Author: NBTC
Taiko Alethia, a leading blockchain innovator, has recently announced the launch of the most-awaited upgrade known as “Pacaya Hardfork.” As per Taiko Alethia, Pacaya Hardfork’s mainnet launch denotes a landmark development in fulfilling its objective to provide a completely native rollup with improved transfer confirmation abilities. The platform revealed this upgrade in a series of X posts. The Pacaya Hardfork, a crucial step toward based preconfirmations, is coming to the Taiko Alethia mainnet next week. This marks one of the most important milestones for Taiko to date.Let’s take a closer look at what’s about to happen.1/🧵 pic.twitter.com/QilzJ635S3 — Taiko.eth 🥁…
One of the wealthiest men in Mexico and the world has recommended exposure to Bitcoin over real estate, calling the latter an expense. Specifically, Ricardo Salinas Pliego, the fifth richest man in Mexico, gave first-hand expert investment advice on his X handle on Monday. In the post, he suggested that he finds buying Bitcoin, the largest cryptocurrency by market cap, a more astute venture over real estate. Real Estate Is Bad Investment: Pliego Owing to his affluence, the billionaire has had his fair share of investment ventures. Pliego founded Grupo Salinas, a conglomerate with its toes in media and telecommunications.…
A blockchain address believed to be linked to the Lido team transferred over 21 million Lido DAO (LDO) tokens to centralized exchanges last week, causing concerns among investors as the token’s price dropped sharply. Dubious Lido Team-Linked Wallet Transfers $21 Million Worth of LDO to Exchanges Amid Price Drop According to blockchain analytics platform EmberCN, the wallet moved 3.5 million LDO (worth around $3.1 million) to Binance, OKX, Bybit, and Gate.io today alone. This brings the total amount transferred over the past six days to 21.31 million LDO, worth around $21.24 million at the time the transactions were made. During…
Ripple said it signed on two new UAE-based customers, Zand Bank and Mamo, as it expands Ripple Payments, the firm’s blockchain-based cross-border payments platform, in the region. The agreements follow Ripple securing a license from the Dubai Financial Services Authority (DFSA) in March, allowing it to manage global payments end-to-end for banks, fintechs and crypto firms. “Securing our DFSA license enables Ripple to better serve the demand for solutions to the inefficiencies of traditional cross-border payments,” Reece Merrick, managing director for Middle East and Africa at Ripple, said in a Monday release. Zand Bank said the partnership aligns with its…
Base Chain, Coinbase’s layer-2 blockchain network launched in 2023, is doing well. Its key metrics are jumping, and market share growth continues. Nansen data shows that Base has solidified its position as the biggest player in the layer-2 industry. Its weekly transactions jumped by 27% to 65.9 million, much higher than Ethereum’s (ETH) 9.4 million. Base’s active addresses jumped by 42% in the last seven days to 9.7 million, higher than Ethereum’s 2.14 million. It has also overtaken other popular layer-2 networks like Arbitrum, Polygon, and Optimism. Base Chain metrics | Source: Nansen More data by DeFi Llama shows that…
Bitcoin maxis say, “Never sell your Bitcoin.” They repeat it when the market crashes to urge people not to dump their BTC in a loss out of panic and fear. They repeat it when the price is going up because they believe that no matter how high the cost is in relation to previous levels, it is still negligible in comparison to the future levels. So if they never sell, why do they care about its price (oh, they do)? Table of Contents The message behind HODL “Never sell Bitcoin to whales” A man who claims he will never sell…
On May 15, Ripple announced the launch of its second pilot of the year with Mercy Corps Ventures, working in partnership with traceability technology provider WËIA, to advance agricultural finance in Colombia. The initiative is part of Ripple Impact’s broader “Unlocking Opportunity” program and focuses on using blockchain technology to improve the livelihoods of smallholder farmers. The pilot uses WËIA’s traceability platform, built on the XRP Ledger, to track the production of agricultural goods, specifically panela, a traditional unrefined cane sugar, from planting to harvest. The system assigns each product a QR code that offers verifiable information, meeting the growing…
SunPump memecoin launchpad has partnered with BingX, adding to its growing list of CEX collaborations and ecosystem-wide initiatives aimed at boosting TRON memecoin ecosystem. In its official May 19 post on X, SunPump, a memecoin launchpad built on the TRON (TRX) blockchain, announced it had partnered with BingX, the twelfth top centralized crypto exchange, according to CoinMarketCap rankings. While the specific details of how BingX will support SunPump’s memecoin ecosystem are unclear, the announcement said that the aim of this partnership is to “boost the visibility of TRON meme projects, unlocking new opportunities for liquidity, community engagement, and cross-ecosystem synergy.”…
Cryptocurrency and blockchains have long promised to reinvent finance—but digital assets have, to date, been characterized by extreme volatility. To alleviate this risk, developers are turning to the physical world—tokenizing assets like gold, oil, and real estate to give digital currencies real backing and lasting value. In this article, we’ll explore the tokenization of real-world assets, and what it means for the blockchain industry. What is tokenization? Before a real-world asset can be used to back a digital asset, it has to be tokenized. Tokenization is the process of creating a digital representation, or token, of an asset on the…
Prominent cryptocurrency trader and entrepreneur Willy Woo has taken to X to share his take on the future expansion of Bitcoin’s dominance on the crypto market. Willy Woo’s BTC dominance rise prediction Woo left a comment under an X post recently published by another renowned trader, Benjamin Cowen. This trader highlighted the Bitcoin dominance rising to 65.03%; this metric reflects the share of Bitcoin’s market capitalization in the overall cryptocurrency market. This is a significant increase compared to 2022, when this important metric showed 45% domination. This rise indicates a substantial increase in Bitcoin’s control over the crypto market. This…