Author: NBTC
Ethereum developers launched a new test network, Hoodi, on Monday that will be used to carry out the blockchain’s upcoming ‘Pectra’ upgrade. Pectra will go live on Hoodi on March 26, and if all goes well, the long-awaited upgrade will proceed to Etheruem’s mainnet roughly 30 days later, according to the network’s core developers. Hoodi was created following faulty Pectra tests on Ethereum’s other testnets, Holesky and Sepolia, which failed to finalize properly due to problems with how they were configured. Test networks like Holesky, Sepolia, and Hoodi aim to mimic the main Ethereum network — allowing developers the opportunity…
Mantle Network’s integration with Chainlink SCALE strengthens DeFi reliability by providing developers with low-cost, high-quality, and secure data access. The partnership enhances security and accuracy through decentralized oracle nodes, ensuring uninterrupted, real-time price updates even in volatile market conditions. Mantle Network has taken a decisive leap by joining Chainlink SCALE, integrating highly secure and decentralized Chainlink Data Feeds and Data Streams into its ecosystem. The strategic partnership aims to enhance the reliability and efficiency of decentralized finance (DeFi) applications by providing developers with low-cost and high-quality data access. .@Mantle_Official has joined Chainlink Scale to accelerate its DeFi ecosystem, with Chainlink…
Schiff Gold LLC founder Peter Schiff believes the three entities illegally pushed for the closure of his bank after he refused to accept crypto-related accounts. Puerto Rico-based Euro Pacific International Bank (EPB) was closed in 2022 following recommendations from an investigation unit dubbed “Operation Atlantis.” Schiff made the allegations in a March 19 X post, stating: “Before corrupt IRS agents, the N.Y. Times, and 60 Minutes illegally conspired to destroy my bank, we refused to accept crypto-related accounts. Not because we didn’t want the business, but because regulators considered the industry a high risk for money laundering & tax evasion.”…
Binance Wallet, one of the widely used Web3 services, reached peak volumes on Wednesday. The wallet took over traffic after OKX suspended its DEX aggregator service. Binance Wallet became the most popular Web3 interaction tool, with daily volumes surpassing $90M. The wallet took over Web3 traffic and DEX activity after the OKX wallet suspended its DEX aggregator service. In the past two days, Binance Wallet expanded its share of overall daily users. Right after the announcement by OKX, the wallet took over 54% of the market. A day later, the share already expanded to 66%. Binance Wallet expanded its influence…
Analyst hints that falling oil prices easing inflation fears, boosting investor confidence in Bitcoin. Retail demand for Bitcoin shows strong recovery as declining only 2% in 30 days. Bitcoin bullish momentum hint a breakout above $100K could push price to ATH. Bitcoin, the pioneer cryptocurrency which is currently hovering around $97,689, showing signs that its consolidation phase may be ending across multiple timeframes. Perhaps, other several factors are aligning in favor of a potential price surge, suggesting Bitcoin could soon reach a new all-time high (ATH). Dropping Oil Prices Tends To Raise BTC According to Matthew Dixon, a veteran financial…
Ethereum price is struggling to hold support near $1,900 as Bitcoin extends its gains. Traders are watching closely to see if ETH rebounds or drops toward $1,500. Ethereum Stuck Below $2,000 as Bitcoin Steals the Spotlight Ethereum (ETH) is having a rough time. While Bitcoin (BTC) has surged back above $85,000, gaining 3.8% over the past two weeks, ETH can’t seem to reclaim the $2,000 level. On March 16, ETH traded at $1,932, showing little sign of strength as traders debate whether a rebound or a deeper correction is next. CryptoQuant analyst SunflowrQuant pointed out that Ethereum has been losing…
Mantra, one of the best-performing altcoins, surged to a new all-time high on Saturday as investors cheered a new centralized exchange listing. Mantra (OM) price jumped to a record high of $8.20, bringing the year-to-date gains to over 100%. It has jumped by over 2,600% in the last 12 months, giving it a market cap of over $7.6 billion, making it the 22nd biggest altcoin in crypto. Mantra token jumped after being integrated in Bybit, one of the biggest CEX exchanges in crypto. As part of the listing, users will compete for a 120,000 OM prize pool currently valued at…
Ripple CEO Brad Garlinghouse responded to a claim from Fox Business panelist and journalist Charles Gasparino that the US Securities and Exchange Commission believes XRP passes the “Ethereum decentralized test.” Garlinghouse said: “There is no Ethereum decentralization test at the SEC. This is fiction.” Gasparino had quoted Garlinghouse’s video announcing the end of the SEC vs XRP legal battle on Wednesday. The SEC filed a lawsuit against Ripple Labs in December 2020, alleging the company violated US securities laws by selling $1.3 billion worth of XRP. Obviously the question remains about the other part of the case but it’s clear…
This is a segment from The Drop newsletter. To read full editions, subscribe. Immutable — the gaming-focused crypto company with titles like Gods Unchained and Guild of Guardians — is learning from its years in crypto. The firm now oversees 500 games from different developers. Simply put, that’s a lot of shots on goal. I sat down with Justin Hulog, Immutable’s chief studio officer, to get the latest on its ecosystem. Hulog previously worked at Riot Games. He admits Immutable’s massive roster makes it harder to give each game a lot of attention — and even more games are coming.…
A comprehensive report from Global Ledger claims that Garantex’s founders created a new exchange, Grinex, just a week after the previous exchange was shut down by US and EU authorities. The new platform, Grinex, has already processed $36 million in incoming transactions. Global Ledger shared this report exclusively with BeInCrypto. Is Garantex Back Under a New Name? Garantex, a Russian crypto exchange, was shut down last week, but apparently, it isn’t out. Earlier this month, Tether froze some of its wallets containing USDT worth $28 million, and the US Department of Justice seized its domains, as its co-founder was arrested.…