Author: NBTC

Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months. The Lido Finance team announced on December 16 that it plans to discontinue all operations on Polygon following a DAO forum discussion and a community vote approving the move. According to the team, the decision to end Lido’s support on Polygon was made by Lido DAO (LDO) token holders, with the initial proposal forwarded by Shard Labs in 2021. You might also like: Grayscale launches Lido DAO and Optimism Trust Lido cited several challenges influencing the decision, including limited user adoption…

Amazon shareholders are requesting the company to consider adding Bitcoin to its balance sheet as a way to protect against inflation. This follows a trend where companies, including Microsoft and Tesla, are exploring Bitcoin as an asset. Amazon’s shareholders are asking the company to consider adding Bitcoin to its balance sheet, following in the footsteps of other big companies like Microsoft and Tesla. This proposal is part of a bigger trend where companies are considering Bitcoin to protect their money from inflation and make more money for their shareholders. Why Bitcoin for Amazon? As Inflation is going up, cash and…

A prominent Spanish bank has made waves in the financial world by allocating 2% of one of its managed funds to Bitwise’s Aptos Staking Exchange-Traded Product (ETP). Listed on the Swiss SIX Exchange, this ETP allows investors to stake Aptos (APT) tokens and earn passive income, making it an innovative option for traditional financial institutions looking to integrate crypto into their portfolios. The move is seen as a significant step toward mainstream adoption of cryptocurrencies, with industry experts wondering whether other institutions will follow suit. Snap | Source: X This groundbreaking development was announced by Bitwise Asset Management CEO Hunter…

IOTA is preparing for a potential integration with Coinbase’s Rosetta, an open standard designed by Coinbase to streamline the incorporation of blockchain-based tokens on exchanges. Rosetta simplifies the compatibility process with exchanges, speeds up the integration of new blockchains, and protects customer funds by guaranteeing that essential security standards are met. IOTA is carving out its own niche in the cryptocurrency landscape by actively pursuing global adoption and breaking away from traditional norms. According to Salima, an IOTA fanatic, IOTA could be looking to integrate with Coinbase’s Rosetta standard, a move that would be instrumental in achieving seamless connectivity with…

Brad Garlinghouse, CEO of Ripple, emphasized the remarkable success of U.S. spot Bitcoin exchange-traded funds (ETFs), describing them as the most successful ETFs in the nation’s history. He criticized skeptics who doubted the potential of digital assets. Meanwhile, Bitcoin’s price dipped below the $100,000 mark in the past 24 hours. In a 60 Minutes interview, Garlinghouse noted that spot Bitcoin ETFs accumulated assets faster than any previous ETF in the U.S. Garlinghouse addressed long-standing skepticism toward blockchain technology, saying it is common for new industries to face doubt. However, the rapid success of spot Bitcoin ETFs shows cryptocurrencies are more…

MicroStrategy’s (MSTR) addition to the Nasdaq-100 index is a big deal, but its potential inclusion in the U.S’s S&P 500 index could be an even bigger opportunity in the medium-term, broker Benchmark said in a report Monday. The index provider announced on Friday that MicroStrategy would be added to the Nasdaq-100 on December 23. The company founded by Michael Saylor easily meets S&P 500 inclusion criteria in terms of market cap and trading volume, but currently does not meet two other requirements, the report said. The company needs to report positive earnings for the most recent quarter and “total positive…

TapSwap, has announced the listing of the $TAPS token and the official launch of the Token Generation Event (TGE) for January 2025. This denotes a major landmark achievement for TapSwap which has climbed sharply in popularity following it emerged in February this year, grasping the attention of the 50M+ players worldwide. TapSwap, an innovative tap-to-earn app backed by TON Blockchain disclosed this development in a recent announcement. TapSwap Announces $TAPS Token to Boost Skill-Based Gaming TapSwap’s swift success emerges from its simple however highly engaging gameplay, letting players earn rewards. In this respect, the players just need to tap an…

In a strategic turn of events, TOX has announced its new exciting partnership with Infiblue World. This move is considered a strategic move to revolutionize virtual social experiences. This collaboration aims to explore integration opportunities that will benefit the communities of both partners and set the stage for innovative developments within the Web3 ecosystem. TOX is a decentralized social platform while Infiblue World is a blockchain-based metaverse platform. TOX has announced this strategic partnership via its official X account. 🚀 Kicking off the week with an exciting partnership!We’re thrilled to introduce our latest partner, @InfiblueNFT ! 🎉⭐️ @InfiblueNFT is a…

The derivatives market is pointing to a small chance for further upward momentum for Bitcoin next month, following the asset’s historic rise above $100,000 last week. That’s according to Sean Dawson, head of research at DeFi derivatives protocol Derive. “We continue to see a 10.5% probability of Ethereum reaching $6,000 and a 6% likelihood for Bitcoin surpassing $150,000 by January 31,” Dawson told Decrypt. “Regarding the 25 delta skews, they’ve remained stable since last week, showing no significant shifts, Dawson added. “It appears the market has consolidated its position over the weekend.” The 25 delta skew measures the market’s bias…

The Hashgraph Group (THG), the Swiss-based international business, venture capital, and technology company, that operates exclusively within the Hedera ecosystem, has secured a fund management license through its subsidiary Hashgraph Ventures Manager Ltd in ADGM UAE. The $100 million global Web3 venture capital fund (Hashgraph Venture Fund) is licensed by the ADGM’s regulatory authority, the Financial Services Regulatory Authority (FSRA). Hashgraph Ventures Manager will make strategic investments in deep-tech companies that are developing innovative solutions in AI, IoT, blockchain/decentralized ledger technology (DLT), robotics, and quantum computing. The Hashgraph Association will seed the fund with $20 million The Hashgraph Association (THA)…