Author: NBTC
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final implementation. Brazilian Congresswoman Warns About the End of Physical Money at the Hands of Drex Julia Zanatta, a Brazilian Congresswoman, alerted about the possible end of physical money as the country advances in implementing drex, the national central bank digital currency (CBDC). In a recent interview, Zanatta explained that she is already planning to establish…
Orochi Network has announced an exclusive collaboration with Crypto Rumble, the earliest on-chain game for tile-matching. The partnership aims to increase the zero-knowledge technology’s adoption within the Web3 realm, guaranteeing efficient asset ownership, transparency, and fairness. The platform took to social media to disclose this collaboration. 🐲 Orochi x @cryptorumble_io 🌕 We’re now ecosystem partners! Crypto Rumble is an on-chain match-three game with ZK tech for fairness, transparency, and true asset ownership!This partnership is about scaling ZK adoption across Web3. 🚀 pic.twitter.com/EWtLcP4gZj — Orochi Network (@OrochiNetwork) December 27, 2024 Orochi Network Partners with Rumble to Improve In-Game Experience with ZK…
As chatter grows around the idea of a U.S.-led bitcoin strategic reserve, the topic has ignited lively debate. Some enthusiasts view it as an inevitable move toward global bitcoin adoption by nation-states, while others decry the notion as a betrayal of the cryptocurrency’s core philosophy. Contrasting Opinions Surface on the U.S. Adopting a Bitcoin Reserve The buzz around the United States potentially building a strategic bitcoin (BTC) reserve is only getting louder, thanks to recent political dynamics and ongoing economic debates. What once sounded like a wild idea is now turning into a hot topic, largely due to Donald Trump’s…
Tether, the world’s largest stablecoin, used 2024 to grow its market capitalization by nearly $50 billion, its investments across a variety of industries, its product lines, and its political influence. Cantor Fitzgerald Tether stores a massive portion of its reserves at Cantor Fitzgerald, a firm that has been led by Howard Lutnick. Lutnick, for his part, has been willing to publicly endorse the often beleaguered stablecoin, saying he is “a big fan.” Lutnick is also an important political figure, serving as co-chair of the transition committee for President-elect Donald Trump. He was also floated as a potential Treasury secretary before…
The price of Dogecoin (DOGE) recently experienced a mild correction, dropping from a high of $0.4675 to a low of $0.4393. At the time of writing, the price was down 3.17% in 24 hours to $0.4443. Despite this sell-off, the DOGE whale outlook looks promising, signaling an impending parabolic run ahead. Dogecoin whales and price reset According to data from IntoTheBlock, Dogecoin whale transactions are up by 41% to $23.35 billion. The digital currency has remained a favorite for market whales, as many banks are trying to accumulate more. Per ITB data, whale transactions are those worth $100,000 and above.…
Bithumb CEO, Celebrity Golfer Sentenced for Altcoin Bribery Scam: Court Unveils $2M Fraud Case Altcoin Price Rigging: South Korean Court Jails Bithumb CEO and Golfer Ahn Sung-hyun A South Korean court has sentenced a celebrity golfer and the former CEO of Bithumb, a major crypto exchange, to prison for their roles in a bribery and market manipulation scheme. Lee Sang-jun, the former CEO of Bithumb, was sentenced to two years in prison, while Ahn Sung-hyun, a well-known golfer married to actress Song Yu-ri, received a four-and-a-half-year sentence. Altcoin Price Manipulation and Bribes The trial, held on December 26, revealed surprising…
Multi-chain launchpad for Web3 projects, Spores Network announces a new collaboration with the decentralized all-in-one trading platform Salt TradingApp. This partnership is here to redefine blockchain trading by integrating the power of both platforms, as well as providing users with improved experiences and connecting GameFi, Metaverse, and DEX. 🔔 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒𝐇𝐈𝐏 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐄𝐌𝐄𝐍𝐓: 𝐒𝐏𝐎𝐑𝐄𝐒 𝐱 𝐒𝐀𝐋𝐓 🔔🎉 We are excited to announce our collaboration with Salt!⚡️ 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐥𝐭:@Salt_TradingApp is a decentralized, all-in-one trading platform designed to make trading across blockchain… pic.twitter.com/QZPDLrJ7rH — Spores Network (@Spores_Network) December 27, 2024 This cooperation is one of the latest examples of the increasing use of blockchain…
This is a segment from the Empire newsletter. To read full editions, subscribe. We’ve written about some pretty bullish calls on Empire (some of which you’ll find below). Why not keep that trend going? So far this year, crypto venture capital looked a lot like a roller coaster. Third-quarter activity was slightly down, PitchBook’s Robert Le told me, but that could be associated with the summer lull. “There was a lot of momentum and positive sentiment at the beginning of the year, and then … around the summer time … there was a slowdown in investments. And I think the…
Funds continue to pour into the crypto market as the bull run progresses, as demonstrated by significant growth in the total value locked (TVL) across leading blockchains. Over the past seven days, Ethereum stood out with a remarkable $7.79 billion increase in TVL. This surge reinforces Ethereum’s decentralized finance (DeFi) dominance, with its ecosystem continuing to attract investors and developers. Tron followed with a $900.23 million increase in TVL, driven by recent significant changes in TRX’s price performance. Solana also experienced notable growth, adding $618.4 million in TVL. Comparing TVL Trends Across Blockchains The latest data reveals contrasting trends across…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the United States is often seen as a leader in both financial and technological advancement, it has clearly struggled in recent years to establish clear (and consistent) crypto regulation frameworks. You might also like: Can global regulation keep up with the tokenization boom? | Opinion This lack of clarity has allowed other countries, particularly in the Middle East and Asia, to take the lead. High-growth economies in these regions are creating frameworks tailored to digital assets,…