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.

Aethir – a distributed GPU cloud computing platform – has announced teaming up with NFT giant Magic Eden to boost Web 3.0 gaming on a massive scale. The aim is to create a unified Web 3.0 gaming ecosystem by utilizing Aethir’s enterprise-grade GPU infrastructure and Magic Eden’s NFT platform. The latest initiative will also enable Magic Eden’s gaming partners to have access to Aethir’s premium GPU-as-a-service platform, while the latter will recommend Magic Eden to its gaming partners as their primary NFT platform. Aethir and Magic Eden Team Up In a press release shared with CryptoPotato, Aethir stated that Magic…

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Humanode Network, a well-known decentralized network that uses crypto biometrics, has announced its exclusive integration. As per the platform, it is integrating with SubWallet, an open-source and user-friendly wallet for Kusama and Polkadot ecosystems, to improve user experience. On its official account on X, the network disclosed the respective integration. Humanode Network integrates with @subwalletapp for enhanced user experience. 🎉SubWallet has integrated Humanode Network into its comprehensive wallet solution for the Polkadot, Substrate, and Ethereum ecosystems.This integration offers a seamless connection to the Humanode… pic.twitter.com/Na38dAZ7fm — HUMANODE (@humanode_io) April 29, 2024 Humanode Network and SubWallet Integrate to Offer Improved User…

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For Bitcoin, the primary obstacle is clear: it is the tight price range that it has been navigating in for some time now. On the daily chart, BTC has been oscillating between the $60,000 and $70,000 marks, struggling to find a definitive direction. The Relative Strength Index (RSI), situated around the 50% level, implies equilibrium in market momentum. The pressing question on everyone’s mind is whether Bitcoin can maintain its support above $60,000 or if it will drop due to bearish pressure, potentially leading to a fall toward $52,000. While such a drop is within the realm of possibility, analysts…

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Rick McCracken, significant voice within the Cardano (ADA) community, recently shed light on a concerning issue plaguing the cryptocurrency: its lackluster popularity compared to competitors. McCracken, an avid supporter of ADA, pointed out that despite Cardano’s groundbreaking innovation in liquid staking, it continues to lag behind Ethereum in terms of adoption and recognition. The crux of the argument revolves around Cardano’s faltering marketing strategy, which the contributor believes has failed to resonate with the broader blockchain industry and media. Despite Cardano’s prowess in engineering and research, its marketing efforts have been deemed ineffective, with macro metrics indicating stagnant or declining…

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While Binance founder Changpeng “CZ” Zhao’s plea agreement said he couldn’t appeal any sentence over 18 months, there were no clauses preventing U.S. prosecutors from recommending a greater sentence. Zhao is set to be sentenced on April 30, after his November 2023 guilty plea to violating the Bank Secrecy Act. Former Binance CEO Changpeng “CZ” Zhao now faces the genuine possibility of spending three years in U.S. federal prison – well above the possible 18 months laid out in his plea agreement. Zhao’s sentencing hearing will take place on Tuesday, giving both the U.S. Department of Justice (DOJ) and his…

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Web3 games have a shaky track record. It’s easy to see the appeal: There are literally billions of people playing games, and most of them do it for free. They spend countless hours — and often their own cash — to create content that grows the ecosystem, and they get nothing while the gaming companies get everything. Web3 games, in theory, give power (and equity) to the players. Or, that was the pitch in the last bull cycle, when Web3 games like Axie Infinity seemed to create new economies and even lift players from poverty. Then prices tumbled, games crumbled.…

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Keen to occupy a leading position in emerging technologies, civil societies in Vietnam have launched the Vietnam Academy of Blockchain and AI Innovation (ABAII) to quicken the pace of digitization. According to a local news report, ABAII will contribute its quota to transform Vietnam’s digital economy amid a wave of foreign investments and government initiatives. ABAII debuted at an annual blockchain and AI forum in Hanoi, with participants tipping the project as the “big leap” for the ecosystem. Details from the launch reveal ABAII’s ambitious goal of training one million Vietnamese residents in AI and blockchain before the end of…

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Franklin Templeton’s crypto-focused research director remains optimistic about the future of the space despite recent outflows from bitcoin ETFs. In an interview with Blockworks, Christopher Jensen highlighted the emergence of new buyer types as a positive indicator for long-term growth. Jensen also said the recent Bitcoin halving exposed gaps in clients’ understanding of cryptocurrency. He emphasized Franklin Templeton’s commitment to bridging these educational shortfalls, aiming to increase client knowledge and engagement in Web3. This need for education comes at what could prove a critical time for the US bitcoin ETF market. The US boasts 11 spot bitcoin ETF funds, which…

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Letters of support for Binance co-founder CZ have poured into a Washington court requesting leniency in his sentencing tomorrow. Zhao’s lawyers have requested their client be sentenced to probation only, but prosecutors are asking the judge to send him to prison for three years. Violating the Bank Secrecy Act (BSA), which Zhao pleaded guilty to last November, is usually punished by probation-only sentences More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao…

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Russian lawmakers are poised to legalize the nation’s burgeoning industrial crypto mining sector, but could impose strict limits on home-based “private” miners. Per the media outlets Finam and RBC, Deputy Chairman of the State Duma Committee on Information Policy Anton Gorelkin confirmed that the State Duma will debate a new mining law in the current session. Russian Law to Change Nation’s Crypto Mining Sector? It appears that the mining bill will be bundled with proposed crypto regulation that would effectively ban crypto exchanges from operating in Russia. Certain exceptions will be made for companies operating in a Central Bank-supervised sandbox.…

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