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.

Bitcoin Exchange Binance Decided to Reduce Its Support for This Network! USDC Deposits on the Network Have Been Suspended!

In a move that mirrors Circle's recent decision, Binance announced its decision to discontinue support for USD Coin (USDC) deposits and withdrawals via the Tron (TRC20) network, effective April 5, 2024 at 05:00. Binance Announces Suspension of USDC Deposit and Withdrawal Support via Tron Network This decision comes in response to Circle's announcement to discontinue USDC support on the Tron network, prompting Binance to regulate its services accordingly. Starting from the specified date and time, USDC token deposits via TRC20 will no longer be credited to users' accounts on Binance. This development shows that Binance's ecosystem is moving away from…

ExchangesMar 26

Japanese Auto Maker Nissan Taps Into the Metaverse

Nissan Motor, a titan in the automotive industry, is accelerating its digital transformation by diving headfirst into the Metaverse. This strategic pivot involves the filing of four Web3-related trademark applications with the United States Patent and Trademark Office (USPTO), signaling a bold venture into digital commerce and virtual engagement. Nissan Enters the Metaverse The trademarks, covering the brands “INFINITI, NISMO, NISSAN,” represent a nod to the future of automotive marketing. It is also a comprehensive embrace of virtual reality (VR), non-fungible tokens (NFTs), and blockchain technology. Indeed, Nissan’s vision extends to virtual clothing, cars, and goods, with plans to open…

MetaverseMar 26

Dogecoin (DOGE) Jumps 19%, Key Reasons Behind This Surge

The largest meme cryptocurrency, Dogecoin, and the 10th biggest one by the market capitalization size has printed a massive 19.19% price surge within the last 24 hours. This happened after whales’ activity in purchasing Dogecoin has peaked, and also in light of the recent news related to the biggest DOGE fan and crypto tycoon, Elon Musk. Whale acquires millions of Dogecoin as price jumps Cryptocurrency analyst Ali Martinez, popular on Crypto Twitter/X, has shared a Santiment chart to show that during the period of the last 72 hours, various Dogecoin whales have scooped up approximately 25 million DOGE evaluated at…

AltcoinsMar 26

Bitcoin Exchange OKX Announced That It Will List This Altcoin On Its Futures Platform!

OKX, a leading cryptocurrency exchange platform, announced that it has listed VENOM on futures in a bid to strengthen its offerings in the ever-expanding crypto market. OKX Adds Perpetual Futures for VENOM, Introduces Margin Trading and Simple Profit Features This development comes alongside the introduction of margin trading and Simple Earning features for VENOM, which are planned to be implemented in the coming days. According to the official statement made by OKX, USDT margin perpetual futures trading for VENOM will go live on March 25, 2024 at 11:30. Additionally, margin trading and Simple Profit feature for VENOM will be enabled…

ExchangesMar 26

Shibarium Meme Coin on Steady Uptrend, Rallying 523% Since Launch

DAMN, the recently launched meme coin on Shiba Inu’s Shibarium blockchain, has continued to garner market-wide attention, recording over five-fold growth in under three days of launch. Members of the Shiba Inu Army are demonstrating their formidability as the new meme coin in the community continues to record staggering metrics in its first few days of existence. Shibarium Meme Coin Rockets 523% According to statistics from the crypto tracking DexScreener, the Shibarium meme coin DAMN has recorded an astonishing 201% gain in the last 24 hours. This surge puts its press time price at $0.00007674 and 0.00008208 against its trading…

AltcoinsMar 26

Binance’s successor in Russia CommEx announces closure

Binance’s buyer in Russia, CommEx, has declared a phased shutdown of its services without providing a reason for the decision. CommEx, a crypto exchange, which took over Binance’s Russian business following the latter’s departure from the country, has announced plans to shutter operations in Russia. While the exchange has refrained from elaborating on the motives behind this decision, it outlined that starting from Mar. 25 at 10:00 (UTC), new user registrations will be suspended, and asset transfers from Binance will cease. “With regret, after a thorough analysis of the current situation and a review of strategic plans, we are forced…

ExchangesMar 26

Russian Crypto Industry Sends Government Draft Mining Bill

Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector. According to ComNews, Alexander Brazhnikov, the Executive Director of the Russian Association of Cryptocurrency and Blockchain (RACIB), spoke about the bill at a crypto-related event on March 22. Russian Crypto Industry: Time to Legalize Mining Brazhnikov said he expected 2024 to “bring many changes for the industry. He explained: “I have spoken with regulators. They said that we should not wait for their proposals on the formation of a bill on mining in Russia. Instead, they suggested…

MiningMar 26

Bitcoin Volatility Induces $700 Million Carnage In Crypto Futures

Data shows the cryptocurrency futures market has seen liquidations amounting to $700 million in the past day as Bitcoin has gone through its volatility. Bitcoin Has Seen Intense Price Action In Past 24 Hours The past day has been a bit of a rollercoaster for Bitcoin, with the asset registering sharp price action in both directions but ultimately going up as the bulls win out. The chart below shows what the price action for the cryptocurrency has looked like recently. The price of the asset seems to have enjoyed sharp bullish momentum recently | Source: BTCUSD on TradingView From the…

BitcoinMar 26

Litecoin (LTC) Gets Major Core Upgrade; Here's Implication

Litecoin, one of the pioneering cryptocurrencies in the digital asset space, has recently undergone a core upgrade, introducing several noteworthy changes to the LTC network. The latest core upgrade, "Litecoin Core v0.21.3rc3," brings several key improvements and features to the Litecoin network. This update marks an important milestone in Litecoin's ongoing evolution and highlights the project's commitment to enhancing its technology and functionality. #LTCdev: Litecoin Core v0.21.3rc3 released! Please test thoroughly and read release notes here: https://t.co/pUXo3kEHz0 — Litecoin Foundation ⚡️ (@LTCFoundation) March 21, 2024 The Litecoin Core 0.21.3 release candidate is a new minor version release, including new features,…

AltcoinsMar 26

Binance seeking for new buyer for its business in Russia, following CommEX’s closure

Cryptocurrency exchange Binance is talking with several platforms about selling its Russian business and is looking for a new buyer to replace CommEX. According to Forbes, the world’s largest crypto exchange noted that CommEX, which announced its intention to cease operations, cannot fulfill obligations under the deal concluded in September 2023. Binance representatives said they are aware of CommEX’s intention to cease operations. The company emphasized that CommEX’s decision does not affect its obligations to Russian users and that the users’ digital assets remain safe. “Our decision to exit the Russian market remains unchanged, and we are currently in discussions…

ExchangesMar 26