Author: NBTC
Sonic SVM, the leading chain-extension Virtual Machine (SVM) on the Solana network, today unveiled a major upgrade to its SONIC tokenomics. It is swapping its traditional burn model for a more efficient buy-and-lock mechanism. This new mechanism will bolster long-term value for users and deepen alignment with Solana’s ecosystem. Under the new structure, half of all transaction fees will now be redirected to open-market purchases of $SONIC. These were previously sent directly to the burn address. Those tokens will be stashed in a dedicated vault under a 24-month linear vesting schedule. By creating steady buy pressure and gradually withdrawing tokens…
Attention, crypto traders and enthusiasts! Significant news has just broken regarding the StormX (STMX) token on major South Korean exchanges. If you hold or trade STMX, particularly on platforms like Upbit and Bithumb, this update is crucial for you. What Triggered the STMX Designation? Leading South Korean cryptocurrency exchanges, Upbit and Bithumb, have officially announced that the StormX (STMX) token has been designated as a closely monitored asset. This decision stems from the Digital Asset eXchange Alliance (DAXA), a collaborative body comprising major crypto exchanges in South Korea aimed at enhancing market integrity and investor protection. The announcement was made…
Blockchain Space Capital Solutions (BSCS), a popular multichain Web3 launchpad, has commenced a strategic collaboration with Pulsebot AI, the earliest crypto-led AI ecommerce entity. The partnership aims to expedite the creation and broad-scale adoption of cutting-edge AI-driven shopping assistance of Pulsebot AI. 📣 BSCS Partners with @PulsebotAI – Support AI Shopping Assistant Development🤝 We’ll provide strategic support initiatives for Pulsebot AI, including:✅ IDO Launch on BSCS Launchpad✅ Community Expansion✅ Cross-Marketing Activities#BSCS #Pulsebot #IDO pic.twitter.com/yKuTA6YLyR — BSCS Official (@BSCS_Global) May 18, 2025 The platform took to social media to reveal this notable collaboration. BSCS has revealed this groundbreaking collaboration with the…
Morgan Stanley has stated that Bitcoin now possesses sufficient market capitalization to be considered a U.S. government reserve asset. However, the financial institution cautioned that Bitcoin’s volatility remains significantly higher than that of other traditional reserve currencies. Notably, Bitcoin’s market capitalization stands at $1.87 trillion. Morgan Stanley estimated that a $370 billion allocation to Bitcoin would mirror its global market capitalization weight. The report also suggested that a U.S. reserve holding between 12% and 17% of the total Bitcoin supply would be consistent with how other reserve currencies are proportioned. The findings arrive as the Trump administration advances plans for…
SHIB-affiliated X account Shibarium Updates (@Shibizens) has published a tweet with a new update on the SHIB Alpha layer, which is being tested on Puppynet at the moment. Major reminder about SHIB Alpha L3 layer The tweet has shared key details on this layer-3 Shibarium layer. It will have seamless compatibility with ZK and Optimistic rollups. The X message emphasized that the SHIB Alpha Layer is “built to power scalable, low-cost infrastructure across a global network state—enabling real-world applications and next-gen dApps.” ✨Shib Alpha Layer✨A high-performance modular rollup abstraction layer engineered for sub-100ms finality, high throughput, and seamless compatibility with…
What started as an X rant of a crypto investor blaming Binance Alpha for raking airdrops while leaving testnet users with negligible rewards turned into a discussion, an open letter to Binance, and a trending hashtag #StopBinanceAlpha. Table of Contents Binance Wallet’s dominance What is Binance Alpha? Why did it get criticized? Binance Wallet’s dominance Primitive Ventures founder Dovey Wan emphasized the fact that Binance Wallet became a dominant power in the swap market after the shutdown of OKX Wallet due to its use by North Korean hackers. In her X post, Wan called Binance Wallet a MetaMask killer and…
Arbitrum has surpassed $1.5 billion in cumulative volume on Uniswap v4, signaling growing activity across the Layer-2 ecosystem. ApeChain, Elumia game launch, and tokenized treasury investment all strengthen Arbitrum’s expanding Web3 and DeFi presence. Arbitrum is back in the spotlight after its trading volume on Uniswap version 4 (v4) broke through $1.5 billion. This number shows how often people rely on this Layer-2 network for their daily transactions. Just imagine that in the not too distant future, that volume could approach other large numbers that were previously only owned by Ethereum. Source: Dune This news comes amid the surge in…
South Korean actor Hwang Jung-eum has been edited out of the final episode of SBS Plus’s reality show ‘Because I’m Single,’ following her courtroom admission that she embezzled $3.1 million (₩4.34 billion) from her own company to invest in crypto. “Hwang Jung-eum’s VCR segments will not appear in today’s final episode, which airs at 8:30 p.m.,” the production team said Tuesday as per local media reports. “Her comments as an MC will also be minimized.” The decision comes after Hwang testified last Thursday at the Jeju District Court, admitting to misappropriating approximately $3 million (₩4.2 billion) from a family-run agency…
Crypto markets saw 9.9% gains in April, led by Bitcoin, as tariff pauses boosted sentiment. Bitcoin (BTC) strengthened its dominance even as crypto markets are recovering. On Tuesday, May 6, Binance Research released a report on the state of the crypto markets in April. The report points out that the markets have recovered, gaining 9.9% over the month, largely thanks to pauses on tariffs. Despite the broader recovery, Bitcoin’s dominance has continued its steady rise, a trend ongoing since 2022. Currently, Bitcoin accounts for 63% of the total crypto market cap, the highest share since 2021. According to Binance Research,…
The Solana blockchain is hitting back-to-back milestones on DEXs while SOL price struggles to keep up in the market. Fresh data shows that Solana is leading all chains in weekly DEX volume for the 5th consecutive week, hitting $26.24 billion in the last 7 days with a surge of over 15%. The global digital assets market remained marginally down on Monday morning after recording a week full of high fluctuations. The biggest coins like Ethereum (ETH) and Solana (SOL) dropped by 4% and 6%, respectively. The cumulative crypto market cap dropped by 2% over the last 24 hours to stand…