Author: NBTC

Trillion-dollar asset manager Franklin Templeton has lauded the Solana blockchain in an X post, leading enthusiasts to hope a spot Solana exchange-traded fund (ETF) may be coming soon after the recent successful launch of Ethereum products on July 23. Franklin Templeton Is Bullish On Solana In a July 23 social media post, Franklin Templeton explained why Solana is a key player in the crypto industry and how it is primed to transform the sector in the future. “Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward,” Franklin Templeton wrote.…

Talking with crypto.news, Curve founder Michael Egorov argued that defi’s ecosystem still holds the biggest value proposition over speculative trends like memecoins. During the 2021 peak, sometimes called crypto summer, decentralized finance took the driving seat. Defi tokens surged to all-time highs, and the narrative revolved around the so-called “future of finance” thesis. Fast forward to this year’s cycle, memecoins have claimed centerstage and accrued billions in market cap across several tokens. The hyper-speculative sector has turned users into overnight millionaires and the wealthy, sometimes to burned investors. The buzz has fueled talks that memecoins represent a major crypto use…

It is quite difficult to surprise Vitalik Buterin, but PhD candidate Burak Öz, who contributed to the most recent Ethereum paper, “Who Wins Ethereum Block Building Auctions and Why?” succeeded. Examining the factors that contribute to some Ethereum builders’ greater profitability and success, the paper delves deeply into the Ethereum builder market. This is the first time I’ve ever seen a graph whose y axis uses an inverse hyperbolic sine scale. — vitalik.eth (@VitalikButerin) July 23, 2024 In order to help builders win blocks and make money, it draws attention to important aspects. First, the analysis shows a positive correlation…

As unfounded rumors that U.S. president Joe Biden is dead spread across the internet, crypto degens have spun up a new batch of morbid political meme coins. Biden Dead (BIDEAD) was created on Monday and has already reached a market cap of $660,000. Soon after that came Biden Done (BIDONE), illustrated with a cartoon of the president’s skeleton. It quickly reached a market cap of $567,000. At the time of writing, meme coin factory Pump.fun is the breeding ground for tokens claiming that Biden is dead or that his death is imminent. In fact, of the top 10 tokens on…

Binance has published its Half-Year Report 2024, from which it emerges that the crypto market is expanding, even in Italy. The report concerns the first half of the current year, ending on June 30, and was prepared by Binance Research, the division of the company that deals with research. Binance is the main crypto exchange in the world. The report on Binance’s crypto expansion: the situation in Italy Bitcoin The DeFi The stablecoin AI Gaming The market in Italy for the crypto exchange Binance The report on Binance’s crypto expansion: the situation in Italy The data that makes it most…

Open Campus, a community-led education protocol, has launched the EDU bridge to Arbitrum. It is available for users starting today, July 24th. This is the third bridging partnership. Before this one, Open Campus had already announced the options to bridge across BNB and ETH. $EDU is now bridged to @arbitrum!This simplifies bridging from Arbitrum to EDU Chain mainnet, amplifying our reach and potential holders.We’re live and making moves across BNB, ETH, and now ARB.Nothing but 💙 pic.twitter.com/vPf78Bx7u1 — Open Campus (@opencampus_xyz) July 24, 2024 Impact of Bridging Open Campus (EDU) is a decentralized educational platform. It aims to tackle the…

SingularityNET’s $53 million investment focuses on creating a modular supercomputer for AGI and ASI development. The investment includes building AI data centers with advanced GPUs and CPUs to enhance decentralized AI capabilities. SingularityNET, a founding member of the recently launched Artificial Superintelligence Alliance, announced today a $53 million investment to advance Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI). The initial $23 million will be used to develop the world’s first modular supercomputer for AGI and ASI research. According to Dr. Ben Goertzel, CEO of SingularityNET and the ASI Alliance, SingularityNET’s AI team has developed innovative neural-symbolic AI methods that…

Japanese crypto giant bitFlyer has completed its acquisition of FTX Japan, making it a fully owned subsidiary. Bitflyer, a Tokyo-headquartered parent company of the self-named crypto exchange, said it has completed the acquisition of FTX’s Japanese branch, buying out 100% of the outstanding shares of FTX Japan. In a Friday press release, BitFlyer said plans to integrate FTX Japan into its operations, rebranding the acquired entity as “Custody New Company” by Aug. 26. The new entity will seemingly focus on expanding bitFlyer’s crypto custody business, leveraging the company’s current operational resources and wallet technology. The financial side of the acquisition…

COTI has announced a strategic partnership with Xctuality, a phygital (physical + digital) ecosystem leader, to integrate privacy solutions across its diverse product range, including the innovative Persona NFTs. This collaboration aims to enhance privacy features and showcase new applications of COTI’s privacy technology. Xctuality has selected COTI as its primary privacy provider, aiming to deliver programmable security and confidentiality across various use cases, notably for its Persona NFT users. Persona NFTs allow holders to store their digital identities and build user preferences to form intent profiles for more tailored digital experiences. Real-World Applications According to the firm’s report, Xctuality’s…

Bitcoin (BTC) has formed a new resistance level at the $63,000 price region. However, the current resurgence in its network activity suggests a rally above this level is possible. So far, July has been marked by an uptick in activity on the Bitcoin network. Bitcoin Witnesses Surge in Daily Active Addresses On July 1, the count of unique addresses involved in at least one transaction involving the leading cryptocurrency asset totaled 902,000. This marked a 34% uptick from the 674,000 recorded in daily active addresses on the Bitcoin network on June 30. Additionally, the number of new addresses created for…