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.

DePIN is a lifeline for Bitcoin miners, says Livepeer CEO

Bitcoin (BTC) miners might turn to the DePIN ecosystem to turn mining facilities profitable after the latest halving cut block rewards to 3.125 BTC, shared Livepeer CEO Doug Petkanics with Crypto Briefing. DePIN is short for decentralized physical infrastructure network, a blockchain industry sector that brings transparency and decentralization to the real world. Petkanics highlights that this movement to DePIN, where the business model is usually providing computing power through GPUs to artificial intelligence-focused companies, is met with good and bad news for Bitcoin miners. “The hardware that they’ve bought and deployed and paid for Bitcoin mining are really specific…

MiningMay 16

A New Era of Transaction Ease

In a significant move to enhance the cryptocurrency ecosystem, Alchemy Pay has partnered with Metis, a Layer 2 blockchain solution underpinned by Ethereum, to integrate a robust fiat-to-crypto payment gateway into the Metis platform. This partnership will enable developers within the Metis ecosystem to access Alchemy Pay’s seamless On & Off-Ramp solutions, facilitating easier transitions between fiat and cryptocurrencies for users worldwide. This collaboration aims to refine the user experience by providing a direct, efficient gateway for these transactions. Alchemy Pay’s addition of Metis’s native token, METIS, to its On-Ramp solutions is a key feature of this partnership. This integration…

BlockchainMay 16

Bitcoin in the Thick of a ‘Danger Zone,’ According to Crypto Analyst – Here’s His Outlook

A cryptocurrency analyst and trader is issuing a warning on Bitcoin (BTC) amid a significant market correction. The analyst pseudonymously known as Rekt Capital tells his 73,400 YouTube subscribers that Bitcoin is currently experiencing a correction which typically occurs ahead of the halving. “So we’ve been talking about this danger zone for a while and we’ve seen retracement in that danger zone. And, in fact, we are in the thick of this danger zone, we’ve been in this danger zone for a month or so. And we’ve already seen two pre-halving retraces.” According to the pseudonymous analyst, going by previous…

BitcoinMay 16

Enabling Cross-Chain Transfer of Blue-Chip Ethereum NFTs to Cosmos Ecosystem

New York, NY — Union, the Modular Interoperability Layer, is teaming up with Stargaze, the zero-gas NFT app chain, to facilitate the transfer of blue-chip Ethereum NFTs to the Cosmos ecosystem through its trustless, decentralized zkIBC bridge. — The integration promises significant advantages for collections in both realms. Following the completion of this partnership, Stargaze's NFT collections, including Bad Kids, will gain exposure to the Ethereum ecosystem by featuring on Ethereum marketplaces. Conversely, blue-chip Ethereum NFTs such as CryptoPunks, BAYC and Pudgy Penguins will find a new home in Stargaze. Moreover, NFT collections minted on Stargaze, such as the Celestine…

NFTMay 16

Suilend to Run Monthslong Points Program With a Twist

A pseudonymous crypto founder with very public criticisms of DeFi's points trend opened up his own points program on Suilend, one of the fastest growing borrow-and-lending protocols on the Sui blockchain. Launched Tuesday, Suilend's incentives program addresses some of the most jarring issues that founder Rooter said protocols run into when wooing users with points. Countless protocols ran their own points programs over the past 12 months, almost always as the prelude to a token. Sui's DeFi landscape grew nearly threefold this year on the back of the resurgent market and boosted by the Sui Foundation's "Sui Rewards" incentives programs…

AltcoinsMay 16

Desig Launches Omnichain Smart Multisig Wallet on Conflux Network

Desig, Omnichain Smart Multisig Wallet solutions provider, has announced its integration with the Conflux Network. This collaboration promises users a transformative experience characterized by enhanced security, intelligence, and efficiency. 🎉 We're thrilled to announce that Desig, your go-to Omnichain Smart Multisig Wallet, is now live on @Conflux_Network! Get ready for a transformative experience in digital asset management that is secure, intelligent, and incredibly efficient. pic.twitter.com/KpfhDIfhB7 — Desig | Omnichain Multisig Wallet (@DesigLabs) May 15, 2024 Conflux Network’s Role in Desig’s Digital Asset Management Solutions Conflux Network’s innovative Tree-Graph consensus mechanism enables Desig users to enjoy lightning-fast transactions and high throughput.…

BlockchainMay 16

Bitcoin faces the mother of all crashes as this support gets retested

After briefly plunging below $60,000, Bitcoin (BTC) has rebounded, aiming to sustain its gains above the $65,000 mark. Notably, the cryptocurrency has exhibited heightened volatility leading up to the halving event, yet uncertainty looms regarding its future trajectory. In this regard, in a TradingView post on April 19, crypto trading expert Alan Santana forecasted a grim outlook for Bitcoin, hinting at the possibility of ‘the mother of all crashes’. This projection is rooted in Bitcoin’s current support levels. Santana highlighted Bitcoin’s struggle with a critical support range between $59,000 and $63,000, emphasizing that it has faced over five challenges recently,…

BitcoinMay 16

What is pSTAKE Finance?

In a major development for Bitcoin-native DeFi, pSTAKE Finance recently unveiled liquid staking for Bitcoin. Based on Babylon's Bitcoin staking protocol, this solution aims to simplify Bitcoin staking and provide new yield generation opportunities. Breaking: pSTAKE Finance is launching a premier liquid staking solution for Bitcoin, built atop @babylon_chain. pSTAKE aims to become a catalyst for BTCfi growth by creating a direct pathway to generate #BTC staking yield. Learn more 👉🏼 https://t.co/XV6KE07ciL pic.twitter.com/6R7hVODcor — pSTAKE Finance (@pStakeFinance) May 15, 2024 What is pStake? Let's find out… What is pStake? pSTAKE Finance, backed by Binance Labs, is a multi-chain liquid staking…

DeFiMay 16

Dip in Ethereum NFTs as Blur Season 3 comes to an end

Iconic nonfungible token collections recorded huge percentage losses in the previous week since BLUR users unloaded inventory. Blur Season 3 will end in the upcoming weeks, and Ethereum-based nfts are sold out on a very large scale. Blur’s airdrop farming program is termed Season 3, where the user community will get profitable rewards with [REDACTED]. The rewards in the Blur airdrop farming campaign are empowered by Blast, an Ethereum rollup. Rewards will be distributed in the form of Blast Layer 2 network’s token of the future. Blur users can get points by bidding on NFTs and offering loan liquidity via…

NFTMay 16

AIOZ Network token rises 17% after Bithumb listing announcement

The AIOZ Network’s token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85. Earlier today, the token briefly surpassed the $0.90 mark, and market capitalization crossed the $925 million threshold, per CoinMarketCap. 24-hour chart of AIOZ from CoinMarketCap The uptick in AIOZ’s market activity is linked to a recent announcement by Korea’s leading exchange, Bithumb, which has added AIOZ to its listing. Starting today, Bithumb will allow deposits for AIOZ starting at 2:00 a.m. EDT and enable transactions and withdrawals from 6:00 a.m. EDT. You might also like:…

AltcoinsMay 16