Author: NBTC

Today, the crypto space erupted with intrigue following the transfer of a whopping 310 million Dogecoin (DOGE), valued at $51.07 million. Whale Alert data revealed the movement from the address “DEgDV” to “DDuXG,” igniting speculation within the popular meme cryptocurrency community. What’s catching everyone’s attention is the potential tie to Robinhood, the U.S.-based brokerage giant. Sources suggest that the sender’s address, holding 30.97 billion DOGE, worth $5.07 billion, could be linked to Robinhood. Meanwhile, the recipient address now holds 2.14 billion DOGE, valued at $350 million. This transfer coincides with Robinhood’s recent announcement of its plans to acquire Bitstamp, an…

Ava Protocol, a Web3 automation platform, has acquired Openstory, a leading data streaming platform specializing in on-chain data and analytics, according to the latest updates shared with Finbold on June 26. The integration of Openstory will significantly boost Ava Protocol’s ability to deliver precise insights into Ethereum Virtual Machine (EVM) chain activities via real-time data streaming and analytic capabilities. Coupled with several key appointments, the acquisition is another major milestone in Ava Protocol’s expansion. Enhancing blockchain application performance According to Ava Protocol, the acquisition will improve decision-making, scalability, and performance for blockchain apps using its autonomous transaction infrastructure. Chris Li,…

As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and associated with these tangible assets. 18,741 of Mike Caldwell’s Casascius Coins Still Remain Unpeeled In the early days, Mike Caldwell minted nearly 28,000 physical coins and bars, integrating digital BTC with these assets. In 2011, he devised a method to attach bitcoin (BTC) to physical items by creating coins and bars made of brass, silver, or gold-plated metal, featuring intricate designs and the Bitcoin logo.…

Key Points: Taiko permissionless sequencing and proving was introduced to boost decentralization. Users worldwide can now independently participate in block sequencing and verification on Taiko, reducing centralization risks. Taiko’s main net launch and token distribution signal a major stride in Ethereum’s scalability solutions. Ethereum Layer 2 project Taiko has achieved a significant milestone with its mainnet launch and token release, emerging permissionless sequencing, and proving in the rollup space. Read More: Taiko Review: Potential zkEVM Solution With High Compatibility Taiko Permissionless Sequencing and Proving Launched Taiko permissionless sequencing allows decentralized block sequencing by anyone, a departure from other rollups reliant…

Oku Trades has announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into its platform. This strategic move is set to redefine the security standards for token transfers across different blockchains, providing users with a more robust and seamless trading experience. Oku Trades, which has built a reputation as a forward-thinking solution to streamline cryptocurrency transactions, will now make it possible for users to seamlessly route their token transfers through CCIP by selecting “Chainlink” as their pathway of choice in the bridging interface. The process of transfer is made more secure by participants who can specifically name their source and…

According to a recent Bloomberg report, multiple Bitcoin developers are currently exploring the idea of adding programmability to the leading blockchain. This narrative could reignite the cryptocurrency’s rally, according to the business outlet. Bitcoin is currently trading at $66,750. It is down 9.5% from its record high that was set back in March. Unlike rival blockchains of the likes of Ethereum, Bitcoin lacks such additional features as smart contracts that would make it possible to significantly expand its functionality. Bitcoin development has been extremely conservative compared to other protocols. Its proponents have long refused to add new features since the…

Flamingo Finance, a DeFi protocol operating on the blockchain NEO, has commenced an exclusive partnership. As per the company, it is joining forces with AlphaNet (a cutting-edge AI forum dealing with crypto trading) to enhance the range of products for consumers. The platform took to its official account on the social media forum X to disclose this endeavor. 🦩 We are pleased to announce a new partnership with @AlphaNet_AI!Flamingo will gradually introduce AlphaNet products into the Flamingo ecosystem to provide users with helpful trading insights, signals, and AI tools to elevate the trading experience.#Flamingo #DeFi $FLM $NEO pic.twitter.com/SITSLPpG90 — Flamingo…

With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above $47 per PH/s. Declining Bitcoin Value Squeezes Mining Revenues and Hashrate Over the past week, bitcoin (BTC) has decreased by 5%, and over the last 30 days, it has shown a 10% decline. This drop in price has impacted bitcoin miners and their earnings from block rewards and associated fees. Currently,…

DePIN integrates IoT and blockchain for efficient data exchange and monetization. Nubila Network leads DePIN innovations, enhancing user-centric economies. Web3 and VeChain ensure secure, transparent transactions, rewarding user data contributions. The upcoming HiVE Summit will highlight groundbreaking advancements in decentralized physical infrastructure networks (DePIN). These networks are transforming the way blockchain technology and Internet of Things (IoT) technology are integrated, resulting in a strong platform for Real World Asset (RWA) management. Decentralised Physical Infrastructure (#DePIN) meets IoT meets #blockchain meets #RWA & more, with @nubilanetwork.The economy of tomorrow is powered by Web3, pays you for your data, and derives value…

Bitcoin’s (BTC) current market structure looks similar to 2017, just before its massive 1,200% rally to its previous record high of $20,000, according to widely followed crypto analyst TechDev. The pseudonymous analyst shares with his 450,000 followers on the social media platform X a chart that suggests the current market cycle has been strikingly reminiscent of the 2017 Bitcoin bull run. TechDev’s chart highlights that both bear markets bottomed out during the crash of two major crypto exchanges, followed by repeated rallies and consolidation phases. “The more things change, the more they stay the same.” Source: TechDev/X Looking at the…