Author: NBTC

Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100, where 100 signifies peak interest. CBDCs See Consistent Search Growth, Top Regions Include South Korea and Jamaica In recent years, central bank digital currencies (CBDCs) have become a significant topic in discussions about modern finance and the global economy. Essentially, a CBDC is a digital version of a country’s fiat currency, managed and issued by the central bank,…

People in the know on the issuance of social influencer Andrew Tate’s daddy (DADDY) meme tokens are apparently sitting on $45 million in unrealized value, wallet tracking service Bubblemaps alleged in an X post. While wallets directly connected to Tate have not sold any DADDY tokens since their issuance on June 9, some other wallets seemingly purchased 30% of the token’s supply before it was promoted widely on X. “On June 9th at 21:24 UTC, @DaddyTateCTO sent 40% of the $DADDY supply to @Cobratate,” BubbleMaps posted. @Cobratate is Tate’s official X account. “But here’s the catch: 11 wallets, funded through…

Ronin-based game Pixels is gearing up for its Chapter 2, which will introduce various changes to the game. According to a recent report by data aggregator DappRadar, Pixels registered 22.3 million unique active users in May, making Ronin the largest blockchain for gaming by daily active wallets in the same period. Luke Barwikowski, founder of Pixels, shared with Crypto Briefing what Chapter 2 aims to accomplish and what is next for Ronin’s main title. Crypto Briefing – What do Pixels aim to accomplish with the new mechanics that will be introduced in Chapter 2? Luke Barwikowski – I think there…

Decentralized, native multichain infrastructure startup dWallet Network said today it’s exploring the possibility of creating a new sequencing marketplace for Zero Knowledge Proof-based rollups on Espresso. The two collaborators are said to be working on ways to enable the auction of rollup sequencing time slots and even transfer control of an entire rollup to third parties, by leveraging dWallet’s Zero Trust Framework. Sequencers on Layer-2 rollup networks such as zkSync, Loopring and StarkWare play a key role in processing transactions. They perform the task of creating blocks by ordering and processing transactions, before sending them to validators. Typically, most sequencers…

2024 was projected to be one of the biggest years yet for the crypto industry. But barely a few weeks following the widely anticipated Bitcoin halving, bitcoin’s price dropped 11%. Aside from the bitcoin ETF approval, this year has actually been underwhelming for the industry, with little progress despite all of the work during the bear market. However, it’s clearly not time to call the final score on 2024 yet. We’re not even halfway through the year, and the impact of the halving has typically been seen months after past cycles. But perhaps there is a more important question to…

Paris Match, the French magazine world-renowned for its photojournalism, announced Monday that it will auction a series of archival photos as NFTs to commemorate the publication’s 75th anniversary. The auction, which begins today, will feature 75 Ethereum NFTs of iconic photos from the Paris Match archives. The digital files will also come with numbered and signed physical prints of the same images. Starting bids for each photo will begin at 0.3 ETH, a sum worth about $1,062 at writing. Paris Match photos selected for today’s sale include those featuring such cultural icons as The Rolling Stones, Jack Nicholson, Orson Welles,…

Tether CEO Paolo Ardoino recently emphasized USDT’s significant role in driving demand for the US dollar in emerging markets. Ardoino’s comments were in response to an article suggesting that dollar-backed stablecoins contribute to the demand for US public debt. Over 300 Million People Use USDT Ardoino revealed that over 300 million people globally use USDT as a digital dollar, offering essential financial services to communities in developing countries. This stablecoin enhances the efficiency of money transfers and storage, bypassing traditional financial systems that often exclude the underbanked. “USDT is being used by more than 300 million people across the world…

Blockchain-based game MetalCore introduces its guild program called Barony system, according to an announcement from Studio 369, the team behind the title. This system allows players to establish self-governed factions, known as Baronies, enhancing their gameplay experience through accelerated progression, resource sharing, and recruitment opportunities. Players within these Baronies can unite to dominate large-scale PvP faction wars. Each Barony features a full hierarchy of roles, starting from the supreme Baron leader to Ministers, Knights, Initiates, and more. Higher-tier “Premium Baronies” enjoy additional privileges like exclusive in-game events. “With Baronies, we’re enabling gamers to create their own powerful in-game nations and…

Cardano’s Hoskinson advocates for a blockchain-paper dual system to enhance election security and transparency. RFK Jr. and Hoskinson support a dual voting system to mitigate electoral irregularities in the US. Political candidates like RFK Jr. and Trump are integrating cryptocurrency issues into their campaigns. Blockchain technology is being commended as a potential solution to electoral irregularities, with notable voices like Cardano Founder Charles Hoskinson advocating for its integration. The recent debate on X has brought this to the forefront, highlighting the limitations of relying solely on digital voting systems. Blackchain with paper for a dual system where the analog and…

Chinese cryptocurrency journalist and blogger Colin Wu has tweeted that the current situation with the bankrupt Mt. Gox crypto exchange and the funds in Bitcoin and Bitcoin Cash it owes to creditors may be beneficial for spot Ethereum exchange-traded funds recently approved by the U.S. Securities and Exchange Commission (SEC). Ethereum may potentially benefit from Mt. Gox uncertainty Wu quoted a post from the QCP Capital’s Telegram channel. The message says that the uncertainty about the Bitcoin payouts, which are to be made by Mt. Gox to its creditors in October, has the potential to benefit Ethereum when spot ETH…