Author: NBTC

As the Consensys 2024 conference commences this week in Austin, Texas, the LINK community is abuzz with anticipation over a potential pivotal announcement from Chainlink in collaboration with SWIFT. Speculations are rife that this announcement, set for May 30 during a session on tokenization, could significantly influence LINK’s market performance. Chainlink And Swift Partnership Going To The Next Level? The session titled “How Swift and Chainlink Are Working Together to Unlock Tokenized Assets At Scale” will take place on the Mainstage at the Austin Convention Center. It features Jonathan Ehrenfeld, Head of Securities and Digital Assets Strategy at SWIFT, and…

Ripple’s XRP token has surged over 6% after the Securities and Exchange Commission rescheduled a closed-door meeting, reigniting hopes for a potential settlement in the long-running legal battle between the two entities. The meeting, now slated for July 25, has fueled speculation that a resolution may be imminent. The SEC initially scheduled a closed-door meeting for July 18, fueling optimism among the XRP community for a potential resolution to the ongoing lawsuit against Ripple. However, those hopes were dashed when the agency abruptly canceled the meeting a day before, sending XRP’s price tumbling to a low of $0.5448 on July…

Zeta Markets will pause the trading of RNDR on Monday, July 22 at 9 am UTC due to Render’s upcoming upgrade. On Friday, Zeta Markets notified its users via X that due Render’s (RNDR) token migration to RENDER, the platform will suspend trading of the current ERC-20 token. Render expects to transition from the current ticker symbol to RENDER on July 26. Exchanges to support RNDR to RENDER migration Zeta Markets’ announcement comes as most of the top cryptocurrency exchanges announce support for the upgrade. Binance, OKX, Crypto.com, Kraken, and KuCoin are among those to reveal plans to automatically upgrade…

Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol on the blockchain, detected unusual activity and suspended operations to investigate. Blockchain security firm Cyvers Alert reported a hack of approximately $7.6 million on Rho Markets’ USDC and USDT pools. The firm stated: “The root cause of this incident seems to be an oracle access control by a malicious actor!” According to DeBank’s dashboard, the exploiter’s wallet holds 2,203 ETH worth $7.5 million and other assets like Mantle’s MNT, Binance’s BNB, and Fantom’s FTM…

It is claimed that Dell Technologies CEO and founder Michael Dell, who was previously rumored to be able to buy Bitcoin, can buy a large amount of BTC. According to the news agency BitcoinLFG, there are rumors that Michael Dell, the billionaire founder of Dell, the world’s third largest computer manufacturer, will purchase a large amount of Bitcoin. These rumors are based on a survey conducted by the famous billionaire on his X account. Accordingly, Dell asked people what the “most important thing” was. While Bitcoin was among these options, the BTC option surpassed the other options and received 43.1%…

One trader made an amazing trade and earned $2.7 million in three days work trading a memecoin called $MAGA. This incredible altcoin profit equates to a return on investment (ROI) of 505%, according to Lookonchain data. In just 3 days, this trader made $2.7M by trading $MAGA, with an ROI of 505%!He spent $537.5K to buy 6B $MAGA on May 24 and May 25, then sold 1.5B $MAGA for 744K $USDT to take profits 10 minutes ago.He currently holds 4.5B $MAGA, worth $2.51M.https://t.co/KaRYLuELKN pic.twitter.com/Pgd5hKVpc5 — Lookonchain (@lookonchain) May 27, 2024 $MAGA Altcoin Trader Sells $744K, Retains 4.5B Tokens Worth $2.51M…

With key members of his own party reviving a push to keep President Joe Biden out of the 2024 election, attention has now shifted to the handful of prominent Democrats who might take his place atop the ticket. As the prospect of that major shift looms, many in crypto are asking: How might these replacements govern when it comes to crypto? Multiple prominent crypto policy makers recently told Decrypt that any Biden replacement would mark a welcome change, as the crypto regulatory landscape could hardly get any more hostile than it’s been under the Biden Administration. That said, there are…

According to breaking information, Binance has received court approval to invest customer fiat funds in US Treasury Bills. In a significant development, Binance, the world’s largest cryptocurrency exchange, has received court approval to invest customer funds in US Treasury Securities. SEC v. The order, approved by the Judge overseeing the Binance case, stipulates that investments can only be made in “certain” funds, specifically those currently stored on BitGo. This news comes on the heels of the Securities and Exchange Commission (SEC) ending its investigation into Paxos Trust regarding Binance USD (BUSD), a digital asset issued and listed by Paxos. The…

AltLayer, a decentralized protocol assisting blockchain developers to release and improve rollups, has announced an exclusive partnership. As per the platform, it is joining forces with LogX, a leading decentralized perpetual exchange that deploys AI-driven strategies, to offer it exclusive Rollup-as-a-Service solutions. The firm recently disclosed this collaboration on its official X account. AltLayer 🤝 @LogX_tradeAltLayer is thrilled to power the LogX Network with our RaaS solutions, making it the first Modular Derivatives Trading Layer built for Infinite Scalability ⚡️LogX is built on the @arbitrum Orbit stack, with DA support from @eigen_da 🔥 pic.twitter.com/NXhW6SFZLg — AltLayer (@alt_layer) July 19, 2024…

The leading cryptocurrency, Bitcoin, fell below $54,000 on Friday due to the selling pressure it experienced following the transfers made within the scope of the German government and Mt.Gox refunds. While BTC fell to levels last seen in February, it recovered today and rose above $57,000. Analysts say this recovery is due to investors’ Mt. Gox’s $8 billion BTC refund shows that the US and German governments are starting to overcome the pressure from BTC sales, he said. Additionally, analysts said that net inflows in spot Bitcoin ETFs also supported the recovery. Biggest Net Inflow in Spot Bitcoin ETFs in…