Author: NBTC
A highly anticipated gaming token and cross-chain platform known as Portal made its debut recently, amid excitement from airdrop participants and Binance token stakers. The token, named PORTAL and built on the Ethereum blockchain, initially hit the market at $2.54 per token, with approximately 167 million tokens available, representing about 17% of the total supply of 1 billion tokens. This places the market capitalization at around $425 million. Portal’s gaming token reaches milestone figure Despite the anticipation, the token experienced a significant price drop shortly after its listing on the Binance exchange, falling to $3.36. This 24% decrease within just…
This post originally appeared on ZeMing M. Gao’s website, and we republished with permission from the author. Read the full piece here. Is Bitcoin’s Merkle tree a binary search tree? Dr. Craig Wright says Bitcoin’s Merkle tree is a binary search tree. BTC devs disagree and question his qualifications. The questioning by BTC and Dr. Wright’s answers show a typical example of Dr. Wright talking about it at a level and depth that others haven’t thought of. Ironically, some even question Dr. Wright’s understanding of technology at the undergraduate level, not in spite of this but because of this. (And…
Neo has unveiled the first eight participants in the Web3.0 Global Acceleration Program. The initiative is a collaboration with Web3Labs, a gateway for Web3 startups in Hong Kong, which seeks to support industry growth by funding innovative projects. Projects will each receive a starting fund of US $20,000, with the potential for up to $100,000 in follow-up investments. Support Program The program, launched in October 2023 with a $10 million fund, reflects Hong Kong’s commitment to becoming a global hub for Web3 innovation. With Neo contributing $1 million, the program supports projects across various domains, including DeFi, AI, and gaming,…
In a recent detailed post on social media platform XMarc van der Chijs, a renowned entrepreneur and venture capitalist, shared his increasingly bullish perspective on Bitcoin, foreseeing a potential supercycle in the cryptocurrency market. He co-founded Tudou.com, one of China’s largest video-sharing websites, which later merged with Youku.com to form one of the country’s most prominent online video companies, Youku Tudou Inc., which was eventually acquired by Alibaba. After his success with Tudou, van der Chijs became increasingly involved in the cryptocurrency and blockchain space. He has been an early investor in cryptocurrencies and blockchain technology, recognizing the potential of…
In 2023, investors in China’s cryptocurrency market saw impressive gains, accumulating approximately $1.15 billion, according to Chainalysis. This achievement placed them fourth globally, trailing behind the U.S., the United Kingdom, and Vietnam. Here’s a sneak peek of our country-based estimates for 2023 crypto investor gains.1. USA at $9.36B 🇺🇲2. UK at $1.39B 🇬🇧3. Vietnam at $1.18B 🇻🇳4. China at $1.15B 🇨🇳5. Indonesia at $1.06B 🇮🇩Read the full blog here to see the entire list. https://t.co/HfD1MuGiA7 — Chainalysis (@chainalysis) March 14, 2024 Chainalysis, a blockchain research firm in New York, highlighted a significant rebound in the crypto space, showing strong continued…
Samson Mow, prominent Bitcoin maxi and chief executive at Jan3, has published a bullish comment on the latest price surge. On March 4, BTC shocked the crypto world and pleased the Bitcoin community by skyrocketing above the $68,000 price level. Mow’s company Jan3 is focused on spreading Bitcoin adoption by nation-states. It was Samson Mow who contributed to El Salvador adopting BTC as a legal tender in 2021, making it the first country ever that gave up using fiat money on the state level. Mow comments on Bitcoin’s upward maneuver Samson Mow tweeted his answer to the question, which he…
The number of crypto investors surged to 19 million in February. The country’s crypto regulator attributes this growth to positive market sentiments fueled by bitcoin’s price surge and altcoin rallies. Indonesia reported a surge in crypto transactions, reaching Indonesian Rupiah 30 trillion ($1.92 billion) in February, the country’s crypto regulator reported. The number of registered crypto investors in the country also hit 19 million last month, marking an addition of 170,000 users from January, the Commodity Futures Trading Supervisory Agency (Bappebti) said. Bappebti attributes this growth to positive market sentiments fueled by bitcoin’s (BTC) price surge and the rally in…
Bitcoin miners have evolved from the beginning when anyone could mine with their CPU at home to a model mostly dominated by sophisticated conglomerates, many of whom employ media relations personnel and use lawsuits, lobbyists, and other corporate tactics to increase their profits. NASDAQ-listed miner Riot Blockchain recently joined a case against the US Department of Energy, in an attempt to prevent the release of survey data about Bitcoin miners’ energy usage. That data would have helped the Department of Energy to recommend better electricity usage policies, however, miners wanted to hide their energy usage from public view, so they…
Experts from the analytical platform Arkham Intelligence have discovered an address associated with the UK government. According to data from March 4, 61,245 Bitcoins (BTC) are held at the UK government address, approximately $4.1 billion at the time of writing. The UK Government is now on Arkham.The UK Metropolitan Police seized 61,000 Bitcoin (currently worth $4B) from Jian Wen and Zhimin Qian in 2018, gaining access to the seized BTC in July 2021.Qian had reportedly purchased the Bitcoin with funds from an investment fraud… pic.twitter.com/BVqRAkE1TW — Arkham (@ArkhamIntel) March 4, 2024 According to experts, in 2018, UK police confiscated 61,000…
In February 2024, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong delivered the country’s Budget Statement for Fiscal Year 2024. The Budget earmarked a substantial S$2 billion funding to enhance its digital economy, signaling a major push towards financial innovation and digital asset integration. In a conversation with Cryptonews.com, Hassan Ahmed, Coinbase Singapore’s Country Director, provided insights into how the investment is poised to fortify Singapore’s digital economy. Ahmed emphasized the initiative’s role in bolstering the nation state’s stature as a fintech hub in Asia. Exciting news for our Singapore customers! Coinbase is introducing free bank transfers and…