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.
A group of Bitcoin Core developers has introduced a comprehensive security disclosure policy to address past shortcomings in publicizing security-critical bugs. This new policy aims to establish a standardized process for reporting and disclosing vulnerabilities, thereby improving transparency and security within the Bitcoin ecosystem. Several previously undisclosed vulnerabilities are also included with the announcement. What is a Security Disclosure? A security disclosure is a process through which security researchers or ethical hackers report vulnerabilities they discover in software or systems to the affected organization. The goal is to allow the organization to address these vulnerabilities before they can be exploited…
Ethereum exchange-traded funds will finally hit U.S. markets tomorrow after the Securities and Exchange Commission said yes to the products in May and signed them off for trading today. The Bitcoin equivalent has been a roaring success following its launch in January. The funds—which allow investors to buy shares that track the price of the cryptocurrency—received lots of attention as traditional investors previously spooked by the complex crypto space could finally get exposure to an asset on a traditional stock exchange. So will traders repeat the rush and flood the new Ethereum funds with cold, hard cash? Can we look…
Ego Death Capital, a venture capital fund focused on investing in Bitcoin technology startups, has announced the successful first close of its $100 million second fund. The fund has already secured $43.35 million in commitments from investors, underscoring strong interest in backing the next wave of Bitcoin companies. Ego Death has previously backed leading startups like Relai, Breez, Fedi, LN Markets, and more. Founded by Jeff Booth, Andi Pitt, and Nico Lechuga, Ego Death Capital targets Series A investments in rapidly scaling Bitcoin startups with this fund. Preston Pysh and Lyn Alden have also recently joined them as a General…
Leading crypto exchange Bitrue spotlights XRP’s remarkable performance over the past week, inviting speculations about whether the coin could sustain its upward trend. In a recent X post, Bitrue called the public’s attention to XRP’s dominance within the crypto market over the past week, offering intriguing updates about the fourth-biggest altcoin. 🔔 If you haven’t already heard about what’s been going on in #crypto this week, $XRP has been dominating all week. Here’s a quick weekend round-up of #XRP this week! Here are some highlights: 🔸 $XRP traded above $0.60 this week🔸 $XRP expects their legal issues with the SEC……
ORIGYN, the premier Real World Asset (RWA) protocol, has officially launched on LBank, marking a significant milestone in the blockchain and asset certification industry. With its advanced technology and innovative approach, ORIGYN is set to redefine the standards of asset verification and authenticity across various sectors. Decentralized and Neutral Protocol ORIGYN operates as a decentralized RWA protocol, backed by a Swiss foundation. This structure ensures that the protocol remains neutral and accessible to all, including competitors. By decentralizing the certification process, ORIGYN guarantees transparency, security, and trust, making it a reliable solution for businesses worldwide. Broad Industry Adoption Already, ORIGYN’s…
Minima, a fully decentralized and device-agnostic Layer 1 blockchain platform, has teamed up with Mercury FX, a global currency payment solution provider, to develop an innovative alternative to SWIFT, the world’s largest payments messaging network.—This partnership aims to pilot a groundbreaking proof of concept that leverages Minima’s information transport layer protocol, Maxima. Maxima enables secure and decentralized information exchange by requiring devices to perform a small amount of work, known as Transaction Proof of Work (TxPoW).Utilizing Maxima’s peer-to-peer (P2P) network, messages are encrypted and can only be deciphered by the intended recipient. This is achieved by encrypting the messages with…
The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” is a term used to describe the price gap that emerges on the Bitcoin CME futures chart. Unlike Bitcoin’s spot markets that operate 24/7, the CME Bitcoin futures market only trades five days a week, closing over the weekend and on holidays. This difference in…
Crypto asset manager Grayscale has transferred a hefty sum of Ethereum to Coinbase Prime as exchange-traded funds (ETFs) associated with the asset gear up for a trading debut in the U.S. this week. Grayscale’s transaction of $1.01 billion to Coinbase Prime on Wednesday prompted market participants to suggest Grayscale might be preparing for a sell-off to reinvest in another crypto, such as Solana. Jon Campagna, managing partner at crypto hedge fund Nexyst Digital and formerly associated with Coinfund and Blackrock, dismissed these claims in a Tuesday post on X, saying Grayscale is unlikely to reallocate its Ethereum holdings. It comes…
Saint Vincent and Grenadines — ZAP, the innovative reputation-based token distribution protocol and Big Bang winner on Blast L2, announced today a successful $15 million funding round. The round was led by Rarestone Capital, Cypher Capital, and Sharding Capital, with participation from Auros Global, Presto Labs, and notable angels including Larry Cermak (CEO, The Block), Chelsea Jiang (Foresight Ventures), Luca Netz (CEO, Pudgy Penguins), and members from LayerZero.—ZAP is a community-driven token distribution protocol designed to validate user contributions, ensuring fair and meritocratic rewards that help projects sustainably build and grow their communities. The protocol offers a comprehensive suite of…
XRP whales have been on an aggressive buying spree, snapping up over 140 million XRP in the past week. According to crypto analyst Ali, over 140 million XRP were bought by XRP whales in the past week. This massive acquisition, valued at approximately $84 million, signals bullish sentiment among XRP large holders, or whales. In the last week, whales bought over 140 million $XRP, valued at approximately $84 million! pic.twitter.com/s22yK8wlZS — Ali (@ali_charts) July 23, 2024 XRP has been on a positive trend since July 5, increasing about 40% in the last week to reach highs of $0.637. This uptick…