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 Identifies Key to Boosting Shibarium TVL, Trading Volume

Shiba Inu has identified the popular liquid staking derivative platform K9 Finance DAO as the key to boosting Shibarium’s economic activities. This was disclosed in an X post yesterday, emphasizing that K9 Finance’s role as Shibarium’s official liquid staking partner would increase the network’s total value locked (TVL) and trading volume. Woof! @K9finance is the official Liquid Staking Derivative (LSD) for #Shibarium & is key to boosting the network's total Value Locked $BONE & trading volume! 🔐 https://t.co/BJYuGdnW6w — Shib (@Shibtoken) April 23, 2024 Can K9 Replicate Lido Finance Feat? Notably, the Shiba Inu team believes that K9 Finance can…

AltcoinsJun 3

Chainlink could solve today's NYSE stock market glitch as Berkshire Hathaway appears down 99%

Trading on the New York Stock Exchange (NYSE) was abruptly halted today after Berkshire Hathaway’s Class A shares experienced a dramatic 99.97% drop in value. The equity last traded at $185.10, down from $627,214.90. The halt, coded as M, was triggered due to volatility, and the cause of the sudden decline remains unclear. In a related incident, a glitch at the NYSE operator caused volatility trading halts in about a dozen companies other companies, as reported by Bloomberg. This follows a recent pattern of technical issues affecting major exchanges. For instance, on March 18, the Nasdaq faced a three-hour disruption…

BlockchainJun 3

May NFT sales post worst performance since October

Global non-fungible token (NFT) sales totaled US$604 million in May, the lowest monthly performance since last October and the first month this year with sales below US$1 billion. Ethereum, the world’s leading blockchain for NFT sales with a historic sales volume of over US$43 billion, had US$164 million in sales last month, its lowest since September. The network must look even further back in time to match its latest number of unique buyers. Last month, Ethereum had 56,914 unique buyers, according to CryptoSlam data, the blockchain’s lowest NFT buyer count since June 2021. The NFT sales slump was also apparent…

NFTJun 3

$8 Billion of Ethereum (ETH) in 24 Hours: What's Happening?

With the Ethereum ETF craze covering the cryptocurrency market like a fog, the activity of large holders is through the roof. More than $8 billion worth of ETH has been transferred between whales, which creates an interesting situation: the activity is here, but the price is not moving for now, consolidating at around $3,900. This amount of large transactions is remarkable. There have been more than 6,780 large transactions in the past 24 hours and a seven day high of 9,790 transactions, But for all the activity, the price of ETH has been relatively unresponsive. The chart reveals that there…

EthereumJun 3

DOGE Army Issued Crucial Warning by Top Dogecoin Contributor

A Dogecoin contributor known on social media as @Mishaboar has published an X/Twitter post to warn those users who are trading DOGE and smaller-market-cap meme coins. In particular, this warning is about trading meme cryptocurrencies that get suspiciously quick listings on crypto exchanges. Warning about meme coins surging in market caps quickly In particular, Mishaboar warned his followers about “tokens that go up to crazy market caps.” He elaborated that now there is “an explosion” in them as they are instantly getting listed on large exchanges (literally within days). He stressed that sometimes these exchanges list them despite obvious red…

AltcoinsJun 3

Ripple v. SEC case update as of May 30, 2024

As the cryptocurrency community continues to wait for the final outcome of the prolonged and widely publicized court battle between the United States Securities and Exchange Commission (SEC) and blockchain company Ripple, the two opposing sides continue to throw motions at each other. In the most recent update, Ripple has filed a reply letter in further support of its motion to seal documents in connection with the regulator’s motion for judgment and remedies, according to the document shared by a defense attorney and former federal prosecutor, James K. Filan, in an X post on May 29. #XRPCommunity #SECGov v. #Ripple…

LegalJun 3

Ronin Blockchain Comes Ahead Among Gaming Chain Leaders

The Ronin network brought in more than 3M monthly users in May, signaling a recovery of the gaming sector. Ronin remains one of the most successful gaming networks, and the sector has improved its activity in the past month. The Ronin blockchain is the principal support for the Axie Infinity game, additional mini-games of the same franchise, and the Mavis NFT marketplace. The activity on around 15 leading Ronin apps leads to 1.3M daily active wallets. Other statistics for Ronin count active users, which surpassed 3M in May and reflect a similar growth trend. The people have spoken And they…

GameFiJun 3

FTX Shares In Anthropic Now Completely Sold Out As Final $450 Million Sale Completed

Key Points: The remaining 15 million FTX shares in Anthropic have been sold for $450 million, with the aim of optimizing creditor repayment. FTX’s bankruptcy has incurred over $700 million in fees, with concerns over potential conflicts of interest involving the law firm Sullivan and Cromwell. Finally, FTX is no longer a shareholder in the artificial intelligence company Anthropic after selling all its shares in the AI company. FTX Shares In Anthropic Was Completed $450 Million Sale The FTX Estate, headed by CEO John Ray III, sold the remaining 15 million FTX shares in Anthropic for $30 each, raking in…

ExchangesJun 3

Top 10 Cheap NFTs for June 2024

The cryptocurrency world offers us truly intriguing projects that aim to revolutionize how we perceive and use the internet, assets, and everything happening online. Among many projects being developed and launched, NFTs (Non-Fungible Tokens) may be among the most popular concepts we work with daily. Suppose you are passionate about NFTs and plan to diversify your digital collectibles portfolio with little investment. In that case, we’ve prepared a list with some of the top cheap NFTs you should look into this month. Before we dive into our selection of top cheap NFTs for sale, we must understand the criteria guiding…

NFTJun 3

60,000 ETH Suddenly Bought on Binance Before ETH Suspension, Community Stunned

According to a recent tweet published by prominent blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers, a staggering amount of Ethereum was purchased on Binance by an anonymous crypto wallet owner. Unknown whale grabs $240 million in ETH The crypto community is abuzz, discussing this transaction and the size of the transfer, which comes really close to $200 million in fiat equivalent. The mysterious whale has withdrawn a whopping 50,000 ETH from Binance to their unregistered wallet, according to the aforementioned data source. This amount of ETH is evaluated at $192,569,042. 🚨 🚨 🚨 🚨 🚨 🚨 🚨…

EthereumJun 3