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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.

'Black Swan' Author Nassim Taleb Reveals Own Sam Bankman-Fried Verdict

Renowned author and financial expert Nassim Taleb has sparked widespread interest and debate with his recent commentary on the verdict handed down to Sam Bankman-Fried, the founder of the now-bankrupt crypto exchange FTX. Taleb, best known for his bestselling book "Black Swan," took to social media to share his thoughts on Bankman-Fried's 25-year prison sentence for fraud. Taleb's remarks, made in response to a statement by Bankman-Fried expressing remorse for his actions, suggest a deep skepticism regarding the sincerity of the convicted businessman's repentance. Without directly addressing the specifics of the case, Taleb's comment implies a concern that Bankman-Fried may…

Regulation

CPIC IMHK and MAP Protocol join forces for Bitcoin innovation

A notable case for the two main sectors – finance and technology – arises as CPIC Investment Management (Hong Kong) Limited (CPIC IMHK), a company owned by China Pacific Insurance (Group) Co. Ltd. (CPIC), has staked the job as an investment adviser of MAPO Labs, the latter being the founders of the MAP Protocol. This partnership is in a takeoff position, whereby it will combine the fields of the traditional financial sector with the latest blockchain technology. CPIC-IMHK brings to the table its extensive experience in financial investment to facilitate the efforts of MAPO Labs companies within the real-world assets…

Blockchain

Dive into the Party at The Sandbox

HONG KONG – Today, The Sandbox, a pioneering metaverse platform, made waves at Art Basel Hong Kong with the announcement of its partnership with the iconic DJ and musician, Guy Gerber. — Together, they unveiled plans for a groundbreaking experience titled Zombiza, marking Gerber's debut venture into the metaverse. To kick off this collaboration in style, The Sandbox, Guy Gerber, and his renowned brand, RUMORS, are hosting an exclusive party at FAYE nightclub in Hong Kong on March 29, featuring a special performance by Gerber himself. Guy Gerber, recognized for his multifaceted talents as a music producer, multi-instrumentalist, visual artist,…

Metaverse

Bitcoin Prints Bull Flag in Push to Hit $77,000 Amid TradFi Takeover

Bitcoin (BTC) could surge to a new high after the cryptocurrency recently printed a fresh bull flag amid growing demand from institutional investors. Roughly two weeks after setting its current all-time high at $73,750, experienced market analyst Ali Martinez is now tipping Bitcoin to break that record in the coming days. The forecast is based on a technical analysis of Bitcoin’s 4-hour chart, which shows a new bull flag on that timeline. A bull flag is an indicator of the continuation of an uptrend. In Bitcoin’s case, the recent drop below $61,000 paved the way for the formation of a…

Bitcoin

OpenSea Aims to Make NFT Purchases as Easy as Buying on Amazon

In a bid to streamline the NFT purchasing process, OpenSea, the leading NFT marketplace, has introduced an innovative feature directly into its OpenSea Wallet. — This move aims to revolutionize the way users interact with NFTs by eliminating the need for third-party websites for bridging and swapping crypto tokens. We caught up with Jeremy Fine, Head of Business and Corporate Development at OpenSea, to delve deeper into this game-changing development. "Our goal is to be the one-stop shop to discover, purchase, and showcase NFTs. Bridging and swapping is a big friction point for purchase, and we are taking a razor…

NFT

Alchemy Pay Teams Up with Fusionist to Streamline $ACE Token Access

Alchemy Pay, a top payment gateway for converting regular money into cryptocurrency, has teamed up with Fusionist. It is a leader in blockchain gaming. It will make it easier for people to buy and use Fusionist’s native token, $ACE. Alchemy Pay and Fusionist will benefit from this partnership by making $ACE tokens easier to buy worldwide. Alchemy Pay’s platform now accepts preferred payment methods and local fiat currencies. This makes the service more accessible and easier to use for cryptocurrency fans. We are thrilled to announce that #AlchemyPay has extended support to @fusionistio Endurance mainnet and integrated $ACE on our…

Altcoins

Who is Sam Bankman-Fried? A timeline of crypto king’s rise and fall

Samuel Benjamin Bankman-Fried, commonly known as SBF, is an American entrepreneur who rose to prominence in the cryptocurrency world as the founder of the FTX cryptocurrency exchange. Born on March 5, 1992, in Stanford, California, Bankman-Fried showed early promise, attending the prestigious Massachusetts Institute of Technology (MIT) before delving into cryptocurrency trading. His career trajectory took a significant turn when he ventured into the world of finance, working on Wall Street before establishing Alameda Research in 2017. Why was he called Crypto King? In 2019, Bankman-Fried founded FTX, a cryptocurrency exchange that quickly gained traction in the digital asset market.…

Regulation

Renzo and Polyhedra Network Collaborate to Enhance Cross-Chain Interoperability

In a move set to revolutionize cross-chain interoperability, Renzo and Polyhedra Network have joined forces to introduce advanced staking mechanisms. Renzo is eager to support Polyhedra ZK Dual Staking mechanism on zkBridge, a blockchain advancement poised to reshape the landscape of decentralized finance (DeFi). Polyhedra has been proactive recently in making new partnerships and integrations. Renzo is thrilled to support @PolyhedraZK Dual Staking mechanism on zkBridge. With this integration, $ezETH and $zk holders can enjoy easy, crosschain restaking with exposure to @eigenlayer ecosystem rewards https://t.co/T3D5F4bOIU — Renzo (@RenzoProtocol) March 27, 2024 Renzo and Polyhedra Empower Cross-Chain Staking for Enhanced Security…

Blockchain

Decoding Argentina’s Bitcoin frenzy: reality vs rumor

Is Bitcoin’s hype in Argentina real? Discover why its adoption lags and what hurdles stand in its way despite global enthusiasm. In Argentina, economic woes have reached critical levels, marked by an annual inflation rate soaring at a staggering 276% by Mar. 12. As the value of the Argentine peso plummets, citizens are seeking refuge in alternative assets. One such refuge is Bitcoin (BTC), as reported by Bloomberg. Bloomberg’s findings reveal that Bitcoin purchases on Lemon, the nation’s premier retail crypto exchange, surged to nearly 20-month highs. Lemon recorded almost 35,000 transactions in the week ending Mar. 10, doubling the…

Bitcoin

Ledger reports massive Solana congestion, SOL sinks 12%

The Solana network is again experiencing congestion and commission problems. According to a Ledger support post on March 19, users may receive network or transaction error messages due to network congestion. This can occur when attempting to send, stake, or cancel a Solana (SOL) staking on Ledger Live. 👋Hey #Solana users! The Solana network is currently experiencing congestion and issues with fees 🚧 As a result, you might encounter error messages like 'Network error' or 'Your transaction might have failed…' when attempting to send, stake, or unstake $SOL in Ledger Live… pic.twitter.com/XbO47CS6bq — Ledger Support (@Ledger_Support) March 19, 2024 Users…

Altcoins