Author: NBTC
Virtually all Ripple USD (RLUSD) tokens were burned on Wednesday, according to the Ripple Stablecoin Tracker account on the X social media network. A total of 46,676,120 RLUSD tokens were burned just within 24 hours. Some believe that the burning spree might mean that Ripple’s official announcement about the launch of a stablecoin could be in the offing . Vet, a dUNL validator on the XRP Ledger (XRPL), has noted that securing approval from the New York State Department of Financial Services (DFS or NYSDFS) remains a key hurdle. The San Francisco-based enterprise blockchain company waded into the stablecoin sector…
The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its ongoing case against Ripple, challenging a July 2023 court decision that partially dismissed some claims. Attorney Jeremy Hogan discussed the appeal, explaining that the SEC is only appealing one specific ruling: that the XRP sold to retail investors on exchanges was not considered a security. The SEC is not challenging the finding that no investors were harmed. Weaknesses in the SEC’s Brief Hogan finds the SEC’s brief weak and said that much of it simply repeats what the lower court already decided. The SEC is asking the…
HeLa Space and Funton.ai have announced their strategic collaboration to push the boundaries of gaming and Web3 experiences. This partnership aims to reshape the future of gaming with Web3 innovations by providing mini-app games in a variety of personalized T2E (Token-to-Earn). We’re excited to announce our newest collaboration with @funton_ai!https://t.co/ns69zDWJIX is a modular multi-game platform on Telegram & LINE, offering exciting T2E mini-app games and the leading Funton GameFi-as-a-Service (Funton GaaS), enabling Web3 projects and ecosystems… pic.twitter.com/zE9TmnlfEU — HeLa Space 🍀 (@HeLa_Labs) January 16, 2025 HeLa Space, a decentralized digital ecosystem platform, has witnessed the partnership via its official X…
Binance Alpha, the pre-selection pool for Binance listings, recently announced a new batch of innovative projects. These include GRIFT, VitaDAO, and Aimonica, showcasing advancements in artificial intelligence, decentralized finance (DeFi), and biotech funding. GRIFT is an AI-powered DeFi abstraction layer that simplifies financial operations. VitaDAO is a decentralized autonomous organization (DAO) that funds longevity research. Aimonica is an AI-driven investment agent focused on meme tokens. These unique initiatives have already generated significant market activity and attracted the attention of traders and investors. GRIFT: AI-Powered DeFi Solutions GRIFT has shown promising price action, trading at $0.1298 with a 14.85% daily increase.…
The mega rally in the price of Bitcoin (BTC) toward the $100,000 level has sparked a significant liquidation of the broader crypto market. Per data from CoinGlass, the combined crypto market liquidation has topped $452 million in 24 hours. Notably, 160,022 traders were implicated in the liquidation. Bitcoin led liquidation charge The price of Bitcoin soared to an all-time high (ATH) of $97,862.63 overnight as mild upticks continued to push it upward. At the time of writing, the coin has slowed down, dropping to $96,987.24 but still maintaining growth of 3.99%. This price outlook has forced a relatively more massive…
El Salvador’s President Nayib Bukele has invited Rumble to relocate its headquarters to the country as Tether has moved to set up its corporate base there. Bukele’s suggestion came shortly after Rumble CEO Chris Pavlovski hinted at new platform initiatives with Tether CEO Paolo. President Bukele used the opportunity to publicly invite Rumble to move its headquarters to El Salvador like Tether. You should move your headquarters here too 🤷🏻♂️ https://t.co/4vPPXO1z3G — Nayib Bukele (@nayibbukele) January 13, 2025 Crypto Firms Heading to El Salvador? Accordingly, Bukele’s suggestion drew widespread attention. Some commentators speculated that El Salvador could become a hub…
Data shared by the blockchain tracker Shibburn has revealed that in the last day, the SHIB army has managed to shovel another big meme coin lump into “inferno” wallets, removing tens of millions of SHIB. This high result increase was achieved largely thanks to a massive single SHIB burn. This has coincided with a rigorous attempt of the SHIB price to surge which ultimately failed, bringing the price back to the spot from where it spiked on Wednesday. SHIB burns over 5,000% up According to the above-mentioned data source, over the period of the last 24 hours, the SHIB community…
On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization First Step in Two-Step Licensing Process The Namibian central bank announced on Jan. 13 that it had granted provisional authorization to two entities to operate as virtual asset service providers (VASPs). Mindex Virtual Asset Exchange (Pty) Ltd and Landifa Bitcoin Trade CC received authorization under Namibia’s Virtual Asset Act of 2023 (Act No. 10 of 2023). According to a statement from the Bank of Namibia, the provisional authorization is the…
Cboe Global Markets, Inc. (Cboe: CBOE) has announced a new brand identity for its exchange technology platform. The platform, now named Cboe TitaniumSM (Cboe TiSM), supports trading operations for options, futures, and equities globally. Cboe Ti serves markets in the US, UK, Europe, Japan, and Australia. Cboe Canada is scheduled to transition to this platform on March 3, 2025. Additionally, Cboe plans to shift its bitcoin and ether futures contracts to the Cboe Futures Exchange (CFE) using Cboe Ti in the second quarter of 2025, subject to regulatory review. This will complete the integration of Cboe’s global equities and derivatives…
Bitcoin continues its record-breaking bull run, setting a new all-time high (ATH) every few days. The cryptocurrency recently surged close to the highly anticipated $100,000 milestone. This achievement has been fueled by strong activity from whale investors and long-term holders (LTHs), who have played a pivotal role in Bitcoin’s rally. Bitcoin Whales Accumulate Whale addresses have been steadily accumulating Bitcoin over the past month, adding 56,397 BTC worth approximately $5.42 billion. This consistent buying pressure has significantly supported Bitcoin’s price action, driving it to new highs. Whale activity is considered a bullish indicator, as these large investors often influence market…