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.

In a crucial development for the crypto trading sector, The Birb Nest has commenced an exclusive collaboration with dYdX, a popular decentralized trading company. The partnership targets to combine the comprehensive market analysis capabilities and educational resources of The Birb Next with the advanced DeFi platform of dYdX. We’re thrilled to announce a new partnership with @dYdX! 🔥This collaboration will combine our educational background and market analysis expertise with dYdX’s advanced #DeFi pro trading platform to empower traders with top-notch tools, education, and resources to help them in… pic.twitter.com/1oOchVjtj1 — THE ₿IRB NEST (@TheBirbNest) September 21, 2024 Through this collaboration,…

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In a recent tweet, SBI Digital Community, an arm of Japanese Financial giant SBI, spotlights its recent strategic partnership with Ripple. Through this strategic partnership, both companies will work to popularize the XRP Ledger through Bto3. In the tweet, which was written in Japanese, SBI stated it was planning several initiatives with Ripple: “We are planning various interesting events with Ripple, but here is what we can announce at this time,” the tweet translated from Japanese reads. SBIデジタルコミュニティーはこの度、Ripple社 (@Ripple )との戦略的提携を発表いたしましたhttps://t.co/N0uaZLB9S5Ripple社は #XRP を利用したクロスボーダー決済ネットワークを開発しております今回の戦略的提携により、Bto3を通じて、XRP Ledgerの普及に向けた取り組みを行ってまいります。 pic.twitter.com/KK06VNrQ7v — SBIデジタルコミュニティー株式会社 (@SBI_DC) August 15, 2024 SBI has also announced a giveaway to celebrate its historic…

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Hamster Kombat (HMSTR), a play-to-earn mobile game hosted on the Telegram platform, gained more support from the world’s biggest crypto exchange, Binance, ahead of the much-anticipated airdrop. The exchange launched the Mega Campaign which is said to be the one-stop shop for Hamster. The epic Telegram-based clicker game just took its snapshot for Season 1 and locked in token distribution for the upcoming token generation event (TGE) on September 26. With over 300 million active users, the game’s anti-cheating strategy ruffled some fur as many players got slashed for being labelled as cheaters. Hamster Kombat’s secret airdrop announced In the…

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In a recent discussion on X, the debate over the classification of crypto assets as securities or commodities took center stage. An X user suggested that Bitcoin might be considered a security, prompting a response from Ripple’s chief technology officer (CTO), who offered an insight into what constitutes a commodity. Schwartz, known for his active engagement in crypto-related discussions, responded by highlighting a key aspect of what differentiates commodities from securities. Everyone who owns a commodity has a common interest in seeing its value increase, but that is not a common *enterprise*, which is what you need to have an…

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Binance’s potential listing of Hamster Kombat ($HMSTR) on its platform has sent the crypto market into a frenzy, igniting enthusiasm among traders and investors. This listing, coupled with the game’s massive user base, highlights both Binance’s expanding influence and the growing potential of the $HMSTR token. Hamster Kombat, a popular tap-to-earn game, boasts a community of over 300 million people and attracts more than 50 million daily players. With a vast user base, the game has captured significant attention. Binance’s decision to list $HMSTR signals a strategic move to broaden its range of available tokens. This addition underscores Binance’s commitment…

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As it became known thanks to a report from Whale Alert, tens of millions of XRP left the major crypto exchange of Korea Upbit to an unknown destination. In particular, 30 million XRP worth about $17.4 million left “rDxJNb,” which belongs to Upbit, to the wallet “r4186.” There is no specific information about this wallet, as according to Bithomp explorer of XRP Ledger, it does not belong to any known holder. It was activated in June this year with 11 XRP. After receiving 30 million tokens, the recipient started distributing this colossal amount to other unknown wallets, and as a…

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In an exclusive development concerning the blockchain, fitness, and sports industries, Ave.ai is starting a new partnership with Thravos.io. As per Ave.ai, the collaboration targets to benefit from advanced technologies such as real-world assets (RWA), decentralized physical infrastructure networks (DePins), and blockchain technology to develop an interactive and unique experience for fitness enthusiasts, fans, and athletes. Welcome aboard @thravos_io as our new partnerThravos is democratizing access to athletes and sports brands. Incorporating RWA, AI, blockchain and DePIN, Thravos’ game mechanics ensure that fans/fitness enthusiasts are engaged in thrilling physical fitness group and 1-on-1… pic.twitter.com/60dunM8NxQ — Ave.ai (@aveaiofficial) September 21, 2024…

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Renowned economist and cryptocurrency critic Peter Schiff has taken aim at Michael Saylor’s recent excitement over the increasing adoption of Bitcoin as a strategic treasury asset by corporations. Michael Saylor, a well-known Bitcoin advocate and chairman of MicroStrategy, recently shared his excitement on X about the growing adoption of Bitcoin as a strategic treasury asset. Quoting a remark made by Bitcoin investor Bill Miller in a recent CNBC interview, Saylor tweeted, “We now have additional companies coming out and saying we’re going to put Bitcoin on our balance sheet as a strategic treasury asset.” Bitcoin is neither strategic nor appropriate…

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LlamaRisk, Aave’s risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo’s Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform. However, the Aave community, including Marc Zeller, founder of the Aave Chan Initiative (ACI), is opposed to this move. Aave Community Debates WBTC Proposal The proposal highlights concerns stemming from BitGo’s custodial transition for WBTC. In August, BitGo announced its plan to transfer control of WBTC to a joint venture with BIT Global, a partnership that includes Justin Sun, founder of the Tron blockchain. Sun’s involvement has raised transparency concerns. “Although we continue to be in…

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Lookonchain reports that whales are scooping Aethir (ATH) tokens, suggesting it is the new gold rush amid soaring demand for GPUs. Decentralized Physical Infrastructure Networks (DePin) continue to be a growing narrative, transforming the tech sector. They enable decentralized projects in real-world infrastructure. Whales Flock to DePin Token ATH On Thursday, Arthur Hayes reportedly purchased 11.4 million ATH tokens worth approximately $800,000 from OKX, according to Lookonchain. The BitMEX founder also received 29.611 million ATH tokens from multiple exchanges, including KuCoin, Bybit, and HTX, as highlighted by Arkham. Meanwhile, WuBlockchain indicates that Hayes holds 41.011 million ATH, worth about $2.84…

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