Author: NBTC

Mint Blockchain unleashes its much discussed Mint Fast bridge, through which it will be possible for users to shift assets with all beneficial facilities thrown in. These include undisputed acceleration, cost-effectiveness, and all safety aspects intact. Created for rendering service to lesser amounts, Fast Bridge brings to the table effective shifting, along with holding on to high end safety aspects and lesser fees. It is an all-inclusive service targeting lower-level asset transfers to the Mint. Mint Fast Bridge has multiple advantages, such as greater acceleration in the case of cross-chain transactions from all chains to Mint. In the case of…

Tezos is making significant strides in expanding its DeFi ecosystem with the launch of the DeFi Catalyst Accelerator (DCA) in Singapore. This six-week program nurtures early-stage startups building innovative decentralized finance (DeFi) applications on the Tezos blockchain and its Etherlink Layer-2 rollup. Tezos Launches DCA as Venture Capitalist Interest in DeFi Is Back Tezos and Etherlink claim they offer distinct advantages for DeFi development, i.e., speed, security, low fees, and compatibility with Ethereum-based tools. Etherlink’s emphasis on decentralization and MEV protection further enhances its appeal for DeFi builders. The inaugural DCA cohort includes five teams, i.e., Plend, Hanji, SaveX, Hashleap,…

June 12 (Reuters) – Riot Platforms (RIOT.O, opens new tab said Bitfarms’ move to adopt a poison pill to thwart its acquisition by the bitcoin miner was “shareholder unfriendly” and highlighted the lack of solid corporate governance standards. Riot said, opens new tab on Wednesday it had privately urged Bitfarms to remove its chairman and interim CEO, Nicolas Bonta, and add at least two new independent directors to its board. The dispute stems from an unsolicited offer Riot made in April to acquire Bitfarms for about $950 million. Bitfarms rebuffed the offer, saying it significantly undervalued the company, and approved…

ApeCoin, the Ethereum-based token tied to Yuga Labs’ namesake NFT collection, is firmly in the doldrums alongside its Ape-themed analogs following a tumultuous week for the broader crypto markets. The token has slipped 30% over the past seven days amid market turbulence sparked by growing geopolitical tensions in the Middle East. Extending losses over the past year, the price of ApeCoin has plummeted 74% since this time last April to a current price of $1.19, according to CoinGecko. ApeCoin’s brush towards its all-time low price of $1.01 (set last October) comes as the token’s official steward, the ApeCoin DAO, weighs…

Russia’s crypto mining equipment supplier Intelion is reportedly considering an investment of over $130 million to develop AI data centers. Moscow-headquartered crypto mining supplier Intelion is planning to spend up to 12 billion Russian rubles (over $130 million) on purchasing server equipment to build artificial intelligence (AI) data centers, Russian media RBC reports, citing Intelion Cloud head Maxim Vyaznikov. As per the report, Intelion, which also operates a branch in Dubai, already possesses servers equipped with Nvidia’s A100 chips, despite a 2022 U.S. Department of Commerce ban on the sale of these chips to China and Russia. Intelion’s new computing…

A top crypto analyst thinks this week will offer some critical hints about the future direction of Bitcoin (BTC). In a new YouTube video, Benjamin Cowen tells his 802,000 subscribers that the labor market data, which will become public this week, could suggest a possible trajectory for BTC. The U.S. Bureau of Labor Statistics publishes reports on the first Friday of every month that include metrics like average hourly earnings, non-farm employment change and the unemployment rate. The crypto analyst notes that Bitcoin price hesitation leading up to a new month is a “common thing.” “You get that labor market…

DexTools, a decentralized finance (DeFi) platform for cryptocurrency traders, has added support for Shiba Inu’s ShibaSwap, according to a Wednesday announcement. The integration unlocks “advanced DeFi analytics” for Shiba Inu holders. DexTools is a popular website that provides its users with data about decentralized exchanges. It makes it possible to track DeFi portfolios as well as crypto prices. The platform, which boasts tens of millions of monthly users, tracks roughly 3.5 million tokens. DexTools can monitor market moves, offer real-time analysis of various cryptocurrencies, and search for tokens on any DEX. On top of that, it allows traders to swap…

Stader, a well-known liquid staking forum, has recently announced integrating Chainlink CCIP. The integration of the industry standard concerning the safe interoperability of Chainlink CCIP on Arbitrum and Ethereum mainnets emerges as a milestone for the platform. As a result of this integration, the company will leverage the capabilities of CCIP regarding simple token transactions. .@staderlabs_eth—a liquid staking protocol with $600M+ TVL—has integrated CCIP across @ethereum & @arbitrum to unlock cross-chain transfers of its liquid staking token ETHx.Stader is also sponsoring the ETHx/ETH #Chainlink Price Feed on Ethereum. — Chainlink (@chainlink) April 16, 2024 Stader Integrates Chainlink CCIP to Enable…

Axie Infinity has announced the Axie Bounty Aid to help players who find it difficult to complete more than 3 tasks daily on the bounty board due to not having enough fortune slips. This weekly series offers players a chance to win a prayer delegation with 100 Fortune Slips. Also read: Axie Infinity Origins S8 Postseason Begins With the Elite 8 Tournament, Giveaways, and Updates The Daily Bounty Board in Axie Infinity allows players to earn AXS by completing various challenges and tasks. The Axie Bounty Aid program will pick 20 players every week and provide them with a Prayer…

Casey Rodarmor says he has no regrets about the two controversial protocols, Ordinals and Runes, he launched on Bitcoin, which have made the original and most valuable blockchain a lot more like other, alternative chains. There are essentially two guiding principles that Rodarmor has followed since bursting on the scene as one of Bitcoin’s most influential coders: Bitcoin should remain secure and so should its applications. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here.Note: The views expressed in…