Author: NBTC

The gaming industry and layer-2 blockchain projects have seen increased social engagement, which underlines enthusiasts’ interest in cryptocurrencies. According to the recent report by Phoenix, Polygon ($POL) leads the pack by 2 million Interactions over the last 24 hours. This encompasses likes, comments, and any post regarding the project. TOP #LAYER2 PROJECTS BY SOCIAL ACTIVITY$POL $ARB $ZK $STRK $STX $OP $IMX $MNT $MANTA $METIS pic.twitter.com/DNff9Sb02q — PHOENIX – Crypto News & Analytics (@pnxgrp) December 4, 2024 Arbitrum ($ARB) had 1.2 million interactions, zkSync ($ZK) followed with 1 million interactions, and Starknet ($STRK) with 1 million interactions respectively. The rise in…

Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE Digital Technologies has hit a major milestone, reaching 6.0 exahashes per second in operational hashrate, marking a 47% jump from 4.08 EH/s at the end of 2023. The Vancouver-headquartered firm explained in a Jan. 2 press release that the growth comes from upgrading its Bitcoin mining fleet with the latest Avalon machines from Canaan Inc. On top of the fleet upgrade, HIVE has also secured competitive energy pricing in Sweden, with electricity costs below two cents per kilowatt-hour.…

SoonChain, a prominent AI-powered L2 gaming platform, has announced its strategic partnership with EML Protocol. This collaboration is a revolutionary step forward in the blockchain ecosystem. Both partners’ technological proficiencies merge to transform cross-platform transactions and in-game asset trading.EML Protocol, is a protocol for secure digital identity authentication. It is also known for its cutting-edge services like TrustBridgeX and TrustMarketX. 𝐒𝐨𝐨𝐧𝐂𝐡𝐚𝐢𝐧 𝐱 𝐄𝐌𝐋 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩!@EMLprotocol, a platform redefining convenience with services like TrustBridgeX and TrustMarketX.𝐓𝐡𝐢𝐬 𝐜𝐨𝐥𝐥𝐚𝐛 𝐢𝐬 𝐚 𝐦𝐚𝐣𝐨𝐫 𝐬𝐭𝐞𝐩 𝐟𝐨𝐫𝐰𝐚𝐫𝐝, 𝐞𝐧𝐚𝐛𝐥𝐢𝐧𝐠:✅ Effortless… pic.twitter.com/hQJAlaFn4y — SoonChain❤️AIGG (@soonchain_ai) December 30, 2024 SoonChain and EML Protocol Transforming Digital Experiences This partnership merges…

Diamond Standard has announced that it is unlocking the investment potential of Diamonds by tokenizing on Hedera. Hedera was chosen for its security, speed, and transparency and appears essential to the vision of democratizing access to Diamond. The latest collaboration between Diamond Standard and Hedera (HBAR) would witness the groundbreaking tokenization of diamonds and the creation of fungible commodities on the Hedera network to enhance transparency and traceability. According to the blog post, Diamond Standard would also leverage the scalability, security, and additional compliance of the Hedera network to remove barriers to the Diamond market. By #tokenizing diamonds on #Hedera,…

Mask Network has announced that it has accomplished an incredible breakthrough of donating $1.5 million to support the functioning of various Web3 projects and prominent universities. This manifests their dedication to promoting the expansion and evolution of the Web3 ecosystem. Mask Network is a crypto platform that strives to enable users to access the Web3 landscape. It allows users to use dApps on social networks like Facebook and others, without having to abandon such platforms. Users can leverage Mask Network to encrypt messages, execute cryptocurrency transactions, and even interact with DeFi platforms directly from their social media channels. 1/5We are…

NFTs recorded a total sales volume of $8.8 billion in 2024, marking a slight increase of $100 million from the previous year. This 1.1% year-on-year growth reflects both the potential and challenges within the digital collectibles market. NFT Sales Show Signs of Recovery Amidst a Challenging Year Ethereum and Bitcoin emerged as the leading blockchains for NFT sales, each generating $3.1 billion throughout the year. Solana ranked third, recording $1.4 billion in sales volume. Cumulatively, Ethereum maintains its dominance with $44.9 billion in all-time NFT sales. Solana follows with $6.1 billion, while Bitcoin-based NFTs have amassed $4.9 billion in total…

BC Bud Co is investing $178K in Ripple’s XRP through Coinsquare, reflecting confidence in its regulatory legitimacy and market growth potential. CEO Brayden Sutton highlights XRP as a strategic hedge against inflation, emphasizing its dual role in legal recognition and financial innovation. The BC Bud Corporation, trading as BCBC on the Canadian Securities Exchange and BCBCF on OTC Pink, has stepped into the crypto arena with a striking announcement. The company plans to purchase $178K worth of Ripple (XRP) using its Canadian cash reserves. The strategic decision reflects its commitment to enhancing shareholder value by diversifying its treasury holdings. The…

Don’t FOMO has recently joined CounterFire, a significant move towards implementing blockchain in gaming. This collaboration combines elements of the MOBA (Multiplayer Online Battle Arena) as a genre with Battle Royale, which uses blockchain. Players should expect to engage in exciting gameplay with safe and protected trading of assets and decentralized rewards. 🚀 Excited to announce our partnership with @playCounterFire 🎮 A fusion of MOBA and Battle Royale on the blockchain, offering secure gaming and asset trading. Join us for an epic gaming adventure! 📍Don’t Fomo is a decentralized game, offering a platform where players can turn… pic.twitter.com/CtUSEYZRmg — Don’t…

Aki Network has announced a new investment from BTX Capital, a New York-based investment firm focused on AI and blockchain. It was shared on Aki Network’s official X account. We’re excited to announce our latest investment from @BTX_Capital, a premium, New York-based investment firm focused on AI and blockchain. We believe this funding will further solidify our leadership in Web3’s AI space, and allow us to expedite the development of Aki Meme Reactor… https://t.co/B4aPtCoW49 — Aki Network (@aki_protocol) December 31, 2024 Aki Meme Reactor X to Reshape AI and Blockchain Space Aki Network looks to the funding opportunity to enhance…

Superstate CEO Robert Leshner has stated that Bitcoin hitting $100,000 on Nov. 28 would make him a believer in the simulation theory. “I don’t believe in Simulation Theory, but if it happens that would convince me,” he said. The largest cryptocurrency happened to cross its previous major milestones ($1,000 and $10,000) on Nov. 28 (in 2013 and 2017, respectively). Now, Bitcoin is once again within striking distance of hitting the $100,000 mark, currently trading at $95,505. Bitcoin would need to add 4% today to achieve this milestone. The simulation theory was proposed by popular Oxford philosopher Nick Bostrom in his…