Author: NBTC
Prom has announced an integration with Chainspot, an aggregator of cross-chain web3 solutions. This partnership is bound to increase the efficiency and usefulness of the Prom network for users. Through the use of Chainspot technology, Prom will facilitate easier cross-chain transfer and more efficient operations between protocols. This integration also shows Prom’s dedication to improving the blockchain industry and its goal of building a more interconnected and efficient blockchain ecosystem. Prom Integrates Chainspot Into the EcosystemWelcome @ChainspotIO, a powerful aggregator of cross-chain Web3 solutions, and a new member of Prom ecosystem of products.Chainspot brings seamless DeFi interactions to the table…
Mainland Chinese investors won’t likely get the green light to buy the newly launched Hong Kong-listed spot bitcoin ETFs, Bloomberg Intelligence analysts reported. This isn’t a surprise given China’s restrictive stance on crypto. Hong Kong’s spot bitcoin ETFs are a positive for the industry overall, but given its relatively small market may not have a huge impact. Bloomberg analysts expects roughly $1 billion inflows in the first two years. Investors in mainland China likely won’t be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further.…
The final deadline for the first spot Ethereum ETF is Wednesday, May 23. This is when the SEC will approve or deny VanEck’s application. The Ark 21Shares spot ETH ETF application deadline is on the following day, Thursday, May 24, but what happens Wednesday will set the tone for the rest of the issuers. Other issuers waiting for a decision from the US regulator include Hashdex, Grayscale, Invesco Galaxy, BlackRock, and Fidelity. Approval Odds Not Looking Good On May 20, ETF Store President Nate Geraci observed that the SEC must approve both the 19b-4s (exchange rule changes) and the S-1s…
In a recent tweet, Ripple CEO Brad Garlinghouse expressed his admiration for the increasing drive and initiative shown by the XRP community in organizing and participating in community-led events. This acknowledgment comes as community-led events witness a surge in participation, indicating growing momentum within the XRP Ledger ecosystem. Garlinghouse expressed excitement at the increase in the amount of XRP community-led events this year, including the XRP Gold Coast event in March, as well as XRP Las Vegas and XRPL apex. “Very excited to see the number of XRP community-led events growing this year with XRP Gold Coast in March and…
BitBoy speculates that the XRP price would witness a massive explosion as SEC v. Ripple would reach a settlement that could finalize the coin’s non-security status. Famous crypto influencer Ben Armstrong (a.k.a BitBoy Crypto) expects a potential settlement of the multi-year legal tussle between the U.S. SEC and Ripple. Armstrong made this known in an interview with Fox News. Notably, popular XRP community member Amelie shared an excerpt of the interview on X yesterday. 🚨BREAKING: Bitboy sources confirm in a Fox News interview that the SEC and Ripple have reached a settlement! #XRP is expected to see a big price…
Pseudonymous crypto sleuth Ogle has witnessed plenty of failures while investigating DeFi hacks. He’s part of a cottage industry of security experts who clean up the mess from attackers targeting crypto-finance projects almost daily. His specialty: tracking them down and getting the projects’ money back. Stopping these heists depends on good smart contract code and savvy security. In an interview with CoinDesk, Ogle said it’s also a game of incentives. If an attacker believes the personal cost of their exploit may be too high, they might decide against mounting it at all. That ethos is one of the pillars behind…
Bitcoin (BTC) has given up the entirety of its bounce from Saturday’s panicky selloff, plunging to under the $60,000 level in the morning hours of the U.S. trading session Wednesday. After earlier Wednesday recovering above $64,000, bitcoin slipped to as low as $59,900, down more than 3% over the past 24 hours and its weakest price since early March. At press time, it was trading at $60,200. Ether (ETH), the second-largest crypto asset by market capitalization, tumbled below $3,000 declining 2.5% over the same period. The weakness echoed through most crypto markets, with all CoinDesk Market Index (CMI) sectors being…
A massive crypto whale recently offloaded $46 million worth of Ethereum (ETH) amid a critical period for the crypto market. This transaction has stirred considerable attention as the market anticipates the US Securities and Exchange Commission’s (SEC) decision on the spot Ethereum exchange-traded funds (ETFs). Crypto Whales Cash Out on Ethereum According to the on-chain analysis platform Spot On Chain, the crypto whale, identified by the wallet address 0x7f1, deposited 15,000 ETH (~ $ $46 million) to Kraken at $3,065 each on May 20. This transaction marks the first time this whale has moved such a significant amount to Kraken.…
Social crypto platform Friend.tech has launched its new native token alongside version two (V2) of the decentralized social media. But so far, it’s not going very smoothly. FRIEND tokens were supposed to be airdropped to those captured in an April snapshot. Unfortunately, it appears that many users have struggled to claim their tokens. “Literally all my friend.tech points are gone and I have 0 FRIEND to claim?” one Twitter user panicked. “I’m NOT selling my FRIEND airdrop (Cause I can’t even claim it),” another said. CT trying to claim the $FRIEND airdrop pic.twitter.com/QzBaSrw7bL — L (@0xLawliette) May 3, 2024 Friend.tech…
The full written judgment in Dr. Craig Wright vs. COPA was released this morning, May 20, including damning indictments of Dr. Wright’s actions during the trial. “Dr Wright lied to the Court extensively and repeatedly. Most of his lies related to the documents he had forged which purported to support his claim. All his lies and forged documents were in support of his biggest lie: his claim to be Satoshi Nakamoto” The judge identified numerous instances where Dr. Wright forged documents to support his claim of being Satoshi Nakamoto, the pseudonymous creator of Bitcoin. According to the judgment, Dr. Wright’s…