Author: NBTC

John Deaton, a crypto lawyer and XRP advocate, has analyzed the suitability of likely candidates to replace Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC). Deaton’s selection zeroes in on Brad Bondi, Global Co-Chair of Investigations and White Collar Defense at law firm Paul Hastings. Why Brad Bondi is Deaton’s choice The pro-XRP lawyer’s choice comes as speculation has gripped the broader cryptocurrency space about Gensler’s possible voluntary stepping down. The assumption that Gensler will resign before the new administration resumes office on Jan. 20, 2025, has gained traction. Notably, Gary Gensler still has until 2026…

Nexbridge, a digital asset issuer, has introduced USTBL—a regulated gateway for investors to tap into U.S. Treasury returns through blockchain technology. Anchored on Blockstream’s Liquid Network, the offering leverages the firm’s Asset Management Platform, aiming to ensure streamlined compliance and bolstering transparency. The issuance kicks off with a soft cap set at $30 million. Blockstream’s Liquid Network Hosts USTBL While tokenized treasury securities have been tested in various ways, this marks the debut of a regulated public offering designed to operate seamlessly across different jurisdictions. Nexbridge envisions this initiative as a global blueprint for compliant digital asset offerings. USTBL adheres…

The rise of digital currencies such as Bitcoin (BTC) has shone a new light on gold’s role as a store of value. While the two assets have different risk profiles and correlations, many investors are increasingly gravitating toward BTC — mainly on account of its ability to deliver immense returns. Opinions are split on the matter — whereas financial educator Robert Kiyosaki, for example, recommends holding both, precious metal analyst Peter Spina deemed the digital asset’s role as ‘digital gold’ an utter failure. Both investments have seen significant price action throughout 2024. At press time, BTC is trading at $66,640…

A new survey involving 300 contractors and 700 Americans explored the various perspectives in the field of crypto payments. It seems that in the construction sector, crypto adoption has a growing role.. but let’s look at the results. Crypto payments: the results of the survey on the use of cryptocurrencies in the construction sector Payments in crypto in construction: the perception based on generational belonging BTC at its new ATH Crypto payments: the results of the survey on the use of cryptocurrencies in the construction sector Apparently, crypto payments are increasingly making their way into the construction sector. This is…

Chiliz (CHZ) is a cryptocurrency that enables sports fans to engage uniquely with their favorite teams. Designed as a service token for Socios.com, Chiliz facilitates and enhances interactions between fans and clubs. This project not only allows fans to support their teams by purchasing exclusive digital assets but also gives them a say in club decisions and access to various opportunities. Binance Completes Distribution of 1000PEPPER to Chiliz (CHZ) Holders Binance successfully completed the distribution of the 1000PEPPER airdrop for Chiliz (CHZ) token holders. Thanks to this special airdrop, CHZ holders received an additional reward of 1000PEPPER tokens. Users can…

SEC Chair Gensler, an obstacle to the US becoming a crypto hub, is expected to resign soon just as past SEC chiefs have after elections and to be replaced by Brian Brooks. While Trump committed to fire Gensler on the first day of his second term, he legally cannot do so without justification until Gensler’s term ends in 2026. Conversations surrounding the next U.S. Securities and Exchange Commission (SEC) chair have surged on social media, focusing on possible successors to Gary Gensler. Former Binance CEO, and board member of the Hedera Foundation, Brian Brooks has become a top contender on…

More than 24,000 United Nations staff are set to gain blockchain skills as the UN expands its academy, developed in partnership with the Algorand Foundation. The United Nations Development Programme is expanding its blockchain education academy to provide training to 24,000 personnel worldwide, the international organization announced in a press release on Nov. 19. The initiative, launched in collaboration with the Algorand Foundation, aims to equip UN personnel with blockchain skills to help them understand how the technology can contribute to building a “more sustainable and equitable future,” according to Doro Unger-Lee, head of education and financial inclusion at the…

El Salvador’s President Nayib Bukele has donated 2 Bitcoins, worth $133,000, to help raise funds to build 1,000 schools in Honduras. Bukele has reportedly donated to Shin Fujiyama, a Japanese philanthropist who is committed to improving education for children in Honduras using his personal fund. 🇸🇻❤️🇭🇳 pic.twitter.com/AFWUXEdEv6 — Nayib Bukele (@nayibbukele) October 23, 2024 The Salvadoran government address has been buying 1 BTC per day since March 16. At present, the Salvadoran government holds 5,913 BTC. The decision to buy 1 Bitcoin every day is El Salvador’s persistent effort to adopt the cryptocurrency, even as the International Monetary Fund (IMF)…

Stuart Alderoty, chief legal officer at enterprise blockchain company Ripple, recently took a not-so-veiled dig at former SEC General Counsel Bob Stebbins. This comes after Stebbins recently emerged as one of the top picks to replace SEC Chair Gary Gensler. In his post, Alderoty pointed to the fact that Stebbins was involved in crafting the now-infamous Ethereum speech, which recognized the second-largest cryptocurrency as a non-security back in 2018. “Clayton 2.0” Stebbins has faced strong opposition from cryptocurrency advocates due to his association with former SEC Chair Jay Clayton. Clayton, of course, famously brought the lawsuit against Ripple during his…

The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Thursday) a significant expansion of its BTC mining capabilities, ordering 5,000 new Avalon A15-194T ASIC miners from Canaan. It marks the second major purchase this month as the company positions itself for the Bitcoin price approaching $100,000. The latest acquisition follows a previous order of 6,500 Avalon miners earlier in November, bringing HIVE’s total new miner purchases this month to 11,500 units. The company expects these upgrades to boost its operational capacity to 6.4 exahash per second (EH/s) by the end of 2025, up from…