Author: NBTC

Crypto trading platform Crypto.com has integrated Paypal as a payment method for U.S. users to buy cryptocurrencies, enabling transfers between Paypal and Crypto.com wallets. “Further integrating traditional and digital payment capabilities is critical to the continued mainstreaming of cryptocurrencies,” said Crypto.com’s president. Crypto.com Integrates Paypal for Crypto Purchases Cryptocurrency trading platform Crypto.com announced on Wednesday that U.S. users now have the option to use Paypal as a payment method for purchasing cryptocurrencies. This integration allows users to link their Paypal and Crypto.com wallets, facilitating transfers from Paypal to Crypto.com for buying a wide range of crypto tokens. Eric Anziani, President…

Singapore’s largest bank, DBS, has partnered with Ant International to develop a blockchain-powered treasury and liquidity management solution. With DBS Treasury Tokens, Ant International will cut down the settlement time for intragroup transactions from days to seconds while slashing costs. Singapore’s DBS Bank has announced a new partnership with Ant International, where the latter will rely on the lender’s blockchain solutions for its treasury and liquidity management solutions. DBS, Singapore’s largest bank, operates a permissioned blockchain solution that it has now integrated with Ant International’s Whale Platform, a treasury management solution that leverages blockchain, AI and other technologies to enhance…

Crypto Twitter is currently debating whether RFK Jr. suffered his own on-air ‘Biden’ moment or took a thinly-veiled shot at Cardano when he signed off his interview with Charles Hoskinson by saying “I love the Bitcoin community.” The pair met virtually last Saturday to discuss all things politics and crypto as campaigns continue to ramp up ahead of November’s presidential elections. All was going well until RFK signed off by saying, “I love the Bitcoin community, and I’m going to light it on fire when I get in there [The Whitehouse],” before the room fell silent. Read more: Charles Hoskinson…

Rune Christensen, co-founder of the recently rebranded Maker protocol, has clarified that there will be no “freeze function” added to the project’s new USDS stablecoin. “Actually there will be no freeze function at launch, there will just be an upgrade ability,” Christensen said in an Aug. 27 X post. With this upgrade ability, members of the project’s governance will be able to decide later how new functions will be implemented to protect against “as many risk factors as possible.” Crypto X Community Raises Centralization Concerns Christensen’s X post comes after the protocol faced backlash for a supposed “freeze function” in…

Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited to a gala dinner. Trump markets the collection as an opportunity to own a unique piece of American history. Trump Launches New NFT Collection Former U.S. President Donald J. Trump announced on his Truth Social platform Tuesday the release of his fourth series of digital…

Ethereum price is consolidating above the $2,700 resistance. ETH could gain bullish momentum if it clears the $2,785 resistance zone. Ethereum is struggling to gain pace for a move above the $2,800 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above $2,780. Ethereum Price Starts Consolidation Ethereum price remained stable above the $2,650 level. ETH formed a base and started a steady…

A Rhode Island resident has pleaded guilty to money laundering conspiracy linked to an international drug trafficking ring. The operation laundered over $25 million using cryptocurrency, with Villa directly involved in converting cash into crypto. Villa faces up to 20 years in prison and a significant fine. Rhode Island Man Pleads Guilty in $25 Million Cryptocurrency Laundering Case The U.S. Attorney’s Office for the District of Massachusetts announced on Wednesday that Agustin Villa, a Rhode Island resident, pleaded guilty to conspiracy to commit money laundering involving cryptocurrency in connection with an international drug trafficking operation. Villa, 61, served as a…

Aerodrome has gained ground in its competition with other decentralized exchanges with growing liquidity and trading volumes. Aerodrome uses Wrapped Ethereum (WETH) to form pairs and lock in gains, like other DEXs. Aerodrome noted that its WETH/USDC pair surpassed a similar liquidity pool on Uniswap. The Slipstream pool, containing liquidity in both WETH and USDC, reached peak volumes in the past week. DEX Screener data shows the pairing on Aerodrome surpassed a similar market on Uniswap V3. The Aerodrome pairing also retained its activity for most of the past two weeks, reaching daily volumes of $1.5B during the seven-day period.…

As the Bitcoin faithful continue to try to bring decentralized finance to the number one cryptocurrency by market capitalization, developers are continuing to build layer-2 solutions that give Bitcoin utility via Ethereum. One of these projects is Corn, a new layer-2 solution from BadgerDAO founder Chris Spadafora. Corn will use Bitcoin for its gas fees, and Spadafora said it will ultimately bring real life to the “pet rock” that is BTC. In cryptocurrency, “gas” is the colloquial name for the fee required to perform transactions or execute smart contracts on a blockchain network like Ethereum and Solana. A layer-2 solution…

Bitcoin’s (BTC) price may have officially hit “reset” following an incredible rise in the coin’s long-term holder net position change. Historically, a rise in this metric helps the price recover. But will it be the same this time? This on-chain analysis examines the chances. $20 Billion in the Bag for Bitcoin HODLers According to Glassnode, Bitcoin’s long-term holder net position change has been increasing since July 22. However, today, the metric, which tracks the 30-day change in supply held by long-term holders, hit its highest point since January 2020. As seen in the image below, long-term holders purchased 334,358 BTC…