Author: NBTC

Hoskinson uses a lawsuit to highlight Trump’s favorable crypto policies over Harris, suggesting he could influence future SEC decisions. The crypto community favors Trump for his pro-crypto stance, as shown by betting odds and market support, expecting beneficial regulatory changes. Cardano founder Charles Hoskinson has leveraged a lawsuit against the U.S. Securities and Exchange Commission (SEC) to highlight his support for Donald Trump over Kamala Harris in the upcoming U.S. election, due to Hoskinson’s bold attitudes towards the SEC’s decision to appeal the Ripple ruling. As CNF recently highlighted, Hoskinson suggested a potential shift in legal frameworks governing cryptocurrencies with…

The world’s largest cryptocurrency exchange Binance has announced that it will list the highly anticipated token Binance Staked SOL (BNSOL). “Binance will list BNSOL and open trading for BNSOL/SOL at 10/102024 08:00 UTC.” Stating that there are 3 ways to buy BNSOL, Binance listed them as follows: “[Kazan] > [ SOL Staking ] öğesine gidin ve [SOL Stake] öğesine tıklayın. Deposit SOL to BNSOL in Binance Web3 Wallet. Deposit BNSOL to your Binance account. Binance also announced a promotional offer for users who stake SOL. Accordingly, Binance said, “Stake SOL to receive BNSOL and enjoy up to 10% increased APR.…

Bitmain stormed the Bitcoin mining industry after launching new and more efficient mining machines for Bitcoin miners. The company announced the S21+ Hyd. and the S21+ mining machines during the Bitcoin Amsterdam Summit held in the Netherlands. Chinese processing hardware manufacturer Bitmain launched the S21+ Hyd. and the S21+ mining machines. The S21+ Hyd. has an energy efficiency ratio of 15.0J/T and a single-machine computing power of 319T. This means the machine can generate 1T of computing power for every 15 joules. Bitmain promises miners high mining efficiency The S21+ has an energy efficiency ratio of 16.5J/T and a single-machine…

The Readyverse—a metaverse gaming world inspired by author Ernest Cline’s “Ready Player One” book and film, and other properties—is getting an injection of generative AI. Unveiled today at the Permissionless III conference in Salt Lake City, The Readyverse’s new AI model named Promptopia lets users generate new 3D objects in the game and in real-time using text prompts. According to Readyverse Studios co-founder Aaron McDonald, the aim of Promptopia is to democratize game creation by enabling anyone to become a creator, regardless of technical skills. You can simply type whatever you want to make it appear in the game world.…

Fidelity has been quietly accumulating Bitcoin over the past week, purchasing more than 5,000 BTC, according to data from Arkham Intelligence. This strategic acquisition brings the Fidelity exchange-traded fund (FBTC)’s total Bitcoin holdings to over 176,000 BTC. Fidelity has been buying Bitcoin non-stop for the past 2 weeks. What about you? pic.twitter.com/ho2dMyDkzJ — Arkham (@ArkhamIntel) September 20, 2024 Based on data from the Bitbo Treasuries Tracker, these holdings are valued at approximately $11 billion at current market prices. With Bitcoin trading around $62,600, Fidelity now controls nearly 1% of the total Bitcoin in circulation, solidifying its position as a major…

In the 1980s, artist Susan Kare put a human face on the Apple Macintosh, designing the icons and typefaces that revolutionized how we interact with computers. Now she’s once again bridging the digital and physical worlds with a new collection of artwork, Esc Keys, launching at London’s Asprey Studio as part of Frieze London. Esc Keys. Image: Susan Kare/Asprey Studio “I was a typical art kid who liked to paint and all kinds of crafts, and never imagined I would want to work for a Fortune 500 manufacturing company,” Kare said at Tuesday’s launch event for Esc Keys. After studying…

The new Ethereum improvement proposal, officially EIP-7781, would increase throughput by 50%. The submission from Illyriad Games co-founder Ben Adams follows earlier proposals by Ethereum co-founder Vitalik Buterin and others for improving the blockchain’s overall processing capacity. Ethereum has faced growing criticism that it has failed to scale the main blockchain, since it has mainly pushed in recent years to enable the proliferation of affiliated layer-2 networks that are optimized for higher transaction execution. Drawbacks include the possibility that validators might need additional resources to support the higher throughput. A new upgrade proposal for Ethereum could improve network throughput by…

Binance Research has revealed that the sector of RWA (Real World Assets) tokens on blockchain is experiencing real growth. The market has surpassed 12 billion dollars. Binance Research and the rapid growth of the RWA token market Binance Research: the growth of the RWA token market and the crucial role of institutions The latest news on the Real World Asset sector Binance Research and the rapid growth of the RWA token market The report by Binance Research highlighted a rapid growth in the Real World Assets sector on blockchain. In fact, at the moment, the on-chain market of RWA tokens…

EigenLayer his been hit by criticism after it was revealed that staking rewards received by early investors are not restricted by token lock-ups. The situation echoes Celestia’s token launch, which was followed by a 75% plunge as investors could sell staking rewards. The EIGEN token initially rose to $4.39 and has since slumped by more than 20% to $3.57. In some ways, the release of EigenLayer’s native EIGEN token this week went as expected. The price surged moments after it was listed on exchanges, leading to a price discovery period culminating in a 22% slide from its momentary record high.…

The SEC is appealing the recent court ruling in the Ripple case, even though it lacks strong evidence to support its claims. The agency is struggling to prove that XRP buyers expected profits based on Ripple’s efforts. Judge Torres ruled that Ripple’s actions, including the sale of XRP held in escrow, did not influence price movements enough to establish investor expectations of profit. The SEC’s case now depends on convincing the appeals court that these programmatic buyers wanted returns based on Ripple’s operations. The SEC wants to argue this point even though the court rejected their own expert testimony on…