Author: NBTC
A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins. The migration includes the transition of the Unique Node List (UNL) published by the old XRPL Foundation to the new XRPL Foundation. ⚠️ XRPL Nodes and Validators: Action Required ⚠️The UNL migration to the new XRPL Foundation is underway. Validators must update their configurations by March 10, 2025, to ensure continued network participation.Avoid downtime—update now: https://t.co/S1IQiecV5l — RippleX (@RippleXDev) February 19, 2025 Importantly, any validators and node operators that rely on the old UNL will need…
Robinhood CEO Vlad Tenev said the platform might need blockchain technology to operate 24/7. In an interview with Yahoo Finance, Tenev noted that 24/7 trading would be tough to operate on traditional infrastructure. According to Tenev, the platform already operates 24/5 trading, which means users can use it 24 hours a day on weekdays. However, he noted that setting this up has been complicated, which is why most other stock trading platforms do not offer it yet. He added that it is unclear whether Robinhood market participants are prepared for a 24/7 market. Tenev said: “24/7 is going to be…
Bitcoin’s been in a rut lately and traders are growing restless as the market consolidates. However, renowned analyst Michael van de Poppe sees Bitcoin’s lackluster price action in a positive light. He thinks BTC’s ‘boring state’ could benefit altcoins, with Ethereum as a key contender. It’s the boring state for #Bitcoin.The good part is: Bitcoin goes up slightly, #Altcoins go up significantly more. I think that we’ll continue to see that. #Bitcoin above $100K#Ethereum above $3K pic.twitter.com/a8Rwfi9xYb — Michaël van de Poppe (@CryptoMichNL) February 21, 2025 The expert predicts that Bitcoin could break $100K, while Ethereum might surpass $3K. Historically,…
Auto Legends, the Web3 drag racing game designed for car enthusiasts and competitive gamers, has secured a $1 million strategic investment from Coinbase Ventures’ Base Ecosystem Fund, alongside Operating Group and Draper Dragon. This investment is part of a $9 million fundraising round, reinforcing confidence in Auto Legends’ vision to redefine Web3 racing with high-octane competition and digital ownership.—Bringing AAA Racing to Web3Backed by a team of industry veterans who have crafted racing games for over 65 million players, Auto Legends is merging AAA gaming quality with blockchain-powered ownership. The fresh funding will accelerate development, enhance gameplay, and expand player…
Solana (SOL), popularly known as the “Ethereum killer,” has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees. Solana sees surge in transaction fees Data from DeFiLlama shows that Solana’s cumulative revenue fees rank it ninth, ahead of Ethereum and Tron. USTD, USDC, PancakeSwap (CAKE), Pump.Fun and Meteora are ahead of SOL in fee generation. Others include Jito, Uniswap and Lido. Tron, which came in at 11th place, could gain $1.68 million in fees in the same time frame. Meanwhile, Ethereum is…
Binance has announced that it has taken decisive action against a market maker involved in allegations of irregularities involving GoPlus Security (GPS) and MyShell (SHELL). Following an internal investigation, Binance found that the same market maker responsible for GPS market activities was also involved in MyShell’s market making activities. In response, Binance removed the entity from its platform and banned it from conducting any further market making activities. Binance has implemented the following measures to protect its users and maintain market integrity: Market Maker delisted: The designated market maker has been removed from the system and is now prohibited from…
Coinbase (COIN) shares rose 5% in pre-market trading today on news that the U.S. Securities and Exchange Commission (SEC) will drop its lawsuit against the crypto exchange. COIN Up 5%, HOOD Gains 4%, Bitcoin Nears $100K as SEC Prepares to Drop Coinbase Case The regulatory change has created a new wave of bullish momentum in crypto markets, pushing Bitcoin (BTC) back toward the $100,000 level for the first time since early February. According to CoinGecko data, tokens previously labeled as securities have rallied in lawsuits filed by former SEC Chairman Gary Gensler. The SEC’s withdrawal of its high-profile lawsuit against…
This is a segment from the Empire newsletter. To read full editions, subscribe. If you ask Simon Dedic of Moonrock Capital what he wants to see in crypto, there’s one big item on his list: more consumer apps. In the last year, we’ve seen a slew of investments in infra projects — and we’ve even asked the question ourselves over at Blockworks: Are we building too much infrastructure? While Dedic would prefer to see more investments in consumer apps, he told me he wouldn’t be surprised if infrastructure remains a focus, at least on the venture capital side. “I just…
The LIBRA meme coin, initially framed as a funding mechanism for Argentina, has left a trail of empty wallets and shattered trust following its launch and subsequent collapse. The fallout revealed an $11 million crater of unrealized losses still hanging over 1,001 remaining holders, according to new research from blockchain analytics firm Nansen. Reaching a peak of $4.5 billion in valuation before its decline, the LIBRA token’s on-chain aftermath showed that a small group of wallets profited while most traders experienced losses. “Unrealized losses exceed unrealized gains by $4.57 million, highlighting a significantly larger imbalance,” Nansen analyst Nicolai Søndergaard wrote…
Spanish financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has gotten approval from the country’s financial regulator to offer bitcoin (BTC) and ether (ETH) trading to its clients, according to a Reuters report. The approval come as the Markets in Crypto-Assets (MiCA) regulation takes full effect across the European Union. This approval for BBVA marks the conclusion of a multi-year process for the Spanish lender to allow for its clients to get exposure to digital assets. In 2020, CoinDesk reported that BBVA planned to dip its toes in the sector, pending regulatory approval because MiCA wasn’t yet in place. BBVA initially…