Author: NBTC

Mobile game Bitcoin Miner, one of the most prominent play-to-earn games that pays out real Bitcoin while you play, has launched a new kind of limited-time event that’s available for approximately the next 24 hours as of this writing. The midweek “Diggy” event puts riffs on the other kind of mining—no, not mining cryptocurrency with a hyper-powered computer, but instead digging into the earth to uncover resources. It’s another kind of side diversion from the mostly idle main game, giving you something different to do while earning more Bitcoin and other useful in-game items. Diggy first debuted two weeks back,…

Argentine authorities scrutinize Worldcoin for potential abusive clauses and discrepancies in provided information. Despite controversies, Worldcoin continues its expansion across Latin America, facing critiques on privacy and data security. Worldcoin, a project known for its unique approach of offering tokens in exchange for scanning users’ irises, has announced plans to make Argentina the regional hub for its Latin American operations. This expansion includes the opening of 50 new facilities across over 10 Argentine cities. Expansion and Local Impact The announcement, detailed in a press release sent to CriptoNoticias, indicates that these new facilities will host Worldcoin’s “Orbs”—spherical, metallic, futuristic devices…

The US Securities and Exchange Commission (SEC) opposed Ripple’s efforts to reduce the fines, stating that the firm “admitted nothing.” The SEC rejected Ripple’s request for lower fines in its lawsuit against the regulator, saying last week that the circumstances were different when determining penalties for Terraform. Ripple, which has been in a legal battle with the SEC since 2020, compared the regulator’s proposed $2 billion penalty for selling to institutional investors to penalties imposed on Terraform Labs in a “notice of additional jurisdiction” filed in New York district court on June 13. However, the SEC argued on June 14…

Bitcoin’s price has yet to break out of the large descending channel and move toward a new record high, but a further rally is highly probable. Still, BTC failed to overcome the psychological $70,000 line earlier this week decisively. Technical Analysis By TradingRage The Daily Chart On the daily chart, the asset has been rallying recently since a rebound from the lower boundary of the descending channel and the $60K support level. Yet, the higher trendline of the channel has rejected the cryptocurrency, and the $68K support zone is currently being tested. If the level holds, it will only be…

The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated markets and margins, designed to refine risk management and collateral usage. Dydx Chain Launches Upgrade According to the announcement on Tuesday, the new isolated markets feature on the Dydx Chain allows for the segregation of collateral pools and dedicated insurance funds, a shift from the previous system where collateral requirements were interconnected across various positions. This isolation Dydx detailed means that…

Injective, a popular L1 blockchain platform powering exclusive DeFi applications, has announced the latest integration. As per the platform, it is integrating Paxos and PayPal’s joint stablecoin PYUSD, turning into the earliest L1s supporting the respective token. The platform took to the social media platform X to disclose the news of this exclusive development. Injective today is integrating PYUSD, becoming one of the first ever L1s to support the stablecoin released by PayPal & Paxos.PYUSD can be onboarded from Ethereum & Solana onto Injective. dApps on Injective can utilize $PYUSD for lightning fast payments, trading, DeFi and more. pic.twitter.com/dilhamIQhX —…

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what we unpack today: After an SEC leader focused on crypto-related enforcement actions stepped away, we look at what happened under his tenure. What to watch for on the macroeconomic front during a week in which various Federal Reserve regional presidents are set to speak publicly. The SEC has followed up with firms vying to launch spot ETH…

At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash. Bitmain Introduces S21 XP and S21 XP Hydro Bitmain’s new Antminer S21 series mining rigs outperform market rivals in joules per terahash (J/T) efficiency. The first model, the S21 XP air-cooled unit, delivers 270 terahash per second (TH/s) with an efficiency rating of 13.5 J/T. As of now, with the hashprice at $0.0524 per TH/s per day, the S21…

Bitcoin’s price outlook remains robust as long-term holders’ selling pressure eases. Institutional investors bought Bitcoin during local price bottoms at roughly $57,500. The Market Value to Realized Value indicator suggests further upside ahead. Bitcoin’s (BTC) price outlook remains positive in the short term despite its recent stabilization, on-chain data suggests, propelled by easing selling pressure by long-term holders and activity from large-wallet investors. Bitcoin whales analysis indicates bullish sentiment Bitcoin’s price reached $71,979 on May 21, nearly matching its all-time high (ATH) of $73,777, but it retreated slightly amid choppy trading. An analysis of the behavior of large-wallet investors, popularly…

Morpho is the first Layer 2 protocol to launch on Coinbase’s Base. Morpho has introduced MetaMorpho Vaults and Morpho Markets on Base, boosting yield and borrowing options. Morpho’s CEO, Paul Frambot, has shifted his stance on Base deployment seeing it as pivotal for Morpho’s growth in DeFi. Morpho, a decentralized finance (DeFi) lending and borrowing protocol initially established on Ethereum, has achieved a significant milestone by becoming the first layer-2 (L2) protocol to launch on Base, a scaling network for Ethereum introduced by Coinbase in 2023. This expansion marks a pivotal moment for Morpho as it seeks to capitalize on…