Author: NBTC

Beijing-based Asian Infrastructure Investment Bank (AIIB) has raised $300 million in its inaugural bond issuance using blockchain-based tech from Euroclear, the same blockchain platform used by the World Bank. The AAA-rated note offers a 4% coupon and matures in January 2027. This was issued on Euroclear’s distributed ledger (DLT) platform. This marks the first time an Asia-based institution has utilized this blockchain-enabled system for bond issuance, and the first US dollar-denominated digital bond on the platform. Citigroup Inc. and BMO Capital Markets played key roles in the transaction, with Citi handling distribution and settlement processes between the issuer and investors.…

BANANA,⁠⁠⁠⁠⁠⁠⁠ a TON-based game, has officially hit five million users, thus becoming one of the fastest growing games in the TON ecosystem. Backed by CARV, a modular data layer for gaming and AI, BANANA reached its first major milestone of one million users within the first 72 hours of its launch. To date, BANANA counts more than one million daily active users, 1.4 million connected social accounts and 45 million in-game tasks completed. In BANANA, players dive into a world of collecting bananas, each with unique attributes and rarities. By clicking on these bananas, players earn points (PEELs) and have…

Binance Futures continues to expand its range of trading options with the launch of the USDⓈ-margined VIDTUSDT Perpetual Contract. Binance Futures to Launch USDⓈ Margined VIDT Perpetual Contract with Up to 75x Leverage The contract, which will go live on August 23, 2024 at 12:30, will appeal to investors looking for higher-risk opportunities with high return potential by offering leverage of up to 75x. The VIDTUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% upon launch, with funding fee payments occurring every four hours. Binance Futures emphasized that contract features, including funding fees, confirmation sizes, leverage…

The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection was carried out using SCADA systems. Paraguay Keeps Chasing Illegal Bitcoin Mining Operations: 693 Miners Seized The Paraguayan government is still chasing illegal bitcoin mining operations. On Wednesday, employees from the National Power Administration of Paraguay (ANDE) seized a shed in Hernandarias city, detecting an illicit bitcoin mining operation that hosted 693 mining machines. The detection…

Bitcoin mining has long been embroiled in controversy. From Greenpeace’s high-profile “Change the Code, Not the Climate” campaign to Alex DeVries’ exaggerated claims about Bitcoin’s growing “water footprint,” the media often portrays Bitcoin mining as an environmental disaster in the making. For the general public, who are genuinely concerned about environmental preservation but lack in-depth knowledge of Bitcoin mining, these narratives are alarming. As a relatively young and seemingly complex industry, much of this misleading negative publicity sticks, while the significant societal benefits of Bitcoin mining are often ignored. This persistent fud has fueled a political crusade against Bitcoin mining,…

Space Monkeez, the cutting-edge SocialFi platform, is set to make waves as it officially launches on the Avalanche (AVAX) network. This next-gen platform is designed to transform how users engage with blockchain technology by creating a comprehensive ecosystem that merges social interaction, gaming, NFTs, AI, and education—all within a single, intuitive interface.—Space Monkeez has quickly gained traction in the crypto world, with nearly 400 nodes already sold and $27,000 raised in Pre-Sale 1. The platform is now targeting a stellar $180,000 in Pre-Sale 2, underscoring the growing interest in this innovative SocialFi project.Explore the Space Monkeez UniverseNode Universe: Users can…

Jamaica’s National Commercial Bank (NCB), the only lender in the country currently offering a central bank digital currency (CBDC) wallet, says that its clients have been disinterested in the digital currency. Jamaica launched the JAM-DEX CBDC in late 2021 and made it fully available to the public the following year. The Bank of Jamaica (BOJ) relies on an intermediate system in which commercial lenders offer CBDC services to the public. Three years after its launch, Jamaica’s largest lender, NCB, is the only bank that offers a CBDC wallet to Jamaicans, and it’s now questioning the feasibility of one of the…

Catizen’s Mini-Game Center merges traditional gaming with blockchain, offering diverse play-to-earn opportunities. Star Wing” leads Catizen’s new game lineup, featuring dynamic aerial combat and customizable aircraft. CATI token airdrop targets 30M users, aiming to boost platform engagement and token utility. Catizen, a Telegram-based gaming platform, has launched the open beta of its Mini-Game Center, promising an engaging blend of entertainment and earning opportunities. This initiative marks a strategic enhancement of the Catizen platform, integrating play-to-earn mechanics with various games. The new center is designed to appeal to casual and dedicated gamers by offering a variety of mini-games that merge traditional…

Bitcoin miners are facing a tough reality right now. The April halving cut rewards in half, from 6.25 BTC to 3.125 BTC per block, making it harder for miners to stay profitable. On top of that, rising energy costs are eating into what little profit is left. This is the kind of squeeze that has miners scrambling to figure out how to keep the lights on and the rigs running. JPMorgan’s latest report said that the second quarter of 2023 was a historic disaster for miners. According to analysts Reginald Smith and Charles Pearce: “Margins and profitability have been crushed…

Bitcoin (BTC) has demonstrated a strong recovery, rebounding to a high of $61,300 today. This marks a significant bounce back from the cryptocurrency’s recent lows, signaling a potential shift in the broader market sentiment. Following the fear-induced crash earlier this month, Bitcoin has surged by 19%, reflecting growing confidence among investors. 📊 Crypto is showing signs of recovery, with Bitcoin rebounding to as high as $61.3K today. The crowd sentiment has been flipping more and more bullish for most top caps since the August 5th bottom, and BTC +19% since that fear-causing crash. 👍 pic.twitter.com/giuRmtgX5o — Santiment (@santimentfeed) August 20,…