Author: NBTC

Ads3, an AI-driven growth entity to broaden Web3 networks, has partnered with GXT Exchange, a cutting-edge crypto trading entity. The partnership aims to fortify user acquisition and expand the trading of digital assets via next-gen AI-led marketing strategies. As per Ads3, the partnership endeavors to improve the worldwide accessibility of blockchain-powered financial services. Hence, the development underscores AI’s rising significance in pushing forward the crypto network development as well as consumer engagement. 🤝Ads3 x GXT Exchange Ads3 @ads3_ai — the AI-powered growth platform accelerating Web3 ecosystem expansion.GXT Exchange @GXTExchange — a next-generation crypto trading platform offering Spot, Futures, and Earn…

Matt Prusak, president and interim chief financial officer of Trump-linked bitcoin miner American Bitcoin (ABTC), is leaving the company to join AI and energy infrastructure developer Giga Energy, marking another senior executive move toward the power sector that is increasingly underpinning both bitcoin $BTC$63,637.81 mining and artificial intelligence. Prusak said he will step down from American Bitcoin effective Aug. 4 and join Giga Energy as chief business officer and interim CFO. He said in emailed comments that after “years building bitcoin businesses,” he was shifting “upstream to the power infrastructure now constraining both mining and AI compute.” The departure reflects…

Leading stablecoin issuer Tether invested $20 million in Argentine neobank Ualá, taking an equity stake in a financial platform with more than 11 million customers across Argentina, Mexico and Colombia. The investment was part of Ualá’s $197 million funding round announced in March, led by Allianz X at a $3.2 billion post-money valuation. Tether was initially mentioned in Ualá’s announcement, and only later on unveiled the $20 million investment figure. Given the headline valuation, the investment should represent a rough 0.6% stake in the neobank’s post-money equity though the terms may differ. Ualá offers accounts, cards, lending and investments to…

Fetch.ai is set to transform digital economies through autonomous agents capable of discovering and transacting independently. Their recent collaboration with Skyfire aims to establish a seamless payment infrastructure, crucial for the functioning of these agents in real-world scenarios. This integration promises enhanced security, making AI agents active participants in economic activities rather than mere assistants. For more details, see the official announcement here. Breaking It Down Fetch.ai’s mission is to create a decentralized digital economy where intelligent agents autonomously discover, connect, and transact on behalf of users and organizations. The integration with Skyfire introduces a robust payment protocol that allows…

It was reported as the end of an era in crypto. The centralized exchange Arthur Hayes helped found in 2014, BitMEX, officially announced that it will be shutting down after 11 years of operation. The exchange pioneered the 100x-leverage perpetual swap, and perpetual markets eventually became the dominant crypto derivatives product. BitMart, another centralized exchange that had been in the top 10 exchanges but fell lower down the pecking order, also announced the closure of its trading platform. The last time a major CEX closed was during the FTX implosion in November 2022. Instead of leading to a deeper crypto…

In brief A solo miner solved Bitcoin block 960,804 overnight, taking a reward worth close to $200,000. The payout was 3.16 $BTC, the 3.125 $BTC subsidy plus 0.03 $BTC in fees from 4,243 transactions. It was the 317th solo block found through CKPool. A solo Bitcoin miner solved block 960,804 at 02:11 UTC on Monday, netting a reward worth about $200,000. The block paid 3.15689830 $BTC, made up of the 3.125 $BTC subsidy and 0.032 $BTC in fees from the 4,243 transactions it carried. It was the 317th solo block found through CKPool, the pseudonymous developer known as Dr -ck…

The recent price uptick in the cryptocurrency market has given some traders, including Andrew Tate, wings. Despite his rather unsuccessful history with futures trading, the British-American social media personality and businessman has opened another major long, according to data shared by Lookonchain. The analysts at the monitoring resource have counted 107 times in which Tate has been liquidated in the past. His new bitcoin long position is for 57.36 $BTC, worth around $3.76 million. However, the potential liquidation price is close by, at $65,216. The cryptocurrency currently trades around $65,500, and if it dips by just $300, Tate would need…

POAP, the proof-of-attendance protocol known for issuing digital badges to event participants, is shutting down its service, according to a report from The Block. The project had previously announced in March that it would halt new services and maintain only its existing system. The decision marks the end of a notable experiment in the $NFT space, where POAP tokens became a popular way to commemorate conference attendance, virtual meetups, and community events. Background and Timeline POAP, which stands for Proof of Attendance Protocol, gained traction during the crypto and $NFT boom of 2021–2022. The protocol allowed event organizers to mint…

Unlike in most of the world, Indian crypto traders face unique challenges due to government laws and a highly restrictive tax environment. As such, it’s easy to make a mistake or two if you’re not informed about all the crypto happenings in the country. However, some are costlier than others, and any Indian crypto trader should pay special attention to the following mistakes. Ignoring India’s Crypto Tax Rules This is likely the biggest mistake one can make, as since 2022, India has imposed a 30% tax on any profits made from virtual digital assets (VDAs), which include cryptocurrencies. Additionally, a…

New research into automated trading on Solana found a nearly threefold difference in positive wrapped SOL outcomes inside one small group of bots. Transactions that invoked HumidiFi, which the paper classifies as a proprietary automated market maker, recorded a positive WSOL balance change about 62.3% of the time. Other transactions in the same 12-address group did so at a 21.01% rate. The comparison covered 244,733 HumidiFi-invoking transactions, including 152,502 with a positive WSOL balance change, and 218,678 other transactions, including 45,949 with a positive change. The rate ratio was about 2.97. The edge appeared in one narrow cluster The ASE…