Author: NBTC
The Cardano Foundation, alongside Blink Labs, dcSpark, Sundae Labs, and TxPipe announced the launch of PRAGMA, a member-based, not-for-profit open source association for blockchain software projects. The five entities, who are each deeply focused on IT development and engineering in the Cardano ecosystem, aim to foster an alternative open-source ecosystem for Cardano and other blockchains. The association will sign its statutes on 22 April. The Cardano Foundation sees the advancement of open source technologies as an important step towards a sustainable and robust Cardano ecosystem. An open source approach facilitates the creation of technologies that meet specific enterprise needs, while…
The cross-chain messaging protocol Wormhole opened airdrop claims for its governance token, named W, Wednesday morning. Some recipients celebrated so-called Wormhole Wednesday by cashing out on their allotment, leading W’s price to fall 24% within a few hours of the token beginning to trade, according to CoinGecko. The token would quickly recover though, settling at a smaller dip from its opening price by press time. 6.78% of W’s supply was set aside for the airdrop, an allocation worth roughly $855 million at current prices. Read more: Wormhole’s W airdrop to ‘acknowledge and reward’ dedicated users Wormhole is a multi-chain protocol,…
Nigeria’s central bank denies false claims made by crypto media, asserting that it didn’t mandate local banks to freeze accounts associated with unlicensed crypto exchanges. The Central Bank of Nigeria (CBN) says it didn’t order local financial institutions to freeze accounts linked to unlicensed crypto exchanges after reports surfaced alleging such directives. In an X post, the central bank clarified that the circulated circular wasn’t issued by the regulator, urging the public to rely on its official website for “authentic information.” This content is not from the Central Bank of Nigeria!Always refer to the Bank’s website at https://t.co/R9TQU0eRpp for authentic…
The first L1 mobility-based DePIN called Soarchain has made a major step in transforming the mobility sector revolution by entering the Interchain ecosystem. It sets the stage for a new era of vehicle-to-vehicle, vehicle-to-driver, and vehicle-to-environment interaction. Soarchain’s integration into the Interchain ecosystem is expected to drive concrete adoption, with collaborations already underway with established brands like Suzuki. 1/ The first L1 mobility-based DePIN enters the #interchain@soar_chain transforms the mobility industry by redefining the interaction between vehicles, their drivers, and the surrounding environment.Connectivity Infrastructure for vehicles – built on the Interchain Stack! pic.twitter.com/58NtsoyW3S — Cosmos – The Interchain ⚛️ (@cosmos)…
Mode, a layer 2 network on Ethereum, has begun the latest partnership endeavor. According to the platform, it is joining Atlendis Labs (a DeFi credit forum dealing with real-world businesses) to increase the decentralized finance ecosystem thereof. The company added that the collaboration is a significant move for it. Thrilled to collaborate with the Atlendis team as we broaden Mode’s DeFi ecosystem, incorporating off-chain asset-backed deals.Read all about it 👇 https://t.co/VoadAZQyJQ — Mode 🟡 (@modenetwork) April 25, 2024 Mode Network and Atlendis Labs Collaborate to Spread DeFi Ecosystem On its official X account, the firm disclosed the efforts that it…
Shiba Inu (SHIB) has soared 17% in the past week. The rally of Shiba Inu extends beyond its native token, SHIB, with companion tokens like LEASH and BONE. In a remarkable resurgence, Shiba Inu (SHIB), the famed meme coin, has recovered from recent losses and soared by 17% in the past seven days, currently trading at $0.00002524. This resurgence comes on the heels of significant growth within the Shiba Inu ecosystem during the first quarter of 2024, with SHIB, alongside its companions Doge Killer (LEASH) and Bone ShibaSwap (BONE), witnessing substantial price hikes. Further, the widely-used cryptocurrency trading platform Robinhood…
There’s good reason to believe the enigmatic Shiba Inu meme coin founder “Ryoshi” is sitting on 10% of the total SHIB supply, despite repeatedly claiming to own no SHIB tokens. It might even be more accurate to say they own 17% of the supply, considering that 41% of the tokens had been burned by 2022. Regardless, Ryoshi may be holding a SHIB fortune worth $1.8 billion at today’s prices, according to an analysis by crypto forensics firm Bubblemaps. That means when SHIB’s market cap ballooned to $41 billion on October 30, 2021, Ryoshi would have had a meme coin fortune…
Woo X, a leading cryptocurrency exchange, has introduced RWA ( Real-World Assets) Earn Vaults, marking the first-ever opportunity for retail investors to access tokenized U.S. Treasury bills as reported by CoinMarketCap. This collaboration with London-based OpenTrade positions Woo X at the forefront of financial innovation, bridging the traditional and crypto realms seamlessly. Willy Chuang, Woo X’s Chief Operating Officer, lauds this initiative as a significant milestone. 🗞️ Crypto NewsWoo X, a prominent cryptocurrency exchange, claims that the launch of its new product, RWA Earn Vaults, will be the first to grant retail customers access to tokenized U.S. Treasury bills.🔗 https://t.co/SvmO2CJM6E#CryptoNews…
SubQuery is pleased to announce its support of X Layer, and developers may now make use of its powerful indexing capabilities. The goal is to simplify on-chain data management and make your development processes indicate faster. Through innovation and more productivity, SubQuery hopes to contribute to the next billion joining the blockchain revolution. Congrats on your mainnet launch, @XLayerOfficial! We’re thrilled to be part of your journey and support you every step of the way. Check out the announcement here 👇 https://t.co/WIey46aWv0#XLayer pic.twitter.com/qjGPt0g1zR — SubQuery (@SubQueryNetwork) April 23, 2024 SubQuery Empowers X Layer Developers with High-Speed Data Indexing X Layer…
Bitcoin, the world’s largest cryptocurrency asset, has finally entered a new price threshold, surpassing its previous all-time high (ATH) of $69,000, accomplished nearly three ago. Following the latest milestone, crypto enthusiasts and experts are very bullish on the digital asset, predicting further upward movement to unprecedented heights in the upcoming months. Bitcoin Super Cycle Area Set At $80,0000 Cryptocurrency analyst Doctor Profit has shared a positive forecast for BTC with the crypto community on the social media platform X. His analysis, tagged “Big Sunday Report,” delves into the next step that BTC is expected to take amid the general market…