Author: NBTC

The rapid rise of tap-to-earn games on Telegram, powered by The Open Network (TON) blockchain, has attracted significant attention — and funding — from venture capitalists. Investors are making substantial bets on Telegram’s tap-to-earn games like Notcoin, Hamster Kombat, and Catizen, seeing them as the future of Web3 gaming. But what exactly is driving these investment decisions, and how do investors envision the future of tap-to-earn? BeInCrypto recently interviewed Animoca Brands, one of the biggest TON validators, and Hashkey Capital, which has made significant investments and formed partnerships with Catizen. Investors Eye Social Experiences as the Future of Tap-to-Earn Games…

What do you do when the market is down, and you have an election to win? If you’re a politician, your number one goal is to secure re-election. Crypto icon Arthur Hayes told us that this means you print money and manipulate prices higher. Picture Kamala Harris, the Democratic nominee for US President, facing the formidable opponent known as Donald J. Trump. She needs everything to go right because a lot has gone wrong since her last term as Vice President. The last thing she needs is a global financial crisis on election day. Arthur says that Harris likely has…

A Polygon foundation-linked wallet deposited 15.49M MATIC to Binance while holding 13M MATIC in staking. MATIC’s upcoming upgrade to POL, on September 4th, will play a crucial role in the AggLayer project. According to the Spotonchain data, a Polygon foundation-linked wallet deposited 15.49M MATIC worth $8.1 million to Binance in the past 5 days. And the wallet still holds 13M MATIC worth $6.78 million under staking. At the same time, 824M $TEL was transferred out of the Telecoin Association wallet to Polygon on 20th August. Major transactions on the network often indicate significant institutional interest or strategic movements. Large asset…

Several U.S. politicians, including Donald Trump and Robert F. Kennedy Jr., have floated the idea of creating a strategic Bitcoin reserve ahead of the U.S. elections. However, a BTC crash earlier this week has shaken that thesis. Bitcoin’s price plunged below $50,000 on Monday, triggering over $1 billion in liquidations amid fears of an impending U.S. recession. That volatility, according to some experts, underscores why Bitcoin would fall short as a strategic reserve asset. “Bitcoin is a high-risk asset,” Cerus Markets CEO Michael Brescia told Decrypt. “If we’re not talking about putting other high-risk assets in the national reserve like……

The IOTA Foundation has finished the pre-commercial procurement for blockchain technology in Europe. They have created pre-commercial products for IP Rights Management and Digital Product Passports, which show that their solution can scale and be sustainable, just like their fellow finalists, Chromaway and Billon. In order to continue supporting and driving this vital European effort in its new governance form as EUROPEUM-EDIC, the foundation is currently in discussions with commercial partners. We’re thrilled to share that the #IOTA Foundation successfully completed the final phase of the @EU_EBSI’s Pre-Commercial Procurement. Read about the solution prototypes we built and find out what’s…

U.S. stocks are in the red again. The market is clearly struggling to recover after recent tumbles. On Wednesday afternoon, the S&P 500 dropped 0.5%, while the Nasdaq Composite fell 0.7%. Earlier in the day, both indices were up, with the S&P 500 climbing as much as 1.7% and the Nasdaq jumping 2.1%. Tech and consumer stocks hit hard The reversal shows that stocks are finding it tough to maintain gains from Tuesday, when both the S&P 500 and Nasdaq managed a 1% recovery. This came after a rough period where they each fell 6% and 8%, respectively, over the…

Whale Alert stunned the crypto space today when a colossal transfer of nearly 100 million XRP surfaced. The transfer, worth $58.74 million at the time, took place between two unknown wallets, adding an extra layer of intrigue and mystery. Digging deeper into Bithomp’s on-chain data reveals interesting details about the transfer. First of all, both addresses are freshly created, and their transfer history consists of only two to four transactions. Furthermore, the sender address “raAmB” remained completely empty after all that happened, while the recipient address “rn8oma” was the first transaction ever. After 99.77 million XRP landed on “rn8oma,” the…

Bitcoin price is consolidating near the $57,500 zone. BTC could gain bullish momentum if it clears the $58,000 resistance zone in the near term. Bitcoin started a recovery wave above the $55,500 and $56,500 levels. The price is trading above $57,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $56,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might struggle to clear the $58,250 resistance zone. Bitcoin Price Could Continue Higher Bitcoin price started a recovery wave above the $53,500 resistance zone.…

MakerDAO’s rebranding to Sky has diehard decentralized finance fans worried, but expert claims the move was necessary for the platform. On Aug. 27, MakerDAO founder Rune Christensen announced that the DeFi platform will rebrand as Sky. The protocol’s Dai (DAI) stablecoin will be upgraded to Sky Dollar (USDS) and its governance token, Maker (MKR), will transition to SKY. One thing made DeFi fans worried; the freeze function that comes with the USDS stablecoin. “It’s less about centralization and more about being compliant,” Sean Lee, co-founder and chief strategy officer at IDA, told crypto.news. Lee, whose company is also launching a…

A savvy crypto trader has recently demonstrated remarkable success through a series of well-timed trades in the meme coin market. Following the change of the Ton Blockchain logo to the REDO logo on X, the price of the meme coin REDO experienced a notable surge, increasing by approximately 200%. Seizing this opportunity, the trader sold 881,000 REDO tokens, generating a profit of 107,275 TON, equivalent to 12 times their initial investment. After the logo of @ton_blockchain changed to @redotoken, the price of #MEMEcoin $REDO surged ~200%! A trader sold all 881K $REDO for a profit of 107,275 $SOL($606K), a 12x…