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.

GammaSwap Announces Partnership with Puffer Finance to Enhance User Experience

GammaSwap, the developer of the earliest perpetual options on-chain, has disclosed a new partnership. The platform has revealed that it is joining forces with Puffer Finance, an Ethereum-aligned protocol for liquid staking, to improve the experience of its users. The company took to the social media forum X to inform the community about this partnership. We are excited to announce our collaboration with @puffer_finance 🐡 1% of the total $GS supply will go to pufETH holders, 20% as part of an airdrop and 80% as part of liquidity mining post TGE 👽 + 🐡 = 🪂 1/4 pic.twitter.com/OCZQ9p1TIY — GammaSwap…

DeFiMay 31

Pudgy Penguins Mobile Game Coming to Mythos Chain on Polkadot

Ethereum NFT brand Pudgy Penguins has expanded from tokenized profile pictures (PFPs) to plush toys in major retailers and beyond—and next it’ll enter the mobile gaming world via a new collaboration with publisher Mythical Games. Billed as a “AAA” mobile game, the Pudgy Penguins title is set to debut in 2025 on the Mythos Chain, a Polkadot-based gaming network that was spearheaded by Mythical Games. The studio is the developer behind games like NFL Rivals and Blankos Block Party. John Linden, co-founder and CEO at Mythical Games, told Decrypt’s GG that the studio had been talking with Pudgy Penguins CEO…

NFTMay 31

Ethereum ETFs Could Lead to "Serious" Security Risks, Say Experts

Experts are warning of the looming threat that the newly approved U.S. spot Ethereum ETFs could pose if staking is ever introduced. In a crucial bid to push the approval process over the line, Ethereum ETF issuers dropped language regarding the staking of customer ETH. When the network transitioned to a proof of stake consensus in September 2022, it required ETH to be locked up in a process called staking. The staked ETH belongs to validators who help to secure the network. They’re rewarded for staking their ETH, but can be penalized if they don’t verify transactions on time. Centralization…

EthereumMay 31

Digital Asset Investment Products Recorded $14.9 Billion Since Early Year

Key Points: Digital asset investment products hit $1.05 billion for the third week, totaling $14.9 billion this year. The US leads with $1.03 billion in inflows, followed by Germany and Switzerland. Bitcoin ETPs attract $1.01 billion, and Ethereum sees $36 million amidst rising market optimism. For a third straight week, digital asset investment products continued to see massive inflows, according to a report by CoinShares. Record Inflows: Digital Asset Investment Products Surge to $1.05 Billion The inflows of digital asset investment products in the week were $1.05 billion, taking the cumulative flows so far in the year to an all-time…

RegulationMay 31

Ripple Not Suppressing XRP Price, Legal Analyst Claims

San Francisco-based Ripple has filed its reply letter in support of its motion to seal documents in connection with the U.S. Securities and Exchange Commission's motion for judgment and remedies. The company has stated that it is no longer selling XRP tokens through over-the-counter transactions. "Ripple's current sales of XRP to customers for use in connection with Ripple's ODL product do not have any of the relevant terms of the over-the-counter contracts, such as discounts offered to sophisticated counterparties," the letter says. Legal analyst Bill Morgan described the aforementioned statement as a "crushing blow" to those who push fear, uncertainty,…

LegalMay 31

Peter Schiff Takes Jab at Bitcoin's Lack of Utility

In a recent post on the X social media network (formerly Twitter), cryptocurrency critic Peter Schiff lashed out at Bitcoin once again, claiming that the largest cryptocurrency actually has less utility than a pet rock. "You can use one as a paper weight, a door stop, slingshot ammo, or to decorate the bottom of a fish tank. If you have three of them you can juggle," he said back in 2022. Scarcity without utility? Earlier, the controversial financial commentator argued that gold's value comes from the special properties it has as a precious metal. The yellow metal is used in…

BitcoinMay 31

How to ‘Collect to Earn’ With Cristiano Ronaldo’s Latest NFTs

Main Takeaways Relive the thrills of Cristiano Ronaldo's journey with his latest NFT drop ‘Forever Worldwide: The Road to Saudi Arabia’. Now, you can collect your favorite parts of his football legacy right in your digital collection! With the 'Collect to Earn' mechanism and ‘Fastest to Collect’ perk, you can earn yourself exciting benefits and improve your utility’s rarity by being one of the first to collect two or five distinct NFT locations. Getting your hands on the Portugal NFT gives you the opportunity to meet Cristiano Ronaldo in person. Own one by taking part in our auction or ‘Collect…

NFTMay 30

ETF Approval Dropped Bitcoin, Will Ethereum Drop Too? What are the expectations?

SEC made an important decision yesterday, in line with expectations, and approved spot Ethereum ETF applications. While expectations for an increase in the ETH price increased after this approval of the SEC, the prices of Bitcoin (BTC) and Ethereum fell in the last 24 hours despite the approval news. Evaluating this decline, FxPro senior analyst Alex Kuptsikevich stated that the decline in ETH price turned into a “news selling” event after the ETH ETF approval. Predicting that the price decline in ETH may continue at this point, Kuptsikevich argued that institutional investors could start accumulating ETH after this withdrawal. “Ethereum…

EthereumMay 30

Did George Soros Inject $135 Million into MicroStrategy?

Hungarian-American billionaire hedge fund manager George Soros recently disclosed his first quarter (Q1) 2024 holdings in a 13-F filing. According to the disclosure, Soros Fund Management LLC declared 193 holdings valued at about $6 billion. George Soros invests in MicroStrategy The most intriguing stock among the top holdings held by Soros in Q1, 2024, is MicroStrategy (MSTR) shares, worth over $135 million. Since its BTC strategy introduction by cofounder Michael Saylor, shares of MicroStrategy have been regarded as one of the best options to gain exposure to Bitcoin (BTC) without holding the cryptocurrency. However, with the recent introduction of spot…

RegulationMay 30

Regulated Crypto Trading a Boost for Local Currency

The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local currency. Nigeria’s Ambiguous Stance on Crypto The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency to protect investors who are already engaged in digital asset trading. The committee chairman, Osita Izunaso, argues that regulation is the only logical step to take since authorities have failed to stop residents from…

LegalMay 30