Author: NBTC

The European Data Protection Board has approved draft rules governing how personal data is stored and shared on blockchains, marking another step toward aligning decentralized technology with existing standards. The new guidelines limit access to stored information and comply with the General Data Protection Regulation (GDPR) protections, according to the EDPB, which ratified the rules this month and opened public comment until June 9. “Blockchains have certain properties that can lead to challenges when dealing with the requirements of the GDPR,” the EDPB said in a version of the guidelines available online. “The guidelines highlight the need for Data Protection…

Since bitcoin briefly dipped below global averages in South Korea on April 9, the past ten days have seen the coin fetch a premium, touching 2.97% above international benchmarks. Seoul’s Bitcoin Premium Hits 3% With fewer high-return domestic investment avenues, South Koreans often gravitate toward cryptocurrencies such as bitcoin. Ten days ago, amid a market jolt sparked by concern over U.S. President Donald Trump’s tariff ambitions, bitcoin changed hands at a 1.19% discount to the global mean on local exchanges. Since then, a premium—almost a fixture in Seoul’s market—has returned, peaking at 2.97% on April 15, according to cryptoquant.com metrics.…

The NFT market experiences swift development while newer NFT projects introduce competitive challenges to established collection rankings. Phoenix Group published a weekly sales volume report, which demonstrated changes in the market through emerging names utilizing multiple blockchains and active communities that rose up in rankings. TOP #NFT COLLECTIONS BY WEEKLY SALES VOLUME #Courtyard #DMarket #GuildofGuardians #CryptoPunks #PudgyPenguins #SolanaMonkeyBusiness #GoodVibesClub #Sorare #MutantApeYachtClub #DogeZuki #TaprootWizards #Panini pic.twitter.com/N1dl1oujlD — PHOENIX – Crypto News & Analytics (@pnxgrp) April 23, 2025 Courtyard Maintains the Crown with Steady Growth Courtyard holds the leading position in the sales rankings after accumulating $18.15 million in weekly revenue with…

Zora, the Ethereum-based platform known for its creator-friendly approach to non-fungible tokens and onchain content, has announced it will launch its long-awaited token, ZORA, on Apr. 23, 2025. According to an Apr. 21 post shared on X, the token distribution will be based on two snapshots of user activity. The first snapshot covers contributions from Jan. 1, 2020, to Mar. 3, 2025, while the second includes activity up to Apr. 20, 2025. These snapshots will help determine eligibility for a retroactive airdrop, part of a wider strategy to reward long-time creators, collectors, developers, and participants in the Zora ecosystem. $ZORA…

Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to secure short-term funding for its ongoing expansion. The publicly traded mining firm said in a press release it would draw on the facility over the next two months. The deal offers Riot, which currently holds 19,223 BTC worth over $1.8 billion, a line of credit that avoids issuing new shares. “This credit facility is a key part of our efforts to diversify sources of financing to support our operations and strategic growth initiatives, with a view towards long-term…

South Korea’s National Pension Service (NPS) is mulling over the prospect of turning to blockchain to streamline its accounting processes. A local news outlet reports that the NPS is opening the doors for blockchain service providers to pitch Web3-based solutions to the pension board. Currently, the NPS controls 1.2 trillion won (US$836 billion), and the bulk of the blockchain-based solution will revolve around its fund transaction systems. The NPS will seek solutions for increased security and transparency for its funds while streamlining deposits and withdrawal processes. Under the migration, every NPS transaction will be stored on a distributed ledger and…

Bitcoin ($BTC) ecosystem is currently presenting a promising scenario for bullish traders. As per the well-known crypto analyst going by “Axel Adler Jr,” long-term Bitcoin holders have decreased their total exchange inflow by only 1.1%, highlighting a least selling pressure. The crypto analyst took to social media to disclose the minimal selling pressure among the long-term $BTC holders. Long-term holders have eased their selling pressure on exchanges to just 1.1%. Should this decrease by another 0.1%, we’ll see a yellow bar indicator, signaling virtually no selling pressure in the market. We observed the highest LTH selling when Bitcoin reached $50K…

Developer activity is considered to be a key metric in gauging the long-term potential and health of blockchains. As per the data from the crypto data intelligence platform Santiment, iExec RLC ($REC), Internet Computer ($ICP), and ChainLink ($LINK) are the top blockchains in terms of developer activity over 30 days. The other names in the top-10 list take into account Starknet ($STRK), Optimism ($OP), Cardano ($ADA), Sui ($SUI), DeepBook Protocol ($DEEP), Ethereum ($ETH), and zkSync ($ZK). iExec RLC ($RLC) Dominates Top 10 Chains by Developer Activity The top player among the blockchains in the case of developer activity is iExec…

Russian regions where crypto mining is partially or fully prohibited are likely to grow in number with another three asking for Moscow’s permission to adopt a ban. A government commission is going to review the latest requests next month but authorities have already curbed coin minting activities in at least a dozen regions of the Russian Federation. More Russian regions want to ban crypto mining Bitcoin miners in another three regions of Russia are bracing for a ban that local officials want to see imposed on their operations. The news comes ahead of a meeting of a government commission in…

Malaysia is accelerating its push into blockchain, holding discussions with Binance’s founder as it aims to become Southeast Asia’s leading hub for tokenization and digital finance. Binance Founder Joins Forces With Malaysia to Supercharge Blockchain Agenda Malaysian Prime Minister Anwar Ibrahim announced a strategic engagement with Binance founder and former CEO Changpeng Zhao (CZ) on April 22 via social media platform X, signaling Malaysia’s ambitions to play a central role in the blockchain and digital assets space. The meeting, described as “productive” by Anwar, focused on the nation’s potential to emerge as a regional hub for the digital economy. He…