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.

Zeta Markets will pause the trading of RNDR on Monday, July 22 at 9 am UTC due to Render’s upcoming upgrade. On Friday, Zeta Markets notified its users via X that due Render’s (RNDR) token migration to RENDER, the platform will suspend trading of the current ERC-20 token. Render expects to transition from the current ticker symbol to RENDER on July 26. Exchanges to support RNDR to RENDER migration Zeta Markets’ announcement comes as most of the top cryptocurrency exchanges announce support for the upgrade. Binance, OKX, Crypto.com, Kraken, and KuCoin are among those to reveal plans to automatically upgrade…

Read More

Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol on the blockchain, detected unusual activity and suspended operations to investigate. Blockchain security firm Cyvers Alert reported a hack of approximately $7.6 million on Rho Markets’ USDC and USDT pools. The firm stated: “The root cause of this incident seems to be an oracle access control by a malicious actor!” According to DeBank’s dashboard, the exploiter’s wallet holds 2,203 ETH worth $7.5 million and other assets like Mantle’s MNT, Binance’s BNB, and Fantom’s FTM…

Read More

It is claimed that Dell Technologies CEO and founder Michael Dell, who was previously rumored to be able to buy Bitcoin, can buy a large amount of BTC. According to the news agency BitcoinLFG, there are rumors that Michael Dell, the billionaire founder of Dell, the world’s third largest computer manufacturer, will purchase a large amount of Bitcoin. These rumors are based on a survey conducted by the famous billionaire on his X account. Accordingly, Dell asked people what the “most important thing” was. While Bitcoin was among these options, the BTC option surpassed the other options and received 43.1%…

Read More

One trader made an amazing trade and earned $2.7 million in three days work trading a memecoin called $MAGA. This incredible altcoin profit equates to a return on investment (ROI) of 505%, according to Lookonchain data. In just 3 days, this trader made $2.7M by trading $MAGA, with an ROI of 505%!He spent $537.5K to buy 6B $MAGA on May 24 and May 25, then sold 1.5B $MAGA for 744K $USDT to take profits 10 minutes ago.He currently holds 4.5B $MAGA, worth $2.51M.https://t.co/KaRYLuELKN pic.twitter.com/Pgd5hKVpc5 — Lookonchain (@lookonchain) May 27, 2024 $MAGA Altcoin Trader Sells $744K, Retains 4.5B Tokens Worth $2.51M…

Read More

With key members of his own party reviving a push to keep President Joe Biden out of the 2024 election, attention has now shifted to the handful of prominent Democrats who might take his place atop the ticket. As the prospect of that major shift looms, many in crypto are asking: How might these replacements govern when it comes to crypto? Multiple prominent crypto policy makers recently told Decrypt that any Biden replacement would mark a welcome change, as the crypto regulatory landscape could hardly get any more hostile than it’s been under the Biden Administration. That said, there are…

Read More

According to breaking information, Binance has received court approval to invest customer fiat funds in US Treasury Bills. In a significant development, Binance, the world’s largest cryptocurrency exchange, has received court approval to invest customer funds in US Treasury Securities. SEC v. The order, approved by the Judge overseeing the Binance case, stipulates that investments can only be made in “certain” funds, specifically those currently stored on BitGo. This news comes on the heels of the Securities and Exchange Commission (SEC) ending its investigation into Paxos Trust regarding Binance USD (BUSD), a digital asset issued and listed by Paxos. The…

Read More

AltLayer, a decentralized protocol assisting blockchain developers to release and improve rollups, has announced an exclusive partnership. As per the platform, it is joining forces with LogX, a leading decentralized perpetual exchange that deploys AI-driven strategies, to offer it exclusive Rollup-as-a-Service solutions. The firm recently disclosed this collaboration on its official X account. AltLayer 🤝 @LogX_tradeAltLayer is thrilled to power the LogX Network with our RaaS solutions, making it the first Modular Derivatives Trading Layer built for Infinite Scalability ⚡️LogX is built on the @arbitrum Orbit stack, with DA support from @eigen_da 🔥 pic.twitter.com/NXhW6SFZLg — AltLayer (@alt_layer) July 19, 2024…

Read More

The leading cryptocurrency, Bitcoin, fell below $54,000 on Friday due to the selling pressure it experienced following the transfers made within the scope of the German government and Mt.Gox refunds. While BTC fell to levels last seen in February, it recovered today and rose above $57,000. Analysts say this recovery is due to investors’ Mt. Gox’s $8 billion BTC refund shows that the US and German governments are starting to overcome the pressure from BTC sales, he said. Additionally, analysts said that net inflows in spot Bitcoin ETFs also supported the recovery. Biggest Net Inflow in Spot Bitcoin ETFs in…

Read More

Chainlink, a leading decentralized oracle network, has achieved another milestone in its platform adoption. The network has recently secured 12 integrations across nine different platforms, underscoring its diverse use cases within the blockchain industry. ⬡ Chainlink Adoption Update ⬡There were 12 integrations of 6 #Chainlink services across 9 different chains: @arbitrum, @base, @ethereum, @LineaBuild, @MetisL2, @Optimism, @0xPolygon, @Scroll_ZKP, and @zksync.New integrations include @DistribGallery, @EnoToken,… pic.twitter.com/xXj0Y89txC — Chainlink (@chainlink) May 26, 2024 These integrations leverage six key Chainlink services, including Chainlink CCIP (Cross-Chain Interoperability Protocol), Mainnet Integration, and Price Feeds. Other offerings include Chainlink Low-Latency Data Streams, VRF (Verifiable Random Function),…

Read More

During a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse said that he expected his company’s legal battle with the SEC to end “very soon.” However, Garlinghouse refused to speak about Ripple’s rumored settlement talks with the agency. He also stated that he could not predict when exactly the lawsuit would be over. Earlier this week, the Ripple-affiliated XRP token experienced a substantial price rally due to settlement rumors. However, it then retraced its gains after a private meeting between Ripple and the agency allegedly got called off. A little over a year ago, Judge Analisa Torres ruled that the…

Read More