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.
IOTA’s Digital Product Passport introduces enhanced transparency and traceability in electronics recycling, promising more sustainable lifecycle management. IOTA seeks commercial partnerships to bring this technology to market, highlighting a significant push towards integrating blockchain in environmental sustainability efforts. Along with achieving Shari’a compliance as certified by the Cambridge Institute, as recently reported in a CNF post, IOTA recently shared an update about their development of an Electronics Digital Product Passport (DPP) prototype. This prototype was created in collaboration with the Technical University of Catalonia and eReuse, according to the IOTA Blog. In a recent tweet, IOTA unveiled their Electronics Digital…
As Bitcoin Price Plummets on Fears of Mt. Gox Sale, Analytics Firm Makes Reassuring Statement
Bitcoin (BTC) experienced a significant pullback this Monday, pushing the cryptocurrency market into a sharp decline. Why the trigger? The currently inactive Mt. Gox crypto exchange announced in July that it plans to return more than 140,000 BTC to customers. These customers’ assets were stolen in a famous hack in 2014. The market is now grappling with the potential impact of more than 140,000 BTC thought to flood the market in less than a month. To put this in perspective, this number is slightly less than the immediate liquidation of Fidelity’s spot Bitcoin ETF, which currently holds 167,375 BTC. But…
According to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, monero (XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. European Retailer Shopinbit Sees Monero Payments Skyrocket in June The European online retailer, which offers over a million products, shared on X this week that monero (XMR) was the dominant payment method in June. The post revealed that 74.54% of all transactions were settled with monero, while 23.64% were onchain BTC payments. Shopinbit, an online retailer established in 2018, offers a variety of products including…
In December, the Zcash founder resigned from his languishing privacy-centric blockchain. Now he’s back working with a Swiss-based entity trying to fix it from the outside. By Steven Ehrlich, Forbes Staff In the fantastical world of crypto, there is a certain amount of veneration afforded to its pioneers. The elusive Satoshi Nakamoto, founder of bitcoin, has achieved mythical status as the industry’s progenitor. Ethereum founder and wunderkind Vitalik Buterin is feted as the intellectual leader of his $283 billion market cap blockchain and conscience for much of the industry. Cardano founder Charles Hoskinson is a cult leader for fans of…
Bitcoin, the world’s largest cryptocurrency, dropped below $60,000, according to the latest data. Thus, the price fell below $ 60,000 for the first time since the beginning of May, when it jumped from $ 58,364. The reason for this movement of BTC price is the sunken Mt. It is shown that the BTCs stolen from the Gox cryptocurrency exchange will be returned to creditors. Il Capo, one of the most well-known analysts in the cryptocurrency world, published a warm statement following the latest development. According to the analyst, BTC failed to regain its target level of $65,000 and fell back…
ChainPort has announced the integration of IOTA EVM as the 24th chain supported on its ecosystem and opening up new opportunities for its users. The integration allows developers to bridge tokens to and from the IOTA ecosystem through ChainPort and gives them access to a scalable network with feeless transactions. ChainPort, a cross-chain bridge that offers full interoperability and enhanced security, has announced the integration of IOTA EVM in its ecosystem. ChainPort completed the integration this week, making IOTA EVM the 24th chain to be supported. The integration comes just two weeks after the platform integrated Linea, a quantum-resistant Layer…
Gold May Be Hinting at Incoming Bitcoin (BTC) Correction, According to Analyst Benjamin Cowen
A closely followed crypto analyst says that one key indicator could be suggesting an incoming correction for Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that the price action of gold could be hinting at a large dip for the top crypto asset by market cap. . According to Cowen, in 2019, Bitcoin finished its rally right after gold broke out to new highs – an event he says is likely taking place again. “Gold broke out in 2019 as well and I know people are [going to say], ‘Well this time…
Plumb was built by developers from EasyA on VeChain and it rewards users with B3TR tokens for sustainable shopping efforts. It emerged fourth in the VeChain and BCG’s hackathon in San Francisco and was developed by serial blockchain entrepreneurs Clive Tsungu and Tom Rowbotham. The VeChain ecosystem has witnessed a rise in platforms that reward users for engaging in sustainable efforts as the network continues dominating the sector. The latest, Plumb, rewards users for making sustainable shopping choices. Plumb was among the projects that emerged from the VeChain hackathon in San Francisco, which was organized in partnership with the Web3…
At the most recent Bitcoin++ developer conference in Austin, TX, Bitcoin Magazine’s Alex B. sat down with Michael from Boltz and Tiero from Ark Labs to discuss the latest developments in Bitcoin’s technology ecosystem, particularly focusing on Lightning Network, Liquid, and emerging technologies like Ark. The Journey and Challenges of Lightning Reflecting on the journey of the Lightning Network, Michael shared insights on the challenges faced, especially in high-fee environments. “The biggest blind spot that was glaringly obvious recently was like in a high fee environment, Lightning tends to hurt a lot,” he said. He elaborated on the difficulties posed…
This article analyzes the potential factors that fueled XRP’s price by 35% in less than two weeks. XRP has attracted the attention of the broader crypto market due to its latest price performance. The crypto asset, which plunged to $0.3911 on July 5, is trading above $0.52 in the hours leading up to press time. With XRP currently priced at $0.5294, the seventh-biggest cryptocurrency by market cap is up 35.36% from its July 5 low. Also, the cryptocurrency has witnessed a weekly gain of 26.4% and a 24-hour surge of 2.12%. 3 Reasons Why XRP Is Up Following its remarkable…