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.

China’s Industrial Bank rewards digital yuan spending with carbon credits

Fuzhou-based commercial bank Industrial Bank (CIB), has unveiled a novel rewards system that enables users to earn carbon credit points through digital yuan (e-CNY) spending, according to a recent report from Cnfol.com, an online financial information platform. Through the bank’s mobile app, users can now accumulate carbon points for a range of transactions, from daily payments to fund investments and credit card repayments. As noted, this initiative is part of Industrial Bank’s broader strategy to foster a green consumption culture and enhance the digital yuan ecosystem. The bank, a forerunner in green finance, has successfully implemented digital yuan transactions for…

RegulationMay 31

The Legendary Whale, Who Earned 22 Million Dollars in WIF and BONK, Now Buys These Altcoins!

While interest in Solana (SOL)-based mem tokens has shifted to different areas, whales have also started to purchase different mem tokens. At this point, the legendary whale paulo.sol also turned his focus from WIF, BODEN and BONK to altcoins named PUPS and POPCAT. According to Lookonchain's post, WIF made significant profits from BONK and BODEN and has now turned to different mem tokens. Accordingly, paulo.sol made a profit of $9.51 million in WIF, $7.04 million in BODEN and $6.28 million in BONK. Its total profit was $22.83 million. “What a legend! paulo.sol made a profit of $9.51 million on WIF,…

AltcoinsMay 31

Senator Lummis says crypto will play important role in US economy post-elections

Senator Cynthia Lummis recently said the crypto market will play a significant role in the US economy unless the opportunity is squandered. Lummis, a vocal advocate for pro-crypto legislation, believes that recent victories in Congress signal a promising future for the sector. In recent years, pro-crypto lawmakers like Lummis have worked tirelessly to educate their colleagues about digital assets. She said in a social media post on May 29: “When I came to the US Senate, nobody knew anything about digital assets, no one knew the difference between Bitcoin (BTC) and alternative coins. So we’ve worked hard to educate members…

LegalMay 31

Binance Expands Offerings With NEAR, NOT Pairs

In a move that expands its trading offerings, Binance, the world's leading cryptocurrency exchange, has announced the opening of two new trading pairs: NEAR/BRL and NOT/USDC. This development marks a significant expansion of Binance's trading options, catering to a broader range of investors and traders globally. The NEAR/BRL pair combines NEAR Protocol's native token with the Brazilian Real, bridging the gap between innovative blockchain technology and one of South America's largest fiat currencies. Near, the native cryptocurrency of the NEAR Protocol, has recently gained traction, making this pairing a timely addition to Binance's offerings. On the other hand, the NOT/USDC…

ExchangesMay 31

Chainlink CEO Sergey Nazarov Discusses New Tokenization Opportunities

Sergey Nazarov, CEO of Chainlink, recently discussed the potential of new tokenization opportunities that promise to enhance transactional efficiency and asset management. In the crypto ecosystem, tokenization is heralding a transformative shift. It could redefine the management and exchange of assets globally. Adoption and Use Cases of Tokenization Tokenization involves converting the rights to an asset into a digital token on a blockchain. This technology enables atomic settlement — transactions are completed instantaneously rather than over days. Moreover, it allows for more efficient collateral management, eliminating the time assets are in limbo and improving the financial use of capital. “The…

BlockchainMay 31

Bitcoin ETF approvals in the US boost demand for Crystal Blockchain tools

The recent approval of Bitcoin ETFs in the US has brought both excitement and challenges, as bad actors seek to exploit the hype for illicit gains. Marina Khaustova, COO of Crystal, a blockchain analytics firm, shared her insights into the evolving landscape in an interview with Crypto Briefing. The approval of Bitcoin ETFs further accelerated demand for Crystal’s products, particularly from traditional companies seeking to ensure compliance as they enter the crypto space. “And there’s no way for any traditional financial company right now to explain to their board of directors that we should not take digital currencies, because probably…

BitcoinMay 31

New NFT sale by Monster World is live

The public stage of the new NFT sale by Monster World has already begun, and purchasing Nyang kits, discovery packages, and starter packages is now possible. The non-fungible token sale can be paid using RON, SLP, AXS, USDC, or WETH. 1 RON features 250,000 Nyang, the Monster World, and ZERO X AND became an inevitable part of the Ronin movement recently. They successfully collaborated with Gravity to bring the Ragnarok IP to Web3 and the crypto community can buy Nyang Kits to reveal Ragmon tickets. Ragnarok’s Discovery and Starter packages come preloaded with bonus kits, and you can use the…

NFTMay 31

Expecting 150 Thousand Dollars in Bitcoin and 8 Thousand Dollars in Ethereum, Standard Chartered Pointed to 2025 for Solana and XRP ETFs!

While the SEC's historic approval of spot Ethereum ETHs was welcomed by the market, eyes now turn to other altcoin ETFs. At this point, Standard Chartered analyst Geoffrey Kendrick claimed that other crypto ETFs could gain approval in 2025. Speaking to The Block, Standard Chartered analyst Geoffrey Kendrick argued that other ETFs other than Ethereum could receive approval in 2025. At this point, Kendrick argued that after Ethereum ETFs, other cryptocurrencies such as Solana (SOL) and XRP may also receive approval in 2025, and made the following statements. “The approval of Spot Ethereum ETFs shows that ETH is not classified…

EthereumMay 31

NodeOps Raises $5 Million in Seed Round to Transform Node Infrastructure

NodeOps has secured $5 million in seed funding to enhance and simplify blockchain node deployment and management. According to a recent post by NodeOps on social media, the funding round was led by L1D with participation from Blockchain Founders Fund, Finality Capital, Oakgrave Ventures, Douple Peak Group, Momentum6, Bitscale Capital and others. 1/ We're excited to announce that NodeOps has secured a $5M funding round led by @L1D_xyz and other co-investors! This investment fuels our mission to simplify node infrastructure for developers and operators pic.twitter.com/mzT34bspAH — NodeOps (@NodeOps_App) May 27, 2024 “NodeOps’ mission to break down barriers for developers and…

RegulationMay 31

Important X, Grok, Tesla Crypto Warning Issued to Community

X/Twitter user known as “DogeDesigner” (who goes by the alias @cb_doge), who is part of the DOGE and X teams, has issued an important reminder to the crypto community on the X/Twitter platform regarding some of Elon Musk’s largest companies and cryptocurrency. The post published today states that X, its Grok AI bot, its producer xAI and Tesla are not associated with any cryptocurrency at all. @cb_doge warned X users to stay cautious and beware of cryptocurrency scams. 𝕏, xAI, Grok, and Tesla are not associated with any cryptocurrency. Please stay cautious and safe from crypto scams. pic.twitter.com/pd3zxg3nM5 — DogeDesigner…

AltcoinsMay 31