Author: NBTC
Binance, the largest crypto exchange on trading volume metrics, announced plans to list Velodrome Finance (VELODROME), adding the decentralized exchange (DEX) token to its spot trading catalog. The exchange is also adding Vana (VANA) to its launchpool, with the project’s airdrop still in the pipeline. Binance Lists VELODROME for Spot Trading Velodrome Finance advertises as a next-generation DEX that serves as the liquidity hub for the superchain ecosystem. VELODROME token will be available for spot trading on Binance starting Friday, December 13, at 14:00 UTC. It will trade against the USDT stablecoin. Of note, the new Binance listing comes with…
Self-proclaimed ‘crypto president’ Donal Trump faces a new ethical crossroads: Should he block U.S. Congress members from trading cryptos, mirroring the proposed ban on stocks, which he supports? With the crypto market becoming a multi-trillion-dollar industry, allowing lawmakers to trade in it could look like handing the keys to the vault to the people writing the rules. Banning Congress from trading stocks has been a hot topic for a while now. Sitting president Joe Biden threw his support behind it ages ago, saying lawmakers shouldn’t profit from markets they have the power to influence. Polls show 75% of Americans agree.…
BPCE Group, the second-biggest bank in France, reportedly plans to allow its customers to invest in Bitcoin and other cryptocurrencies in 2025. Local media outlet Big Whale reported the development today, noting that BPCE Group will launch the new service through its crypto subsidiary, Hexarq. Citing sources familiar with the development, the Big Whale claimed that Hexarq will integrate the service into BPCE Group’s Banque Populaire and Caisse d’Épargne networks to enhance customers’ loyalty. Hexarq Secures Crypto License In the meantime, Hexarq is already preparing to enable BPCE Group’s customers to invest in crypto. According to the report, the crypto…
Unstoppable Domains has partnered with one of the largest crypto communities on Reddit, r/EthTrader, with the goal of launching the .DONUT domain. Once launched, the top-level domain .DONUT will provide the 2.3 million members of r/EthTrader with digital identities owned by the members themselves, to expand the community’s presence in the blockchain ecosystem. Unstoppable Domains The community on Reddit: the .DONUT domain is coming The .DONUT domain and the Reddit community r/EthTrader The token DONUT The comment Unstoppable Domains Unstoppable Domains is the largest provider of on-chain domains and digital identities on blockchain. The project was launched in 2018, and…
Bitcoin smashed through the $100,000 barrier on Thursday, rewriting its own chaotic and unpredictable history. The record-breaking run was supercharged by Donald Trump’s election victory, with markets betting on a regulatory overhaul. Bitcoin has climbed over 140% this year, more than doubling from its January low of $38,505. The election has added over 50% to its value since Nov. 5. This monumental rise, though historic, didn’t happen overnight. Bitcoin’s journey is one of invention, defiance, crashes, and comebacks. From a $41 pizza order to becoming the face of a trillion-dollar market, its story is every bit as wild as its…
Solanex has announced a strategic partnership with Unich, a decentralized OTC trading platform. Solanex disclosed the development today on the X platform. Solanex, a DEX running on top of the Solana protocol, leverages AI to optimize DeFi trading, liquidity, and user experience. On the other hand, Unich is an OTC trading platform enabling users to purchase and sell crypto tokens peer-to-peer, without the need for permission from intermediaries. With the collaboration, the two firms are working together to optimize digital asset markets to make Web3 participation more accessible and valuable for everybody worldwide. Through partnering with Unich, Solanex offers innovative…
The crypto market awaits over $257.64 million in token unlocks from December 16th to 22nd, 2024. This affects major projects like ARB, ADA, and ID. These unlocks are important events that can change token prices, liquidity, and market sentiment. 🔓 Weekly Cliff Unlocks : 16 – 22 Dec ’24🔥 $257.64m + 🔥🌟 Unlock Highlights 🌟$ARB (2.26%) – $96.26m$ID (18.23%) – $43.35m$ADA (0.10%) – $41.5m$APE (2.16%) – $25.27m$ENA (0.44%) – $13.47m$PIXEL (7.05%) – $13.21m$PRIME (1.46%) – $11.24m.( % of cir. supply) pic.twitter.com/3jXzaNWTxJ — Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) December 13, 2024 On-chain data shows the unlocking of a massive $257.64 million worth…
Ex-member of South Korea’s Democratic Party imprisoned for concealing 10 billion won in cryptocurrency assets. Kim Nam-kook, a former legislator for the Democratic Party of Korea, was found guilty of hiding cryptocurrency holdings while he was a member of the National Assembly and was given a jail sentence of six months. The decision was made on the morning of Oct. 28, 2024, at Kim’s trial in the Southern District Court in Yangcheon-gu, Seoul. Kim was charged with changing some of his cryptocurrency deposits into bank accounts to correspond with the claimed total assets while converting the rest of the funds…
The European Union’s Markets in Crypto-Assets Regulation (MiCA) is changing the region’s crypto market. Because of the new rules, some crypto exchanges in the EU removed Tether’s USDT stablecoin from their platforms. MiCA has strict requirements for stablecoin issuers, which caused problems for stablecoins and affected liquidity in European crypto markets. With Tether’s removal, traders are using alternatives like the euro for trading, and new stablecoin issuers want to fill the gap. MiCA Regulation and Its Impact on Tether Bloomberg reports that MiCA requires stablecoin issuers to have an e-money license and follow the requirements. Circle, the issuer of USDC,…
According to L2BEAT, big changes are coming to how we think about layer 2 (L2) projects, the group of projects that use Ethereum’s blockchain to handle more activity. Right now, the category has over 120 L2 projects and holds more than $50 billion in total value locked (TVL). For years, L2s were mainly judged on how close they were to becoming fully decentralized. However, as L2s have grown, the security risks have become more apparent. Many projects lack proof systems and rely on centralized setups and this means that user funds are vulnerable. To address these issues, L2BEAT is rolling…