Author: NBTC
Dr. Adam Back, cofounder and CEO of Blockstream, is a British cryptographer and computer scientist, widely known for his 1997 invention of Hashcash, the proof-of-work system foundational to bitcoin mining. As CEO of Blockstream, Dr. Back plays a central role in developing infrastructure and scaling solutions shaping the future of finance on Bitcoin. Key Blockstream innovations include the Liquid Network, Bitcoin’s first and leading sidechain, designed to enable faster, more confidential transactions, as well as the seamless issuance of digital assets, including stablecoins and tokenized real-world assets (RWAs). Back is widely known in the crypto community because he had communications…
Ozean, a blockchain for the yields of Real-World Asset for Clearpool, has partnered with HELIX, an institutional-level RWA DeFi protocol. The partnership represents an important evolution of decentralized finance (DeFi) since Ozean connects private credit and fixed-income assets to the blockchain. HELIX will use a Big Data Credit Analytics platform to distribute private credit funds, money market products, and syndicated loan facilities to onboard users for off-chain investment products. HELIX Brings Institutional-Grade Private Credit to Blockchain HELIX delivers comprehensive on-chain fixed-income solutions, including private credit funds, money market funds, and syndicated loan options. It applies rigorous risk management to ensure…
In premarket trading MicroStrategy’s stock MTSR surged an impressive 13%, riding high on the heels of Bitcoin’s most recent all-time high above $75,000. The company’s audacious plan to closely link its value to Bitcoin’s performance is reflected in this spike in MSTR. In addition to highlighting the worth of MicroStrategy’s sizable Bitcoin holdings, the rising price of Bitcoin also highlights how successful Michael Saylor’s strategy for cryptocurrency investing is. At current prices, MicroStrategy owns about 158,245 BTC, which is worth over $11 billion. Significant profit in the company’s holdings suggests that the dollar-cost average strategy and the longer term bullish…
The IOTA Foundation, in collaboration with the European Commission, has developed three blockchain-based solutions under the European Blockchain Pre-Commercial Procurement (PCP) program. These initiatives also include Digital Product Passports for electronics and plastics, ensuring lifecycle traceability and Intellectual Property Rights. The IOTA Foundation has been building revolutionary products across different industry verticals and has been working with the European Commission to get innovative blockchain-based solutions aimed at enhancing transparency across various sectors. These initiatives, developed under the European Blockchain Pre-Commercial Procurement (PCP) program, focus on advancing blockchain technology solutions. Let’s take a look at the three strong projects worked out…
The collaboration between l’Inter and Sorare brings fantasy football to blockchain in Italy, opening new horizons for fans and offering innovative digital experiences for collectors. Let’s see all the details in this article. Sorare and Inter together to bring fantasy football to the blockchain Game modes and advantages of the blockchain Sorare and Inter together to bring fantasy football to the blockchain Sorare, the blockchain platform dedicated to fantasy football and digital cards, continues its expansion in the Italian market thanks to a new partnership with Inter. With this collaboration, the nerazzurri team joins the list of Serie A clubs…
In the past 20 hours, WisdomTree, a major ETF issuer in the U.S., executed a large transaction, transferring 8,258 Bitcoin (BTC), valued at approximately $600 million, and 48.83 Ethereum (ETH), valued at nearly $125,000, to the Coinbase exchange. As of January 2024, New York-based WisdomTree manages approximately $99.5 billion in assets globally, with investments spanning multiple asset classes and countries. Its holdings include allocations to Bitcoin, Ethereum and select altcoins through cryptocurrency-backed funds. After this recent transaction, WisdomTree still holds 5,611 BTC, valued at approximately $388 million, and 16,767 ETH, valued at approximately $41.9 million. However, these transfers have raised…
Bitcoin and DeFi altcoin prices surged after it became apparent Donald Trump had secured multiple paths to the White House. Decentralized finance token prices jumped over 14% in 24 hours as crypto industry leaders celebrated Trump’s victory as the 47th U.S. president. The top 100 DeFi coins by market cap rose above $78 billion, according to CoinGecko, with frontrunners like Chainlink (LINK), Uniswap (UNI), CoW Protocol (COW), Aave (AAVE), LidoDAO (LDO), and Maker (MKR) recorded double-digit increases. CoW Protocol’s 84% increase was the largest daily gain, while UNI and Aave both grew nearly 30% as crypto investors took a victory…
Cryptocurrency users from across the globe are welcoming the success of Polymarket, a Polygon-based on-chain prediction market. During the U.S. presidential election last night, it handled enormous traffic increase with zero delays and surprisingly evolved into a go-to source of live news about election results. “Huge win for Polymarket”: Crypto Twitter excited as largest PM app works like clockwork Polymarket, a mainstream crypto-based PM app on Polygon (POL), made headlines last night. As the entire world was closely watching the statistics of U.S. presidential elections, Polymarket dashboards suddenly emerged as the most up-to-date data sources. I just got word that…
Bitcoin (BTC) and one or two layer-1 blockchains are likely to outperform the market, said Matthew Sigel, VanEck’s head of digital asset research. Speaking to Blockworks, Matthew Sigel said that in the long term, the economic value of the cryptocurrency sector will largely consist of just a few layer-1 networks. Stating that investors will turn to DePIN and DApps in the future, Sigel predicted that the economic value will be obtained by Bitcoin and Solana (SOL). “One to three types of layer-1 blockchains are likely to capture 99% of the economic value… My intuition is that the overwhelming majority of…
Ozean, the blockchain for real-world asset yield launched by decentralized finance credit pool platform Clearpool, has announced a strategic partnership with tokenized fixed-income platform HELIX. Built on Optimism (OP) and powered by Clearpool’s CPOOL, Ozean is a permissionless Ethereum layer-2 platform aiming to accelerate the future of on-chain private credit. According to an announcement, Ozean intends to achieve this through its partnership with HELIX, a platform providing institutional-grade RWA opportunities via tokenization of private credit and fixed income. Read more: Hex Trust teams up with Clearpool to launch Ozean Clearpool and HELIX have reportedly managed nearly $1 billion in combined…