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.

Ripple IDO Solution Inspires New Collaborations Amid XRP’s Steady Rise

Ripple’s IDO inspires Inpay and Tranglo’s collaboration for European fintech with instant SEPA. XRP’s surge reflects legal wins and Ripple’s strategic moves for growth. Ripple CEO highlights XRP’s potential amidst regulatory challenges in Bloomberg interview. Amid Ripple’s XRP slow but steady price surge, Ripple’s cross-border payment solution success takes the stage. In a groundbreaking move, Inpay and Tranglo join forces to elevate Europe’s fintech sector with the rollout of Instant SEPA across 36 nations. Powered by Ripple’s On-Demand Liquidity (ODL), this partnership is reshaping cross-border payments with the transformative potential of XRP technology. Ripple’s substantial 40% stake in Tranglo signifies…

AltcoinsApr 6

The Impact of Recent Bank Account Freezes on UK Crypto Professionals

There has been an increase in bank accounts belonging to crypto professionals being frozen or restricted across the UK, US, and EU over the past few months. They say you often don’t care about something until it happens to you; well, this week, it did. To my genuine surprise, it came from the one place I least expected it. Revolut has long been regarded as the most crypto-friendly bank in the United Kingdom, offering in-app crypto purchases and, in 2023, finally adding the ability to send and receive crypto, albeit with certain limitations. However, recent events have called into question…

RegulationApr 6

Nansen exposes Arkham’s dubious $55m transfers in ARKM via Binance

Blockchain forensics firm Nansen has uncovered Arkham’s shady $55 million transfers in ARKM, suggesting potential sales on Binance. Arkham Intelligence, a blockchain deanonymization platform backed by Binance and others, has found itself in hot water after its rival Nansen revealed that Arkham sent over $55 million in ARKM tokens to unlabeled addresses, which then allegedly sold the tokens on Binance. In an X thread on Apr. 4, Nansen wrote that Arkham had moved over 25.2 million ARKM tokens over the past few days, with most of the funds gone to “wallets unlabeled on their platform, where a significant portion has…

ExchangesApr 6

Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production

According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March 2023’s earnings. Ahead of Bitcoin’s Next Halving, Bitdeer Taps TSMC for Proprietary Mining Chips Following the unveiling of its in-house developed application-specific integrated circuit (ASIC), Bitdeer (Nasdaq: BTDR) has rolled out its business update for March 2024. This announcement highlights the collaboration with Taiwan Semiconductor Manufacturing Company (TSMC) on its unique mining processor, the SEAL01. Established in 1987,…

MiningApr 6

Don't buy Bitcoin on this day!

Crypto traders know that many factors affect investing in cryptocurrencies. Timing your Bitcoin (BTC) purchase right can get you more value for the same amount. At the same time, the opposite is true: bad timing can mean that you just wasted a part of your money that you did not have to. Today’s article will discuss the worst day you can pick to buy Bitcoin, explain why you should avoid buying crypto coins on this day, and provide other relevant information on how to properly time your Bitcoin investments. Volatility of Bitcoin Bitcoin price, like that of all crypto, is…

BitcoinApr 6

This Altcoin Announced Its Collaboration With NVIDIA, Heralded the Announcement About Binance! Price Increased for the Second Time in One Day!

Vanar Chain, which gave clues about the partnership it will announce today in its post yesterday and implied that the company with which the partnership was established according to these clues was Nvidia, made the expected partnership announcement. NVIDIA's prediction based on the clues turned out to be correct and Vanar Chain announced that they had established a partnership with NVIDIA. “Vanar Chain is thrilled to welcome NVIDIA, the latest addition to the ecosystem! Thanks to NVIDIA's infrastructure, all projects that are part of the Vanar AI, metadata and gaming ecosystem will gain access to the latest technology. Leveraging the…

AltcoinsApr 6

Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

A New York jury has begun deliberations in the SEC’s civil fraud case against Terraform Labs and its co-founder Do Kwon The SEC has accused the defendants of misleading investors about the stability of its so-called “algorithmic stablecoin,” Terra USD NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app. The…

RegulationApr 6

Binance unveils Discover, an industry-first futures copy-trading service

Binance, the world’s most extensive cryptocurrency exchange platform, has unveiled a novel futures copy-trading service called “Discover,” as per the information shared with Finbold on April 5. The innovative, mobile-centric addition employs a straightforward swipe-right-to-like and swipe-left-to-skip mechanism, simplifying the process for copy traders to browse a wide variety of lead trader portfolios. The Discover user experience The new service is rather intuitive: a swipe right adds a portfolio to your favorites, while a swipe left lets you move on to the next option. Moreover, seamless integration allows users to effortlessly toggle between virtual “Mock” fund testing and direct trading.…

ExchangesApr 6

Bitaxe Supra: Community-Driven Bitcoin Mining Unleashed

In an era where the democratization of technology becomes increasingly crucial to fostering inclusive and sustainable growth, D-Central Technologies is taking a significant leap forward. The company proudly announces the official launch of the Bitaxe Supra, a marvel in the realm of Bitcoin mining that symbolizes a new chapter in open-source technology. — Equipped with the advanced BM1368 chip from the Antminer S21, the Bitaxe Supra stands at the forefront of efficiency and performance, heralding an era where the power of mining is accessible to all, aligned with the foundational principles of Bitcoin itself. Open-Source Philosophy The essence of Bitaxe's…

MiningApr 6

Bitcoin ETF net outflows streak hits four days, $836 million

US spot bitcoin ETFs have seen net money leave the category for four straight days, matching the longest streak in their 10 weeks of trading. Put another way, one bitcoin fund’s outflows have accelerated while the others have not been able to offset the bleeding. The 10 BTC funds endured net outflows amounting to $94 million on Thursday, putting the segment’s cumulative bleeding at $836 million so far this week, according to Farside Investors data. Spot bitcoin ETFs in the US have tallied $11.3 billion of net inflows since launching on Jan. 11. The funds saw about $2.5 billion of…

BitcoinApr 6