Author: NBTC

In this post: Unstoppable Domains partnered with the OG Foundation to launch the .ROBOT domain. The domain will span humanoid machines, industrial cobots, gaming NPCs, automation platforms, and AI-powered digital agents. OG Foundation revealed it secured $384 million in funding and is dedicated to powering an internet of intelligent agents. Unstoppable Domains has partnered with the OG Foundation to launch a new domain called .ROBOT. According to the company, the domain is available for pre-sales and is a Web3-only naming service. The leader in Web3 said .ROBOT domain provides a universal identity layer for the robotics revolution. The domain will…

Summary Ethereum does not just disappear after token burn, it can be issued in the form of Burned ETH or BETH. The Ethereum Community Foundation’s Zak Cole created BETH to keep a tokenized record or proof of burns. BETH is not redeemable for Ethereum at any point in the future; it is simply a receipt for burned Ether, raising questions about its value. Ethereum co-founder Joseph Lubin believes BETH will see community adoption in the future. It remains to be seen how the market prices BETH and whether the token drives demand among Ethereum holders. Ethereum’s EIP-1559 upgrade has led…

U.S. stocks are bidding for a positive flip after opening on a muted note on Thursday, with Nasdaq slightly up amid Wall Street’s reaction to Nvidia earnings and the latest jobs data release. Summary Nasdaq saw slight gains but hovered near the flatline. Dow Jones Industrial Average and S&P 500 also wavered as early signs of an uptick fizzled. U.S. economy grew and weekly jobless claims fell Wall Street was mixed in early trading on Thursday as the Dow Jones Industrial Average remained subdued with -60 points, and the S&P 500 hovered flat. Meanwhile, Nasdaq inched just above the flatline.…

Brian Quintenz, President Donald Trump’s long-stalled pick to head the CFTC, escalated a spat with Gemini founders Tyler and Cameron Winklevoss Wednesday, publicly posting what he said were screenshots of conversations with the twin crypto entrepreneurs regarding their reported attempts to derail his nomination. The images show what appears to be a text conversation on messaging app Signal between Quintenz and the Winklevosses on July 24. Decrypt reached out to a Gemini representative to confirm the accuracy of the screenshots, but did not immediately receive a response.  In the conversation, the Winklevoss brothers grill the nominee over his reaction to,…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. In his work on the pre-800 AD Classic Maya economy, the historian Philip Curtin recounts a striking finding: Archaeologists measured the ratio of cutting length to weight in obsidian blades and discovered that the ratio varied inversely with distance from obsidian sources. The economist Deirdre McCloskey cites this as evidence that the human impulse toward exchange and profit-seeking gain has always existed. “If Mayans lived in a gainless, profitless, nonmarket economy, it would not matter to them how expensive obsidian was. But…the ratio varied inversely with the…

Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court documents show.  Documents filed Wednesday show the scrapped case, brought in June by shareholders Abhey Parmar and Zhenqiu Chen, had alleged breaches of fiduciary duties, unjust enrichment, abuse of control, and gross mismanagement in the company.  The dismissal comes just weeks after a different class-action lawsuit accusing the company of misleading shareholders about how new accounting rules would affect its profitability was scrapped. That lawsuit, filed in May, was similar to the June one dismissed Wednesday. A number of law firms and stockholders this…

Forks are Ethereum’s way of upgrading or occasionally fracturing the network, and each one sets off a different chain reaction inside a CFD account than it does in a spot wallet. Below we streamline the topic into four dense sections, focusing on pricing mechanics, broker practices, real-world case studies, and a tactical game plan you can apply before the next split. Fork Mechanics and How They Filter Into a CFD Quote Ethereum forks come in two flavors. Routine upgrades (London, Shapella) replace the old rules without leaving a parallel chain behind, while contentious forks (DAO 2016, ETHW 2022) create two…

In an exciting development for the digital finance world, Rain, an innovative Stablecoin Payment Platform, recently announced a substantial Series B funding round. The company successfully raised an impressive $58 million, signaling strong investor confidence in its mission to revolutionize payments. This significant capital injection positions Rain to accelerate its growth and further develop its cutting-edge solutions in the stablecoin space. What Does This Funding Mean for Rain, the Stablecoin Payment Platform? Rain’s recent $58 million Series B funding round is a massive vote of confidence from prominent investors. Sapphire Ventures led this crucial investment, underscoring the growing interest in…

Keith Kelley, a Republican state senator representing Alabama’s 12th district, is sounding the alarm for the potential impact of the federal stablecoin bill, the GENIUS Act, two months after it was signed into law by US President Donald Trump. In a Wednesday op-ed for 1819 News, Kelley said there was a loophole in the GENIUS Act that, if exploited, could “devastate” the economies of rural areas like many in Alabama. According to the senator, the bill would allow “cryptocurrency platforms to distribute financial rewards,” incentivizing people to withdraw funds or close accounts at small community banks in the state. “Unlike…

Creatachain, a cutting-edge L0 modular blockchain, has partnered with REI Network, the blockchain network built by GXChainGlobal. The partnership aims to improve multichain interoperability within the Web3 sector with the Lunar Link technology. CreataChain’s official announcement discloses that the collaboration endeavors to enable streamlined connectivity across diverse blockchains. Hence, this move is anticipated to drive the adoption of real-world applications, gaming, and decentralized finance (DeFi). ⚡🤝🌍 Scalable Web3 Meets InteroperabilityWe’re excited to partner with @GXChainGlobal — the team behind REI Network, a zero-fee, EVM-compatible blockchain powering next-gen DeFi, gaming & real-world apps with speed and scalability.With CreataChain’s Lunar Link, REI…