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.

Swell Collaborates with Chainlink for Enhanced DeFi Transparency

Swell, a leading player in the DeFi space, has revealed a collaboration with Chainlink. It aims at improving transparency and reliability in liquid staking and restaking. Swell’s new integration is referred to as Chainlink Proof of Reserve on Ethereum. It is a major step in the right direction for Swell. Swell’s latest Chainlink-integrated feed aims to provide more on-chain visibility to its users concerning the reserves backing rswETH, a Liquid Restaking token by Swell. .@swellnetworkio has integrated #Chainlink Proof of Reserve to help monitor reserves for its liquid restaking token rswETH. Additionally, Chainlink CCIP will support Swell Chain—the upcoming staking-focused…

BlockchainApr 10

Major Bitcoin (BTC) Warning Sign Everyone Missed

According to analyst Gary Savage, there has been a "false breakout" of Bitcoin, the largest cryptocurrency by market cap. Savage pointed to the fact that cryptocurrency miners have been "diverging badly" as the reason why market participants should have been more cautious. Is this time really different? The stunning success of multiple Bitcoin exchange-traded funds launched by major institutions such as BlackRock and Fidelity has been the main bullish narrative propping up the largest cryptocurrency. Last week, the price of the top coin managed to achieve a new lifetime high of $73,737 due to excessive exuberance that was driven by…

BitcoinApr 10

Kevin O'Leary Reveals Crypto Now Makes up 11% of His Portfolio

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?” he emphasized, adding that he owns bitcoin and a few other cryptocurrencies. Kevin O’Leary Holds 11% in Crypto Shark Tank star Kevin O’Leary, aka Mr. Wonderful, shared his perspective on bitcoin and spot bitcoin exchange-traded funds (ETFs) in an interview with The Street on Friday. He is the chairman of O’shares Investments and…

MarketsApr 10

FLOKI successfully executes 190 billion token burn

Floki has announced the 190 billion FLOKI token burn has been executed. The tokens were worth over $47 million following FLOKI’s 600% price surge in the past two weeks. FLOKI has announced that the scheduled 190 billion FLOKI token burn has successfully executed. As revealed recently, the Floki DAO approval for the burn saw the project outline that the planned incineration was to take place this week. On March 9, 2024, the team announced that 190.91 billion FLOKI, accounting for 2% of FLOKI’s circulating supply, had permanently been removed. “In line with the decision of the #Floki DAO, 190,918,585,431.84 $FLOKI…

AltcoinsApr 10

'What Are We Waiting for'? SEC Commissioner Hester Peirce Discusses Moving Crypto Regulation Foward

The U.S. Securities and Exchange Commission is not a monolithic institution. Look no further than Hester Peirce (a.k.a. Crypto Mom), who is currently serving her second term as one of five overseeing commissioners. Over the past several years, Peirce has made a reputation as a defender of cryptocurrencies and blockchain technology — writing innumerable dissenting opinions regarding the many legal actions the SEC has waged against crypto protocols and companies. SEC Commissioner Hester Peirce will speak at Consensus 2024 this May. Grab your pass here. To some extent, Peirce’s disagreements with SEC Chair Gary Gensler stem from their varying philosophical…

RegulationApr 10

MoonPay and Base Announce Partnership to Expand Web3 Payment Infrastructure |

This morning, MoonPay, the forefront Web3 infrastructure company, and Base, the layer-2 blockchain incubated by Coinbase, announced an expansion of their partnership to elevate the payments experience for apps and integrations within the Base ecosystem. — This news comes as Base's Total Value Locked (TVL) surpasses an impressive $4 billion for the first time, indicating the platform's rapid growth and rising prominence in the blockchain space. Key highlights of the expanded collaboration include: MoonPay Checkout Solution Now Available: MoonPay's Buy and NFT Checkout solutions are now accessible to projects within the Base ecosystem, including the renowned NFT marketplace, OpenSea. This…

BlockchainApr 10

Spot Bitcoin ETFs Are Just the Beginning for Wall Street

For all the breathless coverage of spot bitcoin exchange-traded funds (ETFs) launching and the bitcoin futures ETFs before them, no one is talking about the elephant in the room. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Ryan Gorman is the principal of Gorman Strategies. These funds help kick the can down the road while giving off the impression of being at the cutting edge of investing, when in reality they’re an easy way to charge fees while also making it harder for you and I to…

BitcoinApr 10

MANTRA Launches Hongbai Incentivized Testnet to Bridge Traditional Finance and DeFi

MANTRA, a trailblazing force in blockchain technology, has announced the launch of its Hongbai Incentivized Testnet. This groundbreaking development is viewed as a significant stride towards bridging the gap between traditional financial markets and the decentralized finance (DeFi) sector. Following the successful rollout of MANTRA Chain’s initial testnet phase, the Hongbai Testnet is now poised to welcome nearly 100,000 eager participants. These participants will have the unique opportunity to explore the state-of-the-art infrastructure on the leading RWA layer 1 blockchain. The Hongbai Testnet, representing the second phase of MANTRA Chain’s testing initiative, is a pivotal component of the project’s overarching…

DeFiApr 10

Sora Ventures, Metaplanet bet $6.5 million on Bitcoin to create 'Asia’s first MicroStrategy'

Metaplanet, a Tokyo Stock Exchange-listed company, announced on April 8 that it has embraced Bitcoin as a core treasury asset. In an April 8 statement on social media platform X (formerly Twitter), Metaplanet said it was allocating ¥1 billion, approximately $6.56 million, to the flagship digital asset as part of its groundbreaking shift in its financial strategy. The firm stated: “This strategic pivot is not just about embracing digital assets but also about pioneering a future where finance meets innovation at its core…Our transition to Bitcoin is a significant milestone in our mission to lead in the digital finance era…

MarketsApr 10

Dogecoin (DOGE) Community Gets Warning, What It Pertains

The Dogecoin (DOGE) community finds itself again at the center of attention, receiving a notable warning that would secure the safety of data and cryptocurrencies. In a recent tweet, Mishaboar, a vocal Dogecoin community member, issued a warning, urging users not to interact with the domain dogechain.com. The warning stems from reports of suspicious activity and potential security vulnerabilities associated with the dogechain.com domain. Mishaboar alerts the Dogecoin community to stay away from the dogechain.com domain, as it was used in the past for spoofing the .info website, leading to people leaking their emails and passwords. Dear #Dogecoin, remember also…

AltcoinsApr 10