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.

Crypto Billionaire Joseph Lubin Says SEC’s Anti-Crypto Agenda To Have ‘Chilling Effect’ on Ethereum Users – Here’s Why

Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulator’s current policies on crypto will have a lasting effect on the industry. In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won’t be able to buy it, and developers won’t be able to develop Ethereum or build any more applications on top of the protocol. Earlier this year, SEC Chair Gary Gensler refused to confirm whether or not he sees ETH as a security. Says Lubin, “If the…

EthereumMay 8

Jack Dorsey’s ‘start small’ initiative pours $21m into OpenSats for Bitcoin development

Former Twitter CEO Jack Dorsey has made a staggering $21 million donation to OpenSats, a platform dedicated to funding Bitcoin (BTC) development. The nonprofit announced Dorsey’s donation in a May 4 blog post, where it indicated the funds would be used to bolster the resources available for open-source projects, providing crucial funding to innovators across the globe. Dorsey, who led Twitter (now known as X) from 2015 to 2021, later confirmed the contribution while responding to a post by technology specialist and whistleblower Edward Snowden, who was warning Bitcoin developers regarding the need to incorporate privacy measures at the protocol…

RegulationMay 8

Solana Gaming App 'Cupcake' Launches

B+J Studios launched its new social rewards program for its online gaming app Cupcake on the Solana blockchain on Tuesday, billing the web-based experience as a fun and engaging potentially entry point into the world of cryptocurrency. Using a feed format similar to TikTok, Cupcake features mini-games inspired by crypto culture and memes and includes games like Would You Rather, Caption This, and Two Truths and a Lie to earn rewards. B+J Studios is billing Cupcake as a "CultureFi" (or "culture finance") app, following in the footsteps of such trends as GameFi and SocialFi. “Cupcake’s approachable social games create a…

GameFiMay 8

Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin

Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia, and offer a Colombian peso-pegged stablecoin as part of its asset portfolio. Bancolombia Enters the Crypto Exchange Industry in Colombia With Wenia Bancolombia, one of the largest banking companies in Colombia, launched Wenia, a cryptocurrency exchange that will seek to disrupt the cryptocurrency space in the country. Wenia aims to wrestle market share from Binance and…

ExchangesMay 8

Ethereum devs propose new transaction type with EIP-7702

A group of prominent Ethereum developers, including Vitalik Buterin, has proposed a new transaction type (EIP-7702) to enhance the functionality and security of Externally Owned Accounts (EOAs). The proposal aims to address common issues such as transaction batching, sponsorship, and privilege de-escalation. According to the EIP-7702 draft, the new transaction type “adds a contract_code field and a signature, and converts the signing account (not necessarily the same as the tx.origin) into a smart contract wallet for the duration of that transaction.” The proposal is intended to offer similar functionality to EIP-3074. The motivation behind EIP-7702 is to provide short-term functionality…

EthereumMay 8

three new active ETFs in Milan

Ark Invest and Cathie Wood have made their entrance on the Italian Stock Exchange with the listing of three ETFs active in Milan. Among these, there is ARKK, the well-known flagship fund of ARK dedicated to innovation. In addition to this, the ARK Genomic Revolution (ARKG) is also proposed, focused on genomic technologies. Moreover, also ARK Artificial Intelligence & Robotics (ARKI), a new strategy dedicated to artificial intelligence and robotics, specifically developed for the European market. Let’s see all the details below. Milan: Ark Invest’s ETFs now available on the stock exchange for investors in Italy ARKK, ARKG and ARKI:…

RegulationMay 8

BadgerDAO partners with Lido to launch Bitcoin-pegged stablecoin

BadgerDAO, a prominent player in the Bitcoin (BTC) decentralized finance (defi) sector, has announced a partnership with Lido, a premier provider of liquid staking solutions on the Ethereum network. According to a press release shared with crypto.news, a new eBTC system has launched offering users the ability to secure loans without encountering any interest, repayment, or initiation fees. Instead, the protocol utilizes the Ethereum collateral by staking it with Lido to generate staking rewards, which potentially offers a more cost-effective borrowing option. The protocol aims to enhance existing wrapped Bitcoin assets by leveraging staked ETH (stETH) from Lido and simultaneously…

AltcoinsMay 8

Ethereum Game 'Fantasy Top' Pays $1.25M to Twitter Influencers It Turned Into NFT Cards

Crypto Twitter’s new favorite game, Fantasy Top, just paid out $1.25 million worth of Ethereum to top influencers that it turned into NFT trading cards for the fantasy football-esque experience. After launching on Ethereum scaling network Blast a week ago, the game—which allows players to create card lineups of their favorite Twitter (aka X) influencers, and earn rewards based on those influencers’ respective social engagement—took crypto by storm. The in-game “heroes” turned into cards include meme coin trader Ansem, DeGods creator Frank, and even Su Zhu—the co-founder of collapsed crypto hedge fund Three Arrows Capital. (Disclosure: Rug Radio co-founder Farokh…

GameFiMay 8

Crypto Exchange Listing and Delisting Announcements: May 6, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXC Listings: Pixel Prowler (PPROWLER) Ninja (NINJA) Zynecoin (ZYN) Crypto GPT (CRGPT) Ergo (ERG) Tuna Chain (TUNA) RoboHero (ROBO) Golazo (GOL) Trinity Of The Fabled (ABYS) Quantum XAI (QXA) Solgoat (SOLGOAT) Kamino Finance (KMNO) Ths Binary Hoddings (BNRY) LunarStorm (LUST) ZIGAP (ZIGAP) Gather (GAT) TUX Project (TUXC) Scrap Guilds (SUIAI) GPTVerse (GPTV) Bet45 (B45) AllStreetBets (BETS) STYLE Protocol…

ExchangesMay 8

Swiss National Bank exploring ways to tokenise financial assets

ZURICH, May 6 (Reuters) - The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way of making payments more secure and efficient, Chairman Thomas Jordan said on Monday. Jordan said central banks needed to decide how best to engage in the developments which advocates say will speed up and make payments cheaper. Tokenisation means the digital representation of claims on financial assets on a programmable platform which typically relies on distributed ledger technology. "Central banks....can take a wait-and-see stance and only act if tokenisation is adopted at scale," Jordan told an…

RegulationMay 7