Author: NBTC
This weekend, Curve DAO’s members commenced voting on a pivotal proposal to allocate 10% of the fees from crvUSD loans towards crvUSD savings. As articulated by Curve’s founder, Michael Egorov, the initiative aims to bolster the crvUSD market, currently valued at $60 million. Contents hide 1 What are the Implications of the Proposal? 2 How Does the Community Feel About This Initiative? What are the Implications of the Proposal? Should the proposal pass, it could lead to enhanced revenue generation for governance members in the long run, although immediate revenue gains may be elusive. To date, eight addresses representing about…
Whale investors are driving SUNDOG’s rise, with major transactions boosting its presence on the TRON network. SUNDOG’s rapid growth fuels TRON’s increased transaction volume, contributing to the network’s overall momentum. Lookonchain has uncovered a large transaction involving two whales making major moves on SUNDOG as part of the TRON network’s meme coin ecosystem. According to Lookonchain, one whale spent $2 million to buy 3.52 million SUNDOG tokens in a single transaction. Another whale followed suit, investing $500,000 to buy 1.16 million SUNDOG tokens, adding to the speculation and excitement surrounding this soaring cryptocurrency. After this whale spent $2M to buy…
Telegram mini-apps are third-party projects that connect directly to the Telegram platform and tap the millions of subscribers. The mini-apps are also connected to crypto wallets and offer Web3 features like transactions, tokenization, earnings and airdrops. Telegram mini apps also connect to existing payment processors for monetization opportunities outside the cryptocurrency market. Mini apps depend on widely used web technologies, HTML5 and JavaScript, combined with the Telegram interface. The Telegram ecosystem creates a mini app environment with seamless authorization, also compatible with the TON (The Open Network) ecosystem. TON is the native chain built especially for the Telegram community, and…
A new crypto venture has emerged as former President Donald Trump’s family launches World Liberty Financial, aiming to create a U.S.-dollar-backed stablecoin. This comprehensive guide explains their plans to enter the cryptocurrency market and compete with established players like Tether and USDC. World Liberty Financial’s entry into the crypto space has garnered substantial attention, though initial fundraising efforts have fallen short of expectations. Despite aiming to raise $300 million, the project has secured only $14 million in its initial token sale, with just 4.7% of available tokens purchased by investors. This modest start hasn’t dampened the team’s ambitions to create…
Real estate, luxury goods, and more are now available as NFTs, blending digital security with tangible value. Phygital NFTs offer unmatched authentication for high-value items, protecting ownership and reducing fraud. Event-based NFTs provide verifiable ownership for exclusive events, ensuring authentic access and reducing counterfeit risk. Digital art Based on Physical Ownership of Asset NFTs, which have a phygital nature, has been opening new opportunities in different industries. Such distinguished NFTs present great promise as they intermediate virtual ownership and real-life goods in various sectors. Ever more High-ROI opportunities in the NFT market appear with adding practical application intertwined with blockchain.…
The addition of XRP on Robinhood Europe enables European investors to access one of the most popular trading cryptocurrencies. Europe may become active on the XRP market if they start using Robinhood that offers commission-free services. This move is in line with Ripple’s plans of making XRP popular all over the world especially in Europe as it seeks to make borderless transactions. XRP, one of the widely used cryptocurrencies, has been included in the list of available trading stocks on the European version platform Robinhood. This is a positive development for XRP as it struggles to find a footing in…
Franklin Templeton’s CEO believes blockchain can revolutionize investment methods and asset management. Bitcoin is seen as both a payment tool and a potential safety asset. The financial giant’s optimistic stance may signal broader blockchain adoption in traditional finance. The CEO of Franklin Templeton, an investment management firm overseeing $1.5 trillion in assets under management (AUM), has expressed a positive outlook on blockchain technology and Bitcoin. This view suggests that there is increasing recognition of blockchain in the context of the traditional financial industry and signals a shift in perspective of large investment houses to the emerging new world. Blockchain as…
Tesla stock topped the volatility charts at 24%, followed by AMD at 16% and Nvidia at 12%, all surpassing bitcoin’s 11% movement range, according to my calculations. Other tech giants showed lower volatility than bitcoin. Intel registered 9% price swings, while Meta and Microsoft stayed around 8%. Amazon showed 7% volatility, with Google at 6%. Apple proved the most stable among analyzed stocks with just under 6% monthly volatility. This volatility distribution suggests the conventional financial narrative may need updating, as the data no longer supports the assumption that bitcoin is significantly more volatile than blue-chip tech stocks. Notably, Tesla’s…
A temple in Kyoto, Ryuganji Temple, is offering 1,500 free animated NFTs to promote Japanese Buddhist culture on a global scale. Starting Nov. 1, users can claim free Ryuganji Temple non-fungible tokens from the official website. Visitors will also be able to collect the NFT directly at the temple starting Nov. 9, 2024 at 14:00 JST. There will be a QR code available on-site for the public to scan in order to claim a free NFT. The Ryuganji NFT includes a video showing the temple’s gate and main hall as well as a clip of animated brushstroke calligraphy created by…
SEI transaction fees have decreased by nearly 25% in the last four months, making the network more cost-efficient. The Sei v2 upgrade boosted daily transactions to 5 million and increased total value locked (TVL) by 229%. SEI Network continues to attract interest from blockchain analysts and traders, with transaction fees falling considerably over time. According to a recent tweet from blockchain analyst Cooltimes, SEI transaction fees are now about 25% lower than they were four months ago, indicating a consistent improvement in the network’s cost-efficiency. This reduction in transaction costs is projected to make SEI more appealing to both retail…