Author: NBTC

Binance, one of the world’s leading cryptocurrency exchanges, announced that several spot trading pairs have been removed in order to protect users and preserve the integrity of the trading environment. Binance Announces Removal of These Spot Trading Pairs as of March 15, 2024 This decision follows the outcome of routine evaluations carried out by the exchange to evaluate the performance of listed assets, taking into account factors such as liquidity and trading volume. Effective March 15, 2024 at 6:00 AM, Binance will no longer support trading of the following spot trading pairs: ARPA/BNB, COMP/TUSD, EDU/BNB, EDU/TUSD, and PENDLE/TUSD. Delisting these…

Authorities in China are urged to improve the infrastructure surrounding blockchain technology to match the pace of digitization. Dong Jin, a high-ranking National People’s Congress (NPC) member, called on the Chinese government to throw its weight behind blockchain development, eyeing several benefits for the local economy. Jin’s comments came during China’s Two Sessions event, an annual plenary session of the ruling party with the nation’s political elite and industry leaders in attendance. The discussions at the Two Sessions event include areas of economics, security, and geopolitics, as well as emerging technologies. Jin’s proposal revolves around developing a national blockchain network…

PALO ALTO, CA — Ambrus Studio, a prominent game development studio, has revealed its upcoming series of games powered by Sui, a layer 1 blockchain and smart contract platform.— Through a partnership with Mysten Labs, Sui’s original contributor, Ambrus Studio will enhance its user experience by leveraging Sui’s unique gaming functionalities, integrating Web3 elements into both E4C game titles, Fallen Arena, and Final Salvation. The PC game E4C: Fallen Arena launches today and is accessible to play on Ambrus Studio’s website.E4C: Fallen Arena, the PC prequel to the multiplayer online battle arena game E4C: Final Salvation, a mobile game, shares…

Bitcoin’s (BTC) all-time high of $69,325 has not been hedged for inflation — a dint in the idea that this “digital gold” is a successful store-of-value. When measuring inflation, bitcoin, despite its notable rally in recent months, is still technically worth less than it was at its previous high in November 2021. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. According to the U.S. inflation calculator, the cost of a single BTC today — at around $67,000 at…

The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is on the horizon, promising to bring significant cost reductions and notable changes to Layer 2 (L2) networks. The update, scheduled for March 13, will introduce a new data storage system known as blobs, reducing congestion on the Ethereum network and driving key new features in various areas. Ethereum Dencun Upgrade As highlighted in a recent Bloomberg report, Dencun aims to reduce the cost of Layer 2 networks such as Arbitrum (ABR), Polygon (MATIC), and Coinbase’s Base by enabling previously costly transactions to become significantly cheaper. In particular, transactions that…

India has approved over Rs 10,300 crore ($1.24 billion) for the IndiaAI Mission, slated over the next five years. The financial infusion aims to boost the country’s artificial intelligence (AI) ecosystem, innovation, and entrepreneurship. The Union Cabinet, the country’s foremost decision-making body, stated that the allocation would benefit citizens and contribute to the expansion of the local economy. This outlay aims to ensure the implementation of the IndiaAI Mission through a public-private partnership model and is expected to facilitate access to funds for AI startups. The initiative is expected to boost India’s global leadership in AI and ensure ethical and…

In a significant gust of developments witnessed across the Shiba Inu ecosystem recently, Shytoshi Kusama, Shiba Inu’s lead developer, spotlighted the recent version of The Shib magazine released, drawing attention to crucial partnership details that aim to revolutionize Shiba Inu’s ecosystem. Following the announcement’s surfacing in the broader crypto market today, March 6, Shiba Inu, one of the most prominent Ethereum-based meme coins, promptly gained significant traction, as its token SHIB showcased remarkable gains over the past few days. THIS WAS A REALLY ENJOYABLE READ! Great work! WOOF! https://t.co/o8TOcnPCpd — Shytoshi Kusama™ (@ShytoshiKusama) March 5, 2024 Meanwhile, with the aforementioned…

Archax, the Financial Conduct Authority (FCA) regulated exchange, broker, and custodian for digital assets, has announced a strategic partnership with Talos, an institutional crypto trading platform. This collaboration aims to revolutionize institutional access to digital assets by combining Archax’s regulatory expertise with Talos’s market-leading capabilities. The partnership will enable Archax to leverage its FCA cryptoasset registration alongside Talos’s network of crypto liquidity providers and venues. This move is poised to strengthen Archax’s burgeoning over-the-counter (OTC) trading desk, enhancing liquidity and efficiency in navigating crypto markets. Anton Katz, the CEO, and Co-Founder of Talos, emphasized the importance of the partnership in…

Layer-1 solution Nibiru Chain has announced the launch of its public mainnet, boasting 40,000 transactions per second. Nibiru Chain, a layer-1 blockchain network that previously raised $12 million from a pool of investors like Kraken Ventures, has launched its public mainnet aiming at processing 40,000 transactions per second. According to a press release shared with crypto.news, the platform wants to grow the user base thanks to parallel optimistic execution which allows the platform to process multiple independent transactions simultaneously. “We recognize the barriers that have kept potential users at bay — from complex onboarding to opaque decision-making and a lack…

Peter Schiff, a gold bug who is widely known for his skeptical views on Bitcoin, has stirred the cryptocurrency community by actively promoting a unique set of Bitcoin NFTs known as Golden Triumph ordinals. This development has left many wondering if Schiff, a long-time critic of the digital currency, has changed his stance or is merely capitalizing on the burgeoning interest in non-fungible tokens (NFTs) on the Bitcoin blockchain. Schiff’s sudden embrace of Bitcoin ordinals At the core of this controversy lies the innovative concept of Bitcoin ordinals, a system that allows for the embedding of digital content onto individual…