Author: NBTC

The BNB Chain members have communicated that Binance will terminate all operations on the BNB Beacon Chain (BEP2) by June 2024. In line with this decision, Binance has set a deadline for all BEP2 token deposits, excluding Binance-pegged tokens (B-tokens), which must be completed by May 15, 2024, at 00:00 UTC. This decision is part of the more extensive strategy of shutting down the BEP2 network and completely migrating to a more advanced BEP20 network. All users who currently possess BEP2 B tokens are urged to transfer them to Binance accounts prior to the ultimate day of the network shutdown…

GalaChain, a prominent figure in blockchain solutions, has announced a new partnership with Footprint Analytics, a leading provider of blockchain data solutions. This collaboration aims to elevate GalaChain’s infrastructure by incorporating Footprint Analytics’ state-of-the-art data analytics capabilities. The integration is expected to significantly enhance the GalaChain ecosystem across diverse sectors including gaming, entertainment, and finance. We’re partnering with @Footprint_Data to bring advanced data analytics to GalaChain! Get ready for enhanced insights that drive innovation. 🌐#BlockchainRevolution #GalaChain #DataInsights https://t.co/wfv84iseQc — Gala Games (@GoGalaGames) April 23, 2024 Surpassing Blockchain Limitations with Enhanced Solutions GalaChain has always been at the forefront of empowering…

Bitcoin ETF inflows have surpassed expectations. The broker is more convinced about its $150K bitcoin price target. Bitcoin mining stocks are the best way to play the crypto market rally. Bernstein analysts said on Monday that they were now more convinced about bitcoin (BTC) hitting $150,000 by mid-2025 after the largest digital asset rallied to reach a new all-time high this year. The analysts also predicted that bitcoin will ‘break out’ after the next halving event, reiterating its bullish call in some of the miners despite falling share prices.The broker repeated its $150,000 price target for the world’s largest cryptocurrency,…

Amidst the cryptocurrency market downturn, the Wormhole token plummeted by about 26% from its peak. This decline followed the much-anticipated airdrop event, which distributed 617.3 million W tokens to over 400,000 wallets. Consequently, this marked a crucial phase for the Wormhole initiative, aimed at rewarding early adopters and contributors within Solana and Ethereum ecosystems. How Scammers Are Taking Advantage of Wormhole Airdrop? The Wormhole token launch was designed, aiming to decentralize the protocol’s stakeholders. It introduced a supply of 10 billion tokens, with 1.8 billion initially available as Solana Program Library (SPL) tokens on Solana. Following the airdrop, top crypto…

Ripple has filed an opposition to the Securities and Exchange Commission (SEC)’s demand for $2 billion in penalties. In a detailed motion made public by Ripple’s defense lawyer, James Filan, the company disputes the SEC’s proposed penalties as overly punitive. Ripple argued that the suggested fines are disproportionate and suggested $10 million instead. Ripple Challenges SEC’s Heavy Fines in Court Filing The filing emphasized that the requested $2 billion in penalties by the Commission is not aligned with the actual circumstances of the case. According to the document, there were no allegations or findings of reckless behavior or fraudulent activity…

MoonPay is excited to partner with Tonkeeper to facilitate the USDt launch on The Open Network (TON). This partnership will undoubtedly serve to promote the accessibility and utility of digital currencies for the TON community. Driven by the innovative features of the TON, Tonkeeper is a user-friendly self-custody wallet that enables fast and secure transactions implemented on Toncoin and any other cryptocurrencies and tokens. MoonPay is supporting the launch of USDt on @ton_blockchain with @tonkeeper.Tonkeeper is the easiest self-custody wallet to pay Toncoin and other tokens.The Open Network is a global, decentralized blockchain community building the Web3 ecosystem in Telegram.Head…

In an era marked by rapid technological advances, DeCenter AI is taking significant strides to democratize artificial intelligence. By eliminating barriers to access, DeCenter AI is leveling the playing field, allowing innovators everywhere to harness the power of AI technologies without the burden of excessive costs or resources. The partnership with SKALE, touted as the world’s fastest blockchain network, is poised to significantly amplify this impact, enhancing accessibility and fostering faster innovation within the AI sector. DeCenter AI’s initiative involves a robust platform-as-a-service (PaaS) that dramatically simplifies how startups, SMBs, and larger enterprises can integrate, develop, and scale AI technologies.…

The launch of Bitcoin ETFs in early January 2024 was among the most anticipated milestones for the industry. Can we call the inception of BTC ETFs as a class successful? Eric Balchunas shares his take. $55 billion in assets, $110 billion in volume: Here’s what BTC ETFs achieved in two months Given the fact that 10 Bitcoin ETFs in the U.S. amassed $55 billion in assets and registered 100% larger trading volume, their success should be considered “simply absurd,” Senior ETF Analyst at Bloomberg Eric Balchunas says on X. First two months officially in the books (it’s felt like six)…

Kenya is initiating efforts toward crypto regulation, with the government forming a multi-agency team that includes the central bank. This group will develop rules and oversight for cryptocurrencies (also known as virtual assets) and the companies that deal in them (Virtual Asset Service Providers), local outlet NTV Kenya reported Monday. Kenyan National Treasury Cabinet Secretary Prof. Njuguna Ndung’u revealed the establishment of the multi-agency working group to the National Assembly. This follows warnings from regulators about unlicensed virtual asset products and a risk assessment by the Central Bank highlighting money laundering and terrorist financing concerns. This assessment highlighted the potential…

The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24. Per Naeil Shinmun, the project is “showing signs of trouble” after effectively delaying its official launch. Busan Digital Exchange Hit With Launch Delay Busan’s digital asset exchange plans have been in the pipelines for some time, but have already been beset with issues. The city initially wanted to become the first in the world to launch a crypto exchange. However, this plan hinged heavily on promised changes to central government policy that have yet to…