Author: NBTC

The Shiba Inu ecosystem team has unveiled multiple avenues through which the SHIB Army can earn the upcoming TREAT token as efforts intensify around the ecosystem’s imminent layer-3 blockchain. Amid the recent discussions surrounding the forthcoming Shiba Inu L3 blockchain that would leverage the TREAT token, the Shiba Inu ecosystem team has provided additional details for the SHIB Army. How Shiba Inu Army Can Earn TREAT In a recent post on X, Shiba Inu’s content specialist Lucie reminded the SHIB Army that the idea of the TREAT token draws from the original vision of Shiba Inu’s pseudonymous founder, Ryoshi. Accordingly,…

The US Congress is preparing for two important hearings tomorrow that the crypto industry wouldn’t want to miss. First, the House Appropriations Subcommittee will mark up the Fiscal Year 2025 Financial Services and General Government Bill. One of the key points of discussion will be Staff Accounting Bulletin No. 121 (SAB 121), with the Securities and Exchange Commission (SEC) budget. This hearing will affect how the SEC can proceed with its regulatory actions regarding the crypto industry. Following shortly, the House Committee on Financial Services will hold a Republican-led Subcommittee on Digital Assets hearing. This session will discuss the Tokenization…

After an eight-year wait, NxWorries, the dynamic duo composed of Anderson .Paak and acclaimed producer Knxwledge, is back with a bang.—Their long-anticipated album “Why Lawd?” is set for release, hitting the shelves globally in vinyl, CD, and cassette formats on June 7, with a digital release to follow on June 14. But this album launch is more than just about music; it’s a revolution in artist-fan engagement, thanks to an innovative partnership with Gala Music.To celebrate the release of “Why Lawd?”, fans will get an exclusive first listen to Knxwledge’s remix of “Daydreaming” on Gala Music’s platform for eight weeks.…

The per-block rewards paid to bitcoin miners are set to be cut in half, from 6.25 to 3.125 BTC, later this month. The network’s fourth halving event presents a headache for even the best-resourced mining firms, but it could make thin margins even thinner for those running mining setups at home. For miners, the formula is simple: If the halving drives up bitcoin’s price, their investment pays off. Otherwise, small miners could be left with dormant ASICs, energy bills and little chance of breaking even. Read more: How the halving could impact bitcoin’s price Some at-home miners laid out the…

The online return of Keith Gill, also known as Roaring Kitty, is moving markets once again. The meme stock influencer, who rallied traders to bet big against Wall Street through GameStop in 2021, posted several positions in the video game retailer on Reddit this weekend. Pushing over $200 million in value, the purported exposure comprises shares and stock options. The news kicked retail traders into an apparent frenzy. GameStop shares rose more than 70% during pre-market trading to $39.69 on Monday—nearly doubling the stock’s $23.14 close on Friday. The break-neck increase, according to Unusual Whales, was set to cause $993…

Legal expert and pro-XRP lawyer Fred Rispoli recently attempted to explain why Ripple is planning to launch a dollar-backed stablecoin in the U.S. later this year. In an X thread today, Attorney Rispoli stated that the major reason why Ripple is planning to roll out a stablecoin is to allow United States-based customers to utilize its ODL solution (now Ripple Payments) for cross-border payments. Rispoli’s remark suggests that instead of XRP, U.S.-based customers can opt for Ripple’s upcoming stablecoin while conducting transactions via ODL. Ripple is in Best Position to Win Remedies Stage of SEC Lawsuit The expert made the…

A securities regulator for the U.S. state of Massachusetts is reportedly probing Keith Gill, the meme stock influencer better known online as Roaring Kitty or DeepFuckingValue. Synonymous with the retail-led short squeeze that sent shares of GameStop soaring in 2021, Gill’s online return has reignited interest in the video game retailer. After posting to Twitter for the first time in years, the meme stock influencer has recently shifted his activity over to Reddit. The existence of an investigation in Massachusetts was confirmed by Reuters after it was first reported by the Wall Street Journal. The latter publication on Monday also…

API3, a pioneer in blockchain oracle solutions, is setting the stage for significant advancements within the Optimism Superchain ecosystem. API3 is crucial in scaling a cryptographically secure on-chain economy that maximizes value for all participants by enhancing data integration and scalability with its innovative Oracle Stack. Optimism expanded Ethereum’s scalability in the past year by introducing the Superchain thesis. This new framework facilitates growth and adoption by enabling teams to build on the OP Stack and contribute to the OP Collective, which aims to pool revenue to fund public goods and move global adoption forward. Within the Superchain ecosystem, oracles…

Most people who understand bitcoin know that there are two kinds of bitcoin. One is bitcoin, the asset which has a fixed supply and is quite volatile, and the second kind of Bitcoin, the network and protocol that maintains an immutable ledger that has never been hacked and is bullet proof, bomb proof and tank proof. It is my opinion that too much focus is placed on the asset and not nearly enough on the network, protocol and immutable ledger. While listening to a recent podcast Peter McCormack had with Dhruv Bansal they discussed the network and protocol in a…

Howdy! It’s summertime in Brooklyn, which means stooping season is in full swing. I might go wander around Park Slope later to see if I can find one of those chairs shaped like a hand sitting out on the sidewalk. But as for today’s Solana stuff: Switchboard hauls in $7.5M despite sleepy venture week June is here, and the markets appear to be taking a summertime nap. Solana’s often-bumpy price chart has sat mostly between $160 and $170 for 10-plus days now, and the venture market has similarly zenned out. Of the venture deals announced in recent days, perhaps the…