Author: NBTC
I’ve already written about the way Bitcoin and cryptocurrencies have been oozing their way into popular culture for years now, mainly covering Netflix’s quippy one-off jokes about dating crypto bros, or more nefarious criminal plot points involving money laundering. But for the first time (as far as I can tell, it’s really the first time, unlike many a crypto press release announcing a new kind of tech), a play entirely about Bitcoin was put on in New York. “Off Broadway,” or even Off-Off Broadway, if I need to get technical, written by CoinDesk crypto journalist and editor Ben Schiller. I…
Prominent crypto expert NotFinancialAdvice (NFA) suggests that the FUD surrounding XRP and Ripple could be part of a strategy to prevent retail investors from purchasing XRP at low prices. According to a short clip posted on X yesterday, the market pundit noted that he no longer believes in FUD (Fear, Uncertainty, & Doubt) surrounding XRP and Ripple. Persistent FUDs Targeting XRP and Ripple Like many cryptocurrencies, XRP has received its fair share of FUD. Over the years, multiple commentators have circulated different narratives about the coin, which some believe is an attempt at manipulating market sentiment. Earlier this year, pro-XRP…
The UK’s Financial Conduct Authority has successfully prosecuted two men involved in a £1.5 million cryptocurrency investment fraud scheme that targeted 65 investors. Raymondip Bedi and Patrick Mavanga deceived potential investors by promising high returns through fraudulent crypto investment platforms, according to the FCA. Between February 2017 and June 2019, Bedi and Mavanga reportedly cold-called consumers and directed them to professional-looking websites advertising lucrative crypto investments, which turned out to be scams. By establishing credibility with a sophisticated online presence, the duo convinced victims to invest their money, resulting in over £1.5 million (approximately $1.95 million) in losses for 65…
DeFinity Markets, a platform offering institutional digital asset matching and settlement for both fiat and crypto, has integrated Fireblocks into its system. Fireblocks, known for its secure infrastructure in blockchain applications, will help facilitate safe storage and transactions for select API clients. Manu Choudhary, CEO of DeFinity Markets, Source: LinkedIn “We are delighted to work with Fireblocks as it fits well into our strategic vision and roadmap of providing PB credit intermediated trading services for digital asset clients in the TradFi space,” Manu Choudhary, CEO of DeFinity Markets, commented. The integration combines Fireblocks’ security with DeFinity’s advanced trading and settlement…
South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit. According to a Business Korea report published on Nov. 8, Korbit has signed a business agreement with U.S major crypto exchange Coinbase to host the Base Chain Network on their platform. Through Korbit’s collaboration with Coinbase, its users can now perform multi-chain deposits and withdrawals directly on the Korbit platform. For instance, users can deposit Ether(ETH) on the Ethereum Chain and withdraw it on the Base Chain(BASE) and vice versa. In return,…
Sixteen years ago today, the Bitcoin whitepaper was released by the pseudonymous Satoshi Nakamoto. Now, a British-Asian macroeconomist claims that he is the elusive creator of the leading cryptocurrency, as he revealed Thursday at a small event in London. On Wednesday, a press release was blasted to journalists, claiming that “a live demonstration” would be conducted to “conclusively” prove that the real Satoshi has been identified. The event was held at the Frontline Club, a prestigious pub in London that insisted it is not affiliated with the event, costing £500 a ticket—with tweeted event photos suggesting that only a handful…
In a recent tweet, a crypto-lawyer Metalawman revealed the Massachusetts Senate and Presidential reace results, sparking a heated response Ripple CEO, Brad Garlinghouse. According to the crypto-lawyer’s tweet, Elizabeth Warren won the Senate race with 59.6% of the vote, while Kamala Harris took Presidential race with 61.3%. If you needed even clearer evidence that the crypto voter is alive and well, here it is in the data… I hope the Dems find a way to hold @GaryGensler accountable for ignoring the law. https://t.co/rJA2SCczG6 — Brad Garlinghouse (@bgarlinghouse) November 7, 2024 In the Massachusetts Senate race, Democrat Elizabeth Warren secured a…
The Polish Financial Supervision Authority has added four new entities to the public warning list, including operator of Crypto.com. Crypto.com‘s Maltese operator Foris DAX MT has been placed on the Polish Financial Supervision Authority — also known as KNF — alert list after allegedly providing financial services in Poland without the required authorization. The listing, made on Nov. 6, follows allegations that Foris DAX MT violated local rules, specifically in areas of financial advisory, per the list’s description. The case will be handled by the regional prosecutor’s office in Warsaw. You might also like: Poland’s Pekao Bank using blockchain to…
Injective has announced its partnership with the AI Alliance Fetch.ai. The integration fuels blockchain innovation and interoperability by bringing together two leading players in the Web3 sector. The platform shared details of the integration on Social Media X. According to Injective, the integration is the beginning of its long-term partnership with the ASI Alliance. Both teams are focused on exploring cutting-edge use cases, pioneering product development, and joint research initiatives. Injective noted that its integration with ASI Fetch.ai combines the capabilities of both organizations. As such, the initiative leverages Injective’s dominance in the DeFi sector as well as ASI’s cutting-edge…
The latest Bitcoin (BTC) rally near an all-time high coincided with a recovery of the US dollar against other currencies. In the past 60 days, the correlation of BTC to the direction of the US dollar was negative, but that trend may shift after the Presidential elections. Bitcoin (BTC) may be seeking direction based on global economic and financial indicators. For the last 60 days, the BTC correlation to the US dollar is negative. The USD recovered against the basket of six currencies, which makes up the DXY index. The DXYindex is one of the clearest switches for risk on…