Author: NBTC

American health technology company Semler Scientific announced that it purchased 581 Bitcoins for a total of $40 million. According to Prnewswire, the company also stated that it started accepting Bitcoin as a reserve asset. Eric Semler, president of Semler Scientific, said in a statement: “Our adoption of Bitcoin as a reserve asset and purchase of BTC underscores our belief that Bitcoin is a reliable store of value and an attractive investment. Bitcoin is now a major asset class with a market capitalization of more than $1 trillion. We believe it has unique properties as a scarce and finite asset that…

Liquid restaking protocol Renzo shared Tuesday that it has raised $17 million in a funding round, according to a press release shared exclusively with CoinDesk. The fresh capital, which took place over two rounds, was led by Galaxy Ventures in the first round and by Brevan Howard Digital Nova Fund in the second. Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens. Renzo is part of a new class of “restaking” protocols built on EigenLayer, which takes users’ ether (ETH) tokens, deposited or “staked” as security on the Ethereum blockchain, and then repurposes…

Solana Labs, the company that initially developed Solana, has launched a technology stack and “white-glove service” for businesses looking to launch customer loyalty programs on the blockchain. The platform, called Bond, is the third Solana Labs-developed product to hit the market, joining GameShift, which helps game developers create Web3 games, and Solana Mobile, which is currently accepting pre-orders for a second iteration of its Solana-integrated mobile phone. Bond’s website highlights digital collectibles and “product passports” as blockchain-enabled features of the service. And perhaps in a nod to the memecoin craze driving Solana’s recent usage spike, the site throws in as…

Crypto.com expands its support for Shiba Inu by allowing its users to fund their Visa Cards with SHIB. Crypto.com recently emailed customers to inform them about the development. The exchange also tweeted about the move, stating that users can now fund their Visa Cards with SHIB. Besides Shiba Inu, Crypto.com also supports more than 100 cryptocurrencies for the service, including Bitcoin (BTC) and Ethereum (ETH). 100+ tokens now supported to make it easier to fund your https://t.co/vCNztATkNg @Visa Card 💳 Now including meme coins like $SHIB, $PEPE, $FLOKI, and $WIF! Fund your Card now: https://t.co/AaE1nq6C8N pic.twitter.com/i8XK6Duulq — Crypto.com (@cryptocom) June…

Key Points: David Bailey discussed Bitcoin as a debt solution with Trump. Bailey’s actions are to support Bitcoin, not endorse Trump. “Can Bitcoin Solve US Debt?” was a question asked by Trump, according to David Bailey, CEO of Bitcoin Magazine, triggering discussions in the crypto space. David Bailey, chief executive officer of Bitcoin Magazine and a cryptocurrency advisor to the Donald Trump campaign, stirred up interest with his recent disclosure. Can Bitcoin Solve US Debt problem? During an online space on X (formerly Twitter), he said Trump had asked whether Bitcoin could help solve the staggering U.S. national debt, which…

Iran’s central bank is set to launch a pilot for its digital rial enabling cashless transactions for banking customers. The Central Bank of Iran (CBI), also known as Bank Markazi, has announced the operational phase of its digital currency known as digital rial in a bid to modernize and simplify domestic transactions. In a press release seen by crypto.news, the central bank says the pilot is slated for July, allowing banking customers and tourists on Kish Island to make purchases and transfer funds using digital wallets and QR codes. CBI says the digital rial will enhance the resilience and efficiency…

OKX’s native token, OKB, may possibly see a decline in its value. According to Blockchain analytics platform Spot On Chain, OKB tokens were sent to the wallet used by OKX for its token burn events. In an approved transaction, over $259 million worth of OKB tokens were transferred. Discover the potential implications of OKX’s latest token burn and its impact on OKB’s market value. Massive Token Transfer to Burn Wallet Earlier today, 5.73 million OKB tokens, valued at an approximate $259 million, were moved to the wallet OKX utilizes for its buyback and burn program. This transaction marks the 24th…

Binance is launching HODLer Airdrops, an exclusive campaign for BNB holders who are currently subscribed to its Simple Earn yield program. The initiative will reward users with tokens from projects that have a large token circulating supply and are planning to list on Binance soon. According to Binance’s announcement, the campaign aims to engage small to medium projects with strong fundamentals, a large circulating supply, and organic communities. The exchange will post announcements before each HODLer Airdrop begins, detailing the specifics of the token distribution. Binance will take multiple snapshots of user balances and total pool balances each hour to…

Since Bitcoin (BTC) reached new all-time highs earlier this year, traders have wondered how far BTC can go. In this context, a Bitcoin trader revealed his exit strategy for the leading cryptocurrency, which involves selling to retail investors. The trader’s account goes by the alias Wolf (@IamCryptoWolf) on X and has recently shown skepticism over Bitcoin price predictions. In particular, Wolf has criticized PlanB‘s $500,000 per BTC forecast, which has been massively reproduced by influencers. According to the trader, retail investors will “FOMO” into Bitcoin as the price surpasses $130,000, following higher expectations ($500,000). Notably, this is when Wolf says…

Sonic, a gaming-focused layer-2 blockchain atop Solana, has raised $12 million in a fundraising. The Series A round was led by Bitkraft and joined by investors including Galaxy Interactive and Big Brain Holdings, according to a press release. The money will be used for growth initiatives for the Sonic protocol, which comes with “built-in mechanisms designed specifically for game development and execution on Solana, such as a sandbox environment, customizable gaming primitives and extensible data types, all while boasting the fastest on-chain-gaming experience,” according to the press release. The project was built by the two-year-old infrastructure Mirror World Labs, led…