Author: NBTC

Sergey Nazarov, co-founder of Chainlink, confirmed today that the integration of Swift’s traditional payment system with blockchain technology has reached a production-ready stage. Nazarov made this crucial revelation at the Sibos 2024 conference currently holding at the China National Convention Centre in Beijing. This year’s Sibos brings together financial services leaders from around the world. Nazarov’s announcement marks an important milestone for digital asset transactions in traditional finance. Chainlink Swift Blockchain Payment Integration for TradFi Chainlink has been collaborating with Swift for several years to enable the use of Swift messages and standards to seamlessly interact with blockchains. Nazarov highlighted…

Bitcoin (BTC) and the broader crypto markets are navigating challenging conditions, historically worsened by September’s seasonality struggles. In a recent report, Kaiko researchers recently explored how a potential US rate cut and other key economic events could affect Bitcoin. These four charts provided by the analysts explain what to expect from BTC in the coming weeks. Monthly Change in Bitcoin Price in September As BeInCrypto reported, the third quarter has historically been challenging for Bitcoin and the broader crypto market, with September often delivering the worst returns. Kaiko highlights that Bitcoin has declined in seven of the last twelve Septembers.…

Ethereum (ETH) bulls have a big task at hand despite helping the altcoin price rise above $2,700 earlier. This time, the new mission is to prevent ETH from going below $2,400, which is a crucial support level. In this analysis, BeInCrypto checks if the cryptocurrency will drop below the region or if bulls will successfully defend it. Ethereum Sees Rising Capital Injection On October 19, the Chaikin Money Flow on Ethereum’s daily chart dropped to -0.10. Popularly called by its short form, the CMF measures the rate of capital flow in and out of a cryptocurrency. When the CMF rises,…

RWA Inc. has announced a strategic partnership with Aspis Protocol to enhance the management of tokenized real-world assets (RWAs). This collaboration aims to provide a more efficient, secure, and transparent way of managing RWAs using AI-powered decentralized vaults. The news was shared via RWA Inc.’s official X account. RWA Inc. is Partnering with @AspisProtocol! Together we are making the management of tokenized real-world assets (RWAs) efficient, secure and transparent through the use of AI governed decentralized vaults. In this post we cover:🔹 How Aspis Protocol’s on-chain asset management… pic.twitter.com/qn2yiGe60f — RWA Inc. (@RWA_Inc_) October 22, 2024 Aspis Vaults Boost Security…

Cardano’s Charles Hoskinson reacts with surprise as a Bitcoin developer unveils a seamless bridge between Bitcoin and Cardano apps. A Bitcoin developer, known as elraulito, has announced a breakthrough in blockchain interoperability, revealing a seamless bridge between Bitcoin and Cardano applications. The developer showcased a smart contract on Plutus V3, allowing Bitcoin wallets to interact directly with Cardano’s ecosystem. This enables users to send ADA, manage tokens, and stake in Cardano pools without requiring a new wallet. Notably, Cardano founder Charles Hoskinson reacted with surprise as the innovation could mark a new phase in cross-chain connectivity. https://t.co/5kd1OA6t8O pic.twitter.com/Be7ElbBOnj — Charles…

NODO, a rising prediction market platform, has announced its plans to integrate with MultiversX. MultiversX is a fast, secure, and green blockchain network that operates through 3,000+ nodes and uses sharding for scalability. The news was shared on both platforms’ X accounts. Nodo is an emerging prediction market platform that uses blockchain to cut out the middlemen and provide open access to event outcome forecasting.Expanding on-chain tokenized markets, with MultiversX support currently in development. https://t.co/qCUb8DraZH — Multiversᕽ (@MultiversX) October 22, 2024 NODO to Enhance Prediction Markets with MultiversX Blockchain Integration NODO is a decentralized platform that allows users to guess…

Ethereum’s price could be poised for a historic rally, according to cryptocurrency analysts who, using technical analysis, pointed to a rise to as much as $10,000 per ETH, up from the cryptocurrency’s current $2,570 price tag. In a post on the microblogging platform X (formerly known as Twitter) to their over 60,000 followers, analyst Trader Tardigrade predicted Ethereum’s price could hit a $10,000 high after breaking out of an ascending trendline pattern formed with symmetrical triangles. The trader noted that the first time Ethereum’s price broke out of such a structure if moved up 70%, while the second time it…

Australian crypto hedge fund manager JellyC has merged with Singaporean Trovio Asset Management in an effort to attract bigger allocations from investors, such as pension fund investment. According to a Bloomberg report on Oct. 23, Australian hedge fund manager JellyC will hold the majority of shares as it merges operations with Trovio Asset Management, said company executives. CEO of Trovio, Jon Deane said Trovio plans to eventually dispose of shareholding in the merged business, but he did not specify when it is scheduled to occur. JellyC’s Co-Founder Michael Prendiville said that the merger aims to grow the combined assets from…

VeChain is named a top player in Europe’s Blockchain IoT market, alongside major firms like IBM and Microsoft. Strategic partnerships with Walmart China and BMW have driven VeChain’s growth in supply chain and sustainability. VeChain’s IoT-blockchain integration improves data collection, transparency, and compliance, boosting its European market position. VeChain has been named one of the top players in Europe’s rapidly expanding Blockchain IoT market, according to a LinkedIn post by Global Market Insights Hub. The report lists prominent companies such as IBM and Microsoft alongside VeChain. #VeChain listed as a Key Player in the Europe 🇪🇺Blockchain #IoT Market 🔥🔥🔥#VET #VeFam…

Revert protection boosts market efficiency by preventing losses from failed transactions and improving blockspace allocation. Layer 2 blockchains benefit from RP, lowering auction profits but maximizing long-term revenue and market participation. Revert protection cuts fees for failed transactions, encouraging smarter bids but adding block-builder challenges like mempool spam. Researchers from Uniswap Labs and Columbia University recently analyzed the effects of revert protection (RP) on blockchain transaction fees. Their study, which focused on the maximal extractable value (MEV) and priority auctions across Layer 1 and Layer 2 blockchains, revealed improvements in market efficiency with RP enabled. Without revert protection, users must…