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Author: 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.

Charles Hoskinson Reacts to Grayscale Removing ADA from GDLC

In response to Grayscale Investments’ announcement regarding adjustments to its cryptocurrency portfolios, Charles Hoskinson, the founder of Cardano, shared his opinion on the decision to remove Cardano (ADA) from the Grayscale® Digital Large Cap Fund (GDLC). Wall Street give; Wall Street take https://t.co/dkyrhHW4WS — Charles Hoskinson (@IOHK_Charles) April 5, 2024 Grayscale, the world’s largest crypto asset manager, conducted a comprehensive review in accordance with the CoinDesk Large Cap Select Index methodology, leading to the rebalancing of GDLC and the removal of ADA. Hoskinson’s reaction, “Wall Street give; Wall Street take,” puts lights on the uncertain nature of investment strategies and…

Altcoins

Iskra Gears Up for Global Expansion with Strategic Investment from Animoca Brands

Iskra, a pioneering force in the realm of Web3 gaming platforms, has achieved a significant milestone by securing a strategic investment from Animoca Brands. This strategic collaboration marks a pivotal moment for Iskra, as it gears up for further global expansion and market penetration. Founded in 2022 and backed by a consortium of prominent technology and gaming companies in South Korea, Iskra had previously raised an impressive $40 million. The infusion of capital from Animoca Brands further fortified Iskra’s position in the burgeoning Web3 gaming landscape, signaling a new phase of growth and innovation. Great news, explorers — Iskra has…

GameFi

Crypto Exchange Listing and Delisting Announcements: April 22, 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: GROK X (GROKXAI) SpectraChain (SPCT) Sidus Heroes (SENATE) Sedra Coin (SDR) LuluOasis (LULU) Gobli (GOBLI) dogwifsaudihat (WIFSA) Streamlining AI (SMAI) Colle AI (COLLE) Kinka Gold (XNK) Sharky (SHARK) Gentle Titan (GENTLETITA) Mars Battle (SHOOT) CeDeFiAi (CDFI) Tradeleaf (TLF) Gaming Stars (GAMES) KAARIGAR Connect (KARCON) Eagle Network (EGON) Nuklai (NAI) World Bank (WORLD) Airbot (AIBOT) OrdinalsBot (TRIO)…

Exchanges

Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Mining

Power theft in the Sarawak state of Malaysia for crypto mining has been a growing problem for past several years. Recently, three covert crypto mining operations, suspected of electricity thefts, were uncovered in shophouses and residential homes in Miri region. Representatives from the Sarawak police and Sarawak Energy plant revealed estimated monthly losses of 30,000 Ringgit ($6,276) for the utility company, for stealing electricity to power Bitcoin mining operations. Per a recent release, the investigation team has seized over 70 cryptocurrency mining servers and other devices found on site. Further, they discovered that some crypto mining operators directly tapped electricity…

Mining

Ether.fi Joins Forces with SSV Network

Ether.fi has announced a collaboration with SSV Network, introducing an advanced layer of security and reliability into its restaking operations. This alliance is designed to enhance Ethereum node management’s decentralization and resilience significantly. Ether.fi’s rapid adoption of Distributed Validation Technology (DVT) reflects its commitment to leading the restaking sector toward higher safety and decentralized operations. With the integration of SSV Network’s capabilities, Ether.fi is set to redefine resilience within the decentralized node ecosystem. Thrilled to announce that @ether_fi has integrated SSV for its staking operations! Learn how SSV, together with @P2Pvalidator, provide robust infrastructure to Etherfi to enable resilient and…

Blockchain

VanEck Spot Bitcoin ETF Sees Record $119M Inflow After Fee Cut to 0%

Asset manager VanEck's spot bitcoin (BTC) exchange-traded fund (ETF) saw record daily inflows on Monday after cutting management fees to 0% for a year to make it more attractive. The VanEck Bitcoin Trust (HODL) attracted $119 million in fresh funds during the day, adding over 1,600 bitcoin, the most by a wide margin since its launch in January, data compiled by BitMEX Research shows. VanEck lowered the management fee from 0.2% until March 31, 2025, unless it reaches $1.5 billion in assets under management, making it more attractive in a fierce competition between the newly listed bitcoin ETFs. With Monday's…

Bitcoin

Cardano Founder Thinks There Is a Make-Believe Agenda in the Crypto Space

Cardano founder Charles Hoskinson believes a make-believe agenda is ongoing in the crypto industry. In a recently uploaded video, Hoskinson argued that some characters in the crypto space create decoy activities to promote some selected projects. According to him, those characters do so while pretending the activities reflect the situation in the crypto industry. Crypto Kayfabe https://t.co/KANFSS0WjT — Charles Hoskinson (@IOHK_Charles) April 4, 2024 Hoskinson cited the exclusion of entrepreneurs in the Cardano ecosystem in a recent poll, claiming that the intent was to create momentum for particular people and projects. He considered the poll and other similar activities “Kayfabe.”…

Altcoins

Bitcoin Exchange Binance Listed 5 New Altcoin Parities, One of which is TRY Parity!

Binance, one of the world's leading cryptocurrency exchanges, continues to improve trading opportunities on the Binance Spot platform, aiming to offer an enriched trading experience to its users. Binance introduced new trading pairs and trading bots services with an announcement today. Binance Introduces New Trading Pairs and Trading Bots Services on Binance Spot Binance will open trading for the following new trading pairs starting at 17:00 on April 24, 2024: ICP/USDC OMNI/USDC ONT/USDC PEPE/BRL YGG/TRY These new trading pairs aim to expand the list of trading options available on the Binance Spot platform and allow users to access a wider…

Exchanges

Here's How Much It Costs to Mine 1 Bitcoin (BTC)

Mining Bitcoin costs money, and it's getting pricier for miners considering the most recent reward halving. CoinShares tells us it's about $53,000 to mine one Bitcoin these days, and that's an average that large mining companies spend on one BTC. For those who don't know, halving means miners get half the Bitcoin they used to get for decoding blocks that contain data about the Bitcoin network. Because they'll be getting less Bitcoin, what it costs to run their mining machines, mostly the electricity, could feel like it's doubled. And there's more: experts think the total power of Bitcoin mining might…

Mining

Neura AI Blockchain Unveils ‘Road To Mainnet’ Program Alongside Public Testnet Release

Neura, the innovative layer 1 blockchain by Ankr, has officially launched its public testnet. This release opens doors for developers keen on pioneering groundbreaking decentralized applications (dApps) that amalgamate AI and blockchain technologies. Neura aims to revolutionize the AI startup landscape by addressing pivotal challenges such as funding, GPU resource acquisition, and efficient data storage through its state-of-the-art cloud computing, AI, and Web3 solutions. A flagship initiative under the ‘Road To Mainnet’ program is the AI Innovators Competition. This developer-centric contest encourages builders to harness Neura’s unique attributes as a dual-purpose blockchain and AI launchpad. The competition is geared towards…

Blockchain