Author: NBTC

Solana prices rallied today, causing the highly prominent cryptocurrency to attain its highest value in several weeks. The SOL token, which is the native digital asset of the Solana platform, rose to $143.40, according to Coinbase data reported by TradingView. At this point, the digital asset had appreciated more than 10% in less than 24 hours, additional Coinbase figures supplied by TradingView reveal. Since then, the cryptocurrency has pulled back slightly, but has managed to retain the vast majority of its recent gains, trading close to $143.00 at the time of this writing. Fed Rate Cut Boost When explaining what…

Nuffle Labs has partnered with OpenGradient to enable secure, decentralized AI processing on blockchain networks. The collaboration between the two companies aims to address a common challenge for blockchain developers: integrating artificial intelligence without relying on centralized, off-chain solutions that may compromise security and trust, according to a press release shared with crypto.news. Blockchain networks and AI applications have traditionally been difficult to combine. While blockchains prioritize security and data immutability, AI systems require flexible, high-performance computing power, creating technical barriers. Nuffle Labs has launched its “Fast Finality Layer” to enhance transaction speeds and security for blockchain applications. OpenGradient will…

A massive Bitcoin whale recently transferred 1,000 BTC, worth approximately $55.36 million, to Binance at a significant loss. The transaction occurred roughly 25 minutes ago, indicating a bearish sentiment creeping into the market. This position shift has caught the cryptocurrency community’s attention, particularly given the whale’s prior moves. This giant whale already transferred 1,000 $BTC ($55.36M) to #Binance at loss ~25 minutes ago.Note that the whale just withdrew 2,322 $BTC from Binance at ~$58,597 (est. cost: $136M) between Aug 29 and Sep 3.At the current #Bitcoin price, this position has an estimated loss… https://t.co/AHbS64gVqg pic.twitter.com/8e2WHkVvis — Spot On Chain (@spotonchain)…

Ripple CEO Brad Garlinghouse has clarified the company’s stance on a potential initial public offering (IPO) amid growing interest in the XRP community. In an interview with the Thinking Crypto podcast, host Tony Edward asked about the possibility of going public if the regulatory environment improves next year. Garlinghouse made it clear that an IPO is not currently a major focus for the company. “An IPO has not been a high priority for us,” he said. Why Ripple Is Not Prioritizing an IPO Garlinghouse explained that most companies pursue IPOs primarily to raise capital, but Ripple is in a unique…

A powerful TRON whale withdrew 60K TRON Bitcoin (BTCT) from JustLend, unleashing a potential liquidity of $3.6B. The TRON-based wrapped tokens were burned, supposedly releasing the collateral on the Bitcoin main net. A new Bitcoin (BTC) whale has just appeared, after leaving JustLend on TRON. The wrapped BTC on JustLend was burned, redeeming the BTC from the smart contract. Multiple tranches of TRC-20 BTC were sent to a black hole address. The deposit of 60,000 BTC was made in 2022, with a value of $624M. Upon release, the BTC is now worth $3.77B. The move also sets the question about…

Circle and Inco Network have announced the publication of a comprehensive whitepaper outlining the Confidential ERC-20 framework. The new framework aims to bring advanced privacy features to blockchain transactions by transforming standard ERC-20 tokens into stealth-wrapped versions that hide user balances and transaction amounts. The framework, co-authored by Circle Research and Inco Network, provides a privacy-focused solution that remains compliant with regulatory compliance. Leveraging Fully Homomorphic Encryption (FHE), the Confidential ERC-20 Framework enables private transactions on public Ethereum Virtual Machine (EVM)-compatible blockchains, ensuring users’ sensitive financial data is protected. Key features of the new Confidential ERC-20 Framework are: Privacy-Enhanced Transactions:…

Bitcoin had finally seen a minor relief rally that drove it to $57,000 after the US jobs report when the bears reminded of their presence and pushed it south hard. The total liquidations have skyrocketed to about $150 million on a daily basis. The primary cryptocurrency has faced its fair share of adversity in the past week or so, as its price tumbled from $65,100 last Monday to $55,500 earlier today. This is when some positive news affected the market. As reported earlier today, the asset jumped to $57,000 after the US released the August jobs report, which outlined a…

Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country. Balance CEO George Bordianu says it’s time to bring Canada’s ETF assets back home from sub-custody arrangements in the U.S. with Coinbase and Gemini. Balance, Canada’s long-standing crypto custodian, finally attained qualified custodian status this week, prompting the firm’s CEO, George Bordianu, to say it’s time to start bringing the country’s ETF digital assets “back home.” Bordianu is alluding to the fact that the safekeeping of crypto assets underlying funds issued by ETF providers 3iQ, Purpose Investments and Evolve, end up in…

SINGAPORE – SG Forge, a subsidiary of Societe Generale, will roll out euro stablecoin EUR CoinVertible (EURCV) on the Solana blockchain, the French financial services firm said Friday. SG Forge launched EURCV on the Ethereum blockchain last year as a highly regulated, euro-centric alternative to top dollar-linked stablecoins from Tether and Circle. It has struggled to catch on: EURCV has only 28 holders, 154 lifetime transactions and an issuance of 33 million, according to its Etherscan page. The Solana debut will test whether crypto users have any appetite for Euro-linked stablecoins on a faster and cheaper network, two attributes SG…

Franklin Templeton has received approval from the Luxembourg regulatory authority (CSSF) to launch the first fully tokenized UCITS fund on a public blockchain. It will be the first fund of this type for an asset manager based in Europe. Franklin Templeton pushes the fintech world on blockchain The first Franklin Templeton fund tokenized on blockchain Tokenization: all the advantages The comments Franklin Templeton pushes the fintech world on blockchain Franklin Templeton is a company from the United States, founded in New York in 1947, but also active in Europe. It is now headquartered in California and has more than 1.6…