Author: NBTC
Leading non-custodial crypto wallet Exodus confirms that it has logged Shibarium integration requests in its suggestion box. Exodus has provided an update about its potential integration of Shiba Inu’s Layer-2 (L2) scaling solution, Shibarium. Exodus Wallet Considers Supporting Shibarium In a recent development, the official X handle of Exodus Wallet confirmed that the requests to support Shibarium and its gas token Bone ShibaSwap (BONE) have been logged in its suggestion box for consideration. Hey, hey 👋 Shibarium and BONE are in our suggestion box 📮 I don’t have an ETA, but if I did, I’d share it with you in…
Changpeng Zhao, founder of cryptocurrency exchange Binance, will learn his fate today regarding possible prison time for violating US money laundering laws. Prosecutors sought a three-year prison sentence, twice the 18-month sentencing guideline. They argue that “the scope and consequences of Zhao’s misconduct were enormous,” the sentencing memo states. In response, Zhao’s legal team argues that their client does not deserve a prison sentence. They pointed out that “no defendant has ever been sentenced to prison in a similar BSA (Bank Secrecy Act) case.” Zhao pleaded guilty and resigned from his position at Binance as part of a settlement with…
The famous decentralized protocol AltLayer has recently started a collaboration. As per the company, it has joined forces with Inco, a worldwide confidentiality layer concerning Web3, to integrate exclusive confidential service for rollups. On its official account on the social media platform X, the company provided an overview of the partnership. Confidential service integration for rollups is now here, thanks to our partnership with @inconetwork!Their Universal Confidential Computing Layer tech enables a variety of new dApps that require computing over confidential and private data. More⬇️ https://t.co/xB07ZZjlRm pic.twitter.com/8oivUZnuiq — AltLayer (@alt_layer) May 1, 2024 Altlayer’s Partnership with Inco Integrates Confidentiality Layer…
The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in the wake of the latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations. A MoM inflation rate of 0.3% translates to an annualized inflation rate of around 3.6%. That’s well above the Fed’s 2% inflation target, pointing to still uncomfortably high inflation in the US. Economists highlighted that stubbornly high housing and utility inflation could keep MoM price pressures elevated for some time. Here is Powells favourite inflation gauge. PCE Core Service Less…
BAXUS, a global marketplace for collectible spirits, has completed a seed funding round to enhance its web3-enabled trading platform. According to a press release shared with Cryptonews.com, the $5 million funding round was led by Multicoin Capital, with significant contribution from Solana Ventures, Narwhal Ventures, FJ Labs, in addition to high-profile angel investors. BAXUS to Utilize Web3 Advantages The company plans to utilize the newly acquired capital to enhance its sensor and vaulting technologies. This investment aims to cater to the increasing interest from both retail and institutional collectors in the high-value spirits market. BAXUS is transforming the collectible spirits…
Render Network proposes RNP-011: Piwa for 3D asset training. Collaboration with Stability AI aims to democratize AI technology. Implementation involves staking mechanisms and Solana-based NFTs for transparency. Render Network, in collaboration with Stability AI and industry leaders, has introduced its inaugural proposal, RNP-011: Piwa. This groundbreaking initiative aims to revolutionize 3D artificial intelligence by creating and augmenting one billion 3D assets for model training. First @rendernetwork proposal.Working hard with @JulesUrbach & others to expand the reach & tokeneconomics of the network to bridge the creative & digital worlds 🌁 Render will be built by creatives for creatives & communal high…
Binance founder Changpeng Zhao (CZ) was sentenced to 4 months, according to the judge’s statement. Despite the penalty, the billionaire will keep most of his wealth. In November, the Ministry of Justice filed a criminal complaint against Binance and Zhao. However, unlike the Justice Department’s case against other crypto criminals like Bankman-Fried and Terraform Labs’ Do Kwon, Zhao and Binance reached a deal with prosecutors. The agreement also involved several federal agencies, including the Treasury Department and the Commodity Futures Trading Commission. Judge Richard Jones ordered Zhao, who is estimated to be worth about $43 billion and is currently the…
Yesterday, zkSync, a well-known zkrollup developer on the Ethereum blockchain, announced a partnership with the crypto developer platform Alchemy. This news brings new features to the crypto ecosystem, expanding the connections of the layer-2 with the rest of the web3 world. Meanwhile, a former zkSync engineer has decided to launch his own project Sophone, a hyperchain focused on the entertainment sector, inaugurating the sale of a series of validator nodes. Let’s see all the details below. Ethereum’s zkRollup solution lands on the web3 development platform Alchemy: progress for the zkSync crypto ecosystem Former zkSync developer creates his own hyperchain Sophon:…
Runes are a new narrative within the crypto ecosystem that leverages the Bitcoin (BTC) blockchain infrastructure. This new sector reached $346 million in total market cap in less than a week, according to data aggregator RunesMarketCap. However, as it happens with many new concepts in crypto, many investors aren’t familiar with Runes yet. Bitcoin infrastructure Bitcoin Virtual Machine (BVM) member who identifies himself as Punk 686 explained to Crypto Briefing that Runes is a new fungible token standard for Bitcoin’s ecosystem created by Casey Rodarmor, the developer behind the Ordinals Protocol. “Those who missed BRC-20 last summer are searching for…
Outlier Ventures, the global leader in Web3 Acceleration, is proud to announce its strategic partnership with two industry powerhouses, the Celo ecosystem and Defactor, to support the Real World Assets (RWA) Base Camp accelerator program. This collaboration underscores the commitment to driving innovation in tokenized real-world assets (RWA) and empowering startups in this transformative space.—The RWA Base Camp, in collaboration with the Celo ecosystem, will provide tailored support to startups building the infrastructure, applications, and products necessary for mainstream adoption of tokenized real-world assets across various industries. The 12-week virtual accelerator program will offer workshops, mentorship sessions, and access to…