Author: NBTC
Tranglo expands services to Brunei, focusing on faster and more secure remittances for migrant workers through Ripple’s blockchain. Instarem integrates Apple Pay with Amaze card, enhancing the ease of contactless cross-border payments via mobile devices. Tranglo, a Ripple partner, has expanded its services to Brunei, highlighting the company’s continued growth in Southeast Asia. This growth is particularly noteworthy given Brunei’s sizeable migrant labor community, many of whom rely on cross-border remittances to support their family back home. #Ripple partner Tranglo is expanding service to Brunei. The workforce has many migrant laborers from nearby countries. Interesting to see the “8 supported…
BTC’s 200-day SMA is close to shedding its bullish bias for the first time since October. Short-term averages have already flipped bearish. The nonfarm payrolls report due later Friday is likely to show the U.S. jobless rate ticked lower in August. The 200-day simple moving average (SMA) of bitcoin’s (BTC) price, a widely tracked barometer of the largest cryptocurrency’s long-term trajectory, is about to lose its bullish momentum ahead of key U.S. jobs data that is set to influence the Federal Reserve’s interest-rate outlook. Since late August, the gauge has averaged a daily increase of less than $50, well below…
Justin Bons, the outspoken founder and CIO of Cyber Capital, has stirred crypto twitter with a salvo of tweets scorning the Ethereum ecosystem. The former Ethereum supporter, now turned critic, unnerved several crypto enthusiasts with his claims that the blockchain was cooked. He argued that self-interest had led Ethereum to prioritize the development of layer two (L2) chains over scaling its base layer (L1). Consequently, the blockchain had slid into Bitcoin’s irrelevance, effectively moving it beyond salvage. Bons tweeted: 1/9) Ethereum is cookedCorrupted by L2 VC funding & tokens, nobody is scaling ETH’s L1 anymore; they will not allow it!That…
Xandeum, a blockchain storage layer platform on Solana, plans to unveil a scaling solution, liquid staking program, and the native token XAND on September 20, 2024. According to a press release shared with crypto.news, Xandeum will roll out these features and the XAND token at the Solana (SOL) Breakpoint 2024 conference in Singapore. Scaling Solana’s storage model Some of the biggest announcements in the Solana ecosystem have come during its Breakpoint conference, including the Firedance testnet in 2023. The community expects more at Breakpoint 2024 Singapore. Xandeum says its storage layer will scale Solana’s current storage model, with the technology…
As Bitcoin’s price retraces, large holders known as whales are seizing the moment, quietly accumulating while retail investors offload in fear. This trend, highlighted by data from Santiment, suggests that these influential players are seeing opportunity in the recent market downturn, even as headlines continue to warn of crashes and bear markets. Bitcoin Whales on a Buying Spree Brian Quinlivan, Lead Analyst at Santiment, notes a significant uptick in whale accumulation over the past three months. According to Santiment’s data, Bitcoin wallets holding at least 10 BTC have increased their balances by 34,200 BTC, worth roughly $2.15 billion, since June,…
Ethereum co-founder Vitalik Buterin recently shared new insights in “The Possible Future of the Ethereum Protocol (Part 6: The Splurge),” outlining ambitious goals to advance the Ethereum ecosystem. In this phase, Buterin emphasized the importance of achieving a high-performance, stable “final state” for the Ethereum Virtual Machine (EVM), which is central to the protocol’s functionality. Possible futures of the Ethereum protocol, part 6: The Splurgehttps://t.co/OabLldVCqj — vitalik.eth (@VitalikButerin) October 29, 2024 Vitalik Buterin defines account abstraction as one of the major objectives of this stage. Buterin aims to enhance user experience and security, making Ethereum accounts more convenient and safer…
Musician and meme coin figurehead Iggy Azalea claims that was told that she couldn’t twerk onstage alongside a group of dancers at this week’s Solana Breakpoint conference as it “would go too viral.” Azalea said that she canceled her appearance at the event following the late news, which she described as a “bait and switch” from conference organizers. The Australian rapper released a Solana meme coin called MOTHER in June amid the celebrity token boom. Unlike many others who hopped on the celeb coin trend, Azalea has continued to promote her project and is bringing utility to holders via partnerships.…
At the beginning of the year, Bitcoin’s price was around $44,215.21. In late January, the market gained strong upward momentum, pushing the price to a yearly peak of $73,057 in mid-March. Since then, the market has been slowly declining, though in early June and late July, buyers made unsuccessful attempts to push the price higher. Now, the price stands at $56,045. On August 25, it was around $64,218. By August 28, it had slipped below the $60,000 mark. Currently, the Bitcoin market is struggling to break above this key level. Experts have shared something interesting about Bitcoin’s price action. Let’s…
The Shiba Inu ecosystem X handle calls attention to the launch of an NFT Bridge feature on the Layer-2 scaling solution, Shibarium. The team behind the Shiba Inu ecosystem announced the development yesterday, emphasizing that users can easily deposit and withdraw their NFTs. It quoted an earlier disclosure from Shibarium’s official X handle, shedding light on the recent upgrade. NFT bridge is now live on Shibarium! 🎉 Easily deposit and withdraw your NFTs. Check out our thread for a step-by-step guide. #Shibarium https://t.co/cIFvr2555l — Shib (@Shibtoken) October 28, 2024 Shibarium NFT Bridge Per the post, crypto users can now transfer…
One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum’s Liquid Staking Surge Ethereum liquid staking has skyrocketed in popularity recently, with protocols now securing 11.74% of the total 120,401,221 ETH in circulation. For perspective, that’s 5.15 times more than the 2.28% of ETH managed by U.S. spot ether exchange-traded funds (ETFs). By late Sept., 30 liquid staking protocols reached the 14 million ETH threshold, and Bitcoin.com News at the time reported a combined total of 14.08 million ETH.…