Author: NBTC

Renowned payment processor Mastercard has recognized crypto-based payment giant Ripple among the leading entities shaping payment solutions in Latin America. This recognition of Ripple’s effort came in a recent publication by Mastercard. The report explored the future of remittances in Latin America from the angles of digitalization, diverse payment channels, and the importance of strategic partnerships. Pseudonymous XRP community figure WrathofKahneman called attention to this development in a recent post on X. #Ripple cited a few times in the new MasterCard report, “The future of remittances in Latin America: Digitalization, multiple rails, & the strategic role of partnerships” as an…

Speaking to crypto.news in an interview, Sebastien Borget, co-founder & COO of The Sandbox, discussed the hurdles that web3 gaming faces on the path to mainstream adoption. Web3 is transforming the gaming sector. In what can be seen as a massive shift from traditional gaming platforms, web3 games let players engage deeper with the games in novel and decentralized ways. These games offer players more control & ownership over their in-game assets, such as items, characters, & currencies. Players can trade, sell, or even create their own assets. Major AAA game publishers have already been testing these new waters in…

South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned IPO. Per Business Post, Lee’s two-year term as Bithumb boss expires later this month. But industry figures believe he will be reappointed as the firm tries to fast-track its public offering plans. Trading volumes on South Korea’s Bithumb crypto exchange over the past month. (Source: CoinGecko) South Korea’s Bithumb Aiming for National IPO First Bithumb wants to become the first crypto exchange to go public on the Korea Exchange. The firm has reportedly developed plans to spin off some of…

The latest 8-hour chart analysis indicates that Bitcoin remains in a downward trajectory. Analysts from Coinotag suggest Bitcoin must surpass the resistance zone between $66,700 and $65,800 to reverse the trend. “If Bitcoin fails to hold the support at $62,300, it could drop further to $61,200,” experts warn. As Bitcoin struggles to break out of its downward momentum, technical indicators highlight critical levels that could determine the near-term trajectory of its price. Current Technical Outlook on Bitcoin The ongoing analysis of Bitcoin’s 8-hour chart shows a consistent bearish trend. The cryptocurrency has been unable to break above the indicated resistance…

Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulator’s current policies on crypto will have a lasting effect on the industry. In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won’t be able to buy it, and developers won’t be able to develop Ethereum or build any more applications on top of the protocol. Earlier this year, SEC Chair Gary Gensler refused to confirm whether or not he sees ETH as a security. Says Lubin, “If the…

Former Twitter CEO Jack Dorsey has made a staggering $21 million donation to OpenSats, a platform dedicated to funding Bitcoin (BTC) development. The nonprofit announced Dorsey’s donation in a May 4 blog post, where it indicated the funds would be used to bolster the resources available for open-source projects, providing crucial funding to innovators across the globe. Dorsey, who led Twitter (now known as X) from 2015 to 2021, later confirmed the contribution while responding to a post by technology specialist and whistleblower Edward Snowden, who was warning Bitcoin developers regarding the need to incorporate privacy measures at the protocol…

B+J Studios launched its new social rewards program for its online gaming app Cupcake on the Solana blockchain on Tuesday, billing the web-based experience as a fun and engaging potentially entry point into the world of cryptocurrency. Using a feed format similar to TikTok, Cupcake features mini-games inspired by crypto culture and memes and includes games like Would You Rather, Caption This, and Two Truths and a Lie to earn rewards. B+J Studios is billing Cupcake as a “CultureFi” (or “culture finance”) app, following in the footsteps of such trends as GameFi and SocialFi. “Cupcake’s approachable social games create a…

Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia, and offer a Colombian peso-pegged stablecoin as part of its asset portfolio. Bancolombia Enters the Crypto Exchange Industry in Colombia With Wenia Bancolombia, one of the largest banking companies in Colombia, launched Wenia, a cryptocurrency exchange that will seek to disrupt the cryptocurrency space in the country. Wenia aims to wrestle market share from Binance and…

A group of prominent Ethereum developers, including Vitalik Buterin, has proposed a new transaction type (EIP-7702) to enhance the functionality and security of Externally Owned Accounts (EOAs). The proposal aims to address common issues such as transaction batching, sponsorship, and privilege de-escalation. According to the EIP-7702 draft, the new transaction type “adds a contract_code field and a signature, and converts the signing account (not necessarily the same as the tx.origin) into a smart contract wallet for the duration of that transaction.” The proposal is intended to offer similar functionality to EIP-3074. The motivation behind EIP-7702 is to provide short-term functionality…

Ark Invest and Cathie Wood have made their entrance on the Italian Stock Exchange with the listing of three ETFs active in Milan. Among these, there is ARKK, the well-known flagship fund of ARK dedicated to innovation. In addition to this, the ARK Genomic Revolution (ARKG) is also proposed, focused on genomic technologies. Moreover, also ARK Artificial Intelligence & Robotics (ARKI), a new strategy dedicated to artificial intelligence and robotics, specifically developed for the European market. Let’s see all the details below. Milan: Ark Invest’s ETFs now available on the stock exchange for investors in Italy ARKK, ARKG and ARKI:…