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.

CFTC Admits Aptos Labs CEO to Digital Assets Committee

LegalJun 5

The Commodity Futures Trading Commission (CFTC) has appointed Aptos Labs CEO Moe SHAIKH to its Digital Assets Markets Subcommittee, in what appears to be an attempt to bridge the gap between traditional financial markets and the digital asset industry. Shaikh’s appointment adds legitimacy to Aptos, a layer 1 blockchain launched in October 2022. The Digital Assets Markets Subcommittee, part of the Global Markets Advisory Committee (GMAC), plays a key role in shaping the CFTC’s rules on international trade and business. Founded in 1998, GMAC is comprised of leading financial executives from major companies such as Citadel, Goldman Sachs and HSBC.…

Ethereum Gaming Network Xai Launches Bootcamp to Bring Web2 Devs Into Crypto

GameFiJun 5

The Xai Foundation, the core contributor to the Ethereum layer-3 gaming network Xai built on Arbitrum, announced Wednesday that it has teamed up with venture capital firm Outlier Ventures to help bring more traditional or “Web2” developers into the space. The Xai Tokenomics Bootcamp is designed to streamline the development process for new blockchain games and help support the transition of existing Web2 games into models that work well with crypto infrastructure. Developers can tap Outlier Ventures' expertise in areas such as game asset ownership, token utilization, player rewards, and enhanced security. According to the companies, two games have already…

What is a Bitcoin ATM? A beginner’s guide to buying and selling cryptocurrency

BitcoinJun 5

Curious about what is a Bitcoin ATM? Learn about these electronic kiosks that let you buy or sell Bitcoin and other cryptocurrencies. Recently, the popularity and mainstream acceptability of Bitcoin (BTC) have been growing, especially given the Jan. 10 approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The move meant that more people could now take advantage of Bitcoin’s price movements without actually having to own the cryptocurrency itself. This helped boost Bitcoin’s price to its highest ever and, more importantly, made it more legitimate as something you can invest in and use…

A New Era of DeFi Analytics Begins

DeFiJun 5

In a strategic move to enhance the data accessibility and analytics within the decentralized finance (DeFi) ecosystem, Mantle Network has officially integrated with Dune Analytics. This collaboration aims to furnish the burgeoning community of developers, investors, and analysts with sophisticated tools to navigate the complexities of blockchain data. Enhanced Data Accessibility and User Empowerment Mantle, known for its scalable blockchain infrastructure, has now opened a new gateway for data exploration through Dune’s robust analytical platform. The integration comes at a time when the demand for transparent and actionable blockchain data is at an all-time high. Mark, the head of Business…

Ethereum (ETH) Price Struggles Below $4,000 on Sell-Off Concerns

EthereumJun 5

Ethereum’s (ETH) price has had a disappointing trajectory. Despite major bullish events in the last month, the altcoin has barely moved. ETH is now facing a critical resistance level, but flipping it would mean excessive profits, which is also bad for the price. Ethereum in a Rut Ethereum’s price could rally and chart a new all-time high above $4,800, but it would warrant considerable conviction from investors. The possibility of this happening is slightly weak at the moment. This is because any rally would push the total supply of profit upwards, which is a cause for concern. Once this metric…

New Whale Gulps 237,868,630,126 Shiba Inu as SHIB Breaks Symmetrical Triangle

AltcoinsJun 5

A new whale address has accumulated over 237 billion Shiba Inu tokens amid a recovery push that has seen SHIB break above a multi-week symmetrical triangle. Shiba Inu is witnessing a resurgence of interest, as deep-pocketed investors amass more tokens in anticipation of a massive price upsurge. This confidence in SHIB’s potential has been reignited by recent price movements, which point to growing strength. Whale Amasses 237B SHIB In a notable development, a recently activated whale address just accumulated over 237 billion Shiba Inu tokens. Data from Ethereum blockchain explorer Etherscan confirms that the procurement, which involved exactly 237,868,630,126 SHIB,…

How often does the SEC lose crypto lawsuits?

LegalJun 5

Whether the US Securities Exchange Commission (SEC) is doing a good or bad job enforcing the law over the crypto industry is a matter of perspective. On the one hand, crypto fans will point to the industry’s victories against the regulator as proof that it’s negligent, vague, and ineffectual. On the other, the space’s critics rejoice every time the SEC comes out on top, using such cases as proof that coin promoters are being held accountable for their failures. But when it comes to such legal battles, cases that have gone to court, and punishments handed out to unscrupulous or…

Ethereum Wallet MetaMask Now Lets You Launch Crypto Games—Here’s How

GameFiJun 5

Leading Ethereum wallet MetaMask now offers the ability to launch games directly from its MetaMask Portfolio interface via a new integration with crypto gaming store HyperPlay. The team-up puts a dedicated games directory within MetaMask Portfolio, a decentralized app (dapp) that lets you manage the assets in your wallet and interact with other apps. That makes it easy for users to access and play MetaMask-compatible blockchain games that are available via HyperPlay. This latest development builds on HyperPlay's previous integrations with MetaMask, including a wallet overlay and support for non-Ethereum blockchains like Solana and Sui through MetaMask Snaps—a feature that…

Peter Schiff Sends Warning to Bitcoin Investors: Details

BitcoinJun 5

Gold bug and economist Peter Schiff has poured cold water on Bitcoin's price jump, issuing a comment on X in this vein. Bitcoin (BTC), the largest cryptocurrency by market cap, surpassed $72,000 for the first time since mid-March as its halving event approached. The halving event, which reduces BTC mining rewards from 6.25 BTC to 3.125 BTC, is slated for April 20. It looks like #Bitcoin got pump up overnight following the #gold rally to new record highs, to sucker ETF investors into buying the gap up. Get ready for the dump. — Peter Schiff (@PeterSchiff) April 8, 2024 As…

7,000 ETH Mysteriously Lands on Robinhood, Here's What Happened

EthereumJun 5

In an unexpected move, 7,000 Ethereum (ETH) was recently transferred to popular trading platform Robinhood. This large transaction has caught the attention of the cryptocurrency community. The transfer, reported by the crypto data tracker Whale Alert, involved the amount of 7,000 ETH valued at approximately $26.6 million. Whale Alert reported, "7,000 ETH worth $26,665,571 was transferred from unknown wallet to Robinhood." 🚨 🚨 7,000 #ETH (26,665,571 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/qMu28UDDBJ — Whale Alert (@whale_alert) June 5, 2024 The identity of the wallet holder and the motive behind this large transfer remain unknown, triggering curiosity. The timing of…