Author: NBTC
Crossmint, a Web3 development platform renowned for collaborating with global brands like Microsoft (MSFT), Etihad Airways, Johnnie Walker, and AC Milan, is teaming up with Astar and Hakuhodo KEY3 to accelerate the adoption of Web3 technologies among Japan’s largest enterprises, as per the information shared with Finbold on March 25. The collaboration relies on Crossmint’s impressive track record and developer tools to integrate seamlessly with the Astar blockchain, which recently launched its zkEVM with over 50 projects already onboarded. With the establishment of Hakuhodo Key3, dedicated to developing and promoting Web3 services for the largest Japanese enterprises on the Astar…
The availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has sharply decreased, with reports suggesting that at one point, only about 40 BTC were available for sale. This news has significant implications for the market and could herald a new era in BTC trading dynamics. OTC Desks Had 40 Bitcoin Available On Wednesday Caitlin Long, the CEO and founder of Custodia Bank, provided an eye-opening account of the current state of the OTC Bitcoin market. Through a series of posts on X (formerly Twitter), Long noted, “The #HODLgang has mostly held…I spent time in NYC over the past couple of…
Following the successful launch of Ethereum Dencun Upgrade, a move that elicited excitement among community members as 15,000 ETH were moved, developers are already on to the next thing amid talks on whether to include MaxEB in Electra. The development team is currently evaluating additional features for inclusion in the upgrade and is expected to make a final determination within the next one to four weeks. Christine Kim, a researcher in the crypto space, in a series of posts on her X page emphasized the significance of parallel initiatives being pursued alongside the Electra upgrade. Two critical initiatives were highlighted.…
Verifiable oracle protocol ORA is launching its on-chain AI oracle (OAO) on Ethereum mainnet. Although the initial launch of OAO is on Ethereum, over the coming weeks the oracle will also be live on Optimism, Base, Polygon and Manta. Implementing machine learning (ML) or AI onto the blockchain gives machine learning computation access to blockchain verifiability, validity, fairness and transparency. Despite the benefits, there have been difficulties with bringing AI on-chain. First, to enable decentralization, multiple nodes must run complicated machine-learning computations. However, this is rather costly and time-consuming. Additionally, Ethereum’s computation environment is specifically designed for EVM smart contracts…
Recent on-chain data shared by the @lookonchain analytics platform on the X/Twitter app describes a smart whale who bought over a billion USD worth of Bitcoin two years ago and is now sitting on a hefty unrealized profit. Meanwhile, the price of the world’s flagship cryptocurrency, BTC, has demonstrated a slight decline of 1.73%, dropping below the quickly taken $62,000 level in the past 24 hours. Whale sits on $900 profit from holding Bitcoin A tweet published by the aforementioned source earlier today says that a smart whale purchased a monstrous $1.39 billion worth of Bitcoin in July 2022, paying…
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on the current state of NFTs, saying the market is “already seeing signs” of their comeback. Lallement, the head of the analytical website focused on NFT-related data, underscored the signs of a digital collectibles’ resurgence, pointing to recent notable sales such as…
On-chain activity indicates a notable reaction to regulatory uncertainties surrounding the second-largest digital asset by market capitalization, Ethereum. A significant spike was registered in the number of tokens sent to centralized crypto exchanges. This is the biggest ever recorded since September 2022, profoundly influencing the price of Ethereum. Ethereum Sees Largest Exchange Inflow in 2 Years Ethereum has faced considerable scrutiny recently. Critics within the cryptocurrency community cite its lackluster price performance and the rise of Solana as evidence of Ethereum’s declining influence. Furthermore, regulatory bodies are purportedly targeting the Ethereum Foundation, questioning ETH’s classification as a security. Indeed, concerns…
Ambient, a decentralized exchange protocol (DEX), has joined the ranks of data providers on the Pyth Network, according to the information shared with Finbold on March 25. The partnership marks a pivotal moment, enabling Blast and Scroll DEX for on-chain assets to furnish real-time price data. With Ambient in its arsenal, the Pyth Price Feeds is now more ready than ever to fortify data integrity and security, enhancing the experience of Web3 developers worldwide. Doug Colkitt, the Founder of Ambient Finance, expresses enthusiasm about the collaboration stating: “We are excited to leverage our market data to support the Pyth Network…
The price of Bitcoin (BTC) has risen and crossed the psychological threshold of $60,000. On March 1, 2024, BTC price faced corrections at $62,000 Long-term forecast for the Bitcoin price: bullish The largest cryptocurrency reached a high of $63,905 on Wednesday, February 28, as Coinidol.com reported before. The cryptocurrency is currently experiencing a minor setback as it falls below the high of $52,500. Bitcoin has formed another range since reaching its last high. The cryptocurrency is trading above the support level of $60,000 but below the high of $52,500. If the bulls break the $52,500 level to the upside, the…
The Metaplex Foundation revealed Monday that it is launching a new non-fungible token (NFT) standard for Solana that is cheaper to mint and easier for developers to work with—and crucially, given recent congestion, it requires substantially less Solana network compute too. The Metaplex Core standard, the Foundation exclusively shared with Decrypt, is billed as a next-generation NFT standard for the Solana network, cutting mint costs and network demand by more than 80% compared to the existing Token Metadata standard on Solana. “Core is a culmination of our learnings since we introduced the first Solana NFT standard back in early 2021,”…