Making sense of crypto.
NBTCNEWS

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.

Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages

Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with ZK proofs. The Importance of Dialogue with Regulatory Bodies According to Wisher, the development of intuitive interfaces is one method being employed to ensure ZK technology is “seamlessly integrated and user-friendly.” However, he insists that efforts to simplify will not compromise enhanced privacy, scalability, and…

OG Bitcoin L2 Stacks Is Getting a Major Overhaul

Amid a rekindling of Bitcoin development fervor, layer-2 network Stacks is looking to reinvent itself. As early as April 16, the major player in the Bitcoin L2 sector will kick off the release of its so-called Nakamoto upgrade, in the works for years – designed to dramatically increase the project's speed. This article is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. It’s a defining moment for the blockchain project that has been in development for nearly half a decade, but officially launched its mainnet in 2021. In short: Stacks…

Game NFTs rise as Guild of Guardians Avatars, DMarket and Fantasy Top lead sales

DMarket, a collection of in-game items on the Mythos network, led CryptoSlam’s non-fungible token (NFT) sales chart with US$857,829 on Thursday, up from the previous day’s US$710,928. Following closely behind, Guild of Guardians Avatars surged to the second spot on the day’s NFT leader’s board with US$825,172 in sales. The collection is tied to Immutable’s online game. Fantasy Top, a Blast collection that turns Crypto Twitter into an NFT game, takes the third spot with daily sales of US$611,135. Fantasy Top stays in the top three despite falling from US$1.04 million in the previous day to lead the market. Thursday’s…

IOTA and Shimmer Power LunarStorm’s Leap into Decentralized Web3 Gaming

LunaStorm has announced the launch of LunarChain to bring decentralized gaming experiences into its ecosystem in partnership with IOTA and HAVN, an interoperability network. It will be anchored on multi-utility and cross-chain interoperability, leveraging hybrid technology and offering cutting-edge speed, liquidity and security. LunarStorm, one of the most innovative Web3 gaming platforms, has announced the launch of LunarChain, an innovative blockchain solution targeting the Web3 gaming industry. The platform partnered with the IOTA Foundation and HAVN in its initiative. 📣 LunarStorm is launching LunarChain in collaboration with @HAVN_network to innovate with @iota and @shimmernet towards revolutionizing Web3 gaming with lightning-fast…

Crypto Infrastructure Firm Ramp Network Secures Ireland Registration

The Ramp Network has secured a virtual asset services providers (VASP) registration in Ireland. It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider. The Irish subsidiary of U.K.-based crypto infrastructure firm Ramp Network has secured a virtual asset services providers (VASP) registration in Ireland, the company said in a press release on Thursday. The Ramp Network is a financial technology company building payment rails connecting crypto to the global financial system. This registration will enable its users to exchange fiat currencies for more than 100 crypto assets. The company wants to…

Alchemy Pay and Metis Forge Strategic Partnership for Enhanced Crypto Accessibility

Alchemy Pay, a pioneering payment gateway, has announced a strategic partnership with Metis, the innovative Layer 2 blockchain platform powered by Ethereum. This collaboration is set to revolutionize the decentralized application space by integrating Alchemy Pay’s seamless On & Off-Ramp solution into the Metis ecosystem. This integration provides developers and users with a direct portal for efficient fiat-to-crypto transactions, enhancing the overall user experience and accessibility. The partnership further extends the utility of Metis’s native token, METIS, by incorporating it into Alchemy Pay’s on-ramp solutions. This move enables users to purchase METIS using various fiat currencies and local payment methods,…

The evolving role of Ethereum faucets in a growing blockchain landscape

The Ethereum faucets are online platforms that provide a small portion of Ether for free. In the history of Ethereum, these faucets allowed beginners on the network to test transactions and smart contracts for free. Consequently, Ethereum faucets have evolved as the blockchain landscape changes with new protocols and creative apps. It is no longer possible to consider Ethers as one of the basic tools for beginners in this growing environment. After all, they are crucial for promoting new decentralized applications (dApps) and user engagement in broader blockchain communities. This article explores how Ethereum faucets respond and grow within the…

Despite bitcoin ETF approval, institutions are on the sidelines: BitGo CEO

The Bitcoin halving is looming, as the quadrennial event is expected to take place at the end of the week. The halving, which marks the fourth such event in bitcoin’s history, will knock rewards down to 3.125 BTC per block from 6.25. However, a lot has changed since the last time the rewards were halved in 2020 from the launch of the spot bitcoin ETFs to bitcoin notching new all-time highs just last month. BitGo CEO Mike Belshe sat down with Blockworks ahead of the halving to discuss the overall market environment, bitcoin and the launch of the ETFs. Read…

Stay Tuned for Cristiano Ronaldo's Newest NFT Journey, Coming Soon to Binance

Main Takeaways Fans will soon be able to feel the thrill of Cristiano Ronaldo's journey with his latest NFT drop. The first batch of NFTs will be released on Wednesday, May 29, at 08:00 (UTC) and will feature a whole new set of utilities that are better than ever. With fixed pricing across most of the NFT collection suitable for any collector, this worldwide journey is for you: the football fan! Cristiano Ronaldo is back soon with his latest NFT drop giving collectors the chance to experience his legacy like never before. Note: This is a general announcement. Certain products…

How Wormhole Becomes Key Infrastructure for Web3 Growth and Cross-Chain Operations

Wormhole is one of the most widely used and known cross-chain bridges. The hub has proven resilient, despite going through one of the biggest exploits, losing $321M in 2022. Since then, Wormhole has grown its connection pairs and interchain features. Wormhole Targets Developers Again Developers are a scarce resource in the blockchain space. The best may create the next wave of successful projects. Wormhole and Borderless Capital are offering grants to developers who want to create cross-chain features and products. The grant program is open for application now and will distribute a total of $50M in locked liquidity. .@borderless_cap has…