Author: NBTC

SingularityDAO, a decentralized portfolio management protocol, has partnered up with Cogito Finance to integrate Real World Assets (RWAs) into its upcoming AI-powered DynaVaults v2, according to the most current information shared with Finbold on Wednesday, September 18. The collaboration seeks to merge decentralized finance (DeFi) with traditional finance (TradFi) by developing innovative, compliant on-chain financial products. Mario Casiraghi, Co-founder of SingularityDAO and Executive at the Artificial Superintelligence Alliance, commented on the integration, stating: “The integration of Cogito Finance extends SingularityDAO’s goal of provisioning access to open finance. As TradFi and DeFi converge, the missions of SingularityDAO and Cogito align synergistically.…

MicroStrategy proposed to issue $700 million of convertible senior notes, with $500 million to be used to redeem a previous tranche of notes. The remainder of the money could be used to buy additional bitcoin. Nasdaq-listed bitcoin development firm MicroStrategy (MSTR) announced Monday that it intends to offer $700 million aggregate principal amount of convertible senior notes due 2028. The company plans to use the proceeds of the offering to redeem $500 million worth of senior secured notes with 6.125% annual yield maturing in 2028, the press release said. It will use the rest of the proceeds to purchase more…

A recently released report on Palau’s National Government Payment Service has revealed a significant level of contact between Ripple and the International Monetary Fund (IMF). Prominent XRP community member WrathofKahneman (WoK) unearthed this observation and highlighted it in a recent post on X. Notably, the report from Palau highlighted the successful completion of Phase 2a of the country’s digital payment initiative. For context, this initiative focuses on developing a stablecoin service, “PSC.” Palau is carrying out this project in collaboration with Ripple, utilizing the XRP Ledger (XRPL). This recently completed phase analyzed stakeholder requirements in six key socioeconomic areas to…

Sei is a Layer 1 blockchain platform specifically optimized for digital asset exchanges, featuring open-source and publicly accessible technology. This innovative network is designed to address the scalability challenges that often impede the widespread adoption of Web3 applications. Sei’s unique consensus mechanism and transaction processing enhancements enable parallel execution, swift transaction finality, and a seamless experience for users of applications developed on its blockchain. Contents hide 1 How does Sei ensure fast transaction processing? 2 What roles do SEI Coins play? How does Sei ensure fast transaction processing? Sei achieves high-speed processing by identifying independent transactions that can be executed…

Although Bitcoin has experienced sharp declines recently, investors’ BTC upward expectations continue. At this point, the first target for BTC was 100 thousand dollars, while Mark Moss, co-founder of Bitcoin Opportunity Fund, pointed out the end of the year for 100 thousand dollars. Speaking to Michelle Makori of Kitco News, Mark Moss predicted a significant increase in Bitcoin price due to large-scale liquidity injections by the US government to prevent an economic recession. Moss stated that if the USA adopts BTC as a strategic asset, other countries will follow the USA and the BTC price may increase further. Moss also…

WisdomTree has introduced a new platform called WisdomTree Connect to give users access to tokenized real-world assets. The platform aims to make tokenized assets more accessible to businesses and institutional users, allowing them to integrate traditional financial products with DeFi systems, according to a press release from WisdomTree. Tokenization refers to the process of turning traditional assets, like money market funds, into digital tokens that can be used on blockchain networks. The new platform enables users to buy and hold WisdomTree digital funds in their own digital wallets, which can either be self-hosted or managed by a third party. For…

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: With a Fed rate decision coming this week, a look at where markets stand, and where they could head. Another traditional money manager has hopped aboard the tokenization train. The big press conference and other data points Casey thinks you should keep an eye on. A Fed rate cut looms: Expectations abound…

Aave’s price saw a surge of over 12% amid heightened whale activity and a broader jump in the global crypto market. At the time of writing, Aave (AAVE) has become the 47th largest cryptocurrency, with its market cap exceeding $1.89 trillion as its price soared 12.4% on Aug. 20, trading at $126.9, according to data from crypto.news. AAVE 24-hour price chart – Aug. 20 | Source: crypto.news Despite this rise, the cryptocurrency remains down 80.8% from its all-time high of $661.6, while its daily trading volume is staying at $392 million. 2 whales bought 31,407 $AAVE($3.92M) in the past 4…

In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels. Bitcoin Risks Crash To $42,000 On August 1, the pseudonymous crypto analyst DonAlt shared an in-depth price analysis and future outlook of Bitcoin on the TechnicalRoundup YouTube channel. According to the analyst Bitcoin could experience a potential price crash to $42,000 if it fails to hold the critical support level at $63,000. Based on Bitcoin’s recent price actions and present market conditions,…

AirSwap is a non-custodial platform for peer-to-peer over-the-counter (OTC) and request for quote (RFQ) trading of Ethereum ERC-20 tokens and non-fungible tokens (NFTs), which enables individuals and trading firms to swap tokens directly with each other. The platform is decentralized because AirSwap does not control the users’ funds and trading execution is done via smart contracts. AirSwap’s peer-to-peer swaps are non-custodial and atomic, which the platform claims helps to eliminate counterparty and intermediary risk, since there are no deposits or escrow. The platform has the advantage of a decentralized exchange (DEX) in that users are in complete control of their…