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.
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,…
Pixels has been one of the hottest crypto games all year, with its late 2023 migration to Ethereum gaming network Ronin and February’s token launch propelling the social farming game in front of millions of players. And now the developers are exploring other games in the same universe. In a recent interview around the Pixels Chapter 2 gameplay launch, founder Luke Barwikowski shared with Decrypt’s GG that the studio is working on other games in the Pixels universe, and that it is teaming up with external developers to explore those franchise expansions. Barwikowski said that his internal team, which numbers…
According to the latest research, the blockchain emerges as a key technology in mitigating the possible negative effects of AI applications. Artificial intelligence has indeed revolutionized numerous sectors, but it has also raised doubts about ethical issues, data security, and transparency. Just like the blockchain, crypto also represents an essential complement to artificial intelligence, offering new perspectives for innovation and security in the digital age. Let’s see all the details below. How blockchain can mitigate the negative impacts of AI apps Identity verification and secure transactions Governance of artificial intelligence agents How blockchain can mitigate the negative impacts of AI…
Ripple president Monica Long said the XRP issuer is likely to enter the $161 billion stablecoin market before the end of the year. The stablecoin market is growing in leaps and bounds as experts predict a multi-trillion ecosystem for U.S. dollar-pegged tokens in the next three to five years, Ripple’s Long stated in an interview with CNBC at Money 20/20 in Amsterdam. According to Ripple’s president, the stablecoin market is primarily driven by demand for access to U.S. dollars and an efficient global fiat-denominated payment system powered by blockchain technology. “We are currently focused on everything needed to bring a…
Alaska Gold Rush integrates Chainlink CCIP for secure cross-chain token transfers. Chainlink CCIP provides unparalleled security and scalability for Alaska Gold Rush’s CARAT token. Alaska Gold Rush has announced the integration of Chainlink CCIP, the industry standard for safe cross-chain interoperability, between the BNB Chain and Polygon mainnets. Alaska Gold Rush wants to make their in-game token, CARAT, transferable across chains by using CCIP’s arbitrary messaging feature. Chainlink BUILD project @alaska_game has integrated #Chainlink CCIP on @BNBCHAIN and @0xPolygon. How CCIP enables secure cross-chain CARAT transfers for Alaska Gold Rush ⬇️https://t.co/ByJXZLkKFM — Chainlink (@chainlink) June 28, 2024 Why Chainlink CCIP?…
Bitcoin struggles to maintain the key support level at $65,390. Maintaining the level above $65,390 is crucial for the bull run to continue. Bitcoin (BTC) price is experiencing pressure to maintain the key support level at $65,390. It is crucial for the price to remain above this support level to sustain the bullish trend, which targets the $70,000 level. It is essential to maintain this support level for the continuation of the upward movement; if the price falls below the $65,390 support level, it may signal a potential downward trend and bring in further risk, likely triggering a new bearish…
Key Points: Sanctum token, CLOUD, has a total supply of 1 billion, 30% reserved for the community. Sanctum CLOUD Airdrop accounts for 10% of the total supply. CLOUD tokens are integral to governance and capital control functions. Sanctum introduces its token economic model, CLOUD, with a total of 1 billion supply. The Sanctum CLOUD Airdrop includes 10% of total supply, with unique claiming mechanics. FP Lee, the team behind the Solana ecosystem LST protocol Sanctum, has introduced the Sanctum token’s token economic model, CLOUD. CLOUD’s total supply amounts to 1 billion, with an initial circulating supply of 180 million, which…
Ripple Partner Visa and Pyypl Form a Strategic Partnership to Fuel Financial Inclusion in MEA
Pyypl and Visa are joining forces to bring digital and physical prepaid Visa cards to facilitate financial inclusion in MEA. The partnership seeks to democratize financial services across 850 million smartphone users to drive the digital economy. The integration of Ripple’s blockchain shows a turn for secure and innovative financial solutions in MEA. Fintech firm Pyypl, has teamed up with Visa to bring digital and physical prepaid Visa cards across the Middle East and Africa region. The current partnership will increase financial inclusion in the area. Pyypl plans to add Visa cards into its mobile app, seeking to advance access…