Author: NBTC

This is a segment from the Empire newsletter. To read full editions, subscribe. It’s honestly difficult to recap the biggest narratives of 2024 simply because there were so many, but if I were to engage in that exercise then I’d have to say that tokenization — and BlackRock’s grand entrance into crypto — would high be on the list. Tokenized treasurys currently sit around $4 billion, according to RWA.xyz, making up a small portion of the RWA pie. Currently, total RWA onchain (excluding stablecoins) tops $15.2 billion. However, Carlos Domingo, CEO of Securitize, thinks that you could realistically cut out…

DEGN has released a Solana-based NFT that can be redeemed for a physical minting device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade directly and print their wealth. According to its description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition devices available for NFT buyers. Marketed as a “physical money printer,” the Airmoney DEGN enables users to trade, earn, and print physical money directly from the device. “The crypto world needed a physical money printer, so we built one. DEGN Genesis Edition introduces 1690 numbered…

The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has distributed $17.2 million in dividends since launch in March 2024. This marks a significant milestone for BlackRock (NYSE: BLK) and Securitize in the tokenization industry, paving the way forward. Notably, BUIDL is currently available on six leading blockchains and is a tokenized financial product focused on institutional players. In particular, these high-grade investors can get exposure to BUIDL on Ethereum (ETH), Aptos (APT), Arbitrum (ARB), Avalanche (AVAX), Optimism (OP), or Polygon (POL). The fund currently has $648.55 million in Total Asset Value, with Ethereum dominating by 74%, with $479.20 million. Avalanche…

Flare, a blockchain network for data, has announced the introduction of FAssets on its canary network, Songbird, ahead of the Flare mainnet launch. Designed to bridge the gap for cryptocurrencies that do not natively support smart contracts, FAssets promise to unlock new use cases for assets like XRP, BTC and DOGE. The overcollateralized bridging mechanism is first being tested on Songbird before a full launch on Flare. Traditional bridging mechanisms, such as custodial solutions or so-called “trustless” multi-signature setups, often introduce vulnerabilities. These mechanisms either rely on centralized entities, as in the case of WBTC, or are susceptible to safety…

FMCPAY, a cryptocurrency exchange platform, has announced a strategic partnership with Xeno, a decentralized network. In this significant collaboration, FMCPAY and Xeno work together to develop new, captivating content and provide extraordinary experiences for crypto and blockchain users across the globe. FMCPAY is a crypto exchange headquartered in the US that offers services to global users. On the other hand, Xeno is a decentralized platform working to make blockchain technology more accessible to people worldwide through mobile devices. 🤝 FMCPAY and XENO NETWORK Announce Strategic Partnership🎉 We’re excited to share that FMCPAY is partnering with @Xenonetworkio, a revolutionized digital community.Xeno…

The strategic rebranding of Hangzhou-based Nano Labs indicates a dedication to blockchain development and international market growth. Today, Nano Labs Ltd., a prominent fabless integrated circuit design firm and supplier of product solutions in China, announced that Tsuki HK Limited, its fully-owned subsidiary, has been formally renamed to Nano bit HK Limited. With this rebranding, Nano bit is reentering the Bitcoin ecosystem and intends to create projects and businesses centered around Bitcoin (BTC). You might also like: Major Institutions Lost $12 Billion After the Fed’s Rate Increase Nano Labs’ dedication to promoting blockchain infrastructure innovation is demonstrated by Nano bit…

Carol Alexander, a cryptocurrency expert and professor at the University of Sussex, remains bullish on Bitcoin’s direction and predicts that BTC will reach $100,000. Speaking about recent market dynamics, Alexander noted that Bitcoin’s occasional sharp price fluctuations are typical and do not diminish its long-term potential. “I’m not sure right now because it was down 5% yesterday, which is not unusual for Bitcoin,” Alexander said, explaining that Bitcoin’s highly leveraged trading environment often leads to significant price swings. “There were a lot of long positions liquidated yesterday,” he noted. Liquidations occur when leveraged positions are automatically closed when their margins…

Tron is up 66.5% this week, consolidating gains after South Korea’s failed power grab and martial law highlighted its popularity in that market. South Korea’s President Yoon Suk Yeol declared martial law on live television on Dec. 3. He claimed that the opposition sympathized with North Korea and declared the activities of the National Assembly (the country’s parliament), other political activities, protests, and demonstrations illegal while also putting media under military control. This was followed by the military storming the National Assembly in an unsuccessful bid to stop them from voting for the annulment of martial law. After the vote…

OKX Wallet has announced its new collaboration with Metaverse HQ. The partnership focuses on improving the reward experiences of the users. The platform took to its official social media account on X to disclose this move. We’re excited to announce that @Metaverse_HQ has integrated our Wallet!You can now use our Wallet to securely collect your exclusive 50x credits on Metaverse HQ’s platform: https://t.co/V68SCBYmVR pic.twitter.com/hpTa1HSAaT — OKX Wallet (@wallet) December 31, 2024 OKX Wallet Joins Forces with Metaverse HQ to Offer 50x Credits to Users OKX Wallet mentioned in its recent X post that the integration with Metaverse HQ intends to…

The continuous evolution of the internet has changed it from Web 1.0 (the read-only version) to Web 2.0, which is social and participatory. At present, the latest Web 3.0 moves a step further by offering decentralization and giving users the control over their data while crypto and blockchain sectors are developing products for this sector. For instance, consumers can carry out secure peer-to-peer payments as well as gather digital items via crypto wallets. Together, blockchain and Web3 technologies aim to enhance internet accessibility, decentralization, and security. Blockchain Technology Blockchain uses the technology of digital ledgers to record transfers across several…