Author: NBTC
There are Bitcoin bulls, and then there is Michael Saylor. The head of MicroStrategy, known for his radically bullish views on the first cryptocurrency, broke another post on social media. As always, this post was aimed at promoting Bitcoin, and in particular depicted Saylor in the form of a fast-food restaurant worker with BTC logos. “We are all on Team Bitcoin,” Saylor says, looking out of the picture with artificially intelligent eyes. Such Bitcoin-themed promotional posters by Saylor have long been part of the crypto community’s culture and a meme of sorts. As you can see, the entrepreneur himself is…
SingularityDAO, a decentralized portfolio management protocol, has wrapped up an important community voting round on a proposed merger with Cogito Finance and SelfKey, according to the reports shared with Finbold on Friday, November 1. The voting round has seen overwhelming support from SDAO token holders, and SingularityDAO is now ready to proceed with the creation of Singularity Finance, an EVM Layer-2 network aimed at accelerating AI economy tokenization. SingularityDAO’s merger with Cogito Finance and SelfKey A merger with Cogito Finance and SelfKey was proposed on Snapshot’s widely-used governance platform. Out of 15 million SDAO tokens cast, 94.78% voted in favor…
With a Donald Trump win looking more and more likely, shares of Bitcoin have been uptrending of late. Currently, %Bitcoin (CRYPTO: $BTC ) is flirting with breaking through the key $70k level. This is an important area for the crypto currency, as the area between $70k and $73k is currently a major resistance level holding back the bulls from further significant gains. With the crypto currency continuing its rally, a breakthrough of that key area looks likely in the not-too-distant future. If that happens, the bullish narrative increases for crypto related publicly traded companies as well. Today, news of a…
MyTrade’s founder pleaded guilty to charges include market manipulation. Another of the accused firms, CLS Global, said it’s trying to start a “dialogue” with U.S. authorities. The U.S. Department of Justice said it secured a guilty plea from the operator of crypto “market maker” MyTrade, which was one target in a wide-ranging sting that brought manipulation charges to multiple firms and individuals earlier this month. Liu Zhou, 39, said to be from China and Canada, will be sentenced early next year in federal court for “the wash trading of client cryptocurrencies across multiple cryptocurrency exchanges,” according to the DOJ. Wash…
Bitrue, a prominent cryptocurrency exchange, has recently received a Virtual Asset Service Provider (VASP) license from Lithuania. This new regulatory approval from Lithuania’s Financial Crime Investigation Service (FNTT) legally entitles Bitrue Lithuania UAB to offer digital asset exchange and custody wallet services in some EU nations. #Bitrue has secured a Virtual Asset Service Provider (VASP) license in Lithuana and will be expanding our services to some EU countries.Bitrue is committed to regulatory compliance, to elevate trust and confidence in Bitrue.Keep building with #Bitrue 🧱 pic.twitter.com/zQCXSWDZ6P — Bitrue (@BitrueOfficial) October 29, 2024 With registration number 306725033, this license reinforces Bitrue’s commitment…
TRON has announced a major partnership with Chainlink, joining a growing list of ecosystems integrating Chainlink Data Feeds, among other services. The move signals a significant upgrade to TRON’s infrastructure as it aims to improve the security and reliability of its DeFi offerings. Chainlink Data Feeds are a vital part of decentralized finance (DeFi), providing accurate and reliable price data to decentralized applications (dApps). Using these data feeds, TRON’s largest DeFi applications, including JustLend and JustStable, can rely on a trusted off-chain data source to securely execute transactions and execute smart contracts. During the SmartCon 2024 conference, Chainlink revealed that…
Tokenizing real estate is a cutting-edge way to raise funds using crypto, where investors exchange traditional currency or digital coins for specialized “tokens.” In essence, tokenization transforms real estate into digital assets that are securely managed through blockchain technology. These tokens are then traded on real estate tokenization platforms. Table of Contents What to look for in a real estate tokenization platform Top real estate tokenization platforms How to choose the right platform FAQs What to look for in a real estate tokenization platform Tokenization simplifies and reduces the cost of buying and selling real estate by eliminating the need…
Coinbase’s swift fix for Polygon transaction delays helped MATIC and POL prices jump over 2%, restoring market confidence. The introduction of the POL token and enhanced whale activity continue to support positive sentiment for Polygon’s future. Referring to a recent update by Coinbase, the prices of MATIC and POL jumped over 2% today following the exchange’s announcement of a crucial fix for recent transaction delays on the Polygon network. Coinbase experienced an issue that caused delays in sending or receiving MATIC but reassured users that their funds remained safe while it worked on resolving the problem. As discussed in a…
De Nederlandsche Bank fined Bybit $2.4m for offering crypto services in the Netherlands without mandatory registration. The Netherlands‘ central bank, De Nederlandsche Bank, has fined Bybit €2.2 million ($2.4 million) for offering crypto services in the country without the required registration, breaching regulations designed to combat money laundering and terrorist financing. The fine, issued on Oct. 22, stems from Bybit’s failure to register with DNB as mandated by the Anti-Money Laundering and Anti-Terrorist Financing Act, which requires crypto service providers to register to help monitor and prevent illicit financial flows. The registration requirement was introduced in May 2020 in response…
Felix, a WhatsApp-based platform focused on cross-border payments, has teamed up with Zero Hash to simplify remittances for 60 million U.S.-based Latinos. According to a press release seen by crypto.news, the partnership enables users to send funds instantly via WhatsApp, using stablecoin infrastructure managed by Zero Hash, a provider of crypto and stablecoin technology also utilized by Stripe and Interactive Brokers. Per the release, U.S.-based Latinos collectively send $150 billion back to their homes each year. Felix’s service integrates with WhatsApp, offering a streamlined way to send money without the high fees and slow transfer times typical of traditional remittance…