Author: NBTC

The Nigerian Institute of Social and Economic Research (NISER) partnered with Soramitsu, a Japanese tech firm, to improve NISER’s research faculty’s knowledge of blockchain technology. Soramitsu will focus on specific areas like SORA, central bank digital currencies (CBDCs), and Hyperledger Iroha. This partnership aims to create a knowledge base and support Nigeria’s development through research and innovative blockchain projects. Developing a Blockchain Knowledge Base The Nigerian Institute of Social and Economic Research (NISER) has partnered with the Japanese technology firm Soramitsu to enhance the research faculty’s blockchain technology expertise. As part of the partnership arrangement, Soramitsu will “focus specifically on…

Bitcoin Core developer Luke Dasher voiced concerns regarding the current situation within the Bitcoin community, drawing comparisons to what happened seven years prior when the Segwit update was implemented. According to Dashjrs comments, there is a growing discussion in the community regarding the necessity of increasing the number of active users and updating spam filters. Segwit, a significant protocol update intended to increase transaction efficiency and lower fees was activated by the bitcoin community seven years ago. The developers of Bitcoin Core initially opposed this decision arguing that miners should be the only ones to make such decisions. Nevertheless this…

Bored Ape Yacht Club creator Yuga Labs and partner studio Faraway have released the sewer-based game Dookey Dash: Unclogged as a free-to-play download on iOS, Android, Mac, and PC in selected regions. With this players will compete to enter an end-of-season tournament with over $1 million worth of prizes. This comes more than a year after Yuga Labs rolled out the original NFT-gated version of the game, with the highest-scoring players earning valuable prizes. The winner of the top prize—a one-of-a-kind NFT golden key—was notable Fortnite esports player Kyle “Mongraal” Jackson. He sold it for 3,333 Ethereum, or $1.63 million…

Lucie explained that the Shiba Inu ecosystem team would celebrate milestones and provide a clear path to the network’s future at the ShibaCon event. The Shiba Inu marketing lead, Lucie, has outlined why the upcoming ShibaCon event is a must-attend for crypto projects and investors alike. In an X article, she gave a brief overview of what to expect from the event and why Shiba Inu enthusiasts and everyone involved in blockchain technology should not miss the occasion. ShibaCon is an inaugural event that will take place in Bangkok on November 9, 2024. The community-driven occasion seeks to create an…

Wormhole Foundation, the team at the back of the Wormhole platform’s development, has announced an exclusive collaboration. As per Wormhole, it is partnering with Google Cloud while targeting to improve the scalability and security of the Guardian Network. Wormhole’s Guardian Network is a set of validators that secure and verify cross-chain transactions on the Wormhole protocol. The platform took to its official social media account to disclose this development. Google Cloud 🤝 Wormhole@GoogleCloud is joining the Guardian Network, Wormhole’s security system, to validate cross-chain messages and enhance decentralization.Google Cloud will also accelerate ZK research and support ecosystem growth.Read more below…

Investors have several reasons to be optimistic about Bitcoin, despite it entering one of the traditionally quietest trading months of the year, according to some analysts. Historically, August has been a rough month for bitcoin, with BTC finishing lower in seven of the last eleven Augusts, posting an average return of 2.69% for the month. This average was heavily influenced by the over 65% gain achieved in August 2017, according to CoinGlass. David Duong, head of institutional research at Coinbase, noted the impact of political developments on Bitcoin’s performance. “We had anticipated that elections would be a major theme and…

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. No matter how crazy things get, Jupiter’s market share seems impenetrable for the time being. Last week, the swap aggregator and Solana DeFi everything app had two of its programs closed by an unauthorized user who gained access to its private key used for program deployments. User funds were safe, the engineer in charge of the programs disclosed on X, implying that he meant to make the program only upgradeable by multiple key signatures but didn’t get around to…

Ethereum remains in a downward trend, with price action showing insufficient bullish momentum for a reversal. In the near term, the cryptocurrency is likely to enter a consolidation phase within a critical range, with mild bearish retracements seeming far more likely. By Shayan The Daily Chart On the daily chart, Ethereum has been in a sustained downtrend since getting rejected at its yearly high of $4K. The price has consistently formed lower lows and lower highs, creating a descending channel that reflects the overall bearish market sentiment. This pattern highlights the pessimism among market participants regarding ETH’s broader trajectory. Recently,…

Prominent crypto exchange CoinW has issued a daring projection for Shiba Inu, hinting that the meme coin could surge by over 7,627,665%. In a recent post on X, CoinW sparked conversation in the crypto community by asking members to express their views on which of a series of bold predictions for the top ranking could happen first in the crypto market. Shiba Inu to $1 Specifically, the exchange polled the crypto community to determine what is happening first: Bitcoin attaining the widely anticipated $100K target, Ethereum attaining the $10K price point, or Shiba Inu reaching $1. The poll also included…

The DLT Science Foundation (DSF) announced the launch of the MiCA Crypto Alliance on Sept. 16, with Hedera, Ripple, and the Aptos Foundation as founding members, according to a statement shared with CryptoSlate. The Markets in Crypto Assets (MiCA) regulation, recently approved by the European Union, aims to create a regulated digital asset environment that protects crypto users while promoting innovation. Standardized reporting MiCA sets strict disclosure requirements for Crypto-Asset Service Providers (CASPs), including centralized exchanges. These providers must disclose the climate impact of their operations and must share this data through white papers and online descriptions accessible to the…