Author: NBTC

Cardano founder Charles Hoskinson has dissociated himself from Emurgo, clarifying the extent of his relationship with the blockchain company. Hoskinson emphasized on social media that Emurgo is an independent entity he neither owns nor controls. He also clarified he wasn’t involved in Emurgo’s founding. Why are you asking me? They are an independent company. I have no ownership or oversight of Emurgo. I didn’t create Emurgo. Ask them — Charles Hoskinson (@IOHK_Charles) August 29, 2024 Hoskinson clarified the extent of his relationship with Emurgo while responding to questions from a blockchain user who complained about the firm’s services. In a…

Mantle Devs, known for mass adoption of decentralized & token-governed technologies, announces a strategic partnership with QuickNode. With the rising Mantle network, this collaboration provides developers with an amazing opportunity to enhance their projects with available tools and resources. Mantle Devs shared this latest update through social media platform, X. #BuildOnMantle just got even better! Our collaboration with @QuickNode enables developers to boost their projects with 2 free months on their top-tier web3 developer platform or get 15% off a custom Enterprise plan. Don’t miss out! 🔥https://t.co/504xvjrK9G pic.twitter.com/FUl5KqUwcj — Mantle Devs (@0xMantleDevs) September 4, 2024 Effective immediately, developers participating in…

Although Bitcoin (BTC) is gaining attention among more and more people, qualified investors, institutions and even big ones like BlackRock or Franklin Templeton, its meaning and utility is still highly doubted by many like Peter Schiff or Warren Buffet. Critics deny Bitcoin the right to be a store of value and to be called Gold 2.0 due to its high volatility compared to traditional assets. Thus, despite its growing popularity, Bitcoin is still widely considered a speculative asset or even a gamble. Saylor does not agree On the other hand, Michael Saylor, the CEO of MicroStrategy and a well-known Bitcoin…

Analyst Benjamin Cowen is issuing a warning on Ethereum (ETH) as the second-largest crypto asset lingers around 40% below the 2024 high recorded in March. Cowen tells his 811,000 YouTube subscribers in a new video that Ethereum could depreciate by at least 5% against Bitcoin (BTC) going forward. “When I look at this chart what do I see? I see that Ethereum/Bitcoin is likely going to form a bottom between now and the end of the year. It’s possible that it’s already in, but I would still say I’m still sort of leaning that it could go sub 0.04 BTC.”…

Sberbank, Russia’s largest lender, aims to begin offering digital ruble transactions to its customers in early 2025, according to a senior bank executive. Russia‘s banking giant Sberbank plans to start operations with the country’s central bank digital currency — also known as the digital ruble — for its customers in early 2025, Sberbank’s deputy chief executive Anatoly Popov, told Reuters. Sberbank is among Russian banks expected to join the project in the second round of testing CBDC, along with about 20 other financial institutions. Speaking on the factual usage, Popov said the bank plans to start “actual operations [with the…

As Monday saw a 6% drop in the price of Dogecoin (DOGE), a new wave of bullish activity emerged on the chain of the popular meme cryptocurrency. According to data from IntoTheBlock, the net flow of DOGE into the wallets of large holders increased by more than 118% over the past day – from 67.85 million to 148.36 million tokens, which is equivalent to $14.84 million. The metric shows how the positions of whales and investors with more than 0.1% of the supply of Dogecoin are changing. Basically, spikes in netflow mean that large players are building their positions, while…

WadzChain Layer 2 handles 24,000 TPS, matching VISA’s speed for instant transactions. WadzChain slashes fees to under $0.01, optimizing costs for retail and finance sectors. Over $4.3 billion in real assets tokenized, enabling fractional investments in real estate and art. WadzPay is set to revolutionize blockchain technology with its imminent launch of WadzChain Layer 2. This new development promises enhanced scalability, reduced costs, and innovative tokenization opportunities across various sectors, including finance, retail, and gaming. 🚀 #WadzChain Layer 2 by WadzPay is launching very soon ! 🔥💡Why it stands out:Scalability: Handles 24,000 TPS for lightning-fast transactions, as the standard for…

Ethereum derivatives volumes on the CME have plunged sharply following the launch of spot Ethereum ETFs, reflecting reduced institutional interest. Trading volumes for Ethereum derivatives on the CME exchange experienced a significant decline in August as Ethereum futures volume plummeted 28.7% to $14.8 billion, while options volume dropped 37.0% to $567 million, marking the lowest levels since December 2023. Data provided by CCData shows that the downturn comes just months after the introduction of spot Ethereum exchange-traded funds in late May, signaling “lower-than-expected institutional interest in the asset.” CME institutional volume | Source: CCData Overall, CME’s derivatives trading volume plunged…

Riot Platforms has intensified its efforts to acquire rival Bitcoin miner Bitfarms by issuing an open letter to the firm’s shareholders on Sept. 3. In the letter, Riot announced that it had lowered its request for board seats at Bitfarms to two independent directors following recent removals while also criticizing several of the company’s recent decisions. Criticism of Stronghold acquisition Riot raised concerns about Bitfarms’ recent acquisition of Stronghold, a deal valued at $175 million. According to the firm, this transaction represented a premium of over 100% compared to Stronghold’s closing share price the day before the announcement. Riot pointed…

The cryptocurrency space erupted today when the world’s largest exchange Binance made a mysterious announcement. In a recent post on X, the black-and-yellow crypto giant simply mentioned “BNSOL” and then said that it is coming soon. Many began to guess at what this meant, as no clear answer was given. But there must be one. According to Solana Compass, the secret behind BNSOL could be Binance Staked SOL. As many may know, Solana is a token that can be staked. The purpose behind staking SOL tokens is to participate in the network as a validator or to participate in the…