Author: NBTC
[ad_1] LayerEdge has introduced edgenOS, heralded as “The World’s First People-Powered Verification System.” This innovative platform aims to redefine blockchain security by shifting the power from traditional mining farms to millions of everyday users, leveraging zero-knowledge proofs and human participation on an unprecedented scale. With the crypto community buzzing, this article delves into edgenOS, its potential impact on blockchain technology, and what it means for the future of Decentralized Finance (DeFi). What is edgenOS? LayerEdge launched edgenOS as a revolutionary verification layer. According to the LayerEdge blog, edgenOS is a revolutionary verification layer that transforms blockchain security, shifting power from…
[ad_1] Solana’s DEX volume has reached $806.8 billion so far in 2025, with Jupiter still dominating. Solana’s (SOL) ecosystem has broken a major milestone in network activity. As of Wednesday, May 7, total decentralized exchange volume in 2025 on Solana was $806.8 billion, according to a data from Top Ledger. This represents a nearly 400% increase from the same period last year, when DEX volume was at $201 billion. Solana monthly DEX volume in USD | Source: Top Ledger January accounted for more than half of the DEX volume this year at $408 billion. The crpyto market rally, which started…
[ad_1] New York prosecutors tried and failed to solicit the Securities and Exchange Commission’s opinion on Ethereum to bolster their case against KuCoin in 2023, according to newly released SEC records acquired by Coinbase. The exchange is one of many private conversations unearthed by a Coinbase FOIA request, offering a glimpse at the behind-the-scenes politicking that has shaped U.S. authorities’ approach toward the crypto industry over the past few years. In an email dated June 2023, the New York Attorney General’s Investor Protection Bureau Chief Shamiso Maswoswe asked the Securities Commission whether it considered Ethereum a security or a commodity.…
[ad_1] OKX announced that it will list Jito Staked SOL (JITOSOL) on its spot trading platform, with trading paired with USDT starting on May 9, 2025. OKX to Begin Spot Trading of Jito Staked SOL (JITOSOL) on May 9 The listing includes a gradual rollout of deposit, auction and withdrawal functionality to ensure a smooth launch. Important Dates: Deposit: May 7, 2025, 19:00 Auction Period: May 9, 2025, 18:00-19:00 Spot Trading Start (JITOSOL/USDT): May 9, 2025, 19:00 Withdrawal Start Date: May 9, 2025, 21:00 To reduce early-stage price fluctuations, OKX will apply the following restrictions during the first five minutes…
[ad_1] Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In January 2025, DeepSeek’s R1 surpassed ChatGPT as the most downloaded free app on the US Apple App Store. Unlike proprietary models like ChatGPT, DeepSeek is open-source, meaning anyone can access the code, study it, share it, and use it for their own models. You might also like: DeepSeek, China and Russia AI partnership: Western world is on notice | Opinion This shift has fueled excitement about transparency in AI, pushing the industry toward greater openness.…
“This is not a time for blind risk-taking” — has Bitcoin’s $97,000 calm lulled investors into ignoring macro risks?
[ad_1] How are analysts interpreting Bitcoin’s $97K consolidation against rising global debt maturity, ETF flow trends, and the uncertain direction of interest rates in the second half of the year? Table of Contents Crypto mirrors the tension but charts its own path Global trade system under pressure ETF flows mask deeper trends No past model fits this cycle Market awaits a catalyst Crypto mirrors the tension but charts its own path The mood across global financial markets has turned visibly tense. What began as a focused concern around central bank decisions has morphed into a broader wave of uncertainty, shaped…
Short sellers dominate ETH futures, but spot investors remain bullish ahead of Pectra upgrade
[ad_1] Ethereum price today: $1,770 Ethereum open interest rose by 4% alongside a sharp decline in the Taker Buy Sell Ratio, indicating dominant bearish sentiment. However, spot investors maintained a bullish bias ahead of the Pectra upgrade, sparking 63,690 ETH in exchange net outflows. ETH could decline to $1,688 if it fails to recover a key symmetrical triangle and the 14-day EMA and 50-day SMA. Ethereum (ETH) saw a 2% decline on Tuesday following an increase in short positions ahead of the Pectra upgrade set to go live within the next 24 hours. While spot investors maintained a bullish bias,…
[ad_1] Big news from the world of crypto! If you’re keeping an eye on emerging projects, you’ll want to know that Binance Alpha, a dedicated feature within the widely used Binance Wallet, has just added the ZKJ token from Polyhedra Network to its curated list. This move, initially reported by BWEnews on X, shines a spotlight on Polyhedra Network and its native token within a key Binance ecosystem component. What Exactly is Binance Alpha? Think of Binance Alpha as a discovery zone for promising new digital assets. It’s not the main Binance exchange where you trade billions daily, but rather…
[ad_1] Former U.S. Securities and Exchange Commission official John Reed believes that the SEC’s crypto enforcement is essentially over with the new administration. “Stick a fork in SEC crypto-enforcement, it’s done,” he said on social media. The agency is no longer prioritizing cryptocurrency-specific enforcement after renaming the “Crypto Assets and Cyber Unit” to Cyber to “Cyber Emerging Technologies Unit” earlier this year. Laura D’Allaird, the newly appointed chief of the SEC’s Cyber and Emerging Technologies Unit, recently spoke about the changes in the agency’s approach. D’Allaird has specified that the SEC has put its priorities into three buckets. It is…
[ad_1] Binance announced that Doodles (DOOD) contract trading will begin on the Binance Alpha platform on May 9, 2025, and DOODUSDT contract trading with 50x leverage on the Binance Futures platform. Binance Launches Doodles (DOOD) Trading on Alpha and Futures Platforms Binance has become the first exchange to list Doodles on both its Alpha and Futures platforms. Launch Highlights: DOOD Trading Start: May 9, 2025 (exact time will be announced later) DOODUSDT Perpetual Contract: Available with up to 50x leverage on Binance Futures DOOD Airdrop: Eligible users who meet the Binance Alpha Points threshold will receive DOOD tokens within 10…