Author: NBTC

Japan’s Hokkoku Regional Bank has introduced a stablecoin backed by bank deposits. This development has Japanese crypto enthusiasts thinking about the potential pros and cons. In addition, the usefulness of the stablecoin is being questioned. The initiative follows the success of the Tochituka app, launched last year in partnership with the Suzu city government. The app allows citizens to earn and spend Tochipo points at select local stores. Moreover, Hokkoku bank account holders can now use the same app to load up their Tochika stablecoin. The stablecoin is backed by deposits and can be used to facilitate purchases from participating…

CryptoQuant CEO Ki Young Ju has voiced support for the founders of Samourai Wallet after their indictment by the U.S. Department of Justice for allegedly running a crypto mixing service implicated in laundering nearly $100 million. Ju has defended the crypto mixer‘s role in protecting user privacy and argued against the charges brought against the founders. In an April 25 X thread, Ju said, “The US DOJ has arrested pioneers in Bitcoin privacy technology. Privacy stands as a core value of Bitcoin. Mixing itself is not a crime. Even crypto exchanges use mixing to safeguard user privacy.” Furthermore, Ju highlighted…

Nexo, a prominent player in the cryptocurrency space, has announced the launch of Wormhole’s native token, $W, on its platform. This integration marks a significant step forward in bridging the operational divides that exist between various blockchain networks. Wormhole itself is designed to facilitate not only the transfer of tokens but also to enable secure, decentralized messaging across different blockchain platforms. This capability is vital for maintaining real-time communication within the Web3 ecosystem, thereby enhancing the overall privacy and security of user data. .@wormhole’s $W is live on Nexo! Let’s explore. ⬇️Wormhole is dedicated to bridging gaps between diverse blockchain…

The open-sourced decentralized blockchain platform Tezos Foundation has partnered with Magic to enhance the onboarding process for decentralized applications (dApps). According to a press release shared with Cryptonews.com, the partnership will leverage Magic’s wallet solutions and Tezos’ blockchain to streamline the user experience, focusing on simplifying processes for web3 applications. “For the past 12 months, Tezos has consistently been a top 10 chain in Magic’s ecosystem.” – @magic_labs Because of this organic growth, Magic is now deepening integration on #Tezos. Learn more about how they’re featuring it as a top blockchain of choice for developers:… pic.twitter.com/jFbh1Rjwm7 — Tezos (@tezos) April…

Anthropic recently unveiled Claude 3 Opus, its new artificial intelligence (AI) model deemed a superior tool to OpenAi’s ChatGPT-4. Meanwhile, Bitcoin (BTC) investors eagerly seek insights on the leading cryptocurrency price for the end of 2024. In this context, Finbold accessed Claude 3 Opus and prompted the premium AI to predict Bitcoin’s price by the end of the year. For the prompt, we asked Claude the most likely range, maximum, and minimum exchange rates BTC will trade at in 2024. ChatGPT’s promising competitor forecasts a significantly bullish run for Bitcoin this year, facing positive fundamental analyses on supply and demand.…

The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will develop regulatory technical standards. Under the new laws, EU CASPs will need to perform customer due diligence on transactions originating from self-custodial wallets for transactions below 1000 EUR, and implement additional KYC measures for transactions above 1000 EUR. The laws further regulate the operation of no-KYC custodial software service providers…

Global payments company Stripe announced that it was going to start allowing crypto paymentson Thursday at the company’s Global Internet Economy conference. Speaking at the final keynote, titled the Future of Payments, Stripe’s president John Collison,said, “our history with crypto goes back a long time.” He cited the company’s now-defunct bitcoin support back in 2018 because it wasn’t being used. “We’re excited to announce that we’re bringing back crypto as a way to accept payments, but this time with a much better experience,” he announced. Due to the fact that crypto has more use cases and, as Collison’s presentation said,…

MomoAI, a Solana-based Web3 platform that offers social entertainment products, has recently announced a new integration. The platform has mentioned that it is integrating with The Open Network Ecosystem to bring innovation to the world of Web3 gaming. As per the company, this endeavor is very beneficial for it to fulfill its objectives as well as further progress. MomoAI Integrates with @ton_blockchain Ecosystem – Powering the Future of Web3 Gaming!🌅The integration propels our vision to new heights; we’ll unlock game-changing innovations and enhance user experience by tapping into TON’s infrastructure.In just 2 months, #MomoAI has hit… pic.twitter.com/VyzpALgR6E — MomoAI☮️ (@Metaoasis_)…

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from 2010 isn’t a new activity for this particular whale, who has been consistently liquidating coins for several years. Tracing the Origins of a Bitcoin Mega Whale This past week saw a notable whale move of 1,000 BTC, aligning with the crypto asset breaking its highest price point for the first time since 2021. Just…

The Xaman (formerly Xumm) team, led by founder Wietse Wind, has voted to end the Burn2Mint (B2M) approach involving XRP and XAH, the native asset of the XRPL sidechain Xahau. As first spotlighted today by XRP community figure Eri, data confirms that Richard Holland, the CTO at the Xaman development team XRPL Labs, recently closed an amendment seeking to implement this change, merging the amendment to the Xahau code. 🚨 There’s been a rather big CHANGE for the #XRP ecosystem. Burn to mint : “B2M to zero” Code has been merged to the Xahau Network, for a next new version,…