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.

UK Parliament Member Lisa Cameron Pushes For Greater Digital Skills Training, Blockchain Technology Partnerships

UK Member of Parliament (MP) Lisa Cameron called for increased digital training regarding Web3, AI, and blockchain technology in a debate Tuesday, to increase the country’s “necessary talent pipeline” and bolster the UK crypto economy. During the debate, Cameron argued that the UK needs to “level up” if it wants to be a superpower across emerging digital technologies. MP Lisa Cameron Urges Blockchain Technology Initiatives “While the UK is well placed to harness the opportunities presented by the growth of the digital economy, considerable preparation and investment in education, training and skills will be needed to make the most of…

RegulationApr 18

The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving

The Lightning Network empowers small-scale Bitcoin miners with instant, low-cost payouts as the halving approaches. Momentum around Bitcoin (BTC) continues to build as the Halving Event quickly approaches, and the Lightning Network is playing an important role in supporting small-scale miners. Bitcoin miners, in particular, have been paying close attention to how this year’s halving may impact operations. For instance, as mining rewards decrease due to the halving, miner efficiency has become more important. As a result, large-scale miners have been seeking energy-efficient ways to carry out operations. The halving will also impact small-scale miners. Jesse Shrader, Co-Founder and CEO…

MiningApr 18

Layer-1 Performance: Comparing 6 Leading Blockchains

We provide a layer 1 blockchain performance comparison of 6 major blockchain platforms: Ethereum, Cardano, Solana, Avalanche, Algorand and Internet Computer. Before we begin with our comparison, it’s important to highlight that scaling on layer 1 is not the only way to improve the scalability of blockchains. Projects such as Ethereum and Cardano are focusing a lot of attention on scaling through layer 2 solutions that can handle a larger number of transactions while leveraging the security of the underlying layer 1. In this article, we kept comparisons limited to layer 1 performance, but it’s worth keeping in mind that…

BlockchainApr 18

Europe dominates crypto banking with 63 providers

Over 135 traditional financial institutions are providing crypto banking support as blockchain assets have recently experienced rapid adoption and mainstream press. According to a joint report from Finery Markets and Coincub, analysts noticed a sharp increase in rails between banks and digital assets, with more money houses tapping decentralized finance utility. The phenomenon was spotted in regions worldwide, but Europe dominated the sector. At the end of this year’s first quarter, more than 63 institutions across European markets offered crypto banking services. Europe has become a world leader in blockchain oversight by introducing its Markets in Crypto Assets Regulation (MiCA)…

MarketsApr 18

Ancient Ethereum Whale's 5,000 ETH Sell-off stirs market

According to on-chain analytics firm Lookonchain, an Ethereum whale who accumulated a substantial amount of ETH at the market bottom in September 2022 has made a notable deposit of 5,000 ETH to popular cryptocurrency exchange Kraken. Back in September 2022, when the Ethereum network transitioned to a proof-of-stake consensus, the whale took advantage of the opportunity to buy ETH at what was considered the market bottom. The timing seemed right as the price of Ethereum was nearly $1,567 per ETH, totaling a value of $151.42 million for the bulk purchase. According to Lookonchain, the ETH whale withdrew 96,638 ETH worth…

EthereumApr 18

Trading Volumes Are Unusually High

Upbit, South Korea's largest cryptocurrency exchange, reported unusual trading volumes in several altcoins. The altcoins in question include Decentraland (MANA), Chiliz (CHZ), Ardor (ARDR), STP (STPT) and Solar (SXP). Here are the details. On the 1-hour chart, Decentraland (MANA) showed a significant increase in trading volume. While the average 50 1-hour volume was $246,000, the last recorded volume was a staggering nearly $1.5 million. This represents a percentage change of 560.27%. On Binance, the change was more modest, with average volume increasing by 8.51%, from $559,000 to $607,000. Chiliz (CHZ) also experienced an increase in trading volume on the 4-hour…

AltcoinsApr 18

Ripple Lawsuit Might Make It to Supreme Court: Former SEC Litigator

Former Securities and Exchange Commission (SEC) litigator Linda Steward recently predicted that the Ripple case could go all the way to the Supreme Court in order to determine what makes a crypto asset a security, Fortune reports. Steward, who was recently debating some blockchain lawyers at a Columbia Business School event, said that the agency views the sales and offers of tokens as securities, but this does not apply to the underlying asset. As reported by U.Today, Garlinghouse previously said that he was ready to take the fight over XRP to the Supreme Court. "We are in it till the…

RegulationApr 18

Polyhedra Network teams up with Google Cloud to scale ZK proofs infrastructure for Web3

Polyhedra Network, the team behind the zero-knowledge (ZK) interoperability solution zkBridge, is teaming up with Google Cloud to expand adoption of ZK technologies across both Web3 and Web2. According to details the Polyhedra team shared in a press release, Google Cloud will help bring Polyhedra’s Proof Cloud to more users. Proof Cloud is a cloud-based service that allows developers to leverage zero-knowledge (zk) proofs at scale. Making ZK proofs accessible to more users The partnership is set to boost the ZK-as-a-service space, with Polyhedra users leveraging Google Cloud’s highly optimized infrastructure to get improved performance and reliability. Polyhedra eyes this…

BlockchainApr 18

Ripple President Spotlights Crypto Impact in Latin America

Ripple president Monica Long has cast a spotlight on the growing influence of cryptocurrency in Latin America, with Brazil rapidly emerging as a key crypto hub. Ripple's president highlighted Brazil's growing prominence on the crypto landscape, citing the country's TradFi engagement, proactive regulatory approach and growing developer community. One of the key drivers behind Brazil's rise as a crypto hub is the country's forward-thinking regulatory framework, which has provided clarity and legal certainty for crypto businesses operating within its borders. In recent years, Brazil has taken major steps to regulate and embrace cryptocurrencies, recognizing their potential to drive financial inclusion…

MarketsApr 18

Celsius Network Transfers $24.5 Million in Ethereum (ETH) to Coinbase: Details

Blockchain analytics firm Spot On Chain reported on X (formerly Twitter) that Celsius Network, the cryptocurrency lending platform, recently transferred 8,091 Ethereum (ETH) tokens worth approximately $24.5 million to Coinbase. This transaction, which took place at an average price of $3,022 per ETH, marks the largest Ethereum deposit made by Celsius Network in the last three months. Spot On Chain also highlighted earlier transactions by Celsius Network. From Nov. 13, 2023, to Jan. 31, 2024, the company moved a staggering 847,626 ETH, equivalent to around $1.90 billion, to various centralized exchanges. These transfers were reportedly conducted for over-the-counter (OTC) deals.…

EthereumApr 18