Author: NBTC

Coinbase’s Ethereum Layer 2 network Base recently teased a native token for the first time since its launch in 2023, and activity on the chain is soaring as users rush to become eligible for the airdrop. The network’s total value locked (TVL) reached a new high of $5.1 billion at the beginning of September, and weekly transactions just crossed 90 million for the first time, a 10% increase from the previous high of 81 million at the end of December, driven by the AI Agent mania. Base TVL and Transactions – DeFiLlama Despite the increase in total transactions, however, the…

Co-CEO of SharpLink Gaming Joseph Chalom says Ethereum is the only platform to transform traditional finance. SharpLink Gaming is the world’s second-largest Ethereum-focused Digital Asset Treasury (DAT) company, and Chalom made the comments at an event in Seoul on Monday. Why SharpLink is Bullish on Ethereum DAT firms hold cryptocurrencies or digital assets as a core part of their treasury strategy. Since it began purchasing ETH in June, SharpLink has accumulated 838,150 ETH in three months. “Secure payments and asset tokenization will define the future of financial innovation,” said Joseph Chalom, the company’s co-CEO. Before joining SharpLink, Chalom spent two…

A swarm of autonomous robots could offer a new way to bring trustworthy real-world data onto blockchains—without relying on centralized sources. The idea, detailed in a new preprint study titled Swarm Oracle: Trustless Blockchain Agreements through Robot Swarms, builds on earlier peer-reviewed research where researchers demonstrated that mobile robots could reach reliable consensus, even in times of disruption, cyberattack, or in hostile environments. The new study applies that approach to a persistent problem in blockchain design: how to get verified real-world data into smart contracts without introducing new points of trust. A blockchain oracle is a service that securely supplies…

Crypto mining and investment firm BitMine Immersion announced that it has significantly increased its Ethereum holdings. BitMine Immersion Increases Ethereum Holdings to 2.4 Million Tokens The company announced that it has purchased an additional 264,378 ETH, bringing its total holdings to 2,416,000 ETH. This amount corresponds to more than 2% of the total supply on the Ethereum network. This move by BitMine Immersion is interpreted as strengthening the company’s long-term strategic position in the crypto market. Ethereum stands out as the second-largest blockchain network, underpinning smart contracts and decentralized finance (DeFi) applications. Therefore, accumulating assets at this scale both increases…

Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs that the U.S. labor market is faltering — a shift in focus that points to growing concern about a deeper economic slowdown. Consumer prices rose a bit more than expected August, according to CPI data released Thursday by the U.S. Bureau of Labor Statistics. Both the headline rate of 2.9% and the core rate of 3.1% remain solidly higher than the Federal Reserve’s 2% target. Normally, that would suggest the U.S. central bank should hold off on interest rate cuts. But investors barely flinched…

Heurist, a decentralized AI cloud computing protocol, today announced a strategic collaboration with Oasis Protocol, a Layer-1 blockchain focused on privacy, scalability, and flexibility. Through this partnership, the Oasis network leverages Heurist’s confidential computing infrastructure to advance the capability of its data management and Web3 applications. Heurist is a decentralized AI-driven cloud computing network that collects computation resources from data centers and individuals. Through this approach, Heurist provides decentralized and cost-efficient serverless AI services to developers and users worldwide. On the other hand, the Oasis network is a Layer-1 POS blockchain designed to offer efficient and confidential smart contract execution,…

Almost half of all Ethereum Improvement Proposal 7702 (EIP-7702) authorizations by users involve crimes like phishing and draining of funds, according to research from market maker Wintermute. This is a far cry from Vitalik Buterin’s claim that its temporary smart contract functionality would give users “superpowers” with “guardrails.” Since May 7 this year, users have activated the feature 1,580,930 times, with Wintermute’s team tagging 768,275 or 48% of them as crime-related. Criminals might — subject to further investigation — have victimized thousands of people using this feature. EIP-7702 temporarily converts a user’s signing account into a smart contract wallet for…

Arthur Hayes, co-founder of BitMEX and one of the most recognizable names in the cryptocurrency world, has a net worth estimated between $200 and $400 million. Arthur Hayes, co-founder and former CEO of BitMEX, a pioneer in the cryptocurrency derivatives market, remains a key figure in the industry, both for his perpetual swap product and his keen market analysis. However, one of the most frequently asked questions is Hayes’s true wealth. Hayes’ Total Cryptocurrency Assets Are Thought to Be Worth $57 Million During the 2021 bull market, Hayes’s wealth was suggested to exceed a billion dollars. However, on-chain data shows…

ENI, a ZK-coprocessor Layer-1 blockchain network, today announced a strategic collaboration with RZTO.IO, a blockchain-driven rewards ecosystem transforming mobile commerce with AI and decentralized technologies. Based on this partnership, RZTO.IO integrated ENI’s ZK stack technology and fast-processing Layer-1 blockchain into its existing mobile applications and digital offerings to expand its Web3 capabilities for users worldwide. ENI is a high-performing Layer-1 chain network built with ZKP technology, recognized for its rapid transaction time, low costs, and advanced security. On the other hand, RZTO.IO is a Web3-focused rewards platform designed to link mobile networks with AI and decentralized technologies, providing people with…

The world of digital finance is constantly evolving, and a recent announcement from Nasdaq-listed ETHzilla has certainly captured attention. The company is making a significant financial maneuver by issuing a substantial amount of ETHzilla convertible notes, signaling a bold expansion of its crypto strategy. This move aims to supercharge its presence in the Layer 2 ecosystem and the burgeoning real-world asset (RWA) tokenization space. What Are ETHzilla Convertible Notes and Why Do They Matter? ETHzilla, previously known as 180 Life Sciences, has revealed its plan to issue $350 million in convertible notes to a select group of institutional investors. This…