Author: NBTC
In the 1980s, artist Susan Kare put a human face on the Apple Macintosh, designing the icons and typefaces that revolutionized how we interact with computers. Now she’s once again bridging the digital and physical worlds with a new collection of artwork, Esc Keys, launching at London’s Asprey Studio as part of Frieze London. Esc Keys. Image: Susan Kare/Asprey Studio “I was a typical art kid who liked to paint and all kinds of crafts, and never imagined I would want to work for a Fortune 500 manufacturing company,” Kare said at Tuesday’s launch event for Esc Keys. After studying…
The new Ethereum improvement proposal, officially EIP-7781, would increase throughput by 50%. The submission from Illyriad Games co-founder Ben Adams follows earlier proposals by Ethereum co-founder Vitalik Buterin and others for improving the blockchain’s overall processing capacity. Ethereum has faced growing criticism that it has failed to scale the main blockchain, since it has mainly pushed in recent years to enable the proliferation of affiliated layer-2 networks that are optimized for higher transaction execution. Drawbacks include the possibility that validators might need additional resources to support the higher throughput. A new upgrade proposal for Ethereum could improve network throughput by…
Binance Research has revealed that the sector of RWA (Real World Assets) tokens on blockchain is experiencing real growth. The market has surpassed 12 billion dollars. Binance Research and the rapid growth of the RWA token market Binance Research: the growth of the RWA token market and the crucial role of institutions The latest news on the Real World Asset sector Binance Research and the rapid growth of the RWA token market The report by Binance Research highlighted a rapid growth in the Real World Assets sector on blockchain. In fact, at the moment, the on-chain market of RWA tokens…
EigenLayer his been hit by criticism after it was revealed that staking rewards received by early investors are not restricted by token lock-ups. The situation echoes Celestia’s token launch, which was followed by a 75% plunge as investors could sell staking rewards. The EIGEN token initially rose to $4.39 and has since slumped by more than 20% to $3.57. In some ways, the release of EigenLayer’s native EIGEN token this week went as expected. The price surged moments after it was listed on exchanges, leading to a price discovery period culminating in a 22% slide from its momentary record high.…
The SEC is appealing the recent court ruling in the Ripple case, even though it lacks strong evidence to support its claims. The agency is struggling to prove that XRP buyers expected profits based on Ripple’s efforts. Judge Torres ruled that Ripple’s actions, including the sale of XRP held in escrow, did not influence price movements enough to establish investor expectations of profit. The SEC’s case now depends on convincing the appeals court that these programmatic buyers wanted returns based on Ripple’s operations. The SEC wants to argue this point even though the court rejected their own expert testimony on…
Alchemy Pay has unveiled Samsung Pay integration for its Virtual Card service, allowing users to make fast and secure payments using cryptocurrency. Alchemy Pay users can now connect their virtual crypto cards to Samsung Pay for seamless transactions online and in-store, according to a press release from Alchemy Pay. This update complements the existing Google Pay option, giving Alchemy Pay cardholders more flexibility in paying with cryptocurrency. For those unfamiliar with crypto payments, Alchemy Pay’s Virtual Card will allow users to spend their digital assets the same way they would with traditional money. By linking their card to Samsung Pay,…
FBS, a leading global broker, has released a new analysis exploring how anticipated U.S. interest rate adjustments could influence the cryptocurrency market, with a particular focus on Bitcoin. According to FBS analysts, the Federal Reserve’s monetary policies play a significant role in shaping market dynamics, including investor behavior toward digital assets. FBS analysts reference the 2020 period when the Federal Reserve’s decision to reduce rates contributed to Bitcoin’s 1600% surge. The report explains that with lower borrowing costs and less attractive traditional investments, many investors moved toward Bitcoin as a potential inflation hedge and higher-yield asset. Conversely, in periods of…
Today, enjoy the Forward Guidance newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Forward Guidance newsletter. SEC strikes again In an exciting start to the SEC’s 2024-2025 fiscal year, Singapore-based Crypto.com has been served a Wells notice, and, in response, filed a suit against the securities regulator. In its complaint, the exchange says the SEC is “unlawfully expanding its jurisdiction to cover secondary-market sales” of certain cryptocurrencies. These certain tokens are, according to Crypto.com: SOL, ADA, BNB, FIL, FLOW, ICP, ATOM, ALGO, NEAR and DASH. There are some familiar names here. In its…
Binance announced its 60th Launchpool project yesterday and stated that it is Scroll (SCR). As users begin to join Launchpool, whales have sprung into action, buying more than $110 million worth of BNB following the announcement. Whales Rushed to BNB! According to Lookonchain’s post, 4 whales took action immediately after Binance’s announcement and purchased a total of $112.4 million worth of BNB to use in Launchpool. “After Binance announced Scroll (SCR) as its new Launchpool project, 4 whales borrowed 195,500 BNB (worth $112.4 million) from Venus and deposited it into Binance to join Launchpool. 0x1e7f- Borrowed 65K BNB (worth $37.34…
Ethereum (ETH) has experienced a modest 1% price increase over the past 24 hours, reflecting the broader cryptocurrency market’s uptrend. This rebound comes after a week-long decline, largely attributed to political tensions in the Middle East. Although the rally offers temporary relief for ETH holders, BeInCrypto’s analysis indicates it may be short-lived. Weak on-chain demand and a persistent bearish sentiment surrounding the altcoin suggest that the recovery could struggle to maintain momentum. Ethereum Witnesses Poor Demand The negative readings from ETH’s price daily active address (DAA) divergence reflect the poor demand for the altcoin among market participants. This metric, which…