Author: NBTC
The Bank of Russia appears to be moving forward with plans to test cross-border crypto deals for qualified investors. Russia‘s central bank, the Bank of Russia, is considering amending the law to introduce a new category of “particularly qualified investors,” which would allow these individuals to trade crypto as the country explores the use of cryptocurrencies for cross-border transactions. In an interview published Monday, Aug. 26, in the Russian newspaper Izvestia, Alexey Guznov, the Bank of Russia’s state secretary and deputy governor, indicated a possible shift in the nation’s stance on cryptocurrencies. Guznov disclosed that the central bank is contemplating…
Solana-based meme coin HUND has seen significant gains, surging over 17% and gaining trending status on Google. At the time of writing, HUND was still up 9%, exchanging hands at $0.00942 per data from CoinMarketCap. The crypto asset also saw a 3.7% rise in its daily trading volume, currently hovering around $4.6 million. HUND 24-hour price chart | Source: CoinMarketCap Meanwhile, the meme coin’s total market cap jumped over 10% and currently holds at $3.7 million. However, HUND is still down 72% from its all-time high of $0.03415 reached on March 30. HUND is a German Shepherd-themed meme coin built…
A recent Fairleigh Dickinson University poll found that former President Donald Trump’s outreach to crypto owners is paying off this 2024 U.S. Presidential election season. It appears Trump’s embrace of cryptocurrency is paying off. The FDU poll revealed that Trump holds a significant lead among voters who own crypto or related assets, outpacing Vice President Kamala Harris by 12 percentage points in the 2024 U.S. Presidential race. The poll shows that 50% of likely voters who own crypto backed Trump, compared to 38% who support Harris. Conversely, among non-crypto owners, Harris leads by 12 points, garnering 53% support to Trump’s…
Major crypto exchange Bitget is gearing up to list Hamster Kombat’s native token, HMSTR, on its trading platform, expanding the reach of this popular crypto project to a global audience. According to the announcement, HMSTR will be available in the Meme and TON Ecosystem Zone on Bitget’s spot trading platform. Trading for HMSTR is set to begin on September 26, 2024. This listing fits Bitget’s strategy to offer a diverse range of digital assets to its users and underscores the token’s growing role within the Tap-to-Earn economy. Even before this official listing, HMSTR had already grabbed the attention of many…
The unique multiplayer online role-playing game World of Dypians (WoD) has teamed up with the Space ID protocol. DoW gamers, creators, and supporters can now create and own original in-game identities with customized domains, giving them a unique identity in the web3 gaming space. (Y) RT @drii08: Sabar sabar 🙂 RT @felixkentjana: Shawty don’t give a shit. Damn. http://myloc.me/97336 http://myloc.me/975t6 — felixkentjana (@felixkentjana) July 11, 2010 Space ID (ID) is a name service network for several blockchains. Users may register their Web3 domains on Arbitrum and BNA Chain, among other blockchains. Like the Ethereum Name Service, they can trade and…
Bitcoin started a downtrend soon when USDT exchange outflows surpassed $1 billion earlier this year, “suggesting investors may be adopting a risk-off stance,” IntoTheBlock said. The current price action “feels eerily similar” to last year’s when bitcoin traded sideways for two months after a large capitulation in August, one analyst noted. Cryptocurrency prices sharply rebounded from last week’s turmoil as bitcoin (BTC) rebounded to above $60,000 after falling below $50,000 during the Aug. 5 crash. But further upside might be elusive – at least based on one metric that has foreshadowed recent local tops. Crypto analytics firm IntoTheBlock noted that…
India’s retail CBDC pilot has over 5 million users with as many as 16 banks participating. The nation’s central bank Governor hinted at the possibility of avoiding a full-scale implementation. India’s central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC. The senior most official of the Reserve Bank of India (RBI) was speaking at at a conference in Bengaluru on Monday. India’s plans for a retail and wholesale CBDC were announced as part of…
Brazil just pulled the plug on X, Elon Musk’s social network. The decision came down hard on Friday after Elon refused to play by the rules set by a Brazilian judge. The country, home to over 200 million people, is now off-limits to what used to be Twitter. Alexandre de Moraes was the judge in question. His reason? X didn’t have a legal representative in Brazil, a requirement that wasn’t met because Elon shut down the company’s local office just days earlier. They’re shutting down the #1 source of truth in Brazil https://t.co/RasqcQ3ySM — Elon Musk (@elonmusk) August 30, 2024…
Floki Inu has officially announced the completion of the CAT airdrop snapshot for FLOKI token holders. The snapshot taken covers both FLOKI holders on the cryptocurrency exchange Binance and on-chain token holders simultaneously. The Floki team is currently actively coordinating with Binance to finalize the distribution timeline for the CAT airdrop. While the on-chain airdrop will occur around the same time, the distribution is expected to occur within the next two weeks. However, the exact timing will ultimately be determined by Binance. Floki also noted that FLOKI holders do not need to connect their wallets to any website to check…
Edo State, Nigeria – The Ministry of Digital Economy, Science and Technology Edo State, Nigeria, has formed a strategic partnership with INTMAX, the leading developer of Ethereum Layer 2 solutions. This collaboration comes amidst Nigerian pressures on the cryptocurrency industry, underscoring the commitment of Edo State to digital transformation and innovation.—This partnership grants INTMAX a significant opportunity to work directly with the Edo State Government, establishing a strong presence across various government parastatals. The primary focus of the collaboration is on capacity building within the state’s digital ecosystem, which will empower Edo State to leverage cutting-edge technologies and protocols for…