Author: NBTC

Concertgoers at this year’s Coachella Music Festival will be able to earn perks and upgrades by playiing a blockchain-based game called Coachella Quests developed by Ava Labs, the company behind the Avalanche blockchain. Coachella attendees who complete quests at the event and on the Coachella Discord server will earn “stamps” and points that can be traded for exclusive festival benefits and experiences, including access to the Oasis VIP lounge, unreleased music, and more—including a rare NFT that comes with two 2025 festival guest passes. In exchange, Coachella organizers will gain insights into what game-playing guests are doing during the event.…

The Solana ecosystem has experienced notable growth, and SOL’s price has turned many experts bullish on it. Similarly, the Solana-based tokens are showing impressive performances during this bull run, with many being among the top gainers in different timeframes. Related Reading: Solana Smashes Major Resistance Levels, New All-Time High Imminent? Solana Chain Driven By Memecoins? According to CoinGecko data, Solana is currently the 5th largest blockchain by Total Value Locked (TVL), registering over 12.8% growth in the past day. During this timeframe, Solana has outperformed its competitors, including Ethereum, which has registered a 2.2% decrease since yesterday. In the 7-day…

Relm Insurance, regulated by the Bermuda Monetary Authority, is offering a five-product suite of crypto cover offerings. As well as cyber and wallet custody cover, Relm is providing professional liability insurance for crypto trading, as well as cover for losses relating to staking assets on the Ethereum blockchain. Relm Insurance, a specialty insurance carrier regulated by the Bermuda Monetary Authority, has unveiled a new suite of products covering a range of cryptocurrency-related risks, from wallets to investment management. Relm, which also provides insurance to emerging industries like cannabis and psychedelics, offers a five-part offering for digital asset risks, such as…

Bitcoin Miner is one of the most compelling mobile games we’ve played that pays out actual Bitcoin along the way. Unlike BTC-infused riffs on solitaire, sudoku, and other classic games, it does so in a colorful, recursive game about mining fake cryptocurrency. It’s a slam dunk for crypto enthusiasts, even though—as with all of these games—the actual amount of Bitcoin you’ll earn for casual play comes out to pennies per hour. But as we’ve logged hours into the game, we’ve discovered strategies and techniques that can easily boost your stack of satoshis (aka 1/100,000,000 BTC)—without spending a penny to buy…

Robinhood, the trading platform, has been initiated with a market perform rating and a $20 price target by KBW as retail trading sees a resurgence. According to the report, retail engagement saw significant acceleration in the first quarter, prompting KBW to commence coverage of Robinhood. The firm notes that Robinhood‘s share price surged notably as retail trading activity intensified. The duration of this upsurge in retail trading remains uncertain, with KBW raising questions about its sustainability. The research report highlights the potential for continued strength in retail stocks and cryptocurrency prices, suggesting that the heightened engagement from retail investors may…

Zeus Network, a novel initiative striving to increase the operating and collaborating capacity of blockchains, with a special focus on students shared between Solana and other big blockchains, has managed to gather $8 million through the recent financed round. This financial leg revealed the Mechanism Capital that echoes the industry’s cross-chain solutions. By raising money from investors to the tune of $100 million, Zeus had been seen to have a good business and proven project by many investors. Zeus Network: Uniting Solana with major blockchains The whole thing that drives the Zeus Network mission is the creation of a strong…

In an intriguing twist, the co-founder of Dogecoin, Billy Markus, known for his playful and often satirical takes on the crypto industry, has made a statement that has caught the attention of the crypto community. In a whimsical call to action, Markus urged Bitcoin, the first and largest cryptocurrency by market capitalization, to reach the astronomical value of 1 million dollars per coin, all while sleeping. “Dear Bitcoin, please go to 1 million dollars per coin while i am sleeping. Thanks,” Billy Markus, who goes by the name “Shibetoshi Nakamoto” on X, wrote. dear bitcoin please go to 1 million…

Solana has been dominating the Layer 1 blockchain market for some time now, distinguished by its lightning-fast transaction speeds and burgeoning ecosystem. —As of late March 2024, the decentralized exchanges (DEXs) built on Solana have seen an unprecedented influx of activity, with over $50 billion in trading volume this month alone. This figure not only sets a new monthly record since the blockchain’s inception but also signifies a remarkable 126% increase from the previous month’s $28.62 billion.Solana Reaching ATH in DEX Trading VolumeAccording to the data analytics platform DeFiLlama, over $50 billion worth of digital assets were traded on Solana…

On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT project called ‘NuddiesNFT,’ ZachXBT found a disturbing narrative of lies and deception. However, the popular on-chain sleuth uncovered a different story. Within hours of the purported hack, 94 SOL tokens worth around $12,000 were traced to an exchange deposit…

Faruk Fatih Ozer, the ex-CEO of the now-defunct Turkish cryptocurrency exchange Thodex, has been handed a staggering prison term for defrauding investors. Ozer’s conviction has come after a prolonged legal battle stemming from the collapse of Thodex in 2021, during which he absconded with millions of dollars worth of investors’ assets. Ozer, who fled to Albania following the collapse of Thodex, was recently extradited back to Turkey to face charges related to money laundering, fraud, and organized crime. In a ruling that sent shockwaves through Turkey’s financial and cryptocurrency sectors, a Turkish court sentenced Ozer to an astonishing 11,196 years…