Author: NBTC
Web3 Enabler confirms building an open-source application to support the integration of XRP transactions within the Salesforce ecosystem. The firm announced the development via a Tuesday evening update on X, echoing the official statement on its website. Web3 Enabler urges Salesforce users to learn how to integrate XRP payments into their platform. The post assures Salesforce users of detailed discovery about enhancing business operations with crypto payments in their customer relationship management (CRM). 🚀 Exciting news for Salesforce users! Learn how to integrate #XRP payments seamlessly into your #Salesforce platform. 💵 Discover more about enhancing your business ops with crypto…
Red Dead Redemption, a popular Rockstar action-adventure game, may soon be available for PC players. The hint was leaked in the most unusual place, the PlayStation Store, which was updated with information indicating PC users will, for the first time, enjoy the game’s experiences. The Rockstar action-adventure game Red Dead Redemption turned 14 in May this year. The game was first released in 2010 and was available on the PlayStation 3, PlayStation 4, Xbox 360, and Nintendo Switch. However, the developers have never released a PC port for the game since its launch. The leaks suggest PC gamers may finally…
Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt Repayment On Tuesday, Core Scientific outlined plans to utilize the proceeds to settle existing loans and redeem outstanding senior secured notes due 2028. The notes will be sold privately to institutional investors, with Core Scientific holding the option to expand the offering by an additional $52.5 million.…
One of the most high-flying crypto stocks came crashing back to Earth this week after a report argued that it wasn’t rising “for the right reasons.” Today, the company issued a strenuous defense of its business. In its Tuesday issue, crypto newsletter CoinSnacks outlined an extensive marketing campaign undertaken over the past few months to provide positive coverage for DeFi Technologies (DEFI)—a Toronto-based crypto fund provider that publicly trades on Canada’s Chicago Board Options Exchange (CBOE). The price of DEFI stock has risen sharply along with other companies that have adopted Bitcoin as their primary treasury reserve asset, following the…
Humble DeFi, the one-stop-shop DeFi platform merges with Pact Fi to form a strong powerhouse in the Algorand DEX space. Both FinTech platforms are going to merge their expertise to offer better services for customers of Algorand DEX ecosystem. Algorand Foundation shared this update on the official X account. 🤝 @HumbleDefi and @pact_fi are merging to form a powerhouse in the Algorand DEX space.With their combined expertise, extensive product lines, and a shared vision, they’re set to lead the DeFi landscape beyond Algorand.Pact’s branding and product line will continue while… pic.twitter.com/ASJvPzEhK3 — Algorand Foundation 🐍 (@AlgoFoundation) August 12, 2024 With…
Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis. In exchange, a portion of the taker fees from trading nBTC or its derivatives on Osmosis will be shared with Nomic. Sunny Aggarwal, co-founder of Osmosis, expressed strong support for the proposal, highlighting its potential to revolutionize revenue models for crypto bridges. Aggarwal noted that this collaboration aligns the interests of both Osmosis and Nomic, aiming…
As blockchain technology rapidly evolves, it is challenging to predict which innovations will endure, both practically and in terms of user engagement. Many promising developments have failed to make a lasting impact due to various factors, but some breakthroughs do manage to gain meaningful traction. One such innovation is restaking, an evolution in liquid staking, which addresses liquidity issues in DeFi by allowing users to “restake” ETH that has already been staked with Ethereum through Actively Validated Services (AVSs). For those unfamiliar, an AVS is essentially a blockchain protocol that helps support scaling solutions on Ethereum. Restaking was pioneered by…
The state Federal Reserve Chair Mickey Bowman, known for her hawkish stance on the Federal Open Market Committee (FOMC), spoke cautiously about the path of inflation. “I’m not confident that inflation will decline as it did in the second half of last year,” Bowman said, adding that uncertainties surround inflation trends. Bowman also raised the possibility of a future rate cut, depending on positive economic data. “If incoming data continues to show inflation moving sustainably toward our 2% target, it would be appropriate to gradually reduce the federal funds rate to prevent monetary policy from becoming overly restrictive on economic…
Coinbase, the leading crypto exchange in the US, recently announced that it will include Stader (SD) in its asset listings roadmap. This announcement spurred a dramatic surge in SD’s price. SD Token Price Surges Amid New Listings According to BeInCrypto’s data, SD has risen nearly 104% from $0.417695 to $0.850730 within just four hours. Despite the initial surge, SD’s price has stabilized. It is trading at $0.642826 at the time of writing. Read more: Top 7 High-Yield Liquid Staking Platforms To Watch in 2024 SD Price Performance. Source: BeInCrypto Stader is a non-custodial, multi-chain liquid staking platform. It offers users…
Bitcoin’s price has been range-bound, influenced by the cash-and-carry arbitrage strategy. Institutional trading behavior continues to reinforce range-bound expectations. Bitcoin has been oscillating between $56,552 and $73,777 for several weeks, creating a highly volatile trading environment. Traders face the challenge of determining breakout directions within this unpredictable range. Experts recommend waiting for a clear breach of resistance levels before making significant trades. As reported in Coin Market Cap news updates, this situation adds to the complexity of making significant trades. Impact of Cash-and-Carry Arbitrage Bitcoin’s recent price stagnation is primarily due to the cash-and-carry arbitrage strategy, as highlighted by Glassnode.…