Author: NBTC
Hedera has partnered with South Korea’s Shinhan Bank to revolutionize Finance. The HBAR Foundation is deepening its foothold in the Asian market. Hedera Hashgraph (HBAR) has grown to become a force to be reckoned with in the finance industry. In a recent development, the HBAR Foundation announced the launch of South Korean Won (KRW) as a Real World Asset (RWA) on the Hedera network by the Shinhan Bank. Shinhan Bank Completes Pilot Phase As previously reported by Crypto News Flash, this pilot phase is a continuation of Shinhan Bank’s Proof-of-Concept (PoC), which began in 2021 when it partnered with Standard…
The creator of interoperability blockchain Polkadot (DOT) says that one use case for the blockchains is crucial for their mass adoption. In a new interview on macro guru Raoul Pal’s podcast, Polkadot creator Gavin Wood says that proof of personhood – or a mechanism that digitally verifies a person’s humanity – could be the killer blockchain application that triggers widespread adoption. “What I’ve come to think about in this regard [during] the last couple of years is that blockchains have so far only really mastered doing scale of value – money basically. They haven’t mastered the concept of personhood, it’s…
Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March before the digital currency rallied to new heights. The flagship crypto touched a low of $59,658 before modestly recovering to around $60,800 as of press time, based on CryptoSlate data. Bitcoin was clinging to the $60,500 support level after a slowdown in sell pressure, with bulls attempting a potential recovery above $61,000. Market turbulence The drop comes at a time of general market turbulence, with both Bitcoin and traditional equity markets showing signs of strain.…
In an unexpected turn of events within the cryptocurrency community, the founder of Cardano has recently expressed an interest in Bitcoin offshoot, Bitcoin Cash (BCH). This unexpected development has sparked speculation and curiosity among crypto enthusiasts, as the Cardano’s founder’s attention turns toward a different cryptocurrency project. Charles Hoskinson, the visionary behind Cardano, expressed interest in Bitcoin Cash (BCH) on social media, catching many by surprise. In a tweet, Hoskinson expressed interest in the Bitcoin Cash road map, requesting anyone in the community to explain what’s going on in the developer community and some of the BCH project’s near-term priorities.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The first smart contract blockchain, Ethereum, was monolithic by design, meaning it manages its own execution, settlement, consensus, and data availability. Over the years, new decentralized applications developed, leading to increased demand for blockspace. When the demand for blockspace is more than its supply, the constrained availability restricts the range of potential applications, causing a significant impediment to utility and widespread adoption. You might also like: Decentralized payments is a gateway to economic development | Opinion This…
Bitcoin prices suffered some notable losses today, repeatedly approaching $60,000 and dropping to their lowest value in several weeks. At the time of this writing, the digital currency was trading close to $61,300, according to figures from CoinMarketCap. After these latest declines, what’s next for the digital currency? Several experts weighed in, commenting on the cryptocurrency markets and offering technical analysis. These latest price movements materialized a few days before the upcoming 2024 halving, which is set to take place two days from now and will see bitcoin’s rate of new supply drop to 450 units per day instead of…
While the cryptocurrency market rose led by Bitcoin after the weak employment report from the USA, analysis company CryptoRank identified the altcoin networks with the highest number of users in April. Bitcoin price has increased by approximately 7% in the last 24 hours and is traded at $ 63,257 at the time of writing this article. Here are the altcoin networks with the most users and their number of users in April: Tron (TRX) – 54.7 million Near (NEAR) – 53.8 million BNB (BNB) – 35.5 million Solana (SOL) – 35.2 million Polygon (MATIC) – 33.6 million Ethereum (ETH) 12…
Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability. While many Layer 2s are working to scale Layer 1s like Bitcoin and Ethereum by improving throughput and reducing transaction fees, protocols like Union enable both—interoperability at scale. The need for blockchain interoperability Whatever your opinion on the WEF, its 2020 whitepaper on blockchain interoperability hit the nail when it stated, “Organisations do not want to find…
The synergy between renewable energy initiatives and bitcoin represents major opportunities towards sustainable technological advancement. This integration opens new pathways for sustainability and enhances economic viability of renewable energy projects. Companies like OceanBit and Sazmining show how this partnership can drive innovation and foster environmental stewardship. OceanBit’s focus on ocean thermal energy, combined with bitcoin mining, offers a promising solution to the intermittency challenge of renewables. In comparison, Sazmining’s utilization of wasted energy from hydroelectric projects demonstrates how stranded and wasted energy can be utilized to build out renewables. Green bitcoin is leading the way in the booming high-intensity compute.…
nDapp.org has completed its Gleeder integration, offering users an alternative frontend to the official page when using the service. The update is intended to increase accessibility and awareness of Gleeder, a tool that helps users swap NEO into GAS without needing GAS to pay for the transaction beforehand. This marks the third major Neo on-chain tool integration for nDapp users, following the introduction of governance voting and token swapping capabilities via Flamingo. Gleeder is designed to facilitate transactions for first-time users of the Neo N3 blockchain. Addresses that migrated NEO from Legacy or bought tokens from an exchange can start…