Author: NBTC

Blockchain technology and artificial intelligence (AI) can be used to combat illicit activity, according to Nigeria’s Economic and Financial Crimes Commission (EFCC) chair, Olanipekun Olukoyede. The stakes are high for Africa. The continent loses a substantial $88.6 billion annually to illegal fund flows. According to The Guardian, Olukoyede expressed concern that these funds could be better utilized for essential infrastructure, healthcare, and education. A statement from the Commission’s spokesperson, Dele Oyewale, indicated that Olukoyede made this revelation in Tunis, Tunisia, during a keynote address at the Pan-African Conference on Illicit Financial Flows and Tax evasion. The conference brought together key…

In the world of Bitcoin, “whales” refer to addresses holding large amounts of . To be more precise, two types of whales have been behaving remarkably in the surroundings of $60,000. Therefore, it is logical to conclude that this price level has a special significance for Bitcoin as it has become a support point. “New whales” are described as addresses that have kept over 1,000 BTC for fewer than six months. They have bought BTC near $60,000 with a tight basis order. Institutional Influx: $60,000 as Critical Support Level for #Bitcoin“The behavior of these holders demonstrates a deep-seated confidence in…

With bitcoin exceeding $70,000 on Wednesday, the leading meme coins experienced notable increases over the last 24 hours. Shiba inu (SHIB) advanced 7.7% in the past day, while dogecoin (DOGE) rose 2.1%. Among the top five meme coins by market capitalization, floki (FLOKI) saw a 21.2% increase over the past day. However, BODEN emerged as Wednesday’s highest gainer, soaring 46%. Meme Coins BODEN, NPC, WOJAK, and FLOKI Capture Double-Digit Gains Current metrics indicate the meme coin market is up 4.6% against the U.S. dollar, valued at an estimated $68.78 billion. Four out of the top five meme coins by market…

One of the big players in the cryptocurrency wallet space – Coin98 has been making great strides and improving user experience when communicating with different blockchain networks. In its latest update, Coin98 has integrated X Layer, an innovative decentralized Ethereum Layer 2 solution, into both its Super Wallet and browser extension platforms. This strategic addition not only broadens the accessibility of Layer 2 solutions for its users but also cements Coin98’s commitment to facilitating seamless interactions across diverse blockchain ecosystems. Coin98 integrates @XLayerOfficial, connecting users to various Layer 2 Blockchain options.Update #Coin98 Super Wallet and start exploring today 👉 https://t.co/ZqQsRDm4MALearn…

Bitcoin’s recent surge past $50,000 marks a significant recovery milestone. The rally is fueled by increased institutional investment and mainstream acceptance. “This uptrend reflects a broader acceptance of crypto as a legitimate asset class,” noted a senior analyst at CoinMetrics. Explore the key drivers behind Bitcoin’s latest price surge and its implications for the cryptocurrency market. Renewed Investor Confidence and Institutional Interest Following a tumultuous period, Bitcoin’s rebound to over $50,000 has been powered by renewed investor confidence and a surge in institutional interest. Major corporations and traditional financial institutions are increasingly integrating cryptocurrencies into their operations and investment portfolios,…

Howdy! We at Lightspeed HQ have been talking lately about the smooth jazz that Slack plays when you sit alone in a huddle. Kind of soothing, no? I listened for a few minutes while newsletter-ing yesterday, and had a pretty good time (though it became reminiscent of elevator music after a while, I should note). Still, lonesome Slack huddles could be the backup plan if Spotify keeps jacking up its prices, which leads us into today’s main item: DePlan is trying to ease the subscription burden DePlan co-founder Serj Korj was sharing his screen with me when he pulled up…

Aerodrome, the primary trading and liquidity marketplace on the Base blockchain, is witnessing significant growth in its trading volume, particularly in its Slipstream pools. Next, the total trading volume of Slipstream is growing. It already took 64% of the volume of comparable pools, so leaving behind prominent rivals of Uniswap V3. Aerodrome Volume Dominance on @base 🛫Aerodrome’s Slipstream volume continues to increase against Uniswap V3. Slipstream now accounts for 64% of the volume across similar pools.veAERO voters receive 100% of the fees generated by trading volumes. pic.twitter.com/WjbYOIKqPM — Aerodrome (@AerodromeFi) June 29, 2024 Base Commits to Innovation without New Network…

As the most recent data provided by Santiment suggests, Bitcoin whales are currently distancing themselves from the market, with their activity plummeting towards 2024’s lows. Unfortunately, it could be an indicator of an upcoming surge of selling pressure if BTC stays relatively neutral. While Bitcoin’s 100+ BTC whale wallets continue to hold a high level of coins, totaling 11.79 million BTC, whale activity has dropped to its lowest level of 2024. There are currently 15,907 wallets holding at least 100 coins. Whenever the metric rises, we see a surge of renewed demand among whales, which should directly affect the performance…

Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in infrastructure. Additionally, Depins assist existing infrastructure in accommodating the ever-growing number of devices that require internet connectivity. Depins Can Help Telecom Companies Save Billions According to Carlos Lei Santos, co-founder and CEO at Uplink, decentralized physical infrastructure networks (depins) are poised to enhance internet connectivity without requiring billions of dollars to build infrastructure. Lei argues that this is particularly important now, as the existing physical infrastructure supporting connectivity…

zkSwap Finance, a prominent decentralized exchange on the L2 scaling solution zkSync, has recently announced another partnership. As per zkSwap Finance, it is collaborating with ThirdFi, the well-known protocol that offers Web3 infrastructure, to strengthen DeFi while focusing on interoperability. The platform took to its official account on the social media forum X to announce this development. zkSwap Finance 🤝 ThirdFi📚 FYI, @thirdfiorg is a legit #web3 infrastructure protocol, specializing in Modular #AI for #DeFi and #Data2Earn. https://t.co/bCzUZn7yMS — zkSwap Finance (@zkSwap_finance) July 2, 2024 zkSwap Finance and ThirdFi Collaborate to Expand the DeFi Sector In its social media post,…