Author: NBTC
Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) announced on Feb. 13. The commission said about 3,500 corporate entities, including listed companies, will be “subject to the pilot test.” In a statement, the FSC said institutional investors, or so-called qualified investors, have demonstrated significant demand for pursuing blockchain-related business, hence its approval of…
Aevo has announced the launch of an innovative and groundbreaking airdrop project. With this launch, eligible traders will get a chance to acquire $BLUE tokens as a part of an airdrop on the Sui Network. This advancement is linked to Aevo’s continuous endeavors and Aevo aims to reward early adopters and enhance its ecosystem engagement. We’re excited to share the launch of our latest Aevo Airdrops project@bluefinapp $BLUE 🎉• If you traded the $BLUE pre-launch before TGE, you’re eligible for a $BLUE airdrop.• $BLUE is on the Sui Network, so we’ll distribute tokens on the Sui Chain.• Connect your wallet……
The European Securities and Markets Authority (ESMA) has unveiled comprehensive guidelines requiring crypto-asset service providers to ensure their staff meet stringent knowledge and competency standards, marking a significant step toward professionalizing the industry under Markets in Crypto-Assets (MiCA) regulation. The proposed framework, released today (Monday) in a consultation paper, establishes minimum qualification requirements and mandatory continuous professional development for staff providing crypto-asset advice and information to clients. “ESMA launched a consultation on the criteria for the assessment of knowledge and competence of crypto-asset service providers’ (CASPs) staff giving information or advice on crypto-assets or crypto-asset services,” the regulator commented. Under…
Secret Network Foundation, a decentralized network of smart contracts using TEE technology, has started a new collaboration with Project Zero, a groundbreaking platform for blockchain data withdrawal and streaming. The partnership aims to build the next-gen private, AI-led, customizable, and secure economies through AI agents. The platform disclosed this development on its official X account. https://t.co/SC0PjX51y4 — Secret Network (@SecretNetwork) February 19, 2025 Secret Network Partners with Project Zero to Drive Privacy-Upholding AI Agents As per Secret Network, the collaboration with Project Zero merges the private infrastructure with cutting-edge data infrastructure. Project Zero reportedly offers the necessary tools to let…
Bitcoin has faced challenges reclaiming the $100,000 support level over the past few days, reflecting short-term market hesitation. However, the broader macro perspective indicates that BTC remains poised for significant gains heading into 2025, with bullish sentiment gradually taking hold. Bitcoin’s New High May Not Be A Long Shot The aggregate cost basis for short-term holders (STHs) currently resides at $86,800, a value not far from Bitcoin’s current price of $94,170. Historically, STHs are quick to sell during price fluctuations. However, with these investors sitting on unrealized gains of 7.9%, they are more likely to hold as market expectations lean…
World Liberty Financial was marketed as a “governance token” that would make the platform “community-governed.” Strangely, despite the fact that there are over 80,000 wallets holding the token, very few of these holders have wanted to participate in the governance process. Indeed, there’s not been a single post in the governance forum for the project since January 9, well over a month ago. This is the same governance forum where the World Liberty team itself seems to be using AI to generate posts full of falsehoods. Read more: Who is behind World Liberty Financial, Trump’s new crypto? For comparison, AAVE…
While Bitcoin (BTC) broke new records by surpassing its previous ATH seen in the 2021 bull run, Ethereum (ETH) draws attention with its weak performance. At this point, ETH still hasn’t surpassed its ATH of over $4,890 from three years ago (November 2021), while its price continues to trade around 44% lower. However, options traders are bullish on Ethereum in the medium term. Nansen research analyst Nicolai Sondergaard said that Ethereum options traders are bullish. Accordingly, Nansen analyst stated that more than 70% of the open interest of the options is in call contracts, and said that more and more…
Standard Chartered Bank, Animoca Brands, and HKT have announced a joint venture to develop and issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory framework. Standard Chartered, Animoca Brands and HKT to Launch HKD-Backed Stablecoin Joint Venture The partners plan to apply for a license from the Hong Kong Monetary Authority (HKMA) as part of the government’s effort to establish the region as a global digital asset hub. Strategic Collaboration for a Regulated Stablecoin The partnership brings together expertise in banking, Web3 and telecommunications: Standard Chartered will leverage its bank-grade infrastructure and experience in global stablecoin markets. The…
A crypto whale has recently experienced massive losses. As per Lookonchain, the crypto whale, formerly having pocketed $10M in gains in $swarms, has lost $63,400 in $SOL, indicating the highly risky nature of the crypto trading. The on-chain analytics provider provided the details of this incident on social media. A whale who made over $10M profits on $swarms lost 298 $SOL($63.4K) by accidentally purchasing the wrong token. Since Dec 20, this whale bought 58.95M $swarms($12.48M) at $0.038, making a profit of 10.25M, bought 29.52M $ZAILGO($2.67M) at $0.024, making a profit of $1.96M, and… pic.twitter.com/Ra8v6B3Sb8 — Lookonchain (@lookonchain) January 3, 2025…
Argentine President Javier Milei will visit Washington this week to ask for US President Donald Trump’s help in securing funds from the International Monetary Fund (IMF) while negotiating an exemption from trade tariffs proposed by the Trump administration. The visit comes as Milei faces backlash at home over his “brief” promotion of the memecoin LIBRA, which investors and lawyers claim was a rug pull project. The Argentine leader hopes to meet with former President Trump as part of his push for a new IMF agreement to stabilize his country’s struggling economy. As reported by local news publication Buenos Aires Herald,…