Author: NBTC

Bitcoin arrived in 2008 but its creator to this day is known only by the pseudonym they chose: Satoshi Nakamoto. Many have spun up theories about who Satoshi really is—either to solve the mystery or, in some cases, to further an agenda of their own—but no one has offered a definitive answer. Satoshi Nakamoto: what we know The first evidence of the Bitcoin we know today turned up in August of 2008 when someone anonymously registered the domain name bitcoin.org. In October of that year, an author who went by the moniker of Satoshi Nakamoto published the Bitcoin whitepaper, “Bitcoin:…

Ethereum could use a much better system for charging transaction fees from its users, the network’s chief architect Vitalik Buterin argued in a widely circulated essay published Thursday. Buterin’s post, which laid out a path toward a more customized and equitable system, immediately garnered two sorts of reactions: Ethereum users, who expressed their excitement at the prospect of lower fees on the network’s costly mainnet; and Solana users and developers, who noticed that Buterin’s proposal sounded an awful lot like the Solana network’s own fee model. “It’s certainly a Solana-esque approach,” Mert Mumtaz, a prominent Solana builder and the co-founder…

The European Union is poised for a significant financial revolution. It is considering including crypto assets in its $12.88 trillion mutual fund framework, Undertakings for Collective Investment in Transferable Securities (UCITS). This bold initiative could dramatically transform the investment landscape across Europe. It can surpass the scale of the US’s spot Bitcoin exchange-traded funds (ETFs). Tipping Point for Crypto Integration in EU’s $13 Trillion Mutual Fund Framework The European Securities and Markets Authority (ESMA), the bloc’s financial markets watchdog, has started a thorough review. This initiative aims to expand UCITS’s eligible assets to potentially include crypto. Also, the authority seeks…

TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is inactive. This update includes social login integration from platforms like Google, Facebook, and Apple. Multi-Sig Security: The new multi-sig feature supports complex use cases, enabling up to 10 zkLogin accounts from different providers with customizable thresholds, ensuring robust security and flexible account recovery options. SUI Token Surge: The introduction of multi-signature recovery and Apple authentication has led to a significant increase in SUI token prices by nearly 9%, trading at $1.09, indicating strong market…

IMPORTANT: The first step to buying Bitcoin as a minor is to seek parental or guardian consent and involvement. Since you’re not of legal age, you’ll need their support to proceed with the process. Make sure to have an open and honest conversation about your interest in investing in Bitcoin and address any concerns they might have. If you want to buy Bitcoin and you’re under 18, you should keep in mind that there is no specific law preventing you from doing so. However, most cryptocurrency exchanges require their users to be 18 or older to buy and sell Bitcoin.…

Ethereum’s mature ecosystem and broad developer acceptance overshadow Bitcoin’s L2 applications. Despite regulatory uncertainty, Ethereum’s integral role in finance and tech garners significant support from major players. Ethereum’s symbiotic relationship with layer-2 solutions enhances its intrinsic value and global appeal. Ethereum (ETH) stands out as a beacon of promise, poised to solidify its position as a global economic cornerstone. Analysts herald Ethereum’s ascent, foreseeing its imminent attainment of enduring institutional legitimacy. Age of Ethereum ETH’s fundamentals look excellent.Yet, many investors feel that ETH has too many headwinds:Why buy ETH when Bitcoin’s L2 app ecosystem is taking off?Why buy ETH when…

KBW raised its price target to $21.50 from $20; JMP raised its target to $30 from $28. A surge in crypto trading contributed to the 40% year-on-year increase in revenue. Positive momentum continued into April with a record $5 billion in deposits, the analysts said. Trading platform Robinhood (HOOD) reported strong first-quarter earnings yesterday as a surge in crypto trading fueled a 40% year-on-year jump in revenue, leading some analysts to upgrade their earnings estimates and price targets. KBW raised its price target to $21.50 from $20, while maintaining its market perform rating. Rival broker JMP raised its price target…

Elon Musk, a longtime supporter of Dogecoin (DOGE), has integrated the meme-based cryptocurrency into Tesla’s payment system. Customers can now purchase select merchandise using DOGE on the Tesla website. This move follows Musk’s acquisition of payment licenses for his social media platform, X, sparking speculation about DOGE integration there as well. Musk’s interest in DOGE dates back to 2019, and he has consistently advocated for its adoption. Tesla’s recent integration, while limited to merchandise, reflects this ongoing support. The company quietly enabled DOGE payments in early May, shortly after Musk expressed openness to the idea during a visit to a…

Polyhedra Network, a cross-chain solution provider for L2s and L1s with zkBridge technology, has made an exclusive development. The platform disclosed that it has recently open-sourced its exclusive ZK proof mechanism Expander which it launched nearly 6 days back. The company revealed this news on its official account on X. 🎉 Today, we are proud to open source #Expander, the world’s fastest #ZK proof system. Expander is a GKR prover designed for scaling large-scale parallel computing. Now, everyone can access the record-breaking open-source prover:https://t.co/DP25yI80SM pic.twitter.com/c99Fb9etjq — Polyhedra Network (@PolyhedraZK) May 9, 2024 Polyhedra Open Sources Its ZK-Proof Mechanism ‘Expander’ The…

According to analytics platform Lookonchain, a whale withdrew roughly $53 million worth of Bitcoin from Binance over the past five hours. The whale in question sold roughly $302 million worth of Bitcoin over the period from March 15 to March 15. Smart money accumulating Bitcoin? Some social media users started speculating about the possibility of large institutional investors entering the market following the approval of several Bitcoin ETFs. Last week, there was a notable change in accumulation trends, with whales distributing their holdings instead of expanding their portfolios. Bitcoin whales have been instrumental in shaping the direction of the market,…