Author: NBTC
Polyhedra Network has recently announced its selection by BitGo for the security of cross-chain transfers. As per Polyhedra Network, BitGo has selected the Decentralized Verifiable Network to improve the protection of the cross-chain transactions of WBTC through LayerZero. The platform took to its official X account to provide details about the respective move. 🔒@BitGo has selected the Polyhedra DVN to secure cross-chain transfers of @WrappedBTC via @LayerZero_Core.Zero-knowledge adoption for asset interoperability continues to grow as projects prioritize security and trust-minimization, while prover efficiency gains, like those of… pic.twitter.com/Grp5IFnm8s — Polyhedra Network (@PolyhedraZK) September 10, 2024 Polyhedra’s Integration with BitGo Targets…
Republican presidential nominee Donald Trump reiterated his support for Bitcoin and crypto during an interview with popular live streamer Adin Ross on Aug. 5. The former President reaffirmed statements made during his recent keynote at the Bitcoin2024 conference, saying that the US needs to foster innovation in the digital asset sector. He further stated that the federal government should not attempt to sell its crypto holdings in response to speculation about the matter. Leadership role The discussion follows a significant transaction last week, in which a wallet identified as belonging to the US government transferred $2 billion worth of Bitcoin…
Shytoshi Kusama, the enigmatic leader of the Shiba Inu project, celebrates the first anniversary of Shibarium, the cryptocurrency L2 blockchain. According to the post, the Shiba Inu leader shared a “Happy Birthday” gif accompanied with the caption “#Shibarium.” The tweet is Kusama’s way of marking the first anniversary of Shibarium and celebrating the blockchain for achieving significant milestones just one year after its launch. Kusama tweeted in reaction to a post from Shibarium’s official X handle, celebrating the blockchain’s first anniversary. The X handle stated that the launch of Shibarium transitioned the dream of Shiba Inu’s pseudonymous founder, Ryoshi, into…
IQ GPT has commenced a new collaboration with LTO Network to facilitate the community. As per IQ GPT, the integration targets to enhance the utility of the LTO Network’s blockchain for its Community. The platform took to its official social media account on X to disclose the details of this integration. LTO Network integrates IQ GPT! 🔥@TheLTONetwork is a privacy-aware leased proof of stake (LPoS) Layer-1 blockchain for #RWAs, Data Security, & Identity Solutions.🔷LTO offers tokenization of RWAs (real-world assets) through their Ownables technology, enabling assets to be… pic.twitter.com/WeaUI9t3lz — IQ (@IQWIKI) September 10, 2024 LTO Network Collaborates with IQ…
Bitcoin has regained some of its losses from Sunday’s sharp sell-off that caught traders and market participants off guard, where the asset sunk to its lowest point in almost six months. The world’s largest crypto fell 20% from Saturday through Monday, extending a 6% dip on Friday that saw Bitcoin drop to as low as $49,200. It has since climbed to $55,600, CoinGecko data shows. While the broader market sank amid fears of a looming recession in the U.S., some analysts forecast Bitcoin’s price remaining steady as it stares down hurdles for the remainder of the year. Bitcoin faces fresh…
Crypto analyst Dan Gambardello sees a bullish signal forming for Cardano (ADA). In a recent video, he pointed out several indicators on ADA’s price charts, establishing reasons he thinks the altcoin is getting set for a significant bull run. CARDANO HOLDERS! Bullish ADA Signal Pending! (WATCH!)Intro: 00:00Cardano’s Upcoming Upgrade 00:30Bullish Divergence and Historical Context 02:00Short-Term Price Action and Resistance 05:00Macro Barriers and Future Projection 08:30Patience and Future Outlook 09:54 pic.twitter.com/Pkj6QjJtET — Dan Gambardello (@cryptorecruitr) August 23, 2024 Gambardello first noted a breakout on ADA’s weekly chart with a “meaningful” target. He believes a massive rally is possible for ADA, despite…
Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of the stolen funds. Champagne pleaded guilty to multiple charges in June while his co-conspirator awaits sentencing in September. Missouri Man Sentenced for Fraud and Tax Offenses The U.S. Attorney’s Office for the District of Connecticut announced on Tuesday that Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and…
Dune, the leading platform for on-chain analytics, will integrate data from more than 50 parachains on the Polkadot ecosystem. Dune will expand its oversight on Polkadot, with data tailored toward investors, developers, and researchers. Dune Analytics will host data from more than 50 parachains on Polkadot. The new inflows will give an insight into Polkadot’s entire ecosystem, where most projects remain invisible. Dune will offer data targeting investors, developers, and data analysts. The data dashboards will be built with input from the Colorful Notion team. Dune has set up a process for integrating new parachains to scale the data as…
BlackRock and Fidelity have opted to retain their Bitcoin assets. According to data from Arkham, these firms, along with MicroStrategy and Grayscale, have not liquidated their holdings despite the market volatility. You guys sold all your coins… ButBlackRockMicroStrategyGrayscaleFidelitydidn’t. pic.twitter.com/R2NY3rDPcQ — Arkham (@ArkhamIntel) August 5, 2024 Currently, Bitcoin is priced at $54,262.48, with a 24-hour trading volume of $103 billion. Over the past day, Bitcoin has declined by 8.49%, with a market capitalization of $1.07 trillion. The circulating supply stands at 19,735,965 BTC out of a total maximum supply of 21,000,000 BTC. Following the recent dip to $50,000, InnovatekMobile reports a…
IOTA, Chainlink, and VeChain are among the top IoT blockchain projects driving innovation, enhancing interoperability, security, and trackability in various industries. Integration of blockchain with IoT is revolutionizing industries by enabling real-time tracking, automation, and machine-to-machine communication. According to a recent update on Securities.io, the details update on the Internet of Things (IoT) was especially discussed. IoT is revolutionizing various industries by providing advanced trackability and enabling machine economics. In this article, we will briefly discuss how the IoT is revolutionizing industries by enabling real-time tracking and automation, especially when integrated with blockchain technology. Key IoT Blockchain Projects Driving Innovation…