Author: NBTC
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The ICF’s 2024 Cross-Chain Interoperability Report highlights the growth of cross-chain ecosystems, the role of key interoperability protocols and emerging trends shaping the future of decentralized networks. As of October 2024 (the latest data the ICF included), total transaction volume across the top interoperability protocols exceeded $41 billion. Ethereum continues to dominate flows in nominal terms, leading both outflows (47.9%) and inflows (38.9%) across various blockchains. The most active cross-chain route is from Ethereum to Arbitrum, the report notes, with a total volume of $10.7 billion. This…
To address inefficiencies in price discovery in centralized finance and over-the-counter markets, Wintermute co-founder Yoann Turpin calls for more DeFi adoption. In a social media post, Yoann Turpin, the co-founder of Wintermute, an algorithmic trading platform that focuses on building liquidity in digital asset markets, called out the challenges that come with price discovery in the crypto industry. Turpin claims that centralized exchanges like Binance engage in private arrangements between big buyers and sellers, creating risk in how consumers interact with different projects across the crypto ecosystem, skewing market opportunities in favour or larger players. “The role of a market…
As the Ethereum network continues to evolve, decentralized finance (DeFi) projects play an increasingly vital role in its ecosystem, particularly through their contribution to Ethereum’s fee-burning mechanism. A recent report has highlighted the leading DeFi projects that have been the most significant contributors to Ethereum’s “burn” function, which helps reduce the overall circulating supply of ETH, thus potentially increasing scarcity and value. TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #Metamask #1Inch #GnosisChain #Pendle #Aave $AAVE #0xProtocol $ZRX #KyberSwap #Chainlink $LINK #Hex $HEX pic.twitter.com/dtTSic6WBS — PHOENIX – Crypto News & Analytics (@pnxgrp) January 12, 2025 According to the Phoenix Group,Uniswap, the decentralized…
The enigmatic Shiba Inu lead developer Shytoshi Kusama aspires to take SHIB to the list of top 5 cryptocurrencies by market cap within a few years. In today’s Shiba Inu latest news, Kusama disclosed this while reacting to an AI-generated painting shared by multidisciplinary artist Mac Baconai. The image depicted a man working on a cluttered desk full of books, with a chaotic painting hanging on the wall. Kusama Ambitious Goal for SHIB Reacting, Kusama noted that the painting reflects how he feels when trying to give utility to a memecoin. Despite having a limited budget, he revealed an ambitious…
SafeFolio Wallet continues developing and now announces the partnership with the constantly growing and always trending project on MultiversX ecosystem, DoctorX Memecoin. The purpose of the collaboration is to change the current state of Web3 betting by leveraging better technology and engaging the community. 🚀 SafeFolio x DoctorX Official Partnership Announcement! 🚀We’re beyond excited to unveil our strategic partnership with @DoctorX_meme, the rapidly rising memecoin project on the MultiversX blockchain! 🤝As part of this collaboration, we’re integrating the DoctorX Betting… pic.twitter.com/hVjyhN0TLz — SafeFolio Wallet (@SafeFolio) January 14, 2025 Seamless Integration for Enhanced User Experience Under this partnership, the DoctorX Betting…
US president-elect Donald Trump’s crypto project, World Liberty Financial, has grabbed the attention of the crypto community with $4.8M in unrealised losses and significant transactions. Let’s explore the project’s journey and its implications. Ready? Dive in! WLFI’s Crypto Journey: From Launch to Big Bets WLFI, which was launched in September, made its first crypto purchase in December. Among the cryptos it initially purchased were prominent cryptocurrencies like Ethereum, AAVE and LINK. Later, it added some sensational crypto like Wrapped Bitcoin Price Chart, ONDO and Ethena. In the last month, Ethereum has displayed a change of -18.9%, Aave (-26.2%), LINK (-33.3%),…
Current market data shows that Ethereum (ETH) whales are tired of holding onto their bags as the price’s breakdown continues. According to data insights from crypto analytics platform Lookonchain, whales have sold at least 10,070 ETH in the past 24 hours. Ethereum whale sell-off Per Lookonchain data, three wallets, likely from the same whale, sold 10,070 ETH for 33 million DAI. Per the update, this whale conducted the sell-off when the price of Ethereum was $3,280. The whale lost $1 million through this transaction in an unusual show of desperation. However, this Ethereum whale is not new to the game.…
The Shiba Inu community’s effort to reduce the number of SHIB in circulation has witnessed a boost after a wallet sent 1B SHIB to the burn address on Friday. Shiba Inu marketing specialist Lola drew the community’s attention to a substantial SHIB incineration activity on Friday. In a tweet, she pointed out an Etherscan transaction where a wallet sent 1 billion SHIB to the burn address today at 04:37 UTC. Transaction Details The wallet “0x2C32” moved 1,003,266,585 SHIB ($25,914) to the incineration address, permanently removing them from the Shiba Inu circulating supply. Meanwhile, on-chain analysis shows that the sending wallet…
Have you ever noticed how the crypto world feels like high school? Everyone’s fixated on the popular crowd—Ethereum, Solana, Bitcoin—while the real action is happening at the quieter tables. Sure, these big players get all the attention, but there are smaller Layer-1 platforms that are addressing challenges that established platforms struggle to solve. Layer-1 blockchains are the foundation of decentralized networks. Unlike Layer-2 solutions or applications built on Ethereum, they don’t rely on an existing infrastructure, they are the infrastructure. This independence allows them to innovate directly at the protocol level, addressing scalability, security, and accessibility in ways Layer-2s simply…
MicroStrategy (NASDAQ:MSTR) was yesterday’s most-traded stock on US stock markets — and will post similarly spectacular numbers today. Opening for trading 13% higher than yesterday’s close, within an hour MicroStrategy had turned over 30 million shares of volume, dwarfing its full-day average of 19 million. The company owns 331,200 bitcoins worth over $32 billion and could be buying more during today’s session. As of mid-morning, its market capitalization was $103 billion — a 3.3 multiple on its bitcoin holdings. The company has announced financing to purchase tens of billions of dollars more. Behind these numbers is a massive, non-public market…