Author: NBTC

The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report. According to this report, SHIB greatly outpaced not only DOGE and ADA, but such giants as Bitcoin and Ethereum in terms of weekly gains. Grayscale features SHIB as top winner This report published by Grayscale in a recent tweet was shared by Lucie on her X page. She commented, saying “SHIB leading the pack” and added that this is “NOT EVEN THE…

Today, enjoy the 0xResearch newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the 0xResearch newsletter. Using “Trusted Execution Environments” for MEV If you lose your iPhone today, you may be worried that a hacker would access your sensitive facial and fingerprint biometric information for their gain. But that is not possible, largely thanks to what is commonly known as a secure enclave. It’s a kind of chip where applications process sensitive information separately from the phone’s main processor and operating system, such that it would afford data protection from a potential attacker (or even…

Despite a 2% fall in the past day, Bitcoin (BTC) has been under the spotlight again as experts signal the potential for a new all-time high. Notably, Moustache, a renowned analyst on X, shared a detailed breakdown of Bitcoin’s monthly chart, identifying key buy signals that have historically led to price surges. According to the analyst, there have only been three instances in the last eight years where a buy signal appeared. Each signal, he noted, preceded a new all-time high. #Bitcoin In the last 8 years there were only 3 times a buy signal in the monthly chart for…

DeFi’s infrastructure needs to evolve significantly if it intends to compete with traditional financial systems and drive mass adoption. Despite the promise of decentralized finance, current platforms fall short in areas like liquidity, speed and cross-chain compatibility. Without addressing these critical shortcomings, DeFi will struggle to gain the trust and adoption needed to rival TradFi. To truly bring DeFi into the mainstream, we must develop frameworks that are as secure, scalable and efficient as their TradFi counterparts. Global financial infrastructures like Swift and other core systems were the backbone of the digital finance boom in TradFi. They enabled seamless cross-border…

Grayscale and Robinhood acknowledge Shiba Inu’s (SHIB) impressive performance in the past week, as SHIB ranks as the best performing asset in their respective top gainers’ lists. Leading dog-themed cryptocurrency Shiba Inu witnessed a remarkable performance over the past week, as its price hit a three-month high of $0.00002156. Interestingly, Shiba Inu surged from a weekly low of $0.00001417, registered on September 21, to a seven-day high of $0.00002156 today. This growth rate represents a surge of 52.15% in one week. Notably, two prominent crypto entities, Grayscale and Robinhood, put Shiba Inu’s tremendous surge in the spotlight during their respective…

A report published by EMURGO Africa and PwC revealed that Web3 technologies are being adopted more widely in Africa. A separate report by EMURGO Africa emphasized that Big Tech companies actively contributed to the widespread adoption of Web3 technologies throughout the continent. KASI Insight reported that over 66% of surveyed African consumers had heard of crypto, with only about 18% of the respondents claiming to have heard about crypto for the first time during the survey. Africa’s global blockchain deal share increased from 1.2% to 1.3% in 2023 and then increased to an all-time high of 1.8% in the first…

Bitcoin’s (BTC) ongoing struggle to break past the $60,000 mark hasn’t triggered a sell-off among holders. Instead, many are holding onto their assets, as shown by the decline in exchange activity. The number of daily addresses sending BTC to exchanges has hit a multi-year low, a trend that coincides with the market’s anticipation of the Federal Reserve’s decision at its September 18 meeting. Bitcoin Traders Hold Onto Their Coins On-chain data shows a decline in BTC’s Exchange Depositing Addresses, which track the number of addresses sending inflow transactions from the Bitcoin network to crypto exchanges. This metric has been trending…

World Liberty Financial, the cryptocurrency project backed by Donald Trump and his sons, appears to have launched, though the website has struggled under the initial load, repeatedly going offline. Blockchain data suggests that the token currently has over 2,900 holders, and 0x5be9a4959308A0D0c7bC0870E319314d8D957dBB, an address that seems to be a multisignature wallet for this project, holds approximately $3.7 million in ether, $1.2 million in tether, and $240,000 worth of USDC. It was previously reported that over 100,000 investors had provided the documents required to be placed on the whitelist ahead of the token’s launch. However, the launch has not all been…

Fintech heavyweights Robinhood, a U.S. investing app, and Revolut, a crypto-friendly neobank based in London, are considering launching their own stablecoins, unnamed sources told Bloomberg this week. The giants are eyeing the stablecoin market at a time when Tether (USDT), with its $119 billion market capitalization, accounts for roughly 68% of the $173.5 billion category. With Europe offering clearer regulatory frameworks, the fintech giants could bring a new wave of competition. However, the question remains: Can they break through Tether’s dominance, or will they struggle like other giants before them? Although neither company has officially confirmed their plans, both companies…

Argentina, facing hyperinflation and currency devaluation, has embraced smart contracts. Local reports confirm that authorities have declared the first Cardano-based smart contract legally binding, marking a significant milestone for digital assets. The smart contract is a four-month agreement between two Cardano ambassadors in Argentina, Mauro Andreoli and Lucas Macchia. It involves a 10,000 ADA loan (approximately $3,430) to be repaid with 10% interest. Andreoli confirmed in a post on X (formerly Twitter) that legal action can be taken if either party breaches the contract. “Any breach can be enforced in court for the performance of the obligation in ADA,” he…