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.

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…

AltcoinsMay 24

Bitcoin Exchange Binance Introduced its 2nd Project on Megadrop Platform!

Binance introduced Lista (LISTA) as the second project on the new Binance Megadrop platform. This innovative token launch platform combines airdrops with Web3 tasks, allowing users to use BNB to subscribe to Locked Products and complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange. Lista Megadrop Details: Token Name: Lista (LISTA) Maximum Token Supply: 1,000,000,000 LISTA Megadrop Token Rewards: 100,000,000 LISTA (10% of maximum token supply) Initial Circulating Supply: 230,000,000 LISTA (23% of maximum token supply) A comprehensive research report on Lista (LISTA) will be…

ExchangesMay 24

Bridging the Gap Between Blockchain and the Real World

Blockchain technology, known for its decentralized nature, thrives on accurate and reliable data. However, to fully leverage its potential, blockchain applications require information from the real world—data typically not available on the blockchain itself. Oracle protocols provide a solution to this challenge, acting as the critical link between off-chain and on-chain data. What Are Oracle Protocols? Oracle protocols are specialized software systems that serve as intermediaries between blockchain networks and external data sources. They enable blockchain applications to utilize real-world data, which is essential for decentralized applications (dApps) to operate effectively. Without oracles, blockchains would remain isolated and unable to…

BlockchainMay 24

Only Nine Months' Supply Ahead of Halving

Cryptocurrency exchanges are left with only nine months' worth of Bitcoin supply at current prices with only three days left to Bitcoin halving. According to the latest analysis by Bybit, with just 2 million bitcoins remaining and a daily inflow of $500 million to Bitcoin Spot ETFs, approximately 7,142 bitcoins will exit exchange reserves daily. The much-anticipated halving event, which reduces the supply of Bitcoins by 50%, is expected to make Bitcoin more scarce. Bybit highlighted the rapid rapid depletion of Bitcoin reserves across centralized exchanges post-halving. This trend indicates that it will take about nine months to exhaust all…

BitcoinMay 24

Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens

The newest product from liquid restaking startup Ether.fi could finally help "paper rich" crypto degens turn their blockchain investments into spending money. Ether.fi Cash will be a mobile wallet and Visa credit card that borrows USDC, the popular USD-pegged stablecoin, against one's decentralized finance (DeFi) investments and can be paid off directly via crypto. "Our mission is to build a suite of integrated apps that make DeFi actually usable for normal people," said Ether.fi founder Mike Silagadze. "Cash is your spending account, with the dream being that you never have to off-ramp" from the blockchain. "Off-ramping" refers to the tedious…

DeFiMay 24

Legendary Trader John Bollinger Shares Take on ETH Price as ETF Decision Nears

As the cryptocurrency community anticipates the upcoming decision on Ethereum (ETH) exchange-traded funds (ETFs), legendary trader John Bollinger's latest take on the ETH market has garnered significant attention. John Bollinger, a technical analyst, is renowned for creating the Bollinger Bands — a popular technical analysis tool. In a tweet, Bollinger stated that he has made multiple inquiries concerning Grayscale Ethereum Trust (ticker ETHE). In recent days, the Grayscale Ethereum Trust has been a prominent indicator, fueling anticipation about Ethereum ETF approval. Several inquiries about $ETHE today. The news is mostly in, the discount mostly gone, and the move is over-extended,…

EthereumMay 24

Base, Solana Meme Cryptos Decimated

Shiba Inu (SHIB) and Dogecoin (DOGE) competitors on Solana (SOL) and Base (BASE) blockchains are under pressure as Bitcoin (BTC) dropped below $60,000. In the last seven days, the Base meme crypto scene lost over one-third of its value. Base meme coins segment loses 24% in 24 hours The segments of Base (BASE) and Solana (SOL) meme cryptocurrencies are yet again among the most affected categories of altcoins hit by a massive crypto price flush. In the last 24 hours, meme coins on Base (BASE) saw almost 24% of their capitalization erased. Among all Base (BASE) meme coins, the biggest…

AltcoinsMay 24

Gensler Says 'Stay Tuned' on U.S. SEC's Decision on ETH ETF

WASHINGTON, D.C. — U.S. Securities and Exchange Commission Chair Gary Gensler declined on Thursday to preview his agency's decision on ether (ETH) exchange traded funds (ETFs), though he advised observers to "stay tuned." Though he'd reiterated that the court decision on ETFs had caused his agency to "pivot" in its thinking, when asked by CoinDesk on Thursday about what the agency is preparing to do in response to the specific applications on this much-anticipated crypto decision, he largely demurred. "I don't have anything on this particular filing," Gensler said outside an Investment Company Institute event in Washington. "We do it…

LegalMay 24

Bitcoin Exchange Upbit Released a New Listing Announcement!

Upbit, South Korea's largest cryptocurrency exchange, announced the launch of OAS, a token associated with its Oasys platform, to support both USDT and BTC markets. Upbit to Launch OAS for USDT and BTC Pairs Oasys is a smart contract platform designed specifically for Web3 games. Following the announcement, the value of OAS increased by 63% within 24 hours, reflecting increased investor interest and optimism about the token's potential. Notably, OAS is one of the few tokens listed on Upbit that is not yet available on other major exchanges such as Binance and Coinbase, adding to its uniqueness and appeal. Oasys…

ExchangesMay 24

Arta TechFin And Chainlink Are Exploring Solutions To Tokenize Real Assets Such As Real Estate

Real asset tokenization is reported to be the next big frontier for the blockchain industry, and Chainlink continues to expand global partnerships with a focus on real asset tokenization and cross-chain transactions. On May 21, the world’s largest blockchain oracle network announced an expanded partnership with Arta TechFin, a Hong Kong-based asset management and financial services company, to bring real-world assets on-chain. Arta Techfin CEO Eddie LAU said the partnership aims to address a market gap for an end-to-end solution that addresses pain points from primary off-chain creation and secondary trading to enhancing product integrity. According to Chainlink, global real-world…

BlockchainMay 24