Author: NBTC

Recently, Nanon, a pioneering blockchain platform designed specifically for Web3 gaming, has taken a significant step forward by forming a strategic alliance with XSTAR. This collaboration marks a significant development in the gaming sector, aiming to integrate cutting-edge technologies to redefine how games are played and experienced. Nanon, known for its modular blockchain infrastructure, has been at the forefront of addressing the specific needs of the gaming community. This platform provides developers with the tools necessary to create decentralized games that are not only fun but also secure and scalable. By leveraging its unique capabilities, Nanon has created an ecosystem…

Today, Outlier Ventures, a leading global Web3 accelerator, and peaq, the layer-1 blockchain for DePIN and Machine RWAs, announced the six teams selected to participate in the DePIN Base Camp accelerator program. These teams will receive investments from Borderless Capital. It is a top venture capital firm in the DePIN space. DePIN Base Camp Boosts Wireless Network Optimization and Cybersecurity Currently, the DePIN Base Camp has selected six first-round startups that develop products in the IoT hardware networks, decentralized computing and AI, wireless network optimization, cybersecurity, digital twin technology, and cloud gaming and Metaverse. AYDO is improving DePIN protocols through…

The basic laws of supply and demand determine the price action of any asset, including Bitcoin. When supply exceeds demand, the asset’s price tends to decline. Conversely, when demand outstrips supply, the price usually rises. These same principles apply to cryptocurrencies, and on-chain metrics can provide valuable insights into Bitcoin holders’ behavior. The Impact of Heightened Profit-Taking When analyzing a Bitcoin bull market over the long term, the price movement typically exhibits significant upward volatility, mixed with periods of corrections and consolidation. Most investors know that financial markets do not consistently rise, leading to a dynamic interplay between supply and…

The EU’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules are scheduled to take effect in just over one week. However, Berlin-based RWA tokenization platform Swarm Markets has identified a potential solution by issuing a gold-backed NFT as an asset-backed token. Swarm Markets intends to enable individuals to acquire NFTs, which represent tangible gold ownership. There will be a London-based Brink’s vault where the gold bars that support the tokenized assets will be stored. Swarm’s decentralized over-the-counter (dOTC) platform will enable users to exchange NFTs on a peer-to-peer basis. This is following a know-your-customer (KYC) formality, along with an anti-money laundering…

Crypto products experienced their second week of outflows, with a total of $584 million leaving the market last week and a total of $1.2 billion. According to asset management firm CoinShares, this is a likely reaction to the “pessimism amongst investors for the prospect interest rate cuts by the FED this year.” Bitcoin (BTC) was the primary target of the outflow, with $630 million withdrawn last week. Despite the negative sentiment, investors have not increased short positions in BTC, which saw outflows of $1.2 million. On the altcoins side, Ethereum (ETH) also faced a downturn, with outflows of $58 million.…

Orderly Network has just announced an upgrade to its Ethereum Virtual Machine (EVM) platform. It brings several new features and improvements. Mainly this upgrade has covered the significant features like trading stability, effectiveness and bid levels for the specific orders. We just upgraded our EVM Platform! 🚀Some of the upgrades include the following:✅ Support bid/ask level for bid/ask orders✅ Support post_only_adjust for post_only orders✅ Enhanced Fee Split Service – now handles 4x more trades✅ Accelerated Deposit Process pic.twitter.com/52o7Zx56SI — Orderly Network (@OrderlyNetwork) June 25, 2024 Orderly Network Enhances Bid/Ask Levels for Accurate Orders Among them, an enhancement to the bid/ask…

Though the road has been rocky, with the 12 months starting in May 2022 being particularly dark for the industry, cryptocurrencies have, nonetheless, shown their resilience and continued their integration with the global financial systems. So far, 2024 is proving to be a particularly eventful year given that it started with the approval of the U.S.’ first-ever spot Bitcoin (BTC) exchange-traded funds (ETFs) – instruments that have already done much to expand investors’ exposure to the crypto market. Bitcoin adoption is also evident in another statistic – the number of addresses that hold at least $1 worth of the coin.…

Bundesbank chief Joachim Nagel says no decision has been made thus far regarding holding limits for a digital euro. The European bloc has yet to determine the parameters of holding limits for a potential digital euro, as Bundesbank president Joachim Nagel indicated that no final decision has been made so far. During his speech in Rome, Nagel said no consensus on this matter has been found, adding that “the jury is still out here,” as per a Bloomberg report. The Bundesbank president went on to say that initially, economists at the European Central Bank (ECB) suggested that a holding limit…

There is always a popular saying that diamonds are a lady’s best friend(s). But there’s an investor, a phenomenal ‘’the diamonds’’ have been recorded to have been lucrative. This particular person’s identity is undisclosed. However, in this article, I will be taking you through the power of conviction, calculated risk and timing, lessons to be learned, and a few other perks. In January and April, an investor with an unwavering belief bought a total of 90.23 million $GME shares for $53,500. Within the long term when these shares were held it skyrocketed in value, currently holding a cool price of…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With only 0.5% of the global population using blockchain technology, blockchain’s notoriously poor user experience (UX) remains a major bottleneck to adoption. However, a transformative solution is emerging: account abstraction, a design philosophy that drastically simplifies how users interact with blockchain ecosystems, making complex and foreign processes more familiar. You might also like: Web3 adoption would be impossible without intuitive UX and convenience | Opinion This approach dates back to 2016 and has taken root across Ethereum,…