Author: NBTC
This is a segment from The Drop newsletter. To read full editions, subscribe. When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead? Crypto founders at Ronin and Avalanche clashed over the issue on X this week. In light of Off The Grid’s GUN token launch on Monday and perceived success as a blockchain game thus far, Ava Labs founder and CEO Emin Gün Sirer declared: “AVAX won gaming for sure. If you’re developing…
Binance keeps drawing higher stablecoin deposits, reaching a record level of ERC-20 reserves. The exchange leads leveraged trading, where stablecoins are key to building new positions. Binance remains the leader for stablecoin reserves, as most traders picked the market operator as their main trading venue. Inflows of stablecoins boosted derivative markets, setting up the stage for peak available liquidity. The inflows of stablecoins into Binance went vertical in the last months of 2024, but slower growth continued in the first quarter of 2024. Despite the market slowdown, the supply of stablecoins remains high, and the assets are waiting on the…
Get ready for a game-changer in the crypto gaming universe! The gaming world is buzzing with excitement as Ultra, a pioneering blockchain-based gaming platform, has announced that the legendary Grand Theft Auto Online is making its way to their ecosystem. Yes, you heard that right! Imagine the sprawling open-world chaos of Los Santos, now supercharged with the decentralized power of blockchain. This isn’t just another port; it’s a revolution in how we experience online gaming. Let’s dive into what this groundbreaking announcement means for gamers and crypto enthusiasts alike. What Makes GTA Online on Ultra a Sensational Leap for Crypto…
British multinational bank Standard Chartered predicts that Bitcoin (BTC) will soar to $500,000 before Donald Trump leaves office as President of the United States. This price increase, the bank believes, will come as the result of a friendlier regulatory environment and greater access to the asset. Standard Chartered believes that Bitcoin will hit $200,000 in 2025, steadily increasing to $300,000 in 2026, $400,000 in 2027, and then $500,000 in 2028—when it believes BTC will plateau in the next year. Bitcoin currently sits at $98,600, a 43% increase from its price of $68,800 before Trump secured electoral victory in November. Standard…
Chainlink has recently launched its DeFi Yield Index to showcase real-time lending rates in DeFi, marking the start of multiple index offerings to establish itself as a major provider in cryptocurrency. Decentralized Finance lending has grown to $47B in total value locked across hundreds of protocols as of January 2025. Chainlink, a leading provider of decentralized oracle networks, is making strides toward becoming the go-to benchmark index provider for the cryptocurrency market. Through its Chainlink DeFi Yield Index (CDY Index), the platform seeks to enhance transparency, efficiency, and accessibility within decentralized finance (DeFi). To date, Chainlink’s oracle network has played…
Republican candidates Jimmy Patronis and Randy Fine secured victories in Florida’s special congressional elections Tuesday night, extending the GOP’s narrow House majority with significant backing from crypto industry super PACs. Fine captured 56.7% of the vote in Florida’s 6th District against Democrat Josh Weil, while Patronis won Florida’s 1st District with 57% against Gay Valimont. Both campaigns received substantial support from Defend American Jobs, a Republican-focused crypto PAC operating within the broader Fairshake political funding network. Those wins represent yet another victory for crypto industry interests. Patronis and Fine “have shown a deep commitment to advancing pro-growth policies and ensuring…
South Korea’s leading cryptocurrency exchange Upbit has announced that it has expanded trading options for users by adding Compound (COMP) to its KRW market. Upbit Adds Market Support for KRW Trading Pair (COMP) Starting April 1, 2025, at 16:35, traders will be able to directly buy and sell COMP using South Korean won (KRW) on the Ethereum network. Upbit advised users to carefully verify the correct network before depositing funds. Trading Restrictions at Launch To ensure a smooth listing process, Upbit has implemented temporary trading restrictions for COMP: Purchase Restriction: Purchase orders will be disabled for the first five minutes…
Crypto enthusiasts might have heard of the ERC-20 token standard, which provides guidelines to ensure that tokens created on the Ethereum smart contract blockchain are compatible and can interact with other tokens and applications within the network. A similar standard for>Vana, an EVM-compatible Layer 1 blockchain that helps users monetize personal data by bundling it into DataDAOs for AI model training, introduced the new standard early this week to boost trust and transparency in the market for data-backed digital assets. “For data markets to work, tokens must be reliable, secure, and useful. As a universal standard for data-backed tokens, VRC-20…
Federal Judge Beryl Howell has allowed the Department of Government Efficiency (DOGE) to keep hold of the United States Institute of Peace (USIP) headquarters building, worth an estimated $500 million, according to a ruling issued on Tuesday. This decision follows several days of controversy over the building’s status. Although the formal dispute continues in court, the judge stated that the building transfer has already taken place and thus cannot be undone at this time. On Saturday, officials associated with DOGE transferred the USIP headquarters, located in Washington, DC, to the General Services Administration (GSA). Judge Howell wrote that the transfer…
Binance has launched a referral campaign, offering $290,000 in rewards across selected cryptocurrencies, such as Shiba Inu and Dogecoin. The world’s largest crypto exchange announced the promo today, emphasizing that the referral program will run from April 1 to April 30, 2025. During this period, Binance users can earn a share of the $290,000 prize pool in SHIB and DOGE rewards by referring new users or activating existing referrals to trade on the platform. In addition to SHIB and DOGE, Binance plans to randomly distribute the rewards in other cryptocurrencies, such as BNB and PEPE. Binance Referral Program The referral…