Author: NBTC
Gameta, a top player in the GameFi market, has commenced an exclusive strategic collaboration with Robin Ecosystem. As per Gameta, the partnership intends to increase Web3 adoption with the merger of advanced payment technologies and gaming innovation. The platform disclosed this endeavor on its official X account. 🚨#Partnership Announcement🚨 🎉Excited to announce our partnership with @Robin_Ecosystem 🎉#Robin is an #OmniDapp payment ecosystem, dedicated to driving massive Web3 adoption. It offers Robin Wallet, an all-in-one payment solution, combined with Zapry for social… pic.twitter.com/x3aDHvEB2v — Gameta (@Gameta_Official) November 18, 2024 Gameta’s Collaboration with Robin Ecosystem Marks a Revolution in Web3 Payments In…
Donald Trump’s Media and Technology Group (TMTG) is in advanced negotiations to acquire Bakkt, a crypto trading venue owned by Intercontinental Exchange (ICE). According to a report by the Financial Times, TMTG, which operates Truth Social and holds a $6 billion equity valuation despite generating only $2.6 million in revenue this year, plans to use its stock as currency for the acquisition. The deal would expand Trump’s presence in the crypto market, following his promotion of World Liberty Financial, a separate crypto venture. The crypto market has seen significant movement since Trump’s election victory, with Bitcoin rising more than 30%…
Bitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to $62 million from $87.3 million in the same period last year. The company’s unaudited financial results, released on Nov. 18, attribute the decrease primarily to the impact of the April 2024 Bitcoin halving, increased global hash rate, decreased hosting revenue, and higher research and development expenses related to the SEAL02 chip development. Gross profit dropped sharply to $2.8 million from $21.1 million in the third quarter of 2023, while adjusted EBITDA turned negative at $8.5 million compared to a positive…
New investors may hold the key to Bitcoin’s next major breakout. Recently, the decline in unspent transaction outputs (UTXOs) under six months has halted and leveled off. Currently, only 8.6% of investors are at a loss at Bitcoin’s present price, according to CryptoQuant. New Investors Hold the Key to Bitcoin’s Next Major Breakout“Referring to past cycles, when the decrease in UTXOs under six months stopped and showed a sharp increase, Bitcoin’s price experienced a significant surge.” – By @avocado_onchain Full post 👇https://t.co/nydPpSjILR pic.twitter.com/FSQhwJz4P1 — CryptoQuant.com (@cryptoquant_com) October 24, 2024 Positive Market Sentiment Attracts New Bitcoin Investors In the past, when…
VeChain (VET) has been recognized in academic research as one of the key blockchain platforms that considerably reduce carbon emissions in e-commerce activities. One of its crucial roles was highlighted in its partnership agreement with Walmart China to establish a traceability platform. VeChain (VET) has gained another mention in academia as a research paper authored by Yingmei Jiang, Jinjin Mou, Xin Yang, and Jinyu Wei recognizes its role in E-commerce carbon reduction. According to the study titled: “The Impact of Disclosure Information Level Based on Blockchain Technology on the Joint Decision Making for Carbon Reduction and Pricing in the Fresh…
Bit Digital posted nearly $23 million in Q3 revenue, a 96% increase year-over-year, driven by strong growth in its high-performance computing business. Bitcoin (BTC) mining firm Bit Digital said in a Q3 earnings report that its revenue for the quarter was $22.7 million, marking a 96% increase year-over-year following a strong performance in the firm’s recently launched high-performance computing business. Per a Nov. 18 press release, Bit Digital’s HPC business generated $12.2 million in revenue, up from zero in Q3 2023. Despite a decline in Bitcoin mining revenue, which fell 11% YoY to $10.1 million, the firm’s total revenue surged…
At the tail end of yesterday, MacroScope, a financial analyst focusing on Bitcoin, revealed a new SEC filing stating that Microsoft is voting this December on whether it should invest in bitcoin. At first I thought there is no way this happens right now, and figured it will just be a short lived hype, especially after noticing a detail in the filing stating that Microsoft’s board recommends its shareholders to vote AGAINST the proposal of “Assessment of Investment in Bitcoin”. But then Macroscope came with another update that revealed something promising. Microsoft is urging its shareholders to vote against the…
Cardano Node 10.1.1 has officially launched, marking a critical milestone in the platform’s journey toward decentralized governance. This release supports the Chang 2 hard fork, an upgrade to complete Cardano’s on-chain governance as outlined in CIP-1694. The upgrade moves Cardano beyond its initial “bootstrap” governance phase, which began with the Chang 1 hard fork on September 1. Cardano Next Upgrade: Chang Upgrade 2 Notably, the Chang upgrade is important for Cardano as it implements the final features of its on-chain governance system based on principles from the Voltaire era. The upgrade process was split into two parts to streamline adoption…
The Digital Administrative and Financial Reform Council recently held its eighth meeting in Japan, and the resulting documents paint a picture of digital rulership utilizing AI, drones, NFTs, robots, massive cloud-based data sharing, and even medical check-ups at train stations. As the Western world dives further into infatuation and confusion over US politics with the latest, backtracking Trump cabinet appointments, Japan’s government is quietly but coercively pushing to upload the whole nation into a cloud-based rel=”nofollow” target=”_blank”>released a document detailing their discussion, which reads like a page out of a Sci-Fi novel. For some, repeated references to local digital currencies…
The BRICS alliance is taking steps to reduce the global primacy of the US dollar in international trade, potentially providing significant support to Bitcoin (BTC). The BRICS—comprising Brazil, Russia, India, China, and South Africa—recently expanded its ranks to include Iran, Egypt, Ethiopia, and the United Arab Emirates. Together, these countries account for more than a third of the world’s GDP and are now exploring alternative international payment systems. Country delegates met this week and agreed to move away from the dollar-based Swift system and instead develop a payment system based on national currencies. While Bitcoin is unlikely to become the…