Author: NBTC
The XR Foundation, in collaboration with Saltwater Games, unveils its latest milestone: the launch of XR One, a gaming-dedicated blockchain platform poised to revolutionize the gaming industry. Powered by its native $XR token and fueled by the innovative Layer 3 Orbit chain co-developed by the Saltwater.Labs team, XR One represents a monumental leap forward in gaming technology.—The genesis of XR One is marked by collaboration and innovation. With grant funding from the Arbitrum Foundation, Saltwater Games has spearheaded the development of the Layer 3 Orbit chain, harnessing the scalability and flexibility of emerging Web3 technologies. This strategic partnership has culminated…
Today marks a significant event as Bitcoin experiences its fourth scheduled halving. This event, also known as the halving, occurs approximately every four years and has far-reaching implications for the Bitcoin ecosystem. As Bitcoin Magazine prepares for a halving livestream, powered by Kraken, to commemorate this event, it’s crucial to understand what the halving is and why it’s so important. What is the Bitcoin Halving? The Bitcoin halving refers to the process by which the reward for mining new blocks on the Bitcoin blockchain is reduced by half. This reduction occurs approximately every 210,000 blocks, or roughly every four years.…
Roaring Kitty became a cult figure amid the 2021 GameStop short squeeze meme stock saga. Now, the position he holds in financial culture isn’t too dissimilar from that of iconic investor Warren Buffett, one hedge fund founding partner believes. The 93-year-old CEO of Berkshire Hathaway is leading a tribe of “older-generation boomers” who believe in reasonable price-to-earnings ratios, said Statos founding partner Rennick Palley. But the 37-year-old Keith Gill—known as RoaringKitty on Twitter, or DeepFuckingValue on Reddit—is leading a younger generation of millennials and zoomers with a distinctly different investing ethos, the hedge fund partner told Decrypt. “The only way…
RD Technologies, a leading blockchain solutions provider, has partnered strategically with Chainlink, the industry-standard decentralized oracle network, to facilitate secure and reliable cross-chain transfers of the Hong Kong Dollar (HKD) stablecoin. This integration marks a significant milestone in enhancing interoperability and accessibility within the cryptocurrency ecosystem, paving the way for seamless transactions across different blockchain networks. HKDR is a dependable and open stablecoin for payments and other uses, backed 1:1 by the Hong Kong dollar. To investigate the use of HKDR in B2B cross-border payments, virtual asset exchanges, and tokenized real-world asset settlement, RD Technologies has currently signed agreements with…
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice as the value of 1 petahash per second (PH/s) daily has climbed above the $50 mark. Bitcoin Hashrate and Miner Earnings Slide: Navigating May’s Challenges Bitcoin’s hashrate represents the computational power dedicated to securing BTC blocks on the network, rewarding bitcoin miners with 3.125 BTC and the fees tied to the particular block they uncover. The seven-day SMA from…
In a groundbreaking move towards mainstream adoption of blockchain technology, Pyth Price Feeds have been officially launched on Xion, heralding a new era of decentralized consumer applications. Xion, known for its commitment to simplifying user interactions and abstracting the complexities of blockchain technology, has joined forces with Pyth, the leading provider of real-time market data, to empower developers with access to over 500 high-quality price feeds. The integration of Pyth’s oracle onto the Xion blockchain represents a significant milestone in the evolution of decentralized finance (DeFi) and consumer applications. With Pyth’s extensive network of price feeds covering traditional and digital…
In a recent report by Ki Young Ju, CEO of CryptoQuant, it has been revealed that longstanding Bitcoin holders, often referred to as “ancient whales”, have witnessed a remarkable surge in profits, amounting to an impressive 223%. This significant uptick in profitability comes at a crucial moment, with Bitcoin poised to undergo its scheduled halving event in less than 24 hours. On the one hand, it might seem that ancient whales holding a large amount of Bitcoin with such profits poses the risk that they will want to go to cache sooner. However, it’s likely that it’s the short-term holders…
David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming election could trigger a bitcoin ‘space race,’ as countries rush to accommodate their policies to align with the U.S. Bailey also stated that they have secured several 7-figure commitments for Trump’s pro-crypto $100 million war chest. Bitcoin Magazine CEO Heralds New Bitcoin ‘Space Race’ Age With Hypothetical Trump’s Victory Bitcoin has become a relevant factor in the U.S. elections. David Bailey, the CEO of Bitcoin Magazine and aide of the crypto policies for the Trump campaign, believes that a hypothetical…
Nexo, a prominent institution for regulated digital assets, has reaffirmed its inclusion of Shiba Inu on its platform with an exploratory analysis of SHIB. In an update on X earlier today, Nexo reiterated its support of Shiba Inu and provided users with an in-depth analysis of the project. Shiba Inu Now a Powerful Symbol of Strength The firm pointed out that Shiba Inu debuted in August 2020 as a joke meme coin. However, Nexo observed that over its almost four-year trajectory, SHIB has transformed into a powerful symbol of communal strength. .@Shibtoken’s $SHIB is live on Nexo! Let’s explore. ⬇️…
MetalCore, a free-to-play massive multiplayer online (MMO) combat game led by former developers from Activision, Disney, Lucasfilm, and Midway, has announced a partnership with the universal gaming ecosystem Portal. Studio369, the game development company behind the blockchain-powered PvP shooter, said that Portal is a cross-chain gaming access point that enables users “to consolidate all of their Web3 games, digital assets, and user accounts into a single, easily accessible location.” MetalCore and Portal Focus on Eliminating Onboarding Barriers The Web3 game industry is gaining popularity. However, Studio369 argues, the blockchain onboarding experience still has two major pain points: it’s complex and…