Author: NBTC
Bittensor is bringing Ethereum Virtual Machine (EVM) compatibility to its decentralized platform, opening the door for developers to deploy smart contracts using familiar tools like Solidity, Truffle, and MetaMask. This connects artificial intelligence with traditional DeFi, creating new opportunities for innovation. As Bittensor grows, users can anticipate a rise in user-facing applications and new staking protocols, including staking pools and liquid staking, expanding options for both developers and investors. EVM compatibility on Bittensor is a game changer. Developers can deploy smart contracts using tools like Solidity, Truffle + Metamask. Bittensor bridging AI and traditional DeFi in new ways.Expect to see…
Lana Negrete, popularly known for her pro stance on crypto, has been officially appointed as the mayor of Santa Monica, California. The Bitcoin enthusiast will now be part of the Trump administration that endorsed the crypto industry during the presidential election campaigns earlier this year. Following her recent appointment, pro-crypto Lana Negrete will serve the U.S. government as the mayor of Santa Monica. Her appointment means California will have its first-ever pro-Bitcoin Mayor. Negrete is popular in the crypto arena for her support and belief in the crypto industry and its underlying technology. She has previously led initiatives to boost…
Halo, an advanced social platform, has announced its exclusive collaboration with Laniakea, a massively multiplayer online role-playing game. The partnership between Halo and Laniakea aims to expand the Web3 gaming world. The platform revealed this development on its social media account. 🌟Movement Ecosystem ⚡:We’re thrilled to announce our partnership with @LaniakeaGame! 🚀Laniakea is an open-ended MMORPG pushing boundaries on @movementlabsxyz and beyond. Stay tuned as we shape the future of Web3 gaming together! 🎮✨ pic.twitter.com/D45fF8W02D — Halo | halo.social 😇 (@HaloDotSocial) December 11, 2024 Halo and Laniakea Partner to Enhance Blockchain Gaming Experience Halo pointed out that its collaboration with…
DWF Labs is launching a $20 million fund to support the development of AI agents. This investment mirrors a similar DWF fund for meme coins, another growing industry. This news comes from a press release shared with BeInCrypto. AI Agent Fund From DWF Labs According to the press release, this new fund will support independent developers in their efforts to make AI agents. AI agents are a growing sector of the Web3 industry, and DWF Labs is encouraging them based “on their potential to drive innovation and create meaningful impact across industries such as finance, logistics, entertainment, and governance.” Andreessen…
For the third quarter of 2024, the IOTA Foundation is pleased to report substantial progress across our Technology Adoption, Ecosystem, TLIP, and Legal & Regulatory Affairs departments. During this period, our Research & Development teams and engineers have been fully mobilized on an undisclosed internal project, meaning no R&D updates are included in this report. However, further information about this initiative is expected to be shared later this quarter. Technology Adoption The Technology Adoption department continues its mission to drive the widespread use of IOTA’s distributed ledger technology (DLT) infrastructure. This quarter saw ongoing efforts in fostering key partnerships, managing…
President-elect Donald Trump’s transition team has wrapped up interviews for the Commodity Futures Trading Commission (CFTC) chair position, and Brian Quintenz, Head of Policy at a16z crypto, has emerged as a frontrunner for the position, according to a new report from Bloomberg, citing people with knowledge of the matter. Quintenz’s background in crypto policy positions him as a strong contender for the role, especially as the CFTC is expected to play a key part in regulating digital assets under the incoming Trump administration. Quintenz, who previously served as CFTC Commissioner during both the Obama and Trump administrations, oversaw the implementation…
Bitcoin is resuming its new recovery run fueled by institutional support. Will this lead to a surge to a new all-time high? Amid the short-term market correction, Bitcoin’s price remains steady at key support levels. With an intraday recovery, BTC’s price suggests the possibility of an extended rally to offset recent declines. Will this recovery result in a breakout rally that could set a new all-time high this month? Let’s explore this possibility. Bitcoin Price Analysis The second consecutive bearish candle in the daily chart caused the BTC price to drop further yesterday following the 3.69% drop on Monday. However,…
New Zealanders are not too excited about a central bank digital currency, with the Reserve Bank of New Zealand’s public consultation feedback revealing the majority view it as not important. On December 10, the Reserve Bank of New Zealand (RBNZ) released the results of its public consultation on a potential CBDC, which garnered feedback from 500 written submissions and 18,000 survey responses. More than 70% of the respondents were of the opinion that a CBDC, which the bank refers to as “digital cash,” was not important. Further, only 16% agreed with the RBNZ’s rationale for introducing a CBDC to ensure…
Data shared by the Shibburn tracker shows that this metric has demonstrated an impressive increase both on the 24-hour and weekly time frames. The SHIB army has managed to dispose of a mammoth amount of meme coins lately. Daily and weekly SHIB burns soar According to a recent tweet published by the above-mentioned data source, over the past 24 hours, the SHIB burn rate went up by almost 129%, erasing a total of 5,771,537 SHIB. The Shibburn website shows only two burn transactions in this time frame; they carried 2,500,000 and 3,271,537 SHIB to “inferno” wallets. As for weekly burns,…
Democrat Caroline Crenshaw’s nomination for another term as a commissioner at the Securities and Exchange Commission has faced new setbacks. A planned vote by the Senate Banking Committee was postponed after Senate Banking Committee Chair Sherrod Brown delayed the vote just minutes before it was set to occur on Wednesday morning, after the committee’s GOP members had arrived. Republican senators blocked Brown’s request to waive procedural rules and hold the vote later in the day, according to a Senate aide. The delay pushed Crenshaw’s vote into the afternoon, conflicting with a Senate rule that restricts committees from meeting after the…