Author: NBTC
The Zcash Foundation approved a proposal to create a browser-compatible library for web wallets and plugins. MetaMask matched $150,000 to support the development of a MetaMask Snap for Shielded ZEC integration. The Zcash Foundation has announced on the Zcash Community Forum that the Zcash Grants 4 Committee approved a key proposal targeted at expanding the Zcash ecosystem at its most recent meeting. This extension will be accomplished by creating and providing a browser-compatible library with essential primitives for online wallets and browser plugins. Whoo-hoo! Zcash coming to MetaMask thanks to MetaMask and the Zcash Community Grants Committee!https://t.co/jg5zARnGMW pic.twitter.com/6CqvEvqYb3 — zooko🛡🦓🦓🦓…
Known for her anti-Bitcoin (BTC) and anti-cryptocurrency stance, US Vice President Kamala Harris has been making positive statements about digital assets in recent days. At this point, Democratic nominee Harris made her first public comments on the cryptocurrency sector during a Wall Street fundraiser in Manhattan. In her speech, Harris said she is committed to encouraging innovation in technologies such as artificial intelligence and digital assets while ensuring the protection of consumers and investors. While these statements from Harris were received positively in the cryptocurrency industry, a statement came from Democratic congressman Ro Khanna. You Can’t Be Against Bitcoin (BTC)…
In a recent interview with Jeremy Szafron of Kitco News, financial analyst Clem Chambers discussed the surging prices of Bitcoin and gold, offering his unique insights into the reasons behind these movements and what they signal for the future. The conversation began with the notable milestone of Bitcoin surpassing $65,000, though it quickly faced some profit-taking. Simultaneously, gold was hovering near record highs at around $2,700, reflecting an interesting period for both asset classes. Chambers linked these developments to central bank liquidity injections, pointing out that China’s central bank had injected liquidity into its economy and the Federal Reserve had…
The highly successful author of the “Rich Dad Poor Dad” series of personal finance books, Rober Kiyosaki, has recently doubled down on his prediction of what could potentially be “one of the greatest financial crisis in world history.” Echoing the sentiments of investment banker Jim Rickards in his new work MoneyGPT, Kiyosaki took the microblogging platform X (formerly known as Twitter) to tell his over 2.6 million followers they should move to protect their wealth from the potential storm. Kiyosaki emphasized the importance of holding physical assets, particularly silver coins and Bitcoin, and argued that in times of crisis, silver…
What is XRPL? XRP Ledger (XRPL) is a decentralized public blockchain designed for fast transfers of XRP, fiat currencies and digital assets, accessible to anyone for development. It was created in 2012 by Jed McCaleb, Arthur Britto and David Schwartz under Ripple Labs with the goal of providing a global payment infrastructure that also supports the digital asset XRP. XRPL was developed to address inefficiencies in the traditional financial system, using the XRP Ledger Consensus Protocol instead of Bitcoin’s energy-intensive proof-of-work. This protocol, known as the Ripple Protocol Consensus Algorithm (RPCA), allows validators to collaboratively determine transaction validity and order.…
As crypto becomes ever more mainstream and intersects with traditional finance and bureaucracies, cultural clashes are inevitable. After all, bitcoin promised to separate money from the state, while crypto evolved as a means of transacting peer-to-peer, uncensored, permissionless ways on alternative rails. So, how can these worlds–the orthodox and the blockchain-built alternative–possibly align? That remains to be seen, but recent news of the formation of a new organization called the MiCA Crypto Alliance is an example of differing approaches crossing and perhaps clashing. Just to recap, MiCA (Markets in Crypto-Assets) regulation is a comprehensive framework of EU crypto rules that…
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has surpassed $65,000 after a 3.39% price surge, driving the broader crypto market to a $2.31 trillion valuation. Ki Young Ju, founder and CEO of CryptoQuant, pointed out that Bitcoin has finally overcome market FUD, including the German government selling its BTC holdings and the Mt. Gox repayments. Read also: German Government Completes Bitcoin Liquidation, Wallet Balance Hits Zero #Bitcoin won all FUD this year. The market absorbed Mt. Gox and German BTC selling with minimal impact, as data predicted. https://t.co/ljkzujbhGy — Ki Young Ju (@ki_young_ju) September 27, 2024 Earlier this…
CryptoPunks have proved their supremacy in the NFT market, pushing for more impressive sales within the last seven days. In the recent sales, CryptoPunk #9790 recorded more remarkable sales of $147, 000 which is the highest sale for the NFT within this period. Phoenix, a crypto analytical platform, shared the stats through X account depicting how NFTs are getting in demand in the crypto space. TOP #NFT SALES IN THE LAST 7D Among largest sales in the last 7D are: #BoredApeYachtClub#CryptoPunksLargest Sale: CryptoPunk #9790 – $147.00k pic.twitter.com/A5JzGahL4z — PHOENIX – Crypto News & Analytics (@pnxgrp) September 29, 2024 Top NFT…
During the Russian Energy Week Forum in Moscow, President Vladimir Putin announced a groundbreaking collaboration with BRICS nations to develop an independent payment and settlement system for foreign trade. This strategic initiative is designed to enhance the efficiency and independence of handling foreign trade transactions among BRICS countries. Putin highlighted this new system’s goal of improving the overall service of international economic dealings, marking a significant step in BRICS economic cooperation. Russia collaborates with BRICS nations to create an independent payment system, aiming to transform foreign trade transactions and reduce reliance on Western financial frameworks. Explore the implications of this…
The cryptocurrency industry will unlock nearly $230 million in vested tokens this week, sounding an alarm to these diluted cryptocurrencies. These unlocks will happen after a volatile week, with most digital assets experiencing a massive crash in the price. Looking for insights, Finbold turned to TokenUnlocksApp on August 10, spotting 14 cryptocurrencies with an unlock schedule for this week. Notably, $229.77 million in tokens will reach the market in the next seven days, likely creating relevant selling pressure. In particular, three cryptocurrencies accrue for 76% of all the unlocks, releasing $174.96 million worth of their native tokens. These crypto unlocks…