Author: NBTC
Floki Inu introduces new Veras, flexible battle mechanics, and strategic diversity in Valhalla Patch 0.35.0. Vera Essence and FlokiTars unlock new in-game functions, enhancing NFT utility and gameplay progression. A major update has finally landed in the Floki metaverse. Valhalla patch 0.35.0 is officially live, and this time it’s not just about bug fixes or visual patches. From new Veras, an overhauled battle system, to exclusive features for FlokiTars owners—it’s all here in one fell swoop. And yes, this is not the kind of update you can ignore if you still want to be called a true Viking. Valhalla Patch…
Binance and OKX lead with consistent Proof-of-Reserves above 100% and regular reports. Bybit and Kraken improve transparency but report less frequently and inconsistently. Coinbase lacks any Proof-of-Reserves reports, creating significant transparency gaps. Proof-of-Reserves (PoR) has become a major transparency tool for cryptocurrency exchanges to show that all user funds are fully backed by actual reserves. A detailed review of reserve ratios from five leading exchanges—Binance, OKX, Bybit, Kraken, and Coinbase—gives a clear picture of their liquidity status and reporting practices. The Reserve Ratio, calculated by dividing the Net Customer Balance by the Exchange Balance, serves as a key indicator of…
The recent Bitcoin price rejection may have been brought about by massive transactions that happened around June 1. For context, Bitcoin has fallen sharply after an attempt to touch the $107,000 mark, facing rejection at $106,700 on June 3. Interestingly, a recent chart from Santiment reveals a sharp rise in Bitcoin’s transaction volume between May 6 and June 5, 2025, coinciding with this price drop. On June 2, transaction volume spiked to $44.03 billion, marking the highest level since December 2024. This surge coincided with Bitcoin’s attempt to break above the $107K threshold. Despite the volume surge, the price quickly…
The world of finance is rapidly evolving, and central banks are at the forefront of exploring new digital frontiers. A recent announcement from local news outlet Financial News indicates a significant step in this journey for South Korea: Bank of Korea (BOK) Governor Rhee Chang-yong is scheduled to hold important discussions regarding central bank digital currency (CBDC) with the heads of six major South Korean banks. This meeting, planned for May 26, signifies the increasing seriousness with which South Korea’s financial authorities are approaching digital assets and their potential integration into the existing financial system. The agenda includes key global…
U.S. stocks dipped in early trading on Wednesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite opening lower amid renewed jitters over trade tensions between China and the United States. With stocks paring some gains early in the day, Wall Street’s pensive mood continued into market open with U.S.-China flare up over chips at the center stage. The Dow Jones Industrial Average opened 300 points lower, down 0.7%, while the S&P 500 slipped 0.53%. The Nasdaq also traded in the red, opening 0.57% lower. Declines for the Dow, Nasdaq and S&P 500, which snapped its six-day winning…
Internet Archive now stores U.S. government web archives on Filecoin for better resilience during presidential transitions. Filecoin’s decentralized network helps safeguard public data from loss, censorship, or server failure. Something interesting happened ahead of the change of administration in the United States. The Internet Archive, an institution we usually know through the Wayback Machine, began storing US government web archives into the Filecoin network. Not just any data, this is part of the End of Term Web Archive project which includes more than 500 terabytes and 100 million pages of .gov and .mil sites. This step is not only about…
Circle has partnered with financial infrastructure provider OpenPayd to deliver a unified platform for managing fiat and stablecoin transactions. OpenPayd, a financial infrastructure provider that processes more than €130 billion annually, has partnered with Circle, the issuer of USD Coin (USDC). The partnership will let OpenPayd’s clients easily send and manage money worldwide using both traditional banks and blockchain networks. By leveraging Circle’s scalable, programmable stablecoin infrastructure and wallets, OpenPayd’s clients can quickly convert between regular currencies and USDC, gaining faster access to funds, lower fees, and new ways to handle payments, treasury, and digital assets. “Stablecoins will be foundational…
A recent analytical commentary has identified a recurring pattern in Bitcoin price action, setting the precedent for further upside to unprecedented prices. Bitcoin’s wick dropped to $100,000 yesterday, shaking off nearly $1 billion worth of leveraged positions in the past 24 hours. While many panicked, an earlier analysis had forewarned of the possible correction. Meanwhile, Bitcoin has rebounded from the dip, reclaiming $103,000 at the time of writing. Interestingly, according to a recent analysis from crypto researcher Klarch, it is still up only for Bitcoin, as he discloses its target for the bull cycle. Bitcoin Cycles Are Identical In the…
The race to define the future of money is speeding up—and according to industry leaders, stablecoins are right at the center. “It’s clear that the most important item on our roadmap is understanding how quickly we can move, and it’s obvious that the next three years are the fastest we will ever see in the development of digital assets,” said Sergio Mello, head of stablecoins at Anchorage Digital during Paxos’ Global Dollar Network event in New York City. “2025 will have clarity here, 2026 will have clarity elsewhere, and 2027 is when it’s all going to happen.” Mello wasn’t speaking…
A token creator on Pump.fun has earned $93,780 in just three weeks, thanks to the platform’s newly introduced creator revenue sharing feature. The wallet was responsible for creating the Moonpig meme coin that touched a $125 million market cap last month. Solana launchpad Pump.fun introduced its creator revenue sharing feature last month, which split 50% of revenue generated per token with the deployer. Over the three weeks since then, according to Dune data, $2.9 million has been handed out to coin creators. The biggest earner from the scheme was wallet w3rE that deployed MOONPIG, a meme coin about a pig…