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.

Meme Coin Devs Are Doing Wild Things on Livestreams to Pump Tokens

Livestreaming your supposed mom shaking her breasts on camera to pump your meme coin is peak crypto degeneracy. But this sexually suggestive token, called LIVEMOM, is only the beginning of an increasingly weird—and rapidly expanding—wormhole of meme coin livestreams. Kidnapping, even more half-naked women, and fraudulent amputees are all part of this emerging livestream meta that has taken underground Solana degen traders by storm. At the same time that LiveMom was shaking her 36DDs next to her purported son, another livestream was underway. Aspiring political candidate Leland King Fawcette was attempting to create a meme coin called IMLIVEKICK, but the…

AltcoinsMay 13

Linear Finance Joins Forces with Chainlink to Revolutionize Cross-Chain Token Transfers

Linear Finance has announced a strategic move to enhance its cross-chain functionality by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across the BNB Chain and Ethereum mainnets. This integration marks a significant step forward for Linear, as it leverages the CCIP’s arbitrary messaging features to facilitate cross-chain transfers of its native token, LINA. This development allows users to stake LINA across multiple blockchains, streamlining the process and broadening access. The decision to select Chainlink’s CCIP for this crucial upgrade stems from its robust track record in the Web3 industry, where it is recognized for upholding the highest standards of security and…

BlockchainMay 13

Bitcoin’s Top Most Valuable Blocks Are Mined After Halving Event: Report

A prominent X user, Clark Moody, recently shared insights on Bitcoin’s top most valuable blocks, which were mined following the much-awaited Bitcoin Halving event. While nine of the 10 most valuable blocks in Bitcoin history were mined after the halving event, one was the result of an accident $3 million overpayment last November. Nine of the top 10 most valuable blocks have been mined today pic.twitter.com/0W5zbLOHx0 — Clark Moody (@clarkmoody) April 20, 2024 The Bitcoin halving was successfully completed late on April 19, 2024, significantly impacting the whole crypto market. Chinese crypto journalist Colin Wu’s X post revealed that the…

BitcoinMay 13

Record-breaking user engagement on Polkadot despite price slump

Polkadot blockchain activity has surged to record levels, with active addresses hitting all-time highs for two consecutive months. Data from DotLake indicates the network boasted around 650,000 active addresses on-chain as of the end of April. The growth continues the uptrend that saw the number of active blockchain addresses surpass its previous high of 605,000 in March. Polkadot said this milestone represents a significant uptick in activity, marking a new all-time high for monthly active accounts since the launch of parachains in 2022. The rising active addresses can be primarily attributed to Moonbeam. During the reporting period, the parachain accounted…

AltcoinsMay 13

EU Securities Watchdog Considers Including Crypto in Investment Products, Expanding Market Access

The European Union (EU) securities watchdog, the European Securities and Markets Authority (ESMA), is seeking input from stakeholders on the potential inclusion of crypto assets in investment products. The move has the potential to open up a vast market for cryptocurrencies, surpassing the scope of spot Bitcoin exchange-traded funds (ETFs). ESMA’s call for input is intended to expand the assets eligible for Undertakings for Collective Investment in Transferable Securities (UCITS), a market valued at €12 trillion. Approval of Crypto Assets for UCITS Could Expand Market Access The approval of crypto assets for the EU’s UCITS would offer broader access to…

LegalMay 13

Solv Protocol Joins Forces with zkLink Nova to Deal with Liquidity Fragmentation

Solv Protocol, a well-known liquidity infrastructure platform, has started a new partnership. The company disclosed its collaboration with zkLink Nova (a multi-rollup aggregated L3 zkEVM network) to focus on liquidity fragmentation on diverse L2 rollups. On its official X account, the platform provided the details of the latest endeavor. Exciting News! zkLink Nova has now joined the SolvBTC ecosystem!@zkLinkNova is Ethereum’s first aggregated Layer 3 Rollup Network, powered by @zkLink_Official’s Nexus tech and ZK Stack. It's designed for general-purpose DApps, addressing liquidity fragmentation across numerous… pic.twitter.com/FiX5d39oAK — Solv Protocol (@SolvProtocol) May 10, 2024 Solv Protocol and zkLink Nova Partner to…

BlockchainMay 13

What to Expect in Price From Now On? Here is Analyst Opinion

The Bitcoin network has successfully completed its highly anticipated “halving,” a major software update that occurs every four years. However, this incident dealt a potential blow to companies that make profits by keeping the BTC network running smoothly and securely. The halving event reduces the amount of Bitcoin distributed from the network to companies, called miners, known as mining rewards, in exchange for verifying transactions. This change went into effect around 03:00 UTC on Saturday, according to data from analytics websites mempool.space and Blockchain.com. After the halving, the Bitcoin price remained relatively stable at $64,000. Kok Kee Chong, CEO of…

BitcoinMay 13

Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms

Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of peer-to-peer crypto trading. Nigerian authorities are reportedly seeking to ban peer-to-peer crypto trading. One stakeholder has urged participants in the Nigerian crypto space to ‘identify the bad actors and inform the government. CBN’s Role in Steering Users Toward P2P Platforms According to stakeholders in Nigeria’s blockchain and cryptocurrency sector, the Central Bank of Nigeria’s (CBN) previous decision to exclude cryptocurrency entities from the banking system contributed to the growth of peer-to-peer (P2P) cryptocurrency…

RegulationMay 13

MANTRA and Zoth Join Forces to Transform Tokenized Institutional Offerings

In an effort to democratize access to tokenized real-world assets (RWAs), MANTRA has announced a strategic partnership with Zoth. This collaboration is set to revolutionize the landscape of asset tokenization, targeting the expansion of access to institutional-grade fixed-income products and RWAs within the MANTRA ecosystem. This move is poised to accelerate the growth of the multi-trillion dollar RWA sector, which stands at the forefront of blending traditional finance (TradFi) with decentralized finance (DeFi) innovations. MANTRA’s blockchain, a security-first Layer 1 solution, is engineered to facilitate seamless participation in the RWA tokenization space for developers and institutions alike. The platform features…

AltcoinsMay 13

Legal Expert Highlights Flaws in SEC's Case

In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), a legal expert known as "MetaLawMan" on X has brought to light significant weaknesses in the SEC's arguments, particularly concerning the alleged pecuniary harm suffered by XRP investors. Last July, the court ruled that XRP was not a security in and of itself, but that Ripple's institutional sales of XRP were unregistered securities. The SEC has submitted its final reply brief in the remedies phase, and now the judge's decision is awaited. The crux of the SEC's case hinges on the claim that Ripple's…

LegalMay 13