Author: NBTC

Howdy! Big news! Lightspeed is hiring a podcast host to work alongside the inimitable Mert Mumtaz. If you’re down to receive 17 Slack messages from me in the hour before this newsletter is due asking you to explain how Solana works, this job could be perfect for you. Apply to join one of the industry’s most exciting media brands here. Jito DAO’s $1.76B StakeNet question Jito DAO is weighing whether to change delegation management of its $1.76 billion stake pool from Jito Labs to a new software named StakeNet. If the new program is implemented and succeeds, the newly-formed DAO…

Blockchain technologies are known to be revolutionary. However, one of the most recurring problems associated with them is that of users and liquidity fragmentation across different networks. This is a formidable barrier to the mainstream adoption and seamless integration of decentralized applications and services, one which Particle Network aims to resolve. Solving The Problem Looking to resolve the issue once and for all, Particle Network has launched the Chain Abstraction Coalition, an alliance that consists of various leading Layer 1 and Layer 2 blockchain ecosystems, including Arbitrum, Avalanche, Berachain, BNB Chain, Botanix, and Linea. The main purpose of the coalition…

The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer cryptocurrency has enough steam to sustain the current momentum. One of the analysts who believe the price is destined for a downturn is Finn Oakes, who predicts a return to the $53,000 territory. Bitcoin Forms Double Top Pattern In the analysis that was shared on the TradingView website, crypto analyst Finn Oakes explains that the Bitcoin price has now formed…

The network provides institutions third party custodian options in places like the U.K., Australia, Singapore, the UAE and Japan. Next on the list of jurisdictions to cover will be the European Union and Latin America, Fireblocks said. Crypto custody firm Fireblocks named Zodia Custody, Komainu, CloudTech, Zerocap and Rakkar as the five firms to join its Global Custodian Partner Program, the companies said on Thursday. The global custodian program provides crypto institutions that use Fireblocks technology with local third-party crypto safekeeping options in their appropriate jurisdiction, be that in the U.K., Australia, Singapore, the UAE and Japan. Fireblock’s own recently…

AUSTIN, TEXAS – Layer-1 blockchain Aptos (APT) said Thursday that it is integrating real-world data provider Chainlink’s (LINK) Cross-Chain Interoperability Protocol (CCIP) and data feeds as part of joining Chainlink’s SCALE program. The expansion, announced at a panel discussion at Consensus 2024 in Austin, aims to help developers on Aptos to build decentralized applications (dApps) on the network. The collaboration would make Aptos the first Move-based blockchain integrating Chainlink’s services, the press release claims. As the number of independent blockchains are proliferating, communication between the different networks is posing a challenge to the digital asset economy. Chainlink is one of…

If you’re trying to make the most of the various opportunities offered by decentralized finance, it’s likely that you’ll have to use more than one blockchain. In order to transfer tokens from one blockchain platform to another, you’ll need to use a bridge. In this article, we’ll showcase the best crypto bridges available at the moment. When selecting the best cross-chain bridges for crypto transfers, we considered liquidity, the number of supported blockchains, the quality of the interface, and other factors. The best crypto bridges for cross-chain swaps: Across Protocol – High speed, low fee bridge bridge powered by intents…

Dubai – DWF Labs, a leading Web3 market maker and investment firm, today announced its ambitious plans for continued growth and innovation despite challenging market conditions.—The company’s expansion trajectory has been robust since its inception, and its future promises to be even more dynamic. The recent launch of its new website is one of many steps DWF Labs is taking to align its efforts with greater transparency and fair market practices.In 2023, DWF Labs was recognized by Binance as the most active investor and by Bybit as their top liquidity provider. Building on this momentum, DWF Labs is determined to…

Caitlyn Jenner’s recently launched Solana meme coin has dived 66% in price over the past 24 hours after the former Olympian announced a new token on Ethereum—this time with the goal of donating a share of fees to support Donald Trump’s presidential campaign efforts. Earlier this week, media personality Jenner announced her Solana meme coin JENNER, with many crypto observers initially assuming that her account had been hacked. But that wasn’t the case, and she was actually behind the project in tandem with crypto promoter Sahil Arora. Jenner claims that she didn’t have custody of any of the tokens and…

StegX, an all-inclusive platform for real estate investments, has partnered with NexeralD compliance forum for Web3. The strategic collaboration targets revolutionizing real estate investment for institutions via tokenized solutions with complete compliance, simplifying worldwide investment opportunities. StegX and NexeralD Partner to Enable Investment in Tokenized Real Estate The partnership pays significant attention to compliance with the strict regulatory standards for the evolving Web3 world. StegX operates as a prominent platform that offers real estate marketplace-related solutions to institutions. The company leverages distributed ledger technologies. With this, it enables matchless connections between expert asset management firms as tokenized assets concerning real…

A new study from the CEO of CryptoQuant provides interesting data on what is used as a P2P payment tool, challenging common perceptions when compared to Ethereum with respect to transaction fees. The data shows that the overall sense of far higher fees for executing transactions on Bitcoin was not entirely true from 2021 onwards with median costs to process a Bitcoin transaction at $0.40 and etherum’s current cost is highlighted as being more expensive than bitcoin by a factor ($0.68). The advantage with this fee structure is that for lower value transactions, such as in merchant situations where transaction…