Author: NBTC

QANplatform (QANX), a quantum-resistant Layer 1 hybrid blockchain, announced that an EU nation is deploying its quantum-resistant technology within the public sector for the first time, according to the information shared with Finbold on March 14. The technology fortifies and protects government-owned cybersecurity infrastructure against the threat of quantum computing attacks. While the specific details in regard to which EU nation adopted QANplatform’s solutions and why remain undisclosed for national security reasons, the development of quantum-resistant technology marks a significant stride towards safeguarding critical infrastructure in the face of evolving threats. Post-quantum cybersecurity solutions The adoption was announced in Zug,…

Just when the digital currency community thought it had seen it all, Bitcoin hit a new all-time high (ATH) of $69,000, only to succumb to gravity, plunging back to the $62,000 mark in a stark reminder of its unpredictable nature. Despite this, Bitcoin has demonstrated resilience, bouncing back to a trading price of approximately $67,015, showcasing a modest 0.60% increase in the last 24 hours​​​​. The Glassnode cofounders, operating under the Negentropic X (formerly Twitter) account, have been vocal about recent price dynamics. They describe the event as an ABC-CORRECTION, following the ATH, suggesting that the fall was not a…

Litecoin major upgrade with PSBT and MWEB integration enhances privacy and efficiency. Litecoin surpasses Bitcoin Cash in on-chain transactions and BitPay adoption. Litecoin, a pioneering cryptocurrency known for its quick transaction speeds and low fees, is on the brink of embracing a monumental upgrade. This evolution in the Litecoin ecosystem is not just a routine update but a significant leap that might cast ripples across the price dynamics of its native asset, LTC. The upcoming Litecoin Core v0.21.3 upgrade is set to revolutionize the way transactions are conducted within the network. At the heart of this upgrade lies the integration…

Hong Kong’s central bank is inviting businesses interested in issuing fiat-backed stablecoins to join a regulatory sandbox. The regulator plans to use the sandbox to shape its plans to regulate crypto pegged to real currencies. The Hong Kong Monetary Authority (HKMA) started a regulatory sandbox to give potential stablecoin issuers an environment for developing and testing certain operations without penalties. The sandbox provides regulatory leeway and aligns with Hong Kong’s plan to regulate fiat-backed stablecoins, which are cryptocurrencies pegged to the value of sovereign currencies like the U.S. or Hong Kong dollar, the regulator said on Tuesday. “Applicants should have…

The average number of daily active wallets being connected by players to blockchain games jumped 20% month-over-month in February, DappRadar and the Blockchain Game Alliance announced Thursday in their monthly industry report. The ongoing buzz around play-to-airdrop campaigns—which incentivize people to play games by dangling potential token incentives in front of them—is credited for at least some of the monthly rise. Climbing prices for crypto gaming tokens also played a role as the average number of daily wallets interacting with crypto games hit 1.9 million in February. “The play-to-airdrop trend is still pushing more people towards blockchain gaming,” the report…

This week, Offchain Labs, the pioneering force behind Arbitrum, Ethereum’s leading Layer 2 (L2) scaling solution, has announced the launch of ArbOS 20, codenamed “Atlas.” —This milestone release represents a major stride forward for the Arbitrum ecosystem, ushering in support for the Ethereum Dencun update across all Arbitrum chains. With the integration of Stylus and EVM+, ArbOS Atlas empowers developers to execute applications and use cases previously deemed unfeasible on Arbitrum, particularly those generating a high volume of transactions, such as Gaming, SocialFi, or DeFi exchanges.One of the most impactful outcomes of ArbOS Atlas is a substantial reduction in Ethereum…

The behaviour of borrowers in decentralized finance (DeFi) is important in considering the design of collateralized borrowing platforms with emerging tokenized assets, a BIS study has found. The study’s authors claim to be the first to document individual DeFi wallets’ leverage, relevant to understanding financial stability concerns. The behaviors of borrowers in the decentralized finance space and DeFi market dynamics are important considerations when designing and managing platforms involving tokenized assets, a study by the Bank for International Settlements (BIS) has concluded. Financial institutions worldwide are increasingly experimenting with tokenizing traditional assets such as bonds and securities. The workings of…

The US District Court judge has announced an order in response to supplemental authority filed by the U.S. Securities and Exchange Commission (SEC). The SEC’s actions have faced backlash from the crypto industry as the regulator tries to spin its win in other crypto-related cases to gain the upper hand in other court cases, including crypto exchange Binance. Judge Keeps SEC’s Supplemental Authority Off the Table Judge Amy Berman Jackson ordered the SEC and Binance that the court will not consider supplemental authority for discussion or describe the authority for parties’ arguments, as per a minute order on March 11.…

MadWorld, a post-apocalyptic shooter game for iOS and Android, opened up registration for its early access playtest on Thursday, giving players an opportunity to test out its NFT-based territory control elements. And the studio behind the title, Carbonated, also shared that it has raised $13 million in fresh funding from prominent backers. Carbonated Inc, founded in 2015 by video game industry veterans from firms like PlayStation and Electronic Arts, revealed exclusively to Decrypt’s GG that it has raised a $13 million Series A round led by Com2uS, the South Korean gaming giant behind the XPLA blockchain network that MadWorld uses…

Story Protocol, a blockchain-based IP-tracking platform, has partnered with the AI startup Ritual to let builders create AI models and track their outputs on-chain. Story Protocol raised more than $54 million last year from the likes of Andreessen Horowitz and Paris Hilton’s 11:11 media, and it is currently still in beta testing on Etheruem. The first initiative under the new partnership involves MyShell, a generative platform for building AI apps and chatbots. Creators using MyShell will be able to host their models on Ritual and register them as IP Assets on Story Protocol, ensuring control over usage, attribution, and revenue…