Author: NBTC
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The FSS chief Lee Bok-hyun this week struck an optimistic note about possible Bitcoin spot exchange-traded fund approval. But per the media outlet Nocut News, Lee also tempered his claims with several calls for “caution.” No Bitcoin ETF If ‘Regulation Isn’t Forthcoming’ Lee was widely reported as claiming on March 5 that he was “one of the regulators who are positive about virtual assets.” He claimed that “there are others who are…
With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin halving? This is a common question among those wanting to learn more about the Bitcoin protocol. Expected to be the most important event in Bitcoin’s history, the 2024 halving is expected to occur sometime on or around April 13. Here we will cover the basics of how the Bitcoin halving works, what the Bitcoin halving is, why it happens, and what it may mean for markets this year and beyond.…
So-called DeFi Legos or Money Legos were a gamechanger for the decentralized finance industry, paving the way for a new generation of extremely complex protocols and dApps that can perform multiple functions simultaneously. DeFi Legos are composable building blocks that led to the creation of new financial opportunities around lending, borrowing, and other yield-generating activities that simply weren’t possible before. Now, with the growing popularity of restaking in DeFi, we’re seeing a new kind of building block emerge. The Staking Legos are being used by innovative DeFi developers to transform distributed native staking, creating new opportunities for users to participate…
The likelihood of the U.S. Securities and Exchange Commission (SEC) approving an Ethereum (ETH) spot Exchange-Traded Fund (ETF) has significantly decreased. This is evidenced by market sentiment on platforms like Polymarket, where the approval odds dropped to 24%. Despite the crypto community’s optimism earlier this year, recent developments indicate a growing skepticism about the SEC’s approval of Ethereum ETFs, particularly in the lead-up to the anticipated decision date of May 23. Diminishing optimism Eleanor Terrett, a reporter at Fox Business, has noted that there has been a significant change in mood regarding the SEC’s stance on Ethereum ETFs. Insiders suggest…
The Shiba Inu development team and its partner D3 Global have finally unveiled the much-teased SHIB-themed product, “SHIB Names,” which offers enthusiasts up to a 69% discount. SHIB Names Early Access Launches Shiba Inu domain name partner D3 Global officially launched early access to the widely teased SHIB Names. D3 disclosed this development in a recent post on X, noting that the registration portal is now live. Early Access to #ShibNames has officially opened! 🍾 Be the first to grab a grail 👉 https://t.co/ZBWtO4ubtA pic.twitter.com/xs8JQGKOEY — D3 (@D3inc) March 6, 2024 Similarly, the Shiba Inu development team confirmed the launch…
The London Stock Exchange (LSE) released a “crypto ETN admission factsheet” showcasing its decision to accept applications for Bitcoin exchange-traded notes (ETNs). The move comes as part of the LSE’s efforts to expand its offerings and provide investors with exposure to bitcoin. JUST IN: 🇬🇧 London Stock Exchange to start accepting #Bitcoin exchange traded note applications pic.twitter.com/h2XmzXqz2f — Bitcoin Magazine (@BitcoinMagazine) March 11, 2024 Bitcoin exchange-traded notes are financial instruments that track the price of Bitcoin and are traded on traditional stock exchanges. By allowing the listing of Bitcoin ETNs, the LSE would be providing investors with an opportunity to…
Code4rena has recently announced a strategic partnership with Chainlink Labs, the developers behind the decentralized computing platform Chainlink. This alliance aims to bolster the growth of both the Code4rena and Chainlink ecosystems. It will provide crucial support to Chainlink BUILD and Chainlink SCALE members through smart contract audits. .@code4rena has established a strategic alliance with @chainlinklabs.This collaboration helps support Chainlink BUILD and SCALE members in accessing smart contract audits on the Code4rena platform.https://t.co/xUxWCr0B1y — Chainlink (@chainlink) March 11, 2024 Enhancing Security with Code4rena x Chainlink BUILD and SCALE In 2021, Code4rena introduced a groundbreaking solution to the security challenges of…
Weeks after declaring the intention to run against Senator Elizabeth Warren in the upcoming Senate election, Attorney Deaton has urged his followers to support his campaign with crypto donations. John Deaton, a pro-XRP lawyer and candidate for the U.S. Senate in Massachusetts, has announced that he now accepts crypto donations for his political campaign against anti-crypto Senator Elizabeth Warren. The prominent crypto advocate made this known in a recent tweet, urging his over 323,000 X followers, which comprises mainly crypto enthusiasts, to support his bid to unseat the anti-crypto senator. “I hope you will chip in and support our efforts…
“Ready Player One” helped popularize the concept of a vast, shared metaverse, and the novel and film franchise are being turned into a metaverse game world of their own, as revealed earlier this year. Now, its creators have shared a first look at what’s planned. The Readyverse, as it’s called, will debut with a battle royale game experience called Open, as teased in the initial trailer embedded below. Like the source material, the Readyverse will bring in many notable brands and IP, with the teaser showcasing the classic DeLorean car (as prominently featured in the “Back to the Future” films)…
Kamino Finance is changing some parameters for earning points ahead of its KMNO airdrop, slated for April. The turnabout will pay dividends for longtime Kamnio users, but key details are still missing. It ain’t so easy to give out free crypto money these days. That seemingly paradoxical reality has come for Solana-based crypto yields protocol Kamino, which on Monday overhauled the mechanisms it plans to use for its upcoming airdrop of the KMNO token. The new rules will give additional – albeit unspecified – rewards to “OG” users of Kamino, which hosts various decentralized finance (DeFi) products for borrowing, lending,…