Author: NBTC

Shytoshi Kusama, the pseudonymous SHIB lead, has taken to his official account on the X social media app (widely famous as Twitter in the past) to deliver a mysterious message to the global Shiba Inu community. Kusama posts bullish anime GIF as SHIB breaks out In line with his general style largely based on the Eastern (Japanese in particular) culture, resembling a bright mixture of Eastern philosophy and anime, Kusama published an anime GIF. In this animated image, the character looks at the screen of his smartphone and smirks. This seems to be showing Kusama’s satisfied and bullish mood as…

Hyve, a pioneer player in the blockchain industry, has announced its data availability solution, HyveDA. This protocol boasts a minimum benchmark of 1 GB/s throughput, outpacing current market standards by an impressive 100 times. Moreover, HyveDA is built on the fundamental principle of “Don’t trust, verify,” aligning with the core values of blockchain technology. Hyve Aiming for Increased Throughput HyveDA is set to expand its capabilities as the network matures, targeting a throughput of over 50 GB/s. This ambitious goal is driven by the growing demand for efficient data availability solutions in the decentralized ecosystem. With its unique design, HyveDA…

Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does. 3-Year Cup And Handle Pattern Could Soon Play Out For Bitcoin In an X (formerly Twitter) post, Jelle stated that it shouldn’t be long before the 3-year cup and handle pattern on Bitcoin’s chart starts playing out. The analyst suggested this could happen as soon as the fourth quarter of this…

India has the potential to facilitate efficient cross-border payments using Central Bank Digital Currency according to the Reserve Bank of India governor Shaktikanta Das. According to a local report, during his keynote address at the conference on Central Banking at Crossroads, Das reaffirmed his support for CBDCs to improve international money transfers, as a part of ongoing efforts to cut the time and cost of overseas remittances. Das highlighted that India is one of the few large economies operating a 24×7 real-time gross settlement system, adding that expanding the RTGS system to settle trades in global currencies such as the…

The Tokenized Asset Coalition adds 21 new members, releasing a report on blockchain and tokenization growth. Ondo Finance leads in the tokenized US Treasury space with innovative products like USDY and OUSG. The Tokenized Asset Coalition (TAC), which advocates for public blockchain adoption, asset tokenization, and institutional DeFi, made significant progress by announcing the addition of 21 new members and releasing its highly anticipated second State of Tokenization report. As a significant participant in this project, Ondo Finance remains at the forefront of redefining the on-chain investment landscape. The Tokenized Asset Coalition (@TACoalition), of which Ondo Finance is a member,…

We should be building cross-chain solutions as if consensus mechanisms are unnecessary — because they are. ​​Blockchain technology has been celebrated for its potential to revolutionize various industries through decentralization, security and transparency. However, as the ecosystem expands, the complexities and costs associated with interoperability between different blockchains have become increasingly apparent. Consensus algorithms are essential for individual blockchain networks, ensuring that all participants agree on the state of the ledger to maintain integrity and security. Yet, when these mechanisms are applied to interoperability solutions like cross-chain bridges, they introduce significant inefficiencies and risks. Implementing consensus in interoperability often leads…

Coinbase denies issuing Bitcoin IOUs to BlackRock, stating all transactions are on-chain and fully auditable. There is no real evidence supporting claims that Coinbase facilitated market manipulation with BlackRock. Rumors have circulated that Coinbase is issuing Bitcoin IOUs to BlackRock, which purportedly allows the financial firm to manipulate the market by borrowing Bitcoin without maintaining a 1:1 reserve. This speculation has raised concerns about potential price manipulation, particularly given the size and importance of Coinbase and BlackRock in the cryptocurrency market. Analyst Tyler Durden, among others, has publicly accused Coinbase of supporting these operations, implying that BlackRock may utilize these…

The Ethereum address myparagon.eth has made a significant profit by selling a large amount of Ethereum ($ETH). A recent report from Lookonchain reveals that the address sold its remaining 4,802 ETH, worth around $12.56 million, just a few hours ago. The sale generated an approximate profit of $2.8 million in 38 days of sale. myparagon.eth sold all the remaining 4,802 $ETH($12.56M) 40 mins ago, making a profit of ~$2.8M in 38 days!He bought 9,050 $ETH($20.75M) at ~$2,293 on Sept 7 and Sept 9.Then he sold all $ETH at ~$2,598 on Sept 30, Oct 2, and Oct 15, making ~$2.8M.https://t.co/XFRkut6fb4 pic.twitter.com/jfBt8h8d0Q…

Bitcoin staking platform Solv Protocol has raised $11 million from Nomura subsidiary Laser Digital, Blockchain Capital and OKX Ventures. Various Bitcoin staking platforms and protocols have emerged in recent years aiming to tap the potential of the hundreds of billions of dollars worth of capital held in BTC by putting it to work on other networks. Bitcoin (BTC) staking platform Solv Protocol has raised $11 million at a $200 million valuation from Nomura subsidiary Laser Digital, Blockchain Capital and OKX Ventures, among others. Solv Protocol’s SolvBTC product has more than 20,000 BTC staked ($1.3 billion) deployed across 10 major blockchain…

Chiliz Group, the group behind the crypto platform of Socios.com and Chiliz Chain (CHZ), is now launching a new project: “Chiliz Sports”. It is an independent division that promotes synergies and business opportunities for brands in the sports and technology sector. Chiliz Sports: the new independent crypto division after Socios.com and CHZ Chiliz Sports: the evolution of SportFi and crypto of Socios.com and CHZ The project of inclusivity Chiliz Sports: the new independent crypto division after Socios.com and CHZ Chiliz Group, the group behind the Socios.com platform and Chiliz Chain (CHZ), has launched a new project: “Chiliz Sports”. In practice,…