Author: NBTC
Learn what is Ethereum and explore its components, including smart contracts, decentralized applications (dapps), and its native token Ether (ETH). Ethereum is not only the #1 blockchain by total value locked, but it is also the name of the second-largest cryptocurrency by market capitalization after Bitcoin (BTC). In this guide, we will shed more light on the often-asked question, “What is Ethereum?” Our exploration will look into the key components that make Ethereum tick, from the blockchain and cryptocurrency to the concept of smart contracts and dapps. Read on and have Ethereum explain it to you. Table of Contents What…
Notcoin is a Telegram-based game that has captured the attention of millions of players over the past few months. The game has racked up 35 million total players, and hit a peak of six million daily active users. That’s vastly larger than most crypto games. The game, created by Open Builders, is based within the Telegram messaging app, and will launch a token on The Open Network (TON) soon. Its founder previously told Decrypt that the team sees it as a unique way to distribute tokens to community members in a fair manner. What could motivate 35 million players to…
The U.S. House of Representatives voted largely along party lines to prevent the Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks to block the U.S. central bank from continuing efforts toward the development of a digital dollar. Republicans expressed concerns that a U.S. CBDC could be used to control Americans. Democrats said during debate before Thursday’s vote that the concerns were overblown and a ban would block public sector innovation and research. Overall, 213 Republicans and three Democrats voted for the bill, while 192 Democrats voted…
Popular crypto exchange BitMart announces a limited-time flash sale for Shiba Inu’s artificial intelligence partner token Bad Idea AI (BAD). According to an announcement yesterday, the move is part of an effort to celebrate the listing of Bad Idea on the BitMart Fixed Savings product. “To celebrate @badideaai $BAD listed [listing] on BitMart, BitMart Earn is offering a limited-time flash sale for Fixed Savings product on BAD,” an excerpt from the announcement read. 🔥To celebrate @badideaai $BAD listed on BitMart, BitMart Earn is offering a limited-time flash sale for Fixed Savings product on BAD & enjoy 75% APY! ！🤑🤑🤑 💎30-Day💎75%…
Witness Chain has announced plans to develop the DePIN Coordination Layer (DCL) with the help of the Polygon CDK (Chain Development Kit). There are multiple functions that the DCL is intended to fulfill. To start with, it opens the door for the development of composite DePIN DApps, which combine DeFi and DePIN to provide fresh software. Furthermore, it grants DePIN nodes the capability to be programmed, which facilitates the trading of futures market resources including computation, electricity, bandwidth, and storage. Thirdly, it applies rollups and dual staking to DePIN. Over and above that, the DCL encourages on-chain asset listing, as…
According to some investors, Bitcoin (BTC) could rise to $120,000 in the near future due to geopolitical unrest and increasing interest in alternative assets. Famous Investor Predicts Bitcoin Will Rise to $120 Thousand Amid Geopolitical Tensions Despite a weekly decline of 10%, Bitcoin remains an attractive hedge against geopolitical instability, as emphasized by Edouard Hindi, chief investment officer of Tyr Capital. Hindi highlights Bitcoin’s correlation with gold, suggesting that investors are increasingly moving away from traditional financial assets. “The ETF is currently leading this Doomsday rally, and we should expect $120,000 to be reached in the coming months as global…
The US spot bitcoin ETFs that launched in January spawned from a decade-long effort. While the winding road for proposed spot ether funds hasn’t been as long, that doesn’t mean it hasn’t been eventful. The Securities and Exchange Commission on Thursday will take a step toward either allowing ether ETFs to trade, or kicking the proverbial can down the road on such products. With the potential for yet another crypto ETF milestone in 2024, it’s worth accounting for the events that led to this moment. December 2017: CME launches bitcoin futures The new offering was set to offer transparency, price…
Solana’s 10 largest meme coins by market cap are all showing gains in the last 24 hours, according to data aggregator CoinGecko. While Bitcoin (BTC) and major altcoins wobble, tokens such as POPCAT and MANEKI soar by two digits. The Chairman of the Federal Reserve, Jerome Powell, announced today that there will be no more interest rate cuts until inflation shows stronger signs of going back to 2%. This means that risk assets, such as stocks and crypto, will still be less favorable than US Treasuries. At the time of writing, BTC had fallen 2.7% over the past hour. Despite…
Decentralization has served as crypto’s North Star since its beginnings, but with Wednesday’s passage of a crypto market structure bill, the concept could soon become enshrined in U.S. law. Known as the Financial Innovation and Technology for the 21st Century Act, or FIT21, the bill passed by lawmakers in the House of Representatives would provide a pathway for cryptocurrencies to become certified as digital asset commodities under new rules. If FIT21 eventually becomes law, a digital asset would be classified as a commodity and regulated by Commodity Futures Trading Commission (CFTC) if its underlying blockchain is “functional and decentralized.” In…
Gate.HK, the Hong Kong wing of the global cryptocurrency exchange, Gate.io, is in the process of shutting down and has not been listed to carry out its crypto trading platform business in the region. This was expressed in a statement made by the company on Wednesday. It started in May 2023 and applied for the approval with Hong Kong Securities and Futures Commission (SFC) in February but the service withdrew its application on May 22. Urgent User Action Required In the same statement, Gate.HK asked its users to pull out their funds by August 28, pointing to a major revamp…