Author: NBTC
Bitlayer teamed up with LayerZero Labs to improve cross-chain interoperability within its ecosystem. This partnership will use LayerZero’s open-source, immutable messaging protocol. This will allow Bitlayer projects to create dApps that communicate seamlessly across over 90 blockchain networks. Furthermore, the integration will let developers bridge funds across over 300 decentralized applications operating within Bitlayer’s ecosystem. Now…Loading…Layer Zero…We’re stoked to announce our integration with @LayerZero_Labs!LayerZero’s open-source, immutable messaging protocol enhances cross-chain interoperability by removing fees and simplifying bridging. Now integrated with Bitlayer, this collaboration… pic.twitter.com/fLAvrFKBIg — Bitlayer (@BitlayerLabs) September 27, 2024 LayerZero’s Protocol Eliminates Transaction Fees LayerZero’s messaging protocol will eliminate…
The Terra Luna Classic (LUNC) community has successfully passed a pivotal upgrade, potentially shaping the token’s future trajectory. The Tax2Gas proposal, developed by Genuine Labs, received overwhelming support, with over 67% of validators and delegators voting in favor. This crucial upgrade aims to streamline the tax handling process by integrating it directly into the transaction gas fees, thereby enhancing efficiency and minimizing manual calculations. Vote results by Validatorinfo Automating Tax Calculation with Tax2Gas Previously, the tax management process for Terra Luna Classic involved labor-intensive manual calculations, which often led to inefficiencies. The newly approved Tax2Gas upgrade addresses these challenges by…
On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a transfer from a 2017 address, moving 121.63 BTC for the first time in seven years and three months. The Pay-to-Public-Key-Hash (P2PKH) legacy wallet was initially created on April 9, 2017, when bitcoin (BTC) was priced at $1,187 per unit, translating to a 5,617.94% increase from $144,374.81 to over $8.25 million today.…
IOTA Enhances IPR Management TL;DR:The IOTA Foundation has developed a solution prototype within the European Blockchain Pre-Commercial Procurement, funded by the European Commission, to streamline the management of intellectual property rights using distributed ledger technology and Smart Contracts for Media. The prototype solution’s IPR Marketplace platform simplifies securing rights, replacing traditional negotiations with automated, transparent digital contracts. This ensures fair, immediate compensation for rights holders and enhances transparency using Non-Fungible Tokens (NFTs). “Stuck in the Middle With You” by Stealers Wheel in Reservoir Dogs (1992). “Gimme Shelter” by The Rolling Stones in The Departed (2006). “Sabotage” by Beastie Boys in…
Former U.S. President Donald Trump’s keynote address at the Bitcoin 2024 conference on July 27 in Nashville has sent ripples through the cryptocurrency community, igniting a bullish sentiment. Trump’s ambitious promises to make the United States the “crypto capital of the world” have significantly influenced social media and market reactions, making Bitcoin (BTC) the focal point of positive speculation and optimism. Declaring that Bitcoin would one day overtake gold, he highlighted its significance not only as a technological marvel but also as a “miracle of cooperation and human achievement.” Trump’s pro-crypto speech sparks optimism During his speech, Trump unveiled a…
Sovryn, a leader in Bitcoin decentralized finance (BTC-fi), has announced a significant partnership with B² Network, expanding its solutions into a new blockchain ecosystem. This collaboration aims to enhance liquidity and broaden asset offerings, creating exciting user opportunities on both platforms. Sovryn Partners with B² Network to Expand Bitcoin DeFiWe are excited to announce our new partnership with @BSquaredNetwork, expanding our Bitcoin DeFi solutions to a new blockchain ecosystem. This collaboration will enhance liquidity, broaden asset offerings, and create new… pic.twitter.com/kWiHmhrzSZ — Sovryn | DeFi for Bitcoin (@SovrynBTC) September 26, 2024 B² Network will launch a rewards program that provides…
NFT buying and selling require the establishment of a digital wallet. Marketplace selection influences NFT exposure and trading. Improved listing management enhances NFT sale possibility. In the ever-expanding globalization of cryptocurrencies, non-fungible tokens (NFTs) present the next frontier on how to create wealth out of virtual content. This guide aims at explaining reasons why you should enter the NFT market and how to do it to make potentially large profits. Setting Up Your Digital Wallet The process starts with the choice and setup of an appropriate digital wallet for the execution of an NFT. This is important in establishing a…
Fund flows into exchange-traded products tied to the popular cryptocurrency XRP surged 175% last week, according to the latest report from CoinShares. This week, an additional $700,000 flowed into XRP-related investment products, up from about $400,000 last week. In total, $21 million has been invested in XRP ETPs since the beginning of the year. This result puts the seventh cryptocurrency in the spotlight, with only a few other assets showing better momentum. If previously the surge in flows to XRP could have been related to the imminent decision of the SEC vs. Ripple lawsuit, today, as the court gave its…
U.S. prices rose modestly in June, suggesting cooling inflation that might allow the Federal Reserve to cut interest rates in September and provide a pathway for higher prices in risk assets, including crypto. The Commerce Department reported on Friday that consumer spending slowed slightly last month. Easing price pressures and a cooling labor market may bolster Fed officials’ confidence that inflation is trending toward the central bank’s 2% target. Data showed that the price index of personal consumption expenditures, the Fed’s preferred gauge for inflation, rose 0.1% last month after being unchanged in May. It also rose 2.5% compared to…
The Tokenized Asset Coalition (TAC), an organization advocating for public adoption of blockchain, asset tokenization, and institutional DeFi, has made significant progress by announcing 21 new members and releasing its highly anticipated second State of Tokenization report. As a key contributor to this effort, Ondo Finance remains at the forefront of reimagining the on-chain investment landscape. TAC was founded in the fall of 2023 by prominent organizations including Aave, Centrifuge, Circle, Coinbase, Base, RWA.xyz, and more. Since its inception, TAC has expanded to include over 40 tokenization leaders, making it one of the most influential organizations focused on reimagining how…