Author: NBTC
The Arbitrum Foundation has officially opened applications for the third phase of its funding plan, which will run from April 15 to the end of June. The phase aims to support dApp projects across various domains, including games, NFTs, social platforms, DAOs, and defi applications. The foundation is adopting a more structured approach by introducing grant tracks, allowing for a fairer and more transparent distribution of funds based on each project’s stage, growth prospects, and type. Phase two is set to end on April 3. What’s new?Grant Tracks.– Phase 3 will continue to focus on dApps but introduce a more…
After months of rallying and predominantly trading in the green zone, Bitcoin (BTC) faces a new sobering reality, with the maiden cryptocurrency poised to close April with losses. These losses come after the asset enjoyed a seven-month streak of bullish price movements, highlighted by key events such as the approval of the first US spot Bitcoin exchange-traded fund (ETF) and the halving. Reviewing the asset’s price, crypto trading expert TradingShot suggested in a TradingView post on April 30 that the one-month decline should not cause alarm. Notably, amid the price drop, Bitcoin has struggled to maintain its valuation above $60,000,…
Fox Business reporter Eleanor Terrett said in her post that new court records show that SEC Chairman Gensler believes Ethereum is a security. According to the documents of the lawsuit that Ethereum development company Consensys recently filed with the SEC; The SEC and its chairman, Gary Gensler, believe ETH has been traded as an unregistered security for at least 1 year. Related News JUST IN: Ethereum (ETH) Case to SEC! According to new court documents, on March 28, 2023, Gurbir Grewal, head of the SEC’s Division of Enforcement, approved a formal investigation order into the securities status of Ethereum and…
OKX Ventures, the venture arm of the popular crypto exchange and Web3 technology firm OKX, today announced a groundbreaking collaboration with Stanford’s Future of Digital Currency Initiative (FDCI) that will accelerate the growth and sustainability of blockchain technology while defining the digital currency revolution. We are excited to partner with @Stanford Future of Digital Currency Initiative to advance research and collaboration in promoting blockchain innovation!https://t.co/w2oeDPOASe — OKX Ventures (@OKX_Ventures) May 1, 2024 OKX Ventures and FDCI Collaborate to Redefine Blockchain Education The Future of Digital Currency Initiative at Stanford University is an industrial affiliates program situated in the Department of…
Centrifuge, a platform for on-chain finance that’s taking the lead in the tokenized real-world assets ecosystem, has announced the first RWA transaction on Celo. The platform revealed via a blog post on March 29 that the Celo ecosystem had allocated $1 million in US Treasuries on Centrifuge. According to the announcement, members from the Celo ecosystem allocated the investment into the Anemoy Liquid Treasury Fund. Anemoy, is a Web3-native asset manager whose LTF is a British Virgin Islands (BVI) licensed US Treasury fund. The fund has seen increased investor interest in recent months as investors eye low-risk yield. “The Celo…
As Bitcoin keeps plunging, some whales have been purchasing the world’s leading cryptocurrency on the dip. Analytics X account @OnchainDataNerd has reported that several hours ago, four anonymous cryptocurrency wallets purchased an impressive 2,603 BTC – that is the equivalent of approximately $166.2 million. The Bitcoin was purchased on the largest US crypto exchange Coinbase and withdrawn. The analytics account pointed out a curious, though inexplicable, nuance – after the withdrawal three of these wallets have the same balance of 762.8 BTC. That amount of Bitcoin is worth roughly $48.77 million. 10 hours ago, there were 4 wallets withdrew totally…
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower lows, signaling continued bearish momentum. This downtrend is mirrored in the 4-hour chart where a recent sharp decline was followed by a modest recovery, only to descend again, indicating strong selling pressure. The daily chart underscores this bearish narrative with a significant downward trend from…
Anchorage Digital is now custodying shares of a tokenized Treasury fund via a partnership with Arca Labs meant to advance institutional participation in the segment. The link-up comes as the tokenization of real-world assets is set to continue as a “defining trend” for institutional crypto in 2024, Anchorage CEO Nathan McCauley told Blockworks. The innovation unit of crypto investment firm Arca first issued shares of its US Treasury Fund as digital asset securities, known as ArCoin, in 2021. The company has argued that ArCoin can replace US Treasurys in enterprise workflows while reducing costs and improving transparency. The company has…
Yolo Investments, a venture capital firm with strong interests in games, fintech, blockchain and emerging technologies, recently announced an $8 million investment in Toncoin and the overall TON ecosystem. Justin Hyun, Director of Growth at TON Foundation, said he is excited to have Yolo Investments join TON: “Yolo Investments has demonstrated its commitment to the ecosystem by investing in various projects. We believe that the theses of cryptocurrency mass adoption through Telegram, especially the gaming industry, are compatible with our go-to-market strategy. “We look forward to working with Yolo Investments to bring crypto to the masses through platforms like LearnCrypto.com…
Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE On Saturday, January 3, 2009, Bitcoin was born. With the creation of the very first Bitcoin block—known as the ‘Genesis Block’—the first set of 50 BTC was mined into existence. This genesis block is considered the start of the Bitcoin blockchain—and the beginning of the cryptocurrency revolution. Many would argue that the day it was minted represents Bitcoin’s birthday. Though others instead believe that Bitcoin’s birthday is actually three months earlier—when the Bitcoin whitepaper was first released. As the first block ever created, the genesis block is the start of the immutable…