Author: NBTC
Enjin, the famous platform that develops blockchain solutions concerning the gaming industry, has initiated an exclusive partnership. The company is reportedly joining forces with a leading music artist “George Murphy” as well as “The Rising Sons” to occupy a significant position in the sector of real-world assets. In this respect, the platform has already sold up to 50M vinyl records. Enjin Partners with George Murphy to Innovate the Real-World Asset Sector George Murphy operates as a widely-selling music artist as well as a songwriter. He has collaborated with Enjin to impact millions of music listeners and artists around the globe.…
Oasis Pro, a provider of global fintech infrastructure for real-world assets and digital securities, is partnering with Rise & Shine Partners to launch the R&S Avalanche Infrastructure Fund in the coming months. Rise & Shine Partners, the manager of the Fund, purposes the Fund as an investments fund. It aims to help Avalanche achieve this growth by providing direct staking to Avalanche infrastructure, network, and applications. Rise & Shine Partners Identify Growth of Avalanche Network Oasis Pro Markets, a subsidiary of Oasis Pro and a member of FINRA / SIPC, has been engaged as the Fund’s placement agent. This partnership…
Contrary to the prevalent belief across the XRP community, Ripple CTO David Schwartz has reiterated that he is not a billionaire. Schwartz re-emphasized this position in a recent post on X when a surprised XRP enthusiast noted the Ripple CTO’s perspective during a live NBA league. Specifically, Schwartz had commented on the recent Golden State Warriors vs. Utah Jazz match, sharing a photo depicting the event’s record. The camera angle suggested he was at an elevated vantage point. This prompted questions from an XRP enthusiast who wondered how Schwartz, supposedly a billionaire, did not have courtside seats for a premium…
The Financial Conduct Authority (FCA), the UK’s financial regulator, has issued an urgent warning about Digital Assets Nest, a crypto investment firm. The FCA warns that this firm is promoting financial services without proper authorization, posing significant risks to investors. FCA Flags Digital Assets Nest as an Unauthorized Crypto Firm In its warning about Digital Assets Nest, the FCA advises against dealing with this firm to avoid potential scams. The agency stated that engaging with such firms can result in significant financial losses. It encourages investors and traders to ensure they deal with authorized firms to safeguard their investments and…
A technical malfunction at the New York Stock Exchange on Monday caused a temporary disruption in trading, leading to a significant drop in the A-class shares of Berkshire Hathaway, the investment conglomerate chaired by Warren Buffett. The glitch, which prompted trading halts and sparked an investigation by the NYSE, attracted the attention of the cryptocurrency community. This caused a particularly funny reaction in the crypto community. So many crypto enthusiasts reminded Warren Buffett of his criticism of the main cryptocurrency. In particular, the famous investor called Bitcoin a “gambling asset” that is worthless. Many noted that, unlike Berkshire Hathaway stock,…
The price of Curve DAO (CRV) plummeted by up to 35% within a few hours. This sharp decline came after news broke that Michael Egorov, the founder of Curve, might face liquidation. Egorov, a key figure in the decentralized finance (DeFi) sector, is currently navigating a precarious trading situation. Curve Founder’s Potential Liquidation Causes Panic According to Arkham, an on-chain analysis platform, Egorov is close to seeing $140 million worth of CRV liquidated. He has borrowed around $95.7 million in stablecoins, primarily crvUSD, against $141 million in CRV distributed across five accounts on various lending protocols. “Based on current rates,…
In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling a robust expansion within the Web3 sphere. Report Reveals Emerging Dynamics in Bitcoin Ordinals and Runes Market Coingecko’s latest report highlights the burgeoning interest in Bitcoin NFTs, with specific collections like Nodemonkes and Bitcoin Puppets leading the charge. In May 2024, Nodemonkes boasted a market cap of $198.25 million, while Bitcoin Puppets reached $144.12 million. The study shows daily…
AI startup Mistral has closed a substantial €600 million (about $644 million) funding round, the Paris-based firm announced on Tuesday. The fundraise was reportedly based on a company valuation of $6 billion—a nearly threefold increase from its $2 billion valuation in less than six months. “Mistral AI has grown about 3x in valuation since December and about 25x in the last 12 months,” Mistral AI researcher Devendra Chaplot wrote on LinkedIn—adding that the company is hiring. The Series B fundraising round was led by General Catalyst, with participation from notable investors like Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture…
Wisconsin’s recent disclosure of a $162 million investment in Bitcoin through ETFs managed by BlackRock and Grayscale has caught the attention of market analysts and investors alike. This investment, part of a massive $180 billion fund, suggests a strategic approach by the state to cryptocurrency. Marquette University professor emeritus David Krause commented on the development, describing it as an “entry point” and predicting that this move could be a “trial run” for further investments. Krause anticipates other states will follow Wisconsin’s lead, enhancing Bitcoin’s legitimacy in institutional circles Bitcoin IFP verisi güçlü boğa sinyalleri üretiyor.”Büyük borsalardan türev borsalarına yapılan transfer…
Raydium, a decentralized finance (DeFi) protocol operating on the Solana Blockchain, has integrated with Serum DEX, enhancing trading capabilities through an automated market maker (AMM). By combining the flexibility of AMMs with the reliability of traditional order book mechanisms, Raydium facilitates efficient, liquid, and cost-effective trading. Users can earn RAY coins by providing assets to liquidity pools and staking these tokens for additional rewards. Additionally, Raydium’s AcceleRaytor platform assists new projects in raising capital within the Solana ecosystem. Contents hide 1 How Does Raydium Work? 2 What Sets Raydium Apart? 3 Key Benefits for Users 4 Conclusion How Does Raydium…