Author: NBTC
Dmail Network has entered into a partnership with BridgeM, the very best cross chain bridge to connect the Bitcoin and Inscription ecosystems with Manta. It offers direct communication links between projects and subscribers through secure wallets and DIDs linked to the Dmail app. BridgeM joins the big league of Dmail Subscription Hub with this strategic partnership, and it is a breakthrough in enhancing cross chain liquidity. Dmail Network has set a unique standard for blockchain communication with approximately nine million users and 160 million message transactions. The Subscription Hub, shortened as SubHub, is vital in enhancing user engagement within the…
MicroStrategy Chairman Michael Saylor has made a profound statement that resonates with the core of the digital asset community: “Bitcoin is the signal.” This declaration comes during a period of market uncertainty, with Bitcoin entering uncharted territory after reaching all-time highs of $73,750 and investors wondering what follows. According to the most recent CoinShares report, digital asset investment products saw weekly outflows, the first since a record seven-week run of inflows totaling $12.3 billion. The recent price drop prompted investor hesitancy, resulting in record net outflows of $942 million. Bitcoin accounted for 96% of the flows, with $904 million in…
Clearpool, a pioneering on-chain credit marketplace, has announced its expansion to Avalanche with the debut of its new real-world asset (RWA)-backed product, Credit Vaults. This strategic move aims to further revolutionize the decentralized finance (DeFi) space by providing stable rates and more stable liquidity for on-chain borrowers, particularly targeting fintech and payment companies. While Clearpool‘s permissionless pools have already made significant strides in bringing private credit yield to DeFi for trading firms and market makers, Credit Vaults offer a fresh approach. They allow borrowers to set personalized terms, including interest rates and repayment frequencies, thereby providing them with greater flexibility.…
EigenLayer is now the second largest DeFi protocol with $12.4 billion in TVL, the report said. Restaking and liquid restaking tokens could pose additional risks compared to existing staking products. Restaking champions the open innovation of Ethereum and will become a core part of the ecosystem’s infrastructure, Coinbase said. Restaking has grown into the second largest decentralized finance (DeFi) sector on the Ethereum blockchain and promises to be a core part of the ecosystem’s infrastructure, but it could bring hidden risks, Coinbase (COIN) said in a research report on Tuesday. “EigenLayer’s staking protocol is poised to become the bedrock for…
After BOME’s impressive success, see why users are eagerly placing their SOL in a subsequent pre-sale, involving wallet transfers. A Solana (SOL) address received over 53 million SOL in four hours after its owner, who identifies itself as Kero on X (formerly Twitter), announced the pre-sale of a soon-to-be token named SNAP on Mar. 15. The amount is worth over $9.6 million. Asking for a minimum of 1 SOL, Kero shared his wallet address for X users to send SOL and be eligible to receive SNAP, capping the offer at 50 million SOL. However, the cap was surpassed, and Kero…
A Taiwanese blockchain tech firm is teaming up with journalists to fact-check the upcoming election in India in a battle against digital deception. Numbers Protocol says it employed the same approach during the 2020 US presidential election and the Jan. 2024 Taiwan presidential elections. In the lead-up to the Indian general election starting April 19, a collaborative effort will see partnered news outlets and photojournalists capture content on location. This content will then be uploaded onto a blockchain platform using Numbers Protocol’s suite of tools, specifically Capture Cam and Capture Dashboard. These tools aim to enhance the credibility of captured…
Skywards, a prominent organization in the DeFi ecosystem, has put forward a proposal to integrate a staking version of Ethena’s synthetic dollar, sUSDe, into Aave V3 on Ethereum. This proposal follows the consensus reached during the TEMP CHECK phase and signals potential improvements to the Aave protocol. sUSDe offers a stable crypto solution with profitable income opportunities, making it an attractive asset for borrowers in the Aave ecosystem. Risk parameters for the integration will be provided by Chaos Labs, highlighting Aave’s commitment to robust risk management practices. Notably, Skywards is promoting this proposal by emphasizing community-driven decision-making and transparency in…
While Ethereum prices fell over 4% in the last 30 days, ETH holders have pivoted away from Lido Finance into restaking protocols. According to a Dune Analytics dashboard tracking staking activity, Lido Finance had the highest Ethereum (ETH) outflow among similar protocols in the past month. The page created by researcher Hildobby indicated that stakers withdrew over 284,800 ETH from Lido’s platform. Nevertheless, Lido retained its dominance over the Ethereum staking sphere with a 29.7% market share. On-chain data revealed that ETH stakers are flocking to liquid restaking protocols. Lido recorded the largest monthly outflows, while Ether. fi and Renzo…
In a bold move that marries the thrill of gaming with cutting-edge blockchain technology, Gomble Games, an offshoot of the illustrious game studio ‘111%’, has announced a whopping $10 million in funding. This significant financial injection, with contributions from high-profile investors like Spartan, Hashed, and Animoca Brands among others, propels Gomble Games into the forefront of the burgeoning Web3 gaming arena. Gomble Games’s origins trace back to ‘111%’, a studio that has left an indelible mark on the gaming landscape with viral sensations such as Random Dice and BBTAN. These games have not only captivated over 100 million players worldwide…
Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase and Binance Face Outflows A significant volume of bitcoin (BTC) is currently in the possession of two prominent players in the cryptocurrency arena, as data shows that Coinbase and Binance collectively manage roughly 1,570,863 BTC, valued at $111 billion, as of Sunday, March 31, 2024. This stockpile represents 7.98% of the total circulating…