Author: NBTC
IOTA is pushing new frontlines in the EU with new partnerships. To bolster its push toward mass adoption, the IOTA rebased innovation is set to soar soon. IOTA, a leading open-source distributed ledger technology, continues to form key strategic partnerships with the European Union (EU). IOTA’s collaboration in the EU is part of its broader mission to drive real utility and secure mass global adoption. IOTA’s New Partnership in the EU Popular Angel investor with the username @Walknonthemoon on social media platform X highlighted IOTA’s EU collaborations. According to Walknonthemoon, IOTA, through the strategic partnership will support EU and UK-backed…
Thai police have raided the offices of five unlicensed cryptocurrency firms, arresting 11 employees as part of a wider crackdown on illicit crypto-related activities within Thailand. Officers from the Economic Crime Suppression Division (ECD) had received warrants to search the premises of five companies operating in the provinces of Nakhon Pathom, Samut Sakhon and Bangkok. ECD commander Thatphum Jaruprat said that the 11 arrested individuals included a mix of executives and less senior employees, with police also seizing six computers and other evidence. An investigation by the ECD had determined that the arrested individuals had been illegally operating e-money firms…
Crypto: The Game—the Survivor and Squid Game-style virtual competition that went viral on Crypto Twitter early last year—is returning for its third season with a few twists in tow. As with seasons past, Crypto: The Game – Resurrection Island will assign players to one of 10 tribes, where they’ll participate in a series of daily elimination challenges. In previous seasons, these challenges have included online games and other tasks, with some real-world elements woven in. Participants are voted out at each stage of the competition until one player is left standing. However, Season 3 will feature some fresh gameplay mechanics,…
What is a DePIN? Decentralized Physical Infrastructure Networks (DePINs) connect the physical and digital worlds by using blockchain technology. They reward participants with tokens for offering services that are publicly recorded on the blockchain. Picture a DePIN as a collaborative system, similar to a public library. In this scenario, blockchain acts as a detailed catalog, keeping track of every book’s location and lending history. It’s open for anyone to use. Just as libraries rely on the participation of readers, DePIN projects thrive on the collective contributions of their users. DePINs enable networks of physical resources—such as WiFi or data storage—allowing…
Matrixport sees growing risk of deeper decline as Bitcoin slips below key pattern amid low trading activity. Bitcoin (BTC) broke out of an ascending broadening wedge, a typically bearish pattern, with a 6.78% drop that pushed its price down to $87,630 as of press time. #Matrixport Today 📈 – Feb 25 2025⬇️#Bitcoin Breaks Key Pattern: Caution Warranted Amid Low Trading Activity‼️#Crypto #BTC #CryptoFinance #CryptoMarket pic.twitter.com/rnIlXpWUir — Matrixport Official (@Matrixport_EN) February 25, 2025 In an X post on Feb. 25, Matrixport analysts warn the slippage could lead to further declines, especially with low trading activity limiting demand for dip-buying. “The likelihood…
Crypto asset manager and ETF provider Bitwise has made its first allocation into decentralized finance (DeFi) through a partnership with on-chain credit specialist Maple Finance, the companies said on Thursday. Bitwise’s allocation, the size of which was not disclosed, is leveraging a Maple bitcoin-backed lending product, and represents a significant milestone in the adoption of on-chain credit by institutional allocators, said Maple CEO Sid Powell. Maple’s BTC backed lending product is available to accredited investors in the U.S. As digital versions of real world assets become a normal component of traditional finance, firms are looking beyond things like tokenized Treasury…
Institutional investors are betting on a crypto boom under President Donald Trump, with 92% expecting favorable regulations and key appointments to accelerate industry growth, a survey found. Institutional Investors Eye Regulatory Wins as Trump’s Crypto Agenda Takes Shape Institutional investors and wealth managers anticipate a more favorable regulatory environment and increased growth for digital assets under President Donald Trump’s administration, according to research by Nickel Digital Asset Management. The London-based digital asset hedge fund manager surveyed industry professionals across the U.S., UK, Germany, Switzerland, Singapore, Brazil, and the UAE, managing around $1.1 trillion in assets. Nickel Digital shared the findings…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. As Solana awaits promised upgrades to its performance stemming from the release of Jump’s Firedancer client, one group is already plotting to move Firedancer to its own blockchain. Fogo Chain is a new layer-1 running on Solana’s software that will only use the Firedancer client and will implement multi-local consensus while making use of a curated validator set. Fogo’s creators think these features will help the chain — which is slated for mainnet and testnet launches in the first half of this year — push Solana’s software…
The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading firm DRW, according to a Tuesday announcement from the company. The SEC sued Cumberland DRW last October, accusing the firm of acting as an unregistered securities dealer and alleging it sold more than $2 billion in unregistered securities, naming tokens like Polygon (POL), Solana (SOL), Cosmos (ATOM), Algorand (ALGO) and Filecoin (FIL) as a “non-exhaustive” list of tokens the agency considered to be securities. At the time the suit was filed, Cumberland DRW and its CEO…
Eve Online creator CCP Games has appointed a former economist at the Central Bank of Iceland as its new Head of Economy. In this role, Stefán Þórarinsson will be conducting “experiments” where he will tinker with the virtual economy of its upcoming blockchain-based survival game Eve Frontier—in the quest of creating the perfect player-driven financial system. Þórarinsson believes that there aren’t any significant differences between working with real-world economies and virtual ones. That said, the major challenge he sees is the lack of research and data there is regarding virtual—and especially blockchain-backed—economies. As such, his first “experiment” will mostly focus…