Author: NBTC
Coinbase, the third-largest centralized exchange by trading volume, has announced the listing of Popcat (SOL) (POPCAT) and Pudgy Penguins (PENGU) on the Solana (SOL) network. This development has fueled a sharp price rally for both meme coins, with gains exceeding double digits. Coinbase Lists POPCAT and PENGU According to Coinbase’s announcement, trading for POPCAT and PENGU will commence on or after 9 AM PT on February 13. The exchange will roll out spot trading in phases for the POPCAT-USD and PENGU-USD pairs. Before spot trading goes live, perpetual futures trading for these tokens will be available on Coinbase International Exchange…
As India signals a recalibration of its crypto policies, crypto service providers are targeting the Indian market. As national jurisdictions are changing their stance on crypto, led by Donald Trump’s pro-crypto agenda, India is starting to recalibrate as well. Although India had initially planned to release a consultation paper on crypto regulation after its G20 presidency in 2023, the government has yet to follow through. In a recent roundtable discussion, Ajay Seth, Secretary of India’s Department of Economic Affairs, stated, “We were ready with a discussion paper, but we now need to recalibrate it due to these changes.” The Indian…
BNB Chain introduced the Pascal Hardfork on March 20, an upgrade designed to boost transaction efficiency and improve its compatibility with the Ethereum Virtual Machine (EVM). This update integrates Ethereum Improvement Proposal (EIP) 7702, enabling advanced functionalities such as gas abstraction, smart contract wallets, and batch transactions. Pascal Hardfork The Pascal Hardfork marks a major step in the network’s development, positioning it as an early adopter of this critical EVM enhancement. A key feature of EIP-7702 is the introduction of smart contract wallets, which temporarily function as smart contracts. This allows for gasless transactions, batch approvals, and smoother asset swaps.…
Mike McGlone, Bloomberg’s chief commodity strategist, believes that Bitcoin might further decline against gold in the near future. On Dec. 18, the leading cryptocurrency reached a new record high of 41 ounces against gold. However, the flagship cryptocurrency ended up losing steam, plunging by more than 20% in less than two months. McGlone believes that there might be more room for “mean reversion.” As reported by U.Today, prominent commodity trader Peter Brandt recently opined that the fact that Bitcoin was struggling to outperform gold was “very surprising” considering that Bitcoin made significant strides in terms of institutional adoption last year.…
Artificial intelligence (AI)-focused blockchain protocol Halliday said it raised $20 million to help fund development of its Agentic Workflow Protocol (AWP), which aims to speed development of decentralized finance (DeFi) applications and avoid the need for programmers to write smart contracts. The Series A funding round was led by venture capital giant Andreessen Horowitz’s (a16z) crypto arm. “Our mission is to pioneer the software era of blockchain, enabling developers to build applications in hours, not years,” Halliday said in an emailed announcement. “With Halliday, you can never write a smart contract again.” Halliday’s no-code blockchain automation could help to accelerate…
PancakeSwap (CAKE) boosts DeFi with new features, reducing emissions and burning 102% of new CAKE weekly for sustainability. Sonic (FTM) powers DeFi with 10K TPS, <1s finality, and FeeM rewards, bridging Ethereum liquidity for seamless access. Onyxcoin (XCN) drives financial blockchain innovation, enabling secure, scalable asset issuance with federation-validated transactions. Crypto’s Top Gainers are shaking up DeFi! PancakeSwap slashes emissions, Sonic speeds past rivals, and Onyxcoin redefines financial blockchain solutions. PancakeSwap (CAKE) Enhances DeFi Offerings with New Features Source:Coinmarketcap PancakeSwap operates as a decentralized exchange for multiple blockchains including BNB Chain and Ethereum to deliver token exchange functions with additional…
Ethereum software firm Consensys has pushed back against a proposed rule from the Consumer Financial Protection Bureau (CFPB) that could drastically change how unhosted blockchain wallets such as MetaMask are regulated. (Disclosure: Consensys is one of 22 investors in Decrypt.) Introduced in January, the proposed interpretive rule sought to regulate unhosted wallets under the Electronic Funds Transfer Act (EFTA), holding developers accountable for fraudulent or unauthorized transactions and enforcing traditional financial institution regulations on decentralized wallets. In a short comment sent to Scott Bessent, Acting Director of the CFPB, Consensys called the rule a “radical departure from current law” and…
B² Network, a leading Bitcoin Layer 2 solution, has announced a strategic partnership with XSwap, a cross-chain protocol incubated by Chainlink built on CCIP. This collaboration aims to revolutionize asset movement across blockchain networks, offering users a seamless, secure, and efficient way to transfer assets. This includes Bitcoin and Real-World Assets (RWAs) as well across multiple chains. 🥳We’re excited to partner with @xswap_link, a cross-chain protocol incubated by Chainlink, built on CCIP to power frictionless asset movement across chains. With $170M+ in cross-chain swap volume, XSwap empowers users to swap any token, purchase RWAs across chains, and stake… pic.twitter.com/gLdM81UfmY —…
Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.55% over the past week, as macroeconomic concerns weigh on risk assets. Over the past 24 hours, BTC has fluctuated within a range of $94,101.20 to $97,298.13 as traders react to mounting economic uncertainty. (BTC Price / Trading View) CPI Report Sparks Inflation Worries Macroeconomic headwinds are influencing BTC’s…
In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0% from approximately 1,500 to 880, and daily buyers falling 38.1% from about 1,300 to 800. This suggests a shift toward higher average transaction values amid fewer market participants. The sales surge was primarily driven by strong demand for Guild of Guardians Heroes and Avatars NFTs,…