Author: NBTC
Crypto industry heavyweights are lending their support to Consensys after the Ethereum giant launched a preemptive strike against the SEC on Thursday. Consensys, the company behind the MetaMask crypto wallet, filed a lawsuit against the SEC, alleging the regulator is trying to “seize control over the future of cryptocurrency” and is overreaching in its attempts to regulate Ethereum. (Disclosure: Consensys is one of 22 investors in Decrypt.) The company claims the SEC plans to regulate Ethereum as a security—which, up to now, the regulator has yet to state publicly. “Thanks [to the founder of Consensys and the rest of the…
Alchemy Pay, a leading provider of crypto and Web3 fiat payment solutions, has announced its seamless integration of the newly launched USDt on TON stablecoin by Tether onto its payment ramp. This strategic move aims to enhance accessibility and user experience for those transacting with USDt on the TON Network through fiat means, tapping into Telegram’s extensive user base of 900 million individuals. 🙌#AlchemyPay has integrated the newly-launched USDt stablecoin by Tether which expands accessibility to @ton_blockchain’s Web3 Ecosystem in Telegram, the messenger boasting an immense user base of 900 million.We are proud to enhance the user experience for those…
The most practical Bitcoin Layer-2 network B² Network has announced a pivotal partnership with SPACE ID. This collaboration will transform the identity sector for the B² ecosystem. SPACE ID is the global name service network expert, providing a complete identity framework that discovers, logs, trades, and manages all aspects of Web3 domains. Cooperation Announcement @BSquaredNetwork 🤝 @SpaceIDProtocolOur collaboration with @SpaceIDProtocol will provide users and projects within the B² ecosystem with .b2 decentralized identities, insights into innovative use cases, and infrastructure for building brand identities.… pic.twitter.com/vnQ2sBQDVf — B² Network | BTC Layer2 (@BSquaredNetwork) April 26, 2024 B² Network Enhances Security with…
BlackRock’s Bitcoin ETF, known as IBIT, has reached $10 billion in assets under management (AUM). This milestone sets a new record for the fastest growth to this level in U.S. ETF history. The remarkable achievement comes amid a significant rally in Bitcoin prices, underscoring the growing interest in digital assets among traditional investors. Launched in January, IBIT quickly captured the attention of both institutional and retail investors. This interest was significantly buoyed by the cryptocurrency’s bullish market phase, which saw Bitcoin reaching new highs. The ETF’s rapid accumulation of assets reflects a broader trend of increasing acceptance of cryptocurrencies as…
Bored Ape Yacht Club creator Yuga Labs continued its recent shake-up by announcing a restructuring initiative on Friday, which will include a new round of layoffs following a previous wave last October. Yuga Labs co-founder Greg “Garga” Solano, who returned as CEO in February, announced the news via Twitter on Friday, sharing screenshots of a Slack message sent to the team. “I owe everyone a frank and honest explanation of what led to this decision. To put it simply: Yuga lost its way,” he wrote. “Getting ourselves centered and on the right path means being a smaller, more agile, and…
In an era where digital currencies and blockchain technology are reshaping our world, one project has emerged as a beacon of innovation and accessibility: Notcoin. A simple clicker game conceived in the minds of Sasha Plotvinov and his team at Open Builders, Notcoin has swiftly escalated into a phenomenon, captivating over 24 million users on Telegram since its inception. This staggering number not only surpasses the user acquisition rates of giants like Ethereum and Solana combined in 2023 but also places Notcoin on par with household names in the gaming industry in terms of concurrent online users. Amidst this whirlwind…
U.S. Senator Elizabeth Warren (D-Mass.) is again attacking cryptocurrency, this time linking the digital asset market to child sexual abuse material (CSAM). In a bipartisan open letter to the U.S. Department of Justice and Department of Homeland Security—cosigned by Louisiana U.S. Senator Bill Cassidy—Warren called crypto the “payment of choice for child abuse material.” “We are writing to express our concerns regarding the use of cryptocurrency in the illegal trade of child sexual abuse material and to obtain information about the tools needed by the Department of Justice and Department of Homeland Security to end this illicit trade,” the senators…
Uniswap, one of the world’s largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume. Riding The DeFi Boom As of April 25, Uniswap had facilitated over $146 billion in cumulative swap volume on Arbitrum alone. The number has gradually increased over the past three years since June 2021, when it was deployed on Arbitrum, looking at on-chain data. By…
In the latest move, Citizend has partnered with the Arbitrum platform, bringing the era of community-driven project support to the ecosystem. The partnership gives every user the ability to influence what happens to upcoming projects within the ecosystem. Citizend was established as a cooperation from Outlier Ventures, the entity famous for speeding up more than 270 projects. Some of the projects include Fetch.ai, Biconomy, XAI, and Fractal ID, where these successful projects have amassed 1.1 million verified users. The platform seeks to create a high-class space for the launch of projects, focusing on quality and using the community. Happy to…
Bitcoin price is still struggling to clear the $70,000 resistance. BTC is slowly moving lower and might soon drop toward the $67,000 support. Bitcoin price is struggling to clear the $69,500 and $70,000 levels. The price is trading above $68,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down and trade toward the $67,000 support zone. Bitcoin Price Starts Consolidation Bitcoin price made another attempt to gain strength above the $69,000…