Author: NBTC
DeSpread has recently announced its partnership with Stacks. It marks a significant milestone in the evolution of the Bitcoin ecosystem. This strategic partnership shows DeSpread’s commitment to blockchain innovation and decentralized finance platform improvement. THE WORLD WITH ORANGE WAVES🟧1/ We’re happy to announce that DeSpread is joining @Stacks as a signer to support the #Bitcoin ecosystem!⤵️ pic.twitter.com/eBzp3U4Hg3 — DeSpread (@DeSpreadTeam) March 6, 2024 Collaboration Between Stacks and DeSpread Paves the Way for Decentralized Finance Growth This partnership centers on Stacks, a fast-growing ecosystem known for its creative Bitcoin layering. Stacks aims to become a Layer 2 Bitcoin solution, following Satoshi…
Bitcoiners have struck a significant victory in their push to strike down the U.S. Department of Energy’s statistics unit’s “emergency” bitcoin mining order. According to court documents, the Energy Information Administration is dropping its mandatory survey sent to hundreds of miners in favor of the proper notice and comment period required by law. The EIA hastily announced the order in early February, calling the data request a matter of national importance. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter…
Partnership with Uphold boosts FLOKI’s accessibility on a global scale. FLOKI hits $526M TVL, outshining other top memecoins. FLOKI DAO approves a 190.9 billion token burn for value enhancement. In a major leap forward, the popular crypto meme token FLOKI has joined forces with Uphold, a global digital trading platform boasting over 30 million users. This collaboration marks a significant milestone for FLOKI, often dubbed ‘The People’s Cryptocurrency’, as it expands accessibility through one of the world’s largest retail trading outlets, especially in the US market. You can now trade $FLOKI on Uphold!Uphold is a global, multi-asset digital trading platform…
Ubisoft is bringing another one of its big-budget video game franchises into the crypto world in a collaboration with Ethereum NFT card game Cross the Ages, which will launch in-game cards inspired by the Watch Dogs series. According to a tweet and an announcement on Ubisoft’s official Discord server, cards inspired by the Watch Dogs game franchise will be released for purchase in Cross the Ages on April 3. No further details have been released, but the first trailer below showcases vigilante hero Aiden Pearce from the original 2014 game. The Watch Dogs series has thus far spanned three open-world…
South Korean authorities are set to probe Sam Altman’s Worldcoin following complaints about the unorthodox methods the iris-scanning firm uses to collect its data. According to South Korea’s Personal Information Protection Commission, its investigation, which began on February 29, will establish if Worldcoin has breached the Personal Information Protection Act. The authority said “if violations are confirmed,” it will “take action in accordance with relevant laws and regulations.” The press release, translated via Google, said the South Korea Worldcoin investigation will look into “the overall collection and processing of sensitive information and overseas transfer of personal information.” It also noted…
The world’s second-largest cryptocurrency Ethereum continues on its mega bull run with the ETH price skyrocketing all the way past $3,700. As of press time, ETH is trading 7% up at $3,713 with a market cap of $446 billion. SEC Delays BlackRock Spot Ethereum ETF Proposal On Monday, March 4, the U.S. Securities and Exchange Commission (SEC) announced a delay in its decision timeline regarding BlackRock’s proposal for a spot Ethereum ETF. This marks the second postponement of the SEC’s decision on BlackRock’s iShares Ethereum Trust. Additionally, the SEC has sought public feedback on whether the ETF should be approved,…
Yuga Labs has released their under-development Metaverse “Otherside” and received mixed reviews for the same from the initial users. Yuga Labs is a blockchain technology company involved in the development of NFTs and digital collectibles. It has dedicated itself to shaping Web3 through storytelling, experience and community building. The company recently did a test of its Bored Apes-themed other side, Metaverse for a handful of NFT holders this week. The metaverse is designed for players to decide their fun, which means that there is little guidance available and players themselves must control their own experiences. After the launch, users shared…
Ripple announced that it had reached an agreement to acquire Standard Custody & Trust Company. The objective is to strengthen its product offering amid the growing customer demand. Also, acquiring Standard Custody aligns with its mission of furthering its commitment to regulatory compliance. Ultimately, the idea is to grow its enterprise blockchain solutions. Ripple said that it was now suited to house institutional-grade solutions that support organizations in their endeavor of tokenizing, storing, exchanging, and moving value. Monica Long, the President of Ripple, said that they will now continue to leverage their strong financial standing to expand product offerings, serve…
Vancouver-based crypto mining company HIVE Digital Technologies Ltd. (NASDAQ: HIVE) has announced an increase in its Bitcoin production capacity and holdings for the month of February 2024. Although production indicators have increased on a monthly basis, the number of Bitcoins mined has decreased. In January, it was 234.6 BTC, averaging 7.6 BTC per day, while in February, it was 200 BTC, averaging 6.9 BTC per day. HIVE’s mining operations maintained an average hashrate of 4.06 Exahash per second (EH/s) throughout February, resulting in an average production of 60.5 Bitcoin per Exahash. This performance was further bolstered by the integration of…
While Binance, the world’s largest cryptocurrency exchange, continues to list altcoins and launchpoll, investors are also investigating altcoins that have the potential to be listed on Binance. Because the prices of altcoins listed in Binance futures or spot transactions generally skyrocket and big gains are made. Cryptocurrency analysis firm Layergg said that Binance recently announced the cryptocurrency projects that were selected for the MVB Accelerator Program Season 7 and have investment potential, and that they have the potential to be listed on Binance. Pointing out that artificial intelligence (AI) projects are among the cryptocurrency projects selected for Binance’s MVB Accelerator…