Author: NBTC
In the ever-evolving world of cryptocurrency, stablecoins have emerged as a popular option for traders and investors. As their name suggests, stablecoins aim to provide stability in an otherwise volatile market by being pegged to a stable asset such as gold or the US dollar.—Brand new stablecoins are constantly being introduced, but here are the top stable coins to know about in 2024. By comparing these novel stablecoins with traditional ones, you can better understand the future of this promising cryptocurrency trend.USDVVerified USD (USDV) represents a tokenized real-world asset (RWA) supported stablecoin tailored for the modern financial world. As a…
Andrei Dragnea shares insights on the challenges of building a blockchain with parallel architecture and what benefits this model presents. Scalability is one of the three components of the Blockchain Trilemma described by Ethereum co-creator Vitalik Buterin, and one of the biggest challenges for blockchain-based infrastructures. Andrei Dragnea, Software Engineer at Neon Foundation, explains to Crypto Briefing how parallel structures can make blockchains more scalable, the impact they have on the decentralized ecosystem and what are Neon EVM plans for this year. Crypto Briefing – How does a parallel structure work? Andrei Dragnea – Okay, good question. First of all,…
As the SEC v. Ripple lawsuit edges close to filing the remedies-related briefs, we have highlighted some critical dates that you should look out for in the coming weeks. Recall that the case saw a significant update this week that could extend the deadline for completing the remedies briefing by one week. Next Important Dates to Look Out For The Crypto Basic reported that the SEC filed a motion to modify the remedies scheduling order. Specifically, the commission asked the court to extend the deadline for filing its remedies-related opening brief by nine days to March 22, 2024, from the…
Ethereum, the second-largest digital asset by market capitalization, is trading near the pivotal $4000 milestone for the first time since December 2021, up 15% during the past week. Amid this price rally, leading restaking protocol EigenLayer is now the second-largest DeFi protocol in terms of total value locked, according to DeFillama data. ETH’s price Ethereum is currently priced at $3954 following a 4% gain during the past day, according to CryptoSlate’s data. This upward movement in Ethereum’s value can be linked to the excitement surrounding the upcoming Dencun upgrade scheduled to go live on the mainnet by Mar. 13. Dencun…
Michael Saylor is celebrated for his innovative contributions to software and exceptional financial skills. With a net worth estimated at $2.7 billion, his path to success has seen both ups and downs, from the highs of the late 1990s tech boom to navigating the dot-com bust. Notably, his strategic embrace of Bitcoin investments catapulted him back into billionaire status, affirming his well-earned reputation as a visionary entrepreneur. Michael Saylor’s net worth estimate The founder of the business analytics software firm MicroStrategy, Michael Saylor has amassed a significant net worth over the years. According to Forbes, his net worth is $2.7…
Aptos, a high-throughput Layer 1 blockchain network, has removed the daily transaction limit and reduced the processing time on its Stargate bridge. We’re excited to announce, following the proposal from the @Aptos Foundation, that bridging limits on TheAptosBridge have been removed! 🎉 Not only that, but we’re kickstarting the Aptos Campaign, filled with education, exploration and incentives 👀 Read on to find out more 🧵 — Stargate (@StargateFinance) March 7, 2024 According to the statement released by Stargate Finance, the decision was reached after careful review of the Aptos Foundation’s proposal, which was aimed at simplifying cross-chain interoperability. “To help…
Astar Network announced the launch of Yoki Origins, a Web3 adventure that has been unveiled in coordination with Astar zkEVM. The objective is to offer a gamified onboarding process to users. They later gain access to a variety of digital collectibles created by artists and enterprises. The unique digital collectibles that will be up for distribution and selling will represent NFTs, non-fungible tokens. A total of three elements will play a crucial role: Yoki, OMA, and Lore. Japanese illustrators have created a collection of original characters called Yoki. Players can evolve Yokis by participating in the game and obtaining several…
In a legal battle highlighting the contentious realm of social media governance, a U.S. judge hinted at the potential dismissal of a lawsuit filed by Elon Musk’s X Corp, formerly known as Twitter, against the Center for Countering Digital Hate (CCDH). Notably, the lawsuit alleged that CCDH’s critique of rising hate speech on the platform under Elon Musk’s leadership had driven away advertisers, causing substantial financial losses for X. Elon Musk’s X Under Legal Pressure As Judge Questions Lawsuit Validity During a recent hearing, U.S. District Judge Charles Breyer expressed skepticism regarding X Corp’s claims against CCDH. He questioned whether…
Hashflow, a pioneering decentralized finance (DeFi) trading platform, is set to transform trading experiences with the introduction of its Arbitrum-native aggregator. This launch establishes a centralized hub within the Arbitrum DeFi Ecosystem, revolutionizing how traders interact with the rapidly expanding Arbitrum community.—The unveiling of Hashflow’s new product, Aggregator+, signifies a significant leap forward in DeFi trading. Utilizing its intent-based Smart Order Routing architecture, the platform empowers traders to access approximately $8 billion in liquidity, ensuring they secure the best prices for popular tokens across Arbitrum. As the Arbitrum DeFi landscape continues to flourish, Hashflow emerges as the go-to destination for…
Turkey’s central bank digital currency (CBDC) will support programmable payments and be offered through financial intermediaries. It will only support one account per user, which will be accessible through all financial institutions, the central bank has revealed. The Central Bank of the Republic of Turkey (CBRT) recently published an English version of its report on the first phase of its digital lira research—it issued a Turkish version in December. The report explores the key elements of the CBDC, which the central bank says will complement the existing payment infrastructure. It delved into the potential features of the digital lira, design…