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.

Crypto Wallets Drained Off $600K Due To Ignored Phishing Attack

EthereumJan 25

On January 23, Wallet Connect and other web3 companies informed their users about a phishing scam using official web3 companies’ email addresses to steal funds from thousands of crypto wallets. A Massive Phishing Campaign Wallet Connect took X to notify its community about an authorized email sent from a Wallet Connect-linked email address. This email prompted the receivers to open a link to claim an airdrop, however, the link led to a malicious site and, as Wallet Connect confirmed, it was not issued directly by the team or anyone affiliated. Wallet Connect contacted web3 security and privacy firm Blockaid to…

Bitcoin Fear & Greed Index Reaches Lowest Level In Three Months, Is The Bleed Over?

BitcoinJan 25

Amid the current market turmoil, the Bitcoin Fear & Greed Index has continued on a sharp decline. This decline has seen the index fall to its lowest level in over three months as crypto investors become more fearful and hold their investments from the market. Bitcoin Fear & Greed Index Takes A Nosedive In the months leading up to the end of the year 2023, the Bitcoin Fear & Greed Index climbed steadily until it reached high greed levels. Now, this index takes a number of factors into consideration to place investor sentiment across a number of categories ranging from…

Mt Gox Starts Verifying Addresses For 200,000 BTC In Payouts

BitcoinJan 24

Defunct Japanese-based cryptocurrency exchange, Mt. Gox has taken the next steps toward its Bitcoin distribution process to customers who were previously affected by its 2014 hack attack. The crypto exchange has delivered mass emails to account holders as they confirm wallet addresses for individuals eligible for its repayment process. Mt. Gox Prepares For Bitcoin Repayments Recently, Account holders at Mt. Gox reported in a Reddit post that they have been receiving new emails from the crypto exchange regarding an identity verification and confirmation procedure initiated by the exchange. Mt. Gox disclosed that it has begun confirming wallet addresses from users…

Post-ETF Pain: Bitcoin Plunges 20%

BitcoinJan 24

Bitcoin has dropped over 20% from its three-year high reached shortly after the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs) in January. Analysts cite a combination of profit-taking after the long-awaited event and broader market uncertainty as reasons for the correction. Bitcoin Retreats Post-ETF Approval Surge The price surge in anticipation of the ETF approval saw Bitcoin reach nearly $49,000 on January 11th. However, since the green light for the ETFs, the cryptocurrency has retreated steadily, trading at around $39,500 at the time of writing. According to some analysts, they have seen a…

Decoding Bitcoin’s price trajectory for year 2024

BitcoinJan 24

The year 2024 is expected to be full of ups and downs for Bitcoin, or any other crypto, for that matter, considering the way the year started. BTC was once at a tally of $47,000. It is now down to ~$40,000 at the time of articulating this piece. Eleven months later, Bitcoin is expected to inch closer to its ATH. There is still a lot that can happen in the time window. An analysis by experts puts everything in perspective. The bulls have their say To begin with the positive view, bulls believe Bitcoin will continue to rise in the…

Ethereum ETF Countdown to liftoff Everything you need to know before blastoff

EthereumJan 24

The community speculates that the Ethereum ETF will eventually enter the market, following in the footsteps of the Bitcoin ETF. The Commission approved 11 applications on January 10, 2024, enabling investors to direct their funds to Bitcoin without any hesitation. Speculations state that Ether ETF is the next big thing because it is the second biggest token in valuation after Bitcoin. Plus, it already has the needed backing of the global community. The Ethereum ETF may be about to cross the finish line. The long-awaited product also brings predictions and news about the token. The Latest Buzz ETH is trading…

Exploring how Bitcoin ETFs and Grayscale will affect cryptocurrency

BitcoinJan 24

Spot Bitcoin ETFs are now a reality. Investors are headed to their preferred asset management platform to diversify their portfolios. Bitcoin was in a dark space before January 10, 2024. It has now been tagged with due recognition, enabling investors to explore digital assets. What keeps the sphere on the edge is the actual impact that it can have on the future of cryptocurrency. For starters, approving Bitcoin ETF applications has opened the door for other crypto assets to submit ETF applications. Ether ETF is now the most anticipated product, followed by XRP and other tokens. Needless to add, suspicions…

US Bank Foresees Major Bitcoin Price Drop To $20,000

BitcoinJan 24

The crypto space is currently facing bearish signals as the price of Bitcoin has failed to maintain crucial levels at $42,000, slipping to $39,909 at the time of writing. United States financial service provider Deutsche Bank, foresees even more declines in the upcoming months, projecting the value of Bitcoin to dip below $20,000. Deutsche Bank Predicts Massive Bitcoin Decline Reports from Bloomberg, referencing a recent survey made from January 15 to January 19, 2024, by Deutsche Bank reveals investor’s sentiments regarding the volatility and future trajectory of BTC’s price. The survey, which appraised over 2000 people in the United States,…

Chainlink Automation positioned live on Base

BlockchainJan 24

Chainlink Automation is currently live on Base, a Layer 2 blockchain renowned for its speed and scalability. It has been supported by Ethereum and nurtured by Coinbase. This integration will provide Base developers with access to gas-efficient, decentralized, and authenticated smart contract automation capabilities. Chainlink Automation is known to be the safest, most dependable, and most cost-friendly automation solution for Web3 developers. Base developers will be capable of offloading compute-related work on the Chainlink Network. This will deal with authenticable factors related to blockchains and a reduction of 90% in terms of gas prices. Johann Eid, chief business officer of…

HoloTile: Disney’s Breakthrough in Enhancing VR Mobility

MetaverseJan 24

With fast technological developments, digital and augmented actuality have change into more and more in style lately. Nevertheless, regardless of their immersive visible experiences, a disconnect has all the time existed between the person’s bodily place and their avatar’s actions in these digital worlds. However now, an innovation has emerged that guarantees to revolutionize motion within the metaverse – the HoloTile. A Sport-Altering Idea Developed by famend inventor Lanny Smoot, identified for his intensive portfolio of over 100 patented innovations for Disney, the HoloTile is an omnidirectional treadmill that goals to remodel the VR expertise. It incorporates a distinctive design…