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.

Dogecoin Becomes 2nd Largest Traded on Korea's Top Exchange After Bitcoin

In a significant development for the cryptocurrency market, Dogecoin has emerged as the second-most-traded digital asset on South Korea's largest crypto exchange, Upbit, trailing only behind the Bitcoin behemoth. Korea has long been known as a hotbed for cryptocurrency trading and innovation, with a vibrant community of investors and enthusiasts driving market activity. With its fervent support for digital assets, Korea's cryptocurrency market serves as a barometer for trends and shifts in global trading sentiment. The rise of Dogecoin to the second position in trading volume on Korea's top exchange might suggest its popularity and widespread appeal. Dogecoin's journey from…

AltcoinsApr 20

Worldcoin Rejects Buenos Aires' Claims Regarding Abusive User Contract Clauses

Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’ requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved. Worldcoin Denies Wrongdoing in Buenos Aires, Might Face Local Probe Worldcoin is fighting back against the accusations of alleged wrongdoing Buenos Aires presented this week. The province affirms that Worldcoin violates customer protection regulations by forcing users to approve “abusive” contract clauses. These clauses called…

RegulationApr 20

Alchemy Pay Boosts User Engagement via Strategic Alliance with Carbon Browser

Alchemy Pay has announced a significant expansion through a new strategic partnership with Carbon Browser. Carbon Browser, recognized for being the quickest Web3.0 browser, has accrued over 7 million downloads and maintains a daily active user base of more than 60,000. This collaboration is expected to substantially increase Alchemy Pay’s visibility and user interaction. Excited to join forces with @trycarbonio, the fastest Web3.0 browser with 7M+ downloads and 60k+ daily active users! This partnership lists #AlchemyPay on Carbon Browser's dApp page and store for increased visibility. $ACH is now on its @ldxfi / https://t.co/Raj5HMVW8K swap and… pic.twitter.com/0ci6yGCs2w — Alchemy Pay|$ACH:…

BlockchainApr 20

Based Shiba Inu (BSHIB) Trader Records 53,576% Gain from $272 Investment

Crypto surveillance resource “The Data Nerd” has uncovered an investor who made a staggering 537-fold return on investment from Based Shiba Inu (BSHIB), a fast-growing meme coin on the Base network. Per the disclosure, the investor with wallet “0xeC9” began the journey 25 days ago, flipping a mere $272 to over $146,000. At the time, the trader leveraged 0.07 ETH tokens valued at $272 to acquire 186 million BSHIB. ROI – x537 from trading Meme in #Base 25 days ago, a smart money 0xeC9 just used 0.07 $ETH (~$272) to swap for 186M $BSHIB. 4 days later, he started selling…

AltcoinsApr 20

Cosmos Ecosystem Expanded Reach for USDY

Noble_xyz, a specialized blockchain platform, is set to expand the presence of the digital currency USDY within the Cosmos and IBCProtocol ecosystems. Noble will facilitate this integration as the platform responsible for on-chain asset issuance. However, officials emphasize that USDY is not intended for marketing, sale, or distribution within the United States or to U.S. persons. Additionally, USDY has not undergone registration under the U.S. Securities Act of 1933. ⚠️ Important: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY also has not been registered under the US…

BlockchainApr 20

Solana developers rally to combat network congestion

The Solana network’s transaction speed is limited right now because too many unnecessary transactions are taking place. The Solana developers are trying to remove this bottleneck through software upgrades and improvements. In the last month, the Solana network has been struggling with slowdowns, which have led to transactions taking ages and many of them not getting processed. The Phantom wallet app, among other Solana-based applications, has already notified its users about the congestion problem, and they should keep that in mind when processing transactions that might take longer to complete. The network works poorly because spam transactions come first, where…

AltcoinsApr 20

Vertex Integrates Chainlink Data Streams for Lightning-Fast DEX Experience

Vertex, a top decentralized exchange operating on the busy Arbitrum network, has taken a big step towards optimal operations and improved user experience by integrating Chainlink Data Streams on its mainnet. This release indicates an important milestone for Vertex as it moves swiftly to benefit from Chainlink’s pull-based oracles that set the industry benchmark and transform its trading platform. Thrilled to announce that we have integrated @chainlink’s low-latency data streams on mainnet! Data Streams will provide high-fidelity, sub-second market data across the DEX, securing robust performance with Chainlink’s battle-tested infra. Learn more 👇https://t.co/CB4nk68bcS — Vertex 🏔 (@vertex_protocol) April 18, 2024…

BlockchainApr 20

Ethena’s USDe Bitcoin collateral exceeds $500 million in a week

Bitcoin collateral for Ethena’s USDe synthetic dollar has exceeded $500 million less than a week after its introduction. The platform’s website data showed approximately $537 million in Bitcoin reserves across various exchanges such as Binance, OKX, and Deribit. The amount represents roughly 26% of its total asset reserve. The other reserve assets include $714 million in Ethereum, $353 million in liquid-staked Ethereum, and $365 million in Tether’s USDT. Seraphim Czecker, Ethena’s head of growth, said the substantial Bitcoin reserve was evidence that the platform is ready for the impending halving event. The halving is expected on roughly April 20 and…

AltcoinsApr 20

Tencent Cloud Partners with MultiversX to Simplify Web3 Development

Tencent Cloud has introduced a new blockchain infrastructure solution aimed at easing the transition for developers into the Web3 space, in collaboration with MultiversX. This initiative is part of a broader effort by both tech giants to enhance the development of blockchain-based gaming. Their collaborative efforts include the provision of startup grants and support for ecosystem hackathons, fostering a robust environment for innovation. 2/ Learn more about the newly released 1-click node service and how @tencentcloud helps ecosystem developers take a shortcut to market and utility 👇https://t.co/9UUaQlKgnV pic.twitter.com/fsjBHuRZtp — MultiversX (@MultiversX) April 18, 2024 The latest development from Tencent Cloud…

BlockchainApr 20

dYdX Chain resumes block production after 9.5 hour halt

DYdX Chain, the blockchain built to house the perpetual futures exchange dYdX, experienced a “major outage” beginning early Monday morning. DYdX said the chain halt was caused by a scheduled v4 upgrade to the chain. After nearly nine hours of downtime, dYdX released a fix for the software bug, and enough validators got on board that dYdX resumed block production midday Monday. All-told, the outage lasted nine hours and 32 minutes, according to dYdX’s status page. DYdX said the fix is not a state-breaking change, meaning that the software’s compatibility with earlier versions of the blockchain will be preserved. DYdX’s…

AltcoinsApr 20