Author: NBTC
DRX has announced a strategic partnership with Terminus to broaden business growth and create new markets in the Web3 world. DRX is a project that specializes in sports in Asia, leveraging blockchain technology to redefine sports engagement and consumer experiences. With its native crypto asset, DRX Token, the project supports various programs that promote consumer engagement through gamification and rewards. On the other hand, Terminus is a metaverse network running on top of the BNB Chain. It enables users to browse/discover content and engage with others in real-time. Terminus x DRX Token: A Hyperdrive Web3 Partnership 🤝Across the neon-lit cosmos…
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. 800 million satoshis (8 BTC) currently worth over $874,000 at the time of writing, is being granted across 22 different projects around the world focusing on open-source development, educational initiatives, Bitcoin mining decentralization, and privacy tools for human rights advocates living under authoritarian regimes. The main areas of focus for these grants center around Latin America, Africa, and Asia While the HRF did not disclose how much money each project is receiving specifically, the following…
Stablecoin legislation may unlock a slew of new competitors for Circle and its USDC stablecoin in the U.S., but in the realm of decentralized finance, or DeFi, a serious rival is unlikely to emerge anytime soon, according to analysts at investment bank Compass Point. Although Tether’s USDT is king in emerging markets, Circle’s USDC stablecoin has a dominant presence across the crypto industry’s growing number of decentralized exchanges, lending protocols, and other DeFi settings, analyst Ed Engel and Joe Flynn wrote in a Wednesday note. Circle was set to debut on the New York Stock Exchange on Thursday, targeting a…
Floki Inu reveals FlokiTars NFT can be burned to unlock exclusive in-game features and rare Viking-themed items in Valhalla. Valhalla becomes an official partner of the Baroda Premier League 2025 with full branding across 24 cricket matches in India. Floki Inu is making a splash again. Through its latest announcement, the team behind this crypto meme project stated that NFT FlokiTars will play a major role in their metaverse game, Valhalla. Not just as a display in a digital wallet, FlokiTars will actually be the key to unlocking various features and bonuses in the game. The mechanism is simple: players…
The futures and options market, a proxy for big money, is increasingly backing ether ETH$2,651.03 over bitcoin BTC$108,826.70 in a major market shift.Bitcoin, the leading cryptocurrency by market capitalization, recently reached record highs of over $ 110,000. According to CoinDesk data, the cryptocurrency has gained over 16% this year, drawing strength from the macroeconomic factors and persistent inflows into the spot bitcoin exchange-traded funds. Meanwhile, ether has dropped 20% this year despite its parent blockchain, Ethereum, maintaining its pole position in the decentralized finance (DeFi) and tokenization markets. The performance gap, however, may be closed in the near term as…
A new report by the Bitget Wallet shows that users in emerging markets use crypto wallets for everyday payments much more than those in the developed world. Emerging markets are leading crypto adoption in everyday transactions, a new report by Bitget shows. On Wednesday, May 28, Bitget Wallet shared a report detailing how users across the world engage with their wallet. Notably, the report shows a rise in day-to-day use cases for crypto, especially in emerging markets. You might also like: The dollar is no longer issued, it’s minted by the internet | Opinion Bitget’s report is based on responses…
Loopring, the Ethereum layer-2 and layer-3 zero-knowledge rollup, has announced it will sunset its wallet operations by the end of June 2025. According to the Loopring (LRC) team, the Loopring Wallet will go offline permanently on June 30, with users advised to use the intervening time to withdraw their assets. “Today, we’re sharing some difficult but necessary news: Loopring Wallet will officially cease its operations by the end of June 2025,” the cryptocurrency platform said in an announcement. The shutdown of Loopring Wallet means the wallet’s smart user interface, accessible via mobile, will no longer be available after the stated…
David Sacks, the White House’s AI and crypto czar, is making it clear that the Trump administration is all in on crypto. In a Fox Business interview on May 27, Sacks said, “Cryptocurrencies are the future financial system,” and emphasized the need to promote the industry. He pointed to big progress in the first 100 days, including reversing what he called years of anti-crypto policies and delivering on campaign promises. Recently, he accused Senator Elizabeth Warren of being an autopen in Biden’s era to stop innovation following her anti-crypto stance. This war inside the political arena came after Warren openly…
Synthetix (SNX) is facing ongoing challenges in South Korea, as major exchanges Upbit and Bithumb have extended its “cautionary asset” designation through June 24, 2025. This classification, mandated by the Digital Asset Exchange Alliance (DAXA), keeps SNX under intense scrutiny due to concerns about potential regulatory or operational issues. Consequently, SNX deposits on these platforms remain halted, and traders are advised to be extremely cautious. 신세틱스(SNX) 거래 유의 종목 지정 기간 연장 신세틱스(SNX/BTC)의 거래 유의 종목 지정 기간이 DAXA에 의해 2025-06-24(화) 15:00 (KST) 까지 연장되었습니다. Investment warning period for Synthetix(SNX/BTC) has been extended until 2025-06-24 15:00 (KST) by DAXA. 🔗…
The total market cap of the 13 U.S.-listed miners that JPMorgan tracks rose almost 20% in May, as bitcoin BTC$104,157.04 rallied and mining profitability increased, the bank said in a research report Monday.The Bitcoin network hashrate rose about 25 exahashes per second (EH/s) to an average of 897 EH/s last month, according to the report. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. Mining profitability improved in May. The bank estimated that “bitcoin miners earned an average…