Author: NBTC
Bitfarms rejected Riot Platforms’ unsolicited $2.30 per share takeover bid as undervaluing the crypto miner. The company said it hired investment bank Moelis to serve as a financial adviser in dealing with additional expressions of interest it has received. Crypto miner Bitfarms’ (BITF) rejected rival Riot Platforms’ (RIOT) takeover bid, saying it “significantly undervalues” the Canadian company. Riot on Tuesday said it submitted an unsolicited proposal to buy Bitfarms for $2.30 per share in a deal that would create the world’s largest bitcoin miner. Bitfarms said the offer was unsatisfactory and that it had received additional unsolicited expressions of interest…
RWA Inc. has announced a strategic partnership with the organizational growth hackers, Collably Network. Collably Network, known for its expertise in partnership acquisition, onboarding, management, and integration, will join RWA Inc.’s expanding ecosystem. This partnership aims to streamline RWA’s partnership onboarding and integrations. This synergistic relationship is set to drive tokenization to new heights and enhance the overall RWA ecosystem. @RWA_inc_ is proud to add the organizational growth hackers @collablyNetwork to our growing ecosystem.Collably will streamline RWA partnership onboarding and integrations, ensuring the community gains the most from every new addition.This synergistic relationship will drive… pic.twitter.com/W5L9ZMSdol — RWA Inc. (@RWA_Inc_)…
Bitcoin is not scarce and it’s not going to become so after the halving next week. Don’t let anyone tell you otherwise. Yes, Satoshi Nakamoto coded Bitcoin with a supply limit of 21 million BTC. Bitcoin supply is finite. But that doesn’t make BTC, the currency, at all rare. We’re largely accustomed to this by now, but one of bitcoin’s most appealing features is that each coin is extremely divisible, up to eight decimal places, making 100 million satoshis (sats) per bitcoin. Dollars meanwhile only divide out to 100 physical cents, two decimal places, or at most, 1,000 mills to…
After the SEC approved Ethereum ETFs on Thursday, March 23, Ether has yet to show signs of growth. For Bitcoin, it took almost a month after the ETF approval before the price could set on a massive bull run, reaching an all-time-high of $73,738.00 on March 14. In September 2022, Ethereum moved to proof of stake (PoS), a set of interconnected upgrades that made Ethereum more secure and sustainable. Proof of stake substitutes computational power with staking (making it less energy-intensive) and replaces miners with validators, who stake their cryptocurrency holdings to activate the ability to create new blocks. The…
Internet Computer ($ICP) is a blockchain network that facilitates the development of internet services via a secure, decentralized protocol. This platform operates on the Internet Computer Protocol (ICP) token, previously referred to as DFN. The ICP token is instrumental in redefining the web, facilitating app development, handling transaction fees, compensating network contributors, and participating in governance decisions concerning the network’s future. This utility token is crucial for the functionality and governance of the Internet Computer network. According to IQ.wiki, the concept of Internet Computer originated from Dominic Williams, the chief scientist and founder of DFINITY, a non-profit organization. DFINITY has…
Binance has witnessed a significant plunge in trading volume associated with trading robots, which have been crucial in stabilizing liquidity. What happened to #Binance? Have all the robots gone on strike?@binance @_RichardTeng pic.twitter.com/2bSfiGxBbn — CoinGlass (@coinglass_com) May 28, 2024 CoinGlass shows top digital tokens have lost up to 97% of their trading volume. Pepe dropped more than 97.5%, Dogwifhat 95.43%, while Solana lost 88.91%. The substantial trading volume dips will likely create liquidity challenges. While the reason behind the development remains unclear, the failure of bots that balance the market possibly contributed. Traders use these robots for various functions, including…
Automata Network, a well-known forum offering private web facilities to Web3-based dApps, has recently announced an exclusive development. As per the company, it has joined forces with Puffer Finance (a restaking instrument that streamlines liquid restaking procedure) to operate on Secure Signer. The company took to X to reveal the news of this collaboration. Very happy to be working with @puffer_finance on Secure-Signer to protect staking workflows using secure hardware ✧Secure-Signer leverages Trusted Execution Environments (TEEs) and is the recipient of an @ethereum foundation grant.Tap in ↓https://t.co/Ne5uefiiL6 — Automata Network – 2.0 (@AutomataNetwork) May 27, 2024 Automata and Puffer Collaborate…
Of the 11 financial institutions that issued spot Bitcoin ETFs in January 2024, only two — Bitwise and VanEck — have pledged to donate a percentage of their profits to open-source Bitcoin development. Regardless of whether large holders are harassing ETF sponsors for funding core dev, the real question is – why are only @BitwiseInvest and @vaneck_us doing so? Bitcoin is an ongoing project and core dev continues to be underfunded — nic “bankful” carter (@nic__carter) April 10, 2024 In considering the logic behind Bitwise and VanEck’s decision to donate to developers who maintain and update the Bitcoin protocol, it’s…
Main Takeaways Forever Worldwide: The Road to Saudi Arabia starts where it all began for Cristiano Ronaldo’s football journey: Madeira, Lisbon, and Manchester! The newly released Madeira, Lisbon, and Manchester NFTs provide an innovative way to engage with Cristiano Ronaldo’s early football story and are available for purchase now. Purchasing these Normal NFTs not only grows your collection but brings you real utility and rewards. If you’re one of the 25 fastest eligible users to collect two NFT locations, you could earn even more – a vintage football jersey! Purchase the NFTs on the Binance NFT Marketplace. Register for a…
The Securities and Exchange Commission (SEC) approved, on May 23, securities exchanges’ listing of Ethereum (ETH) spot exchange-traded funds (ETFs). ETH’s price surged following the news as related keywords started dominating the cryptocurrency space. However, Vini Barbosa spotted divergent data on Santiment’s Sanbase Pro charts, suggesting retail traders currently dominate the Ethereum market. In particular, Ethereum’s social dominance reached year-over-year highs at 14.21%, strongly dominating other cryptocurrencies in social indicators. This index alone usually suggests retail traders are the protagonists in the current action, and whales have previously opened positions. Additionally, a key on-chain metric of network activity made one-year…