Author: NBTC

Manta Network has announced a four-year program that will see the modular blockchain for zero-knowledge applications share gas rewards with the platform’s users. On Sept. 30, Manta Network introduced its “Gas Gain” plan, which aims to return 50% of gas fees in MANTA tokens to its web3 users. Over the next four years, the project will return half of all gas profits on Manta Pacific to its most active community members. Manta Pacific is an Ethereum (ETH) virtual machine-equivalent zero-knowledge platform leveraging the Celestia DA and Polygon zkEVM. Read more: Zilliqa announces permanent fix after latest bug halts block production…

Alchemy Pay has introduced a new feature that simplifies cryptocurrency purchases for users in the European Union. By integrating EU Open Banking through Volt, the company now allows users to make instant payments in Euros. This update aims to provide a faster, more convenient way to buy digital currencies. In addition, it supports over 200 payment channels, including major banks, mobile wallets, and local banks. 💳 Exciting news from #AlchemyPay! Elevating convenience with EU Open Banking via Volt for seamless crypto purchases. Join us as we guide you through leveraging this integration to simplify your crypto transactions. Start your crypto…

The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners. The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bitcoin Festival. Featuring both a semi-pro and amateur division, the winner of each division will receive their payouts in bitcoin. Entrants will also have the opportunity to win Bitcoin hardware wallet devices provided by CoinKite. “This will be an incredible event, bringing together two talented and high…

Ethereum currently trades at $2,463.82 with a 2.13% daily increase. A $Neiro trader missed a 16,690x potential return after selling early. Ethereum is currently trading at $2,463.82, marking a 2.13% increase over the past day. Despite this upward momentum, trading volumes decreased by 16.84%, reflecting a drop to $12.53 billion. Ethereum’s market cap now sits at $296.6 billion, contributing to the broader crypto market’s recent recovery. A trader bought 8.41 billion $Neiro tokens for just 0.32 ETH ($1,000). He sold all the tokens for 9.98 ETH, making $32.4K, a 30x return on investment. However, had he held onto those tokens,…

Fiona Murray, Managing Director for Asia Pacific at Ripple, has revealed that Singapore handles more than 50% of Ripple’s digital asset payment flows. Murray made this revelation during a panel session at the recently concluded Token 2049 conference held in Singapore. XRP community figure Eddie, aka “Crypto Eri,” called attention to the statement in a post on X. During the session, Murray emphasized the growing significane of Singapore as a hub for Ripple’s cross-border payment services. She stated that the U.S. does not play a substantial role in these operations due to regulatory uncertainty. Singapore Helping Ripple’s Payment Operation Ripple…

Taiwan will allow banks to test digital asset custody services, focusing on institutional clients starting in early 2025. Ripple’s expansion in Asia strengthens with a major payment license from Singapore’s financial regulator. As its Financial Supervisory Commission (FSC) gets ready to introduce a trial for digital asset custody services, Taiwan is likely to make major advancements in the crypto market. Beginning in early 2025, the program will let three big banks protect digital assets, including well-known cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. Encouragement of financial innovation is the key objective, all the while keeping rigorous regulatory compliance. Aiming to establish…

The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5%, marking the first rate cut in four years after the central bank’s most aggressive hiking cycle. Fed members expect median benchmark rates to come down to 4.4% by year-end, reflecting some 50 bps more cuts in the next two Federal Open Market Committee (FOMC) meetings, according to the Fed’s quarterly economic projection. That’s up from only one cut projected in June. In the minutes following the FOMC decision, the price of bitcoin (BTC) shot up 1.2% to $61,000 before paring gains. The largest cryptocurrency…

Will fragmentation tear Ethereum’s booming ecosystem apart? Vitalik Buterin urges “alignment,” but is it too late? Experts share their insights. Table of Contents Buterin suggests ‘alignment’ Three pillars of Ethereum alignment Metrics to measure alignment Experts weigh in Buterin suggests ‘alignment’ Over the past few years, Ethereum’s (ETH) ecosystem has expanded rapidly. As of 2024, there are over 4,000 decentralized applications and dozens of layer 2 solutions built on Ethereum, each with a unique team and vision. However, this diversity creates a challenge: fragmentation. How can such a large, decentralized ecosystem work together toward common goals without losing its unique…

The Dutch crypto market attracts local and international exchanges, offering diverse options for investors. Social trading and user-friendly interfaces are key features driving adoption among Dutch crypto enthusiasts. Compliance with local regulations and support for Dutch payment methods are important factors for success in the Netherlands. In the bitcoin centers of the world, the Netherlands has gradually established itself as a significant player in the booming exchange industry. The following article selects five representative sites that have recently attracted the attention of Dutch investors and traders. eToro: Social Trading Pioneer The social trading platform that anyone familiar with eToro knows…

Global accounting firm KPMG believes that strong custodial practices are key to boosting Bitcoin (BTC) adoption among institutions and businesses. According to its recent report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” custodians play a crucial role in safeguarding Bitcoin holdings and are vital for the industry’s growth. It added that custodians must ensure they have solid frameworks in place to deal with any emerging threat, as security is of the utmost importance in driving adoption. Critical role of custodians The report outlined that while Bitcoin’s decentralized nature allows users to control their assets, managing cryptographic keys…