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.

Shiba Inu Bags $12 Million From Investors to Develop Shibarium Successor

AltcoinsJun 6

Shiba Inu (SHIB), the industry’s second-largest meme coin by market capitalization, has reportedly raised the sum of $12 million through sales of $TREAT. Per the report, top venture capital firms like Animoca Brands, Polygon Ventures and DWF Ventures, among others, participated in the round. The goal of this funding is to develop the protocol’s layer-3 scaling solution as a Shibarium successor. The layer-3 blockchain will be built on Shibarium and ultimately leverage the security and robust liquidity status of the underlying Ethereum protocol. Directional growth tracks The Shiba Inu project started as meme coin, one that showcased the power of…

Sky Mavis reveals early access program for blockchain gaming studios

GameFiJun 6

Sky Mavis has introduced today the Ronin Forge, an early access program designed to propel the development of Web3 games. Selected studios will receive a $50,000 grant and the opportunity to build on the Ronin blockchain, leveraging its technology infrastructure and gaming community. Ronin Forge is currently accepting applications, targeting teams with games nearing global launch. Successful participants may ascend to Studio Partner status, gaining additional support and funding up to $500,000. “Ronin Forge is the next step in further opening up Ronin for builders. By offering grants and access to the Sky Mavis ecosystem, this will serve as an…

exchanges are navigating regulation and building trust

ExchangesJun 6

The global head of banking and payments at Kraken Kaushik Sthankiya and the president of the CoinW exchange Sonia Shaw discuss the state of cryptocurrency exchanges at the Money20/20 event in Amsterdam. The FTX collapse in 2022 brought bearish sentiment to the crypto ecosystem and many traders and investors wondered if they could trust crypto exchanges. Shaw says that the industry is still recovering from the FTX collapse while trying to rebuild consumer confidence with regulatory support. “Everything is definitely coming back, but we haven’t really got back to the 2021 peak yet,” she added. “I mean we’re still at…

Robinhood’s Bitcoin holdings surpass $9.5b, third only to Bitfinex and Binance

BitcoinJun 6

Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, boasting ownership of 0.69% of the total BTC supply. Public fintech broker Robinhood turned out to be the owner of the third largest single Bitcoin wallet, holding over $9.5 billion worth of the crypto, Coinbase director Conor Grogan said in an X post, citing data from Arkham Intelligence. All are estimates pulled together with @ArkhamIntel's tags as well as a few of my own Robinhood's cold storage address is the 3rd largest single BTC wallet, owning .69% of all BTC ever made pic.twitter.com/NO5WC3z4AT — Conor (@jconorgrogan) April 7,…

F1 Team McLaren Reveals Free Ethereum NFTs With OKX

NFTJun 6

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE Cryptocurrency exchange OKX and the McLaren Formula 1 Team announced Thursday that they are launching a new "Race Rewind" digital collectible series, offering fans a unique way to commemorate each F1 grand prix this season and a chance to win exclusive McLaren prizes. Starting Friday at 10 am GMT, fans can mint the first free NFT commemorating the Canadian Grand Prix on the OKX Wallet. The NFT will be minted on OKX’s recently launched Ethereum layer-2 scaling network, X Layer. "We want to build community and bring new utility to crypto," said…

Strong Support Hints at Exciting Upside Potential

EthereumJun 6

Ethereum price extended its decline and tested the $3,700 support. ETH is now consolidating and eyeing a fresh increase above $3,840. Ethereum extended its decline and tested the $3,700 zone. The price is trading near $3,800 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $3,760 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the $3,700 support. Ethereum Price Holds Support Ethereum price struggled to start a fresh increase and declined below the $3,750 support zone, like…

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

AltcoinsJun 6

The primary developer behind the Celo blockchain has been on the hunt since last year for the technology for its planned layer-2 network atop Ethereum – and the selection process had turned into a surprisingly competitive bake-off between leading providers. On Monday, the team officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules. CLabs, Celo’s developer, has spent the past couple months evaluating technical proposals from various layer-2 teams on why…

Alchemy Pay Integrates with Scroll for Enhanced Fiat-Crypto Support

ExchangesJun 6

Alchemy Pay, which is a well-known fiat-crypto payment processing solution, expands support by integrating with Scroll, a modern Layer-2 scaling solution that improves Ethereum capabilities leveraging zero-knowledge tech and compatibility with Ethereum Virtual Machine. This integration enables users to acquire USDT and USDC on Scroll through the Alchemy Pay gateway. It allows persons to purchase these assets with more than 50 fiat currencies and several payment options in 173 countries. We are thrilled to announce that #AlchemyPay now supports the @Scroll_ZKP network, integrating Scroll-USDT/USDC on our Fiat On-Ramp! With seamless fiat-crypto onboarding, we join forces with #Scroll to enhance accessibility…

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

BitcoinJun 6

MicroStrategy price target raised to $1,875 from $990 at Benchmark. The software company is well positioned to benefit from the upcoming bitcoin halving, the report said. The broker raised its bitcoin 2025 year-end price forecast to $150,000. MicroStrategy (MSTR) is particularly well positioned to benefit from the bitcoin (BTC) halving set to occur around April 20, when new supply of the cryptocurrency will be cut by 50%, broker Benchmark said in a research report on Monday. “We note that the three previous bitcoin halvings, in 2012, 2016, and 2020, saw explosive appreciation in bitcoin’s price occur only after the halving…

Ancient Ethereum Whale Shifts $32 Million ETH to Major US Exchange: What's Happening?

EthereumJun 6

It has come to our attention that an unidentified Ethereum ICO participant has transferred 8,518 ETH, equivalent to a value of $32.51 million, to the address of a major exchange located in the U.S., Kraken. The transfer was made in two tranches. What is known about this whale? Their address, "0x771," continues to hold 14,644 ETH, which is equivalent to $55.91 million. During the ICO, this unknown large holder received 100,000 ETH when the price of the main altcoin was $0.311 - to address "0xc348." Over the course of a year after the ICO in July 2015, he sold them.…