Author: NBTC

The non-fungible token (NFT) sector is witnessing a strong bearish momentum as OpenSea falls to the fourth spot among leading marketplaces. According to data provided by CryptoSlam, global NFT sales plunged by 26% in the past 24 hours, and the trading volume is currently standing at $58.2 million. One of the main reasons behind the fall could be the investors’ focus shift to cryptocurrencies. The Ethereum network is still leading the chart with $23.5 million in NFT sales in 24 hours, followed by Bitcoin’s $20 million trading volume, per CryptoSlam. The Bitcoin-based digital collection NodeMonkes — released in December 2023…

All good things come at a cost—and in this case, skyrocketing prices across the crypto market have also triggered an equally steep rise in Ethereum gas fees. On Ethereum, massive levels of network traffic pushed gas fees beyond 174 gwei by midday Monday according to Etherscan, incurring significant costs for traders attempting to complete various types of transactions within the blockchain’s ecosystem. To give an indication of the severity of the gas fee uptick: The average charge to complete a typical NFT transaction on Ethereum eclipsed $372.29 at certain points on Monday. This means users, even if they were swapping…

Crypto asset manager 21Shares has surpassed $5 billion in Assets Under Management (AUM) amid market rebound. In a Tuesday press release, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs) said $3.17 billion is attributable to 21Shares AG, a subsidiary of 21.co. “Achieving 5 billion in AUM is a testament to the dedication and hard work of our team, whose tireless efforts have propelled us to this remarkable milestone,” Ophelia Snyder, co-founder and President of 21Shares, said. “We extend our deepest gratitude to every member of the 21Shares family for their unwavering commitment to excellence.” 21Shares Sees Rapid Growth 21Shares…

During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a publicly-listed mining company, mined the most sizable block by byte size ever recorded. The significant block, numbered 832,849, measured 3.99 MB, based on onchain data. Unlike the usual block, which typically contains more than 2,400 transactions, this one comprised only seven transactions. It was tied…

Ankr, a provider of blockchain infrastructure and solutions, has announced a significant enhancement to its RPC service with the integration of the Bitcoin blockchain. This development marks a crucial milestone for developers seeking to build applications with seamless interaction capabilities on the original blockchain. While may not be the first blockchain, it holds the distinction of being the pioneering cryptocurrency that laid the foundation for the widespread adoption of blockchain technology. Ankr is committed to fostering development on the Bitcoin network by offering a range of resources and solutions. Features To Expect In collaboration with the Babylon protocol, Ankr aims…

Binance, one of the world’s leading cryptocurrency exchanges, announced the removal of several spot trading pairs in order to protect users and ensure the integrity of the trading market. Binance Announces Removal of These Spot Trading Pairs Starting March 8, 2024 The decision was taken as a result of routine reviews conducted by the exchange, which took into account various factors, including liquidity and trading volume. Binance will cease trading of the following spot trading pairs effective March 8, 2024 at 06:00: AERGO/BTC, ALGO/BNB, CTSI/BNB, FARM/BTC, FUN/ETH and XLM/BNB. Delisting these spot trading pairs does not affect the availability of…

Airdrop season is in full swing, with apps, protocols, and other projects seizing upon signs of an impending bear market to finally drop their tokens—and potentially reward millions of crypto users in the process. What exactly is an airdrop, though? When it comes to crypto tokens, an airdrop is typically a way for a project to reward its early users and contributors by giving them a share of a newly launched token, all while spreading the tokens far and wide for decentralized governance. When it comes to blockchain networks and tokens primed specifically for gaming, there are some pretty compelling…

Japanese police officers have arrested a teenage high schooler on suspicions of operating an illegal Litecoin (LTC) exchange. Per Manichi Press, Tokyo Metropolitan Police Department’s Cyber Crime Control Division charged a male aged 18 with violating the Payment Services Act on March 4. Litecoin prices over the past seven days. (Source: TradingView) Japanese Police Suspect Other Teenagers May Be Operating Crypto Exchanges Officers said the unnamed teenager is a third-year high school student who lives in Miyakonojo, a city in Miyazaki Prefecture. The teenager, police said, earned around $20,000 in fees from trades conducted on his platform. Police said they…

The University of Arkansas at Little Rock has recently declared integration of the Reusable Digital ID forum of Dock. As per the announcement, the company is using “Certs” via the Emerging Threat Information Sharing and Analysis Center of the US Department of Energy. This collaboration will potentially empower several DeFi entities to secretly report cybersecurity threats. 🚨 ANNOUNCEMENTThe University of Arkansas at Little Rock @UALR has announced the integration of Dock’s Reusable Digital ID platform, Certs, through the US Department of @ENERGY’s Emerging Threat Information Sharing and Analysis Center (ET-ISAC).This partnership will empower… pic.twitter.com/9m2kTIlTQc — Dock (@docknetwork) March 6, 2024…

During its recent ‘Apes Come Home’ event, Yuga Labs offered a closer look at progress made on its ‘gamified, interoperable metaverse’ Otherside. Specifically, the event offered holders of Yuga Labs NFTs the opportunity to join up with other community members in a shared browser-based game. Predictably, different holders had different reactions to this event, with X user ‘ThePilot.x’ claiming that “every single part of the Apes Come Home experience was SO much better than I was expecting” and further highlighting that both of his children also enjoyed the experience. Less impressed was Rug Radio creator ‘Orangie’ who shared a video…