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.
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Coin98 Super Wallet has announced an exclusive integration. According to the firm, the initiative provides the facilities of the cost-effective blockchain of Solana to the dApps in the Ethereum ecosystem. The platform took to its official social media account to announce this endeavor. Coin98 integrates @Neon_EVM, the first parallelized EVM on #Solana to the latest version.From now on, users can then seamlessly transfer SPL tokens between Solana and Neon EVM via Coin98 Super Wallet connection, enabling further exploration of this ecosystem. Coin98 Facilitates Ethereum-Based dApps with Solana’s Low-Cost and High-Speed Blockchain by Integrating with Neon EVM In addition to this,…
Over the last 24 hours, Bitcoin (BTC) has attempted to halt the freefall that saw the maiden cryptocurrency lose major support levels. Although Bitcoin is showing short-term bullishness by regaining the $56,000 resistance zone, crypto analyst Ali Martinez has pointed out that the asset is not yet out of the woods. In a July 5 post on X (formerly Twitter), Martinez noted that Bitcoin faces a crucial threshold to revive its bullish momentum. He emphasized that Bitcoin currently lacks robust support, and the asset must close above $61,000 to reignite its upward trend. It’s worth noting that since Bitcoin attained…
South Korea’s inaugural law to protect crypto investors came into force on Thursday as the country attempts to close its regulatory shortcomings related to the industry. The Virtual Asset User Protection Act aims to target unfair trading practices following incidents of bygone years including the likes of the Terra-Luna crash and FTX’s collapse. The law’s implementation follows recent initiatives by South Korean crypto exchanges to prevent mass delistings ahead of the new regulatory measures. South Korea’s Act defines digital assets as electronic tokens with economic value that can be traded or transferred electronically. While it includes crypto in general, it…
Crypto exchange OKX has introduced its Sui Learn and Earn program, which will run from 18 July to 18 August. Traders, trailblazers, lock in👇Join the $SUI Learn & Earn Airdrop to share an exclusive 62,000 $SUI prize pool.Simply:◻️ Take the #SUI quiz on #OKXEarn◻️ Stake at least 10 $SUI for 7 daysDetails: https://t.co/vZdiXPeyuU pic.twitter.com/r5EokjuqYa — OKX (@okx) July 19, 2024 The one-month campaign will educate individuals about Web3 and the Sui blockchain while rewarding eligible participants. According to the press release, the unveiled Sui Learn & Earn and Airdrop campaigns allow users to claim a share in a 162,000 SUI…
Yesterday, a partnership was announced through which it will be possible to purchase gift cards directly on the Polkadot app. These are gift cards in fiat currency, spendable in over a million stores, chains, or e-commerce sites. The partnership to bring gift cards to the Polkadot app The role of Raise Parity Technologies The Polkadot ecosystem DOT to pay for Gift Cards on the Polkadot app The comments on the initiative The partnership to bring gift cards to the Polkadot app The partnership that made this possible is the one between Raise and Parity Technologies. The objective of this initiative…
Bitcoin Primed To Rally Nearly 80% After Ongoing Correction Ends, Says Analyst – But There’s a Catch
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin even after BTC broke the $60,000 psychological level. The analyst pseudonymously known as Credible Crypto tells his 402,400 followers on the social media platform X that he believes the Bitcoin bull market structure remains intact. According to the analyst, Bitcoin is still long-term bullish despite the retracement and BTC may see big rallies after the ongoing correction. But Credible notes that it will take Bitcoin a bit of time before BTC witnesses the beginning of a new uptrend. “Spot buyers don’t have to be too worried here…
Polkadot developers have announced the launch of Multisig which will empower enterprise users in financial workflow management. Powered by Signet, the new technology will help users with treasury management, payments, staking, governance, and much more. Polkadot has announced the launch of Polkadot Multisig, powered by Signet integration. The new technology is designed to offer financial workflow management for enterprise users. The team explains that Signet is designed to make blockchain operations and risk management best practices seamless for enterprises. Facilitated by the Decentralized Futures Program (DF Grant) that was launched in collaboration with Polkadot and Web3 Foundation, the Polkadot Multisig…
Anatoly Aksakov, the leader of Russia’s State Duma Banking Committee, has urged banning Telegram’s tap-to-earn game Hamster Kombat, saying it “manipulates” people’s minds. Russian lawmakers appear to be set to address concerns about Telegram‘s Hamster Kombat, as Anatoly Aksakov, head of the State Duma Banking Committee, has criticized the game for showing “obvious scam” traits and potentially harming users. In an interview with the local media, Aksakov noted that the State Duma hasn’t yet thoroughly examined the issue, though he reassured that a discussion will certainly take place, suggesting that Hamster Kombat could be another trap set by fraudsters, targeting…
Cryptocurrency exchange Bybit has released the twelfth proof of reserve, featuring a 17.8% increase in USDT holdings. Crypto investors are showing an increased appetite for stablecoins as the Bybit crypto exchange revealed in its latest proof of reserve nearly an 18% increase of customers’ holdings in Tether (USDT). According to the exchange’s report, users’ USDT balances grew by 433 million USDT as of Jul. 10, marking a 17.8% rise from Jun. 6. The report also noted a dramatic increase in Circle’s USD Coin (USDC), with deposits surging by over 150 million USDC, a nearly 400% jump from June. In contrast,…