Author: NBTC

Fantom has achieved one of its key network milestones after the first validator using Sonic technology deployed. The Fantom Foundation announced the feat, noting that this first step will pave the way for further improvements on the Opera mainnet. Top of that list is blockchain scalability. “Marking a major milestone, this deployment paves the way for unleashing Sonic’s impressive speeds on the Opera mainnet, achieving ~2,000 TPS at sub-second finality,” the Fantom Foundation announced. Sonic’s capacity for 2,000 TPS, which is achievable at sub-second finality, is a huge improvement on the initial Opera network’s 200 TPS. Sonic brings new era…

Crypto.com may not be the biggest crypto exchange by trading volume, but it’s certainly one of the most well-known. Lebron James plays in an arena named after the company, and the exchange has sponsorship deals with the Philadelphia 76ers, Formula 1, and the Ultimate Fighting Championship, or UFC, among others. All of these relationships with big names arguably put a target on Crypto.com’s back in the U.S., especially as the Securities and Exchange Commission continues its crackdown on crypto. Most recently, the agency informed Uniswap Labs, the developer behind one of the most popular decentralized crypto exchanges on the market,…

Buckley went on to say that Bitcoin is only a speculation asset. The cryptocurrency sector as a whole is very speculative and unregulated as per the firm. Investment banking behemoth Vanguard’s chairman of the board and chief executive officer Tim Buckley has reiterated his firm’s intention to stay out of the spot Bitcoin exchange-traded fund market. According to Buckley, his company has been getting a lot of inquiries on the timing of potential spot Bitcoin exchange-traded funds. According to him, they were even asked when the company might reconsider the product. In response, Vanguard’s chief executive officer restated the company’s…

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, is set to expand its services into the digital assets sphere by partnering with the cryptocurrency exchange Bitpanda. This strategic collaboration marks a significant move for LBBW, aiming to cater to the burgeoning demand for crypto services among institutional and corporate clients. Addressing the Growing Demand for Digital Assets Starting in the latter half of 2024, LBBW and Bitpanda will begin offering cryptocurrency custody solutions. This service expansion is in direct response to the increasing interest from corporate customers in the digital asset sector. According to Jürgen Harengel, the managing director…

Layer-1, NEAR, will hire artificial-intelligence (AI) engineers as part of its 3-6 month roadmap to building user-owned AI. According to a deck reviewed by CoinDesk, the company is planning to hire AI engineers “soon,” and its product team is working to plan AI workstreams over a 3-6 month transition phase. The deck was presented earlier today via a virtual town hall meeting by NEAR co-founder Illia Polosukhin with NEAR core employees. This comes as the intersection between AI and blockchain continues to be a hot topic, with NEAR attempting to position itself at the forefront. Polosukhin was on a panel…

The Financial Industry Regulatory Authority (FINRA) is ordering JPMorgan Chase to pay hundreds of thousands of dollars in damages to a former employee who accused the bank of defamation. Former JPMorgan Securities (JPMS) financial advisor Michael C. Nolan says the trillion-dollar lender damaged his reputation in a Form U5 filing to FINRA after he left the bank in 2022. FINRA requires member organizations to file a Form U5 to explain why individuals left the firm. In its Form U5, JPMorgan alleged that Nolan violated company policy and shared sensitive information with a client. “Registered Representative is under internal review for…

Solana-based decentralized exchanges (DEXs) have seen a notable increase in trading activity, with their volume exceeding the $1 billion threshold. According to DEX Screener, the current trading volume is $1.23 billion, marking a substantial rise from last week’s average volume, under $1 billion. Interestingly, this surge is largely attributed to the rising popularity of meme coins within the Solana ecosystem. Meme Coins Fueled Solana DEXs Volume Rebound This resurgence in Solana DEXs volume is particularly noteworthy as it coincides with increased regulatory scrutiny in the decentralized finance (DeFi) sector. Recently, the SEC issued a Wells notice to Uniswap, one of…

Cryptocurrency analyst Kevin Svenson is offering his forecast on Bitcoin (BTC) amid a correction in the market. Svenson tells his 73,200 YouTube subscribers that Bitcoin is in the early stages of the fourth level of a parabolic curve pattern that started around November of 2022. A parabolic curve pattern is a staircase-like formation with four levels where the price generally pauses and whipsaws around for a while at each of the levels before continuing the bullish trend. According to Svenson, as Bitcoin embarks on the fourth stage of the current parabolic curve pattern, the volatility levels will shoot up. “Bitcoin…

Although some of his previous statements could suggest a highly negative view of cryptocurrencies and individuals in that industry, social media personality and former professional kickboxer Andrew Tate has recently endorsed a blockchain he believes will be “huge.” Specifically, the controversial influencer announced that Venom, the recently launched Layer-0 blockchain by the Venom Foundation on the mainnet, “will be huge regardless” of whether or not his followers on social media buy it on his recommendation, according to his X post on April 14. Blockchain Venom. Dont buy it, I dont care. It will be huge regardless.Im only tweeting this so…

Cryptocurrency analysis company Santiment announced in its statement the NFT-Game-themed altcoins that developers have focused on the most in the last 30 days. Although NFT-themed altcoins were one of the most trending parts of the last bull, they have gradually disappeared from the list of top altcoins as the NFT sector began to decline. However, recently, the NFT field has come to the fore again after Tensor (TNSR), one of the largest NFT platforms of the Solana ecosystem, distributed tokens to users via airdrop. However, this popularity of the TNSR altcoin may have occurred due to the popularity of airdrop-derived…