Author: NBTC
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s no secret that web3 gaming has struggled to take off. However, if the web3 gaming-related sector wants to make its mark on the global entertainment market, it must focus on what makes it unique. Current trends such as tap-to-earn and other arcade-like models are far from that. You might also like: Profiling web3 gamers can help blockchain become mainstream | Opinion With blockchain technology, web3 game developers can create games designed for players with complete rights…
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
Binance offered derivatives trading services in Brazil without securing necessary licenses, the country’s regulator concluded. Binance will pay 9.6 million reais ($1.76 million), well over the 2 million reais the company offered to pay a year ago. Binance, the world’s largest cryptocurrency exchange, will pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) as a settlement for offering derivatives trading services in the country without receiving the corresponding license. “On February 15, 2024, a new proposal for a Term of Commitment was presented and, after negotiations with the Term of Commitment Committee (CTC), the applicant…
AltLayer, a prominent platform dealing with rollup technology, has started a strategic collaboration with BlockSec. The partnership focuses on letting AltLayer developers access the inclusive security services of BlockSec, guaranteeing the reliability, security, and protection of the platform’s rollups against likely threats. The platform took to its official X account to provide details about this initiative. Earlier, AltLayer announced partnership with LogX. AltLayer 🤝 @BlockSecTeamAltLayer builders can now secure their rollups using Blocksec’s trusted full-stack security services including blockchain auditing, reliable threat monitoring & blocking platform @Phalcon_xyz & their STOP solution that prevents sequencer-level hacks 🛡️ pic.twitter.com/f0ZLejxpBT — AltLayer (@alt_layer)…
Bitcoin has fallen below $65,000 to its lowest price in a month, while the recently launched zkSync token was the biggest loser in the top 100 coins by market capitalization. The total market capitalization of the entire cryptocurrency space tumbled from $2.55 trillion to $2.48 trillion, a decrease of 2.5%, according to CoinGecko. Leading cryptocurrency Bitcoin fell to $64,548 in the past 24 hours, thus recording its lowest level in the past one month. Last week, Bitcoin fell to $65,240 after longs worth $150 million were liquidated. But as of Tuesday morning, the Bitcoin price has stabilized around the $65,600…
Arbitrum, a popular Ethereum Layer 2 scaling solution, currently has around $2.7 billion in assets locked, as reported by DefiLlama. This total value locked (TVL) reflects the significant adoption and growth of decentralized finance (DeFi) protocols on the Arbitrum network. Currently, in terms of TVL, AAVE appears at the forefront as a platform with approximately 648 million USD locked in it. Top Arbitrum Protocols by Total Value LockedThe total value of assets locked in @Arbitrum $ARB is around $2.7B, according to @DefiLlama. Let’s compare the top DeFi-protocols on #Arbitrum by current TVL in USD, in order to evaluate their adoption…
eNor Securities, an exchange based in El Salvador, will offer Backed’s bTokens on its platform to retail investors in Latin America. Backed has already launched ERC-20 compatible token versions of ETFs and individual stocks, such as Coinbase (COIN) and Tesla (TSLA). Tokenized asset issuer Backed has partnered with Latin American exchange eNor Securities to offer tokenized real-world assets (RWAs) to retail investors in that region, Backed said on Tuesday. Through the partnership, Backed will offer its bTokens on the platform of eNor Securities, which claims to be a fully regulated exchange based in El Salvador. In this country, the company…
Forbes Listed 10 Altcoins That Will Outperform Bitcoin in the First Half of 2024! It Also Contains Surprise Names!
Forbes, a well-known American magazine with a history of more than 100 years, recently published a striking report. In the cryptocurrency market, the first half of 2024 will likely be remembered for the launch of spot Bitcoin ETFs. However, some altcoins made their mark in the first half of 2014. While there are little-known cryptocurrencies among these, there are also memecoins that have suddenly become popular among investors. Although Bitcoin (BTC) experienced a great rise with the influence of spot ETFs, some altcoins surpassed BTC with their rise. At this point, according to the list prepared by Forbes, Bitcoin was…
Circle is poised to benefit significantly from Apple’s latest iOS 18.1 upgrade, which will enable contactless payments for Circle USDC. This upgrade will allow third-party developers to integrate Near Field Communication (NFC) technology in their apps, expanding the use cases for stablecoins. Jeremy Allaire, CEO of Circle, has expressed optimism about the impact of this development on USDC adoption, although Circle has no direct partnership with Apple. Apple’s iOS 18.1 upgrade paves the way for contactless Circle USDC payments, signaling a broader adoption of crypto in mainstream financial transactions. Apple’s NFC Integration: A Game-Changer for Circle USDC Apple’s iOS 18.1…
On August 14, MANTRA, a dedicated layer-1 (L1) blockchain for real-world assets (RWAs), announced a partnership with Novus Aviation Capital. This collaboration aims to tokenize assets within the $200 billion aviation financing market. By doing so, it makes owning assets more accessible and streamlines the process in aviation finance. MANTRA and Novus to Offer Fractional Ownership in Aviation Through Tokenization Established in 1994, Novus Aviation Capital specializes in aircraft trading, leasing, and financing. Moreover, it has a significant presence in Europe, Asia, and the Middle East. Now, by partnering with MANTRA, Novus aims to integrate blockchain technology into aviation asset…
Core has made history with the debut of a Bitcoin staking protocol bringing a hallmark innovation to the world of crypto finance. This marks the dawn of a new era beyond five years from now with Core bringing the very first live Bitcoin staking to the world of cryptocurrency investments. Launched in January 2023, the platform now has over 2,900 BTC staked using its proprietary Satoshi Plus consensus algorithm. As the mechanism improves the security of the Bitcoin network, it allows you to earn Core block rewards, providing a new way to earn yield on Bitcoin you hold without adding…