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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.

Injective (INJ) teams up with Jambo to boost Web3 & DeFi adoption in Africa, LATAM

Injective (INJ) attracted investor interest on Thursday following the blockchain’s groundbreaking partnership with Jambo – a web3 mobile service provider. Announcing a strategic partnership between Injective x Jambo 🦁🥷 Injective's ecosystem of DeFi products combined with the Jambo ecosystem will turbocharge financial access around the world Big things coming 🤫 pic.twitter.com/iiAgmM4ajB — Jambo (@JamboTechnology) April 18, 2024 Injective confirmed that the collaboration aims to offer decentralized finance (DeFi) and Web3-based technologies to boost economics in Latin America, Southeast Asia, and Africa. Injective joining forces with Jambo The partnership between Injective and Jambo aims to launch blockchain-centered financial solutions in emerging…

DeFi

UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility

The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according to a report published Monday. The Dubai Multi Commodities Centre’s (DMCC) report explored the market potential and opportunities associated with Web3 applications. These applications leverage blockchain to create decentralized digital infrastructure, including cryptocurrencies, Decentralized Finance (DeFi), and the metaverse. Metaverse and DeFi Markets Poised for Expansion According to the centre, the metaverse market is expected to hit $3.4t by 2027. This growth was attributed to the potential development of robust use cases and the rapid advancements…

Markets

NEAR Foundation’s New $4 Million Venture to Fortify Blockchain Infrastructure

Enhancing Blockchain Backbone: NEAR’s Strategic Committee Initiative The NEAR Foundation is making waves in the blockchain world with the launch of its Infrastructure Committee, a decisive move fortified with a $4 million funding commitment aimed at reinforcing the critical infrastructure of NEAR’s rapidly growing blockchain. This proactive step underscores NEAR’s commitment to ensuring a robust and efficient platform capable of accommodating the burgeoning demand from developers and project founders. Investing in Core Blockchain Systems The term “Key Infrastructure” encompasses a broad array of essential services and systems integral to blockchain operations. This includes, but is not limited to, RPC nodes,…

Altcoins

Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption

Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research at FalconX – an institutional crypto brokerage – told Cryptonews that increasing institutional interest for digital assets has become evident based on recent data. “Since mid-last year, when Blackrock filed for a spot Bitcoin ETF and the approval began to seem like a genuine possibility, the conversation around institutional interest started to shift,” said Lawant. “With…

Bitcoin

Composable Foundation Announces Uniswap V4 Hooks’ Integration into Mantis

Composable Finance, a DeFi platform, has recently announced its plans for Uniswap V4 hooks’ integration into the Mantis. The firm disclosed that it plans to integrate the above-mentioned hooks into the intent settlement agenda of Mantis while leveraging Uniswap pools’ functionality, security, and liquidity. In addition to this, it focuses on optimizing intent settlement to enable MEV and consumer welfare extraction. 📚 New Research RFP: "Integrating Uniswap V4 Hooks into MANTIS" 👇 Full Details Below 👇 ℹ️ Introduction: The Composable Foundation is seeking to integrate Uniswap V4 hooks into the MANTIS intent settlement framework. This will leverage the liquidity, security,…

DeFi

OKX Ventures Invests in Privasea to Revolutionize Data Infrastructure with DePIN and AI Technology

OKX Ventures has strategically invested in Privasea, a DePIN and AI technology-driven data infrastructure platform, to address the rising need for high-quality data. The unique technology solution from Privasea facilitated by its DePIN approach helps ensure that data privacy and security are maintained while the AI is used for computation. We are delighted to announce the strategic partnership with @Privasea_ai , a #Data Infrastructure Platform Powered by #DePIN and #AI Technology.https://t.co/5wRO13HhZr pic.twitter.com/UXAAy2CbXa — OKX Ventures (@OKX_Ventures) April 16, 2024 Privasea’s Encrypted Data Exchange Ensures Total Privacy The revolutionary Fully Homomorphic Encryption technology gives Privasea a distinct edge over competitors due…

Markets

Bitcoin Runes Meme Coin ‘Dog’ Will be Airdropped to Runestone Holders

Following a successful airdrop in March, the Runestone project is gearing up for its next airdrop, which will feature a cuddly puppy. Bitcoin wallets that were airdropped Runestones will receive three meme coins starting with the Dog airdrop later this month—if they still hold those Runestone inscriptions when it happens. YOU ARE NOT READY FOR THE CUTENESS THAT YOU ARE ABOUT TO GET AIRDROPPED IF YOU HOLD A RUNESTONE pic.twitter.com/uKSEWzUhn6 — Leonidas (@LeonidasNFT) April 8, 2024 “The central bank is collapsing, and fiat hyperinflation narrative only resonates with a small segment of the population, but everyone likes a cute puppy…

Altcoins

Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools

A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable concentration of custodianship among the same pools. Analysis Reveals Shared Mining Practices Among Top Bitcoin Pools 0xB10C’s latest analysis on the social media platform X reveals that mining pools such as Btc.com, Binance Pool, and Poolin share the same mining template and custom transaction prioritization as Antpool. This uniformity could suggest a deeper collaboration or standardization in mining operations across…

Mining

Analyst Does a Deep Dive Into Bitcoin’s Dominance, Sees ‘Golden’ Opportunity for Altcoins To Flourish

A widely followed crypto analyst is diving into Bitcoin’s (BTC) latest rally and what it could mean for the altcoin markets. Crypto trader Michaël van de Poppe tells his 702,100 followers on the social media platform X that BTC’s pre-halving rally is right on schedule. “Bitcoin dominance continues the rally. To date, the pre-halving rally is still rock solid. The question is, are we going to peak pre-halving? If so, it would be the signal for Altcoins to flourish. What do we want to see? We’d like to see them bounce in their BTC pairs.” The BTC halving refers to…

Bitcoin

Ethereum (ETH) Based Cryptocurrency Platform Received Million Dollar Investment from Coinbase and Kraken!

While the popularity of cryptocurrencies is increasing day by day, many projects and platforms continue to collect million-dollar funds. In this context, the Ethereum (ETH)-based liquid repurchase protocol Puffer Finance raised $18 million in the Series A financing round and reached a valuation of $200 million. Prominent names such as Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca and GSR participated in the investment round co-led by Brevan Howard Digital and Electric Capital. It was stated that in addition to corporate companies, names such as Polygon co-founder Sandeep Nailwal, Wormhole co-founder Anthony Ramirez, AltLayer co-founder…

Markets