Author: NBTC

Pantera Capital is set to launch its fifth venture-style fund in 2025, offering co-investment options to LPs with commitments of $25 million or more. Californian crypto venture giant Pantera Capital is set to launch its fifth venture-style fund in 2025, granting $25 million limited partners co-investment rights in key blockchain deals. In an email announcement seen by crypto.news, the Menlo Park-headquartered venture capital firm said that its new Pantera Fund V will offer investors exposure to a broad spectrum of blockchain assets, continuing the firm’s decade-long strategy of allocating capital across venture equity, early-stage private tokens, and locked-up treasury tokens.…

Last week, Genesis Trading started distributing about $4 billion to its creditors as part of its restructuring process. The failed cryptocurrency lender has now finished its bankruptcy proceedings and is starting to pay out a combination of digital assets and cash. This is when there is a potential threat emerging in the Shiba Inu (SHIB) market. It has come to light that Genesis Trading has 21.9 billion SHIB, worth about $294,640. This big holding by the now-bankrupt broker is reminiscent of last year’s situation with Voyager and Shiba Inu. Even though the amount is a lot smaller this time, the…

Mark Cuban has long been a vocal critic of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, over the regulator’s hostile approach to regulating the crypto industry. But only last week did the two men actually meet face to face in a CNBC green room—an experience that Cuban says was illuminating. “I told [Gary] this: You’re screwing the whole thing up, you’re pushing industries overseas,” Cuban said in an interview with Farokh Sarmad of Rug Radio, a sister company of Decrypt. “And honestly, I don’t think he got it.” The billionaire entrepreneur elaborated that it seemed like Gensler genuinely…

Sydney — Web3 gaming is taking off like never before, as Immutable Passport smashes past 3 million sign-ups this week! This massive achievement marks a jaw-dropping 2500% growth since its early 2024 launch, with registrations doubling in just the last two months.—What’s Behind the Surge?The explosion of sign-ups comes as a wave of exciting new titles hits the Immutable platform, captivating players worldwide. Some of the standout games leading the charge include:RavenQuest – Born from the hit web2 MMORPG Ravendawn, RavenQuest has quickly become a Web3 sensation, boasting over 200,000 monthly active users. It’s now ranked #5 on Top Trending…

Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Happy Fri-yay! It’s been a weird week as we not only clean the skeletons out of our closets but also prepare for the last few months of the year. But no one’s had a worse week than ETH, which is down 10% so far this week (though things are starting to look up today). So much for a bullish start to Q4. All that aside, there are some bullish trends on the horizon. For example, Permissionless is just a…

There is evidence of impending volatility as open interest in Bitcoin futures has increased to about 89,000 BTC on Binance. As new money is entering the market and positions are being established in anticipation of significant price action, this increase in open interest indicates a rise in trader activity and frequently portends sharp price movements. Traders are usually taking large bets on future market directions when open interest is this high. Still, the ramifications can change based on the mood of the market. A bullish slant to the market may indicate that traders are getting ready for a price breakout.…

Tether’s USDT, the largest stablecoin by market cap, plays a vital role beyond crypto markets, especially in countries grappling with inflation and weak financial infrastructure, according to Tether CEO Paolo Ardoino. Tether’s USDT Reaches Beyond Crypto Markets, Says CEO Paolo Ardoino In an interview with Bullish CEO Tom Farley, Ardoino highlighted that USDT has become the most widely used digital dollar globally and is proving to be significant outside the US. Stablecoins like USDT are primarily designed to provide stability in volatile crypto markets by being pegged to real-world assets like the US dollar. But Ardoino noted that in countries…

Sui, the pioneering Layer 1 blockchain known for industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti on Sui Mainnet after a successful run on Testnet. This innovative protocol cuts consensus latency to an astonishing 390 milliseconds, establishing Sui as the fastest consensus layer in the industry. Developed from extensive research into Byzantine fault tolerance (BFT) consensus mechanisms, Mysticeti represents a significant advancement from Narwhal-Bullshark, the consensus algorithms launched with Sui Mainnet over a year ago. Mysticeti achieves unprecedented transaction speeds, extending Sui’s impressive low latency performance across all transaction types on the network. Sui’s object-oriented…

Attorney Fred Rispoli provides a detailed outlook of the potential timeline for the SEC v. Ripple appeal in the U.S. Court of Appeals for the Second Circuit. The lawyer issued the analysis after the SEC filed an appeal notice in the Southern District of New York yesterday. Following the development, Attorney Rispoli highlighted the process and potential timeline of the appeal resolution. Opening Briefs Timeline According to the lawyer, the SEC appeal brief will likely be due on December 2. However, he speculated that the commission might request a 30-day extension, potentially moving the deadline beyond January 1, 2025. In…

The native token of Farcana, a Bitcoin shooter game developed in the UAE, has achieved remarkable success, securing the top position among shooter game tokens on CoinGecko. The $FAR token also ranks first on the Bybit exchange, reflecting significant investor interest. Farcana also revealed to its community about the closed text through an X post, urging the crypto community to take part to win NFTs. We are organising a closed playtest for Farcana. You have a chance to win exclusive NFTs. October 4th-6th.Time: 6 PM – 10 PM CET each dayRegister now or regret later: https://t.co/Zr7GAEh1uK pic.twitter.com/NdrbnPiWX6 — Farcana (@FarcanaOfficial)…