Author: NBTC
USDT stablecoin issuer Tether has failed to secure a court order to block its former bitcoin mining partner, Swan Bitcoin, from pursuing a lawsuit in California, the Financial Times reported. The UK High Court dismissed Tether’s request for an injunction, marking another twist in the deteriorating relationship between the two firms. The legal dispute involves a collapsed mining venture that once promised to expand cryptocurrency infrastructure but has since turned into a courtroom battle over allegations of contract breaches and misuse of proprietary information. Tether, the issuer of the widely used USDT stablecoin, and Swan Bitcoin reportedly formed a joint…
Catton AI has partnered with Block Agent to merge AI-powered games with quick multi-channel trading. Together Block Agent and Catton AI will bring Block Agent’s revolutionary trading tools to integrate with Catton AI’s state-of-the-art gaming technology. 🚀 PARTNERSHIP ANNOUNCEMENT 🤝✨We’re thrilled to announce our partnership with Block Agent @bonus_block! 🔥Block Agent simplifies multi-chain trading & asset management, making blockchain more user-friendly, transparent & efficient!🔹 Seamless onboarding & education🔹… https://t.co/pLxdLfkmmY pic.twitter.com/F0rBlWGBPI — Catton AI (@Cattontw) March 1, 2025 They will unite their expertise to transform blockchain systems so they become simpler to use with higher operational efficiency and greater interaction for…
The rise and fall of Decentraland offers valuable lessons for the future of virtual worlds. From speculative land booms to missed opportunities for creators, here’s what went wrong—and how the next generation of digital platforms can avoid the same mistakes. Written by Matt Bond.—The metaverse was supposed to be the future. Instead, it became a punchline.In October 2021, Facebook changed its name to Meta, and suddenly the metaverse was everywhere. CEOs couldn’t stop talking about it, brands couldn’t stop building in it, and your uncle couldn’t stop asking you to explain what an NFT was. Then, just as quickly as…
In a recent report highlighting Decentralized Exchange (DEX) volume by blockchain, Solana has emerged as the leader, surpassing all other chains in monthly DEX volume for the fifth straight month. This impressive streak showcases Solana’s growing dominance in the decentralized finance (DeFi) space. 📊REPORT: @Solana continues to surpass all chains in monthly DEX volume for the 5th straight month.– Volume: $105 billion pic.twitter.com/8i0o4KdV2f — SolanaFloor (@SolanaFloor) March 3, 2025 According to the Solana Floor, Solana’s DEX volume for February 2025 reached a staggering $105.857 billion, maintaining its top position among various blockchain networks. This figure not only reflects Solana’s robust…
Leading Ethereum NFT collections like Pudgy Penguins and CryptoPunks all climbed over the past 24 hours as the broader crypto market rose, and as rumors of a “JPEG reserve” circulated. At one point Pudgy Penguins were up as much as 11.72% while Punks gained 8.64%, pushing their floor prices, or the lowest priced asset on a marketplace, as high as $23,120 and $82,211 respectively. Those prices have since retraced as markets have retreated with the pair up 5.87% and 4.9%, respectively. Other notable collections like Yuga Labs’ Bored Ape Yacht Club and Lil Pudgys have risen at least 5% as…
At 10:24am on Sunday morning in Washington, D.C., President Donald Trump posted to Truth Social that the upcoming US Crypto Reserve would contain XRP, SOL, and ADA. The surprise of his announcement would linger through his 12:11pm update when he added bitcoin (BTC) and ether (ETH) to that list. By that time, XRP had already rallied 28%, SOL had increased 23%, and ADA had rocketed 58%. That Trump decided to bless three assets that the Securities and Exchange Commission (SEC) had previously designated as unregistered securities barely registered with post-Gary Gensler crypto investors. Indeed, since Trump’s inauguration, lawsuits initiated by…
Dymension CEO Yishay Harel believes lowering barriers to entry in the cryptocurrency space will drive innovation and growth. He argues that democratizing token creation will lead to more value-creating instances, despite potential risks from “unserious” players. Network Effects Thrive on Inclusion According to Yishay Harel, co-founder and CEO of Dymension, “lowering the barrier of entrance is and always was the guiding principle of crypto.” He asserts that as more individuals gain access to the tools and capabilities of this technology, the entire ecosystem benefits. In other words, network effects, which are the lifeblood of blockchain adoption, thrive on inclusivity. In…
The rate at which corporate and private institutions adopt the Bitcoin standard has surged extensively in the past year as the asset continues to go mainstream. Confidence in Bitcoin has grown faster than that of any other asset class in history. The pioneering cryptocurrency has seen staggering mainstream adoption recently, mirroring that seen in the internet’s early days. A recent report details this growing embrace of the asset, once seen as a bubble. According to the piece published by Bitcoin-only financial institution Rivers Financial, the adoption rate has increased extensively in the past two years. Public Companies Massively Stacking Bitcoin…
A U.S. crypto strategic reserve appears more likely after President Trump’s announcement over the weekend, Wall Street bank Citi (C) said in a research report on Monday. The President announced that XRP, solana (SOL) and cardano (ADA) would be included in a strategic reserve, and later added bitcoin (BTC) and ether (ETH) to the list of assets. “The announcement of further plans for the U.S. government potentially to become a strategic holder of digital assets would add to the perceived legitimacy” of the asset class, wrote analyst Alex Saunders. Citi noted that the U.S. government currently holds about $19 billion…
The Secretary of the U.S. Department of Treasury, Scott Bessent, has reportedly appointed Tyler Williams, the head of Regulatory and Legislative Affairs and regulatory Counsel at Galaxy Digital, to advise on digital assets and blockchain policies. Williams previously held the position of deputy assistant treasury secretary under Steven Mnuchin. The new advisor to the Treasury Secretary has also handled financial regulation in the House of Representatives and Senate under Senator Thom Tillis and Congressmen John Boehner and Robert Hurt, respectively. Williams acquired a BA in Economics from Kenyon College and a graduate law degree from George Washington University School of…