Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
APhone, the pioneering decentralized virtual smartphone, has joined forces with Aethir to roll out a new solution that boosts user capacity tenfold while slashing operational expenses.—Leveraging Aethir’s state-of-the-art GPUs and distributed cloud infrastructure, this new solution propels APhone’s capacity from 80,000 to over 800,000 daily active users. The operational cost per user drops to under $0.60 per month, marking a significant enhancement in efficiency and cost-effectiveness.“Expanding from 80,000 to over 800,000 users is a game-changer. Aethir’s infrastructure not only supports this growth but also helps us save $3.2 million quarterly, bringing our computing costs down to $1 million.”William Paul Peckham,…
Bitcoin, which started July and the second half of the year with an increase, has been moving in a downward trend in the last three days. At this point, the reason for the decline in BTC, which has fallen to $ 59,600 in the past hours, remains unclear. However, some analysts believe Mt. While we estimate that BTC fell to $ 59,600 due to Gox’s start of repayments of $ 9 billion, some analysts think that the sales of whales were effective in this decline. At this point, Lookonchain stated that a whale deposited 1,023 BTC worth $62.2 million to…
Cardano (ADA) has achieved a significant milestone by surpassing 94 million transactions, a landmark achievement that underscores the network’s growing adoption. Aside from transactions, Cardano is also seeing growth in other network parameters. ICYMI: the must-read digest of the week’s development highlights. Check out the #Cardano development update and stay in the know. Now live and ready for your reading pleasure on #EssentialCardano. https://t.co/MrSFThcRuv — Input Output (@InputOutputHK) July 21, 2024 As indicated in Input Output Global’s (IOG) most recent weekly report, the total value locked on the Cardano network is currently 548.4 million ADA. There are 10. 2 million…
Republican senator Roger Marshall has become the first senator to walk from a controversial crypto bill he initially co-sponsored. Marshall pulled his support for the Digital Asset Anti-Money Laundering Act of 2023 on Tuesday, legislation records show. Reintroduced in the Senate on July 27, 2023, by Senator Elizabeth Warren, Marshall, and others, the bill attracted sizeable bipartisan support, with 18 other co-sponsors across party lines. Crypto has become a political issue in recent months, with former president Donald Trump promising to relax regulations and protect innovation should he secure the White House in November. President Joe Biden’s administration has been…
Japanese car behemoth Toyota is considering incorporating Ethereum blockchain technology into its vehicles, according to a recent blog post written by Toyota Blockchain Lab. The car giant is conducting research on how to introduce mobility into public blockchains. The concept of mobility, which was originally announced back last April, aims to enhance the value of a car. The blog post discussed some challenges of creating a blockchain account for a car. For instance, the account might be lost if the in-car device experiences a failure. The blockchain lab has proposed creating a mobility-oriented account based on the ERC-4337 Ethereum standard,…
Buyers of the U.S. spot BTC ETFs have an average entry price between $60,000 and $61,000 and a break below the range could bring a wave of liquidations, 10x Research said. The institutional wave of ETF buying has yet to arrive, wrote Markus Thielen. Traders often mistakenly cite round numbers as critical support or resistance levels, but in this case, the $60,000 level bitcoin (BTC) is currently flirting with could truly prove important. “We estimate that the average bitcoin ETF entry price is $60,000 to $61,000, and re-testing this level could result in a wave of liquidations,” Markus Thielen, founder…
The decentralized exchange ecosystem of Solana (SOL), a high-performance L1 blockchain, scores new milestones. In 2024, the network registered amazing TVL growth as well as notable upsurge of the native SOL coin price. Solana (SOL) DEX market share hits new all-time high The new historic milestone was registered by decentralized exchanges (DEXes) on Solana (SOL) blockchain. As noticed by Solana Floor platform, Solana’s (SOL) dominance in the DEX trading volume metric hit a new all-time high. As of July 21, 2024, 36% of aggregated DEX trading volume is processed by Solana (SOL). 🚨BREAKING: On July 21st, Solana’s DEX volume dominance…
Gravity, a new-gen L1 blockchain by digital platform Galxe, announces the integration of Pyth price oracles. Pyth instruments will be available for all developers building their products on Gravity and interested in leveraging the chain’s performance and UX capabilities. Gravity integrates price feeds by Pyth Network According to the official statement by the two teams, Gravity, a new-gen omnichain L1 network by Galxe Web3 distribution platform, is now integrated with Pyth, a provider of price oracles. As the integration goes live, Gravity will be leveraging Pyth price feeds for all of its dApps. Pyth Price Feeds are now available on…
The DDA Bitcoin Macro ETP dynamically adjusts Bitcoin exposure based on macroeconomic conditions. The ETP offers tax advantages for German investors, appealing for long-term exposure. Deutsche Digital Assets (DDA) has introduced a game-changing investment tool, the first-ever Macro Bitcoin Exchange-Traded Product (ETP) on Xetra. This creative ETP provides investors with a fresh way to invest in cryptocurrency since it constantly changes its Bitcoin exposure depending on the current macroeconomic situation. 🔔 𝗗𝗲𝘂𝘁𝘀𝗰𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 𝗟𝗶𝘀𝘁𝘀 𝗪𝗼𝗿𝗹𝗱’𝘀 𝗙𝗶𝗿𝘀𝘁 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗠𝗮𝗰𝗿𝗼 𝗘𝗧𝗣 𝗼𝗻 𝗫𝗲𝘁𝗿𝗮 🔔 We are thrilled to announce the launch of the revolutionary DDA Bitcoin Macro ETP – the world’s…
Dakota will offer returns based on lending through decentralized finance protocols to overcome the drawbacks of centralized lenders. The company was founded by former Airbnb, Anchorage and Coinbase executives. It is aimed at businesses, which will pay a monthly fee. Dakota, which describes itself as a crypto bank that is attempting to right the wrongs of centralized lenders such as Celsius and BlockFi, emerged from stealth on Wednesday. The company, which was founded by a group of former Airbnb, Anchorage and Coinbase Custody executives, offers treasury management, lending and payment services to businesses that pay a monthly fee and gain…