Author: NBTC
What’s Crypto Twitter buzzing about now? A game built around Crypto Twitter, believe it or not—one offering sizable rewards and incentives for players. Fantasy Top is captivating the crypto faithful by transforming the industry’s biggest and buzziest social media personalities into Ethereum NFT trading cards on scaling network Blast. Players can crush rivals by creating card lineups that have the best real-world Twitter engagement during each competition, and earn crypto and in-game prizes in return. Crypto’s biggest tweeters have excitedly embraced it, promoting their own in-game cards or sharing their lineups, as well as bragging about how much their NFTs…
The Dogecoin community is abuzz, with one of its vocal members, Mishaboar, sharing enthusiasm for the latest Dogecoin core release, version 1.14.7. This new update is particularly significant for merchants, as it brings a host of enhancements and security updates that are poised to improve the overall functionality and safety of Dogecoin transactions. In a new tweet, Mishaboar urges merchants or providers of services on Dogecoin to update to the latest Dogecoin Core 1.14.7 release, as the “estimatefee” and “estimatesmartfee” methods have been updated and are now maintained and tuned to follow Dogecoin parametrization. Hurray! Update to #Dogecoin Core 1.14.7…
In a revolutionary move, Commodity Futures Trading Commission (CFTC) Commissioner Caroline D. Johnson has put forward a series of recommendations aimed at the intersection of artificial intelligence (AI) and decentralized finance (DeFi). This proposal marks a crucial moment for regulatory approaches to emerging technologies in the financial sector. Commissioner Johnson’s initiative not only outlines potential frameworks for AI in financial services, but also emphasizes the importance of integrating these advancements within the rapidly evolving DeFi ecosystem. The Context of AI in Financial Regulation and the Role of DeFi Recommendations and Key Strategies Implications and Future Perspectives The Context of AI…
For all of the triumphs of 2024, Bitcoin (BTC) has lately been struggling to maintain any sort of positive momentum. Indeed, after tapping a new all-time high (ATH) at $73,000 in March, the world’s premier cryptocurrency has experienced a notable correction which – at the height of the Israel-Iran war scare – even saw if fall below $60,000. While the situation has somewhat stabilized since, and BTC managed several days of positive – if highly volatile – trading it is not only trading in the red again, but technical analysis (TA) reveals that an even greater pullback may be imminent.…
Miami — Hashnote, the first on-chain digital asset manager backed by Cumberland and DRW, is proud to announce its strategic collaboration with Paxos, a leading regulated blockchain infrastructure and tokenization provider. This collaboration aims to meet the demands of market makers, traders, and institutions by integrating PayPal USD (PYUSD) into Hashnote’s yield-bearing USYC, fostering collateral efficiency.—Hashnote’s innovative approach leverages cutting-edge technology to facilitate instantaneous conversion between USYC and PYUSD through a two-way atomic settlement process. This integration provides Hashnote customers with seamless access to USYC, a yield-bearing token backed by investments in US Treasury Bills, repurchase (repo), and reverse repurchase…
During the latest G20 summit, India played a major role in pushing for global rules governing organisations over crypto assets. It noted that virtual currencies were transnational and therefore needed international cooperation to be well regulated and their wider macro-financial effects managed. Global efforts in crypto regulation MiCA regulation, set to be enforced in the European Union next year, may transform the crypto-asset landscape entirely. The Dubai International Financial Centre (DIFC), one of the leading financial hubs in the MEASA region, has introduced Digital Assets Law – the world’s first. Web3 technologies are what the UK government wants to pioneer,…
On Wednesday, founder and former CEO of MicroStrategy business intelligence giant Michael Saylor published another tweet about Bitcoin with an eye-catching image, most likely generated by AI. Unlike his other recent, similar tweets, this one has the Bitcoin community excited and has brought a wave of positive feedback to Saylor, who is now in charge of his company’s BTC-focused strategy after stepping down from its chief executive position. “Refreshing” Bitcoin tweet Saylor tweeted a red soft drink can that looks very much like Coca Cola but carries a “B,” as in “Bitcoin,” on it instead. “Bitcoin is refreshing,” the tweet…
Shiba Inu’s marketing lead, who prefers to be called Lucie, has taken to the X social media platform (formerly widely popular as Twitter). Lucie issued an important statement, addressing those projects on Shibarium that have been sending her FUD messages about the layer-2 network recently, criticizing it for lack of support for them, as well as lack of development and user activity. In the meantime, the layer-2 solution has seen a major spike in transaction count, rising from its recent critical lows. Lucie’s anti-FUD statement shakes community Lucie tweeted, addressing multiple FUD messages she has been receiving as of late.…
Bitcoin fell to intraday lows of $63,320 as bullish BTC traders appear to be scaling back their bets on the world’s largest cryptocurrency. Bitcoin peaked at $73,798 in mid-March but has since fallen about 14%, trading 4.15% lower at $63,806 at press time. Buyers’ enthusiasm for the leading cryptocurrency has waned, owing in part to increased risk aversion caused by anticipated delays in the Federal Reserve rate reduction. In the most recent episode, data from blockchain analytics platform Lookonchain revealed that approximately $26.3 million worth of BTC was offloaded in the hours leading up to a significant price drop. This…
BALD is a meme coin on Coinbase’s Base chain that was subject to a rug pull, and investors lost nearly $23 million. The meme coin’s developer burned approximately 600 million tokens on Tuesday, triggering 45% daily gains in BALD. BASE has seen a surge in meme coin prices in the past day. Coinbase’s BASE chain has seen a spike in its popularity due to the meme coin rallies in its ecosystem. Early on Tuesday, one of the earliest projects on BASE, the BALD meme coin, made headlines for a burn of 60% of its tokens. This is reminiscent of the…