Author: NBTC
The Layer 2 Ethereum network, Base, incubated by Coinbase, has seen noteworthy growth in total value locked (TVL), hitting $1.7 billion. According to DeFiLlama, this represents a 20% increase since early May. This surge has propelled Base past OP Mainnet (OP) in TVL, making it the largest network within the Superchain ecosystem, which includes various Layer 2 rollups developed using the OP Stack software package. Contents hide 1 What Drives Base Network’s Success? 2 How Do Optimistic Rollups Compare to zkRollups? 3 Key Takeaways What Drives Base Network’s Success? Opening to the public in early August 2023, Base swiftly rose…
Henrik Zeberg has brought attention to a crucial viewpoint that has the potential to have a big impact on Bitcoin. Zeberg suggests that instead of concentrating only on the Federal Reserve’s interest rate decisions, we should consider the departure of market yields. Historically, the Fed has followed market yields rather than set them. Super Bearish RSI structure: Significantly more bearish than it was prior to the financial crisis, the Relative Strength Index (RSI) is currently displaying a severe lack of optimism on the market. This may cause major changes in investment and financial strategy. Soaring two-year yields: Zeberg believes that…
Emi Yoshikawa, Ripple’s VP of Corporate Strategy and Operations, recently took to the X social media to comment on a recent XRPL-related initiative by Japanese giant SBI Holdings, describing it as a “huge” deal. SBI intends to use the XRP Ledger in order to issue visitor non-fungible tokens (NFTs) for Expo 2025, an upcoming World Expo that is going to be held in Osaka, Japan. It will be possible to get NFTs of MYAKU-MYAKU, the official character of the EXPO, by visiting the Explo and completing various missions. Visitors can also get additional NFTs if they use the Expo mobile…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re debuting This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few…
The Web3 Foundation, the organization behind Polkadot, has awarded a Decentralized Futures (DF) grant to Accelerate Polkadot, which aims to boost developer productivity within the Polkadot ecosystem. The firm stated: “This groundbreaking initiative is dedicated to providing developers with the tools and knowledge they need to succeed in the Polkadot ecosystem through comprehensive, goal-oriented guides.” This funding comes shortly after a similar grant was awarded to PolkaPort East to promote Polkadot’s Asian ecosystem growth. Accelerate Polkadot Accelerate Polkadot is a strategic initiative designed to lower entry barriers for developers on the Polkadot platform. This program offers detailed, code-centric guides demonstrating…
Michael Saylor, founder and executive chairman of the MicroStrategy behemoth, has taken to the X social media network (formerly known as Twitter) to send a Bitcoin-themed message to the global BTC community. He published his tweet as the world’s leading cryptocurrency strives to hold above the $71,000 level, which it has lost and then regained over the past couple of days. Michael Saylor’s bullish Bitcoin call MicroStrategy is the only company that has been regularly buying Bitcoin since the August of 2020 and speaking publicly about it. Besides, over the past couple of years, it has been raising investor funds…
Arbitrum, the largest Ethereum layer-2 scaling solution in terms of total value locked (TVL), is making strides toward decentralisation by deploying its permissionless fraud proof system, known as Bounded Liquidity Delay (BOLD), to its testnet on April 16. This development by Offchain Labs, the team behind Arbitrum, aims to enhance the security and integrity of transactions processed off-chain. You might also like Ondo Finance Tests Instant Conversion from BlackRock’s Tokenized Fund to USDC, ONDO Spikes 8% Polkadot Makes a Splash at Indianapolis 500 with Crypto-Branded Car dYdX Community Approves 20M Token Stake as Network Activity Surges Ethereum Layer-2 Solutions and…
In a significant development within the blockchain and artificial intelligence (AI) sectors, DIN, previously Web3Go, has announced a strategic partnership with Nimble Network. DIN, renowned for its innovative approach as the first modular AI-native data pre-processing layer, aims to leverage this collaboration to enhance the capabilities and reach of decentralized AI technologies. This partnership marks a pivotal step in integrating AI with blockchain technologies, providing a robust foundation for the development of advanced AI models directly on-chain. Nimble Network stands out as the first decentralized AI OrderBook, a platform designed to facilitate the connection between AI builders and decentralized resources,…
Ethereum is still working on a complementary plan for parallel EVM, but Bitcoin can be soon expecting its own parallel VM layer 2. Let’s firstly understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has a crucial feature in its design: transactions are executed sequentially. Sequential execution ensures that transactions and smart contracts can be executed in a deterministic order, making it easier to manage and predict the blockchain’s state. This design choice prioritizes security, reducing potential complexities and vulnerabilities associated with parallel execution. However, under high loads of transaction requests, this sequential execution can…
The XRP price could record a surge to greater heights if Ripple hit a valuation of $600 per share after carrying out an IPO in the United States. Discussions surrounding the imminent Ripple IPO have drastically dropped in recent times, as the community focuses on more contemporary issues like XRP’s underperformance amid the ongoing bull market run. Despite not surging with the rest of the market during the market uptrend, XRP has now collapsed amid the current downtrend. Notably, while Bitcoin (BTC) and Ethereum (ETH) are respectively down 3.86% and 5.13% in the past 24 hours, XRP has slumped 8.18%…