Author: NBTC

Shemaroo has recently formed a new partnership with GMetri, which is essentially an extension of its metaverse platform, ShemarooVerse, in the AI gaming sector. It will be accountable for the introduction of IP-oriented games to the Web3 arena. Shemaroo Entertainment has disclosed that ShemarooVerse will feature games that are inspired by the highly sought-after Bollywood movies like Jab We Met, Golmaal, Disco Dancer, Amar Akbar Anthony, and a variety of others. IP-oriented games employ artificial intelligence to offer devotees a surreal experience within the metaverse. The Metaverse’s acceptability is on the rise, and as a result, additional films will be…

The industry-leading brand of DOGE and Litecoin mining machines announced a new product line at the recent Mining Disrupt 2024 conference. FoundationLogic, the fabless semiconductor design company behind high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miners, took center stage at Mining Disrupt 2024 in Miami, Florida, held from 24-26 June. At the event, FoundationLogic unveiled its new product line for silent home miners. Like the pro ElphaPex DG 1/DG 1+ models, the new device, dubbed ElphaPex DG Home 1, is powered by the Proof-of-Work (PoW) Scrypt algorithm, offering dual DOGE and LTC rewards. Designed for a new era of home…

ZK Sync has a new name but also fresh details about its expanding constellation of connected chains. What were once known as Hyperchains has, following a trademark collision, been rebranded to the Elastic Chain, in conjunction with the ZKsync 3.0 network upgrade last month. This network aims to address the challenges of liquidity fragmentation and frustrating user experiences that have plagued multichain ecosystems. ZK rollups built on the ZK Stack are set to gain native, trust-minimized, and low-cost interoperability, according to a ZK Sync blog post. Read more: zkSync welcomes AI data warehouse as latest addition to hyperchain The core…

Bitcoin and altcoins turned green again with the release of US inflation data. While BTC rose above $66,000, altcoins also experienced significant increases reaching double digits. At this point, Fantom (FTM) is at the top with a 24.2% increase in the last 24 hours, while the mem token Book Of Meme (BOME) is in second place with a 22.7% increase; Sei (SEI) ranked third with an increase of 19.4%. While this mobility in Bitcoin caused option investors to increase their expectations, QCP Capital analysts made a new analysis about BTC. Stating that the US CPI data triggered the rise in…

iZUMi Finance has integrated with Core to enhance Bitcoin DeFi capabilities. iZUMi Finance is a leading DeFi protocol offering One-Stop Liquidity as a Service (LaaS) across multiple blockchains. This partnership is set to provide Core users with efficient and secure liquidity services. It also aims to enrich their decentralized finance experience. The most recent builders integrating with Core – @izumi_Finance – are here to boost BTCfi🔶Get to know them👇 https://t.co/6PpD39Jh3W — Core DAO 🔶 (@Coredao_Org) July 3, 2024 Core Users Gain Access to iZUMi Finance’s DeFi Services Compared to other DeFi platforms, iZUMi Finance stands out clearly as it offers…

Spot ETFs to have a bigger impact on crypto market price action, the report said. Canaccord noted that institutional adoption of crypto is still growing with more than half of the world’s largest hedge funds now trading or holding spot bitcoin ETFs. Ether spot ETFs should help broaden institutional appetite for other digital assets, the broker said. The approval of bitcoin (BTC) and ether (ETH) spot exchange-traded funds (ETFs) is encouraging and while digital assets underperformed traditional assets in the second quarter, potential ETF inflows could reverse the recent trend, broker Canaccord Genuity said in a quarterly report on Sunday.…

Key Points: To address the sybil problem thoroughly, the LayerZero sybil check can take up to two months. LayerZero partners with blockchain analytics firm Nansen to refine AI detection methods for future airdrops, including one from their partner zkSync. Co-founder and CEO of LayerZero Bryan Pellegrino expressed his hope that he will have an additional two months to complete the LayerZero sybil check. LayerZero Sybil Check Is Thoroughly Conducted Although he is certain they may receive additional airdrops, he had to give up on analyzing certain very evident huge sybil clusters with thousands of addresses owing to time constraints. These…

Leading crypto payments company Ripple submits a supplemental authority in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The new filing relates to the latest court decision in the SEC v. Binance lawsuit, in which the court denied and granted in part the exchange’s motion to dismiss the SEC’s charges that certain digital asset sales constitute investment contracts. Binance Judge Observation The payments company pointed out that the Binance judge followed the summary judgment reasoning in the SEC v. Ripple case, applying the decision to the secondary market sales of BNB, one of the assets at issue.…

Helius Labs CEO Mert Mumtaz recently set crypto Twitter ablaze with a series of tweets about Solana’s new ZK compression technology. His take on this tech advancement has got the crypto community talking. Unpacking Mumtaz’s Crypto Tweets thanks a lot for nuking my entire net-worth, zk compression disgusting evil technology that should have never been created pic.twitter.com/YLk0z4dZZ1 — mert | helius | hSOL (@0xMert_) July 4, 2024 In his tweets, Mumtaz jokingly blamed ZK Compression for some pretty dramatic effects. He stated that ZK compression was nuking his entire net worth. He also called it a disgusting, evil technology and…

Bitcoin’s price could reach $74,000 in the coming weeks amid softer U.S. inflation figures and institutional demand, which favors riskier assets. Large asset managers like Millennium and Schonfeld have invested in bitcoin spot ETFs, indicating growing institutional interest. Selling pressure from short-term is easing, some on-chain analysts said in a Thursday report. Bullish sentiment for riskier assets following soft inflation figures could propel bitcoin (BTC) prices toward the $74,000 mark in the coming days as institutional demand continues to grow, Singapore-based QCP Capital said in a note early Thursday. The softer-than-expected U.S. Consumer Price Index (CPI) rose 0.3% versus 0.4%…