Author: NBTC
Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now standing as the fourth-largest stablecoin, trailing behind Sky’s DAI, Circle’s USDC, and Tether’s USDT. In essence, USDE is a synthetic stablecoin that keeps its peg through a mix of spot crypto holdings and short positions in margined perpetual contracts. USDE supply via defillama.com. USDE holders…
Today, Friend3 Intelligence, which is an upcoming technology platform, unveiled that it has partnered with HeLa Labs, a modular Layer 1 blockchain technology firm. The purpose of this partnership is to advance the development of decentralization AI infrastructure through the development of new, smarter, and more efficient technologies. 🤝 #Friend3 x #HeLaLabs We’re excited to unveil our partnership with @Hela_Network! 🚀 💡 HeLa is a modular Layer 1 blockchain enabling AI infrastructure for Web2 and Web3 across various sectors, including gaming, DeFi, DePIN, and many more.💫 This collaboration… pic.twitter.com/YMbIRp3LHq — Friend3.AI (@Friend3AI) January 13, 2025 About Friend3 and HeLa Labs…
Podcast host Peter McCormack looks set to pocket $20,000 thanks to a bitcoin bet made on “pussy terms” with Simplify Asset Management’s Michael Green. The lower-league football club owner bet Green, who is Simplify’s chief strategist, that the world’s biggest crypto would reach $100,000 by the end of the year. Bitcoin’s price currently stands at $97,170, meaning it needs to increase by under 3% in the next 40 days in order for McCormack to win. The terms of the wager state that, if bitcoin reaches the magic number by December 31, Green will pay McCormack $20,000. Accordingly, if it misses…
Solana ID, an identity protocol, has disclosed details of its upcoming Token Generation Event (TGE) for its native token SOLID. This protocol enables applications to seamlessly access both on-chain and off-chain data, which will boost user conversions and reduce acquisition costs. Furthermore, participants will get the benefit from verified human identifications. Introducing $SOLID 🧵 pic.twitter.com/dMqGheHB7P — Solana ID 🪷 (@solanaidentity) November 28, 2024 The SOLID token will serve as the key to unlock exclusive rewards across the Solana ecosystem. Holders will enjoy perks from various corners of the network, providing access under a single ID and token. The main highlight…
Xhashtag.ai has announced a strategic partnership with Solana blockchain to integrate its XAgent SVM algorithm within the Solana network. In today’s digital landscape, people are surrounded by enormous quantity of information from multiple sources. Although such connectivity provides several benefits, it also creates a lot of unbiased content and misinformation. Even AI networks that people nowadays rely on can unintentionally spread such mistakes, making it difficult to access true information. Based on its mission, Xhashtag.ai understands that accessibility to reliable and truthful data is crucial. That is the reason it has launched XAgent SVM algorithm on the Solana blockchain to…
“Shrimps” have been net sellers of about $7 billion in bitcoin over the past 30 days. On the other hand, just under 3 million bitcoin are sitting on exchanges, a two-year low. OTC desk balances, though, have seen a rise of roughly 100,000 bitcoin. With bitcoin (BTC) continuing to post record highs and now nearing the $100,000 level, profit-taking is on the rise — $4 billion of realized profit in each of the last two days, according to Glassnode — but for every seller, there’s a buyer, so a closer look at the data might be warranted. So-called “shrimps” or…
Sui Network, a leading Layer 1 blockchain ecosystem, has fully reimbursed 1,376 SUI tokens to users who missed out on staking rewards from a bug. The bug affected certain token holders who unstaked their assets between epochs 560 and 563. The Sui team implemented a fix on October 28 in epoch 564. After the fix went live, the blockchain protocol identified 1,273 wallets that had unstaked their assets between epochs 560 and 563 and missed out on a total of 1,376 SUI in rewards. Notifying those affected through an X post (formerly Twitter), Sui stated that it reimbursed the affected…
Marlin, a popular name in blockchain infrastructure sector, has started a strategic collaboration with NotAI. The partnership targets to improve Web3 consumer experience with the integration of Marlin’s cutting-edge compute network Trusted Execution Environment into NotAI’s ecosystem. The platform disclosed this initiative on social media. Marlin and @theNotAI are teaming up to enhance the Web3 user experience. NotAI will leverage Marlin’s high-performance TEE compute network to power its Telegram-based super app and DeFi offerings.Key IntegrationsNotAI will utilize Marlin’s network for:• Quest verification:… pic.twitter.com/nUWjDPhq6Y — Marlin (@MarlinProtocol) January 13, 2025 Marlin Joins Forces with NotAI to Provide Users with Latest Functionalities…
Renowned cryptocurrency analyst il Capo has expressed caution despite Bitcoin’s remarkable strength and recent price surge, and shared his latest market views. Known for his dissenting views, il Capo has previously expressed skepticism about Bitcoin’s ability to sustain its rally beyond $100,000. In a recent statement, he congratulated those who profited from the market’s upward momentum but reiterated his decision to stay out of the market for weeks: “At this point, it doesn’t matter if Bitcoin breaks $98,000, $99,000 or even $100,000. A local top could form at any moment and this move could completely retrace.” il Capo outlined several…
A wallet believed to belong to Donald Trump’s family crypto venture, World Liberty Financial, has been involved in a series of recent transactions, according to onchain data from Arkham Intelligence. A wallet believed to belong to World Liberty Financial, a crypto venture established by President-elect Donald Trump and his family, has been involved in a series of transactions as flagged by blockchain analytics firm Arkham Intelligence. World Liberty Financial’s crypto wallet goes active, swaps WBTC for ETH and USDT What the heck is World Liberty Finance (aka. Trump) doing swapping ~10m WBTC for ETH through COW. Please pump my ETH…