Author: NBTC
Osmosis, a decentralized exchange (DEX) built for the Cosmos blockchain ecosystem, has opened a bridge to the Bitcoin network, as part of a pivot toward the world’s largest cryptocurrency. The decentralized autonomous organization (DAO) that governs Osmosis voted in favor of adopting Bitcoin bridge Nomic in June. The integration went live on Tuesday. Nomic’s bridge now enables users to deposit their BTC on the Bitcoin network in return for a token called alloyed BTC (allBTC) on Osmosis. “In leveraging Nomic’s decentralized custody engine and offering zero-fee transactions, Osmosis is becoming a decentralized Bitcoin exchange,” a spokesperson told CoinDesk in a…
A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university’s law department. Jabłoński explained that the smoke resulted from a short circuit in the mining devices, which were wirelessly connected to external systems via routers. Police responding to the scene found multiple devices consuming substantial amounts of electricity, all covertly installed and linked to the university’s electrical system. “The smoke resulted…
Samson Mow, Bitcoin maximalist and the boss of JAN3 company that helps nation-states to adopt BTC, has published an ultra-bullish BTC message on the X social media platform. Mow also accompanied his tweet with a picture to illustrate his thought as best as possible. Mow revisits his ultra-bullish Bitcoin prediction Samson Mow tweeted “Omega is inevitable,” adding a photo of a big lit green candle with capital letters on it saying “OMEGA.” Omega is inevitable. ♎️ pic.twitter.com/yVvYHvdXqp — Samson Mow (@Excellion) October 14, 2024 In one of the tweets published earlier, the JAN3 CEO explained that an Omega candle would…
Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024. At press time, Bitcoin was trading at $96,044,00 — with year-to-date (YTD) gains standing at 127.15%. In contrast, Ethereum’s returns thus far have been twice as small, at 62.01% on a YTD basis. However, on December 4, ETH surpassed a critical threshold — reclaiming and shooting past its monthly open, with prices reaching levels slightly above the $3,800 mark…
Cardano and Bitcoin integration may announce updates at the Cardano Summit. Rumours of what the updates could be leads to major excitement in the crypto space. ADA and BTC price could pump significantly with ADA at $10 ATH. The crypto space is a buzz with what could be one of the biggest network collaborations in the crypto space. Cardano has long since been working on a mainnet integration with the pioneer blockchain technology in the crypto space, the Bitcoin network. The testnet launched a few months ago bringing ample opportunity for both networks. Could we see Hold $BTC Earn $ADA?👀POW…
Over the weekend, a lively discussion swept through social media as cryptocurrency enthusiasts dissected a Wall Street Journal article declaring that the U.S. “war against crypto is over” with Donald Trump’s return. Trump’s Return and the End of the Crypto Crackdown? WSJ Article Stirs Debate An article in the Wall Street Journal (WSJ) suggests that the U.S. Securities and Exchange Commission (SEC) may ease up on its legal battles against crypto exchanges once Donald Trump returns to the White House. Although President-elect Trump has yet to reveal his choice for the next SEC Chair, the buzz is that multiple contenders…
Stratos Jets, a Florida-based private jet franchise, has partnered with payments provider BitPay to enable cryptocurrency payments. On Dec. 3, Stratos Jet announced its collaboration with BitPay, a U.S.-based cryptocurrency payments platform, to allow users to pay for private charters using digital assets. The move aligns with increasing adoption of cryptocurrencies and follows significant gains in the market amid growing regulatory clarity. Even in the U.S., where outgoing SEC Chair Gary Gensler’s anti-crypto stance had slowed adoption, a shift appears imminent as Gensler prepares to step down in January. Read more: MoonPay, BitPay partner to simplify crypto transactions Stratos noted…
Crypto X (formerly Twitter) lit up last night following BlackRock CEO Laurence Fink’s prediction that bitcoin “will become as big as the US housing market.” The only problem is, he never actually said that. The confusion stemmed from a DLNews report that claimed Fink made the comment during a BlackRock earnings call last Friday. However, the outlet has since published a correction on the story and clarified that, “Fink was referring to BlackRock mortgage products he didn’t name.” Despite the misreport, Fink’s sentiment during the call was still bullish on bitcoin. He said that regardless of which presidential candidate is…
Ethereum developer Justin Drake said his comprehensive proposal to overhaul the second-largest blockchain’s consensus layer isn’t about catching up with a rival, it’s about sticking around for the long haul. Drake unveiled the proposal, known as the Beam Chain, at Ethereum’s biennial Devcon gathering in Bangkok last month, at a time when the network’s native token ETH is lagging behind its counterparts at other major layer-1 blockchains. The Ethereum network enjoyed wide adoption over the last few years, making it more expensive and slower to use. In response, a cohort of layer-1s, known as “Ethereum killers,” emerged in 2020 to…
Tomarket, a leading player in the Telegram gaming ecosystem, crossed a major milestone as its user base rose to over 40 million. This milestone occurred just days ahead of the network’s Token Generation Event or airdrop, which will allow users to convert their coins into fiat currencies. The TGE will take place on Oct. 31 and will be available only to users with a tomato emoji and those who have reached the bronze level. Tomarket has seen strong growth, fueled by the popularity of Telegram games and tap-to-earn games. It surpassed 1 million users five days after its launch in…