Author: NBTC
Chain-agnostic stablecoin protocol defi.money has integrated LayerZero to bring omnichain liquidity to its network. LayerZero (ZRO) is an interoperability solution that offers a foundational layer for omnichain applications and blockchains. The LayerZero team announced the integration in a post on X on Sept. 26. The integration comes as defi.money’s stablecoin MONEY implemented the omnichain fungible token, also known as OFT. The OFT Standard is a token standard that allows for cross-chain token transfers. Users can send, receive, and deploy assets across blockchains. With this implementation, defi.money is now natively omnichain. Read more: LayerZero becomes BitGo’s official interoperability protocol for WBTC…
Edward Snowden, known as a former U.S. security official, has raised critical concerns about the privacy vulnerabilities of Bitcoin (BTC) transactions. Thus, he refuted the popular perception of their complete anonymity, placing particular emphasis on the serious privacy risks. In his speech during the past Bitcoin conference, Snowden explained that most transactions on the Bitcoin network can be traced down to specific individuals. He noted that various inputs and outputs, such as compliance exchanges, can link these transactions to specific users. This ability to track the history of transactions can reveal sensitive information about their lives and relationships. He further…
ZetaChain, a new blockchain platform, has reached a significant milestone by surpassing 3 million total accounts in July, according to data from Lookonchain. This achievement comes just 167 days after the platform was launched. This achievement highlights its rapid growth and increasing popularity among users. The total accounts of #ZetaChain surpassed 3M in July, 167 days after launch! The ZRC20 BTC holders is 915,423 and $WBTC holders on #Ethereum is 99,031. pic.twitter.com/qfNSyPkWIj — Lookonchain (@lookonchain) August 12, 2024 ZetaChain Sees Surge in ZRC20 BTC and $WBTC Holders ZetaChain has registered a significant increase in the number of users of its…
Crypto.com has introduced the Crypto.com AI Agent SDK, an artificial intelligence-powered software development kit designed to simplify interactions with blockchain functions—even through voice commands. This tool — available in beta — targets Web3 and AI developers looking to integrate natural language commands into their blockchain activities, per a Crypto.com release. The AI Agent SDK enables users to execute blockchain commands using everyday language. For example, instead of dealing with complex coding, users can simply say, “Create a new wallet address for me” or “Send 100 PayPal USD to Alice’s address.” The AI processes these instructions and executes them directly on…
‘Big Short’ Investor Says ‘Huge Debasement’ of US Dollar and Fiat Currency Driving Bullish Bitcoin Trade
One of the traders who figured out that the housing market was on the brink of collapse in 2007 says he’s long on Bitcoin (BTC) because of a weakening US dollar. In an interview on CNBC’s Fast Money, “Big Short” investor and Seawolf Capital co-founder Vincent Daniel says that the deterioration of the US dollar is driving his bullish stance on BTC. “We were long Bitcoin, we short Microstrategy. Being an investor or a trader, when you know you’re wrong, you’re wrong, and get the hell out. As a result, we stopped our loss on Microstrategy, but we kept Bitcoin…
TapSwap, one of the leading tap-to-earn platforms on Telegram, is preparing for the TAPS airdrop that will see its users convert their tokens into fiat currencies either in August or September. TapSwap airdrop ahead In an email statement to iNvezz, TapSwap said that it was working to launch the airdrop in the third quarter of this year. The first month of the quarter has already ended, meaning that this airdrop will either happen in September of August. The developers have also announced more actions that will allow users to increase their TAPS allocation. As with other tap-to-earn platforms, users will…
Meta Lion, an advanced media platform covering blockchain news, announced a strategic alliance with Orbler, a prominent platform empowering the community through innovations. By combining their forces, Meta Lion and Orbler aim to accelerate Web3 growth by employing community-driven growth strategies, staking, and offering missions or tasks to help the cause. 🎉PARTNERSHIP ANNOUNCEMENT 🌍 We’re thrilled to announce our partnership with @Orbler1 💡Orbler is a dynamic Web3 marketing platform bridging Web2 audiences, offering missions, staking, and community-driven growth strategies.Let’s dive into what this means👇#MetaLion… pic.twitter.com/qkMiEInjPy — Meta Lion (@MetaLionVC) September 26, 2024 Orbler is expanding rapidly by collaborating with different…
Bitcoin prices have rebounded strongly, providing relief to short-term holders and leading to increased activity in perpetual futures markets, according to a report by onchain analytics firm Glassnode. The report highlights significant developments in market dynamics and the overall health of the cryptocurrency market. Glassnode Analysis Highlights Significant Gains for Bitcoin Short-Term Holders The latest Glassnode report notes that bitcoin (BTC) prices have rallied above $68,000, significantly benefiting short-term holders (STHs). This cohort, which includes recent buyers, now sees 75% of their coins held in profit. Researchers at Glassnode highlight that this price appreciation has alleviated financial stress for STHs,…
India has completed its first crude oil transaction using local currencies, bypassing the US dollar, as part of a bilateral effort with the UAE to reduce dollar-conversion costs and promote trade in native currencies. This transaction is integrated with the XRP Ledger System CryptoTradingFund (CTF), enabling customers to earn CTF tokens as cashback. In a milestone development, India conducted its first-ever crude oil transaction using local currencies and bypassing the US Dollar. This is part of the larger goal between the two nations to promote trade in native currencies while cutting down on the dollar-conversion costs. The exciting thing about…
Unstoppable Domains has announced new domains inspired by the popular memecoin on Base, as a result of its collaboration with Basenji (BENJI). The new domain is the first on Coinbase’s Layer-2 of Ethereum. Unstoppable Domains collaborates with the memecoin on Base and launches .Benji Unstoppable Domains and the memecoin Basenji (BENJI) on Base BENJI di Base as a challenge to memecoin on Solana Unstoppable Domains collaborates with the memecoin on Base and launches .Benji Unstoppable Domains has revealed the new domain for Basenji (BENJI), the popular memecoin of Coinbase’s Base network. It is a top-level domain (TLD) and has been…