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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.

One of the Most Anticipated Token Launch and Airdrop is Coming

There have been some signs that the launch of EigenLayer's EIGEN token is imminent. First, some subdomains were registered for the token launch on the websites of the Eigen Foundation. This development was interpreted as the EIGEN token will be released soon. In addition, the developers published the whitepaper of the EIGEN token on Github. EigenLayer is described by some as the most anticipated airdrop in cryptocurrency history. EigenLayer centers around “restaking,” which is a way to reuse the security of the Ethereum blockchain to encompass additional protocols, namely AVSs. Technically, this method works by taking the ETH that investors…

Altcoins

Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected

Donald J. Trump has pledged to commute Silk Road founder Ross Ulbricht’s life sentence to time served if he’s re-elected president. “If you vote for me, on Day 1, I will commute the sentence of Ross Ulbricht to a sentence of time served,” Trump said during his Saturday night remarks at the Libertarian National Convention in Washington, D.C. “He’s already served 11 years, we’re gonna get him home.” Hours before those remarks, Trump took to social media to praise the crypto industry, writing on Truth Social: “I am very positive and open minded to cryptocurrency companies, and all things related…

Legal

an in-depth analysis of the crypto exchange

One of the most well-known and trendy crypto exchanges at the moment is HTX, known for its advanced trading features and robust security. In this article, we will explore how HTX works, its advantages and disadvantages. HTX è una piattaforma di trading di criptovalute che offre una vasta gamma di servizi per i trader di criptovalute, dai principianti agli esperti. What is and how does the crypto exchange HTX work? Advantages of HTX Disadvantages of the crypto exchange HTX Conclusions What is and how does the crypto exchange HTX work? The platform is designed to facilitate the exchange of various…

Exchanges

60% of US Citizens Confess Lack of Clarity on Blockchain: Survey

A recent study has revealed that 60% of US residents lack comprehension of blockchain technology. Millennials emerged as the most confident generation regarding cryptocurrency knowledge, according to a recent study by language learning marketplace Preply. It also found a gender gap, with men generally feeling more assured about their crypto understanding than women. However, despite 46% of respondents expressing overall confidence, a significant portion of crypto investors themselves (35%) harbored doubts about their grasp of cryptocurrency. This uncertainty was particularly prevalent among Gen Z investors, with a staggering 40% unsure of their understanding. In anticipation of the future, Gen Xers…

Blockchain

Is It Over for This Bitcoin Bull Run? This Ominous Indicator Suggests So

According to prominent trader Josh Olszewicz, Bitcoin might be on the cusp of another bearish reversal. The indicator is comprised of five different lines, two of which comprise the cloud (which can be either red or green). The blue line, which can be seen in Olszewicz's chart, is called the "conversion line" or the "Tenkan" line. It represents the average for the last nine periods. It can be comparable to regular moving averages, but it has a higher level of precision. The red line is called "the base line" or the "Kijun line." It shows the midpoint price of the…

Bitcoin

Week in Review – April 22 – April 28

General Updates Neo launched the Neo X Beta TestNet, bringing with it a new set of features as progress toward the MainNet launch continues. The latest iteration features multi-node governance capabilities in addition to an enhanced, bi-directional bridge between Neo N3 and Neo X. The Neo X Beta TestNet also features governance upgrades, helping to better define the usage of the network’s only native asset, GAS. Unlike the dual NEO/GAS token model of Neo N3, Neo X will use GAS as both the governance and utility token. Neo Global Development and R3E Network researchers have released an academic paper discussing…

Altcoins

Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy

An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading platform. Sullivan & Cromwell Cleared of Negligence in FTX Collapse Following a recent investigation, former U.S. prosecutor Robert Cleary disclosed that Sullivan & Cromwell LLP was neither implicated in the fraud at FTX nor aware of any misconduct. According to a report from Reuters, Cleary found no proof that the law firm overlooked “red flags” while working with the FTX bankruptcy…

Legal

Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Altcoins!

Binance has announced support for upcoming network upgrades and Hard Forks of Sei (SEI) and Kadena (KDA) to ensure the best user experience. Binance Announces Support for Sei (SEI) and Kadena (KDA) Network Upgrades and Hard Forks Sei (SEI) Network Upgrade Details Upgrade Time: The Sei (SEI) network upgrade is scheduled to occur at approximately 27-05-2024 18:00, at block height 79,123,881. Suspension Time: Binance will suspend token deposits and withdrawals on the Sei (SEI) network starting approximately 27-05-2024 17:00. Kadena (KDA) Network Upgrade Details Kadena (KDA) network upgrade and Hard fork will occur at approximately 03:00 on 30-05-2024, at block…

Exchanges

Top 5 Cross-Chain Bridges In Crypto

The Web3 ecosystem is swiftly evolving into a cross-chain bridges landscape, characterized by a proliferation of decentralized applications spanning hundreds of distinct blockchains and layer-2 solutions. Each of these platforms operates with its unique approach to addressing matters of security and trust. This trend is expected to persist, driven by the persistent challenge of blockchain scalability, further amplified by the introduction of new blockchains, layer-2 and layer-3 solutions, and self-contained networks like application-specific blockchains. These tailored networks cater to the specific technical and economic prerequisites of individual or smaller clusters of decentralized applications. However, an inherent limitation persists: blockchains inherently…

Blockchain

Bitcoin ETFs Surge in Popularity Among Retail Investors in 2024, Yet Major Banks Remain Cautious

In 2024, Bitcoin exchange-traded funds (ETFs) have drawn considerable attention, primarily fueled by the retail sector, while major banks and traditional financial institutions remain on the sidelines. During an interview at Paris Blockchain Week, VanEck CEO Jan van Eck shared insights with Cointelegraph about the dynamics shaping the Bitcoin ETF market in the United States. Jan van Eck expressed his surprise at the rapid success and high volume of capital flowing into these ETFs, which have seen days with inflows in the billions of dollars. “I was surprised, but I don’t think it’s traditional investors yet. “I still think 90%…

Bitcoin