Author: NBTC
Concordium (CCD), a L1 chain focused on confidentiality and legal compliance, announced a strategic collaboration with Transak, a decentralized payments infrastructure for virtual currencies and stable assets. Concordium is a permissionless L1 chain designed for institutions looking for compliance without infringing customer confidentiality, enabled by ZKPs and an integrated identity verification layer. According to the announcement made today, this partnership facilitated the integration of Concordium’s network into Transak’s Web3 payment infrastructure to broaden the accessibility of its native token (CCD) through Transak’s front page widget. Transak is a fiat-to-crypto onramp solution that allows users to purchase and sell cryptocurrencies efficiently…
Ethereum price hovers near the key level of $4,000. Market data shows ETH spot exchange-traded funds recorded net outflows of over $128 million. Trader anticipation around US consumer price index (CPI) has ETH bulls poised for an uptick. Ethereum (ETH) price is up slightly, trading above $3,980 at the time of writing with a 24-hour uptick of nearly 3%. This comes despite the flagship altcoin’s market grappling with institutional outflows from its spot exchange-traded funds (ETFs). Also, while traders eyeing the key US Consumer Price Index (CPI) release today adds optimism amid anticipation of clues on Federal Reserve policy. As…
Argentine President Javier Milei’s party secured a surprise, but decisive victory in the nation’s midterm legislative elections on Sunday. And citizens concerned about the potential election results purchased hoards of U.S. dollar stablecoins over the weekend, with experts noting a significant surge in “crypto dollar” usage. Facundo Werning, LATAM head for stablecoin issuer Agora and former Tether expansion manager for Argentina, told Decrypt that he saw a “notable increase in volume across the USD stablecoin to [Argentine peso] trading pair,” with a conservative estimate of $13.4 million in trading volume on Sunday. Similarly, the South American crypto app Lemon attracted…
Key Takeaways A Beijing court has sentenced five individuals for conducting $166 million in disguised foreign exchange transactions using stablecoins. The scheme involved the use of USDT to bypass China’s strict foreign exchange controls and move funds across borders. A Beijing court sentenced five individuals for conducting $166 million in disguised foreign exchange transactions, highlighting China’s ongoing crackdown on unauthorized currency transfers using digital assets. The defendants used USDT, a stablecoin commonly employed to bypass traditional foreign exchange restrictions, to facilitate cross-border transfers that circumvented China’s strict controls on RMB conversions and international money flows. China’s procuratorate recently disclosed details…
Kraken has joined a pilot program for Eightco’s INFINITY authentication platform, addressing challenges related to regulatory compliance and AI-enabled fraud. The exchange has not disclosed the pilot’s duration or evaluation criteria. Exchanges Face Evolving Compliance Requirements Kraken maintains 12 regulatory registrations and licenses, including Money Services Business registration with FinCEN in the US and FINTRAC in Canada. All platform users must complete the KYC (Know Your Customer) verification to comply with anti-money laundering regulations. The EU’s Transfer of Funds Regulation, implementing the crypto Travel Rule, took full effect on December 30, 2024. The regulation requires crypto asset service providers to…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.26% today against the US Dollar Ethereum is currently trading 7.43% below our prediction on Oct 29, 2025 Ethereum dropped -3.88% in the last month and is up 55.93% since 1 year ago ETH price is expected to rise by 10.35% in…
Good Morning, Asia. Here’s what’s making news in the markets: Bitcoin hovered near $114,000 and Ethereum traded around $4,120 early Tuesday Hong Kong time as markets entered one of the most consequential weeks of the year, defined by U.S.–China diplomacy, a Federal Reserve policy pivot, and a packed schedule of Big Tech earnings. Polymarket traders are betting heavily on a breakthrough, pricing a 92% chance that the U.S. and China will sign a tariff agreement by November 10 following a weekend round of constructive talks in Malaysia. The framework, which could be finalized when Donald Trump meets Xi Jinping at…
OpenAI has suffered a legal setback in its copyright battle, as a federal judge ruled that authors can pursue claims the company unlawfully downloaded their books. U.S. District Judge Sidney H. Stein denied OpenAI’s motion to strike what the company characterized as a new “download claim” in a ruling Monday, finding that prior complaints adequately notified OpenAI of infringement allegations based on downloading and reproducing copyrighted books. “A complaint need not pin plaintiff’s claim for relief to a precise legal theory,” Judge Stein said in his ruling, noting that “factual allegations alone are what matters.” He granted OpenAI partial relief,…
Solana DEX aggregator Jupiter announces the launch of a beta version of its new prediction market supported by Kalshi. The first test market involves the Mexico Grand Prix. Summary Jupiter has introduced the beta version of its first-ever Prediction Market, allowing users to place bets on the outcome of the upcoming Mexico Grand Prix. While Jupiter’s market remains in beta, the sector continues to grow rapidly, with total value locked across prediction market platforms reaching $241.9 million. In a recent post, the Solana decentralized exchange Jupiter announced that has launched the beta version of its first prediction market. For the…
The cryptocurrency world is buzzing with significant news from Animoca Brands, a leading force in blockchain gaming and Web3 innovation. They’ve made a strategic move, announcing the powerful KARRAT staking of 20 million tokens on Studio Chain nodes. This isn’t just a number; it’s a bold statement about their commitment to the ecosystem and the future of decentralized entertainment. This monumental action truly unleashes a new era of possibilities for both Animoca Brands and the KARRAT community. What Exactly is KARRAT Staking, and Why Does it Matter? At its core, KARRAT staking involves locking up a certain amount of KARRAT…