Author: NBTC

A crypto whale has recently performed a noteworthy Ethereum ($ETH) buyout via $DAI but faced significant losses. As per Lookonchain, the whale purchased 15,292 $ETH by spending 30.8M $DAI, resulting in $2.2M in losses. The whale witnessed this significant loss within 10 hours of the transaction, which was carried out through CoW Swap. The respective transfer stands among the biggest recent trades that have taken place on the Ethereum blockchain. Additionally, the massive losses have surprised the crypto community amid a huge decrease in Ethereum ($ETH) price. Lookonchain, an on-chain crypto analytical platform, has revealed the details of the trade…

Tether CEO Paolo Ardoino has defended the company’s role in the U.S. financial system, stating that its $115 billion in treasury holdings make U.S. debt more resilient. Speaking at a rBitcoin Policy Institute event on Mar. 11, Ardoino argued that Tether’s (USDT) investment helps diversify and strengthen U.S. debt. “We’ve done more for financial inclusion than anyone else,” he stated. “And while doing that, we’re buying back U.S. debt. If we were a country, we’d be the 18th largest holder of U.S. Treasuries.” Tether is helping to secure the US debt pic.twitter.com/nmVOeQBqtF — Paolo Ardoino 🤖 (@paoloardoino) March 11, 2025…

Top Virtuals Protocol ecosystem tokens are down as VIRTUALS token tanks 10%. Virtual Protocol ecosystem tokens are down across the board, with most top AI agent tokens by market cap on the launchpad posting losses in the last 24 hours. G.A.M.E (GAME) has seen the sharpest drop at -15.6%, followed by Keyboard Cat (KEYCAT) at -12.27%. Small Autonomous Motherfucker (SAM) is the only major gainer, surging 19.42% in the same period. Luna (LUNA), previously the leading Virtuals category token by market cap, has now fallen to the 11th position overall, signaling a shift in dominance within the ecosystem. The Virtual…

Lawmakers and industry experts discussed the importance of US dollar-backed stablecoins in the financial system and the urgency of a regulatory framework for these assets during a hearing convened by the US House Committee on Financial Services on March 11. Titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency,” the hearing also discussed concerns surrounding a potential central bank digital currency (CBDC) in the US. Stablecoins vs. CBDCs The hearing addressed potential benefits stemming from stablecoins and criticized harmful traits of CBDCs. House Financial Services Committee chairman…

Hamster Kombat’s Layer-2 (L2) blockchain briefly outperformed Solana in transactions per second (TPS) but is now experiencing a dramatic drop in activity. Just two weeks after its launch, the Hamster Network has seen a staggering 99.9% decline in transaction volume, raising concerns about its long-term viability. Hamster Network Transaction Volume Plummets The Hamster Network, launched in February 2025, was initially positioned as a gaming-focused blockchain that supports decentralized applications (dApps) and games within its “Hamsterverse” gaming ecosystem. BeInCrypto reported in early March that Hamster Kombat’s L2 network reached an all-time high of 34,021 TPS, 3.5 times higher than Solana’s. “34,028…

A major bug panicked Bitcoin Lightning users today. Senior Bitcoin developer “Calle” alerted node operators running software older than Lightning Network Daemon (LND) Version 0.18.5 or LITD Version 0.14.1. The vulnerability relates to how LND checks description fields for the settlement of Lightning invoices. Clever hackers figured out a way to manipulate the payment state of such invoices to remotely drain funds. Satoshi Labs co-founder Pavol Rusnak rang a similar alarm bell. As posts gained tens of thousands of impressions, users of the Lightning network spread the message about the imminent threat of theft. Lightning is a mesh network of…

Giza, a Xenocognitive Finance, has unveiled its exclusive Giza Protocol, an innovative infrastructure to boost autonomous agent operations for decentralized finance (DeFi). Agent system operations function under centralized governance models. Giza establishes a trustless decentralized platform that allows financial agents to run autonomous strategies independently while maintaining user control over their funds. Introducing Giza Protocol:Infrastructure for Trustless, Context-aware and Permissionless Agentshttps://t.co/ghl7rqcy8f — Giza (@gizatechxyz) March 12, 2025 The protocol requires three basic operational layers for its structure. The Semantic Abstraction Layer provides standardized communication between different protocols making DeFi processes easier to handle. The Decentralized Execution Layer achieves cryptoeconomic security…

Ethereum (ETH) price is currently in an uncertain position near $2,000, creating not-so-good consequences for whale investor funds. A noteworthy whale on Maker holds 65,675 Ethereum worth $135.8 million. The whale remains at risk as current market conditions may force the investment to liquidate. The Maker platform health rate has fallen to 1.05. This particular whale stands at high risk since its liquidation price is $1,931.83, just below the current trading price. Ethereum Price Declining, But Analysts are Not Pessimistic Ethereum ($ETH) maintains a trading value of $2,034.29, with a daily decrease reaching 2.81%. The current market trend shows a…

Faced with a severe shortage of dollars and fuel, Bolivia has decided to use crypto to finance energy imports. The state company YPFB has announced an innovative system to guarantee the country’s needs without relying exclusively on foreign currency. Bolivia Looks to Crypto to Counter the Energy Crisis Cryptocurrencies for imports: opportunities and risks An experiment with future prospects Bolivia Looks to Crypto to Counter the Energy Crisis Bolivia is experiencing one of the worst economic crises in recent years, characterized by a growing scarcity of foreign currency and a decline in natural gas production. To respond to this emergency,…

VeChain kit has been integrated with Privy to ensure that users seamlessly access decentralized applications via their familiar social logins. VeChain kit is reported to ensure a unified wallet integration, simplify blockchain interaction, and ensure that products reach a global audience through its multi-language support. VeChain (VET) has announced the integration of Privy-powered social log-ins with the VeChain kit. According to the report, this is part of the plan to streamline application development on the VeChainThor. What is the VeChain (VET) Kit According to the VeChain communication team, the VeChain kit exists as an all-in-one library specifically designed for developers…