Author: NBTC
HeLa Space has announced a new partnership with Cluster Protocol. HeLa Space posted the announcement on their official X account, creating widespread attention from technology professionals. We’re thrilled to announce our newest community collaboration with @ClusterProtocol!Cluster Protocol is revolutionizing AI with blockchain integrity. Proof of Compute and Deploy to earn ensures that every byte counts.Collaboration for success and beyond!🔥#HeLa #Layer1… pic.twitter.com/xy1fKMnwd8 — HeLa Space 🍀 (@HeLa_Labs) January 28, 2025 Cluster Protocol Integrates AI with Blockchain Technology Cluster Protocol successfully merges AI technology with blockchain systems. Their special Proof of Compute and Deploy to Earn system makes sure all collected data…
Bitcoin shot back to $97,044 on Tuesday, climbing 4.5% in a single day after plunging below $90,000 earlier in the week. The broader crypto market followed suit, with the CoinDesk 20 index rising 3.9%. Traders scrambled to reposition after new inflation data pointed to a cooling economy, triggering a risk-on rally across both cryptos and equities. Major crypto-adjacent stocks also rallied. Coinbase gained over 3%, while MicroStrategy added more than 5%. Mining companies like Mara Holdings and Core Scientific posted similar jumps, climbing roughly 5% as investors capitalized on the upward momentum. Inflation numbers change sentiment The Bureau of Labor…
Charles Hoskinson, the founder of Cardano, and one of the more influential people in the blockchain industry, has recently shared ambitious plans he has for the Cardano project in 2025. In a short X post, he said that this year, he will be “deeply” focused on three big things for Cardano: Bitcoin decentralized finance (DeFi), scalability with Leios, and a potential partnership or integration with ChainLink. Bitcoin DeFi on Cardano DeFi is a service that first emerged on Ethereum. It is still the strongest on this chain but others, such as Solana, have successfully disrupted this nascent industry. In fact,…
Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning a controversial rule from the Biden administration that critics say could harm the U.S. cryptocurrency industry, the two lawmakers announced on Jan. 22. The rule, finalized by the Internal Revenue Service (IRS) on Dec. 30, 2024, redefines participants in decentralized finance (defi) as “brokers,” subjecting…
Singapore-based exchange Crypto.com has secured a MiCA license from authorities in Malta after receiving provisional approval in mid-January. The Malta Financial Services Authority has awarded a Markets in Crypto-Assets Regulation license to Crypto.com’s Malta-based subsidiary, making the company one of the first major crypto exchanges to achieve regulatory approval under the European Union’s licensing framework. Securing a MiCA license from the MFSA allows Crypto.com to compliantly passport its services across the European Economic Area, which comprises 27 individual member states. You might also like: Crypto.com grabs provisional MiCA license Eric Anziani, President and COO at Crypto.com, remarked that the company…
The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS. On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network. Mysten Labs is the developer behind the Sui Layer 1 blockchain network. Adeniyi Abiodun, another Mysten Labs co-founder, confirmed the upcoming launch of this feature. He highlighted its potential to make decentralized payments and rewards more accessible. In an X post, Sui echoed the sentiment, saying: “[This] is an industry-changing product, which has huge implications for payments, DeFi, rewards, gaming and more!”…
SEC Chair Gary Gensler compared Bitcoin to gold in a CNBC “Squawk Box” interview while discussing the digital asset’s speculative nature ahead of his departure from the regulatory agency. “Bitcoin is a highly speculative, volatile asset,” Gensler said. “But with 7 billion people around the globe wanting to trade it—just like we’ve had gold for 10,000 years—we have Bitcoin. It might be something else in the future as well.” Gensler, who will step down on January 20 as President-elect Trump takes office, warned that most tokens besides Bitcoin could be subject to securities laws, requiring proper disclosures to protect investors…
At its peak over the weekend, the Official Trump memecoin (TRUMP) looked unstoppable, but it took only one whale selling to cause the first 50% drawdown. The implicated whale address had been previously tagged for early buying. According to data shared by Bubblemaps, one single whale may have been the cause of the 50% TRUMP drawdown that sent ripples throughout the market. The on-chain analytics firm detected one address involved in early accumulation before it split all its holdings into 10 new wallets. The cluster of wallets already realized $85M in gains, and they still hold another $75M worth of…
The White House has announced a sweeping new initiative aimed at strengthening American leadership in digital financial technology by supporting innovation in blockchain and digital assets while preserving economic freedom. The executive order signed by the President outlines a robust framework to foster growth in the digital asset sector while addressing regulatory clarity, consumer protection, and risks associated with Central Bank Digital Currencies (CBDCs). The initiative sets out policies to promote responsible growth and innovation in digital assets, including: Protecting Blockchain Access: Ensuring that individuals and private sector organizations can legally access and use public blockchain networks, participate in mining,…
After securing a Markets in Crypto-Assets license,Crypto.com will become the second major digital asset exchange to discontinue trading support for Tether’s stablecoin in Europe. Crypto.com plans to delist Tether’s U.S. dollar-pegged stablecoin (USDT) by Jan. 31 for European customers due to compliance with Markets in Crypto-Assets Regulations, per an email issued to users seen on Jan. 28. The email cited also included delisting notice for a bevy of other assets, including Dai (DAI), Wrapped Bitcoin (WBTC), Pax Gold, Pax Dollar, and three digital asset derivative tokens operated by Crypto.com. A spokesperson said in a statement obtained by crypto.news the decision…