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.
Cyberpunk-themed crypto gaming ecosystem Pixelverse is launching a token on The Open Network (TON) as its Telegram-based game PixelTap player base grows. PixelTap is a clicker-meets-combat game that lets you earn in-game coins to upgrade your robots that you take into battle. When fighting, you’ll frantically tap parts of the screen to attack your opponent’s bot, as well as craft special attacks and try to defend yourself. But Pixelverse is more than just its Telegram game—it also offers a web browser-based quest battler in the same universe. This game, called Pixelverse, is currently in an “early preview” phase as it…
The Eurosystem announced more wholesale distributed ledger technology (DLT) settlement trials in July after the first batch began testing in May. The second group, comprised of 48 private companies and three central banks, will trial both cross-border and payment-versus-payment (PvP) transactions. 15 DLT operators are taking part, including big banks like JP Morgan (NASDAQ: JPM), Goldman Sachs (NASDAQ: GS), HSBC (NASDAQ: HSBC), Euroclear and others. All of these have their own DLT solutions. The trials will involve a mix of real payments with volume limits and simulations. Tests will involve domestic payments using tokenized deposits as well as a variety…
Billionaire investor Warren Buffett, known as the “Oracle of Omaha,” has famously expressed his dislike for Bitcoin, as he referred to it as “rat poison squared” in 2018. Buffett emphasized that Bitcoin lacks intrinsic value, likening its allure to playing the roulette wheel. Berkshire Hathaway Vice Chairman Charlie Munger recently advocated for the U.S. to follow China’s lead and ban it, characterizing Bitcoin as a gambling contract heavily skewed in favor of the house. With Berkshire Hathaway achieving its highest-ever annual profit last year, it is currently holding crypto assets. Does this signify a big change in how institutional investors…
This year, the number of transactions on the top Layer 2 networks—Arbitrum, Base, and Optimism—has increased four times, according to IntoTheBlock. IntoTheBlock is a platform that provides smart access to decentralized finance (DeFi) and market intelligence tools. The number of transactions on the leading Layer 2 networks—Arbitrum, Base, and Optimism—has quadrupled this year. This growth accelerated notably in Q2, following the integration of EIP-4844 in March, which reduced transaction fees by over 90% pic.twitter.com/FbZzduw26V — IntoTheBlock (@intotheblock) June 29, 2024 EIP-4844 Upgrade Boosts Layer 2 Network Transactions in Q2 Including Arbitrum While the rate of increase in transactional volumes was…
The leading pro-XRP American exchange, Uphold, has set the record straight regarding new claims that its CEO, Simon McLoughlin, purportedly predicted XRP would reach $10,000. This clarification came via Uphold’s official X account a few hours ago, after prominent XRP community figure Crypto Eri called attention to a report that boldly claimed McLoughlin had projected XRP to reach $10K. While seeking clarification, Eri conveyed distrust that such speculative claims could supposedly emerge from a reputable exchange like Uphold. In response, Uphold clarified that the claim of XRP to $10K attributed to its CEO “is categorically false.” Moreover, the exchange emphasized…
Avalanche, a pioneering blockchain platform, has unveiled a significant leap in its gaming ecosystem with the introduction of “ChronosWorlds.” This post-apocalyptic RPG promises an exhilarating experience, seamlessly blending elements of adventure and strategy on a grand scale. The game’s integration on Avalanche is poised to transform the narrative and mechanics of blockchain-based gaming by emphasizing player agency in a dynamic, evolving world. “ChronosWorlds” offers players a unique journey through a desolate yet vividly imagined environment where they can engage in both Player vs Environment (PvE) and Player vs Player (PvP) battles. Each mode promises to deliver intense action and strategic…
Leading crypto exchange Binance announces plans to delist a trading pair associated with dog-themed token Shiba Inu (SHIB). According to a blog post today, Binance will remove the SHIB/TUSD trading pair effective on June 28 at 03:00 AM (UTC). The decision aligns with the exchange’s periodic reviews of all listed spot trading pairs to guarantee users’ protection. Following these reviews, the exchange usually delists trading pairs with low liquidity and volume. Consequently, it has decided to delist the SHIB/TUSD pair due to its low volume or liquidity. Data from Binance shows that the SHIB/TUSD pair has a minimal 24-hour trading…
The Hashgraph Association and Qatar-regulated Blade Labs use DLT to reduce the cost of financial services in MENA
The Hashgraph Association (THA), a Swiss-based organization working for digital enablement and within the Hedera network today, has partnered with Qatar-regulated Blade Labs, a financial technology company focused on applying distributed ledger-based technology (DLT) to traditional financial products and services. Also Read: Qatar Launches Its CBDC Project Using DLT and AI Technology Blade Labs will use its DLT technology to reduce the cost of providing financial services to the masses in the MENA region. The company is currently focused on providing non-custodial fintech APIs that distribute tokenized funds across multiple jurisdictions in a compliant and user-friendly manner. Blade Labs tokenizes…
In recent developments, China has shown a significant increase in gold trading activities, sparking discussions about the potential implications for the cryptocurrency markets, particularly Bitcoin. The surge in gold purchases by China, noted by Bitcoin advocate and founder of Bitgrow Lab, Vivek, has raised questions about the country’s strategy amidst global economic uncertainties. Vivek highlighted this trend on X (formerly Twitter), where he shared a graph showing a leap in China’s gold trading from under $1 million to over $2 million. Accompanying the graph, Vivek speculated, “China is buying gold like never before. Preparing for USD collapse? #Bitcoin.” This observation…
TON Foundation just announced that they are collaborating with Tether to ensure USDt on the TON blockchain is accessible to everyone. The initiative is aimed at USDt penetrating geographical boundaries and will be facilitated by over 100 local partner integrations. Also Read: Hamster Kombat to Launch Token on TON Blockchain in July The Telegram-backed blockchain project, TON, has taken the crypto space by storm, establishing partnerships with crypto companies like Tether to ensure the growth and development of its ecosystem. In today’s announcement, TON Foundation unveiled its plans to penetrate several markets, easing global accessibility to USDt. Both crypto firms…