Author: NBTC

Oasis, a privacy layer dealing with artificial intelligence and Web3, has announced a new project. As per the platform, it is unveiling a unique framework ‘ROFL’ to provide computing support concerning off-chain mechanisms to runtimes such as Oasis Sapphire. The company took to social media to offer details of this endeavor. Oasis Unveils a Unique Framework called ‘ROFL’ for Improved Off-Chain Computing Support In its latest series of X posts, Oasis mentioned that the platform intends to start decentralized AI. For this purpose, it is reportedly creating ROFL. Blockchains are innovative in their capability to offer trustless computation. Nonetheless, the…

The recent plunge in Bitcoin’s (BTC) price has had a devastating impact on long position holders. The sudden fall in BTC price last week triggered the largest liquidation event in over a year, according to a CryptoQuant analyst. The dramatic decline has caused significant financial losses for investors who had bet on Bitcoin’s price rise. Market crush triggers massive long liquidations“The recent $BTC price plunge has been devastating for long position holders. As you can see, the size of the long liquidation is by far the largest for the last year.” – By @marketmakercopy Link 👇https://t.co/xFKl5iyOrC pic.twitter.com/UNhebMTND3 — CryptoQuant.com (@cryptoquant_com)…

As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market capitalization of $10.6 billion. This exceptional rise comes with an even more outstanding rise in daily turnover, with a 132% increase to $850M. Chainlink is enjoying increased positive sentiment as it finds strong support at critical points. Analysts expect it to grow by between 150% to 300% within the next…

European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion. On Monday evening, lawyers for Northern Data filed a motion to dismiss the federal case, calling it a “textbook example of bad faith litigation” and alleging that the two plaintiffs – Gulsen Kama and Joshua Porter – had “unproductive, brief tenures at the company” after which Kama was fired for cause and Porter was laid off for his “lack of productivity”…

Speed Markets, powered by Thales Protocol, has evolved into a robust Account Abstraction dApp, marking a significant milestone not only for Thales but for the decentralized application space at large. Since launching in August 2023, Speed Markets has attracted over 1,800 users and facilitated 44,000 markets across five chains, demonstrating the platform’s wide-reaching appeal and functionality. Optimism leads these chains with $1.5 million in trading volume, evidencing the community’s preference for its fast, low-cost operations. Better to rely on the fastest oracle to build your speed markets 🏎️@thales_io released its dedicated Speed Market dApp, one of the world’s first onchain…

The German government continues to sell Bitcoins in its wallet despite the major drops in the Bitcoin price. According to data from blockchain analysis firm Arkham, Germany transferred hundreds of millions of dollars worth of Bitcoin today. German Government Continues Bitcoin Sales! According to Arkham data, a German government address transferred approximately 3,133 BTC ($170 million) to crypto exchanges and crypto market makers in the last hour. The transfers include 300 BTC ($17.13 million) each to Coinbase and Bitstamp exchanges and 1,000 BTC ($57.08 million) to market maker Flow Traders. Additionally, he sent 250 BTC worth $14.29 million to an…

Caitlyn Jenner launched her JENNER Solana meme coin on Sunday through Pump.fun. Now, two days later, the Olympic gold medalist is claiming Sahil Arora, the promoter she worked with, owes her “lots of money.” Decrypt reported that Arora helped launch the meme coin on Monday, Jenner got in touch to say that the crypto promoter owed her a lot of money. “He has gone radio silent after showing a couple of wire transfers,” Jenner told Decrypt. But she didn’t stop there. Not long after she sent the message, she made her thoughts on Arora public. “FUCK SAHIL! He scammed us!…

Failed cryptocurrency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement and are awaiting approval of the deal by a judge in Delaware. The two sides had been in negotiations for several months, as revealed in a court document filed July 12 in the U.S. Bankruptcy Court for the District of Delaware. The proposed settlement is a key component of the debtors’ proposed Chapter 11 reorganization plan. The agreement aims to resolve ongoing litigation and disputes with one of the debtors’ largest creditors. It also aims to avoid the cost and delay…

Yesterday, on July 17th, TLXFi, the custodial leveraged token platform, officially integrated the powerful Chainlink automation and price feeds on the Optimism network. This is an important integration, as by automating processes, developers save on setup and maintenance costs and avoid the risks associated with centralized automation systems. .@TLX_FI has integrated #Chainlink Automation and Price Feeds on @Optimism.TLX is using Chainlink to enhance security and automatically rebalance tokens for its protocol. pic.twitter.com/1JxF8zL621 — Chainlink (@chainlink) July 17, 2024 Optimism serves as the foundation for TLXFi, which is a permissionless, non-custodial leveraged token platform. Additionally, it lets users create leveraged tokens…

Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a recent downtrend from $58,441 to $54,296, followed by a sharp recovery to approximately $57,500. The support level is firmly established at $54,296, while resistance is noted at $58,441. A significant increase in trading volume during the upward movement suggests strong buying interest at lower levels, indicating a potential short-term rally. BTC/USD daily chart on July 8, 2024. On the 4-hour chart, bitcoin has experienced a notable…