Author: NBTC

Alchemy Pay, a leading payment gateway facilitating the bridge between fiat and cryptocurrencies, has announced a significant expansion of its service offerings. The platform has now incorporated WUSD, a stablecoin developed by WSPNpayment, into its Fiat On-Ramp system. This integration allows users globally to purchase WUSD directly using fiat currency. As of the latest update, this service is accessible in over 173 countries, marking a substantial increase in the accessibility of WUSD for Ethereum users worldwide. The inclusion of WUSD on Alchemy Pay’s platform is designed to streamline the process for users looking to convert their fiat into stablecoins, particularly…

WISeKey and SEALSQ have partnered with The Hashgraph Association to implement IoT and DePiN solutions in KSA and the MENA region. DLT technology will enhance the security and efficiencies of IoT and DePin applications. Also Read: WiseKey is bringing blockchain-based id solution for IoT tech SEALSQ Corp, a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, and its parent company, WISeKey, a cybersecurity, digital identity, and Internet of Things (IoT) solutions provider has partnered with The Hashgraph Association, a Swiss-based association specialized in digital innovation and DLT solutions through the Hedera network,…

Derivatives traders have taken a bullish stance on Bitcoin, as open interest in the leading cryptocurrency hit an all-time high of $38.76 billion, according to derivatives analytics platform Coinglass. This change in Bitcoin’s open interest represents a 6.7% increase from its previous all-time high, which stood at 36.31 billion in March earlier this year. Meanwhile, Bitcoin spot ETFs witnessed their second-highest net inflows for the year earlier this week. Notably, the cumulative net inflow in Bitcoin spot ETFs crossed the $15 billion mark and currently stands at $15.56 billion at the time of writing, according to data analytics platform Sosovalue.…

After the halving in Bitcoin was over, unusual transaction volumes were detected in several altcoins on Upbit, South Korea’s largest cryptocurrency exchange. The altcoins in question include Cardano (ADA), Loom Network (LOOM), 1inch (1INCH), Ankr (ANKR) and NEM (XEM). The 4-hour chart for Cardano (ADA) showed a significant increase in trading volume on Upbit. The average 50 4-hour volume was $7 million, but the last recorded volume was around $14 million, indicating an increase of 96.96%. In Binance, the volume decreased by 8.50%, from an average of $46 million to $42 million. Loom Network (LOOM) also saw a significant increase…

Hong Kong has issued a warning about an unregulated crypto exchange named “Kucoin,” which reportedly demands payments to recover money from frozen accounts. The Hong Kong Monetary Authority (HKMA) has alerted the public to an allegedly fraudulent activity conducted via a crypto exchange falsely claiming to be regulated by the HKMA. In a public warning published on the Government of the Hong Kong Special Administrative Region’s official website on Friday, the HKMA identified the digital currency platform “Kucoin” as falsely asserting it is licensed by the HKMA and issuing documents purportedly from the HKMA, “demanding payment of fees in order…

Pyth Price Feeds launch on Aurora Cloud, enhancing real-time data access to dApp developers. Aurora Virtual Chains developers can now get permissionless access to 500+ real-time price feeds on Aurora. The integration reduces costs and boosts efficiency for Aurora Virtual Chains. Pyth Network has announced the launch of its price feeds on Aurora Cloud after a collaboration with the Aurora Labs team. This will make Pyth Price Feeds permissionlessly accessible to all upcoming Aurora Virtual Chains, marking a major milestone in the integration of real-time data with decentralized applications. Aurora, an Ethereum Virtual Machine created by the NEAR Protocol team,…

Hyperbitcoinization is the belief that eventually all goods and services will be priced in bitcoin instead of dollars. If you identify as a Bitcoin maximalist, you might have already accepted this as a given. But what does this process actually look like over time? What are key milestones that we can point to that would indicate hyperbitcoinization is taking place? In this post, I explore current Bitcoin financial products, geopolitical reasons governments will adopt bitcoin, why central banks will adopt bitcoin and more. Merging Bitcoin with Traditional Finance As adoption continues, more companies will offer Bitcoin financial products and further…

Cryptocurrency investment products saw $2 billion of inflows over the last month, with this past week seeing a total of $185 million being invested in these products to help year-to-date inflows surpass the $15 billion mark. That’s according to CoinShares’ Digital Asset Fund Flows report, which details that investment products offering exposure to the flagship cryptocurrency Bitcoin (BTC) saw inflows of $148 million over the past week, while those shorting the cryptocurrency saw $3.5 million of outflows. Products betting on the second-largest cryptocurrency, Ethereum’s ETH, saw $33.5 million inflows in the week, after the U.S. Securities and Exchange Commission (SEC)…

In the last 24 hours, the movement of SHIB tokens, totaling a monumental 4.34 trillion SHIB, represents a significant uptick in large transactions within the Shiba Inu ecosystem, prompting speculation and anticipation. Recent data from IntoTheBlock shows an increase in whale activity, with inflows up 215%. On April 19, SHIB saw large holders inflow amounting to 4.34 trillion SHIB, a significant rise from 565.55 billion SHIB on April 17. Large Holders Inflow tracks the funds going into addresses belonging to whales. Shiba Inu is also seeing an uptick in the volume of large transactions (those worth more than $100,000), which…

Bakkt is considering strategic options, including a potential sale or breakup, according to an initial report from Bloomberg citing persons familiar with the matter. The move comes amid a surge in takeover activity within the cryptocurrency sector. The sources, who asked to remain anonymous due to the confidential nature of the matter, revealed that Bakkt has been working with a financial advisor to evaluate its options. However, no final decision has been made, and the company may choose to remain independent. Bakkt was launched in 2018 by Intercontinental Exchange, which owns several major futures markets and the NYSE. The venture’s…