Author: NBTC
While Vancouver’s City Council has passed a motion to explore becoming a ‘bitcoin-friendly city’, British Columbia still has a province-wide ban on mining BTC until December 2025. B.C.’s bitcoin mining ban began in December 2022 to address energy concerns, and it faced a legal challenge from Conifex Timber, which the B.C. Supreme Court upheld in early 2024, citing the policy’s reasonableness and alignment with public utility regulations. BC Hydro, the largest electricity utility in the province, relies heavily on hydroelectric power, which generates over 90% of its electricity. Vancouver’s motion – introduced to the council by Mayor Ken Sim –…
LinkLayerAI is proud to unveil its new collaboration with FBPay. As the industry prepares for the next level of blockchain and AI-enabled payment developments, this partnership will strive for massive retail adoption of cryptocurrencies through protocol-level, trustless payments and improving data monetization with AI capabilities. 👏We are thrilled to announce our partnership with @FBBank_cc! 👉FBPay is the next-generation modular trustless payment application. Aiming to expand mass adoption of cryptocurrencies.👉#LinkLayerAI is a blockchain protocol for data assetization based on AI agents.🚀 Stay… pic.twitter.com/X5PaOgbwU1 — LinkLayerAI (@LinkLayerAI) December 14, 2024 FBPay: Next-Generation Payment Solution Realizing the need for modular, secure payment solutions,…
Bitcoin (BTC) is the ultimate form of free speech and democracy, according to the slogan of Peter Brandt, known in financial circles as a trader with more than 50 years of experience, made today. Brandt’s words come as the major cryptocurrency flirts with the coveted six-digit price mark of $100,000 per BTC. It is not that Bitcoin is not worth that much anymore but rather that there has not been a precise fixation at that level, although the weekly candle closed at $101,109.59 per BTC, which could be considered a positive signal. However, the conversation here, raised by Brandt, is…
Aave governance delegate Marc Zeller has aired concerns over the future of the decentralized finance (DeFi) lending platform on Polygon in the wake of a controversial proposal to use funds locked in the network’s bridge to earn yield elsewhere. Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million, according to data from DeFiLlama. Read more: Advisors leave Aave as protocol punishes competitors The proposal to create a “Polygon PoS Bridge Liquidity Program” is currently in pre-PIP status and, in the four days since publication, has generated discussion…
Meta (NASDAQ: META) carries on with its metaverse ambition despite the challenges it faced in the previous months, announcing a new deal with a critically acclaimed Hollywood director’s venture that is expected to significantly change the entertainment industry and how users consume media. In its official statement, the Big Tech firm unveiled a collaboration with director James Cameron’s pioneering tech and tools company, Lightstorm Vision, with the aim of helping content creators develop three-dimensional (3D) content using advanced tools, including artificial intelligence (AI), at a lower cost while making their content more accessible to the public. Combined with Cameron’s expertise…
Data shared by the Shibburn tracking platform regarding the recent SHIB movements has revealed that a substantial amount of meme coins has been forever lost to the market during the last 24 hours. It was possible thanks to a large amount of SHIB burned and the burn rate skyrocketing high overnight. In the meantime, the SHIB price has remained unfazed by the recent Bitcoin surge to a new all-time high of $106,488, and over the past day, it has dropped by nearly 4%. SHIB burn rate jumps 1,987% The aforementioned date source created by the SHIB community shows that over…
Bitcoin mining is becoming an unexpected solution to Europe’s energy problems, according to a Forbes report. During the energy crisis, miners are helping stabilize electricity grids and use extra energy that would otherwise go to waste. Although Bitcoin mining is often criticized for using a lot of energy, combining it with smart sustainability practices is making it an important part of Europe’s energy transition. Germany Leads the Charge Germany is using Bitcoin mining to support its energy grids, where renewables like wind and solar now make up almost 60% of power. Since renewables can be unpredictable, Bitcoin miners can balance…
In a thrilling move to push innovation and improve the DeFi user experience, Wolfswap announced support for Sonic before the latter’s mainnet launch. The strategic partnership indicates Wolfswap’s continuous endeavors to offer advanced services and tools for the advancement of decentralized trading while assisting Sonic. The platform disclosed this development on its official social media account. Sonic ⚡ WolfswapWe’re thrilled to announce our expansion and support of @0xSonicLabs in preparation for its public mainnet launch.Services that will go live at Sonic mainnet launch:⚡ Aggregator DEX – trade ANY token on Sonic at optimal rates⚡ Trading Season – juicy… pic.twitter.com/J6g93rQjU7 —…
For the first time in history, Bitcoin closed above the $100,000 mark on Dec. 8. The value achieved a weekly close at $103,900.47 and daily close at $101,236.01. This record achievement portrays a new era of confidence among investors, with several factors influencing the significant increase in digital assets. You might also like: Weekly Bitcoin ETF inflows resume with $2.73b, analysts eye $200k BTC in 2025 Bitcoin (BTC) reached its all-time high on Dec. 5 at $103,679 but soon corrected itself to $97,074.22, its opening price on Dec. 6. However, on Sunday, Dec. 8, the market closed at $101,236.01, as…
Bitcoin L2 Labs, the core development team behind Stacks, announced the successful mainnet launch of a programmable 1:1 Bitcoin-backed asset, sBTC. It marks a major step toward building an on-chain Bitcoin economy and follows October’s Nakamoto Upgrade, which delivered faster transactions and 100% Bitcoin finality to the Stacks network. For the broader Bitcoin community, this is more than just a milestone — it signals a new era of programmable Bitcoin. The world’s most secure blockchain can now actively participate in decentralized finance (DeFi). sBTC Debuts on Stacks Mainnet sBTC is designed to unlock Bitcoin (BTC) liquidity and comes after Stacks…