Author: NBTC

Meson Finance, known for its innovative approach to facilitating low-cost, zero-slippage cross-chain swaps on major cryptocurrencies like Bitcoin and Ethereum, as well as various stablecoins, has announced a significant partnership with Trustin Finance. This collaboration aims to introduce an early supporter event that promises a prize pool exceeding $10,000 USD. Participants engaging in specific social tasks and utilizing Meson Finance’s services to bridge to Bitlayer will have the opportunity to earn points through TrustIn&Meson Points system. This partnership underscores Meson Finance’s commitment to enhancing the user experience and expanding its services. By collaborating with Trustin Finance, Meson is poised to…

Ethereum price opened trading at $2,928 on Monday, May 13, recording a 4% surge over the weekend, but recent ETH 2.0 staking trends suggest more downside ahead. Ethereum Crosses 1 Million Node Validators 1-Year After Shappella Upgrade. Ethereum recorded another major milestone in May 2024 as the number of node validators staking coins on the network hit the 1 million mark. Ethereum completed its transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus with the Shappella upgrade executed on April 12 2023, allowing ETH holders to earn passive income and secure the network by stake their coins. Since then, Ethereum 2.0…

Chiliz, the owner of the blockchain sports rewards platform Socios.com, and Azuro, a liquidity layer for onchain predictions, have partnered to grow the onchain sport prediction market. In an announcement, the firms said the collaboration will involve Chiliz Chain integrating the Azuro Protocol, and adding existing supported chains such as Polygon and Gnosis Chain. This will allow Chiliz to expand into the sports-focused prediction applications market and any existing builders using the Azuro infrastructure will be able to connect their apps to the Chiliz Chain. This in turn will allow users to place transactions with the Chiliz blockchain native token…

The Notcoin team announced that starting May 14, users will no longer be able to send their tokens to crypto exchanges. The post on X said the next time the Notcoin (NOT) withdrawal option will be available is after the coin’s listing on May 16. ⚡️ Notcoin direct deposits to exchanges will be closed tomorrow (May 14th).The next time withdrawal options (including on-chain claim) will be opened after the listing.Please make sure you have initiated the transfer to exchange if you want to start trading from the first… — Notcoin Ø (@thenotcoin) May 13, 2024 “Please make sure you have…

Bitcoin’s market value has experienced significant shifts following the recent halving event at block height 840,000, which saw onchain fees soar beyond $240 per transaction. This pivotal change coincides with a notable fluctuation in price, demonstrating a complex interplay of supply and demand forces at work. Currently, bitcoin is trading at $64,488, down 4.5% this week, with an intraday range stretching from $63,161 to $64,968. Bitcoin Price Shows Bullish Signals Following the Halving The 1-hour and 4-hour charts depict a market teeming with instability and rising buying interest. Specifically, bitcoin’s (BTC) 1-hour chart shows a significant price spread from $61,885…

In an era where decentralized finance (DeFi) is transforming the traditional financial world, Synthetix founder Kain Warwick has launched a new platform called Infinex. The new project aims to further revolutionize the DeFi sector by eliminating some of its most significant barriers: wallet configuration, asset bridging, and gas fees. With this innovative initiative, Warwick intends to simplify access to and use of decentralized finance, making it more accessible to a wider audience. Infinex’s vision to revolutionize DeFi Expected Impact on the DeFi Sector Infinex’s vision to revolutionize DeFi Infinex was born out of the need to make DeFi more inclusive…

Ethereum’s price has been following Bitcoin, dropping lower since the beginning of March. Yet, things might be about to change soon. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been making constant lower highs and lows inside a descending channel pattern. Yet, with the 200-day moving average and the $2,750 support level nearby, the market seems likely to rebound soon. Currently, the price is approaching the $3,000 resistance level. A bullish breakout above this level would be a probable scenario and could lead to a rise toward the higher boundary of the channel and…

Layer-2 blockchain Shibarium from the Shiba Inu ecosystem has experienced a significant increase in activity on its network over the past 24 hours. Thus, according to data from Shibariumscan, the number of active accounts in Shiba Inu’s network increased from 1,034 to 1,706 overnight, an increase of almost 65%. The number of new accounts, however, increased by only four, which means that the increase in activity was mainly due to old accounts, not new ones. Against this background, transactions per day on the Shibarium network increased from 6,791 to 8,091. Despite the exponential growth in new accounts, transactional activity within…

After the highly anticipated Bitcoin halving, the cryptocurrency world was introduced to a new concept known as “Runes”. Bill Barhydt, CEO of cryptocurrency company Abra, shed light on this interesting development. According to Barhydt, Runes is defined as a newly introduced token standard in Bitcoin that simplifies and improves the efficiency of creating fungible tokens on the blockchain. This standard was specifically designed for the launch of fungible tokens on Bitcoin, unlike Ordinals that allow the creation of NFTs. Runes use “edicts,” which are small, lightweight transactions that can transfer ownership of tokens without straining the Bitcoin network. It leverages…

Led by CEO & Co-Founder Pierre Person, Usual Labs is revolutionizing finance by bridging the gap between traditional and crypto finance. With a significant $7 million in funding and $75 million in Total Value Locked (TVL), the company’s groundbreaking protocol is gaining momentum, reflecting the industry’s growing confidence in its vision.—At the core of Usual Labs’ mission is the creation of the USD0 stablecoin, backed by Real-World Assets, offering users a transparent and equitable alternative to existing stablecoins. With a diverse group of investors, including heavyweights like IOSG Ventures and Kraken Ventures, Usual Labs is poised to become a driving…