Author: NBTC

The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant to boost Polkadot’s gaming sector. According to a July 3 statement, Dot Play is tasked with creating a comprehensive platform for game developers using Polkadot’s advanced technology. The project will focus on high-growth gaming genres by building essential integration tools and offering sustainable business support within the Polkadot ecosystem. Dot Play will provide a gaming portal to onboard new developers and support various initiatives, including the Indy 500 Polkadot Car sponsorship. Additionally, Dot Play will offer technical integration to guide projects by evaluating their Game Design Documents (GDD). This…

Ethereum (ETH) whales appear to be igniting a potential sell-off today, as nearly $70 million worth of the cryptocurrency was transferred to Binance, one of the world’s largest cryptocurrency exchanges. This movement has sparked concerns among ETH traders about a possible market downturn. Whale Alert, a prominent blockchain tracking service, reported two big transactions early this morning. The first tweet revealed that 9,999 ETH, worth around $34.3 million, were transferred from an unknown wallet to Binance. Shortly thereafter, Whale Alert tweeted again to disclose that another 7,413 ETH, worth around $25.4 million, were transferred from an unknown wallet to Binance.…

WoV Labs partners with SNOB Non Per Tutti to introduce tokenization in publishing. VeChain’s technology powers innovative digital experiences for magazine readers. According to Today’s Gateway to Tokenization, WoV Labs and the esteemed Italian magazine SNOB Non Per Tutti are revolutionizing the intersection of technology and publishing. Their collaboration sets a new benchmark for the integration of digital innovation within traditional media sectors. Innovative Phygital Features WoV Labs has revealed an exciting partnership with SNOB Non Per Tutti, a publication celebrated for its in-depth coverage of art, fashion, and luxury. Renowned for its cultural journalism, SNOB Non Per Tutti is…

The proposal distinguishes between decentralized crypto-assets and centrally issued ones like USD Coin, subject to specific regulations. The project establishes governance mechanisms and licenses for digital assets, reflecting international standards and FATF recommendations. The ONG Bitcoin Argentina is advocating for a legal framework that defines cryptocurrencies as digital assets, proposing regulations that facilitate operations within the industry. In response to regulatory changes this year, particularly under President Javier Milei’s administration, which introduced stricter controls, the ONG Bitcoin Argentina unveiled a draft law aimed at providing clarity and security for cryptocurrency users and businesses. The initiative comes amidst calls from industry…

Community Gaming, the leading competitive gaming platform for tournaments, announced a strategic partnership with Mantle Network, a Layer-2 blockchain solution designed to scale Ethereum. This collaboration aims to enhance the gaming experience by leveraging Mantle’s fast transaction speeds and low gas fees, making it the perfect match for scaling its competitive ecosystem. Community Gaming (CG) provides a practical use case of blockchain technology that simplifies onboarding and solves real gaming problems. CG’s automated solution uses smart contracts, allowing instant payment distribution to thousands of players in a single event. Level up! Welcome to Mantle Ecosystem, @CommunityGaming 🎮CG showcases how blockchain…

Eight fund issuers are currently waiting for the U.S. Securities and Exchange Commission (SEC) to give its final approval for them to list and launch exchange-traded funds (ETFs) that will track the spot price of Ethereum (ETH). There have been speculations on how much capital inflows the launch of these products would bring into cryptocurrency funds. Ethereum Spot ETFs Will See up to $5 Billion of Inflows In a new report, cryptocurrency exchange Gemini opined that these new funds could attract $3-5 billion in net inflows within just the first six months of trading. This positive outlook follows the successful…

Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and Gold ETF, managed by Tidal Investments and Quantify Chaos Advisors, seeks to leverage the low correlation between bitcoin (BTC) and gold to create a more stable investment outcome. For every dollar invested, the fund provides approximately one dollar of exposure to bitcoin and one dollar…

IOTA introduces EVM Mainnet, enhancing blockchain capabilities for real-world asset integration. Launch includes smart contracts, cross-chain functionality, and strong infrastructure support. According to Today’s IOTA’s EVM Mainnet Unleashed update, as of June 4, 2024, IOTA has officially launched its EVM (Ethereum Virtual Machine) Mainnet. Recent infrastructure upgrades and new tools are set to enhance the functionality and adoption of the IOTA EVM. This update follows the recent CNF post about IOTA’s EVM Leap: Next-Gen Infrastructure Upgrades Unveiled. Collin Brown, a prominent member of the crypto community and blockchain expert, highlighted the announcement of the EVM-compatible Layer 2 solution, IOTA EVM,…

Stablecoins regulations introduced across the European Union have prompted questions about the U.S. plans for fiat-pegged tokens. Shifting political conditions in the U.S. have spurred more crypto-friendly regulatory efforts. However, a bill approved by Congress and the White House remains an ongoing endeavor. “I am afraid crypto regulations will be pushed down the agenda towards 2025,” Fideum CEO and co-founder Anastasija Plotnikova told crypto.news in an interview. Plotnikova predicted the U.S. is on course for comprehensive stablecoin regulations regardless of who wins the elections unless “half-baked legislations” are rushed through in the coming weeks. Stabolut founder Eneko Knörr thinks legislation…

Bitcoin mining company Bitdeer is integrating high-performance computing and AI technologies while prioritizing transparency and vertical integration to revolutionize the mining industry. With U.S. presidential candidate Donald Trump’s ambitious plans to mine all future Bitcoin in the U.S., Bitcoin mining has become a pivotal element in his bid for the presidency. Talks of crypto and Bitcoin mining are dominating political campaigns and procedures. The marriage of Bitcoin mining with cutting-edge technologies like Artificial Intelligence (AI) and high-performance computing (HPC) is reshaping the industry. Publicly traded miners are exploring these technologies to diversify revenue streams and ensure sustainable growth. Bitdeer, a…