Author: NBTC

Decentralized cloud storage platform Storj has partnered with CUDOS, a decentralized physical infrastructure network focused on artificial intelligence and Web3. In an announcement on Aug. 20, Storj stated that the collaboration between the two platforms aims to advance distributed compute and cloud storage solutions. The alliance with CUDOS involves Valdi, an on-demand AI compute provider that Storj recently acquired, and Cudo, the parent of CUDOS that’s a cloud partner of Nvidia. “Our distributed storage solutions ideally complement CUDOS’s compute infrastructure. Together, we’re creating a powerful platform that sets a new standard for scalable services that are a cost-effective and high-performance…

Sonic, the world’s leading gaming-specific Solana Virtual Machine (SVM), announces a strategic partnership with Fragmetric, the restaking platform on Solana. This partnership is aimed at securing the HyperGrid of Solana through the restaking protocols of Fragmetric. Sonic and Fragmetric shared this exciting news with their communities through their respective social media, X platform. Excited to partner with @fragmetric! 🤝⚡️They will help secure Sonic’s HyperGrid by operating a dedicated node, boosting the HyperGrid Shared State Network (HSSN) and Bridge.Together, we’re scaling @solana for gaming with trustless, high-performance interactions. pic.twitter.com/S7PT0EtQwL — Sonic (Odyssey Now Live ⚡️) (@SonicSVM) September 13, 2024 Sonic SVM…

Japan’s current prime minister (PM) Fumio Kishida is on his way out, and local businesses have rated his results via a Teikoku Databank survey. Kishida scored worse overall than the previous PM, Shinzo Abe, as Japanese companies and crypto traders still have misgivings about the government amidst several superficially bullish developments. A recent economics survey by Japanese analytics firm Teikoku Databank has shown exiting prime minister Fumio Kishida performed worse than his predecessor Shinzo Abe. 1,924 companies were asked to score the Kishida administration out of 100 points on economic policy, and the average score was 49.3. However, former prime…

Tim Harrison, the VP of Community and Ecosystem Communications at Cardano developer Input Output, has announced that the first phase of the Chang hard fork is expected to go live on the mainnet on Aug. 27. “Are you prepared for Chang? Rocket is on the pad. Governance is coming,” Cardano founder Charles Hoskinson commented on his X social media account. The final decision regarding the hard fork launch is expected to be made on Aug. 23. A week ago, more than 70% of Cardano’s stake pool operators (SPOs) adopted Node Version 9.1.0, clearing the biggest hurdle on the path to…

Smart contracts have now been adopted in organizations to execute business transactions in many fields. Blockchain is helping to enhance cybersecurity since data is decentralized. Through the adoption of blockchain technology, governments and industries have been able to increase transparency as well as the efficiency of operations. Blockchain technology is expanding its applicability in different industries. In 2024, several pioneering application cases were recorded, showing the technology’s possibility of changing industries. This article looks into five areas where blockchain is immensely valuable. Smart Contracts Streamline Business Operations The new development centers on decentralized and self-executing agreements called smart contracts. These…

As USD/JPY plunges by 10% in less than a month and Japan stocks are under fire, Bitcoin (BTC) also feels the pain. At the same time, veteran cryptocurrency entrepreneur and investor Arthur Hayes indicates potential “buy” opportunities in this zone. JPY up, BTC down: Arthur Hayes comments on “widow maker” effect Global “rick off” mode captivated various markets in different regions of the world, and Bitcoin (BTC) is not an exception. It is highly likely that this “widow maker” short-term move should be attributed to increased volatility and collapse in the USD/JPY pair. The widow maker is in effect. Savage…

KyberSwap is one of the leading decentralized finance (DeFi) platforms and has officially announced its integration with Sky Ecosystem in expanding its offerings to new token pairs. As part of the partnership, KyberSwap will be supporting the native contracts of $SKY and $USDS, the two key tokens of Sky Ecosystem. KyberSwap just announced support for SKY and USDS trading at launch! https://t.co/YXDEVqVbqE — Sky (@SkyEcosystem) September 16, 2024 With the impending launch of the Sky ecosystem, this collaboration will allow people to swab $DAI for $USDS and $MKR for $SKY. Thus introducing new liquidity and trading opportunities within the DeFi…

Compared to its competitors, IBM Cloud is ahead when it comes to secure enterprise-grade blockchain solutions. Blockstream is especially dedicated to providing Bitcoin infrastructure and has the coverage of satellite connection. Sia completely alters the way one thinks about cloud storage services due to its decentralized structure, which is based on blockchain. The use of cloud data has been on the rise in the blockchain industry, where many providers are coming up with new and unique solutions for businesses and developers. Of all the available providers, these are considered the most outstanding in the field of providing jack-up suppliers with…

A cryptocurrency trading expert has suggested that the ongoing Bitcoin (BTC) sell-off will likely escalate in the coming weeks, noting that the asset is facing a possible capitulation event. In a TradingView post on August 3, analyst Alan Santana noted that this projection is based on a detailed examination of historical price movements and critical technical indicators, which forewarn investors of significant market turbulence ahead. According to the expert, Bitcoin surged past $70,000 on July 29, 2024, but the euphoria was short-lived. The cryptocurrency couldn’t sustain this price level for even 15 minutes, swiftly falling below the mark and trading…

A high-performance Canadian crypto stock is vying for a U.S. stock market listing, potentially opening the company to an army of hungry new investors. DeFi Technologies—parent company to various crypto-focused subsidiaries, notably exchange traded fund (ETF) operator Valour—currently trades on Cboe Canada under the DEFI ticker, and over OTC markets under DEFTF. On Monday, the company announced that it had filed a Form 40-F registration statement with the SEC to also get listed on the Nasdaq stock market. “The listing of the company’s common shares on the Nasdaq remains subject to the approval of the Nasdaq and the satisfaction of…