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.
Orbs is handing control of its Layer-3 trading protocol and multi-million dollar fee stream to a new DAO, betting seasonal on-chain governance can keep pace with volatile DeFi markets. Orbs has launched a decentralized autonomous organization (DAO) that will shift control over protocol decisions and revenue allocation from core contributors to its global community in the coming weeks, formalizing a move to fully on-chain governance for its Layer-3 trading infrastructure. The Tel Aviv-based protocol, which specializes in execution-layer infrastructure for advanced onchain trading, said the DAO launch follows years of product deployment, integrations, and regulatory preparation rather than a rush…
Ethereum price action has entered a decisive phase as bulls attempt to reclaim control after months of pressure. The daily chart shows a market shifting from a prolonged downtrend into a fragile recovery. However, momentum remains mixed across timeframes. Short-term strength has emerged, yet higher timeframe resistance continues to cap upside attempts. Consequently, traders now focus on a tight range where the next breakout could define Ethereum’s direction for weeks. Market Structure Signals Cautious Recovery Ethereum still trades within a broader bearish structure defined by lower highs and lower lows. However, the sharp decline into February created a clear capitulation…
Dutch State Lottery Takes Biggest Illegal Gambling Site to Court as Regulator Says €24M Fine Was Too Low
The Netherlands’ state-owned lottery operator, Nederlandse Loterij, has launched civil proceedings against the country’s largest unlicensed online gambling platform. It also directly targets the offshore shell companies and individual directors behind it in a case that could set a European precedent for how licensed operators combat black market rivals. Key Takeaways: Nederlandse Loterij sued Qbet’s operators and directors at The Hague, targeting the offshore shell network behind the Netherlands’ largest illegal gambling site KSA chair said the record €24.8M fine should have exceeded €100M but Dutch law caps penalties at 10% of global turnover 53% of Dutch online gambling spend…
Blockchain transfer fees denote a core element of the crypto sector. In this respect, these fees act as both a security layer and an incentive management. Thus, whenever someone interacts with, receives, or sends digital assets, they might pay a small fee for the processing of that transfer. The respective fees differ widely based on the blockchain ecosystem, ongoing demand, and transfer complexity. Comprehending the working of transaction fees is crucial for those attempting to invest in or utilize crypto assets effectively. Introduction to Blockchain Transfer Fees Mainly, blockchain transaction fees underscore payments that the users make for the processing…
Sky, the decentralized finance protocol formerly known as MakerDAO, has announced the first native deployment of its native stablecoin, USDS, and its yield-bearing version, Savings USDS (sUSDS), on Avalanche. The rollout runs on Skylink, the Sky ecosystem’s crosschain bridge protocol, built on LayerZero infrastructure. Unlike traditional bridge deployments, Skylink operates on a burn-and-mint framework that requires no bridge liquidity, accoriding to Sky’s X announcement. Grove Finance initiated the bridge of Sky’s USDS and sUSDS to Avalanche via Skylink, becoming the first entity to transfer the assets directly from Ethereum mainnet to Avalanche. “This is the first native deployment of USDS…
Ethereum is trying to recover, but two charts show the rally still facing pressure at nearby resistance zones. At the same time, support levels below are now critical because a successful retest could decide whether $ETH pushes higher or slips back into weakness. Ethereum Rebounds Into Resistance While Support Remains Fragile Ethereum is trying to recover after a sharp drop, but the chart shows that the first major test sits near the $2,400 area. That red zone has already acted as resistance before, so $ETH now needs to break and hold above it to strengthen the rebound. Until then, the…
Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins
Shin Hyun-song, the nominee to lead the Bank of Korea, said a central bank digital currency (CBDC) and bank-issued deposit tokens should form the core of South Korea’s digital money system, with stablecoins playing a secondary role. “I expect that central bank digital currencies and deposit tokens will be able to coexist with stablecoins in a manner that is supplementary and competitive to each other,” he said, Yonhap reported, citing the Bank of Korea. In written remarks submitted to parliament ahead of his confirmation hearing on April 15, Shin said he supports introducing a won-based stablecoin, but stressed that trust…
Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana
DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms access crypto market data — a sign of growing demand for Wall Street-style systems in digital asset markets. The project, called DoubleZero Edge, went live on Thursday. Its first offering is a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices. Solana, a high-speed blockchain popular with traders, produces large amounts of real-time data as transactions are processed. DoubleZero plugs into that system by working with…
Staking is the system of earning rewards and interest by the process of holding or investing cryptocurrencies. It uses the Proof of Stake (PoS) consensus mechanism, a process by which some blockchains validate transactions and add new blocks and secure the network. PoS depends on the validators selected based on how much crypto they have staked and how long they have held it. There are 2 general types of staking: CeFi (Centralized Finance) platform staking, and DeFi (Decentralised Finance) platform staking. In CeFi staking, users deposit their crypto in centralized exchanges, and the platform stakes their crypto, and they can…
A renowned Ethereum ($ETH) whale has recently executed a significant leverage strategy via the popular decentralized lending protocol, Aave V3. In this respect, the initially supplied up to 3,500 $ETH, equaling a total of $8.26M into the Aave V3 protocol. As per the data from Onchain Lens, the whale then borrowed $USDC worth of $8M against the respective collateral. Hence, the whale increased their Ethereum exposure with the borrowed capital. A whale supplied 3,500 $ETH ($8.26M) into #Aave V3, borrowed $8M $USDC, bought 3,386 $ETH at $2,363, and supplied it back to #Aave V3.Currently, the whale holds 6,886 $ETH ($16.22M).Address:…