Author: NBTC
Hedera has announced that it would provide access to Supra’s decentralized oracle price feed on its network. Hedera (HBAR) investors have failed to react strongly to this news as it fell by 3.8% in the last 24 hours. Hedera network has announced an integration that would allow users to access the decentralized Oracle price feed of Supra Labs through the DORA (Distributed Oracle Agreement) protocol. This comes after Python Network announced the launch of over 400 real-time price feeds on the Hedera network as published by the Crypto News Flash. According to the report, application developers would have access to…
TD Cowen, an investment bank, predicts that United States Securities and Exchange Commission (SEC) Chairman Gary Gensler will continue to file cryptocurrency lawsuits following the agency’s recent victory in the Coinbase insider trading case. Gensler “plans to file lawsuits to clarify the law before Congress creates a regulatory framework for crypto,” according to a note written Monday by TD Cowen Washington Research Group, led by Jaret Seiberg. The group anticipates Gensler will continue this litigious approach for at least the next two years, until his term ends in June 2026. Last week, a federal judge in the Western District Court…
The U.S. watchdog SEC received too many “political blowbacks” after having Bitcoin spot ETFs approved in the United States, seasoned legal expert says. As such, the most anticipated event for Ethereum (ETH) investors might be months away. “Political priorities” can prevent ETH ETF from being green-lit in 2024 The U.S. SEC is unlikely to approve exchange-traded funds based on spot Ether (ETH) in 2024, Variant’s Jake Chervinsky says. This sad outcome is caused by political reasons that put the SEC leadership under pressure. I am a lot less confident about ETH ETF approval this year than many of you are.The…
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nabiullina revealed that over 25,000 transactions were registered, and confirmed the pilot expansion later this year. Russian Digital Ruble Pilot ‘on Track,’ According to Governor of Bank of Russia Russia is progressing in its national tests of the Russian digital ruble, its central bank digital currency (CBDC). Elvira Nabiullina, governor of the Bank of Russia, recently offered an update on the advance of the digital…
Coinbase crashed again on Monday as the cryptocurrency market continued its frenetic Monday—marking the second time the U.S.-based exchange buckled under a surge of traffic in as many weeks. At 12:36 pm EST, Coinbase reported degraded performance on the exchange’s status page. As with last week’s crash, Coinbase users reported zero balances in their wallets. We are aware some users may experience increased latency across https://t.co/ohqDivlp6Y and a few users may see intermittent zero balance. Rest assured, your funds are safe. Our team is investigating this issue and will provide an update. Trading is not impacted at this time. —…
Immutable has crossed 200,000 unique gamers for its Web3 onboarding system platform Immutable Passport, designed to simplify for Web3 players to purchase items in blockchain games, without putting them through difficult signup procedures.— Immutable Passport is a non-custodial wallet and authentication solution that streamlines user onboarding through passwordless sign-on and automated wallet creation, allowing Web3 game developers to grow their communities through battle-tested security, frictionless gameplay, and access to a wide audience of gamers.Amongst the games available using Passport is Immutable’s own Gods Unchained, which recently launched its early access period for mobile platforms like iOS and Android earlier this…
Charles Hoskinson, the founder of Cardano, has recently voiced his perspective on the lawsuit filed by Elon Musk against OpenAI and its co-founders, Sam Altman and Gregory Brockman. This legal action marks a significant point of contention, spotlighting the debate over the foundational principles of OpenAI. Initially established as an open-source, non-profit entity, OpenAI has faced criticism from Musk for allegedly straying from its original mission. Charles Hoskinson’s commentary underscores the broader implications of the lawsuit, highlighting it as a potential landmark case that could redefine the operational boundaries of non-profit organizations in the tech industry. Allegations at the Heart…
Ethereum Price Analysis: The cryptocurrency market entered March with a surge in volatility as the Bitcoin price rally halted at $64000. A minor shift to sideways action has also impacted major coins like Ethereum, XRP, SOL, and BNB each wavering below their respective resistance. However, the massive inflow of capital in spot BTC ETFs which was one of the key reasons for the recent uptrend is still intact. As per recent highlights from Lookonchain on March 1st, Grayscale (GBTC) reduced its Bitcoin holdings by 3,606 BTC ($223M), while eight spot BTC ETFs, collectively added 10,999 BTC ($680M) to their portfolios.…
The BRICS grouping will create a payment system based on blockchain. The effort is part of a specific task for this year to increase the role of BRICS in the international monetary system. The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said. “We believe that creating an independent BRICS payment system is an important goal for the future, which would be based on state-of-the-art tools such as digital technologies and blockchain. The main thing is to…
SatoshiVM, a pioneering Bitcoin Layer2 project, has officially announced the launch date of its Alpha mainnet for March 15. The highly anticipated launch is set to revolutionize the blockchain space by introducing a suite of advanced features designed to enhance user experience and expand the capabilities of the Bitcoin network. Innovations on the horizon The Alpha mainnet phase marks a significant milestone for SatoshiVM, as it rolls out an array of innovative features that promise to redefine the landscape of cryptocurrency transactions. Among these, the introduction of SAVM staking stands out as a pivotal development, offering users a novel way…