Author: NBTC

Chromia utilizes sidechain architecture to overcome scalability issues, offering secure and efficient blockchain applications. Avalanche uses a unique algorithm to achieve high transaction throughput and secure, scalable solutions. Chromia and Avalanche provide staking opportunities, enhancing network security and allowing users to earn rewards. Chromia and Avalanche are leading the blockchain platform, tackling key issues like scalability and security in today’s crypto landscape. Both projects utilize innovative technologies, such as sidechains and unique consensus algorithms, to overcome these challenges, offering developers robust ecosystems for efficiently creating and managing decentralized applications (dApps). 1. Chromia ($CHR) Most blockchains need help with applications and…

Gains Network, synthetic derivatives platform, and DIA have recently collaborated to introduce a few DeFi features to improve Silo Finance’s lending protocol. This new collaboration will introduce a new price feed oracle for gUSDC on the Arbitrum Network. 🎉 DIA x Gains NetworkDIA has partnered with @GainsNetwork_io to deploy a price feed oracle for $gUSDC on the #Arbitrum network. https://t.co/bQ8boDrsEB — DIA Community Hub (@DIACommunityHub) August 23, 2024 DIA is a cross-chain, end-to-end, open-source data and Oracle platform for Web3. Web3 applications rely on trustable and scalable data feeds to build reliable products and avoid exploitation and manipulation. The DIA…

Floki Trading Bot enhances UX with simplified interface and multi-language support. Planned features include MEV protection, limit orders, and sniping capabilities. Expansion to Solana and collaboration with TON blockchain in progress for broader integration. The Floki Trading Bot team has announced major upgrades to its platform. These updates have been designed to improve user experience and expand the bot’s potential. Developers are working quickly to release these changes, with some expected to be accessible within days. During our most recent monthly community AMA, a community member asked about the long-term roadmap for the #Floki Trading Bot, including any planned enhancements,…

Carrot Swap has launched its AMM-based non-custodial exchange on the Neo X EVM sidechain MainNet. The Neo X-based DEX offers users cross-chain bridging, swapping, and liquidity pool provision. Source: Carrot Swap Currently, users can swap or provide liquidity with MainNet assets, including GAS, NDMEME (the NeoDashboard memecoin), xMATIC (wrapped MATIC), and xBNB (wrapped BNB). Those who provide liquidity to the pools will earn CRT tokens as rewards. Additionally, individuals can migrate MATIC or BNB from their respective blockchains to the Neo X network. Carrot Swap also noted that incentivized TestNet campaign beta testers can view the platform’s leaderboard and their…

A new report is forecasting the meteoric rise of the use of blockchain technology in the automotive sector driven by the need for key industry players to achieve improved security and efficiency. The study, compiled by Report Prime, claims that the market share of blockchain in the sector is expected to grow from $82.50 million in 2023 to $160.78 million by 2030. From its present levels, the leap pegs the compound annual growth rate (CAGR) at 10% with several factors integral to the predicted growth spurt. Per the report, the rise of electric vehicles and connected vehicle technologies are key…

After reaching new all-time highs in March, the price of Bitcoin has mostly remained between $58,000 and $70,000. However, BTC briefly dipped below $50,000 during the sharp correction experienced by global markets at the beginning of August. After this correction, stocks rallied, but this rally was not reflected in Bitcoin and cryptocurrencies. However, Singapore-based trading firm QCP Capital suggested that the increasing risk-taking sentiment could increase Bitcoin prices. QCP Capital shared its daily analysis on the official Telegram channel regarding the current stock rally and Bitcoin expectations. The equity rally is being driven by momentum traders re-leveraging in a lower…

Donald Trump Jr. has revealed plans for a new cryptocurrency project that aims to operate outside traditional banking systems. The initiative, called “The DeFiant Ones,” was announced via the project’s official Telegram group. In his statement, Trump Jr. described the venture as a response to what he perceives as exclusionary practices in the mainstream financial sector. “These banks and the elites who run them want absolute control but that ends now,” he wrote in the group. The announcement references the Trump family’s past conflicts with financial institutions. Trump Jr. stated that his family has been “de-banked, de-platformed and had every…

STEPN GO, the famous app of social-lifestyle, has partnered with Casio for the “VIRTUAL G-SHOCK” project, to launch the new collection of NFT sneakers. STEPN GO and the launch of the new collection of NFT sneakers through a lottery STEPN GO and the partnership with Casio and the Virtual G-SHOCK project for NFT sneakers The Move-to-Earn in the social-lifestyle app STEPN GO and the launch of the new collection of NFT sneakers through a lottery STEPN GO e CASIO COMPUTER CO., LTD, have joined forces to launch a new collection of NFT sneakers, as part of the “Virtual G-Shock” project.…

H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug. 22. It comes a day after Bitfarms’ announcement on Aug. 21. Colonesse views the $125 million all-stock deal for Stronghold as a significant opportunity for Bitfarms to expand its operations substantially over the next 16 months. When finalized in the first quarter of 2025, Stronghold’s power capacity will enable Bitfarms to approach 1 gigawatt of power by the end of…

Whale Alert has identified a series of large Solana (SOL) transactions totaling over $180 million sent to Coinbase. The transfers, occurring today, indicate potential market-moving activity by major crypto holders, often referred to as whales. Notably, the series of transactions includes a transfer of 322,817 SOL, valued at $45.5 million, from an unknown wallet to Coinbase. Another transfer of 318,664 SOL, valued at $44.9 million, was also sent from an unknown wallet to Coinbase. Additionally, 317,314 SOL, valued at $44.7 million, and another 322,817 SOL, valued at $45.5 million, were transferred from unknown wallets to Coinbase. An important thing to…