Author: NBTC

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…

BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement shared with Bitcoin.com News, BOB Stake allows users to participate in bitcoin staking with just a single transaction. By working alongside various staking providers, wallets, and aggregators, BOB seeks to simplify the staking process and enhance the overall user experience. The system is compatible with…

The Fast Finality (F3) upgrade reduces Filecoin’s finalization time from 7.5 hours to just minutes, revolutionizing efficiency. F3 integrates the GossiPBFT protocol, enhancing Filecoin’s speed, security, and responsiveness for a broader range of applications. The Fast Finality (F3) improvement in Filecoin is generating headlines as a game-changing change that significantly speeds up the network’s transaction finalization process. The finalization process, which formerly took approximately 7.5 hours, has now been shortened to mere minutes. This substantial improvement is about more than simply speed; it is about improving the overall user experience and opening up new possibilities for Filecoin-based applications, smart contracts,…

In blockchain and decentralized finance, building a strong chain-of-evidence is essential during the development process. This structured approach can accelerate implementation and reduce the risk of bugs that could harm projects, according to Cardano founder Charles Hoskinson. A clear example of this is the success with Peras, where the chain of evidence helped avoid critical issues like those seen in Solana. By carefully moving from research to analytics, developers can create a secure foundation for their blockchain projects while maintaining rapid iteration. The chain of evidence has to be built from the paper. That’s what we did with peras. It…

Almost 5 months have passed since Bitcoin completed its fourth halving in history in April, and now highly bullish predictions about the future price of the cryptocurrency are starting to spread. Historically, Bitcoin performs very well in the last quarter of the halving years, with historical performances that bode well for the next 3 months. Another bullish indicator for the price of the cryptocurrency concerns the trend of the miners’ revenue, currently at the lowest point in the last 4 years. Are you ready to see Bitcoin traded at 100,000 dollars? Analysis of the historical performance of Bitcoin: focus on…

Shiba Inu’s Layer-2 blockchain Shibarium records another incredible milestone as the network’s Total Value Locked (TVL) hits a new all-time high (ATH) record. Shiba Inu’s marketing lead, Lucie, highlighted the development in an X post yesterday. According to the marketing specialist, Shibarum’s TVL has reached a new all-time high of $7.03 million. She emphasized that the L2 blockchain’s TVL is constantly hitting new all-time highs on a daily basis. The feat indicates that investors are committing significant funds to Shibarium-based decentralized finance applications (dApps). This reflects growing confidence and activity within the L2 network. Shibarium TVL has surged to $7.03M…

AILayer, a prominent blockchain technology company, has announced a strategic partnership with XStar, a platform dedicated to verifying human identities and preventing AI-generated duplications. This collaboration is a significant development in the Web3 ecosystem, aimed at enhancing security, trust, and the overall integrity of decentralized networks. The partnership combines AILayer’s Layer 2 blockchain technology expertise and XStar’s adaptive Omnichain humanity scoring system. 🤝 #AILayer is thrilled to announce our partnership with @xstar_id!XSTAR is designed to verify real human identities against AI duplications using an adaptive omnichain humanity scoring system integrated into Web3 domains.Together, we will revolutionize the future of #Web3!……

CryptoQuant, a leading cryptocurrency analytics firm, has shared its latest assessment of Bitcoin whale activity, highlighting the contrasting behaviors between new and old investors, miners, and traders. The report shows that despite Bitcoin’s price dropping to $58,000, whales and other notable holders remain confident in the asset’s long-term prospects. The analysis compares the underlying costs of different Bitcoin holders to the current price of $58,000: New Whales (holding BTC for less than 155 days): With their underlying cost of $62,038, these investors are currently down 6.53%. However, despite this decline, new whales continue to accumulate Bitcoin, demonstrating their long-term belief…

XRP Ledger (XRPL) is undergoing many advancements. In the latest update, the protocol has shipped two major amendments with unique fixes and is expecting the launch of Ripple stablecoin RLUSD. New XRP Ledger updates As the dominant XRPL explorer XRPScan noted, the protocol has enabled “fixPreviousTxnID” and “fixEmptyDID” on the mainnet. The fixPreviousTxnID amendment will directly address the updates of a ledger for transaction modifications. This is vital to properly construe the addition of changes in a dynamic AMM and Ledger dApp. This amendment bagged 28/35 consensus votes with a consensus reading of 88.57%. Amendments fixPreviousTxnID and fixEmptyDID are now…

Metis, a superfluid self-sustainable blockchain, has integrated Chainlink’s Cross-chain Interoperability Protocol (CCIP). This integration will unlock new opportunities for cross-chain innovation. This integration was announced through a post on Metis’ X account, formerly known as Twitter. Our integration of @chainlink’s Cross-chain Interoperability Protocol (CCIP) opens new horizons for cross-chain innovation on Metis🌿CCIP’s robust security architecture features:🔵 3 separate oracle networks🔵 Configurable Risk Management Network🔵 Client diversityEnables:… pic.twitter.com/TX1fkUPs63 — Metis🌿 (@MetisL2) October 15, 2024 Chainlink CCIP Boosts Blockchain Security with Advanced Architecture The security architecture of Chainlink’s CCIP consists of key components that focus on secure interconnection between different chains. Such…