Author: NBTC
Slow, bureaucratic processes often hamper traditional charities’ efficiency in addressing their causes. At the same time, budget mismanagement and manipulation have resulted from a lack of transparency in allocating donor funds. BeInCrypto spoke with Sandeep Nailwal, co-founder of Polygon Labs and founder of Blockchain for Impact, about how blockchain technology can decentralize philanthropy, enhance speed and transparency, and remove the need for intermediaries. Fund Mismanagement in Traditional Charity Structures Several events in recent years have highlighted the shortcomings of traditional charitable giving models. A lack of transparency in the donation process has created an environment where some nonprofit organizations have…
During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $100,000 mark for the first time in history. Two weeks later, its value climbed past the $108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life after years of inactivity. Record-High Bitcoin Prices Spark Movement of 139 Legacy Wallets On Dec. 31, 2024, bitcoin (BTC) ended the day priced at $93,501 per coin as of 00:00:00 UTC. Throughout December, approximately 139 legacy P2PKH (Pay to Public Key Hash) addresses, created from 2010 to 2017, moved…
DeFi lending receives contemporary innovations through the combination of distinctive solutions combined with fast blockchain deployment from teams like Tarot and Jet Protocol. NAOS Finance teams up with TrustToken to combine traditional financial operations with decentralized finance and provide users with multiple investment assets. Dapp.com operates as a platform that supports both developers and users through its work to develop decentralized applications. Major developments taking place within the decentralized finance (DeFi) sector led to the rise of multiple essential projects throughout this week. The paper reviews five leading DeFi projects including TAROT from Tarot and JET from Jet Protocol alongside…
17 February 2025 — Tether, the largest company in the digital asset industry, announced today the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This strategic collaboration aims to explore blockchain and peer-to-peer technologies, the possibility of driving economic growth, and positioning the country as a leader in Africa’s digital transformation. The MoU underscores Tether’s commitment to supporting blockchain adoption globally, aligning with its mission to foster innovation, education, and the responsible use of digital assets. This initiative goes beyond traditional learning by building a strong foundation for sustainable success. The MoU aims…
Bitcoin is bouncing between $93,928 and $94,154 this hour, boasting a market cap of $1.86 trillion, a daily trading volume of $29 billion, and a price swing today from $92,852 to $95,638. Bitcoin The 1-hour chart shows bitcoin in a holding pattern, trying to pick up steam after dipping to $92,233. The indicators are a mixed bag with the relative strength index (RSI) at 45, hinting at neutral vibes, while the momentum indicator at -1,122 whispers a soft maybe and indecision. Meanwhile, the moving average convergence divergence (MACD) at -808 is waving a flag for sellers, in sync with the…
The RWA sector making significant waves in the financial world as the latest data reveals. OKX Ventures, a well-known venture capital platform, has highlighted the increasing role of RWA tokenization in redefining the digital asset realm in its latest report. The platform took to social media to reflect on the current position that the RWA tokenization holds in the digital asset ecosystem. RWA Tokenization: The Future of Digital Assets, Market Growth, and Financial Innovation — OKX Ventures (@OKX_Ventures) February 18, 2025 RWA Tokenization Leads to Financial Innovation As per OKX Ventures’ new report, the tokenization of the real-world assets (RWAs)…
StarAI, a popular platform for AI agents, has announced a new collaboration with WORLD3, a leading firm developing AI Autonomous Worlds. The partnership aims to redefine the world of virtual networks by combining the decentralized blockchain landscape with cutting-edge AI technology. The platform took to social media to disclose this development. 🚀 We’re glad to partner with @WORLD3_AI! 🌍🤖#WORLD3 is creating AI Autonomous Worlds (AI-AW), where AI agents and players collaborate in self-sustaining virtual ecosystems. These agents learn, evolve, and make decisions, shaping a dynamic virtual civilization. 🔥Powered by… pic.twitter.com/ZbJUyyyioT — StarAI (@The_StarAI) February 17, 2025 StarAI Joins and WORLD3…
As the new year kicks off, Bitcoin’s price continues to consolidate below the psychological $100K barrier. After an explosive bull run in 2024 that took BTC from $40K to $108K, the cryptocurrency has failed to reclaim its previous highs. Many investors are now questioning what lies ahead for Bitcoin in 2025. Could this be the beginning of a larger market adjustment? Bitcoin Price Performance in 2025 Bitcoin opened the year trading at approximately $93,300, following a two-week period of prices lingering below the $100K mark. Historically, the start of the year tends to bring subdued market activity as global trading…
In response to mounting concerns over transparency, Coinbase has unveiled a Proof of Reserves (PoR) for its wrapped Bitcoin token, cbBTC. This move aims to assure users that each cbBTC is backed 1:1 by Bitcoin (BTC) held by the exchange. Coinbase Reveals cbBTC Proof of Reserves According to the PoR data, the Coinbase exchange holds a total reserve of 26,525.15 BTC, with a corresponding cbBTC supply of 26,461.05 tokens. The distribution of cbBTC across various networks is as follows: Ethereum hosts 16,080 cbBTC, Base contains 7,655.391 cbBTC, Solana holds 2,673.489 cbBTC, and Arbitrum has 51.395 cbBTC. cbBTC Proof of Reserves.…
Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6. Since then, no new blocks have been created, effectively halting transaction processing. The project’s team confirmed the issue on its social media platform, stating that developers are investigating a delay in block production caused by a signer. While updates are expected, the team has yet to provide a resolution timeline. They stated: “Core devs are investigating a delay in block production related to a Signer. Standby for…