Author: NBTC
Avalanche has launched its new update Avalanche9000, after raising 250 million dollars from the private sale of locked-token. Leading the funding were Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche: the 250 million dollar fundraising and the launch of the Avalanche9000 update Avalanche and the Avalanche9000 update: the novità The price of AVAX Avalanche: the 250 million dollar fundraising and the launch of the Avalanche9000 update Avalanche announced that it raised 250 million dollars from a private sale of locked-token, led by Galaxy Digital, Dragonfly, and ParaFi Capital. From here, the crypto company then launched its Avalanche9000 update. Avalanche announces a…
Crypto market freefall causes Ripple withdrawal delays on Bithumb. One of the major cryptocurrency exchanges in South Korea, Bithumb, has formally announced that withdrawals of XRP are taking longer than planned because of an unexpected spike in transaction volume. In an official announcement, the exchange said: “Due to the increase in Ripple (XRP) withdrawal volume, it is temporarily taking time for the withdrawal to complete.” To address this issue, Bithumb explained that withdrawals are being processed on a first-come, first-served basis while it attempts to fix the problem. Additionally, the exchange promised users that regular operations would soon return and…
Flamingo has opened testing for its updated on-chain limit order solution, OrderBook+ 2.0. OrderBook+ 2.0 provides a CEX-like trading experience, offering limit and market orders while remaining completely on-chain. After its MainNet release, all swap functionality on Flamingo will be routed through the orderbook, unifying liquidity and trade execution, and allowing GAS costs to be better optimized. Participants can access the testing environment through the Flamingo test frontend, with TestNet tokens available by request in the #testnet-funds channel of the Flamingo Discord. OrderBook+ 2.0 Test Version (Source: Flamingo) These tokens, varying quantities of FLM, fUSDT, fWBTC, and GAS, can be…
Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we’re just getting started. 2025 will be the year of Bitcoin. $100K feels like the mere beginning. This is my 3rd Bitcoin bull market after entering in 2016. From experience, the party is still early. Here’s why I think $100K Bitcoin is just the tip of the iceberg: Trump hasn’t taken office yet. The next couple years, especially his first year, will…
A Polygon DAO community cohort is considering a proposal to use its more than $1 billion of idle stablecoin reserves, currently held on the Polygon PoS Chain bridge to capture yields, per a pre-proposal governance post. “The PoS Bridge currently holds around $1.3B of stablecoins, which makes it one of the largest, but also idle, holders of stablecoins onchain,” the pre-proposal reads. “At the current benchmark lending rate for the 3 major stables this is an opportunity cost of around $70M annually.” “The authors believe that DeFi as a whole has matured whereby assets held in the Polygon PoS bridge…
Michael Saylor, co-founder and the executive chairman of MicroStrategy business intelligence company, has reposted a tweet published by the pro-Bitcoin US senator Cynthia Lummis about the newly appointed “crypto czar” of the US – David Sacks, a venture capitalist and the former chief operating officer at PayPal. Saylor, a major Bitcoin evangelist, shared his take on the future prospects of the US under the “rule” of this “crypto czar”, clearly placing big hopes on Sacks. Saylor praises US “crypto czar”, following Ripple CEO Senator Cynthia Lummis from Wyoming tweeted that she expects the upcoming 2025 to become “the year for…
Blum Memepad, the leading memecoin launchpad platform, has been awarded a $500,000 grant from TON Memelandia, an official initiative of The Open Network (TON) Foundation aimed at strengthening TON’s memecoin ecosystem. The grant will be used to accelerate the platform’s growth and further its mission of providing a fair and transparent launch environment for memecoins. Blum Memepad has made significant strides in a very short period since its launch, positioning itself as a dominant player in the memecoin space. In just under two months, Blum has become the largest memecoin launchpad on TON blockchain, and the second largest globally, right…
Secret Network has announced the launch of Claive AI, a decentralized platform that aims to provide secure and confidential artificial intelligence (AI) services for enterprise users. Claive AI Combines Blockchain and Confidential Computing According to the announcement shared with Bitcoin.com News, the platform leverages Secret Network’s privacy-preserving blockchain technology, focusing on secure and confidential AI interactions. Built on a framework using trusted execution environments (TEEs) and Nvidia graphics processing units (GPUs), Claive AI’s goal is to ensure that user data—including metadata and payment details—remains inaccessible to unauthorized entities. The Secret Network team believes this approach addresses concerns about privacy breaches…
The city editor of the Financial Times’ popular op-ed section, Alphaville, has apologized for its years of staunchly negative bitcoin (BTC) coverage. As the world’s largest crypto surpassed $100,000 per coin, they took a brief moment to self-reflect. Then within seconds, they doubled down on their reporting. In short, their mea culpa for discouraging millions of readers from buying BTC since 2011 (when one coin was worth $8) consisted of a single, backhanded sentence: “We’re sorry if at any moment in the past 14 years you chose based on our coverage not to buy a thing whose number has gone…
UniLend, a prominent DeFi protocol that merges spot trading, borrowing, and lending services, has announced a new partnership with SoonChain. The partnership aims to boost UniLend’s worldwide network and innovate the Web3 sector. The platform disclosed this development on its official social media account on X. Join us in welcoming @soonchain_ai in our ecosystem!🎉⛓️SoonChain is an AI-powered gaming L2, redefining game development with AIGG.🤝 By partnering up, we’re bolstering our global network and exploring fresh, innovative possibilities in the Web3 space!✅This is just the… pic.twitter.com/KKxceFXRWf — UniLend | AI Agents Hub (@UniLend_Finance) December 20, 2024 UniLend and SoonChain Partner to…