Author: NBTC
AltLayer introduces the second stage of ALT staking, which will allow the dual staking function for users to stake ALT, along with ETH and LSTs. Dual stakers will come in for rewards from the forthcoming Xterio ecosystem rewards. MACH functions as an AVS, wherein users can allocate ETH and LSTs. The economic collateral kept side for harnessing MACH is utilized to attest to the viability of the said rollup’s condition. This brings about a quick finality layer for rollups. MACH, created as an overlay network, offers accelerated pre-confirmations and economic support through restocking. In the way of finality, MACH provides…
It is just as likely that the Securities and Exchange Commission will reject a spot Ethereum exchange-traded fund (ETF) next month as it is to approve it, according to JP Morgan analysts. Pointing to the regulator’s recent actions against Ethereum-related entities, analysts at the bank said in a Thursday note that things do not look good for approval. The analysis continues an increasingly pessimistic market sentiment regarding the potential new investment vehicle. “In our opinion the recent news that the SEC is investigating firms associated with the Ethereum Foundation is also consistent with the view that there is no more…
The gaming industry is undergoing a landmark shift with the unveiling of Immutable Nexus by Immutable. It sparks widespread anticipation and interest in the community. This innovative gaming ecosystem is revolutionizing gaming chains. In addition to this, it incorporates Dedicated zkEVM chains, powered by Polygon, as well as a variety of cutting-edge advancements. Introducing Immutable Nexus – The Ecosystem of Gaming ChainsMany AAA game studios require their own chain due to their size and need for complex capabilities.As always, Immutable is here to deliver… pic.twitter.com/MS7aDZAG4C — Immutable (@Immutable) April 10, 2024 Immutable Nexus Enhances Scalability and Monetization Immutable Nexus is…
Following a remarkable surge that propelled Bitcoin to an all-time high of $73K, the price encountered significant selling pressure, resulting in a rejection. However, after undergoing a period of corrective retracement, the price has found a firm foothold within a crucial support region, potentially putting a halt to the prevailing downtrend. Technical Analysis By Shayan The Daily Chart A comprehensive analysis of the daily chart reveals that Bitcoin’s impressive rally led to the breach of a significant resistance zone marked by its previous all-time high of $70K, ultimately reaching a new peak at $73K. However, intensified selling pressure emerged, likely…
The non-profit organization TON Foundation and the HashKey Group company announced a strategic partnership. As part of the partnership, it is planned to improve the availability of cryptocurrency services for the Asian crypto community. It is expected that during the partnership, TON and HashKey will simplify the conversion of fiat assets into digital ones and vice versa for users of the Telegram crypto wallet. The TON Foundation and HashKey will also continue to operate a program called TON Bootcamp. It supports new and interesting projects in the TON network. The company behind the crypto exchange of the same name also…
In a recent post on the X social media network, Ripple CEO Brad Garlinghouse railed against bad actors who impersonate him in order to scam social media users. The executive says that his company is “fighting back” against the “pathetic lowlifes” who are trying to use his identity for nefarious reasons. Garlinghouse attached a fun video clip that features his doppelganger in plaid pajama pants. The doppelganger is promoting a popular giveaway scam that aims to deceive gullible users by promising them to return double the amount of crypto they sent to the fraudster’s wallet. “Ripple will never ask you…
The status of Ethereum options for the end of May suggests that investors are unsure about the approval of a spot Ethereum ETFs anytime soon. According to market analysts, this uncertainty leads to the expectation of significant price fluctuations. YouHodler Market Chief Ruslan Lienkha Lienkha said this increased skepticism is also evident in derivatives markets: “Ether options expiring at the end of May show us a significant volatility increase in the $3,600 strike price region. “A possible exceedance of this price level by the spot market will be accompanied by high volatility.” Lienkha also added that the implied volatility curve…
Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless Opportunities Event, inviting web3 startups to apply for a chance to secure resources and support to bring their products to market, as reported by the company. The program aims to provide eligible web3 startups access to tools, funds, and connections to navigate the blockchain industry and successfully launch their offerings. According to Permissionless Capital, applications for the event can be submitted in just 90 seconds, with no fees or pitches required. The company expects dozens of startups to apply for the inaugural Permissionless Opportunities Event, with…
As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more than ever before. Additionally, post the 2028 halving, miners will receive 1.5625 bitcoin per block as rewards, marking the final occasion that a whole bitcoin will be part of the reward subsidy following the 2032 halving. Only 1.34 Million Bitcoins Left to Mine This year marks a significant milestone for bitcoin (BTC), as its availability is set…
As Solana faces another outage, crypto.news talks with experts about its impact and what it could mean for the system’s future. Since its inception, the Solana network has emerged as a leading player in the blockchain scene, promising lightning-fast transactions and low fees. However, behind its meteoric rise lies a series of outages that have raised questions about its dominance in the proof-of-stake (PoS) scene. A historical battle with hours-long outages On Sept. 14, 2021, Solana encountered one of its first significant disruptions during the token offering of Grape Protocol, resulting in a staggering 17-hour outage. This incident foreshadowed future…