Author: NBTC
The XRP Ledger EVM sidechain developed by Peersyst in collaboration with Ripple has marked an exciting milestone with the release of a new bridge version. One of the standout features of this milestone is the introduction of a scalable interface designed to accommodate future XRP Ledger interoperability. The new bridge version would bring significant benefits to XRP Ledger by enhancing interoperability as it is adapted for multiple networks, wallets (for each network) and tokens (for each pair of networks). 📢 Exciting milestone reached on the #EVMSidechain! We are very excited to release the new version of the bridge ↕️ with…
In a bold move that has captured the attention of passersby and digital enthusiasts alike, a striking Bitcoin (BTC) billboard has emerged in the heart of Times Square, New York. Brought to the viewers by the team behind Stacks, a prominent Bitcoin Layer-2 protocol, the billboard proudly declares, “Bitcoin is more than you think,” urging viewers to reconsider the expansive possibilities inherent in the world’s leading cryptocurrency. The eye-catching billboard serves as a beacon for curious onlookers, directing them to delve deeper into the potential of Bitcoin through a provided website link. Upon visiting the website, visitors are greeted with…
The official Shiba Inu account on the X social media network (known as Twitter in the not so distant past) has issued a post to celebrate an important victory of SHIB on the Binance exchange in the time when it was still run by its founder Changpeng Zhao (CZ). The post referred to it as “SHIB army broke Binance”. SHIB “breaking” Binance during listing The SHIB account quoted CZ’s tweet dated by May 10, 2021, where the Binance CEO at that moment spoke about “certain concerns about SHIB listing.” CZ shared that a large number of users demanded the platform…
Investors can now buy diamonds, which have always been popular and desirable due to the available technology. Despite the long-standing recognition of diamonds as a symbol of wealth and security, the demand for these valuable gems typically necessitates specific skills and funding. The winding road toward investment in diamond trading was expensive. Although standardized diamonds are increasingly considered a viable investment option worth approximately $1.2 trillion globally, they only constitute nearly 1% of the diamond market due to some specific barriers and complexities. Once the company sees the depth of the opportunity here, Diamond Standard becomes the game changer, making…
With Bitcoin (BTC) descending back to the area around $60,000 following the underwhelming results of the first Hong Kong spot Bitcoin exchange-traded funds (ETFs), artificial intelligence (AI) algorithms are pessimistic in terms of its future price for the next month. Indeed, the six Hong Kong ETFs that offer exposure to Bitcoin and Ethereum (ETH) have significantly missed their targets by a wide margin, reaching a combined trading volume of $11 million, a minuscule fraction of the anticipated $125 million, sending the cryptocurrency market tumbling. BTC price prediction As for its future performance, the advanced AI algorithms do not see Bitcoin’s…
Vitalik Buterin has finally revealed his thoughts on the ongoing hype around meme coins in the cryptocurrency space. Meme coins, like Dogecoin, which started in 2015, have had their moments of fame, particularly during 2020-2021. They are back in the spotlight, but not for reasons that everyone likes. Some recent meme coins on the Solana network have been criticized for having offensive content. Besides, many of these coins do not seem to bring anything valuable or new; they just rise and fall in price. In even more cases, meme coins drain liquidity, causing massive losses to their investors. Buterin suggests…
Omnity, an omnichain interoperability protocol, announced Runes integration. The Omnity team told crypto.news that it had integrated Runes, an efficient UTXO-based Bitcoin meta-protocol that allows the trading of fungible tokens on Bitcoin. With the new update, Omnity reduces network congestion, supporting the evolution of the Bitcoin network towards serving broader economic functions. At launch, Omnity provides core functionality for Runes tokens, including transferring them between chains. This is achieved through introducing a twin token, which ensures that the integrity and functionality of Runes assets are maintained across different chains. “In addition to interoperability, the Omnity development team also has extensive…
In a concerted effort to elevate Bitcoin’s visibility and recognition in the digital realm, a coalition of over 35 prominent crypto firms spearheaded by Nexo has been actively advocating for the inclusion of a Bitcoin emoji on all digital keyboards. The initiative, dubbed “Bitcoin Deserves An Emoji,” has gained significant momentum over the course of 40 days, with enthusiastic backing from industry giants such as Bitget, Kraken, Polygon, and numerous others. Today, the campaign received a substantial boost as Joe Nakamoto, a respected crypto influencer based in Portugal, released a compelling video on Twitter featuring a lineup of prominent figures…
Ethereum co-founder Vitalik Buterin addressed the topic of memecoins in a thought-provoking blog post published today, sharing his views on their potential to positively contribute to the cryptocurrency ecosystem. Ethereum Co-Founder Vitalik Buterin Defends the Positive Impact of Memecoins in the Cryptocurrency Space Known for his influential role in shaping the Ethereum network, Buterin emphasized his personal stance on memecoins, stating that he prefers projects that comply with certain moral principles. He expressed disapproval of coins associated with totalitarian ideologies, fraud, or other negative connotations that may bring excitement in the short term but lead to disappointment in the long…
Vitalik Buterin, co-founder of Ethereum, has introduced significant advancements in cryptographic proofs, notably enhancing verification speeds and simplifying the process. These developments leverage new techniques in STARKs and introduce innovative tools like Plonky2 and Binius. These changes are set to improve the efficiency of blockchain technologies drastically. Fast and Easy to Verify Cryptographic Proofs In the spotlight are STARKs — scalable, transparent arguments of knowledge. According to Buterin, these cryptographic proofs stand out for their ability to efficiently verify complex statements, such as an Ethereum block’s validity. A notable innovation in STARKs is the use of smaller field sizes, which…