Author: Crypto News Live

Blockchain Arbitrum (ARB), a dominant Ethereum L2 scaler, now supports Bitcoin-Ethereum bridge mechanism tBTC. It will advance the speed of transactions with BTC lquidity and make them more cost efficient. tBTC by Threshold Network launches on Arbitrum L2 According to the official announcement shared by Web3 team Threshold Network, its noncustodial bridge solution dubbed tBTC has launched on the Arbitrum (ARB) mainnet. The launch is a phase of the tBTC Wrapped Tour initiative designed to introduce “native” Bitcoin (BTC) liquidity to various programmable blockchains. tBTC goes live on @arbitrum for tour stop 3 on the tBTC Wrapped TourPowered by @wormholecrypto…

Some Ethereum fans refer to the Merge as a ‘triple halvening’. This is because Ethereum’s yearly inflation rate is expected to drop from 4.3% to 0.43%.   Scalability issues remain one of blockchain’s main issues. The term was first coined by Vitalik Buterin, co-founder of Ethereum, to illustrate the continuing tension between three components a high-functioning blockchain network should have: decentralisation, scalability, and security. The trilemma refers to the assumption that blockchain networks can only achieve two of these three components efficiently.  Picture the trilemma as a pyramid. The bottom layer is security. No crypto project can operate efficiently without security. Moving…

NFT Sotheby’s is set to auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing high-value NFTs like Dmitri Cherniak’s Ringers #879 (often referred to as “The Goose”) out from the vault for the first time since 2021. The second sale of 3AC collectibles from the “Grails” collection will be held in New York on June 15 and will feature 37 works from generative artists like Dmitri Cherniak, Tyler Hobbs, Jeff Davis and more. In a press release, the auction house said that the sale will mark the largest-ever live auction of digital…

By Matt Gould, CEO and Co-Founder, Unstoppable DomainsIn the earliest days of building Unstoppable Domains, we prioritized using Web3 domains to send and receive crypto. While the utility of Web3 domains has since exploded, sending crypto remains an important use case. Today, with 169 wallets integrated with Unstoppable, it’s never been easier to send and receive crypto using Web3 domains. But even still, some degens continue to rely on long, alphanumeric crypto wallet addresses for their day-to-day crypto needs.Here’s why sending crypto to a naked address is never a good idea. To start, I’ll state the obvious: It’s too easy to…

Global search interest for the term “AI” has reached a new all-time high on Google, though it’s yet to hold a candle to peak Bitcoin (BTC) mania in 2017, data has revealed.Artificial intelligence has dominated headlines over the past few months, with some suggesting that it’s the latest “tech fad” after crypto and the metaverse. Most recently, OpenAI executives warned in a May 23 blog post that within the next 10 years, AI will exceed expert skill level in “most domains” and be as productive as “one of today’s largest corporations.”However, while global and United States search interest for AI…

A leading blockchain analytics firm says that a huge percentage of Shiba Inu (SHIB) and Floki (FLOKI) holders are underwater. According to IntoTheBlock, 81% of SHIB holders are sitting on losses, just 16% are profitable and 3% are breaking even. SHIB is trading for $0.00000851 at time of writing, down 90.1% from its all-time high of $0.0000861 on October 28th, 2021. According to the analytics firm, 78% of Floki holders are at a loss,14% are profitable and 9% are breaking even. Floki is worth $0.0000315 at time of writing, down 90.6% from its all-time high of $0.000336 on November 4th,…

Renowned crypto trader and analyst Altcoin Sherpa have issued a warning to traders about the potential downfall of Solana (SOL), a major rival of Ethereum (ETH). With a Twitter following of 195,700, Sherpa predicts that Solana could experience a significant decline of over 30% from its current value. Analyst Warns of Major Plummet for SOLSherpa highlights the risk of a major collapse for Solana based on its volume profile. Analyzing the chart, he identifies the next high volume price level on the downside to being around the $14 to $15 range, which the cryptocurrency last traded for in January 2023.$SOL: EMAs…

“Yo yo yo, GM GM, baby!! How is everyone doing?” If you’ve been part of any of Threadguy’s daily Twitter spaces, you’ll know that he kicks off each one with a variation of this warm and energetically charged greeting, setting a welcoming and lively tone for the thousands who tune in. Michael Jerome, better known as “Threadguy,” is known for being at the center of polarizing Web3 discussions, drawing substantial attention in the constantly evolving landscape. His active engagement, whether through posting or being the subject of memes, interviewing controversial figures, or offering lighthearted commentary on Twitter, has solidified his…

Blockchain AmazeWallet, a pioneering smart-wallet platform, has recently revealed an exciting partnership with 1inch Network, a prominent decentralized exchange aggregator. This partnership is a critical step in AmazeWallet’s goal to create a full Web3 solution that meets all of the needs of consumers on a single platform. Users will have easy access to the best market-available token trading prices because of the integration of 1inch Network’s API into AmazeWallet. AmazeWallet seeks to improve the trading experience for its users by offering them a wider variety of options and more flexibility by utilizing 1inch Network’s expertise in aggregating liquidity from several…

NFT Crypto Twitter rallied around a purported cancer patient who was trying to sell NFTs yesterday in an act of community goodwill, but it was left jaded after they turned out to be a scammer who disappeared with the funds. It started when an account called Phoenix posted that they were a cancer patient and trying to make NFTs with pixel art. The tweet was picked up and shared rapidly among many crypto influencers who encouraged people to buy the NFTs and support the artist. Yet it was quickly discovered by some Twitter users including web3 artist Arcanic that the…