Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Quantum computers could create some problems for Bitcoin. Four years ago it was hypothesized that it would take decades before quantum computers could actually be used on a large scale, for example, to mine Bitcoin. A recent survey reveals instead that the times could be much shorter. The survey The status quo The mining of Bitcoin The other problems The solutions to the problems of quantum computers for Bitcoin The survey Recently, the results of a QuEra survey conducted on 927 people worldwide connected with quantum computing, such as researchers, executives, journalists, and enthusiasts, were published. Among the various questions…
Uniswap Labs is readying to launch the fourth iteration of its platform, v4, and is offering $2.35 million in the largest prize pool in DeFi history. Applicants will help Uniswap independently review its v4smart contracts and Universal Router System, which facilitates ERC-20 swaps. Uniswap Labs, the company behind the leading decentralized crypto exchange, has announced the largest prize pool in the DeFi ecosystem. The $2.35 million prize pool is available to developers who participate in the independent review of its upcoming fourth iteration, better known as v4. The Uniswap Foundation, whose mission is to build a self-sustaining community for the…
Fan tokens based on members of England’s Euro 2024 team, including Jude Bellingham, manager Gareth Southgate, and captain Harry Kane, have all tanked in price ahead of the make-or-break quarter-final clash against Switzerland on Saturday. The tokens were created to cash in on the hype around the quadrennial tournament. However, it didn’t take long for them to be labeled as scams. Indeed, speaking about Captain Harry Kane token ($CHK), Russian cybersecurity provider Kaspersky said: “Hackers are taking advantage of the popularity of Euro 2024 to sell personalized coins featuring the most popular players, promising impressive returns.” The coin has dropped…
Binance has announced support for the upcoming Frontier (FRONT) token swap and rebranding to Self Chain (SLF). Binance to Support Frontier (FRONT) Token Swap and Rebrand to Its Own Chain (SLF) This change includes the delisting of existing FRONT spot trading pairs and the launch of SLF trading pairs by the end of August. Important Dates and Changes August 27, 2024, 06:00: Binance will delist all FRONT spot trading pairs (FRONT/BTC, FRONT/TRY, FRONT/USDC, and FRONT/USDT) and cancel all pending orders. August 27, 2024, 06:30: Deposits and withdrawals for FRONT tokens will be suspended. August 30, 2024, 11:00: Trading will open…
Catalyst That’s Historically Led to a Massive Bitcoin Rally Is Gaining Momentum, Says Analyst Jamie Coutts
Real Vision analyst Jamie Coutts believes Bitcoin (BTC) could be on the cusp of a massive rally based on one factor historically associated with bullishness. Coutts says momentum in global liquidity is “starting to accelerate higher, ” offering the perfect bullish setup for Bitcoin. The Real Vision analyst says that these conditions coincide with “all the froth from exchange-traded funds’ (ETFs) launches and excess leverage” leaving the Bitcoin market. “Over the past decade, Bitcoin has had a tendency to trough several months before the bottom in global money supply. Then it rips, gets way ahead of the move in liquidity,…
In a significant development for the cryptocurrency market, Binance has announced its support for the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). This decision comes during a period of rapid adjustments in the exchange’s policies and operations. The announcement has already sparked a notable reaction in the market, particularly affecting the value of FRONT. Contents hide 1 Why is Binance Rebranding FRONT? 2 How Did the Market React? 3 Key Takeaways from Binance’s Move Why is Binance Rebranding FRONT? Binance declared that it would delist all FRONT trading pairs, including FRONT/BTC, FRONT/TRY, FRONT/USDC, and FRONT/USDT, by August…
According to finance lawyer Scott Johnsson, the United States Marshals Service, a federal law enforcement agency, is “almost certainly” selling Silk Road-linked Bitcoin holdings. As reported by U.Today, the U.S. government sent nearly $600 million worth of Bitcoin to the Coinbase exchange on Aug. 14. Prior to that, the United States Marshals Service inked a partnership with the largest US trading platform for storing its confiscated coins. Many assumed that the US government simply sent these Bitcoins for custody. However, Johnsson is convinced already sold these coins or is selling them in the immediate future. “Given the agreement requires USMS…
Historical data confirms Bitcoin price movements in 2024 mirror patterns witnessed in previous halving years such as 2016 and 2020. This is according to a report from Julio Moreno, Head of Research at market intelligence platform CryptoQuant. Moreno disclosed this on X while citing insights from the “Cumulative Return Index on Halving Years,” a metric that tracks Bitcoin’s price action for every year it witnesses a halving. Bitcoin Follows Previous Patterns Interestingly, the metric confirms that Bitcoin’s price movements were similar at the start of all four halving years. These include 2012, 2016, 2020 and most recently, 2024. However, a…
Layer-1 proof-of-stake (PoS) blockchain Tezos (XTZ) has been making a defined attempt to revive its ecosystem. In its latest campaign to achieve this feat, the protocol has revealed a key metric that shows the recovery is gradually underway. Tezos gaming noost In the protocol’s latest post on X, it noted that its gaming ecosystem recorded a 558% jump in active gamers. With facts corroborated by the analytical platform Messari, the feat is notable, considering the frantic efforts to gain a foothold on some of the key areas that can drive its growth. Some of the protocols driving the gaming revolution…
Shiba Inu’s social media marketing lead, Lucie, has published a tweet, in which she responded to haters who have been spreading hate and FUD against the main coins of the Shiba Inu ecosystem, the so-called Shibarium trifecta – SHIB, BONE, and LEASH. Lucie’s warning to Shibarium token haters Lucie, who prefers not to reveal her last name to maintain personal privacy, warned all crypto users who are attacking the Shibarium trifecta with FUD and hate. She reminded the community and those ill-doers that SHIB, BONE and LEASH were on the list of the top 500 coins over the past week.…