Author: NBTC

Arris has announced a significant collaboration with AlterVerse, a platform for integrating artificial intelligence (AI) with gaming. This collaboration is regarded as an important step towards the companies’ goals of developing evolving virtual environments powered by AI. Supported by skilled resources from Binance Labs and Polygon Ventures, AlterVerse has gained a good reputation in its relatively new field of AI and the virtual world. 📢 Exciting Partnership Announcement!We’re thrilled to announce our collaboration between @Arris_io and @AlterVerseGameAlterVerse is a platform that combines AI and gaming. Backed by @BinanceLabs & @PolygonVenturesTogether, we’ll harness our unique strengths to bring new… pic.twitter.com/9LICOoEdQm —…

Former President Donald Trump’s keynote address at the 2024 Nashville Bitcoin Conference has sent shockwaves through the political landscape, compelling Kamala Harris to reconsider her stance on cryptocurrency. In his speech, Trump announced plans to implement crypto-friendly regulations, aiming to bolster economic growth and cement the US’s leadership in digital finance. Nigel Green, CEO of deVere Group, hailed this move as a “masterstroke,” predicting it could significantly impact Harris’s campaign. “By pledging to retain all Bitcoins currently held or acquired by the US government, Trump aims to create a robust national bitcoin reserve valued at approximately $14 billion.” Green said…

Key Insights Active storage deals decreased 6% QoQ, while storage utilization grew from 23% to 26%. 2,034 clients onboarded data, with 518 large datasets (>1,000 TiB) onboarded, up 2% QoQ. Filecoin Virtual Machine (FVM) saw over 3,700 unique contracts deployed, with TVL reaching 63 million FIL ($273 million). New data services emerged, including perpetual archiving and data privacy solutions. Filecoin continues to develop as a decentralized physical infrastructure network (DePIN) for enterprise storage and AI applications. Network Performance Storage Deals and Capacity Q2’24 active storage: Over 1,700 PiB, down 6% QoQ from 1,900 PiB in Q1’24. Daily new deals: Decreased…

BitMEX founder Arthur Hayes says it doesn’t matter to the crypto industry who wins the upcoming presidential election. Speaking at the Token 2049 event in Singapore, the Maelstrom CIO says that he doesn’t believe Republican presidential candidate Donald Trump is being genuine when espousing pro-crypto stances. “I don’t understand why crypto bros and gals are so pro-Trump because Trump was president for four years and he did [nothing] and so now he wants a bunch of crypto donations? He says the right things out of his mouth, launches some DeFi (decentralized finance) [garbage] or whatever he’s doing and all of…

As Bitcoin flirted with the $70,000 mark on Monday morning, analysts at Bitfinex issued a cautionary note, suggesting the rally might be short-lived due to an impending significant options expiry. Bitfinex analysts predicted in a note that they expect “potential further downward pressure” on the price of Bitcoin (BTC) as the monthly expiry of around $2.2 billion is set to occur on Aug. 2. They suggest this event could cause Bitcoin to stall or even pull back slightly from the $68,000-$69,000 resistance zone. Despite the risk of a pullback, the analysts highlight that leveraged long positions are currently more influential…

Recently, Chiliz, the sports blockchain, has teamed up with KAYEN Protocol to give its users the access to cutting edge DeFi features like bridge, wrap, swap and liquidity provision. We’re excited to announce that @KAYEN_Protocol has officially launched on Chiliz Chain!KAYEN Protocol is a community-driven DEX designed specifically for Chiliz Chain, offering users the ability to bridge, swap, wrap, and provide liquidity all in one place. #ChilizChain ⚡️… pic.twitter.com/LXFgRuO8je — Chiliz – The Sports Blockchain ⚽🏆 (@Chiliz) August 13, 2024 Chiliz (CHZ) is a sports blockchain platform allowing sports fans unique experiences with their favorite teams through crypto and NFTs.…

In the wake of two historic approvals for crypto exchange-traded products in the US this year, industry leaders say there is still work to be done. “If you zoom out, the fact that we got two different types of crypto exchange-traded funds in the marketplace this year actually means that it’s maybe been the biggest year for regulatory advancement that we’ve seen,” Teddy Fusaro, president at Bitwise, said during a panel discussion at the DACOM event in New York Wednesday. “Now, whether or not the [Securities and Exchange Commission] really wanted to do that or if their hand was maybe…

Self-proclaimed “Bitcoin senator” Cynthia Lummis (R-WY) announced legislation on Saturday that aims to build a government Bitcoin reserve of 1 million BTC within the next five years. But can it be done? According to one expert, the actual plan to do so is nothing like Lummis suggested on stage at Bitcoin 2024, where she said the coins would be paid for with “excess reserves” from the nation’s twelve Federal Reserve banks. “The plan is much less ambitious than that,” George Selgin, director emeritus at the Center for Monetary & Financial Alternatives at the Cato Institute, told Decrypt. Although the details…

Sky, the decentralized finance lender previously known as MakerDAO, might be ready to pause its plan to offboard wrapped bitcoin (WBTC) as collateral, following a fresh recommendation from an influential advisor. The development came after a lengthy discussion on the Sky discussion forum with Mike Belshe, CEO of BitGo, which was the sole custodian of the bitcoin backing WBTC until August, when a deal was cut to transfer custody to a strategic partnership with Tron founder Justin Sun. WBTC is a token that allows investors to use bitcoin (BTC) on other blockchains, such as Ethereum, and often is at the…

Cryptonairz founder Robert Doyle, fondly called Crypto Sensei, advocates an XRP spike to $10,000, citing the potential bullish effects if this Crucial Catalyst occurs. Doyle presented this case in a recent X video, basing his argument on the latest report surrounding U.S. Treasury bills tokenization on the XRP Ledger. For context, OpenEden, a leading tokenization platform, announced an initiative to bring tokenized U.S. T-Bills to the XRPL. The initiative is in partnership with Ripple, with an initial $10 million contribution from the payment firm. T-Bills Tokenization on the XRPL According to Doyle, the tokenization of real-world assets (RWA) on the…