Author: NBTC

A crypto influencer recently shared his top altcoin picks, emphasizing their potential for high growth and passive income generation through staking rewards. The influencer suggests these altcoins could be a pathway to early retirement for investors. The video began by showcasing ALF Protocol (ALF), an open-source cross-blockchain network designed to empower dApps and other protocols. It was described as a decentralized version of AWS or Firebase, with a focus on enhancing the DeFi ecosystem. The native ALF token, used for network transactions and incentivizing node operators, has a current market cap of $116 million and is considered a promising contender…

Binance, the world’s largest cryptocurrency exchange, continues to announce altcoin support. At this point, the last announcement came regarding the Simon’s Cat (CAT) airdrop that will be distributed to FLOKI owners. In a statement made by FLOKI, Binance announced that it will support the Simon’s Cat airdrop to FLOKI holders on the Binance exchange. Binance will conduct the Simon’s Cat airdrop according to a snapshot to be taken on August 29, 2024 at 23:59:59 UTC. The airdrop amount and final details will be determined by Binance based on the total amount of FLOKI tokens held on Binance that meet the…

Bitcoin’s price has risen by nearly 40% since the start of 2024, but the expected bull run has yet to fully materialize. BTC is showing a strong outlook at around $60,000, with some analysts remaining optimistic that it could rise to $200,000 within the next year. The Fed is a major factor on everyone’s radar. As Fed Chair Jerome Powell prepares for his upcoming remarks, the market is preparing for hints of potential rate cuts. According to CME FedWatch data, there is a 100% chance the Fed will cut interest rates at its September meeting, reflecting broad market confidence. The…

Fed Chairman Jerome Powell gave the clearest sign yet that quantitative easing is imminent by saying it’s time to cut interest rates. The timing and magnitude of these reductions will depend on careful assessment of risks to the U.S. economy, Powell said. “We do not want or welcome further cooling in labor market conditions,” Powell said in his speech, indicating that the central bank is increasingly cautious about tightening policy further given the potential impact on employment. The Fed’s primary goal remains to bring inflation back to its 2% target, but the resilience of the labor market has made the…

Unlocking Enterprise-Level Tokenization on IOTA EVM TL;DR:IOTA has partnered with Tokeny to integrate their enterprise-level tokenization tech into IOTA EVM, enhancing on-chain compliance and control over token transactions and ensuring only qualified investors partake. This move will bolster enterprise tokenization and secure digital asset management within IOTA’s ecosystem. For companies exploring the world of decentralized finance (DeFi), compliance with legal requirements like anti-money laundering and securities regulations is crucial. This adherence protects investors by ensuring transparency and fairness, maintains market integrity, and builds trust, which is vital for the sustainability of financial markets. Additionally, compliance allows companies to access critical…

TerraPay has formed a new initiative to enhance how wallets interact globally. Dubbed the “Wallet Interoperability Council,” this collaboration brings together five digital wallet operators to make international money transfers more accessible globally. The Wallet Interoperability Council, spearheaded by TerraPay, includes key players like Airtel, bKash, MPESA, Nequi, and Sama Money. These operators serve vast regions, including Bangladesh, Colombia, Kenya, Senegal, Tanzania, and Uganda. According to the London-headquartered firm, the council’s goal is to advance global wallet interoperability, enabling seamless merchant payments, international remittances, and other cross-border transactions by connecting diverse platforms. Traditionally, digital wallets have operated primarily within local…

Neal Stephenson, the author who coined the term “metaverse” in his 1992 novel “Snow Crash,” is debuting a new metaverse project called Artefact. It’s a collaboration between the blockchain platform he co-founded, Lamina1, and Wētā Workshop, the special effects company behind movies like “Lord of the Rings” and “Avatar.” The new project aims to develop intellectual property (IP) for a blockchain-powered metaverse, according to a release shared with Decrypt. Lamina1, which Stephenson co-founded with Peter Vessenes, launched in 2022 to support digital content creators. The platform has gained 65,000 active users since its mainnet launch in May 2024, indicating a…

Orbiter Finance secured over $50 million in annual revenue, driven by growing Layer-2 (L2) adoption. This milestone positions it among the most profitable decentralized cross-chain L2 protocols. L2 solutions enhance blockchain scalability by offloading transaction processing from the main chain. This reduces congestion, lowers fees, and boosts transaction throughput, driving demand for such solutions. Orbiter Finance Records $50 Million Annual Revenue Orbiter Finance generated over 20,000 Ethereum (ETH) (around $52.7 million) in year-to-date revenue, surpassing the combined earnings of all other third-party cross-chain bridges. This achievement positions Orbiter above Base, the second-largest Layer-2 scaling solution by total value locked (TVL),…

DOP, the native token of zero-knowledge proofs platform Data Ownership Protocol, has jumped 75% in the past 24 hours after the token’s listing on major crypto exchanges. On Thursday, crypto exchanges Bybit and Bitfinex announced trading support for DOP. The token’s price rose sharply to reach above $0.0288. Bitfinex announced deposits for DOP would open at 12:00 pm UTC on July 4, 2024, with trading expected to commence on July 5, 2024 at 10:00 am UTC. This will however be subject to “liquidity requirements being met,” the Bitfinex team wrote in a blog post. Commenting on the listing, Bitfinex head…

The event Super Earn by Binance for Ton recorded an immediate success in the crypto field, exhausting the initial offer in a few minutes. In response, Binance has launched a new pool to meet the high demand, consolidating its commitment towards the expansion of the Toncoin ecosystem. Let’s see all the details below. Super Earn: unique opportunities in the crypto field for Ton on Binance Integration in the Launchpool The vision of Binance for the future of Toncoin Super Earn: unique opportunities in the crypto field for Ton on Binance As anticipated, Binance, one of the main cryptocurrency exchanges worldwide,…