Author: NBTC

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…

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! Fun fact: Helium was one of the first projects I was assigned to write about while still a lowly intern at Blockworks, and one of my articles from that summer earned me a couple angry DMs from Helium fans. I’m tough but fair however — I also have become a Helium Mobile customer, and quite enjoy my $0 phone bill. Anyways, I’d never spoken to the CEO of the Helium Foundation until last week: Q&A: Helium Foundation CEO…

Swiss regulator FINMA has published guidance on stablecoin issuers, urging them to verify the identity of all persons holding digital tokens pegged to fiat currencies. The Swiss Financial Market Supervisory Authority has published new guidance addressing the risks and challenges associated with stablecoins for issuers and banks providing guarantees. In the Jul. 26 guidance, the regulator underscored the necessity for stablecoin issuers to verify the identities of token holders and beneficial owners to mitigate these risks. “[…] the identity of all persons holding the stablecoins must be adequately verified by the issuing institution or by appropriately supervised financial intermediaries.” FINMA…

Ethereum’s ERC-4337 standard was recently referenced in Toyota Blockchain Lab’s published work, entitled “How to Introduce Mobility into the Public Blockchain.” Integrating MOA and Ethereum ERC-4337 Sota Watanabe, founder of Toyota partner Astar Network, took to X to announce that the auto giant just published a post on Mobility-Oriented Account “MOA,” based on Account Abstraction standard ERC-4337 in the Ethereum ecosystem. Toyota just published “MOA” (Mobility-Oriented Account) based on Account Abstraction standard ERC-4337 in Ethereum ecosystem. Bullish! Glad large Japanese enterprises are working on public chains.https://t.co/Ph4sVTVgFc — Sota | Astar + Startale (@WatanabeSota) July 23, 2024 He acknowledged the work…

Peter Schiff, one of the most prolific Bitcoin critics, has already weighed in on the most recent cryptocurrency crash. In a recent social media post, he predicted that the leading digital asset by market capitalization is poised to break down. At the same time, he has urged his followers to place their bets on gold and silver since he believes that those precious metals are on track to break out. Earlier today, the leading cryptocurrency plunged below the make-it-or-break-it $60,000 support level for the first time since June 25 to reach an intraday low of $59,712, according to CoinGecko data.…