Author: NBTC

BlackRock’s iShares Bitcoin Trust ETF is now added to the DTCC’s eligibility file. A DTCC spokesperson recently confirmed the news with an official statement. The statement read that it is routine practice for the DTCC to add securities to its NSCC security eligibility file. This is done before the release of every new ETF to the market. Inclusion on the list does not guarantee approval or regulation of the ETF. Listing the ETF in advance of its release is standard practice. BlackRock has been in the headlines for a few days now. It started with the company gaining traction after…

Vitalik has shared his opinion on the types of L2s that one can read through for a better understanding of their operation. Plus, it helps to categorize projects while potentially laying down the roadmap for Bitcoin, a network whose token is way above $30k, as the article is being drafted. Analysis of the blog post published by Vitalik on L2s broadly claims heterogeneity in the segment. Meaning there is a scope for a broader spectrum of L2s, especially when it comes to trade-offs. In other words, L2s can be distinguished simply based on their basic characteristics. Elements involved in categorizing…

In the world of cryptocurrency, Bitcoin exchange-traded funds (ETFs) may offer institutional investors a key to the crypto kingdom. Bitcoin enthusiasts are waiting for a “spot” ETF, which would open the door for big financial players to invest in Bitcoin, marking mainstream acceptance and a potential influx of capital. Understanding Bitcoin ETFs and the Impact of Institutional Investment First, let’s talk about Bitcoin exchange-traded funds (ETFs) and why they matter to the crypto world. These ETFs allow big financial players or institutional investors to enter the cryptocurrency market. There are some Bitcoin ETFs in the U.S., but they are not…

Celestia has announced that its mainnet is now live, effective October 31, 2023, at 14:00 UTC. The mainnet has been codenamed Lemon Mint and is not the first modular data availability network. Celestia has said this is a major milestone for the community that has supported them throughout the development, especially since the LazyLedger Whitepaper was published. Celestia announced in a post that a new era has begun, adding that it is an era of verifiability in which participants can operate a light node securely. Additionally, this has been described as the beginning of an era of collaboration in which…

BTC is way above the mark of $30k, and experts are weighing in with their opinions about how Bitocin can end up benefiting the entire crypto community. Highlights are that if Bitcoin performs well on the board, it brings a more optimistic picture for memecoins like SHIB. Needless to say, the effect spans across other tokens as well, which observe a jump in their exchange value after conversion to the US dollar. The first opinion is from Market Mojo. They believe that Bitcoin shining on the board is a sign that there are positive vibes in the ecosystem of digital…

Polygon Labs recently released a full-fledged guide on Polygon CDK sovereign L2 scaling. The guide was shared on the official X/Twitter channel of Polygon. The tweet stated how the Polygon Chain Development Kit allows developers to design and release Zk L2s on Ethereum. Now, Polygon is trying to make its CDK-deployed chains unified and interoperable in a ZK-powered Polygon ecosystem. Currently, it is easy for anyone to discover, create, and share data on the internet without taking internet capacity into account. However, capacity can be increased by adding more servers as new users come online. Thus, the internet is scalable…

The crypto community is not in splits when it says that the US Securities and Exchange Commission should do more to protect the industry amid the rise in crypto frauds. Gary Gensler, the Chairman of the SEC (Securities and Exchange Commission), however, has cited that crypto ventures don’t want to fall into the category of being regulated and yet take all the advantages for protection. There is a lack of uniformity at the global level about how digital assets should be regulated. Every country is treating them differently, with some registering positive results while others still possess a dubious mind…

Infura, a top Web3 API supplier, has formed associations with 18 internet framework businesses such as Microsoft, Tencent Cloud, Grove, and Covalent. This is for developing Infura’s decentralized infrastructure network (DIN).  DIN will be a decentralized RPC-as-a-service provider to work on Web3 and increase accessibility, effectiveness, and dependability. DIN will be providing a strong method for developers to connect with Ethereum and various more prime blockchains.  The leader of DIN will be Infura, and all the other associates will be involved in creating a combined version of DIN that will act as the base for the decentralization process.  According to…

Bitcoin is at $35k+ as this article is being drafted. While the community is optimistic about the future, it is interesting to observe that the highest value ever recorded was $68,000. So, the current value is nowhere near that; however, BTC’s rebound from the $20,000 mark where it resided in June 2022 keeps it afloat on the market. This was nothing short of a collapse, leaving token holders uncertain about whether to retain their tokens or incur losses. Several factors contributed to this decline, including an increase in interest rates, inflation, the approval of ETFs, and the conflict in Ukraine.…

Nocturne Labs, a blockchain startup dedicated to enhancing the privacy and security of Ethereum transactions, recently announced its successful completion of a $5 million funding round. The company has gained recognition in the industry for its innovative approach to creating private and confidential accounts on the public Ethereum network. But what makes this achievement even more noteworthy is that it was backed by Vitalik Buterin, co-founder of Ethereum himself. This news has created an immense buzz in the cryptocurrency community as it signals confidence in Nocturne Labs and highlights the growing importance and demand for solutions surrounding privacy and anonymity…