Author: NBTC
Blaze, a Web3 marketing automation platform powered by artificial intelligence (AI), is restructuring its infrastructure and migrating from Snowflake to Space and Time (SXT), a decentralized Web3 database powered by zero-knowledge (ZK) proofs, as reported to Finbold on February 4. The transition will assist Blaze’ in promoting decentralization, transparency, and security both on its platform and in the Web3 space at large. Decentralized Web3 databases Already supplying marketing analytics and automation tools utilized by leading crypto brands such as OpenSea, Animoca Brands, and Gala, Blaze is ready to put even more resources into Web3-native solutions. By switching to SXT, Blaze…
In a tweet published earlier today, the Shibburn platform revealed that over the past day, the SHIB community managed to dispose of a substantial amount of meme coins, sending them permanently out of circulation. Meanwhile, the SHIB price has staged an impressive surge overnight, briefly recapturing the $0.0000228 level. Burn rate breaks above 104% line Data published by Shibburn shows that over the past day, the SHIB community succeeded in burning 19,291,423 SHIB, moving them to unspendable wallets. This helped the burn rate to print a massive increase by more than 104%. However, figures from the Shibburn website show that…
HeLa Space, a prominent platform in the blockchain sector, has announced its new collaboration with CRATINetwork, an innovative company combining Decentralized Science with Artificial Intelligence. The partnership targets to redefine the research as well as development via the integration of AI technology into Decentralized Science, fostering worldwide collaboration and opportunities. The platform revealed this collaboration on its official X account. We’re excited to announce our newest collaboration with @crtainetwork!CRTAINetwork stands at the forefront of innovation, merging Decentralized Science (DeSci) and Artificial Intelligence (AI) to revolutionize research and collaboration.Together, we’re paving the way for a… pic.twitter.com/WXiacnMxPd — HeLa Space 🍀 (@HeLa_Labs)…
Bitcoin (BTC) is experiencing market volatility as the asset battles to breach and stay above the $95,000 resistance level. Amid this price fluctuation, a Bitcoin whale has hit a massive valuation level after spending six years in hibernation. Whale activity sparks market speculation According to an X post from Lookonchain, the whale’s wallet suddenly became active as the user deposited 500 BTC worth $46.87 million into Coinbase Prime. A wallet that had been dormant for 6 years deposited all 500 $BTC ($46.87M) into #CoinbasePrime 2 hours ago.This wallet received 500 $BTC 6 years ago when the price of $BTC was…
Rings enables users to earn points and yield through innovative assets like scUSD, scETH, and stkscUSD. Sonic integrates advanced security via TRM Labs, enhancing transaction monitoring and risk management for DeFi users. Sonic Labs has released comprehensive details about its scoring program, highlighting the assets that are eligible for earning points in the upcoming “S” airdrop. Among the main assets on display are scUSD and scETH, both developed by Rings with respective increased multipliers of 6x and 4x. Using these resources in related applications greatly increases users’ points-earning capacity. The focus on scUSD and scENE results from their fundamental importance…
Bitcoin’s price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $1.86 trillion. With a 24-hour trading volume of $63.28 billion and an intraday range spanning $91,215 to $95,098, bitcoin finds itself at a pivotal juncture. Bitcoin The daily chart illustrates bitcoin consolidating near its support band of $91,000 to $93,000 after retreating sharply from its recent high of $108,364. Elevated volumes observed at the peak suggest a distribution phase, while the subsequent stagnation hints at waning bullish strength. Short-term moving averages—10-day and 20-day exponential (EMA) and simple moving averages (SMA)—indicate bearish trends, applying downward…
Justin Sun has excitedly trumpeted the launch of the new version of his algorithmic stablecoin, USDD, taking to X to proclaim that it’s “about to launch with a 20% APY.” However, he insists that people stop asking where the yield comes from. Strangely, it’s hard to determine with any amount of precision how USDD 2.0 will differ from the current implementation. The most recent version of the coin’s whitepaper dates to December 2022 — more than two years ago. It posits that its stability will come from the project serving in the role “of a decentralized central bank in the…
Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world’s oldest blockchain’s interoperability. In partnership with Bitcoin developers Fiamma, Babylon is using the BitVM2 computing paradigm, which is designed to allow Ethereum-style smart contracts on Bitcoin, which then paves the way for zero-knowledge technology. Zero-knowledge computations allow different parties to verify that information is accurate without actually revealing to each other what the information is. In this sense, it is foundational to bridging digital assets between different blockchains. Developers like Babylon Labs and Fiamma are aiming to…
Solana’s inflation rate may change after a recently proposed community vote. The new number will reflect market conditions, as the previously selected number remains unrelated to current demand. Solana may continue into the future with reduced inflation, to reflect the community’s vision. Mert Mumtaz, co-founder of Helius Labs, is preparing for a proposal coming next week, to re-establish the inflationary pace of SOL tokens. reduced inflation proposal coming to Solana manlets by next week current number is completely arbitrary — it’s time to let the market set the price — mert | helius.dev (@0xMert_) January 15, 2025 Comparing Solana’s model…
Former BitMEX CEO Arthur Hayes has made a bold prediction for Bitcoin’s future, predicting that the BTC price could rise to $250,000 by the end of 2025. Hayes’ prediction is based on a shift toward aggressive monetary policies and a broader wave of global money printing under the expected presidency of Donald Trump. Speaking as chief investment officer of the Maelstrom Fund, Hayes outlined a scenario in which nationalist economic policies lead governments around the world to prioritize the economic stability of their citizens. “Every country will put its citizens first and print money to smooth out the volatility,” Hayes…