Author: NBTC

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…

The price of Bitcoin has gone well beyond $71,000 for the first time since June 2024 on Oct. 29. Crypto analyst predicts Bitcoin is poised to reach a new all-time-high this week if the upward trend continues. According to data from crypto.news, Bitcoin(BTC) has gone up nearly 5% on Oct. 29. The cryptocurrency with the largest market cap reached $71,267 in the past 24 hours. The last time Bitcoin was able to cross the $71,000 threshold was in June 2024. Previously reported on Oct. 28 by crypto.news, head of research at CoinShares, James Butterfill stated that current Bitcoin prices and…

BounceBit’s latest upgrade combines centralized and decentralized finance to form CeDeFi V2, a protocol that grants users multichain support without having to go through BounceBit’s chain. Binance-backed Bitcoin staking startup BounceBit has launched its latest upgrade dubbed CeDeFi, which stands for Centralized-Decentralized Finance. The platform aims to combine both sides to enhance its operational efficiency and strengthen security measures. Shortly after its upgrade launch on Nov. 12, BounceBit saw a 2X increase on its inflow, amounting to $20 million consisting of Bitcoin (BTC), Tether (USDT), (ETH), Binance Coin (BNB) and Solana (SOL) trades across the CeDeFi V2 multi-chain platform. The…

Bitcoin is breaking records left and right, and Wall Street can’t ignore it any longer. The money’s on the miners now. The same miners who’ve been sweating it out all year, barely staying afloat, are suddenly the hot ticket, per CNBC’s data. It’s like flipping a switch; one minute they’re getting crushed by regulations and stagnant BTC prices, and the next, they’re riding this massive post-election Bitcoin rally straight to the top. The big players – Riot Platforms, Marathon Digital, CleanSpark – are all on Wall Street’s radar again. Here’s the thing: 2024 has been a rollercoaster for miners. Pure-play…

Andrew Tate, the controversial internet personality and former kickboxing champion, has pledged his support for crypto influencer Ben Armstrong, also known as “BitBoy.” Tate has promised $100,000 in Daddy Tate (DADDY) token to Armstrong if he wins his upcoming fight against a fellow crypto influencer, @blknoiz06 (often referred to as “Ansem”). The fight is scheduled to take place on December 6, 2024, in Dubai as part of the Crypto Fight Week event. Who is Ben Armstrong, aka “BitBoy”? Ben Armstrong, widely known in the crypto world as “BitBoy,” has amassed a large following on social media, primarily through his YouTube…