Author: NBTC
PayPal and HDFC Bank-backed Mintoak has acquired Digiledge in a $3.5 million deal, marking the first acquisition in India’s central bank digital currency space. Mintoak, an Indian ecommerce startup that facilitates merchant payments, has acquired Digiledge in a deal worth around $3.5 million, marking the first acquisition in India’s CBDC area, Reuters, has learned, citing sources close to the matter. With Digiledge, which specializes in CBDC and bill payments, Mintoak’s partner banks — HDFC Bank, Axis Bank, and SBI — could offer payment solutions in e-rupee, India’s form of CBDC. With the acquisition, Mintoak CEO Raman Khanduja says the firm…
The altcoin recovery in the broader digital currency ecosystem is underway, and Chainlink (LINK) is riding the train high. Over the past 24 hours, Chainlink has flipped Stellar (XLM) in market cap rankings to reenter the top 10 list of the most capitalized coins. Chainlink and Stellar market outlook According to market data in the past 24 hours, Stellar has surprisingly outperformed Chainlink. While LINK traded up 1.59% to $18.07, XLM jumped 3.30% to $0.3421. However, as seen on the charts, Chainlink had a more positive price rally in the first few hours over the past day to push it…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 gaming is fast, chaotic, and full of adrenaline—quick wins, viral mints, and meme battles. It thrives on hype cycles that come and go in an instant. But once the excitement fades, what’s left? If all web3 gaming has to offer is short-lived thrills, it’s running on borrowed time. You might also like: The web3 gaming knowledge gap and how to bridge it | Opinion It’s time to go back to the basics. Web3 gaming isn’t just…
South African investment firm Altvest Capital has announced plans to become the first company in Africa to hold Bitcoin as a primary treasury reserve asset, following US technology firm Strategy. South African Firm Altvest to Accept Bitcoin as Treasury Reserve Asset Altvest has already made a bitcoin purchase and has applied for regulatory approval to raise 200 million rand ($10 million) by issuing shares to increase its bitcoin holdings, CEO Warren Wheatley said in an interview. However, no final decision has yet been made on the capital raise. Altvest adopts a strategy pioneered by Strategy co-founder Michael Saylor, who began…
Flowdesk has secured $102 million in fresh funding to expand its digital asset trading and liquidity business, backed by HV Capital and a debt facility from BlackRock-managed funds. “This funding round marks a pivotal moment for Flowdesk as we accelerate our expansion into key global markets,” said CEO Guilhem Chaumont in an email to CoinDesk. “Institutional demand for market-making infrastructure is growing rapidly, and we are committed to scaling our technology and services to meet that need.” In a release, Flowdesk said it will use the proceeds of the round to scale its over-the-counter (OTC) derivatives business and launch a…
The Apex Fusion Foundation, a decentralized technologies platform, has launched its blockchain ecosystem and native token, AP3X, as per the reports shared with Finbold on Thursday, February 20. With the blockchain live, the project integrates Bitcoin’s (BTC) unspent transaction output (UTXO) security model with Ethereum (ETH) Virtual Machine (EVM) programmability, which helps create a more stable and intricate staking framework. AP3X will be listed on LBANK starting February 20, 2025, with initial yields estimated at around 10% per year. And we are live! AP3X is listed on @LBank_Exchange and @CoinstoreExc 🔥 pic.twitter.com/ftArYuuxXh — Apex Fusion (@ApexFusion) February 20, 2025 Apex…
The digital asset market is currently witnessing a substantial downtrend, causing huge losses to traders. Today, according to data reported by Lookonchain, a trader who held long positions on several tokens lost millions of dollars. This bull has lost $9.85M from going long on $BTC, $SOL and other tokens.After the market dropped, he deposited another 3.5M $USDC into #Hyperliquid as a margin today.https://t.co/2N8f8TIYcx pic.twitter.com/tXDpFebauD — Lookonchain (@lookonchain) February 19, 2025 The trader took long positions As per Lookonchain data, the whale leveraged long positions on crypto futures including Bitcoin, Solana, and other tokens in the Hyperliquid trading platform. However, things…
As bitcoin trades at $81,626—just shy of the $82,000 mark—disparities in mining costs among leading public firms expose striking operational differences, with some companies extracting bitcoin at a fraction of the network’s estimated average. Mining Bitcoin for Profit? It Depends on Who’s Paying the Power Bill On March 11, 2025, bitcoin’s spot price settled at a low of $81,626, bringing mining profitability into focus. Data provider Macromicro.me placed the average cost to mine one BTC at $85,233 as of March 9, a figure based on electricity consumption models. However, this estimate stands in stark contrast to the self-reported expenditures of…
A newly released roadmap of the Stellar Foundation highlights the need to significantly improve on three key areas – Real-World Assets, monthly active addresses, and Decentralized Finance. Stellar seeks to reach a Total Value Locked (TVL) of $1.5 billion in 2025 while supporting lending, saving, and borrowing protocols. The Stellar Foundation has officially unveiled its 2025 roadmap. According to the report shared on X, its operation for the year would be based on three primary objectives bordered around open participation, everyday financial services, trust, and results-driven execution. Source: Denelle Dixon Delving into the Roadmap In the report, the Stellar Foundation…
The team behind Shiba Inu metaverse project, SHIB: The Metaverse, has introduced a mini-game centered around fishing. In an X post on Monday, Shiba Inu’s Marketing Lead, Lucie, highlighted the game, calling the community’s attention to the fishing game set to launch in SHIB: The Metaverse. She emphasized that the game’s purpose is not just for recreational activity but serves as the foundation of a broader in-game economy within the metaverse project. Notably, it requires players to utilize precision and skills to progress through different ranks and eventually become master anglers. Features of SHIB: The Metaverse Fishing Game The mini-game…