Author: NBTC

Sky Mavis, the team that designed the Ronin Network, has announced the creation of the Sky Mavis Trusted Domain System. It is a revolutionary security feature that strengthens users against some of the many threats that exist in the Web3 environment. The system is made up of three separate shields such as the Mavis Badge, the Mavis Friends Badge, and the Unknown Badge, each providing a strong defense against the constantly evolving attack vectors. Introducing the Sky Mavis Trusted Domain SystemThree shields against bad actors on Ronin 🛡️• The Mavis Badge• The Mavis Friends Badge• The Unknown BadgeNote: if everything…

In July 2022, iCan Entertainment, based in Taiwan, entered the Web3 space through its branch, iFA Capital, LTD., and its parent company. They wished to combine art, culture, and the newest technologies and launched into blockchain activities. They have their eyes set on designing special-edition NFTs and immersive metaverse experiences. Create your digital art with the AI art generator. By using their different web3 strategies, they are aiming to share Taiwanese culture across the world. iCan has been the first pioneer in the gaming segment and picked The Sandbox as its playground for multiple creative projects. One of numerous such…

Long-term holders of Bitcoin are starting to sell off their holdings of the cryptocurrency, signaling that the bull market has “definitely begun,” according to data released on Monday from investor and entrepreneur Anthony Pompliano. “This shouldn’t be a surprise — as the price of Bitcoin rises, some percentage of holders are willing to sell their assets to take profit off the table,” Pompliano wrote. BTC Sell-Off Signals A Bull Market Kick-Off, Pompliano Alleges “A small percentage of bitcoin (< 5%) that was previously dormant is now on the move,” he added. “The 60% year-to-date increase in price, and the 140%…

Stream Trading raised $1.5 million in seed funding, valuing the company at $20 million. The protocol, which is almost profitable, is designed to give depositors exposure to high-yield rate arbitrage trades, for which it charges a 10% or higher fee. The company building Stream Finance, one of the Ethereum blockchain’s newest crypto derivatives platforms, has raised $1.5 million from Polychain and a handful of angel investors. Stream Trading raised its seed round at a $20 million valuation, founder Diogenes Casares said in an interview with CoinDesk. He and co-founder Solal Afota built the team quickly to capitalize on this year’s…

In a major development for the fast-evolving Web3 gaming world, GaFin and Jump.trade have announced a partnership. The gaming powerhouse in the space and Jump.trade, the premium non-farm destination for game and brand NFTs, promises a future of revitalizing opportunities. GaFin 🤝 @Jumptradenft🚀 We’re thrilled to partner with @Jumptradenft – a destination for a wide range of astonishing game and brand NFTs ✨🎉 Our partnership embodies shared values and a mutual commitment to excellence. We are poised to achieve great things in the Web3… pic.twitter.com/nCrefwsfFh — GaFin (@Gafin_io) April 12, 2024 GaFin Empowers Gamers in the Web3 Revolution with Cutting-Edge…

Canadian province of British Columbia is seeking to regulate electricity use by crypto miners, due to their “unchecked growth.” Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation, said Thursday that the province is working to address high energy consumption by crypto miners in the region. This creates very few jobs or economic opportunities, she added. Per the ministry’s statement, the legislative amendment would allow the government to prohibit or limit electricity usage for crypto miners. This is because the “unchecked growth” of the sector could make it expensive to supply electricity to homes and businesses. In December 2022,…

Obol Labs has partnered with crypto insurance platforms Relm and Chainproof to offer insurance for Ethereum stakers that use Obol’s distributed validator technology. Should the insurance be cheap enough to be worth buying, potentially risk-conscious institutions could be appeased to take part in one of Obol’s distributed validators. Obol’s distributed validators, or DVs, aim to present a pathway to a more decentralized Ethereum network. Since the shift to proof-of-stake, Ethereum blocks have been created and transactions are validated by a set of validators who stake ETH as collateral. Currently, it takes 32 ETH to run a full Ethereum node, an…

Will the Bitcoin and Bitcoin Cash communities ever bury the hatchet? Adam Back, the CEO of Bitcoin company Blockstream and one of the earliest Bitcoin developers, today extended an olive branch to long-time rival Roger Ver, an early Bitcoin investor turned Bitcoin Cash (BCH) advocate. Back says it’s time for Ver to “be the prodigal son” and return to Bitcoin. Back’s invitation comes in response to Ver’s new book, “Hijacking Bitcoin: The Hidden History of BTC,” which claims that the original vision of Bitcoin has been corrupted. Roger Ver, once known as “Bitcoin Jesus” for his fervent promotion of the…

Alpen Labs has emerged from stealth mode following the $10.6 million funding round led by Ribbit Capital Zero-knowledge technology is more commonly associated with Ethereum and is the sort of development that the Bitcoin community has resisted historically Bitcoin layer-2 developer Alpen Labs, which has raised $10.6 million in funding, is looking to scale the blockchain of the world’s largest cryptocurrency with zero-knowledge proofs. Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network. Its $10.6 million seed round was led by…

Axie Infinity has announced major updates to its ecosystem, poised to enhance users’ experience. They majorly pertain to Axie Experience Points (AXP) and Part Evolution. The goal is to make it seamless for players to wield their powers and level up their respective axies. Unlimited Coco caps are effective immediately. Players can reach the limit of AXP in two ways – earn via gameplay and consume Coco. The updates enable players to combine both points and get the daily limit. Coco can then be fed to Axies, who are ultimately put to the test by players on the battlefield. Feeding…