Author: NBTC

After a long and arduous process following its dramatic collapse, the FTX payout plan has officially gone into effect today, January 3, 2025. This marks a major milestone for creditors who have been awaiting the recovery of their assets. The FTX estate, which manages the bankruptcy proceedings of the collapsed crypto exchange, plans to begin repayments within 60 days of the effective date, the estate said in December. Although the estate estimates that total distribution will range between $14.7 billion and $16.5 billion, the first payout round will not reach that amount as it prioritizes convenience classes—those with allowed claims…

Mind Network, a fully encrypted web3 infrastructure, has announced its new collaboration with Duck Chain. The collaboration aims to advance the on-chain governance. It leverages the Mind Network’s latest privacy technology Fully Homomorphic Encryption and Duck Chain’s consumer-focused blockchain solutions. 🚀 Partnership Announcement!@Duck_Chain x @mindnetwork_xyz unite to revolutionize on-chain governance through cutting-edge FHE privacy technology🔒 AI-powered private voting with FHE encryption🏛️ Tamper-proof decentralized governance🤖 Privacy-first AI agents🌐 Seamless… pic.twitter.com/BLENJV0bg8 — Mind Network (@mindnetwork_xyz) January 3, 2025 By combining the strengths of both the entities, Mind Network and Duck Chain intend to provide decentralized and tamper-proof governance solutions. Additionally, it also…

While Bitcoin flirted with the $100K range last week, coming within touching distance, market observers have highlighted a similar occurrence around key psychological levels in history. On November 22, Bitcoin reached an all-time high of $99,800, just $200 away from hitting $100,000, a milestone that the crypto community and the global finance space have been anticipating since the last cycle. However, in the two days that followed, Bitcoin traded in a tight range between $99K and $98K. The bears ultimately took control, and Bitcoin broke below this range, hitting a low of $90,700 by Tuesday. With anticipation for $100K slightly…

Crypto.com is now allowing US users in four states to add stocks and ETFs to their portfolios. This represents a major step forward for the exchange as it transforms from a purely crypto-focused platform into a greater presence in traditional finance. Since 2023, the company has made inroads with many jurisdictions, and this new acceptance from US regulators represents a dramatic turn in their working relationship. US Warms Up to Crypto.com Crypto.com, an exchange with years of history in the space, is now offering stock and ETF services to a limited range of US clients. The company made this announcement…

Midas, an open web institutional-grade digital assets platform, is proud to partner with Plume Network. This Layer 1 protocol highlights the utilization of Real World Assets (RWAs). This partnership would seek to onboard institutional-quality investments into the decentralized finance space using Plume’s strong core. We’re proud to announce integration with @plumenetwork, an L1 focused on the adoption of Real World Assets.Midas’ products will launch on the Plume mainnet, bringing institutional-grade assets to the open web. pic.twitter.com/E2XBztPL5T — Midas (@MidasRWA) January 3, 2025 Midas products will start on the Plume mainnet, hence opening dawn for tokenized RWAs and other ventures like…

Prominent business and finance expert Robert Kiyosaki, also well-known for his book on personal finance management “Rich Dad Poor Dad”, has addressed his X followers, including many crypto enthusiasts, on the subject of the approaching Thanksgiving Day in the US. Even in this celebratory post, Kiyosaki did not hold back and talk about making a fortune and named a key quality necessary for it. This tweet comes right after the “Rich Dad Poor Dad” author made a prediction that Bitcoin is to reach $500,000 next year. Kiyosaki reveals key ingredient for becoming rich Robert Kiyosaki tweeted that Thanksgiving Day is…

Cardano has released Plan 529 as an important stepping stone to the Plomin hard fork that is set to enhance the blockchain’s governance and capabilities. This upgrade is named after Matthew Plomin, a key member of the community and the co-founder of the Cardano USDM stablecoin. The Plomin hard fork, formerly known as Chang 2, is to occur at epoch 529, which is expected to start on the 20th of December, 2024. The date was announced by Intersect, a Cardano community entity that has been involved in coordinating the upgrade. Plan 529 describes the process for the mainnet hard fork…

Liberland President Vít Jedlička has named Justin Sun, TRON founder and former Grenadian ambassador to the WTO, as acting Prime Minister. The announcement, follows Liberland’s first-ever congressional elections, conducted via an algorithmic blockchain-based voting system—a bold experiment in transparency and decentralized democracy. Liberland, a self-declared microstate located on a disputed territory between Croatia and Serbia, has adopted blockchain as the backbone of its governance. Its recent elections, pitched as a foolproof model for democracy, underscore this commitment. While no country formally recognizes Liberland as a state, its leadership remains resolute in demonstrating its viability. The elections also saw influencer Evan…

The leading cryptocurrency Bitcoin (BTC), which reached the $100 mark last week, has been in a downward trend in recent days. Bitcoin, which fell to $90,000 in this decline, continues to make investors nervous. At this point, while analysts state that we are in a bull market, the rise will continue and such pullbacks are normal, 10X Research founder Markus Thielen, known for his accurate predictions, announced the new forecast. Stating that $89,000 and $75,000 are critical for Bitcoin in the current correction, Theilen said that these are two important support levels for BTC. Thielen noted that the first major…

NFT collections like Zereborn, YATS, and JOYWORLD J are in the news as the top trending NFT collections in the past week. The NFT market is still evolving and proving its sustainability despite volatile indicators. This week, the sector reached $39.4 billion in capitalization based on 1.39 million transactions. Trending #NFT Collections on major NFT MarketplacesPresenting the top NFT Collections sorted by 7-day floor price growth currently trending on marketplaces such as @opensea, @blur_io, @MagicEden, @tensor_hq, and @unisat_wallet. #NFTs #CryptoPunks #BASE $BASE #Web3 pic.twitter.com/Ua2HmTiPf3 — 🇺🇦 CryptoDiffer – StandWithUkraine 🇺🇦 (@CryptoDiffer) January 3, 2025 Nevertheless, the market recorded a slump…