Author: NBTC

The popular cryptocurrency Cardano (ADA) has reentered the top 10 crypto assets by market capitalization in what may be considered a story of stability and anomaly. Thus, according to data from CoinMarketCap, Cardano, with a capitalization of $16.44 billion, took ninth place in the top ten, followed by Shiba Inu (SHIB), with a capitalization of $16.13 billion, in tenth place, and then Toncoin (TON), with an estimated market capitalization of $15.65 billion. It is noteworthy that a few hours earlier, Cardano token had relinquished its position in the top 10, when Shiba Inu (SHIB) overtook ADA amid a surge in…

The Filecoin Foundation has announced that Democracy’s Library, an initiative by the Internet Archive, has successfully uploaded over one petabyte of data onto the Filecoin network. This effort enhances the long-term preservation and accessibility of government data by leveraging the Filecoin network, ensuring more secure and robust storage compared to traditional methods. The Filecoin Foundation has announced a significant achievement by Democracy’s Library, a project led by Interactive Archive, which has successfully uploaded over one petabyte of data onto the Filecoin network. This includes extensive collections curated by End of the Term Archive. The initiative, known as the End of…

The Fed Chair acknowledged a softer labor market has gotten his attention, but reminded that inflation remains too high. Bitcoin bounced higher, but quickly gave back any gains. The chances of a September rate cut edged just so slightly higher on Tuesday as U.S. Federal Reserve Chairman Jerome Powell said elevated inflation is not the only risk faced by the economy. “Reducing policy restraint too late or too little could unduly weaken economic activity and employment,” said Powell in prepared remarks for his Humphrey-Hawkins testimony in front of a Senate committee. In the question and answer session that followed, Powell…

Crypto gaming startup Pixelverse announced Tuesday that it will introduce a Pudgy Penguins character to its widely-played Telegram game, PixelTap. This move brings one of the most recognizable figures in the crypto world to a game that has already attracted millions of players in recent weeks. Pudgy, the face of the successful Pudgy Penguins NFT collection on Ethereum, will join other crypto-inspired characters like Doge, Solana’s Mew, and Avalanche’s Coq Inu in PixelTap. Pudgy Penguins has seen more crossover success than most NFT collections, landing its toy line in stores like Walmart and Target and reportedly selling more than a…

Shiba Inu (SHIB) is on the cusp of overtaking Cardano (ADA) in market capitalization. Presently, the gap between the two is a slim $220 million, with Shiba Inu valued at $16 billion versus Cardano’s $16.22 billion. This increased activity in meme coins, both in direct investment and futures trading, suggests they are transitioning from niche internet jokes to major financial assets. Shiba Inu Investor Booked 419X Gains as the Meme Coin Surge Earlier today, Shiba Inu briefly surpassed Cardano, signaling its potential to climb higher in the rankings. However, it could not maintain its position. This instance highlights the volatile…

Polygon Labs, the main developer firm behind the layer-2 blockchain Polygon, released on Tuesday the latest version of its zero-knowledge proving system, “Plonky3” – designed to be more flexible than the previous model. A proving system is at the heart of zero-knowledge rollups, and a crucial component in the cryptographic security of distributed networks with multiple layers. It is the piece of technology responsible for creating proofs that summarize off-chain transactions, so the information can then be fed back to a base blockchain, such as Ethereum. The system ensures “that a transaction was correctly executed or that a blockchain’s state…

Attention-hungry memecoin devs are sharing nudes, suicide threats, and porn to pump.fun after the Solana-based platform introduced livestreaming. Pump.fun announced the new feature last night, telling users to “go wild.” And so far, they haven’t disappointed. Indeed, while most of the new coins flooding the platform seem harmless and are marketed with kittens or dogs, others are promoted with explicit pornographic and racist material. For example, one user using the ticker ‘BUTTHOL’ was caught livestreaming his bare behind, along with a description that read simply, “This a livestream of my Butthole.” Another user created a coin with the ticker ‘GLOCKLIVE’…

Crypto developers have leveraged the newly introduced Runes token standard to launch an all-new dollar-pegged stablecoin native to the Bitcoin blockchain. But there’s a twist: its developers told Decrypt that the token, USDh, is backed by and redeemable for BTC rather than actual cash. In fact, the stablecoin offers a yield to holders that they said could soar as high as 25% per year. “USDh is Bitcoin all the way down, which means the protocol doesn’t rely on fiat rails and can operate completely outside the traditional banking system,” said Jakob Schillinger, founder & CEO of Hermetica, the stablecoin protocol…

Renzo (REZ) has introduced a groundbreaking liquid restaking protocol, aiming to simplify staking processes and actively involve the community in governance decisions. The ezETH coin, part of the Renzo ecosystem, offers users the flexibility to stake without sacrificing liquidity, providing a user-friendly staking solution. By engaging with EigenLayer and Approved Services (AVS), Renzo ensures robust security and operational efficiency, making it appealing for users looking to enter the staking ecosystem with ease. Contents hide 1 What is the Role of ezETH? 2 How Does Governance Work? 3 Advantages of Using Renzo 4 Where to Buy REZ Coin? What is the…

Renowned economist and financial commentator Peter Schiff has once again issued a warning about Bitcoin’s price action, claiming that the cryptocurrency bubble is on the verge of bursting. Schiff, a longtime critic of Bitcoin, has constantly claimed that it has no intrinsic value and is a speculative asset doomed to fail. In response to a recent tweet, Schiff stated that Bitcoin’s recent price movements might be indicative of an impending crash. All sarcasm aside, it’s hard to tell if this time the bubble finally has popped. The one thing that’s for sure is that it is, in fact, a bubble.…