Author: NBTC
Input Output, the technology company behind the Cardano blockchain, has shared its latest weekly development report, highlighting significant progress in various areas of the ecosystem. The report, revealed today, spotlights scaling initiatives, governance updates, ongoing efforts in Project Catalyst, and educational programs. According to the report, 1,373 projects are currently building on Cardano’s network. Also, the ecosystem boasts about 1.33 million delegated wallets. In addition, Cardano now supports 10.36 million native tokens, with 165,546 token policies ensuring governance and control over assets. The number of Plutus scripts deployed has reached 84,783, marking increasing adoption of smart contracts within the ecosystem.…
WazirX, the Indian crypto exchange platform, had been hacked in July 2024, which resulted in a loss of $230 million in customer funds. Ever since, the exchange platform has been making efforts to restructure and has been looking for investors. The exchange platform has recently announced its fourth Townhall, set to take place on November 6, 2024, at 5:30 IST. 📢 Fourth Townhall Announcement In this Townhall, we will introduce the new Rebalancing Calculator and discuss other value drivers that are being explored as part of the restructuring efforts. 🗓️: 6th November 2024 at 5:30 PM IST🕠: Set a reminder…
Kontrol Technologies, a Canadian public company that provides various solutions linked to smart buildings and smart cities, has announced the addition of Bitcoin to its balance sheet in a Friday press release. The company has purchased $1 million worth of Bitcoin, and it plans to continue buying the cryptocurrency in the future with its cash flows and treasury assets, adopting a MicroStrategy-like strategy. The shares of Kontrol Technologies Corp Instrument Symbol (KNR-NE) are up 4.88% on the announcement. Kontrol CEO Paul Ghezzi took note of the cryptocurrency’s growing institutional adoption in his statement, arguing that it is the right time…
Swipe-to-earn Telegram game Catizen is gearing up to reveal to players how many CATI tokens they will receive ahead of its token launch on The Open Network (TON) and airdrop, with developers also announcing a Binance Launchpool rewards campaign ahead of opening up centralized exchange claims to players. Catizen developer Pluto Studio announced Friday that it will take a snapshot of player’s in-game progression at midnight, before revealing token allocations on Saturday morning. On Sunday, players can then claim those tokens through centralized exchanges ahead of the CATI token generation event on September 20. Revealing allocations in advance could soften…
Crypto.com and Ingenico are actively engaging top merchants for a live pilot in early 2025, aiming to make crypto payments more accessible across regions. Ingenico’s “plug-and-play” solution, connected via the AXIUM Android terminals, will simplify merchant interactions with crypto payments. In an announcement earlier today, November 5, the leading crypto trading platform Crypto.com entered into a partnership with Ingenico, a global player for payment acceptance and services. As part of this partnership, the crypto exchange will bring crypto payments and merchant services to the Ingenico platform worldwide. This innovative plug-and-play solution from Ingenico will allow its merchants to accept crypto…
Henrik Zeberg, the Head Macroeconomist at Swissblock, recently provided a timeline for Bitcoin to target a new all-time high price. He discussed this in a recent analysis on X following Bitcoin’s latest upward push, which saw it retest the $73K peak on Oct. 29. Zeberg’s analysis focuses on Fibonacci levels, and key market indicators to make the case for a substantial rally. Bitcoin Fibonacci Levels and Target Zones The macroeconomist’s chart displays several important price levels. The report confirmed that Bitcoin currently trades within a prolonged consolidation phase, which has persisted since Bitcoin dropped from the all-time high above $73K…
World Liberty Financial, a decentralized finance (DeFi) crypto project being promoted by former president Donald Trump and his sons, will only sell up to $30 million of its tokens in the U.S., Bloomberg reported on Saturday. According to a notice filed by World Liberty with the U.S. regulators earlier this week, the firm “currently only plans” to sell $30 million worth of tokens in the country. While the company is based in Delaware, it is operated from Puerto Rico. The company has tokens worth around $288.5 million for sale, which means the majority of the token sales—nearly 90%—will take place…
Cyprus’ financial regulator, the Cyprus Securities and Exchange Commission (CySEC), has postponed hopes of a Sam Bankfied-Fried-linked firm resuming operations there. In a November 5th written notice, the watchdog said it had extended its suspension of FTX (EU) Ltd’s CIF license until May 30, 2025. CySEC explained it had taken the decision to allow the firm time to comply with the nation’s investment laws. Part of CySEC’s notice reads: The Cyprus Securities and Exchange Commission announces that the suspension of the authorization of the Cyprus Investment Firm FTX (EU) Ltd is extended until 30.5.2025 for the company to proceed with…
Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to $73,600 before experiencing a pullback that brought prices below $70,000. Today, the price has seemingly stabilized above $71,000. The daily BTC chart illustrates an upward trend since early October, reinforced by a reliable support range between $69,000 and $70,000, which has brought stability in recent trading sessions. This strength hints that if buying interest remains strong, bitcoin could continue its recovery, though…
Japan’s Financial Services Agency (FSA) is reportedly preparing laws to help prevent the outflow of domestic assets in the case of FTX-type trouble with crypto exchanges based overseas. The state regulator is looking to establish a “holding order” in the country’s Payment Services Act. Ostensibly in reaction to a narrowly dodged bullet with the collapse of the infamous crypto exchange FTX, Japan’s financial regulator is now looking to create a new “holding order” to prevent domestic assets from flowing overseas in the case of foreign-based exchange failures. FSA aims to avoid asset hemorrhage in case of exchange failures overseas Of…