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.

Chile Edging Closer to CBDC Launch

Chile is tentatively moving toward the launch of a CBDC, with the public seemingly firmly behind the central bank’s plans. Per the media outlet Criptonoticias, the Central Bank of Chile (BCCh) is yet to commit to a CBDC launch. However, a digital peso rollout is looking increasingly likely, with the BCCh announcing it is set to commence Proof-of-Concept (PoC) testing. Chile Central Bank Making CBDC Moves The central bank also conducted a survey. It said that it asked “the general public and representatives of the public and private sectors” for their CBDC-related opinions. The BCCh said almost 90% of survey…

MarketsApr 24

VeChain and Tangem Join Forces for Hardware Wallet Innovation

VeChain partners with Tangem for an exclusive hardware wallet, enhancing secure crypto transactions. The collaboration introduces ‘Web3 for B3TR’, a limited edition, credit-card-sized hardware wallet. VeChain, a leading global smart contract platform, is pioneering real-world blockchain applications. This technology forms a collaborative framework, bringing together individuals, businesses, and organizations to fulfill shared objectives. In a significant development, VeChain has joined hands with Tangem, unveiling ‘Web3 for B3TR’, a limited edition, stylish hardware wallet. This partnership aims to revolutionize the blockchain sphere by fostering scalable cooperation among various stakeholders. The collaboration between VeChain and Tangem epitomizes this goal, focusing on hardware…

AltcoinsApr 24

LightLink $LL Now Available for Trading on KuCoin from April 24

KuCoin, one of the popular exchanges worldwide, has finally listed $LL. From 8 AM UTC on April 24, 2024, the traders will have an opportunity to trade $LL against USDT. Meanwhile, the deposit will be opened on April 23, 2024, starting from 10 AM UTC. Moreover, it is also important to note that both deposits and withdrawal of $LL will be available on Ethereum Mainnet on KuCoin. $LL gets listed on #KuCoin! Pair: LL/USDT Listing time: Apr 24, 2024, 8 AM UTC Deposit opens: Apr 23, 2024, 10 AM UTC Deposits and withdrawals will be available on the Ethereum Mainnet.…

ExchangesApr 24

Bitcoin’s 21 million limit is a boomer myth

We’ve all heard it. There will only ever be 21 million bitcoin. With 19.6 million already mined, time is of the essence to secure one’s rights to a piece of digital sovereignty. But what if the situation was even more paramount? A supply of 21 million is already not enough to go around, and anything less would raise the stakes that much more. To genuinely appreciate the value of bitcoin, one must recognize that the perceived cap of 21 million does not accurately reflect reality. In doing so, not only does a clearer understanding of bitcoin’s true scarcity and value…

BitcoinApr 24

Saxo Bank’s Co-Founder Invests in Crypto Trading Algo Firm

Lars Seier Christensen, the co-founder of Saxo Bank, has invested an undisclosed sum of money into Skynet Trading, a digital assets trading and algorithmic software development firm, through his investment arm Seier Capital. Announced yesterday (Monday), the company also received an investment from Edessa Capital. The two investors are the first outside private shareholders of Skynet, as until now, the company was bootstrapped by its co-founders. The investment also came when the dollar value of Bitcoin and several other cryptocurrencies were hovering around their peak. “The addition of Seier Capital and Edessa Capital as private shareholders marks a significant milestone…

MarketsApr 24

Ripple President Breaks Silence on XRP Ledger Stablecoin

In a recent announcement, Ripple, a provider of corporate crypto solutions, unveiled its intention to launch a stablecoin pegged to the U.S. dollar. This move signals Ripple's entry into the growing stablecoin market, which is currently valued at approximately $150 billion and is projected to expand significantly in the coming years. The stablecoin, fully backed by U.S. dollar deposits, short-term U.S. government treasuries and similar cash equivalents, aims to meet the increasing demand for reliable and secure digital assets. Leveraging its extensive experience in developing financial solutions for institutions worldwide, Ripple plans to make the stablecoin available on the XRP…

AltcoinsApr 24

2 New Licenses in Pipeline

The shareholders of publicly listed NAGA GROUP AG (XETRA: N4G) have approved the merger of the broker with CAPEX.com. As many as 99.81 percent of the NAGA shareholders voted in favor of the merger at the extraordinary general meeting held on April 12. The press release today (Monday) further revealed that the Hamburg-listed broker is seeking two additional regulatory licenses, which are in the process of approval. However, it did not specify the jurisdictions of the sought-after licenses. Currently, NAGA and CAPEX hold nine regulatory licenses together. “Securing this vote will allow us, after the regulatory approvals for the merger,…

ExchangesApr 24

Rapper Drake Posts Michael Saylor's Bitcoin Video To His 146M Instagram Followers

Grammy-award-winning musician Drake posted a clip of Michael Saylor speaking about bitcoin on his Instagram account on Tuesday. The rapper was previously active in the digital assets space when he placed bets for the 2022 Super Bowl through bitcoin and as an ambassador for crypto Grambling site Stake. Canadian rapper Drake on Tuesday shared a clip of Michael Saylor’s interview on CNBC on his Instagram account, reaching over 146 million followers. Drake, who goes under the username “champagnepapi” on the social media app, reshared a clip from bitcoin_memes_daily, which captioned the video “Michael Saylor on Bitcoin.” Saylor on Monday told…

BitcoinApr 24

Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees

Turnkey, a company that builds wallet infrastructure for blockchain developers, has raised $15 in a Series A funding round led by Lightspeed Faction and Galaxy Ventures. Co-founded by a pair of former Coinbase employees who helped build the U.S. crypto exchange's custody service, Turnkey aims to help application developers build user-friendly blockchain wallets. The funding round, officially announced on Tuesday, included participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. It closed last October and follows a $7.5 million seed round from 2022. "Turnkey is at its simplest level, secure, flexible and scalable wallet infrastructure," CEO Bryce Ferguson…

MarketsApr 24

MoonPay and Ledger Expand Partnership to Include Swaps, Sell and Hardware Wallets

Ledger and MoonPay have joined forces once again. This dynamic partnership is poised to not only simplify the process of owning and transacting with cryptocurrencies but also to fortify the trust and security associated with digital asset management. — Paris, France & Miami — Ledger, the renowned global platform for digital assets, and MoonPay, a leading Web3 infrastructure company, have unveiled an array of collaborative initiatives aimed at ushering in a new era of crypto empowerment. Their shared vision? To make navigating the world of cryptocurrencies effortless and secure for users of all levels of expertise. Building upon their initial…

ExchangesApr 24