Author: NBTC
Decentralized finance (DeFi) protocol Aave has bought back a total of 50,000 AAVE tokens over the past two months. The buybacks are part of the protocol’s $1 million weekly buyback plan. Aave Recovers 50,000 AAVE in Two Months: Treasury in Profit, Program Continues The protocol has spent $10 million in the process so far. With an average purchase price of $199.74, AAVE tokens are worth about $13 million based on the current market price of $264, representing an unrealized profit of about $3 million. Buyback Program Continues The buyback program, managed by the Aave community, is planned to continue at…
Polymarket broke back above $1B after setting up a four-month growth streak. The prediction platform remains a leader, finding new markets for its post-election recovery. The Polymarket prediction platform is on a four-month expansion streak. In May, volumes on the platform once again crossed the $1B threshold for the first time since January. It remains a staple in the crypto space, with organic growth despite the lack of an airdrop. Polymarket expanded its volumes in a gradual trend for the past four months. | Source: Dune Analytics Compared to one of its competitors, Kalshi, Polygon is on an expansion arc.…
TL;DR The Arbitrum Foundation has officially launched Trailblazer 2.0, a one-million-dollar grant program aimed at supporting smart DeFi projects built using Vibekit. Each proposal can receive up to $10,000 if it demonstrates real-world utility. Priority will be given to tools that bring value to the ecosystem, such as templates for complex strategies, mini-applications for Farcaster, and analytics systems for automated agents. The Arbitrum network is taking a major step toward the future of decentralized finance with the rollout of Trailblazer 2.0, an ambitious funding initiative designed to accelerate the development of intelligent agents within the DeFi ecosystem. Backed by a…
Officials in Poland have agreed to hand over the former chief executive of Wex, once Russia’s largest cryptocurrency exchange, to the United States. The Russian national was arrested in Warsaw at the end of 2024 at a U.S. request issued within a criminal case over alleged fraud and money laundering. Former Wex exchange chief to face charges in the U.S. Polish authorities have approved the extradition of Dmitry Vasiliev, former director of the now defunct Russian digital asset exchange Wex, to the United States, Russia’s official news agency reported late on Thursday, quoting his lawyer, Alexander Surzhin. In an interview,…
Adventure Layer, a Layer-2 on Berachain, has announced a strategic partnership with In-Match3, an MMORPG Web3 game. Adventure Layer is an L2 solution developed on top of Berachain, designed to support on-chain games. It powers AI-driven tech infrastructure for Web3 gaming, specializing in security and scalability. On the other hand, In-Match3 is a network that allows users to immerse themselves in an imaginary world, create personalities, and engage in different game activities involving fights and others. The collaboration between the two companies represents a crucial move in the growth of P2E games, seeking to connect Web2 gamers with the decentralized…
The Nigerian Securities and Exchange Commission has issued a renewed warning against Crypto Bridge Exchange. The exchange, also known as ST Technologies International Ltd, Smart Treasure, or Super Technology, has reportedly resumed operations across the country despite lacking regulatory approval. According to the Nigerian SEC, CBEX has been soliciting payments from users seeking to withdraw funds from the platform. Specifically, the exchange is demanding $200 from users with balances exceeding $1,000 and $100 from those with lower amounts before withdrawals can be processed. The Commission stated that such activities are unauthorized and violate Nigeria’s Investments and Securities Act 2025. In…
In the fast-evolving world of Web3, building trust and ensuring a safe environment for users and developers is paramount. The Aptos network, known for its focus on scalability and usability, is taking a significant step to strengthen its ecosystem’s integrity. A major development recently announced is the collaboration between the Aptos Foundation and leading blockchain analytics firm Chainalysis. This Chainalysis partnership is set to significantly enhance Aptos security and foster greater confidence across the network. Understanding the Chainalysis Partnership with Aptos The core of this collaboration involves the Aptos Foundation sharing information regarding addresses identified as being linked to illicit…
An analyst known for making timely Bitcoin calls believes that BTC will surge to an astronomical price level next year based on three technical signals. In a new strategy session, pseudonymous analyst Cheds tells his 49,700 YouTube subscribers that Bitcoin looks strong on the weekly chart after breaking out from a cup-and-handle pattern. In technical analysis, a cup-and-handle pattern is a bullish continuation structure indicating that an asset is primed to move higher after a period of consolidation. The second bullish signal, according to Cheds, is that the uptrend appears technically sound based on how much time Bitcoin spent forming…
The world of digital assets is constantly evolving, presenting new opportunities for yield and growth. For institutional players, navigating this complex landscape has often been a challenge, fraught with technical hurdles, security concerns, and regulatory uncertainty. However, a significant development is set to change that narrative. Blockdaemon, a leading name in blockchain infrastructure, has officially launched its new Earn Stack service, specifically designed to provide institutions with streamlined and secure access to the burgeoning realms of decentralized finance (DeFi) and crypto staking. This move signals a maturing market where robust infrastructure is becoming key to unlocking the potential of Institutional…
In what looks like a carefully choreographed shuffle, a Robinhood linked account moved a total of 80,000 ETH—just over $203 million— to unknown wallets in four equal installments earlier today. Blockchain sleuths at Whale Alert flagged each of the transfers as it happened. In a rapid sequence of transactions, the trader first sent 20,000 ETH (approximately $50.86 million) to an unknown address, followed by another 20,000 ETH (about $50.92 million) to the same anonymous recipient. It then dispatched a third 20,000 ETH (roughly $50.93 million) off‑platform, before completing the quartet of outflows with a final 20,000 ETH (around $50.94 million). 🚨 🚨 🚨 20,000 #ETH (50,861,029 USD) transferred from #Robinhood to…