Author: NBTC

An investor has turned a modest investment of 30.3 SOL (approximately $5,300) into a massive 5,906.4 SOL (equating to $1.03 million), leveraging theblockchain platform. This represents a staggering 195-fold increase in their initial stake. The savvy trader’s strategy involved acquiring 261.27 million tokens of the digital asset $EPIK and selling off 231.27 million $EPIK for a return of 5,936.7 SOL ($1.04 million). This remarkable transaction underscores cryptocurrency markets‘ highly volatile and potentially lucrative nature. In just 1 day, this guy made 5,906.4 $SOL($1.03M) with only 30.3 $SOL($5.3K) on #Solana, a gain of 195x.He spent 30.3 $SOL($5.3K) to buy 261.27M $EPIK…

Crypto.com says it’s postponing a planned app launch in South Korea after reports of an on-site inspection of the exchange’s activities by local regulators. The inspection was over alleged failures to prevent money laundering, according to reports. Crypto.com says it maintains the “highest” anti-money laundering standards in the industry. Crypto.com said it’s postponing a planned launch in South Korea after local news outlet Segye Ilbo reported on Monday that the exchange platform was facing an “urgent on-site inspection” over money laundering concerns. The report said that South Korea’s Financial Intelligence Unit (FIU) under the Financial Services Commission had discovered “problems…

Etherisc, a leading decentralized insurance platform, has made a significant stride in improving interoperability within the blockchain ecosystem by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration spans across the Ethereum mainnet and Base, a layer-2 scaling solution built by Coinbase. Through Chainlink’s CCIP, Etherisc’s native token DIP now enjoys seamless and secure connectivity between the Ethereum network and the Base layer-2 network. The collaboration between Etherisc and Chainlink underscores the importance of reliable, tamper-proof on-chain data in decentralized insurance. Chainlink’s proven track record in providing secure and reliable data oracles has enabled Etherisc to develop its products in a…

Bitcoin ETF inflows surged on March 11, 2024, with a net gain of $505.5 million, according to data from Bitmex Research. The strong performance was led by BlackRock’s iShares Bitcoin ETF (IBIT), which saw inflows of $562.9 million, representing a 0.12% increase in total assets. Fidelity’s FBTC fund also contributed to the positive momentum, attracting $215.5 million in new investments. Other notable Newborn Nine ETFs with inflows included Bitwise’s BITB fund ($49.8 million), ARK Invest’s ARKB fund ($13.0 million), and VanEck’s BRRR fund ($118.8 million). VanEck’s announcement to waive fees until 2025 led to its strongest day by far. Previously,…

Swing, a famous decentralized protocol to provide liquidity across chains, has announced a new integration. As per the company, Manta Network (a modular blockchain dealing with ZK applications) is integrating with it to enable developers to use zero-knowledge technology. In addition to this, they can also explore the exclusive possibilities present in the decentralized finance sphere. Swing x Manta Network We’re excited to announce the integration of @MantaNetwork With Manta now live on Swing, developers can leverage the power of zero-knowledge (ZK) and build cross-chain applications across Manta Pacific and Manta Atlantic.https://t.co/CAYcJLs13z pic.twitter.com/jUChkFkfzZ — Swing | Unified Cross-chain UX 🤖…

Coinbase CEO Brian Armstrong explains the importance of Bitcoin in response to the United States’ $30 trillion surge in national debt over the last 28 years. In the context of the United States’ burgeoning national debt, Robert Sterling, CFO of 20 Dollar Consulting, highlights the alarming rate at which the U.S. debt has grown, underscoring a bipartisan trend of fiscal expansion under successive administrations. Sterling points out that the acceleration of debt accumulation began with George W. Bush and continued through the previous three presidencies. Significant milestones were crossed in response to military spending, tax cuts, the Great Recession, and,…

In a recent development, Starknet, Ethereum’s layer-2 scaling solution leveraging zero-knowledge rollups, announced a groundbreaking feature by AVNU, its native DEX aggregator. AVNU’s newly launched Paymaster feature aims to transform the way users interact with gas fees on Starknet, potentially making gas fees a thing of the past. AVNU’s Paymaster, currently in beta, introduces a novel approach to paying gas fees on Starknet. While traditionally users could only pay gas fees using Ethereum (ETH) or Starknet’s native token (STRK), the Paymaster now allows payments in stablecoins USDC and USDT. This feature is not just an addition but a transformative step…

In the wake of new inflation data, the crypto market experienced $164.52M in liquidations over the past 12 hours, with $119.88M in long positions and $44.64M in short positions being flushed out. Bitcoin accounted for $48.31M of the total liquidations. The US Market Open again seemed to be a bigger catalyst than inflation data as the open saw another leverage sweep, aligning with yesterday’s analysis of crypto leverage. Bitcoin rose by 1 % to create a new all-time high of $72,940, followed by a decline to $70,900 before returning to around $71,880 as of press time. The US annual inflation…

While the broader crypto market trades flat, meme coins have had a torrid time of it today, as they retrace from recent peaks. Solana-based Dogwifhat (WIF) dropped double-digits overnight, as it continued to slip from an all-time high set on March 31st. The cryptocurrency is currently down 15.9% on the day and 10.4% on the week, trading at $3.26, per data from CoinGecko. Other dog-themed coins have slipped over the past day, with Dogecoin (DOGE) down 4.9%, Floki Inu (FLOKI) down 6.4% and BONK down 5%. Of the canine coin category, only Shiba Inu (SHIB) is trading flat on the…

Vitalik Buterin, the co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge. This revelation comes from a broader examination by Arkham, a blockchain intelligence firm, which disclosed that numerous crypto addresses have substantial amounts lodged in bridge contracts across different networks. Cross-Chain Challenges: Ethereum Wallets Grapple With Locked Assets A wallet address that received 50 Ethereum (ETH) from Buterin’s identifiable Ethereum Name Service (ENS) address vitalik.eth, has seen $1.05 immobile for the past seven months. If genuinely linked to Buterin, these funds represent merely a sliver of his vast $781 million cryptocurrency holdings. Arkham’s investigation revealed…