Author: NBTC

The market value of many NFTs has literally plummeted from the peaks of 2021/2022, but the CEO of SuperRare is not having it. Recently John Crain lashed out against an article that declared NFTs dead, even though it said they are completely changing. The collapse of the value of NFTs: the CEO of SuperRare comments Are NFTs dead? The comment of the CEO of SuperRare on the collapse of the value of the NFT market The change The Real World Asset (RWA) Speculation The collapse of the value of NFTs: the CEO of SuperRare comments The NFT market exploded during…

Flux, renowned for pioneering the decentralized computing arena, has made significant strides with the latest update to its FluxOS. The update to version 5.14.0, announced today on social media, X, includes substantial improvements expected to simplify operations while making using the network more economically efficient. This is not a normal update as the release forms a milestone in optimizing the decentralized computing functions to fit for a large global user base. As decentralized technologies transform numerous sectors, Flux reads this with a line of excellence to improve user experience and performance. Today’s update aims to address this, with a number…

Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This week, the leading top five blockchains for NFT sales were Ethereum, Polygon, Bitcoin, Solana, and Mythos. Of the $101.46 million generated, Ethereum led with $32.42 million in digital collectible sales, despite an 11.55% decline in ETH-based NFT sales. Polygon saw a 42.92% increase this week, reaching $22.19 million, while Bitcoin garnered $17.87 million, up 1.55%. The top-selling NFT…

KuCoin, a leading international cryptocurrency exchange, has officially declared its backing for BRETT (BRETT), a fast-growing meme-based crypto initiative. The announcement came through KuCoin’s official website and social media accounts, confirming that BRETT is now available for spot trading on the platform. 📢 New Listing@BasedBrett $BRETT Gets Listed on #KuCoin! 💎Pair: BRETT/USDT💎Deposit: now open (network: BASE-ERC20)💎Trading: 9:00 on June 6, 2024 (UTC) — KuCoin (@kucoincom) June 6, 2024 KuCoin expressed enthusiasm about incorporating the BRETT token into its spot trading offerings, acknowledging the project’s notable potential. KuCoin now facilitates the deposit of BRETT tokens via the compatible BASE-ERC20 network. Significantly,…

According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto asset’s current circulating supply. Besides Grayscale’s Pre-Existing Fund, Blackrock’s IBIT Leads New Bitcoin ETFs With 276,190 Bitcoin Since Jan. 12, 2024, the new spot bitcoin ETFs have amassed a notable amount of bitcoin. These ten funds have gathered 548,556.62 BTC, valued at $36.71 billion. Additionally, Grayscale’s GBTC transitioned from being exclusively over-the-counter (OTC) to a publicly traded…

Today, the crypto space erupted with intrigue following the transfer of a whopping 310 million Dogecoin (DOGE), valued at $51.07 million. Whale Alert data revealed the movement from the address “DEgDV” to “DDuXG,” igniting speculation within the popular meme cryptocurrency community. What’s catching everyone’s attention is the potential tie to Robinhood, the U.S.-based brokerage giant. Sources suggest that the sender’s address, holding 30.97 billion DOGE, worth $5.07 billion, could be linked to Robinhood. Meanwhile, the recipient address now holds 2.14 billion DOGE, valued at $350 million. This transfer coincides with Robinhood’s recent announcement of its plans to acquire Bitstamp, an…

Ava Protocol, a Web3 automation platform, has acquired Openstory, a leading data streaming platform specializing in on-chain data and analytics, according to the latest updates shared with Finbold on June 26. The integration of Openstory will significantly boost Ava Protocol’s ability to deliver precise insights into Ethereum Virtual Machine (EVM) chain activities via real-time data streaming and analytic capabilities. Coupled with several key appointments, the acquisition is another major milestone in Ava Protocol’s expansion. Enhancing blockchain application performance According to Ava Protocol, the acquisition will improve decision-making, scalability, and performance for blockchain apps using its autonomous transaction infrastructure. Chris Li,…

As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and associated with these tangible assets. 18,741 of Mike Caldwell’s Casascius Coins Still Remain Unpeeled In the early days, Mike Caldwell minted nearly 28,000 physical coins and bars, integrating digital BTC with these assets. In 2011, he devised a method to attach bitcoin (BTC) to physical items by creating coins and bars made of brass, silver, or gold-plated metal, featuring intricate designs and the Bitcoin logo.…

Key Points: Taiko permissionless sequencing and proving was introduced to boost decentralization. Users worldwide can now independently participate in block sequencing and verification on Taiko, reducing centralization risks. Taiko’s main net launch and token distribution signal a major stride in Ethereum’s scalability solutions. Ethereum Layer 2 project Taiko has achieved a significant milestone with its mainnet launch and token release, emerging permissionless sequencing, and proving in the rollup space. Read More: Taiko Review: Potential zkEVM Solution With High Compatibility Taiko Permissionless Sequencing and Proving Launched Taiko permissionless sequencing allows decentralized block sequencing by anyone, a departure from other rollups reliant…

Oku Trades has announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into its platform. This strategic move is set to redefine the security standards for token transfers across different blockchains, providing users with a more robust and seamless trading experience. Oku Trades, which has built a reputation as a forward-thinking solution to streamline cryptocurrency transactions, will now make it possible for users to seamlessly route their token transfers through CCIP by selecting “Chainlink” as their pathway of choice in the bridging interface. The process of transfer is made more secure by participants who can specifically name their source and…