Author: NBTC

Over half of Japanese institutional investors plan to invest in digital assets within the next three years, according to a new survey by Nomura Holdings and its digital asset subsidiary Laser Digital. The study, which polled more than 500 investment managers from institutions, family offices, and public-service corporations in Japan, reveals a growing appetite for crypto assets among traditional financial players. Of those surveyed, 54% indicated they intend to invest in crypto assets over the next three years. Additionally, 25% of respondents reported a “positive” impression of crypto assets, while 62% view them as a diversification opportunity. The survey found…

Polyhedra Network has announced the launch of its new Staking Program. The Polyhedra Staking Program will officially begin on June 10, 2024. This new feature is a revolutionary concept which lets the users stake their Polyhedra Network tokens and make them work for Staking Power. Rewards will be calculated and distributed every Thursday at 00:00:00 UTC over a four-week period. We’re thrilled to announce the launch of the Polyhedra Network Staking Program on June 10th, 2024! 🎉Check out the program details: https://t.co/N8FfUCwqTIJoin our community AMA about staking on Discord at 14:00 UTC, June 8th. Ask any questions regarding staking and…

Indian crypto exchange CoinDCX has announced its integration with Okto Chain, an orchestration layer designed to simplify web3 for users and developers. Orchestration layers are designed to provide a simplified user interface for users and developers when interacting with web3 environments. Similarly, Okto Chain offers a suite of easy-to-use software development kits (SDKs), allowing developers to integrate Web3 functionalities into their applications. Meanwhile, users benefit from a smoother user experience similar to web2 applications. With the recent integration, CoinDCX users will able to access 50,000 tokens within the exchange’s mobile application’s web3 mode. This includes major ecosystems like Polygon, Binance…

Financial technology consultancy Broadridge says it handles $50 billion a day of repurchase agreements involving big banks on its permission-only DLR platform. Europe-focused securities finance private blockchain firm HQLAx says its platform can save banks as much as 100 million euros ($107 million) a year. The multitrillion-dollar repo market is the lifeblood of funding in capital markets. Tokenization enthusiasts in both crypto and traditional finance might be surprised to hear that well over $1.5 trillion worth of repurchase agreements and other forms of securities financing are executed monthly using private blockchains. While this is a sliver of a highly fragmented,…

Former director of Ripple Sean McBride has published a post on the X social media network to suggest a move that Ripple Labs should make using the large funds it has in its possession. Ripple should “invest, build, repeat” McBride believes that it is now important for Ripple to “acquire another company” and spend on it some of the money it is sitting on. “Reinvest, build, repeat,” he tweeted an encouragement, addressing his former blockchain giant employer. Ripple needs to acquire another company. Spend some of that money instead of sitting on it for no apparent reason. Reinvest, build, repeat.…

Ronin, the blockchain for gamers, has announced that its zkEVM Testnet is now live. The official unveiling of the zkEVM testnet comes a few days after Ronin introduced its zkEVM. The team called it the first step towards bringing Layer-2 blockchains to the mainnet. When it launches, Ronin zkEVM will see builders leverage the Polygon Chain Development Kit (CDK) to create zero-knowledge (ZK) powered layer 2 chains on Ronin. Builders will also leverage the technology to permissionlessly deploy games, the Ronin team noted. “Earlier this month, the journey towards Layer 2s on Ronin began. Polygon’s Chain Development Kit (CDK) became…

Main Takeaways: Binance Labs has invested in Infrared, a protocol focused on giving users access to Berachain’s Proof of Liquidity (PoL) mechanism in one click. Infrared aims to maximize value capture by providing user-friendly liquid staking solutions for BGT and BERA, node infrastructure, and PoL vaults. Binance Labs, the venture capital and incubation arm of Binance, has invested in Infrared, a protocol focused on giving users access to Berachain’s Proof of Liquidity (PoL) mechanism in one click. Infrared’s mission is to maximize value capture within the Berachain network by offering user-friendly liquid staking solutions for the Berachain Governance Token (BGT)…

The Arbitrum Foundation, the organization that supports Ethereum rollup-based Layer 2 network Arbitrum, has received approval to distribute hundreds of millions of dollars to support gaming projects on the network over the next three years. The proposal, first announced in March, was officially adopted on Friday with over 75% support votes. The proposal will allocate 225 million ARB tokens, worth approximately $215 million at current prices, over three years to a newly created Game Catalyst Program (GCP). GCP is designed to “…immediately expand awareness and adoption of Arbitrum/Orbit/Stylus by developers and players in the gaming community,” according to the proposal.…

In the Netherlands, we have a saying: “Meten is weten,” which, literally translated, means “measuring is knowing.” We prefer to look at situations directly, because only then do we know what we’re up against — and what needs to be changed. And it does not take much measuring of Crypto Twitter to know that we are deep in the L2 hype cycle. The sense is that L2 blockchains are more user friendly, safer and better for scalability, and we (as a collective) should focus on their development. Forgive the directness — but that’s a mistake if we want Web3 adoption…

On this day in 2010, Laszlo Hanyecz, a software developer from Florida, made history by buying two pizzas for 10,000 Bitcoins. This was the very first commercial transaction conducted with the help of the original cryptocurrency. The request to buy pizzas with the help of Bitcoin was posted by Laszlo five days prior to the actual transactions on the legendary BitcoinTalk forum. With Bitcoin currently trading close to $70,000, these two Papa John’s pizzas would have been worth more than $700 million now. Fourteen years ago, these pizzas were worth only $41. The value of the Bitcoins spent to purchase…