Author: NBTC
In the realm of blockchain, Mina Protocol stands out since its blockchain is fixed in size, and it is based on the idea of a proving system employing recursive zk-SNARKs. With this method, L1 security is guaranteed, and the synchronization process is rapid as if there were a full node. However, the amount of data to handle will be less. It is not only a layer for smart contracts but also increasingly becomes a hub for zkApps, which are, in fact, many different apps that use unique zero-knowledge features such as modular proofs, extended off-chain computation, and no transaction costs.…
2022-2023 was an excellent period for naysayers who crushed, denounced, lambasted, and even proclaimed Bitcoin (BTC) is “dead.” A “dark age” where there appeared to be little hope that the primary cryptocurrency would once again rise or even exceed its previous peaks. However, BTC always seems to have the final word (at least, it has been like that in its 15-year history). Its price launched a massive rally at the beginning of 2024 that led to an unprecedented height of over $72,000. The asset is back on the front pages; the hype surrounding it keeps rising each day, while critics…
dYdX to distribute ’60 to 80 million’ to stakers this year: Marketing head says dYdX Chain’s trading volume hits $100 billion, stakers to benefit from robust rewards. The Foundation supporting decentralized crypto exchange dYdX is setting the stage to distribute “60 to 80 million” in USDC to its stakers this year, Tristan Dickinson, the head of marketing and communications, revealed in an exclusive interview with Crypto Briefing. “The adoption has been pretty staggering. We hit 100 billion in dYdX chain trading volume yesterday. So that’s in less than five months.” said Dickison in a interview at Paris Blockchain Week. “Maybe…
Ethereum price dived over 10% before the bulls appeared near $2,550. ETH is back above $3,000 and now faces many hurdles near $3,200. Ethereum is attempting a recovery wave from the $2,550 support zone. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a rising channel forming with resistance at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above the $3,000 support zone. Ethereum Price Eyes Recovery Wave Ethereum price started a major decline from the $3,550 resistance. ETH declined over 10% and…
Nimble Network, a well-known AI protocol, has announced an exclusive integration to offer comprehensive decentralization. The company announced on its X account that Greenfield (the data storage mechanism of BNB Chain) will integrate with Nimble Network to increase the decentralization of the AI stack. Our newest integration with @BNBCHAIN’s Greenfield brings us one step closer to fully decentralizing the AI stack.Nimble will use BNB’s Greenfield data storage system to store models used within our protocol, eliminating one more centralization point in traditional AI.… pic.twitter.com/E7bV3Q0HYS — Nimble Network (@Nimble_Network) April 12, 2024 Nimble Network Announces Integration with Greenfield of BNB Chain…
An influential Dogecoin contributor who goes by the name Mishaboar on X/Twitter has published a warning to the DOGE army. He stressed that his warning is particularly important in light of the approaching Bitcoin halving approximately one week from now. Mishaboar has warned that he expects extreme volatility to hit the cryptocurrency market, hence, the advice he offered to the DOGE army in his tweet. DOGE contributor’s major warning The contributor has once again warned the Dogecoin community to stay away from using leverage or trading any crypto derivatives. Mishaboar stressed that this advice is good at any time, but…
According to Ohanian, there is an “indisputable need” for both AI and blockchain. Blockchain technology, in his view, offers a way around the problem via inscriptions. Alexis Ohanian, co-founder of Reddit, has put forth a notion that blockchain technology and artificial intelligence (AI) might collide. The tech entrepreneur claims that artificial intelligence and blockchain are on the cusp of a “collide” that will lead to mutual reinforcement. He elaborated by saying that the connection between the two cutting-edge technologies was the inspiration for his hypothesis. According to Ohanian, there is an “indisputable need” for both AI and blockchain. Vision for…
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and the price increase, these factors could offset revenue losses from the halving for miners. However, the halving will make mining much less profitable, particularly for those with high operational costs, potentially leading some to cease operations. Bitcoin’s 11th Hour — Miners Brace for Upcoming Reward Cut Bitcoin’s inflation rate is set to significantly decrease around April…
Astroport, a Tera-based AMM that offers non-custodial and decentralized liquidity, has witnessed an exclusive development. As per its recent announcement on X, the platform has effectively migrated staking and governance from the open-source blockchain forum Terra to Neutron. It noted in its post that the respective development denotes the momentous move of the earliest transaction of this type. Today marks a groundbreaking moment in the Cosmos ecosystem: Astroport has successfully migrated its governance and staking hub from Terra to Neutron. This historic achievement represents the first-ever transfer of a protocol’s governance hub from one blockchain to another within… pic.twitter.com/Fjd0CuFrn0 —…
James Howells, a 38-year-old IT expert, has initiated a legal battle to recover a hard drive containing Bitcoin now valued at approximately £1.5 billion, according to The Daily Mail. Howells has been trying to recover the stolen funds for roughly a decade. A decade-long quest Howells’ ordeal began with a simple yet fateful cleaning mishap ten years ago, leading to an unimaginable loss. Unfortunately, this bag was mistaken for trash, and without realizing the crucial mistake, his partner disposed of it at a local council landfill. This hard drive wasn’t just any piece of hardware; it contained the private keys…