Author: NBTC

TRON experienced significant growth in Q2 2024, with increased daily transactions, active addresses, and stablecoin market cap. The circulating market cap of TRX grew to $10.9 billion. TRON experienced significant growth in Q2 2024, showcasing positive trends across various key metrics, according to a recent report by Messari. Despite a slight decrease in revenue, the platform continued to strengthen its market presence and technological infrastructure. Key Performance Metrics Demonstrate TRON’s Expanding Influence TRON experienced significant growth in various aspects in the second quarter of 2024. The number of daily transactions increased by 29%, and the number of daily active addresses…

The Telegram mini app ecosystem is booming, as developers are using the popular messenger’s integration with crypto to launch games that reward players with tokens with real world value. The typical formula is as follows: A project launches a game which can be played on the Telegram messenger as a mini app. Most of the popular Telegram games are simple “clicker” games that anyone can get started with immediately. By playing the game, users earn in-game points. Rewards can be boosted by using in-game points to purchase upgrades, referring friends to the app, performing various social media tasks, and solving…

Riot Platforms mined 412 Bitcoin in September, marking a 28% increase over the previous month. This rise in production was driven by higher operating capacity at their mining facilities, which include sites in Texas and Kentucky, according to a company release. Riot’s CEO, Jason Les, attributed the growth to increased operational efficiency and hash rate improvements across the company’s operations. The company now holds 10,427 Bitcoin (BTC). The company also participated in the Electric Reliability Council of Texas Four Coincident Peak program, voluntarily curtailing operations during periods of high electricity demand. This helps reduce strain on the grid and allows…

In recent tweets, Dogecoin cofounder Billy Markus, who goes by “Shibetoshi Nakomoto” on X, addressed speculation about his involvement with Bitcoin and other cryptocurrencies. Markus reiterated in his post that, aside from Dogecoin and an earlier project called “Bells,” he has not been involved in creating or working on any other cryptocurrency, stating that he has not worked on any cryptocurrency projects since 2014 and has no plans to do so again. “Anything claiming I am affiliated is lying,” Markus added putting to rest any speculation about his involvement with other blockchain initiatives. yes and i created the internet and…

Ripple’s closed-door meeting with the SEC could resolve its longstanding legal dispute. XRP’s trading volume and price stability have increased amid settlement hopes. Ripple donated $1 million to a super PAC opposing anti-crypto Senator Warren. The Securities and Exchange Commission will hold a closed door meeting which is scheduled to take place tomorrow. This meeting, confirmed by SEC’s Sunshine Act notice, could mark the turning point in their ongoing legal dispute with Ripple. 🚨 #Ripple vs. SEC: A pivotal closed-door meeting is set for tomorrow! This could determine Ripple’s path to a final settlement! 📈💼Have you added to your #XRP…

The makers of Ethereum action game Moonray have announced a mobile auto-battler set to release early next year to complement its flagship battle arena game. The spinoff game will be set in the same “post-human” world as the original, using the same assets, and will let Moonray token holders unlock special content and rewards. An auto-battler, also referred to as an “auto chess” game, is a strategy subgenre where gamers place characters on a board that then automatically fight the opposition. Riot’s Teamfight Tactics is the most popular example, but Moonray’s entry into the genre claims to have “more in-depth…

CleanSpark has released its unaudited Bitcoin mining update, which shows the company saw its hashrate jump 187% in the fiscal year ending September 2024. The publicly-traded Bitcoin (BTC) miner announced this on Oct. 3, detailing significant growth across its treasury holdings and share price among other metrics. CleanSpark published the unaudited report as the crypto industry heaved amid the negative impact of geopolitical events in the Middle East. Read more: Bitcoin dumps as Biden supports Israel hitting Iran oil facilities CleanSpark’s hashrate increase During the past year, Chief Executive Officer Zach Bradford said that CleanSpark recorded substantial organic growth. The…

Following the monumental approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) in January 2024, including the one created by BlackRock (NYSE: BLK), the investment behemoth has continued buying Bitcoin. As it happens, BlackRock Bitcoin stash has been growing as part of its IBIT iShares Bitcoin Trust ETF, and its total holdings of the maiden cryptocurrency currently stand at 359,278 BTC, worth around $22.9 billion, as per the data retrieved from Apollo Bitcoin Tracker on September 25. BlackRock Bitcoin purchases intensify It is also worth noting that over the previous…

Cross-chain bridges play an important role in blockchain because they enable efficient funds transfer between different networks. In the last 30 days, huge transactions have been logged in such platforms, which is vital to users requiring cross-chain transactions for some valuable assets. Based on the current data from DeFiLlama, there are distinct cross-chain bridges because of the rising demands. Top Cross-chain Bridges by Volume in last 30 daysThe wide set of reliable cross-chain bridges is an essential requirement to exchange assets, data and value between multiple blockchain networks for crypto users right now. Let’s compare the top cross-chain bridges by…

Meta Morphing in Axie Infinity has led to 15.1 million SLP being burned in just two months. Axie Infinity’s Meta Morph feature enhances Axies by making cards more powerful or adaptable to the game’s meta. Axie Infinity has made headlines for burning 15.1 million Smooth Love Potions (SLP) tokens in just two months. This SLP burn directly relates to the emergence of a new in-game feature called Meta Morph, which has changed the way collectible Axies are utilized in the Origin mode of the game. The demand for SLP has skyrocketed as more and more players—known as Lunacians—embrace this trait,…