Author: NBTC
Glauber Contessoto turned his modest Dogecoin investment into a fortune by using memes and Elon Musk’s support. Dogecoin’s value surged over $89 billion in spite of criticism, making it harder to distinguish between real investments and online jokes. Glauber’s journey from modest beginnings to crypto stardom exemplifies the power of belief. Starting with minimal resources, he shifted his focus from stocks to Dogecoin, leveraging Elon Musk’s influence to become a crypto millionaire in just over two months. Big Dreams from a Humble Beginning: Dogecoin Not so long ago, Glauber Contessoto—who goes by “Pro the Doge” or “SlumDoge Millionaire“—was not well-known…
In a surprising twist in the crypto markets, Worldcoin (WLD) has seen a robust 30% surge over the past week. This has been fueled by swirling rumors about a potential new product from OpenAI. Worldcoin’s Value Increases Amid OpenAI Rumors This increase in value aligns with speculative interests as traders anticipate the launch of a rumored proprietary search engine by ChatGPT’s parent company, OpenAI. Worldcoin, although not directly linked to OpenAI, shares a common visionary in Sam Altman, spearheading the iris-scanning project and the AI pioneer. Despite this indirect connection, the market has responded positively, highlighting the impact of even…
zkSync, an L2 protocol offering low-cost and scalable payment solutions on Ethereum, has announced an exclusive development. The platform is introducing the beta version of its node to offer a comparatively streamlined setup procedure as well as decreased hardware requirements. The company took to X to provide the relevant details regarding the new version. 📣 We’re thrilled to announce the release of zkSync Node Beta! 📣We are releasing the Beta version of our Node, which has a much-simplified setup process and lower hardware requirements! The zkSync node is a read replica of the main node that anyone can run.Read more…
The oldest and largest blockchain ticked over into its 840,000th block shortly after midnight UTC on Saturday morning, kicking off April 20—yes, 12:10 a.m. on 4/20—triggering the latest Bitcoin halving. Despite all the hype and anticipation, the price of BTC held steady. BTC was priced at $63,976 when the pivotal block was minted, according to CoinGecko data, netting a 1% gain over the previous 24 hours. Half an hour later, it was essentially unchanged at $63,873. The ultimately wan effect of the long-planned and closely-watched event follows a rollercoaster few days—including a steep drop in the Bitcoin price to $59,573…
DMarket topped the non-fungible token (NFT) collection ranking on Monday with US$835,028 in daily sales. Despite leading the daily sales chart, Monday’s sales total snapped a three-day streak of at least US$900,000 in daily sales for DMarket. DMarket collection represents in-game items for popular games such as Counter-Strike 2 on the Mythos network. The collection witnessed an increase in unique buyers to 4,034 and sellers to 3,546, resulting in a total of 33,375 transactions for the day. This surge in daily activity has boosted DMarket’s all-time sales volume to US$427.86 million. While a Mythos-based project led the collections charts, the…
The Labour Party is a favorite to win the U.K.’s upcoming general election. Regardless of who is elected, crypto policy should still continue developing as it has been, said Adam Jackson, director of policy at Innovate Finance. A U.K. election is not going to derail the progress the country has made when it comes to regulating the crypto sector, industry stakeholders told CoinDesk. An election date has not been announced yet, but it is expected to happen in the country this year. The ruling Conservative party – which has been in government for nearly 14 years, since it was first…
The Philippines actively sought bolstered assistance from the Asian Development Bank (ADB) to advance its dual objectives of physical and digital infrastructure development. During the 57th ADB Annual Meeting’s Business Session, Finance Undersecretary Joven Balbosa emphasized the nation’s focus on fostering improved connectivity to amplify infrastructure investments. Empowering small businesses Acknowledging the vital role of micro, small, and medium enterprises (MSMEs) in the country’s economic fabric, the Philippines underscores the necessity for tailored support from the ADB. With MSMEs constituting nearly 99% of the nation’s business sector, there’s an urgent call for initiatives to bolster their capacities, particularly in light…
Rwanda’s central bank has published a research paper laying out the benefits, risks, and design recommendations for a digital franc. The research paper summarized the key findings of a feasibility study on the economic, legal, functional, and monetary implications of a central bank digital currency (CBDC) that the National Bank of Rwanda (BNR) initiated in September 2022. The central bank has called on the public for feedback as it moves into the next stage of CBDC exploration. 🚀 Big News from #Rwanda 🇷🇼 Since September 2022, the National Bank of Rwanda has been exploring a new digital horizon with a…
Seattle — In a groundbreaking collaboration, 6079, a pioneer in trustless artificial intelligence (AI) services, joins forces with Morpheus, the open-source smart agent network. The partnership aims to revolutionize the landscape of independent AI, heralding a new era of decentralized innovation.—Morpheus, a decentralized AI network driven by over 200 open-source contributors, has achieved a remarkable milestone with over $350 million in Total Value Locked (TVL). This achievement underscores the community’s dedication and commitment to fostering a fair and inclusive ecosystem. Utilizing its innovative Capital Contract, Morpheus has garnered widespread attention and support, with over 5,000 individuals contributing to its success…
Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian. This initiative tests asset tokenization applications in a regulated environment, focusing on the viability and potential integration within the financial markets. Participation in Project Guardian will also involve Memento Blockchain and Interop Labs. The former, a specialist in decentralized finance and hyper-chain zero-knowledge, previously partnered with Deutsche Bank on the DAMA 1 proof-of-concept in 2023. This ongoing collaboration is set to yield DAMA 2, promising further advancements in blockchain technology. Interop Labs, known for developing the Axelar network—the Web3 interoperability…