Author: NBTC
SBI Digital Markets, UBS Asset Management, and Chainlink have successfully completed a pilot program showcasing the use of smart contracts to manage tokenized funds. The companies announced this on Nov. 18, noting that the solution brings automated tokenized fund management to the market and leverages the Chainlink (LINK) infrastructure. With this solution, users can automate their tokenized fund management processes, unlocking blockchain capabilities for the world’s $132 trillion assets under management market. urrently, the total real-world assets on-chain represent a market of around $13.2 billion. You might also like: Trump’s World Liberty Financial taps Chainlink for offchain data Solution allows…
The broader crypto ecosystem went agog when the news of the Bitcoin (BTC) and Cardano (ADA) Bridge collaboration broke out. Despite this excitement, some pro-Bitcoin experts like Fred Krueger believe this update is overhyped, as Bitcoin does not necessarily need proof-of-stake (PoS) protocols to boost its utility. Krueger’s position and community feedback The self-acclaimed Bitcoin maxi asked the public, “Why?” The public thinks Bitcoin needs chains like Ethereum and Solana. He said some of the core innovations on these PoS chains, like DeFi and NFTs, have small use cases that Bitcoiners do not need. He said nothing will move “the…
Digital asset prices have been at an all-time high in recent weeks, but experts are downplaying the possibility of a steep market correction in the future, and mid-2025 is touted as the peak. According to a report by MV Capital, the bull run is anticipated to continue into the second half of 2025 before recording significant pullbacks. MV Capital reached its conclusion following a poll of nearly 80 digital asset investors, including hedge funds and venture capital (VC) firms. Over half of the surveyed respondents indicated optimism for an extended bull run for large-cap digital assets after a lengthy period…
Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana’s DeFi Total Value Locked or TVL increased to $5.7 billion in the third quarter, reflecting a 26% improvement from the previous quarter. Kamino, a crypto lending service, leads the count with $1.5 billion in TVL and an impressive 7% Quarter-on-Quarter growth, helped by jupSOL and PYUSD additions. Recent data also suggests that Solana’s market cap is…
Chiliz Group, known for pioneering Fan Tokens and the Chiliz Chain, is set to transform fan engagement with its latest innovation: a Web3-enabled Socios.com Wallet.— Targeting the 2.3 million users of the Socios.com platform, this wallet delivers direct ownership and enhanced control of Fan Tokens, consolidating access to the Chiliz ecosystem in one streamlined app.Key Benefits of the Socios.com WalletSelf-Custody: Users gain full control over private keys and digital assets, ensuring enhanced ownership and security.Seamless Integration: Effortlessly interact with Chiliz Chain dApps without transferring assets externally.Enhanced Security: Incorporates robust protocols to safeguard user assets.Streamlined Transactions: Simplifies buying, selling, and transferring…
October 25, 2024 – Plan ₿, an initiative founded in collaboration with Tether and the City of Lugano to promote the use of Bitcoin and blockchain technology, today hosted blockchain industry leaders, government officials, and Bitcoin enthusiasts to unveil a life-sized statue of Satoshi Nakamoto at the 3rd Annual Plan ₿ Forum in Lugano. In front of Lugano’s Villa Ciani, the presentation of the Satoshi Nakamoto statue marked a significant moment in honoring the vision and legacy of the anonymous creator of Bitcoin. The newly revealed statue captures the essence of Satoshi Nakamoto’s mystery and innovation. Designed to play with…
SushiSwap, PancakeSwap, and dYdX are innovative Uniswap alternatives, offering unique trading tools and lower fees. 1inch Foundation revolutionizes DeFi with superior aggregation services, optimizing trades for efficiency and cost-effectiveness. QuickSwap’s fast, low-cost transactions on the Polygon network make it a stellar choice for traders seeking seamless DeFi experiences. New applications are going to surface to challenge Uniswap as DeFi continues being developed, bringing with it new attributes and values. Yet, Uniswap is still an essential component of DeFi, but there is SushiSwap, PancakeSwap, 1inch Foundation, dYdX, and QuickSwap. Such platforms known for unique designs and solutions are emerging as more…
JPMorgan’s retail sentiment score for BTC and BTC-tied assets hit a record high last week. MSTR’s options market exhibited extreme upside fear or bullish speculative frenzy. Bitcoin (BTC) and everything else tied to cryptocurrency have been on fire since Donald Trump won the U.S. presidential election on Nov. 5. Those looking to board the crypto freight train now should be ready for potential twists and turns in the wild rise as data tracked by JPMorgan and other analysts shows things are getting frenzied out there. As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot…
XRP is seeing increased investor interest due to major firms quietly accumulating tokens. Rising silver prices and market pressures could impact XRP’s value significantly. Ripple’s legal developments may shape the future of XRP and its market presence. XRP is gaining traction among investors as market dynamics shift. Analyst Versan from Black Swan Capitalist recently noted on X that XRP is attracting interest through what he describes as “secret investment.” A report from 2023 revealed that JPMorgan and BlackRock have quietly accumulated significant amounts of XRP because they view it as a long-term investment opportunity. In 2023, a leaked report surfaced…
Notcoin has shared groundbreaking news about launching ‘The Not Pixel Battle’ on Telegram from November 15 to November 30. The event will allow 1024 global communities to fight through nine elimination rounds to be crowned with the Golden Pixel trophy. This is a dynamic tournament where the participants create pixel art based on the received prompt and compete for prizes in PX tokens and the recognition of other participants and the jury. Notcoin Intensifies Competition Each Round The tournament opens with 1024 unique stencils, and each community is tasked with bringing its templates to life on the digital canvas. In…