Author: NBTC
The crypto market stands on the brink of a transformative year in 2024. Indeed, the industry is poised for significant changes with new technologies emerging. These advancements promise to enhance the functionality and utility of digital currencies and address some of the most pressing challenges facing the market today. The Promise of Interoperability A pivotal development in blockchain technology is the advancement of interoperability protocols. Kadan Stadelmann, Chief Technology Officer at Komodo Blockchain, told BeInCrypto about the critical compatibility between blockchains. “Blockchain interoperability empowers distinct blockchain networks to communicate, share data, and collaborate. It is the glue that binds together…
Nakamoto Games partners with AIOZ Network for enhanced gaming solutions. The project’s week 11 update showcases its’ relentless innovation in gaming. NAKA strengthens its position as a leader in blockchain gaming. Nakamoto Games, a trailblazer in the Play2Earn gaming world, announces an exciting collaboration with AIOZ Network. This partnership sees Nakamoto Games integrating AIOZ for its DePIN Web3 Storage solution, marking a significant step forward in their shared vision for the future. Nakamoto Games has partnered with @AIOZNetwork and is excited for what the future holds. $NAKA integrates $AIOZ for our #DePIN #Web3 Storage solution. Next, #AIOZ is going to…
Bitcoin’s latest all-time high on Tuesday morning was accelerated by the launch of the spot bitcoin ETFs, experts said. The cryptocurrency started its rally in earnest in the fall of 2023 as it became clearer that the funds would soon be approved. Experts said that it would’ve reached a new all-time high nevertheless, but the ETFs have been an important tailwind. Bitcoin (BTC) reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have…
Cosmos-based decentralized exchange Astroport is set to deploy its passive concentrated liquidity (PCL) pools on Osmosis, the largest Cosmos-based DEX by volume, following successful governance votes on both platforms. This move marks an alignment between two of the most active DEXes in the Cosmos ecosystem, aiming to improve the overall trading experience and capital efficiency for users. PCL pools, which aim to provide the benefits of concentrated liquidity without requiring active management, will be offered alongside Osmosis’s existing “supercharged liquidity” pools. Astroport’s pools utilize an advanced repegging algorithm that automatically concentrates liquidity around the exponential moving average of ongoing trades.…
Developers at Gnosis Chain have deployed a version of the Dencun update to the network to help scale decentralized applications further. Commenting on the Dencun update, Philippe Schommers, head of infrastructure at Gnosis, said the new blob transactions introduced by proto-danksharding show that the blockchain community is overcoming conceptual challenges towards creating a more easily scalable network, Ethereum. “These include temporary data, which is extremely important as this combats state bloat. Previously, all the data used by layer-2 was stored indefinitely on all Ethereum nodes. Now, this new type of data will be discarded after about two weeks.” Philippe Schommers,…
French teenagers are more likely to invest in crypto than older citizens in the country, a report has claimed. Franceinfo reported that 15% of French people aged 18-24 years have already taken the crypto plunge. This is much higher than the national average, the outlet claimed. Franceinfo wrote that 9% of French citizens are thought to have bought crypto at some point in their lives. French Teenagers: Under-18s Also Buying Crypto? The media outlet added that “although” crypto platforms are “prohibited for minors,” in France, coins “are enjoying growing success among adolescents and young adults.” But this “doesn’t stop some…
Binance, one of the world’s leading cryptocurrency exchanges, announced that several spot trading pairs have been removed in order to protect users and preserve the integrity of the trading environment. Binance Announces Removal of These Spot Trading Pairs as of March 15, 2024 This decision follows the outcome of routine evaluations carried out by the exchange to evaluate the performance of listed assets, taking into account factors such as liquidity and trading volume. Effective March 15, 2024 at 6:00 AM, Binance will no longer support trading of the following spot trading pairs: ARPA/BNB, COMP/TUSD, EDU/BNB, EDU/TUSD, and PENDLE/TUSD. Delisting these…
Authorities in China are urged to improve the infrastructure surrounding blockchain technology to match the pace of digitization. Dong Jin, a high-ranking National People’s Congress (NPC) member, called on the Chinese government to throw its weight behind blockchain development, eyeing several benefits for the local economy. Jin’s comments came during China’s Two Sessions event, an annual plenary session of the ruling party with the nation’s political elite and industry leaders in attendance. The discussions at the Two Sessions event include areas of economics, security, and geopolitics, as well as emerging technologies. Jin’s proposal revolves around developing a national blockchain network…
PALO ALTO, CA — Ambrus Studio, a prominent game development studio, has revealed its upcoming series of games powered by Sui, a layer 1 blockchain and smart contract platform.— Through a partnership with Mysten Labs, Sui’s original contributor, Ambrus Studio will enhance its user experience by leveraging Sui’s unique gaming functionalities, integrating Web3 elements into both E4C game titles, Fallen Arena, and Final Salvation. The PC game E4C: Fallen Arena launches today and is accessible to play on Ambrus Studio’s website.E4C: Fallen Arena, the PC prequel to the multiplayer online battle arena game E4C: Final Salvation, a mobile game, shares…
Bitcoin’s (BTC) all-time high of $69,325 has not been hedged for inflation — a dint in the idea that this “digital gold” is a successful store-of-value. When measuring inflation, bitcoin, despite its notable rally in recent months, is still technically worth less than it was at its previous high in November 2021. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. According to the U.S. inflation calculator, the cost of a single BTC today — at around $67,000 at…