Author: NBTC

Ethereum’s blockchain is changing asset trading by allowing for real-time asset tokenization around the clock. Major financial firms, including as BlackRock, have chosen Ethereum for their tokenization projects. By emulating real-world assets, Ethereum connects mainstream and independent finance. Ethereum is emerging as the premier platform for Real-World Asset (RWA) monuments, a process that converts real and intangible resources into digital tokens on the blockchain. Major financial firms, like BlackRock, are now using crypto for monumental initiatives. This shift toward RWA is set to change financial markets by enabling continuous trading, improving liquidity, and expanding access to high-value assets. What is…

ALEX, the native token of Bitcoin layer-2 (L2) bridge ALEX Lab, emerges as the top gainer among the largest 500 crypto assets over the past 24 hours. This remarkable uptrend comes on the back of the broader recovery campaign engineered by Bitcoin (BTC) and the altcoin market. Despite the sustained selloffs from the German government, BTC rebounded on July 9, coinciding with a similar increase in ALEX’s price. ALEX price – July 11 | Source: CoinMarketCap However, while the flagship crypto asset witnessed a correction on July 10, ALEX maintained its bullish trajectory. The token spiked 21.72% yesterday, further building…

Global payment company plans to expand its services in Latin America with the latest license application in Brazil. This month, the company applied for a Payment Institution License in Brazil, seeking to offer localized payment services and enhance its real-time payment capabilities through Pix. Additionally, the company is seeking FX authorization to boost its foreign exchange services, according to a statement released (today). These licenses are expected to boost client confidence in Nium’s risk management and compliance standards, ensuring secure transactions. Speaking about the expansion strategy, Prajit Nanu, the Founder and CEO of Nium, said: “Latin America is a key…

A recent report by crypto ranking platform CoinGecko reveals the progress of Ethereum (ETH) burns since the start of 2024. According to the report, the Ethereum network has burned 465,657 ETH since the beginning of the year, as of Aug. 5. Since EIP-1559 was implemented in June 2021, 4.36 million ETH have been burned. While March 2024 had the largest monthly burn for 2024 at 147,620 ETH, it was still lower than the all-time high of 398,061 ETH burned in January 2022. How much Ethereum has been burned in 2024? 🔥As of August 5, 2024, the #Ethereum network has burned…

As the SHIB community eagerly awaits the launch of the TREAT token, Shiba Inu team member Lucie has issued an important message. Lucie wrote in a tweet: “Good TREAT takes time. Not launched yet, but stay focused. Good SHIB, along with BONE and Leash, deserves genuine treatment. Stay safe.” Lucie, in her tweet, encouraged patience in the wait for the much-anticipated TREAT token. While there has been a lot of buzz about TREAT’s impending launch, Lucie reminded the Shiba Inu community that a quality product takes time. Good $TREAT takes time. (Not launched yet, but STAY FOCUSED.)Good $SHIB, along with…

Coinbase responded to the CFTC’s proposed rules regarding prediction markets, taking aim at how the CFTC proposes to define ‘gaming’. Coinbase would like the CFTC to regulate prediction markets on a contract-by-contract basis instead of using broad categories or definitions. Proposed rules by the Commodities Futures Trading Commission (CFTC) regarding prediction markets should be withdrawn because they exceed the Commission’s statutory authority and ignore the positive impact of prediction markets on the economy, Nasdaq-listed crypto exchange Coinbase wrote Thursday in a letter to Commissioners. “We firmly believe that this all-or-nothing approach to the treatment of event contracts is not consistent…

Ronin still benefits from the game experiences of Axie Infinity. Mini-tournaments and special games boost Ronin usage. Ronin is also carrying token-based traffic for decentralized trading, boosting the Katana DEX. The Ronin blockchain is key to reviving the Web3 gaming space, which entered a prolonged crypto winter in 2022. Even after its $600M bridge hack and a recent $12M white-hat exploit, Ronin remains key to the activity of Axie Infinity, but also carries some of the top Web3 games for 2024. The Ronin chain became home to Pixels, Lumiterra and Wild Forest, competing with even more influential chains like Base…

The leading bitcoin exchange worldwide, Binance, has announced a forthcoming update to its spot and margin trading system. Set for August 14, 2024, the upgrade is projected to run for about one hour and start at 06:00 AM (UTC). Part of Binance’s continuous dedication to providing its customers with better trading experiences by maximizing performance, boosting dependability, and including fresh features to satisfy the changing needs of the worldwide trading community is this system improvement. Impact on Trading Activities All spot and margin trading activity will be momentarily stopped during the upgrade. This covers margin account transfers, order cancellations, and…

VanEck’s Head of Digital Asset Research, Matthew Sigel, identifies two factors that could hinder the potential launch of an XRP ETF. Speaking in a recent interview with Tony Edwards, the host of the Thinking Crypto podcast, Sigel highlighted several factors required for the successful launch of an ETF. The factors include SEC approval, support from counterparties like exchanges and market makers, issuers’ confidence in the asset’s investment potential, and customer demand. Solana Meets Criteria for ETF Launch, But XRP Doesn’t Applying the factors to XRP, Sigel asserted that the Ripple-affiliated coin lacks customer demand and internal conviction. Conversely, he emphasized…

Matt Rosendin, the founder of digital securities platform CapSign, has predicted that San Francisco-based firm Ripple will end up appealing the recent court decision to issue an injunction. As reported by U.Today, Ripple was ordered to shell out $125 million worth of penalties in her final judgment. This was framed as a significant win for the company given the aforementioned sum is substantially lower than the $2 billion that the SEC was asking for. Still, Torres also issued an injunction against the San Francisco-based company that is supposed to prevent further violations of securities laws. While the court’s language is…