Author: NBTC
The main organizations supporting the Arbitrum blockchain, Offchain Labs and the Arbitrum Foundation, unveiled a new program designed to kick-start early-stage projects in the ecosystem. The new program, “Onchain Labs,” is designed to provide go-to-market support to “experimental and volatile” projects, according to a blog post from Offchain Labs, Arbitrum’s main developer. “Through Onchain Labs, we’re dedicating resources to support developers looking to rapidly expand the application layer by ideating with them from the ground floor to bring the best user experiences to Arbitrum,” the blog post said. “As we do with many Arbitrum teams, we’ll provide product and [go-to-market]…
Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower and might decline toward the $95,000 support. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There was a break below a major bullish trend line with support at $97,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,000 zone. Bitcoin Price Dips Again Bitcoin price remained in a range above the $95,000 support level. BTC started…
The Sui blockchain keeps making waves in the DeFi landscape with substantial capital inflows. As per the data from Phoenix Group, the prominent projects on the Sui blockchain in terms of total value locked include Send ($SEND), NAVX ($NAVX), and Cetus ($CETUS), as of March 17, 2025. The crypto analytics platform took to social media to provide the list of the top Sui projects based on TVL. TOP 10 #TVL ON #SUI $SEND $NAVX $CETUS #Haedal $SCA $BLUE $BUT $ALPHA #Aftermath #Kai pic.twitter.com/c4Pg6LQscl — PHOENIX – Crypto News & Analytics (@pnxgrp) March 17, 2025 SEND Leads Top Sui Projects by…
Iraq has signaled an intention to join the race for a central bank digital currency (CBDC), beginning with a series of experiments aimed at enhancing its payments ecosystem. The digital dinar will complement existing payment options while operating similarly to cash. Iraqi Prime Minister Muzhir Mohammad Saleh’s financial advisor confirmed the government’s plan to roll out a retail CBDC for the country. Saleh said the Central Bank of Iraq (CBI) will spearhead the design of the digital dinar with the intention of harnessing a range of economic benefits. While the technical details of the launch are unclear at the moment,…
Polygon recorded positive momentum amid migration from MATIC to POL. The L2 network plans to enhance productivity through the AggLayer launch this year. Polygon’s Q4 report, released by Messari Research, highlighted the blockchain’s key achievements in the quarter. Specifically, Q4 brought recovery for Polygon’s native token, POL, following its transition from MATIC. Building on its latest achievements, the Polygon network is set for a transformative 2025, with several developments on the horizon. Polygon’s Key Milestones in Q4, 2024 A major shift in the Polygon ecosystem in the fourth quarter of 2024 is the migration from MATIC to POL. As noted…
HIVE Digital Technologies (NASDAQ: HIVE) has completed the acquisition of Bitfarms Ltd.’s 200-megawatt Yguazú hydro-powered facility in Paraguay. The move will increase the company’s mining capacity by 317% from 6 Exahashes per second (EH/s) to a projected 25 EH/s by September 2025. One of Wall Street’s largest Bitcoin (BTC) miners continues its expansion despite this year’s BTC price correction. The cryptocurrency has declined by 25% from its all-time highs in January and is currently testing its lowest levels in over four months. The $56 million acquisition strengthens HIVE’s position in the sustainable blockchain infrastructure sector, expanding its global operational footprint…
Malaysian authorities are considering utilizing emerging technologies to monitor international halal certification organizations to confirm food processing standards. The government recently signaled a clear intention to experiment with blockchain technology and artificial intelligence (AI) to ensure compliance with halal requirements. Datuk Mohd Na’im Mokhtar, Minister in the Prime Minister’s Department of Religious Affairs, confirmed the start of a pilot project to test halal certification monitoring with emerging technologies. The Malaysian Islamic Development Department (Jakim), the national agency in charge of halal certification, has established standards for international agencies to follow when issuing halal certificates. Mokhtar disclosed that despite the issuances,…
The iShares Bitcoin ETF (IBIT) has done well and broken records in the financial services industry as its assets surged to over $54 billion. This is a great performance since the popular SPDR Gold ETF (GLD), which was started in 2004 has accumulated $80 billion in assets. That is a sign that IBIT will eventually pass GLD in the coming years. This article explains why the IBIT ETF may surge, and why there is a better alternative to buy. The bullish case for the IBIT ETF The IBIT ETF has done well, and there are chances that it will soon…
Stablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings are increasingly in demand with a cooldown in crypto prices. Peregrine Exploration, the development firm behind Level, received another $2.6 million led by early backer Dragonfly Capital with Polychain also participating, founders David Lee and Kedian Sun told CoinDesk in an interview. New investors include Flowdesk, Echo syndicates Native Crypto and Feisty Collective by Path, and angel investors Sam Kazemian of Frax and Albert Chon of Injective. The latest round followed a $3.4 million raise in August, bringing…
Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence’s nearly $20 billion haul, according to data provided by Pitchbook, showing how investors continue to pivot towards AI. Data shows that investors closed 795 deals in the U.S in AI from January to March, with blockbuster deals like Databricks’ $15.3 billion round and Anthropic’s $2 billion raise dominating headlines. Crypto’s largest blockbuster deal, in comparison, was Abu Dhabi’s MGX, with a $2 billion investment into Binance – the first institutional placement in the crypto exchange.…