Author: NBTC

Union Labs, the sovereign interoperability layer, has announced a strategic partnership with Lava, the modular access layer for Web3, marking the inception of an Incentivized Public Remote Procedure Call (ipRPC) campaign boasting a rewards pool worth $100,000 in token rewards. The collaboration aims to foster community engagement and growth within the Union and wider interoperable ecosystems.—Scheduled to commence with Union’s mainnet launch slated for this summer, the campaign seeks to incentivize participation in the public RPC infrastructure, streamlining the process for developers and node operators. Through Lava, node operators will have the opportunity to become Union RPC providers, providing developers…

On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million being liquidated since yesterday. Bitcoin Slides More Than 7% in 24 Hours; $180 Million in Long Positions Liquidated After hitting its peak at $73,794, bitcoin (BTC) has declined by 14% to stand at $63,000 as of 7:00 a.m. Eastern Time (ET) on Tuesday. Over the…

Gabriel Attal, the Prime Minister of France, has announced that there will be a potential new tax on income, but it is not yet clear if it will also involve cryptocurrencies. Gabriel Attal and the new taxation on income by June in France: will cryptocurrencies also be involved? Gabriel Attal and taxation on income (possibly also crypto) to reduce France’s deficit The AMF survey on crypto adoption in France Gabriel Attal and the new taxation on income by June in France: will cryptocurrencies also be involved? Gabriel Attal, the Prime Minister of France, announced to the Renaissance group of the…

Škoda Auto India launches the Škoda Gearheads community, offering exclusive benefits to car enthusiasts nationwide. The program integrates Polygon PoS for seamless transactions and NFTs for dynamic memberships on the Škodaverse India platform Škoda Auto India has again showcased its commitment to innovation and customer engagement by introducing the Škoda Gearheads community. This unique membership program, unveiled alongside other digital initiatives, aims to unite automobile enthusiasts nationwide under one roof. The Škoda Gearheads community is more than just a membership program; it’s a gateway to a world of exclusive benefits and experiences for automotive enthusiasts. Members can anticipate VIP treatment…

Update: A further $90 million was liquidated since press time, bringing the total liquidations to $623 million over the past 24 hours. $67 million longs and $23 shorts were liquidated in the past hour. The market has weathered $542 million in Bitcoin and crypto liquidations over the past 24 hours as Bitcoin fell below $64,000 for the first time in roughly two weeks. On March 6, Bitcoin wicked down below the mark before continuing upward to record new all-time highs repeatedly. Most liquidations were longs at $454 million, with just $87 million in short liquidations. Bitcoin made up $156 million…

The US spot bitcoin ETFs have moved forward the broader coming-together of traditional finance and crypto, according to an executive at the world’s largest asset manager. Speaking at a panel during Blockworks’ Digital Asset Summit in London on Tuesday, BlackRock managing director Tony Ashraf noted the impact of having large financial players wrapping bitcoin into an ETF. Going the other way, crypto industry firms and innovations are starting to evolve traditional finance via asset tokenizations, a process that involves bringing physical and financial assets on-chain. Read more: TradFi, DeFi convergence continues through tokenizing real-world assets “We have a duality between…

Staking provider P2P.org said it has gone live with its Staking-as-a-Business (SaaB) model for institutions. The offering aims to help platforms like exchanges, wallet providers and custodians add staking and decentralized finance (DeFi) services to their businesses to diversify avenues of growth. The company said it currently has more than 1 million staked ether (ETH) and recently surpassed $7.4 billion in total value locked, or TVL. Staking allows cryptocurrency investors to put their holdings to work by earning passive income without needing to sell them. Institutional staking operates in the same manner but en masse. There are non-custodial and custodial…

Shiba Inu ranks first in Robinhood’s leaderboard for the top 10 cryptos with the most gains this week. Shiba Inu (SHIB) has continued to stir in the crypto market following its recent jaw-dropping performance. The canine-themed token’s price spiked to $0.00004500 on March 5 after embarking on a parabolic run. Despite losing a large percentage of its gain, Shiba Inu is sitting comfortably as the 10th biggest cryptocurrency, with a market cap of $20.91 billion. Shiba Inu Outperforms DOGE, ETH, and BTC Interestingly, Shiba Inu secured the first position among the top 10 crypto assets with the most weekly gains…

Vietnam’s Deputy Minister of Information and Communications (MIC), Nguyen Phu Tien, has said that the government is building and implementing rules and regulations covering artificial intelligence, specifically virtual assistants. According to the minister, the implementation of these regulations will be drastic. The announcement was made at a press conference on April 8 in Hanoi. Vietnam’s progress in regulating AI Back in January 2021, the Vietnamese prime minister issued a resolution on the “National Strategy for Research, Development, and Application of Artificial Intelligence until 2030.” Under this mandate, MIC is tasked to suggest and improve the laws and regulations that are…

Kabosu, the fluffy Shiba Inu behind the immortal “Doge” meme, has inspired a $28 billion meme coin, a holy pilgrimage, and a bronze statue erected in her Japanese hometown. Now, she’s being honored with perhaps the grandest gesture yet: a sizable chunk of a digital game world. Ethereum-based battle royale game OpenSeason has announced that it will soon feature a custom Doge-themed biome—a “realm where every nook and cranny barks the tale of Kabosu, the Doge, our beloved Shiba Inu,” according to a blog post. The dog-dedicated digital environment for the Fortnite-like PC shooter was crafted in collaboration with Own…