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.

Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP

The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious crypto trading platform claiming to be registered with the regulator. HKCEXP allegedly warned as it lured investors by falsely claiming to be an “SFC-registered business.” The SFC warns investors of HKCEXP In June 2023, Hong Kong officially started its crypto licensing regime for virtual asset trading platforms, allowing licensed exchanges to offer retail trading services. The SFC said in February that investors should only trade on licensed trading platforms. The regulator had set a deadline of February 29 for crypto exchanges to…

ExchangesMar 26

Coin98 Integrates Conflux eSpace for Enhanced Crypto Experience

Coin98, the leading multichain crypto wallet, has announced the integration of Conflux eSpace Network into its latest Mobile App and Extension. Conflux eSpace is a blockchain ecosystem on the Conflux Network. This marks a significant milestone towards unified crypto experiences for over 9M users. Coin98 is making continuous improvements with new integrations. It has improved user experience significantly with its recent integration of Linea. Coin98 Super Wallet now integrates Conflux eSpace – a fully EVM-compatible chain of @Conflux_Network with a much lower gas fee and higher TPS than Ethereum. Coin98 users can not only create/ restore Conflux wallets but can…

BlockchainMar 26

Bitcoin Price is up 45% in FEB-2024, Best Performance Since DEC-2020; What Next For BTC Price?

Bitcoin surged an impressive 45% throughout February, showcasing its unparalleled strength and achieving a performance milestone not witnessed since December 2020. The crypto king demonstrated its resilience by securing gains for the sixth consecutive month, setting a strong trend that defied market expectations and solidified experts’ predictions of a crypto bull run starting any time now. Blue-Chip Coins Take Center Stage Bitcoin and Ethereum, often regarded as the blue-chip coins in the cryptocurrency market, stole the spotlight in February. As Bitcoin made the aforementioned surge, Ethereum also notched an over 47% increase, marking its highest monthly gain since July 2022.…

BitcoinMar 26

DigitByte Blockchain aligns with the NIST cybersecurity framework

DigiByte Blockchain has shared insights about how it perfectly aligns with the cybersecurity frameworks that NIST has laid down. An acronym for the National Institute of Standards and Technology, NIST majorly emphasizes boosting protection for information and information systems. The goal is to have a security guard to prevent unauthorized use, access, and disclosure of the elements above. It also ensures that no information is destroyed or modified without authorization. In other words, NIST functions to promote integrity, confidentiality, and data availability. DigiByte Blockchain emerges as an ideal platform, claiming to meet all the necessary criteria. For starters, its blockchain…

AltcoinsMar 26

'Notcoin' Game to End Mining on April 1—When Is the NOT Token Airdrop?

Following a glitch-like teaser earlier today, Notcoin confirmed that it will end the "mining phase" of the game on April 1. But the "glitch" has created more questions than it's answered: Will April 1 be the day of the airdrop that Notcoin players have been waiting for? Or is this the Notcoin team building up for an April Fools' joke on their vast, 30 million-strong player base? Notcoin is a viral clicker game that’s had millions of Telegram users tapping a graphic of a coin on their phone screen in order to earn in-game currency. Initially, it wasn’t clear whether…

GameFiMar 26

Binance’s Smart Retrieval System Lowers Fees to 5 USDT

Binance has reportedly updated its customer support offerings, integrating a wide selection of “smart retrieval” cryptocurrencies into its service. This update is said to facilitate the recovery of tokens deposited in error by users at a greatly reduced fee. Binance revealed that it has recently added a large number of "smart retrieval" coins. After the user deposits an unsupported token (smart retrieval), the retrieval fee is also greatly reduced, only 5 USDT is charged. In the past this amount was as high as $500.… pic.twitter.com/ORxFyqfCeK — Wu Blockchain (@WuBlockchain) March 25, 2024 The cost for retrieval, which previously could amount…

ExchangesMar 26

Airdrops, Meme Coins to Watch

Coinbase’s Layer 2 solution, Base, has surpassed $2 billion in Total Value Locked (TVL), marking a 43.61% surge over the past week. This milestone reflects the growing traction and interest in this network, particularly focusing on meme coins and airdrops. Coinbase’s Base Network on the Rise Base, engineered on the Optimism tech stack, has been pivotal in scaling Ethereum by enhancing transaction speed and reducing costs, all while maintaining the robust security of the Ethereum mainnet. The success of Base can largely be attributed to its parent company, Coinbase. This is a behemoth cryptocurrency exchange with a valuation surpassing $60…

BlockchainMar 26

How Flawed Metaphors Cloud Understanding

(Full disclosure: I’m building Coinbits.app, a bitcoin banking platform.) Last week, Wall Street Journal columnist Jason Zweig published a piece on bitcoin that questioned whether it has the staying power that many bitcoin enthusiasts assume that it does. After all, he argues, there have been other long-standing assets that lost value when circumstances changed. The price of pearls crashed when processes were invented for culturing them at low cost. Bitcoin is also a digital technology, and we have witnessed many digital technologies be disrupted and replaced. Perhaps it will meet the same fate as Atari, BlackBerry, and Myspace – strong…

BitcoinMar 26

Dymension Stakers Get First Confirmed Airdrop

Dymension—a layer-1 blockchain network built with Cosmos tech for app-specific “RollApps”—launched a massive token airdrop back in February, raining down $390 million worth of DYM tokens on crypto users across various communities. Now anyone who staked DYM can claim another airdrop from a RollApp building on the chain. NIM Network, a RollApp powered by Dymension and Celestia that is focused on powering AI gaming applications, launched its own “Genesis Rolldrop” airdrop claim on Thursday, serving up 90 million NIM tokens (9% of total supply). According to the network, more than 500,000 wallets are eligible to claim tokens, though the token…

AltcoinsMar 26

Is Nigeria Strong-Arming Binance?

In late February, the Nigerian government let it be known that it thought $26 billion had illegally moved through Binance out of the country in 2023. This estimate was made by the country’s central bank governor, who said the nation was losing out on taxes from unregistered crypto activity. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. A few days later, authorities in the country invited two Binance executives — Tigran Gambaryan, who runs the exchange’s financial crime…

ExchangesMar 26