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.

The Solana-based meme coin GameStop (GME) skyrocketed 94% and is the largest gainer in the last 24 hours, according to data aggregator CoinGecko. The sharp rise was fueled by the notification of a livestream scheduled by notorious investor RoaringKitty, set to happen tomorrow at 16h (UTC). For the past seven days, GME growth has surpassed 395%, eclipsing the performances of all the Solana meme coins listed on CoinGecko. GME meme coin price in the past 24 hours. Image: CoinGecko Keith Gill, RoaringKitty’s real identity, is one of the main figures behind the GameStop stock price leap in 2020. The livestream…

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Ripple’s chief technology officer (CTO) David Schwartz has commented on a case of an attempted funds withdrawal from the badly-reputed and non-functioning FTX crypto exchange shared by a former FTX user. David Schwartz could not hold back his indignation and disappointment at this, and this is not the first time he has slammed FTX in his tweets. This, formerly one of the largest cryptocurrency exchanges, collapsed in November 2022 as its founder and CEO Sam Bankman-Fried was accused of defrauding its investors and taken into custody. He is currently doing his time in prison, while some users continue their attempts…

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In the blockchain technology space, interoperability remains a cornerstone for innovation. The recent partnership between NodeKit and Polygon marks a significant advancement in this arena. This collaboration aims to enhance the composability across different blockchain networks, ensuring a seamless and integrated Web3 environment. 🤝 @nodekitorg is bringing synchronous composability to the AggLayer and CDK chains by way of the Composable Networkthat’s right. aggregated composability. https://t.co/kEYxgXXBss — Polygon | Aggregated (@0xPolygon) June 26, 2024 Elevating Composability Across Chains NodeKit, known for its pivotal role in facilitating synchronous communication between blockchains, has embarked on a groundbreaking partnership with Polygon. This alliance focuses…

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Futureverse and Animoca Brands, known for driving digital property rights in the open metaverse, announced a landmark Memorandum of Understanding (MoU) to enhance Futureverse’s advanced metaverse technology stack. This strategic partnership leverages Animoca Brands’ extensive ecosystem of blockchain-based products, aiming to accelerate growth across both platforms.—”At the core of our partnership is the integration of Futureverse’s advanced technology stack with Animoca Brands’ robust portfolio of over 400 Web3 investments,” said Futureverse co-founder Aaron McDonald. Futureverse’s flagship technology, The Root Network, optimized for seamless interoperability, will play a pivotal role in expanding capabilities and enhancing digital asset management within virtual environments.Futureverse…

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For years—technically, forever—human beings have lacked a means to suck pimple fluid and other unwanted oils from their face while simultaneously expressing support for a prominent crypto executive. Today, that paradigm shifts. As a component of Base’s “On-Chain Summer” campaign, the rising Ethereum layer-2 network has teamed up with on-chain beauty company KIKI World to create NFT-linked pimple patches adorned with the CryptoPunk-ified face of Coinbase CEO Brian Armstrong. The NFTs, dubbed “BASE FACE,” entitle minters to redeem a physical pack of 40 pimple patches—20 Armstrong faces of varying sizes, and 20 Base network logos. Each NFT costs .0035 ETH…

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GameStop’s stock price keeps sinking as famed trader and influencer Keith Gill—better known as Roaring Kitty or DeepFuckingValue—continues his retreat from the spotlight. And now the stock is down over the past month, shedding the last of the latest batch of gains. GME is trading for $23.00 as of this writing, down nearly 3% since Monday’s closing price and 7% over the past week, per data from Google Finance. The last leg down has pushed GameStop’s stock price to a monthly loss of just over 3%, or $0.75. That’s a real shift from about three weeks back, when GameStop’s stock…

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Injective, a Layer 1 (L1) protocol, emerged as one of the standout performers in the crypto market on Thursday, with its native token INJ experiencing a substantial 7% surge within the past 24 hours. Accompanying this surge, the protocol’s market capitalization is inching closer to the significant milestone of $3 billion. The price movement coincides with notable announcements by the Injective protocol regarding its token and ecosystem. Injective Users To Burn 6 Million INJ One of the key announcements unveiled by the protocol is the release of a comprehensive paper on the Injective Token, INJ. The paper delves into the…

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ChainSwap has recently enhanced its capabilities by successfully integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This collaboration has been operational across several major blockchains, including Ethereum, Arbitrum, Polygon, Avalanche, Optimism, and Base. The integration has supported over $10 million in transaction volume in the past four months, engaging nearly 2,000 unique wallet users. .@chainswaperc has integrated #Chainlink CCIP Programmable Token Transfers to power cross-chain swaps on @arbitrum, @avax, @base, @ethereum, @optimism, and @0xPolygon.CCIP will also enable cross-chain swaps through ChainSwap’s upcoming Telegram bot. https://t.co/E5Q7FyzBVU — Chainlink (@chainlink) June 26, 2024 ChainSwap selected Chainlink CCIP because of its unmatched security features, which…

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Bitcoin is starting the week having seen monthly highs over $67,000 over the weekend and early this morning. At the time of writing, the Bitcoin price has retraced slightly to $66,868.04 after having dropped 0.4% in the past 24 hours, according to CoinGecko data. That means the world’s oldest and largest cryptocurrency now has a $1.3 trillion market capitalization and accounts for more than half the $2.5 trillion global crypto market cap. The sunny disposition of Bitcoin price charts has some analysts breathing a sigh of relief. “Bitcoin broke the local downtrend, reclaimed the previous cycle highs – and now…

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The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic Report for 2024, the BIS emphasized that the widespread adoption of AI could affect inflation trends and urged policymakers to incorporate AI into their operations to enhance financial and price stability. The BIS Innovation Hub’s head, Cecilia Skingsley, said the regulator is actively testing AI’s capabilities in various areas in collaboration with central bank partners. She added: “Central banks were early adopters of…

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