Author: NBTC
The Electroneum Hackathon 2025 awarded $52,500 in their native ETN token to decentralised application (dApp) developers who successfully demonstrated brilliant technical execution of their projects. The winners stood out thanks to their exceptional design quality, user experience, and scalability, among other key attributes. The goal of the Electroneum Hackathon, sponsored by Ankr, was to drive the creation of innovative, scalable, and functional dApps built on Electroneum’s Layer 1, EVM-compatible blockchain, which features 5-second single-block finality, low transaction costs, and high throughput. The Top Three Projects Awarded Over k in Prizes The Grand Prize of $10,000 went to the ElectroSwap team,…
Jeremie Davinci, an early Bitcoin adopter and YouTuber, has published a tweet that gained traction with the crypto community fast. Davinci has shared a CryptoQuant chart a drastic decline in the Bitcoin supply held on various cryptocurrency exchanges. He believes that soon it will be quite hard to buy any BTC at all. “Supply shock is brewing” Davinci published a chart and a message to the community, saying that there is “no Bitcoin left on exchanges.” The billionaire added that crypto miners are not selling BTC now, therefore, he concluded: “A supply shock is brewing.” However, the chart shows that…
The Sui blockchain continues to witness growing adoption and position itself as a formidable Solana competitor. The traction comes amid growing developer momentum, interest in Sui-based DeFi protocols, and successful integrations with real-world Web3 applications. Sui TVL Surge: What Users Need to Know According to DefiLlama data, the total value locked (TVL) on the Sui blockchain recently soared to a new all-time high of $2.1 billion. Despite a modest drop to $2.088 billion as of this writing, the traction represents a 17% surge from early May lows. Sui TVL. Source: DefiLlama Meanwhile, Sui-based lending protocols have seen a 78.86% spike…
Latest figures position USD1, the stablecoin linked to the Trump-aligned World Liberty Financial (WLFI), as the seventh-largest stablecoin by market cap—an impressive feat given its rapid rise. WFLI’s USD1 Stablecoin Play World Liberty Financial’s (WLFI) new stablecoin has secured a place among the top ten fiat-pegged cryptocurrencies by market capitalization. The token, USD1, now sits squarely between Blackrock’s BUIDL and Ethena’s USDTB, with a current valuation of $2.125 billion—predominantly issued on Binance Smart Chain (BSC). Democrats like Elizabeth Warren are not too pleased with the President’s stablecoin venture. A decisive 2.113 billion USD1 tokens—accounting for over 99% of total issuance—are…
With the asset currently trading close to the $103,000 range, Bitcoin (BTC) is once again attempting to break through the price action record. The market seems to be preparing for a new push toward higher highs after recovering important technical levels. However, investors should be closely monitoring three key price levels before Bitcoin can reach another all-time high (ATH). Initial barrier: $104,780 Around $104,780, which represented prior local highs in the early stages of the current rally, is the first significant resistance level. Just below this line, Bitcoin is presently consolidating; a clear breakout above it might lead to yet…
Nasdaq-listed DeFi Development Corp, formerly known as Janover, continues to raise Solana (SOL). Following the tactic of MicroStrategy, the largest institutional Bitcoin bull, DeFi Development announced that it purchased 172,670 SOL worth $23.6 million at an average purchase price of $136.81. With the latest acquisition, the company’s SOL holdings increased to 595,988 SOL, worth $102.7 million. “The latest acquisition marks the 10th Solana acquisition within DeFi Development’s digital asset treasury strategy and the largest to date. As with all previously purchased tokens, the most recently purchased SOL will be held long-term and deposited into various validators, including DeFi Dev Corp.’s…
Virtuals Protocol (VIRTUAL) is one of the hottest recovering tokens, boosting several other AI agents. However, on-chain data shows VIRTUAL has shifted to whale wallets, which control most of the supply. Virtuals Protocol (VIRTUAL) has seen more funds from whales, signaling accumulation in the past weeks. VIRTUAL recovered along with other AI agent tokens and is now about 63% down from its peak after weeks of smart money inflows. The buying interest of VIRTUAL led to a concentration of the token in the hands of top traders and whales. Based on Solana on-chain data, around 93% of VIRTUAL tokens are…
Bitcoin price may be on the verge of a big breakout to its all-time high, and analysts from Fundstrat, Ark Invest, Standard Chartered, and BlackRock expect it to keep rising in the coming years. One key theme among most analysts is that Bitcoin (BTC) is the digital version of gold, a top safe haven. Like gold, Bitcoin is a scarce resource with high demand, which explains why analysts see it as a store of value. Bitcoin has been one of the best-performing assets ever, as its price has moved from below $1 in 2009 to $104,000 today. Its market cap…
SOL Strategies (HODL), the Toronto-listed digital asset firm focusing on Solana (SOL), said on Tuesday it has acquired over $18 million worth of SOL tokens, using proceeds from a newly secured financing deal. The company purchased 122,524 SOL for $18.25 million at an average price of $148.96 per token, according to a press release. The acquisition follows the initial $20 million closing of a planned $500 million convertible note facility with investment firm ATW Partners, announced last month. Shares of the company slid 10% to around CA$2.6 in the early Tuesday hours of the session, extending the slump for late…
In my prior article on the mempool, I laid out a simple conceptual framework to reason about the basic functionality of the mempool, and how it was used by different kinds of users of the Bitcoin network. In this piece I will be looking at the differences between relay policy and consensus rules, and why by default Bitcoin nodes do not relay some types of bitcoin transactions despite being consensus valid. First and foremost, regardless of the peer-to-peer network refusing to relay certain kinds of consensus valid transactions, if those transactions were to find up in a miner’s mempool and…