Author: NBTC
EigenLayer, a well-known restaking platform with a TVL of 10.8 billion dollars, has just announced the addition of Bitcoin as an enabled asset for deposits. Thanks to the collaboration with the decentralized autonomous organization Threshold Network, tBTC, a derivative of BTC on the Ethereum network, has landed on the platform. This is a great milestone for EigenLayer that opens the doors for the first time to economic incentives for the reassurance of the network through the restaking of Bitcoin. The demand for this type of product could reach very high levels right away, given the success recorded in other competitor…
Efrogs, a pioneering NFT community on the Linea blockchain, has become the first to integrate Ethereum Name Service (ENS) subdomains. This development allows Efrogs NFT holders to own personalized ENS subdomains based on their NFT ID, such as “100.efrogs.eth,” which directly links to their wallet address. This personalized subdomain feature is automatically assigned to holders and remains tied to the NFT, transferring ownership whenever the NFT is sold. 𝖣𝖾𝖺𝗋 𝖤𝖿𝗋𝗈𝗀𝗌 𝖢𝗈𝗆𝗆𝗎𝗇𝗂𝗍𝗒! 🐸💚 𝖭𝖾𝗐 𝖠𝖼𝗁𝗂𝖾𝗏𝖾𝗆𝖾𝗇𝗍 𝖴𝗇𝗅𝗈𝖼𝗄𝖾𝖽 📝𝐄𝐟𝐫𝐨𝐠𝐬 𝐛𝐞𝐜𝐚𝐦𝐞 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐨𝐧 @LineaBuild 𝐭𝐨 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞 @ensdomains 𝐒𝐮𝐛𝐝𝐨𝐦𝐚𝐢𝐧𝐬.… pic.twitter.com/Wwo7jKcdgJ — Efrogs 🐸 (@efrogs_on_linea) October 10, 2024 The integration of ENS subdomains is…
The rise of Web3 has revolutionized how venture capital operates, requiring firms to adapt to the decentralized and fast-moving blockchain space. Victus Capital is leading this charge by redefining venture capital models to meet the needs of Web3 startups, providing both financial and strategic support to foster their growth. Web3 and the Changing Face of Venture Capital As Web3 continues to disrupt industries, the traditional venture capital model is being rethought. Victus Capital has responded to this shift by embracing innovative investment approaches tailored to the decentralized nature of Web3. Rather than focusing solely on financial returns, Victus Capital’s model…
On Sunday, Sept. 29, 2024, market data revealed that the TON-powered crypto asset, hamster kombat (HMSTR), experienced a 14% drop against the U.S. dollar over the last day, just three days after its market debut. Initially trading at $0.009993 per token when it first hit major exchanges, HMSTR has since lost over 42% of its value. TON-Powered Hamster Kombat Coin Reaches All-Time Low on Sunday The numbers indicate that HMSTR, the native token for the TON-based Web3 game Hamster Kombat, still faces significant sell-offs. Bitcoin.com News previously reported a 30% decline in the token’s value on its opening day across…
Elizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that her leadership is increasingly out of touch with today’s fast-changing economy. Massachusetts needs fresh leadership that embraces innovation, not one that stifles it. Enter John Deaton, a pro-crypto advocate and attorney who understands the promise of blockchain technology and decentralized finance. The following opinion editorial was written by Bitcoin.com’s Business Development Manager Ben Friedman. Elizabeth Warren has made it clear that she…
Transaction speed is a critical factor across multiple industries, from finance to gaming. Rapid transactions enable new opportunities in cross-border payments and supply chain management. NFTs and gaming benefit from quick transaction processing for digital asset trading and ownership. Interestingly, transaction speed has emerged as an important consideration in today’s uncertain and rapidly evolving digital business environment. Everything for financial services to support gambling needs faster methods of processing and this is changing industries and contributing to fresh opportunities. Indeed, this article covers five important domains where high-speed transactions are occurring. Financial Services and Trading The financial market has been…
Today marks a milestone that echoes through the corridors of cryptocurrency history, as Budapest, Hungary, proudly celebrates the third anniversary of the world’s first statue dedicated to Satoshi Nakamoto, the anonymous inventor of Bitcoin (BTC). The monument, which will be unveiled in 2021, was brought to life by the creative minds of sculptors Gergely Réka and Tamás Gilly. The sculpture shows the upper half of a figure with a reflective face covered by a hoodie with the Bitcoin logo. Designed to embody the notion that “we are all Satoshi,” the statue eloquently expresses the belief that innovation and progress are…
This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished, The newsletter also includes the biggest stories of the week with a comment on each story. Liquidity Rising The global liquidity cycle has come to prominence in the past three or four years in no small part thanks to the work of Cross Border Capital’s CEO and Managing Director Michael Howell. His system, informed by his work as Research Director at Salomon Brothers from ‘86 to ‘92, provides a more comprehensive view of global liquidity than those…
MasterCard and Ripple are working together to improve transfers speed and efficiency. The partnership aims to make overseas money sending easier for everyone. This move points out the growing use of digital currencies in everyday economics. Mastercard has announced its cooperation with Ripple to integrate its XRP into the SWIFT monetary system. This collaboration aims to improve the efficiency of multinational deals. By using Ripple’s blockchain technology, the company wants to streamline methods for enterprises and consumers around the world. This collaboration marks an important moment in the changing world of digital finance. XRP and SWIFT: A New Era of…
As the UK prepares for a Central Bank Digital Currency pilot in 2025, critics warn that it could introduce unprecedented levels of state surveillance. While CBDCs promise to modernize the financial system, experts from organizations like Big Brother Watch argue that the government may not prioritize privacy. According to Susanna Copson, Legal and Policy Officer at Big Brother Watch, “The case for a UK CBDC still has not been made—especially given the risks to privacy, equality, and even potentially freedom of expression. The Bank of England and Treasury must justify why overhauling our financial landscape with a CBDC is necessary…