Author: NBTC

AgriDex has settled its first agricultural trade on the Solana blockchain. It facilitated the shipment of two hundred bottles of extra virgin olive oil and multiple cases of wine from a farm and vineyards in South Africa to London. AgriDex, a Solana-based marketplace aiming to bring the global agricultural market on-chain by tokenizing various crops has settled its first agricultural trade on the Solana blockchain, it told CoinDesk on Wednesday. The settlement, which involves the shipment of over two hundred bottles of extra virgin olive oil and multiple cases of wine from a farm and vineyards in South Africa to…

A dormant Ethereum address containing 977 ETH tokens was activated for the first time in nine years, according to Whale Alert. The activation comes on the cusp of the much-anticipated launch of multiple spot Ethereum exchange-traded funds (ETFs) in the United States. According to prominent ETF analyst James Seyffart, these products are expected to go live on July 23. “We expect them to begin trading tomorrow. That means we should see a bunch of filings on the SEC site today that say the ETFs’ prospectuses have gone “effective”. Likely after or around market close,” Seyffart said in a social media…

Caldera, a popular platform specializing in developing customizable, application-specific, and high-performance L2 blockchains, has announced a funding round. Caldera disclosed that the Series A funding round of $15M worth, under the lead of Founders Fund, focuses on the development of the Metalayer. The company took to its official social media account on X to provide the details of the respective endeavor. We’re excited to announce our $15M Series A led by @foundersfund to build the Metalayer, the end game for Ethereum rollups 🌋This round brings our total funding to $25M and will help us advance our goal of making Ethereum…

The world of decentralized finance is continually evolving, and the recent integration of USDY into the Cosmos ecosystem marks a significant advancement. This strategic move by Ondo to make USDY available on Noble, a critical routing hub within the Cosmos network, signifies a major leap towards widespread adoption and enhanced utility of stablecoin yields. 📢 Attention @cosmos builders: $USDY, our market-leading yieldcoin, is now live on @noble_xyz mainnet, making it accessible to the 90+ chains in the @cosmos ecosystem.🤝 This launch introduces the first tokenized treasuries product to the Cosmos ecosystem. A number of high… pic.twitter.com/LwNGqVxAkh — Ondo Finance (@OndoFinance)…

Brad Garlinghouse advises Kamala Harris to avoid anti-crypto politicians for 2024 success. Harris declined to speak at the Bitcoin Conference, sparking debates on her crypto stance. Crypto policies may influence voter preferences in the 2024 presidential elections. Ripple Labs CEO Brad Garlinghouse recently addressed U.S. Vice President Kamala Harris regarding the attitude of certain lawmakers towards cryptocurrencies. In a statement triggered by a comment from U.S. Representative Brad Sherman, who mockingly referred to Bitcoin as “Skibidi,” Garlinghouse suggested that Harris distance herself from anti-crypto figures. This advice comes from President Joe Biden’s endorsement of Harris for the Democratic nomination in…

Galxe has launched Gravity, a Layer 1 omnichain now powered by Pyth’s real-time price feeds, enhancing performance and user experience. Gravity integrates advanced technologies and offers high-performance execution, making it ideal for complex Web3 operations and DeFi applications. Galxe has unveiled Gravity, a Layer 1 omnichain designed to revolutionize the blockchain landscape. This new platform, now integrated with Pyth for real-time price feeds, aims to enhance performance and user experience in Web3. With the integration of Pyth Network, Gravity has access to over 550 real-time price feeds in the blockchain. These feeds include not only the cryptos but also the…

The U.S. has a long history of selling Bitcoin — with incredibly bad timing. It might have ended up losing out on billions of dollars as a result. It’s weird to think that — until very recently anyway — the U.S. government owned more Bitcoin than MicroStrategy. According to Arkham Intelligence, a slew of confiscations after criminal crackdowns means Uncle Sam is now sitting on an impressive stockpile of 213,543 BTC… that’s more than 1% of the total supply. MicroStrategy, which began aggressively adding the world’s biggest cryptocurrency to its balance sheet all the way back in August 2020, only…

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 and. Here’s what you’ll find in today’s edition: It’s very likely that today is the last trading day without a US spot ether ETF available. Let’s talk about how we got here. Biden is out, Harris may be in. We break down market reactions after an eventful Sunday. It’s the last week ahead of the FOMC meeting. Read about…

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border payments. The Viability of the E-cedi in Cross-Border Transactions Giesecke+Devrient (G+D), the Ghanaian central bank’s technology partner, has said that the recently completed proof of concept (POC) demonstrated that a long chain of intermediaries and associated costs in cross-border payments are not necessary. G+D further…

Tezos (XTZ), a prominent smart-contract blockchain, has seen a significant drop in its price from its yearly high of $1.56 achieved in March 2024. This decline persists despite several groundbreaking developments and partnerships that highlight the blockchain’s ongoing innovation and potential for real-world application, thus begging the question: why has Tezos struggled to maintain its value amidst such advancements? Recent Tezos partnerships Two weeks ago, the Tezos Foundation unveiled a Mastercard-compatible payment card in partnership with Baanx, aiming to revolutionize cryptocurrency payments. This new non-custodial crypto card operates on Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups…