Author: NBTC

Ethereum Prague-Electra (Pectra) upgrade is expected to be the third large hard fork post-Merge. Set to be activated in 2025-2026, Pectra will make ETH staking more resource-efficient, enhance the blob mechanism, address lost keys issues and advance the way the second largest blockchain employs Account Abstraction (AA). Ethereum’s Pectra upgrade explained: EIPs, activation date, opinions Prague-Electra or Pectra is a hotly-anticipated upgrade (hard fork) on the Ethereum (ETH) blockchain that will include two phases and make the network faster, cheaper and more flexible. Pectra (short for Prague-Electra) is an upcoming Ethereum (ETH) blockchain hard fork that is expected to be…

The CATS project, is a meme coin built on The Open Network (TON) blockchain, designed to captivate the growing Telegram user base, has made some important announcement regarding the distribution of native token, $CATs, and upcoming airdrop rewards which has sparked a sense of excitement within the community. Tokenomics With a total supply of 600 billion $CATS, the meme coin projects is set to reward its active community members and incentivize growth. The token distribution is allocated as follows: 55% for Airdrops (divided between Season 1 and Season 2) 12% for Exchanges 10% for Early Growth Supporters 10% for Ecosystem…

Famous crypto pundit Ben Armstrong (BitBoy) has asserted that XRP will experience a bull run regardless of the latest actions from the U.S. Securities and Exchange Commission (SEC). Notably, the price of XRP is down 2% over the past day, currently trading at $0.5467. XRP rallied to a two-week high of $0.5612 on Thursday but has since lost those gains. The reversal comes as the SEC officially documents details of the rulings in the Ripple case that it chose to appeal. On October 17, the SEC submitted the required Form C statement to the U.S. Court of Appeals for the…

WazirX plans to disclose 240,000 wallet addresses and balances in an affidavit filed with the High Court of Singapore amid ongoing debt restructuring efforts. The exchange has been working to repay customers after a $230 million cyberattack in July crippled WazirX’s operations and left users without access to funds. The exchange’s holding company, Zettai Pte Ltd, is overseeing the restructuring process to stabilize operations and address outstanding liabilities. “At WazirX, we’ve always believed that transparency is key to building and maintaining trust with our users,” the exchange wrote on Twitter Wednesday. 📢 Disclosure of 240,000+ wallet addresses pursuant to debt…

A senior Linux developer responsible for maintaining Bitcoin’s primary random number generator, linux-rng, has earned one of the most prestigious grants available to developers. OpenSats, a non-profit public charity founded in early 2021 that has given away over $10 million, granted Jason Donenfeld long-term funding. Distinct from its short-term or project grants, OpenSats allocates funds on a long-term basis to some of Bitcoin’s most active developers. In May, Jack Dorsey replenished the philanthropy with an additional $21 million, more than doubling OpenSats’ capacity to give. Donenfeld joins other senior Bitcoin developers as a OpenSats Long-Term Support Grantee, including Marco Falke,…

The recent listing of Hamster Kombat’s HMSTR token witnessed a dramatic 20% drop in its price, stirring discussions among airdrop winners. Initially trading at $0.014, the token’s price has slipped to approximately $0.011. Hamster Kombat Distributes HMSTR Token Developed on The Open Network (TON) blockchain, Hamster Kombat is a notable tap-to-earn game. It rewarded 131 million qualifying players with a distribution of 60 billion tokens from its first season. The TON blockchain, closely linked with Telegram, has managed high user traffic following the token launch. Since launching in March, the game itself has amassed over 300 million users. Trading commenced…

Craig Wright, discredited in the UK High Court’s ruling against his claim to be Satoshi Nakamoto, has launched another legal action. Once again, he is targeting the Bitcoin Bitcoin Core Core developers. Wright claims that the Bitcoin Core developers have misrepresented BTC as the original bitcoin, while he insists that Bitcoin SV also known as BSV Vanguard Short-Term Bond ETF Bitcoin SV is the true version of bitcoin. In a decisive legal battle earlier this year, Justice Mellor of the COPA v Wright trial clarified beyond doubt Craig Wright’s claims. He ruled that the evidence against Wright was ‘overwhelming,’ conclusively…

Rulematch, a notable partner of Ripple, has announced a strategic partnership with SDX (Six Digital Exchange) aimed at revolutionizing the institutional crypto trading and custody landscape. This collaboration is set to provide banks and financial institutions with an integrated platform for seamless crypto trading, settlement, and management. 📢RULEMATCH – SDX Partnership Announcement RULEMATCH is proud to join forces with @SDX_global to bring financial institutions an end-to-end solution for trading, settlement and managing #crypto assets. Institutions can trade on RULEMATCH with post-trade clearing and… pic.twitter.com/DjZBdyqgFs — RULEMATCH October 17, 2024 Rulematch and SDX announce partnership (Source: X post) Rulematch and SDX…

According to data provided by CryptoQuant, Bitcoin has decoupled from gold. While the Bitcoin price is down substantially from its record peak that was achieved in March, the yellow metal recently hit a new record peak. Earlier today, it rallied to $2,800 per ounce. Gold has been rallying ahead of the U.S. Federal Reserve’s widely expected rate cut that is expected to take place later this September. According to the betting site Polymarket, traders are now pricing in a 36% chance of a 50-basis point rate cut. Of course, a 20-basis point rate cut remains the likeliest scenario so far.…

The Synesis Foundation, the organization behind Solana’s first AI data pre-processing solution, has established a strategic agreement with AirMoney DEGN. The partnership will facilitate the introduction of DePIN-focused consumer hardware in the form of the AirMoney DEGN device. The capabilities of a traditional hardware wallet are enhanced by AirMoney DEGN, which enables users to interact with web3 protocols over a secure DePIN (Decentralized Physical Infrastructure Network) framework. The device may also be used to interact with web3 games and securely trade cryptocurrency assets. The AirMoney DEGN’s usefulness will improve and the adoption of crypto hardware inside the DePIN space will…