Author: NBTC

Ethereum’s Nethermind client software saw a bug that pulled validators offline for four hours last week, raising concerns in the Ethereum community about client centralization. Ethereum clients are software that enable users to interact with the blockchain, allowing them to send transactions and run smart contracts, for example. When a minority client shuts down, the penalty often involves losing ether. However, in this case, Nethermind going offline has also sparked similar concerns around what would happen if Geth, Ethereum’s most popular execution client, failed as well. Read more: Coinbase confronts client diversity risk following Nethermind bug Last week, it was…

Smart contract-based decentralized finance markets could be worth trillions of dollars in the next few years, according to investment firm Ark Invest. The findings are part of its latest in-depth research report into the crypto industry. In its “Big Ideas 2024” annual research report, Ark Invest predicted that smart contracts could generate over $450 billion in fees annually by 2030. This could create over $5 trillion in market value for smart contract platforms. This would occur if crypto and blockchain adoption follows an internet-like trajectory, it stated. Smart Contract Growth Projections In the aftermath of the 2022 crypto contagion crisis,…

With the price movement of Bitcoin becoming less volatile and the markets becoming unstable once more, some people think a crash is imminent for BTC, while some believe and anticipate a potential for further upward surge. New All-Time High For Bitcoin Is Within An Arms Reach In a recent development on the social media platform X (formerly Twitter), Cryptocurrency analyst and investor, Crypto Jelle, has shared a bold prediction regarding Bitcoin – the leading crypto asset. The crypto expert’s analysis came in light of the bearish speculations within the community around the price action of BTC. According to him, many…

As Bitcoin gears up for its highly anticipated halving event in April 2024, renowned investor Mike Novogratz shares his bullish sentiments on the future trajectory of the leading digital asset. Novogratz, CEO of Galaxy Investment, which specializes in crypto investments, took to social media to provide insight into Bitcoin’s upcoming halving. With cryptocurrency recently breaching the $1 trillion market capitalization mark and nearing a valuation of $52,500, just shy of its previous all-time high of $69,000, Novogratz emphasizes the significance of the impending halving. Highlighting the scarcity, Novogratz mentioned the impending difficulty increase in BTC mining, underscoring the potential for…

ArthSwap, a leading decentralized exchange (DEX), is gearing up for expansion as the Astar zkEVM mainnet prepares for its much-anticipated launch. This strategic move signifies a significant milestone for ArthSwap. Moreover, it aims to extend its influence and reach within the cryptocurrency ecosystem. 📢We are thrilled to announce our expansion into @AstarNetwork zkEVM !!https://t.co/Eu0sJ9Xz7U In summary, our development will aim to:– Utilize zkEVM, XVM, and XCM to strive towards becoming a “DeFi Hub connecting Polkadot and Ethereum”.– Increase trading volumes on both… — ArthSwap (@arthswap) February 19, 2024 ArthSwap Plans ARSW Token Deflation with zkEVM Integration ArthSwap is happy to…

Within OpenSeason, an open-world combat game reminiscent of Fortnite that is infused with fantasy and memes, the protagonists traverse a landscape replete with crypto-culture allusions, including an amusement park themed after Pepe and avatars representing the Bored Apes and Milady. In this brilliant spectacle, one thing stands out: a blazing shipwreck near the pier, dubbed “OpenSea” after the well-known NFT exchange platform. This smart gameplay feature was designed to humorously shame OpenSea when it delisted Fractional Uprising Studios’ Ethereum NFTs. In addition to functioning as entry tickets, these passes granted their possessors additional abilities, such as the ability to leave…

The Ethereum blockchains’s biggest upgrade since early 2023 went live on the second of three test networks, bringing the much-anticipated “Dencun” project and its “proto-danksharding” feature a step closer to reality. Proto-danksharding is designed to reduce the cost of transactions for layer-2 blockchains as well as make data availability cheaper, through the introduction of a new compartmentalized space for data known as “blobs.” The number of layer-2 chains atop Ethereum is expanding fast, so the upgrade is seen as an essential element of the ecosystem’s roadmap for supporting the growth. The Dencun upgrade on the Sepolia testnet occurred Thursday at…

Early 2023 was an incredibly difficult time for regional banks in the US — particularly crypto banks. Silicon Valley, First Republic, Signature, Silvergate, and Pacific Western Bank all either collapsed, closed down, or had their assets and liabilities purchased. As the year continued, no further bank runs or collapses occurred; it appeared as though the worst of the regional banking crisis had passed. Unfortunately, more regional banks are teetering again, including a couple that rushed in to purchase assets and liabilities from Signature Bank and Silicon Valley Bank — which serviced crypto and tech companies. Yesterday, New York Community Bank’s…

DNV GL and Renji Hospital renew partnership following years of collaboration with the VeChain blockchain. DNV and Renji’s partnership is said to be entering the seventh year, showing their commitment to enhancing quality healthcare. In October 2020, VeChain (VET) in collaboration with the independent assurance and risk management provider DNV GL, announced a strategic partnership with Renji Hospital, one of the biggest hospitals in China affiliated with the Shanghai Jiao Tong University School of Medicine to launch the first-ever Intelligent Tumor Treatment Center enabled by blockchain. This treatment center powered by the VeChain Toolchain is meant to be a “transparent,…

The recent surge in Bitcoin’s price of over $52,000 has ignited excitement among crypto enthusiasts worldwide. However, amid this optimism, a prominent analyst’s cautionary signal has sparked concerns over a potential correction in BTC price. Notably, despite the bullish momentum indicated by Bitcoin Futures Open Interest, the warning raises questions about the stability of the current rally. Analyst Signal and Market Dynamics In a recent X post, top crypto analyst Ali Martinez issued a cautionary message regarding Bitcoin’s near-term prospects. In the latest update, Martinez highlighted the TD Sequential indicator’s sell signal on Bitcoin’s daily chart, suggesting a potential correction…