Author: NBTC

After teasing the launch of the Magic Eden token ME in August, the Magic Eden Foundation has provided the latest update on when the airdrop will happen. The Magic Eden Foundation has not released a launch date for the ME token. However, in its update on Sept. 30, it noted that a claim simulation will take place in October. The token claim will be available via the Magic Eden Wallet. ME token simulation in October Anticipation for ME, as with other major recent platform token airdrops, is massive. To prepare the community, Magic Eden plans to simulate the token claim…

Fighting organization Karate Combat is set to launch a Hedera layer-2 network called UP in Q1 2025. This will enable the league to license its “Up Only Gaming” tech stack that powers its app to other sports, leagues, and projects—maybe even meme coins. Karate Combat, which counts MMA legends Bas Rutten and Georges St-Pierre as ambassadors, has grown in popularity in recent years thanks, in part, to its push into crypto and its token-hungry user base. Karate Combat’s mobile and web app allows users to wager KARATE tokens on upcoming fights. Bet correctly and you win KARATE tokens; bet incorrectly,…

Bitcoin price started another increase above the $60,500 resistance. The Fed reduced rates by 0.50%, sparking a bullish wave in BTC toward $62,500. Bitcoin is gaining pace above the $60,200 resistance zone. The price is trading above $60,500 and the 100 hourly Simple moving average. There was a break above a short-term declining channel with resistance at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $60,500 support zone. Bitcoin Price Surges By 5% Bitcoin price remained supported above the $58,500 level. BTC formed a base…

According to the latest market trends, the artificial intelligence (AI) coin bittensor (TAO) has overtaken internet computer (ICP), now sitting as the second largest AI-focused coin, just below near protocol (NEAR). TAO’s 5.7% 24-Hour Jump Pushes it Ahead of ICP in AI Coin Market Kicking off the week, despite a general market slump, bittensor (TAO) saw a 5.7% increase in the past 24 hours. Over the last month, TAO has climbed 109.6% against the U.S. dollar. As of today, TAO’s trading range is between $540 and $604 per token, bringing its market valuation to $4.436 billion. This rise edged TAO…

If you’ve been on the online shooter video game portion of the internet over the last few days, then you’ve likely heard of Off the Grid, a brand new battle royale game that is picking up serious steam with players. Off the Grid has already topped the Epic Games Store’s list of the most popular free-to-play games, plus it’s commanding huge crowds on Twitch. In short: It’s a hit. But what you might not know is that Off the Grid is a blockchain game built on Avalanche, with plans for a crypto token and the ability to mint rare items…

Liveness is a critical component of the Interchain Stack, influencing operational reliability, scalability, and performance. Ensuring that all nodes can communicate consistently reduces downtime and improves overall system functionality. However, decentralized blockchain development presents significant challenges in providing liveness guarantees at the protocol level. Interchain Foundation revealed this trailblazing news through its official media account, X. 1/ Liveness is an important concept in the Interchain Stack, affecting operational reliability, scalability, and performance.Yet, the inherent challenges of decentralized blockchain development make it challenging to provide liveness guarantees at the protocol level today. pic.twitter.com/Q5WHxlMVPt — Interchain Foundation (@interchain_io) October 11, 2024 Safety…

Spot Bitcoin ETFs continued doing well this week as investors reacted to the encouraging statement by the Federal Reserve. These funds saw inflows for four consecutive days through September 17 when they added over $186 million in assets. Altogether, they have added over $500 million in assets in the past four days, bringing the total inflows to $17.4 billion. Most of these ETFs have added assets, with the iShares Bitcoin Trust (IBIT), Fidelity Bitcoin Trust (FBTC), Ark Bitcoin Trust (ARKB), and Bitwise Bitcoin Fund (BITB) having over $20 billion, $10.6 billion, and $2.29 billion, respectively. On the other hand, the…

It’s no secret that privacy and security are major concerns in today’s digital age. With the rise of blockchain technology, there has been a growing interest in finding more secure and private ways to conduct transactions online. One company that is at the forefront of this movement is COTI. Founded by Shahaf Bar Gefen, COTI strives to establish itself as the swiftest and most lightweight privacy layer in Web3. We recently had the opportunity to speak with Shahaf about his vision for COTI and the future of online transactions.—Shedding Light On The Inception of COTIShahaf has been in crypto since…

Fans can now invest in their favorite players and profit through Win Investments’ innovative tokenization platform. The Argentine Football Association’s deal with Win Investments marks a pioneering move in sports financing and fan engagement. The Argentine Football Association (AFA) has embarked on a pioneering venture by partnering with the fintech startup, Win Investments, to tokenize the training rights of players. This innovative collaboration, announced by AFA President Claudio “Chiqui” Tapia, enables 28 premier league teams to secure direct financing through the startup’s platform. Central to this agreement is the ability for clubs to tokenize and monetize the training rights of…

Blockchain intelligence firm Arkham has identified that MicroStrategy has transferred 4,922.697 BTC to three new unmarked addresses. This large movement of BTC in multiple transactions occurred an hour before and also after the Federal Reserve announced a 50 basis point rate cut. Following the Fed’s rate cut announcement, the price of Bitcoin surged by 3%. The global cryptocurrency market cap also increased by 3% to reach $2.14 trillion. MicroStrategy’s BTC movement happened in 4 transactions The transfer was executed in four separate transactions. The movement of the Bitcoin was as follows: 360.251 BTC, 2,026 BTC, 395.446 BTC, and 2,141 BTC.…