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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.

Ex-Revolut VP of Growth Launches Zeal to Simplify Crypto Spending

Ex-Revolut employees have launched Zeal, a DeFi wallet and crypto debit card that allows users to spend cryptocurrencies directly on everyday purchases. The launch follows a strategic partnership and $2 million investment from Gnosis, which aims to seamlessly integrate Web3 financial rails into existing payment experiences. Zeal, now available as both a browser extension and a mobile app, allows users to make onchain payments as well as everyday transactions using a crypto Visa debit card provided by Gnosis. The information was confirmed by Hannes Graah, the Founder of Zeal and former VP of growth at Revolut, during the ongoing DappCon…

DeFi

OpenSea Reveals ‘Get Based’ Series on Ethereum L2 Base With Free NFT Drops

As Coinbase’s Ethereum layer-2 scaling network Base continues to gain steam, NFT marketplace OpenSea is gearing up to throw a spotlight on the network and its artists with the launch of “Get Based”—a series of free or low-cost digital artwork drops. Kicking off Thursday with a mint of a reimagining of the classic “Endless Summer” film artwork (seen in full below) by Carty Sewell—an artist and OpenSea employee, as well—the “Get Based” series is set to encompass works by as many as 15 artists over the summer. Weekly drops will take place via both OpenSea’s website and via frames on…

NFT

EMURGO on Revolutionizing the Precious Metals Industry through Tokenization

EMURGO is a global blockchain technology company. It acts as the official commercial and venture arm of the Cardano project, which is a decentralized blockchain platform that runs the ADA cryptocurrency. EMURGO aims to foster the development of the Cardano ecosystem by investing in startups and companies that are building on the Cardano platform. The company provides solutions and services to businesses and governments in industries ranging from finance and healthcare to education and retail, helping integrate blockchain technology into their operations. The precious metals industry involves a complex network of stakeholders, including mines, ports, refineries, and exchanges. As EMURGO…

Altcoins

SDX Breaks through 1 Billion CHF in Digital Asset Transactions

SIX Digital Exchange (SDX) has announced transactions exceeding 1 billion Swiss Francs (CHF) in digital asset issuance. This was marked by the settlement of a CHF 200 million bond by the World Bank, which was priced on May 15. The collaboration between the World Bank, Swiss National Bank, and SIX Digital Exchange highlights a collective effort to advance digitalization within capital markets. The participation of key issuers, such as The World Bank, UBS AG, various Swiss municipalities, and SIX Group AG, has played a pivotal role in propelling the Swiss Financial Centre's journey toward digital transformation. Notably, several issuances have…

Exchanges

Buy Bitcoin Miners Ahead of the Halving, Bernstein Says

Bernstein recommends buying bitcoin miners Riot Platforms and CleanSpark ahead of the halving. Bitcoin’s bullish trajectory to resume after the reward halving, Bernstein said. The broker maintained its cycle high forecast of $150,000 by 2025. The “miner fear factor” is at its peak ahead of the imminent halving, and investors should buy outperform-rated Riot Platforms (RIOT) and CleanSpark (CLSK) because the market will reward these companies for their superior execution and for being market leaders by self-mining hashrate, broker Bernstein said in a research report on Wednesday. Bernstein notes that mining stocks have continued to underperform bitcoin (BTC) year-to-date as…

Bitcoin

Solv Protocol Surpasses $1 Billion TVL, Ascends to Top 32 DeFi Player

Solv Protocol, a leading unified yield and liquidity layer for major digital assets, has achieved a significant milestone by surpassing $1 billion in Total Value Locked (TVL). This achievement solidifies Solv Protocol’s position as the 32nd largest decentralized finance (DeFi) protocol, according to rankings by DeFiLlama. Ryan, the founder of Solv Protocol, expressed his enthusiasm about this accomplishment, stating, “Reaching this significant milestone is a testament to the strong demand for Solv’s suite of products and the growing adoption of our flagship SolvBTC offering. As the largest protocol in the BTCFi space by TVL, we are excited to continue driving…

DeFi

Azuki 'Satoshi Nakamoto' Hoodie Is Tokenized on Both Bitcoin and Ethereum

Ethereum NFT project Azuki and multi-chain marketplace Magic Eden have teamed up to create what they’re calling the first dual-chain NFT product that exists on both the Bitcoin and Ethereum blockchains—a limited edition hoodie inspired by the creator of Bitcoin, represented by an NFT on both chains. The Azuki x Satoshi Nakamoto Enduro Hoodie, first revealed last fall, was created exclusively for holders of Azuki's "Spirits" NFTs—so there are just 98 pieces in total. The hoodies serve as a tribute to Bitcoin's pseudonymous creator Satoshi Nakamoto. Each hoodie contains an embedded chip that allows owners to scan it and mint…

NFT

89% of Holders of Gary Gensler’s Praised Token in Loss, Just 8% See Profits

As the crypto market experiences a downturn, crypto investors feel the heat, particularly those holding Algorand (ALGO), Gary Gensler’s praised project. Data from the analytics platform IntoTheBlock shows that 89% of ALGO holders are at a loss. These investors are “out of the money,” meaning the overwhelming majority of ALGO investors hold the asset below the price they first bought them. ALGO trades at $0.1818 at press time, with a 5% gain in the last 24 hours. At this market value, only 8% of Algorand holders are profitable. In parallel, 3% are at break even, neither bearish making profit or…

Altcoins

Bybit celebrates 30 million users milestone amid unprecedented Web3 growth

Bybit, one of the world’s top three crypto exchanges by trading volume, has reached a monumental milestone, surpassing 30 million registered users globally, as per the information shared with Finbold on May 21. This achievement comes during a period of exceptional Web3 growth, solidifying Bybit’s position as a leader in the blockchain industry. Bybit’s market share surge Bybit’s market share in spot trading has surged from 2% in 2023 to an impressive 9.3% in 2024, a nearly 400% increase according to the latest Kaiko Research quarterly report. This leap from the previous year’s 7.3% underscores Bybit’s dominance in the cryptocurrency…

Exchanges

"How Many Bitcoins Does He Have?"

Pavel Durov, founder of the popular messaging application Telegram, made statements about the cryptocurrency market. In an interview with Tucker Carlson, Pavel Durov argued that increased government surveillance will force the creation of secure communication devices inspired by cryptocurrency hardware wallets. At this point, Durov thinks governments and government agencies will push for secure communication hardware devices and innovations in the crypto space. “The world is becoming less tolerant. Governments are becoming less tolerant about privacy. At this point, I believe increased scrutiny from governments will push hardware devices and related innovations dedicated to secure communications, much like we have…

Bitcoin