Author: NBTC

Sandeep Nailwal, the Ethereum layer-2 network Polygon co-founder, has voiced concerns that the growing trend of memecoin scams could attract regulatory scrutiny. Nailwal highlighted these risks in a Nov. 21 post on X, pointing to recent incidents as potential triggers for government intervention in the crypto space. QUANT controversy Nailwal’s remarks were prompted by a scandal involving Gen Z Quant (QUANT), a memecoin launched on the Solana-based platform Pump.fun. On Nov. 20, blockchain analysis platform Lookonchain reported that a 13-year-old created the token during a live stream event. The memecoin’s value surged over 260% within minutes before crashing when the…

Integrating AI with blockchain can enhance AI’s trustworthiness and revolutionize various sectors. AI Developers Should Prioritize User Control Stacey Engle, co-founder and CEO of Twin Protocol, argues that integrating artificial intelligence (AI) with blockchain technology can prevent misuse of AI and make AI operations more trustworthy. This combination, she asserts, has the potential to revolutionize various sectors, from healthcare to decentralized finance, by making services more reliable and user-friendly. Engle highlights the promising future of AI by referencing accounting giant PwC’s prediction that AI could contribute $15.7 trillion to the global economy by 2030. This “unparalleled capacity” to reshape industries…

Japan’s investment firm Metaplanet has wrapped up its 11th Stock Acquisition Rights exercise period. CEO Simon Gerovich announced on X that the company achieved a 72.8% exercise rate with 13,774 individual shareholders participating. Metaplanet Inc. has concluded the exercise period for its 11th Stock Acquisition Rights, achieving a 72.8% exercise rate with participation from 13,774 individual shareholders. The Company has also approved the transfer of unexercised rights to EVO FUND, which has committed to… https://t.co/bSnKwMfCjK — Simon Gerovich (@gerovich) October 22, 2024 The CEO said that the unexercised rights will go to EVO FUND. EVO FUND’s exercise of the transferred…

In the dynamic realm of cryptocurrency investments, the Initial DEX offerings of Polkastarter have gained significant attention from investors. As per Phoenix Group, a prominent on-chain analytics platform, the top ten Polkastarter IDOs in terms of ROI include Ethernity, Thetan World, SperVerse, Wilder World, PAID Network, Dfyn, Polkamarkets, Push Protocol, Convergence, and MahaDAO. TOP 10 #POLKASTARTER IDOS BY ATH ROI $ERN $THG $SUPER $WILD $PAID $DFYN $POLK $PUSH $CONV $MAHA pic.twitter.com/uOH2JlZvsg — PHOENIX – Crypto News & Analytics (@pnxgrp) October 29, 2024 Ethernity Leads the Polkastarter IDOs Based on Returns on Investment Phoenix Group shared the list of the prominent…

The U.S. District Court for the Northern District of Texas has ordered the Securities and Exchange Commission to throw out its so-called “dealer” rule, finalized in February. Crypto industry groups had sued the agency, arguing its rule marked an inappropriate stretch into the sector. The ruling emerged just as SEC Chair Gary Gensler was announcing his resignation and touted the agency’s legal wins against the crypto industry. A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the…

The Permanent Electoral Authority in Romania (ROAP—Romania Autoritatea Electorală Permanentă) is using blockchain technology to count and validate presidential electoral votes on November 24. Ovidiu Damian, a Romanian blockchain developer at Pi Squared, reported the news on X earlier this morning. “Romania casually using blockchain tech to ensure election integrity,” said Damian, sharing a link and joking it is “probably nothing.” With that, people from all over the world can follow the transactions in a public ledger, live in a dashboard at ROAP’s official website. As of this writing, 83859 blocks containing cryptographically verified votes have already been added to…

A trader who rode the 2023 crypto breakout believes Bitcoin (BTC) is now poised to soar to as high as $100,000. In a new video update, pseudonymous analyst DonAlt tells his 62,400 YouTube subscribers that Bitcoin looks set to end its multi-month consolidation phase that started in March. But DonAlt warns that Bitcoin will likely witness a deep corrective move after a strong breakout surge. “My base case is right now we’re going to break out and it’s going to get smacked down… We’re going to go to $80,000, $90,000 maybe $100,000 if this breaks out, and then we’re going…

Prominent tracking platform Shibburn has published a new update regarding the burn rate of the Shiba Inu meme coin, sharing data collected since last morning. In the course of this, the enigmatic Shiba Inu lead Shytoshi Kusama issued an epic tweet about the SHIB surge since its all-time low that was spotted on September 1 four years ago. SHIB burns surge by 436% The aforementioned data source spread the word about a substantial increase in the daily burn rate has constituted 436.15% over the past 24 hours. That happened thanks to six massive transactions. The two largest ones transferred 38,126,361…

Speculations have continued to heighten over a potential role for Cardano founder Charles Hoskinson in the incoming Donald Trump administration. Hoskinson’s name keeps popping up among political discussions, with some analysts considering the possibility of the blockchain’s appointment as the next U.S. Treasury Secretary under Trump. It is crucial to note that neither Trump nor his core team members have confirmed Hoskinson’s particular role in the incoming administration. However, there are solid indications that the Cardano founder would be part of the government. The IOHK CEO confirmed this in a recent podcast. In the podcast, Hoskinson shared his intention to…

DegenVerse, an advanced gaming platform, has commenced a thrilling collaboration with DeBox (a top Web3 social entity). The partnership targets to revolutionize the intersection of social interaction and gaming by integrating cutting-edge features to benefit users. The platform disclosed the respective development on its official social media account. 💬We’re thrilled to announce our ecological partnership with @DeBox_Social! As a leading Web3 social platform with over 10.8M registered users and 3.1M+ holders, we’ll be launching deep collaborations across both user engagement and asset integration layers.🌟Through this… pic.twitter.com/fLyXfMzcNK — DegenVerse ｜In the Championship (@degen_game) November 24, 2024 DegenVerse Joins Forces with DeBox…