Author: NBTC
VeChain and UFC have announced a partnership to advance the sustainability realization of the VeBetter ecosystem. The VeBetter platform was built in collaboration with the Boston Consulting Group (BCG) to use Decentralized Applications (dApps) to encourage sustainable activities. The world-leading mixed martial arts organization UFC has announced a strategic upgrade to its partnership with enterprise-grade blockchain VeChain (VET). According to the report, this collaboration would advance the VeBetter ecosystem while achieving its long-term sustainability goals using groundbreaking solutions. It’s official: We’re excited to announce the upgrade to our global partnership with the @ufc, as we join forces to grow the…
Ripple’s Brad Garlinghouse reveals his “de-banking” experience, reflecting regulatory pressures on notable crypto figures. Operation Chokepoint 2.0 highlights banking restrictions as U.S. regulators allegedly pressure banks to limit services for crypto leaders. Garlinghouse sees U.S. crypto policy changes ahead, encouraging optimism and support from both political sides for crypto growth. The CEO of Ripple Brad Garlinghouse talked about his experiences with “de-banking,” whereby he blamed the practice on regulatory constraints on the cryptocurrency sector. Garlinghouse talked about how, after 25 years with Citibank, he was given just five days to transfer his money out of his account. Citibank reportedly attributed…
Bithumb, one of South Korea’s largest exchanges, facilitating the withdrawal of 1.586 billion XRP. According to Whale Alert, the first significant transaction involved 586.09 million XRP, valued at approximately $296.95 million, sent to a newly created wallet, “rPyCQ,” just a day ago. This was the largest of three transactions, with the others comprising 200 million XRP and an additional amount close to that, amounting to a total of about $202.76 million. All these withdrawals were directed to newly established wallets. While large withdrawals from exchanges are typically viewed positively—often interpreted as major players moving assets to secure storage—this case appears…
Michael Saylor, Executive Chairman of MicroStrategy, recently tweeted about Bitcoin, which has sparked interest in the crypto community. “We only have winners on Team Bitcoin,” Saylor declared. The upbeat message came as Bitcoin (BTC) regained the $71,000 mark after falling below $69,000 earlier in today’s trading session. His latest tweet, referring to Bitcoin holders as “winners,” captures his optimistic outlook and hints at his belief in BTC’s long-term value despite recent market volatility. We only have winners on Team #Bitcoin. pic.twitter.com/7RjYmG0q8l — Michael Saylor⚡️ (@saylor) November 1, 2024 Bitcoin recovered some of its losses following two days of drops, reaching…
Puppynet, the testnet version of the Shibarium layer-2 solution behind the Shiba Inu (SHIB) cryptocurrency, is gearing up for major tech upgrades, according to a Friday announcement. Bor, one of the primary components of the network, will get a new version. This will be accompanied by the implementation of the Cancun hard fork. The upgrade is expected to bring faster transactions, ensure a more efficient storage system, and improve user experience. Testnets are networks that function in a similar way compared to actual networks. However, these networks are valueless. As the term suggests, such networks are meant to give developers…
Crypto exchange Coinbase has unveiled a new initiative in Singapore to foster the local developer ecosystem. Coinbase is doubling down on Singapore with a new engineering hub aimed at supporting local developers and expanding its presence in the Asia-Pacific region. In a blog announcement on Nov. 6, the U.S.-based crypto trading platform said the new hub will be focused on advancing blockchain through training and infrastructure. The initiative is set up in collaboration with the Singapore Economic Development Board. “With the Engineering Hub, we hope to empower local engineers to build the onchain economy and to make crypto more accessible…
J.D. Vance, Donald Trump’s vice presidential pick, holds between $250,000 and $500,000 in Bitcoin, according to federal disclosure forms filed in August, first reported by CBS News. His BTC holdings have doubled since his previous disclosures. In a 2022 report filed with the US Senate, he declared owning between $100,001 and $250,000 through Coinbase. While Vance’s wealth—estimated between $4.8 million and $11.3 million—is modest compared to Trump’s billion-dollar fortune, it surpasses the median US household net worth of $193,000, according to the report. Vance’s largest asset is a Charles Schwab account, estimated to be worth between $2.3 million and $7.7…
Ethereum’s price has been stuck in a consolidation phase, trading between $2,700 and $2,340, without a clear breakout in sight. Despite recent dips below its uptrend line, a historical pattern suggests the possibility of a future rally. If Ethereum can maintain key support levels, a breakout may be on the horizon. Ethereum Repeats History Analyst CryptoBullet recently highlighted that the ETH/BTC chart may be forming a bottom, resembling a pattern seen in late 2016. At that time, Ethereum rallied 2,738% over the following months. While such a spike is unlikely in today’s market, the formation is encouraging for investors. However,…
The cryptocurrency market saw a slight increase in trading activity this week, with global market capitalization rising by 3% over the seven-day period. This growing optimism has led whales to accumulate assets such as Telegram-linked Toncoin (TON), the leading altcoin Ethereum (ETH), and AI-driven Artificial Superintelligence Alliance (FET). Toncoin (TON) This week, crypto whales have paid attention to Toncoin (TON) as its price continues to grow. This rally comes a week after Telegram CEO Pavel Durov broke his silence regarding his arrest in France. At press time, the altcoin trades at $5.55, having seen a 16% price hike over the…
The ongoing legal conflict between Ripple Labs and the US Securities and Exchange Commission (SEC) continues to spark debate, with a $125 million fine levied against Ripple over alleged unregistered securities sales. Ripple recently appealed aspects of Judge Torres’s ruling, which categorised some XRP sales as unregistered securities, leading to questions over the SEC’s regulatory approach and potential impact on the broader digital asset sector. Ripple contends that the ruling misinterpreted the Howey test—a critical regulatory standard—and overlooked the regulatory ambiguities facing digital currencies. Where will Ripple’s $125 million penalty go? Ripple’s penalty has raised questions regarding the ultimate beneficiary…