Author: NBTC

The AAA gaming space is absolutely massive (“AAA” refers to the biggest games produced by the biggest developers). To put it into context, it is bigger than the movie and music industry combined – almost 300% bigger. The stories are better and stronger, and the overall experience is more satisfying and enriching. A great example of this is the Grand Theft Auto (GTA) 6 trailer, surpassing 184 million views since December. Large-scale games like GTA have firmly established themselves as a gaming phenomenon and a cultural and economic powerhouse within the entertainment industry. This op-ed is part of CoinDesk’s GameFi…

Bitcoin whale and shark wallets increased by 261 in July, reaching the highest count since May 21, while small traders sold off their holdings. Recent data from Santiment, a market intelligence platform, reveals a significant increase in Bitcoin whale and shark wallets, despite the market dip. In July alone, there was a net increase of 261 wallets holding at least 10 BTC. This spiked the number of wallets holding at least 10 BTC to 152K, the highest since May 21. 🐳📈 Bitcoin whale and shark wallets are increasing in number while small traders sell off their bags during this dip…

South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying the controversial rate will force investors to leave the market. South Korea’s Ministry of Economy and Finance is planning to impose a 20% tax on the amount exceeding the basic deduction of 2.5 million won (around $1,800), plus an additional 2% local income tax. Initially planned for 2021, the tax’s implementation has been repeatedly delayed and is now scheduled for…

The SEC (Securities and Exchange Commission) is a regulatory agency in the United States responsible for overseeing the securities markets and enforcing securities laws. It’s critical for financial advisors whose clients intend to invest in cryptocurrencies to comprehend the rules. There are several legal edge cases in the cryptocurrency industry, and advisers have a fiduciary duty to work in their client’s best interests, which includes doing everything within their power to shield them from financial loss and legal issues. By being informed about regulatory dangers, clients can avoid cryptocurrency practices that become frauds, scams, or market manipulation. Comprehending rules can…

DappRadar has released its Blockchain Gaming Report defining Q2 2024 as the best quarter since 2022. In fact, the Web3 gaming and dapp sector has raised 1.1 billion dollars in investments. Blockchain Gaming Web3: DappRadar states that Q2 2024 is the best quarter since 2022 Blockchain Gaming Web3: the first dapp is Ronin with 1.9 million new daily wallets The 2023 report and the decline of metaverse projects Blockchain Gaming Web3: DappRadar states that Q2 2024 is the best quarter since 2022 The famous platform that analyzes and tracks data on decentralized apps, DappRadar, has released its Blockchain Gaming Report.…

Axelar Network, a multichain forum unifying Web3 to facilitate developers, has recently announced a significant development. As per the platform, it has joined forces with Ta-da (a solution enabling diversified, high-quality, and cost-effective data collection), to revolutionize the micro-tasking sector. The platform took to its official X account to disclose the respective endeavor. MOAR #InterchainTokens!@Ta_da_io is a micro-tasking platform backed by blockchain, where users can complete tasks to earn crypto, providing high-quality data for AI models.$TADA is now available on @BNBCHAIN, the 1st step in their multichain strategy 🦾 🟠 pic.twitter.com/ThlWRu40qK — Axelar Network (@axelarnetwork) July 12, 2024 Axelar Network…

Bitcoin proponent and co-founder of MicroStrategy Michael Saylor has issued a cryptic Bitcoin message to the global community. He took to his X (formerly Twitter platform) account to address Bitcoiners around the world as the leading global cryptocurrency has attempted to recover after its 3.20% decline in the past 24 hours. Saylor’s message about “Bitcoin power” The MicroStrategy co-creator, its former CEO and currently executive chairman who is focused on the company’s Bitcoin strategy published an AI-generated image which features a pair of scales with an image of a physical BTC coin in both pans of it. “Bitcoin is the…

While the possibility of a FED interest rate cut in September has increased following the positive CPI figures from the USA yesterday, the probability of a September interest rate cut is priced at 88.1%, according to CME FEDWatch. While it was expected that the FED’s first interest rate cut in September would support the rise in Bitcoin and altcoins, 10X Reserach founder Markus Thielen, who attracted attention with his forthright statements, said that the situation is not as simple and rosy as it seems. Thielen stated that the positive inflation data received yesterday probably laid the groundwork for the FED…

Zentry, a unique gaming platform that goes beyond the conventional DAO structures, has announced a development. According to it, the platform has commenced a strategic funding round that takes into account DWFLabs, Synergis, LongHash Ventures, and The Spartan Group, apart from several angel investors. The company disclosed this on its official X account. Congratulations team! Looking forward to your success in the gaming and SocialFi 🔥 https://t.co/0mehEuk8Hc — DWF Labs (@DWFLabs) May 30, 2024 Zentry Begins a Unique Strategic Funding Round In a series of posts, the company provided significant details about the new endeavor. It noted its enthusiasm regarding…

Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs of the Republic of Lithuania fined the Payeer, which is registered in Lithuania. Payeer to Pay €9.3 million ($10.1 million) in Fines Since the geopolitical war began between Russia and Ukraine, many countries in Europe and the West imposed sanctions on Russia for crimes of war. Lithuania was one of them, considering it has been a member of NATO since 2004. During…