Author: NBTC

DuckChain’s goal of enabling decentralized apps within the Telegram ecosystem is supported by the $5 million investment from Oak Grove Ventures. Oak Grove Ventures has publicly disclosed a $5 million investment in DuckChain, an innovative blockchain platform that utilizes TON-based EVM solutions. Several well-known companies, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Skyland Ventures, and angel investors from leading projects like Camelot and Quantstamp, also contributed to this fundraising round. We’re thrilled to announce our investment in @Duck_Chain, a groundbreaking #blockchain platform leveraging #TON-based EVM solutions to integrate seamlessly with Telegram’s ecosystem.By joining DuckChain’s $5M funding round,…

Among the numerous coin launches this week, two on Solana and one on Base have captured notable attention. PRAWN leads with a $25 million market cap and 92,000 daily transactions. CHAOS sustains a $16 million valuation despite recent volatility. Meanwhile, TETSUO has gained momentum with 12,000 holders and $5.8 million in daily volume. All three coins demonstrate promising growth potential based on technical indicators. Pepe The King Prawn (PRAWN) PRAWN, a recently launched Solana-based meme coin, has quickly gained traction in the cryptocurrency market, achieving a $25 million market capitalization in less than 48 hours. The coin has demonstrated remarkable…

Saturday, December 28, the budget law of Italy for 2025 was definitively approved. This is an important law also for Italians who own cryptocurrencies, because it contains an article specifically dedicated to the taxation of crypto capital gains. The crypto taxation in Italy: the new budget law The increase in crypto taxation The elimination of the exemption threshold Revaluation at 18% The reactions The crypto taxation in Italy: the new budget law Article 43 of bill 1330 definitively approved by the Senate sets the substitute tax rate on capital gains and other miscellaneous income at 26 percent. This article is…

As the bankrupt crypto exchange FTX prepares to repay its creditors, analysts are predicting the fund distribution will kick start a bullish cycle in 2025. FTX’s Chapter 11 reorganization plan will become effective on January 3, and the initial payment is expected to occur within the next 60 days. According to some analysts, the move will potentially inject around $16 billion into the market. Can FTX Repayments Usher in a Bull Run? With the upcoming FTX repayments in Q1, billions in fresh capital returning to traders’ hands will likely lead to a rise in investments. FTX said it aims to…

Caldera, a well-known platform for high-performance and rapid Ethereum rollups, has announced its collaboration with Superboard. The partnership targets to support the Caldera Wrapped campaign. The platform took to social media to provide the details of this partnership. Feeling superboarded!We’ve partnered with @Superboard_ for the Caldera Wrapped campaign happening now on our socials.PS: There’s still 1 year of sponsored gas fees on Ethereum to win. 👀 pic.twitter.com/EeRLUBbGtN — Caldera (@Calderaxyz) December 28, 2024 Caldera Joins Forces with Superboard to Back Caldera Wrapped Campaign Caldera pointed out that the partnership with Superboard focuses on the growth of its Caldera Wrapped campaign.…

Robert Kiyosaki, a renowned entrepreneur and investor who supports Bitcoin and also well-known for authoring the popular book “Rich Dad Poor Dad”, has issued a tweet talking about the growing significance of BTC under the current economic conditions in the US. He shared an investment plan he has been following with his X audience, which includes regular Bitcoin investments. Kiyosaki on Bitcoin and ‘fake US dollars’ The financial guru Kiyosaki revealed that he has been “hiding real money,” which he calls gold and silver. According to his tweet, he now owns “tons of gold and silver” as in 1985, he…

In retrospect, it was inevitable. Down more than 8% and holding just above $300 on Monday, MicroStrategy (MSTR) shares are now lower by about 30% since just after the announcement of their inclusion into the Nasdaq-100 index and nearly 50% from their late November record high. The signs of at least a major short-term top in one-time barely known enterprise software company turned juggernaut Bitcoin Development Company MicroStrategy were everywhere. First among those signals was the rocketing stock price — at its high of $543 in late November, MSTR was up nearly eight-fold in 2024 and more than a 50-bagger…

Aethir, a leader in decentralized GPU-as-a-Service, has announced a groundbreaking initiative called Tactical Compute (TACOM). The platform has taken this step in collaboration with Beam Foundation and MetaStreet. The $4 million project aims to revolutionize decentralized computing infrastructure. It leverages blockchain and AI to address the surging global demand for scalable computational power. Beam Foundation comprises AI decentralization pioneers who aim to advance decentralized infrastructure. MetaStreet consists of DeFi liquidity protocols that aim to unlock liquidity or digital assets. Aethir Leads the Charge in the Vision for Decentralized Computing TACOM is designed to bridge the gap between traditional computing models…

South Africa’s Financial Sector Conduct Authority (FSCA) announced earlier this month that it has approved the licences of 248 firms to operate as crypto asset service providers (CASPs) while declining nine applications. The regulator has yet to make a decision on 56 more applications. South Africa Regulates Crypto Firms The regulator further revealed that it had received 420 CASP licence applications since the licencing process began on 1 June 2023. Additionally, 106 applicants voluntarily withdrew their applications after engaging with the regulator. “Reasons for the decline of CASP licence applications to date have included the failure of applicants to meet…

AI-powered market analyst AIXBT misreported FTX’s repayment size and schedule, but the agent quickly acknowledged its mistake. The automated blockchain analyst posted that FTX would distribute $16 billion to creditors via crypto exchanges Bitgo and Kraken within 60 days of Jan. 3. However, the artificially intelligent agent misinterpreted the timeline and repayment figures. Sunil Kavuri, a representative of the largest FTX creditor cluster, clarified that the court-approved reorganization plan will become effective on Jan. 3. Creditor distribution will begin within 60 days of that date, but repayments will not necessarily be complete in that time. Kavuri also stressed that FTX…