Author: NBTC
RACA, one of the core cryptocurrencies on the BNB Chain, commemorates the fresh release on the network. This will help power their ecosystem and the complete BNB Chain, the latest Rollup-as-a-service (RaaS) solution for developing Layer 2 blockchains (L2s) on the BNB Chain. RaaS offers multiple dApps with the necessary technology framework for positioning selected L2s on the BNB Smart Chain (BSC), helping take the L2 ecosystem to the next level. Rollup-as-a-service is a fresh chapter in the blockchain arena. It has been created with dApps in mind, along with blockchain-oriented projects. It provides a low-cost method of developing and…
Strike has updated the limit for sending and withdrawing Bitcoin tokens. Previously, Strike set a limit on the amount users could transact either weekly or daily. However, the redesigned mechanism enables them to execute the transactions seamlessly without any limit. The objective here for Strike is to make sure that users remain in control of their holdings with full access and complete clarity. Strike has committed to making the initiation instantaneous once funds are reflected in the Strike account, although it may take some time, depending on the balance’s availability. The initiation may take a few days, depending on how…
YakDAO, breaking new ground as the inaugural recreational property DAO, is gearing up for the eagerly awaited debut of its token on the TokenFi decentralized Launchpad. Scheduled for March 28, 2024, this launch marks a pivotal moment for the platform, promising to revolutionize the way we view property investment in the digital age. A Leap Towards Investment Democracy Historically, the realm of high-yield recreational property investments was the playground of affluent investors and exclusive equity funds. YakDAO is on a mission to dismantle these barriers, offering every investor a key to this traditionally gated community. By embracing a deflationary token…
Judge James Mellor ordered a worldwide freeze on 6 million British pounds of Craig Wright’s assets. In a court case brought by COPA, Mellor found earlier this month that Wright was not Satoshi Nakamoto, the inventor of Bitcoin. The judge ruled there was a risk Wright would move his assets offshore to avoid paying costs related to the case. A U.K. judge imposed a worldwide freezing order on 6 million British pounds ($7.6 million) of Craig Wright’s assets to prevent him moving them offshore and evading costs arising from a court case that found he was not, as he’d claimed,…
The announcement of the EURC on stellar blockchain suggests that European users with stellar wallets can make Euro deposits and withdrawals within the EURC through Circle. Here, the users need to use the Single Euro Payments Area (SPEA) network. Users can access these services via the LOBSTR wallet, which is renowned for its security and transparency. Primarily, it is used on the Stellar blockchain to develop the transparency of the network. Circle’s EURC has greater potential to appear as the leading Euro stablecoin for crypto capital markets. EURC is completely reserved and seems redeemable at the 1:1 portion for Euro.…
Morgan Creek Capital Management CEO Mark Yusko has explained the logic behind his daring $150,000 price prediction for Bitcoin. Yusko made his latest remarks in a recent interview on CNBC, during which the industry pundit was asked to clarify the mathematics behind his expectation of $150K by 2025 for Bitcoin. The Maths Behind BTC $150K Outlook Yusko revealed that the figure is grounded in the fair value suggestion based on Metcalfe’s law model. He highlighted that Bitcoin’s fair value is approximately $50,000, while the impending halving is about three weeks away. Explaining further, he noted that the halving event reduces…
In the landscape of decentralized communities, Ronin Guild is one of the major players who has just partnered with Guild.xyz. The platform is rightfully considered revolutionary in the formation and development of guilds because on-and-off chain. Moreover, this seamless connection makes linking social accounts, crypto wallets, and communities easier than ever. Welcome to Ronin, @guildxyz!The journey towards a Ronin-based reputation-score has begun ⚔️• Join and create guilds on Ronin – no coding required• Earn and/or distribute rewards based on off-chain and on-chain requirements• Bronze, Silver, and Gold membership benefits… pic.twitter.com/ddiQoajBES — Ronin (@Ronin_Network) March 29, 2024 Ronin Guild on Guild.xyz…
Terra Classic (LUNC) validator TerraCVita recently disclosed that they had finalized the package for the compensation of the victims of the 2023 Terraport hack. TerraCVita disclosed this in a recent post on X after months of discussions surrounding the compensation idea. According to the post, the TerraCVita team has finalized the compensation package to repay the victims of the April 2023 hack, which resulted in the loss of $4 million worth of assets. Last week, the team revealed that it was looking to release a proposal geared toward compensating the victims. TerraCVita has carefully chosen to call the campaign a…
Renowned author and financial expert Nassim Taleb has sparked widespread interest and debate with his recent commentary on the verdict handed down to Sam Bankman-Fried, the founder of the now-bankrupt crypto exchange FTX. Taleb, best known for his bestselling book “Black Swan,” took to social media to share his thoughts on Bankman-Fried’s 25-year prison sentence for fraud. Taleb’s remarks, made in response to a statement by Bankman-Fried expressing remorse for his actions, suggest a deep skepticism regarding the sincerity of the convicted businessman’s repentance. Without directly addressing the specifics of the case, Taleb’s comment implies a concern that Bankman-Fried may…
A notable case for the two main sectors – finance and technology – arises as CPIC Investment Management (Hong Kong) Limited (CPIC IMHK), a company owned by China Pacific Insurance (Group) Co. Ltd. (CPIC), has staked the job as an investment adviser of MAPO Labs, the latter being the founders of the MAP Protocol. This partnership is in a takeoff position, whereby it will combine the fields of the traditional financial sector with the latest blockchain technology. CPIC-IMHK brings to the table its extensive experience in financial investment to facilitate the efforts of MAPO Labs companies within the real-world assets…