Author: NBTC

A layer-1, or L1, blockchain is the base network of a blockchain ecosystem. It operates independently—without relying on other chains for validation or execution—and handles everything from transaction processing to consensus and data storage on its own ledger. Often called the mainnet or settlement layer, a layer-1 blockchain forms the ground floor upon which all other blockchain layers, including sidechains and layer-2s, are built. Where layer-2s extend performance on top of existing networks, layer-1s stand alone. They define their own rules, run their own validators, and issue their own native tokens. Bitcoin, Ethereum, Solana, Cardano, and Avalanche all fit this…

QumulusAI, a company building GPU-powered cloud infrastructure for artificial intelligence, has locked in a $500 million credit facility to fund its growing fleet of graphics processing units (GPUs). The financing was arranged by Permian Labs and will be distributed via USD.AI, a blockchain-based credit protocol that connects crypto liquidity to real-world infrastructure, according to an announcement shared with CoinDesk. The non-recourse facility will allow QumulusAI to borrow stablecoins against up to 70% of its approved GPU deployments, giving the company faster access to capital than traditional credit routes like bank loans or venture debt, the company said. GPUs are the…

Global crypto regulation is set to accelerate as the G20 rallies behind sweeping oversight, unified standards, and next-generation financial-technology governance poised to reshape digital-asset markets worldwide. G20 Sets Unified Path for Digital Asset Oversight The G20 issued its Leaders’ Declaration on Nov. 22 at the South Africa summit, setting a unified direction for global oversight of digital assets. The document outlines coordinated approaches to crypto assets, stablecoins, and financial-technology risks that may influence regulatory expectations across major economies. “We emphasise the need to intensify global efforts to prevent the misuse of legal entities, foster increased asset recovery, facilitate rapid, constructive,…

COTI, a well-known blockchain payment entity, has officially collaborated with MyEtherWallet (MEW), a free, non-custodial, and open-source wallet. The partnership intends to enhance privacy to facilitate consumers utilizing MyEtherWallet and its multi-chain wallet, Enkrypt. As mentioned in COTI’s official announcement, the main purpose of this joint effort is to integrate cutting-edge on-chain privacy attributes to improve confidential transfers for numerous consumers. Hence, the collaboration is anticipated to enhance consumer trust, lead to cutting-edge decentralized wallet initiatives, and security frameworks. Did you know? COTI and MyEtherWallet are partnered to offer privacy features to @myetherwallet and @enkrypt users. The collaboration aims to…

Shares in BitMine Immersion Technologies managed to end a choppy day of trading at a slight gain after the crypto treasury company became the latest target of short seller Kerrisdale Capital. Kerrisdale said in a report on Wednesday that Tom Lee’s BitMine is “chasing a model that is on its way to extinction,” as it took a short position on the company, a bet that its stock would fall. Kerisdale argued BitMine’s strategy of selling shares at a premium to purchase Ether (ETH) and grow its token-per-share metric is no longer effective, and the company’s value compared to its crypto…

There’ll soon be a new sheriff at the U.S. Commodity Futures Trading Commission (CFTC), and it won’t be former Commissioner Brian Quintenz. Michael Selig: The Crypto Lawyer Nominated for CFTC Chair Brian Quintenz, a former commissioner at the CFTC and current global head of policy at the crypto division of Silicon Valley venture firm Andreessen Horowitz, was well on his way to becoming Trump’s new CFTC Chair. But a clash with the Winklevoss twins over the regulator’s seven-year feud with crypto exchange Gemini, which is owned by the twins, took Quintenz out of the running. Read more: Brian Quintenz CFTC…

ICB Network, a Layer-1 blockchain that powers users with scalable, fast, and cost-friendly applications, today announced a strategic collaboration with CyberCharge, a DePIN infrastructure that allows users to charge devices and earn tokens. Through this partnership, the two platforms (ICB Network and CyberCharge) joined their fast-processing blockchain network and DePIN decentralized charging ecosystem to democratize and make smart charging access cheaper for everyone. CyberCharge is a DePIN Web3 charging ecosystem running several decentralized networks of smart chargers. These distributed smart chargers across the globe allow people to charge their electronic devices, enabling them to earn token rewards for every charge…

The United Kingdom is stepping deeper into the blockchain era, as the government prepares to appoint a “digital markets champion” to spearhead its efforts in tokenizing wholesale financial markets, Bloomberg reported. This move reflects the UK’s growing ambition to modernize its financial infrastructure and keep pace with the global race toward digital finance and blockchain-driven innovation. New Digital Markets Champion to Drive UK Tokenization Strategy According to remarks prepared by Lucy Rigby, the Economic Secretary to the Treasury, the new digital markets champion will act as a bridge between the government and private sector, ensuring smooth coordination on tokenization initiatives.…

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Can Smart Contracts Be Enforced Under the Law? If you’ve ever asked whether smart contracts are legally enforceable, the answer is often yes. However, enforcement depends on traditional contract principles, not just the fact that a contract is coded on a blockchain. This article provides an overview of smart contract enforceability and practical tips for drafting contracts that are…

Enso, a leader in providing rapid solutions for blockchain, has officially announced full support for the launch of Monad mainnet, scheduled for November 24th. This collaboration will ensure that, from the very first moment, developers on Monad can create advanced DeFi applications, ranging from lending to trading, with tools and infrastructure already fully operational. Monad: a new Layer-1 for DeFi Full Functionality from Day One Simplifying Development: The Power of Blockchain Shortcuts Words from the Co-founder of Enso A New Standard for Blockchain Launches Enso: the fastest way to build onchain Monad: a new Layer-1 for DeFi The arrival of…