Author: NBTC
The world’s most famous Bitcoin billionaire says the new Bitcoin ETFs from BlackRock and Fidelity have proven more successful than even he had imagined. “We thought that maybe Bitcoin was a competitor to gold, but it has actually run up the leaderboard, and now it’s starting to nip at the heels of the S&P 500 Index ETFs,” MicroStrategy CEO Michael Saylor said during an interview at the Madeira Bitcoin conference. Saylor said gold ETFs, which remain the largest commodity ETFs in the United States, will be surpassed by their Bitcoin counterparts in “not too long a time.” Since launching less…
UXLINK, a pioneering Web3 social platform, recently secured a substantial investment with OKX Ventures leading its latest funding round. This investment indicates well for UXLINK and shows that more people are realizing how Web3 technology can transform social networking and decentralized finance (DeFi). OKX Ventures Led an Investment in UXLink, A Web3 Social Platform and Infrastructure Providerhttps://t.co/2sVrLJJdsT@UXLINKofficial pic.twitter.com/CZIv3Hf9na — OKX Ventures (@OKX_Ventures) March 13, 2024 OKX Ventures Founder Praises UXLINK as Web3 Social Infrastructure Game-Changer UXLINK’s unique blend of Web3 and social network concepts drives its innovation. Telegram’s new “UXGroups” feature helps people use DApps and cryptocurrencies through real-life connections.…
Ethereum gears up against quantum threats. How does the community react to Buterin’s new proposal, and how real is the danger? The exponential advancement of quantum computing technology poses a daunting challenge to the blockchain platforms, potentially undermining the security protocols that form the bedrock of these networks, with Ethereum (ETH) being no exception. In response to this pressing concern, Vitalik Buterin, co-founder of Ethereum, has spearheaded discussions on Ethereum Research, aiming to address and mitigate the vulnerabilities quantum computing introduces to Ethereum. Delving into Buterin’s strategy Buterin foresees a potential “quantum emergency,” where the advent of quantum computing capabilities…
In early December 2021, a Kickstarter crowdfunding startup received an investment offer in exchange for transforming into a web3 company. According to Fortune, the news came as a surprise because the Kickstarter team had spent years accumulating capital in the company, and many had already given up hope of ever selling it. “But a dozen years after its launch, Kickstarter had lost its cachet of cool and churned through CEOs. The Kickstarter of 2021 had little to offer would-be investors but headaches.” Fortune According to a person familiar with the deal, Kickstarter board members approached venture capitalist Chris Dixon in…
Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months. Neither Gambaryan nor Anjarwalla have been charged with an offense but were being held “simply as hostages,” the FT reported. Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the Financial Times reported on Tuesday. The demand comes as Nigeria’s detention of Binance’s compliance head and Africa region manager moves into a third week. Binance’s Tigran Gambaryan and Nadeem Anjarwalla have been held…
The crypto market stands on the brink of a transformative year in 2024. Indeed, the industry is poised for significant changes with new technologies emerging. These advancements promise to enhance the functionality and utility of digital currencies and address some of the most pressing challenges facing the market today. The Promise of Interoperability A pivotal development in blockchain technology is the advancement of interoperability protocols. Kadan Stadelmann, Chief Technology Officer at Komodo Blockchain, told BeInCrypto about the critical compatibility between blockchains. “Blockchain interoperability empowers distinct blockchain networks to communicate, share data, and collaborate. It is the glue that binds together…
Nakamoto Games partners with AIOZ Network for enhanced gaming solutions. The project’s week 11 update showcases its’ relentless innovation in gaming. NAKA strengthens its position as a leader in blockchain gaming. Nakamoto Games, a trailblazer in the Play2Earn gaming world, announces an exciting collaboration with AIOZ Network. This partnership sees Nakamoto Games integrating AIOZ for its DePIN Web3 Storage solution, marking a significant step forward in their shared vision for the future. Nakamoto Games has partnered with @AIOZNetwork and is excited for what the future holds. $NAKA integrates $AIOZ for our #DePIN #Web3 Storage solution. Next, #AIOZ is going to…
Bitcoin’s latest all-time high on Tuesday morning was accelerated by the launch of the spot bitcoin ETFs, experts said. The cryptocurrency started its rally in earnest in the fall of 2023 as it became clearer that the funds would soon be approved. Experts said that it would’ve reached a new all-time high nevertheless, but the ETFs have been an important tailwind. Bitcoin (BTC) reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have…
Cosmos-based decentralized exchange Astroport is set to deploy its passive concentrated liquidity (PCL) pools on Osmosis, the largest Cosmos-based DEX by volume, following successful governance votes on both platforms. This move marks an alignment between two of the most active DEXes in the Cosmos ecosystem, aiming to improve the overall trading experience and capital efficiency for users. PCL pools, which aim to provide the benefits of concentrated liquidity without requiring active management, will be offered alongside Osmosis’s existing “supercharged liquidity” pools. Astroport’s pools utilize an advanced repegging algorithm that automatically concentrates liquidity around the exponential moving average of ongoing trades.…
Developers at Gnosis Chain have deployed a version of the Dencun update to the network to help scale decentralized applications further. Commenting on the Dencun update, Philippe Schommers, head of infrastructure at Gnosis, said the new blob transactions introduced by proto-danksharding show that the blockchain community is overcoming conceptual challenges towards creating a more easily scalable network, Ethereum. “These include temporary data, which is extremely important as this combats state bloat. Previously, all the data used by layer-2 was stored indefinitely on all Ethereum nodes. Now, this new type of data will be discarded after about two weeks.” Philippe Schommers,…