Author: NBTC

Renowned X crypto influencer Jack The Rippler thinks the planned Ripple stablecoin (RLUSD) will rule the stablecoin scene. Recently, Jack The Rippler noted in a post that XRP will act as a bridge between stablecoins and other digital currencies, with the US dollar serving as a 1:1 peg for the “high-quality U.S. stablecoin.” In a CNBC interview, Jack The Rippler revealed a brief statement about the forthcoming stablecoin RLUSD from Brad Garlinghouse, CEO of Ripple. Garlinghouse clarified that Ripple’s entry into the stablecoin space is due to the direction of the crypto market. Compared with their present value of between…

The American division of the Binance cryptocurrency exchange, Binance.US, is preparing for a new fight with American regulators. Table of Contents U.S. court allows SEC to continue case against Binance What the experts say Binance’s legal proceedings with American regulators How the lawsuit against Binance affected the crypto market Binance.US released a statement declaring its readiness to continue to fight the U.S. Securities and Exchange Commission (SEC). The platform team recalled that the court ruled that the regulator’s case against Binance.US will be continued. “We were prepared for this and look forward to having this case move forward in the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. What’s a ‘gamer’? A G-Fuelled teen grinding battle royale victories? A cozy gamer enjoying an indie gem? A commuter playing Candy Crush Saga? The fact is, there’s no single definition. Most people play video games in some way, and they fall into a huge number of categories. Things have changed a whole lot since the original taxonomy of player types was created by Richard Bartle in 1996. You might also like: Gone to hell: Web3 governance can…

Data published by crypto analytics firm Kaiko last week demonstrated some surprises when it came to the rankings of centralized crypto exchanges, as determined by their respective global market shares. Arguably the most recognizable exchange names are Binance and Coinbase, but right now it’s Bybit that is catching attention, as the numbers showed it leapfrogging Coinbase to take the number two spot behind market leader Binance, while also significantly outperforming Binance in terms of market share changes. In detail, Bybit–which is headquartered in Singapore and was founded in 2018–has, from October last year to this June, seen its market share…

In a recent 13F filing with the Securities and Exchange Commission (SEC), UBS Group AG, the Switzerland-based global investment bank and financial services firm, disclosed a substantial holding in the iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) managed by BlackRock Inc. The filing, which covers the first quarter of 2024, reveals that UBS Group AG, through its various subsidiaries and institutional investment managers, holds 3,600 shares in IBIT. This investment highlights the growing interest of traditional financial institutions in the crypto space, particularly in Bitcoin. Data from Fintel shows that the holding is valued at $145,692 as of March…

In a few weeks, the Summer Olympics 2024 will begin in Paris and to celebrate the event, the digital pins NFTs of the mascot have been launched on Base. The news was given directly by nWay, the division of Animoca Brands that deals with Web3. 🎉 They’re here, and ready to cheer on the athletes! Own a piece of the Olympic Games with our Paris 2024 Mascot NFT digital pins.Head over to our blog for more details ➡️ https://t.co/2jd5RL5IGA#Paris2024 #Olympics #Paris2024Mascot pic.twitter.com/sTV7aajSVY — nWay (@nWayGames) July 9, 2024 The launch takes place through My Olympic™ Rewards and the Onchain Summer…

RWA-focused Layer 1 Blockchain MANTRA announced the strategic partnership with Ondo Finance. With the report going live, the platform saw a 30% increase in the amount of OM staked, which signalizes serious adoption growth among investors. Strong Staking Growth Staking activity has significantly increased as a result of investor enthusiasm for OM. More than 200 million OM tokens worth around $180 million at current market price of $0.90, are currently in staking. This number indicates a 30% rise in staked OM following the announcement of the Ondo partnership. The increase in staking shows that investors are confident in MANTRAs long-term…

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published the second Final Report under the Markets in Crypto-Assets Regulation (MiCA). This report covers eight draft technical standards aimed at providing more transparency for retail investors and clarity for providers on the technical aspects of disclosure and record-keeping requirements. Additionally, the standards include data protocols to facilitate supervision by National Competent Authorities (NCAs). The final report includes the following draft technical standards: sustainability indicators for crypto-asset consensus mechanisms, business continuity measures for crypto-asset service providers (CASPs), trade transparency, content and format of orderbooks and…

Oasys, a blockchain designed specifically for gaming, has forged a new partnership with Edia Corporation, the owner of 139 retro game IPs, as per the latest info shared with Finbold on July 10. The partnership aims to introduce more gamers to Web3 by distributing classic titles globally through blockchain technology. Toward a nostalgic yet innovative gameplay experience The collaboration will leverage Edia’s extensive retro game catalog to create new blockchain-based games using Oasys’ infrastructure. All retro games in Edia’s portfolio will be reimagined for the Web3 environment, promising a nostalgic yet innovative gaming experience. Edia will manage public relations and…

Singapore Exchange (SGX) has announced it does not plan to allow cryptocurrency listings soon. SGX CEO Loh Boon Chye shared this stance on July 9, highlighting the need for better conditions before considering cryptocurrency listings. Notably, SGX currently supports the iEdge Bitcoin Index and the iEdge Ethereum Index, which launched in 2020 in collaboration with CryptoCompare. Despite these funds tracking the prices of Bitcoin (BTC) and Ethereum (ETH), SGX does not allow crypto listings. Moreover, Singapore has recently become one of the most attractive venues for crypto ventures. In addition to Hong Kong, Singapore attracted 11% of the total VC…