Author: NBTC

Vitalik Buterin, cofounder of Ethereum, has offered fresh concepts for quickening the network’s data availability (DA) bandwidth enhancements. These changes are essential to Ethereum’s ecosystem support and growth. Here is an explanation of what this means and why it matters so much. Current issue The Ethereum community, including Buterin, feels that the current Ethereum upgrade process is too sluggish. Developers working on Ethereum apps and tools, known as builders, require clarification regarding the platform’s potential. They need a roadmap for the network’s scalability over the next five years in order to make long-term plans. The goal of Buterin’s post is…

Crypto startup Layer One X designed to serve as a layer-1 smart contract protocol saw its token jumping by more than 1,600% in a matter of one hour. Layer One X, a startup which promises developers to build once and access liquidity across different networks, saw the price of its native token L1X jumping by more than 1,680% in a matter of just few hours on CoinGecko, a crypto price tracking website. According to the website’s data, L1X price soared from $5.14 to $37.16 in just one hour, outpacing multiple other altcoins in the top 100 coins by market capitalization.…

Morgan Stanley CEO Ted Pick announced the bank will be working with US regulators to explore expanding its crypto market presence, speaking at the World Economic Forum in Davos on Thursday. “For us, the equation is really around whether we, as a highly regulated financial institution, can act as transactors,” Pick told CNBC’s Andrew Ross Sorkin. “We’ll be working with Treasury and the other regulators to figure out how we can offer that in a safe way.” This announcement comes at a time when the pro-crypto stance of the Trump administration is reshaping the regulatory landscape. Earlier this week, the…

XION, walletless L1 for mainstream, is all set to revolutionize crowdfunding through decentralized and accessible financial services. XION’s blockchain-based protocol allows developers to design efficient and consumer-oriented crowdfunding applications. Some of its unique features are walletless onboarding, gasless transactions and an easy-to-use interface that makes it easier for non-tech enthusiasts to engage with Blockchain technology. Web3 holds immense promise for crowdfunding platforms and redefining ownership, but its impact won’t grow until such consumer-facing platforms are accessible to everyone.The next Build Anything On XION installment reveals how this is just one of the many use-cases XION is… pic.twitter.com/YIDOShTiJB — XION (@burnt_xion)…

Rayls, a prominent blockchain platform filling the gap between TradFi and DeFi, has partnered with Arbtirum, the biggest Ethereum L2 scaling solution. The integration aims to revolutionize the financial market with the release of Rayls Public Chain. Rayls establishes an exclusive public blockchain to seamlessly aggregate and connect the liquidity coming from Rayls-based permissioned subnet networks. With this, the users can expect exclusive features for enhanced compliance, scalability, and privacy. Overall, the integration intends to expedite blockchain adoption across the financial industry. Arbitrum Integrates Rayls to Launch Rayls Public Chain Rayls pointed out that the integration with Arbitrum permits it…

Ethereum (ETH) appears to have found a powerful ally in World Liberty Financial (WLFI), a decentralized finance (DeFi) platform reportedly linked to U.S. President Donald Trump. In a buying spree just hours before Trump’s inauguration ceremony, WLFI acquired $48 million worth of ETH, drawing renewed attention to the cryptocurrency. The acquisition comes at a critical time when Ethereum is striving to overcome a period of underperformance, potentially marking a significant turning point in its trajectory. Amid this surge in activity, market watchers are speculating on where Ethereum might head next as it rides a wave of renewed momentum. At press…

Finnish investors gain regulated access to crypto ETPs as Virtune launches five euro-denominated products on Nasdaq Helsinki. Virtune, a Swedish crypto asset manager, has launched Finland’s first crypto exchange-traded products on Nasdaq Helsinki, making it easier for Finnish investors to invest in crypto directly in euros. The launch includes five different ETPs, all physically backed and fully collateralized, the asset manager said in a Jan. 20 press release. The products are available through major Nordic brokers like Nordnet. Virtune chief executive Christopher Kock called the launch a “crucial milestone,” saying, the firm is “thrilled to introduce Finland’s first crypto ETPs…

Nexus will be able to take use of an expanded network of validators, bridges, relayers, and oracles across web3 ecosystems. The collaboration will advance Nexus’s objective to make zero-knowledge proof services available to everyone. A network of decentralized physical infrastructure for GPU clusters io.net has announced a collaboration with Nexus, a blockchain that is committed to the development of the Verifiable Internet. Through the integration of io.net’s Infrastructure-as-a-Service (IaaS) platform, the partnership will improve the zero-knowledge Virtual Machine (zkVM) that Nexus has developed. This will advance Nexus’s objective to make zero-knowledge proof services available to everyone. In order to increase…

Senator Cynthia Lummis has been appointed chair of the Senate Banking Subcommittee on Digital Assets, a newly established body under the Senate Banking Committee. “Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the US dollar with a strategic bitcoin reserve,” Lummis said. “I am humbled my colleagues have placed their trust in me to chair this historic subcommittee and I look forward to shepherding bipartisan legislation to President Trump’s desk this…

The Web3 ecosystem has grown significantly over the past four years, with the total market cap of the crypto industry now at a whopping $3.8 trillion. This growth in valuation has mainly been fueled by the emergence of specific niches such as Decentralized Finance (DeFi), Non-fungible tokens (NFTs) and gaming platforms. But looking at the fine print, it is quite evident that the upward inflection in the crypto adoption curve coincided with the launching of NFT collections, especially those that were affiliated to blockchain-powered games such as the Axie Infinity. This NFT game recorded a total of 2.7 million daily…