Author: NBTC
Void Labs-backed Blade of God X (BoGX), a blockchain-powered action RPG that raised millions from top crypto investors, came under scrutiny after a public fallout between its core teams. On Tuesday, Amber Bella, former CMO of Blade of God X (BoGX), posted a series of tweets on X, formerly Twitter, accusing the game’s founder, Tnise Liu Yang, and the Web2 development team of mismanagement, reward manipulation, and cutting off the Web3 community that initially funded the project. “I must now confront the painful truth: this project has failed to deliver on the promises to the community,” she wrote, saying she…
Retail Bitcoin activity in APAC has outpaced the U.S. and Europe, driven by non-institutional participation, according to Gemini and Glassnode. The Asia-Pacific region retail traders are making moves in Bitcoin (BTC) while the U.S. lags behind. When excluding exchange-traded funds and exchange flows, retail activity in Asia is growing faster than in the U.S. and Europe, according to Gemini’s latest research report made in collaboration with Glassnode. Research at Glassnode analyzed transaction timestamps, linking BTC activity to working hours in different regions. The findings suggest that “retail activity in the APAC region has grown at a faster clip than other…
Layer 1 Berachain will airdrop just under 80 million of its BERA tokens to ecosystem and exchange users as the decentralized finance (DeFi)- focussed network goes live later on Thursday, per a release. The total initial supply of BERA is 500 million tokens, with 48.9% allocated for community engagement, including airdrops, ecosystem development, and research. The airdrop distribution included testnet users, social media participants, and other community members. Token allocations can be viewed on the Berachain airdrop checker as of Thursday morning and can be claimed using various EVM wallets like Metamask and OKX Wallet. “The BERA token distribution includes…
Michael Saylor, co-founder of MicroStrategy and its executive chairman, has announced that the company released its quarterly financial results report. The company’s most profitable business has been based on holding Bitcoin over the past four years. Now, Saylor has rebranded MicroStrategy to just Strategy with a Bitcoin logo added to it. Saylor turns his company into BTC-focused Strategy On February 5, Saylor first issued an enigmatic tweet, saying “₿ig Strategy Day,” which left the Bitcoin community guessing what Saylor and his team were up to. In the tweet that followed, Saylor clarified what he meant. New ₿rand, Same Strategy pic.twitter.com/r1LD5FdEjJ…
Shytoshi Kusama, the pseudonymous leader of the Shiba Inu ecosystem, has responded to a post ranking the top five crypto communities. The list, shared by TRENDY, a coin-ranking bot, features five communities, including one associated with Kusama. Specifically, the ranking highlights notable projects, including Shy On Solana (SHY), a project backed by Kusama. Other listed communities include Dogwifscarfcoin, an account currently suspended on X. Purple on Bitcoin, which combines Bitcoin’s security with Solana’s efficiency, JERKSTEVE, and Kekius Maximus CTO, also featured. Shiba Inu Developer Reacts 😇 https://t.co/q9JZ6o02dd — Shytoshi Kusama™ (@ShytoshiKusama) February 6, 2025 Kusama’s engagement with the post comes…
After the Czech National Bank (CNB) board approved a proposal to analyze the options for investing a portion of its reserves in Bitcoin (BTC), Governor Aleš Michl has attracted mixed responses. With around €7 billion on the line, which is the 5 percent of the CNB’s international reserves likely to be invested in Bitcoin, different reactions have emerged from various sectors led by fellow central bankers from the European nations. For instance, European Central Bank President Christine Lagarde has dismissed the idea of central banks in the bloc adopting Bitcoin as a strategic reserve asset. Lagarde recently noted that Bitcoin…
Brazil’s judiciary has authorized the use of non-fungible tokens (NFTs) to serve subpoenas to unidentified individuals in a high-profile crypto fraud case. The decision is tied to the bankruptcy case of BWA Brazil, a digital currency investment company accused of fraud involving 11,200 bitcoins, which are currently valued at approximately $900 million. The ruling comes against the backdrop of a legal plea to halt the statute of limitations on claims related to crypto assets allegedly purchased using creditor funds. A court-appointed trustee overseeing BWA Brazil’s bankrupt estate requested permission to serve digital subpoenas via NFTs. The tokens, containing legal documents…
Hut 8’s (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, allowing the company to focus on data center hosting, broker Clear Street said in a report Monday. The broker noted that the new unit will be included in the bitcoin miner’s financials, but the “businesses could be separated, allowing HUT to focus on high-margin data center hosting revenue.” Hut 8 is expected to secure more power and expand its data center hosting business, the report said, and the “potential to secure a hyperscaler” is a key catalyst for…
Highly followed Bitcoin maxi “Bitcoin Dad” suggests that the XRP price will go to zero by 2035. There is hardly any love lost between XRP holders and core Bitcoin proponents, also known as maximalists or maxis, and this does not look likely to change anytime soon. In the latest instance, one prominent market pundit has stoked the flames of the divide with price predictions for a decade from now. 10M XRP for a Ford Focus (2014) in 2035 Highly followed Bitcoin maxi “Bitcoin Dad” has implied that XRP will go to zero by 2035. In an X post on Wednesday,…
The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3. Magnas Mareneck, co-CEO at the newly-formed Interchain Labs, commented: “EUREKA! Cosmos Hub MAINNET has now sent its first live IBC transaction to Ethereum… and back! The content: 1 $ATOM. The message: i love cosmos” Barry Plunkett, co-CEO of Interchain Labs, posted: “First ethereum, then the world. Over the rest of the year, we’re…