Author: NBTC
In 2020, Akon, the bestselling Grammy-nominated musician, made a bold and ultimately absurd claim that he was going to build a Wakanda-style city in Senegal. The mockups were glorious: slim, shiny, curved skyscrapers, new museums, and forested boulevards, all in the heart of a country where 36% of people live below the poverty line. Part of the scheme relied on ‘Akoin’ – a cryptocurrency created in 2018 and boasting the slogan “One Africa. One Koin.” The crypto, along with the city, was intended to unite Africa behind a greater vision and an accessible, digitized economy. However, these dreams of a…
In a recent exchange on social media, Justin Bons, a prominent figure in the cryptocurrency industry, addressed criticisms of the Solana blockchain, urging a more nuanced understanding of the platform’s evolution. Bons acknowledged historical critiques of Solana (SOL) but emphasized the need to recognize the platform’s advancements and current capabilities. He encouraged critics to update their perspectives, noting that Solana has undergone significant development since its inception in 2020 and what may be called a renaissance in 2023. Responding to concerns raised by another participant in the discussion, Bons clarified that he does not advocate ignoring Solana’s flaws. Instead, he…
Peter Schiff, a notable critic of cryptocurrencies, has called out CNBC for its intense focus on Bitcoin and the newly launched Bitcoin ETFs, at the expense of covering significant movements in the gold market. According to Schiff, CNBC’s coverage overlooked a noteworthy $43 increase in gold prices and the record-high price of the gold ETF, GLD. This, Schiff argues, is indicative of a broader issue within mainstream financial reporting. Gold’s recent rally Gold prices surged to a two-month high, climbing nearly 1.5% as U.S. factory data underwhelmed and consumer sentiment dipped, fuelling speculation of impending interest rate cuts by the…
Award-winning musician Akon recently pleaded with his fans on a video-sharing website not to request him to record crypto-related messages. However, in a post on the website, the music producer did not share reasons for his newfound disinterest in cryptocurrencies. Singer Unwilling to Endorse Crypto A few years after promoting the futuristic, Wakanda-style city in Senegal, award-winning musician Akon recently pleaded with his fans not to request him to record crypto-related messages. In the plea, shared via Cameo — a platform where celebrities share personalized videos for a fee — the singer did not offer reasons for his apparent disinterest…
The Shiba Inu team lead, known by the pseudonym Shytoshi Kusama, seems to be continuing with his travels around the globe. The SHIB community keeps watching his location tags changing on X/Twitter. The most recent one has raised a heated and rather humorous discussion among members of the SHIB community. Here’s where the mysterious Shytoshi Kusama has been spotted this time around. Kusama heads for the Maldives, here’s potential reason Japanese SHIB army member @kuro_9696_9696 has tweeted to spread the word about Shytoshi Kusama’s new location – the Maldives. On March 19, he was spotted in New York City thanks…
SubQuery, a prominent data indexer in the blockchain space, has recently announced its support for Soroban. It is the smart contract network built on Stellar’s mainnet. This integration marks a significant milestone for developers and participants within the Stellar ecosystem. Moreover, it opens up new avenues for accessing and utilizing on-chain data stored on Soroban. Last week, SubQuery announced its support for Iotex. 🎉 SubQuery support for the Stellar mainnet Soroban is LIVE! Check out our example projects and fresh docs to dive into mainnet examples. Huge congrats on the launch, @StellarOrg! 🚀 Read here 👇 https://t.co/wCueWFWcpV pic.twitter.com/1NgH95WfRe — SubQuery…
Bitcoin is approaching its all-time high, a development highly anticipated by market watchers. Experts attribute this increase to the approval of Bitcoin ETFs by regulators earlier this year. The person at the center of this development is none other than US Securities and Exchange Commission (SEC) Chairman Gary Gensler. Gensler approved the highly anticipated 11-spot Bitcoin ETF in January, which has sent the Bitcoin price soaring ever since. Bloomberg Intelligence analyst Eric Balchunas expressed his admiration for Gensler’s success and said, “Gensler should be really proud. This is a great achievement.” According to Balchunas, ETFs have provided a safe and…
The Internet Computer Protocol (ICP) appears to be ushering in a new era of decentralized cloud computing innovation, as evidenced by the vibrant ecosystem of developers and projects showcased in the recent CryptoSlate Twitter Space. Hosted by CryptoSlate’s Akiba, the space featured insightful dialogue with key figures from the ICP community, including Isaac from the ICP Code & State team, Max from Bitfinity, Kyle from The Swop, and Darren, an ICP content creator. Listen back to the recording on X. As Isaac explained in the space, ICP is a decentralized cloud at its core, bridging the gap between Web2 and…
Coreum, a renowned blockchain technology company, recently announced its complete roadmap for enterprise blockchain solutions. This strategic initiative aims to revolutionize how businesses use blockchain technology by providing customized solutions that suit the specific needs and issues that firms confront. Coreum’s innovative approach, with a strong emphasis on security, scalability, and interoperability, positions it as a leader in developing blockchain-powered business solutions for global corporations. The initiative intends to increase efficiency, stimulate creativity, and open up new chances for growth for organizations looking to harness the power of blockchain technology. A blueprint for enterprise blockchain solutions, devised by Coreum, is…
Cryptocurrency analyst and trader Kevin Svenson is forecasting the path forward for Bitcoin (BTC) after a week of double-digit gains. Svenson tells his 72,800 YouTube subscribers that if Bitcoin maintains the current upward momentum, the flagship crypto asset could hit “new all-time highs before the halving even takes place”. The crypto analyst and trader, however, says that Bitcoin could face downside risks after the halving scheduled for April. “Once the having does take place that’s when you could see a major sell-the-news event, a fake-out, back below the all-time high, turn the market and then open up a sea of…