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.

Massa Labs Teams Up with Starknet to Forge Next-Gen Blockchain Solutions

In an era where blockchain technology continuously reshapes financial and data landscapes, significant strides are being made to enhance its infrastructure and accessibility. A landmark partnership has been announced that is set to push the boundaries of blockchain’s capabilities even further. Massa Labs, known for its innovative approaches to decentralized ledger technology, has joined forces with the Starknet Foundation, a key player in the development of scalable and efficient blockchain solutions. 🎉 MASSA x STARKNET We're thrilled to announce a newly signed partnership between @StarknetFndn and @MassaLabs aimed at developing innovative block access methods 🚀, enhancing data transfer efficiency 💾,…

BlockchainMay 7

Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst

Hong Kong Securities and Futures Commission (SFC) has approved three spot Bitcoin and Ethereum exchange-traded funds (ETFs) that will start trading on April 30. According to a recent social media post by Bloomberg Intelligence ETF analyst James Seyffart, the issuers of the ETFs have revealed their fees, including one as low as 0.3% after a six-month waiver. A potential fee war could break out in Hong Kong over these #Bitcoin & #Ethereum ETFs. Harvest coming in hot with a full fee waiver and the lowest fee at 0.3% after waiver. Tables are from my colleagues @RebeccaSin_SK & @thetrinianalyst! pic.twitter.com/zI1XobrTwZ —…

BitcoinMay 7

ETFS Capital Calls for Change in WisdomTree Leadership, Board Responds

ETFS Capital has called for changes in WisdomTree’s leadership, urging shareholders to vote against the re-election of certain directors. In a statement shared with Cryptonews.com, ETFS Capital expressed concerns about WisdomTree’s current board and management, suggesting that significant changes are needed to increase shareholder value. ETFS Advocates Voting Against WisdomTree Board The statement opposed the strategic direction of WisdomTree, emphasizing the company’s persistent undervaluation due to its board’s decisions. ETFS criticized the board for not exploring potential strategic options, including the sale of the business or other significant changes that could enhance shareholder returns. “ETFS believes that WisdomTree trades at…

RegulationMay 7

Solana trader turns $35,000 into $9 million in 2 hours

The Solana ecosystem has been consolidating itself as a profitable environment for ‘smart traders’ and lucky speculators. Following this trend, a trader invested $35,000 worth of Solana (SOL) to buy a meme coin stash now worth over $10 million. Notably, the Solana account ‘5We8d…qP5GY’ purchased 4.41 billion of a token called “cat in a dogs world” (MEW). For that, the trader spent 178.2 SOL, worth $35,000 when Lookonchain reported the accomplishment on X (formerly Twitter). This purchase happened on March 26, at 5:23 am (UTC) and Lookonchain posted at 7:16 am (UTC). At that time, MEW was priced at $0.002023…

AltcoinsMay 7

Ripple Asks Court to Dismiss SEC Expert Evidence

In the legal showdown, Ripple does not back off from brushing off the SEC’s highly controversial evidence to present in court. Here’s the real story behind it: Fox’s Role in the Case James K. Filan, a veteran defense lawyer, reported that Ripple filed a letter in support of its April 22, 2024, request to strike new expert materials and in response to the SEC’s April 29, 2024, opposition. Ripple also claimed that the SEC should have presented Fox’s declaration during the discovery phase since she was an expert witness. Ripple claims Fox is an expert witness because his accounting skills…

LegalMay 7

First bitcoin mining pool adds Stratum V2 feature to circumvent Bitmain

In response to recent news of Bitmain secretly vying for a majority of Bitcoin’s hash power, a publicly accessible bitcoin mining pool is offering an alternative for miners who want to choose their own, non-Bitmain-allocated hashing work. For the first time ever, a bitcoin mining pool has added support for Stratum V2 custom block templates. The second version (V2) of the largest bitcoin mining software, Stratum, now allows individual miners to choose their own block template. In other words, a miner may now select its own transactions, assemble its own block, and hash nonces appended to its own block in…

MiningMay 7

Full Force’s Community Incubation Launchpad Now on Core Chain

Full Force has unveiled its Community Incubation Launchpad on Core Chain, deploying an original ‘Engage-to-Invest’ strategy that promises to transform how fundraising is conducted within the Web3 domain. This platform introduces sophisticated automated-tracking instruments, a tailored artificial intelligence model, and pioneers a new era of user interaction and investment distribution. Full Force’s initiative represents a radical transformation in Web3 fundraising mechanisms. It offers a platform where user engagement directly correlates with the opportunity to secure investment slots. 1/ Full Force introduces its Community Incubation Launchpad on Core Chain, revolutionizing fundraising with the ‘Engage-to-Invest’ model. The platform tracks user engagement with…

BlockchainMay 7

Analysts Predict Post-Halving Surge Surpassing Gold

Charles Edwards of Capriole Investments highlights on-chain metrics indicating a bullish future for Bitcoin. Bitcoin now surpasses gold in scarcity following the fourth halving, positioning it as the premier asset for wealth preservation. “Bitcoin’s days under $100K are numbered,” Edwards suggests, reflecting widespread analyst confidence in significant price increases. Amidst Bitcoin’s fourth halving, analysts forecast a promising rise in value, surpassing gold in scarcity and setting the stage for unprecedented growth in the cryptocurrency market. Unprecedented Scarcity: Bitcoin vs. Gold Following the recent halving, Bitcoin has seen a reduction in supply growth rate by 50%, significantly lowering its inflation rate…

BitcoinMay 7

Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere

Galaxis, a "post-hype NFT utility platform," has raised $10 million ahead of its token launch. Participants included Chainlink, Ethereum Name Services (ENS) and Rarestone Capital. As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million from funders including Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday. Gains made through the company's node sale of more than 11,000 'Galaxis Engines' also contributed to the total funding. The platform, which helps creators and brands introduce collections of non-fungible tokens (NFTs), has worked with celebrities including DJ…

RegulationMay 7

DOGE Creator Denies Ties to Cat-Inspired Solana Meme Coin

One of the creators of the most popular meme cryptocurrency Dogecoin, Billy Markus, known in the crypto community under the pseudonym Shibetoshi Nakamoto, has denied a connection to recently emerged meme token BOBA. After the follower reached out to Markus, asking why BOBA only has a market capitalization of $100,000, the DOGE founder stated that he literally had nothing to do with the crypto asset. BOBA, a recent addition to the meme token craze, has garnered attention for its connection to the world of Solana blockchain. However, despite speculation linking Markus to this new venture, he made it abundantly clear…

AltcoinsMay 7