functions to only accept byte parameters. The to_bytes and to_int methods now accept additional arguments for endianness and signedness, improving flexibility when handling data conversions. Boa v1.4.0 also introduces constructors and validation for Neo enum…

Exciting news is rippling through the decentralized finance (DeFi) world as the Uniswap Foundation grant takes center stage. This significant financial commitment aims to propel the evolution of decentralized exchanges, promising a future of more efficient and cost-effective trading. For anyone keen on the future of crypto, this development signals a major leap forward in blockchain innovation and user experience. What Does the Uniswap Foundation Grant Entail? The Uniswap Foundation, a key player in supporting the Uniswap protocol’s growth, has announced a substantial grant of up to $9 million. This crucial funding is directed towards Brevis, a pioneering firm specializing…

Ethereum price struggled to stay above $4,020 and dipped further. ETH is now consolidating in a range and might decline further if there is a move below $3,820. Ethereum started a fresh decline below $4,020 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,820. Ethereum Price Dips Below Support Ethereum price struggled to settle above $4,120 and corrected most gains, like…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The CEOs of crypto companies led the applause when Donald Trump signed the GENIUS Act on July 18, and many even attended the signing of the Act. I did not applaud because I think GENIUS goes against the ethos of crypto. Summary Framed as consumer protection, the GENIUS Act ultimately strengthens U.S. financial dominance and compliance barriers — sidelining smaller players and limiting financial sovereignty, especially in the Global South. High regulatory costs mean only large institutions…

The Brazilian financial consulting firm, VERT Capital, has now pushed the country’s digital finance to the next level. It advanced payment system with blockchain by turning public pension payments into digital tokens on XRP Ledger’s secure system. VERT Brings $40M Tokenized Assets Ripple announced on Friday that VERT has completed its second on-chain issuance and brought $40 million worth of these tokenized assets on the blockchain, and expects this to grow to about $190 million. With this new initiative, Brazil developed its blockchain utility with strong rules to protect investors, while making finance smoother and more modern. Using the Ripple…

Telegram will enable users to earn DeFi yield through its in-app self-custodial wallet in partnership with Affluent. Summary Telegram integrated with Affluent DeFi to make yield more accessible Wallet users will be able to make yield on their USDT balances According to the two firms, this makes DeFi more accessible Telegram has taken another step to make DeFi more accessible. On Friday, October 24, Telegram announced an integration with Affluent, a TON-based DeFi vault protocol. The integration will enable users to earn yield through the Wallet in Telegram, its self-custodial wallet. ⚡️USDT holders in TON Wallet can now earn up…

Canadian businessman Kevin O’Leary recently issued a warning about Ethereum, the second-largest blockchain network, claiming that it tends to “crack” under pressure. “For over a decade, we’ve talked about going on-chain, and now with real-world adoption finally happening, the cracks are showing,” O’Leary said. The “Shark Tank” host claims that the popular blockchain network got “congested,” which resulted in sky-high fees of over $1,000. “That’s like paying a thousand-dollar toll to drive on a one-lane highway,” he quipped. An extreme exaggeration? However, many members of the Ethereum community disputed the claim, noting that actual gas costs were $22 for a…

Democrats and Republicans hosted dueling roundtables with crypto industry executives on Wednesday in an effort to advance cryptocurrency market structure legislation. More than three months after the House passed the CLARITY Act, the bill has yet to make meaningful progress in the Senate. According to people familiar with Wednesday’s discussions, both parties are pointing fingers. Democrats, gathered by Sen. Kirsten Gillibrand on Wednesday morning, are growing frustrated with the crypto industry’s tendency to align itself with Republicans. “Don’t be an arm of the Republican Party, they used you all and your megaphones to f*** us,” Democrat Sen. Ruben Gallego told…