Author: NBTC
In the payments industry, the integration of cutting-edge technologies is crucial for ensuring security, privacy, and efficiency. Zero-Knowledge Proofs, or ZKPs, are a powerful tool which is quickly becoming popular as it allows parties to verify the authenticity of a statement without revealing any sensitive information. In fact, the maturation of ZKP technology is expected to lead to broader adoption across various financial services and address several challenges related to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. Traditional KYC and AML methods often involve sharing personal data, making them susceptible to security threats, whereas ZKPs use mathematical proofs…
The incoming Dencun fork heralds a new era for Ethereum, which could significantly lower transaction fees by as much as 100 times. This pivotal upgrade, backed by the unwavering support of Coinbase’s Base layer 2 network from day one, aims to tackle one of the most pressing challenges in the blockchain space: high transaction fees. Addressing Ethereum Transaction Fees The Dencun upgrade, scheduled for March 13, is set to revolutionize the blockchain industry by enhancing efficiency and scalability, with EIP-4844 or proto-danksharding at its core. Base, in collaboration with Optimism, the Ethereum Foundation, and other key Ethereum core development teams,…
Despite pulling back to around $68,500, analysts are optimistic about a continuation of the Bitcoin bull cycle after it hit a new all-time high (ATH) of $70,083.05 on March 9, fueled by increasing institutional interest and growing adoption. However, amidst this upward trajectory, a significant development is emerging in the cryptocurrency market – the decreasing amount of BTC on cryptocurrency exchanges. BTC leaving exchanges in record numbers Reports from Bitcoin Magazine and HIVE Digital Technologies indicate a substantial movement of Bitcoin off trading platforms, pointing towards a shift in investor behaviour. JUST IN: #Bitcoin is being taken off exchanges in…
SushiSwap has faced accusations of governance manipulation and financial opacity, with tensions rising over the deletion of its governance forum. Decentralized crypto exchange SushiSwap has found itself in hot water as the community accuses its core team of deleting parts of its governance forum and disregarding snapshot votes amidst backlash over its financial management. In an X post in late February, former ex-contributor to SushiSwap, Naim Boubziz, ignited the controversy by highlighting the project’s core team’s deletion of its governance forum amid criticism of its use of treasury funds. #Sushiswap : The $sushi core-team have just completely deleted the https://t.co/JAgiNpHAOS,…
Following its recent rally to a 52-week high of $3,958, Ethereum (ETH) addresses in profit have topped 94.3% with limited resistance to retest its previous ATH of $4,891.70. Data from crypto analytics platform IntoTheBlock (ITB) puts the Ethereum addresses in profit at a total count of 104.71 million. This is the highest Ethereum has recorded in more than a year with the crypto asset notably trailing the bullish path that was set by Bitcoin following the approval of its spot Exchange-Traded Fund (ETF) products. Ethereum On-Chain Data Count The IntoTheBlock data shows that overall, all addresses on Ethereum are either…
Bitcoin’s (BTC) price went on a major rampage this week as it breached all-time highs (ATH) on two different occasions. While the latest ATH of $70,083.05 marks a monumental milestone, it underscores how Bitcoin is displaying an “overheating” signal, according to insights from crypto analytics platform CryptoQuant. With the palpable excitement from investors to bet on the coin at the moment, CryptoQuant is warning that a major correction might be ahead for the top coin. The analytics platform laid out some factors that show a correction might truly be underway for the coin. It highlighted how “the Bull-Bear Market Cycle…
Vyvo Smart Chain joins VeChain for sustainable rewards via VeBetterDAO. Track Health to earn via Vyvo Smart Chain’s heartbeat-powered blockchain. VET soars amid VeChain’s sustainability push; analysts bullish on support levels. In an exciting collaboration, Vyvo Smart Chain proudly partners with VeChain to launch VeBetterDAO, a platform poised to make sustainability mainstream. Vyvo Smart Chain stands out as the first blockchain Powered By Heartbeats, offering users the ability to track health and earn rewards. #VyvoSmartChain is proud to join @vechainofficial in the launch of #VeBetterDAO, a platform that aims to take sustainability mainstream by unlocking the value of collective sustainable…
DePIN, short for “decentralized physical infrastructure networks,” has become an increasingly popular application of blockchain and decentralized technologies. Simply put, it involves using blockchain to run and maintain decentralized networks of physical hardware, such as sensors, wireless infrastructure, energy grids, and other applications. By leveraging cryptocurrency tokenomics and blockchain technology to incentivize and coordinate the running of peer-to-peer (p2p) hardware infrastructure networks, DePIN is already being used to bootstrap and maintain real-world services. Here’s how it works. What is DePIN? DePIN uses cryptocurrency rewards to incentivize participation in physical infrastructure networks, enabling them to be built from the “ground up”…
A series of substantial purchases have been made of Ethereum (ETH), totaling over $620 million. Data from Spot On Chain reveals that in a single hour, a massive sum of 15,003 ETH was acquired at an approximate rate of $3,932, using 59 million DAI. Over the past four days, these wallets have amassed 163,295 ETH, costing around 620.7 million DAI, with an average purchase price of $3,801, resulting in an estimated unrealized profit of $24.3 million. These transactions are associated with wallets linked to PulseChain, a project with connections to the controversial figure Richard Heart, the founder of HEX and…
Dogwifhat (WIF), a dog-themed meme coin based on the Solana blockchain, has seen an impressive rally in recent weeks, reaching an all-time high of $2.23 on March 6, 2024, and entering the top 100 cryptocurrencies by market capitalization. Given the volatile and often unpredictable world of cryptocurrency, stories of missed opportunities and unexpected turns are not uncommon. The tale of one WIF developer’s near-miss with the Dogwifhat (WIF) epic rally depicts this kind of circumstance. The developer, whose identity remains undisclosed, found himself on the verge of a large windfall when the price of Dogwifhat (WIF) skyrocketed to record heights.…