Author: NBTC
According to reports, OKX conducted the 23rd OKB repurchase and burning on March 16. The renowned cryptocurrency exchange burned approximately 11.48 million OKB, equivalent to about $744 million, again setting a new high. OKX conducted the 23rd OKB repurchase and burning on March 16. The number of OKB was approximately 11.48 million, equivalent to approximately $744 million, once again setting a new high. OKX previously stated that it would be burned based on market and operational performance,… — Wu Blockchain (@WuBlockchain) March 16, 2024 It is essential to note that OKX previously stated it would burn OKB based on market…
A whopping 12 million active users can use $FLOKI to pay merchants within the Binance app’s marketplace for services like booking flights, booking hotels, buying gift cards, and mobile top-ups. It is exciting to know that $FLOKI can be used to buy luxury cars at the LG Group in France, buy properties at Bin Faqeeh Bahrain, book hotels or flights at Travala, shop at e-commerce retailer Farfetch and leading French department stores, make payments at up to 5000 POS terminals in Bahrain, paying in supermarkets apart from paying at pharmacies. Making instant, secure, and borderless payments has become a reality…
Bitcoin miners earned over $2 billion in March, reaching a new all-time high. According to The Block analytics, the previous all-time high was reached in May 2021, when miners’ total income amounted to $1.7 billion. Miners’ earnings consist of rewards for mined blocks and transaction fees on the Bitcoin network. Of the total revenue in March, $85.8 million came from transaction fees, a record monthly figure. Source: The Block You might also like: What will happen after the Bitcoin halving? Experts weigh in on historic moment The leader was the mining pool Foundry USA, which mined 1,312 blocks, 29.74% of…
Blockchain: Distributed Database AI: The Cognitive Engine that Empowers Machines Blockchain and AI: Use Cases Enhanced Security and Fraud Prevention Decentralized Data Storage Smart Contracts and Automation Possible Benefits of AI and Blockchain Integration Possible Risks of AI and Blockchain Integration Final Thoughts The AI narrative has emerged as one of the top three narratives in the current bull run, and it emphasizes the revolutionary nature of AI. The other two narratives poised to succeed this cycle along with AI include Memecoins and real-world assets (RWA). Adding more to this, GameFi’s union of gaming and decentralized finance is also creating…
TOZ Universe announces its partnership with ALTAVA, which specializes in helping NFT items and metaverse platforms by providing necessary opportunities to enhance the experience of real-world brands by considering its virtual spaces. Through this partnership, different methods to incorporate the AI-driven 3D fashion of ALTAVA can be expanded into the ANIPANG world. Through this, creative innovation in the fashion world can be initiated. This algorithm allows a virtual trial experience for consumers to see their looks carrying new attire. It is made to use computer vision to analyze body shape sizes. Through this, community engagement and collaboration can be promoted…
Bitcoin, the world’s leading cryptocurrency, started the last week of March on a high note, with an increase of approximately 6% and reclaiming the $ 70,000 level. According to CoinMarketCap data, BTC price was last recorded at $70,701, an increase of 7.66%. Another major cryptocurrency, Ethereum, also saw a significant increase, rising 5% to $3,631. The positive trend was not limited to these two, as most other cryptocurrencies also got caught up in the Bitcoin wave. This increase follows a one-week correction for Bitcoin, which hit an all-time high of $73,797.68 on March 14. Alex Thorn, head of firmwide research…
In its latest report, cryptocurrency analysis company Santiment announced the 10 artificial intelligence altcoins that are most focused on by developers in the cryptocurrency world. Artificial intelligence altcoins had risen in line with GPU manufacturer Nvidia’s stock after its shares experienced a very impressive rally in the US stock markets. Nvidia’s total market capitalization is at $2.20 trillion at the time of writing, which is very close to the total market value of the entire cryptocurrency market at $2.63 trillion. Santiment analysts listed the altcoins that software developers focused on the most in the last 30 days as follows: NEAR…
KuCoin has announced a $10 million token airdrop. This decision comes following charges by the US Department of Justice (DOJ) against the crypto exchange for alleged anti-money laundering (AML) violations. The indictment has caused a stir in the crypto community, leading to over $1 billion in withdrawals from the platform. KuCoin is now striving to mend its reputation and restore confidence among its clientele through token airdrops. KuCoin Details $10 Million Token Airdrop The recent challenges began last week when the DOJ accused KuCoin and its founders, Chun Gan and Ke Tang, of operating a multibillion-dollar criminal conspiracy. The charges…
Avail, a modular blockchain focused on unifying Web3 and optimizing data availability for scalable applications, has partnered with dWallet Network to introduce programmable native Bitcoin to rollups in the Avail ecosystem. Polygon co-founder Anurag Arjun spun off Avail from Polygon in 2023 into a separate entity. Avail was initiated within Polygon Labs in late 2020 and publicly introduced in mid-2021. It has plans to launch its mainnet later in 2024. Leveraging dWallet’s decentralized multiparty computation (MPC) infrastructure, smart contracts using rollups built on Avail DA will be able to manage native BTC while preserving user ownership programmatically. This approach marks…
How close is the current “Bitcoin cycle” to its bull market peak? History suggests it could be closer than most think. Lead Glassnode analyst James Check showcased a chart on Monday comparing Bitcoin (BTC)’s price action over the last three years to that of other Bitcoin epochs after touching their respective all-time highs. The Bitcoin Cycle Top, According To Glassnode By Check’s measure, Bitcoin is effectively in the same position it was back in December 2020. At the time, the asset had just cracked its all-time high above $19,600 originally registered on December 12, 2017 – a 36-month wait –…