Author: NBTC
The DeFi projects are making considerable progress in terms of burning Ethereum, based on the latest market statistics. As per the data from the crypto analytics firm Phoenix Group, Metamask, Uniswap, and Gnosis are the leading players among the top DeFi projects burning Ethereum this week. The platform took to social media to share the list of prominent Ethereum burning projects. TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #Metamask #Gnosis $GNO #Pendle #1INCH #Aave $AAVE #KyberSwap #0xProtocol $ZRX #Paraswap $HEX pic.twitter.com/uenKYJjsUc — PHOENIX – Crypto News & Analytics (@pnxgrp) February 23, 2025 Metamask Leads DeFi Projects Based on $ETH Burned over…
Ethereum price remains in a bear market, and three risky chart patterns suggest that it may experience a 20% crash soon. Ethereum (ETH), the second-biggest coin in crypto, retreated to $2,670 on Monday, down by over 35% from its highest level in December. Its performance happened as it faced substantial competition in the blockchain industry. Most of this competition is coming from popular layer-1 networks like Berachain (BERA), Solana (SOL), and BNB Smart Chain (BNB). Ethereum is also losing market share to layer-2 blockchains like Base and Arbitrum, that have become popular because of their lower costs. For example, DEX…
The crypto market is in a full-scale meltdown, with $325 billion in market cap wiped out since Friday morning as of press time, according to data from Coinglass, which also shows that the largest drop was when $100 billion disappeared within one hour. There were no major headlines covering the sudden crash, making it seem like not a big deal at all, almost as if no one even cared anymore. Even meme coins, which had been on fire in recent weeks, have taken a severe hit. Liquidity has dried up across the board, raising concerns about even more downside. The…
GTP War, an FPS blockchain game project, has announced a strategic partnership with Versus, a decentralized PvP gaming platform. The collaboration between Versus and GTP War is based on a mutual long-term mission to prevail in the blockchain gaming landscape. As a result, this partnership enabled the integration of the GTP War network into Versus’ infrastructure to advance GTP’s presence in the blockchain gaming world. GTP War is a First-Person Shooter (FPS) blockchain game platform that offers multiple important and innovative features of shooting games, with advanced gameplay and visuals. On the other hand, Versus is a decentralized player-versus-player (PvP)…
The following is a guest post from Sofia Bobrik, CEO and Co-founder at TechWaves PR. Latin America is a tough market for the region’s telcos and their customers. From indebted operators, falling revenues, and counterproductive incentives to unaffordable tariffs, low service quality, as well as a gap in connectivity and demand, the LATAM telecom industry must undergo a substantial transformation to become financially sustainable for participants. Decentralized Physical Infrastructure Networks (DePINs) are capable of tackling these challenges and fostering the sector’s much-needed evolution with a distributed and resilient infrastructure facilitating scalable, reliable, and affordable telecom solutions across LATAM and beyond.…
El Salvador is closing in on holding 6,000 bitcoins in its national reserve, strengthening its role as a global leader in cryptocurrency adoption. Since making Bitcoin legal tender in 2021, the country has steadily increased its holdings of the digital currency. This landmark reflects El Salvador’s commitment to Bitcoin and its vision for a transformed financial future. With countries like the United States beginning to explore Bitcoin as a reserve asset, El Salvador’s pioneering stance is gaining global recognition. El Salvador is about to reach 6,000 bitcoins in reserveThat milestone will reinforce the leadership the country has sustained since the…
A prominent decentralized exchange (DEX), PancakeSwap has been integrated with Monad Testnet which operates as a high-performance blockchain solution for efficiency and scalability. The partnership combines efforts to deliver optimized decentralized finance (DeFi) trade execution alongside reduced costs with expanded liquidity options to DeFi users. Through this strategic integration, PancakeSwap benefits from Monad’s transaction processing speed and executes thousands of transactions automatically while finalizing transactions within an instant. 🐰💜PancakeSwap is Now Live on @monad_xyz Testnet https://t.co/a9GomAtlhLReady to trade smarter, faster, and cheaper? Here’s what you can expect https://t.co/ItYk1HPG3J 🧵👇 pic.twitter.com/swHlShT8MI — PancakeSwap (@PancakeSwap) February 24, 2025 The system delivers fast…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. First, let’s get one thing clear. No serious person in the Ethereum community was advocating to “rollback” after the $1.5 billion Bybit hack. These are simply not genuine debates. As some have pointed out, they’re more like an external psyop designed to sow confusion. Ethereum has never performed a rollback. The term itself is a misnomer. A true rollback would require reversing all transactions since the Bybit hack — disrupting DeFi, liquidity pools and every user who has transacted in that timeframe. That’s not how Ethereum works.…
Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.9 billion in Q4 2024, more than doubling from the previous quarter, as smaller-city investors sought new income sources amid weak job growth and wages, Reuters reports. Tighter stock market regulations and growing curiosity about cryptocurrencies have pushed more traders toward crypto. Many young Indians, previously trading stocks and derivatives, now see digital assets as an alternative “especially with Trump becoming the U.S. president and the entire flavor of…
As the cryptocurrency industry matures and institutional adoption increases, digital assets, although still volatile, and slowly moving toward being more akin to traditional, buy-and-hold investments. One subsection of the industry, however, is still prone to incredible amounts of volatility, which can see relatively small investments turn into fortunes overnight — or even in the span of a couple of hours. The subsection in question is, to little surprise, meme coins. In one such instance, a savvy trader loaded up on millions of Kekius Maximus (KM), purchased for just a little over $4,000. Quite soon, the trade paid off — in…