Author: NBTC

Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped NFT sales for the week, generating $32.59 million, a 5.95% increase. NFT Market Gains Modest Momentum This Week Solana followed as the second leading blockchain, with NFT sales totaling $27.33 million, marking an 18.16% rise from the previous week. According to cryptoslam.io stats, Bitcoin ranked third, recording $17.43 million in sales, reflecting a 16.39% decline from last week. Completing the top five blockchains by sales this week were Polygon and Immutable X, following ETH, SOL,…

Caldera, a “rollup-as-a-service” platform that helps developers quickly spin up layer-2 blockchains, has closed a $15 million Series A funding round led by Peter Thiel’s Founders Fund. CEO Matt Katz said in an interview with CoinDesk that the new funds will help him expand Caldera’s 15-person team so they can build out the Metalayer, an interoperability ecosystem meant to simplify the process of launching applications across multiple blockchains. Today, Caldera provides a simple interface for launching layer-2 “rollup” chains that record data to Ethereum but offer quicker and cheaper transactions. The Caldera product suite plugs into popular rollup-building frameworks like…

In a recent weekly report by Input Output Global (IOG), the engineering development company behind Cardano (ADA), significant growth for the blockchain has been unveiled. The report highlights notable achievements in Total Value Locked (TVL), transactions and the increasing number of projects being built on the network. Thriving Cardano Ecosystem Per the report, Cardano has reached a milestone of 94 million transactions, showcasing the network’s growing adoption ahead of scheduled upgrades later this year. The report also discloses a TVL of 548.4 million in ADA, further emphasizing the network’s growth. Data from DefiLlama confirms this, with on-chain data showing over…

US lawmaker Senator Elizabeth Warren has continued her anti-crypto evangelism despite her thinning support base. On July 25, she opined that foreign-owned crypto-mining operations pose a national security threat during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs. Warren stated: “Foreign adversaries are using cryptomines to spy on US military operations. That is an obvious national security risk. But it isn’t the only risk. Foreign-owned cryptomines also threaten the energy grid.” The anti-crypto lawmaker further highlighted the environmental threat of these mining facilities, pointing out that their activities could pose “a disaster for the environment.” She…

The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) has announced an enhanced strategic partnership with Republic, aligning with INX’s growth strategy. This strengthened collaboration builds upon their previous agreement announced in February. Under the terms of this expanded partnership, INX will direct potential securities issuers to Republic for their initial offerings, earning commissions from the revenues Republic generates from these clients. Following these initial offerings, the securities may be listed and traded on INX’s platform, demonstrating a smooth transition and the cooperative nature of the partnership. One notable success story of this collaboration is the recent…

Imagine a scenario where you’re heading off for a 100-year vacation and you want your wealth to survive when you return. You decide to bury a safe that holds: Some gold bars A bunch of $100 bills Your bitcoin in cold storage What do you expect the outcome to be when you return from your 100-year absence? The gold bars will still be there in good shape. The $100 bills will have physically decayed and the purchasing power will likely have dramatically weakened to the point where the bills are worthless. What about the bitcoin? What is the bitcoin worth?…

Ethena Labs, the issuer of the “synthetic” stablecoin USDe, plans to invest part of the funds in tokenized real-world assets (RWA). This is said in a statement from Ethena Governance, revealing some details of the agreement. Ethena Labs’ reserve fund assets total $45.4 million. The Company intends to allocate these funds, as well as a portion of the collateral amounting to $235 million in USDT stablecoins, to invest in RWA to generate profitability. Applicants that have applied to participate in the tokenization process include BlackRock and Steakhouse Financial. Securitize, as distributor of the BUIDL tokenized fund, is proposing to allocate…

Floki announced a strategic partnership that aims to significantly increase its visibility. Valhalla, an MMORPG spin on the classic creature-collection adventure, will be the Associate Sponsor for India’s Tour of Sri Lanka. This collaboration will showcase Valhalla through high-visibility assets such as mid-wicket pitch mats, ground LED boards, and backdrops. High-Visibility Sponsorship The series promises to be a major event, following India’s historic T20 World Cup win. The tour begins with back-to-back T20 Internationals on July 27 and will continue with the ODI series starting on August 1, with matches held every two days. This lineup is set to attract…

Chinese cryptocurrency blogger Colin Wu has published a tweet, sharing news about the founder of the world’s biggest cryptocurrency exchange Binance and its former CEO. Changpeng Zhao (known to the whole crypto community simply as CZ) was forced to step down from his leading position on charges of money laundering in the US. For his cooperation with the court and Binance paying a $4.3 billion fine, he was sentenced just to four months in prison. The sentence was made on April 30 this year. The day when CZ was expected to leave prison was August 30. Now, unless his situation…

Coin98, a prominent multichain crypto wallet, continues to pave the way for Web3 technology access by integrating cutting-edge blockchain networks into its ecosystem. The latest advancement is the integration of Starknet, enhancing the Coin98 Super Wallet and Coin98 Extension with additional Layer 2 options. This integration marks a significant step in Coin98’s commitment to providing its users with a broad spectrum of blockchain technologies, fostering an environment ripe for exploration and innovation in the Web3 space. Starknet, known for its scalability solutions as a zero-knowledge rollup (ZK-rollup), is set to supercharge Ethereum’s capabilities by handling transactions off the main chain…