Author: NBTC
This is a segment from The Drop newsletter. To read full editions, subscribe. Ember Sword, a crypto MMORPG in development, has been cancelled. They say it’s because the team couldn’t get more funding for the game. Ember Sword once used Polygon, then the Immutable X chain, then Mantle, asking early NFT buyers to migrate their assets from chain to chain over the years. “In today’s market,” the team wrote in a message, all that’s left of its now-wiped website, “we couldn’t find a path to keep building. Our journey, and the servers, will go offline.” So how much funding did…
For some days now, there have been several positive signals regarding the price of Bitcoin, which, however, is not rising today. In reality, several analysts did not expect a rise today, while things change if you look a little further ahead. It is therefore necessary to make a clear distinction if one wants to understand why, despite the positive signals, the price of Bitcoin is not rising today. The history of Bitcoin up to today The short term The medium term The history of Bitcoin up to today The key to understanding this apparent contradiction is the separation of the…
Ethereum’s Pectra upgrade, live since May 7, marks a major leap in staking, scalability, and smart wallet functionality. Pectra slashed blob fees and doubled blob capacity, significantly enhancing Ethereum’s scalability and rollup efficiency. ETH market cap soared 42% post-upgrade, fueled by investor confidence and rising futures market interest. Ethereum’s long-awaited Pectra upgrade has already made its mark on the Proof-of-Stake network. Pectra – a portmanteau of Prague (execution layer) and Electra (consensus layer) upgrades intended to deliver a raft of significant improvements – has occupied an oversized presence in the Ethereum mindshare since going live on May 7. And it’s…
Nvidia is building one of the world’s most powerful AI supercomputers in Taiwan, part of a wider plan unveiled Monday that also includes a new headquarters in Taipei. Speaking at the Computex trade show, CEO Jensen Huang revealed that Nvidia will work with Taiwan’s government and Foxconn’s Big Innovation Group to construct the new system, which will house over 10,000 of Nvidia’s next-generation Blackwell GPUs. The supercomputer will be deployed at the National Center for High-Performance Computing (NCHC) and support Taiwan’s leading academic institutions and Nvidia’s key chip partner, TSMC, as per a company statement on Monday. “We are growing…
NodeAI, a popular decentralized entity democratizing access to AI and GPU resources via blockchain technology, has started partnership with Fetch.ai, a prominent platform offering independent agent framework. The purpose of this collaboration is to revolutionize the AI computing in the decentralized setting while offering advanced AI agents. The platform revealed this mutual initiative on its official social media account. 🤝 New Partnership: @Fetch_ai x @NodeAIETHhttps://t.co/euTvhdiJC6’s cutting-edge autonomous-agent framework is integrating directly into the NodeAI platform, tapping our decentralized network of 100K+ GPUs for unstoppable scale ⚡️Deploy smarter agents, train faster models,… pic.twitter.com/ErPHAplOHw — Node AI | $GPU (@NodeAIETH) May 15,…
MetaDOS announces its groundbreaking collaboration with GaFin to energize the landscape of Web3 gaming. This partnership strives to merge immersive Web3 Battle Royale gameplay with a reward-focused and thriving community experience. This advanced move aims to introduce next-gen engagement to the gaming scene of blockchain. 🤝 MetaDOS x @Gafin_io : Strategic Partnership Announcement 🔗MetaDOS is proud to announce our strategic partnership with @Gafin_io — an innovative on-chain gaming platform dedicated to empowering both players and game developers in the Web3 gaming space.🚀 Together, we… pic.twitter.com/nYP6G2nuLu — MetaDOS (@MetaDOS) May 22, 2025 MetaDOS, a Web3 Battle Royale game, has announced this…
Last week, alarm bells rang over a proposal to relax data storage limitations via an operation code of Bitcoin script. It was a deceptively minor change to the policy of full node software that shed light on the corporate interests encroaching on Bitcoin’s technical development. Instead of rubber-stamping the idea, technical Bitcoiners sprang into action, whipping up support for their side of the debate. Critics revealed the commercial interests of companies like Citrea and an assortment of zero-knowledge (ZK) and Bitcoin virtual machine (BitVM) companies that are pushing developers to raise data storage abilities. In a sly request to tweak…
As Ethereum falls below $2,400 and trades under the 200-day EMA, technical analysis warns of a potential correction to $2,200. With Bitcoin dropping back below the $103,000 mark, Ethereum is now trading at $2,400. As the broader market correction gains momentum, Ethereum faces the risk of a deeper decline toward the $2,200 level. Ethereum Price Analysis On the daily chart, Ethereum’s price action shows a bullish breakout from a falling channel pattern, completing a rounding bottom formation. The neckline of this bullish pattern aligns with the 50% Fibonacci retracement level near $2,700. However, the failure to break above the neckline…
Crypto investment products brought in $785 million in inflows last week, pushing year-to-date totals to $7.5 billion and marking a full recovery from the nearly $7 billion withdrawn during February and March’s market correction. The rebound was led by U.S.-based investors, who contributed $681 million, followed by $86.3 million from Germany and $24.2 million from Hong Kong. The latter saw its largest inflow since November 2024, according to CoinShares’ latest Digital Asset Fund flows report. Bitcoin BTC$102,268.98 products attracted the lion’s share of last week’s inflows at $557 million. That’s a step down from the previous week and comes as…
RIZE, the native token of the RWA tokenization project T-RIZE, saw a steep price drop just a day after going live on major exchanges. According to CoinGecko, RIZE plunged nearly 48% in 24 hours, trading around $0.046 as of May 16 morning Asian time. The price action follows just a day after RIZE secured a listing on tier-1 centralized exchange Kraken on May 15, 15:00 UTC, coinciding with its Token Generation Event (TGE) and mainnet launch. The token was launched on the Base blockchain, an Ethereum Layer 2 network developed by Coinbase. Alongside Kraken, the token also secured a listing…