Author: NBTC

Binance, the world’s largest cryptocurrency exchange, started the new day and week with the announcement of altcoins. At this point, Binance made an announcement regarding 13 altcoins, stating that 2 altcoins were removed from the watch list and 11 new altcoins were added to the watch list. Accordingly, Binance announced that it added the altcoins named BAL, CTXC, CVP, CVX, DOCK, HARD, IRIS, MBL, POLS, SNT and SUN to the watch list, while it said that it removed the altcoins named MLN and ZEN from the watch list. “Based on recent reviews, Binance will expand the Tracking Tag to include…

National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to local sources, seven engineers of the institution would have been installing bitcoin farms across the country as the prosecutor’s office is carrying out this investigation with ANDE’s cooperation. Seven ANDE Engineers Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay State officials would be participating in organizing and deploying illegal bitcoin mining farms in Paraguay. According to local reports, seven engineers employed by the National Power Administration (ANDE) in Paraguay would be involved in organizing illegal connections…

The price of Bitcoin has surged to its highest since the much-talked about halving event on April 19, touching a recent high of $67,422 on Friday before dipping again. CoinGecko data shows that the biggest digital asset is up by nearly 3% in the past day. Over seven days, the coin has risen by more than 9%. It’s now priced at $66,750. Bitcoin last hit today’s high price on April 13, more than a month ago. Bitcoin dropped following the halving—a quadrennial happening baked into the coin’s code—though experts told Decrypt that was to be expected. A combination of factors…

KwikPik leverages Hedera to solve delivery fragmentation, boosting financial inclusion in Africa. Hedera expands governance with industry giants like Hitachi and Mondelez, enhancing its global influence. Hedera is causing a stir in decentralized finance (DeFi) as well as financial inclusion. Their creative ideas and calculated alliances are raising benchmarks for the blockchain sector. Hedera is Driving Financial Inclusion in Africa KwikPik, Hedera-based Decentralized Physical Infrastructure Network (DePIN), is transforming financial inclusion all throughout Africa. Operating an Uber-style Delivery-as-a-service (DaaS) platform, KwikPik solves the long-standing scattered delivery problems across the continent. The @Hedera-based @getKwikPik #DePIN is actively driving financial inclusion throughout…

Ethereum co-founder Vitalik Buterin has joined as an angel investor in MegaETH, a new Ethereum-compatible blockchain project. MegaETH has secured $20 million in seed funding from several crypto investors, including Buterin. More importantly, we are so lucky to have amazing Mega Angels. Deep gratitude goes to @VitalikButerin @ethereumJoseph@sreeramkannan @cobie @santiagoroel @TheRealKartik @hasufl@0xMert_ & so many more who believe that @megaeth_labs is going to Make Ethereum Great Again — brother bing / mega-bing / 饼兄 (@hotpot_dao) June 27, 2024 MegaETH, developed as a Layer 2 solution on Ethereum, reports transaction processing speeds of up to 100,000 transactions per second (TPS) with…

DeFi Technologies’ subsidiary Valour has unveiled the first exchange-traded product for Core DAO, a Bitcoin scaling solution. Switzerland-based financial firm Valour has introduced its first exchange-traded product (ETP) for Core DAO (CORE), a Bitcoin-powered layer-1 solution integrating proof-of-work and delegated proof-of-stake consensus mechanisms. In a press release seen by crypto.news, the Core Foundation said the new product called “CORE ETP” will be available on the Spotlight Stock Exchange as part of the organization’s efforts to offer investors “a new way to get exposure to the Core blockchain network.” Rich Rines, the founding contributor to CoreDAO, said the launch of the…

FIDA, the token governing Solana-based infrastructure developer Bonfida, has surged by 35% following the launch of its Solana Name Service (SNS) in China. At the time of writing, FIDA was still up 29%, trading at $0.392 over the past 24 hours, according to CoinMarketCap. The token recorded a daily trading volume of $72 million and a total market cap of $50.3 million. FIDA 24-hour price chart | Source: CoinMarketCap Despite the recent price increase, FIDA is still down 96% from its all-time high of $10.87, which reached April 4, 2021. Bonfida leverages the low-latency and cost-effective features of the Solana…

The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional right to a jury trial. In the past, the SEC has sometimes used an internal process presided over by administrative law judges, rather than suing in federal court, to handle civil securities fraud accusations and levy financial penalties. The SEC’s ability to handle matters internally was granted in 2010 by the passage of the Dodd-Frank Act in response to…

Binance Futures announced the launch of a new CRV perpetual contract with USDC margin to diversify trading options and improve user experience. The contract will go live on July 4, 2024 at 10:00 AM and will offer up to 25x leverage. Binance Futures to Launch USDC-Margined CRV Perpetual Contract with Up to 25x Leverage The launch of the CRVUSDC Perpetual Contract aims to provide traders with more options and opportunities on the Binance Futures platform. However, Binance has stated that it may adjust contract features depending on market risk conditions. Possible adjustments may include changes to the funding fee, tick…

In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several of today’s leading digital currencies. Understanding Proof-of-Work and Its Variants Proof-of-work (PoW) stands as the original sentinel of blockchain technology, requiring miners to dedicate significant computational power in order to validate transactions and create new blocks. This system not only secures the network but also ensures a decentralized process of mining. Different algorithms under the PoW…