Author: NBTC

Alex Chehade, the General Manager of Binance FZE in Dubai, will depart from the crypto asset exchange at the end of July, Zawya reported, citing sources familiar with the matter. Chehade, who played a pivotal role in securing the Dubai Virtual Assets Regulatory Authority (VARA) license, has been with Binance for two years. Chehade joined Binance FZE in June 2022, and under his leadership, Binance FZE secured the VARA license in April, positioning the company among 18 other organizations approved as Virtual Assets Service Providers (VASP) by the Dubai regulatory authority. Sources told the media publication that Chehade was seen…

Bitdeer has secured a 30-year lease for land at the Monroe County Port Authority-owned Hannibal Industrial Park in Ohio. Bitcoin mining company Bitdeer, founded by Chinese billionaire Jihan Wu in 2020, has entered into a 30-year lease agreement with the Monroe County Port Authority to secure up to 570 MW of additional power capacity at the Hannibal Industrial Park in Clarington, Ohio. Financial terms weren’t disclosed, but Bitdeer noted that the site previously served as an “aluminum processing facility.” Bitdeer will benefit from existing “power infrastructure, utility switchyards and transmission capable of supporting hyperscale loads.” The site is expected to…

In this exclusive interview with Xai, we delve into their recent achievements and strategic initiatives that are reshaping the blockchain gaming landscape. —Xai has recently surpassed one million wallet addresses, a milestone attributed to their streamlined user experience and compelling gameplay offerings like the Vanguard campaign. Notably, Xai has also achieved a significant milestone of 101.72 transactions per second (TPS), marking a leap forward in scalability and technical prowess within the blockchain ecosystem.Join us as we uncover Xai’s strategies for sustained growth, their integration of top-tier blockchain partners, and their vision for the future of decentralized gaming and blockchain technology.—Congratulations…

Bitcoin (BTC) has recently completed its fourth Halving in history. We are now entering a new era for Bitcoin, and everyone’s attention is on what its price reaction will be in the near future. Given the regularity with which in the past the completion of a Halving has marked the beginning of important bullish movements of Bitcoin, even this year’s has fueled the expectations of investors and industry operators. However, unlike the past, the one that recently occurred stood out from previous events for a series of unique factors, the consequences of which will all need to be evaluated in…

India’s digital currency, known as the e-rupee, is experiencing a sharp decline in activity after local banks ceased artificially inflating its metrics. India‘s central bank digital currency (CBDC) appears to be losing momentum, dropping sharply to a fraction of its peak observed in December 2023. According to Reuters, which cites sources familiar with the matter, the Reserve Bank of India (RBI) succeeded in achieving a milestone of 1 million retail transactions last December only after metrics were artificially infiltrated by local banks which offered “incentives […] to retail users and the disbursement of a portion of bank employees’ salaries using…

Key Points: Wormhole launched Stake for Governance for W token holders. Staking W tokens allows delegates to influence key governance decisions. Wormhole has introduced Wormhole Governance Staking, enabling W token holders to transfer tokens from Solana to EVM chains for governance participation. Wormhole, the interoperability platform, has announced the launch of Stake for Governance. This will allow holders of the W token to transfer their holdings from Solana to the Ethereum Virtual Machine (EVM) chain and take part in the governance of Wormhole. The daily transfer limit for W tokens is 100 million. The Role of Delegates in Wormhole Governance…

Fuse has announced an exciting new partnership with NexusPay, a leading stablecoin account solution. This collaboration aims to make crypto payments smoother. This partnership will reduce both friction and gas fees. It will also provide a seamless experience for saving, converting, sending, and receiving funds, particularly for unbanked users in Africa. Fuse and NexusPay to Improve Digital Asset Accessibility Fuse is a blockchain platform tailored for small to medium businesses and communities. Furthermore, it focuses on high performance and low transaction costs. By integrating DeFi features, Fuse makes smart payment technology accessible and easy to use. Fuse is designed for…

The Bitcoin (BTC) price has been roaming below the crucial $67,000 after it briefly touched an intraday high of around $67,600. BTC declined by 0.7% in the past 24 hours and is trading at $66,500 at the time of writing. The asset’s market cap is standing on the cliff side of the $1.3 trillion mark. Bitcoin’s daily trading volume, however, has increased by 40%, reaching $22.2 billion. BTC price, whale activity, RSI and MVRV ratio – May 20 | Source: Santiment Moreover, the BTC price plunge comes amid declining whale activity. According to data provided by Santiment, the number of…

Uniswap surpasses 4 million swappers on Layer 2 solutions, doubling the previous all-time high. Uniswap introduces V4 with significant upgrades, including a $10 million UNI token airdrop. Uniswap Labs recently announced a stunning achievement: over 4 million swappers used Layer 2 (L2) products in the last month alone, according to Dune Analytics. This astounding figure represents a major turning point in the decentralized finance (DeFi) scene, as it almost doubles the prior all-time record. Over 4M swappers on L2s this month alone That’s almost double the previous all-time high 👀 pic.twitter.com/9HrSJDichu — Uniswap Labs 🦄 (@Uniswap) June 27, 2024 Introduction…

Mikol, a developer of a Solana memecoin, accidentally set himself on fire while trying to promote his cryptocurrency to a live-streamed audience. During a marketing stunt for the Solana (SOL) memecoin “Trust or Dare”, Mikol inadvertently set himself on fire while others shot fireworks in his direction. As the situation escalated, Mikol was set ablaze and had to be rushed to a hospital in Miami. Community members later confirmed that Mikol suffered third-degree burns to nearly three-quarters of his body. However, the Solana developer said he was undeterred by the accident and focused on building the daring project. yall thought…