Author: NBTC

Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic need to transact, Mizrahi emphasizes that establishing consensus among nodes should not be the sole goal. Many Dapps Rely on Centralized Services However, despite this being the stated objective of many blockchain projects, Alex Mizrahi, co-founder of Chromaway disclosed that numerous decentralized applications (dapps) actually “rely on centralized services to fetch, index, and verify data.” He also asserts that very few…

As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading volume of $28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility. The convergence of moving averages and oscillators signals a strong upward momentum. Bitcoin Bitcoin’s hourly chart shows a recent recovery from $64,598 to $66,766, with significant volume spikes during price movements, indicating strong market participation. Key support is found between $65,500 and $65,700, with resistance around $66,700 to $67,000. This consolidation pattern highlights a potential for…

Key Points: The Starknet Foundation DeFi Spring 2.0 has been supplemented with 50 million STRK to the, raising the total budget to 90 million STRK. Starknet Foundation appointed a DeFi Committee to drive DeFi growth, with plans to distribute 40 million STRK over six to eight months to participating protocols. The DeFi Committee will distribute STRK every two weeks based on performance metrics. The Starknet Foundation recently announced an additional allocation of 50 million STRK to the DeFi Spring 2.0 package on platform X. Read more: Top 5 DeFi Projects On StarkNet Starknet Foundation DeFi Spring 2.0 Funding Gets a…

The anticipation is palpable among Ethereum ETF candidates eagerly awaiting approval from the U.S. Securities and Exchange Commission (SEC). The exact timeline for the launch of US spot Ethereum ETFs remains unclear, but the process appears to be in its final stages. Last week, issuers filed changes to their ETH ETF registration statements in response to the SEC’s proposed regulations. This follows the SEC’s formal approval last month of 19b-4 proposals from exchanges where ETH funds will be listed. The SEC works closely with issuers on registration statements, also known as S-1s. Completing this process, which culminates in the SEC…

SHIB’s daily transactions surged by 99%, exceeding $135 million, signaling heightened investor activity. A burn rate exceeding 10,000% on June 4 removed about 370 million SHIB tokens from circulation, potentially boosting the token’s value. Shibarium, processing over five million blocks by May’s end, has enhanced SHIB’s transaction speed, reduced fees, and improved scalability since its summer launch. Shiba Inu (SHIB) has witnessed a significant surge in its price today, marking a notable 10% increase and positioning itself among the leading altcoins in the current market climate. Latest data indicates that SHIB is now trading at around $0.00002612 per token. This…

Geneva Switzerland, June 26, 2024 – TRON DAO welcomes an unprecedented victory by its founder Justin Sun in the People’s Court of China over a landmark defamation suit filed against the Chongqing Business Media Group (“the Media”). Per court order, the Media has removed all of its false contents and issued a formal statement of apology to Sun, who has long been a target of media misrepresentations. The Media acknowledged in the statement that it had published false and defaming contents without fact-check or evidence, severely damaging Sun’s reputation. “The rumor-monger has finally published an apology on the People’s Court’s…

Global food supply chains face significant challenges: They’re often inefficient, costly and lack transparency. This creates an environment where farmers may not always receive fair compensation for their hard work, while consumers can face higher prices. It’s a systemic problem that needs a systemic solution, and that solution stares us right in the face: agricultural trade tokenization. Despite this technology’s immense potential, adoption in the agricultural industry has been slow. Many organizations hesitate to embrace change, citing concerns about complexity and regulatory uncertainty. The true value of trade tokenization lies in its ability to solve real, tangible problems that have…

Cryptocurrency analyst and trader Kevin Svenson is saying that Bitcoin (BTC) is flashing bullish signals in a similar manner to what happened earlier this year. Svenson tells his 78,100 YouTube subscribers that Bitcoin is breaking out of a reversal bottom pattern. “We are breaking out of a reversal bottom pattern. So this is really bullish, I would say… Bitcoin is also above the Relative Strength Index (RSI) downtrend line on the daily chart. And this is just a signal for continuation to the upside…” The RSI is an oscillator used to identify oversold or overbought conditions. According to the analyst,…

The Aptos Foundation has proposed deploying Aave V3 on the Aptos mainnet, potentially marking Aave’s first expansion to a non-EVM blockchain ecosystem. Aptos Foundation has introduced a proposal to deploy Aave V3 on Aptos Mainnet as part of Aave’s open governance process. Aave Labs has built integration code and deployed it onto the Aptos testnet. If approved, this will be Aave’s first deployment to a non-EVM blockchain. Read… — Aptos (@Aptos) July 1, 2024 Currently in the “temperature check” phase, the proposal gathers initial feedback from Aave’s governance community. Aave Labs has already developed integration code and deployed it on…

Bitcoin (BTC) is down by 3% since June 24th, while Ethereum (ETH) managed to stay slightly up from its initial price on Monday, despite the market sell-off on that same day. Hank Wyatt, founder of DiamondSwap, shared with Crypto Briefing that this performance disparity can be attributed to the hype around the upcoming spot Ethereum exchange-traded funds (ETFs) in the US. Additionally, Wyatt highlighted that there is fear surrounding Mt. Gox payment plan set to start in July, as reported by Crypto Briefing. “News about the distribution of repayments to creditors caused a mild panic. Both BTC and ETH are…