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Author: 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.

Casper Smart Contract Development Enhanced with Odra 1.0 Launch by OdraDev

OdraDev has introduced Odra 1.0, a groundbreaking new standard for smart contract development on the Casper blockchain. Developers get everything they need in this one-stop-shop platform for creating, testing, building, deploying, and interacting with smart contracts. It takes out the clutter of development to make focus-driven developments. We're excited to announce #Odra 1.0, a new smart contract standard for #Casper. @odradev presents a complete solution to develop, test, build, deploy, and, interact with smart contracts on Casper. Odra is designed with a focus on optimizing development time for developers and… pic.twitter.com/4d7WRWhFN8 — Casper (@Casper_Network) May 27, 2024 Odra Empowers Developers…

Blockchain

Bitcoin Miners to Face $10 Billion Blow from Halving

According to a recent report by Bloomberg, Bitcoin miners are set to face more than $10 billion worth of losses due to the upcoming halving event, which is going to take place in less than five days from now. The immediate reward for mining new blocks will be slashed from 6.25 BTC to just 3.125 BTC per block. The halving is expected to deliver a particularly strong blow to those mining companies that have higher-than-average operation costs. Historically, miners were able to recover from the impact of block reward reduction due to bull runs that followed each halving. As noted…

Bitcoin

Venom Facilitates Massive Adoption; 20+ Projects on the Horizon

Venom Foundation, based in the Cayman Islands, operating as a Layer-0 and 1 blockchain using proof of stake (PoS) consensus, is widely growing and expanding to more exchanges and integrating more platforms. As a result of recent efforts, the network’s VENOM token was listed on OKX on March 22 for spot trading. Designed for the development of a wide array of products, bridging the gap between governmental applications and traditional Web3 projects with its sophisticated Mesh network architecture, Venom has prepared the floor for over 20 projects to debut on the platform, demonstrating developers’ trust in its robust infrastructure. Additionally,…

Altcoins

Will China Reaffirm Its Opposition to Crypto?

China has made it clear that it is against the emergence of cryptocurrencies. It stated its intention to take a more robust stance on the issue and reiterated this position in a recent comprehensive economic statement. Pan Gongsheng, the governor of the People’s Bank of China, made remarks regarding cryptocurrency activities on October 21, 2023. The nation does not support these activities, and this stance will not be altered anytime soon. The People’s Bank of China Governor’s remarks come at a time when oppressive actions against cryptocurrency companies have become more intense and proceed to continue in 2024. The primary…

Legal

3Cross.ai secures $115k Google Grant and kicks off presale on ZkSync

3Cross.ai has announced the launch of its presale on the ZkSync platform and the receipt of a $115,000 Google Grant, marking a significant milestone for the artificial intelligence and Blockchain sectors. This dual development underscores the company’s innovative approach and its commitment to leveraging cutting-edge technologies to revolutionize the AI landscape. The $115,000 Google Grant is a testament to the confidence that a tech behemoth like Google has in 3Cross.ai’s capabilities and the potential of the company. These funds will be instrumental in advancing the company’s research and development efforts, enabling it to refine its AI algorithms and expand its…

Blockchain

Bitcoin Back in Green as Crypto Market Awaits Hong Kong Spot ETF Decision

BTC is back above $65,000 as geopolitical volatility subsides. Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week. Bitcoin (BTC) is trading above $65,000, while ether (ETH) is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems. Bitcoin dropped below $62,000 over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an…

Bitcoin

Silk Road Founder Ross Ulbricht Thanks Trump for Pardon Promise

Silk Road founder Ross Ulbricht offered up thanks to former U.S. President and 2024 hopeful Donald Trump for pledging to commute his sentence "on day one" of his term if he's reelected. He made the remark during a speech at the Libertarian National Convention on Saturday night. "Last night, Donald Trump pledged to commute my sentence on day 1, if reelected. Thank you. Thank you. Thank you," Ulbricht wrote on Twitter. "After 11 years in prison, it is hard to express how I feel at this moment. It is thanks to your undying support that I may get a second…

Legal

Renowned Economist Announces Final Target for Bitcoin (BTC) Price: Hard to Believe Figure

Famous economist Timothy Peterson, known for his work titled “Metcalfe's Law as a Model for the Value of Bitcoin”, made a bold prediction about the future of Bitcoin (BTC) in a statement he made recently. According to Peterson, Bitcoin is on track to reach a staggering value of $5,000,000. Peterson estimates that it will take about 23 years for Bitcoin to reach this value and its average annual return will be 22%. However, he notes that the average return is expected to be much higher than 22% before 2031. According to the analyst, the return will decrease significantly after 2031.…

Bitcoin

VaultCraft Integrates IQ GPT Chatbot into Its Community

VaultCraft, decentralized finance protocol featuring its unique custom perpetual options has integrated IQ GPT Chatbot into the community. BrainDAO’s own IQ GPT Chatbot, a leading crypto world AI VR assistant for cutting-edge blockchain knowledge powered by BrainDAO for the benefits of VaultCraft users. The turbocharged DeFi protocol with custom perp options, @VaultCraft_io, has integrated IQ GPT Chatbot, the leading AI assistant for Crypto, into their community! pic.twitter.com/T6uiyuzpzA — IQ.wiki (@IQWIKI) May 26, 2024 VaultCraft Empowers Users with Custom DeFi Strategies on Any EVM Chain VaultCraft is a DeFi building block that gives users the power to create their own yield…

DeFi

Justin Sun urges crypto community to back pro-crypto presidential candidate

Justin Sun, Tron’s blockchain founder, has called on the crypto community to support a pro-crypto candidate in the forthcoming US presidential elections in November. Sun made this appeal in a May 26 social media post, emphasizing the importance of aligning with a candidate who endorses cryptocurrencies to ensure the industry’s voice is heard and interests protected. He said: “We should support a presidential candidate who endorses cryptocurrencies. We need to demonstrate to the candidate that the cryptocurrency community, companies, and protocols are significant stakeholders whose voices should be heard and whose interests should be protected.” So, the upcoming election presents…

Legal