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.

Coinbase Unveils Weekly BTC Giveaway Post-Halving

In a move that has the cryptocurrency community buzzing with excitement, Coinbase, one of the leading cryptocurrency exchanges, has announced a giveaway to commemorate Bitcoin's historic halving event. As part of this celebration, Coinbase will host a weekly Bitcoin giveaway, offering participants the chance to win BTC in recognition of this pivotal moment in Bitcoin's history. The Bitcoin halving, a programmed event that occurs approximately every four years, is a fundamental feature of Bitcoin's monetary policy, designed to limit the supply of new BTC entering circulation. During the halving, the rate at which new Bitcoins are created is cut in…

BitcoinMay 9

Mastercard and US banks collaborate to streamline settlement of tokenized assets.

Mastercard, in collaboration with major US banks, is pioneering a new frontier in financial technology by testing shared-ledger technology as per Bloomberg report. This innovation aims to enable the seamless settlement of tokenized assets, including commercial bank money and various securities such as Treasury bonds and investment-grade debt. The initiative, known as the Regulated Settlement Network proof-of-concept, seeks to streamline transactions in dollars, with the ultimate goal of enhancing cross-border transaction efficiency while minimizing errors and fraud risks. Mastercard is joining with financial institutions to test ledger technology that would allow the common settlement of tokenized assets https://t.co/Fv5D1ge1no — Bloomberg…

RegulationMay 9

VeChain Teases Another Major Announcement, VeFam Remains Skeptical

VeChain hints at major announcements at Paris Blockchain Week 2024. Previous event announcements led to significant developments like VeBetterDAO. VeFam remains skeptical about the excitement over the new announcement. VeChain, a prominent blockchain platform, is teasing another major announcement set to be unveiled at the upcoming Paris Blockchain Week 2024. CEO Sunny Lu shared his enthusiasm for the event, confirming his participation as a speaker at the prestigious gathering. Scheduled to occur at the Carrousel du Louvre from April 8th to 12th, 2024, the event is poised to be significant for VeChain and the wider crypto community. Mark your calendars…

AltcoinsMay 9

SEC's Targeting of Ripple's Stablecoin Explained by Analyst

Alexander Grieve, Paradigm's government affairs lead, has attempted to decode the U.S. Securities and Exchange Commission's recent attack on Ripple's stablecoin project. As noted by Grieve, the mention of Ripple's stablecoin project, which is yet to be named, came after it became clear that the stablecoin legislation would not be attached to the Federal Aviation Administration (FAA) Reauthorization Act of 2024. This presented an opportunity for the SEC to go after the SEC in its recent filing. The agency mentioned that Ripple was gearing up to launch an "unregistered crypto asset." The stablecoin project was unveiled by the San Francisco-based…

LegalMay 9

Biggest UK Fintech Launches Trading Platform Supporting XRP

Revolut, the largest fintech company in the U.K., has launched a new crypto trading platform that allows professionals to trade XRP among other digital assets. Revolut has marked its territory in the cryptocurrency exchange arena by unveiling Revolut X, a crypto trading service catering to professional crypto traders. The firm announced this development via a press statement on its official website on May 7. The announcement detailed that Revolut’s objective in launching this professional-grade trading platform is to rival top exchanges by providing seamless transitions into and out of crypto positions, coupled with competitive fees. Specifically, Revolut X charges a…

ExchangesMay 9

the Bluefin crypto DEX facilitates access with Google accounts

Bluefin, the most well-known derivatives DEX within the SUI world, has just announced the integration of Google accounts as a means to access their crypto trading platform. With a simple click, users can now create a profile and quickly access Bluefin without worrying about security and decentralization, thus improving the overall experience with the web3 product. This is an important step for one of the niche DEXs in the SUI ecosystem that has grown significantly in recent months, increasing its user base and the number of locked funds. Let’s see everything in detail below. Bluefin, the DEX of the SUI…

BlockchainMay 9

Bitcoin on track to hit $150,000 by year-end and $200,000 by end of 2025: Standard Chartered

Standard Chartered projects Bitcoin could soar to $150,000 by year-end, driven by ETF growth and institutional investment. The post Bitcoin on track to hit $150,000 by year-end and $200,000 by end of 2025: Standard Chartered appeared first on Crypto Briefing. Standard Chartered's head of digital assets research estimates that the ETF inflows could spike to between $50 billion and $100 billion. Despite widespread caution from analysts predicting a post-halving slump, Geoff Kendrick, head of digital assets research at Standard Chartered, is doubling down on his optimistic outlook, saying Bitcoin could reach $150,000 by year-end and $200,000 by the end of…

BitcoinMay 9

Memecoins, Staking-With-A-Twist, DeFi-Nancialization Of New Verticals

Having recently reflected on the development of the crypto markets since the 2021 bull run, I’ve also been pondering trends in the broader Web3 sector and the scale of change we’ve seen in just three short years. As 2021’s biggest headline-grabbers, NFTs are a case in point. Even as crypto prices soared in early March, NFT NFT markets were dogged by liquidations, with prices slumping as much as 30% for some once-popular collections. While the format still offers plenty of opportunities for utility, market hype simply hasn’t carried through to 2024. Instead, crypto’s wildest speculators have turned their attention to…

NFTMay 9

Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer

Lagrange Labs, a cryptography startup specializing in zero-knowledge (ZK) proofs, has raised $13.2 million in a seed funding round led by Peter Thiel’s Founders Fund. The startup is based on Ethereum’s EigenLayer restaking platform and is aimed at providing decentralized applications with efficient and secure access to otherwise resource-intensive onchain computing power. Lagrange’s flagship product comes in the form of a zero-knowledge “coprover,” slated for release later this month. According to the press materials, the coprover is operates as an offchain network of specialized nodes that could execute intensive computations and generate ZK proofs based on the results. Such a…

RegulationMay 9

Here’s How XRPL AMM is Useful for FXRP Agents that Need to Source XRP

Amid the launch of automated market maker (AMM) functionality on the XRP Ledger (XRPL), Hugo Philion, co-founder of Flare Network, has pointed out its potential utility for the proposed FAssets system. In a recent post on X, Philion expressed satisfaction that AMM capabilities are now available on the XRP Ledger. “I am particularly glad that there is now an AMM on XRPL,” Philion remarked. The factor behind his delight is the AMM’s potential usefulness for the Flare Network’s FAssets system. I, for one, am particularly glad that there is now an AMM on XRPL. It will be useful for FXRP…

AltcoinsMay 9