Author: NBTC
VeChainThor blockchain has achieved a significant milestone with over 3,000,000 unique VET wallets created, reflecting a 50% surge within just one year. VeChain hints at upcoming developments, including the launch of VeWorld, a dynamic new wallet offering enhanced functionalities. The VeChainThor blockchain development has reached a significant milestone by reaching all-time high (ATH) levels of activity on the chain. Specifically, the platform has witnessed the creation of over 3,000,000 unique VET wallets, marking a pivotal moment in its growth trajectory. This noteworthy accomplishment demonstrates a remarkable surge of 50% within a span of just one year and one month. It…
Internet Computer (ICP) CEO and Chief Scientist Dominic WILLIAMS took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation. According to Williams, ICP introduced the first blockchain-based artificial intelligence smart contract. He described the new product as “a demonstration of AI running *on* blockchain as a smart contract.” The Internet Computer AI is part of the protocol’s mission to develop a system where large language models (LLMs) run as smart contracts on ICPs. Additionally, the mission is expected to be tamper-proof, unstoppable and, if necessary, autonomous. Cognition Labs’ Devin is almost similar to…
With the SEC moving to classify Ethereum as a security, the big question is whether XRP would be able to overtake ETH’s market cap. The crypto community has been engulfed in a series of debates following reports that the United States Securities and Exchange Commission is considering classifying Ethereum (ETH), the second-largest cryptocurrency by market cap, as a security. SEC Moves to Classify ETH as a Security Popular media outlet Fortune reported yesterday that the SEC is pursuing a legal campaign that could help classify ETH as a security. Citing sources familiar with the matter, Fortune disclosed that the securities…
Terra Classic (LUNC), Terra USD (USTC) and Terra (LUNA) prices experienced a slight increase with the recent news. The rises came after Vijesti, a local newspaper based in Montenegro, claimed that the sentence of Do Kwon, the founder of the altcoins in question, would be commuted to house arrest and Kwon would be released. The Terra (LUNA) ecosystem experienced a collapse in May 2022 and deleted approximately $40 billion worth of assets from the cryptocurrency market. A significant portion of the cryptocurrency world thinks that Do Kwon is a scammer running a Ponzi scheme. Kwon printed billions of additional LUNA…
The rapid ascent of Base in the crypto ecosystem is turning heads. In just one month, its total value locked (TVL) nearly doubled. This growth spurt is causing headaches for the crypto behemoth Coinbase. Can Base Network Challenge Solana? Particularly after Ethereum’s Dencun upgrade transaction efficiency on layer-2 solutions like Arbitrum, Optimism, and Base got enhanced. Hence, the users flocked to these layer-2 platforms. Base’s meteoric rise has been impressive, with a record total value locked (TVL) of $794 million. This represents a 19.62% weekly increase, surpassing Solana’s 10.54% growth. However, Base still trails behind Solana’s massive $4 billion TVL…
Bitcoin (BTC) has commenced March on a high note, establishing its price above the $60,000 support zone and achieving the highest monthly close since October 2021, moments before it reached an all-time high. Indeed, the current positive momentum is supported by several bullish elements, including the upcoming halving and the ongoing performance of exchange-traded funds (ETF). In line with this, a significant market consensus suggests that the rally will likely continue its upward trend. Commenting on what to expect from Bitcoin, crypto trading expert Trading Shot, in a TradingView post on March 2, highlighted that, based on technical indicators and…
Ethereum Classic’s robust technology and loyal community support forecast its surge past $200 by 2025. Market volatility positions ETC as a potential investment gem, with predictions of exceeding $120 by 2024. ETC’s strategic advancements in blockchain security and functionality hint at a stable growth trajectory towards $200.76. Ethereum Classic (ETC) emerges as a beacon of resilience and potential, with expert analyses predicting a significant rise in its value. As we move towards 2024, the anticipation builds around ETC’s potential to not only reach but exceed the $89.37 mark, setting the stage for an unprecedented surge to $120.55 by year-end. This…
The well-known stablecoin issuer Circle has recently announced a significant development. As per the company, it is broadening support for its native USDC stablecoin on the Polygon PoS Amoy testnet while aiming at facilitating the developers. As a result of this development, the developers working with the services and protocols of USDC will get substantial assistance. 1/ We’re expanding support for $USDC on @0xPolygon PoS Amoy testnet to better serve developers building with @Circle’s stablecoin protocols and platform services.See our planned rollout for March 27 – April 30, 2024 👇https://t.co/wAJvGKyNYx — Circle Developers (@BuildOnCircle) March 22, 2024 Circle to Increase…
Wifi Dabba, a decentralized internet service provider, recently announced plans to expand internet connectivity in India by distributing over 100,000 devices across the country. These devices, hosted on the Solana blockchain, are part of the DePIN project, which aims to connect the unconnected by the end of the year. Only 30 million individuals in India, a country of more than 1.4 billion, have access to WiFi, while a large portion of the population remains detached from the internet. The company’s strategy focuses on decentralization to combat the limited reach of India’s major telecom corporations, which primarily serve urban areas. Karam…
Macro investor and fund manager Dan Tapiero says he’s analyzing the historical accuracy of a predictive model that suggests Bitcoin (BTC) will reach $900,000 this cycle. The CEO of investment firm 10T Holdings tells his 113,000 followers on the social media platform X that on-chain analyst PlanB’s stock-to-flow (S2F) model seems to be a reliable price gauge for Bitcoin. S2F aims to forecast the longer-term market cycles based on BTC’s halvings when miners’ rewards are cut in half. Says Tapiero, “Seems impossible, but the vertical spikes up in the S2F model in 2013, 2016, 2020 were all confirmed by price…