Author: NBTC

In the realm of crypto investments, 3iQ Corp.’s creation of the first Ethereum staking ETF has generated considerable interest. Two prominent entities in the cryptocurrency industry, Coinbase Prime and Coinbase Cloud, provide support for the innovative 3iQ Ether Staking EFT (TSX: ETHQ, ETHQ.U). Using the consensus mechanism of Ethereum, this ETF offers investors the chance to invest in ETH while also benefiting from wagering. ETFs are crucial tools for investors to gain access to cryptocurrency through controlled initial placement. Thus, the 3iQ ether staking ETF simplifies ETH investment through traditional financial accounts such as IRAs. It streamlines crypto asset investments…

Polygon Labs and NEAR Foundation are finalizing an agreement to produce a zero-knowledge (ZK) prover for Wasm blockchains. Connecting Wasm-oriented chains to the Ethereum ecosystem, which will also have an expanding number of multichain Polygon CDK chains, will be facilitated by a zkWasm prover. The NEAR Foundation will be partnering with Polygon Labs as the primary contributor to the Polygon CDK (Chain Development Kit) through this unique collaboration. Developers working with the Polygon CDK will benefit from the increased flexibility given by a zkWasm prover. This is an aggregation of open-source software parts that helps simplify the process of designing…

Bitcoin Whitepaper completed its 15 years on October 31, this Halloween season. It was even met with a spicy tease from Gary Gensler, the Chair of the SEC. It has been so long since Satoshi Nakamoto published their first paper, Bitcoin: A Peer-to-Peer Electronic Cash System. The world has changed significantly since that year, which was 2008. Many digital tokens have entered circulation, providing enthusiasts with an endless selection from which to choose. Bitcoin’s decentralization and independence are what keep it on the cutting edge. There is no intermediary control over its operation; rather, only the network’s participating partners determine…

Evmos has stated its intention to deprecate Cosmos and move more in line with Ethereum. By requiring just Ethereum-style transactions, we can cut down on technical debt and increase engineering efficiency. By the conclusion of the third quarter of 2024, it is expected that Cosmos will be completely retired. Till now, Cosmos and Ethereum existed in the ecosystem for separate functions. For instance, Cosmos was dedicatedly responsible for core protocol functionalities while Ethereum was interacting with dApps through smart contracts. The functions of Cosmos included governance, staking, token transfers, and interoperability. The decision to deprecate Cosmos has been defined as…

NEAR Protocol recently experienced an increase of 40%. The jump has come in the last 30 days, or one month, with NEAR now being valued at $1.51. The rise was rather 44.69% at the time of drafting this article.  What makes this relevant is the fact that the crypto industry is finally coming out of the winter season, with BTC and ETH leading the charge. Other tokens following the trend reflect that bullish sentiments are being rolled out across the ecosystem. This rise has many reasons, including why NEAR could still be effective enough to be bought. Having said that,…

The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the possibility of the US Securities and Exchange Commission (SEC) approving several spot Bitcoin ETFs. With the approval window having opened on November 9 until Friday (November 17), experts like James Seyffart and Eric Balchunas from Bloomberg estimate a 90% chance of approval for multiple filings by January 10, 2024, the final deadline for Ark Invest’s filing. Remarkably, the…

Bitcoin has been the face of the crypto industry ever since its inception. Now that digital assets are gaining mainstream adoption, BTC is leading the industry on numerous fronts. But the majority of crypto enthusiasts are oblivious to the origins of this worldwide phenomenon. Bitcoin made its market debut in October 2008, accompanied by a whitepaper. The document bearing the title “Bitcoin: A Peer-to-Peer Electronic Cash System” failed to garner significant attention. It was the 2008 financial crisis, also called the GFC (Global Financial Crisis), that motivated Satoshi Nakamoto to work on Bitcoin. Despite starting in the US, the phenomenon…

Ethereum switched to a proof-of-stake (PoS) mechanism, which is considered one of its milestones. It led to the creation of a native cryptocurrency rate connected to Ethereum staking. This shift is significant not just for the Ethereum network but also for the market architecture of other financial industries, such as conventional finance, centralized digital asset finance, and decentralized finance (De-Fi). An immediate demand exists for an Ether staking rate since market participants are attempting to comprehend and capitalize on the repercussions of this revolutionary shift, which is essential for research, risk transfer strategies, and benchmarking. Integration and Benchmarking  The Ethereum…

OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized for coming out with Stark Proofs.  Kakrot was officially established in October 2022 as a community exercise at the time of a StarkNet Hacker House. Following that, it has developed into a regular business involved in the upgradation of Ethereum.  Due to a healthy and realistic community involvement, along with the…

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