Author: NBTC

Tuum Technologies enhances MetaMask with Identity Snap for DIDs and VCs on Hedera, promoting self-sovereign identity. The integration aims to foster broad adoption and streamline identity management across the blockchain ecosystem. According to the latest Ecosystem News from the HBAR Foundation, there’s been a groundbreaking development on the Hedera network, marking a significant advancement within the blockchain sector. Tuum Technologies has announced the integration of Identity Snap with MetaMask, targeting developers who are keen on developing Digital Identifiers (DIDs) and Verifiable Credentials (VCs) on the Hedera network. This collaboration represents a major step forward in promoting the concept of self-sovereign…

Nayib Bukele started his second term as President of El Salvador yesterday, continuing his administration’s pioneering efforts in cryptocurrency adoption. Since September 2021, Bitcoin has been the official legal tender in the South American country. As a reminder, in his first term, Bukele has reaffirmed his commitment to purchasing one BTC daily into a cold wallet until the cryptocurrency can no longer be technically acquired. Max Keiser, a big supporter of Bitcoin and advisor to the President, has come up with an ambitious plan for El Salvador during Bukele’s second term. Keiser thinks that the country’s wealth will be more…

The Cosmos Hub has recently approved signaling proposal 897. It marks a significant milestone in the network’s evolution. This approval added a new security measure, ICS 2.0: Partial Set Security, to the Cosmos ecosystem in response to the need for improved validator flexibility and autonomy. 🗳️ @cosmoshub signaling proposal 897 has been approved, introducing ICS 2.0: Partial Set Security (PSS) to Cosmos 🎉🔄 Validators now have the choice to participate in consumer chains, enhancing flexibility and autonomy.New features like opt-in and top-n consumer chains will… — Stakely (@Stakely_io) April 15, 2024 Top-n Chains Set High-Security Standard in Cosmos Ecosystem Validators…

Film.io aims to bring filmmakers and fans closer to the creative process by forming blockchain-based communities. Launched in 2022 by Consensys, VillageDAO harnesses the power of Web3 communities to provide customer support and service to dApp users and developers. Ethereum developer Consensys has announced that Film.io, a startup that uses crypto power to democratize the Hollywood studio system, will be the first partner to join VillageDAO, a smart contract framework and service provider for Web3 communities, formed within ConsenSys back in 2022. Ethereum brings together a vast ecosystem these days, and decentralized autonomous organizations (DAOs) have had the power to…

Since February 2024, Bitcoin (BTC) has traded in a price range between $60,000 and $72,000, with two deviations. This has carved a mostly neutral momentum for the leading cryptocurrency, now seeing its trading and transaction volume fade away. Finbold retrieved data from Santiment on June 2 showing both metrics with the BTC price, currently at $68,100. In particular, the seven-day trading volume plummeted below $14 billion to the same level as 2023, when Bitcoin traded below $30,000. Moreover, the chart evidences a lack of interest in Bitcoin trading and on-chain transaction volumes, with the second remarkably low. As observed, the…

Key Points: Curve founder Michael Egorov prioritizes veTokenomics and market stability through safer lending and educational initiatives. Egorov actively mitigates risks from borrowings, using strategic transactions amid ongoing market challenges. Curve Finance previously faced a $60 million exploit in 2023, prompting Egorov to repay significant debts and reinforce platform resilience. Curve founder Michael Egorov has reaffirmed his dedication to enhancing the platform’s resilience following recent market turbulence impacting CRV prices. Curve Founder Michael Egorov’s Commitment to Curve Finance’s Resilience Amid Market Turbulence Egorov emphasized his commitment to advancing Curve through innovative veTokenomics game theory, particularly focusing on veCRV applications. In…

The tension between Iran and Israel over the weekend caused sharp declines in Bitcoin (BTC) and altcoins. During this decline, there were investors who panicked and sold, as well as investors who turned the decline into an opportunity. At this point, a fresh whale turned the decline into an opportunity and purchased 16 altcoins worth $17.43 million from Binance. According to Lookonchain’s post, the fresh wallet from Binance includes Avalanche (AVAX), FET, GRT, Polygon (MATIC), OP, RNDR, DOT, FTM, Chainlink (LINK), Dogecoin (DOGE), PENDLE, GALA, GHST, AEVO, It purchased DYDX and PEPE. “Which altcoins did whales buy after the market…

Helio has made a set of upgrades to its Solana Pay Shopify plugin, the crypto payments company announced Thursday morning. The plugin allows businesses on the e-commerce platform to accept payments via the Solana network. The plugin charges a 0.75% transaction fee, which is lower than the 1.5 to 3.5% typically charged by credit cards. The new version of the plugin adds “hundreds” of cryptocurrencies that can be used for payments. A video of the possible cryptocurrencies shared with Blockworks included bitcoin, ether, solana, PayPal’s PYUSD, and memecoins including ORE and MOTHER. The plugin only accepted USDC previously. Using Jupiter,…

Blockstream CEO Adam Back has criticized Coinbase over its handling of Bitcoin donations for Trump’s campaign. Donald Trump’s campaign has started accepting Bitcoin donations processed via the Lightning Network. Adam Back accused Coinbase of sidelining Bitcoin to promote altcoins instead. Discover why Blockstream’s CEO Adam Back accuses Coinbase of neglecting Bitcoin in favor of altcoins, as Trump’s campaign adopts BTC donations via the Lightning Network. Trump’s Campaign Embraces Bitcoin In a groundbreaking move, former US President Donald Trump’s campaign has started accepting Bitcoin (BTC) donations, utilizing the Lightning Network to process payments. This shift signifies a notable endorsement of cryptocurrency’s…

Zapper, a leading DeFi aggregator and portfolio management tool, has launched the first component of the Zapper Protocol, introducing a new interpretation layer aimed at improving on-chain data accessibility and understanding. Zapper Introduces New Protocol for On-Chain Data Interpretation This innovative layer will enable users to contribute as event interpreters and position interpreters, each playing a key role in converting complex blockchain data into user-friendly formats. Founded in 2020, Zapper attracted great attention in 2021 with a $15 million Series A funding round led by Framework Ventures and featuring high-profile investors such as Mark Cuban and Ashton Kutcher’s Sound Ventures.…