Author: NBTC

The crypto ecosystem is abuzz as a new meme coin, CATDOG, captures attention. It’s not just its quirky name drawing eyes but the brewing controversy around it. While many famous influencers are promoting it, others warn that it is a scam. Bubblemaps Reveals CATDOG Supply Concentration Recently, pseudonymous crypto influencers like Cyclop, Klarck, Rekt Fencer, Ardizor, and Symbiote took to Twitter, subtly promoting CATDOG. They hinted at a potential market cap explosion from its current $69 million to billions. However, a deeper look suggests a more troubling narrative. Blockchain analytics firm Bubblemaps has issued warnings regarding CATDOG’s market movements. Their…

Bedrock, a multi-asset liquid staking protocol, is adopting Chainlink Proof of Reserve (PoR) to enhance its minting function’s security after the protocol was hit by a security breach that led to a $2 million loss in assets today, said the team in a recent statement. The team said the move would help fortify the Bedrock protocol against future exploits. Chainlink’s PoR, trusted by the leading asset manager 21Shares, will provide automated and verifiable onchain checks to ensure the correct backing of reserves, preventing malicious minting and protecting against manipulation, Bedrock stated. “Integrating Chainlink Proof of Reserve is a critical step…

TRON founder Justin Sun has publicly called on Elon Musk to bring back the Bitcoin emoji on X, formerly known as Twitter. The digital currency symbol, once a common presence in Bitcoin-related discussions on the platform, has mysteriously disappeared. The mystery surrounding the disappearance of the Bitcoin emoji has caused concern among members of the crypto community, particularly those active on X. The platform has historically served as a central hub for cryptocurrency discourse, with its user base often at the forefront of industry trends. The Bitcoin emoji was a shorthand for the digital asset, decorating conversation and engagement. Musk…

A major whale has just made huge moves with Pepe (PEPE), one of the most popular meme coins on the market. This movement has created significant buzz on the market, leaving many stunned. Moreover, it came at a time when the PEPE price is struggling to move to higher levels. As per Spot On Chain, a crypto whale named “cookislandstrust.eth” has been trying to buy Pepe coins today. Notably, this will not be the first purchase of the meme coin by this large investor. The on-chain tracking service revealed some recent accumulations from the whale. Pepe whale ignites buying spree…

Micro3 has announced the successful integration of the BNB Chain Greenfield Mainnet, a move that promises to transform the NFT landscape through decentralized storage solutions. This great news was posted on Micro3’s official X account and exhibited the company’s vision to be an innovator in the realms of blockchain. 🎉Micro3 integrated BNB Greenfield Mainnet@Micro3io is excited to share our successful integration of @BNBCHAIN Greenfield Mainnet. We’re poised to revolutionize the Platform NFT landscape through decentralized storage, providing dependable and budget-friendly solutions to… pic.twitter.com/WBN1M9Qhgb — Micro3 (@Micro3io) October 23, 2023 Micro3 Promises Affordable NFT Solutions with BNB Integration In this regard,…

Economist Alex Krüger says that Bitcoin (BTC) and crypto are in a supercycle, expecting the market phase to be more than a meme this time around. In a new discussion on the A blocmates Orange podcast, Krüger says that Wall Street and the traditional finance world have “dramatically” changed the market structure of digital assets. Because of the new nature of the crypto markets, Krüger says volatility to the downside will be much more limited and that buying pressure will vastly increase due to pressure from Wall Street to increase their exposure to digital assets. “The way we see it…

The Zcash Foundation announced at the Zcash Community Forum that the Zcash 4 Grants Committee approved a key proposal at its latest meeting aimed at expanding the Zcash ecosystem. This expansion will be achieved by creating and providing a browser-compatible library with the necessary primitives for online wallets and browser plugins. This breakthrough is a significant step for Zcash as it highlights the ongoing efforts to improve the functionality and accessibility of ZEC, especially in the world of online applications. MetaMask, a popular Ethereum-based wallet, has shown its support for Zcash by donating $150,000. This financial assistance is primarily aimed…

Bitlayer teamed up with LayerZero Labs to improve cross-chain interoperability within its ecosystem. This partnership will use LayerZero’s open-source, immutable messaging protocol. This will allow Bitlayer projects to create dApps that communicate seamlessly across over 90 blockchain networks. Furthermore, the integration will let developers bridge funds across over 300 decentralized applications operating within Bitlayer’s ecosystem. Now…Loading…Layer Zero…We’re stoked to announce our integration with @LayerZero_Labs!LayerZero’s open-source, immutable messaging protocol enhances cross-chain interoperability by removing fees and simplifying bridging. Now integrated with Bitlayer, this collaboration… pic.twitter.com/fLAvrFKBIg — Bitlayer (@BitlayerLabs) September 27, 2024 LayerZero’s Protocol Eliminates Transaction Fees LayerZero’s messaging protocol will eliminate…

The Terra Luna Classic (LUNC) community has successfully passed a pivotal upgrade, potentially shaping the token’s future trajectory. The Tax2Gas proposal, developed by Genuine Labs, received overwhelming support, with over 67% of validators and delegators voting in favor. This crucial upgrade aims to streamline the tax handling process by integrating it directly into the transaction gas fees, thereby enhancing efficiency and minimizing manual calculations. Vote results by Validatorinfo Automating Tax Calculation with Tax2Gas Previously, the tax management process for Terra Luna Classic involved labor-intensive manual calculations, which often led to inefficiencies. The newly approved Tax2Gas upgrade addresses these challenges by…

On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a transfer from a 2017 address, moving 121.63 BTC for the first time in seven years and three months. The Pay-to-Public-Key-Hash (P2PKH) legacy wallet was initially created on April 9, 2017, when bitcoin (BTC) was priced at $1,187 per unit, translating to a 5,617.94% increase from $144,374.81 to over $8.25 million today.…