Author: NBTC
Shiba Inu partner K9 Finance DAO has released an exclusive product update concerning its upcoming liquid staking dApp, Bone Crusher. The K9 Finance team shared the update via their official X handle, presenting a video that demonstrates how the Shiba Inu Army may interact with the application and earn. The team noted that this video marks the inaugural product update visual aimed at community members. ⚙️Exclusive Product Update⚙️$BONE Crusher is our core product allowing #SHIBARMY supporters to delegate & earn from our validator(s) system Highlights in this video👇 ▶️Connect Wallet▶️Stake BONE to secure @ShibariumNet ▶️Swap $knBONE▶️Claim Reward(s) in $KNINE $BONE…
The Commodity Futures Trading Commission (CFTC) has issued a stark warning, including cryptocurrencies, to students and young job seekers: beware of becoming an unwitting “money mule.” In a recent advisory, the CFTC’s Office of Customer Education and Outreach (OCEO) cautioned that criminal organizations target young people with seemingly easy, stay-at-home job offers that involve moving money through bank accounts or digital wallets. Although the CFTC’s warning primarily concerns the phenomenon of “money mules,” it largely also pertains to cryptocurrencies. The agency suggests that their decentralization and anonymity make them frequently used for potentially illegal transactions. “During this year’s Money Mule…
Paradigm, the leading liquidity network for derivatives traders, has made a significant stride by expanding its offerings to now include linear altcoin options trading. This expansion was marked by the execution of its inaugural block trade in Polygon (MATIC) on the Deribit Exchange. Paradigm’s strategic move into linear altcoin options trading was made possible through a strong collaboration with Galaxy, the digital asset leader, and QCP Group, the prominent digital asset market maker. The firm called attention to this development in a statement on its official X account. Paradigm expands into linear altcoin options trading by executing its first @0xPolygon…
In a recent interview, prominent venture capitalist Tim Draper predicted that the price of Bitcoin could potentially surge to $10 million. “Now, $250,000 or a million, or $2 million, or even $10 million are the numbers that are probably going to happen for a couple of reasons…When you can buy your food, clothing, shelter, and pay your taxes all in Bitcoin, that’s a done deal. You won’t want to use any other currency,” Draper explains. The billionaire, who is known for his early bets on companies like Skype, predicts the devaluation of the U.S. against Bitcoin. Speaking of the upcoming…
The price of Ethereum (ETH) has dropped as the altcoin falls into its range bound zone. Price analysis by Coinidol.com. Long-term analysis of the Ethereum price: bearish The largest altcoin has been in a range bound movement since the downtrend on April 13, 2024. The altcoin is in a range-bound move, above the $2,908 support but below the moving average lines. On the upside, buyers have failed to sustain the price above the moving averages. This is due to the continued selling pressure at the 21-day SMA resistance line. The bears have defended the 21-day SMA resistance line, which has…
In an unexpected twist that has left the cryptocurrency community buzzing, Shiba Inu lead Shytoshi Kusama has updated his Twitter bio, signaling a location change to Lima, Peru. This intriguing development comes nearly 24 hours after a cryptic teaser featuring “Evita” was shared with the community, sending waves of speculation across social media platforms. The teaser, which was sparse on details but rich in cultural references, seemed to send a message to the Shiba Inu community. “Evita,” presumably referring to Eva Perón, the iconic Argentine figure, symbolizes a revolutionary spirit and a fight for the people. This teaser, whose context…
Two U.S. senators sent a letter to the attorney general making an argument that his Department of Justice is making the wrong legal call as it prosecutes crypto mixing services. The letter argues that services such as Tornado Cash aren’t money transmitters, and it says that earlier Treasury Department views on transmitters bear this out. A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the “unprecedented interpretation” of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses. Sens. Ron Wyden (D-Ore.) and Cynthia Lummis (R-Wyo.) sent a letter…
The FLOKI price surged by over 7% post the announcement and reached $0.000205. Floki DAO, has proposed burning 15B tokens to permanently remove them from circulation. Binance has added the FLOKI memecoin to its listing in Thailand. The result is a dramatic increase in the value of the memecoin. FLOKI, which has been steadily growing in popularity in Thailand, went to X to announce the new listing. The FLOKI price surged by over 7% post the announcement and reached $0.000205. However, at the time of writing, it lost most of the gains and is currently trading at $0.0001869, up 0.54%…
The Final Countdown to the Bitcoin Halving Has Begun Join Bitcoin Magazine and top voices in the industry as we countdown to block 840,000 and ring in a new era in Bitcoin. The Bitcoin Halving Livestream powered by Kraken will reveal the Top 21 Moments over the past 4 years as voted on by Bitcoin Magazine readers, setting the stage for Bitcoin’s next epoch. Visit www.bitcoinhalving.com to watch the Bitcoin Halving Livestream and countdown to block 840,000 Speaker Lineup: Barstool CEO Dave Portnoy Strike CEO Jack Mallers Bitcoin Magazine Institutional Lead Dylan LeClair Ten31 Managing Partner Matt Odell Bitcoin Magazine…
The co-founders of dominant liquid staking protocol Lido, along with the venture capital firm Paradigm, are secretly helping to fund a new company, Symbiotic, that would compete in the fast-growing arena of “restaking,” according to people briefed on the matter. Internal company documents obtained by CoinDesk lay out diagrams of how the project would work. The emergence of a restaking player with deep-pocketed backers could portend a face-off that might redefine the DeFi landscape. The co-founders of Lido, the biggest liquid staking protocol on Ethereum, are secretly funding a competitor to EigenLayer, the buzzy “restaking” service that has emerged rapidly…