Author: NBTC
The event will give a total prize pool of 10,000,000 $AIGT tokens, or 1.4% of its entire token supply. With 8,000,000 $AIGT, the worker rewards pool is the biggest, followed by the community questing rewards pool with 2,000,000 $AIGT. Axlflops, a leading AI computing network, has announced the launch of its inaugural community rewards program and its Token Generation Event (TGE). The event will give a total prize pool of 10,000,000 $AIGT tokens, or 1.4% of its entire token supply. The rewards program, which will begin on January 22 and continue until March 22, intends to encourage GPU providers and…
Bitcoin-Nasdaq correlation reached its highest level in two years, as the release of US inflation data bolstered digital asset performance. Bitcoin and US tech stocks now have a 30-day correlation coefficient of 0.70. The crypto and stock markets surged following the release of the inflation report The Bureau of Labor Statistics released the inflation report on Wednesday. Since then, the stock and crypto prices have made several gains. Following the inflation report, S&P 500 and Nasdaq futures gained over 1%, while Bitcoin surged by more than 2.6%. The report showed that the consumer price index increased by 0.4% month-over-month, bringing…
Michael Saylor, executive chairman at business intelligence firm MicroStrategy, recently urged Mohamed El-Erian, the chief economic adviser of Allianz, to buy Bitcoin. During his recent appearance on CNBC, the former PIMCO boss stated that the recent economic data was “somewhat stronger” and “somewhat hotter” than initially anticipated. This has been a “consistent theme,” according to El-Erian. The economist took aim at the Fed for being too dependent on the data. He also added that the Fed might be fine with inflation staying in the 2.5%-3% range, which is slightly above the oft-repeated 2% target. “Inflation expectations are stable. We don’t…
io.net, the decentralized GPU compute network, has announced that it has achieved SOC 2 compliance. The milestone underscores io.net’s commitment to delivering enterprise-grade security and operational transparency, solidifying its position as a trusted partner for businesses adopting decentralized infrastructure. SOC 2 compliance is a gold standard for data security, certifying that an organization meets rigorous criteria for safeguarding sensitive information. By achieving this certification, io.net validates its ability to protect enterprise data through robust security controls, standardized processes, and auditable transparency. This builds trust with enterprises seeking solutions that align with stringent compliance requirements. It also establishes safeguards for sensitive…
The price of Bitcoin topped $100,000 Wednesday, surpassing the psychological mark for the second time since the Federal Reserve’s hawkish outlook put pressure on risk assets. When the U.S. central bank signaled in December that it would cut interest rates at a slower pace this year, Bitcoin tumbled from its peak price above $108,000. As signs of strength in the U.S. economy deepened inflation concerns, Bitcoin’s price fell below $90,000 on Monday. Showing a nearly 4% gain over the past day, Bitcoin is trading hands at $100,444, as of this writing. Wednesday’s jump followed a fresh inflation snapshot from the…
Paris, France — The Tezos blockchain has reached a new milestone with the activation of its 17th protocol upgrade, Quebec, marking significant advancements in speed, security, and sustainability. Developed by Nomadic Labs, Trilitech, and Functori, Quebec reflects Tezos’ commitment to continuous innovation through its unique self-amending and community-driven governance.—Key HighlightsFaster Transactions: Block time reduced to 8 seconds, achieving 16-second transaction finality.Enhanced Staking: Bakers can accept more external stake, with staking rewards tripling compared to delegation.Optimized Economics: Staking rewards adjusted to minimize inflation while ensuring security.This upgrade delivers faster transactions by reducing Layer 1 block times from 10 seconds to 8…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory. MicroStrategy: The Torchbearer of Corporate Bitcoin Adoption MicroStrategy, led by Michael Saylor, has become synonymous with corporate Bitcoin adoption. Though ranked only 220th globally by market capitalization, the company’s influence on the Bitcoin market is disproportionate. In 2024 alone, MicroStrategy acquired 257,000 BTC—exceeding the total Bitcoin mined that year (218,829 BTC). The…
Jupiter, a leading decentralized finance (DeFi) protocol on Solana, has announced the details of its much-anticipated Jupuary airdrop. According to a statement shared on X, the claim process for the airdrop, which includes $575 million worth of JUP tokens, will go live on Wednesday at 3:30 PM UTC. Jupiter Airdrop Claim Details To celebrate the launch, contributors Kash Dhanda and Mei will host a special J.U.P Rally, welcoming participants to the “Jupiverse.” The project’s team highlighted that participants will have three months to claim their tokens, allowing flexibility to avoid network congestion or high gas fees. Important guidelines include: “Quick…
Oklahoma joins Texas, Pennsylvania, Ohio, New Hampshire and North Dakota in having Bitcoin reserve proposals. State savings accounts and pension funds will have the nod to invest in BTC if the bill passes. Oklahoma is the latest US state to eye a strategic Bitcoin reserve after Rep. Cody Maynard officially introduced a ‘Strategic Bitcoin Reserve Act.’ On Wednesday, January 15, 2025, Rep. Cody Maynard, announced the introduction of the groundbreaking proposal that could see Oklahoma embrace sound money with addition of BTC to state’s strategic reserve. “Bitcoin represents freedom from bureaucrats printing away our purchasing power,” Maynard said. “As a…