Author: NBTC
A prominent crypto influencer is channeling his personal journey and using his platform for a meaningful mission: Raising funds for St. Jude Children’s Research Hospital through cryptocurrency donations and NFT sales. Pseudonymous influencer Leap’s upcoming initiative will debut with an art auction at Art Basel Miami on Friday afternoon, bringing together the worlds of blockchain and fine art to support life-saving research. It marks the culmination of months of personal and professional transformation, fueled by his determination to make the crypto space a force for good. In an exclusive interview with Decrypt, Leap shared that in a space often dominated…
Ethereum trades in the $3.8K zone over the past 24 hours. The market saw $85.87 million worth of Ethereum liquidated. Following a period of consolidation within $99K–$95K, Bitcoin touched the $100K mark on December 5, propelling the second largest cryptocurrency, Ethereum, and other leading altcoins to new highs. ETH has been marking its upward trajectory for the past few days. Analysts believe that if Ethereum could stage strong bullish signals, it could not only hit $4K but also have the potential to reach the $5K level. Despite the minimal dips, ETH climbed higher following Bitcoin’s momentum. The altcoin looks forward…
The Monetary Authority of Singapore (MAS) unveiled a comprehensive plan to promote asset tokenization in financial services. As a result, traditional financial markets will become more transparent, efficient, and accessible by digitally representing assets like bonds and stocks. What is Asset Tokenization? Asset tokenization involves converting real-world assets into digital tokens that are recorded on a blockchain. Each token represents a portion of the asset and can be traded securely and transparently. This approach promises improved liquidity and faster transactions, particularly in financial services, where securities such as bonds and stocks can be digitized, making them more accessible and tradable…
Brad Garlinghouse, the chief executive officer at Ripple, has shared his take on the newly appointed “AI and crypto czar” of the White House David Sacks. Prior to that, Garlinghouse also highlighted the appointment of the new chairman of the US Securities and Exchange Commission who will replace the current one, Gary Gensler, after his resignation that will take place in January 2025. Gensler resigned in November, posting an announcement about that on his official X account. Elon Musk and new “crypto czar” David Sacks, a venture capitalist and the former chief operating officer at PayPal has been chosen to…
CCP Games has unveiled Founder Access packs, a set of early access perks that will allow users an opportunity to play and participate in the development of its upcoming space survival game, Eve Frontier. The packs, available in three separate tiers ranging from $30 to $90, are currently on sale. On December 10, purchasers of the Founders Access benefits will be able to join an “always-on server” in Closed Alpha and begin leaving an imprint on the outer space game’s malleable world. All Founders Access levels will also include benefits like unique skins, a “Founder” role on the Discord server,…
OKX is set to expand its offerings with the launch of USDT-margined perpetual futures for ZKJ, along with margin trading and the inclusion of ZKJ in the Simple Earn program. OKX Announces Listing of ZKJ Perpetual Futures, Margin Trading, and Simple Earnings These updates will go live on December 6, 2024 and will be available through OKX’s web and app platforms, as well as its API. Key Launch Details Perpetual Futures Start Time: 12:00, December 6, 2024. Trading Rules: The price limit and trading rules for ZKJ perpetual futures are in line with OKX’s standard policies. Funding Fee Adjustment: Before…
Following the release last week of an HBO documentary naming Peter Todd as Satoshi, renewed speculation around the whereabouts of the Bitcoin creator’s private keys has breathed new life into an old theory involving gambling magnate Calvin Ayre, ex-crime boss Paul LeRoux, and one of the Bitcoin community’s earliest participants, Craig Wright. The theory, which first did the rounds back in 2018, casts doubt on the conventional understanding of the relationship between Ayre — who has been trying to get his hands on Satoshi’s private keys for some time — and Wright, who is now best known for lying about…
Pudgy Penguins launched three years ago as a set of 8,888 NFTs featuring the colorful and funny birds. Now, the team behind the project has announced that they will issue a token called PENGU on the Solana blockchain this year. 23.5% of the 88 billion PENGU tokens will be reserved for owners of the project’s NFT collections, such as Pudgy Penguins, Lil Pudgys, Pudgy Rods, and more. Another 22.02% will be available to the Solana and Ethereum communities, and 12.32% will be reserved to provide liquidity on decentralized exchanges. Pudgy is among the rare collections that have managed to retain…
Ethereum Realized Cap, which faced a notable downturn between August and November, has hit a new all-time high of $243.45 billion, according to Glassnode data. This development comes amid ETH’s price rally to $3,800. Based on historical data, the rise in Realized Cap is a sign of a bullish trend. Hence, this milestone could spell trouble for traders who are bearish about Ethereum’s price action. Ethereum Remains Undervalued Amid Latest Milestone Ethereum’s Realized Cap — a key on-chain indicator — has shown a notable increase, hinting at a potential for significant price appreciation. The metric, which considers the price at…
Woori Technology, a long-time shareholder in Dunamu, parent company of crypto exchange Upbit, plans to exit after nine years, following a failed coup in South Korea. Woori Technology Investment, a South Korean venture capital firm, is reportedly planning to sell its nine-year stake in Dunamu, the parent company of crypto exchange Upbit, local media outlet Bloter has learned. While the exact sale price has not been disclosed, discussions suggest it could exceed the current market value of shares traded on the over-the-counter market, with an expected return of around 100 times or more. The sale is expected to be conducted…