Author: NBTC

ARPA, a prominent blockchain network, announced the launch of its first fully on-chain game, “dear.game,” through its official X handle. This groundbreaking venture has not only marked a significant milestone for ARPA but also led to a substantial yet temporary surge in its native token’s ($ARPA) value. Following the announcement of “dear.game,” the $ARPA token experienced a dramatic price increase, showcasing the immediate impact of the game’s launch on investor sentiment and market dynamics. However, this spike was short-lived, as the token’s price eventually receded to its previous levels. This volatility highlights the typical market responses to major announcements within…

Singapore is now seeking licensing requirements for entities providing custodial and some other services. The changes were passed in parliament in 2021 but Singapore’s central bank made the changes live only on Tuesday. Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday. The change in scope also includes cross-border money transfers even when the money is not accepted or received in the city-state, and the facilitation of the transmission of crypto between accounts and exchanges, The legislation was passed in 2021 with amendments to the…

The top global cryptocurrency exchange, OKX, has announced the future inclusion of Wormhole (W) into the digital assets it offers, which represents important growth in its crypto portfolio. This tactical move seeks to improve the trading experience for its worldwide users by allowing them to trade in a wider variety of digital currencies. WORMHOLE (W), characterized by its advanced technology and potential for cross-chain transactions, is set to be a major part of OKX’s trading platform. The introduction of Wormhole into the OKX lineup will be carried out in a phased manner with a systematic and well-organized three-stage process designed…

IREN (NASDAQ: IREN), a data center business specializing in Bitcoin mining, and AI, said in its monthly investor update that it successfully mined 353 Bitcoins in March. Bitcoin mining in March The 353 Bitcoins mined by IREN (Iris Energy Limited) just ahead of the halving season were made possible by maintaining an average operating hashrate of 7.1 EH/s throughout the month. The increase in mining activity resulted in a surge in monthly mining revenue, which skyrocketed by 56% to $23.7 million. IREN also announced fully funded expansion plans aimed at ramping up its operating hashrate to 20 EH/s by 2024.…

Bivu Das, Managing Director of Kraken UK, expressed strong support for the use of Bitcoin ETFs in the UK. Bitcoin ETFs should “absolutely” be available in the UK, Das said during an interview at the Digital Asset Summit in London. Das said the global environment has improved significantly since the UK restricted such products in 2021. The manager believes that regulators’ concerns about protecting retail investors are somewhat alleviated if investors do not own the underlying asset, which in this case is Bitcoin. According to Das, Bitcoin ETFs are an interesting product with significant return potential. However, Das notes that…

The Chief Legal Officer (CLO) of Ripple, Stuart Alderoty has again provided insights into the court decision in the SEC v. Coinbase legal tussle. On March 27, U.S. District Judge Katherine Polk Failla ruled in favor of the SEC, allowing the Coinbase lawsuit to proceed to the discovery phase. Alderoty has been commenting on the decision since it went public. Over the weekend, he suggested that the SEC presented a facade that would require the regulatory agency to provide strong evidence to support its allegations when the trial commences. Alderoty Faults Court’s Definition of Crypto Ecosystem In a post yesterday,…

Binance, one of the leading cryptocurrency exchanges, announced that it supports the Neutron (NTRN) network upgrade, which is planned to start at approximately 17:30 on April 10, 2024. Binance Will Facilitate Neutron (NTRN) Network Upgrade In preparation for the network upgrade, Binance will temporarily suspend token deposits and withdrawals on the Neutron (NTRN) network, ensuring a smooth transition and optimal user experience. The upgrade is scheduled to take place around 16:30 on the same day, at block height 9,034,900. Despite the suspension of deposits and withdrawals, trading activities involving tokens on the Neutron network will not be affected during the…

In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45 coins to hit the 500,000 milestone. Excluding GBTC, Fidelity’s FBTC and Blackrock’s IBIT Dominate Bitcoin ETFs In Terms of Reserves Held Since their debut on Jan. 11, 2024, the new spot bitcoin ETFs, excluding GBTC, have significantly increased their bitcoin holdings. Among the nine U.S. funds, Blackrock’s IBIT leads with a hefty reserve of 242,829.94 BTC, valued at $15.6 billion according to…

In a series of ongoing court trials linked to Terraform Labs’ fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, one former employee testifies how working with Terraform was rife with pitfalls. Brian Curran, former head of communications at Terraform, told a Manhattan federal jury on Monday that spearheading public relations for the company made him “angry.” Curran tried to be “transparent” to users while doing PR for Terraform, however, the company asked him to write false posts. He further said that working with Do Kwon, the beleaguered founder of Terraform, was troublesome, a report from Law360 revealed.…

Parallel, a science fiction trading card game with support for non-fungible tokens (NFTs), is coming to Epic Games Store following its latest $35 million funding. The developers of Parallel announced on the project’s X account on Apr. 3 that the NFT card game will be added to the lineup of video games available on the Epic Games Store (EGS) marketplace. Although a specific timeline wasn’t provided, the developers mentioned that the integration would enable players to download the game directly from the EGS platform, adding that players can already wishlist the game. Parallel is Coming to Epic Games Store!Soon you’ll…