Author: NBTC

HYTOPIA, previously known as NFT Worlds, has unveied its HYCHAIN node sale. This sale, marking the launch of their Layer-2 blockchain, invites the global gaming community to actively engage in securing and enhancing the game’s blockchain while earning rewards.—HYTOPIA’s vision of revolutionizing the Minecraft experience through blockchain technology has gained significant traction. The free-to-play model, coupled with an immersive in-game marketplace, has attracted over 1.1 million players worldwide. Unlike traditional gaming platforms, HYTOPIA leverages Web3 functionalities to introduce player-driven economies and real ownership of in-game assets, elevating the gaming experience to new heights.Powered by Arbitrum Anytrust Layer-2 technology, HYCHAIN ensures…

Nigerian blockchain lobby group has said the government’s decision to block access to crypto trading like Binance, Kraken and Coinbase will not “help Nigeria build the much-needed trust and confidence in the financial system.” The advocacy group also said the Nigerian Communications Commission’s directive to telecommunication companies may not be consistent with the “norms of a democratic society.” Nigerian Government’s Actions Could Push Crypto Activities Underground The Nigerian government’s decision to block access to cryptocurrency trading platforms, including Binance, Kraken, and Coinbase, will not “help Nigeria build the much-needed trust and confidence in the financial system,” a blockchain advocacy group…

Injective, in collaboration with DojoSwap, is proud to announce the launch of the groundbreaking CW20-reflection standard, marking a significant milestone in the evolution of token development. The innovative standard introduces unprecedented flexibility for developers, paving the way for a diverse range of applications within the Injective ecosystem and beyond. The CW20-reflection standard is a testament to Injective’s commitment to innovation, offering a new toolkit for creating tokens that can engage users in novel ways and foster a more vibrant DeFi landscape. Revolutionizing token creation with CW20-Reflection The CW20-reflection standard is designed to enable the creation of new token types that…

Japan’s Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based crypto startup Penguin. In a press release Monday, Daiwa cited a growing trend of affluent individuals and institutional investors investing more in the crypto market. The Japanese financial services firm said Penguin Securities is currently seeking regulatory approval for dealing in crypto and offering broker-dealing services related to capital market products. Meanwhile, another subsidiary of Penguin intends to specialize in providing crypto derivatives. Daiwa to Bolsters Penguin’s Crypto Exchange Ambitions Through the partnership, Daiwa will offer Penguin its expertise in high-net-worth businesses and financial support. In return,…

TeraWulf Inc., a prominent player in environmentally sustainable Bitcoin mining, is poised to undergo a significant expansion at its Nautilus facility in Pennsylvania. This expansion reflects the company’s strategic vision and growth trajectory within the industry. TeraWulf Inc. announced its ambitious plans to bolster operations at the Nautilus facility and double its bitcoin mining capacity to 100 megawatts (MW) by 2025. This expansion endeavor, slated to be operational by 2025, is expected to elevate the facility’s capability to handle up to 2.5 exahashes per second (EH/s) of mining capacity. This decision underscores it unwavering dedication to scaling its operations while…

In a significant development for the blockchain industry, Nansen, a leading blockchain analytics provider, has announced a partnership with Mantle Network, an innovative Layer-2 technology built on Ethereum. This collaboration is set to revolutionize the way developers, investors, and community members understand and interact with blockchain data through the introduction of a Macro Data Dashboard and enhanced integration of blockchain insights across various platforms. The newly unveiled Macro Data Dashboard is a testament to the capabilities of both Nansen and Mantle Network, offering users an extensive overview of blockchain market dynamics and operations. By leveraging more than 300 million on-chain…

Binance has successfully gone through a technical glitch that interrupted its crypto withdrawal services for a short period. The issue, which caused worry to a huge number of its users, has been solved, and the exchange has confirmed that withdrawals are now operating normally. Swift Action to Rectify Withdrawal Hurdles Binance faced a technical glitch that caused it to disrupt its cryptos withdrawal services, prompting users to have some moments of confusion and discomfort. The glitch was detected, which resulted in the technical team of the exchange responding swiftly to amend the problem and continue to operate normally. Fiat withdrawals…

When Minecraft announced that it would ban NFTs from one of the world’s biggest games in 2022, one blockchain project in particular took the hardest hit: NFT Worlds. Two years later, the rebranded Hytopia is now aiming to make a big splash on its own—and maybe take some of the shine off of the Web2 gaming smash. With a customized Minecraft server as its home world, NFT Worlds had minted and sold scarce chunks of in-game land as NFTs on Ethereum scaling network Polygon. They’d sold for as much as tens of thousands of dollars’ worth of ETH on secondary…

Pro XRP lawyer John Deaton has started a donation drive for his Senate race against Elizabeth Warren. Deaton’s fund-gathering drive will be accepting donations in cryptocurrencies according to a post on social media platform X. Overall Deaton has received massive support from the crypto community with people like Anthony Scaramucci also being vocally in favor of Deaton. Deaton Urges Support from Followers In a post on social media platform X, XRP supporter John Deaton posted “Our campaign is now accepting donations made in cryptocurrency. I hope you will chip in and support our efforts to retire Elizabeth Warren.” Following John…

Uniswap’s UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting. The initiative, if approved, could pay out between $62 million and $156 million to UNI owners in annual dividends, one observer estimated. Uniswap’s reward scheme could inspire other Defi protocols, but may attract regulatory scrutiny. Decentralized exchange Uniswap’s governance token (UNI) defied the broader crypto correction and surged to a new 26-month high price on Wednesday as the proposal to reward token holders from protocol revenues was inching closer to become a reality. A so-called “temperature…