Author: NBTC

Bybit, one of the top three cryptocurrency exchanges by volume, teamed up with the Blockchain for Good Alliance to host a live stream for the Web3 WAGMI Race: Who’s Gonna Make It? event, as per the latest information shared with Finbold on June 13. The event featured distinguished speakers from Animoca Brands, Solana Foundation, Aptos (APT), Sei (SEIC), Taiko, and ConscienceLAND. Discussing the future of Web3 Key figures from the Web3 sphere were brought together to form three debating teams: Team DeFi, Team Real-World, and Team Chains. Each team offered profound insights and expert predictions on the trajectory of blockchain…

The blocksize war, a contentious debate within the Bitcoin (BTC) community, led to a chain split in 2017 and remains relevant seven years later. In particular, the dispute centered around whether to increase the block size limit from 1 MB to accommodate more transactions. This split resulted in the creation of Bitcoin Cash (BCH), a separate cryptocurrency with a larger block size. In a recent blog post, Vitalik Buterin, the creator of Ethereum (ETH), shared his reflections on the blocksize war. Buterin, who recently finished reading two books presenting opposing perspectives on the conflict, offered his unique insights into the…

Last week, Cardano released Hydra v.0.16.0, the latest version of the scaling solution that supports cardano-node v.8.9.0 and the corresponding Conway block format. Other developments included a new version of the Lace wallet, while the Mithril team furthered its work in scaling the signature and proof generation for the mainnet. The Cardano ecosystem continues to develop and improve and as the latest weekly development report reveals, there were new releases to the Hydra scaling solution and the Lace Web3 wallet, as well as continued development and testing on multiple other products. Last week, the Hydra team released Hydra v.0.16.0. The…

Supra, a fully integrated Layer-1 blockchain platform, has announced the launch of its inaugural contest, the Super dApp Showdown, as per the most recent updates shared with Finbold on June 13. Set to begin in August 2024, the contest aims to spotlight innovative decentralized applications (dApps), or Super dApps, created by top blockchain developers. A panel of judges, including representatives from Supra, Google Cloud, Republic Crypto, and Hashkey Capital, will evaluate the entries. The Super dApp Showdown The Super dApp Showdown invites developers to build on Supra’s Layer-1 network boasting Multi-VM support, in-protocol oracles, verifiable random function (VRF), bridges, and…

Former President Donald Trump became the first American leader to accept Bitcoin Lightning Network payments for campaign donations. The Trump campaign partnered with OpenNode, a leading Bitcoin and Lightning Network infrastructure provider, to make these donations. Trump supporters can now contribute to Trump’s 2024 presidential campaign using Bitcoin via the Lightning Network, a technology designed to enable fast and low-cost transactions. “OpenNode is proud to partner with Anedot to bring Bitcoin into the political donation process,” OpenNode said in a statement to Bitcoin Magazine. “This is the perfect combination of OpenNode’s leading Bitcoin technology stack and Anedot’s robust platform for…

General Updates Neo had a footprint at Paris Blockchain Week, with founder Da Hongfei delivering a presentation about recent advancements in Layer 1 and Layer 2 blockchains, and predicting the evolving trends in blockchain technology. Additionally, t-shirts embedded with ITEM Systems non-fungible item chips were given away at the Neo booth. Participants could express their artistic flair by customizing the shirt with fabric markers and assigning on-chain traits such as a photo and artist name to its digital counterpart. AxLabs shared a tweet thread about the Neo booth at Paris Blockchain Week, showcasing the booth’s setup, visitors’ activity, and the…

DOMANI adopts Chainlink CCIP and price feeds to initiate cross-chain bridging of their DEXTF token, allow calculated transformations, and exhibit USD value balances. Chainlink will be responsible for releasing institutional use cases for their protocol. DOMANI, on its part, is an assets-controlling protocol that strengthens an individual’s capacity for minting, trading, retrieving, and offering liquidity on non-custodial tokenized collectibles. Its framework allows the building of online conventional funds. DOMANI is known to serve the prime banking sector and financial bodies as an online asset-controlling framework offeror. The company is honing in on CCIP due to its high-end safety and dependability…

A closely followed crypto analyst says that one under-the-radar indicator is hinting at a sudden Bitcoin (BTC) rally to new all-time highs. In a new video update, crypto strategist Jason Pizzino tells his 328,000 YouTube subscribers that the top crypto asset by market cap has historically made “stealth moves” to the upside when its average true range (ATR) indicator reaches a local low while price continues to consolidate or put in higher lows. According to the analyst, if the crypto king can maintain a daily trading range average of between $1,500 and $2,000 while staying above the $56,000 to $60,000…

EOS has introduced Wrapped RAM (WRAM), a significant step in tokenizing real-world assets (RWAs) within its ecosystem. This new development aims to enhance the liquidity and accessibility of Random Access Memory (RAM), a crucial but finite resource on the EOS platform. EOS’ Wrapped RAM to Transform Markets RAM is vital for the operation of decentralized applications (dApps) and the execution of transactions on the EOS blockchain. Traditionally, managing and trading RAM within the EOS system required direct interactions through the network’s Bancor Automated Market Maker (AMM). The creation of WRAM offers a solution that enables off-chain trading and broader market…

Tuum Technologies enhances MetaMask with Identity Snap for DIDs and VCs on Hedera, promoting self-sovereign identity. The integration aims to foster broad adoption and streamline identity management across the blockchain ecosystem. According to the latest Ecosystem News from the HBAR Foundation, there’s been a groundbreaking development on the Hedera network, marking a significant advancement within the blockchain sector. Tuum Technologies has announced the integration of Identity Snap with MetaMask, targeting developers who are keen on developing Digital Identifiers (DIDs) and Verifiable Credentials (VCs) on the Hedera network. This collaboration represents a major step forward in promoting the concept of self-sovereign…