Author: NBTC

In Brazil, 400 million tokens issued; 63% of online transactions are tokenized, covering various card credentials. Leandro Garcia highlights tokenization’s role in securing payments, enhancing user experience, and preventing $650 million in frauds. Visa has recently achieved the significant milestone of issuing ten billion tokens globally, marking a major step in the adoption of digital payment security measures. In Brazil, the payment giant has issued 400 million tokens, where 63% of the platform’s online transactions are now tokenized. This includes credentials for credit, debit, and prepaid cards, significantly enhancing the security and innovation of digital financial transactions. Tokenized transactions are…

Key highlights: SingularityDAO, SelfKey, and Cogito Finance merge to create Singularity Finance, backed by strong community support. The merger enables a token swap to create SFI, a unified asset fueling the new platform. Singularity Finance aims to advance AI tokenization and broaden access to decentralized finance on a Layer 2 blockchain. A strategic union to advance DeFi and AI In a groundbreaking move for the blockchain sector, SingularityDAO, SelfKey, and Cogito Finance have officially merged to form Singularity Finance. This merger was announced on October 15th and is now confirmed, following overwhelming community support. The decision, marked by a significant…

Tech billionaire and serial entrepreneur Elon Musk reacted to a recent tweet by El Salvador’s president Nayib Bukele, in which the latter shared the recent El Salvador stats and mentioned Bitcoin, which has been the country’s only official currency for several years now. Musk’s reaction to Bitcoin-driven data: “Super impressive” El Salvador’s president shared the recent stats data of EL Salvador, but he has not mentioned over period of time it was for. Among those metrics, he mentioned a decline in criminal activities, food prices, country risk, tax rates, government spending, migration rate going down. The last two are main…

While not entirely true, the market rally sparked by Donald Trump’s election victory certainly gives the feeling no assets were left behind and failed to experience a surge. By November 12, companies like Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA) had not only caught investors’ eyes but also delivered substantial gains, reinforcing their positions as growth stocks. Meanwhile, in the cryptocurrency market, Bitcoin (BTC) and Ethereum (ETH) led a digital asset surge, benefiting from renewed investor confidence and speculative interest. The original meme stock, GameStop (NYSE: GME) – known for its leading role in the late 2020 and early 2021…

Chainlink has developed an initiative to address the long-standing challenge of data fragmentation in the financial industry, by combining AI, oracles, and blockchain technology. The integrated solution with Chainlink Oracle protocol provides real-time, standardized data access and automates validation processes, enhancing efficiency and accuracy for financial institutions and stakeholders alike. In the past year, the rise of artificial intelligence (AI) has captivated investors and businesses alike, ushering in a wave of innovative applications. Since its launch in 2022, ChatGPT has gained mainstream attention, and significant investments have rushed into AI projects. One of the projects includes Sentient Labs, an AI…

In his recent statements, FED member Christopher Waller reiterated his opposition to the launch of a digital currency in the United States, pointing to the role of the private sector in financial innovation. Waller said the Fed must manage financial stability risks while supporting technological advances. He noted the Fed’s commitment to improving the efficiency and security of the payment system, and that he believes this will benefit American households, businesses and the broader economy. Waller expressed skepticism about the necessity of a central bank digital currency (CBDC) in the US, explaining that private companies are in a better position…

The Border Transformation and Digitization (BTD) program, also powered by IOTA’s DLT, enables real-time data exchange across supply chain stages. It helps UK border agencies manage operations more effectively with transparent tracking and monitoring capabilities. The United Kingdom’s latest trade report, “Ensuring Economic Growth,” emphasizes digital innovation and distributed ledger technology (DLT) for enhancing efficiency in global supply chains. This report highlights the role of the Trade and Logistics Information Pipeline, powered by IOTA Foundation’s technology. The TLIP is praised for supporting secure data sharing and streamlined logistics effectively, reported CNF. IOTA Foundation’s Major UK Achievement The Cabinet Office has…

StakeStone secures $22M funding to advance liquid staking for ETH and BTC. Binance Labs backs the BIO Protocol for decentralized scientific research development. StakeStone recently closed a $22 million fundraising round led by Polychain Capital, with strategic investments from Binance Labs and OKX Ventures. This fundraising round reflects the increased interest in developing liquid staking solutions, particularly for Ethereum (ETH) and Bitcoin (BTC). StakeStone uses an adaptive staking network supporting Ethereum’s consensus layer in order to offer a steady and rewarding staking experience. Charles K, co-founder of StakeStone, stated: “We are excited to partner with leading funds like Polychain Capital,…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. With ongoing talk about how the regulatory winds are now set to turn in crypto’s favor after the election, one can look at software wallet Exodus to see how an SEC shakeup could have a real impact on industry companies. I checked in with executives at Exodus, which had its public listing delayed in May. Exodus CEO JP Richardson wasn’t too happy about the delay, saying in a statement the company was “surprised and confused by this last-minute decision,” given it had been “fully transparent and…

Data shared by the Ripple Stablecoin Tracker account on the X platform has revealed six consecutive transactions, which carried a massive amount of Ripple USD (RLUSD) stablecoins each. All those transfers were conducted within a single hour, and they carried 441,000 RLUSD, cumulatively. They were the first RLUSD transfers facilitated by Ripple after a pause that lasted several weeks. 441,000 RLUSD transfer facilitated The aforementioned data source revealed the details of six transactions that took place roughly 15 hours ago. Per the tweets, some of them were conducted between anonymous wallets, which were likely affiliated with Ripple somehow or unknown…