Author: NBTC
Ethereum ICO participant Golem Network resumes its selling spree by transferring 4,850 ETH worth $13.2 million to liquid exchanges. Golem, a leading decentralized computing network, has transferred 4,850 ETH from one of its associated wallets, ‘0x159…53b94’, to Binance and Coinbase. With ETH currently trading at $2,756 per coin, the moved 4,850 ETH are worth $13.36 million. Transaction Details The team behind the project shifted the funds to Binance and Coinbase in nine separate transactions on February 20 between 15:46 (UTC) and 18:19 (UTC). Most of the funds went to Binance, with the exchange’s deposit address receiving 3,800 ETH, worth $10.47…
OKX Ventures, the popular crypto exchange OKX’s investment arm, has participated in the modular real yield layer Cygnus Finance’s pre-seed investment. As per OKX Ventures, by investing in Cygnus Finance via the pre-seed investment round, it recognizes the potential thereof to connect Web3 and Web2 through cutting-edge creator economy solutions. The platform disclosed this development on its official X account. Exciting news! OKX Ventures has joined the pre-seed round investment for @CygnusFi, a modular real yield layer, empowering any blockchain to easily customize its own restaking network and achieve shared security.Read more:https://t.co/Tz46bMX99F pic.twitter.com/RqLnf6iAt9 — OKX Ventures (@OKX_Ventures) February 21, 2025…
Cardano founder Charles Hoskinson has turned his attention to CIP-113, a proposal to standardize programmable blockchain assets. In a tweet, Hoskinson acknowledged the progress made on the initiative, expressing plans to review and provide feedback on the proposal. Hoskinson also revealed intentions to collaborate with the proposal’s development team via Cardano developer J.J. Siler to assess how CIP-113 could align with Cardano’s broader strategy for tokenizing real-world assets (RWAs). Additionally, Hoskinson highlighted the proposal’s potential integration with Midnight, Cardano’s privacy-focused sidechain. CIP-113: A Year in the Making Notably, the whole discussion around CIP-113 after senior blockchain engineer Matteo took to…
Pi Network mainnet will launch on February 20, with major exchanges like OKX and Bitget set to list its native token. Although the launch price has been heavily debated, several exchanges have announced potential airdrops and rewards. Exchanges are Offering Pi Network Airdrop Pi Network is currently the most highly anticipated crypto project in the industry. It has over 3.8 million followers on X (formerly Twitter), more than the Ethereum Foundation, Solana, and other major networks. After several delays and scam allegations, PI is finally launching on February 20. A number of major centralized exchanges will list the token on…
Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level. This key price point has acted as a stronghold for the cryptocurrency during its recent ascent, but now, the market is facing mounting pressure. Bearish strength is starting to gain traction, raising concerns that the $93,257 level might soon give way to further declines. The Relative Strength Index (RSI) is beginning to show signs of weakness, suggesting that momentum is shifting in favor of the bears. If Bitcoin fails to hold this support, it could trigger a wave of sell-offs, pushing the price toward…
Ethereum (ETH) continues to show bullish momentum, with the price currently at $2,759.09—a 0.99% gain over the past 24 hours. The cryptocurrency’s market cap rises to $332.64 billion, and its 24-hour volume jumps 7.89% to $15.28 billion. These movements point to growing buying interest as the market eyes resistance on February 22 and the potential to break through $2,800. Ethereum’s Current Price Trend The recent price action shows volatility along with an uptrend, marked by higher highs and higher lows—a sign of sustained bullishness. Increasing trading volume supports the possibility of further gains, and if ETH holds above $2,750, it…
The U.S. Marshals Service (USMS) is tasked with managing assets seized by law enforcement in the course of criminal investigations, like real estate, cash, jewelry, antiques or vehicles. It is also supposed to be handling cryptocurrencies — for example, the billions of dollars worth of bitcoin (BTC) seized by the Federal Bureau of Investigation (FBI) from darknet marketplace Silk Road in 2013. However, the USMS doesn’t seem to know how much crypto it currently has. In fact, the agency is struggling to come up with a rough estimate of even its bitcoin holdings, a source familiar with the matter told…
Popular cryptocurrency-related analytics service CoinGecko has published data about AI-themed meme cryptocurrencies as they have shown amazing growth today, Jan. 2, skyrocketing in market capitalization. According to this popular data platform, today, the overall market value of AI meme coins has surpassed the $10 billion market, showing amazing 26.4% growth within the last 24 hours. Ai16z leads AI meme coin rally before New Year Eve As for the trading volume over the past day, it has reached an impressive $2.46 billion. The largest AI meme coin among them is ai16z with a market capitalization value of 2.659 billion. As reported…
Two years ago, the Solana-based derivatives decentralized exchange, 01 went on an indefinite hiatus until today when it announced that it will relaunch as N1. According to a post from its co-founder Dima Romanov, the exchange will have the support of Arthur Hayes and some other VCs. Further into the post, Dima also revealed a walk down memory lane as he reminded readers of what happened to them in the first place. Dima is optimistic about N1 relaunch Dima’s long-form post on X began with him revealing how he, David Cao, and Sheheryar Parvaz set out to build the best…
Crypto mining firm BitFuFu has acquired a data center in Oklahoma for $20 million. According to reports, the NASDAQ-listed firm revealed that it has signed a definitive agreement, making it one of the majority owners of the operational Bitcoin mining data center. According to the report, BitFuFu priced the deal at $400,000 per megawatt, putting the total value of the 51 MW mining center at $20.4 million. The company noted that the transaction was funded from the cash in its balance sheet and common stock. The Oklahoma mining data center has been in operation since 2022, operating through an air-cooled…