Author: NBTC
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…
1inch, a decentralized finance (defi) platform, has officially rolled out Fusion+, a cross-chain swapping tool designed to enhance the security and simplicity of decentralized transactions. Fusion+ by 1inch Aims to Improve Security and Usability in Defi Swaps As shared with Bitcoin.com News, the 1inch announcement highlighted Fusion+ as a solution to persistent challenges in cross-chain interoperability, which the team sees as a barrier to broader adoption of defi. Traditional approaches often depend on centralized bridges, which come with security concerns, or decentralized methods that many users find overly complex. 1inch asserts that Fusion+ tackles these problems head-on with its decentralized,…
Ethereum co-founder Vitalik Buterin, who has influenced the price of the asset with his posts and statements in the cryptocurrency market, recently praised the altcoin called Polygon. Responding to a post from the X account, Buterin praised Polygon’s ZK performance. At this point, Daniel Lubarov, the developer of Ethereum layer-2 scaling solution Polygon Zero, first shared that the performance of the zero-knowledge proof system Plonky3 has made a major breakthrough and can process more than 2 million hashes per second. (Polygon Plonky3 was an open source system that allowed zero-knowledge (ZK) developers to build their own virtual machines based on…
Gary Gensler, the high-profile and often polarizing chair of the U.S. Securities and Exchange Commission, announced his resignation, effective the day President-elect Donald Trump takes office. Here’s the announcement on X: On January 20, 2025 I will be stepping down as @SECGov Chair.A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 Gensler’s decision is hardly unexpected for those attuned to Washington’s political rhythms. Leadership changes at federal agencies often coincide with the arrival of a new administration, especially when there’s an ideological shift. Here’s a closer look at the situation. Table of Contents Gensler’s crackdown on crypto Social media…
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what’s next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 21, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. Cipher Mining (NASDAQ: CIFR) has delivered one of the strongest YTD performances among public Bitcoin miners as of November 19, 2024. Within investment circles, comparisons between TeraWulf and Cipher have sparked interest, with some noting the latter’s stronger…
SunPump, since its launch, has made significant advancements in the TRON meme ecosystem. The platform has joined forces with an impressive range of FinTech firms. The alliances include centralized exchanges (CEXs), decentralized exchanges (DEXs), wallets, and many more. 🌟 Introducing the SunPump Partner Landscape 🌟Since our launch, #SunPump has proudly joined forces with dozens of ecosystem partners, including CEXs, DEXs, wallets, and more.🫶 Your steadfast support has been pivotal in driving growth within the #TRON meme ecosystem. A… pic.twitter.com/fFrmYueEGY — SunPump (@sunpumpmeme) November 20, 2024 SunPump has strengthened its position as a key player in the Web3 space through different…
Cardano founder Charles Hoskinson has expressed agreement with the idea that ADA is “the main character” in the ongoing bull market. Nebulor, an advocate of Cardano, recently took to X to share his sentiment about the ADA token, the 11th largest cryptocurrency with a market cap of $12.45 billion. He noted that, in his view, ADA seems to be emerging as the main character in the market at this time. This opinion quickly gained traction within the community, especially among Cardano supporters. Some resonated with Nebulor’s view, noting that “something big” is on the horizon, while others found the claim…
A recent analysis of Bitcoin’s Net Unrealized Profit/Loss (NUPL) provides intriguing insights into its market dynamics, suggesting an emerging uptrend. NUPL, a popular indicator used to gauge the overall sentiment of Bitcoin holders by measuring the division between unrealized profit and unrealized loss, remains above the pivotal 0.50 mark. This threshold often indicates that most Bitcoin holders are in a state of profit, which can precipitate bullish market behavior. NUPL Analysis: Indications of Market Sentiment and Potential Uptrend“The fact that the technical aspects of the price and NUPL are correlated and NUPL remains above 0.50 may reflect that we are…
Amid the ongoing pullback in Solana, whale activity involving SOL has been on the rise, particularly in staking wallets. Transaction records on SolScan reveal substantial whale activity, with several SOL transfers from Binance to the wallet address AA21…VxH9. Lookonchain’s analysis indicates that this whale moved 206,111 SOL, valued at $36 million, from the Binance exchange over the past nine days. Whales continue to buy $SOL and stake it! AA21…VxH9 has withdrawn 206,111 $SOL($36M) from #Binance and staked it in the past 9 days.https://t.co/1vpVWG5SSK pic.twitter.com/42EAFnhQ7D — Lookonchain (@lookonchain) October 31, 2024 Such movements, especially from large holders, typically indicate an optimistic…