Author: NBTC

From mecha suits for the mind to agentic interfaces, the Ethereum visionary weighs in. Ethereum (ETH) co-founder Vitalik Buterin has lately expressed both hope and caution on artificial intelligence. He highlighted the dual potential of AI in a series of tweets on X: as an existential threat due to the unfettered growth of autonomous systems, or as a revolutionary instrument to improve human skills. AI done wrong is making new forms of independent self-replicating intelligent lifeAI done right is mecha suits for the human mindIf we do the former without the latter, we risk permanent human disempowerment. If we do…

The voting exercise for the IOTA Rebased Protocol kicks off today as the governance vote is expected to appear in the Firefly or Bloom wallet. A successful approval would bring several benefits to the IOTA ecosystem, including the increase in transaction throughput and the facilitation of the transition to a delegated Proof of Stake (dPoS) system. The much anticipated IOTA’s (IOTA) Rebased Protocol will be subjected to governance voting starting today, December 2. As we reported earlier, the voting process will last for seven days. After this period, there will be another seven days of counting exercise where each IOTA…

Circle has joined Ripple, Coinbase, and Kraken in supporting President-elect Donald Trump’s inaugural committee. Circle co-founder and CEO Jeremy Allaire announced today that the company just donated 1 million USDC to Trump’s inauguration. “We are excited to be building a great American company,” Allaire said, noting that the Committee’s acceptance of USDC demonstrates “how far we have come, and the potential and power of digital dollars.” Established to oversee the events for Trump’s second inauguration, the Trump-Vance inaugural committee set a fundraising goal of $150 million. According to ABC News, contributions have already crossed this mark since last December. Ripple…

Thailand is launching a pilot program to allow foreign tourists to use cryptocurrency for payments in Phuket. Announced by Deputy Prime Minister Pichai Chunhavajira, the initiative aims to make digital payments easier and quicker for tourists while boosting the nation’s competitiveness in the tourism sector. Set to operate within Thailand’s existing legal frameworks, the project includes identity verification through local exchanges and a clearing house to convert Bitcoin (BTC) into Thai baht for merchants, according to The Nation. Speaking at a seminar organized by the Marketing Association of Thailand, Pichai emphasized the program’s compliance with current regulations, ensuring no legal…

Perhaps the best way to decentralize the Bitcoin network is through home mining, and things are trending in the right direction. Yesterday, Solo Satoshi announced the Bitaxe Touch, the latest device in the world of home bitcoin mining. This new device will utilize the BM1370 ASIC chip from the Bitmain S21 Pro and will be able to reach a hashrate of up to 1.6 TH/s. It will also feature a touch screen that displays Bitcoin network stats including the total network hashrate, overall network difficulty and the block height. Say hello to the future of Bitcoin home mining.The world’s first…

The price of the largest cryptocurrency, Bitcoin (BTC), recently enjoyed a remarkable rally that pushed its price as high as $99,860 on major U.S. exchange Coinbase. However, the euphoria may be short-lived as financial expert and popular TV host Jim Cramer has stepped into the picture with a rather bullish attitude. Cramer is no stranger to making statements that often defy prevailing trends and shatter expectations. His influence has grown so much that it has spawned the “Inverse Cramer” phenomenon, where investors do the opposite of his advice. As often as not, he has taken to live television to share…

Avalanche has sparked excitement in the cryptocurrency sector by announcing its engagement with the new U.S. administration. Emin Gün Sirer, the CEO of Ava Labs, hinted that this initiative may have a favorable effect on the price of the AVAX token. Following the news, traders witnessed a swift uptick in AVAX’s market value. Contents hide 1 What is the Impact on AVAX Price? 2 How Does This Relate to Other Cryptocurrencies? What is the Impact on AVAX Price? On December 2, Emin Gün Sirer confirmed that discussions with the incoming Trump administration have commenced. He underscored that the objective is…

Bryan Steil has been named chair of the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. In this role, he will lead efforts to regulate digital assets and oversee policies for emerging technologies. The Wisconsin representative has supported major crypto-friendly legislation, including FIT-21 and SAB 121. FIT-21 focuses on establishing clear regulatory frameworks for digital assets, ensuring innovation thrives in the US while safeguarding investors and promoting market transparency. SAB 121 seeks to address regulatory inconsistencies by advocating for a unified approach to digital asset policies, preventing innovation from being pushed overseas. “Digital assets are…

FTX Creditor Linda Favario has filed a complaint with the US Bankruptcy Court over the extravagant spending of the FTX Administrators. In her letter dated December 17, 2024, Favario called the court’s attention to the excessive expenses, noting that it is a norm for bankruptcy professionals. The creditor’s letter follows similar concerns that bankruptcy judge John Dorsey raised during the December 12, 2024, hearing. Dorsey highlighted three questionable expenses in that hearing, including an $8,251 airline ticket, a $134 Uber ride, and a $120 hotel room meal. According to Favario, these expenses are only a few of the extravagant spending…

Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month. This is according to the company’s production update published on Wednesday, Jan. 8. The company’s custodial portfolio modifications, ongoing mining asset redeployments to new sites, and the retirement of older mining equipment were the primary causes of the decline. The active hash rate for Bit Digital was approximately 1.8 EH/s. As of Dec.…