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.
Polygon’s Sandeep Nailwal has disclosed in a recent presentation that the endgame infrastructure architecture of blockchain could look like its AggLayer. The Polygon’s AggLayer is said to provide low latency cross-chain transactions, scalability, security, and flexibility. Co-founder of Polygon (MATIC) Sandeep Nailwal in a recent presentation at the AltLayer Roll-up Day, on July 10, pointed out the lack of seamless interaction between blockchains that affects the free flow of data and assets. He further revealed that he had observed that all emerging individual blockchain architectures usually have a constant Transaction Per Second (TPS). To him, this was a big deal…
Rootstock, the first and most enduring sidechain of Bitcoin, experienced a quarter of unprecedented growth, consolidating itself as the leading blockchain thanks to a record number of transactions and a series of new integrations. With the panorama of Bitcoin layer 2 in turmoil, Rootstock has made a leap in quality, becoming a point of reference for the cryptocurrency ecosystem. Here are the highlights of this impressive growth. Growth of transactions and security of the Bitcoin Rootstock sidechain network Improvement Proposals of Rootstock (RSKIPs) Conclusion Growth of transactions and security of the Bitcoin Rootstock sidechain network According to data from the…
Famed artist Brendan Murphy is bringing his work to the Bitcoin blockchain, releasing a new “Frozen With Desire” collection using the Ordinals protocol. The collection consists of 3,100 Bitcoin Ordinal inscriptions featuring “Bitcoin Spacemen” illustrations inspired by Murphy’s real-world “Frozen With Desire” sculpture. The four-foot-tall “Frozen With Desire” astronaut piece—which contains 6,200 diamonds totaling 517 carats described as “responsibly sourced”—was listed at Saks Fifth Avenue for $25 million in 2021. This project follows Murphy’s previous “Boonji Project,” a collection of 11,111 unique NFTs that launched on the Ethereum blockchain in 2021. The Bitcoin Ordinals Frozen With Desire (FWD) launch is…
Shiba Inu (SHIB) has once again stunned its community with an exciting and mysterious tweet, igniting speculation and anticipation. On May 28, the Shiba Inu official Twitter handle posted an exhilarating tweet that was captioned “GM,” while tagging the Shib community, known as the “ShibArmy.” Accompanied by a mysterious image, the tweet immediately caught the attention of SHIB enthusiasts and the broader crypto community. GM #SHIBARMY ➖➖🟧➖➖➖➖🟧➖➖➖🟧🟧➖➖➖🟧🟧➖➖🟧🟧🟧🟧🟧🟧🟧🟧➖🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧⬛️⬛️🟧🟧⬛️⬛️🟧🟧🟧🟧🟧🟧⬜️⬜️🟧🟧🟧🟧⬜️🟧🟧⬜️⬛️⬛️⬜️🟧🟧⬜️⬜️⬜️⬜️⬜️⬛️⬜️⬜️⬜️⬜️➖⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️➖➖➖⬜️⬜️⬜️⬜️⬜️➖➖ — Shib (@Shibtoken) May 28, 2024 The response from the SHIBArmy, Shiba Inu’s passionate and dedicated community, turned out as expected, with several reacting with excited emojis. Vet Kusama, a Shiba Inu community…
In a significant move towards integrating Metaverse gaming with real-world asset capabilities, MetaCollabWin announced its new partnership with Neo, particularly focusing on the Neo X sidechain. This collaboration marks a pivotal step for MetaCollabWin, a leader in Metaverse real-world asset games, as it leverages Neo’s blockchain technology to enhance its platform. Neo X, known for its MEV resistance and complete compatibility with Ethereum tools, provides an ideal environment for MetaCollabWin to innovate and scale its offerings within the digital economy. We would like to welcome @MetaCollabWin as they join the Neo X ecosystem! 🥳We look forward to the integration of…
Social media site Reddit is abandoning its Collectible Expressions feature, which created animations based on users’ Collectible Avatars NFTs. The news was revealed on a Reddit help page, which carries a message stating that “As of August 5, 2024, Collectible Expressions will no longer be supported on Reddit. In some instances, you might be able to view them on past comments, but they can’t be used on comments moving forward.” Collectible Expressions build on Reddit’s Collectible Avatars, a series of non-fungible tokens (NFTs) on the Polygon blockchain. The NFTs were wildly popular when they launched. Polygon co-founder Sandeep Nailwal even…
Shiba Inu daily transaction volume records a massive spike to 5.354 trillion SHIB, marking a 169% increase from the previous day’s figure. With the broader crypto market witnessing an extended range-bound movement, Shiba Inu bulls have not mustered enough strength to break above critical resistance levels. As a result, SHIB has failed to transform the $0.000025 territory from resistance to support, often slipping below it after a rebound. Shiba Inu Daily Transactions Spike to 5.354T Despite the market turbulence, interest in Shiba Inu has increased over time, evidenced in the occasional spikes in transaction volume. One such spike occurred yesterday,…
A jury has found U.S. Senator Robert Menendez (D-N.J.) guilty of all charges following accusations last year that he’d accepted massive bribes from wealthy New Jersey businessmen. The 16-count conviction on charges ranging from conspiracy to commit bribery to acting as a foreign agent has Bitcoin enthusiasts taking a victory lap given the politicians’ history of criticism around crypto-based financial crime, even though his own illicit deeds involved anything but digital assets. “This case has always been about shocking levels of corruption,” said U.S. Attorney Damian Williams in a press release shared by the Department of Justice. “Hundreds of thousands…
North Tonawanda will implement a two-year suspension on all crypto mining developments in the city to tackle noise pollution from data centers. This comes after the city’s Common Council unanimously agreed to the suspension on Tuesday following complaints from residents over noise from data centers. Also read: Britain’s new government sets sight on AI regulation According to proposals by the council, the city is expected to pause any new crypto mining plant or the expansion of any existing plants in the city. The goal for the city in the next two years will be updating the city’s zoning codes as…
Lumia, the zkEVM Layer 2 network, has launched its highly anticipated HyperNodes sale. This initiative allows the community to participate in decentralizing the Layer 2 network and support Lumia’s mission to transform onchain liquidity. HyperNodes are now available for purchase at node.lumia.org. Developed in partnership with Polygon and GatewayFM, Lumia takes advantage of its unique Data Availability Committee (DAC) nodes, known as HyperNodes, to achieve unparalleled scalability, security, and compliance. Notably, Sandeep Nailwal, Polygon’s founder, provided invaluable advice during the development of Lumia HyperNodes, shaping their innovative architecture. Sandeep Nailwal expressed his enthusiasm, stating, “It has been extremely interesting to…