Author: NBTC

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission. There is no such thing as a boring day in the non-fungible token (NFT) world. In today’s NFT news selection, read about South Korean Starbucks launching a first-of-its-kind NFT collection, the Epic Games Store releasing the Nyan Heroes game, and Pudgy Penguins jumping straight into the top five collections of the day. Learn more below. Starbucks Korea Reveals…

Ethereum core developer Eric Conner says the network’s mainnet in the long term will not serve as the platform where daily users would want to transact tokens. In a recent thread on X, Eric Conner, an Ethereum core developer, discussed the future trajectory of Ethereum’s mainnet, shedding light on its role in the ecosystem and addressing concerns about transactional costs. Conner emphasized Ethereum’s prioritization of “liveness,” highlighting its critical importance in facilitating transactions without outages as a key to building trust within the ecosystem. “But the fees are too high”Ethereum L1 in the long term isn’t where daily users will…

Crypto financial services company BitGo has bought a firm focused on investment infrastructure for alternative assets as part of a bid toward advancing a so-far stalled tokenization space. Brassica, the company to be acquired, offers back-end infrastructure services for private securities and alternative investments, including multi-asset custody, record-keeping and transfer agent services. While most traditional finance players have a crypto- or blockchain-related proof-of-concept in the works, the worlds of digital assets and traditional finance currently have “almost no overlap,” argued BitGo CEO Mike Belshe. The firm’s latest deal seeks to digitize the alternative asset industry by offering unique support of…

Uniswap Foundation revealed in a tweet on Thursday that the much anticipated Uniswap v4 will likely launch in Q3 of this year. The draft code for Uniswap v4 was first revealed in June last year, and introduced the concept of “hooks.” Hooks address the rigidity of traditional smart contracts by allowing developers to inject custom logic at specific points, enabling dynamic adjustments and diverse use cases. For users, this means potentially lower fees, better strategies for managing their assets and access to cool new features like instant swaps. Read More: What has Uniswap Labs cooked up for v4? Following Ethereum’s…

The leading cryptocurrency Bitcoin has experienced a tremendous rise in recent days, overcoming the correction it experienced after the spot ETF approval. While ETF inflows were considered to have a significant impact on this rally, investors began to wait for the halving and FED interest rate cut, which could positively affect the price after ETFs. At this point, evaluating BTC’s last rally, Bitfinex Derivatives President Jag Kooner said that Bitcoin was experiencing a rally before the halving. Speaking to The Block, Jag Kooner pointed out that historically, Bitcoin started its rise approximately 8 weeks before the halving. Stating that the…

BlockGuard and Pixelette form a strategic DeFi partnership. Asif Ashiq Rana, Pixelette’s CEO, joins BlockGuard as an advisor, bringing expertise in blockchain and AI. The collaboration focuses on BlockGuard’s vision for transparent, efficient, and accessible Web3 risk management. Web3 platform BlockGuard has inked an equity partnership with Pixelette Technologies, a leading London-based blockchain and IT firm. The collaboration not only marks a significant step for BlockGuard but also brings aboard Asif Ashiq Rana, Pixelette’s CEO and a key figure advising the British government on blockchain and AI matters, as an advisor. Pixelette Technologies’s 5% equity stake in BlockGuard As part…

Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based transactions on Saturday. Additionally, from the inception of the first inscription in December 2022, bitcoin miners have amassed $246 million worth of bitcoin, capitalizing on this growing trend. Miners Net $246 Million From 55 Million Inscriptions From Dec. 28, 2023, to Jan. 12, 2024, the pace of daily Ordinal inscriptions on the Bitcoin blockchain moderately decelerated. However, a surge occurred on Saturday, Jan. 13, marking a record-breaking…

Ethereum (ETH) has consistently grown in adoption, usage, and value over the years. It is the second-largest cryptocurrency by market cap and the leading Web3 and DeFi blockchain. Interestingly, the number of unique addresses in the network is an insightful metric to look at and evidence this growth. For that, Finbold retrieved data from Etherscan on February 7, which shows nearly 257.60 million current unique addresses. In particular, users created nearly 3.54 million new addresses in 2024, from 254.07 million registered on January 1. On average, 2024’s daily increase of Ethereum unique addresses was 95,570, adding 96,145 on February 6…

Venture capital (VC) funds injected $460 million into cryptocurrency startups in January, marking a 13% increase from December’s investments, data from DefiLlama points out. The bulk of the investments, totaling $311 million, targeted startups focused on developing infrastructure for the crypto market. Notably, HashKey secured a $100 million investment from OKX Ventures, intending to use the funds to develop a centralized crypto trading platform. Sygnum also received significant funding, with a $40 million investment aimed at establishing a crypto bank, highlighting the growing interest in infrastructure within the crypto space. Decentralized finance (DeFi) startups were the next major beneficiaries, attracting…

The Ronin Network team has provided an update revealing the blockchain platform’s developer firm Sky Mavis will reduce the total amount of rewards offered to liquidity providers (LPs) on its decentralized exchange platform Katana. In their 2024 Q1 Katana Liquidity Mining Program update, the Ronin team said the adjustment to liquidity rewards available to the community begins a “new era” for RON. The announcement referenced the recent listing of the Ronin (RON) token on the Binance exchange as a factor that has increased visibility and accessibility of Ronin’s native token to millions of users across the world. An increase in…