Author: NBTC

Crust Network has announced the official launch of the EthDA Testnet. EthDA enhances Data Availability (DA) for Ethereum Layer 2 (L2) solutions. It also reduces costs and congestion using EIP-4844. This new testnet is set to significantly improve the efficiency and scalability of Ethereum’s ecosystem. 🎉We’re thrilled to announce the official launch of the EthDA Testnet! EthDA enhances #DataAvailability (DA) for Ethereum L2s, reducing costs and congestion with EIP-4844. Dive in and explore seamless DA solutions⬇️ pic.twitter.com/M8DjhJ4kJc — Crust Network (@CrustNetwork) June 28, 2024 EthDA Tackles High Gas Prices and Congestion on Ethereum L1 EthDA aims at developing a strong…

As traditional fiat currencies face the specter of inflation due to various economic factors, alternative assets like Bitcoin (BTC) have gained increasing attention as potential hedges against this phenomenon. But can Bitcoin hedge against inflation? In this article, we’ll delve into the dynamics of inflation, explore how Bitcoin operates in this context, and evaluate its effectiveness as a hedge against inflationary pressures. What is inflation? Before we dive into the role of Bitcoin, it’s essential to grasp the concept of inflation. Inflation refers to the rate at which the general level of prices for goods and services is rising, leading…

Singapore, Singapore, June 5th, 2024, Chainwire Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology. More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading…

Trident3 has recently integrated the peer-to-peer digital identity solution T3id with LayerZero. This collaboration will let users quickly identify themselves across over 70 blockchains connected through LayerZero’s infrastructure. “Peer-to-peer identity verification simply means I can verify who is on the other end of a transaction, or I can verify I’m getting an email from an entity, and I am only opening that because it’s been verified that it’s really that entity,” shared Steve Goldstein, CEO at Trident3, with Crypto Briefing. “And then when you layer in our data solution, the benefit of this partnership with LayerZero is the 70-plus blockchains…

Leading on-chain analyst James Check, popularly known as Checkmatey, has recently delved into the intricacies of Bitcoin’s market dynamics, offering a detailed on-chain data analysis that sheds light on the forces driving Bitcoin prices. His latest insights highlight a period he describes as “Quiet and Trending,” suggesting a robust underpinning despite significant sell-side pressures and shifts in volatility. Bitcoin Follows The Stair-Stepping Rally-Consolidation-Rally Pattern Since December, Bitcoin has experienced substantial sell-side pressure, with over 1.5 million BTC being sold. “Around 30% of this came out of GBTC, but the rest of it was good old fashioned profit taking,” Check explains.Despite…

NEO, frequently called “China’s Ethereum,” is a robust software network that facilitates the development of decentralized applications (dApps) and services. With its support for multiple programming languages and unique consensus mechanism, NEO stands out in the blockchain space. This article delves into what NEO offers and guides potential investors on how to buy NEO with Turkish Lira (TRY). Contents hide 1 What is NEO (NEO)? 2 How to Buy NEO (NEO) with TRY? 3 Key Insights for Users 4 Conclusion What is NEO (NEO)? NEO is a multifaceted software network that enables the creation and trading of decentralized products and…

The second quarter in crypto was marked by Bitcoin (BTC) and Ethereum (ETH) trending down, BTC miners selling their reserves at a rapid pace, and layer-2 blockchains activity leaping four times, according to IntoTheBlock’s “On-chain Insights” newsletter. Bitcoin’s price fell by 12.8% following its fourth halving on April 20, and an anticipated price surge caused by a supply shock did not materialize. IntoTheBlock analysts shared that this is likely due to long-term holders taking profits in 2024. Image: IntoTheBlock Moreover, miners have offloaded over 30,000 BTC in June alone, which amounts to near $2 billion. Again, the halving could be…

The official marketing expert of the SHIB developer team, Lucie, has published two posts on her X account, both of which are notable and of major importance. One of them was Lucie’s warning to those crypto community members who continue to show hatred and FUD (“fear, uncertainty, doubt”) against SHIB and Shibarium. She also published an important recap of the key achievements the project has made so far this year. SHIB team’s response to haters Lucie issued a tweet, addressing those who keep directing critiques and FUD at the SHIB team and its products. She assured followers that SHIB is…

Every third Web3 user plays crypto games. In May 2024, the number of daily unique active wallets in GameFi exceeded 3 million, setting a new all-time high. As blockchain games amass new audiences, the existing infrastructure becomes insufficient, and projects devise new dedicated solutions that take scalability to new heights. This way, the GameFi industry has become one of the primary growth drivers of Layer-2 and Layer-3 solutions. Introduction GameFi, the blockchain gaming world has quickly emerged as one of the essential sectors in Web3 with a third of users who now play crypto games. This has risen sharply as…

Base, a famous Ethereum L2 chain offering a cost-effective, secure, and developer-friendly environment for on-chain development, has announced a new move. As per the company, it has effectively executed the Multi-Chain Prep update to reach near the establishment of a Superchain with interoperability. The platform revealed this endeavor on its official social media account on X. Today, we implemented the Multi-Chain Prep upgrade that takes us one step closer to an interoperable SuperchainChains that have completed this upgrade will all run the same code under the hood, enabling consistent upgrades and strengthening securityhttps://t.co/cbLf4OI9jA — Base (@base) June 28, 2024 Base…