Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Peaq joins Mastercard Start Path program, connects DePIN with tradfi

Peaq, a layer 1 blockchain, has become a participant in the Mastercard Start Path program. Representatives of peaq, a layer 1 blockchain for decentralized physical infrastructure networks (DePIN) and machine real-world-assets (RWAs), told crypto.news that the payment giant’s program is designed to support promising advanced-stage projects in various fintech and web3 verticals. With the help of Mastercard, peaq will explore many promising implementations linking the DePIN sector and the world of traditional finance (tradfi) and fintech. The program also helps projects expand their ecosystem with new opportunities to secure strategic partnerships, build communities, raise funds, and more. Sabrina Tharani, SVP…

BlockchainMay 16

Google Searches for 'Bitcoin Halving' Get Higher Than 4/20

Google searches for the term “Bitcoin halving” have hit an all-time high, surpassing the previous record set during the last halving in May 2020. According to Google Trends data, which uses a 100 point scale to determine the relative popularity of keyphrases, there is more interest than ever in the Bitcoin network halving. This op-ed is part of CoinDesk’s “Future of Bitcoin” package. Interest in the term has steadily ramped up since the start of 2024, alongside search interest in the phrase “Bitcoin” (which is still below its 2017 peak in terms of search interest). The surge in interest this…

BitcoinMay 16

Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re

Decentralized finance-focused wallet firm Fordefi has snagged crime and cyber threat insurance cover from German carrier Munich Re. The undisclosed dollar amount policy was facilitated by blockchain experts from insurance broker Lockton’s Emerging Asset Protection team. Fordefi, a cryptocurrency wallet built for decentralized finance (DeFi), is working with German insurance giant Munich Re, the companies said in a blog post on Thursday. Facilitated by Kansas City-headquartered insurance broker Lockton, Fordefi’s wallet policy covers cyberattacks and things like internal fraud or collusion, as opposed to protection at the smart contract level. The dollar amount of the coverage was not disclosed, but…

DeFiMay 16

WadzPay Announces Expansion into the Stablecoin Market

WadzPay’s move into the stablecoin market reflects a strategic shift towards becoming a global blockchain financial services provider. WadzPay’s entry into the stablecoin market prompts a 15% token surge post-announcement, reflecting investor confidence. With the stablecoin market expected to grow rapidly, WadzPay’s product innovations position it well for diverse financial applications. WadzPay, a fintech leader offering blockchain-driven digital asset payment solutions, has revealed its intentions to enter the stablecoin market. This development is expected to expand the company’s scope from its current concentration, transforming it from a payment-centred to a global blockchain financial services provider. WadzPay’s in-house token registered a…

AltcoinsMay 16

El Salvador Announces Tokenized Investment Offerings On Bitcoin Sidechain

El Salvador took a decisive step into tokenization on Tuesday, unveiling national investment opportunities based on Bitcoin infrastructure. El Salvador Bitcoin: Investing in Development The nation’s National Bitcoin Office launched its blockchain-based capital raise on the Liquid network. Bitcoin-based capital markets have officially launched in El Salvador, the first country to adopt Bitcoin. Well done to the ONBTC and @BFXSecurities on this historic milestone! https://t.co/6SCPvjiunx — Liquid Network 🌊 (@Liquid_BTC) May 15, 2024 Liquid is a Bitcoin sidechain managed by Blockstream and a federation of 65 Bitcoin-centric companies globally. Utilizing BTC as its native asset, the blockchain facilitates faster, cheaper,…

BlockchainMay 16

Crypto liquidations spike hours before Bitcoin halving

Over $290 million in crypto liquidations occurred in 24 hours as bitcoin rebounded 5% to near $65K ahead of its halving event. The post Crypto liquidations spike hours before Bitcoin halving appeared first on Crypto Briefing. Bitcoin's price slightly rebounds after liquidations, hours before the halving. Chart displaying spikes in bitcoin liquidations and pricing volatility before 2024 halving event Liquidations in the wider cryptocurrency market have totaled over $290 million in the past 24 hours. Of that amount, around $154 million were long positions. Bitcoin (BTC) liquidations surged to over $108 million as the price dropped below $60,000 but then…

BitcoinMay 16

CoinFund Backs STON.fi, Top DEX in the TON Ecosystem

CoinFund has announced a significant investment in STON.fi, the leading decentralized exchange (DEX) within The Open Network (TON) ecosystem. The specific amount of funding and valuation data have not been disclosed. An official statement says the new capital will fuel STON.fi’s rapid growth and expand DeFi services to Telegram users. CoinFund and Delphi Ventures Back STON.fi Other notable investors participated in the investment round, including Delphi Ventures, TON Ventures, 1inch Co-Founders Sergej Kunz and Anton Bukov, and LI.FI CEO Philipp Zentner. Jake Brukhman, CEO of CoinFund, expressed his enthusiasm for the partnership: “STON.fi has demonstrated remarkable innovation in the DeFi…

DeFiMay 16

XRP Ledger Foundation Picks New Validator Node

According to a Tuesday announcement, Anodos Finance has been added to the XRP Ledger Foundation's unique node list (UNL). The list comprises a set of 35 validators that are considered to be trusted network participants. Anodos Finance was added following the removal of Digifin.uk at the request of the former. "Being part of the UNL means we are now one of the key players in maintaining the integrity and stability of the XRP Ledger. It's a responsibility we accept with pride and excitement," the project said in a statement. In order to be included in the XRP Ledger Foundation's UNL,…

AltcoinsMay 16

Tron adds Google Cloud as a super representative candidate

One of the most recent and significant developments is the announcement that Google Cloud has been added as a super representative candidate on the Tron blockchain. This move represents an important step forward for Tron and for the entire cryptocurrency ecosystem, highlighting the growing importance of collaboration between tech giants and decentralized blockchain platforms. Google Cloud: a new Super Representative candidate in Tron’s blockchain Implications of Collaboration Conclusion Google Cloud: a new Super Representative candidate in Tron’s blockchain Tron is one of the most well-known blockchain platforms in the world, founded by Justin Sun in 2017. Its mission is to…

BlockchainMay 16

Bitcoin could reach $100k by year-end, Komodo CTO

In an exclusive interview with Kadan Stadelmann, CTO of non-custodial wallet and atomic swap DEX platform Komodo, we discussed the implications that the upcoming halving might have on Bitcoin and the broader cryptocurrency market. The Bitcoin halving is almost here, and all eyes are on the flagship cryptocurrency. This key event will slash block rewards in half, affecting the premiere cryptocurrency’s supply and availability. Investors and market observers are currently divided on how such an event might impact Bitcoin’s future trajectory. Some claim that Bitcoin will follow past trends, while others believe this market cycle is different. Kadan Stadelmann, who…

BitcoinMay 16