Author: NBTC
Mercuryo, a popular platform offering cutting-edge financial services regarding fintech and Web3 applications, has announced a new integration. As per the company, it has integrated Injective (a prominent blockchain forum) to revolutionize the future of the financial sector by offering a seamless experience for developers and users. The platform took to Its official X account to announce this development. 🚀Shaping the future of finance with @injective!Mercuryo is now natively integrated with Injective, enabling users and developers to seamlessly on-ramp into $INJ and dApps built on Injective using all popular payment options.Explore the future of web3 finance with Injective… pic.twitter.com/yoZKZN3RFq —…
Bitcoin’s price failed to overcome the $71,000 level decisively today, and the subsequent rejection pushed the asset south hard, dumping to around $65,000. The altcoins have suffered even more, with numerous double-digit losses from the likes of XRP, SOL, DOGE, TON, ADA, and many more. CryptoPotato reported earlier BTC’s attempts to overcome $71,000, which had little success. The bears managed to intercept the moves and pushed the cryptocurrency south to around $70,000. However, that was just the beginning of Bitcoin’s red Friday. After a recent warning that the situation could worsen soon, the asset’s price plunged to a weekly low…
Fantasy Top surged to the top of CryptoSlam’s non-fungible token (NFT) leaderboard, generating over US$831,530 in daily sales on Tuesday. The previous day’s sales for Fantasy Top stood at US$362,773. Fantasy Top is a collection on Blast, an Ethereum layer-2 by Pacman, the founder of the Blur NFT marketplace. The project is a trading card game based on crypto influencers on social media. Tuesday’s top sellers were all connected to NFT games, with the second-highest performing collection being DMarket, a Mythos-based collection for in-game NFT items of popular online games. Its sales reached US$705,194, a slight increase from the previous…
Bloomberg ETF analysts James Seyffart and Eric Balchunas expressed optimism about the potential demand for spot Ethereum ETFs. In an interview hosted by Bitwise, Seyffart stated that he expects Ethereum ETFs to see 20% to 25% of the demand experienced by spot Bitcoin ETFs. Balchunas estimates that demand will be around 15% to 20%. Seyffart’s estimate, which he calls a “discount,” is based on the fact that Ethereum’s market cap is about 30% of Bitcoin’s $1.4 trillion market cap. He attributes the difference in demand to the limitations of each product. Unlike Ethereum holders, Ethereum ETF investors will not be…
Gnosis Pay, a pioneer in next-gen banking infrastructure, has announced a groundbreaking partnership with Visa, the global leader in digital payments. This collaboration aims to integrate digital currencies into everyday transactions, enhancing the practicality and efficiency of digital payments.—Gnosis Pay’s decentralized network enables the provision of on-chain spending accounts linked to Visa debit cards, usable at any Visa-accepting merchant globally. For consumers, this means a smoother experience where digital currencies can be spent effortlessly in daily transactions, reducing inefficiencies and providing a more flexible payment method. After successfully launching the first batch of Gnosis Cards across Europe in February 2024,…
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season two of Dabba‘s service rollout, is set to provide internet solutions to areas with high data demand, particularly in rural and semi-urban regions of India. Despite India‘s high number of internet users, approximately 44% of its population remains offline, underscoring a significant gap in digital…
Spot Bitcoin exchange-traded funds (ETFs) surpassed several predictions about their assets as their collective assets under management (AUM) hit $59.1 billion within the first three months of the year, Bitwise revealed in a research report on April 11. JP Morgan and Bitcoin investment management firm NYDIG anticipated that spot Bitcoin ETFs could achieve an AUM of $36 billion and $30 billion by the year’s end. Meanwhile, Matrixport predicted the ETF would garner an AUM between $24 billion and $50 billion by Dec. 31, 2024. The actual AUM is nearly twice as high as each company’s earlier prediction, and spot Bitcoin…
While more established NFT projects continue to dominate the NFT markets in terms of activity and valuations, there’s a constant stream of new NFT projects that are trying to stake their claim in the NFT sector. In this article, we will be highlighting the best new NFT projects that could gain in popularity and reach higher valuations in the future. We limited this list to projects that had their launch in 2023 and 2024. Most of the NFT projects on our list are profile picture or “PFP” NFT collections, as this genre of NFTs has broad appeal and has been…
Despite the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry observers were pessimistic about the United States Securities and Exchange Commission (SEC) giving the green light to an Ethereum equivalent. But on May 23, after months of little engagement with applicants, the regulator quietly said yes to the products. An exchange-traded fund (ETF) is a popular investment vehicle that trades on a stock exchange. It allows investors to buy shares that track the price of an underlying asset—which could be anything from gold and foreign currencies to crypto and tech stocks. The approval of spot Ethereum ETFs—just…
Researchers from NGD and the R3E developer community are poised to unveil a novel random number provider protocol for BFT consensus-based blockchains such as Neo N3 and Neo X. This new protocol deviates from the traditional “commit-execute” models, offering a significant boost in response times, security, and reduced on-chain data requirements. The findings will be presented by Jimmy Liao, the primary author of the research paper and core developer for the Neo blockchain. Liao will showcase the research at the 54th Annual IEEE/IFIP International Conference on Dependable Systems and Networks in Brisbane, Australia. The paper passed a rigorous peer-review by…