Author: NBTC
UFC CEO Dana White joins VeChain as an advisor, merging branding power with blockchain adoption in the sports industry. Nobel laureate Konstantin Novoselov strengthens VeChain’s scientific innovation, ensuring rigorous research backs its blockchain evolution. VeChain once again in the spotlight after the announcement of new advisor — UFC CEO and Power Slap founder Dana White. All these efforts are part of the company’s ambitions of real-world blockchain adoption through the sports industry. Dana White’s advisory and blockchain tech could be a result of unique innovation through VeChain. White, long credited with pushing UFC into over 950 million homes globally, is…
Market watcher Philip from TradingView highlights Bitcoin long-term strength, calling attention to a key support level and potential growth to new all-time highs. Bitcoin’s price has been fluctuating in recent days, with the cryptocurrency seeing a sharp decline followed by immediate signs of stabilization. On April 2, Bitcoin traded around $87,000, but by April 7, it had dropped to about $74,000. The crypto asset has since recovered to over $77,000, currently sitting at $79,131.11. This marks a 3.85% increase over the past 24 hours, although it still reflects a –5.27% decline over the past week. Bullish Signals Amid Market Weakness…
Ledn, a crypto lender operating in over 130 countries, wants to expand its services within the U.S. and is eyeing approvals on the West Coast as Wall Street competitors lean into the space. “We just submitted our application to the state of California,” Ledn co-founder and CEO Adam Reeds told Decrypt in an interview. “As the Bitcoin price increases [and] more people own Bitcoin, that’ll help justify the compliance costs of opening up in new regions.” Established in 2018, Ledn is among the largest centralized crypto lenders left standing after a series of high-profile blowups reshaped the sector in 2022,…
The Neo Foundation has announced the Neo Bond program, a new month-long initiative designed to provide high-yield returns and price protection for NEO token holders. The program was introduced following an internal investigation into recent large-scale NEO token transfers that impacted the composition of consensus nodes and coincided with a significant decline in market value. The Neo Bond offers a 50% APY, translating to a 30-day interest rate of approximately 3.44% through compound interest calculations. In addition to yield incentives, the program incorporates a price protection mechanism: the NF will guarantee a minimum price of US $5 per NEO for…
As is the case all over the world, regulatory efforts regarding cryptocurrencies continue in Türkiye. While much progress has been made in crypto regulations at this point, Treasury and Finance Minister Mehmet Şimşek issued warnings to cryptocurrency service providers and payment institutions. Speaking to AA, Mehmet Şimşek evaluated the work MASAK has carried out for crypto money service providers and payment institutions. Şimşek warned cryptocurrency service providers and payment institutions, stating that new strict rules introduced within the scope of increasing the security of the financial system and combating criminal proceeds must be followed. Referring to the regulations published in…
For the first time in history, dapps are generating more revenue than blockchains, raising questions about the real value of the latter without the former, and how this trend could accelerate the rise of appchains. Dapps Are Generating More Revenue Than Blockchains The decentralized finance industry is entering a new state where applications are becoming more relevant than the technology enabling them. A report from Milk Road, a crypto newsletter, has revealed that, for the first time, decentralized apps (or just dapps) have higher revenue than blockchains. Milk Road found that while blockchains have earned $1.4 billion in revenue, dapps…
Bitcoin ETFs recorded a $109.21M daily outflow, led by GBTC’s $74.01M. IBIT remained dominant, with $45.10B in net assets and no daily inflow. ETF prices dropped over 7% amid a $6.59B daily trading volume. According to a recent SoSoValue update, the daily total net inflow for U.S. spot Bitcoin ETFs on April 7 recorded an outflow of $109.21 million. The cumulative total net inflow stood at $35.96 billion. Source: SoSoValue The total net assets across all ETFs reached $87.86 billion, representing 5.61% of Bitcoin’s market capitalization. The total value traded during the session was $6.59 billion. IBIT ETF Leads in…
Hermetica, a leading Bitcoin (BTC) stablecoin issuer, has expanded its partnership with Bitcoin Layer 2 (L2) network Stacks (STX), according to information shared with Finbold on Thursday, April 17. The partnership dates back to September of 2024, when the issuer first brought its synthetic dollar, USDh, onto the network. Hermetica then went on to raise $1.7 million in a seed funding round. USDh is entirely Bitcoin-backed and pegged to the dollar, allowing holders to earn a 25% yield. How Hermetica and USDh will bolster the Zest Protocol’s functionality This latest development will see the USDh mint process used for liquidations…
Securitize, one of the largest tokenized asset issuers, said on Tuesday it has acquired MG Stover’s fund administration business, making its subsidiary Securitize Fund Services the largest digital asset fund administrator. MG Stover’s team will now operate under Securitize Fund Services (SFS), enhancing the company’s institutional-grade offerings, the company said. With the acquisition, SFS now oversees $38 billion of assets under administration across 715 funds, including Securitize’s tokenized fund offerings such as BlackRock’s $2.45 billion tokenized U.S. Treasury fund (BUIDL). Securitize now offers an integrated suite of services: fund administration, token issuance, brokerage, transfer agency, and an alternative trading system…
Shibarium, the Ethereum-based Layer-2 scaling solution tied to the Shiba Inu ecosystem, has scaled past the 10,000 000 block milestone and looks set to attain another. Less than 30 days after setting the record of 10,000,000 blocks, Shibarium is set to add another half a million blocks. Shibarium ecosystem expansion According to data from Shibariumscan, the total block count currently stands at 10,306,430. This leaves it with just 193,570 blocks to reach 10.5 million. At the current pace of one block per 5.0 seconds, the protocol will likely hit the next major milestone of 10,500,000 blocks before the end of…