Author: NBTC

DeFi Saver, a well-known platform for DeFi management, has recently announced the integration of Sky Protocol. Sky Protocol mentioned that the integration takes into account support for $SKY, $USDS, as well as Sky-Protocol features at its launch on the 18th of September, marking a key development facilitating both Sky Protocol and DeFiSaver. .@DeFiSaver has announced support for USDS, SKY, and Sky Protocol features, available at launch on 18 September! https://t.co/iPqCPaclPe — Sky (@SkyEcosystem) September 13, 2024 DeFi Saver and Sky Protocol Integrate to Provide Support for SKY and USDS In its latest X post, Sky Protocol disclosed that the respective…

The crypto market traded in the green today as Bitcoin’s steady above $60.5K triggered bullishness in the altcoin space. While the top ten digital tokens by market capitalization gained up to 3% on their daily charts, magnified investor sentiment propelled Immutable (IMX) surges by 10% over the past 24 hours. Meanwhile, IMX has extended its weekly gains by 16% to trade at $1.32 during this writing. Besides broad-market recoveries, renewed optimism on layer 2 blockchain added Immutable’s recent upswings. L2 protocols use advanced technologies such as sidechains, plasma chains, and rollups to enhance transaction efficiency and speed. These projects have…

A U.S. federal appeals court halted Kalshi’s brand-new political prediction markets, heeding the Commodity Futures Trading Commission’s request for an emergency stay after the regulator lost a similar motion to a lower-level judge. Judge Jia Cobb of the District of Columbia court ruled last week that the CFTC exceeded its authority by banning Kalshi from listing U.S. political prediction markets, basically bets on which party might control the House of Representatives or win the White House in any given term. Kalshi, the plaintiff in the case, sued the CFTC, arguing the agency was behaving arbitrarily in banning these markets. The…

Fasset, fintech platform based in UAE, has launched IOWN, the Ethereum layer-2 blockchain approved by the government in Malaysia. IOWN was built for the creation, management, and distribution of Real World Asset (RWA). Fasset based in UAE and the launch of the new Ethereum layer-2 supported by the government in Malaysia Fasset of the UAE and the first layer 2 of Ethereum supported by the government The layer 2 increase Fasset based in UAE and the launch of the new Ethereum layer-2 supported by the government in Malaysia Fasset, fintech company based in UAE, has launched IOWN, the Ethereum layer-2…

US money printing has been a leading cause for breaking traditional financial markets. This trend will no longer work in manipulating encrypted money that is cryptocurrencies. Analysts believe the end of the traditional financial world is at an end. After a brutal dip that threw the crypto market sentiment back towards the extreme fear dial on the Crypto Fear and Greed Index, and lots of panic selling, the crypto market is showing steady strength as crypto prices swing back towards a speedy recovery. Crypto Market’s Speedy Recovery Yesterday the price of Bitcoin (BTC) dipped below $50,000 but is now already…

The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea. According to a Sept. 13 press release, a16z contributed $1 million to the fund, while OpenSea pledged the remaining $5 million. The alliance said that legal pressures — like the SEC’s recent Wells Notice to OpenSea — signal that blockchain-based creators will continue to face significant regulatory threats, and the fund aims to help those who need it. Creator Defense Fund The fund aims to…

Cayman Islands — Earth First Food Ventures Ltd. (EFFV) is making headlines with the launch of a $10 million Series A funding round, utilizing digital asset tokenization via the Securitize platform. This pioneering approach is set to democratize investment opportunities in the rapidly evolving sectors of Synthetic Biology and Alternative Dairy.—EFFV’s new funding round aims to accelerate the development of “Dairy Without the Cow” products through Precision Fermentation, expanding on their successful $3 million seed round. By leveraging tokenization, EFFV is making it easier for accredited investors to engage in impactful ventures that are reshaping the future of food.The process…

Former Bitfury CEO Brian Brooks believes the price fluctuations of crypto assets like XRP are as insignificant as the early volatility of Google’s stocks. Brooks shared this perspective in a discussion at The Aspen Institute, clarifying the core purpose of cryptocurrencies. According to him, the focus on short-term price movements detracts from the broader mission of cryptocurrencies. XRP Price Is As Irrelevant as Google’s Early Volatility Brooks stressed that the real value of crypto like XRP lies in its potential to replace centralized financial systems with decentralized networks that prioritize user control over bank CEO control. During the discussion, he…

Kraken has requested a U.S. court for a jury trial in its fight against the U.S. SEC. A California Judge ruled last month that the SEC’s lawsuit against Kraken will proceed to trial. Kraken suggested action had been taken against it for exercising its first amendment. Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed. A California Judge ruled last month that the SEC’s lawsuit against Kraken will proceed to trial. The verdict came after similar rulings in cases brought on by…

The Vega chain has announced that it will cease operations following a nearly unanimous on-chain vote to retire the network. As a result, the Vega chain will no longer support trading on any markets. The chain is expected to go offline after a ramp down period, during which validators are paid to keep nodes up so that users can withdraw their money. The on-chain vote to retire the Vega chain has officially passed.As a result, the Vega chain no longer supports trading on any markets. The chain is expected to cease operations after a “ramp-down” period, during which validators are…