Author: NBTC
DZ Bank to give its 700 cooperative bank customers access to crypto. Rival lender Commerzbank earlier announced it would offer trading in cryptocurrencies to German corporate clients. Germany’s DZ Bank is giving its 700 cooperative bank customers access to cryptocurrencies in a tie up with Boerse Stuttgart Digital, the exchange said in a press release on Thursday. The country’s second largest bank will offer its cooperative bank clients cryptocurrency trading and custody services, enabling them to give their retail customers access to digital assets. The technical and operational set-up has already begin, the exchange said, and the first banks will…
SoonVerse recently announced a partnership with DeChat, a secure Web3 communications protocol. This news was shared on SoonVerse’s official X account. It highlights the potential benefits of this collaboration. 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒𝐇𝐈𝐏 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐄𝐌𝐄𝐍𝐓 𝐰𝐢𝐭𝐡 𝐃𝐞𝐜𝐡𝐚𝐭@dechat_io is an open, secure web3 communications protocol that powers decentralized user interactions.💬𝐇𝐞𝐫𝐞’𝐬 𝐡𝐨𝐰 𝐃𝐞𝐂𝐡𝐚𝐭 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞𝐧𝐞𝐟𝐢𝐭 𝐒𝐨𝐨𝐧𝐕𝐞𝐫𝐬𝐞:1️⃣Better Community… pic.twitter.com/6PtYJ5QpF1 — SoonVerse❤️AIGG (@soon_verse) September 19, 2024 SoonVerse Aims for Stronger Community with DeChat’s Secure Protocol DeChat makes it safe and personal to have a decentralized relationship with the users that are involved. It is something that might be useful for communities that wish to engage in interactions in…
After briefly nearing the critical level of $70,000 driven by the optimism stemming from the speech of the former United States President and current presidential hopeful Donald Trump, Bitcoin (BTC) has retraced into the area below $65,000, and artificial intelligence (AI) algorithms are bearish. As it happens, Bitcoin started to drop upon the news that the U.S. government had transferred nearly 30,000 BTC, worth about $2.02 billion at the time, from the cryptocurrency wallets related to the Department of Justice’s Silk Road seizures, as per Arkham Intelligence information. Interestingly, the move arrives after Trump reiterated he would be willing to…
Balancer has emerged as an Automated Market Maker (AMM) innovation, showing remarkable growth in the past year. A consistent increase in swaps on the exchange has solidified its role as a base layer for decentralized trading systems. Aura Finance, a DeFi protocol that allows you to boost your yield and governance power on Balancer, shared this groundbreaking news through its official X account. A trend we’ve seen is @Balancer becoming the base layer for AMM innovation.@GyroStable’s success has been a major contributor to this, with 11% of all Balancer volume flowing through Gyroscope’s highly efficient E-CLP pools.@CoWSwap’s CoW AMM protects…
In a recent interaction on X, David Schwartz, the Ripple CTO and one of the key architects behind XRPL, addressed a key misconception about XRP Ledger. An X user “Anders” inquired about Schwartz’s thoughts on XRPL being described as “permissioned,” “semi-permissioned” or “trusted” in various documents from different organizations. Schwartz responded saying, “I think it’s nonsense. A lot of things about blockchains really matter, but how specifically they happen to solve the double-spend problem is pretty much irrelevant. What possible effect does it have?” I think it’s nonsense. A lot of things about blockchains really matter, but how specifically they…
The Moskowitz Law Firm filed another class-action lawsuit against a crypto firm Thursday, this time alleging that OpenSea’s customers were sold NFTs as unregistered securities. The lawsuit brought in a Florida federal court claims that two residents of the Sunshine State sustained damages as a result purchasing NFTs on the platform, which served as a go-to place to purchase digital art and collectibles when the NFT market ran red-hot in 2021 and 2022. “We have learned a great deal in our extensive crypto litigation,” Moskowitz Law Firm Managing Partner Adam Moskowitz told Decrypt in a statement. “With today’s ever-changing regulation,…
FTX is gearing up to release $16 billion to creditors by Q4 2024, potentially providing a fresh influx of liquidity into crypto markets. Adding to the positive sentiment, pension funds like PRIM are looking into investment opportunities in digital assets, suggesting growing mainstream acceptance and institutional interest in cryptocurrency. Pension Fund’s Crypto Foray Boosts Confidence Though traditionally conservative, the Massachusetts Pension Reserves Investment Management (PRIM) Board has joined a growing list of institutional investors with exposure to cryptocurrency. PRIM manages public pension assets through the Pension Reserves Investment Trust (PRIT) Fund, which recently reached a record $105.3 billion in assets…
Securitize has partnered with Wormhole to integrate cross-chain capabilities for all tokenized assets on its platform. Securitize, the tokenization platform backed by financial giant BlackRock, announced a new integration with the Wormhole Foundation, enhancing the cross-chain capabilities of its tokenized assets. The collaboration, announced in a Sept. 20 blog post, is expected to enable future assets issued via Securitize to leverage Wormhole‘s blockchain interoperability framework. Under the partnership agreement, Wormhole’s messaging protocol will be customized by Securitize with its own smart contracts to meet asset managers’ regulatory requirements. Securitize, which facilitates tokenized securities, sees the integration as a significant step…
The gap between bitcoin’s volatility bands has narrowed to 20%. A similar reading preceded Bitcoin’s late 2023 surge. Traders bored of bitcoin (BTC)’s range-ridden days might want to return to their computer screens. An indicator called “Bollinger bandwidth” that successfully predicted the late 2023 volatility boom is glowing brightly again. Bollinger bands are volatility bands placed two standard deviations above and below the 20-day/week simple moving average of an asset’s price. The bandwidth, an unbound oscillator, is derived by dividing the spread between the volatility bands by the 20-period SMA. Bitcoin’s Bollinger bandwidth has declined to 20% on the weekly…
AVALand Network and Cryptopia World have developed a strategic partnership to revolutionize decentralized finance (DeFi) and gaming domains. This approach combines Cryptopia’s advanced web3 support with AVALand’s blockchain technology, opening up new possibilities for developers and gamers. 🎊Partnership Announcement: AVALand & Cryptopia🎊🥳We are excited to announce a strategic partnership between @avaland_network and @Cryptopia_world!💎Cryptopia, a cutting-edge web3 public chain, optimizes DeFi idle assets and unlocks new value in the GameFi space. By… pic.twitter.com/gU4XaU0wfc — AVA Land 🔺 | TESTNET IS NOW LIVE 🔥 (@avaland_network) September 21, 2024 AVALand, redefining the gaming industry with AI, shared this strategic partnership on its official…