Author: NBTC

In today’s digital age, where trust in traditional institutions is wavering, blockchain technology emerges as a beacon of hope, particularly in the realm of charitable giving. With its inherent transparency and immutability, blockchain is revolutionizing the way donations are tracked and managed, fostering a new era of accountability and donor confidence. The convergence of charity and crypto has opened doors to innovative solutions, even extending its influence to seemingly unrelated sectors like online gambling. Believe it or not, some online casinos, embracing the ethos of transparency, have integrated blockchain technology to ensure fair play and auditable outcomes. This unexpected intersection…

Legendary Bitcoin developer Peter Todd has announced that full replace-by-fee (full-RBF) has become the default in Bitcoin Core v28.0. The RBF feature allows replacing unconfirmed Bitcoin transactions with different transactions that offer higher fees. It is generally used for fee bumping, cancelation, or updating transactions. While BIP-125 allows disabling RBF, full-RBF makes sure that transactions are always replaceable. The debates about full-RBF have been raging within the Bitcoin community for more than a decade. Bitcoin is known for being extremely conservative when it comes to implementing significant changes. Todd also argues that the transaction is good for miners due to…

China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of 7 trillion yuan (close to $1 trillion). In addition, China is working with several nations on a cross-border digital currency project, aiming to enhance global payment systems. China’s Digital Yuan Milestones and International Cooperation The State Council Information Office of China held a series of…

The most recent news concerning Justin Sun’s USDD stablecoin has the cryptocurrency community somewhat worried as liquidity on the Tron’s stablecoin might get much thinner. Approximately 12,000 BTC that were held in reserve for USDD were recently moved to HTX, formerly known as Huobi. To put things in perspective, USDD is a stablecoin that is intended to keep a 1:1 peg with the U.S. dollar. Its stability has been called into question, though, by the recent adjustments to its reserves. Currently, there are about 745 million USDD in circulation overall, with a reported collateral value of $1.723 billion. At first…

Popular XRP community figure Luke Thomas believes Grayscale’s launch of an XRP Trusts suggests the SEC might be willing to settle with Ripple, paving the way for an XRP ETF and Ripple IPO. Recall that Grayscale launched its XRP Trust product yesterday, granting accredited investors direct exposure to the seventh-largest cryptocurrency. Although several XRP enthusiasts, like Ripple CEO Brad Garlinghouse, comended the move, others believe Grayscale might have vital information about the SEC v. Ripple lawsuit. Grayscale Re-launches XRP Trust Despite Appeal Rumors For context, Grayscale terminated its previous XRP Trust in January 2021, a few weeks after the SEC…

Think you’re good at the classic shooter Doom? On Thursday, a fully on-chain, weeklong competition called the “Doom Olympics” began with a $15,000 prize pool up for grabs. Crypto gaming project RIVES has previously put “every aspect” of retro games like Tetris on the Cartesi blockchain—an Ethereum-based scaling network that uses Linux-powered rollups—as well as Base, the Coinbase-incubated Ethereum layer-2 network. By doing so, every movement, score, and interaction is recorded and verifiable. With such a robust record of in-game actions, RIVES—short for RISC-V Verifiable Entertainment System—has created the “Doom Olympics” with seven challenges that provide new and intriguing ways…

CARV, a blockchain data protocol designed for gaming and AI projects, announced Thursday that it is launching a $50 million accelerator program aimed at fostering innovation in decentralized data infrastructure. The initiative, called CARV Labs, will support startups working on projects that could drive mass adoption of CARV’s data protocol. Backed by prominent blockchain venture capital firms including HashKey Capital and Ethereum software firm Consensys, CARV Labs will offer funding, technical support, and industry connections to selected projects. (Disclosure: Consensys is one of 22 investors in an editorially independent Decrypt.) “Our goal is to enable a decentralized data ecosystem for…

After a substantial decline, it looks like Bitcoin is headed back up, approaching the critical $60,000 threshold. Still, it is advisable to exercise caution because this upward trend might not be a long-term rally but rather a bull trap or dead cat bounce. With Bitcoin trading at $55,643, the latest market activity indicates a significant rebound. This rebound follows a sharp decline in Bitcoin prices that caused many investors to lose faith in the currency. The surge in volume that coincides with this price increase points to increased activity and interest in the market, but caution is still necessary. The…

Key Takeaways Spot Bitcoin ETFs collectively captured $117 million in net inflows on Tuesday. BlackRock’s iShares Bitcoin Trust sees stagnation, no new capital since late August. Roughly $117 million was pumped into US spot Bitcoin exchange-traded funds (ETFs) in Tuesday trading, while the group of nine spot Ethereum ETFs was back in green after a period of losses, data from Farside Investors shows. Source: Farside Investors Fidelity’s Bitcoin Fund (FBTC) led the pack with around $63 million in net inflows on Tuesday. The gain boosts its total net inflows to $9.5 billion after 8 trading months. At present, FBTC holds…

The meme coin industry, led by Dogecoin (DOGE), is currently valued at about $40 billion, with a daily average traded volume of around $3.14 billion. The Solana (SOL) network remains a top-performing layer one (L1) chain, heavily influenced by its meme coin ecosystem led by dogwifhat (WIF), and Bonk (BONK). According to the latest crypto data, the Solana-based meme coins have a total market cap of about $6.4 billion and a daily average traded volume of about $1.3 billion. Dogwifhat Whales Increases Appetite The recent approval of two spot Solana ETFs in Brazil has set the stage right for further…