Author: NBTC
Today, H.B. 4258, which authorizes the state’s comptroller to invest up to $250 million in bitcoin has been referred to the state’s Delivery of Government Efficiency Committee, which is Texas’ version of the United States federal government’s DOGE. The bill was originally introduced to the Texas House of Representatives on March 11, 2025, and was sponsored by two Democratic Congresspeople — Rep. Ron Reynolds and Mihaela Plesa. Under the proposed legislation, Texas’ comptroller would have the power to invest funds (up to $250 million, as mentioned) from the state’s Economic Stabilization Fund — colloquially referred to as the state’s “Rainy…
Off the Grid creator Gunzilla Games added a Bored Ape Yacht Club-themed content pack Wednesday as part of an “Ape-ril” promotion for Pro subscribers of its battle royale game. The pack contains two new Bored Ape-inspired skins or avatar designs, along with two Ape-themed guns and two fresh emotes that allow users to “go apeshit” or “hump for dominance” when celebrating their in-game achievements. “Time to go full ape sh*t with two Bored Apes battling for clout, coin, and chaos,” the game’s official account posted on X (formerly Twitter), alongside a promotional trailer that features Apes running around inside the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In a rapidly expanding digital ecosystem, the ongoing AI revolution has fundamentally transformed how we live and work, with 65% of all major organizations regularly employing AI tools like ChatGPT, Dall-E, Midjourney, Sora, and Perplexity. You might also like: Zero-knowledge cryptography is bigger than web3 | Opinion This marks a nearly twofold increase from ten months ago, with experts estimating this metric to grow exponentially in the near future. The meteoric rise has come bearing a major…
Bitcoin (BTC), the world’s leading digital currency, recently experienced challenges with block production. Neil Hartner, a software engineer familiar with the ecosystem, highlighted the glitch in an X post. This significant delay has raised concerns about the frequency of glitches this year and its likely impact on the Bitcoin price. Unusual delays and network stability concerns Notably, Hartner emphasized that the glitch halted block production for 88 minutes. The delay is notable given that, on average, block mining occurs every 10 minutes. Thus, the delay prevented the mining of at least eight new blocks. The software engineer decried the frequency,…
The Securities and Exchange Commission and Gemini Trust jointly filed a motion Tuesday requesting a 60-day pause in their high-profile legal battle over the exchange’s crypto lending program. Filed in Manhattan federal court, the motion asks to suspend all deadlines in the SEC’s January 2023 lawsuit. The lawsuit had alleged that the Winklevoss twins’ exchange failed to register their Gemini Earn program before offering it to retail investors. The joint letter was sent “to allow the parties to explore a potential resolution,” the April 1 filing reads, signed by attorneys from both sides. Doing so “is in the Court’s and…
This is a segment from The Drop newsletter. To read full editions, subscribe. When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead? Crypto founders at Ronin and Avalanche clashed over the issue on X this week. In light of Off The Grid’s GUN token launch on Monday and perceived success as a blockchain game thus far, Ava Labs founder and CEO Emin Gün Sirer declared: “AVAX won gaming for sure. If you’re developing…
Binance keeps drawing higher stablecoin deposits, reaching a record level of ERC-20 reserves. The exchange leads leveraged trading, where stablecoins are key to building new positions. Binance remains the leader for stablecoin reserves, as most traders picked the market operator as their main trading venue. Inflows of stablecoins boosted derivative markets, setting up the stage for peak available liquidity. The inflows of stablecoins into Binance went vertical in the last months of 2024, but slower growth continued in the first quarter of 2024. Despite the market slowdown, the supply of stablecoins remains high, and the assets are waiting on the…
Get ready for a game-changer in the crypto gaming universe! The gaming world is buzzing with excitement as Ultra, a pioneering blockchain-based gaming platform, has announced that the legendary Grand Theft Auto Online is making its way to their ecosystem. Yes, you heard that right! Imagine the sprawling open-world chaos of Los Santos, now supercharged with the decentralized power of blockchain. This isn’t just another port; it’s a revolution in how we experience online gaming. Let’s dive into what this groundbreaking announcement means for gamers and crypto enthusiasts alike. What Makes GTA Online on Ultra a Sensational Leap for Crypto…
British multinational bank Standard Chartered predicts that Bitcoin (BTC) will soar to $500,000 before Donald Trump leaves office as President of the United States. This price increase, the bank believes, will come as the result of a friendlier regulatory environment and greater access to the asset. Standard Chartered believes that Bitcoin will hit $200,000 in 2025, steadily increasing to $300,000 in 2026, $400,000 in 2027, and then $500,000 in 2028—when it believes BTC will plateau in the next year. Bitcoin currently sits at $98,600, a 43% increase from its price of $68,800 before Trump secured electoral victory in November. Standard…
Chainlink has recently launched its DeFi Yield Index to showcase real-time lending rates in DeFi, marking the start of multiple index offerings to establish itself as a major provider in cryptocurrency. Decentralized Finance lending has grown to $47B in total value locked across hundreds of protocols as of January 2025. Chainlink, a leading provider of decentralized oracle networks, is making strides toward becoming the go-to benchmark index provider for the cryptocurrency market. Through its Chainlink DeFi Yield Index (CDY Index), the platform seeks to enhance transparency, efficiency, and accessibility within decentralized finance (DeFi). To date, Chainlink’s oracle network has played…