Author: NBTC

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.

Xterio Joins Optimism’s Superchain, Launches New Web3 Game

BlockchainJun 13

In a significant development for the blockchain and gaming industry, Xterio has announced the launch of its XterETH Chain on the Superchain network, powered by the Optimism Collective. This move represents a crucial milestone as Xterio builds on the OP Stack and integrates into the Superchain, a rapidly expanding network of chains utilizing Optimism’s open-source standard codebase. XterETH Chain is live on the Superchain by the @Optimism Collective! Building on the OP Stack and joining the Superchain, a growing network of chains built on Optimism's open-source standard codebase, marks a significant milestone for us at Xterio, » Scaling Web3 Gaming…

What ETF Approval Could Mean for Ethereum

EthereumJun 13

The SEC recent approval of ETH ETFs might eventually prove a more important event for Ethereum than it was for Bitcoin. Bitcoin’s dominance, niche, and value proposition as a store of value are well-established and unlikely to be challenged in the near term. Ethereum, however, faces far stiffer competition, sometimes struggling to distinguish itself among narratives of smart contract platforms — until recently.Now we know there are two major crypto assets likely not at risk of being called securities by U.S. regulators. This might not mean much for retail investors, especially outside the U.S., but clearing up the regulatory uncertainty…

Fed leaves interest rates unchanged; expects cuts by end of year

RegulationJun 13

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Stack, Casey Wagner and Felix Jauvin. Here’s what we unpack today: The Fed just shared its rate decision, and more importantly, its end-of-year projections. Let’s dive into what this means and how markets are reacting. Planned spot ETH ETFs saw some movement, but then things seemed to stall. In case you lost track, here’s where we stand. Bitcoin miner Core Scientific re-listed earlier…

Pyth Price Feeds go live on IOTA EVMPyth Price Feeds go live on IOTA EVMPyth Price Feeds go live on IOTA EVM

BlockchainJun 13

Pyth Network, a real-time market data platform, has announced the launch of Pyth Price Feeds on IOTA (MIOTA), as per the most recent updates shared with Finbold on June 12. The launch marks a significant step forward in Pyth Network’s mission to bring real-world asset (RWA) and crypto asset price data on-chain. Real-time data for developers As a fully Ethereum Virtual Machine (EVM)-compatible Layer-2 solution for the IOTA network, IOTA EVM offers a scalable, fee-less, and permissionless distributed ledger for secure financial exchanges. With the new integration, smart contract developers on IOTA can now access over 500 real-time price feeds…

Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor

BitcoinJun 13

Ark Labs has been established to respond to the need for scalable, low-cost bitcoin payments. Ark's creator Burak Keceli has moved on to other things, but the protocol and now Ark Labs is continuing to pursue the goal of building on and enhancing what Lightning has brought to Bitcoin. The team behind Bitcoin layer-2 protocol Ark has formed a new company that will build a faster, cheaper payments system on the world's largest blockchain, aiming to create a better venue than Lightning Network. The new firm, Ark Labs, was established to respond to the need for scalable, low-cost bitcoin payments,…

This Ethereum (ETH) Move Was Unexpected

EthereumJun 13

Ethereum was gaining traction on the market, but that severe and continuous consolidation that led to essentially nothing and just dragged ETH to around $3,800 was a crucial signal that was a hint at the future performance of the asset. The price action of ETH has taken many traders by surprise despite its earlier strong momentum. Ethereum went through a phase of consolidation after encountering resistance at roughly $3,800. This sideways movement, which frequently portends market indecision here, portended the most recent decline that we have seen. Ethereum experienced a significant decline in the last few days, reaching levels close…

Turkish Lira’s Crypto Volume Market Share Hits All-time High

RegulationJun 13

The crypto volume market share of the Turkish lira (TRY) has hit an all-time high amid the currency’s depreciation and foreign exchange volatility in the country. According to a report by crypto research platform Kaiko, the uptick in TRY’s crypto volume market share caused the currency to rally past the euro (EUR), becoming the third largest fiat currency by volume. TRY Becomes Third Largest Fiat by Volume Kaiko’s analysis found that TRY’s crypto volume market share hit an all-time high of 19% in early June. The surge was driven by high inflation in the country, which has surpassed 70%, making…

Irys secures $8.9m to ‘accomplish the next phase of our growth’

BlockchainJun 13

Irys has successfully concluded a strategic funding round led by Lemniscap in an effort to improve on-chain management and combat misinformation. Irys, previously known as Bundlr Network, is a storage layer innovator dedicated to scalable on-chain data solutions. It has processed over 1.9 billion transactions and has gained significant market traction. Irys’ goal is to improve the scalability and efficiency of on-chain data management in blockchain ecosystems. “We are thrilled to have secured this strategic funding round, which positions us well to accomplish the next phase of our growth,” said Josh Benaron, CEO of Irys. “This investment is a testament…

VanEck CEO’s Take on Bitcoin’s Rise

BitcoinJun 12

VanEck’s CEO, Jan Van Eck, highlighted an increasing lack of trust in major institutions across the United States. The renowned asset manager made this statement during an interaction with Scott Melker, host of The Wolf Of All Streets podcast. According to Van Eck, the growing distrust affects religious and military institutions in America, including the Congress. He said the most shocking among the distrusted institutions is the media, which is crucial to the financial markets. Responding to Melker’s questions, Van Eck noted that many members of the public want to have some of their wealth outside the banking system because…

Animoca Brands Japan launches its NFT launchpad Sorah on June 18

NFTJun 12

Animoca Brands Japan, the strategic subsidiary of Animoca Brands, announced that on June 18 there will be the launch of its NFT launchpad Sorah. The platform will serve to support projects and creators in the sale of their Non-Fungible Tokens. Animoca Brands Japan and the launch of the new Sorah NFT launchpad Animoca Brands Japan and the new NFT launchpad Sorah: the inaugural sales The 20 million dollar funding in the metaverse of The Sandbox Animoca Brands Japan and the launch of the new Sorah NFT launchpad Animoca Brands Japan, the strategic subsidiary of Animoca Brands, will launch on June…