Author: NBTC
The perpetual trading tokens market now gives you several choices with impressive fully diluted valuations (FDVs), which shows a rising influence within DeFi tokens. For those who need a quick grasp, perpetual contracts essentially let traders hold positions with no time limit and these are what drive many crypto projects. These tokens now draw more interest for their liquidity, fresh ideas, and unique methods. Top 10 Perpetual Tokens by Fully Diluted ValuationHyperliquid $HYPE – $14.3BJupiter $JUP – $11.1BdYdX $DYDX – $1.97BApeX Protocol $APEX – $1.83BDrift Protocol $DRIFT – $1.26BAPX Finance $APX – $1.17BWOO $WOO – $845MSynFutures $F – $716MGMX $GMX…
Stacks ($STX) is now available on Nexo, a leading digital assets platform. Stacks introduces smart contracts and decentralized apps (dApps) directly on the Bitcoin network. This was announced via Nexo’s official X account. It is built for its capability to scale with the ecosystem and meet the implementation of added functionalities within it. Stacks can be used to support applications such as decentralized finance, non-fungible tokens and many others. .@Stacks’ $STX is now available on Nexo! Let’s delve deeper. ⬇️Stacks introduces smart contracts and dApps directly to the #Bitcoin network. Stacks’ architecture is tailored for scalability and complex functionalities within…
The European Union’s wide-ranging regulatory regime for cryptocurrency firms, the Markets in Crypto Assets (MiCA), is set to take effect at year-end, but, with just three weeks to go, almost a quarter of the 27 countries that constitute the bloc aren’t ready. For the regulation to apply in the country, EU members have to align local laws with MiCA. Those yet to do so include Belgium, Italy, Poland, Portugal, Luxembourg and Romania, according to a document created by the Electronic Money Association, a trade body, which was shared with CoinDesk. Trade associations representing the crypto industry say this state of…
Circle and Lulu Financial aim to transform cross-border payments with faster, cheaper, and blockchain-powered solutions. USDC’s speed and security will enhance remittances across GCC, Asia, and Europe, boosting global financial inclusion. Circle’s new office in Abu Dhabi supports its Middle East growth, advancing digital payments in the region’s market. Circle establishes a company in ADGM, Abu Dhabi’s main financial center aiming to make its USDC digital money available to the online market. Circle has also teamed up with Lulu Financial Holdings to improve money transfers and payments between countries. They’re using blockchain technology to make these payments faster and cheaper,…
The New York Red Bulls announced a 13-year blockchain-related partnership with Sports Illustrated Tickets, rebranding their home venue in Harrison, New Jersey, as “Sports Illustrated Stadium.” At the heart of the partnership is Sports Illustrated Tickets’ blockchain-powered platform, Box Office, which was developed in collaboration with Ava Labs, according to a press release shared with crypto.news. This technology will use the Avalanche (AVAX) blockchain to create a secure and interactive ticketing system for all events at the 25,000-seat stadium. Speaking to crypto.news, Sports Illustrated Tickets CEO David Lane said Avalanche was selected for this project due to its high speed…
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it. In the piece, we noted that China might be sitting on a stash of over 190,000 bitcoins, and our report also threw in that this claim is pure speculation. Fast forward to this week, Sani from timechainindex.com throws shade on that idea, stating there’s “no proof that China still holds any of their confiscated bitcoin.” China’s So-Called Bitcoin Holdings — Analysts Say Where’s the Proof? On Dec. 10, 2024, an…
Aave recorded significant gains, emerging as the top gainer among the leading 100 crypto assets, amid the market-wide bullish momentum. Aave (AAVE) surged 34% in the past 24 hours and is trading at $355 at the time of writing. The native token of the leading lending protocol saw its market cap rise to $5.3 billion, making it the 31st-largest cryptocurrency. Source: crypto.news This is the first time since late August 2021 that Aave has broken the $350 mark. First, the broader crypto market, including Bitcoin (BTC), started rising right after Wednesday’s U.S. Consumer Price Index report. The U.S. inflation rate…
In the latest round of IOTA Grants, the Foundation awarded $3.6 million to 29 applicants out of a pool of 142 applicants. The recipients include DeFa, formerly known as InvoiceMate, and BlackFrog, a platform that facilitates access to funding for small-scale mining operations. The latest round of IOTA Ecosystem DLT Foundation’s Grants Program has been announced, with 29 projects receiving a total of $3.6 million to fund their innovative applications. The Grants Program is the Foundation’s initiative to empower innovators in the IOTA ecosystem, assisting them to make their ideas a reality. It goes beyond just writing a check, offering…
The Australian Securities and Investments Commission (ASIC) has released updated guidelines for financial services firms that hold client assets, introducing new requirements for cryptocurrency custody and strengthening oversight of asset holders. The revamped Regulatory Guide 133 (RG 133), published today (Tuesday), marks the first major update since June 2022 and expands the scope of asset-holding requirements to address emerging risks in digital assets while reinforcing traditional custody standards. “Asset holders must establish and maintain business continuity arrangements appropriate to their operations’ nature, scale and complexity,” states the new guidance, which takes effect immediately. Key Changes: Enhanced information security controls for…
Robinhood Crypto celebrated a pivotal year in 2024, marked by significant milestones, including the launch of new features, geographic expansions, and the enhancement of its crypto offerings. According to a recent announcement, the company ended the year with $38 billion in crypto assets under custody and $119 billion in notional crypto trading volume over the last twelve months as interest in Bitcoin (BTC) reached unprecedented levels. Expanding reach Robinhood achieved full coverage across all 50 US states and territories, including Hawaii, Puerto Rico, and the US Virgin Islands. In addition, the platform expanded its list of supported cryptocurrencies to 20,…