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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.

PoP Planet announces plans to integrate Neo X

PoP Planet, a SocialFi communication dApp that allows users to curate communities and deploy digital assets, has announced plans to integrate Neo X. Based out of Japan, the PoP Planet team made the announcement about its collaboration with Neo on social media. About PoP Planet PoP Planet aims to incorporate blockchain to empower creators and key opinion leaders to monetize their influence and manage communities. When registering, users can create a profile with a phone number or a blockchain wallet. Each new profile created on PoP Planet is represented by a unique Profile NFT that enables the tokenization of content…

Blockchain

Yuga Labs directs royalties to bankrupt FTX US

Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) and other popular NFT collections, has been directing ‘royalties’ to a deposit address associated with FTX US, according to Blockchain Intelligence firm Arkham Intelligence. Arkham highlights the fact that Yuga Labs has sent over $250,000 worth of value over the last two months to 0xAAe7aC476b117bcCAfE2f05F582906be44bc8FF1, an address that Arkham, as well as blockchain intelligence firm Breadcrumbs, associated with FTX US. FTX US was plunged into bankruptcy in November 2022 due to its role in the crimes of Sam Bankman-Fried and his co-conspirators. Read more: ‘Boring’ Apes Come Home divides…

NFT

KPMG Survey Shows Germany Warming Up to Crypto Again

Investors in Germany are regaining optimism and confidence in crypto following a challenging period for the market last year. Still, some reservations persist. A recent KPMG study conducted with BTC-ECHO surveyed about 2,400 private crypto investors across Germany, Austria, and Switzerland. The findings reveal a notable surge in crypto interest, with about 54% of respondents allocating over 20% of their total assets to crypto investments. The resurgence in optimism comes as Bitcoin recently hit a record high above $72k. This was driven by spot Bitcoin ETFs’ success and anticipation surrounding the Bitcoin Halving. Also, Ripple CEO Brad Garlinghouse predicts that…

Markets

Neo and Tria announce partnership for Neo X

Neo is partnering with Tria, a “consumer-first” Layer 1 blockchain which aims to revolutionize user experience with network and native token abstractions. Originally called Threely, Tria’s primary goal is to simplify the blockchain experience for consumers. It was built to be EVM equivalent, using Polaris with Cosmos SDK. The Tria team aims to provide a highly abstracted and aggregated service, enabling users to manage a wallet with a single password, transact across different blockchains seamlessly, and access a wide range of Web3 applications without the need for navigating through complex processes. This approach not only enhances user convenience but also…

Blockchain

Bitcoin Has Undergone This Bearish Structure Change, Analyst Explains

An analyst has explained that the recent trend in the Bitcoin Coinbase Premium Gap suggests a significant change in the asset’s structure. Bitcoin Coinbase Premium Gap Has Continued To Be Negative In a new post on X, analyst Maartunn discussed how the Bitcoin Coinbase Premium Gap is still negative. The “Coinbase Premium Gap” here refers to a metric that tracks the difference between the Bitcoin prices listed on cryptocurrency exchanges Coinbase (USD pair) and Binance (USDT pair). This indicator’s value provides hints about how the behavior of the former’s userbase currently differs from that of the latter platform. Below is…

Bitcoin

Pompliano unveils new venture to help blockchain developers and token holders

Anthony Pompliano teams up with ex-TechCrunch reporter to launch a new startup aimed at “helping blockchains better communicate with their developers.” American entrepreneur Anthony Pompliano announced a new venture in an X post on Apr. 9 aimed at addressing the communication gap between blockchain developers and token holders. Co-founded with former TechCrunch reporter Jacquelyn Melinek, the so-called Token Relations project aims to improve communications between blockchain developers and partners, token holders, Pompliano said. Today we are announcing a new company. For years, blockchains have focused on (1) marketing to new users and (2) communities with reporters via PR. These efforts…

Markets

VC investments in blockchain games plunged by 57% in Q1, data shows

The blockchain gaming sector faced a rough start of the year, as venture capital deals dropped by nearly 60%, totaling $288 million, signaling caution among investors. Developers in the blockchain gaming industry are facing a mix of caution and optimism, as indicated by a decrease in venture capital deals compared to previous quarters. According to data gathered by DappRadar, the sector secured $288 million in funding in Q1, marking a 57% decrease compared to Q4 2023. “The focus of these investments has largely been on web3 games and infrastructure. This surely highlights a period of foundational building aimed at enriching…

GameFi

Sky Mavis Unveils Trusted Domain System to Boost Web3 Security

Sky Mavis, the team that designed the Ronin Network, has announced the creation of the Sky Mavis Trusted Domain System. It is a revolutionary security feature that strengthens users against some of the many threats that exist in the Web3 environment. The system is made up of three separate shields such as the Mavis Badge, the Mavis Friends Badge, and the Unknown Badge, each providing a strong defense against the constantly evolving attack vectors. Introducing the Sky Mavis Trusted Domain System Three shields against bad actors on Ronin 🛡️ • The Mavis Badge • The Mavis Friends Badge • The…

Blockchain

iCan's metaverse journey Revolutionizing Taiwan's culture

In July 2022, iCan Entertainment, based in Taiwan, entered the Web3 space through its branch, iFA Capital, LTD., and its parent company. They wished to combine art, culture, and the newest technologies and launched into blockchain activities. They have their eyes set on designing special-edition NFTs and immersive metaverse experiences. Create your digital art with the AI art generator. By using their different web3 strategies, they are aiming to share Taiwanese culture across the world. iCan has been the first pioneer in the gaming segment and picked The Sandbox as its playground for multiple creative projects. One of numerous such…

Metaverse

Long-Term Bitcoin Holders Are Beginning To Sell, “Bull Market Has Definitely Begun” Pompliano Claims

Long-term holders of Bitcoin are starting to sell off their holdings of the cryptocurrency, signaling that the bull market has “definitely begun,” according to data released on Monday from investor and entrepreneur Anthony Pompliano. “This shouldn’t be a surprise — as the price of Bitcoin rises, some percentage of holders are willing to sell their assets to take profit off the table,” Pompliano wrote. BTC Sell-Off Signals A Bull Market Kick-Off, Pompliano Alleges “A small percentage of bitcoin (< 5%) that was previously dormant is now on the move,” he added. “The 60% year-to-date increase in price, and the 140%…

Bitcoin