Author: NBTC
Alaska Gold Rush integrates Chainlink CCIP for secure cross-chain token transfers. Chainlink CCIP provides unparalleled security and scalability for Alaska Gold Rush’s CARAT token. Alaska Gold Rush has announced the integration of Chainlink CCIP, the industry standard for safe cross-chain interoperability, between the BNB Chain and Polygon mainnets. Alaska Gold Rush wants to make their in-game token, CARAT, transferable across chains by using CCIP’s arbitrary messaging feature. Chainlink BUILD project @alaska_game has integrated #Chainlink CCIP on @BNBCHAIN and @0xPolygon. How CCIP enables secure cross-chain CARAT transfers for Alaska Gold Rush ⬇️https://t.co/ByJXZLkKFM — Chainlink (@chainlink) June 28, 2024 Why Chainlink CCIP?…
Bitcoin struggles to maintain the key support level at $65,390. Maintaining the level above $65,390 is crucial for the bull run to continue. Bitcoin (BTC) price is experiencing pressure to maintain the key support level at $65,390. It is crucial for the price to remain above this support level to sustain the bullish trend, which targets the $70,000 level. It is essential to maintain this support level for the continuation of the upward movement; if the price falls below the $65,390 support level, it may signal a potential downward trend and bring in further risk, likely triggering a new bearish…
Key Points: Sanctum token, CLOUD, has a total supply of 1 billion, 30% reserved for the community. Sanctum CLOUD Airdrop accounts for 10% of the total supply. CLOUD tokens are integral to governance and capital control functions. Sanctum introduces its token economic model, CLOUD, with a total of 1 billion supply. The Sanctum CLOUD Airdrop includes 10% of total supply, with unique claiming mechanics. FP Lee, the team behind the Solana ecosystem LST protocol Sanctum, has introduced the Sanctum token’s token economic model, CLOUD. CLOUD’s total supply amounts to 1 billion, with an initial circulating supply of 180 million, which…
Pyypl and Visa are joining forces to bring digital and physical prepaid Visa cards to facilitate financial inclusion in MEA. The partnership seeks to democratize financial services across 850 million smartphone users to drive the digital economy. The integration of Ripple’s blockchain shows a turn for secure and innovative financial solutions in MEA. Fintech firm Pyypl, has teamed up with Visa to bring digital and physical prepaid Visa cards across the Middle East and Africa region. The current partnership will increase financial inclusion in the area. Pyypl plans to add Visa cards into its mobile app, seeking to advance access…
Bitcoin could potentially surpass its all-time highs of $74,000 as early as next week due to increasing institutional demand and risk appetite for assets. The U.S.-listed spot exchange-traded funds (ETFs) tracking Bitcoin have seen four straight days of inflows, with BlackRock’s IBIT receiving $94 million on Thursday, signaling a shift in investment sentiment. Institutional demand and rising appetite for risk assets could cause bitcoin to breach all-time highs of $74,000 as early as next week, some traders say. “Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If…
Solana has experienced a significant surge in stablecoin inflows, amounting to billions over the past six months. During this period, SOL price has soared by nearly 250%. The total stablecoin market capitalization currently stands at $161 billion, approximately 14% from the $188 billion all-time high recorded in April 2022. Analysts suggest the Layer-1 token could see even greater gains if the stablecoin market capitalization returns to its peak. Solana Stablecoin Inflows Drive SOL Price Rally The volume of stablecoin inflows into the Solana network has reached $1.5 billion since December 2023, DefiLlama data shows. During this period, the SOL price…
Sonic, the first atomic Solana Virtual Machine (SVM) chain that supports independent game economies on the Solana network, achieved a major milestone with its incentivized testnet “Odyssey.” This testnet recently has reached 100,000 connected wallets. It also has recorded over 17 million transactions. In this way, it paves the way for its upcoming mainnet launch. Sonic to Expand Teams Globally with New Cypher Capital Investment With the backing of $308 million multi-strategy crypto investment firm Cypher Capital, Sonic’s latest fundraising endeavours plan to bolster its ecosystem before the mainnet. The new funds will be allocated to increasing core development, game-related,…
With Bitcoin surging to $66,700, could a new all-time high be on the horizon, fueled by easing U.S. inflation and talk of Fed rate cuts? Bitcoin (BTC) has recently surged in price, reaching as high as $66,700 on May 16, with the current price standing at $65,800 levels. This uptick follows the release of the U.S. economic data. Inflation across the U.S. eased slightly last month, with the consumer price index (CPI) rising at an annual rate of 3.4% in April, down from 3.5% the previous month. CPI data suggests a potential downward trend in the cost of living, prompting…
Monero mining hashrate has dived, falling from 2.9 gigahash on May 29th to 1.78 gigahash on May 31st. This drop coincided with the commencement of “Operation Endgame”, the largest operation ever against botnets by Europol. Recent data shows a significant dip in Monero (XMR) mining hashrate, signifying a major change in the network. In just two days, the Monero hashrate has fallen from 2.9 gigahash to 1.78 gigahash. This drop represents a third of its hash and marks its lowest level in three years. The drop coincided with the deployment of “Operation Endgame” by Europol, officially the European Union Agency…
CoralApp, a Binance-backed web3 platform, has introduced its new product, the Coral Phone. With this launch, Coral plans to tap into the vast smartphone market with an estimated 6.84 billion devices already live. The number is expected to hit 7.1 billion by the end of 2024. According to a recent announcement, the new smartphone will feature AI in conjunction with web3 capabilities to bring decentralized finance (DeFi), GameFi, and SocialFi to the masses. Besides offering features available on traditional smartphones, the Coral phone is designed to work seamlessly with decentralized applications (dApps) and decentralized physical infrastructure networks (DePINs). Users can…