Author: NBTC

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…

Ant Group’s Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin. The strategic partnership with validators reinforces blockchains’ security and decentralization, Core Foundation told Cryptonews via mail. Core Foundation that aims to create a secure and decentralized ecosystem for dApps, has become one of the first projects to leverage ZAN’s enterprise node service. Alibaba’s Ant Group revealed its blockchain development brand ZAN in September last year, with a focus on serving institutional and individual clients in overseas markets, particularly Hong Kong and Singapore. According to Core Initial contributor Brendon Sedo, the…

Cryptocurrency expert and analyst Doctor Profit has identified regions that are vital for Bitcoin (BTC) presently, which could possibly propel the crypto asset’s price to unprecedented heights at a very fast pace. For the most part, the cryptocurrency community is concerned about the way that Bitcoin’s price has performed during the last week. Nonetheless, Doctor Profit’s latest weekly update on the crypto market and Bitcoin has provided optimism for investors within the crypto space. Bitcoin For A Massive Leg Up To $100,000 In his analysis, Doctor Profit explores the Life Cycle Assessment (LCA), psychological analysis, and technical analysis (TA) of…

Leading decentralized exchange Uniswap announced today it has expanded to the Blast network, a layer 2 solution offering native yield for ETH and the USDB stablecoin. The expansion enables Uniswap users to swap and provide liquidity with lower gas costs and faster transaction speeds compared to the Ethereum mainnet. Ready for takeoff Uniswap is now live on Blast💥 pic.twitter.com/uukRWHnY8K — Uniswap Labs 🦄 (@Uniswap) April 2, 2024 “This launch marks the first time Uniswap users can earn native yield on LP positions, due to Blast’s rebasing functionality,” said Uniswap in a Tuesday announcement. To access Uniswap on the Blast network,…

An analyst predicts a further Ethereum price retrace below $3,000 due to thin support levels, as the asset declined 6% in 24 hours. On April 2, the second-largest digital token, Ethereum (ETH), traded below $3,300 for the first since early March following a broad downturn in crypto markets. The total crypto market cap lost 4.4% of its value and fell to $2.6 trillion on April 2, per CoinGecko. According to analyst Ali Charts, ETH’s correction beyond the $3,460 level may be problematic for crypto bulls targeting higher prices. The researcher cited IntoTheBlock data indicating support levels the token may consolidate…

The first season of Crypto: The Game was a viral, “Survivor”-inspired phenomenon that had players around the world competing in online and IRL challenges for a chance to win a prize pool of $115,000 worth of Ethereum (ETH). And everything is apparently bigger the second time around. Tickets to play in season 2 of Crypto: The Game are available today for a season with more players, big industry sponsors, and new on-chain game mechanics—and it’s all happening on Ethereum scaling network Base. But with everything kicked up a couple notches, can the new season recreate the same viral magic that…

MEXC, one of the world’s largest cryptocurrency exchanges, has announced the listing of the GRAM token from the TON ecosystem. GRAM is often referred to as the “Bitcoin for Telegram” within the community, and its price has skyrocketed by 28,000 times since its launch in January. The spot trading pair GRAM/USDT is now available on MEXC, following rumors of the listing circulating in the project’s Telegram channel. Users have noticed significant transfers of GRAM, with over a million tokens being sent to wallets on MEXC and OKX, another major cryptocurrency exchange. With a daily trading volume exceeding $2 billion and…

Animoca Brands Japan, a subsidiary of the global blockchain and gaming company Animoca Brands, has announced its full-scale support for expanding overseas Web3 projects into the Japanese market. This strategic move underscores the increasing significance of Japan in the global Web3 ecosystem and aims to foster innovation and collaboration within the country’s burgeoning blockchain sector. The initiative by Animoca Brands Japan seeks to provide comprehensive assistance to overseas Web3 projects seeking to establish a presence in Japan. This support encompasses various aspects, including regulatory compliance, market entry strategies, localization efforts, and partnership facilitation. It is challenging for foreign businesses and…