Author: NBTC
Canadian Bitcoin mining company Bitfarms secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its data center development. Bitfarms has reached an initial agreement for a private debt facility of up to $300 million from Macquarie Equipment Capital to support its Panther Creek data center project in Pennsylvania. In an April 2 press release, the Canadian crypto mining company said that the first tranche of the loan is $50 million, with the rest available if the company “achieves specific development milestones.” Bitfarms CEO Ben Gagnon says the partnership with Macquarie is the beginning…
China uses computing to guard against breaches involving sensitive credit information. To boost security, blockchain technology will track and secure China’s credit information. China’s regulatory frameworks ensure national standards for encryption technologies. The Chinese government has integrated privacy computing and blockchain technology to strengthen the security of credit information sharing. At a press conference on Wednesday, Li Chunlin, Deputy Director of the National Development and Reform Commission, revealed the plans, stating that the move would reduce the risk of information leakage and enhance data protection. Privacy Computing for Enhanced Security At the core of this strategy is the use of…
The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often trigger continued selling and more downward price pressure. Historically, this metric has served as a strong support level for bitcoin. Busting below this support, however, does not necessarily indicate a bear market or sustained declines, as bitcoin historically reclaims this price level quickly. In 2024, for example, bitcoin repeatedly tested its average…
TL;DR Lido DAO has strengthened its governance system with extended two-phase voting periods, an emergency mechanism called GateSeal, and a structure of expert committees for technical and financial decision-making. These enhancements aim to boost participation, reduce risk, and ensure transparent, decentralized governance. As the community grows and challenges intensify, Lido commits to solid and adaptable governance in the evolving crypto ecosystem. As DeFi protocols like Lido DAO expand in size and influence, so do their responsibilities. Managing millions in assets demands not just decentralization but also robust security, operational efficiency, and full transparency. In this context, Lido DAO has taken…
Non-fungible tokens (NFTs) may be well off their frothy heights, but don’t tell that to Jupiter. Solana’s top DeFi exchange just brought digital collectibles platform DRiP Haus into its orbit. The acquisition is part of Jupiter’s push to become what Jupiter’s Kash Dhanda calls the “Solana super app:” a home not only for traders of financial instruments like swaps and perps, but for digital culture connoisseurs too. “We don’t believe it,” Dhanda said of the NFT doomsayers. “We think NFTs are here for the long term.” Built from the bricks of the short-lived Solana store, DRiP Haus survived the NFT…
Testnets are crucial for developers to safely test smart contracts, wallets, and decentralized applications (dApps) without risking real funds. By replicating real blockchain conditions, testnets enable developers to debug and fine-tune their projects in a controlled environment. To interact with the Sui testnet, you’ll need testnet tokens, which are used to pay for transactions and simulate real-world operations. These tokens have no monetary value and can be easily obtained through faucets – tools that provide free testnet tokens for development purposes. In this guide, we’ll explain how to get free SUI testnet tokens, allowing you to test smart contracts and…
FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said Wednesday that it was “completely solvent.” FDUSD has dropped to 0.87 against Tether’s USDT stablecoin and 0.76 against Circle’s USDC on Binance, the main exchange where FDUSD is listed. The token has stabilized around $0.98 later, still trading below its supposed price anchor. The sudden price action happened as CoinDesk earlier Wednesday reported that some of the TrueUSD stablecoin’s reserve assets were stuck in illiquid investments, according to filings. Tron founder Justin Sun…
Backpack, a crypto exchange founded by former FTX executives, has initiated the fund claim process for FTX’s EU customers as part of the ongoing global efforts to distribute FTX bankruptcy recovery funds. On April 1, Backpack announced the launch of a two-step process for customers to claim their euro funds. Step 1, identity verification, is now live, while Step 2, the withdrawal of funds, will be announced soon. Former FTX EU customers may now begin the two-step process to claim their Euro funds via Backpack EU.Step 1, identity verification, is live.Get Verified: https://t.co/qvUDpbsEdQ pic.twitter.com/ECcHFumG18 — Backpack 🎒 (@Backpack) April 1,…
Michael Saylor, a co-founder and executive chairman of MicroStrategy Bitcoin-focused behemoth, has taken to his account on the X social media platform (widely known as Twitter in the past) to deliver an enigmatic BTC-themed message to the millions of his followers. A day before, Saylor celebrated his 60th birthday, sharing his “only birthday wish” with the community. “Big Strategy Day” announced by Saylor Saylor published a tweet saying “₿ig Strategy Day” without going into much detail and triggering a puzzled reaction from the Bitcoin community. However, it is definitely about Bitcoin, since the “B” letter in the tweet has two…
Orbs has integrated its Perpetual Hub with IVX, a trading platform on Berachain known for high-leverage futures and 0DTE options. This partnership gives IVX access to Orbs’ advanced trading tech, helping traders get better prices, faster execution, and more efficient use of their funds—all while staying fully decentralized.—Elevating On-Chain DerivativesWith Orbs’ Perpetual Hub now live on IVX, traders gain access to a range of powerful features: faster order matching, deeper liquidity, and tighter spreads. This creates a smoother and more efficient experience for anyone trading perpetual futures or crypto options. IVX’s Diem AMM allows users to trade 0DTE options on…