Author: NBTC

Host of the Good Morning Crypto podcast, Abdullah Nassif, recently sparked a discussion in the crypto community by questioning whether XRP is “finally” recognized as a currency. This conversation was triggered by Wall Street analyst Linda Jones, who highlighted in a recent podcast that XRP was long considered not to be a security, even before the SEC lawsuit against Ripple Labs. The context of her statement revolved around the potential for the SEC to appeal the 2023 ruling, which states that XRP is not a security. Previous Lawsuit Called XRP a Virtual Currency According to Jones, it was “already determined”…

According to Hong Kong’s Securities and Futures Commission (SFC), the regulator is ready to approve more licenses for crypto exchanges. However, it reminded them that they must first undergo stringent compliance checks. The SFC released a licensing framework, which all exchanges must comply with. This framework addresses key issues, such as AML practices, investor protection, and secure assets custody. The SFC’s digital asset licensing framework After an inspection period of about five months, the commission found some of the digital assets trading companies that submitted to its approval process lacking in key areas, such as custody of clients’ assets and…

Buzzy battle royale game Off the Grid has added player skins inspired by Donald Trump and Kamala Harris skins, each featuring comical voice lines, in its latest “Save Democracy” content pack—just four days before the U.S. presidential election. The content pack grants buyers player skins based on the respective presidential candidates, with each face looking like a rubber Halloween mask. The pack is also bundled with two “Epic” weapons, as well as character emotes that show the character either building a wall or tossing a molotov cocktail. Both skins come with custom voice lines performed by soundalike actors, delivering comical…

With the advancement of IT technologies and blockchain platforms, a new type of contract has emerged: smart contracts. In this article, we’ll explore smart contracts and how they’re being used today. Table of Contents What are smart contracts. Smart contracts explained Historical background How do smart contracts work Types of smart contracts Benefits of smart contracts Use cases Smart contracts examples Future of smart contracts What are smart contracts. Smart contracts explained What is a smart contract? It is like a digital agreement that runs on its own, with all the terms and conditions written directly into the code. It…

Almost everyone in the cryptocurrency community knows that Michael Saylor is a massive Bitcoin (BTC) enthusiast, but he has not bought any of the maiden crypto asset lately, leading one trading expert to try and discern the logic behind this and whether his confidence is going down. Indeed, trading expert Alan Santana has pointed out that the MicroStrategy (NASDAQ: MSTR) executive chair “hasn’t been buying any Bitcoins,” as well as that BlackRock (NYSE: BLK), “is nowhere to be found,” wondering what this indicates, in a TradingView post on September 4. Why is Saylor not buying Bitcoin? According to Santana, “one…

During the Hong Kong Fintech Week, the bank HSBC presented the gold token, the first real world asset token issued by a bank linked to physical gold. In reality, the gold token of HSBC was launched in June 2024 and unfortunately for now it is only for residents of Hong Kong. 1 token is equivalent to 0.001 ounce of gold. The tokens are unfortunately (but predictably) based on a private distributed ledger, to avoid gas fees and due to issues related to KYC, or rather the fact that the bank wants to know who holds the tokens and they do…

Shiba Inu lead Shytoshi Kusama has once again set the crypto community abuzz with a cryptic update to his X profile. This time, Kusama changed his location to “Whale.” The mysterious update has fueled speculation within the Shiba Inu community, who are eager to decipher the meaning behind this subtle yet intriguing message. Shytoshi Kusama’s current location is…👀📍Whale🤔 pic.twitter.com/t1puNBiHrr — KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) September 17, 2024 In cryptocurrency parlance, a “whale” refers to an individual or entity that holds a large amount of a particular cryptocurrency, with often significant influence on the market. Given the Shiba Inu lead’s history of…

Republican Senate candidate and pro-crypto lawyer, John Deaton has challenged former SEC attorney Ladan Stewart in a debate raising concerns about her conduct while at the Securities and Exchange Commission (SEC). Deaton has actively advocated for investor rights in crypto and blockchain cases, and has accused Stewart of actions that harmed investors, particularly in cases involving Ripple (XRP) and LBRY. After the election, either as Senator-elect or in my private capacity, I’d be more than happy to appear on a panel for a discussion/debate with or 🆚 Ladan Stewart. While at the @SECGov, she actively litigated against the very people…

Daily mining revenue and gross profit fell in October for the fourth month in a row, the report said. The bank noted that daily block reward gross profit fell to the lowest point on recent record. Mining difficulty hit an all-time high in October, the bank said. Daily bitcoin (BTC) mining revenue and gross profit dropped in October for a fourth straight month, JPMorgan (JPM) said in a research report Friday. The bank estimated that bitcoin miners earned an average of $41,800 per exahash per second (EH/s) of hashrate in daily block reward revenue, 1% less than in September. Hashrate…

Metakraft AI has launched an integration with IQ GPT, significantly enhancing its platform. This innovative platform simplifies the creation of immersive 3D content through AI-powered tools. Now, users can generate, customize, and publish 3D experiences with ease. Metakraft AI integrates IQ GPT 🔥🔥@TheMetakraft platform simplifies the creation of immersive 3D content through AI-powered tools and a user-friendly interface. 🔳It enables users to generate, customize, and publish 3D experiences, integrating blockchain technology for asset… pic.twitter.com/ja0brmhVf0 — IQ (@IQWIKI) October 31, 2024 Metakraft AI Integrates IQ GPT for Instant Community Support In the Metakraft AI community, with IQ GPT, the community gets…