Author: NBTC
Solana Chain’s memecoin project and Telegram mini-game, Wukong has been officially launched. With this game, once can win the NFT whitelist by inviting five friends, while increasing computing power, and start mining after NFT Mint is completed. In a X post, Wukong announced, “Participate in the Wukong Telegram game to earn POWER for free, which can be used to mine Wukong tokens without any fees. Courtesy: Wukong X account The more POWER you have, the more tokens you can mine. Invite friends to boost your POWER! (Wukong token mining will start after the NFT minting phase.)” NFT whitelist participation can…
Secret Network’s DeCC integration with Solana boosts security for DAOs, DeFi, NFTs, and more, driving confidential blockchain applications. Solana developers can now leverage Secret’s TEEs for private data processing, unlocking seamless and secure decentralized apps. SecretPath expands to Solana, enabling cross-chain confidential computing, and pushing Web3 innovation with privacy-first solutions. Secret Network has announced the integration of its Confidential Computing Layer with Solana, bringing decentralized confidential computing (DeCC) to the blockchain ecosystem. This collaboration provides Solana with powerful tools, enabling private voting for DAOs, encrypted storage, and confidential data for NFTs. Moreover, it introduces secure random number generation and encrypted…
The Bitcoin-to-Gold ratio has reached a decisive juncture, as veteran market analyst Peter Brandt points out the possibility of a tradable local low. In a recent post on X, Brandt shared a chart of the BTC/GC (Bitcoin/Gold) ratio, identifying a descending channel that could signal a reversal. This has triggered speculation across the market, as the ratio has been trending lower over the past several months. Bitcoin Reaches Critical Juncture Bitcoin initially outperformed gold at the start of 2024. Amid this trend, the BTC/GC ratio spiked from 20.5 at the start of the year to a peak of 34.08 on…
Robby Yung, the CEO of crypto investment firm Animoca Brands, predicts that every Web3 project will soon have a Telegram experience. This is the result of Telegram gaming exploding this year with crypto projects like Hamster Kombat attracting over 300 million users. Yung believes this represents the start of mass adoption. “Anybody with a Web3 app will have a Telegram strategy for user onboarding because it represents a distribution, advertising, and marketing vector. It represents the top of the funnel for user acquisition,” Yung told Decrypt at Zebu Live in London. “Everybody from DeFi through to gaming, regardless of where…
In an exciting development, HypeQuest has announced its forthcoming integration with Manta Network, the largest modular Layer 2 (L2) on Ethereum. This move will enhance HypeQuest’s capabilities, leveraging Manta’s robust throughput and user-centered design to bring new dimensions to the SocialFi and GameFi ecosystems. We’re stoked to announce that we’ll be launching on @MantaNetwork – the largest modular L2 on ETH!With its exceptional throughput and power and a strong focus on user-centeredness, our integration into Manta will enhance our hypersocial economic features, designed specifically… pic.twitter.com/gV8gcQTpoX — HyperRoll (@HyperRollcash) October 15, 2024 Enhanced User Experience and Economic Features According to the…
Tokensoft partners with Stacks Foundation and Bitcoin Frontier Fund to accelerate Bitcoin builders
Tokensoft has partnered with Stacks Foundation and Bitcoin Frontier Fund to help Bitcoin builders launch their projects faster and more efficiently. The collaboration aims to embed Tokensoft’s education and services into startup support programs like N21 and Bitcoin Frontier Fund’s accelerator. The partnership will provide Bitcoin builders with access to Tokensoft’s resources, reducing risk while accelerating fundraising opportunities and Token Generation Events. This comes as Stacks’ Nakamoto upgrade rolls out, bringing fast blocks and 100% Bitcoin finality to the layer. “After ten years, we’re excited to finally see some regulatory certainty when it comes to token issuers,” Mason Borda, CEO…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. NFTs aren’t dead. Their potential is just different from what was originally embodied by the epic rise and crash of the PFP market in 2021. Profile pictures, digital art, and collectibles are just a few basic use cases for nonfungible tokens, a revolutionary form of digital asset in which, unlike cryptocurrency tokens, each item is unique and typically cannot be seamlessly substituted for another. You might also like: Museums, AI-generated art, blockchain, and NFTs | Opinion Unfortunately,…
The Core Foundation launched the Core Commit Program to incentivize developers to create innovative decentralized applications (dApps) on the Core blockchain. 1/6 🔶Core Foundation Launches ‘Core Commit Program’ Offering Devs Funding and Access to 100+ VCsThe Core Foundation has announced the Core Commit Program, an initiative to support and incentivize developers building on #Core. Whether you’re an experienced developer or just… pic.twitter.com/TtORsE1eMV — Core Builders (@corechain_devs) October 14, 2024 The program operates as a Call for Innovation, offering developers a unique opportunity to engage with the Core ecosystem. Each month, participants can earn rewards based on their code commits and…
The crypto market is again battling bearish volatility, with Bitcoin dipping to as low as $57,694 at the time of reporting. Notably, this latest round of correction comes just two days after Bitcoin made an unsuccessful attempt to break through the $61K price range. Since touching $60,650 on Saturday, the premier crypto has since crashed by 4.87%. While many in the market are hoping for a short-term rebound, renowned economist and long-time Bitcoin skeptic Peter Schiff has issued a warning to cryptocurrency investors. In a recent commentary about Bitcoin on X, Schiff argued for a substantial decline in Bitcoin’s price…
Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings
The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” ENA is trading at 0.361 at time of writing, up from around $0.248 one week ago. The 115th-ranked crypto asset by market cap is also up more than 14% in the past 24 hours. On Tuesday, Ethena announced that its…