Author: NBTC
Bit Rivals, a famous AI-driven multi-chain platform for game analytics and rewards, has recently announced its latest partnership. It brought to the front that it is collaborating with Telos, a high-speed blockchain ecosystem for smart contracts and decentralized applications, to improve its platform integrations. This would potentially enable it to prepare before the launch of its $RIVAL token. The company disclosed this endeavor on the official X account. 🤝 BREAKING: New Partnership! 🤝We’re excited to announce that we’ve partnered with @HelloTelos, an industry-leading, high-performance blockchain network, to enhance our one-of-a-kind, AI-powered platform! 🚀Check it out using the link in our…
The Chief Electoral Officer of Gujarat, P Bharti, has brought in a virtual reality-oriented election metaverse for the elections slated for the 7th of May, 2024. The metaverse intends to educate and engage with more than 13 million youngsters voting for the first time. Before venturing within the virtual space, voters will be allowed to choose a personality. Within the arena, they will have the opportunity to understand the procedure related to placing their votes via a screening of an educational clip. This will bring to the table a voting booth wherein voters will be exposed to a stage-by-stage simulation…
Bitcoin (BTC) price has dropped from $66K to $64K over the past 24 hours. BTC’s fear and greed index stands at 72, holding up in the greed zone. Bitcoin (BTC) fails to maintain its momentum within the $66K-$67K range, noting over 3.7% decline. This drop in its price is influenced by the news of the US DOJ arresting the founders of Samourai Wallet. Following the Bitcoin Halving on April 19th, the king of crypto gradually rebounded back into the $65K range and eventually marked daily highs at $67K over the past three days since Monday. At the time of writing,…
Real-world assets (RWA) is a strong narrative growing in the cryptocurrency market, following the interest of BlackRock Inc. (NYSE: BLK). In this context, a Real Estate token, UBXS, surged 300% in a week amid allegedly institutional moves. UBXS is a utility token part of an RWA project specializing in Real Estate, developed by the Web3 company, Bixos. The company aims to connect physical and virtual worlds through blockchain technology. Interestingly, Real Estate property owners can use Bixos to tokenize their real-world assets, making an exchangeable non-fungible token (NFT). By using the UBXS token, the company promises fee discounts and other…
Australia’s securities regulator has marked its first court victory, setting a precedent regarding a non-cash payment facility involving crypto. The Australian Securities & Investments Commission (ASIC) has set a legal precedent in the local crypto market after the Federal Court found that BPS Financial (BPS) engaged in unlicensed conduct when offering the Qoin Wallet, a non-cash payment product that used a token called Qoin. In a press release on May 3, ASIC said the court determined that BPS lacked the necessary financial services license “nor was authorised by a licence holder, to issue or provide financial advice about the Qoin…
Chainlink has announced an exclusive integration. It has reportedly integrated its Chainlink CCIP with Truflation across Ethereum, Base, and Arbitrum blockchain platforms to drive TRUF transactions across the chains. The leading Web3 services forum revealed this integration on its X account. It added that this would increase the interoperability across the aforementioned chains. .@truflation has integrated #Chainlink CCIP across @arbitrum, @base, and @ethereum to power cross-chain TRUF transfers.Why Chainlink BUILD member Truflation is deepening its integration with Chainlink ⬇️https://t.co/I63f7bNF9W pic.twitter.com/p3C1mQYmAR — Chainlink (@chainlink) May 6, 2024 Truflation Incorporates Chainlink CCIP for TRUF Transactions Across the Chains In a devoted blog…
As the cryptocurrency sector starts another day with the majority of its assets in the red, American economist and gold bug Peter Schiff has taken it as a sign that Bitcoin (BTC) is going down the drain, voicing a particularly dire warning for owners of spot BTC exchange-traded funds (ETFs). Specifically, Schiff has observed the current price action of the flagship decentralized finance (DeFi) asset, asserting “it’s not looking good” and telling ‘HODLers’ to better hope that Bitcoin can hold $60,000 or “it’s a long way down,” according to his X post on April 25. At the same time, he…
As the majority of assets in the cryptocurrency sector resume their rally that has intensified in recent weeks, the past months have been particularly kind to artificial intelligence (AI) tokens, including the deemed ‘Nvidia of crypto,’ which has advanced by more than 800% in the last year. Specifically, Render (RNDR), which has positioned itself as the ‘Nvidia of crypto’ due to its potential to become an essential AI infrastructure provider, has made an impressive upward move of 812% in the previous 12 months, racing from $1.90 to the current price of $11.28, as per the data on March 26. Render…
Rep. Maxine Waters, a ranking member in the US House Committee on Financial Services, has proposed the nomination of Ms. Kristin Johnson, a current Commissioner of the US Commodity Futures Trading Commission (CFTC), for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. In a May 2 letter addressed to President Joe Biden, Rep. Waters cited Johnson’s extensive expertise in financial regulation and her commitment to upholding the integrity of financial markets during her tenure as a CFTC Commissioner. According to Waters: “In her role as a CFTC Commissioner, Commissioner Johnson has prioritized maintaining the…
Ordinals founder, Casey, criticizes the current state of Bitcoin mining decentralization, highlighting the dominance of large pools like AntPool. Stratum V2 is introduced as a pivotal upgrade to the Bitcoin mining protocol, aiming to empower individual miners with greater transaction selection control. “It’s time for serious testing of Stratum V2,” urges Casey, advocating for a shift to enhance Bitcoin’s foundational promise of censorship resistance. In a revealing assessment, Ordinals founder Casey exposes the vulnerability in Bitcoin’s mining structure and pushes for immediate adoption of Stratum V2 to safeguard the cryptocurrency’s core value of decentralization. Examining the State of Bitcoin Mining…