Author: NBTC
In recent events, Ethereum’s decentralization has been questioned with Steven Nerayoff and TruthLabs’ speculations of the Chinese Communist Party’s (CCP) dominance over the blockchain. Pointing out the vulnerabilities of Ethereum, Steven Nerayoff, the blockchain’s former advisor, urged Founder Vitalik Buterin and Co-Founder Joseph Lubin to take immediate action. Raising the alarm with @BoringSleuth has been crucial. For investors, US citizens, & the Ethereum Foundation’s sake, it’s time to hold Vitalik & Joe Lubin accountable. Big thanks to @WhaleFUD for amplifying credible claims. This is only the start. Let’s prioritize blockchain’s… https://t.co/pahdqPQBJc — Steven Nerayoff (@StevenNerayoff) February 9, 2024 Earlier this…
Cosmos, the decentralized network powered by Tendermint BFT consensus, has grown considerably in recent years, a consequence of its appeal to blockchain builders and internal development financed by the Interchain Foundation (ICF) to the tune of over $120 million in three years. Notable for its vibrant developer community, scalability, and the interoperability granted by its Inter-Blockchain Communication (IBC) module, Cosmos is on a mission to establish an Internet of Blockchains that paves the way for seamless data flow between multiple independent, app-specific networks. Little wonder it’s become a popular choice for builders of decentralized apps (dApps), from DeFi protocols and…
Cryptocurrency analysis company IntoTheBlock recently shared its expectations for the Bitcoin halving event that will take place in April. According to the analytics company, the last Bitcoin halving took place in 2020, which led to several significant changes: Block reward decreased from 12.5 BTC to 6.25 BTC. Bitcoin’s hash rate dropped by 30% in the two weeks following the halving. Miner difficulty was automatically reduced shortly thereafter, and an all-time high in hash rate was reached just seven weeks after the halving. Bitcoin price reached an all-time high in the eight months following the halving. IntoTheBlock expects the upcoming halving…
Back in November, Swiss consulting firm Storm Partners pitched its legal and compliance services to the 1inch DAO. The DAO, which governs the 1inch network, is known primarily for its decentralized exchange (DEX) aggregator. The idea was for the DAO to have legal advice on call to defend its rights and interests, and to start putting in place a structure to protect its members from personal liability. The proposal moved to an on-chain vote last week. It was overwhelmingly approved and finally executed on Wednesday, with a retainer fee of $50,000 paid in USDC. There aren’t many — if any…
The integration of blockchain technology with sports fan engagement reached a new zenith last November when a group of CR7 NFT holders had the privilege of joining soccer legend Cristiano Ronaldo for a training session in Lisbon. This encounter was not just a meet-and-greet but an immersive training experience with a soccer legend. The session, part of the CR7 ForeverZone Collection initiative, was an unprecedented event, affording a select few the chance to hone their soccer skills under the tutelage of Ronaldo himself. The Golden Ticket holder from the collection and other recipients from “The GOAT NFT” collection were joined…
Following a successful series of testnets in the past months, the Dencun upgrade is expected to happen on the Ethereum mainnet on March 13. The Dencun upgrade will enhance Ethereum’s scalability through five EIPs with the most important being the EIP-4844 also called the proto-danksharding. The Ethereum (ETH) ecosystem is preparing to undertake its largest network upgrade since the Shanghai upgrade last year dubbed the Dencun upgrade in the coming weeks. Ethereum’s core developers led by co-founder Vitalik Buterin have been working on lowering the transaction fees and increasing the overall scalability of the layer two ecosystems. Furthermore, the Ethereum…
Billions of dollars in unclaimed assets are now being held across the US, and one state is pushing to let people know about it. Florida Chief Financial Officer Jimmy Patronis says the state is now holding a staggering $2.7 billion on behalf of its residents, reports the ABC-affiliated news station WFTV. “The state defines ‘unclaimed property’ as a financial asset that is unknown or lost, or has been left inactive, unclaimed or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances and refunds, the…
The cryptocurrency market is constantly developing and renewing. At this point, one way to measure whether a project is running smoothly and its potential is to look at developer activities. Developer activity refers to the number of changes, pull requests, issues, and code contributions made by developers working on a project’s code base. In this context, Santiment announced the top 10 altcoins with the highest developer activity in the last 30 days, according to github data. Internet Computer (ICP) ranked first, while Cardano (ADA) ranked second. Polkadot (DOT) and Kusama (KSM) shared third place. According to the list shared by…
Brave Rewards announces the commencement of self-custody BAT payouts. It will initially be limited to a small number of invitees. It will then become accessible to Brave users worldwide. They will receive BAT earned through BAT Rewards, which will be transferred to a wallet address in their sole possession on the Solana blockchain. Rewards on Solana are being released in the form of an invite-only factor, starting with a restricted set of early users. This action will be implemented via a communication that will occur within the Brave Rewards interface. By accepting the invitation, users can establish a connection with…
Major Bitcoin proponent and educational entrepreneur, also famous for his popular book on financial literacy “Rich Dad Poor Dad,” Robert Kiyosaki, has issued an important statement about the Federal Reserve and the world’s flagship cryptocurrency. Kiyosaki shares his take The investor shared his disapproval of the U.S. Fed in his recent tweet as he ironically slammed it (contrary to the popular advice “not to fight the Fed”) and urged his 2-million community on X to buy Bitcoin, as well as silver and gold. “Don’t Fight the Fed?” I say “F the Fed.” Buy gold, silver, Bitcoin. — Robert Kiyosaki (@theRealKiyosaki)…