Author: NBTC

Deutsche Bank AG is addressing regulatory challenges that banks face when using public blockchains, such as the risk of unknowingly transacting with criminals or sanctioned groups. According to a Bloomberg report the bank launched its test version of Project Dama 2, an asset servicing pilot, in November. This platform’s layer two system relies on public blockchains to provide a more affordable and efficient transaction. Boon-Hiong Chan, a Deutsche Bank Asia-Pacific innovation lead, said that the bank’s Layer 2 connects to Ethereum, one of the blockchain’s busiest networks. Deutsche Bank sees blockchain as a means to deal with margin pressures in…

A closely followed crypto trader believes Bitcoin (BTC) will hit its cycle peak well before people’s expectations. Pseudonymous trader The Flow Horse tells his 247,900 followers on the social media platform X that Bitcoin’s market peak this cycle could come in as early as the first quarter of 2025. “I don’t care what anyone else says. We are far closer to ‘the end for a bit’ than people want to admit. I would say within the first quarter. After big price moves, the chatter often shifts to even bigger moves – multiples of the current price. Ironically, that’s usually a…

Beam Foundation has launched BeamAI, a division that integrates artificial intelligence (AI) with the gaming industry. This initiative seeks to explore and develop innovative applications of AI to reshape how games are built and experienced. Led by a University of Oxford-trained mathematician specializing in deep learning, BeamAI is poised to advance gaming through cutting-edge research and practical tools. BeamAI.A new division led by a University of Oxford-trained doctoral research mathematician.The initial BeamAI Report coming next week.More information ⬇️ pic.twitter.com/dlLxzYTJGP — Beam Foundation (@BeamFDN) December 14, 2024 The division will focus on addressing key challenges developers, gamers, and gaming enterprises face.…

The Web3 ecosystem is often regarded as the next infrastructure of the internet. However, nearly 10 years after the release of the Ethereum white paper, we have very few mainstream applications running on that infrastructure. Meanwhile, we continue to see the emergence of new infrastructure building blocks everywhere: L1, L2, and L3 blockchains, rollups, ZK layers, DeFi protocols, and many others. While we might be building the future of the internet with Web3, there is little doubt that we are overbuilding the infrastructure layer. Currently, the ratio between infrastructure and applications in Web3 has no parallels in the history of…

BlackRock, the world’s largest asset manager, has solidified its dominance in the cryptocurrency space by accounting for over $1 billion in inflows into Bitcoin and Ethereum ETFs. In the past day, BlackRock accounted for a whopping $1.07 billion in inflows into BTC and ETH. According to a Dec. 6 update shared by Lookonchain, the group of 10 Bitcoin ETFs witnessed a net flow of 7,591 BTC, or $750.67 million. BlackRock alone saw inflows of 7,727 BTC, valued at around $764.11 million. This has significantly bolstered its Bitcoin holdings, with BlackRock’s Bitcoin fund surpassing $51 billion in the most successful ETF…

Swan Chain, an AI Cloud blockchain platform, has announced the release of its Computing Provider (CP) version v1.0.0. This update is part of preparations for the upcoming Swan Chain Token Generation Event (TGE). The announcement was made through the official Swan Chain X account. 📢 [Important Announcement] Computing Provider Update v1.0.0 ReleaseWe are excited to announce the release of Computing Provider (CP) version v1.0.0, preparing for the upcoming Swan Chain TGE! Upgrade Now: https://t.co/U2ydH42Bna — Swan Chain (formerly FilSwan) (@swan_chain) December 14, 2024 New Swan Chain CP Update Requires Full $SWAN Stake for Task Rewards Indeed, one of its major…

OneKey has integrated support for the Neo X EVM sidechain in its hardware and app wallet. Neo and OneKey are also currently collaborating on a hardware wallet giveaway campaign. Established in 2019, OneKey is an open-source wallet provider that sells hardware wallets and seed phrase protection devices. The company offers the OneKey Pro, Classic 1S, and Lite models, which have different features and are compatible with a multi-OS software application. The products are compatible with third-party software such as MetaMask and support over 5,000 coins and tokens. OneKey’s wallet is open source, meaning anyone can review, improve, and verify the…

Bitcoin trades at $99,646 with a $1.97 trillion market cap and $83B in 24-hour trading volume. Whale accumulation hits $2 billion, signaling strong institutional interest. Bitcoin (BTC) currently trades at $99,646.29, marking a 1.38% increase in the past 24 hours. Its market cap stands at $1.97 trillion, with a 4.23% volume-to-market cap ratio. Trading volume surged by 32.01% over 24 hours, reaching $83.23 billion. Whale accumulation remains strong as 20,000 BTC, valued at $2 billion, were purchased within the same period. Bitcoin’s market cap soars to $2 trillion, making it the 7th largest asset globally. Bitcoin spot ETFs reported significant…

Leading legacy media outlet CNBC claims XRP was the biggest winner of the recent Donald Trump-led crypto rally. XRP has performed exceptionally well since the U.S. election, with its price soaring close to $3 earlier this month. XRP Outperforms the Broader Crypto Market In XRP news today, CNBC has closely followed XRP’s incredible performance, labeling the asset as the biggest winner of the Trump-led crypto rally. According to its recent analysis, CNBC claimed XRP has surged by 370% since Trump emerged victorious in the election. XRP is the biggest winner of the Trump trade but investors are split on how…

Fireverse Ventures, a revolutionary platform that combines AI and blockchain, is delighted to declare the collaboration with LinkLayerAI, an innovative Web3 Layer designed for data assetization. The venture, disclosed across Fireverse’s social media platforms, marks a significant advancement of AI technologies in the blockchain and Web3 domains. 🔥 Fireverse x LinkLayerAI 🤝 We’re excited to announce our partnership with @LinkLayerAI , a cutting-edge Web data assetization protocol powered by blockchain and AI Agents. Together, we’re unlocking new possibilities for AI-driven creativity and innovation in Web3. 🚀… pic.twitter.com/G9NFKyZNYo — Fireverse Ventures (@FireverseV) December 16, 2024 The partnership will bring together Fireverse’s…