Author: NBTC
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 –…
Xahau, the innovative XRP Ledger sidechain project, has unveiled a groundbreaking new feature with its latest major release, signaling a significant step forward in the evolution of its infrastructure. The Xahau network’s mainnet version was launched in October 2023 and has since been upgraded with new features. The most recent release, Xahaud 2024.3.12-release+790, ships XLS-55d, “Remit: Atomic Multi-Asset Payments for XRPL Protocol Chains.” Xahau(d) build 790 has been released shipping XLS-55 “Remit”.Read more about the release here:https://t.co/0NmCCCjRL4More about the amendment by @RichardXRPL here:https://t.co/87kqHmwMEdOh, and..! And just like we hoped, the innovation & developments on Xahau will feed… pic.twitter.com/2fRSSBgXVk — WietseWind…
Binance quietly updated its site with three new board members on Monday. The board, which is mostly comprised of senior Binance executives, added Gabriel Abed, Xin Wang and Arnaud Ventura to the board as independent members, according to the official website. Abed also serves as the chairman of the board. He founded Bitt and previously served as the Ambassador of Barbados to the United Arab Emirates, according to a bio on the Binance website. Wang is the CEO of publicly-listed Bayview Acquisition Corporation, which is a special purpose acquisition company (SPAC). She’s also a lawyer with licenses to work in…