Author: NBTC

We’re hours away from the Bitcoin halving and the associated launch of the Runes fungible token standard, and collectors on the top chain might be wondering: What does any of this have to do with the NFT-like Ordinals inscriptions on the chain? And what of BRC-20 fungible tokens built on the Ordinals protocol? Unlike Ethereum’s “merge” transition back in late 2022, there’s no reason for concern around what could happen to on-chain Bitcoin assets after the halving. The halving simply refers to the quadrennial reduction in mining rewards, which slows the supply of new BTC entering the market and tends…

Monero Faucets works on offering a little payment in return for performing easy activities or clearing captchas. These tasks are simple, like playing games. The goal of Monero faucets is to expose people to cryptocurrency by giving them a small amount for free, allowing them to experiment with it without committing any money beforehand. The amount given is typically very little, frequently only fractions of a penny in Monero. However, even modest sums might increase over time, particularly if customers use the faucets regularly. Earning Potential of Monero Faucets These benefits are designed to find a compromise between rewarding user…

Custody provider Liminal won Abu Dhabi’s approval to operate as a regulated custodian within the Middle East. The Singapore-headquartered company is now functioning with regulators’ blessings in the Middle East and India as well as its home base. Liminal, a Singapore-headquartered provider of custody services, won regulatory approval in Abu Dhabi as its expansion outside its home base takes another step forward, its representatives told CoinDesk in an interview Monday. The firm’s First Answer Middle East subsidiary received the Financial Services Permission (FSP) from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) on Thursday, allowing it to…

Cross the Ages, a competitive trading card game with NFTs on Ethereum scaling network Immutable X, launched its CTA token Wednesday alongside an announcement of a new funding round for the studio behind the game. The $3.5 million equity funding round was led by crypto investment giant Animoca Brands, with further investment by The Sandbox co-founder Sebastien Borget, as well as Nicolas Jeuffrain, co-founder of renewable energy firm Tenergie. The firm has now raised $23.5 million in total between previous investment and community fundraising. “We are thrilled to welcome Animoca Brands as the lead investor in our first equity round,”…

Binance, the leading global cryptocurrency exchange, announced the launch of new trading pairs and trading bots services on the Binance Spot platform, aiming to expand the trading options available to users and improve their overall trading experience. Binance Introduces New Trading Pairs and Trading Bots Services on Binance Spot Platform Effective May 15, 2024 at 11:00 AM, Binance will begin trading for the following new trading pairs: FRONT/USDC PEOPLE/TRY TRB/USDC These new trading pairs aim to offer users greater flexibility and opportunities to implement different trading strategies within the Binance Spot ecosystem. In addition to the new trading pairs, Binance…

Core DAO, a decentralized permissionless network, has announced the launch of a new exchange-traded product. The company disclosed that the release of the “Yield Bearing Bitcoin Exchange-Traded Product” would emerge as a game-changing move for $BTC investors. On the other hand, the users would reportedly require entrusting their private keys to 3rd parties to earn yield conventionally. Core DAO Offers Yield Bearing BTC ETP to Boost Earnings of the Bitcoin Investors The risks linked to the respective method started emerging back in the year 2022. This resulted in a hard lesson costing huge amounts to many. However, the firm confidently…

Bryan Pellegrino, CEO of LayerZero (ZRO), a leading blockchain project, expressed concern about the validity of addresses eligible for an upcoming airdrop, suggesting that a significant number of them may not meet the criteria. LayerZero CEO Questions Validity of Addresses for Airdrop Eligibility In his statement, Pellegrino emphasized that almost half of the addresses associated with the project were involved in only a single transaction. Based on this observation, he estimated that only 400,000 to 800,000 addresses out of a total of 6 million could be real. This clarification has significant implications for the airdrop, potentially limiting eligibility to a…

Cat-themed shooter Nyan Heroes has confirmed that it will launch its NYAN token on the Solana blockchain next week. The Overwatch and Titanfall inspired mech shooter has been in pre-alpha since March, reportedly breaking into the top 30 titles on the Epic Games Store with over 200,000 downloads. On Tuesday, May 21, the official Nyan Heroes token NYAN will be launched on the centralized exchange Bybit. In addition to this launch, the announcement hints that details regarding the long-awaited NYAN airdrop are coming soon. NYAN tokens will be airdropped to players who participated in the game’s play-to-airdrop campaigns. Players are…

Leading crypto exchange Binance has announced plans to cease support for Ripple’s XRP and TrueUSD (TUSD) in Multi-Asset Mode. #Binance Futures Will Discontinue Support for $XRP and $TUSD in Multi-Assets Mode at🗓️May 28, 06:00 (UTC)Read more ⬇️ https://t.co/zeg01YbWgE — Binance Futures (@BinanceFutures) May 14, 2024 The announcement confirmed that Binance Futures would discontinue trading for the assets as margin coins in Multi-Assets Mode from 28 May 2024. Moreover, the trading platform updated TUSD and XRP’s transfer-in limit to zero on Tuesday (14 May). Also, Binance will automatically convert any balances to Tether (USDT) post-May 28. Meanwhile, users should refrain from…

One month after Bitcoin’s fourth halving event, analysts are closely monitoring Bitcoin hashrate as a key indicator of miner sentiment. Recent observations suggest a noteworthy decline in hashrate. This change is prompting discussions about potential miner capitulation and its implications for the broader Bitcoin ecosystem. #Bitcoin Miners Capitulation? Hash Ribbons Says Yes“Periods of rapid declines in the hashrate are marked in green on the bitcoin price chart below, often indicating “miner capitulation.” – By @JA_Maartun Full post 👇https://t.co/DKGZvqvCSU — CryptoQuant.com (@cryptoquant_com) May 15, 2024 Halting Hashrate and Miner Capitulation Post-Bitcoin Halving According to insights shared by a CryptoQuant analyst, the…