Author: NBTC
CETUS, the Sui and Aptos-based decentralized exchange (DEX), has resumed operations one month after it experienced a massive hack. According to reports, the platform recovered $162 million of stolen funds and received a $30 million loan from the Sui Foundation to boost the return. CETUS IS BACK! 🌊🌊🌊🐳 pic.twitter.com/tyQ50VkEeg — Cetus🐳 (@CetusProtocol) June 8, 2025 A Mixed Relaunch: High Volume Meets User Complaints Besides resuming regular operations, CETUS embarked on a compensation program to repay users affected by the recent hack. One such user responding to the crypto platform’s post on X reported receiving 86% of his SUI holding from…
Bitcoin BTC$105,578.62 mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure.The adjustment is likely to finalize within the next 100 blocks, with projections showing the measure will rise about 4% to 126.95 trillion (T), eclipsing the current 123 T record. Difficulty was 109 T at the start of the year, according to Coinwarz. The increase reflects growing long-term confidence in bitcoin’s value, even as on-chain activity and transaction fees remain low. Difficulty is adjusted every 2,016 blocks, and is driven…
Franklin Templeton Digital Assets said on Tuesday that it’s rolling out a new feature for its Benji platform that aims to improve upon existing standards for calculating and distributing yield via blockchain. The patent-pending feature, dubbed “intraday yield,” will track investors’ holdings of tokenized securities down to the second, allowing them to earn yield on assets that are held for only part of a given day, the 78-year-old bank said in a statement on Tuesday. This yield is calculated and paid each calendar day, including days when Wall Street is officially closed, the bank added. Typically, yield is calculated at…
On May 27, it was reported that the investment management giant BlackRock warned investors that the Bitcoin network is vulnerable to quantum computers. Researchers from Google made a similar statement the same day. The CEO of decentralized post-quantum infrastructure, Naoris Protocol, David Carvalho, answered our questions to clarify the risks and whether there is hope. Speculations about the risk of the Bitcoin network being cracked by quantum computers in the near future are not something new. It is impossible to brute force RSA and ECC encryption used in Bitcoin with modern-day processors, but it is believed that quantum computers will…
Aave has taken a major step forward in DeFi risk management with the launch of Umbrella, a fully onchain, automated system for covering protocol risk and bad debt.—Developed by BGD Labs and approved by Aave governance, Umbrella replaces manual governance intervention with smart contracts that manage risk in real time—while rewarding users who stake their interest-bearing aTokens like aUSDC and GHO.This new system allows users to continue earning yield on their deposited assets while also securing the protocol and earning additional rewards (such as AAVE and GHO). In the event of a deficit, staked aTokens are automatically burned to offset…
The NFT market has posted a modest recovery, with sales volume rising by 1.95% to $106.2 million. This marks a stabilization after last week’s drop. At press time, Bitcoin (BTC) price has surged to the $105,000 level. At the same time, Ethereum (ETH) has shown no significant movements in the last seven days. The global crypto market cap is now $3.28 trillion, up from last week’s $3.25 trillion. According to data from CryptoSlam, market participation continues to grow, with NFT buyers increasing by 55.08% to 826,992. At the same time, NFT sellers rose by 18.12% to 257,017. However, NFT transactions…
The Ethereum price today is trading near $2,630 after failing to sustain above short-term resistance at $2,700. Despite recent upside momentum, Ethereum price action is now showing signs of exhaustion, with multiple indicators flashing early warning signals of a pullback or consolidation phase. What’s Happening With Ethereum’s Price? ETHUSD price analysis (Source: TradingView) After a clean breakout from the descending wedge formation earlier this month, the Ethereum price rallied sharply from the $2,420 support zone, briefly tagging the $2,698 region. This surge aligned with broader altcoin strength and Bitcoin’s own rally past $110K. However, the bulls are now facing difficulty…
Adopting a cryptocurrency treasury has boosted the stock prices of many companies in recent months, but after making its first Bitcoin buy, video game retailer GameStop is seeing a much different result. The price of GameStop (GME) is down over 10% on the day, diving to a current price of $31.45 following word from the company that it completed its first purchase of Bitcoin. The price had fallen as low as $30.73 before ticking back up to the current level. Even with the daily dip, GME is up almost 10% over the last week and 14% over the past month.…
Siacoin holders are being urged to move funds ahead of the June fork. The Sia network is about to receive its biggest upgrade yet, with a major v2 hard fork scheduled for June 6, giving users just a little time to upgrade their wallets and software. Once launched, anyone using outdated software or storing their Siacoin on exchanges that haven’t upgraded will be disconnected. According to a Monday blog post, the fork introduces an entirely new architecture, reworking the core file-sharing protocol and breaking functionality into modular components. Calling it a “foundational overhaul” and even a “rebirth,” the Sia Foundation…
US Senator Cynthia Lummis announced at the Bitcoin 2025 Conference that President Donald Trump supports a new bill that requires the purchase of 1 million Bitcoins. According to Lummis’ statement, the bill in question will be on the Congressional agenda next week. Lummis said the US government currently believes it has around 200,000 Bitcoins, but that information was “covered up” after an audit mandated by the White House. The senator also noted that he was offered a special briefing on the matter. In Washington, activity regarding cryptocurrency laws continues. Senate Republicans, who have been working hard for stablecoin regulations for…