Author: NBTC

This is a segment from the Empire newsletter. To read full editions, subscribe. Are we really about to see the takeoff of GameFi? It might be slightly too early to tell — though I hosted an hour-long X Spaces the other week that ended up primarily focusing on gaming — but I gotta say it looks far more promising this cycle when compared to the last time around. We’ve previously written about Off the Grid, but I want to zoom out and look at GameFi as a whole. Right now, the sector is facing a “pivotal phase of expansion,” according…

A solo Bitcoin block was recently mined for the first time in over a decade, according to FutureBit founder John Stefanopoulos. A single user managed to find a Bitcoin block with their own hardware. “This is the first solo block in over a decade to be found on a single device, running a full node, and submitting that block anonymously and independently with no third parties,” Stefanopoulos said. The block was found on an Apollo II full-node device that was running the user’s own independent node and solo stratum server. During Bitcoin’s earliest days, it was possible to produce blocks…

Athene Network has partnered with TaskOn, a decentralized collaboration platform, to offer users an adventurous experience with exciting quests. As a Layer 2 solution based on Ethereum, Athene Network is designed to improve dApp scalability and transaction rates, making it ideal for high-performance blockchain partnerships. TaskOn disclosed this strategic partnership through its official X account highlighting the benefits for the Web3 community. We’re excited to partner with @Athene_Network, a Layer 2 solution built on Ethereum, designed to enhance scalability and transaction efficiency for decentralized applications (dApps).There will be numerous opportunities await both newcomers and the Athene Network community to… pic.twitter.com/tGEWdWyDLV…

Centibillionaire Michael Dell recently caused a fresh wave of excitement within the Bitcoin community with his latest social media post. Dell jokingly told a social media user to “enjoy Bitcoin” after the latter said that his wife wanted a more ambiguous relationship because I had such big ears. This came after the tech mogul urged his followers to be curious, keep learning, and have “big ears to listen” while being “open to ambiguity.” Of course, Bitcoiners desperately want to know whether Dell’s Bitcoin posts mean more than just mere curiosity. “Are you stacking, ser?” one user asked. As reported by…

The BRICS summit just concluded. China and the BRICS bloc are advancing significant projects to reduce their reliance on the U.S. dollar. Together, they aim to challenge the dollar’s dominance in global transactions and reserve holdings by leveraging digital currencies, particularly China’s digital yuan, and developing a new BRICS currency. These initiatives have wide-ranging implications for crypto enthusiasts, finance experts, and global policymakers. China’s Digital Yuan China has taken a multi-phase approach to establish the digital yuan as a central tool in its de-dollarization strategy. Initially, China cracked down on decentralized cryptocurrencies in 2017, later banning crypto mining and trading…

Crypto trading card game Parallel is set to host its Parallel League Championship with a $250,000 prize pool up for grabs early next year, with the event set to take place on March 1-2, 2025 at the HyperX Arena in Las Vegas. Parallel is an Ethereum-based NFT card game that was named as GG’s best crypto game of 2023. This year, the game launched onto the Epic Games Store putting the game in front of 75 million monthly active users, as it began its esports push. This came in the form of the Parallel League, a six-month competitive league in…

The world’s largest cryptocurrency, Bitcoin (BTC), has lost about 4.5% of its value in the last 24 hours, falling to $52,700 at its lowest point. The total market value of BTC has reached the critical level of $1 trillion, along with the declines. Similar declines were observed on the altcoin side as in BTC. However, due to the increasing volatility in the market, a large amount of cryptocurrencies were also liquidated. The data shows that $267 million worth of cryptocurrencies were liquidated in the last 24 hours. $221 million of these were in long positions. A total of 85,109 traders…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The total NFT market cap today is about $3.6 billion, down hugely from its heady 2022 peaks. Speculative NFT markets are dead, but the use cases of NFTs are not. Non-fungible tokens as a data format and a unique digital identifier, in the technical sense, continue to be used in productive, non-speculative ways that do not necessarily translate to a number-go-up chart. Take podcasts for instance. Pods.media provides podcasters a way to easily tap into an alternative monetization stream by letting fans mint NFTs of their podcast…

Tokenized treasuries won’t fully replace stablecoins, JPMorgan said. Stablecoins have a regulatory advantage because they are not classified as securities, the report noted. Liquidity in stablecoins is also much higher than tokenized treasuries, the bank said. Stablecoins are unlikely to be fully replaced by tokenized treasuries, JPMorgan (JPM) said in a research report Thursday. It is “conceivable” that over time, tokenized treasuries could replace most of the cash sitting unused within stablecoins, the report said. Still, the bank said a full replacement of stablecoins seems unlikely. This is because tokenized treasuries are at a regulatory disadvantage due to their classification…

Regarding trading, the activities remain volatile in NFT markets. On the 28th of October, 2024, CryptoPunks emerged as the best-seller collection according to the 24H volume. The cryptopunks dominated the market with a trading volume of $ 461.8K, considered valuable in the collector’s market. Some other collections, such as Guild of Guardians and Pudky Penguins, also showed high performance, proving diverse interest in the NFT market. #NFT MARKET OVERVIEW TOP COLLECTION #CryptoPunks – 24H Volume $461.80KTOP SALE… pic.twitter.com/6OumBBhYZ4 — PHOENIX – Crypto News & Analytics (@pnxgrp) October 28, 2024 CryptoPunks Hold Top Spot in 24-Hour Volume CryptoPunks continue solidifying their…