Author: NBTC
An upcoming vape-to-earn project wants to use token incentives and blockchain-enabled vapes to make nicotine addictions additions go up in smoke. Called Puffpaw, the project intends to sell specialty vapes that record their user’s smoking habits on the blockchain. It will reward them in their tokens for gradually reducing their nicotine intake. Puffpaw is among a cadre of startups betting on the yet-to-launch Berachain blockchain, a venture capital darling. The quit-smoking project itself raised $6 million in seed funding led by Lemniscap Ventures. Lemniscap General Partner Shaishav Todi said the investment is a bet on decentralized physical infrastructure, commonly known…
The mysterious SHIB leader famous under the pseudonym Shytoshi Kusama has taken to his official X handle to comment on the recent rebranding of the X account of the Shiba Eternity game. Epic Shiba Eternity X rebranding Kusama hailed it, referring to it as “an epic move.” From now on, Shiba Eternity’s account @ShibaEternity is known as @playwithshib. From now on, this account is going to be focused not only on Shiba Eternity. SHIB intends to expand its presence in the gaming sphere far beyond its first NFT card game for smartphones. In late July, the Shiba Eternity team revealed…
Bitcoin, the world’s largest cryptocurrency by market capitalization, has dropped 4% in the last 24 hours amid $155.25 million in liquidations across the crypto market. After holding above the $60,000 level for four consecutive days, Bitcoin (BTC) fell below this threshold on Aug. 11, dipping further to below $59,000. The cryptocurrency hit an intraday low of $58,269 after earlier reaching a high of $61,562. BTC price chart – Aug. 12 | Source; crypto.news Data from CoinGecko shows that the broader crypto market declined by 4.32% over the past 24 hours, reducing its total value to $2.05 trillion. Despite a 52%…
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to legitimize cryptocurrencies for international payments and mining. He highlighted cryptocurrencies as effective payment methods, especially for small businesses, amid global economic demand. Sberbank to Join Crypto Settlement Pilot Program in Russia Sberbank, Russia’s largest financial institution, intends to join an experimental program for cryptocurrency settlements this fall. Anatoly Popov, deputy chairman of Sberbank’s board and head of the corporate investment business unit, revealed these plans…
BNB Chain and the SingularityNET Foundation are collaborating to advance the future of artificial intelligence and blockchain integration. The BNB Chain and SingularityNET (AGIX), a member of the Artificial Superintelligence (ASI) Alliance that also includes Fetch.ai and Ocean Protocol, announced the partnership via a blog post on Aug. 29. Partnership geared towards decentralized storage solutions According to the announcement, BNB Chain and SingularityNET aim to enhance the decentralized storage solutions sector as well as promote the decentralized data economy. The collaboration targets this goal through the “data-as-an-asset” concept, which allows users to control their personal data and monetize it. The…
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets and fintech increasingly integrate with traditional banking, presenting new challenges and risks. Challenges of Bank Supervision in a Complex Financial World At a recent international conference hosted by the European Banking Authority and the European Central Bank, Acting Comptroller of the Currency Michael Hsu spoke about the challenges facing bank supervision in an increasingly complex financial landscape.…
Polygon Ventures led a funding round for the multi-chain infrastructure project Edge Matric Chain (EMC). The investment will expand the network’s reach within the AI sector. EMC is a leading project in the DePIN space, focused on integrating computing power networks with decentralized AI applications. The project has been in development for four years, aiming to deliver high-performance solutions across multiple blockchain networks. Polygon Expands AI Reach with EMC Investment Alongside Polygon, Amber Group also co-led the funding round for EMC. Other participants included One Comma, Kapley Judge and Associated Corporations, Cyberrock Venture Fund, Candaq Fintech Group, and Hameem Raees…
Bitcoin price dips below $60,000, crypto analysts scramble to share their expectations. One analyst expects Bitcoin (BTC) price to hit $44,000 by early September. Another analyst expects Bitcoin (BTC) to rally to $150,000 after September. Bitcoin’s (BTC) price dips to the $58,000 range taking the crypto market sentiment to level 25 on the Crypto Fear and Greed Index leading to an extreme fear sentiment. If FUD sentiment takes over, it could lead to a massive turnover for Bitcoin price. A Bearish Start to September, Will BTC Dip to $44,000? With the market acting between volatile expectations, popular analysts across the…
BCB Group has received a takeover approach from an investor. The approach came while the crypto payments firm was exploring a series B funding round. The business is not formally up for sale and there are no ongoing negotiations, one source said. BCB Group, a payments processor that links crypto firms to the banking system, has received a takeover approach from an investor, according to three people familiar with the matter. The buyout interest was initiated by the potential acquirer while the London-based company was exploring a Series B funding round, said the people, who spoke on condition of anonymity…
The average transaction fees on Shibarium, the blockchain solution of the Shiba Inu ecosystem, have literally skyrocketed in the past few days, according to data from Shibariumscan. Specifically, there has been a solid 1,036% increase in the number of BONE spent per transaction, from 0.012 to 0.1168 tokens. BONE is the native token of the Shiba Inu and plays a large role in the functioning of the network. As a transaction fee token, BONE is paid as the cost of each transaction on the Shibarium blockchain. A bit of each transaction fee is automatically converted into Shiba Inu tokens and…