Author: NBTC
DWF Labs has withdrawn $6.43 million in meme tokens from centralized exchanges, incurring a 13% loss that underscores the volatility of the meme coin market. This withdrawal involved six out of seven tokens being sold at a loss, highlighting the challenges faced by investors in maintaining profitable positions within this niche sector. According to COINOTAG, DWF Labs’ strategic moves could significantly influence secondary market liquidity and increase short-term price volatility in meme tokens. DWF Labs’ $6.43M meme token withdrawal reveals a 13% loss, impacting market liquidity and volatility amid ongoing challenges in meme coin investments. DWF Labs’ Strategic Withdrawal Highlights…
In a pivotal shift for U.S. crypto policy, the Securities and Exchange Commission clarified on May 29 that most staking activities on proof-of-stake (PoS) blockchains do not constitute securities transactions—marking a major departure from the agency’s previously aggressive stance under former Chair Gary Gensler. The move, issued in a statement titled “Providing Security is not a ‘Security’,” alleviates legal uncertainty that had long stifled innovation and discouraged American participation in network staking. While the clarification is not a binding rule, it signals a more open regulatory posture under the current administration. It could also unlock significant growth in staking-related infrastructure,…
Reece Merrick, Ripple’s Senior Executive Officer and Managing Director for the Middle East & Africa, recently shared a key prediction about the future of cross-border payments. In an X post, Merrick wrote, “$50+ Trillion by 2032? Last year, B2B cross-border payments market hit $31.6 trillion, and we expect it to grow by 58% in the next seven years.” $50+ Trillion by 2032? Last year, the B2B cross-border payments market hit $31.6 trillion, and we expect it to grow by 58% in the next seven years! Whether you’re a business leader eyeing international expansion or a payments provider navigating complex corridors,…
BNB Chain rolled out an AI-powered assistant—simply named the BNB Chain AI Bot, as part of its 2025 roadmap, This is a round-the-clock digital teammate integrated across the BNB Chain ecosystem. Seamless Help Where Developers Already Work The AI Bot is live in all the right places: the official BNB Chain website, docs portal, blog, Discord, Telegram, and even the Cursor IDE. That means builders don’t have to jump between tabs or wait for replies in crowded forums. From fixing broken code to explaining blockchain upgrades (like BEPs), the AI Bot answers in real time. It’s designed to understand context,…
Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins. Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock markets Tuesday. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, exchange coins and memecoins — has risen 3.3% in the same period of time, mostly thanks to ether ETH$2,772.06, solana SOL$165.33, chainlink LINK$15.26 all gaining 5%-7%. The standout performances, however, were put on by uniswap UNI$8.34 and aave AAVE$306.78, which…
New data reported today by DefiLlama listed top-performing blockchains in the DeFi sector rated by the prominence of their TVL. Top 10 Chains by DeFi TVL According to the data, Ethereum is still the leader in the DeFi landscape. In other words, Ethereum is the largest blockchain in the DeFi world as the holds the largest TVL (total value locked). It currently commands a whopping $61.38 billion in TVL, despite a small decline of 0.91% noted over the past week. Solana takes the second place. It experienced a slight decrease of 0.05% in the past seven days, currently making its…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The Ethereum Foundation has redrawn its engineering playbook just as its next major hard fork, Glamsterdam, takes shape. Announced Monday, “Protocol” is a reorganized EF R&D division focused on three goals: scaling L1, expanding blobspace and improving UX. Project coordinator Tim Beiko set the tone: “Protocol is now a more united and leaner organization with more focused teams…ensuring the EF’s resources are allocated toward maximal impact.” Beiko and Ansgar Dietrichs will co-lead L1 scaling, while Francesco D’Amato and Alex Stokes oversee blob expansion and Barnabé Monnot and…
On June 4, GIBO Holdings Ltd. (NASDAQ: GIBO), AI-driven animation streaming company, announced the USDG.net engine testing. The designed engine is enabling crypto transactions within the GIBO Click ecosystem and various short drama platforms based on WeChat. USDG.net is able to provide real-time payment settlements using USDC, USDT, ETH, BTC, and other crypto assets. The first integration was conducted in collaboration with several WeChat-based apps that are designed for users to watch short dramas within the messaging app. These platforms tested the development of USDG.net for future apps in creator compensation, licensing, and audience incentive programs. The USDG.net engine, being…
Sonic Labs and CoinEasy focus on local education and workshops to help Korean builders better understand Web3 and real-world dApp usage. Sonic Labs partners with Galaxy and GSR to expand the Sonic ecosystem and provide support for early-stage DeFi projects. Sonic Labs’ latest move to partner with CoinEasy to expand their reach in South Korea is not just an ordinary expansion. There is a fairly unique strategy behind this partnership: a local, community-based approach. On the one hand, South Korea is known to have a strong digital ecosystem. But approaching developers and users in the country is still not easy,…
The SEC has dismissed its lawsuit against Binance, marking a major shift in the U.S. approach to crypto. The dismissal marks a symbolic end to one of the most aggressive crypto crackdowns in U.S. history. In a newly released statement, Binance expressed relief and optimism, stating that the SEC case dismissal is a win for cryptocurrency, the United States and the world. “The move signals a global green light for responsible crypto innovation, boosting confidence from the U.S. to the EU and beyond,” Binance stated. It further added that the legal decision is a signal to the world that “the…