Author: NBTC
Chainalysis released a new report today on cryptocurrency trading volume across countries. According to the report, Türkiye’s annual cryptocurrency trading volume has reached $200 billion. At this point, Türkiye has emerged as the largest crypto asset market in the Middle East and North Africa (MENA) region. However, analysis revealed that cryptocurrency transaction volume in Türkiye is of a speculative nature rather than actual usage. “Türkiye’s annual cryptocurrency transaction volume reached $200 billion. This is nearly four times the $53 billion volume of the United Arab Emirates (UAE) and far exceeds the combined transaction volume of neighboring countries such as Egypt,…
thesis that everyday people can supply the storage, bandwidth, and compute that modern apps need, at the edge, via peer‑to‑peer networks. In an exclusive conversation with BeInCrypto, AIOZ Network founder and CEO Erman Tjiputra explains the idea, why it matters for regular users, and how AIOZ Network aims to be the application‑first DePIN stack for AI, streaming, and storage. The project frames itself as community‑powered internet infrastructure for the AI era, unifying distributed storage, AI compute, and media streaming under one network. “Call it what it is,” Tjiputra tells BeInCrypto. “Neighbors helping neighbors run the internet. If you’ve got home…
Ethereum continues to display choppy price action, remaining confined within a critical range as both buyers and sellers await a decisive breakout. Further consolidation is likely before a clear directional move takes shape. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Ethereum’s consolidation phase has extended, with volatility and momentum both fading. Price action remains trapped within a crucial range defined by the 100-day moving average and the flag pattern’s upper boundary near $4.1K. This region represents a key supply zone that has repeatedly rejected upward attempts. On the downside, the flag’s lower boundary, aligning with the…
Shares of TeraWulf (WULF) jumped 22% on Tuesday after the bitcoin mining firm unveiled a new $9.5 billion artificial intelligence (AI) infrastructure joint venture with cloud platform Fluidstack, deepening its push into high-performance computing (HPC). The 25-year lease agreement, representing about $9.5 billion in contracted revenue, will see the two firms build out 168 megawatts (MW) of data center capacity at TeraWulf’s Abernathy, Texas campus. The facility will serve AI workloads, and is expected to go live in the second half of next year. Google (GOOG) is supporting the deal by backing $1.3 billion of Fluidstack’s long-term lease obligations, giving…
Connecticut Senator Chris Murphy has accused crypto exchange Binance of helping facilitate corrupt deals in exchange for a presidential pardon of its billionaire founder Changpeng “CZ” Zhao. “We aren’t dumb. Your company launched Trump’s corrupt crypto coin,” Senator Murphy tweeted Friday. “You greased the wheels of the massively corrupt UAE ‘trade secrets for cash’ deal.” “You basically did whatever crooked thing Trump asked. And then, voila – your billionaire owner gets a pardon! C’mon,” Murphy wrote, directly addressing the crypto exchange. We aren’t dumb. Your company launched Trump’s corrupt crypto coin. You greased the wheels of the massively corrupt UAE…
Jupiter reflected the Solana trading boom, locking in over $46M in revenues for Q3. The platform, mixing a native DEX with aggregation and other services, is one of the most widely used on Solana. Jupiter achieved $46M in revenues for Q3, securing a regular source of inflows without additional external funding. The app has become sustainable, as one of the go-to services for token trading on Solana. It saw 8.4M active wallets for the past quarter, up from 8M for Q2. Jupiter achieved a higher baseline of fees in Q3, underscoring its revenues. Perpetual futures were the biggest factor for…
Table of Contents What Is the x402 Protocol?How Does x402 Work?Why Do AI Agents Need x402?Key Benefits and FeaturesPractical ApplicationsWhat x402 Means for Digital CommerceMajor Participants and IntegrationSecurity and Open StandardsConclusionResources:Frequently Asked Questions The x402 protocol allows AI agents and applications to make autonomous payments directly over the web using stablecoins. It activates a dormant part of the internet’s core architecture — the HTTP 402 “Payment Required” status code — to enable real-time, blockchain-based payments for APIs and web services. In short, x402 lets machines pay other machines as easily as humans click “Buy Now.” It removes friction from digital…
Ethereum co-founder Vitalik Buterin has cautioned that the blockchain’s cryptographic guarantees stop where external trust begins. On October 26, Buterin explained that even a 51% attack cannot validate an invalid block. This means that even if a majority of validators collude or experience a software bug, they cannot seize users’ funds or forge transactions. Buterin Reignites Debate Over a Blockchain Validators This is because each blockchain node independently verifies new blocks and automatically rejects any that break the protocol’s rules. This decentralized verification protects Ethereum from false ledger entries, even under majority control. However, Buterin emphasized that this security guarantee…
Crypto finance platform Matrixport announced in its latest market assessment that investors are currently cautious in the short term, but there has been no significant change in the medium-term market outlook. Matrixport: “Wait-and-See Period in the Short Term, Market Structure Unchanged in the Medium Term” In its report, Matrixport noted that Bitcoin continues to trend sideways within a narrow price range, and that this situation is similar to the low volatility periods observed in the second half of 2024. The company noted that such periods typically result in “sudden directional breakouts following tight price movements.” While US stocks have been…
A federal judge in New York has ruled to postpone the release of assets on crypto wallets worth $63 million in stolen USD Coin (USDC), lending support to efforts by Singapore-based liquidators of collapsed crypto bridge Multichain, who are looking for recognition of their case in the United States. The temporary order was issued on Thursday by Judge David S. Jones of the Southern District of New York, mandating stablecoin issuer Circle to keep assets in three Ethereum wallets frozen and preserve the dollar reserves that back the stolen USDC. The court said the order was necessary to prevent the…