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.

Neo booth to feature creative t-shirt NFI activation at Paris Blockchain Week 2024

Neo will have a presence at the upcoming Paris Blockchain Week conference, scheduled for April 9 – 11 at the Le Carrousel du Louvre in France. Neo founder Da Hongfei will deliver a keynote speech titled, “Rethink Layer 1”, while the Neo booth will feature a non-fungible item activation, leveraging the technology of ITEM Systems—a collaborative effort between community development entities COZ and AxLabs. NFI shirts The Neo booth will offer visitors a chance to engage in a hands-on creative process, allowing them to personalize an NFI-integrated t-shirt. Participants can express their artistic flair by customizing the shirt with fabric…

BlockchainApr 6

Understanding Bitcoin halving: impact and importance

What is Bitcoin halving? Learn about its mechanics, significance, and investment implications in this comprehensive guide. If you’re thinking about investing in crypto, you’ll want to know about Bitcoin halving. It’s one of the most significant events in the world of cryptocurrency, often surrounded by anticipation and speculation. Analysts believe this event could greatly affect the cryptocurrency’s value, so it’s important to understand it. What is Bitcoin halving? So, what exactly is Bitcoin halving? Simply put, it’s the process of halving the reward given to miners who verify the legitimacy of transactions before they are added to a permanent record,…

BitcoinApr 6

Polygon powers restaking protocol developing L2 chain, plugs into MATIC’s AggLayer

Share: Swell is building a Layer 2 chain for restaking, powered by Polygon’s AggLayer. Ethereum’s Dencun upgrade has fueled the staking, restaking and Layer 2 narrative. MATIC price climbed over 7% on Wednesday. Polygon’s zero-knowledge rollup technology (zk-rollup) will help build a Layer 2 chain for restaking crypto assets. Swell has chosen Polygon’s AggLayer to power its project, according to an announcement on Wednesday. The Ethereum Dencun upgrade has ignited the Layer 2 token narrative, likely catalyzing 7% daily gains in Polygon’s native token MATIC. Also read: Ethereum Layer 2 locks nearly $40 billion in assets as Dencun upgrade looms…

AltcoinsApr 6

Binance Users Stake Record $13 Billion to Earn Saga Gaming Token Rewards

There’s clear interest in the upcoming token for the Saga layer-1 blockchain network, just days ahead of next week’s listing. In fact, Binance customers have already broken a record for the most cryptocurrency staked to earn SAGA token rewards via the crypto exchange’s Launchpool campaign platform. Binance users have staked more than $13.1 billion worth of Binance Coin (BNB) and the FDUSD stablecoin to earn a share of the 45 million SAGA tokens being offered up through the platform, or half of the token's initial circulating supply. Saga declared the earlier $13 billion mark a record on Twitter Friday, and…

GameFiApr 6

Sony Bank Innovates with Stablecoin Trial on Polygon

Sony Bank, a subsidiary of the renowned Sony Corporation, has embarked on a pioneering journey within the digital currency space by initiating a trial for issuing its own stablecoin. This innovative venture is set to take place on the Polygon blockchain, signaling Sony’s venture into the rapidly evolving world of cryptocurrency. Sony Bank’s Leap into Stablecoin Territory In an effort to leverage the burgeoning potential of blockchain technology, Sony Bank is testing the waters with a stablecoin pegged to fiat currency. This initiative is not just a technological experiment; it’s a strategic move to harness the benefits of digital currency…

BlockchainApr 6

Fidelity FBTC experiences record low inflow of $2.9 million

Quick Take On March 21, Bitcoin ETFs experienced decreased outflows of $93.9 million compared to earlier in the week, corresponding to 1,433.6 BTC. BitMEX data highlights outflows extending over four consecutive days, an event that has occurred for the second time since the ETF’s launch on Jan. 11. The Grayscale Bitcoin Trust (GBTC) reported an outflow of $358.8 million (5,480.5 BTC), which, while still considerable, is a further decrease in falling outflows. There has been a gradual decrease in the volume of outflows since March 18. To date, GBTC’s cumulative outflows have reached $13,630.6 billion (267,449.3 BTC), according to BitMEX…

BitcoinApr 6

Which AI Altcoins are More Popular in 2024? Which Country Made the Most Investments? Where does the USA rank?

Recently, artificial intelligence (AI) tokens have been in the focus of investors' attention and there have been good increases. While the fact that Nvidia, the world's number one artificial intelligence chip manufacturer, will hold a conference on March 18-21 was effective in the rise of artificial intelligence-themed altcoins, a new report came from CoinGecko. Which Countries Are Most Interested in Artificial Intelligence Themed Altcoins? According to CoinGecko's report, among the countries most interested in artificial intelligence-themed cryptocurrencies in 2024 was the USA with a rate of 18.9%, followed by the UK (9.1%) and Turkey (6.5%). Other countries were seen to…

AltcoinsApr 6

Ec³ Joins peaq Ecosystem, Incentivizing Solar Power Usage

Ec³, a decentralized physical infrastructure network (DePIN) for green energy storage, has joined officially the peaq ecosystem. It represents a new type of sustainability, as the use of solar power is incentivized and participants are rewarded with token rewards. Ec³ draws strength from the growing trend of the world carbon offsets market. It is expected to reach over $1.6 trillion by 2028. However, it focuses on a gentle approach from the industry to the environment. Welcome to the peaqosystem, @Ec3_DeEnergy ⚡️ Ec³ is an energy #DePIN enabling people and businesses to earn rewards for using solar power 🌤️🔋 Set to…

BlockchainApr 6

There Can (Probably) Be Only One Bitcoin

One of my key questions about the next era in crypto and blockchain is this: How will all the capital likely be deployed into digital assets and cryptocurrencies as they become better regulated? More than 90% of the world’s financial and business assets are considered “on-shore” – that is, they are owned and managed by entities and people residing in the countries where they are bought and sold. Today, most crypto-assets are bought and sold off-shore (I estimate about 80% based on data from CoinGecko). However, as more regulated opportunities open up, new capital will flow into these digital asset…

BitcoinApr 6

Ronin Hits All-Time High Price as Ethereum Gaming Network Hosts Free ‘Kaidro’ NFT Mint

Ronin, a gaming-centric Ethereum scaling network, continued its recent ascent early Wednesday, setting a new all-time high price to beat its previous record from 2022. The RON token spiked to $4.45 early Monday, though it has since cooled slightly to $4.31 as of this writing, per data from CoinGecko. It’s still up 12% on the day, and the latest surge has pushed its seven-day gains to a whopping 53% following a weekend pump. The previous all-time high Ronin price was $4.29, set in January 2022—before flagship game Axie Infinity lost traction and the network dealt with a $622 million exploit…

AltcoinsApr 6