Author: NBTC

The Financial Conduct Authority (FCA) has registered the Switzerland-based market-making liquidity provider Portofino Technologies, enabling the company to serve institutional crypto clients in the UK. According to the press release, this step allows the firm to engage with major banks, trading platforms, brokers, and institutional investors. Additionally, the certification allows the firm to provide over-the-counter trading services in the UK and Switzerland. Alex Casimo, the Co-Founder and Chief Operating Officer at Portofino Technologies, mentioned: “Receiving the FCA’s approval to operate as a crypto asset trading firm in the UK is a significant milestone for Portofino Technologies, which will allow us…

Binance announced that it has added several new trading pairs to the Spot platform in order to enrich the trading options offered to its users and provide an improved trading experience. Binance Introduces New Trading Pairs on Spot Platform Effective March 5, 2024 at 11:00, investors will be able to spot trade the following pairs: OM/TRY, PEPE/FDUSD, PIXEL/USDC, STRK/USDC, THETA/TRY and UNI/FDUSD. The addition of these trading pairs aims to expand the range of options available to Binance users, thus catering to different trading preferences. In particular, the TRY pairing represents a fiat currency and does not imply any digital…

I didn’t expect to play nearly this much Heroes of Mavia. With the iOS and Android game quickly racking up millions of downloads and seeing a surging token price last month, I figured I’d start playing around with the crypto-infused game—which takes obvious cues from mobile smash Clash of Clans. As with that game, you’ll gradually build up your base’s defenses, attack other players’ bases, and amass resources over time. But while I’m well familiar with Clash of Clans—and even covered the game’s championship in Germany a few years back while on the esports beat—Supercell’s mobile juggernaut and others of…

A South Korean committee responsible for personal information matters is probing Worldcoin for collecting and processing sensitive information. A government notice issued Monday stated that the Personal Information Protection Committee initiated an investigation into the digital identity project on Feb. 29. This action followed complaints about the collection and processing of personal information, including iris scanning. According to the notice, Worldcoin affiliates are currently collecting facial and iris recognition data at around 10 locations in Korea. As a result, the commission plans to probe the overall collection and overseas transfer of personal information. Action will be taken if violations of…

The upcoming airdrop of the “NFT” token by the Non-Fungible DAO will be offered to Bitcoin Ordinals traders on the Magic Eden marketplace—past, present, and future. The Non-Fungible DAO announced the details in a tweet on Thursday, saying that users of the Magic Eden-developed, open-source MSigner—which lets traders sign Partially Signed Bitcoin Transactions (PSBTs) to conduct Ordinals transactions—will be rewarded in the upcoming token airdrop. According to a tweet from the DAO, more than 75 million PSBTs have been signed to date using MSigner, with over 1.3 million Ordinals swaps on the marketplace. The DAO added that it “[looks] forward…

Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin, a sentiment that contrasted with that of retail investors. Stablecoins and Altcoins Comprise One-Fifth of Institutional Digital Asset Portfolios According to the digital asset exchange Bybit’s latest user asset allocation report, between July 2023 to Jan 2024, the share or concentration of bitcoin (BTC) and ether (ETH) in institutions’ digital asset portfolios grew from 50% to…

In an interesting turn of events, the short interest in MicroStrategy (NASDAQ: MSTR) has reached a massive figure of $3 billion, or 20% of its float, suggesting that the investors doing the short selling are exceptionally bearish on its future price, but also indicating the possibility of a mega short squeeze. Indeed, despite a recent rally for Bitcoin (BTC), to which MicroStrategy grants indirect exposure, some investors are betting a lot of money against MSTR, with the short bets accounting for about 20% of the company’s total available shares, as observed by Andrew Kang in an X post on March…

Binance has announced its support for the Pixels (PIXEL) airdrop, earmarked for eligible Ronin (RON) Locked Products users. This initiative marks a significant milestone for Ronin stakers within the Binance ecosystem. The airdrop season continues to excite the community, with the Pixels airdrop being the latest. Eligibility Criteria for Pixels Token Airdrop in Binance According to the announcement detail, the airdrop is scheduled to recognize various tiers of participation among Ronin Locked Products subscribers. Accordingly, the rewards will range from 183.34 PIXEL for the lowest tier to an impressive 3,955.11 PIXEL for the highest tier subscribers. “Eligible Ronin Locked Products…

A recently published patent application from tech behemoth Sony, the maker of PlayStation, detailed the concept of “super-fungible tokens” for games, which would be stored on a distributed ledger and transferable from player to player. Many gamers have had experiences where they get really into a video game, spend a bunch of money on in-game skins or battle passes, and eventually get tired of the game. When this happens in traditional “Web2” games, players are forced to accept the money spent on in-game assets as a sunk cost, and move on. You typically can’t sell those assets. But blockchain gaming…

In a recent social media post, David Schwartz, Chief Technology Officer (CTO) of Ripple, took a cheeky swipe at the U.S. Securities and Exchange Commission (SEC) over Elon Musk’s Tesla debacle. In his tweet, Schwartz poked fun at the SEC’s approach to determining securities, leveraging Musk’s recent comment about Tesla’s value surge. The Ripple CTO’s jest revolved around the notion of Tesla’s expected value increase, contrasting it with the SEC’s criteria for identifying unregistered securities. Schwartz humorously questioned why Tesla’s situation would not fall under the SEC’s scrutiny given the company’s supposed anticipation of profitability. I’d love to hear the…