Author: NBTC
Key Takeaways HyperSwap is the first native decentralized exchange (DEX) and liquidity hub built on HyperEVM, the Ethereum Virtual Machine (EVM)-compatible blockchain developed by Hyperliquid. It plays a pivotal role in the Hyperliquid ecosystem by providing a permissionless, efficient, scalable platform for trading, liquidity provision, and token launches. Unlike Hyperliquid’s Layer-1 DEX, which focuses on high-performance derivatives trading with an on-chain order book, HyperSwap is a specialized DEX for HyperEVM, enabling seamless interaction among protocols, market participants, and emerging projects. Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who…
Celsius founder Alex Mashinsky will reportedly see out his 12-year prison sentence in a facility that was once described by Forbes as “Bernie Madoff’s desired retirement home.” The FCI Otisville facility, located in the State of New York, is divided into a minimum security camp and a medium security prison. Judge John Koeltl sentenced Mashinsky for fraud relating to the manipulation of Celsius’s token and recommended that he go to the FCI Otisville Camp. Otisville has previously been home to the likes of Donald Trump’s former lawyer, Michael Cohen, Fyre Festival creator, Billy McFarland, and Kenneth I. Starr, the former…
Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with the bitcoin BTC$102,524.33 price improving in the second quarter of this year and MARA focusing on more sustainable energy sources such as solar and flared gas-driven data centers, power costs should come down in the coming quarters and help margins. “MARA is expanding infrastructure at its 114 MW wind farm and has fully energized its 25 MW micro flared gas data center,…
SFT Protocol, a chain for interoperable blockchains, has announced its cutting-edge collaboration with Self Chain, a modular Layer 1 blockchain. This strategic step signifies the convergence of decentralized infrastructure and AI. Through this alliance, two innovation-focused platforms come together to introduce scalability, security, and usability of the next-gen blockchain. SFT Protocol has shared this development via its official X account. Thrilled to partner with @selfchainxyz — a Modular L1 and AI-powered intent layer built to simplify Web3 through chain abstraction, keyless wallets, and autonomous execution! 🔥With features like AI Agents, MPC-TSS keyless wallets, and PayFi real-time automation, Self Chain is……
⚈Ethereum jumped 26.78% in one day, adding $66 billion in market cap⚈ ETH now targets $2,476 and $2,739 resistances, with support at $1,934⚈ Long/short ratio at 1.633 signals continued bullish momentum, low bearish pressure In a 24-hour rally that started in earnest on May 8, Ethereum (ETH) rocketed 26.78% to its press time price of $2,451. The sheer magnitude of the move is best seen in the change in ETH’s market cap, which surged by almost exactly $66 billion. Early on May 8, the token’s valuation amounted to $232.84 billion, while at press time in the morning of May 9,…
Banking giant Citi and SIX Digital Exchange (SDX), the digital assets-focused arm of Switzerland’s main stock exchange, are teaming up to tokenize non-publicly traded shares in a move to streamline a $75 billion market that’s littered with PDFs and paper documents. Citi will act as a custodian and issuer agent for tokenized versions of late stage, pre-IPO equities on SDX’s regulated blockchain-based Central Securities Depository (CSD) platform, the companies said on Tuesday. Citi said the platform, which is expected to go live in the third quarter, will exclude U.S. investors, but is otherwise global with an initial focus on Switzerland,…
According to respected blockchain sleuth Whale Alert, which monitors high-volumed cryptocurrency transfers, a massive amount of cryptocurrency has been moved over the past two hours. This transfer carried almost $107 million worth of the fourth-largest coin, XRP. This aligned with a substantial XRP price move upwards triggered by important recent developments in the market. $106,691,613 in XRP on the move The above-mentioned source revealed that a significant amount of crypto, namely 46,495,041 XRP worth $106,691,613, has been transferred between two wallets marked by Whale Alert as anonymous. XRPscan did not shed any light on the source or destination wallets, confirming…
BlackRock, one of the world’s largest asset management companies, held an important meeting with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9. During the meeting, issues such as staking practices, tokenization of securities, approval standards for crypto exchange-traded funds (ETFs) and defining option transactions for these ETFs were discussed. BlackRock, which requested the meeting, introduced its digital asset product portfolio by making a presentation to SEC officials. The company’s products such as IBIT (Bitcoin ETF), ETHA (Ethereum ETF) and BlackRock USD Institutional Digital Liquidity Fund (BUIDL) were evaluated in light of market developments. BlackRock also…
The American financial services firm Robinhood is said to be preparing the rollout of its own blockchain, according to two individuals with direct insight into the initiative. Sources noted that both Arbitrum and Solana have been evaluated as potential partners in the project’s development. Robinhood Plots Bold Blockchain Leap Much like its counterparts in the digital asset financial sphere, Robinhood is reportedly developing a proprietary blockchain network designed to enable European clients to trade U.S. equities, according to a Bloomberg report, which cited two individuals with knowledge of the alleged project. Bloomberg’s Muyao Shen noted that Robinhood Markets Inc. has…
Bitcoin (BTC) surged decisively past the $100,000 milestone, trading near $102,500 with a solid 4.7% gain over the past 24 hours. This significant move comes with growing signals of institutional crypto adoption, highlighted by fresh corporate announcements. A recently uploaded video showed Jetking CEO Harsh Bharwani revealing his company’s plans to increase its Bitcoin holdings in a notable adoption move. JUST IN: INDIAN PUBLIC COMPANY JETKING CEO SAYS HE IS RAISING BILLIONS TO BUY 18,000 #BITCOIN CORPORATE ADOPTION GOING PARABOLIC 🚀 pic.twitter.com/izDP6zBZK5 — The Bitcoin Historian (@pete_rizzo_) May 7, 2025 Jetking CEO Unveils Multi-Stage Bitcoin Accumulation Plan According to Bharwani,…