Author: NBTC
Data provided by an independent tracking platform Shibburn, which accumulates transaction data on Etherscan and then shares it on their website and X account, has revealed a massive SHIB burn rate spike over the last day. In the meantime, the meme coin’s price has demonstrated a nearly 4% surge as it has made another attempt to break through the $0.00002177 resistance level. As of this writing, SHIB is changing hands at $0.00002173 per coin. SHIB burns jump 1,193% The above-mentioned data source spread the word about an impressive SHIB burn rate surge during the period of the last 24 hours…
SINGAPORE, Feb 12 (Reuters) – Singapore’s financial regulator and the Association of Banks in Singapore (ABS) said on Wednesday they will set up a new entity to consolidate the administration and governance of national payment schemes and further grow them. The Monetary Authority of Singapore (MAS) and ABS said in a joint statement that the entity will also collaborate with MAS to develop Singapore’s national payments strategy and ensure a safe, efficient and innovative payments infrastructure. “Consolidating the administrative and governance responsibilities of all national payment schemes under a single entity will strengthen the governance of these schemes and contribute…
ZIGChain, a prominent blockchain ecosystem, is taking a noteworthy step for its worldwide community. As per ZIGChain, it is launching a global movement named “ZIGConnect” to unify the community thereof via in-person meetups. The platform disclosed this project on its official social media account. 📢 Introducing ZIGConnect, a global movement uniting the ZIGChain community through in-person meetups! 🌍ZIGConnect is all about fostering connections, sharing knowledge, and celebrating the vibrant ecosystem we’re building together. Whether you’re a seasoned developer, a… pic.twitter.com/LFuJ3n0LHN — ZIGChain (@ZIGChain) February 10, 2025 ZIGChain Announces Launch of ‘ZIGConnect’ with Initial Event to Take Place in Karachi ZIGChain’s…
Bitcoin trades at $99,248, with a $1.96T market cap and $24.95B trading volume. Rising hashrate highlights miner confidence and robust network security. Bitcoin has reclaimed the $99,000 mark, trading at $99,248.51 with a 1.02% daily rise. Its market cap reached $1.96 trillion, up 1.02%, while the 24-hour trading volume surged 22.46% to $24.95 billion. Bitcoin’s fully diluted valuation (FDV) is now $2.08 trillion, with a market cap ratio of 1.26%. Despite Proof-of-Work challenges, Bitcoin’s rising hashrate highlights strong miner confidence and robust network security. Notably, U.S. mining pools played a major role in driving Bitcoin’s recent $19 trillion transaction milestone.…
In an impressive show of early adoption, the pre-deposit vault for Berachain, which is still gearing up for its big launch, has already hit over $1.1 billion. This impressive financial milestone is proof of investors’ excitement and confidence in the project’s potential. The vault was designed to encourage early liquidity and community engagement, and it has so far attracted over 127,000 depositors in one of the most impressive crypto achievements of early 2025. StakeStone leads as pre-deposit vault crosses $1.1 Billion StakeStone has emerged as the primary contributor to this financial influx. It has snagged up 33.3% of the total…
The Jiangsu High Court of China released a hearing in the case of foreign-related commercial trials, ruling out that overseas crypto investment is not protected by Chinese law. In this particular case, a Singaporean investor, Pan, has lost his legal battle against a Chinese partner, Tian, over an investment in virtual currency. China HC Ruling in Foreign Crypto Investment Dispute Pan, who had been looking for high-return opportunities, partnered with Tian in 2019 to invest in a blockchain project called “MFA Blockchain.” The project, launched with a third-party partner, aimed to profit from crypto trading, with Tian handling the technical…
B2 Network, a Bitcoin L2 scaling solution, has announced a new partnership with Band Protocol. The collaboration provides decentralized, secure, and immutable cross-chain data for smart contracts. Band Protocol plays a prominent role in this regard with its efficient oracle solution. It reportedly connects smart contracts with real-world data as well as APIs. This ensures their efficient operation and eliminates the need to rely on centrally controlled intermediaries. By integrating Band Protocol’s decentralized oracles, B2 Network focuses on improving data reliability and security. This makes DeFi applications comparatively scalable and reliable. Providing reliable and accurate data to smart contracts is…
KULR Technology Group, Inc., a thermal energy management company, increased its Bitcoin holdings with the purchase of 213.4 BTC worth $21 million. The purchase made through Coinbase Prime fits into the corporate strategic efforts to move 90% of its cash into Bitcoin (BTC) within the newly adopted treasury strategy. As reported by blockchain analytics firm Arkham Intelligence on Jan. 6, the latest transaction brings KULR’s BTC holdings to 430.6 BTC, valued at approximately $42 million, with an average purchase price of $97,537 per BTC. This marks the company’s second major BTC purchase in a month. On Dec. 26, 2024, KULR…
World Liberty Financial has sold over 24 billion WLFI tokens, with less than a billion remaining for purchase. World Liberty Financial (WLFI), a decentralized finance platform backed by President Donald Trump, has sold approximately 24.05 billion tokens, leaving 949.6 million tokens available for purchase, according to its official website. The recently introduced tranche of 5 billion tokens, priced at $0.05 each—a 230% markup from the initial $0.015—has seen an 81% uptake. When World Liberty Financial launched its DeFi platform in Sep. 2025, the initial plan was to offer 20% of its 100 billion WLFI tokens. However, with the rapid uptake…
Ethereum experienced its most aggressive selling pressure in history last Monday, with the price plunging 25% in a single day. This dramatic drop shook the entire market, leaving investors on edge. However, Ethereum quickly rebounded, erasing the entire drop within hours, sparking optimism for a recovery. Despite the swift rebound, Ethereum now faces significant risks as it trades slightly below a critical resistance level, raising concerns about its ability to maintain upward momentum. Top crypto analyst Daan shared a technical analysis highlighting that Ethereum is once again respecting the $2,800 level but failed to push through on its first test.…