Author: NBTC
As blockchain technology reshapes global entertainment, strategic partnerships are pushing the boundaries of sports fan engagement. Sportsbet.io’s recent collaboration with LALIGA, Spain’s premier football league, exemplifies this shift. Designed to give fans real-time engagement options, this partnership leverages blockchain to provide seamless, interactive betting experiences, such as exclusive content and unique rewards for their global audience. Through targeted partnerships, Sportsbet.io is redefining the betting experience, pioneering new standards for crypto iGaming, and creating a brand that resonates deeply with modern audiences. Transforming Fan Engagement with Real-Time Interaction Through blockchain integration, Sportsbet.io enables fans to place bets on live events, complete…
A number of Bitcoin addresses that have “never had a Bitcoin outflow” are currently accumulating the flagship cryptocurrency at an unprecedented pace, to the point they are now holding 2.9 million BTC, worth around $194 billion at the time of writing. In a newly published report, CryptoQuant analyst Burak Kesmeci noted that the total amount of BTC in “Bitcoin accumulation addresses” was at around 1.5 million coins at the beginning of the year, and that the figure has now nearly doubled over the past 10 months. These addresses, the analyst added, continue to “accumulate patiently and boldly without selling off…
On October 30, 2024, the XRP Ledger (XRPL) marked a crucial achievement with the activation of Decentralized Identifiers (DIDs), enabling users to take control of their own digital identities. Contents hide 1 What Are Decentralized Identifiers (DIDs)? 2 How Do DIDs Enhance Identity Management? What Are Decentralized Identifiers (DIDs)? DIDs represent unique identifiers that empower individuals to manage their digital identities independently, without a central authority. This innovation adheres to the standards set by the World Wide Web Consortium (W3C), guaranteeing that DIDs are persistent and globally resolvable, compatible with various blockchain infrastructures. How Do DIDs Enhance Identity Management? DIDs…
The Securities Exchange Commission (SEC) obtained orders for $8.2 billion in remedies for the 2024 fiscal year, a record high for the regulatory agency. This is a 67% increase from the $4.9 billion in financial penalties that it collected in 2023. According to the official press release, the regulator filed 583 enforcement actions during the year, a 23% decline from the previous year. Most enforcement actions (431) were stand-alone, while 93 were follow-on administrative proceedings based on civil injunctions, orders, and criminal prosecutions. 59 enforcement actions targeted issuers who did not make their compulsory filings on time. The massive increase…
Cryptocurrency venture capital firm Digital Currency Group (DCG) is looking to help develop Bittensor (TAO), a decentralized artificial intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group. The company will join a list of its subsidiaries, including Grayscale Investments. Yuma will be developing Bittensor, the companies announced. It hopes to enable developers to create, train, and access AI. DCG founder and CEO Barry SILBERT will also lead the new subsidiary, advancing its vision to advance the integration of AI and cryptocurrency. The firm said it has named Yuma after the Bittensor protocol “Yuma Consensus.” This smart…
Bitcoin price started a downside correction and tested the $66,500 zone. BTC is now consolidating and might aim for a fresh increase above $67,800. Bitcoin struggled to test the $70,000 resistance zone and started a downside correction. The price is trading below $67,500 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with support at $67,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase unless there is a close below the $66,500 zone. Bitcoin Price Starts Consolidation Phase Bitcoin price struggled to continue higher…
Shiba Inu lead developer Shytoshi Kusama expresses optimism about TREAT’s potential to accelerate the transformation of memecoins into utility tokens. The Shiba Inu lead developer expressed this view today during an exchange with Simon Dedic, CEO of blockchain advisory and investment firm Moonrock Capital. In an X post yesterday, Dedic pointed out that memecoins are slowly transforming into “fundamentally strong utility tokens.” Amid this evolution, he suggested that this shift might continue in the coming months, leading to a complete transformation of the memecoin market. Kusama Reacts Interestingly, Dedic’s comment triggered a reaction from Kusama, who indicated that the transformation…
Silicon Valley just changed Washington forever. The 2024 election didn’t just bring Donald Trump back into the White House—it flipped Congress into a playground for crypto advocates. Bernie Moreno, a political nobody last year, just knocked out Sherrod Brown, a Senate heavyweight who’s been in office longer than Bitcoin has existed. That was no accident. The crypto industry threw its weight (and its dollars) behind candidates like Moreno, turning the election into a blockchain-powered blitz. Moreno wasn’t even on the radar two years ago. He was a car salesman from Cleveland who lost his first Senate race in 2022. But…
The collaboration is to enhance B2B cross border payments “providing greater transparency and faster settlement as well as reducing time zone friction.” By integrating Mastercard MTN’s connectivity with Kinexys Digital Payments, mutual customers of MTN and Kinexys will be able to settle B2B transactions through a single API. Mastercard (MA) has connected its blockchain-based system for shifting tokenized assets, the Multi-Token Network (MTN), with JPMorgan’s (JPM) recently rebranded digital assets business Kinexys (formerly known as Onyx). The collaboration is to enhance B2B cross border payments, the companies said in a press release on Thursday, “providing greater transparency and faster settlement…
Ethereum co-founder Vitalik Buterin has strongly criticized MicroStrategy’s executive chairman Michael Saylor’s comments on Bitcoin custody. The comments were following Saylor’s recent controversial stance advocating for Bitcoin custody through “too big to fail” banks instead of self-custody. Saylor’s controversial pivot In a recent interview with financial markets reporter Madison Reidy, Saylor suggested that Bitcoin holders have nothing to lose by transferring their BTC to major financial institutions. When he was questioned about potential state-sanctioned Bitcoin seizures, similar to the 1933 illegalization of gold holdings, Saylor dismissed such concerns as unfounded. “It’s a myth and a trope that goes on over…