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.

Romanian city Tuzla to become a blockchain-powered DePIN smart hub with ARAX partnership

ARAX has announced a strategic partnership with the Municipality of Tuzla, Romania, to launch a Decentralized Physical Infrastructure Network (DePIN) project aimed at transforming the city into a smart urban hub. This initiative will leverage ARAX’s advanced blockchain, IoT, and AI technologies to implement intelligent streetlights and other smart city solutions. The project will be executed in three phases, starting with planning and feasibility studies. This initial phase will involve stakeholder engagement, needs assessment, and technical and financial feasibility studies to ensure the project aligns with community needs and is viable. The second phase will see the pilot deployment of…

BlockchainJun 2

How Does a Bitcoin Loan Work?

Bitcoin has shown itself among the best-performing assets in the last decade. In 2023, it outperformed the S&P 500, high-yield corporate bonds, and gold, soaring as much as 156 percent in a year. Today, Bitcoin demand is reaching record highs as the approval of new spot Bitcoin ETFs has created a wave of institutional interest. Although dubbed a risky and volatile asset, Bitcoin remains a profitable investment, especially for its earliest investors. When it was launched in 2009, it was practically worthless. In 2010, it traded at $0.10. By 2013, it was hitting highs of $250—a 250,000 percent growth for…

BitcoinJun 2

Ethereum or Solana? We asked ChatGPT-4o which web3 crypto is a better buy for 2024

As the summer of 2024 approaches, investors are closely examining potential opportunities within the cryptocurrency market, particularly focusing on the prominent Web3 cryptocurrencies Ethereum (ETH) and Solana (SOL). Ethereum has recently gained traction with the approval of ETFs, boosting its market presence, while Solana boasts a Total Value Locked (TVL) of $4.795 billion, highlighting its growing ecosystem. These digital assets have captured substantial attention due to their robust ecosystems, impressive year-to-date performance, and ongoing development activities. However, the prevailing market conditions have left investors deliberating which of these two cryptocurrencies will yield better returns. To address this question, Finbold asked…

EthereumJun 2

VeChain’s VeBetterDAO Encourages Sustainable Behavior with Innovative Initiatives

VeChain’s VeBetterDAO promotes sustainability with diverse initiatives and rewards. Users engage in eco-friendly actions, earning rewards through VeBetterDAO initiatives. VeChain fosters sustainable habits with VeBetterDAO, driving positive global impact. VeChain, a leading blockchain platform, is revolutionizing the way sustainable behavior is rewarded through its VeBetterDAO initiative. Designed to incentivize positive daily decisions, VeBetterDAO offers a range of mini initiatives aimed at creating a big impact on individuals and the environment. We want to reward people making positive daily decisions for themselves and the world – that’s why we launched our incentive-powered platform, VeBetterDAO! With a unique dApp/DAO structure, it offers…

AltcoinsJun 2

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

The groups that lobby for big-bank interests in Washington asked the White House to step back from its stated intention to kill Congress' effort to cancel a controversial Securities and Exchange Commission crypto policy. Two of the digital assets sector's biggest allies on Capitol Hill also sent a similar request to the president. In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy. In recent bipartisan…

LegalJun 2

South Korean Bitcoin Exchange Upbit Announced That It Will List This Altcoin!

Cryptocurrency exchange Upbit announced that it will list BEAM, a new digital asset, on its trading markets. Upbit Announces BEAM Trading Support on KRW, BTC, and USDT Markets Important Information for BEAM Trading on Upbit: Ticker Confusion: Some exchanges may list this asset under the ticker BEAMX. However, on Upbit, the BEAM token has contract address 0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE. Users are advised to verify this contract address before making any deposits or withdrawals. Initial Buying Restriction: Buying orders will be restricted for approximately 5 minutes after launch. Minimum Sell Restriction: During the same first 5-minute period, sell orders priced 10% below the…

ExchangesJun 2

A Giant Leap Towards a Unified Web3?

In a significant stride towards an interconnected Web3 ecosystem, Alchemy Pay has officially partnered with Galxe to leverage Gravity Chain, Galxe’s latest Layer-1 blockchain innovation. This collaboration marks a pivotal step in fostering a seamless integration across the vast expanse of blockchain networks, heralding a new era of omnichain solutions. Spearheading Innovations in Blockchain Interoperability Alchemy Pay‘s recent announcement unveils a partnership that’s set to revolutionize how businesses and developers engage with blockchain technology. The Gravity Chain by Galxe is designed as a foundational blockchain that aims to bridge various digital assets and smart contracts across multiple platforms, thus enhancing…

BlockchainJun 2

Franklin Templeton files updated S-1 form for its Ethereum ETF, sets 0.19% management fee

Franklin Templeton has filed an updated S-1 form with the Securities and Exchange Commission (SEC) for its anticipated Ethereum exchange-traded fund (ETF), setting a competitive management fee at 0.19%. The recent filing comes as the SEC has called on ETF issuers to finalize their S-1 forms by Friday. Insiders familiar with the process indicate that the SEC’s review will be thorough, with expectations of multiple drafting rounds. As reported by Crypto Briefing, the SEC started engagement with ETF issuers regarding their S-1 registration forms over the past week. Sources familiar with the situation said there is still “work to do”…

EthereumJun 2

Hedera and EDF Partnership Drives Renewable Energy Certificates Automation

In a move toward sustainability and transparency in the energy sector, Électricité de France (EDF), has collaborated with REDEX and Rekursive Labs to automate the management of Renewable Energy Certificates (RECs). EDF is a French state owned firm and also a significant player in the global renewable energy market. This initiative, conducted on Hedera’s decentralized ledger technology (DLT) platform, aims to revolutionize and streamline the $19B renewable energy certificate market. France's state owned energy supplier and @Hedera Governing Council member, @EDFofficiel, is building multiple #RWA use cases on the #Hedera Guardian 🇫🇷 As part of #EarthWeek, we'll be highlighting these…

AltcoinsJun 2

SEC Issues Investor Alert Highlighting 5 Common Crypto Scams

The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult. For example, “Fraudsters may conduct pump-and-dump schemes with crypto assets, including so-called ‘memecoins’ that refer to popular culture or internet memes,” the regulator said. SEC’s Crypto Scam Warning The U.S. Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy issued an Investor Alert on Wednesday, cautioning investors about the increasing threat of scams involving crypto asset securities.…

LegalJun 2