Author: NBTC

Range intends to transform IBC and the interchain into becoming the safest DeFi ecosystem, for which forming connections with Osmosis and Stride are on the anvil. Together, they will develop risk tools like the IBC dashboard and enhance the forthcoming IBC rate limits v2 deliverance. The idea to hone in on this is because it is the greatest decentralized service for improving the safety factors related to the interchain. Bridges are the most vulnerable in crypto, responsible for over $3 billion in losses. Many bridges take care of big TVL and come with complicated codebases, attracting the interest of fraudsters.…

With just two days remaining until the fourth Bitcoin (BTC) halving, set to occur at block height 840,000 on April 19, the cryptocurrency community is on the edge of its seat. This upcoming event will halve the mining rewards from 6.25 to 3.125 BTC per block, marking a major milestone for the digital currency. This event is expected to significantly impact market dynamics, drawing parallels to previous events that have led to major price movements and further reinforced Bitcoin’s principles of scarcity and decentralized security. Anticipated market reactions Historically, each halving has led to a marked increase in Bitcoin’s price,…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is on the verge of a significant breakout, according to prominent crypto analyst Jelle. In a recent tweet, Jelle highlighted a potentially bullish setup for Ethereum, noting that ETH was close to breaking out from a falling wedge. The analyst mentioned that after reclaiming the 100-day Exponential Moving Average (EMA), ETH only needed a little push to break out from the multi-month continuation pattern, with a target of over $4,000. The falling wedge pattern, a technical analysis tool, is typically seen as a bullish indicator, suggesting that a significant price movement could…

The MOCA Foundation has reported the successful completion of the MOCA Token Launch by officially staking the US$29.3 million pre-deposited. This number is an excellent result as it represents an oversubscription of 12 times the original target. The MOCA Token Launch took place on MocaList, which is Mocaverse’s inventive co-branded token launchpad and CoinList. .@MOCAFoundation, the community-owned cultural foundation and steward of $MOCA, announced today the conclusion of the MOCA Token Launch, with total pre-deposited funds of US$29.3 million, representing a 12x oversubscription.Details: https://t.co/dYYjkt0oA1. pic.twitter.com/Z1MVK17mDg — Animoca Brands (@animocabrands) May 3, 2024 MOCA Token Launch Exceeds $5 Million Goal in…

Zero1 Labs, renowned for fostering high-quality technical teams in the AI space, has announced a strategic partnership with Oasis, a leading Layer 1 blockchain specializing in scalability and confidential compute. This alliance aims to strengthen the foundations of Web3, Privacy, and AI by merging Zero1’s advanced Decentralized AI (DeAI) solutions with Oasis’s innovative privacy technologies. Zero1 Labs is a community-focused DeAI ecosystem that supports projects enrolled in the Zero Construct Program (ZCP), ensuring a successful market launch. The mission of Zero1 Labs is to empower developers and innovators by providing the tools, resources, and support needed for AI talent to…

Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter still predicts Bitcoin (BTC) hitting six figures this year amid a looming debt crisis. In a new Kitco News interview, Carter says that despite the recent market pullback, Bitcoin “undeniably” could reach $100,000 in 2024. “On the first of the year, I think Bitcoin was trading in the $30,000 range, maybe $40,000. I forecasted $80,000 at some point this year. We were very close to hitting that just recently. $100,000 would certainly not be out of the question this year.” Asked if $100,000 remains his price target in 2024,…

Ethereum’s (ETH) price is encountering a bullish scenario that could propel it to a multi-month high, which is being aided by whales. However, for this to happen, ETH would first need to secure a key price level as support. Ethereum Investors Push for Profit Ethereum’s price is witnessing the impact of the bullishness of whales. These large holders have sharply accumulated for the past week, enabling ETH to break out of its descending wedge. The addresses holding between 100,000 and 1 million ETH have added a little over 390,000 ETH, a supply worth $1.26 billion, bumping the whales’ holdings to…

Zilliqa is setting a new benchmark in EVM compatibility with its upcoming v9.3.4 update. This strategic enhancement is not just about keeping pace with technological advancements; it’s about setting the stage for more seamless and efficient blockchain interactions that could significantly improve how developers and businesses use Zilliqa. The Zilliqa team has been focused on refining the network’s EVM compatibility, responding to valuable community feedback from users and developers alike. The upcoming Zilliqa v9.3.4 upgrade is set to introduce critical enhancements that will streamline development and interaction processes on the network. These improvements are aimed at bolstering the reliability and…

New York Attorney General Letitia James said Genesis and the attorney general’s office will create a “Victims Fund” for creditors of Genesis. The fund will receive “up to $2 billion” from the remaining assets of Genesis. “If those creditors are not made whole based on today’s digital asset values, the Victims’ Fund will receive up to $2 billion from Genesis’ remaining assets,” the press release said. The settlement was approved by a bankruptcy judge late Friday after being challenged by parent company Digital Currency Group earlier this year. Genesis and the NYAG originally announced the settlement back in February. Read…

Humanity Protocol, a pioneer in digital identity solutions, has announced a strategic partnership with LayerZero, a leading interoperability protocol, aimed at transforming digital identity verification across more than 50 blockchains. This collaboration is set to enhance trust, security, and user verification in decentralized ecosystems worldwide.—At the heart of this partnership lies LayerZero, a trailblazing interoperability protocol renowned for equipping developers with indispensable tools for seamless data migration, token issuance, and dApp creation across a multitude of blockchain networks. By intertwining its capabilities with Humanity Protocol’s zkProofer Network, LayerZero assumes a pivotal role in upholding the integrity of decentralized governance and…