Author: NBTC
VeChain ($VET) has announced an upgrade to its tokenomics, aiming to strengthen the value proposition of the $VET token. The new incentive-based models will enhance user engagement and improve the overall reward systems within the network. These updates, highlighted by Michaël van de Poppe, could drive changes in VeChain’s price behavior, including possible price stability and increased trading volumes, which could lead to a possible breakout for the token. $VET has released their tokenomics upgrades. Key takeaways:– strong incentive-based models for all participants within the ecosystem.– A reward system from which you can benefit.It’s a long read, but it’s a…
Rome Protocol and KiiChain have joined forces to accelerate the adoption of blockchain-based financial solutions in Latin America. The partnership will focus on real-world asset tokenization and cross-chain payment finance, aiming to create new liquidity opportunities for businesses, developers, and financial institutions, crypto.news can exclusively report. An example of this can be seen in Mexico, where people are exploring real estate tokenization to enable fractional ownership, Anil Kumar, CEO of Rome Protocol, told crypto.news. Meanwhile, Argentina is utilizing tokenized agricultural commodities as collateral for farm financing. RWA tokenization is the process of converting physical or traditional financial assets, like real…
Matthew Sigel, head of digital asset research at VanEck, has explained how just 5% of the G8’s reallocations from gold could impact Bitcoin supply. The world is slowly warming to Bitcoin and digital assets. Once viewed as highly speculative and lacking in intrinsic value, the pioneering crypto asset has forged a reputation as a store of value and digital gold. Since Donald Trump proposed a national Bitcoin stockpile, the prospects of holding the asset as a reserve asset have trended among nation-states. While the United States has yet to establish one, other countries are already looking to get ahead of…
Injective’s governance proposal aims to bring McDonald’s on-chain stock perpetuals to decentralized exchange dApps, expanding access to traditional assets in DeFi. The proposal leverages Injective’s iAssets and Oracle Module to enable efficient, transparent, and secure trading of McDonald’s stock through perpetual contracts. Injective is making another stir in the decentralized financial sector with a new governance proposal that seeks to include McDonald’s stock perpetual contracts into its network’s dApps ecosystem. If approved, this innovation will give traders greater possibilities in digital asset trading by allowing them to exchange McDonald’s stock on-chain with a perpetual contract mechanism. A new governance proposal…
Sony Group and Astar Network are launching a campaign with a 100 million ASTR reward to drive adoption and growth on the Soneium ecosystem. According to a press release sent to crypto.news, Japanese blockchain ecosystem Astar (ASTR) Network has partnered with Sony Group’s Ethereum layer 2 mainnet, Soneium, to launch the Astar Contribution Score campaign, which rewards users for actively engaging and providing liquidity in the Soneium’s DeFi ecosystem. The ACS campaign will run for 100 days, starting from Feb. 20 until May 30, 2025. During the campaign, participants can earn points by interacting with applications, providing liquidity to DeFi…
Base’s rapid growth positions the Coinbase-backed Ethereum Layer-2 solution to become a key infrastructure provider for mainstream consumer blockchain applications, per a new report by Nansen. Nansen highlighted significant developments slated for the second quarter, notably Flashblocks, Base Appchains, and smart wallet enhancements, which reflect infrastructure upgrades needed for consumer app adoption. Flashblocks, set for mainnet launch in Q2, will reduce pre-confirmation block times from 2 seconds to just 200 milliseconds, potentially making Base the fastest Ethereum Virtual Machine (EVM)-compatible blockchain. Further driving consumer use, Base Appchains enable high-throughput apps to deploy dedicated Layer-3 networks on Base. Current deployments include…
BTC broke through the $97,500 barrier earlier today amid sustained interest from institutional investors such as Strategy and Metaplanet, despite lower trading volume. Institutional Interest Remains High as Bitcoin Climbs to $97.5K Bitcoin (BTC) continues its cautious upward climb, reaching $97,414.42 at the time of reporting. This marks a 1.17% increase over the past 24 hours and a 1.45% gain over the past week. The cryptocurrency has traded within a 24-hour range of $95,412.89 to $97,552.58, reflecting moderate bullish momentum despite broader market stagnation. (BTC price / Trading View) Trading Volume Drops, But Futures Activity Climbs While BTC’s price saw…
Decentralized finance (DeFi) lending platform Compound is facing calls to onboard additional risk managers in response to a recently approved governance proposal made by current manager Gauntlet. Throwing its hat into the ring as a potential candidate, Chainrisk is calling for more transparency amongst COMP delegates and their negotiations, with a reply even pointing to an unlabeled address that may be linked to Gauntlet. In what DeFi commentator Togbe is calling “some of the griftiest stuff I’ve ever seen from Gauntlet,” Gauntlet’s proposal is for Compound to use competitor Morpho (for which Gauntlet is also a service provider) to launch…
World Liberty Financial withdrew $10 million USDC from Coinbase to buy 200 million WLFI tokens and spent another $125,000 USDC to purchase 547,990 SEI at an average price of $0.228. The transaction which took place on Feb. 20 was reported by on-chain analytics platform Onchain Lens. This purchase comes on the heels of WLF’s Macro Strategy announced on Feb. 12. A multisig wallet created by #Trump’s World Liberty Finance (@worldlibertyfi) has withdrew $10M $USDC from #Coinbase to buy 200M $WLFI.They also spent $125k $USDC to buy 547,990 $SEI at an average price of $0.228.MultiSig Wallet: 0x64bcb62afee4712bb6ecf7673ee3cfe6e2e133e8… pic.twitter.com/w4Luz8NIuR — Onchain Lens…
The Bitcoin price drop to $77.7K causes Bitcoin miners to experience escalating financial challenges, which triggers a substantial increase in their transfers to crypto exchanges. The selling intensity of miners increases according to on-chain data at CryptoQuant as historical market patterns indicate additional price declines until strong buyer settlements stabilize supply. https://twitter.com/cryptoquant_com/status/1899425902502568349 Miners Offloading BTC at Local Bottoms As Bitcoin fell below $78K, the number of miner transfers to crypto exchanges experienced a substantial increase. The market downturn prompts miners to sell Bitcoin to cover operational expenses, thus causing BTC prices to decrease further. The green bars on CryptoQuant’s chart…