Author: NBTC
Ripple has broadened its scope in the custody scene with the recent acquisition of Standard Custody, a subsidiary of blockchain infrastructure company PolySign. In a press release last night, the Ripple team announced the latest acquisition, which builds upon a series of recent achievements for the company. According to a subsequent post on X, the firm emphasized that the acquisition would help strengthen its product offerings. Standard Custody and Trust Company offers regulated services to its clientele bordering on custody and escrow infrastructure with regulatory approval from the New York State Department of Financial Services (DFS). Being a regulated entity,…
Gnosis Pay has officially released a self-custody card to the public, igniting a new wave of excitement among crypto enthusiasts. Gnosis announced in a Feb. 17 post on X that this pay option is free of any usage fees for its early adopters. It marks a significant milestone by introducing seamless on-chain asset spending at over 80 million Visa-accepting merchants globally. The wait is (finally) over.Gnosis Cards have officially launched to the public and are shipping now 🦉💳✅ Self-custodial✅ Spend anywhere where Visa is accepted✅ 0% card usage fees for early users✅ Compliant with regulated TradFi standards pic.twitter.com/MKEFo7UzxZ — Gnosis…
Algorand Foundation and the Government of Plateau State of Nigeria are joining hands to explore pilot programs using blockchain technology in Nigeria. The partnership was announced on the official website of Algorand. The post read that the Government of Plateau State holds a strong position in the administration and governance of state services. The authority overviews routine operations in industries ranging from legislative and judicial to health care and procurement. With Algorand’s assistance, the administration will test blockchain apps throughout different sectors. Dominic Gwaman, PITCDA’s (Plateau State Information and Communications Technology Development Agency) Director General, talked about the recent partnership.…
A major Bitcoin analyst and author of the stock-to-flow model for BTC is known on the X social media network (formerly Twitter) as PlanB. PlanB has made an ultra-bullish Bitcoin prediction, stating that he expects the Bitcoin price to surge almost four times higher than its current price but evaluated his prediction in terms of the price of gold, in ounces. Bitcoin to be worth 100 ounces of gold: PlanB In a recent tweet, PlanB reminded the cryptocurrency community that currently one Bitcoin is worth 26 ounces of gold (one ounce evaluated at $2,000). His tweet states that it is…
Last summer’s handshake deal between Curve Finance founder Michael Egorov and his on-chain bailout providers recently reached expiry. During the early hours of February 1, as soon as the deal expired, three of Egorov’s counterparties were seen to move a total of 8.75 million CRV (~$41 million at current market value). Thrice-hacked Cream Finance sold a total of 2.5 million CRV for a modest 10% profit directly on chain, while the project’s divisive co-founder MachiBigBrother sent 3.75 million CRV to Binance, with a price drop indicating considerable sales immediately after. Less than two hours later, a further 2.5 million CRV…
Mastercard has launched a new NFT-powered soccer trivia game for the 2023/2024 UEFA Champions League tournament, offering fans the chance to win match tickets by testing their league knowledge, according to a press release. The competition will kick off 30 minutes before Tuesday night UEFA Champions League matches, starting February 13. Mastercard customers can participate by collecting branded NFT passes through the firm’s new “Pass to Priceless” platform. Mastercard’s NFT passes are minted on Polygon, an Ethereum scaling network. Players can answer questions about Champions League history and statistics, with each round’s winners earning match tickets as they climb up…
Founder and CEO of the asset management firm Ark Invest, Cathie Wood, stated that she doesn’t see the Securities and Exchange Commission (SEC) approving spot exchange-traded funds (ETFs) tied to cryptocurrencies other than Bitcoin and Ethereum. In a statement given during her interview with WSJ’s Take On the Week podcast, Wood talked about the probability of a spot ETF backed by a coin other than Bitcoin and Ether being listed in the U.S. “We’d be surprised to see anything but bitcoin and ether being approved by the SEC,” Wood stated. ARK Invest is one of the asset management firms that…
With 2024 already underway, the anticipation in crypto circles is hitting a fever pitch as everyone braces for Bitcoin’s halving – an event that could reshape its market landscape. It deserves to be looked into as historically this event sparked transformative waves across the crypto scene. Knowing what we’ve learned from previous halvings, we’re set to steer ahead with a keen eye, making sure our moves are shaped by those insights. But is this upcoming halving any different? Let’s figure it out. From Digital Gold to Rare Platinum: Bitcoin’s Story of Increasing Scarcity and Value Bitcoin design is all about…
Due to an apparent bug, Solana experienced five hours of downtime Tuesday morning. Solana’s DeFi protocols have seen a surge in activity amid a raft of airdrops, but the bullishness was temporarily on hold as validators slowly moved to an upgraded version of the network. Still, the Discord channels where Solana DeFi users gather to chat mostly voiced commitment to the Solana ecosystem as the network went back online. At the time of the last outage in February 2023, Solana’s decentralized finance protocols held roughly $260 million of total value locked (TVL), according to DeFiLlama. Today, that number stands at…
In the ever-evolving digital landscape, safeguarding your business from NFT phishing attacks and spam has become more critical than ever before.— Enter Fireblocks, a Web3 security leader, and its Head of R&D for Web3, Avi Bashan, who unravels the driving factors behind this trend. From exploiting Twitter verified badges to the surge of NFT minting on Layer 2 blockchains, Fireblocks introduces a cutting-edge threat detection tool within its NFT Library, providing essential defense against financial losses and reputational harm. As per blockchain analytics firm Elliptic, over $100 million worth of NFTs have been reported stolen through scams from 2021 to…