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Author: 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.

the AMF supports security tokens

In France, the financial market authority (AMF) intends to support the growing industry of security tokens by issuing dedicated regulation. This is an experimental initiative aimed at regulating this niche sector, in a context where current legislation is incompatible with its growth. On the other hand, in the United States the approach of regulators seems to be more aggressive and less collaborative: recently the SEC has targeted Uniswap as an alleged unregistered security exchange. All the details below. France: the new regulation to support security tokens The panorama of security tokens overseas: the case of the SEC against Uniswap France:…

Regulation

Oleksandr Usyk Announces Launch of RTF Token for the World’s Largest Boxing Web3 Community

Ready to Fight, spearheaded by heavyweight champion Oleksandr Usyk, is punching its way into the blockchain arena with the launch of its native token, RTF. This groundbreaking move marks a significant stride towards reshaping the boxing landscape through the power of decentralized technology. — Ready to Fight, conceived by Usyk and Sergey Lapin, envisions a world where boxing transcends being merely a sport and evolves into a dynamic ecosystem. Through the utilization of blockchain technology, Ready to Fight endeavors to tackle the enduring issues that have burdened the $10 billion boxing industry for years. At its core, Ready to Fight…

Blockchain

a16z raises $7.2 billion for new venture funds

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm co-founded by Marc Andreessen and Ben Horowitz, has closed a mega $7.2 billion in new funds. The VC giant, which is one of the largest backers of crypto projects, beat its targeted $6.9 billion. Axios highlighted the milestone in a report, noting that this reflects a16z’s stature as an industry behemoth. According to the platform, this raise is despite the downturn in the fundraising market. a16z announced the new funds today, April 16. a16z’s multiple venture strategies includes crypto According to a16z co-founder and general partner Ben Horowitz, this is a…

Markets

Saga Mainnet Launches Alongside Token on Binance—With More Airdrops Ahead

Saga, a new layer-1 blockchain network designed to let creators launch their own layer-1 chains, launched its mainnet early Tuesday, alongside its SAGA token that was first listed on major cryptocurrency exchange Binance. The rollout comes following a record-breaking Binance Launchpool campaign for SAGA, which saw more than 500,000 total Binance customers stake some $13.4 billion worth of crypto—across Binance Coin (BNB) and the FDUSD stablecoin—to earn a share of 45 million SAGA tokens, or half of the initial circulating supply. Saga co-founder and CEO Rebecca Liao told Decrypt’s GG that the mainnet launch is happening in six stages, with…

Altcoins

Filecoin Foundation Begins Legal Investigation into the STFIL Incident in China

The Filecoin Foundation, a non-profit organization that promotes the development of the Web3 Filecoin data storage protocol, has hired a lawyer in China and is investigating the reported detention of members of the Filecoin Liquid Stake (STFIL) team, according to an April 13 social media post by foundation senior fellow Danny O’BRIEN. The withdrawal functionality of the STFIL protocol stopped working in early April after the developer’s wallet made several unscheduled updates and transferred $23 million worth of Filecoin (FIL) tokens to an address whose owner is unknown. On April 8, the STFIL team announced that key technical staff had…

Regulation

Oasys Launches Bridged USDC (Celer) Standard for Improved Cryptocurrency Transactions

Oasys, a leading organization in the ecosystem of cryptocurrency, recently launched major improvements to its bridged $USDC, a significant improvement for its users. Oasys has created the Bridged USDC Standard in partnership with cBridge to all $USDC bridged to the platform of cBridge-based to $USDC. Bridged USDC (Celer) on Oasys Achieves Compatibility with Circle’s CCTP Bridge It is a significant stage intended to guarantee that Brigded USDC is interoperable outright and positions the implementation for potentially possible native issuance of the new cryptocurrency to OAS. The Brigded USDC standard demonstrates Oasys’ commitment to providing a top-notch consumer experience. It will…

Blockchain

Merit Circle Ecosystem Treasury Reports Impressive Growth of $94M in Q1 2024

The Merit Circle ecosystem treasury has announced a remarkable growth of approximately $94 million in the first quarter of 2024, bringing the total treasury size to approximately $201 million. This surge in growth exemplifies the robust financial health of the Treasury and underscores its strategic investments within the gaming industry. Since its establishment, Merit Circle has been at the forefront of promoting innovation and expansion within the gaming community. The Treasury has supported over 60 diverse projects, many of which have demonstrated outstanding performance and potential. A distinguishing feature of Merit Circle is its unwavering commitment to transparency. Since its…

Markets

XRP Adds $2 Billion to Market Cap as XRP Price Suddenly Pumps

In a significant development today, XRP has experienced an unexpected surge, resulting in a remarkable $1.7 billion increase in its market capitalization within a brief span of four hours. Analysis from CoinMarketCap indicates a swift ascent from $33.21 billion to an impressive $35.3 billion, marking a notable milestone for the digital asset. The surge in XRP's market capitalization was propelled by a sharp uptick in its price, surging from $0.588 to $0.643, signifying a noteworthy 6.76% increase. This surge positions XRP prominently among the most profitable large-scale crypto assets of the last 24 hours, garnering considerable attention and interest across…

Altcoins

Optimistic Oracle Integration Opens Doors to Limitless Possibilities

UMA’s Optimistic Oracle (OO) has recently debuted on Base, marking a monumental step forward in the realm of decentralized applications (dApps). With UMA’s expansion onto the Base network, a multitude of possibilities emerge for developers and users alike, as the OO empowers a wide array of Web3 projects, including popular platforms like Polymarket, Sherlock, and Across. UMA’s Entry into the Base Ecosystem UMA’s entry into the Base ecosystem represents a convergence of cutting-edge technologies aimed at driving innovation and scalability in the crypto sphere. As the OO goes live on Base, developers now have access to a versatile tool that…

Blockchain

Metable Unveils Beta Launch of 'Learn to Earn' Metaverse

Metable, the pioneering metaverse dedicated to education, is thrilled to announce the successful beta launch of its blockchain platform. Positioned as the evolution of traditional online education, Metable's virtual world, built on the Polygon blockchain, offers a decentralized ecosystem where users can create and own their virtual schools while earning through teaching. — The integration of blockchain technology enables students and teachers to earn royalties from the resale of NFT online courses, a feature previously unavailable in the web 2.0 landscape. This groundbreaking approach opens up new learning experiences and business models for content creators, influencers, and professionals alike. VIDEO:…

Metaverse