Author: NBTC
Nifty Island embraced a wide array of established communities in Web3 to help expand its Roblox-style metaverse game. Now it’s going to reward them. The project, which pioneered the now-popular “play-to-airdrop” campaign, is gearing up for its December 17 launch of ISLAND, an Ethereum-based utility token that will serve as the ecosystem token for its in-game economy. Below, learn everything you need to know about ISLAND before the launch. What is ISLAND? ISLAND is the native token of the Nifty Island ecosystem, offering holders “in-game utility and demand drivers” to help power its creator-focused gaming metaverse. ISLAND will have a…
5ireChain has announced a strategic partnership with Umbrella Network (UMB), a decentralized blockchain-based oracle service that offers scalable data solutions to blockchain projects. 5ireChain, a layer 1 protocol that empowers developers to build dApps that connect blockchain with real-world impact, made the announcement today on the X platform. Based on the alliance, UMB offers verified and secure decentralized oracles that power 5ireChain’s ecosystem. Together, both 5ireChain and UMB are addressing global sustainability issues by bridging blockchain with real-world applications. 🔰 @5ireChain has partnered with @UmbNetwork, which will serve as the exclusive oracle for the 5ire ecosystem. 🤝 This collaboration will…
Despite Bitcoin’s recent surge past $100,000, investors in Russia doubt the crypto will hit the $200,000 mark anytime soon. Bitcoin’s (BTC) rise past $100,000 has sparked excitement, though Russian investors aren’t counting on it hitting $200,000 this cycle, according to analysts polled by Russia’s state news agency TASS. They estimate Bitcoin could climb as high as $160,000 but don’t see it doubling its current price anytime soon. As for the reason behind Bitcoin’s recent growth, analysts point to macroeconomic changes, such as the Federal Reserve’s rate cuts after a prolonged tightening phase, along with rising global liquidity and inflation concerns,…
Atom Accelerator (AADAO), a decentralized autonomous organization (DAO) on Cosmos Hub (ATOM), and Neutron, Cosmos’ integrated application network, have each pledged $250,000 to support the development and maintenance of Confio’s CosmWasm in 2025, as reported to Finbold on Tuesday, December 17. With early funding, AADAO and Neutron aim to secure priority consideration in Confio’s future endeavors and encourage other stakeholders to follow suit. CosmWasm adoption and funding Confio has been working on CosmWasm since 2020, and so far, the smart contract framework has been adopted by nearly 100 blockchain networks. CosmWasm lets developers build decentralized applications (dApps) that interact across…
The crypto market witnessed a resilient price surge on the 15th of December. As per the data from Phoenix Group, $GAL, $UTK, and $XETA have led the market with impressive gains of 57.8%, 53.6%, and 38.6% respectively. The on-chain analytics platform shared the list of top ten crypto gainers on its official social media account. DAILY GAINERS$GAL +57.8% $UTK +53.6% $XETA +38.6% $DORA +18.5% $EVMOS +18.2% $VIB +16.7% $CTXC +15.9% $LBR +15.5% $ENA +14.8% $HYPE +13.2%#dailygainers pic.twitter.com/6pUhFZgCfh — PHOENIX – Crypto News & Analytics (@pnxgrp) December 15, 2024 Galxe ($GAL), Utrust ($UTK), and XANA ($XETA) Dominate the Market Based on…
The Vanar ecosystem has announced the integration of the Ringfence Foundation. It is a significant advancement for the AI and blockchain sectors. This collaboration aims to establish a decentralized framework that promotes equitable data ownership, monetization, and accessibility. Thereby, it empowers users in the evolving digital landscape. 📢 NEW AI ADOPTION ALERT 📢We’re excited to welcome @RingfenceAI to the Vanar ecosystem! 🚀Ringfence is a fully agentic protocol redefining how data powers the AI economy. Leveraging Data Agents, Ringfence creates a decentralized infrastructure that ensures fairer data… pic.twitter.com/s7eMtNURRR — Vanar (@Vanarchain) December 13, 2024 With this partnership, Vanar further solidifies its…
Bitcoin’s historic run is showing no signs of slowing. On Sunday, Bitcoin recorded its first daily close above the highly-watched $100,000 price level. The feat, which comes four days after the asset first clinched the historic price milestone, could have several positive implications. For one, it suggests that there may be significant strength in its recent momentum. At the same time, it increases the probability of the asset finding near support, offering further price stability. On a psychological level, the daily close also provides more confidence to bulls. #BTC Bitcoin has made history First Daily Close above $100k ever$BTC #Crypto…
Tradable NFT stickers are launching on Telegram via The Open Network (TON). Open Builders—the team behind viral tap-to-earn game Notcoin—and the DOGS meme coin community announced Tuesday that they have teamed up to open Sticker Shop. The Telegram mini app will sell limited edition digital sticker packs purchased via Stars, the messaging platform’s native in-app currency that’s tied to Toncoin (TON). Purchased stickers can be shared in chats and bought and sold via marketplaces (such as Getgems) as NFTs. Each sticker series will be capped at a specific number, creating scarcity and potential value for collectors. “Over 500 billion stickers…
Intro A release for the latest upgrade to the Avalanche Network, dubbed the “Etna” upgrade, was published for activation on Avalanche Mainnet scheduled for 12 PM ET (5 PM UTC), December 16, 2024. This proposed upgrade consists of Avalanche Community Proposals (ACPs) [ACP-77] Reinventing Subnets, [ACP-103] Add Dynamic Fees to the P-Chain, [ACP-118] Warp Signature Interface Standard, [ACP-125] Reduce C-Chain minimum base fee from 25 nAVAX to 1 nAVAX, [ACP-131] Activate Cancun EIPs on C-Chain and Subnet-EVM chains, and [ACP-151] Use current block P-Chain height as context for state verification. The prereleased code version was successfully activated on the Fuji…
Viction, formerly known as TomoChain, has integrated Dune to give its community real-time access to on-chain data. This partnership adds a direct integration of no-code applications for working with blockchain data and configurable dashboards, allowing for data investigation without coding skills. Viction users are empowered to make decisions backed by the research findings to bring growth in all dimensions of the ecosystem. Viction citizens now have real-time access to on-chain insights, empowering everyone to innovate, create, and connect. With no-code tools and shared dashboards, @Dune simplifies data, fueling collaboration across the Viction Nation.🔑 Unlock the future with Viction and Dune:……