Author: NBTC
Nym Technologies has secured a grant from the ZCash Community Grants, extending the metadata privacy safeguards of the Nym mixnet to the Zcash ecosystem. The Nym mixnet serves as a layer-0 privacy infrastructure. It is compatible with any blockchain and can seamlessly integrate to conceal traffic, safeguard privacy, and enhance the security of both users and validators. By teaming up with Nym, Zcash joins other Web3 projects such as Monero, Aztec, and Near. Nym-ZCash According to the announcement disclosed to CryptoPotato, Nym aims to collaborate with ZCash’s privacy infrastructure to offer an end-to-end protected solution privacy solution for users of…
GalaSwap is positioned on GalaChain. This initial version will serve as the foundation for a feature-rich platform where GalaChain tokens can be exchanged peer-to-peer. In accordance with Gala’s commitment to transparency and openness, forthcoming versions of GalaSwap will be entirely open source. This will foster community engagement and ensure that modifications to the platform result from a combined effort and body of knowledge. Some forthcoming features that will be made available to the public include specialized tools that address GalaChain’s requirements. Galaswap, in its current iteration, offers the opportunity to acquire transfers within the Gala ecosystem for a payment of…
y00ts announced enforcing royalties with Magic Eden. They are expected to allocate the entire portion of royalties for two purposes: buying y00ts and endorsing their creators through an X badge, with X formerly being Twitter. Candidates can be picked up in two ways. One, y00ts holders can nominate a candidate who has the capability to bring value to the community. Second, the team will self-pick a creator who is already in the community. Once chosen, they will be given an official X badge that helps them to amplify their reach. The end goal for y00ts is to enhance its brand…
When Will the SEC Approve Ethereum ETFs, What Are the Possible Dates? When Will the Expected Rise Start? QCP Capital Analysts Answered!
Although Bitcoin rose to $48,000 after ETF approval, the subsequent trading pressure brought the BTC price down to $38,000. While the decline in BTC is also effective in altcoins, especially Ethereum, investors are wondering whether this decline will continue. Evaluating the market in general at this point, QCP Capital analysts stated that they are waiting for spot ETH approvals for the next upward wave. Stating that it is still unclear whether Ethereum ETF approvals will occur in 2024, analysts said, “If the SEC clusters the final approval dates in one date, as it does for Bitcoin ETFs, we can say…
IDnow joins a consortium to make Crypto Asset Service Providers and self-hosted wallets adhere to EU’s Anti-Money-Laundering and Transfer of Funds regulations. The consortium proposes a system using soul-bound tokens for identity verification, addressing both regulatory compliance and privacy concerns. In a groundbreaking move, IDnow, a prominent European identity verification platform provider, has announced its collaboration with a consortium of industry leaders aimed at aligning Crypto Asset Service Providers (CASPs) and self-hosted wallets with new European Union regulations. This consortium, which includes the IOTA Foundation, walt.id, SPYCE.5, and Bloom Labs, is set to navigate the complex landscape of EU’s Anti-Money-Laundering…
There has been no shortage of exciting news pertaining to Bitcoin (BTC) in the first month and a half of 2024. At the very start of the year, the U.S. Securities and Exchange Commission (SEC) announced it had approved 9 stop BTC exchange-traded funds (ETFs) and while the news initially led to a significant price decline, the world’s foremost cryptocurrency has since started surging. Since January 1, Bitcoin is up a total of 16.93%. The uptrend is also visible in the last 30 days – 23.74% – and the last 7 days – 20.7%. Additionally, while the news of the…
Since the protocol’s inception, its purpose has been to enable human connection through novel ownership mechanisms in regard to created content, social graph, and data. In the early stages, the decision was made to operate in beta while addressing concerns related to upgradeability and safety. Protocol priority supported over 400 applications developed by the community. Numerous projects were entirely open source, with an estimated one hundred contributors. Then, in response to the ever-evolving priorities of Web2 social, Lens established a thriving community of crypto conventionals in search of an on-chain alternative. After six months, in excess of 100,000 users became…
US online trading platform Robinhood has announced an exclusive non-fungible token (NFT) giveaway. Robinhood Wallet users can now participate in the new giveaway from Notable.art, a new fine-art-centric platform bridging digital and physical art. Specifically, they can acquire exclusive digital sketches from prominent American artist Hunt Slonem. The campaign will consist of four total NFT giveaways happening once every two weeks. Each of these will feature different artwork by Slonem. According to the press release shared with Cryptonews, the NFTs will be accessible via the Web3 tab in the Robinhood Wallet app on iOS. They will be minted on Notable…
Ethereum Price Prediction: Amid a widespread market pullback, Ethereum’s native token, ETH, experienced a sharp decline from its $2700 peak. Over two weeks, this altcoin saw a 17.7% drop in its value, now trading at $2233. Examination of the daily chart reveals that the coin is having difficulty maintaining its position above the support trendline of a long-coming channel pattern. Despite the prevailing market uncertainty, the ongoing progress towards the Dencun upgrade and the potential introduction of a spot Ethereum ETF are anticipated to reinforce the fundamental strength of the network, potentially sparking natural growth. Ethereum Price Prediction: Why $ETH…
Senator Elizabeth Warren, along with her three Democratic counterparts, called on Federal Reserve Chairman Jerome Powell to lower interest rates. The call comes as part of an effort to ease rising housing costs, which are a matter of concern ahead of this week’s central bank policy meeting. In a letter dated Jan. 28, senators expressed concern that higher interest rates are worsening the nation’s ongoing housing access and affordability crisis. They called on the Fed to consider the impact of interest rate decisions on the housing market and reverse interest rate increases that have put affordable housing out of reach…