Author: NBTC
HYPERCOMIC, a blockchain-all-in-one service forum, has recently announced an exclusive collaboration. As per the platform, it is joining forces with zkSwap Finance, a prominent decentralized exchange and swap-to-earn AMM on zkSync Era, to expand the Web3 world’s competitiveness with zkSync Era. The platform disclosed the respective development on its X account. 🤝 PARTNERSHIP ANNOUNCEMENT ✨@zkSwap_finance X @HYCO_Official ✨📚 Diving into the booming $82bn webtoon market, HYPERCOMIC is supported by a leading Korean companies. On #zkSync Era, HYPERCOMIC is famous with #ZK24 NFTs, and currently building ‘@PrompTale’, the first… pic.twitter.com/gm6PkMeOFj — zkSwap Finance (@zkSwap_finance) May 26, 2024 HYPERCOMIC Joins Forces with…
Market analysts are projecting further downsides for Bitcoin (BTC) in the coming days after the flagship cryptocurrency suffered sudden losses as risk assets react to escalating geopolitical tensions in the Middle East. In this context, market participants were hoping for Bitcoin to hold above the $70,000 mark, acting as an anchor for another potential record high, possibly surpassing the $100,000 mark. Regarding the next trajectory, crypto analyst Alan Santana pointed out in a TradingView post on April 14 that Bitcoin’s recent downturn may be just the beginning of a more substantial correction. Santana’s analysis, based on the monthly timeframe, noted…
There have been some signs that the launch of EigenLayer’s EIGEN token is imminent. First, some subdomains were registered for the token launch on the websites of the Eigen Foundation. This development was interpreted as the EIGEN token will be released soon. In addition, the developers published the whitepaper of the EIGEN token on Github. EigenLayer is described by some as the most anticipated airdrop in cryptocurrency history. EigenLayer centers around “restaking,” which is a way to reuse the security of the Ethereum blockchain to encompass additional protocols, namely AVSs. Technically, this method works by taking the ETH that investors…
Donald J. Trump has pledged to commute Silk Road founder Ross Ulbricht’s life sentence to time served if he’s re-elected president. “If you vote for me, on Day 1, I will commute the sentence of Ross Ulbricht to a sentence of time served,” Trump said during his Saturday night remarks at the Libertarian National Convention in Washington, D.C. “He’s already served 11 years, we’re gonna get him home.” Hours before those remarks, Trump took to social media to praise the crypto industry, writing on Truth Social: “I am very positive and open minded to cryptocurrency companies, and all things related…
One of the most well-known and trendy crypto exchanges at the moment is HTX, known for its advanced trading features and robust security. In this article, we will explore how HTX works, its advantages and disadvantages. HTX è una piattaforma di trading di criptovalute che offre una vasta gamma di servizi per i trader di criptovalute, dai principianti agli esperti. What is and how does the crypto exchange HTX work? Advantages of HTX Disadvantages of the crypto exchange HTX Conclusions What is and how does the crypto exchange HTX work? The platform is designed to facilitate the exchange of various…
A recent study has revealed that 60% of US residents lack comprehension of blockchain technology. Millennials emerged as the most confident generation regarding cryptocurrency knowledge, according to a recent study by language learning marketplace Preply. It also found a gender gap, with men generally feeling more assured about their crypto understanding than women. However, despite 46% of respondents expressing overall confidence, a significant portion of crypto investors themselves (35%) harbored doubts about their grasp of cryptocurrency. This uncertainty was particularly prevalent among Gen Z investors, with a staggering 40% unsure of their understanding. In anticipation of the future, Gen Xers…
According to prominent trader Josh Olszewicz, Bitcoin might be on the cusp of another bearish reversal. The indicator is comprised of five different lines, two of which comprise the cloud (which can be either red or green). The blue line, which can be seen in Olszewicz’s chart, is called the “conversion line” or the “Tenkan” line. It represents the average for the last nine periods. It can be comparable to regular moving averages, but it has a higher level of precision. The red line is called “the base line” or the “Kijun line.” It shows the midpoint price of the…
General Updates Neo launched the Neo X Beta TestNet, bringing with it a new set of features as progress toward the MainNet launch continues. The latest iteration features multi-node governance capabilities in addition to an enhanced, bi-directional bridge between Neo N3 and Neo X. The Neo X Beta TestNet also features governance upgrades, helping to better define the usage of the network’s only native asset, GAS. Unlike the dual NEO/GAS token model of Neo N3, Neo X will use GAS as both the governance and utility token. Neo Global Development and R3E Network researchers have released an academic paper discussing…
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading platform. Sullivan & Cromwell Cleared of Negligence in FTX Collapse Following a recent investigation, former U.S. prosecutor Robert Cleary disclosed that Sullivan & Cromwell LLP was neither implicated in the fraud at FTX nor aware of any misconduct. According to a report from Reuters, Cleary found no proof that the law firm overlooked “red flags” while working with the FTX bankruptcy…
Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Altcoins!
Binance has announced support for upcoming network upgrades and Hard Forks of Sei (SEI) and Kadena (KDA) to ensure the best user experience. Binance Announces Support for Sei (SEI) and Kadena (KDA) Network Upgrades and Hard Forks Sei (SEI) Network Upgrade Details Upgrade Time: The Sei (SEI) network upgrade is scheduled to occur at approximately 27-05-2024 18:00, at block height 79,123,881. Suspension Time: Binance will suspend token deposits and withdrawals on the Sei (SEI) network starting approximately 27-05-2024 17:00. Kadena (KDA) Network Upgrade Details Kadena (KDA) network upgrade and Hard fork will occur at approximately 03:00 on 30-05-2024, at block…