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.

Ethernity Launches Ethereum Layer-2 Network with AI Integration

Ethernity is a platform that offers authenticated and licensed NFTs featuring well-known figures such as Lionel Messi and Shaquille O’Neal. It has announced a Layer-2 solution on the Ethereum blockchain. This development aims to address the challenges faced by major brands in adopting blockchain technology. Ethernity Unveils Layer-2 Blockchain The new Ethernity Chain Layer-2 solution will enhance privacy, lower transaction costs, and simplify user interfaces. It will include security measures and utilize AI for implementing Digital Rights Management (DRM) controls. This aims at preventing counterfeit trading and protecting creators’ intellectual property. Nick Rose Ntertsas, Co-Chief Executive Officer at Ethernity, stated…

BlockchainMay 9

Crypto Venture Capital Surpasses $1 Billion Mark for Second Consecutive Month

For the second month in a row, venture capital investment in the cryptocurrency sector has exceeded $1 billion, indicating the market’s continuous expansion. April saw a total of $1.02 billion raised over 161 investment rounds, somewhat less than the previous month’s $1.09 billion from 186 deals. This achievement is a significant milestone, matching the highs achieved in October-November 2022. 🗞️ Crypto News Crypto venture capital funding has exceeded $1 billion, signaling sustained investor interest in the industry. 🔗 https://t.co/BYxyzN0kiA#CryptoNews — CoinMarketCap (@CoinMarketCap) May 8, 2024 This accomplishment was made possible by notable fundraising efforts. Securitize, a real-world asset tokenization company,…

RegulationMay 9

There Are Massive Token Unlocks in 33 Altcoins in the New Week! Here is the Day by Day, Hour by Hour List

After a week in which the FED left interest rates constant, as expected, and in the cryptocurrency market, Bitcoin could not exceed $ 70,000 and lost 3% of its value weekly, token lock openings loaded in many altcoins will be waiting for crypto users in the new week. Here is the token unlocking calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Near (NEAR) Market Value: $6.92 billion Token Unlock Amount: $1.67 million (0.02% of Market Cap) Date: 25 March 2023, 03:00 H2O Dao (H2O) Market Value: $45.78 million Token Unlock…

AltcoinsMay 9

Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance

Bappebti, the Indonesian commodities regulator, formed a committee dedicated to monitoring the crypto industry. The committee will include regulator, government and industry representatitves. The Commodity Futures Trading Regulatory Agency, the Indonesian government agency known as Bappebti whose responsibilities include overseeing cryptocurrencies, formed a dedicated committee to monitor the industry. The Crypto Asset Committee was established under regulations enacted in January. Crypto falls under Bappebti's jurisdiction because crypto is considered a commodity in Indonesia. "This committee will be a driving force, ensuring that the crypto asset industry continues to operate smoothly and remains within the applicable legal framework," Kasan, the head…

LegalMay 9

Tether expands Eastern European operations with CityPay.io investment

Tether today announced an additional investment in CityPay.io to strengthen its Eastern European presence. The funding will enhance the payment processor’s reach in over 600 Georgian locations, according to the announcement. “Our previous collaboration with CityPay.io yielded exciting results in expanding convenient cryptocurrency use across Georgia. With this second investment, we aim to build on those results and drive the adoption of cutting-edge technologies that disrupt traditional payment systems,” said Paolo Ardoino, CEO of Tether. “We are thrilled to collaborate with CityPay.io again in our joint efforts to build a fairer, more connected, and accessible global financial system.” CityPay.io powers…

ExchangesMay 9

Index Coop Integrates Chainlink CCIP for Cross-Chain Index Access

Index Coop has embraced Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the industry’s gold standard for secure cross-chain communication, across both Ethereum and Arbitrum mainnets. This integration leverages CCIP’s Simplified Token Transfer technology, allowing seamless, cost-effective cross-chain transfers of DPI and MVI index tokens. This development ensures that Index Coop’s users can access their preferred indexes with ease. The decision to implement Chainlink’s CCIP stems from the protocol’s well-established reputation for reliability and security within the Web3 space. Chainlink’s decentralized oracle networks and its Risk Management Network provide continuous oversight of cross-chain operations to detect and counter any suspicious activities. Such meticulous…

BlockchainMay 9

Peter Brandt Says Bitcoin Has Not Hit ATH in 3 Years on This Condition

Legendary trader Peter Brandt has shocked the community on his latest take regarding Bitcoin’s all-time high (ATH) price record. Taking to his official X account, the legendary trader revealed that the Bitcoin price has not achieved any ATH over the past three years. Peter Brandt yardstick The statement is at first counterintuitive to a layman because Bitcoin achieved its highest price level worth $73,750.07 on March 14. According to Peter Brandt, the Bitcoin price, adjusted for inflation, has not reached a new high in three years. Per this metric, Peter Brandt posited that despite the approved spot Bitcoin ETF and…

BitcoinMay 9

Cryptocurrency complaints increased in Turkey with the rise in Bitcoin!

The adoption and use of Bitcoin and cryptocurrencies is increasing day by day. At this point, while cryptocurrencies are on everyone's agenda, complaints about crypto are also increasing. According to the news of DHA, the popular platform Fikirvar announced the data regarding complaints about cryptocurrencies. Accordingly, Mutfakvar announced the complaints regarding cryptocurrency for the first 4 months of 2024. According to the data announced by Meryemvar, March 2024 was the month with the most complaints in the last 16 months. The number of complaints in March was 3 thousand 5223. While complaints increased by 22% in the first four months…

RegulationMay 9

High-Risk Appetite Evident as PUNDU Meme Coin Raises $100 Million

DAO Maker has achieved a remarkable feat, securing nearly $100 million in a presale for the PUNDU meme coin. The significant investment contributed within 36 hours reflects a pronounced appetite for high-risk ventures in the crypto market. However, the overwhelming response resulted in an oversubscription, necessitating refunds for contributors who sent funds post-target attainment. Solana Meme Coins in High Demand DAO Maker unveiled an impressive $97.6 million raised across Binance Smart Chain and Solana, drawing support from over 20,000 users. PUNDU, introduced by the launchpad just days ago, swiftly captured investor interest, with contributions exchanging SOL and USDT for PUNDU…

AltcoinsMay 9

U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions

Major U.S. financial industry companies are teaming up to explore sharing ledger technology. The New York Innovation Center of the Federal Reserve Bank of New York will act as a technical observer. Citi, JPMorgan, Mastercard, Swift and Deloitte are among major companies with an interest in financial services teaming up to explore sharing ledger technology by simulating multiasset transactions in U.S. dollars. The research project, titled Regulated Settlement Network (RSN) proof-of-concept (PoC), will explore the potential of bringing commercial-bank money, wholesale central-bank money and securities such as U.S. Treasuries and investment-grade debt to a common regulated venue, according to a…

LegalMay 9