Author: NBTC
Elon Musk is now the sole leader of the Department of Government Efficiency (DOGE) after biotech entrepreneur Vivek Ramaswamy stepped down to pursue a gubernatorial campaign in Ohio, officials said Monday. Ramaswamy co-founded DOGE with Musk in November 2024 as part of President Donald Trump’s “Save America” initiative to cut government waste, reduce regulations, and restructure federal agencies. His departure leaves Musk, a vocal advocate for cost-cutting, at the helm of the extra-governmental initiative. “Vivek Ramaswamy played a critical role in helping us create DOGE,” spokesperson Anna Kelly said in a statement cited by the Associated Press. “He intends to…
Bitget, the leading cryptocurrency exchange and Web3 company has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018 emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations. The platform experienced a surge in its user base, expanding from 20 million in January to over 100 million in December—an extraordinary growth of 400%. This expansion was matched by significant advancements in trading activity, with daily volumes doubling to…
ZIGChain and Nomad Fulcrum have inked an MOU to collaborate in integrating blockchain and real-world asset tokenization. This partnership aims to expand access to tokenized assets and bring long-term investment solutions to more people. Nomad Fulcrum is an expert in using artificial intelligence (AI) in the management of tokenized assets. Low risk has been recorded with a 27% return in 2024. By integrating with ZIGChain, the vision is to increase liquidity and provide equal opportunities to RWAs to wealth managers and individual investors. 🤝 @nomadfulcrum and ZIGChain enter into an MOU to expand access to RWAs and sustainable yields on…
In a significant development within the cryptocurrency market, more than 170,000 Ethereum (ETH), valued at over $544 million, have been transferred to crypto exchanges in the past 72 hours. This surge in Ethereum deposits, tracked through on-chain data from @santimentfeed, has sparked a wave of speculation and concern regarding the future price movements of the cryptocurrency. Over 170,000 #Ethereum $ETH, valued at more than $544 million, have been transferred to crypto exchanges in the past 72 hours, as shown by on-chain data from @santimentfeed. pic.twitter.com/QKOvkl56lh — Ali (@ali_charts) January 23, 2025 According to the data, Ethereum has seen a noticeable…
What if you could put up your bitcoin (BTC) or ether (ETH) as collateral to buy a house? That’s essentially the idea behind real estate firm Propy’s upcoming sale, a condominium located in Honolulu, Hawaii, which is being sold at a starting price of $250,000. If they so choose, the prospective buyer will be able to take out a loan from Propy to acquire the property — as long as they provide 100% collateral in bitcoin or ether, and pledge the property as well. “It’s a great proposition for bitcoin holders,” Natalia Karayaneva, CEO of Propy, told CoinDesk in an…
Tezos has successfully deployed the 17th Quebec protocol upgrade, marking another milestone in the blockchain’s development. The upgrade brings faster transaction speeds, improved staking mechanics, and token issuance improvements, all aimed at increasing the functionality and resilience of the blockchain. One of the key changes in the Quebec upgrade is the reduction of block times from 10 seconds to 8 seconds. This allows transactions to reach finality in just 16 seconds, making Tezos a strong candidate for speed-sensitive applications such as payments and gaming. These performance improvements do not increase hardware requirements, allowing validators to continue participating in the network…
Elon Musk said Ross Ulbricht, the founder of the Silk Road marketplace, will receive a presidential pardon from Donald Trump. The Tesla CEO stated “Ross will be freed too” in response to a user’s comment on X urging Trump to pardon Ulbricht. Ross will be freed too — Elon Musk (@elonmusk) January 21, 2025 Ulbricht was sentenced in 2015 to two life terms plus 40 years for his role in operating the Silk Road. He was not found guilty of direct harm but was convicted of facilitating illegal activities on the platform. The creator of the notorious marketplace has expressed…
The leading crypto exchange KuCoin has announced the listing of Metaverse HQ (HQ) on its Spot trading platform, marking a significant milestone for the protocol. According to the announcement, trading for the HQ/USDT pair is set to begin on January 27, 2025, at 13:00 UTC. Deposits for HQ are already live, supported via the ETH-ERC20 network. Meanwhile, withdrawals will be available starting January 28, 2025, at 10:00 UTC. The HQ/USDT pair will also integrate with KuCoin’s advanced trading tools. These include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, and AI-driven features like Spot Grid AI Plus and AI…
South Korea is testing a digital identity card that digitizes a system that has been used for nearly six decades, with blockchain being used to enhance security. According to local reports, the new digital identity will be tested in nine regions, including the cities of Sejong and Yeosu and Geochang and Yeongnam counties. It will be available to all residents in these regions aged 17 or older. The new system digitizes a national ID card system that has been in use since 1968. However, in 2021, the South Korean government introduced three new digital identification cards: a mobile driver’s license,…
Cryptocurrency analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship digital asset hovers below $100,000. In a new video, Cowen tells his 858,000 YouTube subscribers that a continued rise in the yield on the US Treasury 10-year will have a bearish impact on Bitcoin. According to Cowen, Bitcoin could behave similarly to what happened in the second half of 2023 when the crypto king plunged below a range low at around $30,000 and stayed subdued for weeks. “…watch the 10-year yield if it keeps going up it’s going to be a headwind for Bitcoin… …what happened…