Author: NBTC

The Hong Kong Chief Executive’s 2024 Policy Speech, specifically Article 99, outlines a comprehensive strategy to advance the territory’s crypto ecosystem and fintech innovation. The government plans to promote Central Bank Digital Currencies (CBDCs), regulatory frameworks for over-the-counter (OTC) trading, and tokenization technology, as well as introduce new legislation for stablecoins. The Hong Kong Monetary Authority (HKMA) is actively testing cross-border payment solutions using CBDCs. As part of the mBridge platform, the HKMA is expanding technology solutions for commercial settlements and increasing participation from both the public and private sectors. The Financial Services and Treasury Bureau (FSTB) is set to…

TON blockchain experiences hyperload for the first time as several large-scale projects with millions of users appear. Currently, the platform is gearing up for the biggest token launch in history, with Hamster Kombat gearing to drop tokens to the 131 million users. TON’s “Mintless Jettons” technology is reportedly set to solve scalability problems by enabling the distribution of tokens quickly without spending more than $1 in gas fees. In the current week, the TON blockchain activity has experienced a record level with the multiple project launches and considerable increase in the number of transactions. This has created a great testing…

If you still intend to buy Bitcoin in 2024, you are “very late,” according to financial commentator Peter Schiff. Schiff has pointed to the fact that gold’s market cap gain is already five times bigger than Bitcoin’s total market cap this year alone. The cryptocurrency is currently valued at $1.15 trillion, according to CoinGecko data. Room for growth Bitcoin is so far up 38.5% on a year-to-date basis, but some analysts believe that it could surge higher. Hedge fund manager Mark Yukso and Fundstrat’s Tom Lee previously predicted that Bitcoin could end up reaching $150,000 as soon as this year.…

A Journalist from Nikkei FinTech says Japan will likely introduce a central bank digital currency (CBDC) around 2030. The news is polarizing to many, as some Ripple adoption hopefuls see the potential move as a boon to their bags, and sceptics see little more than a draconian corruption of cash. Anyone who’s lived in Japan for the last few years can see it: the long-time “cash is king” society is starting to reject paper money and coins. The trend has begun to take hold in urban centres like Tokyo, with restaurants refusing physical yen, but could easily become a nationwide…

A substantial transfer of SAND tokens has caught the attention of market watchers, as a wallet received 41 million SAND, equivalent to approximately $11.77 million, from The Sandbox Genesis wallet. Within six hours, the same wallet deposited 25 million SAND, valued at around $7.17 million, into leading cryptocurrency exchanges Binance and OKX. The significant movement of tokens has sparked discussions about potential implications for SAND’s price and market dynamics. The transfer was first identified when 41 million SAND tokens were moved from The Sandbox Genesis wallet to an unknown wallet. Shortly after, 25 million of these tokens were sent to…

As blockchain adoption grows, so do risks like frontrunning attacks, token scams, and cross-chain vulnerabilities. Blockchain security protocols are crucial in this regard, ensuring that every step of a transaction — from initiation to confirmation — is protected. Understanding end-to-end transaction security is key for users and developers to avoid losses and ensure safe, uninterrupted network interactions. This article explores the top protocols ensuring secure blockchain transactions in 2024. In this guide: Top 5 blockchain protocols What is end-to-end transaction security? Is it enough to secure transactions with blockchain security protocols? Frequently asked questions Top 5 blockchain protocols In brief,…

Bitcoin price is holding gains above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is attempting a fresh increase above the $57,200 support zone. The price is trading above $57,500 and the 100 hourly Simple moving average. There is a key contracting triangle forming with resistance at $58,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb higher if it clears the $58,500 and $58,650 resistance levels in the near term. Bitcoin Price Could Extend Gains Bitcoin price started a decent increase after…

TABLE OF CONTENTS Why People Buy NFTs What You Get When You Buy an NFT Misconceptions About NFT Ownership How NFT Value Is Determined Potential Benefits Of Owning NFTs Risks And Challenges Of Owning NFTs Bottom Line Frequently Asked Questions (FAQs) NFT purchases raise questions about what buyers actually acquire. This article examines the realities of NFT ownership, including rights, digital asset components and blockchain implications. I’ll address misconceptions, explore factors affecting NFT value, and discuss potential benefits and risks. Our goal is to provide a clear understanding of NFTs, helping readers make informed decisions in this digital asset market.…

With only a short time left until the US Presidential elections, Donald Trump is leading his opponent Kamala Harris by a significant margin. At this point, while the probability of Trump winning was priced at 59.7% on Polymarket, a mysterious trader named ‘Fredi9999’ supported Trump’s victory and bet millions of dollars on Polymarket. The political betting markets have been shaken by a mysterious trader known by the alias Fredi9999, who continues to place significant bets that former President Donald Trump will defeat Kamala Harris. Donald Trump is Forwarding! According to a post by data analysis platform Lookonchain, the Trump-Harris race…

Chiliz CEO Alexandre Dreyfus recently discussed the company’s six-year journey to understand the Korean market. In an interview at Korea Blockchain Week, he detailed Chiliz’s efforts to form partnerships and enter the Korean sports and entertainment industry. [INTERVIEW] Chiliz spent 6 years learning about Korean market, and it’s time to expand https://t.co/SPFmtCaR4B — Alexandre Dreyfus 🇹🇷 (@alex_dreyfus) September 25, 2024 His vision centers on connecting sports and entertainment, leveraging blockchain technology to transform fan experiences. Dreyfus stressed that despite obstacles, Chiliz remains dedicated to long-term growth in the Korean market. Chiliz Forges Key Partnerships in Korean Sports and Payments Chiliz…