Author: NBTC
Uniswap Labs has recently announced that a prominent Layer 2 scaling solution Arbitrum is near to surpassing $200B in terms of trading volume on the platform. As per Uniswap, the respective development would turn Arbitrum into the 1st L2 network reaching such a substantial volume on a well-known decentralized exchange. The platform disclosed this development on its official social media account on X. Arbitrum is about to become the first L2 to cross $200B in volume on the Uniswap Protocol🫣 pic.twitter.com/fhcqv3KHbb — Uniswap Labs 🦄 (@Uniswap) September 21, 2024 Arbitrum Set to Emerge as the Earliest L2 Network Going Beyond…
On-chain data shows that over 78% of the Cardano blocks produced in the last eight hours have been minted by an SPO that supports the Chang hard fork. The Cardano community continues to anticipate the eventual launch of the Cardano Chang hard fork. This pivotal update is expected to transition the Cardano ecosystem to the Voltaire era. Voltaire, the last Cardano ecosystem era, will help bring decentralized community governance. Amid the Chang hard fork anticipation, multiple stake pool operators (SPOs) have begun supporting node 9.1, the latest Cardano network update. The increasing support is expected to gradually phase the entire…
In a crucial development for the crypto trading sector, The Birb Nest has commenced an exclusive collaboration with dYdX, a popular decentralized trading company. The partnership targets to combine the comprehensive market analysis capabilities and educational resources of The Birb Next with the advanced DeFi platform of dYdX. We’re thrilled to announce a new partnership with @dYdX! 🔥This collaboration will combine our educational background and market analysis expertise with dYdX’s advanced #DeFi pro trading platform to empower traders with top-notch tools, education, and resources to help them in… pic.twitter.com/1oOchVjtj1 — THE ₿IRB NEST (@TheBirbNest) September 21, 2024 Through this collaboration,…
In a recent tweet, SBI Digital Community, an arm of Japanese Financial giant SBI, spotlights its recent strategic partnership with Ripple. Through this strategic partnership, both companies will work to popularize the XRP Ledger through Bto3. In the tweet, which was written in Japanese, SBI stated it was planning several initiatives with Ripple: “We are planning various interesting events with Ripple, but here is what we can announce at this time,” the tweet translated from Japanese reads. SBIデジタルコミュニティーはこの度、Ripple社 (@Ripple )との戦略的提携を発表いたしましたhttps://t.co/N0uaZLB9S5Ripple社は #XRP を利用したクロスボーダー決済ネットワークを開発しております今回の戦略的提携により、Bto3を通じて、XRP Ledgerの普及に向けた取り組みを行ってまいります。 pic.twitter.com/KK06VNrQ7v — SBIデジタルコミュニティー株式会社 (@SBI_DC) August 15, 2024 SBI has also announced a giveaway to celebrate its historic…
Hamster Kombat (HMSTR), a play-to-earn mobile game hosted on the Telegram platform, gained more support from the world’s biggest crypto exchange, Binance, ahead of the much-anticipated airdrop. The exchange launched the Mega Campaign which is said to be the one-stop shop for Hamster. The epic Telegram-based clicker game just took its snapshot for Season 1 and locked in token distribution for the upcoming token generation event (TGE) on September 26. With over 300 million active users, the game’s anti-cheating strategy ruffled some fur as many players got slashed for being labelled as cheaters. Hamster Kombat’s secret airdrop announced In the…
In a recent discussion on X, the debate over the classification of crypto assets as securities or commodities took center stage. An X user suggested that Bitcoin might be considered a security, prompting a response from Ripple’s chief technology officer (CTO), who offered an insight into what constitutes a commodity. Schwartz, known for his active engagement in crypto-related discussions, responded by highlighting a key aspect of what differentiates commodities from securities. Everyone who owns a commodity has a common interest in seeing its value increase, but that is not a common *enterprise*, which is what you need to have an…
Binance’s potential listing of Hamster Kombat ($HMSTR) on its platform has sent the crypto market into a frenzy, igniting enthusiasm among traders and investors. This listing, coupled with the game’s massive user base, highlights both Binance’s expanding influence and the growing potential of the $HMSTR token. Hamster Kombat, a popular tap-to-earn game, boasts a community of over 300 million people and attracts more than 50 million daily players. With a vast user base, the game has captured significant attention. Binance’s decision to list $HMSTR signals a strategic move to broaden its range of available tokens. This addition underscores Binance’s commitment…
As it became known thanks to a report from Whale Alert, tens of millions of XRP left the major crypto exchange of Korea Upbit to an unknown destination. In particular, 30 million XRP worth about $17.4 million left “rDxJNb,” which belongs to Upbit, to the wallet “r4186.” There is no specific information about this wallet, as according to Bithomp explorer of XRP Ledger, it does not belong to any known holder. It was activated in June this year with 11 XRP. After receiving 30 million tokens, the recipient started distributing this colossal amount to other unknown wallets, and as a…
In an exclusive development concerning the blockchain, fitness, and sports industries, Ave.ai is starting a new partnership with Thravos.io. As per Ave.ai, the collaboration targets to benefit from advanced technologies such as real-world assets (RWA), decentralized physical infrastructure networks (DePins), and blockchain technology to develop an interactive and unique experience for fitness enthusiasts, fans, and athletes. Welcome aboard @thravos_io as our new partnerThravos is democratizing access to athletes and sports brands. Incorporating RWA, AI, blockchain and DePIN, Thravos’ game mechanics ensure that fans/fitness enthusiasts are engaged in thrilling physical fitness group and 1-on-1… pic.twitter.com/60dunM8NxQ — Ave.ai (@aveaiofficial) September 21, 2024…
Renowned economist and cryptocurrency critic Peter Schiff has taken aim at Michael Saylor’s recent excitement over the increasing adoption of Bitcoin as a strategic treasury asset by corporations. Michael Saylor, a well-known Bitcoin advocate and chairman of MicroStrategy, recently shared his excitement on X about the growing adoption of Bitcoin as a strategic treasury asset. Quoting a remark made by Bitcoin investor Bill Miller in a recent CNBC interview, Saylor tweeted, “We now have additional companies coming out and saying we’re going to put Bitcoin on our balance sheet as a strategic treasury asset.” Bitcoin is neither strategic nor appropriate…