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.

New Hampshire Has a Better Approach to DAOs

The world’s legal systems are straining to adapt to transactions facilitated by smart contracts, cryptocurrencies, digital assets, and other developing blockchain technologies. One of these innovation — commonly known as “Decentralized Autonomous Organizations” or “DAOs” — offers potentially revolutionary mechanisms for conducting governance and transactions among participants. Keith Ammon is a four-term elected Representative in the New Hampshire State Legislature. Bill Ardinger has practiced law in NH for almost 40 years, representing businesses on tax and transactional matters and seeking policy improvements. Both served on the New Hampshire Commission on Cryptocurrencies and Digital Assets. New Hampshire is considering legislation (HB…

RegulationMar 27

Saga Airdrop Is Ending—Here's Who Can Still Claim on Avalanche, Solana, and More

The Saga network’s airdrop campaign is coming to a close. The layer-1 chain, which has a substantial gaming presence, is set to end its airdrop claim process at 12:00 UTC on Wednesday, March 27, giving eligible users precious few hours left to secure their bag. Saga conducted a “play-to-airdrop” campaign from December 2023 into early 2024—the first part of a three-phase airdrop campaign to reward players, DeFi stakers, and NFT holders. The campaign incentivized players who competed in certain games by making them eligible for an airdrop of the native token, SAGA, of the soon-to-launch Saga blockchain mainnet. In addition…

GameFiMar 27

Polygon Achieves Milestone with Napoli Hard Fork, Pioneering RIP-7212 Support

TL;DR The Napoli update on Polygon introduces support for RIP-7212, a Rollup Improvement Proposal that enhances interoperability with conventional technology. Napoli also includes improvements in block space efficiency and network security. This collaboration underscores the importance of Layer 2 solutions for Ethereum’s mass adoption. Polygon’s recent Napoli update marks a significant milestone in the evolution of Layer 2 solutions on the Ethereum network. This update, which includes support for the first Rollup Improvement Proposal (RIP-7212), aims to enhance the interoperability of rollups with conventional technology. In addition to this improvement, Napoli also brings three significant updates introduced in Ethereum’s recent…

AltcoinsMar 27

CFTC calls ETH a commodity in KuCoin complaint

The Commodity Futures Trading Commission filed a complaint against the companies that operate the crypto exchange KuCoin. “The complaint charges KuCoin illegally dealt in off-exchange commodity futures transactions and leveraged, margined or financed retail commodity transactions; solicited and accepted orders for commodity futures, swaps, and leveraged, margined or financed retail commodity transactions without registering with the CFTC,” the press release said. In the CFTC’s complaint against the exchange, the regulator says that KuCoin allowed investors to trade commodities including bitcoin, ether and litecoin. “These actions brought KuCoin squarely within the CFTC’s authority and required that KuCoin register with the CFTC…

RegulationMar 27

Liquid Markets Expands Cryptocurrency Offerings with MASK, GALA, ARPA, API3, and BEA

In a move to expand its cryptocurrency offerings, Liquid Markets, operated by DWF Labs, has recently added MASK Network ($MASK), GALA ($GALA), ARPA Network ($ARPA), API3 ($API3), and Beam ($BEAM) to its list of tradable assets. This meets traders’ changing needs and adds cryptocurrencies. This strategic move gives cryptocurrency traders more options and chances. It shows the platform’s commitment to user needs. Earlier, Liquid Markets added $LADYS, $FLOKI, and $JOE to its list. Liquid Markets Introduces Trading Pairs for Leading Cryptocurrencies These tokens can now be traded on Liquid Markets against, a popular stablecoin. Liquid Markets’ MASK/USDT, GALA/USDT, ARPA/USDT, API3/USDT,…

AltcoinsMar 27

How Much Prison Time Will Sam Bankman-Fried Get? Degens Are Placing Their Bets

On Thursday, Sam Bankman-Fried and his family will finally hear the words they’ve been anticipating for months now: the decision of a Manhattan judge, as to how many years the disgraced FTX founder will spend in prison for his October conviction on seven criminal fraud and conspiracy charges. Also nervously awaiting the ruling: scores of degens who have gambled hundreds of thousands of dollars on the length of Bankman-Fried’s sentence. On crypto gambling site Polymarket, users have already collectively bet some $657,000—and counting—on the outcome. Betting options include ranges like less than 5 years, 5-to-10 years, 10-to-20 years, 20-to-30 years,…

RegulationMar 27

“Customers Started to Show Interest Again”

Goldman Sachs' hedge fund clients are also showing renewed interest in cryptocurrency markets. This follows the recent approval of ETFs, which has led to a resurgence of interest and activity in the crypto space. “Many of our largest clients are active or exploring becoming active in this space,” Max Minton, Goldman's Asia Pacific head of digital assets, said in an interview. Goldman Sachs, which launched its crypto trading desk in 2021, currently offers cash-settled Bitcoin options and Ethereum options trading in addition to Bitcoin and Ethereum futures listed on CME. However, it does not trade the underlying cryptocurrencies. Minton noted…

MarketsMar 26

French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator

EDF subsidiary Exaion has become a validator on the Chiliz Chain. Chiliz is seeking to leverage Exaion's expertise in energy and technology. Exaion follows French soccer giant PSG, which also recently became a Chiliz validator. Exaion, a subsidiary of France's state-owned energy company EDF, became a network validator for the Chiliz Chain, joining one of the country's leading soccer teams in securing the network that hosts fan token trading for Socios.com as it looks to expand its blockchain efforts into sports and entertainment. Chiliz is seeking to leverage Exaion's expertise in the energy and tech sectors, according to an emailed…

AltcoinsMar 26

Is Ripple Toast? Legal Expert Weighs In on SEC's "Explosive" Motion

Lee Hepner, senior legal counsel at the American Economic Liberties Project, has opined that Ripple is in a precarious position after the U.S. Securities and Exchange Commission (SEC) filed its motion for roughly $2 billion in penalties and fines against the company. "Ripple might not be toast yet, but they're in the toaster," the legal analyst said. Hepner described the SEC's motion as "explosive" since it includes details of how the company's "reckless disregard for law" persisted even after a federal court found them liable. The SEC pointed to the fact that Ripple continued illegal offers and sales of unregistered…

RegulationMar 26

Mad Lads NFTs rise as the day’s top collection

The Solana-based Mad Lads non-fungible token (NFT) collection has topped the daily sales chart with a surge in market activity. Over the past 24 hours leading to 1 p.m. ET on Tuesday, Mad Lads experienced a 166% rise in sales, amounting to US$1.62 million, and a 1.74% increase in transactions, totaling 52. This surge has propelled Mad Lads’ cumulative volume to a new high of US$150 million, now at the 42nd spot for all-time sales. This is the second consecutive day that a Solana-based collection led the NFT market as Mad Lads’ takes the top spot from Frogana. Frogana’s daily…

NFTMar 26