Author: NBTC

Billy Markus, who collaborated with Jackson Palmer to create the original meme cryptocurrency DOGE in 2013, has shared his take on the massive 21% increase in the coin’s price last week. Markus did it, sticking to his traditional ironic style and criticism of the cryptocurrency market. Why did DOGE surge 20%? Markus sheds light Last week, the largest meme cryptocurrency in terms of market capitalization value, Dogecoin, stunned the crypto community and meme coin lovers with an astounding growth of more than 21%. Between Wednesday and Saturday, DOGE skyrocketed from $0.10745 and succeeded in reaching a local high of $0.13.080.…

Vice President Kamala Harris has unveiled plans to establish a regulatory framework for cryptocurrency and digital assets, aiming to protect Black men who invest in these markets. This initiative is part of her broader Opportunity Agenda, which seeks to provide tools for wealth creation and economic advancement within the Black male community. As outlined in the agenda, more than 20% of Black Americans own or have owned digital assets. The proposed regulatory framework intends to safeguard investors and owners in this space against potential risks and promote fair access and participation in financial innovation. Per the Vice President’s plan, this…

With 4% of the global Bitcoin mining capacity currently possessed by the UAE, nations like the US, China, and Russia face significant competition. To reduce the cost of mining Bitcoin, the UAE is changing to nuclear and solar energy, targeting carbon neutrality by 2050. The UAE is growing as a major location for blockchain development and Bitcoin mining due to unique free zones and strict regulations. According to CNBC Arabia, the UAE has become an important part of the global cryptocurrency, thanks to its cutting-edge energy solutions. Over three years ago, the area built one of the biggest hydro-cooling mining…

Aptos has launched VibrantX, a platform to streamline and standardize decentralized finance (DeFi) operations across its ecosystem. VibrantX is positioned as a DeFi portfolio management hub, providing users with portfolio management dashboards and yield optimizers. With a points system that rewards participation in activities such as lending, staking, and liquidity provision, the platform aims to attract both existing and new users with the VibrantX points system. The points system has been designed to be adaptable and inclusive, allowing users to earn points retroactively, starting in January 2024. For early adopters, the platform’s initial lending and staking options are rewarding, as…

Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s Bitcoin Plan Delivers Massive Stock Gains Microstrategy’s stock (Nasdaq: MSTR) has surged 1,620% since the company adopted its bitcoin-focused strategy, eclipsing the gains of BTC, the S&P 500, and major tech stocks. Over the weekend, executive chairman Michael Saylor highlighted this performance on social media…

Vladimir Kalnitsky, a well-known developer who worked on the cardano-transaction-lib (CTL), announced recently that he was leaving the project, marking yet another major departure for the Cardano ecosystem. His exit exacerbates worries about the platform’s capacity to attract and retain talent in the quickly changing blockchain industry. Why leave Cardano? Despite having gained invaluable experience working with Cardano’s PureScript ecosystem, Kalnitsky stated that he no longer has a passion for functional programming, especially Haskell, which has been essential to Cardano’s development. This opinion highlights that despite Haskell’s elegance, there is a significant barrier to attracting new developers, which is in…

As part of a larger investigation into TD Bank’s transactions and adherence to anti-money laundering laws, a FinCEN investigation found that the traditional finance bank failed to disclose “suspicious activity” regarding crypto. A consent order alleges that the bank processed transactions for “Customer Group C,” which is an unknown entity, “including the facilitation of over $420 million to a financial institution offering cryptocurrency services in the high-risk jurisdiction of Colombia.” There was a pattern, FinCEN said, of Customer Group C doing over $100 million in wire transfers a month, “most of which facilitated apparent third-party cryptocurrency trading and involved high-risk…

Charles Hoskinson humorously reacts to the Herd proposal, a decentralized music and DJ battle game that integrates blockchain and NFTs. Cardano’s founder, Charles Hoskinson, recently reacted to a new gaming proposal within Project Catalyst, a hub for community innovation. The proposal, put forward by Pierre Aceituno, outlines the development of Herd, a decentralized music and DJ battle game. This game aims to integrate blockchain technology, NFTs, and community governance. A Unique Gaming Experience Herd allows players to mix sound packs in real time while engaging in DJ battles that are streamed live on Twitch. Notably, players can compete against AI…

Rumors concerning Coinbase and BlackRock were scuttled by industry experts this week. Crypto analyst Tyler Durden had accused the exchange of allowing BlackRock to borrow bitcoin without providing collateral, which would allow for market manipulation. Rumors alleging Coinbase (COIN) was issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday. Over the weekend, well-followed X crypto analyst Tyler Durden accused Coinbase of allowing BlackRock – the issuer behind the largest spot bitcoin exchange-traded fund – to borrow bitcoin without providing collateral, which would allow manipulation of the market and…

The Trump family-backed crypto project, World Liberty Financial, is set to launch its WLFI token presale on Tuesday, with over 100,000 accredited U.S. investors whitelisted. The project aims to raise $300 million, valuing the venture at $1.5 billion. WLFI will serve as a governance token for the platform, which will allow users to engage in borrowing, lending, and other DeFi activities. The Trump family-backed World Liberty Financial has whitelisted over 100,000 accredited U.S. investors ahead of its Tuesday token launch, the project said in an X spaces on Monday. The presale of World Liberty Financial’s WLFI token goes live in…