Author: NBTC

Community Gaming, the leading competitive gaming platform for tournaments, announced a strategic partnership with Mantle Network, a Layer-2 blockchain solution designed to scale Ethereum. This collaboration aims to enhance the gaming experience by leveraging Mantle’s fast transaction speeds and low gas fees, making it the perfect match for scaling its competitive ecosystem. Community Gaming (CG) provides a practical use case of blockchain technology that simplifies onboarding and solves real gaming problems. CG’s automated solution uses smart contracts, allowing instant payment distribution to thousands of players in a single event. Level up! Welcome to Mantle Ecosystem, @CommunityGaming 🎮CG showcases how blockchain…

Eight fund issuers are currently waiting for the U.S. Securities and Exchange Commission (SEC) to give its final approval for them to list and launch exchange-traded funds (ETFs) that will track the spot price of Ethereum (ETH). There have been speculations on how much capital inflows the launch of these products would bring into cryptocurrency funds. Ethereum Spot ETFs Will See up to $5 Billion of Inflows In a new report, cryptocurrency exchange Gemini opined that these new funds could attract $3-5 billion in net inflows within just the first six months of trading. This positive outlook follows the successful…

Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and Gold ETF, managed by Tidal Investments and Quantify Chaos Advisors, seeks to leverage the low correlation between bitcoin (BTC) and gold to create a more stable investment outcome. For every dollar invested, the fund provides approximately one dollar of exposure to bitcoin and one dollar…

IOTA introduces EVM Mainnet, enhancing blockchain capabilities for real-world asset integration. Launch includes smart contracts, cross-chain functionality, and strong infrastructure support. According to Today’s IOTA’s EVM Mainnet Unleashed update, as of June 4, 2024, IOTA has officially launched its EVM (Ethereum Virtual Machine) Mainnet. Recent infrastructure upgrades and new tools are set to enhance the functionality and adoption of the IOTA EVM. This update follows the recent CNF post about IOTA’s EVM Leap: Next-Gen Infrastructure Upgrades Unveiled. Collin Brown, a prominent member of the crypto community and blockchain expert, highlighted the announcement of the EVM-compatible Layer 2 solution, IOTA EVM,…

Stablecoins regulations introduced across the European Union have prompted questions about the U.S. plans for fiat-pegged tokens. Shifting political conditions in the U.S. have spurred more crypto-friendly regulatory efforts. However, a bill approved by Congress and the White House remains an ongoing endeavor. “I am afraid crypto regulations will be pushed down the agenda towards 2025,” Fideum CEO and co-founder Anastasija Plotnikova told crypto.news in an interview. Plotnikova predicted the U.S. is on course for comprehensive stablecoin regulations regardless of who wins the elections unless “half-baked legislations” are rushed through in the coming weeks. Stabolut founder Eneko Knörr thinks legislation…

Bitcoin mining company Bitdeer is integrating high-performance computing and AI technologies while prioritizing transparency and vertical integration to revolutionize the mining industry. With U.S. presidential candidate Donald Trump’s ambitious plans to mine all future Bitcoin in the U.S., Bitcoin mining has become a pivotal element in his bid for the presidency. Talks of crypto and Bitcoin mining are dominating political campaigns and procedures. The marriage of Bitcoin mining with cutting-edge technologies like Artificial Intelligence (AI) and high-performance computing (HPC) is reshaping the industry. Publicly traded miners are exploring these technologies to diversify revenue streams and ensure sustainable growth. Bitdeer, a…

Ethereum is primed to mount a comeback against Bitcoin this month after underperforming its sibling cryptocurrency since the start of the year, according to K33 Research. On the one hand, the leading smart contract platform is poised to receive its first US-listed spot exchange-traded fund (ETF) in July, inviting a tidal wave of new institutional demand into ETH. Meanwhile, Bitcoin holders are awaiting a 141,686 BTC ($8.8 billion) distribution from defunct Bitcoin exchange Mt. Gox—a looming tsunami of potential sell pressure now ten years in the making. “The chickens of 2014 have come home to roost,” wrote K33 Research in…

BlackRock, the world’s largest asset manager, has just launched an ETF that offers 100% downside protection to investors. The new ETF (MAXJ) will have its maximum gains capped at 10.6% while protecting against the downside for a duration of 12 months. At a time when interest rates are high, presidential elections around the corner and a lot of uncertainty with regards to the economy, the 100% downside hedge ETF provides investors a way to benefit from the market rally without any downside. Rachel Aguirre, the head of US iShares product at BlackRock had this to say about the new ETF:…

Both SocialTensor and NicheTensor have been working on enabling the mass adoption of decentralized artificial intelligence (AI) tailored to individual needs. The new entity formed after the subnet merger will operate under the name SocialTensor. The integration of the two entities will strengthen the Bittensor ecosystem as an AI hub. SocialTensor, a web3 platform focused on developing realistic decentralized artificial intelligence infrastructure, has announced the first subnet merger on the Bittensor (TAO) blockchain with NicheTensor, an image and text generation platform. According to the announcement, the subnet merger on the Bittensor network will result in a new entity dubbed SocialTensor,…

Turkey’s Bitcoin (BTC) and cryptocurrency law came into force after being published in the Official Gazette on July 2. While it remains unclear how the provisions in this cryptocurrency law will affect the market, Turkish users and stock exchanges operating in Turkey, a statement came from TÜBİTAK after the CMB. Because according to this law, TÜBİTAK also has some duties. Stating that TÜBİTAK was given important duties in the status of technical consultancy in the bill regarding crypto assets accepted in the Turkish Grand National Assembly, TÜBİTAK said that all approval and decision authority belongs to the Capital Markets Board…