Author: NBTC

While most firms treat NFTs as marketing gimmicks, GameSquare is flipping the script, deploying them as financial instruments. Its new $10 million yield program transforms Ethereum-based digital assets into revenue generators, marking a risky but innovative leap in corporate crypto strategy. On July 21, GameSquare announced the expansion of its crypto treasury program to $250 million, including a dedicated $10 million allocation toward a novel NFT yield strategy. The move follows a $30 million purchase of Ether (ETH), bringing its total holdings to over 10,000 tokens. Rather than holding these assets passively, the company plans to actively deploy them across…

More than $152 million worth of Ethereum short contracts were liquidated as the price of ETH kept climbing on Wednesday. At $152 million, the liquidated Ethereum shorts account for more than half of the $251 million worth of crypto shorts that have been rekt in the past day. ETH traders are going bust at a faster clip than Bitcoin derivatives traders, too. Over the past day, Bitcoin’s more conservative 1.6% gain has left only $34 million worth of liquidated shorts in its wake. Ethereum was recently up nearly 9% over the past 24 hours to change hands at more than…

H100 Group AB has joined the Frankfurt Stock Exchange, adding to its existing listing on Sweden’s NGM Nordic Growth Market, as the company moves up to 44th place among the world’s largest public Bitcoin treasury holders. H100 Group AB, a Swedish health technology company with a Bitcoin Treasury, has officially begun trading on the Frankfurt Stock Exchange as of July 22 under the ticker symbol GS9. The listing, conducted in euros and without the issuance of new shares, marks a key milestone in the company’s international expansion. H100 was already listed on Sweden’s NGM Nordic Growth Market under the ticker…

As part of its compliance-focused efforts, Chainlink introduced the Automated Compliance Engine (ACE), a modular framework that embeds regulatory policies directly into smart contracts. A key feature of ACE is the Cross-Chain Identity (CCID) framework, which allows users to reuse cryptographic proofs of KYC/AML credentials across platforms. Chainlink Labs is now an official member of the U.S. Securities and Exchange Commission (SEC) Crypto Task Force in the effort to create industry-wide standards for the compliant creation and sale of tokenized assets. The collaboration also involves such major players as ERC3643Org, Enterprise Ethereum Alliance, Etherealize, and LF Decentralized Trust. Chainlink To…

Ethereum (ETH), the leading altcoin, topped the $3,300 level for the first time since Feb. 1 earlier today on the Bitstamp exchange. The top cryptocurrency reached an intraday peak of $3,371, surging by 7%. The altcoin has substantially outperformed Bitcoin over the past two days, with the ETH/BTC pair soaring by a whopping 15%. The pair has now surpassed 0.028 BTC, which is the highest level since February. According to Lookonchain, a major whale recently closed all ETH shorts before being liquidated, losing a whopping $8.4 million in a single day. Overall, more than $56 million of ETH shorts have…

In a significant development for the intersection of Web3 and traditional industries, Blockskye, a pioneering force in blockchain-based travel infrastructure, has just announced a remarkable achievement. The startup has successfully closed a Series C funding round, raising an impressive $15.8 million. This substantial investment not only underscores the growing confidence in blockchain’s real-world applications but also signals a transformative era for the global travel sector. For anyone invested in the future of cryptocurrencies and enterprise solutions, this news highlights a pivotal step towards mainstream adoption and efficiency. Understanding Blockskye: The Core of Blockchain Travel At its heart, Blockskye is not…

The cryptocurrency world is no stranger to significant movements, but when a single crypto investor starts shifting billions of tokens, it grabs everyone’s attention. Recently, the digital asset community has been buzzing about a substantial series of PUMP token deposits made by a prominent holder, primarily to the Bybit and Binance exchanges. This isn’t just a minor transaction; it’s a strategic maneuver involving a staggering 9 billion PUMP tokens, prompting questions about market implications and the future of this intriguing asset. Who is This Mysterious Crypto Investor Behind the PUMP Token Deposits? According to insights from Lookonchain on X, a…

Trump Media & Technology Group has purchased $2 billion in Bitcoin and BTC-related securities for its corporate treasury, the company said Monday in a statement. The publicly traded firm’s BTC holdings now account for the majority of its $3 billion in liquid assets, a company representative said Monday. Trump Media plans to use its Bitcoin to “generate revenues and potentially to acquire additional crypto assets,” according to the statement. “These assets help ensure our Company’s financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token we’re planning to introduce across the Truth…

Ethereum (ETH) has breached the $3,400 mark for the first time in over six months, signaling a strong bullish rally. While the milestone has prompted some investors to engage in profit-taking, others are aggressively accumulating ETH, reflecting divergent strategies. SharpLink Gaming and World Liberty Financial Boost Ethereum Holdings BeInCrypto reported yesterday that Ethereum rose to become the 30th largest global asset, overtaking Johnson & Johnson. Furthermore, analysts displayed high optimism about its prospects, and ETH appears to be living up to those expectations. Yesterday, the altcoin’s price surged to over $3,424 before dipping slightly. Still, over the last 24 hours,…

In a significant move poised to reshape its future, The Smarter Web Company (SWC), a prominent UK-based web development firm, has announced an ambitious accelerated bookbuild to raise a minimum of £15 million. This strategic capital injection is set to propel the company into its next phase of expansion, signaling robust confidence from institutional investors in the burgeoning digital landscape. For anyone tracking the pulse of tech innovation and strategic financing, this development offers a compelling case study. Understanding the Strategic Share Placing UK Initiative What exactly does it mean for a company like SWC to launch a £15 million…