Author: NBTC
Sudden massive transfers of the major meme cryptocurrency Dogecoin (DOGE) rocked the crypto scene today, as 600 million coins changed hands in just 10 minutes, as Whale Alert reported. The shift of $231.57 million worth of DOGE took place in two tranches. The addresses used are “D78RSZm” and “DQhgaRJ,” with the former being the sender and the latter the recipient. It is interesting to note that the sender’s wallet is one of the richest Dogecoin holders, currently holding 18th place with over 761 million DOGE, which is equivalent to about $310 million. At the same time, the receiving wallet has…
Runera, a leading platform combining gaming and AI technologies, has announced an exclusive collaboration with FurGPT, a next-gen AI-led platform for virtual pet interaction and creation. The partnership between Runera and FurGPT focuses on redefining Web3-based gaming and digital pet interaction. 🚀 Exciting Partnership Announcement!We’re delighted to unveil a new partnership between Runera 🏖 and @GPTFur 🐾!This collaboration blends Runera’s innovative Gaming x AI platform powered by Bitcoin Layer 2 and EVM compatibility with @GPTFur cutting-edge AI-powered virtual… pic.twitter.com/pdhuLNpu7f — Runera (@Runera_io) February 1, 2025 Both FinTech platforms also intend to provide users with deeply personalized, secure, and scalable experiences.…
A girlfriend of the British man accidentally threw away his hard disk with roughly 8,000 bitcoins on it in 2013. The years of legal battle for the right to retrieve the disk from the waste dump resulted in nothing. These and four other stories remind us to treat our crypto assets with caution. Table of Contents How not to dump bitcoins: James Howells case IronKey on my back: the Stephan Thomas case Crypto wallet forgets the password: Peter Schiff case Orange paper: Mark Frauenfelder case Professor learned the lesson: Alexander Halavais case How not to dump bitcoins: James Howells case…
The largest tech firms in the US experienced huge challenges from Chinese AI, DeepSeek. Although AI start-ups triggered shock waves due to their low cost and efficiency, the biggest tech companies stepped up and delivered per their expectations. This is implied by their market capitalization in leading the S&P 500 to new highs. Apple Inc. and Meta Platforms Inc. were among the companies that reported results this week, helping boost the S&P 500. The so-called “Magnificent Seven” – Microsoft Corp., Amazon.com Inc., Alphabet Inc., and Tesla Inc. – dropped mostly, but among the “Big Board” names, they had strong ownership…
OKB’s price rose by 20% after OKX chose it as a primary token for mining Animecoin, a new project aimed at transforming the anime industry into a community-owned network. The price of OKX‘s native token OKB (OKB) soared by 20% to $58.86 on Friday, Jan. 17, after the crypto exchange picked it as a primary token for mining Animecoin (ANIME), a web3 initiative backed by Arbitrum and the popular Azuki NFT collection. Starting Jan. 20, OKX will begin mining Animecoin through its Jumpstart program, where users can stake their OKB tokens or Bitcoin (BTC) to mine ANIME, OKX said in…
The TVL in Ethereum L2 networks has reached $43.29 billion, though a 3.52% decrease over the past week. That is according to the latest data shared by OKX Ventures today. Despite this short-term slump, Ethereum L2 solutions continue to see growth. This surge signals the increasing significance of these solutions for Ethereum’s scalability by decreasing congestion, wait times, and transaction fees on the main blockchain. Ethereum Layer2 Ecosystem Update: Market Trends & InsightsAccording to @L2BEAT, the total value locked (TVL) across Ethereum Layer2 networks stands at $43.29B, reflecting a 3.52% decline over the past 7 days. Despite this short-term downturn,…
2024 has been a pivotal year for DeFi. Practical applications for smart accounts are already in use. Major infrastructure milestones like chain abstraction, along with positive market sentiment and consistent growth, will enable a return to fundamentals in the coming year. This means products that bring real value to users that truly revolutionize the digital world. Here are some of the developments to expect in 2025: 1. At least 20% of Ethereum users will rely on EIP-7702-enabled smart accounts In just the first quarter of 2024, private key compromises cost the industry over $239 million in losses. Smart accounts promise…
Recent data reveals the stablecoin sector has grown by an additional $14.429 billion in value since Jan. 1, signaling renewed momentum in digital asset markets. Leading this upward trajectory, the dollar-pegged sky dollar (USDS) experienced a 116% growth spurt during the same period, outpacing its peers in the top ten pack to claim the most pronounced expansion among major stablecoins. Stablecoin Sector Hits $217B as Ethereum, Solana, Tron, and Base Drive Fresh Issuance The latest data illustrates the stablecoin ecosystem has ballooned by a striking $14.429 billion in the past month, reflecting heightened activity in crypto markets. Figures from defillama.com…
Monad Labs officially announced the formation of the Monad Foundation, an independent entity designed to accelerate the growth and adoption of the Monad protocol. The Monad Foundation’s primary mission is to enhance the Monad blockchain ecosystem by fostering collaboration between validators, developers, and the community. As an independent body, it will lead decentralized governance, allowing the community and validators to propose and implement network improvements. The Foundation will also provide critical support to developers, offering resources such as detailed documentation, as well as promoting partnerships and marketing efforts to boost Monad’s visibility. Keone Hon and Eunice Giarta will join the…
ANIME, the native token of the Animecoin Foundation, surged 12% after the major South Korean exchange Bithumb announced its listing of the meme coin. Animecoin (ANIME) rose to an intraday high of $0.0502 on Jan. 31, marking a 15% surge from its weekly low of $0.0437 as of press time. The altcoin market cap was seated at $278 million while its daily trading volume was up 40%, hovering around $153 million. The Azuki-backed meme coin rallied after Bithumb, a major South Korea-based crypto exchange, announced the addition of a KRW trading pair for the ANIME token on Jan. 31, alongside…