Author: NBTC
Shiba Inu lead developer Shytoshi Kusama breaks a 13-day silence on X to bring something exciting for SHIB enthusiasts. In an X post yesterday, Kusama called the community’s attention to a recent update from the organizers of the highly anticipated IVS Crypto 2024 KYOTO. In a June 27 disclosure, the organizers stressed that IVS Crypto 2024 KYOTO is around the corner, with only eight days left for the event to kick off. The post pointed out that tickets to over 250 side events were sold out. However, people who wish to experience these events can attend the IVS Crypto 2024…
SEC calls for better data for retail investors but fails to identify oracles like Chainlink are the solution
The US Securities and Exchange Commission (SEC) has highlighted the need for retail investors to gain more timely access to fund portfolio data. However, the answer may be at odds with the SEC’s recent approach, as the data could be significantly enhanced through the use of blockchain oracles like Chainlink. As Commissioner Jaime E. Lizárraga noted, the current regulatory framework mandates that registered investment companies, which encompass a $28 trillion industry of mutual and exchange-traded funds, provide periodic portfolio holdings data to the Commission and investors. However, this data is often delayed, impacting approximately 70 million US households and leaving…
AlchemyPay has announced a significant partnership with OKLink, aimed at bolstering the bridge between cryptocurrency and fiat transactions. This collaboration highlights a seamless integration of order tracking capabilities through the OKX Explorer, promising enhanced transparency and security for users navigating the evolving Web3 landscape. Excited to partner with @OKLink! Users can now easily track order details on order history page after completing a transaction with #OKXExplorer.You’ll have all the insights you need right at your fingertips, making your experience with #AlchemyPay even more transparent!🤩 pic.twitter.com/eux3EJ0Nzp — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) August 30, 2024 AlchemyPay’s partnership with OKLink is…
The SSV Network DAO and Ether.fi have announced a new Learn & Earn campaign on the Galxe platform. This initiative is designed to educate the community about Distributed Validator Technology (DVT) and its role in decentralizing Ethereum’s base layer and enhancing restaking operations. SSV DAO and Ether.fi Offer $50,000 Prize in New Learn & Earn Campaign The current partnership between SSV DAO and Ether.fi entails an opportunity for participants to be part of a raffle of 150 winners who will split a $50,000 ETHFI prize pool. In addition, all participants will receive points within the framework of Ether.fi’s Season 3…
Analysts at Bitfinex suggest that the latest Consumer Price Index (CPI) data aligns with expectations, bolstering the case for a Federal Reserve rate cut in September. Based on the latest CPI data released on Aug. 14, it seems that the U.S. economy might finally be getting a handle on inflation. In July, the yearly inflation rate dropped to 2.9%, marking the first time it has fallen below 3% since early 2021. Bitfinex analysts anticipate that markets will receive this potential shift in monetary policy positively, particularly in risk assets like Bitcoin (BTC). The prospect of lower interest rates could inject…
Wyoming’s New Stablecoin Set to Compete with Bitcoin and Tether in Digital Payments Revolution
Wyoming’s new stablecoin could challenge Bitcoin and Tether by offering a transparent, fully-backed digital currency. This initiative positions Wyoming as a leader in U.S. digital currency innovation, potentially setting the stage for a federal digitized dollar. Following a recent update by CNF on Wyoming legally approving CryptoFED DAO to operate as a legal entity in the US, Wyoming is taking a significant step in crypto growth by developing its own U.S. dollar-backed stablecoin, according to CNBC. The Wyoming stable token is set to launch in early 2025. The initiative aims to facilitate faster, cheaper transactions and create a new revenue…
MultiversX leads DePin market with innovative programs and strategic expansions. MultiversX’s Building Blocks program supports early-stage growth by covering gas fees and enabling scalability. DePin (Decentralized Physical Infrastructure Networks) assets have been making major progress in the constantly evolving realm of cryptocurrencies. MultiversX is presently leading the pack in terms of top social and market activity, outperforming Helium, Akash Network, and others, according to the social intelligence company LunarCrush. 🧐DePin crypto assets have been top performers. Top assets with leading social and market activity today… MultiversX $EGLDDynex $DNXAkash Network $AKTHelium $HNTHelium Mobile $MOBILEWorld Mobile Token $WMTArweave $AROcean Protocol $OCEANTheta Network…
Feixiaohao, a major Chinese crypto data site, is under investigation by Chinese authorities, with reasons still unclear after six months. The platform’s exchange partners have lost contact with Feixiaohao, leading to community concerns and uncertainty about its future. A new team may have taken over Feixiaohao, but the investigation’s impact on the platform and its users remains uncertain. Feixiaohao which is one of China’s biggest cryptocurrency market data websites, is currently being investigated by Chinese authorities. According to sources, the investigation has been ongoing for more than six months. Feixiaohao, the largest simplified Chinese cryptocurrency market data website similar to…
San Francisco-based cryptocurrency decacorn Ripple has published a blog post to explain how its digital solutions can help small and medium enterprises (SMEs) to overcome the difficulties they are facing when it comes to cross-border payments. Ripple stressed that SMEs are currently striving to expand their businesses by entering global markets. 50% more SMEs are doing their businesses internationally compared to 2021, according to what Mastercard’s 2023 Borderless Payments Report says. SMEs are increasingly expanding their businesses, but struggle with cross-border payments. Local banks can transform these global payments challenges into growth opportunities with efficient, transparent solutions. Learn how in…
One of the most widely used Web3 applications worldwide, EasyA, has announced a series of significant milestones as they onboard blockchain developers into the Polkadot ecosystem. Nearly 1,000 developers attended EasyA’s two Polkadot hackathons this summer, and 111 startups were incubated. Now, these teams are looking to attract further investment to grow their enterprises, following in the footsteps of EasyA alumni who have established businesses valued at over $2.5 billion. With the help of EasyA, developers can now acquire fundamental Web3 skills more easily than before, and they can use these abilities to create full-fledged companies at their renowned EasyA…