Author: NBTC
For the second month in a row, venture capital investment in the cryptocurrency sector has exceeded $1 billion, indicating the market’s continuous expansion. April saw a total of $1.02 billion raised over 161 investment rounds, somewhat less than the previous month’s $1.09 billion from 186 deals. This achievement is a significant milestone, matching the highs achieved in October-November 2022. 🗞️ Crypto NewsCrypto venture capital funding has exceeded $1 billion, signaling sustained investor interest in the industry.🔗 https://t.co/BYxyzN0kiA#CryptoNews — CoinMarketCap (@CoinMarketCap) May 8, 2024 This accomplishment was made possible by notable fundraising efforts. Securitize, a real-world asset tokenization company, has received…
After a week in which the FED left interest rates constant, as expected, and in the cryptocurrency market, Bitcoin could not exceed $ 70,000 and lost 3% of its value weekly, token lock openings loaded in many altcoins will be waiting for crypto users in the new week. Here is the token unlocking calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Near (NEAR) Market Value: $6.92 billion Token Unlock Amount: $1.67 million (0.02% of Market Cap) Date: 25 March 2023, 03:00 H2O Dao (H2O) Market Value: $45.78 million Token Unlock…
Bappebti, the Indonesian commodities regulator, formed a committee dedicated to monitoring the crypto industry. The committee will include regulator, government and industry representatitves. The Commodity Futures Trading Regulatory Agency, the Indonesian government agency known as Bappebti whose responsibilities include overseeing cryptocurrencies, formed a dedicated committee to monitor the industry. The Crypto Asset Committee was established under regulations enacted in January. Crypto falls under Bappebti’s jurisdiction because crypto is considered a commodity in Indonesia. “This committee will be a driving force, ensuring that the crypto asset industry continues to operate smoothly and remains within the applicable legal framework,” Kasan, the head…
Tether today announced an additional investment in CityPay.io to strengthen its Eastern European presence. The funding will enhance the payment processor’s reach in over 600 Georgian locations, according to the announcement. “Our previous collaboration with CityPay.io yielded exciting results in expanding convenient cryptocurrency use across Georgia. With this second investment, we aim to build on those results and drive the adoption of cutting-edge technologies that disrupt traditional payment systems,” said Paolo Ardoino, CEO of Tether. “We are thrilled to collaborate with CityPay.io again in our joint efforts to build a fairer, more connected, and accessible global financial system.” CityPay.io powers…
Index Coop has embraced Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the industry’s gold standard for secure cross-chain communication, across both Ethereum and Arbitrum mainnets. This integration leverages CCIP’s Simplified Token Transfer technology, allowing seamless, cost-effective cross-chain transfers of DPI and MVI index tokens. This development ensures that Index Coop’s users can access their preferred indexes with ease. The decision to implement Chainlink’s CCIP stems from the protocol’s well-established reputation for reliability and security within the Web3 space. Chainlink’s decentralized oracle networks and its Risk Management Network provide continuous oversight of cross-chain operations to detect and counter any suspicious activities. Such meticulous…
Legendary trader Peter Brandt has shocked the community on his latest take regarding Bitcoin’s all-time high (ATH) price record. Taking to his official X account, the legendary trader revealed that the Bitcoin price has not achieved any ATH over the past three years. Peter Brandt yardstick The statement is at first counterintuitive to a layman because Bitcoin achieved its highest price level worth $73,750.07 on March 14. According to Peter Brandt, the Bitcoin price, adjusted for inflation, has not reached a new high in three years. Per this metric, Peter Brandt posited that despite the approved spot Bitcoin ETF and…
The adoption and use of Bitcoin and cryptocurrencies is increasing day by day. At this point, while cryptocurrencies are on everyone’s agenda, complaints about crypto are also increasing. According to the news of DHA, the popular platform Fikirvar announced the data regarding complaints about cryptocurrencies. Accordingly, Mutfakvar announced the complaints regarding cryptocurrency for the first 4 months of 2024. According to the data announced by Meryemvar, March 2024 was the month with the most complaints in the last 16 months. The number of complaints in March was 3 thousand 5223. While complaints increased by 22% in the first four months…
DAO Maker has achieved a remarkable feat, securing nearly $100 million in a presale for the PUNDU meme coin. The significant investment contributed within 36 hours reflects a pronounced appetite for high-risk ventures in the crypto market. However, the overwhelming response resulted in an oversubscription, necessitating refunds for contributors who sent funds post-target attainment. Solana Meme Coins in High Demand DAO Maker unveiled an impressive $97.6 million raised across Binance Smart Chain and Solana, drawing support from over 20,000 users. PUNDU, introduced by the launchpad just days ago, swiftly captured investor interest, with contributions exchanging SOL and USDT for PUNDU…
Major U.S. financial industry companies are teaming up to explore sharing ledger technology. The New York Innovation Center of the Federal Reserve Bank of New York will act as a technical observer. Citi, JPMorgan, Mastercard, Swift and Deloitte are among major companies with an interest in financial services teaming up to explore sharing ledger technology by simulating multiasset transactions in U.S. dollars. The research project, titled Regulated Settlement Network (RSN) proof-of-concept (PoC), will explore the potential of bringing commercial-bank money, wholesale central-bank money and securities such as U.S. Treasuries and investment-grade debt to a common regulated venue, according to a…
Nuklai is excited to unveil its new partnership with eesee; the platform is a gamified marketplace for high-value RWAs, NFTs and crypto tokens. eesee is supported by industry heavyweights such as Momentum 6 and Animoca Brands and has teamed up with Ape Terminal and ApeCoin, making it a key figure in the digital asset market. 📢 Partnership Announcement🤝We are partnering with @eesee_io, a gamified marketplace that eases access to high-value RWAs, NFTs, and crypto tokens.eesee is supported by industry players such as @Momentum_6 and @animocabrands. Its partners include @apecoin & @apeterminal. pic.twitter.com/3LWwuBoSvg — Nuklai (@NuklaiData) May 8, 2024 Nuklai and…