Author: NBTC
Telegram-based tap-to-earn (T2E) game Hamster Kombat announced the launch of its Hamster Network on February 25. The gaming-focused Layer-2 (L2) blockchain is built on The Open Network (TON). Hamster Kombat Unveils Its L2 Blockchain The announcement marks a significant milestone in blockchain gaming, with Hamster Network emerging as the first L2 solution specifically tailored for gaming within the TON ecosystem. Hamster Kombat intended to provide a highly scalable and low-cost infrastructure for decentralized gaming applications. According to the statement on X (Twitter), it would leverage TON’s technology to enhance Web3 gaming experiences. Hamster Kombat also expressed enthusiasm for the launch,…
Bitcoin’s recent dip below $87,000 has raised questions about its future trajectory. After breaching $100,000 a few months ago, Bitcoin is now stuck in a period of sideways trading. However, Bitcoin isn’t the only crypto asset affected by selling pressure; altcoins are also seeing prices fall. Wider market concerns about consumer confidence and inflation are putting pressure on both the stock and cryptocurrency markets. Tariff Threats Add to Crypto Market Uncertainty The overall market mood is further complicated by concerns about new tariffs the U.S. government is planning, specifically targeting Canada and Mexico. While the market had grown somewhat used…
Shiba Inu lead, Shytoshi Kusama, expresses his excitement for SHIB’s future, particularly focusing on the cryptocurrency’s transformative potential next year. With 2024 coming to a close in less than 48 hours, Kusama took to X to give Shiba Inu community members a hint of what to expect in 2025. Kusama’s Upcoming Podcast The enigmatic leader shed light on his upcoming podcast, which he suggests will showcase Shiba Inu’s potential. According to him, the podcast will feature 44 episodes, and he intends to communicate with the broader crypto community through it. He hinted at plans to talk about the technologies the…
The U.S. Securities and Exchange Commission (SEC) plans to remove the top leaders at its 10 regional offices as part of a broader cost-cutting initiative. As reported by Reuters, according to sources familiar with the matter, the SEC informed directors across these offices on Friday that their positions will be eliminated as part of a plan set to be submitted next month. This move is part of a larger push for cost reductions under the Trump administration, which has been focused on purging federal agencies and cutting expenses. The SEC, which oversees the U.S. capital markets, is responding to pressure…
Etherlink, a Layer 2 blockchain built on Tezos technology, has officially moved out of public beta and into full production readiness, signaling a major milestone for the platform. To celebrate this achievement and ignite activity throughout 2025, Etherlink announced a slate of initiatives at ETHDenver, including the $3 million Apple Farm rewards program and a dedicated builder’s program aimed at attracting developers to its ecosystem. The waitlists for both programs opened today, aligning with a surge of momentum that includes over $2 million in decentralized exchange (DEX) trading volume and the successful Bifröst network upgrade. The Apple Farm program, set…
Crypto veteran Arthur Hayes thinks Bitcoin’s (BTC) short-term price outlook will be decided by US politics. The BitMEX founder says on the social media platform X that it’s currently time to “chill out, retrace and wait.” “If Trump can’t pass his budget which spends more and hikes debt ceiling, resume capitulation to levels pre the election day victory: $75,000 to $70,000. This is test of how strong Trump’s hold is on the Republican party.” Source: Arthur Hayes/X Hayes also suggests that a lot of the hedge funds that bought BlackRock’s iShares (IBIT) spot Bitcoin exchange-traded fund (ETF) could sell soon…
Asset management firm Volatility Shares has filed with the U.S. Securities and Exchange Commission (SEC) to launch three new exchange-traded funds (ETFs) tied to Solana futures. However, the offering faces a unique hurdle, as no Solana futures products are currently available on any Commodity Futures Trading Commission (CFTC)-regulated exchange. According to the fund’s prospectus, the proposed ETFs would invest only in futures contracts traded on CFTC-registered exchanges. This is questionable since Solana futures contracts do not yet exist and there is no approved spot Solana ETF. “This is crazy,” Bloomberg ETF analyst Eric Balchunas said in a post on social…
Paradigm Operations LP has officially submitted a proposal to the U.S. Securities and Exchange Commission (SEC) Crypto Task Force, pushing for regulatory clarity on how to handle digital asset distributions through airdrops. This proposal is about growing concerns in the crypto market regarding the regulatory status of airdrops, a common method of distributing digital assets. The firm seeks clear guidelines from the SEC to help industry participants resolve the questions around the legal status of these distributions under U.S. securities laws. .@paradigm met last week with @HesterPeirce’s @SECGov Crypto Task Force, specifically to discuss airdrops + how the SEC should…
Gibraltar – Deploying a blockchain just got easier. Aurora Labs has unveiled a game-changing automation feature in its Cloud Console, allowing anyone—regardless of technical expertise—to launch a custom chain in under a minute, with zero manual setup.—This marks a major milestone in Aurora’s 2025 roadmap, which aims to revolutionize blockchain infrastructure within the NEAR ecosystem. By removing the barriers to custom chain creation, Aurora Cloud Console (ACC) empowers businesses and developers to spin up tailored blockchain environments instantly.Key Features of Aurora Cloud ConsoleOne-click deployment: No coding requiredCustomizable configurations: Permissions, base tokens, gas fees, and integrationsLive monitoring: Real-time transaction tracking and…
In a noteworthy move in the crypto market, an anonymous wallet has made a significant Ethereum ($ETH) withdrawal. As per the data from Lookonchain, the anonymous extracted $2.9M in $ETH and converted it to $VIRTUAL, raising speculations among the crypto community. Someone created a new wallet and withdrew 854 $ETH($2.9M) from #Coinbase to buy 851,387 $VIRTUAL. #VIRTUALhttps://t.co/18J5HC3x5P pic.twitter.com/D951MVZ2uC — Lookonchain (@lookonchain) December 29, 2024 This notable $ETH withdrawal and conversion indicates a substantial shift in overall investor activity. Moreover, the development also denotes greater confidence in the $VIRTUAL token. Hence, the lesser-known crypto asset $VIRTUAL is seemingly getting notable traction…