Author: NBTC

In its latest post, cryptocurrency analysis company Layergg shared a list of altcoin projects that will release tokens, mainnets or testnets in the coming days and months. The tokens of some of the projects in question have been awaited by the cryptocurrency community for a long time, and their impact can be great when they are released. Token Creation Events May: EigenLayer – Token Creation Event May: zkSync – Token Creation Event (Rumor) May: Blast – Token Creation Event May: Sure – Sure Public Sale May: Zircuit – Score Farming Continues May: Avail – Token Creation Event May: Ionet –…

Bitcoin (BTC) average transaction fees crossed the $100 mark for the first time on April 20, following the halving event. As transaction costs rise, the majority of investors are either holding dust or unable to withdraw from exchanges. Notably, Finbold retrieved data from mempool.space showing average Bitcoin fees of $105.69 paid in the last 24 hours. In BTC measures, users paid 166,150 sats or 0.00166150 BTC per transaction, on average, during this period. Furthermore, Bitcoin miners mined the last four blocks with a fee rate above 1,072 sat/vB, translating to $100 for small Segwitt transactions. Sat (or satoshis) is Bitcoin’s…

According to The Block, Japanese banking giant SBI Holdings has partnered with a new altcoin. This altcoin became the popular fan token Chiliz (CHZ). Accordingly, SBI Digital Asset Holdings, the crypto asset arm of Japanese securities and banking giant SBI Holdings, announced its partnership with Chiliz (CHZ) to expand the sports fan token ecosystem in Japan. In their joint statement, SBI and Chiliz team stated that they plan to establish a joint venture in the country to provide local fans in the country with access to the tokens of popular football clubs such as Manchester City and AC Milan. SBI…

The cryptocurrency market has recently witnessed the 2024 Bitcoin halving, an event that significantly reduces the reward for mining BTC by half, aimed at limiting its new supply. This pivotal event, the fourth since Bitcoin’s creation, has stimulated extensive discussions about its implications for miners, investors, and the broader market landscape. Bitcoin Miners Upgrade As the block reward halved from 6.25 BTC to 3.12 BTC, miners initially face significant challenges. Omar Lopez, Founder of Cripto It Club, shared with BeInCrypto that a portion of the miners will be compelled to shut down their operations as continuing becomes economically unfeasible. Some…

In a significant move propelling the evolution of decentralized finance (DeFi) on the Solana blockchain, Zeta Markets, a pioneering decentralized exchange (DEX) for on-chain perpetuals, has announced the successful closure of a $5 million strategic funding round. This latest infusion of capital, led by Electric Capital, bolsters Zeta Markets’ total funding to an impressive $13.5 million, marking a significant milestone in their mission to revolutionize the DeFi landscape. The round was led by Electric Capital with participation from DACM, Selini Capital, Airtree Ventures and prominent angel investors such as Anatoly Yakovenko of Solana, Mert Mumtaz of Helius, Richard Wu of…

Yesterday, Omni Network presented to its audience the new high-performance modular blockchain implementation Octane, capable of connecting the EVM world with CometBFT. The new framework can be used to create layer-1 networks and decentralized sequencers for layer-2 with extremely high transaction throughput, offering excellent integration opportunities with the Arbitrum, Celestia, and EigenLayer ecosystems. Let’s see all the details below Omni Network introduces Octane and solves the problem of combining EVM and CometBFT Octane simplifies EVM integration with blockchain applications: opportunities for Celestia, Arbitrum, Monad, and EigenLayer Omni Network introduces Octane and solves the problem of combining EVM and CometBFT Omni…

Animoca Brands Japan and Quidd will launch digital collectibles of the popular manga “FAIRY TAIL.” According to a press release shared with Cryptonews.com, the Japanese subsidiary of Animoca Brands’ new collectibles will feature 29 characters from the series, including Natsu, Lucy, and Happy. The collection will be available on Quidd, starting from 5 p.m. EST on May 24, 2024. Key scenes from the series have been chosen and turned into art cards under the guidance of FAIRY TAIL author Hiro Mashima, and are available in various rarities. Animoca Brands’ NFT Platform in Japan Founded in 2021, Animoca Brands Japan aimed…

Ethereum layer-2 scaling solution Arbitrum has hit a major milestone within its network. According to data from crypto analytics service provider IntoTheBlock (ITB), Arbitrum’s daily transactions soared to two million as of May 8. As ITB noted, since March, Arbitrum has consistently hit an average of one million transactions per day. This is significant as it proves the network is more user-friendly than its peers. The Arbitrum transaction surge has been a major buildup over time. Per the one-year chart shared, Arbitrum’s transaction growth has remained relatively flat, around 100,000 to 500,000, from September through October 2023. Arbitrum transactions are…

In a recent social media appearance, Charles Hoskinson, the visionary behind Cardano, addressed the clamor surrounding CIP-69. This aims to streamline the development process on the Cardano (ADA) blockchain by unifying arguments for all types of Plutus scripts currently available. Acknowledging the growing demand within the community, Hoskinson disclosed discussions between the development teams, indicating the potential inclusion of CIP-69 in the upcoming Chang Hard Fork. Despite the apparent community enthusiasm and backing from the Cardano Foundation, Hoskinson offered a note of caution. He emphasized the inherent risks associated with off-roadmap alterations, stressing the need for careful consideration to minimize…

Legendary investor Anthony Scaramucci has shared his view on future Bitcoin price in regard to the halving event that happened this Friday. In his recent appearance on Wealthion, the long-time crypto proponent highlighted the significant demand for Bitcoin driven by investors buying into ETFs like BlackRock and Kathy Wood’s funds, while the network produces only 450 coins per day. Crypto and Bitcoin are still new to most people. I tried to answer some of the biggest questions like use cases and the upcoming halving. Give it a watch: https://t.co/PCAhnAm6ov — Anthony Scaramucci (@Scaramucci) April 19, 2024 This demand often pushes…