Author: NBTC
During the past few weeks, Cardano has remained in the spotlight amid strong network activity. Current data from DeFiLlama shows that Cardano’s Decentralized Finance (DeFi) Total Value Locked (TVL) has unusually topped $210 million. Cardano notably grew its Total Value Locked gradually over the last few days. Much of this momentum is due to the growing adoption of its hosted decentralized applications. Cardano Lace Wallet Upgrade: What Changed? Additionally, the spike in Cardano’s TVL stems from the continuous improvements and updates regularly introduced on the protocol. – Advertisement – Regarding updates, Cardano’s light wallet platform, Lace, recently got a facelift.…
Crypto stakeholders, including Ripple CEO, raise concerns about Bob Stebbins’ candidacy for the SEC Chairmanship position, citing his past unfavorable regulatory actions. Investors have been optimistic about the future of the global crypto industry under Donald Trump’s administration. Consequently, many have closely followed the nominations of individuals into top roles, like the SEC and Treasury. So far, Trump’s transition team has appointed several pro-crypto candidates, including Elon Musk for Head of Department of Government Efficiency (D.O.G.E) and Robert F. Kennedy Jr. as Secretary for Secretary of Health. However, Trump has not announced who will replace Gary Gensler as the chairperson…
In an exciting move for blockchain developers, Ankr, a well-known provider of blockchain infrastructure, has announced a partnership with Story. Story is one of the most anticipated blockchain projects of 2024, boasting a $2.25 billion valuation. Further, it has a rapidly growing user base, with over 100 ecosystem partners actively building on their final testnet, Odyssey. Ankr’s collaboration with Story aims to streamline the creation of decentralized applications (dApps) on Story’s Layer-1 blockchain. Developers worldwide will soon be able to leverage Ankr’s high-performance RPC connections to Story’s testnet and upcoming mainnet. From blueprints to video game characters, developers will be…
Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions and old wallets reemerging on the blockchain, has published the details of an ancient wallet that was last used almost 14 years ago – when mysterious Bitcoin creator Satoshi Nakamoto was still an active participant of the BitcoinTalk forum. The Bitcoin contents of the awakened wallet are now worth millions if U.S. dollars after a parabolic increase over all these past years. 394,933% profit gained by ancient Bitcoin whale The wallet contained 150 Bitcoins that had been dormant for 13.3 years, according to Whale Alert. While back in 2011,…
Ripple recently released its Q3 2024 XRP Markets Report, discussing the performance of XRP and metrics affecting its price, volatility, and trading volumes. The report, based on data from top sources like Bloomberg, CCData, and Refinitiv Eikon, reveals a detailed look at the XRP market amid a quarter of major price movements and a rise in Bitcoin dominance. XRP Trading Volume and Market Activity According to Ripple, XRP’s average daily volume (ADV) on top exchanges ranged between $600 million and $700 million, confirming a growth in market interest despite prevalent price struggles. The ADV chart confirms that XRP’s trading volume…
Shaquille O’Neal, the legendary basketball player, faces a significant legal setback with the proposed $11 million settlement over NFT securities claims. This lawsuit highlights the evolving regulatory landscape surrounding NFTs, raising pressing questions about their classification as securities. As noted by a legal expert, “The implications of this case could set a critical precedent for how NFTs are viewed under U.S. securities law.” This article analyzes Shaquille O’Neal’s settlement in the NFT securities lawsuit and the broader implications for the crypto industry. Understanding the Legal Context of NFTs The recent developments surrounding Shaquille O’Neal and his NFT venture, Astrals, have…
P2P trading has been a part of the crypto industry since its inception with Bitcoin, but when it comes to other commodities such as energy, the concept of peer-to-peer trading is relatively new. Powerledger is DePIN project that makes software for utilities to help them innovate and make new products for their customers. By unlocking the potential for peer-to-peer trading of energy, Powerledger aims to create a more sustainable and efficient energy system. —In this interview, Dr Jemma Green shares her insights on the challenges and opportunities in the energy industry, as well as how Powerledger is revolutionizing the way…
Bitcoin price today: $67,000 Bitcoin bounces off the $66,000 level, with a possible recovery on the cards. Glassnode weekly report highlights an increasing presence of institutional investors in the digital asset space. BTC Futures Open Interest recorded a new ATH of $32.9 billion, indicating an influx of capital. Bitcoin (BTC) bounced back to trade slightly above $67,000 on Thursday after three consecutive days of decline since Monday. Reports indicate a growing presence of institutional investors in the digital asset space, as evidenced by the new all-time high in Futures Open Interest, which suggests optimism for Bitcoin’s price outlook. Bitcoin short-term…
Today, Chainlink announced its latest ‘RoadToSmartCon’ event, highlighted by more than 40 new project partnerships. This ecosystem-centric event involved stakeholders in the blockchain space while capturing the growing importance of Chainlink’s technology across the DeFi, Web3, and Financial services industries. This month, 40+ teams announced Chainlink integrations on the #RoadToSmartCon.At the main event, 22 key ecosystem projects launched major products that are set to shape the future of our industry.Check the comments to learn about the projects that were part of the journey ↓ pic.twitter.com/VLuUzNf8UG — Chainlink (@chainlink) November 1, 2024 Major Product Launches from Key Projects in RoadToSmartCon The…
South Korea’s parliament has decided to postpone its decision on crypto asset taxation with key issues like tax scope and exemptions. In the meeting held on Nov 19, the committee cited the need to prioritize other agenda items. The controversial move sparked debate between the ruling party and the opposition. The National Assembly Strategy and Finance Committee held a tax subcommittee meeting on November 19 on virtual asset taxation. However, the committee opted to delay addressing the taxation policy. Amid growing pressure to finalize a crypto tax policy, the ruling party has sought to delay implementation, a move opposed by…