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.

Wormhole’s $W Token Launches on Nexo: Transforming Blockchain Interactions Forever

Nexo, a prominent player in the cryptocurrency space, has announced the launch of Wormhole’s native token, $W, on its platform. This integration marks a significant step forward in bridging the operational divides that exist between various blockchain networks. Wormhole itself is designed to facilitate not only the transfer of tokens but also to enable secure, decentralized messaging across different blockchain platforms. This capability is vital for maintaining real-time communication within the Web3 ecosystem, thereby enhancing the overall privacy and security of user data. .@wormhole's $W is live on Nexo! Let's explore. ⬇️ Wormhole is dedicated to bridging gaps between diverse…

ExchangesApr 27

Magic Partners with Tezos Foundation to Simplify dApp Onboarding

The open-sourced decentralized blockchain platform Tezos Foundation has partnered with Magic to enhance the onboarding process for decentralized applications (dApps). According to a press release shared with Cryptonews.com, the partnership will leverage Magic’s wallet solutions and Tezos’ blockchain to streamline the user experience, focusing on simplifying processes for web3 applications. "For the past 12 months, Tezos has consistently been a top 10 chain in Magic’s ecosystem." – @magic_labs Because of this organic growth, Magic is now deepening integration on #Tezos. Learn more about how they're featuring it as a top blockchain of choice for developers:… pic.twitter.com/jFbh1Rjwm7 — Tezos (@tezos) April…

BlockchainApr 27

Claude Opus AI predicts Bitcoin price for the end of 2024

Anthropic recently unveiled Claude 3 Opus, its new artificial intelligence (AI) model deemed a superior tool to OpenAi’s ChatGPT-4. Meanwhile, Bitcoin (BTC) investors eagerly seek insights on the leading cryptocurrency price for the end of 2024. In this context, Finbold accessed Claude 3 Opus and prompted the premium AI to predict Bitcoin’s price by the end of the year. For the prompt, we asked Claude the most likely range, maximum, and minimum exchange rates BTC will trade at in 2024. ChatGPT’s promising competitor forecasts a significantly bullish run for Bitcoin this year, facing positive fundamental analyses on supply and demand.…

BitcoinApr 27

EU Parliament Adopts AML Laws Regulating Bitcoin Based On Questionable Assumptions

The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will develop regulatory technical standards. Under the new laws, EU CASPs will need to perform customer due diligence on transactions originating from self-custodial wallets for transactions below 1000 EUR, and implement additional KYC measures for transactions above 1000 EUR. The laws further regulate the operation of no-KYC custodial software service providers…

RegulationApr 27

Stripe to bring back crypto payments in the next few months

Global payments company Stripe announced that it was going to start allowing crypto paymentson Thursday at the company’s Global Internet Economy conference. Speaking at the final keynote, titled the Future of Payments, Stripe’s president John Collison,said, “our history with crypto goes back a long time.” He cited the company’s now-defunct bitcoin support back in 2018 because it wasn’t being used. “We’re excited to announce that we’re bringing back crypto as a way to accept payments, but this time with a much better experience,” he announced. Due to the fact that crypto has more use cases and, as Collison’s presentation said,…

ExchangesApr 27

MomoAI Announces Integration with TON Ecosystem to Revolutionize Web3 Gaming

MomoAI, a Solana-based Web3 platform that offers social entertainment products, has recently announced a new integration. The platform has mentioned that it is integrating with The Open Network Ecosystem to bring innovation to the world of Web3 gaming. As per the company, this endeavor is very beneficial for it to fulfill its objectives as well as further progress. MomoAI Integrates with @ton_blockchain Ecosystem – Powering the Future of Web3 Gaming! 🌅The integration propels our vision to new heights; we'll unlock game-changing innovations and enhance user experience by tapping into TON's infrastructure. In just 2 months, #MomoAI has hit… pic.twitter.com/VyzpALgR6E —…

BlockchainApr 27

A Pattern of Consistent Liquidation Uncovered

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from 2010 isn’t a new activity for this particular whale, who has been consistently liquidating coins for several years. Tracing the Origins of a Bitcoin Mega Whale This past week saw a notable whale move of 1,000 BTC, aligning with the crypto asset breaking its highest price point for the first time since 2021. Just…

BitcoinApr 27

Xumm Team Votes to End XRP to XAH Burn2Mint Process

The Xaman (formerly Xumm) team, led by founder Wietse Wind, has voted to end the Burn2Mint (B2M) approach involving XRP and XAH, the native asset of the XRPL sidechain Xahau. As first spotlighted today by XRP community figure Eri, data confirms that Richard Holland, the CTO at the Xaman development team XRPL Labs, recently closed an amendment seeking to implement this change, merging the amendment to the Xahau code. 🚨 There’s been a rather big CHANGE for the #XRP ecosystem. Burn to mint : “B2M to zero” Code has been merged to the Xahau Network, for a next new version,…

AltcoinsApr 27

Custodia Bank Appeals Court Loss in Fed Membership Lawsuit

Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership. A federal judge ruled last month that the Kansas City Fed had the discretion to reject Custodia's bid for membership. Custodia, according to the court, had not provided sufficient evidence to back up accusations that the Fed's Board of Governors was illegally leaning on the Kansas City branch to reject the bank's bid for a master account. A master account would let Custodia directly access the Fed and not need…

RegulationApr 27

Cboe to End Crypto Exchange in Plans to Consolidate Futures

Cboe Global Markets plans to close its cryptocurrency exchange in the third quarter of 2024. Cash-settled Bitcoin and ether futures contracts will move from Cboe Digital Exchange to Cboe Futures Exchange in the first half of 2025. According to the press release, John Palmer, the President of Cboe Digital, will head US Derivatives Market Development. Cboe aims to consolidate all its US futures products onto one exchange to enhance efficiency for clients globally. By leveraging its global derivatives franchise, the options exchange aims to support exchange-traded digital asset derivatives markets. Fred Tomczyk, the Chief Executive Officer of Cboe Global Markets,…

ExchangesApr 27