Author: NBTC
With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from block rewards. As 2025 draws nearer, it’s worth exploring the leading application-specific integrated circuit (ASIC) bitcoin miners available today and anticipating the new releases slated for next year. Hashing Powerhouses Bitcoin mining has undergone a fascinating evolution since Satoshi Nakamoto launched the network nearly 16 years ago. Back then, miners relied on home computers powered by central processing units (CPUs) to secure blocks. By the time Satoshi stepped away in 2010, the game had shifted to graphics processing units (GPUs),…
Dubai’s SEE Institute and Cardano Foundation Collaborate to Advance Blockchain-Powered Sustainability
The SEE Institute and Cardano Foundation have partnered to integrate blockchain technology into global sustainability efforts. Advancing Blockchain-Powered Sustainable Solutions The Dubai-based sustainability education and business incubation hub, SEE Institute, has signed an agreement with the Cardano Foundation to incorporate blockchain technology into its global sustainability efforts. The partnership aims to advance blockchain-powered sustainable solutions. The two entities hope the arrangement will position blockchain as an enabler of sustainable development and global adoption in key sustainability sectors. SEE Institute founder and chairman Faris Saeed said: Blockchain technology is transforming transparency and traceability within the sustainability sector. By integrating blockchain into…
Hacks of decentralized finance (DeFi) protocols have become a “full-time job” for professional attackers, according to the founder of blockchain security firm ImmuneFi. Speaking to Decrypt at Web Summit 2024, ImmuneFi founder Mitchell Amador said that DeFi hacking has become “an infinitely sustainable and viable business”—though the crypto space is “unquestionably” getting safer. DeFi hackers, he said, are “looking for more damage, more than ever—and their skills are also applicable in a number of different areas.” He explained that, “even if they’re not getting sustainable hacks over the interim, they could be doing MEV, or other ways to monetize their…
Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT’s native token, which would be released in the short term. Pudgy Penguins price on Ethereum (ETH) surged to 21.49 ETH or equal to $83.930, surpassing the Bored Ape Yacth price of 19.85 ETH or equal to $83.930. According to CoinGecko data on Dec. 09, these NFTs increased by 7.1% from 19.85 ETH in the past day of trading. Trading volume also surged almost half of the latest trading day to 2,653 ETH. 1 Day Pudgy Penguins Ether’s price chart, December…
Argentina is opening its stock market to crypto exchange-traded fund (ETF) opportunities. The Argentine SEC equivalent greenlighted the introduction of prospects to allow investments in crypto—bitcoin and ethereum—foreign ETFs under the figure of Argentine deposit certificates. Argentina Opens Its Stock Market to Foreign Crypto ETF Opportunities Argentina is opening its doors to more investment options each day under the direction of President Milei’s libertarian policies. The CNV, the securities watchdog of Argentina, announced a market-wide movement to allow the entrance of foreign investment offerings linked to several crypto ETF opportunities, including Ethereum and Bitcoin, gold, and even the Chinese stock…
Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024. TAP, with a total supply of 21 million, will go live on Bitcoin and Ethereum Tap Protocol, a decentralized finance platform on Bitcoin, has announced that its anticipated token distribution will now occur on October 23, 2024. The protocol has earlier announced the Token Generation Event (TGE) would be on Monday, October 21, 2024. However, it released an update early Monday noting that the TGE will now happen on Wednesday, October 23 at 12:00 UTC. Why the Tap Protocol TGE delay? According to…
WazirX files for a Scheme of Arrangement to resolve financial disputes with creditors and restore platform services through a transparent plan. WazirX initiates an on-chain token swap to optimize asset management while assuring users that platform security remains intact. WazirX has recalled a major update in its mission to revive its functionality and gain stakeholders’ confidence. The latest happenings have been posted by founder Nischal Shetty on his Twitter, stating that the company has submitted a filing to the Singapore court to pass an order for creditors to meet. This step opens the door to bringing a Scheme of Arrangement,…
BulbaSwap has introduced the Meme Liquidity Subsidy Program to strengthen the Morph Chain ecosystem and support promising meme projects. This initiative seeks liquidity assistance and growth incentives for emerging meme tokens, fostering innovation and community engagement. Big news for meme creator!@BulbaSwap is launching the Meme Liquidity Subsidy Program to power up @MorphL2 meme eco! With 10-15 $ETH in rewards, we’re offering:🔹 Liquidity support (up to 1 ETH/project)🔹 Bonuses for price milestones (up to 0.8 ETH)🔹 Incentives for growth:… pic.twitter.com/ejdx39GJVv — BulbaSwap (@BulbaSwap) December 7, 2024 The program versus total allocation is between 10-15 $ETH to provide a tier-based approach depending…
September 2024 brought considerable growth to the blockchain sector, driven by favorable macroeconomic conditions and regulatory advances. Bitcoin’s Layer 2 solutions stood out as the top performers, significantly outpacing Ethereum Layer 2 networks in terms of growth. According to Footprint Analytics, the total value locked (TVL) in Bitcoin Layer 2 surged by 33%, with Core emerging as the leader, commanding a 30.5% market share. 📊 September Chains Report 🔥Crypto markets gained amid favorable macro conditions and regulatory progress in September.🔹 #SuiNetwork breaks into Top 15🔹 Bitcoin L2s surge: @Coredao_Org @BitlayerLabs @rootstock_io Full report🔗https://t.co/3x4lzziQV2 — Footprint Analytics (@Footprint_Data) October 12, 2024…
Tax-loss harvesting (TLH) is a powerful tax strategy that enables investors to offset gains and save on taxes by selling assets at a loss. While crypto markets may be thriving, most portfolios contain underperforming coins or NFTs that can be strategically sold in December to reduce your upcoming crypto tax bill. What Is Tax-Loss Harvesting? Tax-loss harvesting involves selling assets—such as cryptocurrencies, Non-fungible tokens (NFTs), or stocks—when their market value falls below their purchase price (cost basis). This practice allows you to realize the loss and use it to offset capital gains or other taxable income. When Should You Tax-Loss…