Author: NBTC

GSR Markets has recently taken significant steps in the cryptocurrency landscape by withdrawing around $4.3 million worth of NEIRO coins from the Bybit exchange. This move accounts for approximately 4.3% of the total NEIRO supply and follows a similar transaction made just three weeks earlier, highlighting GSR’s active involvement with this altcoin. Contents hide 1 What Do GSR’s Actions Imply for NEIRO? 2 Could NEIRO’s Price Surge Continue? What Do GSR’s Actions Imply for NEIRO? GSR Markets’ ongoing transactions with NEIRO coins suggest a strategic and calculated approach toward bolstering the coin’s market presence. As a prominent market maker, GSR’s…

Gary Gensler, Chair of the U.S. Securities and Exchange Commission, has announced his resignation, effective January 20, 2025. Gensler’s departure coincides with President-elect Donald Trump’s inauguration On January 20, 2025 I will be stepping down as @SECGov Chair.A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 Gensler, who assumed office in April 2021, described his tenure as “the honor of a lifetime,” citing achievements such as advancing central clearing in Treasury markets and reforming executive pay standards. You might also like: Circle’s USDC to launch on Aptos with Stripe adding support Gary Gensler vs. Crypto Biden-appointed Gensler has vocally…

Polyhedra Network has revealed its 8th Network Expansion Proposal, announcing the new integration of its zkBridge with Astar Network. This proposal aims to stabilize cross-chain operations and improve user interfaces. Astar Network’s interoperable blockchain solution for Polkadot and Ethereum will provide the foundational framework for companies, entertainment companies, and games companies in Japan. Our 8th Network Expansion Proposal is live! 🔥NEP-8 offers the integration of Polyhedra’s zkBridge with @AstarNetwork.Astar Network serves as a gateway for enterprises, entertainment, and gaming projects in Japan and globally, driving Web3 adoption to billions. pic.twitter.com/Oav5wQQNzm — Polyhedra Network (@PolyhedraZK) November 22, 2024 zkBridge Unlocks Cross-Chain…

Leading stablecoin issuer Tether has minted 1 billion USDT on the Tron network, sparking speculations of higher prices amidst surging demands. Blockchain tracker Whale Alert recently revealed that the Tether Treasury has minted 1 billion USDT on the Tron network. The latest transaction, which occurred on Tuesday at 20:43 (UTC), saw the leading stablecoin issuer replenish its USDT inventory on Tron. Tether’s CEO Paolo Ardoino confirmed the transaction, noting it was “authorized but not issued.” This meant the minted USDT on Tron was not in circulation yet and would be used as inventory for the next batch of issuance requests…

Ripple’s Chief Legal Office (CLO) Stuart Alderoty, recently shared his vision for the future of crypto regulation in a post on X (formerly known as Twitter), offering insights into what qualities and actions the next U.S. Securities and Exchange Commission (SEC) Chair should prioritize. Stuart Alderoty’s Post on X The recommendations reflect Ripple’s ongoing push for clarity in the regulatory framework governing cryptocurrencies and emphasize the broader need for fair oversight in the industry. Key Priorities for the Next SEC Chair The Ripple CLO outlines six key priorities for the transition team to consider when selecting the next SEC Chair,…

Monad Pad, a rising player in the blockchain realm, has commenced a thrilling collaboration with Phantom Wallet. The partnership between Monad Pad and the top Web3 wallet platform Phantom Wallet targets to advance the innovation and abilities of the former. The platform took to social media to announce this exciting development. https://twitter.com/MonadPad/status/1859950401723711718?t=TZzgr3Irl8IfGa6fY5RQ8Q&s=19 Monad Pad Commences Exclusive Partnership with Phantom Wallet to Improve User Experience In an exclusive X post, Monad Pad expressed a thrill for the latest collaboration with Phantom Wallet. The company mentioned that this move denotes the beginning of the strategic work of both platforms on a diverse…

According to blockchain data firm Arkham Intelligence, an ancient Bitcoin whale has sold a total of $9.7 million worth of Bitcoin. The whale started mining Bitcoin shortly after the creation of the genesis block, the very first block on the blockchain. Even after the significant selling spree, the whale still has a total of $72 million worth of BTC left. The miner had spent two months moving BTC to the Kraken exchange, according to earlier reports made by Arkham. Back in 2009, the very first Bitcoin adopters could mine the cryptocurrency by simply using their computers. The number of blocks…

Asset manager VanEck has announced a strategic partnership with Kiln, a prominent digital asset rewards platform, to integrate staking into VanEck’s Solana Strategy. This strategy encompasses products like ETNs and ETFs, offering regulated access to Solana. Through Solana staking, the partnership simplifies investor access to the Solana network. VanEck’s Solana Strategy According to a press release, asset manager VanEck has partnered with Kiln, a digital asset rewards platform, to offer staking solutions as part of VanEck’s Solana Strategy. This strategy reflects VanEck’s long-term commitment to SOL and aims to bridge it with traditional finance. Read more: What Is Solana (SOL)?…

Sandeep Nailwal, the Ethereum layer-2 network Polygon co-founder, has voiced concerns that the growing trend of memecoin scams could attract regulatory scrutiny. Nailwal highlighted these risks in a Nov. 21 post on X, pointing to recent incidents as potential triggers for government intervention in the crypto space. QUANT controversy Nailwal’s remarks were prompted by a scandal involving Gen Z Quant (QUANT), a memecoin launched on the Solana-based platform Pump.fun. On Nov. 20, blockchain analysis platform Lookonchain reported that a 13-year-old created the token during a live stream event. The memecoin’s value surged over 260% within minutes before crashing when the…

Integrating AI with blockchain can enhance AI’s trustworthiness and revolutionize various sectors. AI Developers Should Prioritize User Control Stacey Engle, co-founder and CEO of Twin Protocol, argues that integrating artificial intelligence (AI) with blockchain technology can prevent misuse of AI and make AI operations more trustworthy. This combination, she asserts, has the potential to revolutionize various sectors, from healthcare to decentralized finance, by making services more reliable and user-friendly. Engle highlights the promising future of AI by referencing accounting giant PwC’s prediction that AI could contribute $15.7 trillion to the global economy by 2030. This “unparalleled capacity” to reshape industries…