Author: NBTC
Illuvium, a leading name in digital world-building, has partnered with technological titan Samsung. This collaboration marks a pivotal moment in the convergence of digital landscapes and physical technology, promising to usher in a new era of engagement and immersion for users around the globe. Illuvium x @Samsung : Bridging the Digital and Physical Worlds🌉Leaders in Entertainment Join Forces! We’ve partnered with @Samsung to bring Illuvium to homes around the globe! Get ready for a collaboration that combines the best of cutting-edge technology. The future is… pic.twitter.com/FmGIOjdplh — Illuvium (@illuviumio) April 9, 2024 The partnership is more than a simple collaboration;…
Although Bitcoin has been in a downward trend lately, there is no decrease in interest in BTC. Because Bitcoin purchases have peaked in Argentina, one of the countries with very high inflation. According to Bloomberg, Bitcoin purchases in Argentina increased by 100% last week, as inflation reached 276%. Citizens of the country buy Bitcoin instead of exchanging it for dollars in order to maintain the value of the peso, the fia currency, which is melting in the face of high inflation. At this point, Bitcoin purchases in Argentina, one of the countries that have adopted Bitcoin at the highest level…
DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns through market-making yield, spreading investors’ assets across multiple pre-defined protocols. Yield On Top Of Yield Market making is when DeFi users provide liquidity to decentralized exchanges, allowing fellow crypto buyers to easily find sellers, and vice versa. Market-making yield can come from one of two sources: trading/swap fees, or intrinsic token rewards. Per a press release shared with CryptoPotato, Swaap Earn liquidity providers earn “superior yield” by depositing their assets…
FLOKI Achieves $756M TVL, surpassing major memecoins combined. In addition, $3.2M FLOKI was burned in a week through strong demand. FLOKI trends as the world’s most popular cryptocurrency. In a remarkable surge, FLOKI has once again shattered records, crossing an ecosystem Total Value Locked (TVL) milestone of $756 million. This achievement comes just two days after the crypto set a previous record of $658 million, showcasing its rapid growth and strong fundamentals. FLOKI CROSSES ECOSYSTEM TVL OF $756M—ANOTHER ALL-TIME HIGH#Floki has just surpassed a record TVL of $756M across two of its key ecosystem products, just 2 days after its…
As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data compiled by a local crypto exchange Lemon Cash. Lemon Cash’s data reveals a significant uptick in Bitcoin transactions, nearing their highest weekly value in 20 months. The surge appears to coincide with President Javier Milei’s implementation of shock therapy policies aimed at revitalizing the economy, prompting Argentines to seek alternative means of financial security. You might also like: Argentine president…
Crypto news: MakerDAO has increased the debt ceiling to 1 billion dollars for Dai allocations in the USDe and sUSDe markets through Ethena on Morpho. Initially, the allocation planned for these markets was 600 million dollars. Let’s see all the details below. Ethena on Morpho exploits MakerDAO’s debt increase: impact on the crypto ecosystem Tensions in DeFi: Aave DAO challenges MakerDAO with reform proposals Ethena on Morpho exploits MakerDAO’s debt increase: impact on the crypto ecosystem As anticipated, MakerDAO has ratified a governance decision aimed at expanding the debt ceiling of its direct deposit module up to 1 billion dollars…
Shiba Inu (SHIB) is starting the week off with a mix of a positive uptick in its burn rate and a slight slump in price to show a visibly dynamic ecosystem. Shiba Inu burn rate metric Data from Shibburn pegs the total number of incinerated tokens at 298,761,752 SHIB, with a 438.17% jump in the past 24 hours. This burn rate is a decoy, considering the SHIB burn rate has been growing remarkably over the past week. Members of the Shiba Inu ecosystem have been proactive with the burning of SHIB since the start of this year. The collective effort…
Immutable Games, the publisher of Ethereum NFT card game Gods Unchained, announced Monday that it will release an expansion pack called Dread Awakening, which will feature a crossover with the upcoming mobile role-playing game Guild of Guardians. The Dread Awakening set, slated to drop on April 23, will include 148 cards minted on Immutable X, an Ethereum scaling network originally created by the publisher. Guild of Guardians, also from Immutable Games, is set to hold its global launch on May 15. “This was a really fun expansion for us to work on because we’ve been able to lean into the…
The Bitcoin halving is roughly a month away. It’s set to take place on or around April 20, though the exact date won’t become clear until it’s closer. The quadrennial event takes place every 210,000 blocks, this time at block 840,000. Following the halving, the amount of bitcoin awarded to miners will be, well, halved: Mined bitcoin rewards will drop to 3.125 per block, down from 6.25. The last halving occurred in 2020 when the rewards dropped from 12.5 bitcoin per block to 6.25. What’s different this time? This will be the fourth halving in the history of Bitcoin, but…
Prominent crypto author Panos Mekras has expressed reservations about Ripple potentially participating in the XRP Ledger automated market maker (AMM) system with XRP alone. Mekras voiced apprehension about this following recent comments from Ripple’s Chief Technology Officer, David Schwartz. In particular, Schwartz was asked whether Ripple would commit some XRP tokens in its escrow wallets to the AMM system. Ripple Participating in XRP AMM Schwartz expressed uncertainty about the benefits of such an endeavor to the XRP ecosystem. “I’m not sure if that would be a bad thing or a good thing,” the Ripple CTO remarked. Unsatisfied by the response,…