Author: NBTC
Anthony Scaramucci, the Founder of SkyBridge Capital investment firm, has voiced criticism of the current state of cryptocurrency regulation in the United States. The former White House Director of Communications called for a more bipartisan approach and suggested that the European Union’s Markets in Crypto-Assets (MiCA) regulation could influence US policy. In an exclusive comment to Finance Magnates, Scaramucci emphasized the importance of collaborative actions across divisions in terms of market regulation. “I think it’s very important that we have a bipartisan commitment to crypto,” he stated, praising the efforts of Senators Kirsten Gillibrand and Chuck Schumer from New York.…
The Cortex project has made significant strides in its recent update, focusing on MIPS instruction set implementation, ZkRollup circuit development, and Cortex Full Node optimizations. These developments further enhance the platform’s machine learning and blockchain performance, driving progress in its decentralized ecosystem. Cortex shared the update details through its official X account. 1/🚀 Cortex Project Updates #127🚀#OPML1️⃣ Completed MIPS instruction set compilation for cvm-runtime & implemented the test model. 2️⃣ Fixed MIPS dynamic library loading & adapted to tensor/data types of MLVM. 3️⃣ Modified memory layout & adjusted model reading format to… pic.twitter.com/DVMDJFHwOe — Cortex Labs (@CTXCBlockchain) October 12, 2024…
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days. Flow (FLOW), a layer-1 permissionless blockchain, ranked second with 119.57 events, and Metaplex (MPLX), a decentralized NFT platform built on Solana (SOL), placed in a distant third with 19.13. Santiment notes that it does not count routine updates and utilizes a “better methodology” to collect data for GitHub events…
Bitcoin has gained traction in Q3 2024, with large-cap altcoins lagging the same period. Data from blockchain data firm Kaiko reveals that altcoins including Ethereum, Dogecoin, Solana, Toncoin, and XRP experienced a market downturn. Kaiko’s asset prices chart shows a clear shift in market dynamics, with Bitcoin solidifying its dominance as altcoins display increased volatility. Notably, ETH has declined since its spot ETFs were introduced in July. Major large cap altcoins are trailing $BTC so far this quarter as its’ dominance increases. $ETH has trended lower since the launch of spot ETFs in July. pic.twitter.com/EvkLCc7cZL — Kaiko (@KaikoData) September 18,…
FreeLunchCapital, the pseudonymous founder of Floor Protocol, paid $1.43 million worth of 588 ETH for a Non-Fungible Token (NFT). The NFT is linked to a golden Bored Ape Yacht Club (BAYC) previously belonging to the bankrupt FTX’s vault. In particular, the sale occurred on October 11 for the BAYC #7940, which has golden skin as its primary trait. Another pseudonymous member of the Bored Ape Yacht Club, Xeer, said on X it “Might be the cleanest, most aesthetic gold ape in the entire collection.” A BAYC NFT purchase revenge story against FTX and SBF This purchase has made waves in…
Singapore — Anzens Inc. is thrilled to announce its partnership with BitGo Trust, a prominent Qualified Custodian dedicated to serving institutional clients, to provide custodial services for the Cardano-based stablecoin, USDA. This collaboration brings together the technical prowess of Anzens, the issuer of USDA, along with EMURGO, the technology provider behind the Anzens platform. —The integration of BitGo’s infrastructure is a significant leap forward in ensuring the safety and security of USDA. This partnership allows Anzens to utilize BitGo’s robust services, which include a streamlined onboarding process for users, designed to meet regulatory compliance and mitigate operational risks. Shantnoo Saxena,…
Federal prosecutors charged two purported market makers, a handful of crypto projects, and over a dozen individuals with manipulating various crypto markets Wednesday, saying they profited from fees and selling manipulated coins at elevated values. According to charging documents unsealed Wednesday, Gotbit and ZM Quant wash traded various tokens to make it appear they had more legitimate activity than they actually did, selling some of these tokens at “artificially inflated prices” to others, marketing these coins on various platforms and convincing exchanges to let them buy tokens with reduced fees. Prosecutors say that both Gobit and ZM Quant publicly claimed…
Velo, a pioneering blockchain technology provider, has launched its latest Litepaper, focusing on integrating Real-World Assets (RWA) and PayFi into the blockchain space. The upgrade seeks to increase the liquidity and availability of traditional assets and integrate Web2’s loyalty programs on Web3, making them accessible to clients. 🚀 Big update, Velorians! We’ve just dropped our brand-new Litepaper on the website! It’s packed with all the details on how we’re shaking things up with Real-World Assets (RWA) and PayFi — plus, we’re blending the best of Web2 and Web3 with some seriously cool tech 💡🌐… pic.twitter.com/eXbHcvggOq — Velo Official (@veloprotocol) October…
Despite a modest uptick in Bitcoin prices this September, BlackRock’s iShares Bitcoin Trust (IBIT) has experienced sluggish inflows. It netted just $6.76 million for the month. While IBIT has been stagnant, other funds faced outflows. Bitcoin ETFs Recorded $155 Million in Outflows BlackRock’s Bitcoin ETF – IBIT saw varied trading volumes. It recorded an inflow of $15.82 million on September 16. However, this gain was offset by an outflow of $9.06 million a week earlier, culminating in a modest net inflow. On ten trading days this month, IBIT recorded zero netflow. Interestingly, this occurred during a month when Bitcoin’s value…
The non-fungible token, or NFT, market has witnessed a 4.16% plunge in sales volume over the last seven days. Here’s a breakdown of the latest data from Cryptoslam: NFT sales volume dropped in the last seven days and stands at $77.6 million — lower than weekly NFT sales in the previous week. NFT buyers dropped by a considerable 66.81% to 263,804 from last week’s 794,763 NFT sellers fell to 121,399, depicting a 67.87% drop. NFT transactions were down by over 13.78% in the last seven days to 1,662,101. Read more: Mt. Gox clients won’t get paid again in 2024: How…