Author: NBTC

Kabosu, the fluffy Shiba Inu behind the immortal “Doge” meme, has inspired a $28 billion meme coin, a holy pilgrimage, and a bronze statue erected in her Japanese hometown. Now, she’s being honored with perhaps the grandest gesture yet: a sizable chunk of a digital game world. Ethereum-based battle royale game OpenSeason has announced that it will soon feature a custom Doge-themed biome—a “realm where every nook and cranny barks the tale of Kabosu, the Doge, our beloved Shiba Inu,” according to a blog post. The dog-dedicated digital environment for the Fortnite-like PC shooter was crafted in collaboration with Own…

Circle, a worldwide financial tech platform, has recently announced its latest collaboration with HEC Paris. The partnership reportedly focuses on the establishment of a research center called “HEC Paris Center on the Future of Money and Digital Assets.” The company took to its official account on X to announce the respective development. 1/ We are delighted to announce that we have partnered with the prestigious @HECParis to launch the ‘HEC Paris Center on the Future of Money and Digital Assets.’ 👇https://t.co/x4uslBUFk6 pic.twitter.com/9vb3sH5Ebw — Circle (@circle) April 8, 2024 Circle and HEC Paris Collaborate to Establish a Research Center for Digital…

Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. $500,000 is being granted across 14 different projects around the world focusing on global education, Lightning Network development, decentralized communications, and providing nonprofits and human rights groups with an easier onramp to “financial freedom tools,” per the release. The main areas of focus for these grants center around Latin America, Asia, and Africa. This announcement comes only a few months after their last round of grants in December, also donating $500,000 to worldwide Bitcoin projects.…

As the trial of Avraham Eisenberg gets underway in the US, the legal credibility of decentralized finance (DeFi) as an autonomous financial system is at stake. Eisenberg is accused of fraud after extracting around $112 million from the Mango Markets protocol in 2022. The implications of the case are very different from the trial of Sam Bankman-Fried, which didn’t set any new precedents; fraud and money laundering are always illegal. Yesterday, during opening statements, Eisenberg’s lawyer argued that Mango Markets worked as designed and that Eisenberg simply “executed a winning trading strategy.” This argument is often made in the wake…

According to a recent post shared by Colin Wu, a Chinese crypto journalist, the Jito tip revenue on Solana reached 9.32k SOL on March 6. The revenue amount valued at $1.2 million has reportedly marked a new high. In his Wu Blockchain page on X, Wu illuminated Jito’s fake tip vulnerability, which led to the MEV Bot using fake tips. Jito tip revenue on solana revenue reached 9.32k SOL (valued at $1.2m) on March 6, setting a new high. However, the recent Solana MEV Bot problem has been serious. Jito has a fake tip vulnerability, which resulted in the MEV…

In a recent post on the X social media network, Paul Grewal, chief legal officer at Coinbase, has urged Congress to pass stablecoin legislation if the US wants to be serious about a negligible percentage of illicit finance that is conducted with the help of cryptocurrencies. Grewal’s comment came in response to the testimony published by Wally Adeyemo, the US deputy secretary of the Treasury, that focuses on countering illegal use cases of crypto. In his testimony, Adeyemo has noted that bad actors have increasingly started using cryptocurrencies as a tool for hiding their identities. In such a way, it…

Chainlink, a leading blockchain platform, has announced the launch of the Chainlink Block Magic Hackathon: “Become an Onchain Wizard”. Aimed at first-time developers venturing into blockchain development, this hackathon offers a unique opportunity to immerse oneself in the world of coding for blockchain applications. Unlocking Opportunities for Aspiring Developers The Chainlink Block Magic Hackathon presents a plethora of opportunities for participants. Firstly, winners of the hackathon stand a chance to join the exclusive Chainlink BUILD program, gaining access to invaluable startup support and mentorship. Additionally, standout projects have the potential to be promoted across Chainlink’s extensive network, providing exposure to…

As Bitcoin’s correction continues, investors are wondering if BTC has bottomed out and when it will rise again. At this point, Bernstein analysts, evaluating the correction in BTC, said that this decline was a buying opportunity. According to The Block, Bernstein analysts said that the more than 10% price correction in Bitcoin presented a temporary “dip buying opportunity.” Saying that every decline is an opportunity, analysts said that the rise in Bitcoin will continue, but there will be more consolidation before the halving in April. Bernstein analysts Gautam Chhugani and Mahika Sapra stated that BTC will continue its bull rally…

Key Takeaways Ether.fi and EigenLayer enable ETH holders to maximize their staking returns by combining restaking and DeFi yield opportunities. Because these protocols are new, they are higher risk. Investors can start exploring Ether.fi and EigenLayer with modest deposits (never stake more than you are willing to lose). Think of Ethereum like a high-interest savings account, with a twist. By depositing your Ether (ETH), it gets locked up for a certain period (similar to a money market or CD). This locking, or “staking,” helps secure the Ethereum network. In return for staking your ETH, you earn staking rewards (similar to…

The Shiba Inu ecosystem team has initiated another hefty burn, incinerating over 13,400,000,000 (13.4 billion) SHIB tokens, 19,561 (19.5K) BONE, and 28.75 LEASH tokens in four transactions. Members of the SHIB community were stunned in the early hours of today after the Shiba Inu ecosystem team incinerated huge amounts of its ecosystem tokens. 13.4B SHIB Burned In a startling development, the Shiba Inu ecosystem team incinerated over 13.4 billion SHIB tokens worth $485,000 at the time of writing this line. The tokens were burned in two transactions, each consisting of 9.64 billion and 3.81 billion SHIB tokens, respectively. Interestingly, the…