Author: NBTC
Last month, at Paris Blockchain Week 2024 (April 9-11, 2024), Web3 journalist Ornella Hernández talked to Markus Infanger, Senior Vice President of RippleX. His discussion focused on the growing ecosystem, new technological advancements, and Ripple’s role in facilitating blockchain innovation. The XRP Ledger booth attracted significant attention at the conference, serving as a hub for queries and discussions about blockchain development. Infanger noted the enthusiastic reception from attendees, many of whom were eager to learn about starting projects on the XRP Ledger. This interest highlights the ledger’s expanding influence and the community’s eagerness to explore its capabilities. Ripple is actively…
The trading and investment platform eToro announced today (Monday) that it has successfully achieved the SOC 2 Type II Compliance Certification following a comprehensive audit of its custody operations. The certification, issued by the accounting firm Grant Thornton, verifies that eToro’s systems and processes meet stringent industry standards for data security, privacy, and confidentiality. The SOC 2 Type II Compliance Certification is an auditing procedure developed by the American Institute of CPAs (AICPA) to ensure that service providers securely manage and protect client data. The certification is particularly relevant for technology and cloud computing companies that store sensitive customer information.…
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security. The White House order said the British Virgin Islands company behind MineOne, which is majority owned by Chinese nationals, must remove all the improvements and mining equipment on the property located within a mile of the military facility in Cheyenne – a base that houses Minuteman III nuclear missiles. The company, which bought the property in 2022, was accused of acquiring the land and starting work there without filing with the Committee on…
Bitcoin (BTC) fees skyrocketed to their highest level, above $100, as the halving occurred, racking up over $2.4 million in mining fees. As a result, users, enthusiasts, and investors may turn to low-fee cryptocurrencies for efficient alternatives, potentially increasing their market demand. The 12,000-followers cypherpunk influencer, who goes by the alias Untraceable on X (formerly Twitter), believes an extended high-fee period for BTC can drive the cryptocurrency market focus to altcoins, possibly igniting an altseason. Is the Nano feeless network vulnerable to spam? Interestingly, the feeless design decision has received much criticism over the years from competing cryptocurrency supporters and…
A whale address recently moved 11 million Solana (SOL) worth $1.57 billion as SOL dropped below $146, stirring market speculation about the potential motives behind the move. According to a disclosure from whale-tracking resource Whale Alert, in the past 24 hours a huge transfer occurred on the Solana blockchain where over 11 million SOL tokens, worth about $1.57 billion at the current market rate, were transferred. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 11,000,000 #SOL (1,565,733,797 USD) transferred from unknown wallet to unknown new wallethttps://t.co/ao86Kjdnaz — Whale Alert (@whale_alert) May 8, 2024 The transaction occurred between unidentified…
Poloniex’s exchange data seen by crypto.news displays what appears to be a partially abandoned platform, with over 500 trading pairs showing no trading volume. Cryptocurrency exchange Poloniex, acquired by Justin Sun in 2019, demonstrates a concerned lack of activity as the majority of all spot trading pairs listed on it barely have any trades at all. According to the exchange’s data for spot trading pairs which displays stats for the past 24 hours, 521 trading pairs out of 981 showed less than $1 or even $0 in daily trading volume as of May 13, accounting for approximately 53% of all…
Fiat currencies are evaluated on a variety of factors from usability and integrity to interest rates and demand; ultimately, bitcoin should be assessed on a wider set of criteria. The price of bitcoin has long been a media obsession. Every industry milestone appears defined solely by the price of bitcoin the following day: “Bitcoin price falls 15% following launch of ETFs,” crowed the Financial Times, following the US Securities and Exchange Commission’s bitcoin ETF approval in January. This is slightly unfair. Between July and November last year, the euro fell 7% against the US dollar, and no one questioned the…
Crypto strategist Michaël van de Poppe believes that Ethereum (ETH) is close to witnessing a big trend shift. Van de Poppe tells his 717,600 followers on the social media platform X that he doesn’t expect the U.S. Securities and Exchange Commission (SEC) to approve pending applications for spot Ethereum exchange-traded funds (ETFs) in the coming weeks. The SEC is slated to approve, delay or deny the ETH ETF applications by financial giants Hashdex and Ark 21Shares on May 30th after postponing it in March. Van de Poppe predicts that the SEC’s decision will end up being a pivotal point for…
In an extraordinary display of market momentum, Shiba Inu has clinched the second spot in VanEck’s MarketVector’s Meme Coin Index. This achievement is a big milestone for Shiba Inu, which continues to attract the attention of the cryptocurrency community. MarketVecto, a VanEck subsidiary, has joined the meme coin bandwagon, launching a new index focused on the hugely popular token category. The meme coin index, which trades under the ticker MEMECOIN, tracks the top six meme tokens. MarketVecto, a subsidiary of American asset management giant VanEck, launched the Meme Coin Index, including Dogecoin (30.77%), Shiba Inu (28.34%), Pepe (14.51%), dogwifhat (12.54%),…
In a significant development for the cryptocurrency ecosystem, Core, a Bitcoin-powered blockchain with EVM compatibility, has teamed up with Alchemy Pay to provide users with streamlined fiat-crypto onramping and offramping services. This collaboration aims to enhance accessibility and user experience within the Core ecosystem while expanding the utility of both platforms. Simplifying Fiat-Crypto Interactions With the integration of Alchemy Pay’s On & Off-Ramp services into Core’s ecosystem, developers and users can now seamlessly access fiat-crypto conversion services directly through the platform’s “Explore-Ecosystem” portal. By navigating to the dedicated “Ramp” category, Core users worldwide gain convenient access to a range of…