Author: NBTC
The Runes protocol has gained a lot of interest in the Bitcoin community over the past few months. Runes is a fungible token standard designed by Casey Rodarmor, the creator of Ordinals. The protocol is designed to be an alternative to BRC-20, an experiment token standard for fungible tokens on Bitcoin. The BRC-20 standard is built on ordinals, which means it stores information in a Bitcoin transaction’s witness data, in a similar way, runes data is stored in a data storage function called OP_RETURN, Bob Bodily, the founder of Bioniq, told Blockworks. Read more: Motoko Sentinels gain traction despite ordinal…
In an exciting collaboration, Xai Foundation and Nirvana Cloud have launched Xai RPC nodes on Nirvana’s global bare metal cloud, marking a significant milestone in the advancement of Web3 gaming infrastructure.—Xai Foundation, renowned for its innovative approach to blockchain gaming, announced the deployment of mainnet RPC nodes on Nirvana Cloud. These nodes, available via Nirvana Labs’ developer platform, are strategically positioned across five global regions to ensure maximum uptime, minimal latency, and optimal cost-effectiveness for developers utilizing the Xai blockchain.Soby, a core contributor to Xai, commented on today’s news: “This collaboration ensures that game developers building on Xai have access…
Crypto markets have shed nearly $200 billion off their market cap in the last 24 hours as some of the industry’s biggest players appear keen to unload their coins. According to crypto “de-anonymizing” platform Arkham, digital assets manager Grayscale has sent nearly a quarter of a billion dollars worth of Bitcoin (BTC) to Coinbase, potentially to sell on the open market. Arkham’s data shows Grayscale sending BTC to Coinbase Prime or addresses associated with Coinbase mostly in batches of $42.84 million. Source: Arkham According to Arkham, Grayscale also deposited considerable amounts of altcoins, including Ethereum (ETH), Avalanche (AVAX), Polygon (MATIC),…
Uniswap has integrated Robinhood Connect to enable crypto purchasing on mobile app. According to a recent announcement by the decentralized exchange Uniswap, the integration with Robinhood Connect allowed users in the United States to buy cryptocurrencies using funds from their Robinhood accounts, debit cards, or bank transfers. U.S. Users Can Buy Crypto With Robinhood Connect For first-time Robinhood Connect customers, a special promotion would provide $10 in USDC when they purchase a minimum of $10 of crypto via the Uniswap app. This offer is specifically designed to welcome new users to the platform. To purchase crypto with Robinhood Connect on…
Ostium Labs, a pioneering firm in trading infrastructure development, has recently announced a significant enhancement to their platform with the integration of Chainlink Data Streams. This integration marks a strategic move to provide high-fidelity, automated trading solutions across a vast array of assets, from traditional commodities and indices to a comprehensive range of cryptocurrencies. Leveraging Chainlink for Precision and Reliability At the heart of this integration is the need for precise, real-time data that can support the complex requirements of high-speed, leveraged trading environments. Ostium Labs has chosen Chainlink Data Streams & Automation 2.0 for its ability to provide sub-second…
Bitcoin Price Tumbles Below $60,000 as ETF/Macro Headwinds Mount – Is the BTC Bull Market Over?
The Bitcoin (BTC) price has tumbled more than 5% on Tuesday to below $60,000 following a disappointing first day of spot Bitcoin ETF trade in Hong Kong, and following fresh US economic data that points to sticky inflation and strengthens the argument that the Fed should wait before cutting interest rates. Having pushed nearly as high as $65,000 in early Asia trade, Bitcoin was last changing hands in the $59,900s. And as macro/fundamental headwinds build, technical analysis suggests that BTC could be headed for a near-term correction into the $50,000s. Since mid-April, the Bitcoin price has consistently found resistance at…
Ripple, the company behind the XRP Ledger development, will unlock 1 billion XRP tokens on April 1, worth $628.5 million. This is part of Ripple’s monthly sell-offs, which could negatively impact the XRP price in the following weeks. Historically, Ripple has been unlocking 1 billion tokens through escrows, finalized on the first day of every month since 2017. April will mark the start of a new epoch for XRP’s inflation, using different accounts from the past few years. So far, the company has been using ‘Ripple (22)’ and ‘Ripple (23),’ according to XRPScan, as reported in March’s unlock. Now, ‘Ripple…
In a bid to remain relevant to its customers, STEPN, the well-known workout app that rewards people for remaining active, has joined forces with Illuvium, a virtual game world. Through this partnership, an inexperienced combination of active parts and gaming content will be presented in a revolutionary manner. In this partnership, which STEPN and Illuvium are organizing, Raffle Mint is a special event where winners are rewarded with fun co-branded STEPN x Illuvium sneakers. These footwear designs combine the famous characters of the Illuvials to attract not only the video game world but also health enthusiasts and fitness-competitive individuals. This…
Kraken is a famous American crypto exchange. It is one of the oldest, as the company was founded in 2011 in San Francisco, only two years after the creation of Bitcoin. Actually, if we only consider the crypto exchanges still in full operation, it is one of the very few still existing among those founded before the first Bitcoin halving in 2012. The history of the crypto exchange Kraken Legal issues The advantages of the Kraken crypto exchange The features The guide The history of the crypto exchange Kraken The real crypto exchange, however, was launched only in September 2013,…
Rapid Addition and Chainlink have announced a collaboration to create a Financial Information eXchange (FIX) native blockchain adapter. The goal is to enhance the ability of financial institutions to communicate with a wide range of tokenized assets. Blockchain Adapter For Institutional Trading Rapid Addition and Chainlink aim to bridge traditional financial communication systems with blockchain technology. The integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with Rapid Addition’s FIX solutions promises a seamless interaction with tokenized assets. This adapter will cater to emerging markets. These include carbon credits, renewable energy products, and real-world assets such as real estate and collectibles. The…