Author: NBTC
Hong Kong is quickly becoming a major player in the Web3 world, according to Yat Siu, CEO of a leading digital property rights firm. In a podcast, Siu observed that Hong Kong is establishing itself at the forefront of Web3 development, not just by advancing regulatory frameworks but also by enabling the trading of tokens through licensed exchanges. He added that Hong Kong was ahead of the curve on spot Bitcoin ETF futures, approving an ETH ETF before the U.S. Xiao Feng, chairman of the Hong Kong crypto exchange HashKey, shared Siu’s view. Feng highlighted the government’s dedication to making…
Ripple has unleashed 1 billion XRP from its escrow for July as scheduled, but this month’s escrow executions carried strange memos for community members. The escrow transactions occurred late July 1 via the Ripple 24 and 25 wallets. Notably, the company unlocked the 1 billion tokens in bits, with one transaction bearing a 500 million XRP value, while two other transactions unlocked 400 million and 100 million XRP. As is customary, Ripple has already returned 800 million XRP to escrow, with the leftover reserved for liquidation this month. Cryptic Memo Follows Ripple Unlock Interestingly, the July escrow transactions carried with…
TaskOn has recently teamed up with Nakapad, the creative project-launching platform. This alliance seeks to help creators advertise their projects, find fresh actual consumers, expand their community, increase volume, mint NFTs, or run a whitelist. TaskOn is delighted to announce our partnership with @Nakapad_io!Nakapad is a cutting-edge platform driving the next wave of Web3 innovation. With a robust launchpad, a comprehensive Web3 project toolbox, and NakaPump—the fairest meme token launch system—we’re building a… pic.twitter.com/MKBsnWocyj — TaskOn | Ultimate Web3 Community Growth Platform (@taskonxyz) August 28, 2024 TaskOn is a Web3 Collaboration Platform that provides users with a deep Web3 experience,…
Bitcoin.org, the website that introduced the world to decentralized digital currency, turns 16 years old today. Launched on August 18, 2008, by Bitcoin’s enigmatic creator, Satoshi Nakamoto, and early contributor Martti Malmi, the site remains a key resource for anyone seeking to learn about Bitcoin’s origins and evolution. Here’s a closer look at Bitcoin.org’s legacy, its role in the community, and some of the controversies surrounding it. The Birthplace of a Financial Revolution Bitcoin.org’s creation marked the beginning of a movement that would redefine money. Registered anonymously on August 18, 2008, the website became the first public space where the…
Good UX, good tokenomics, and good tech are all important. But these properties are worthless if there isn’t an even more precious attribute powering it all – liquidity. Exchanges, networks, and dapps live or die by liquidity. It is to traders what water is to humans. When liquidity runs dry, ecosystems start to wilt. No wonder that crypto builders devote so much resources to deepening liquidity. Whether it’s aping the latest memecoin on your favorite DEX or trading perps on a centralized orderbook, there needs to be sufficient liquidity to enter and exit positions at the desired price. Otherwise, you’re…
Ethereum experienced an outflow at the start of the week, according to recent data from Michael van de Poppe. Despite this, Bitcoin ETF has seen significant inflows. To regain upward momentum, Ethereum needs to break through 0.046 BTC resistance level. #Ethereum had outflow on the first day of the week, although it’s delayed information.There are 0 flows on BlackRock, while #Bitcoin ETF has provided a substantial inflow.Expecting this to pick up momentum, however, Ethereum still needs to break through 0.046 BTC. pic.twitter.com/9QmZXi2j6P — Michaël van de Poppe (@CryptoMichNL) August 20, 2024 Ethereum’s performance has been under scrutiny as it faces…
Data warehouse developer Space and Time Labs has raised $20 million in Series A funding to accelerate development at the intersection of AI and blockchain. Los Angeles-based developer Space and Time Labs has secured $20 million in Series A funding to accelerate its efforts to merge artificial intelligence and blockchain. Per an Aug. 27 press release shared with crypto.news, the round was led by a group of investors including Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital. Other investors such as DCG, F-Prime Capital, OKX Ventures, and Circle Ventures also participated in the funding. The funds are said to…
Iggy Azalea’s launched her own token on Pump.fun, and over a million others have been created too. But this could be bad news for investors… and the market overall. Table of Contents Memecoins for the masses Lightning strikes Is Pump.fun sustainable? There’s one thing that forever remains impressive about the manic world of crypto: how a new project can pop up and quickly take the world by storm. For our latest exhibit, let’s turn our attention to Pump.fun, which basically allows anyone to create their very own memecoin. It launched back in January of this year — and figures from…
Kima Network has collaborated with Oraichain to combine artificial intelligence (AI) with blockchain technology to create a robust ecosystem of smart contracts, AI-driven dApps, and decentralized services. 4/5🚀Finally, as part of this mutual exchange, Oraichain will introduce Kima to projects within its ecosystem, especially in the Cosmos network, while Kima will connect Oraichain with our partner network.🧐Curious to know more?🔗 Check out our partnership here:… — Kima Network (@KimaNetwork) August 28, 2024 Kima Network is a cross-ecosystem money transfer protocol that enables seamless and secure TradFi/DeFi interoperability without smart contracts. By introducing a new financial primitive — the Smart Transaction…
Michael Saylor, co-founder and chairman of MicroStrategy, has once again captured the attention of the crypto community. Amid a period of consolidation for the Bitcoin price, Saylor has delivered a message that has resonated across the crypto market. In his latest tweet, Saylor simply wrote: “Behold Bitcoin.” While the statement may seem brief and straightforward, its timing and context carry significant weight. Behold ₿itcoin pic.twitter.com/dG0aWK576T — Michael Saylor⚡️ (@saylor) August 17, 2024 Bitcoin, the largest cryptocurrency by market cap, is currently witnessing a period of relative consolidation hovering near the $60,000 to $62,000 range. Since Aug. 8 specifically, Bitcoin has…