Author: NBTC
TL;DR A new collaboration aims to give American investors additional options to gain exposure to CRO. Despite the disclosure, the token’s valuation is down 6% for the day, coinciding with the broader decline of the digital asset market. The Deal’s Specifics The popular cryptocurrency exchange Crypto.com shook hands with the investment management firm Canary Capital to establish the Canary CRO Trust. The financial vehicle is designed explicitly for eligible individual and institutional accredited investors in the United States and will provide them with exposure to CRO – the native token of the Cronos network. Steven McClurg, CEO of Canary Capital,…
Ripple Labs is advancing its stablecoin, RLUSD, as another top crypto exchange has announced its plans to list the token. BitMEX teased this update on X on May 19, indicating that the listing is coming soon. Months since its launch, the stablecoin has gained a related listing, contributing to its growth on the broader market. RLUSD stablecoin on BitMEX The growth of RLUSD stablecoin is exponential, with many of its biggest listings coming this year. As reported earlier by U.Today, Gemini exchange announced the listing of Ripple USD earlier this month, opening access to the token for millions of users…
Today’s data from crypto analyst Nansen spotted significant changes in user activity across EVM-compatible chains. The data listed the top EVM blockchains in terms of the number of active addresses noted over the past seven days. Top EVM chains by active addresses the past 7d@Base – 9.78M (+42%)@BNBChain – 7.88M (+4.8%)@ethereum – 2.18M (+9.2%)@0xPolygon – 2.08M (+2.5%)@SeiNetwork – 1.46M (+64%) pic.twitter.com/ptvCPViFp8 — Nansen 🧭 (@nansen_ai) May 18, 2025 Top 7 EVM Chains by 7D active addresses Base According to the data, Base has become the most popular EVM-compatible blockchain with regard to active addresses. Over the past seven days, the…
Sonic SVM, the leading chain-extension Virtual Machine (SVM) on the Solana network, today unveiled a major upgrade to its SONIC tokenomics. It is swapping its traditional burn model for a more efficient buy-and-lock mechanism. This new mechanism will bolster long-term value for users and deepen alignment with Solana’s ecosystem. Under the new structure, half of all transaction fees will now be redirected to open-market purchases of $SONIC. These were previously sent directly to the burn address. Those tokens will be stashed in a dedicated vault under a 24-month linear vesting schedule. By creating steady buy pressure and gradually withdrawing tokens…
Attention, crypto traders and enthusiasts! Significant news has just broken regarding the StormX (STMX) token on major South Korean exchanges. If you hold or trade STMX, particularly on platforms like Upbit and Bithumb, this update is crucial for you. What Triggered the STMX Designation? Leading South Korean cryptocurrency exchanges, Upbit and Bithumb, have officially announced that the StormX (STMX) token has been designated as a closely monitored asset. This decision stems from the Digital Asset eXchange Alliance (DAXA), a collaborative body comprising major crypto exchanges in South Korea aimed at enhancing market integrity and investor protection. The announcement was made…
Blockchain Space Capital Solutions (BSCS), a popular multichain Web3 launchpad, has commenced a strategic collaboration with Pulsebot AI, the earliest crypto-led AI ecommerce entity. The partnership aims to expedite the creation and broad-scale adoption of cutting-edge AI-driven shopping assistance of Pulsebot AI. 📣 BSCS Partners with @PulsebotAI – Support AI Shopping Assistant Development🤝 We’ll provide strategic support initiatives for Pulsebot AI, including:✅ IDO Launch on BSCS Launchpad✅ Community Expansion✅ Cross-Marketing Activities#BSCS #Pulsebot #IDO pic.twitter.com/yKuTA6YLyR — BSCS Official (@BSCS_Global) May 18, 2025 The platform took to social media to reveal this notable collaboration. BSCS has revealed this groundbreaking collaboration with the…
Morgan Stanley has stated that Bitcoin now possesses sufficient market capitalization to be considered a U.S. government reserve asset. However, the financial institution cautioned that Bitcoin’s volatility remains significantly higher than that of other traditional reserve currencies. Notably, Bitcoin’s market capitalization stands at $1.87 trillion. Morgan Stanley estimated that a $370 billion allocation to Bitcoin would mirror its global market capitalization weight. The report also suggested that a U.S. reserve holding between 12% and 17% of the total Bitcoin supply would be consistent with how other reserve currencies are proportioned. The findings arrive as the Trump administration advances plans for…
SHIB-affiliated X account Shibarium Updates (@Shibizens) has published a tweet with a new update on the SHIB Alpha layer, which is being tested on Puppynet at the moment. Major reminder about SHIB Alpha L3 layer The tweet has shared key details on this layer-3 Shibarium layer. It will have seamless compatibility with ZK and Optimistic rollups. The X message emphasized that the SHIB Alpha Layer is “built to power scalable, low-cost infrastructure across a global network state—enabling real-world applications and next-gen dApps.” ✨Shib Alpha Layer✨A high-performance modular rollup abstraction layer engineered for sub-100ms finality, high throughput, and seamless compatibility with…
What started as an X rant of a crypto investor blaming Binance Alpha for raking airdrops while leaving testnet users with negligible rewards turned into a discussion, an open letter to Binance, and a trending hashtag #StopBinanceAlpha. Table of Contents Binance Wallet’s dominance What is Binance Alpha? Why did it get criticized? Binance Wallet’s dominance Primitive Ventures founder Dovey Wan emphasized the fact that Binance Wallet became a dominant power in the swap market after the shutdown of OKX Wallet due to its use by North Korean hackers. In her X post, Wan called Binance Wallet a MetaMask killer and…
Arbitrum has surpassed $1.5 billion in cumulative volume on Uniswap v4, signaling growing activity across the Layer-2 ecosystem. ApeChain, Elumia game launch, and tokenized treasury investment all strengthen Arbitrum’s expanding Web3 and DeFi presence. Arbitrum is back in the spotlight after its trading volume on Uniswap version 4 (v4) broke through $1.5 billion. This number shows how often people rely on this Layer-2 network for their daily transactions. Just imagine that in the not too distant future, that volume could approach other large numbers that were previously only owned by Ethereum. Source: Dune This news comes amid the surge in…