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Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base

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NPC Labs, a blockchain startup, has successfully secured $21 million in funding for its Ethereum-based Layer 3 gaming chain, marking a significant milestone in the intersection of blockchain technology and gaming innovation.

The funding round was led by prominent investors who recognize the potential of NPC Labs’ Layer 3 solution to revolutionize the gaming industry. The Ethereum Layer 3 technology aims to enhance scalability and efficiency in gaming applications, addressing current limitations and offering new possibilities for developers and players alike.

NPC Labs’ initiative leverages the Ethereum blockchain’s robust infrastructure to facilitate seamless interactions and transactions within gaming ecosystems. By integrating Layer 3 solutions, the startup aims to improve user experiences by reducing latency and enhancing the overall performance of decentralized gaming platforms.

The successful funding round underscores growing investor confidence in blockchain-based gaming solutions and their potential to redefine the gaming experience. NPC Labs’ innovative approach positions it at the forefront of blockchain integration in gaming, paving the way for future advancements in decentralized applications (dApps) and virtual economies.

Looking ahead, NPC Labs plans to accelerate the development and deployment of its Layer 3 gaming chain, aiming to unlock new opportunities for developers and gamers worldwide. As blockchain technology continues to evolve, initiatives like NPC Labs’ Ethereum Layer 3 gaming chain are poised to shape the future landscape of interactive entertainment, fostering innovation and inclusivity in the gaming sector.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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