Author: NBTC

Binance has announced its support for the upcoming major network upgrade on aelf (ELF) to ensure a seamless experience for its users. The upgrade is scheduled to take place on December 25, 2024, at approximately 10:00 (UTC), at block height 248,832,789. Binance will handle all technical requirements on behalf of its users to ensure the upgrade is completed successfully. Temporary Suspension of Deposits and Withdrawals Starting from December 25, 2024, at 09:00 (UTC), deposits and withdrawals on the aelf (ELF) network will be temporarily suspended. This precaution is taken to ensure the safety of user funds and to facilitate the…

In a thrilling development for AI and blockchain enthusiasts, FoxWallet has started a strategic collaboration with Autonomy Network. The strategic partnership targets to redefine the development and utilization of dApps, simplifying the inclusion of AI-driven tools into the Web3 network. The platform revealed this initiative on social media. 🥳@FoxWallet is partnering with @AutonomysNet, the foundation layer for AI3.0! 🤩Our upcoming integration will simplify access to AI-powered decentralized applications (super dApps) for both developers and users. 🤝Together, we aim to empower web3 users with innovative tools… pic.twitter.com/LJ2LNoQr7p — FoxWallet Official (@FoxWallet) December 10, 2024 FoxWallet and Autonomy Transform dApp Development with…

Bitcoin’s price has trended within a narrow range since it hit a new all-time high of $103,647 on December 5. It has since faced resistance at $101,509 and found support at $94,306. Currently trading around $98,000, the leading coin may struggle to break the $100,000 price mark in the meantime. This analysis delves into the reasons behind this resistance. Bitcoin Long-Term Holders Book Gains The negative readings from BTC’s Hodler Net Position Change confirm that its long-term holders (LTHs) have been actively selling their holdings, potentially contributing to the price consolidation. Per Glassnode data, on November 10, the metric’s value…

Sam Bankman-Fried (SBF), the former billionaire and cofounder of the collapsed FTX crypto exchange, is reportedly drafting a prison memoir while serving a 25-year sentence at Brooklyn’s Metropolitan Detention Center (MDC). Bankman-Fried, who was convicted of fraud, has shared excerpts of his writings through his father, Joe Bankman, aiming to find a publisher for the project. What will Happen to Royalties From FTX Founder’s Memoir? Despite the memoir’s potential to secure a lucrative advance—estimated by a literary agent at seven figures—Bankman-Fried will not profit. As part of his sentencing, he faces an $11 billion forfeiture, which will prioritize compensating the…

BLOCKLORDS, a highly anticipated medieval strategy game, has formally announced a partnership with DeepLink, a decentralized AI cloud gaming protocol. This statement was made through BLOCKLORDS official X account. A new era of gaming begins! ⚔️🎮BLOCKLORDS is excited to connect with @DeepLinkGlobal to explore how their decentralized AI cloud gaming tech complements our medieval strategy adventure! 🚀Get ready for a seamless gaming experience powered by blockchain innovation. 🛡️Stay… pic.twitter.com/0vreo64Rvl — BLOCKLORDS | ON EPIC GAMES STORE (@BLOCKLORDS) December 12, 2024 BLOCKLORDS Partners with DeepLink to Shorten Load Times and Improve Gameplay The use of DeepLink’s decentralized AI will integrate with…

Binance CEO Richard Teng announced that the crypto exchange saw a total of $21.6 billion in user fund deposits throughout 2024 alone, following a surge in Bitcoin and Tether deposit value across all exchanges. In a recent X post on Dec. 12, CEO of Binance Richard Teng said that the crypto exchange recorded user fund deposits amounting to $21.6 billion in value across 2024, which is nearly 40% higher than the combined inflows of 10 other major exchanges. “In 2024, Binance recorded an incredible $21.6 billion in user fund deposits!” said Teng in his post, . He also added that…

Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000. According to Martinez, whales are buying every dip as a sign of their strong bullishness about Bitcoin. He added that the price correction is merely a test of investors’ resilience, and those who took advantage are best positioned to ride the next wave. He said: “This correction is a test of resilience, and if you…

Russia’s Central Bank has recognized Ripple’s potential for cross-border payments amidst ongoing uncertainty about the SEC’s appeal in its case against Ripple. In a report titled “Digitalization of Payments and Implementation of Innovations in the Payment Market (2024),” the Central Bank of Russia acknowledged Ripple as an emerging player in global finance. Alpha Lions Academy CEO Edo Farina highlighted the central bank’s update and emphasized XRP’s role in Ripple’s operations. According to Farina, the report positions XRP at the core of Ripple’s activities. BREAKING: 🚨 The Central Bank of Russia 🇷🇺 has published a paper titled “Digitalization of Payments and…

Ripple CEO Brad Garlinghouse has addressed recent comments made by former SEC official John Reed Stark during a recent “60 Minutes” episode, arguing that his points were “provably false.” Stark, who made an appearance on the program together with Garlinghouse, was highly critical of cryptocurrencies, stating that they are “a scourge” for society while also claiming that crypto tokens are securities. His harsh words attracted some backlash within the XRP community, with Garlinghouse himself taking aim at Stark by calling him a “shill” for SEC Chair Gary Gensler. In response, Garlinghouse clarified that he has never actually spoken with Gensler.…

OKX partners with Kemet to provide clients with advanced derivatives trading technology. The move aligns with the growing institutional demand for sophisticated trading solutions. OKX Ventures invests $5M in TON Ventures to develop the best solutions for TON applications. OKX, a Seychelles-based cryptocurrency exchange, announced its strategic alliance with Kemet Trading, a digital asset derivatives trading platform. This collaboration enables OKX clients to leverage Kemet’s advanced position, risk, and portfolio management tools. Thus, the development could bring advanced derivatives trading technology to its institutional clients. In an official blog post, OKX revealed the Kemet Trading partnership aligns with the increasing…