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.

Ripple CEO Denies "Attacking" Tether

In a recent post on the X social media network, Ripple CEO Brad Garlinghouse denied attacking Tether, the largest stablecoin issuer. Prior to that, he claimed that it was "clear" to him that the US government was going after Tether during a recent podcast appearance. Garlinghouse stressed that he had mentioned the importance of Tether for the broader cryptocurrency ecosystem during that podcast. "The next words out of my mouth during the podcast were that I view Tether as a hugely important part of the ecosystem," he said in the aforementioned social media post. The Ripple executive went on to…

LegalMay 15

Coinbase ‘on top of it’ despite withdrawals not processing

Coinbase users claim they can’t withdraw their funds from the world’s second largest exchange despite it announcing it had ‘fully recovered’ after a system-wide outage. The platform suffered the three-hour-long outage on Monday but in the early hours of Tuesday, it claimed to have resolved the problem and apologized for the inconvenience. However, a slew of users on X (formerly Twitter) have responded to the recovery announcement claiming that they still can’t withdraw their funds. According to one user, “It’s not fixed, withdrawals are not available!!,” while another posted “@X can we get community notes here. This tweet is false…

ExchangesMay 15

Will the Expected Rally Come or Will It Be a Disappointment? Here Are The Latest Opinions

Bitcoin's highly anticipated “halving” event is about to happen. In this event, which occurs every four years, the supply of newly minted coins will decrease by 50%, dropping from 6.25 to 3.125. Halvings are designed to keep Bitcoin resilient to inflation and have historically led to significant price increases. However, experts warn that a rise in Bitcoin prices may not be imminent. While the Bitcoin price rose from around $44,000 to an all-time high of $74,000 in January due to demand for spot ETFs and the halving, it has fallen 12% in the last two weeks. According to Vetle Lunde,…

BitcoinMay 15

Ethereum's Gas Crisis Over? Vitalik Buterin Presents New Solution

In a bid to address Ethereum's ongoing high gas problems, Vitalik Buterin has unveiled a major new proposal aimed at optimizing transaction calldata and gas usage within the network. The draft proposal, dubbed EIP-7706, introduces a novel approach to managing transaction calldata by incorporating a new type of gas specifically tailored to calldata transactions. By providing a separate fee market for calldata transactions, complete with distinct basefee and per-block gas limits, the proposal aims to significantly reduce the theoretical maximum calldata size per block while making calldata more affordable on average. Buterin's motivation behind the proposal stems from the need…

EthereumMay 15

Shiba Inu Partner Unveils Exclusive Product Update

Shiba Inu partner K9 Finance DAO has released an exclusive product update concerning its upcoming liquid staking dApp, Bone Crusher. The K9 Finance team shared the update via their official X handle, presenting a video that demonstrates how the Shiba Inu Army may interact with the application and earn. The team noted that this video marks the inaugural product update visual aimed at community members. ⚙️Exclusive Product Update⚙️$BONE Crusher is our core product allowing #SHIBARMY supporters to delegate & earn from our validator(s) system Highlights in this video👇 ▶️Connect Wallet ▶️Stake BONE to secure @ShibariumNet ▶️Swap $knBONE ▶️Claim Reward(s) in…

AltcoinsMay 15

Don't Fall Prey to Crypto "Money Mule" Scams

The Commodity Futures Trading Commission (CFTC) has issued a stark warning, including cryptocurrencies, to students and young job seekers: beware of becoming an unwitting "money mule." In a recent advisory, the CFTC's Office of Customer Education and Outreach (OCEO) cautioned that criminal organizations target young people with seemingly easy, stay-at-home job offers that involve moving money through bank accounts or digital wallets. Although the CFTC's warning primarily concerns the phenomenon of "money mules," it largely also pertains to cryptocurrencies. The agency suggests that their decentralization and anonymity make them frequently used for potentially illegal transactions. "During this year's Money Mule…

LegalMay 15

Paradigm Launches Linear Altcoin Options Trading on Deribit Exchange

Paradigm, the leading liquidity network for derivatives traders, has made a significant stride by expanding its offerings to now include linear altcoin options trading. This expansion was marked by the execution of its inaugural block trade in Polygon (MATIC) on the Deribit Exchange. Paradigm’s strategic move into linear altcoin options trading was made possible through a strong collaboration with Galaxy, the digital asset leader, and QCP Group, the prominent digital asset market maker. The firm called attention to this development in a statement on its official X account. Paradigm expands into linear altcoin options trading by executing its first @0xPolygon…

ExchangesMay 15

Billionaire Tim Draper Predicts Bitcoin (BTC) Price Might Reach $10 Million

In a recent interview, prominent venture capitalist Tim Draper predicted that the price of Bitcoin could potentially surge to $10 million. "Now, $250,000 or a million, or $2 million, or even $10 million are the numbers that are probably going to happen for a couple of reasons…When you can buy your food, clothing, shelter, and pay your taxes all in Bitcoin, that's a done deal. You won't want to use any other currency," Draper explains. The billionaire, who is known for his early bets on companies like Skype, predicts the devaluation of the U.S. against Bitcoin. Speaking of the upcoming…

BitcoinMay 15

Ethereum Moves In A Narrow Range And Stabilizes At $2,900

The price of Ethereum (ETH) has dropped as the altcoin falls into its range bound zone. Price analysis by Coinidol.com. Long-term analysis of the Ethereum price: bearish The largest altcoin has been in a range bound movement since the downtrend on April 13, 2024. The altcoin is in a range-bound move, above the $2,908 support but below the moving average lines. On the upside, buyers have failed to sustain the price above the moving averages. This is due to the continued selling pressure at the 21-day SMA resistance line. The bears have defended the 21-day SMA resistance line, which has…

EthereumMay 15

Shiba Inu Lead Stirs Speculation With Unexpected Location Update

In an unexpected twist that has left the cryptocurrency community buzzing, Shiba Inu lead Shytoshi Kusama has updated his Twitter bio, signaling a location change to Lima, Peru. This intriguing development comes nearly 24 hours after a cryptic teaser featuring "Evita" was shared with the community, sending waves of speculation across social media platforms. The teaser, which was sparse on details but rich in cultural references, seemed to send a message to the Shiba Inu community. "Evita," presumably referring to Eva Perón, the iconic Argentine figure, symbolizes a revolutionary spirit and a fight for the people. This teaser, whose context…

AltcoinsMay 15