Author: NBTC

Sci-fi arena combat game Moonray has launched its play-to-airdrop campaign, with successful participants eligible to receive the project’s native token once it launches, barring regional restrictions. This comes amid the game’s Epic Games Store debut. Every day, players are given the challenge to place in the top half of five games, and completing this will help you progress further through the airdrop campaign—in a similar style to the popular battle pass system from Fortnite and other games. On top of this, gamers will earn a “considerable bonus” based on where they place among the top 1,000 players overall. To enhance…

Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated. After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names like the State of Wisconsin Investment Board, Wells Fargo, JPMorgan and others. Now, the latest disclosure shows mammoth financial services firm Morgan Stanley has bought $269.9 million worth of Grayscale’s GBTC. This makes Morgan Stanley one of the largest institutional holders of GBTC, besides Susquehanna’s…

ONTO Wallet has partnered with Swiss fintech Fiat24 to offer NFT-powered digital banking services. Users can now open Swiss IBAN accounts within the ONTO app and manage their tokens seamlessly. This partnership integrates Web3 technology into real-world applications. It also highlights the potential of decentralized identity (DID) systems in revolutionizing digital banking. Fiat24 and ONTO Wallet Offer Swiss IBAN Accounts via NFT Integration DID systems help users directly govern their digital identities, which are more private and secure than traditional identification schemes. These systems are expected to play significant roles in the future of banking and DeFi. These systems also…

According to a recent report by Forbes, Point72 Ventures, an early-stage venture capital firm that was launched by billionaire Steven Cohen, is ditching fintech and cryptocurrencies in order to focus on artificial intelligence. Several investors from fintech and crypto teams have been fired, according to anonymous sources cited by the outlet. Apart from AI, Cohen’s VC firm has also prioritized defense industry startups. Point72 told Forbes that it keeps “optimizing” its strategy based on emerging market opportunities. As reported by U.Today, Cohen, whose net worth is estimated to be $19.8 billion, revealed that he owned “a little bit” of Bitcoin…

Cardano (ADA) founder, Charles Hoskinson, posted on X, expressing his disdain for a few in the crypto media, highlighting the “profound disconnect between reality and opinion with the cryptocurrency influencer and media perception of Cardano versus its actual fundamentals.” Never in my career have I seen such a profound disconnect between reality and opinion with the cryptocurrency influencer and media perception of Cardano versus its actual fundamentals. We are on the verge of the most significant hard fork in the history of the project, tons of… — Charles Hoskinson (@IOHK_Charles) June 6, 2024 Hoskinson pointed out that the Cardano blockchain…

A recent report highlights the impending impact of the European Union’s Markets in Crypto Assets Regulation (MiCA) on cryptocurrency trading surveillance. Commissioned by Eventus, the report, “The Impact of MiCA on Crypto Market Surveillance: Insights and Challenges,” draws from interviews with senior executives at 68 firms involved in crypto trade, conducted by Acuiti. MiCA, a pioneering regulatory framework within a major financial jurisdiction, is prompting a surge in efforts to establish comprehensive market surveillance systems across the industry. The regulation, akin to the EU’s Market Abuse Regulation (MAR), mandates stringent requirements for market participants, ushering in new operational standards. According…

Yield App has announced that it has halted all activity on its crypto investment platform with ‘immediate effect’ after admitting it had lost funds on FTX a year and a half after it collapsed. The company said its assets were held by a series of third-party hedge fund managers that were using FTX as custody. As a result, it says it’s preparing to enter liquidation and is in the process of taking legal action against the managers. In a statement, Yield said, “This decision has been made to ensure fair and equal treatment for all Yield App’s users and stakeholders.”…

Bitcoin (BTC) might benefit from China in a rare move from a market with a deep stake in real estate. While trailing behind the United States in capital for market liquidity, China is still an important region that can influence market recovery. Dan Tapiero sentiment Dan Tapiero, the founder and CEO of 10T Holdings, teased the massive Chinese accumulation that is underway. For a country whose real estate sector was in shambles as of 2020, the government is now considering implementing quantitative easing (QE), a measure that will encourage a firm’s borrowing efforts. While QE is an economic measure that…

Non-fungible tokens (NFTs), once hailed as the future of digital collectibles, experienced a sharp downturn in June. According to the crypto analytics platform Artemis, the NFT sector recorded the worst performance among 21 sectors, with a staggering 51.5% decline. This trend raises concerns about the sustainability of the NFT market. Sales Slump Across Major Blockchains: Can NFTs Bounce Back? The decline is further evidenced by data from CryptoSlam, which shows a 46.03% decrease in NFT sales volume, amounting to $480 million over the past 30 days. Major blockchains like Ethereum, Bitcoin, and Solana saw NFT sales plummet by 38% to…

Key Points: Spot Ethereum ETF approval could take place on July 4, with major firms like BlackRock and Grayscale involved. Spot Bitcoin ETFs launched successfully in January, but Ethereum ETF listings might be delayed until September 2024. Analysts doubt Ethereum ETFs will match Bitcoin ETF success due to smaller market cap and trading volumes. The U.S. Securities and Exchange Commission (SEC) is nearing the approval of exchange-traded funds (ETFs) tied to the spot price of Ethereum, with a potential green light as early as July 4, according to Reuters. Ethereum Spot ETF Approval Day Is Approaching Eight ETF issuers, including…