Author: NBTC
Users who haven’t retrieved their assets from Terra’s Shuttle Bridge are out of luck. The platform permanently closed the bridge and burned all remaining tokens. This marks the end of Shuttle Bridge and signals Terra’s focus on evolving its infrastructure. This shutdown will impact users who have yet to retrieve assets bridged to Ethereum, BNB Chain, and Harmony. The Terra Shuttle Bridge interface was once a crucial access point for transferring LUNC and USTC assets across Ethereum, BNB Chain, and Harmony. The announcement indicates that it has now reached its final phase. On August 28th, the Terra platform reopened the…
Coinbase is intensifying its commitment to on-chain payments by acquiring the Utopia Labs team, a strategic move aimed at advancing the development of on-chain payment solutions within Coinbase Wallet. This acquisition brings Utopia Labs’ deep expertise in building on-chain payment products to Coinbase’s already strong portfolio, further fueling the company’s ambition to make on-chain payments faster, cheaper, and accessible to everyone globally.—Jesse Pollak discusses the synergies between the two platforms and how this acquisition aligns with Coinbase’s broader vision. With Base supporting on-chain developers and Coinbase Wallet serving as a gateway to onboard users, Pollak highlighted the powerful flywheel effect…
The current generation of virtual private networks (VPNs) has a problem, according to Nym CEO Harry Halpin. “They basically say, ‘Trust us, we’re not going to log or copy your data’,” he said onstage at Web Summit, “but actually they can. You just have to trust them.” Independent audits can be faked, he added, or are “not particularly trustworthy themselves.” “Two or three large VPN companies actually run most user-facing VPNs,” he explained, adding that because they’re centralized, “you’re not really making your connection private in any meaningful sense—you’re just trusting some other company with all of your network data.”…
We can’t transcend politics ‘because we have bitcoin now, bro’. Sometimes I see this kind of t-shirt or sentiment being shared online, but it’s simply misguided. Just to prove I’m not strawmanning, here’s another similar example: If you just mean “I’m not interested in politics” or you don’t like one particular party’s politics, that’s one thing, but it’s still not sufficient to secure your own liberty. As the saying goes, you may not be interested in politics, but politics is interested in you. Zooming out a little bit here Even if we abstract away from the upcoming US presidential election,…
With counting underway and Trump maintaining a considerable lead over Kamala Harris, Shiba Inu (SHIB) may turn bullish if Republican candidate Donald Trump were to win the 2024 U.S presidential election. SHIB, currently trading at $0.00001927, has already gained 11.31% in the past 24 hours, reflecting increased market interest. Trump has declared support for the digital asset sector via various speeches during his campaign and the billionaire’s son has also teased decentralized finance (DeFi) projects and tokens in the near future. Being the crypto industry’s preferred candidate for 2024, Shiba Inu could potentially benefit from Trump’s election. According to the…
Leading cryptocurrency exchange Binance has seen its researves reach a new all-time high of 25%. The metric, which measures the proportion of total cryptocurrency reserves held on the exchange, underscores Binance’s dominance within the sector. According to analysis published by CryptoQuant, the percentage of the reserves on Binance was at around 21% back in November 2023, and has surged around 4% over the past year. The only exchanges with a higher Exchange Reserve Percentage, according to the firm, is the Nasdaq-listed cryptocurrency trading platform Conbase, which has around 33% of total reserves. Source: CryptoQuant As CryptoGlobe reported, both of these…
Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana’s Position as Africa’s Carbon Market Leader Ghana’s Environmental Protection Agency (EPA) has entered into an agreement to add the country’s Ghana Carbon Registry (GCR) to a blockchain-based Internationally Transferred Mitigation Outcomes (ITMO) network. This follows an initial agreement between the two parties to operationalize the digital trading and settlement of ITMOs. Governed under Article 6.2 of the Paris Agreement, ITMOs are a form of carbon credit used to incentivize climate action and contribute to global efforts to mitigate climate change. They can be…
Dogecoin (DOGE) surged to $0.21 on U.S. Election Day, reaching a five-month high after days of hype driven by Elon Musk’s playful tweets and public appearances alongside former President Donald Trump. DOGE is up by 30% in the last 24 hours and 20.6% in the last 7 days, CoinGecko data shows. The meme coin also flipped Ripple (XRP), becoming the 7th largest crypto with a market cap of $30 billion. Although still below its all-time high of $0.73 set in May 2021, DOGE’s Election Day rally points to the lasting appeal surrounding the meme coin. Dogecoin’s Election Day spike aligns…
Bitfinex, one of the longest-standing crypto exchanges in the world, is collaborating with the Thalex platform to expand its offering of derivative instruments. Thanks to this partnership, it will be able to offer its users new opportunities to invest in the crypto market, leveraging perpetual futures and complete options. The whole is served with ample liquidity for trading, low latency, and reduced commission costs. All the details below. Bitfinex considers new derivative investment products with Thalex New features coming for Bitfinex customers The crypto derivatives market: a look at options and futures Bitfinex considers new derivative investment products with Thalex…
Dora Vota uses the anonymous MACI protocol to ensure secure decentralized governance and private on-chain communication. aMACI enhances voter anonymity and reduces collusion, advancing privacy in blockchain-based decentralized governance systems. Dora Factory has released Dora Vota, a decentralized governance and communication platform that uses advanced cryptographic protocols. Dora Vota especially combines the anonymous MACI (Minimum Anti-Collusion Infrastructure) protocol to guarantee safe on-chain communication and improve privacy. While safeguarding their identities, this creative solution lets people participate in voting procedures and act in government. It also brings encrypted communication tools, so offering a complete blockchain solution for decentralized and private contacts.…