Author: NBTC
In the final week of May 2025, Ethereum’s network saw its weekly user engagement reach a new all-time high, according to data from Growthepie. The data shows a record spike in the number of unique wallet addresses interacting with one or more chains within the Ethereum ecosystem. Ethereum Weekly Engagement. Source: Growthepie.com / X Weekly Active Addresses Top 17.4 Million; Layer 2 Networks Lead Growth During the last week of May 2025, the number of unique active addresses hit 17,409,932; a solid 16.95% increase compared to the previous week. The surge pushed Ethereum’s engagement level well above earlier peaks seen…
Momentum, a decentralized exchange built on the Sui blockchain, has secured a strategic funding round at a $100 million valuation led by OKX Ventures. Momentum, a ve(3,3) DEX on Sui, has announced the successful completion of a strategic funding round valued at $100 million. The round was led by OKX Ventures and included participation from Coinbase Ventures, Protagonist, DNA Fund, Gate Ventures, MEXC Ventures, and KuCoin Ventures. The newly raised capital is intended to help scale platform operations, increase liquidity depth, and support the development of new product features aimed at both retail and institutional users. The latest round follows…
On June 7, 2025, Blum marked a pivotal moment with the completion of its airdrop snapshot. The announcement, shared via the project’s official X account underscores its transition from a Telegram-based gaming platform to a hybrid Decentralized Exchange (DEX) with promising token utilities. Following the announcement, the crypto community is keenly focused on the forthcoming details of the $BLUM token airdrop and its tokenomics, anticipated to be unveiled between June 14-20, 2025. This development signals a new phase for the project, building on its foundation of user engagement and innovative blockchain solutions. Blum Snapshot: A Detailed Overview The snapshot served…
Reddit has launched a lawsuit against artificial intelligence firm Anthropic, accusing the company of scraping its platform and using Reddit content without permission to train its Claude AI model. The complaint, filed Wednesday in a U.S. federal court, alleges that Anthropic violated Reddit’s user agreement and continued to access Reddit servers, including doing so more than 100,000 times after publicly claiming to have ceased such activity in July 2024. Reddit is seeking damages, restitution, and a court order barring Anthropic from using any Reddit-derived data in its products, including preventing the company from licensing or profiting off any AI programs…
Robinhood has finalized its $200 million acquisition of Bitstamp, one of the longest-operating cryptocurrency exchanges globally. The all-cash deal, originally announced in 2024, marks a strategic pivot for the retail trading platform as it targets institutional crypto services and international expansion. By acquiring Bitstamp, Robinhood gains immediate access to more than 50 active crypto licenses across Europe, the UK, and Asia — significantly broadening its global regulatory footprint. The acquisition also delivers a ready-made institutional client base, a segment Robinhood had previously struggled to penetrate. The move positions Robinhood to go beyond retail crypto trading and into institutional-grade offerings. These…
VERA, a secure B2B messaging platform, has partnered with decentralized identity infrastructure provider cheqd to bring verified digital identity into business communications. In a press release shared with crypto.news, VERA announced that it has integrated cheqd’s decentralized identity stack, including Verifiable Credentials, AnonCreds, and DID-linked resources. This lets VERA users authenticate counterparties in real time, helping reduce risks in industries like construction, procurement, and finance where fraud and timing are serious concerns. It also allows for fast onboarding of new suppliers, secure sharing of documents, and fraud-resistant invoicing, all through a single, encrypted platform. “cheqd’s infrastructure allows us to not…
Bitcoin (BTC) is back trading near the $110,000 mark, up nearly 4.5% over the last seven days. The price has held above $105,000 for the past four days, reinforcing bullish sentiment in the market. This steady performance comes amid a pause in whale accumulation and strong technical indicators such as bullish EMA alignment and Ichimoku Cloud support. As BTC tests key resistance levels, traders watch closely to see whether momentum will carry or a pullback is on the horizon. BTC Whales Pause Accumulation Between May 28 and June 4, the number of Bitcoin whale wallets—those holding between 1,000 and 10,000…
Last month, CoinDesk reported that big money is becoming increasingly bullish on ether ETH$2,461.38, with price charts indicating a potential rally above $3,000.New evidence has now emerged, supporting those claims. On Thursday, a trader paid a premium of over $2 million to purchase a total of 61,000 contracts of June-end expiry ether call options at strikes $3,200 and $3,400, according to data source crypto options exchange Deribit. Theoretically, the $3,200 call is a bet that ether’s price will rise from the current $2,460 to over $3,200 by the end of the month. The purchase of the $3,400 call indicates expectations…
Strategy (MSTR), the largest corporate holder of bitcoin BTC$103,848.26, has priced the new preferred stock offering designed to give long-term investors a fixed 10% annual return with no management fees.The firm will sell 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD), expecting to bring in an estimated $979.7 million after fees and expenses, according to a press release. The shares, which sit below Strategy’s other preferred offerings STRF and STRK, are set to settle on June 10. Unlike STRF, which has senior status and lower volatility, and STRK, which is convertible and pays 8%, STRD…
Floki’s highly anticipated MMORPG, Valhalla, has been officially named the Presenting Partner and Exclusive Title Sponsor of the 2025 Global Esports Industry Week (GEIW). This premier esports event, scheduled for June 18–22, 2025, will spotlight the convergence of gaming, Web3, and blockchain as Valhalla claims a dominant role just days ahead of its mainnet launch on June 30. Image: Floki Full Spectrum Exposure at GEIW As the presenting partner, Valhalla will have a commanding presence throughout the five-day event, with branding on the main stage, signage, official agendas (both print and digital), and even exclusive Valhalla-themed lanyards. Attendees will also…