Author: NBTC
Anatoly Yakovenko, the founder of Solana, commonly known as “Toly,” has shared his perspective on the key challenges related to the interaction between blockchain hardware and software. In his recent post on X, he pointed out that the core distinction between Solana’s approach and Ethereum’s lies in how they handle congestion. From Solana’s viewpoint, when global resources become saturated, relying on price discovery (i.e., raising transaction fees) is not an effective solution. Instead of depending on increased fees to manage congestion, Yakovenko emphasized the need to scale hardware to meet rising demand. If the software doesn’t permit validators to enhance…
Yellow Card, a prominent fiat-to-crypto platform in Africa, has partnered with Lightspark to integrate Universal Money Address (UMA) into its ecosystem. The collaboration introduces UMA-enabled cross-border payments to 20 African countries via Yellow Card’s Payments API and Lightspark Extend. This partnership aims to offer businesses and individuals in Africa fast and cost-effective payment options, encompassing fiat, Bitcoin, and mobile money transactions. Powering the Future of Payments in Africa. 🙌 @lightspark has integrated Yellow Card’s Payments API, enabling seamless cross-border payments across 20 African countries. 🥳🥳💡Read more here on what this means:https://t.co/pJ4ytY8o5O — Yellow Card App (@yellowcard_app) December 9, 2024 The…
Aura Network is introducing a next-generation blockchain infrastructure to address the dynamic needs of enterprise operations and digital transformation. As businesses increasingly prioritize efficiency, scalability, and security, the network delivers solutions designed to optimize performance in fast-evolving markets. A new state of Aura Network has arrived, where we are transforming how enterprise and entertainment thrive with decentralization.Discover our vision 🧵 pic.twitter.com/nPjMqADuOB — Aura Network (@AuraNetworkHQ) December 9, 2024 Aura Network provides a robust framework that integrates seamlessly with existing systems. Its advanced technology stack enables businesses to handle large-scale transformations by enhancing operational efficiency, safeguarding sensitive data, and supporting rapid…
Tucker Carlson believes Bitcoin can empower protests by allowing funding outside government control, unlike traditional banks. Carlson sees Bitcoin as a tool to challenge financial systems, but converting it into cash still poses challenges. The Bitcoin Amsterdam Conference highlights Bitcoin’s role in decentralization, with leaders like Jack Mallers and Elizabeth Stark sharing insights. Tucker Carlson shared his thoughts on Bitcoin’s impact on government control. He emphasized that digital currencies, particularly Bitcoin, could be essential in defunding centralized institutions’ power over money. This, he claims, could protect efforts to challenge government authority, including funding movements that can’t be defunded. Carlson argued…
Collateral, and in particular over-collateralization, is a fundamental mechanism that’s necessary to secure all lending and borrowing activities in decentralized finance. Collateralization is essential for DeFi and the basic concept is simple enough. By depositing more capital than you intend to borrow, the process protects lenders from the risk of the borrower defaulting. The only benefit for borrowers was that collateral allows them to access loans in the first place, but newer protocols like Dolomite are emerging that can extend the benefits of over-collateralization to both sides. What is over-collateralization? In the DeFi ecosystem, protocols cannot utilize traditional credit scoring…
Ethereum’s price is in a critical zone near $4K, facing resistance but also showing signs of consolidation. While the market remains bullish overall, short-term fluctuations within the $3.5K-$4K range are expected before a potential breakout or deeper pullback. Technical Analysis By Shayan The Daily Chart Ethereum has made impressive progress, surging toward the psychological $4K resistance region. This price level coincides with Ethereum’s yearly high and is a strong area of selling pressure. Recently, the rejection at this line has caused a slight decline, signaling that the resistance is proving difficult for buyers to overcome. After the correction, the market…
Shiba Inu, the dog-themed cryptocurrency, has recorded a 367% jump in burn rate, sending over 11.5 million SHIB to dead wallets. According to Shibburn’s update, the burn occurred only in two transactions. Shiba Inu community efforts and SHIB supply overview Within the last 24 hours, the community incinerated a total of 11,696,177 SHIB to control the circulating supply. The first transaction saw 3,271,537 SHIB incinerated, and a second transaction occurred hours later. The second, more than twice the first, saw 8,424,639 SHIB sent to a dead wallet, completing the day’s transaction. As it stands, Shiba Inu’s total supply is 589,268,792,658,296,…
Zodia Markets, backed by Standard Chartered, has received a new operational licence from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage. Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited. Targeting the Middle East “Digital asset adoption continues to accelerate across Africa and the Middle East (AME), which makes this the ideal time to deepen our presence in the region while reiterating our commitment to building in major financial hubs worldwide,” said Ayad Butt, Senior Executive…
Ethereum (ETH), the largest smart-contracts blockchain, for years has had a scalability issue. As more users joined the Ethereum ecosystem, the network became more expensive and slower to use. To solve part of that issue, starting in 2019, Ethereum community members came out with their own scaling solutions, called layer 2s, or rollups. Optimism (OP) was one of the first on the market. Now, Optimism’s technology is widely used by many entities to create their own layer-2 networks. In 2024, Kraken, Uniswap, World Network (formerly Worldcoin) and Sony’s Blockchain Lab all tapped Optimism’s tech to create their own scaling blockchains.…
The price of major cryptocurrency Bitcoin (BTC) is once again the main attraction, as it always is, to be honest. New day, new reason, and this time it is the fact that the price has made its way back above the crucial level of $60,000 per BTC. Having lost this point during the news-driven massacre on the cryptocurrency market worth at least $180 million yesterday, the price of Bitcoin briefly found itself as low as $58,946, according to the Binance chart. However, buyers showed their hand, and over the next 12 hours, this imbalance, as they see it, was restored,…