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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.

TLIP and MLETR Spearhead Trade Finance Revolution

By leveraging IOTA’s distributed ledger technology, TLIP aims to reduce costs, enhance efficiency, and mitigate risks across various sectors, promising a democratized future for trade finance. TLIP’s innovative features, including tokenization, risk engine capabilities, and document authentication, align with the goals of MLETR to streamline the digital transfer of ownership documents in trade finance. In the latest step to further revolutionize the trade finance ecosystem, IOTA’s TLIP integration with MLETR seeks to explore key advancements in this ecosystem. By diminishing dependence on intermediaries and harnessing the secure, transparent transactions enabled by IOTA’s distributed ledger technology, TLIP stands ready to lower…

Altcoins

Blockchain has ‘really big problems’ to solve in the Philippines: Jaymes Nicholas Shrimski

The Philippines has made global headlines for years for adopting blockchain technology. However, most of this came from the gaming sector, but it’s now time for the technology to venture beyond gaming and solve other “really big problems,” says Jaymes Nicholas Shrimski. Shrimski is the chief of staff at AHG Lab, a venture studio in Metro Manila. The company goes beyond just writing cheques and offers its startups the tools they need to focus on their product, from operations to finances and marketing. AHG Lab has yet to invest in a blockchain startup. According to Shrimski, this is mainly due…

Blockchain

Biggest Bitcoin Whales Amass $1,235,000,000 BTC Before Halving

The largest tier of Bitcoin holders has restocked nearly 20K BTC with a monetary value averaging $1.235 billion just before the 2024 Bitcoin halving. As the Bitcoin network is expected to undergo a halving today, a historical pattern of accumulation has re-emerged on the side of BTC whales. Prominent market intelligence firm IntoTheBlock recently called attention to this trend in a recent post in X. IntoTheBlock disclosed that Bitcoin whales may have begun buying BTC dips building up to the Bitcoin halving. Giant Bitcoin Whales Buy Dip In the latest update, the intelligence platform noted that the largest Bitcoin holders…

Bitcoin

$10,000 Ethereum (ETH) by Year-End? Analyst Makes Bold Price Prediction

Prominent cryptocurrency analysts have recently expressed bullish sentiment on Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, with one suggesting it will surge to over $10,000 by the end of the year. Michaël van de Poppe, a cryptocurrency analyst with over 700,000 followers on the microblogging platform X (formerly known as Twitter), expressed optimism, suggesting ETH is on track to reach a higher support level and added that the “good times are there in a few weeks time” after noting ETH is “at end stage of the correction.” #Ethereum is at the end stage of the correction. There's around 10%…

Ethereum

Subsquid secures $17.5M in a funding round and teams up with Google ahead of token launch

Subsquid, a leading Web3 data access layer, has secured $17.5 million in funding and forged a partnership with Google ahead of its highly anticipated token launch, as per the information shared with Finbold on May 16. The financial boost will support the development of Subsquid’s innovative data indexing technology, which aims to revolutionize blockchain data accessibility. Subsquid’s integration with Google BigQuery A major highlight of this development is Subsquid’s integration with Google BigQuery. By incorporating its software development kit with Google’s powerful data analytics platform, Subsquid offers developers new capabilities to analyze blockchain data. This marks a significant step forward,…

Regulation

B² Network to Integrate Circle’s Bridged $USDC Standard for Enhanced Transactions

B² Network and Circle have announced a significant integration targeting the expansion and ease of achieving digital dollar transactions in the cryptocurrency system. Specifically, B² Network will enable the Circle’s Bridged $USDC standard to launch the B² System, with further expansion to leverage native $USDC issuance. Integration Announcement with @circle . B² Network will introduce @circle ’s Bridged $USDC standard which provides the potential to upgrade to native $USDC in the future. $USDC helps businesses and developers experience improved payments and commerce through the power of the… pic.twitter.com/v5ssESFTxI — B² Network | BTC Layer2 (@BSquaredNetwork) May 15, 2024 B² Network…

Blockchain

GameStop and AMC Plunge as Roaring Kitty Meme Stock Craze Fades

The magic meme stock craze revival appeaers to be fading hard for GameStop and AMC. GameStock (GME) was trading 15% lower than its Wednesday afternoon closing price just before markets opened on Thursday. After the bell, the stock sank as low as $31.91—down 18%—before rebounding. At the time of writing, GameStop shares are trading for $33.38—down 16% from its previous close. Meanwhile, AMC isn't faring much better. Shares for the movie theater chain started the day trading 8% lower than their Wednesday closing price as markets opened in the U.S. The meme stock moniker comes from the fact that the…

Regulation

Shiba Inu Lead Cryptic Message Hints at Breathing New Life into the Ecosystem

Shytoshi Kusama, the Shiba Inu lead developer, has hinted at a potential move towards breathing new life into the SHIB ecosystem. Kusama emerged from the shadows to issue a cryptic message that got community members pondering its intent. Just three hours ago, Kusama took to X to post a GIF bearing the inscription “EVITA.” Notably, the Shiba Inu lead developer left no hashtag or hint about the mysterious message. pic.twitter.com/Lk9fRq9ivb — Shytoshi Kusama™ (@ShytoshiKusama) May 7, 2024 The absence of explicit context has ignited various speculations within the community. Members speculate whether this cryptic communication holds potential significance for Shiba…

Altcoins

How are Overlay Networks Revolutionising Blockchain Technology?

The rise of blockchain technology has highlighted the constraints of the traditional Internet infrastructure by offering secure and transparent data exchange. Although the physical network of routers and cables enables simple communication, these underlay networks are not equipped to handle the high data volumes and complex features needed for blockchain applications. Enter overlay networks: a game-changer in the world of digital communication. These virtual routing layers operate on top of the existing internet infrastructure, creating logical pathways for data packets. This allows for optimised data flow, bypassing bottlenecks inherent in the physical network and making them ideally suited for the…

Blockchain

Tops Q1 Crypto Investment Charts with 31 High-Impact Deals

OKX Ventures, the investment arm of the global crypto exchange and Web3 technology company OKX, has established itself as a leader in the crypto venture capital space. Announcing its latest achievements, OKX Ventures confirmed it ranked as the number one crypto venture capital investor for the first quarter of 2024. The firm successfully closed an impressive 31 deals during this period, showcasing its active engagement and bullish stance on the future of blockchain and Web3 technologies. The firm’s investment strategy in Q1 2024 was notably diversified, with significant emphasis on sectors like infrastructure, Artificial Intelligence (AI), and Decentralized Finance (DeFi).…

Regulation