Author: NBTC
In a single block, the Cardano blockchain processed eight transactions for 1,600 recipients with just $2.38 in fees. This demonstration of scalability and affordability was highlighted by Charles Hoskinson, the creator of Cardano, when he reposted an X (formerly Twitter) post originally shared by Dedium, a Cardano-based decentralized GPU computing network. This showcases Cardano’s potential as a leading blockchain platform. #Cardano can transfer assets to 1,600 users within a single block, all for a fee of just 5.16 $ADA. https://t.co/nwtfYzsGJI — Cardano YOD₳ (@JaromirTesar) September 25, 2024 The block that processed the eight transactions reached 80 TPS without using Hydra,…
PlatON Network has recently announced an exclusive collaboration with UXUY for the UXUY Telegram Wallet’s integration into the Telegram ecosystem. As per PlatON, the partnership promises to offer an additional effective and seamless experience for consumers by providing a series of crypto and fiat services via Telegram. The platform took to its official X account to provide the details of this initiative. 🎊Thrilled to announce a news!👏#PlatON has partnered with @uxuycom to integrate the #UXUY Telegram Wallet, offering the Telegram ecosystem comprehensive fiat and crypto services. With @topos_network clearing system, merchants and users can enjoy better exchange rates and lower……
Around 23,000 Bitcoin options contracts are due for expiry on Friday, Sept. 13. These derivatives have a notional value of around $1.34 billion. Today’s options expiry is roughly double the size of last week’s expiry event, so the impact on dampened crypto spot markets may be greater. Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.86, which means there are slightly more long (call) contracts expiring than shorts (puts) but they are more closely matched. Open interest, or the value of open contracts yet to expire, is still high at strike prices of…
Bitcoin protocol Surge has raised $1.8 million in pre-seed funding to solve the network’s scalability issues. As the Bitcoin (BTC) ecosystem keeps facing unresolved scalability challenges, startups keep searching for a solution that would open doors for billions worth of dollars in liquidity from the decentralized finance space. Surge, a Bitcoin-centric protocol developed to unlock the BTCfi economy, has bagged $1.8 million in pre-seed funding to unlock the cryptocurrency’s “full potential as a global currency and a base layer for innovation,” per a press release shared with crypto.news. Supported by firms like Autonomy, Gerstenbrot Capital, and Double Peak Group, as…
Did you know, the Founder of Shiba Inu, with a pseudonym Ryoshi, had planned a stable coin in the Shiba ecosystem? The marketing lead of Shib shared exciting details about this stable coin in her recent X (formerly Twitter) post. The stable coin was introduced by the founder in 2021 and named it SHI. It is a significant development for the Shibarium network. Although the stable coin is still in the development stage, it excited the community. Let’s discuss the features and importance of SHI, as shared by Lucie. The SHI Stablecoin: A Key Development for Stability and Utility in…
FractureLabs, the developer of the online game “Decimated,” has filed a lawsuit against Jump Trading. accusing the firm of market manipulation, Bloomberg News reported on Oct. 16. The complaint alleges that Jump engaged in a “pump and dump” scheme with the game’s native token, DIO, which is traded on crypto markets. Allegations According to the filing, FractureLabs planned to raise funds through an initial offering of DIO on HTX — formerly Huobi — and hired Jump as a market maker in 2021. As part of their agreement, FractureLabs loaned 10 million DIO tokens to Jump’s subsidiary and sent 6 million…
The parachain ecosystem of Polkadot was quite vibrant and growing, especially in September 2024. Leading the charge are three giants: NeuroWebAI, Phala Network, and Mythos: This demonstrates how decentralized solutions can be diverse and reliable. Other parachains are also innovating others with different characteristics, and, thus, increasing the total worth of Polkadot. 🔥 September’s top Polkadot parachains are heating up!🥇 @NeuroWebAI, @PhalaNetwork and @EnterTheMythos are leading the pack in on-chain activity. What’s driving their success?🔎 Discover the trends in this exclusive infographic.#Polkadot #DOT pic.twitter.com/FFVwRUxqnv — Polkadot Insider (@PolkadotInsider) October 19, 2024 NeuroWebAI: Leading the AI Revolution (126M+ Events) NeuroWebAI leads…
Traditional assets, including gold and the S&P 500, have reached new all-time highs. In contrast, Bitcoin (BTC) has decoupled and continued its underwhelming performance, which has lasted almost six months. As a result, investors are questioning whether cryptocurrency still serves as a hedge against inflation compared to traditional assets. This on-chain analysis explores in detail whether BTC will continue to lag behind or if its status as a safe haven remains intact. Bitcoin Falls Behind Gold, Others Bitcoin’s price is $58,166, down 21% from its all-time high in March. Gold, on the other hand, has recently reached a new all-time…
Moo Deng, a baby pygmy hippo, has become an internet sensation, leading to the creation of a Solana-based memecoin that has surpassed a $100 million market cap. One trader notably turned $1,331 into $3.4 million by investing in the Moo Deng memecoin. Her appeal has transcended individual internet users to encompass corporations including Dreamworks and UFC, which are creating memes based on the hippo. Moo Deng, a newborn Thai hippo at the Khao Kheow Open Zoo in Bangkok, has captured the hearts of many online through her cute antics. Now, she’s the star of a $100 million memecoin. The Solana…
According to filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Trump super PAC called Right For America. Their support for Trump is based on his policies being seen as beneficial to the crypto industry and startups, which they call the “little tech agenda,” according to a Bloomberg report on Oct. 16. Andreessen also gave an additional $844,600 — the federal limit for donations — to Trump’s campaign and the Republican Party. Donations Rolling In Earlier this month, Horowitz made a surprising announcement that he would also be making a…