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.

Has Craig Wright Finally Given Up His Campaign to Claim Bitcoin Was His Idea?

In what may be the end of a decade-long odyssey, self-proclaimed inventor of Bitcoin, Dr. Craig Wright, has dropped his lawsuit against 12 Bitcoin developers in the Tulip Trading Limited v. Bitcoin Association for BSV & Others case, the Bitcoin Legal Defense Fund said on Wednesday. “Wright’s discontinuance of the Tulip Trading lawsuit means that Bitcoin developers are once again free to contribute to this world-changing network without the threat of litigation and harassment,” the Bitcoin Legal Defense Fund said in a post. “W” Bitcoin Legal Defense Fund backer Jack Dorsey tweeted, responding to the news. W https://t.co/ThdpTFf7sP — jack…

BitcoinMay 19

Vitalik Buterin Reveals Future of Ethereum and 'Free Internet?'

Vitalik Buterin, the cofounder of Ethereum, recently engaged in a discussion on X (formerly known as Twitter), shedding light on the future of Ethereum and the ambitious goal of building a free and open internet. This interaction, initiated by a tweet from Josh Stark, showcased a diagram illustrating different mindsets in the crypto community, ranging from definite optimism to indefinite pessimism. Josh Stark’s diagram categorizes mindsets into four quadrants: definite optimism, indefinite optimism, definite pessimism and indefinite pessimism. Stark labeled "Crypto Twitter" as oscillating between indefinite optimism and pessimism, which perfectly highlights the bouncing sentiment in the community that relies…

EthereumMay 19

Blockchain games secured nearly $990m in April alone, a new record

The blockchain gaming sector witnessed an unprecedented influx of investment capital in April, securing $988 million in funding. Although the first quarter of 2024 saw a cautious approach with a total of $288 million raised among blockchain gaming startups, the beginning of the second quarter signaled a new shift in the investors’ sentiment. According to data compiled by DappRadar, April witnessed an “unprecedented influx of capital” into the web3 gaming sector at $988 million, setting a new record since January 2021. DappRadar blockchain analyst Sara Gherghelas noted that the investment surge in April “has already exceeded the entire second quarter…

RegulationMay 19

Dogecoin (DOGE) Creator Breaks Silence on Big DOGE Announcement

Dogecoin's enigmatic creator, Billy Markus, also known as Shibetoshi Nakamoto, has once again distanced himself from the current trajectory of the popular meme cryptocurrency. Amid swirling speculation on social media about an impending "big announcement" for DOGE, Markus swiftly doused any hopes, affirming his detachment from the project for the past decade. Markus, the brain behind Dogecoin's inception, pioneered the cryptocurrency as a playful alternative to the more serious contenders in the digital currency realm, like Bitcoin. However, after laying the groundwork for the meme-inspired coin, he gradually faded into the background, leaving the reins of the project to the…

AltcoinsMay 19

The State Is The Terrorist In The Case Against Samourai Wallet

"The State is any entity that can retrospectively pardon a crime. If you forgive a murder, you get an army. If you forgive an assault, you get police. If you forgive a theft, you get taxes. And this notion that there exists the sovereign ability to change the rules for a limited number of people and grant them licenses to do things that would otherwise be criminal gives you a very clear definition of the State. The State is what washes your hands when you do something that is inherently wrong." @leashless The recent imprisonment of the developers of Samourai…

LegalMay 19

This Might Be Real Cause

Bitcoin's (BTC) price dropped unexpectedly below the $60,000 mark, leaving investors and analysts scrambling to decipher what might have triggered the move. Bitcoin, the first and largest cryptocurrency, temporarily fell below $60,000 for the first time in more than a month as volatility rose ahead of the halving event scheduled for April 20. The largest cryptocurrency plummeted to a low of $59,648 on Wednesday before paring its losses. Bitcoin is already down nearly 15% from its record high of $73,750 on March 14. Recent market data suggests that a significant factor contributing to the BTC price decline may be a…

BitcoinMay 19

Ancient Ethereum Wallets Unload a Lot of ETH Amid Major Price Breakout

In an eye-catching development, ancient wallets connected to Vitalik Buterin, the cofounder of Ethereum (ETH), have resurfaced amid the current surge in ETH prices. Reports indicate that 200 ETH, equivalent to a staggering $600,000, originating from the very wallets that once funded Buterin's ventures, have recently been traced to a transaction with the U.S.-based cryptocurrency exchange, Kraken. The saga began nine years ago when an address known as "0x5eD" initially funded Vitalik Buterin's wallets. Just two days after this historic transaction, a substantial amount of 2,000 ETH was swiftly transferred from "0x5eD" to another address labeled "0x2FE." Remarkably, these ETH…

EthereumMay 19

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The Hong Kong Monetary Authority and the Peoples Bank of China have expanded the digital yuan pilot to enable the use of e-CNY wallets in Hong Kong. China and Hong Kong have been conducting cross border digital yuan trials. The Hong Kong Monetary Authority (HKMA) and the Peoples Bank of China (PBOC) expanded the scope of their cross-border digital yuan pilot to allow the use of e-CNY wallets by Hong Kong residents. The digital yuan is China's central bank digital currency (CBDC). China has been piloting the digital yuan for several years and is among the most advanced of the…

RegulationMay 19

Expert Says He is Accumulating Shiba Inu as He Knows What’s Coming for SHIB

Industry pundit Del Crxpto has claimed to possess inside information about undisclosed Shiba Inu developments, which is influencing his SHIB accumulation spree. In a recent post on X, Del Crxpto, a well-known Shiba Inu advocate, asserts having exclusive insights into yet-to-be-revealed Shiba Inu developments. According to him, he “knows the future,” and he is fully aware of “what’s coming for SHIB.” Continued Accumulation for What’s Coming for Shiba Inu However, Del Crxpto declined to share this information. He noted he is unable to share undisclosed details to maintain his relationship with Shiba Inu officials. Meanwhile, in a bid to bolster…

AltcoinsMay 19

Oklahoma signs bill into law protecting crypto spending, mining, and self-custody

Oklahoma has signed into law a bill protecting crypto-related rights. The Oklahoma State Legislature website indicates Governor Kevin Stitt approved HB 3594 on May 13. The bill comes into effect on Nov. 1. Under the new law, the Oklahoma state government cannot prohibit, restrict, or impair the use of crypto in purchases or the self-custody of crypto. Furthermore, state and local governments cannot impose additional taxes or other charges specifically targeted at crypto. Taxes on legal tender apply. Mining and other protections HB 3594 also protects home crypto mining and mining businesses by declaring it legal to participate in either…

LegalMay 19