Author: NBTC

In a bid to simplify the complex world of cryptocurrency for a new generation, a group of former Monero developers, including core contributor Riccardo Spagni (also known as “fluffypony”), are launching the testnet of their Tari Universe desktop application for mining the eponymous Tari token. According to Tari contributor Naveen Jain, Tari was inspired by the early days of Bitcoin when anyone could mine cryptocurrency on their computer without the need for specialized equipment—before expensive, energy-consuming mining rigs became the norm. “If you think about a new person who doesn’t already have a MetaMask wallet installed and doesn’t have an…

Former President Donald Trump’s DeFi project, World Liberty Financial, will not be exempt from the stringent and opaque regulations imposed on US-based crypto ventures, according to SEC Commissioner Mark Uyeda. In an upcoming interview with Fox Business journalist Eleanor Terrett, Uyeda acknowledged the challenges Trump’s project will face as it navigates the complex regulatory environment for digital assets. However, he also clarified that these will largely relate to disclosure-related requirements, and the SEC would not act as a “merit regulator.” He said: “The Commission is a disclosure regulator, not a merit regulator. We do not judge the merits or risks…

Singapore – Crypto exchange OKX has taken a turn of sorts over the past few months. It is rethinking its strategy in three major areas; the look and tech aspects of its application, its approach toward regulation and expansion, and its brand strategy as the primary partner of McLaren Formula 1 Team, OKX CMO Haider Rafique told CoinDesk in an interview. Rafique revealed the behind the scenes action at OKX in the past year at the unveiling of a limited-edition livery design on the McLaren MCL38 F1 race cars as Singapore gears up for its Grand Prix this weekend. The…

APRO Oracle has officially integrated with The Open Network (TON), a decentralized blockchain platform that supports decentralized applications and digital assets. This collaboration marks a significant step for TON’s ecosystem, as APRO Oracle brings stable and real-time price data for various assets, including Bitcoin ($BTC), Toncoin ($TON), and other assets like Dog($DOG) and Notcoin ($NOT). 🧪Unveiling the APRO Oracle Alliance! @ton_blockchainAPRO Oracle is now integrated with #TON! As a decentralized blockchain platform, TON (The Open Network) aims to build a distributed, high-performance ecosystem supporting decentralized applications and digital assets. APRO… pic.twitter.com/C7NTU2hovl — APRO Oracle 🇸🇬Token2049 (@APRO_Oracle) September 19, 2024 Supporting…

Willy Woo, popular trader and crypto entrepreneur, has taken to social media to discuss with his audience how high Bitcoin can potentially rise in the long term. He suggested there are two levels, minimum and maximum ones, depending on how much of all global wealth assets will be allocated into BTC. Here’s how high Bitcoin can go, per Woo; “$24 million never gonna happen” The trading expert believes that in accordance with “simple maths,” the lower band for Bitcoin sits at $700,000 and the upper one is $24 million per BTC. However, he immediately said that $24 million is “never…

19 September 2024—Tether Operations Limited, the largest company in the digital asset industry, has announced a strategic investment of $1.5 million in Sorted Wallet, a platform designed to provide easy access to cryptocurrencies for users in emerging markets. This investment aims to enhance financial inclusion across Africa and Southern Asia. Sorted Wallet offers secure and accessible cryptocurrency transactions, bridging the gap for unbanked and underbanked individuals in developing regions. Catering to users with limited access to advanced technology, the platform is specifically designed for feature phones and low-powered smartphones, providing a non-custodial wallet that promotes economic empowerment and financial inclusion.…

Cardano founder Charles Hoskinson has announced a $1 million challenge to the ADA community. At the recent Rare Evo 2024, Hoskinson revealed a 1 million USDM bounty available for anyone who could hack a Lace Paper Wallet. The Cardano founder shared a clip on X announcing the challenge and a tweet that read, “If you can hack it, you can keep it.” “One million dollars.” The challenge invites members of the ADA community to attempt to hack the Lace Paper Wallet and thus contribute to securing the platform. If you can hack it; You can keep it! 1 million dollars!…

India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing improvement, especially in regulating the non-financial sector and virtual asset providers. The country was urged to adopt a risk-based approach to protect non-profits and address delays in financial crime prosecutions. India Commended by FATF for Anti-Money Laundering Progress The Financial Action Task Force (FATF) announced on Thursday that India has reached “a high level of technical compliance across the…

In a significant move, major crypto exchange Coinbase has announced new crypto listings on its platform. This development comes at a time when market sentiment is notably positive, with several cryptocurrencies posting significant gains on the 24-hour basis. In a listing announcement, Coinbase announced that Aleo (ALEO) is now live on the Coinbase platform and on the Coinbase iOS and Android apps, with the “Experimental” label, allowing users to buy, sell, convert, send, receive or store the crypto asset. Trading will begin later today if liquidity conditions are met. Once sufficient supply of this asset is established trading on our…

Today at Solana Breakpoint, a global Solana conference, Phantom announced the launch of its new embedded wallets, aimed at simplifying the onboarding process for developers and new users. The announcement was made via Phantom’s official account on X (formerly Twitter). It highlights the company’s commitment to enhancing user experience in the cryptocurrency space. Today at @SolanaConf, we announced embedded wallets to help developers simplify new user onboarding.The most trusted, user-friendly wallet will also be the most app-friendly:📧 Seedless sign-in✨ Full-featured UI🌐 Universal Phantom accountAll for 🆓 pic.twitter.com/6Z42QVb3np — Phantom (@phantom) September 20, 2024 Phantom Introduces User-Centric Features for Improved Wallet…