Author: NBTC
Alchemy Pay has launched its crypto payment solutions on Telegram through The Open Network. This addition will allow users of the popular messaging app to make crypto transactions without leaving the platform, making it easier for Telegram’s user base to engage with digital currencies. The partnership, announced on Alchemy Pay’s X account, is part of the company’s broader mission to bridge the gap between traditional finance and the crypto world. In other words, Alchemy Pay is simplifying how people send and receive crypto directly through the Telegram app, much like sending a regular message. This new feature streamlines digital currency…
The financial industry is abuzz with the latest developments in cryptocurrency investments. Major banks are contemplating the inclusion of Bitcoin ETFs for their affluent clientele. Recent reports indicate that Wells Fargo is preparing to permit its advisors to promote Bitcoin ETFs. Wells Fargo Steps Up Its Crypto Game: Financial Advisors to Promote Bitcoin ETFs to Select Clients. Wells Fargo to Offer Bitcoin ETFs: Following in Morgan Stanley’s Footsteps In an anticipated move mirroring Morgan Stanley, Wells Fargo is poised to allow its financial advisors to introduce Bitcoin ETFs to selected clients. This strategy comes on the heels of Morgan Stanley’s…
BabyDoge announced that it has relinquished ownership of its token contracts on both the Ethereum and BNB Chain networks. This shift means that no single entity, including the BabyDoge development team, has absolute authority over the token contracts. Instead, every crucial decision must be made collectively by the token holders, reinforcing the decentralized nature of the project. Impact on the BabyDoge Community The decision to renounce ownership has several implications for the BabyDoge community and its users: Enhanced Trust and Decentralization: By removing centralized control, BabyDoge aims to foster a more transparent and trustworthy environment. Token holders will have a…
Coinbase has seen a sharp decline in market share as smaller exchanges gained ground recent months, according to a Sept. 9 report by research firm Kaiko. Coinbase dominated more than half of the US crypto market share earlier this year, peaking at almost 55% in March. However, its market share has since fallen to 41% in early September, down from 53% in June. The biggest beneficiary of this shift has been Bullish, whose market share nearly doubled from 17% to 33% over the same period. Unlike Coinbase, which mainly serves retail investors, Bullish primarily targets institutional clients and trading. Founded…
Following a year of incubation, “Community Superapp” Fedi officially launched yesterday and has announced plans to open source its freedom technology stack. Introduced back in 2022, Fedi is a financial platform looking to empower individuals with financial access and resources by leveraging the power of local communities. Engineered with a privacy-first mindset, the release of Fedi is a major step forward in promoting grassroots economic development and individual freedom. The Fedimint consensus protocol allows community leaders to organize common resources, support its participants’ sovereignty and stimulate social opportunities. “A single piece of software that can replace multiple legacy apps with…
A heated discussion broke out recently in the community of enthusiasts of popular cryptocurrency Cardano (ADA). The subject of debate and discontent was 200 million tokens, which one of the companies operating in the ecosystem requested from the Treasury. Thus, the network leaked documents of a venture capital fund called 3UTxO, according to which it requested the above amount in order to further distribute them to the selected start-ups and innovative projects focused on Cardano. This proposal did not please many community members, who protested against such inflated demands, in their opinion. While the Cardano enthusiast community was mostly angry…
Hamster Kombat, one of the most overhyped success stories in Web3 and a sensational tap-to-earn pioneer, inches closer to its public token generation event. HMSTR TGE is expected to happen on Sept. 26: all players will be able to claim their allocations after this date. Hamster Kombat has only been around since the end of March this year, however, it has already amassed a gigantic following, spanning tens of millions of followers, and they are all looking forward to an important event happening on Sept. 26 – the official launch of HMSTR coin. In anticipation of the event, Bitrue, a…
Recently, Io.net (IO), a project focusing on the decentralized physical infrastructure network (DePin), announced its staking program. Within just a week, the newly launched program has successfully garnered around $1.5 million. The staking program is a critical component of Io.net’s strategy to enhance network security and efficiency. It requires GPU and CPU suppliers to lock in a specific amount of IO tokens based on their device’s capacity and contribution to the network. Why Io.net Introduced Staking? According to data from Solscan, this initiative, designed to incentivize Graphics Processing Units (GPU) providers through staking, has secured approximately 654,940 IO tokens. The…
Cryptocurrency Exchange OKX Announced That It Has Delisted This Altcoin! Here Are the Details
OKX has announced its decision to delist two Frontier (FRONT) spot trading pairs (FRONT/USDT and FRONT/USDC) following a regular performance review and based on user feedback as well as the platform’s Token Delisting/Delisting Guidelines. OKX to Delisting FRONT Spot Trading Pairs on September 13, 2024 The delisting process will take place between 11:00 and 11:30 on September 13, 2024. OKX advised users to cancel all open orders for these pairs prior to the delisting process as all remaining orders will be automatically canceled and this process could take up to three business days. Deposits and Withdrawals Affected FRONT deposits are…
Following FED Chairman Jerome Powell’s mild statements on Friday, Bitcoin (BTC) and altcoins began to rise, and the market also became active. As investors made new purchases with the rise, one of them was White House digital strategy director Christian Tom. On-chain analyst The Data Nerd has revealed that Christian Tom, the US White House digital strategy director, purchased 3.843 million Arbitrum (ARB) worth $2.3 million from Binance. The Data Nerd also noted that these tokens were first purchased eight months ago. Accordingly, Christian Tom purchased approximately $8.38 million worth of ARB eight months ago but later deposited it to…