Author: NBTC
The government of Taiwan has acknowledged the cooperation Binance has offered to domestic law enforcement agencies. According to local reports, Binance is the only offshore exchange that assists the government in dealing with virtual asset fraud cases, allowing authorities to access the accounts involved in these actions and deposit the assets derived from these schemes. Taiwan Mentions Binance’s Cooperation in Virtual Asset Fraud Incidents Taiwan is currently cracking down on virtual asset investment fraud, tightening the compliance steps that cryptocurrency platforms must follow. As part of an investment control mechanism, 9 cryptocurrency exchanges cooperate with Taiwan’s Ministry of Interior to…
EMURGO, a pivotal entity in the Cardano blockchain ecosystem, has announced a strategic investment in NMKR, a provider of NFT and tokenization services. The investment will support NMKR in scaling its business including building the new tokenization launchpad finest for businesses to issue compliant security tokens, upgrading its tokenization tools & features, expanding its global team, and other objectives.—NMKR’s platform facilitates the digital tokenization of real-world assets, a crucial step in the growing market for tokenized assets, which is projected to reach $10 trillion by 2030. By investing in NMKR, EMURGO aims to support efforts to democratize access to tokenized…
Bitcoin hit a $67,500 high Monday, and is rapidly approaching silver’s $1.35 trillion market capitalization. Ether topped $3,600 for the first time since January 2022 amid strong institutional demand. BlackRock’s bitcoin ETF saw another busy trading day, recording over $2 billion in volume before market close. Bitcoin (BTC) continued to knock off $1,000 milestones Monday, surging past $67,000 and nearing not just its own record high of $69,000, but the $1.35 trillion market capitalization of silver. The largest and oldest crypto asset broke out from its week-long sideways consolidation capped below the $64,000 level, hitting $67,500 during the U.S. trading…
Clone, an open-source protocol facilitating the trading of non-native tokens on Solana’s blockchain, announced the launch of its public mainnet featuring Clone Markets and Clone Liquidity, according to the information shared with Finbold on March 1. The launch marks the arrival of highly liquid markets for non-native assets through Clone’s ‘cloned assets’ (clAssets), promising more accessible and smoother trading on Solana’s platform which already leverages fast transaction processing and low fees. What does SUI mean for Solana? Despite the scope and activity of its DeFi ecosystem, Solana still lacks a dependable spot trading environment for non-native tokens, as users have…
Industry insiders have expressed concerns about the high crypto tax in India despite the notable surge in Bitcoin prices, which led to significantly increased demand on cryptocurrency exchanges and substantial rises in trading volumes. CoinDCX, a popular Indian cryptocurrency platform, saw its trading volumes multiply fivefold within the past month, escalating from $5 million at the start of February to approximately $25 million by the end of the month. Sumit Gupta, the co-founder of CoinDCX, attributed this remarkable growth to the upward trajectory of Bitcoin prices in a recent interview with a local media outlet, The National. In a similar…
In early 2022, Theta Labs CTO Jieyi Long and the engineering team began exploring AI, distributed systems, and machine learning applied to blockchain after inviting Peking University Professor of Computer Science Zhen Xiao as an academic advisor. Jieyi published a groundbreaking research paper entitled “Large Language Model Guided Tree-of-Thought (ToT)” in May 2023. The Tree-of-Thought was inspired by the manner in which the human mind approaches complex reasoning problems. The notion has gained significant traction within the LLM community, and The Tree of Thought has the potential to significantly enhance problem-solving capabilities. Tree of Thought is the imaginative offspring of…
A crypto analyst who accurately called the bottom of the 2018 Bitcoin bear market believes BTC has more room to run to the upside before topping out. In a new video, pseudonymous analyst Bluntz tells his 243,100 followers on the social media platform X that Bitcoin appears to be in the midst of a wave three surge in the monthly timeframe. Bluntz practices the Elliott Wave theory, a technical analysis approach that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish price movement witnesses a five-wave rally…
On Thursday, Portal, the eagerly awaited gaming token and cross-chain platform, was launched, providing rewards to early participants and paving the way for upcoming staking opportunities and feature releases. The PORTAL price has tanked 50% in the last 24 hours slipping all the way to $2.40 and its market cap slipping under $400 million. More About Portal Protocol Portal is a central hub in the vast crypto universe. It’s like your go-to spot where you can dive into all sorts of crypto and NFT games from various networks. It’s not just gaming; it’s a whole experience. Users can play games,…
The U.S. Securities and Exchange Commission filed charges against two investment advisors over what the agency deemed misleading statements related to the firm’s use of artificial intelligence, the SEC said on Monday. The SEC charged the U.S. arm of Canadian company Delphia and U.S.-based Global Predictions with breaking regulatory marketing rules or “AI washing.” After the agency issued a cease-and-desist order, the two companies agreed to settle the charges and pay a total of $400,000 in civil penalties. The SEC said that from 2019 to 2023, Toronto-based Delphia misled investors and regulators about its AI capabilities, falsely claiming its technology…
Commerceblock has released a new atomic swap protocol for use with statechains on their Mercury Layer protocol. The HSM server has introduced functionality to support atomically swapping two statechains, as well as enforcing an atomic exchange of a statechain for a Lightning payment. This is the first example of concretely defined and built interactions between statechains and the Lightning Network. Synergy between both protocols has been postulated since the concept of a statechain was originally proposed by Ruben Somsen, specifically as a way to solve the limitation of having to transfer a whole statechain UTXO at once. Basic Statechain Swaps…