Author: NBTC
The ApeCoin (APE) decentralized autonomous organization (DAO) is voting on a proposal to launch an APE-themed hotel in Bangkok, Thailand. So far, over $3.6 million worth of APE votes for “yes,” dominating by over 90%. Notably, the ApeCoin Improvement Proposal #448 (AIP-448) started on July 18 and will finish on July 31. This proposal received the moniker “ApeCoin Hotel” and counts with 4.6 million APE voting “yes” on July 21. On the other hand, 411,000 APE investors vote “no” for the AIP-448, resulting in a 91.84% “yes” dominance. The opposing side will have a hard time preventing the “ApeCoin Hotel’…
Crypto exchange One Trading has been granted an Organized Trading Facility license by the Dutch financial regulator to bring crypto futures onshore in the European Union. One Trading, a crypto trading platform incubated by Bitpanda, has secured a license from the Dutch Financial Markets Authority, becoming the only perpetual futures trading venue in the European Union, the company said in a Monday press release. The so-called Organized Trading Facility license positions the Netherlands-headquartered crypto exchange as the first cash-settled perpetuals platform in Europe, including the U.K., the press release reads. One Trading founder Joshua Barraclough says the license is part…
A new token-bridging app named TokenBridge has recently launched. It is developed by Crowny and uses Wormhole to connect Solana & Near Protocol. This bridge means users can now move their assets between the Solana and Near Protocol. The latest bridge connecting @solana & NEAR Protocol is live 💚🌉💜Explore all NEAR has to offer all whilst staying onchain.Powered by @wormhole. Built by @crownyio. https://t.co/Jq7LSzCEXG — NEAR Protocol (@NEARProtocol) July 25, 2024 Wormhole is a communication bridge between Solana and other top decentralized finance (DeFi) networks. Existing projects, platforms, and communities can move tokenized assets seamlessly across blockchains and benefit from…
In contrast, the spinoff from Grayscale’s Ethereum Trust has seen its net inflows consistently grow over the last three days. Grayscale’s Ethereum ETF (ETHE) ended Thursday with approximately $346 million in net outflows, extending its losses to $1.1 billion within three trading days since its conversion, data from Farside Investors reveals. After the third trading day, ETHE’s assets under management plummeted from over $9 billion to $7.4 billion, a remarkable decline since the launch of US spot Ethereum ETFs. Source: Farside Investors In contrast, BlackRock’s iShares Ethereum Trust (ETHA) led inflows on Thursday, attracting approximately $71 million. Grayscale’s Ethereum Mini…
Scottie Pippen, the iconic NBA player known for his role with the Chicago Bulls, recently turned heads on X with an intriguing post that has captured the attention of both basketball and cryptocurrency fans. Thus, Pippen asked his followers to weigh in on a choice between Ethereum and Solana, two of the biggest altcoins and blockchains currently. In response to Pippen’s question, Dogecoin co-creator Billy Markus made his stance clear by endorsing Dogecoin (DOGE) as the preferred choice. dog coin obv — Shibetoshi Nakamoto (@BillyM2k) July 21, 2024 As many know, despite its origins as a meme coin, Dogecoin has…
Cryptocurrency exchange OKX is preparing to launch USDT margin futures for HMSTR, and trading will begin at 13:00 on August 1, 2024. This update will be available in the web and application interfaces as well as the API. OKX to List HMSTR Futures Details of Pre-Market Futures Contract: Collateral: HMSTR/USDT index (based on the last price of the contract) Settlement Crypto: USDT Face Value: 10 HMSTR Quote: Price of 1 HMSTR in USDT Tick Size: 0.0001 Leverage: 0.01 – 2x Trading Hours: 24/7 trading Contract Type: Expiry futures Delivery Time: The delivery date of futures transactions has not been determined…
Polyhedra Network, a well-known platform developing infrastructure for privacy, scalability, and interoperability in Web3, has an exclusive proposal. The new proposal of Polyhedra targets its integration with Merlin Chain through zkBridge. The platform took to its official X account to provide details of this endeavor. 🚀 The third zkBridge Network Expansion Proposal is here!zkBridge NEP-3: Integrate Merlin Chain(@MerlinLayer2) with zkBridgehttps://t.co/Y2YcHx9dog pic.twitter.com/4UFIgVPV8i — Polyhedra Network (@PolyhedraZK) July 26, 2024 Polyhedra Network Releases the zkBridge NEP-3 Proposal for Integration with Merlin Chain It mentioned that the 3rd zkBridge Network Expansion Proposal denotes a huge move, improving the reach and capabilities of Polyhedra.…
The launch of an Ethereum (ETH) ETF arrived with additional price pressure. Some suggest the pressure may be coming from Grayscale’s wallets, which were filled during much lower ETH prices. Ethereum (ETH) sank toward the $3,100 level after the initial ETF trading. The new investment vehicle started with low inflows and ended with net outflows. But the selling pressure may not continue, as some of it comes from the wallets of Grayscale. One of the possible scenarios would be that Grayscale may use its sizable wallet to further pressure ETH. Analysts put the time frame for that effect at two…
Spot Ethereum exchange-traded funds (ETFs) are making waves in the cryptocurrency world, drawing billions in new investments and reigniting interest in related projects. Among the beneficiaries of this surge is AirSwap (AST), a decentralized peer-to-peer (P2P) trading platform built on the Ethereum blockchain. Recently, AirSwap has experienced significant price movements and heightened investor interest, reflecting broader trends within the ETH ecosystem. Ethereum ETFs draw record inflows According to CoinShares’ latest report, Ethereum ETFs have attracted approximately $2.2 billion over the past week, marking the highest seven-day inflow figure since December 2020. This substantial influx of capital has invigorated the Ethereum…
Mantle Ecosystem has recently made a significant strategic investment in UXLINK, marking a pivotal moment in the continued development and expansion of both entities. This partnership promises to deliver seamless user experiences and enhanced ecosystem growth through collaborative efforts and shared goals. The alliance will leverage the strengths of Mantle’s diverse chain portfolios and UXLINK’s robust web3 social platform to create a synergistic effect that benefits users and developers alike. UXLINK stands out as the largest web3 social platform and infrastructure, offering users and developers innovative ways to discover and distribute crypto projects and assets. With a community of 15…