Author: NBTC

Immutable enhances Ethereum’s scalability for NFTs, offering zero gas fees and instant trading without compromising security. Arweave introduces permanent decentralized data storage, creating a “permaweb” for long-term access to community-driven platforms. MultiversX achieves true scalability with sharding, supporting up to 100,000 transactions per second on its EGLD-powered network. Blockchain technology is dynamic and tends to revolutionize over time. Already, many projects have efficiently mitigated the problems plaguing the industry. Immutable (IMX), Arweave (AR), MultiversX (EGLD), Flux (FLUX), and Moonbeam (GLMR) have joined forces with distinctive associations in blockchain. Immutable (IMX): Application of NFTs in Immutable Platform Current price:$1.26 Market cap:$2.02B…

Toncoin’s Masterchain hits a record 946 daily active addresses, boosting ecosystem growth. Growing TON network activity likely to drive future demand and value for Toncoin. Toncoin currently trades at $6.67, with experts eyeing the crucial $7 resistance level. Toncoin (TON), the cryptocurrency tied to the popular messaging app Telegram, is gaining attention as its Masterchain hits a record 946 active addresses daily. This milestone has contributed to a nearly 9% rise in its value, standing out amid the broader market’s downward trend. TON Masterchain Hits All-Time High CryptoQuant analyst Maartunn reports that the number of active addresses on the TON…

Hamster Kombat, the largest Telegram tap-to-earn crypto game in terms of player base, announced Tuesday through its mini app that the first season of in-game rewards will end on September 20 ahead of next week’s token launch and airdrop. According to the in-game screen, “Season 1 ends on September 20” and that players’ achievements up to that point “will be converted into HMSTR tokens.” Hamster Kombat then encourages players to “hurry up to level up” before the cutoff. The team previously shared which in-game criteria will be used to determine token allocations. In a Telegram community post shared Tuesday, the…

Camino Network, a travel industry blockchain platform, has joined Ascent, Outlier Ventures’ token launch program, as reported to Finbold on Tuesday, September 17. This partnership aims to prepare Camino Network for its highly anticipated token launch later this year. The Ascent accelerator program Ascent is a global accelerator program designed to support later-stage projects in tackling tokenization challenges. As part of the program, Camino Network will have access to resources necessary to help ensure a successful Web3 token launch. The collaboration brings the expertise of Outlier Ventures to Camino Network, focusing on critical areas such as token strategy, technological development,…

Samson Mow, a renowned Bitcoin supporter and chief executive officer at BTC adoption-focused company JAN3, has published a statement explaining why the world’s largest cryptocurrency by market capitalization, Bitcoin, has dropped 5.4% within just 24 hours, falling below the $62,000 level. TradFi market crash pushes Bitcoin down, BTC ETF outflows “help” Mow explained that the Bitcoin price is plummeting due to the TradFi (traditional finance) market crashing down at the moment. The leading market indexes demonstrated massive declines on Friday, along with the stocks of leading tech giants. Bitcoin has fallen from the $65,190 zone to the $61,100 level. A…

Despite the challenges across the board, Hedera, a business-focused platform, especially in Q2 2024, continues to build and enhance its ecosystem further. According to a Q2 2024 review shared across X on August 19, analysts noted improvements made in the last quarter, pointing out how the platform performed relative to Q1 2024 and the broader crypto ecosystem. Hedera Developer Community Vibrant In the review, analysts observed that despite the general fluctuation in user activity, the developer community continued to thrive. The scalable ledger has over 75 full-time developers and over 190 monthly active contributors in their funding. For this reason,…

Bitcoin dominance is on track to reach a new high, with predictions suggesting it is approaching a key resistance area, according to Michaël van de Poppe, CIO and Founder of MN Trading Consultancy. #Bitcoin dominance is going to hit a new high, through which it’s also approaching the resistance area.No confirmation of an actual resistance, but given the current uncertainty on the boards, we’re likely going to be hitting it in the final capitulation. pic.twitter.com/gjovLQ2SGw — Michaël van de Poppe (@CryptoMichNL) August 3, 2024 Bitcoin Faces Potential Resistance Amid Market Volatility Bitcoin dominance is calculated by dividing the total cryptocurrency…

Shytoshi Kusama, the pseudonymous leader of the Shiba Inu ecosystem, references a scammer’s interview to explain why the development team is building tools like Self-Sovereign Identity (SSI) into the stack technology of the cryptocurrency. “Don’t ask me why we are building tools like Self-Sovereign Identity and Karma & Reputation into the Shib tech stack,” Kusama remarked. Scammer Reveals How He Rug Pulls Investors However, he urged his followers to watch a 10:20 video of a self-proclaimed PumpFun rugger who claimed to have made $200,000 in two months through rug pulls, obtaining an average of 400 Solana (SOL) weekly. Rug pull…

Bitcoin (BTC) whales have accumulated approximately 84,000 Bitcoin during July 2024. This is the largest monthly accumulation in the last 10 years. Reports reveal that BTC accumulation has reached to a new peak since October 2014 and crypto whales are buying the price dip to their fullest. Bitcoin whales purchased over 84,000 #Bitcoin in July, marking the highest volume since October 2014. 🐋accumulating.⛰️ pic.twitter.com/AhACtyewTG — Poloniex Exchange (@Poloniex) August 3, 2024 Whales are Withdrawing and Accumulating Bitcoins Crypto giants have been accumulating Bitcoin after the halving and such accumulation sets a new peak of $BTC accumulation over the last decade.…

Over 300 million crypto enthusiasts are eagerly awaiting the token generation event (TGE) and listing of HMSTR, the native token of the Telegram-based clicker game Hamster Kombat. However, there have been no major updates from the game’s creators, causing concern. Alex, the admin for the Telegram channel of another crypto project, Simple (SMPL), has raised serious allegations. He claims the HMSTR token listing might be canceled, stating the viral game “has been derailed by internal conflict” and the project “appears to be a scam—with broken promises, leadership deceit, and stolen investments.” Alex further alleges that Hamster Kombat’s founder, Eduard Gurinovich,…