Author: NBTC

It is exciting news that the recent announcement of the launch of MACH AVS has created a buzz around the crypto world. MACH AVS is a progressive, swift, and active validated service (AVS) for OP Mainnet and Arbitrum One, now live on the testnet. With such an initiation, MACH can go on the mainnet in the coming weeks. Background of MACH MACH has operated as an AVS by providing scope to the users by delegating LSTs or ETH along with ALT tokens, considering the registered operators. Economic collateral is deposited in terms of securing MACH for attesting the validity of…

The latest CoinShares report on the flow of funds щт the market of crypto-oriented investment products has revealed significant movements within the landscape. Notably, XRP-oriented investment products attracted a noteworthy $1.5 million influx just last week. This marks a continuation of the upward trajectory for XRP, with a total of $2.3 million flowing in since the beginning of March and a substantial $9 million since the commencement of the year. XRP’s ascendancy as one of the leaders among altcoin-oriented investment products is underscored by these figures. Only Solana (SOL), with $23.6 million, and unexpectedly Polkadot, with $2.7 million, have shown…

John Deaton has slammed Senator Elizabeth Warren regarding taxes. Deaton’s case rests on the notion that wealthy individuals shouldn’t be taxed, even the poor. This particular viewpoint contradicts Warren’s social media remarks. Warren had used the substantial earnings of big businesses and the wealth accumulating among the richest people as arguments for her anti-taxation approach. Deaton, meanwhile, favors enhancing the financial standing of the middle and poor classes without increasing extra taxes on the rich. Deaton has gained popularity for its political objectives amongst crypto fans. The pro-crypto lawyer cryptocurrency-based election campaign has attracted wide support. The simple fact that…

Web3 venture fund Press Start Capital and web3 gaming investment firm Sanctor Capital, have announced the opening of applications for the Multiplayer Fellowship, focusing on fully on-chain games (FOCG). Startups are invited to apply for the 8-week pre-accelerator program, which offers a $50K SAFE/SAFT investment, mentorship from top minds in the industry, and a network of like-minded entrepreneurs. Han Kao, CEO of Sanctor Capital said, “fully on-chain games represent the bleeding edge of gaming innovation, and have the best chance to unlock the full potential web3 technologies offer to the industry.” The program does not charge founders an upfront program…

Blockchain solutions pioneer Blubird and disruptive technology leader Beyond Enterprizes have launched a transformative partnership that can potentially alter the blockchain innovation landscape. Beyond is positioned as an incubator partner as a result of this innovative collaboration, which aims to encourage and accelerate the development of emerging blockchain enterprises. As a result of this collaboration, Blubird becomes a significant technology supplier, supplying state-of-the-art technologies on the back of the projects that Beyond incubates. Blubrid brings a multitude of experience and knowledge to the table in creating a reliable blockchain solution. It has established itself as a reliable partner for businesses…

A recent surge in the computing power on the Bitcoin blockchain has sped up the creation of new blocks as mining companies seek to cash in on the bullish trends in the market. Miners are bringing new, more powerful rigs online and even plugging in older machines again, pushing up the network computational power known as the “hashrate.” History appears to be repeating itself: A similar dynamic played out four years ago in the months before the last halving, which came earlier than expected. The crypto world is eagerly awaiting next month’s bitcoin “halving” – the once-every-four-years event when the…

Liquidus Finance, a well-known DeFi platform has recently started a new partnership with a decentralized exchange Kyber Network. The collaboration reportedly pays significant attention to the integration between the two entities to improve the trading efficiency to facilitate consumers. Liquidus took to its official X account and announced the respective development. 🚀 Exciting News! #Liquidus partners with @KyberNetwork ! 🌐 Liquidus Router now integrated into Kyberswap’s aggregator, enhancing trade efficiency.🔄 Swap on Liquidus for the best rates, powered by Kyberswap. https://t.co/53TRfOk9kl — Liquidus (@LiquidusFinance) April 7, 2024 The Latest Partnership Between Liquidus and Kyber Enhances Trade Efficiency In addition to…

Russian fintech firms have begun joining the country’s digital ruble pilot, as the Central Bank looks to widen the scope of its CBDC project. Per the Russian media outlet Cnews, SimbirSoft and Sinara Lab will help the Central Bank and its banking partners “implement the digital ruble software products in online and mobile banking applications.” Russian Fintech Startups Join Digital Ruble Pilot The move appears to indicate that Moscow may be taking cues from the Chinese central bank’s CBDC playbook. The digital yuan has been successfully integrated with the banking platforms of several state-owned banks, as well as neobanking firms.…

Quick Take The Bitcoin network is experiencing a remarkable surge in its hash rate, a crucial metric that reflects the computing power dedicated to processing transactions and maintaining the blockchain. According to the latest Glassnode data, the 7-day moving average hash rate has reached an astonishing 620 EH/s, nearing all-time highs. Notably, the upcoming difficulty adjustment, scheduled for Apr. 10, is projected to exceed 3%, according to Newhedge, further reflecting the growing computational power securing the network. This adjustment is particularly significant as it precedes the much-anticipated Bitcoin halving event scheduled for Apr. 20, where the block reward for miners…

Polygon Labs CEO Marc Boiron believes that the intense rivalry between Ethereum layer-2 networks is the “biggest problem” facing the second-largest digital asset by market capitalization. In an April 7 post on social media platform X, Boiron emphasized how the competition between these networks has led to Ethereum cannibalizing itself continuously. He explained: “Ethereum’s biggest problem is cannibalizing itself continuously via all L2s competing over devs, users and liquidity rather than competing outside of the Ethereum ecosystem. Microeconomics 101 would tell you this is a bad strategy. I don’t have the answer but it needs to be addressed.” Several crypto…