Author: NBTC
Rain, a global card issuing platform that uses stablecoins, has secured $24.5 million in funding led by Norwest Venture Partners. Additional participants include Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka, alongside existing investors such as Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital. This investment will enable Rain to enhance interoperability with existing financial systems, broaden its global presence, and advance its stablecoin authorization and settlement infrastructure. The company has experienced significant growth, with a 15-fold increase over the past year and transaction processing in over 100 countries, according to a company release. You might…
As enthusiasts eagerly await the next XRP upsurge, some have identified an additional bullish factor in the trend of meme coins on the XRP network. Crypto pundit Billy Mays recently tweeted his excitement about the future potential of XRP, highlighting an often-overlooked aspect of the XRP Ledger (XRPL) — the growing use of memes. Mays suggests that this playful use of the network is just one more reason why XRP is poised for significant growth. According to Mays, XRP’s purpose extends beyond just cryptocurrency transactions. He believes the innovative technology behind XRP is on track to change the way people…
The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) is officially over. Last week, the SEC decided to drop its appeal, clearing the way for a final resolution that both sides have now agreed on. As part of the settlement, Ripple will pay a $50 million fine, which will be held in an interest-bearing account. Additionally, Ripple has agreed to drop its cross-appeal, meaning they won’t challenge the SEC’s earlier rulings anymore. A key part of the resolution is that the court will lift the injunction (a legal restriction) that had been placed on Ripple at…
Bybit, the world’s 2nd largest cryptocurrency exchange in terms of trading volume, has received the “Best Crypto Exchange UAE 2025” distinction from the Global Business & Finance Magazine Awards. Bybit received this recognition because of its expanding market presence in the United Arab Emirates’ digital asset field and its dominant regional expansion. The Global Business & Finance Magazine Awards earn distinction because of their quantitative assessment procedure. They conduct an annual program to recognize companies and individuals who bring exceptional value through contributions to finance and business operations across worldwide markets. Bybit received this recognition through its steady market development,…
An analyst known for making timely Bitcoin calls believes that BTC needs one final leg down before sparking a new parabolic surge. In a strategy session, pseudonymous analyst Credible Crypto tells his 67,800 YouTube subscribers that Bitcoin appears to be in the midst of a corrective wave two within a five-wave rally. Credible practices the Elliott Wave theory, which states that a bullish asset tends to see a five-wave surge where waves two and four are corrective periods and waves one, three and five are upside moves. According to the crypto strategist, it is within the realm of possibility for…
In its annual report, Malaysia’s central bank outlined plans to support asset tokenization and explore digital asset technologies without plans to recognize crypto as legal tender. Malaysia‘s central bank, Bank Negara Malaysia, has rolled out its 2024 annual report, highlighting the growing recognition of tokenization for its potential to drive efficiency in the financial system while still exercising caution around the risks of cryptocurrencies. In a March 24 research report, the central bank said that in Malaysia, the crypto market “remains active but small compared to the overall size of the domestic financial market.” “Based on the cumulative net deposit…
In this post: Liberland LLD token surges as the country gains global attention as the world’s first Decentralized Autonomous Government (DAG). Liberland is in talks with KuCoin and other platforms in a bid to widen its centralized exchange reach. The country disclosed that it is expecting a TRON bridge and a BNB bridge this month. Liberland’s official cryptocurrency, the Liberland Dollar (LLD), has surged in price to an all-time high of $26.82 in the last 2 hours. The rise in the country’s official digital asset reflects growing investor confidence in Liberland’s new governance model powered by blockchain technology. The self-proclaimed…
The long-running legal battle between the SEC and Ripple has reached its final stages. Last week, the SEC agreed to drop its appeal without conditions, and Ripple has now decided to drop its cross-appeal. Under the terms of the agreement, the SEC will retain $50 million of the $125 million fine, which is already held in an interest-bearing escrow account, while the remaining balance will be returned to Ripple. The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…Last week, the SEC agreed to drop its appeal without…
Key Takeaways A Binance employee was caught in an insider trading scheme using confidential information. A $100,000 reward is being distributed among whistleblowers who reported the incident. Binance has suspended an employee after an internal investigation revealed the individual engaged in insider trading linked to a token generation event (TGE), according to a Monday announcement from Binance Wallet’s X account. According to Binance, the employee, who recently transferred to Binance’s Wallet team from a business development role at BNB Chain, allegedly used multiple wallet addresses to purchase tokens before their public launch announcement. After the project publicly disclosed the TGE,…
Bitcoin, the largest cryptocurrency by market cap, may imminently target a new all-time high, spurred by its strong correlation with gold. Gold is booming amid global market instability. The precious metal, primarily seen as a safe haven during economic crises, broke past its previous all-time high in late January and has consistently hit new highs. The asset started the week with a bang, meeting its 2.2% gains from the previous week in just two days. If the asset holds above its current peak of $2,942 per ounce, it will mark its seventh consecutive week of price appreciation. On the other…