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.

Are all smart contracts created equal? How top Turing-complete blockchains compare

The crypto industry has several unique approaches to smart contract execution and decentralized applications (DApps). These innovations are driven by the need for scalability, security, and efficiency, allowing developers to build increasingly sophisticated applications. Yet, what is so different between the smart contracts on different blockchains? Which is the smartest smart contract platform? Turing completeness is a key aspect of smart contracts. Turing completeness is a concept from computational theory that refers to a system’s ability to perform any computation given enough time and resources. It is named after the British mathematician and logician Alan Turing, who developed the concept…

BlockchainMay 29

Why Bitcoin Halving Calculators Are Out of Sync

The Bitcoin network halving is fast approaching, likely to fall in seven days (April 19), according to the most recent estimates. But trying to pin down the exact minute or even hour for this pre-planned, programmatic update is surprisingly unpredictable. Just take a look at any of the Bitcoin halving countdowns online: they’re all out of sync! This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here.Watcher Guru, for instance, shows the halving will strike in seven days, seven hours…

BitcoinMay 29

$ETH Whale Gains Huge Unrealized Profit

The ETH ETFs have been making a great impact on the overall crypto industry before their arrival. In this respect, a whale has wisely obtained significant profit by buying the $ETH tokens with the use of $USDT before the news regarding the spot ETH ETFs. A prominent on-chain statistics provider Lookonchain disclosed this development on its account on the social media forum X. Before the $ETH ETFs news, a whale spent 26.67M $USDT to buy 8,733 $ETH at $3,054.56 and has an unrealized profit of ~$6M. After the #SEC approved form 19b-4 for $ETH ETFs, the whale bought $24.7M worth…

EthereumMay 29

Base From Coinbase About to Explode With Liquidity as Most Hyped Airdrop Is Coming

In the world of crypto, all eyes are on Base, the Layer-2 solution from Coinbase, as it braces for a substantial liquidity injection from the highly anticipated friend.tech airdrop. Speculation is rife as enthusiasts eagerly await the influx of liquidity coinciding with Coinbase's upcoming earnings report, which reveals Base's impressive $50 million revenue generation. The imminent launch of the friend.tech token airdrop, slated for April 29, has sent ripples of excitement through the community. A sneak peek provided by friend.tech offers tantalizing glimpses into what users can expect from the platform's latest developments. Among the notable features teased is the…

AltcoinsMay 29

Revolut Enhances International Transfers with African Mobile Wallets

Revolut, the global financial app serving over 40 million customers worldwide, has announced an expansion of its international transfers feature. The company is introducing 14 new payment corridors across nine African countries, supported by three digital wallets: Airtel Money, Orange Money, and MTN. The new feature enables Revolut customers in the UK and most European Economic Area (EEA) countries to send money quickly to recipients in Africa. Specifically, funds can now be transferred to Orange Money in Botswana, Guinea-Bissau, Côte D’Ivoire, Madagascar, and Sierra Leone; to Airtel Money in Congo, Gabon, Madagascar, Malawi, and Zambia; and to MTN in Guinea-Bissau,…

ExchangesMay 29

Bitfarms Says Riot Bid 'Significantly Undervalues' Crypto Miner, Is Exploring Options

Bitfarms rejected Riot Platforms' unsolicited $2.30 per share takeover bid as undervaluing the crypto miner. The company said it hired investment bank Moelis to serve as a financial adviser in dealing with additional expressions of interest it has received. Crypto miner Bitfarms' (BITF) rejected rival Riot Platforms' (RIOT) takeover bid, saying it "significantly undervalues" the Canadian company. Riot on Tuesday said it submitted an unsolicited proposal to buy Bitfarms for $2.30 per share in a deal that would create the world's largest bitcoin miner. Bitfarms said the offer was unsatisfactory and that it had received additional unsolicited expressions of interest…

MiningMay 29

RWA Inc. Announces Strategic Partnership with Collably Network to Enhance Tokenization Ecosystem

RWA Inc. has announced a strategic partnership with the organizational growth hackers, Collably Network. Collably Network, known for its expertise in partnership acquisition, onboarding, management, and integration, will join RWA Inc.’s expanding ecosystem. This partnership aims to streamline RWA’s partnership onboarding and integrations. This synergistic relationship is set to drive tokenization to new heights and enhance the overall RWA ecosystem. @RWA_inc_ is proud to add the organizational growth hackers @collablyNetwork to our growing ecosystem. Collably will streamline RWA partnership onboarding and integrations, ensuring the community gains the most from every new addition. This synergistic relationship will drive… pic.twitter.com/W5L9ZMSdol — RWA…

BlockchainMay 29

If you still think bitcoin is scarce, you’re suffering from fiat brain

Bitcoin is not scarce and it’s not going to become so after the halving next week. Don’t let anyone tell you otherwise. Yes, Satoshi Nakamoto coded Bitcoin with a supply limit of 21 million BTC. Bitcoin supply is finite. But that doesn’t make BTC, the currency, at all rare. We’re largely accustomed to this by now, but one of bitcoin’s most appealing features is that each coin is extremely divisible, up to eight decimal places, making 100 million satoshis (sats) per bitcoin. Dollars meanwhile only divide out to 100 physical cents, two decimal places, or at most, 1,000 mills to…

BitcoinMay 29

Will Ether Price Pick Up Pace?

After the SEC approved Ethereum ETFs on Thursday, March 23, Ether has yet to show signs of growth. For Bitcoin, it took almost a month after the ETF approval before the price could set on a massive bull run, reaching an all-time-high of $73,738.00 on March 14. In September 2022, Ethereum moved to proof of stake (PoS), a set of interconnected upgrades that made Ethereum more secure and sustainable. Proof of stake substitutes computational power with staking (making it less energy-intensive) and replaces miners with validators, who stake their cryptocurrency holdings to activate the ability to create new blocks. The…

EthereumMay 29

“95% of the Blockchains out There Are Just Junk, and They’re Just Selling Snake Oil”

Internet Computer ($ICP) is a blockchain network that facilitates the development of internet services via a secure, decentralized protocol. This platform operates on the Internet Computer Protocol (ICP) token, previously referred to as DFN. The ICP token is instrumental in redefining the web, facilitating app development, handling transaction fees, compensating network contributors, and participating in governance decisions concerning the network’s future. This utility token is crucial for the functionality and governance of the Internet Computer network. According to IQ.wiki, the concept of Internet Computer originated from Dominic Williams, the chief scientist and founder of DFINITY, a non-profit organization. DFINITY has…

AltcoinsMay 29