Author: NBTC

The Venom Foundation, an organization based in Abu Dhabi and developer of the next-generation Layer-0 and Layer-1 blockchain of the same name, has published a comparative research on transaction fees of the world’s top ten blockchains. The report, titled “How Transaction Fees Across 10 Leading Blockchains Affect Their Usability and Adoption Potential”, reveals an impressive fact: between traditional proof-of-work networks and new scalable architectures, there is a 99.9% gap in transaction costs. Bitcoin and Ethereum remain the most expensive The Advantage of Scalable Architectures Christopher Louis Tsu: “Fees are the key to global adoption” The Overall Picture: Fees as a…

Blockchain analytics firm Elliptic has secured a strategic investment from HSBC, making it the only company in the sector to be backed by four globally systemically important banks (G-SIBs). HSBC joins JPMorgan Chase, Santander and Wells Fargo on Elliptic’s investor roster. As part of the deal, Richard May, Group Head of Financial Crime at HSBC’s corporate and institutional banking arm, will take a seat on Elliptic’s board. Banking on blockchain oversight Elliptic’s technology is used by financial institutions, crypto exchanges and governments to monitor blockchain transactions for signs of financial crime. With HSBC’s investment, Elliptic says it will step up…

At the Coinbase Crypto Forum, former UK Deputy Prime Minister Nick Clegg and former Chancellor of the Exchequer George Osborne delivered a sharp critique of the UK’s failure to embrace crypto innovation. They also sounded the alarm on looming threats to the open internet. Clegg and Osborne Warn UK Risks Falling Behind in Crypto Clegg warned that China is asserting digital sovereignty and exporting a model of a closed internet. He said, this requires political will from the US, India, and Europe to build guardrails that ensure an AI-powered internet remains open. Blockchain and decentralised technologies, he added, are critical…

Kadena’s Chainweb EVM Testnet represents a significant advancement in blockchain technology, blending the security of Proof-of-Work (PoW) with Ethereum Virtual Machine (EVM) compatibility. Launched in June, the testnet expands Kadena’s braided Chainweb architecture to include EVM support, allowing Solidity developers to deploy smart contracts on a scalable Layer 1 network. This report compiles research based on the protocol’s X Thread, technical documentation, community feedback, and recent updates to provide a comprehensive overview of the testnet’s progress, features, and future potential. Kadena and the Chainweb Architecture Kadena, established in 2016 by Stuart Popejoy and Will Martino, former leads in JPMorgan’s blockchain…

Ant Group is betting that the next leap in digital finance will not happen in a bank but on Ethereum. On Oct. 14, the Chinese fintech giant behind Alipay’s 1.4 billion-user payment network launched Jovay, a new Layer-2 (L2) blockchain built atop Ethereum to move real-world assets (RWAs) on-chain at institutional scale. What is Jovay? Ant Digital, the blockchain division of Ant Group, describes Jovay as a “compliance-first, AI-assisted scaling network” that aims to integrate real-world data and value flows into decentralized finance. The platform uses dual provers, a zero-knowledge and optimistic hybrid, to ensure both scalability and verifiability. It…

The UK’s Electoral Commission is planning to update its approach to crypto-based political financing, amid reports of the country’s first crypto donation to a major political party. “We will be updating our guidance on crypto donations shortly, ”a spokesperson for the regulator told Decrypt, adding that, “The Commission continues to review and adapt the support we provide to parties and monitor the ways they accept donations.” Reporting over the weekend indicated that Nigel Farage’s party Reform UK has received a donation in crypto, according to people familiar with the matter. Neither the value of the donation nor the particular cryptocurrency…

CryptoQuant’s Head of Research Julio Moreno said Binance reserves fell about $8 billion over the past seven days. The decline showed up across Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). He noted the move fit within patterns seen earlier in this cycle rather than a break in trend. Some chat about Binance’s reserves decline.Reserves have taken a hit, but nothing out of the ordinary.For BTC, ETH, USDT and USDC, reserves are down by about $8 billion in the last seven days, which is comparable to other periods in the current cycle.Just a few weeks ago,… pic.twitter.com/9wdSZTrCVK —…

AI-focused blockchain Lumera Protocol unveiled Cascade, a permanent decentralized storage module for AI data. Summary Lumera Protocol launches a data storage protocol for AI The data storage module keeps data overlapping across SuperNodes, ensuring redundancy The AI-focused blockchain also launched the Lumera Hub dashboard As AI models grow more complex and target=”_blank” rel=”nofollow”>announced the launch of Cascade, a data storage protocol for AI data. According to Lumera, Cascade is built with redundancy, permanence, and availability in mind. Moreover, Cascade will enable users to pay once and store data forever, which is novel compared with other blockchains for data storage. Cascade…

Gespa, the lottery and gambling authority of Switzerland, has formally filed a criminal complaint regarding FIFA Collect, the international soccer governing body’s blockchain collectibles platform, the organization announced on Friday. The authority had begun an initial assessment and preliminary probe into FIFA Collect and its offerings—like its “right-to-buy” ticket NFTs— in early October, telling Decrypt that it “couldn’t rule out” whether the platform’s offerings would be relevant to Swiss gambling regulation. After deeper investigation, it’s now reported the collectibles platform to the relevant authorities. “During the investigation, suspicions were confirmed that collect.fifa.com offers gambling services that are not licensed in…

Ethereum price remains above the $3,700 level as market structure hints at a developing re-accumulation range between $3,700 support and the high time frame resistance near $4,240. Summary Ethereum holds strong above $3,700 with bullish defense of key support. Price action hints at a developing equilibrium range between $3,700 and $4,240. Sustained consolidation could set the stage for the next major bullish breakout. Ethereum price (ETH) price continues to show resilience after defending its key volume support at $3,700. The latest bounce from this region was accompanied by a bullish engulfing candle, signaling renewed buying interest after a volatile correction…