Author: NBTC
The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power grid could collapse as early as 2029. The union proposed diversifying the nation’s energy sources and reducing dependence on hydroelectricity. Bitcoin Mining Demand Might Spur Energy Collapse in Paraguay by 2029 Paraguay, a country that has faced an intense influx of cryptocurrency mining companies seeking to take advantage of cheap hydroelectricity, might be facing difficulties due to the increase in these activities. According to the Paraguayan Industrial Union (UIP), if the demand keeps increasing and there is no…
Prominent blockchain platform Whale Alert, which tracks down large cryptocurrency transactions, has spotted a massive crypto transfer carrying more than one hundred million dollars’ worth of Bitcoin. This transaction took place between anonymous wallets and it carried 1,500 BTC, which is the equivalent of $126,947,543. 🚨 🚨 🚨 🚨 🚨 🚨 1,500 #BTC (126,947,543 USD) transferred from unknown wallet to unknown wallethttps://t.co/F3xCZZEvlW — Whale Alert (@whale_alert) April 18, 2025 The community eagerly responded to this X post, intrigued by the anonymous nature of this massive Bitcoin transfer. X users wrote: “another huge one;” “Another huge transaction.” Another user pointed out…
This is a segment from The Drop newsletter. To read full editions, subscribe. RTFKT, Nike’s abandoned digital brand pronounced “artifact,” lost its CloneX art overnight. The art for all 19,500 Ethereum NFTs in the collection was replaced with a black background with white text that reads: “This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service. Please visit cfl.re/tos for more.” That URL redirects to a Cloudflare terms page that states that a more basic Cloudflare plan does not allow clients to stream videos. “We limited your ability to use…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Colosseum is something like a hackathon organizer mixed with Y Combinator for Solana startups. I tend to view its hackathon entries as a proxy for what Solana builders are interested in, and I see its hackathon winners as a potential proxy for what Solana venture investors find valuable. So this week on the Lightspeed podcast, I asked Colosseum co-founder Matty Taylor what he’s excited about from the organization’s newest hackathon, and his answer surprised me. “One of the things that we’re most excited about is sort of…
U.S. lawmakers are rallying behind new SEC leadership, fueling explosive optimism for a regulatory overhaul that unleashes digital assets, drives innovation, and supercharges markets. New SEC Chair Paul Atkins Sparks High Hopes for Digital Asset Revolution U.S. lawmakers are eager to work with the new chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, whose appointment has ignited strong reactions across Washington. Representative Bryan Steil emphasized his enthusiasm in a post on social media platform X on April 22: Congratulations, Paul Atkins! Excited to work together and usher in the golden age of digital assets in the U.S.…
Bitcoin’s layer 2 scaling solution, Fractal Bitcoin, significantly increased its network security by onboarding one of the largest crypto mining pools. Fractal Bitcoin (FB), a layer 2 scaling solution for the Bitcoin (BTC) network, recently secured a major win in terms of its security. On Thursday, April 24, the project managed to secure Foundry, one of the largest Bitcoin mining pools, to also start mining FB. 🔓 Milestone unlocked: @FoundryServices is now merged mining Fractal via our innovative Cadence Mining.✅ >719 EH/s now merged mining Fractal✅ Better network security with 93% of Bitcoin’s hashrate merged mining it✅ Support for miners…
Solana’s dApp ecosystem is outearning the competition, with more revenue than all other chains combined. In the last 12 months, Solana (SOL) dApps generated more revenue than dApps on all other chains combined. According to a report by Syndica, published on April 18, Solana dApps earned $2.8 billion in revenue. That’s 47% more than the dApp revenue on all other chains combined. Cumulative dApp revenue for Solana and all other chains | Source: Syndica Solana’s dApp earnings began outpacing all other chains in October of last year. Since then, the gap has only continued to widen. These figures show that…
The U.S. Securities and Exchange Commission will convene its second crypto policy roundtable on Friday, focusing on crypto asset custody rules and regulatory gaps. The event is part of a four-part series launched by the SEC’s Crypto Task Force to gather input and discuss policy options around digital asset regulation. Opening remarks will come from several senior SEC figures, including new Chairman Paul S. Atkins, who was sworn in earlier this week and has vowed to bring regulatory clarity to the crypto industry. The roundtable will feature two panels: one on “Custody Through Broker-Dealers and Beyond” and the second on…
Bitcoin is consolidating at a key resistance within a descending channel. With volume declining and price nearing a pivotal area, traders are watching closely for either a strong rejection or a volume-backed breakout. This move could define the short-term trend going into next week. Bitcoin (BTC) has spent most of the week consolidating at a critical resistance zone within a clearly defined descending channel. This area has consistently acted as a key pivot during the ongoing downtrend, and price action is now once again approaching this resistance level. With both structure and context aligning, the market is approaching a decision…
Content Coins are a new trend gaining attention in the crypto space, especially on Base. They are positioned as digital content with value driven by culture and virality. Supporters see them as a new form of expression. Critics say they’re just meme coins with a different name. Base is pushing the idea forward, hoping it helps the chain stand out from the rest. Are Content Coins Really Different From Meme Coins? Content coins are a new concept gaining traction within crypto communities, especially on Base chain. According to Base founder Jesse Pollak, a content coin “represents a single piece of…