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.

Zeta Markets Secures $5 Million to Propel DeFi Growth on Solana

In a significant move propelling the evolution of decentralized finance (DeFi) on the Solana blockchain, Zeta Markets, a pioneering decentralized exchange (DEX) for on-chain perpetuals, has announced the successful closure of a $5 million strategic funding round. This latest infusion of capital, led by Electric Capital, bolsters Zeta Markets’ total funding to an impressive $13.5 million, marking a significant milestone in their mission to revolutionize the DeFi landscape. The round was led by Electric Capital with participation from DACM, Selini Capital, Airtree Ventures and prominent angel investors such as Anatoly Yakovenko of Solana, Mert Mumtaz of Helius, Richard Wu of…

DeFiMay 14

the new blockchain framework for Arbitrum and Celestia

Yesterday, Omni Network presented to its audience the new high-performance modular blockchain implementation Octane, capable of connecting the EVM world with CometBFT. The new framework can be used to create layer-1 networks and decentralized sequencers for layer-2 with extremely high transaction throughput, offering excellent integration opportunities with the Arbitrum, Celestia, and EigenLayer ecosystems. Let’s see all the details below Omni Network introduces Octane and solves the problem of combining EVM and CometBFT Octane simplifies EVM integration with blockchain applications: opportunities for Celestia, Arbitrum, Monad, and EigenLayer Omni Network introduces Octane and solves the problem of combining EVM and CometBFT Omni…

AltcoinsMay 14

Animoca Brands Japan and Quidd to Release ‘FAIRY TAIL’ Digital Collectibles

Animoca Brands Japan and Quidd will launch digital collectibles of the popular manga “FAIRY TAIL.” According to a press release shared with Cryptonews.com, the Japanese subsidiary of Animoca Brands’ new collectibles will feature 29 characters from the series, including Natsu, Lucy, and Happy. The collection will be available on Quidd, starting from 5 p.m. EST on May 24, 2024. Key scenes from the series have been chosen and turned into art cards under the guidance of FAIRY TAIL author Hiro Mashima, and are available in various rarities. Animoca Brands’ NFT Platform in Japan Founded in 2021, Animoca Brands Japan aimed…

NFTMay 14

Arbitrum (ARB) Hits 2 Million Daily Transaction Milestone Amid Crucial Update

Ethereum layer-2 scaling solution Arbitrum has hit a major milestone within its network. According to data from crypto analytics service provider IntoTheBlock (ITB), Arbitrum’s daily transactions soared to two million as of May 8. As ITB noted, since March, Arbitrum has consistently hit an average of one million transactions per day. This is significant as it proves the network is more user-friendly than its peers. The Arbitrum transaction surge has been a major buildup over time. Per the one-year chart shared, Arbitrum’s transaction growth has remained relatively flat, around 100,000 to 500,000, from September through October 2023. Arbitrum transactions are…

AltcoinsMay 14

Cardano Founder Responds to ADA Community, But With Warning

In a recent social media appearance, Charles Hoskinson, the visionary behind Cardano, addressed the clamor surrounding CIP-69. This aims to streamline the development process on the Cardano (ADA) blockchain by unifying arguments for all types of Plutus scripts currently available. Acknowledging the growing demand within the community, Hoskinson disclosed discussions between the development teams, indicating the potential inclusion of CIP-69 in the upcoming Chang Hard Fork. Despite the apparent community enthusiasm and backing from the Cardano Foundation, Hoskinson offered a note of caution. He emphasized the inherent risks associated with off-roadmap alterations, stressing the need for careful consideration to minimize…

AltcoinsMay 14

Anthony Scaramucci on Bitcoin: 'Best-Performing Asset in World'

Legendary investor Anthony Scaramucci has shared his view on future Bitcoin price in regard to the halving event that happened this Friday. In his recent appearance on Wealthion, the long-time crypto proponent highlighted the significant demand for Bitcoin driven by investors buying into ETFs like BlackRock and Kathy Wood's funds, while the network produces only 450 coins per day. Crypto and Bitcoin are still new to most people. I tried to answer some of the biggest questions like use cases and the upcoming halving. Give it a watch: https://t.co/PCAhnAm6ov — Anthony Scaramucci (@Scaramucci) April 19, 2024 This demand often pushes…

BitcoinMay 14

Shiba Inu Calls SHIB Army for this Epic Event: Details

The Shiba Inu ecosystem official X account has called the SHIB Army to graze an occasion where it will be speaking for the first time ever. The official X account of the Shiba Inu ecosystem has invited SHIB enthusiasts to a discourse where it plans to address community members in speech for the first time. This event is unfolding through an X Space scheduled for today at 7:00 PM UTC. Woof! Calling all #ShibArmy & ShibArmy veterans! 🪖 Get ready for a trip down memory lane with some epic #Shib stories from the early days! This is my FIRST TIME…

AltcoinsMay 14

What's Next for Bitcoin After the Halving?

Welcome to Bitcoin’s fifth epoch. Following the network’s programmed reduction in newly issued Bitcoin, a new era of digital scarcity has been ushered in. Like clockwork on Friday, the reward that miners earn for validating Bitcoin transactions was slashed in half for the fourth time since the blockchain’s launch. Bitcoin’s so-called halving occurred at just after 8pm ET on Friday. As a result, miners will earn 3.125 BTC per block created until some time likely in 2028. It’s part of miners’ dues for solving cryptographic puzzles that help keep Bitcoin’s network secure, until that’s halved again and again well into…

BitcoinMay 14

357.3 Billion PEPE Purchased on Binance After Major Meme Coin Development

Major analytics account on X @lookonchain spreads the word about a new PEPE whale being born after he withdrew a hefty amount of meme coins from Binance. It happened after the popular meme cryptocurrency, PEPE, demonstrated a rise of almost 7% earlier today. Besides, a major new development on the meme coin market has made ripples within the crypto community. New whale grabs 357 billion PEPE as price rises Lookonchain reported that a fresh crypto whale withdrew 357.34 billion PEPE after a likely purchase on Binance. This amount of the meme coins comprises the equivalent of $2.9 million in fiat.…

AltcoinsMay 14

Massive 850K Bitcoins Held by ETFs as Weekly Inflows Reach $2.5 Billion

According to the Coinbase x Glassnode Q2 report, the current Bitcoin holdings by ETFs indicate the increasing involvement of Wall Street investors in the crypto market. The combined assets under management (AUM) of Bitcoin exchange-traded funds (ETFs) now hold approximately 851,000 BTC, representing about 4.3% of the total circulating Bitcoin supply. This significant concentration highlights the growing impact of ETFs on the cryptocurrency market. Weekly inflows up to $2 billion Following their introduction, Bitcoin ETFs experienced robust weekly inflows ranging from $1.2 billion to $2.5 billion in the first quarter. However, inflows have slowed since late March, signaling a potential…

BitcoinMay 14