Author: NBTC

The Hashgraph Association (THA), a Swiss-based organization working for digital enablement and within the Hedera network today, has partnered with Qatar-regulated Blade Labs, a financial technology company focused on applying distributed ledger-based technology (DLT) to traditional financial products and services. Also Read: Qatar Launches Its CBDC Project Using DLT and AI Technology Blade Labs will use its DLT technology to reduce the cost of providing financial services to the masses in the MENA region. The company is currently focused on providing non-custodial fintech APIs that distribute tokenized funds across multiple jurisdictions in a compliant and user-friendly manner. Blade Labs tokenizes…

In recent developments, China has shown a significant increase in gold trading activities, sparking discussions about the potential implications for the cryptocurrency markets, particularly Bitcoin. The surge in gold purchases by China, noted by Bitcoin advocate and founder of Bitgrow Lab, Vivek, has raised questions about the country’s strategy amidst global economic uncertainties. Vivek highlighted this trend on X (formerly Twitter), where he shared a graph showing a leap in China’s gold trading from under $1 million to over $2 million. Accompanying the graph, Vivek speculated, “China is buying gold like never before. Preparing for USD collapse? #Bitcoin.” This observation…

TON Foundation just announced that they are collaborating with Tether to ensure USDt on the TON blockchain is accessible to everyone. The initiative is aimed at USDt penetrating geographical boundaries and will be facilitated by over 100 local partner integrations. Also Read: Hamster Kombat to Launch Token on TON Blockchain in July The Telegram-backed blockchain project, TON, has taken the crypto space by storm, establishing partnerships with crypto companies like Tether to ensure the growth and development of its ecosystem. In today’s announcement, TON Foundation unveiled its plans to penetrate several markets, easing global accessibility to USDt. Both crypto firms…

A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. ‘Banana’ became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steam’s marketplace. However, the clicking phenomenon has sparked a debate among crypto community members about the state of crypto and web3 gaming. Peeling Steam’s Clicker Game Sensation Banana is an indie game on Steam that consists of clicking the image of a banana to obtain rewards. Although not the first of its kind, its players are rewarded with digital bananas every…

Binance, the world’s largest crypto exchange by trading volume, has disabled copy trading services for its European users as the implementation of the Market in Crypto Assets (MiCA) regulation approaches. This regulatory change, scheduled to become effective at the end of June, signifies a substantial alteration in the European Union (EU) crypto environment. Binance Notifies EU Users of Immediate Copy Trading Restrictions As of today, European Binance users found a message on their mobile app informing them that the copy trading service is no longer available in their region. Before this, Binance had warned “Impacted Lead Traders and Copy Traders”…

Wormhole, a leading interoperability platform, is expanding its multichain ecosystem by integrating with Karak Network’s K2 blockchain, an L2 built on the OP Stack. This integration allows Karak to access liquidity and users from over 30 leading blockchain ecosystems. It will enhance its vision of universal security. Karak is thrilled to incorporate Wormhole as its first Distributed Secure Service (DSS). Wormhole 🤝 KarakWormhole is expanding its multichain ecosystem with @Karak_Network’s K2 blockchain, an L2 built on the OP Stack. This integration provides Karak access to liquidity and users across over 30 of the leading blockchain ecosystems. pic.twitter.com/9L4HTn23NC — Wormhole (@wormhole)…

Bitcoin price extended its increase above the $67,500 resistance. BTC tested the $68,000 resistance and is currently correcting gains. Bitcoin started a downside correction after it climbed toward the $68,000 resistance zone. The price is trading below $67,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $65,900. Bitcoin Price Starts Downside Correction Bitcoin price remained stable above the $66,500 level. BTC extended its…

IntoTheBlock analysis shows Tron leading Layer 1 blockchains with over 2 million daily active addresses. This metric underscores the vibrancy of Tron’s community, marking a significant milestone for the blockchain platform since its launch in June 2018. Positioned as an innovative smart contract platform for dApps, Tron competes with major players like Ethereum, Tezos, Cardano, and EOS. While utilizing a delegated proof-of-stake (DPoS) system for security, Tron prioritizes speed and efficiency, potentially at the cost of some decentralization. Its native protocol token, TRX, serves as the backbone of the ecosystem, facilitating payments, miner rewards, and governance. Moreover, TRON’s strategic collaborations…

Crypto.com, has announced the addition of PayPal USD ($PYUSD) to its feature-rich payment platform. The integration is a significant coming together of traditional finance and the emerging digital currency space, removing further barriers for consumers in utilising their crypto assets as part of everyday transactions on a global scale. The announcement came directly from Crypto.com, which detailed the multiple functionalities now available to its users. This latest update illustrates the platform’s dedication to improving its user experience, while expanding services. Users can now send $PYUSD to friends, buy gift cards, and shop within the app. Additionally, the integration extends to…

The most recent episode of the Bankless podcast discussed the potential advantages of authoritarian regimes in the 21st century. The argument stems from the idea that the Chinese and Russian governments allocate significant resources to promote their narratives while the US government takes a more hands-off approach. In the episode, hosts Ryan Sean Adams and David Hoffman delve into whether authoritarianism could outcompete liberal democracies, featuring insights from economist Noah Smith and Ethereum co-founder Vitalik Buterin. Efficiency of Authoritarian regimes as a threat to liberalism Smith argues that liberal democracy was hailed as the optimal societal model at the end…