Author: NBTC
Pump.fun, the Solana-based meme coin launchpad, deposited 65,122 SOL ($11M) adding to its substantial exchange activity. According to a Feb. 20 X post by on-chain analytics firm Lookonchain, the platform has now transferred 2.35 million Solana (SOL) ($473 million) to Kraken and sold 264,373 SOL for $41.64 million USDC, while its total earnings stand at 2.93 million SOL ($515 million). Pumpfun(@pumpdotfun) deposited 65,122 $SOL($11M) to #Kraken again 5 hours ago.So far, #Pumpfun has deposited 2,345,499 $SOL($473M) to #Kraken and sold 264,373 $SOL for 41.64M $USDC.#Pumpfun has earned a total of 2.93M $SOL($515M).https://t.co/nV7J1QSFQX pic.twitter.com/vBY52JM8Fd — Lookonchain (@lookonchain) February 20, 2025 Pump.fun’s…
Decentralized perpetual contracts trading platform dYdX has updated its near-term roadmap which details improvements focused on enhancing speed and user experience as well as rollout of new trading features. According to its near-term (next two months) roadmap update, dYdX (DYDX) plans to improve its website stability during periods of high trading activity by reducing downtime, stale data, and throughput constraints. Additionally, the platform will make both the deposit and withdrawal process easier and faster, enabling users to access their funds on the dYdX Chain in less than a minute, compared to the typical18+ minute wait. The website’s front-end interface will…
Bitcoin Price Begins to Climb Higher The cryptocurrency market is witnessing a slight yet noticeable uptrend, with Bitcoin price gaining 1% in the past 24 hours. While this might not seem like a massive move, it signals a potential shift in momentum. The entire crypto market is up by more than 1%, suggesting that a short-term rally could be in play. BTC/USDT 1-day chart – Bitget Over the past week, Bitcoin has shown resilience, rising 1.2% and reaching a current price of $97,200. With a market cap of $1.927 trillion, BTC remains the dominant force in the digital asset space.…
LayerZero, the bridging protocol that allows different crypto networks to communicate with each other, plans to connect to Bitcoin sidechain Rootstock in what would be its first integration with the world’s original blockchain. Rootstock aims to end Bitcoin’s “isolation” from other blockchains due to its lack of native smart contracts, a barrier that LayerZero is able to address, according an emailed announcement shared with CoinDesk on TK. The Bitcoin blockchain lacks the functionality to offer smart contracts that other blockchains have and which are fundamental building decentralized finance (DeFi) services. This lack of provision for DeFi on Bitcoin, which holds…
Bitcoin financial services firm Onramp has partnered with lending platform Arch to introduce a bitcoin-backed lending service, the companies announced. The new product allows BTC holders to secure loans while keeping ownership of their assets, a move aimed at investors looking to access liquidity without selling their bitcoin (BTC). The service provides bitcoin-collateralized loans, allowing borrowers to use their holdings as security while receiving cash or stablecoins in return. By using bitcoin as collateral rather than selling it outright, borrowers can avoid capital gains taxes and maintain exposure to the asset’s potential price appreciation, according to the press release. Lending…
Layer 1 blockchain MANTRA has launched a startup accelerator program aimed at advancing the tokenization of real-world assets (RWAs), with backing from Google Cloud. The initiative, dubbed RWAccelerator, offers startups funding, expert mentorship, AI-driven resources and technical support as they build solutions in sectors like real estate, financial products and alternative assets, the companies announced at Consensus Hong Kong. The RWAccelerator comes at a pivotal time for the tokenized asset space. The World Economic Forum estimates that by 2027, 10% of the world’s GDP — around $10 trillion — could be stored on blockchain networks, with RWAs playing a major…
Aspis Protocol and Self Chain have formed a strategic cooperation to bring innovative security and automation capabilities to decentralized finance, Artificial Intelligence(DeFAI). The collaborative partnership intends to unify Self Chain’s AI-powered intent layer with its keyless wallet infrastructure (MPC-TSS/AA) to support entire autonomous blockchain transactions. Aspis Protocol X Self Chain – Revolutionizing DeFAI Security & Automation! 🤝We’re thrilled to announce our partnership with @selfchainxyz, the AI-powered intent layer for Web3 and keyless wallet infrastructure (MPC-TSS/AA) for seamless, secure, and autonomous blockchain… pic.twitter.com/ihsTx6J77x — Aspis (@AspisProtocol) March 10, 2025 The partnership established a major advancement toward secure decentralized asset management and…
Michael Saylor, CEO of Strategy (MicroStrategy renamed), revealed the details of a $2 billion loan by the company, which is most of all to buy more Bitcoin (BTC). So, Strategy is offering $2.0 billion in 0% convertible senior notes due in 2030 exclusively to institutional investors through a private placement. Additionally, initial purchasers have the option to acquire up to an extra $300 million within five business days. The transaction is expected to close by tomorrow, Feb. 21, 2025, subject to standard closing conditions. These notes are unsecured, carry no interest and do not accrue principal. They mature on March…
Solana’s SOL token jumped 30.5% in annualized inflation following the implementation of SIMD 96 on February 12th. The implementation of SIMD 96 decreased the amount of SOL burned daily from 18,000 SOL to 1,000 SOL, impacting the real economic value (REV) distributed to token holders. The Solana Improvement Document 96 (SIMD 96) proposed adjusting the priority fee structure to reward validators with 100% of the fees collected instead of using half of them to burn SOL. The SIMD 96 proposal introduced by partners at Multicoin Capital Tushar Jain and Vishal Kankan aimed to boost SOL’s inflation if the amount staked…
A major controversy has erupted within the Base blockchain community after its official X (Twitter) account promoted GrokCoin, a newly launched token, while established builders voiced frustration over being ignored. The dispute highlights growing tensions between blockchain developers and platform operators over project visibility and promotional priorities. Base’s Endorsement of GrokCoin Recently, GrokCoin made headlines when concerns emerged over its legitimacy and association with Elon Musk’s AI chatbot, Grok. Despite the controversy, Base, an Ethereum Layer-2 (L2) network, publicly supported the project. In a post on X (formerly Twitter), Base wrote: “In case you missed it, Grok launched a token…