Author: NBTC
Access Protocol has launched a Subscription Quest initiative with Superboard to introduce its new transferable subscription feature, which offers up to $25,000 in prizes. Transferable Subscriptions are designed to revolutionize interactions with creators. These subscriptions utilize compressed NFTs to enable the creation, purchase, sale, and transfer of Access subscriptions. According to the protocol, this feature is the final component of its Access v2 upgrade. The protocol explained that its Quest initiative aims to engage both new and existing users. The campaign celebrates community, innovation, and a forward-thinking approach to digital content consumption. It stated: “This campaign is set to not…
Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE A new report from the EU has singled out Bitcoin’s Lightning Network and other layer 2 solutions as “data obfuscation” technologies that could be “abused by criminals.” The First Report on Encryption by the EU Innovation Hub for Internal Security, a “collaborative network of innovation labs” from across EU member states, argues that alongside technologies including Mimblewimble, zero-knowledge (zk) proofs, coin mixers and privacy coins such as Monero and Zcash, “layer 2 solutions such as the lightning network might also be abused by criminals.” The report notes that the Lightning Network’s “two-party…
Il Capo of Crypto, one of the most popular analysts in the cryptocurrency world, evaluated the general situation of Bitcoin, Ethereum and altcoins in his statement today. According to the analyst, Bitcoin managed to break the upper range by rising above $69,000, which could be a good sign for the continuation of the bull. il Capo thinks we may see more developments regarding Ethereum Spot ETFs this week. The SEC’s approval of Ethereum Spot ETFs comes as a big development. The analyst thinks the fact that BlackRock and others have updated their S-1 filings and disclosed their fees indicates that…
Real World Assets (RWA) are currently among the fastest-growing ecosystems within the larger Decentralized Finance (DeFi) market. According to DeFi Llama metrics, there is over $4 billion in digital asset funds locked across RWA protocols such as Ondo Finance, Pendle and the Jellyverse ecosystem. This figure is up from $753 million in January 2023. But while the RWA ecosystem has witnessed remarkable growth over the past year, it is still one of the most underserved DeFi markets. A recent report by Citi estimates that the total addressable RWA market is in the trillions of dollars, with notable investment areas such…
Welcome to the On the Margin Newsletter, brought to you by Ben Stack, Casey Wagner and Fexlix Jauvin. Here’s what we unpack in our inaugural edition: The European Central Bank has led the rate-cutting charge, even as the inflation rate across the pond remains high. Will the Fed take a page from its book tomorrow? Find out why more companies are buying bitcoin for their treasuries (hint: everyone wants an inflation-proof asset). Wednesday is a huge day with CPI figures dropping in the morning and the FOMC wrapping in the afternoon. Keep reading to know what analysts are saying and…
Drift Protocol is conducting an airdrop of 100 million tokens and spinning up a token-based governance structure. A surprise winner of the highly anticipated announcement is MetaDAO. Its futarchy tech is being partly implemented in Drift. Solana-based decentralized exchange (DEX) Drift protocol plans to launch a DRIFT governance token and airdrop the asset to its users within weeks, according to Drift’s website and people familiar with the matter. The new token follows a three-month points program that enticed traders, borrowers, lenders—and, of course, airdrop farmers—into Drift, one of the largest venues for trading perpetuals in Solana DeFi. But contributors to…
The Cyprus Securities and Exchange Commission (CySEC) launched its Regulatory Sandbox on June 11, 2024, through an online event. This initiative signifies progress in financial, regulatory, and supervisory technologies such as FinTech, RegTech, and SupTech in Cyprus. Dr George Theocharides, Chair at CySEC and Chair of the Risk Standing Committee at ESMA More than 500 stakeholders from the financial sector participated in the virtual launch event. Attendees included representatives from regulatory bodies, financial institutions, and technologically innovative firms. They received information on the Sandbox’s operational framework and its potential benefits for market participants. Following the event’s conclusion, Dr George Theocharides,…
In 2024, Tap-to-Earn clicker games like Notcoin and Hamster Combat attract millions of users eager to earn money through simple gameplay. BeInCrypto spoke to industry experts to determine whether this trend has a future or will be forgotten once the hype is over. What are Tap-to-Earn Games? Tap-to-Earn games involve players repeatedly clicking on a screen to achieve various goals, such as collecting resources, improving characters, or earning points and tokens. These games are part of the broader Play-to-Earn (P2E) GameFi sector, where players earn cryptocurrency through immersive gameplay. Some Tap-to-Earn games also incorporate social interactions, like competitions and cooperative…
Texas recently revised estimates of how much capacity its grid will need, citing demand from AI and bitcoin mining. The political climate towards these two industries is souring because of increased energy demands, while Trump is doubling down on his support for mining. Texas’ grid will soon need to dramatically expand to meet growing demand from bitcoin miners and artificial intelligence data centers, while the political climate towards both these industries may be souring. Speaking to the Texas Senate Business and Commerce Committee Wednesday, Pablo Vegas, the CEO of the Electric Reliability Council of Texas (ERCOT), which manages the state’s…
Video game retailer GameStop saw a considerable rebound on Wednesday, closing up 22.8% after experiencing two consecutive days of significant losses. That followed last week’s spike amid the latest return of influencer Roaring Kitty (aka Keith Gill). After a challenging start to the week, GameStop’s stock plummeted by more than 8% in early Tuesday trading. However, by the end of the day, it had surged, marking an impressive turnaround. This recovery can be attributed to several factors, including completing a major share offering and shifting market sentiment. Meanwhile, Roaring Kitty continued to poke fun at himself and the ongoing developments,…