Author: NBTC

Tonkeeper, the leading non-custodial wallet for the TON ecosystem, has announced the launch of a premium fiat onramp through a new partnership with Mercuryo Pro. This collaboration aims to provide a secure way for individuals and businesses invested in TON’s blockchain ecosystem to make high-value cryptocurrency purchases, available to users worldwide. To facilitate these transactions, Tonkeeper has integrated Mercuryo Pro, a premium service tailored for substantial cryptocurrency purchases. This partnership allows high net-worth individuals (HNWIs) to buy cryptocurrency directly through the Tonkeeper platform for transactions exceeding €50,000. The solution is designed to support TON ecosystem participants, high-value buyers, and those…

Bitcoin (BTC) is once again showing a strong rebound, successfully establishing its price above the crucial $60,000 support zone. Amid short-term bullish sentiments, a crypto analyst believes that the asset’s historical price trajectory could prepare Bitcoin to hit $300,000. In line with this, pseudonymous analyst apsk32 noted in an X post on July 1 that a unique metric based on the power law could drive Bitcoin to a new all-time high. The expert pointed out that Bitcoin’s price has adhered to a power law for over a decade. This adherence suggests a fundamental growth process in the Bitcoin network, something…

Brazil is on the cusp of a significant transformation in its financial sector with the Central Bank of Brazil’s announcement to develop an AI-powered central bank digital currency (CBDC) super app, named “Drex.” This groundbreaking initiative is set to launch by 2025, positioning Brazil at the forefront of digital currency innovation and financial technology. The Vision for Drex The Central Bank of Brazil, under the guidance of its president, aims to streamline digital financial services through Drex. This super app will integrate artificial intelligence to enhance user experience and functionality. The goal is to create a comprehensive platform that not…

The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover and reopen its platform, providing updates and taking legal actions, while assuring users about the security of INR funds. Coindcx CEO Criticizes Wazirx’s Cyberattack Response Sumit Gupta, CEO of the Indian crypto exchange Coindcx, voiced his concerns on social media platform X on Monday regarding the current approach taken by crypto exchange Wazirx, which recently suffered a significant cyberattack…

The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s mining difficulty saw its largest increase of the year and the most substantial since October 2022. The difficulty rose by 10.5%, climbing from 82.05 trillion to 90.67 trillion. This shift signifies a 10% increase in the effort required to find a block compared to the…

With the crypto market currently boasting nearly 15,000 tokens, there has never been a more pressing need for blockchain solutions that can help bridge different assets across different chains. According to recent market research, the global blockchain interoperability market is expected to grow to a cumulative valuation of $3 billion by 2034, thus underscoring the increasing importance of seamless asset transfer and interoperability within this burgeoning arena. In this regard, a number of innovative solutions have been working to address this challenge, including RenVM (Ren Protocol), a decentralized protocol enabling the transfer of cryptocurrencies between different blockchains. RenVM’s key features…

Several market analysts expect Bitcoin to rebound strongly in July after declining by around 7% in June. Last month, BTC faced heavy selling pressure from capitulating Bitcoin miners, who offloaded around $2 billion worth of their holdings due to falling revenue. The consistent selling activities of governments, including those of the United States and Germany, created additional selling pressure. However, some market observers believe BTC will recover from the June lows and record a strong July performance. Bullish July QCP, a Singapore-based crypto trading firm, said available indicators predict that BTC would have a “bullish July.” According to the firm,…

Dr. Peter Stonge, a well-renowned professor on X who educates the masses on economics and freedom, recently made a video on the acceptance of blockchain technology and CBDCs in Thailand, along with the corruption in the Thai government whose traces can be observed in other countries as well. We looked at the post to study real-time cases and build parallels with what Dr. Stonge had to say. Thailand bribes voters into a CBDC. Free cash — but only if you sign on for government surveillance. Here in the US, they’ll use “Universal Basic Income” to turn falling incomes into a…

OKX announced that the listing of the altcoin Layer3 (L3), which it had previously announced that it would list on July 30, was suspended. The exchange stated that the new listing time will be notified at a later date. OKX Suspends Layer3 (L3) Listing What is Layer3 (L3)? Layer3(L3) is a platform dedicated to creating interactive and educational experiences in the crypto space. It acts as a portal into the crypto universe, guiding users through various actions and rewarding them for their participation. Quests, the main feature of the platform, allow users to take many steps or actions, both on-chain…

Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US Securities and Exchange Commission (SEC). The SC 13D/A filing revealed that Riot now holds 71.56 million of Bitfarms’ total outstanding shares—valued at $159.1 million—equivalent to a 15.9% stake in the Canadian miner. This acquisition came shortly after the Ontario Capital Markets Tribunal nullified Bitfarms’ initial shareholder rights plan, which would have diluted outstanding shares if any single entity had acquired more than 15% of the company’s stake. Prior to this…