Author: NBTC
The political and regulatory landscape of crypto in the United States is at a pivotal juncture, with influential figures like Senator Cynthia Lummis and Representative Patrick McHenry advocating for clearer regulations and a more supportive environment for digital assets as the elections creep closer. Meanwhile, Deputy Treasury Secretary Adewale Adeyemo calls for enhanced Treasury powers to combat illicit finance in the crypto sector, signaling a government push for tighter regulation.While all this is happening, Steven Nerayoff filed a lawsuit against the U.S. government for $9.6 billion over alleged false charges and mistreatment. Crypto at a Crossroads in Upcoming Elections Senator…
Gaming startup Playtron is trying to challenge the dominance of handhelds from existing giants like Steam and Nintendo with the launch of a low-cost, flexible operating system that can run on all kinds of devices—and it’s teaming with Mysten Labs to launch a Sui-branded model. On Wednesday, Playtron and Mysten Labs revealed the SuiPlay0x1 at the Sui Basecamp event in Paris—it’s a handheld gaming device that runs the Linux-based Playtron OS. Expected to launch in 2025, the portable console will be able to run games built on Sui, but also blockchain games on other networks, as well as PC games…
Theta Labs recently talked about its much-anticipated EdgeCloud Q2 release. The team is working to launch the v1 of EdgeCloud right now. The tool suite will enable researchers, enterprises, and developers to access the most effective GPU processing power. The power can be used for gaming tasks, and 3D, video, and AI rendering. The strategy will combine the advantages of decentralized platforms and cloud computing. EdgeCloud, powered by the robust Theta Edge Network, will increase overall processing power for all users. Theta Labs previously announced the debut of its EdgeCloud toolset with other AI models a week ago. Now, the…
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382. The purchase brings the firm’s holdings up to 214,246 BTC – officially over 1% of all Bitcoin that will ever exist. Michael Saylor Buys More Bitcoin As noted by MicroStrategy co-founder and chairman Michael Saylor, the company’s total Bitcoin book cost is now $7.53 billion, at an average purchase price of $35,160 per coin. This figure is roughly corroborated by saylortacker.com, which tracks the performance of MicroStrategy’s Bitcoin investment over time based on Saylor’s publicly declared Bitcoin purchases. MicroStrategy has…
Despite XRP’s underperformance recently, Attorney Bill Morgan still believes it can reach a new all-time high (ATH) this year. For many investors, XRP’s performance has been disappointing, as the coin seems to be missing out on the ongoing bull run. While the prices of most crypto assets, including BTC and ETH, have spiked tremendously recently, XRP has remained around the $0.6 level for weeks. It bears mentioning that XRP’s low performance has been attributed to the ongoing legal tussle between the SEC and Ripple. The lawsuit, which was introduced in December 2020, has had a devastating impact on the coin.…
The proposal of Worldcoin, which involves scanning the iris in exchange for the crypto, is causing discord in Argentina and has also caught the attention of the Italian Data Protection Authority. Even though cryptocurrency has sparked interest during the economic crisis in the country, the Italian Data Protection Authority has warned about the possible violation of the EU Regulation on the protection of personal data. Let’s see below all the details. Worldcoin crypto: potential violation of EU data protection regulations The Orb project and the disputed creation of a global identity Advanced privacy features: increased user control Worldcoin crypto: potential…
In a significant move aimed at reshaping the landscape of Web3 gaming, ARPA Network has forged a strategic partnership with Cradles. ARPA is the driving force behind Randcast, a secure on-chain verifiable random number generator (RNG), while Cradles is a renowned AAA MMORPG blockchain game with a unique blend of PvP, PvE, and ecological strategy gameplay. This collaboration marks a monumental stride in ARPA’s mission to foster the evolution of Web3 gaming experiences. 🌟 ARPA Network is thrilled to partner with @cradlesio, an AAA #MMORPG blockchain game known for its unique blend of PvP, PvE, and ecological strategy gameplay. https://t.co/di4OI2lEYE🌐…
A Bridge to New Frontiers: exSat’s Pioneering Protocol for Bitcoin In the dynamic sphere of cryptocurrency, Bitcoin’s foundation remains unshaken as the beacon of decentralization. However, the scalability hurdles and smart contract limitations it faces have sparked a quest for solutions that can marry Bitcoin’s unwavering reliability with the nimble functionality of Layer 2 platforms. exSat emerges as a pathbreaker with its Docking Layer, an engineered marvel set to unify with Layer 2 solutions, propelling the titan of crypto into a new era of smart contracts and enhanced interoperability. Scaling Bitcoin: A Quest for Harmony The quest to elevate Bitcoin…
Shiba Inu lead developer Shytoshi Kusama recently reacted to a past remark from billionaire Elon Musk, endorsing the importance of the meme culture. In a recent post on X, Kusama spotlighted a remark made by Tesla CEO Elon Musk. Notably, Musk declared in June 2020 that whoever has mastery of memes would control the universe, a lighthearted comment aimed at endorsing the significance of the meme culture in online interactions. Shiba Inu Lead Reacts to Elon Musk’s Post Nearly four years after this post, Kusama’s attention was called to the remark, triggering a reaction from the lead Shiba Inu developer.…
While some celebrated the 25-year sentence handed down to multi-billion dollar fraudster Sam Bankman-Fried, others suggested it was too harsh a punishment for a non-violent first-time offender. Whatever your view, it’s safe to say there was a collective sigh of relief from almost everyone involved when the crypto trial of the century came to a close. However, the sentence comes with some caveats and opportunities and it’s worth diving into exactly what we can expect to happen next. Appeals SBF has already made it clear that he doesn’t only believe the appeals process will grant him his freedom — he’s…