Author: NBTC
MagicBlock has secured $7.5 million in a seed funding round to support the development of real-time, fully on-chain applications on Solana. The company’s Apr. 25 fundraising announcement named Lightspeed Faction as the lead investor, with participation from Delphi Digital, Robot Ventures, Maven11, Mechanism Capital, and Solana co-founder Anatoly Yakovenko. The round brings MagicBlock’s total funding to $10.5 million, following a $3 million pre-seed round led by a16z CSX in late 2024. The company said the new capital will be used to grow its engineering team and expand infrastructure for developers. MagicBlock is developing a technology called EphemeralRollups, which gives apps…
Ethereum Layer-2 project Tokamak Network has launched a key upgrade to its staking mechanism with the launch of TON Staking V2, designed to directly reward participants supporting its Layer 2 infrastructure. The announcement sent the price of the TOKAMAK token up 4.57%; it’s now trading at $1.22, bringing its 7-day gain to 15%, according to CoinMarketCap data. 🚀 We’re thrilled to announce TON Staking V2, a major upgrade designed to supercharge our Tokamak Layer 2 ecosystem!🔥Dive into the details, technical specs, timeline, and how you can participate!Blog: https://t.co/d6mMKTl5sj#TokamakNetwork #Staking #TokamakRollupHub — Tokamak Network (@Tokamak_Network) April 18, 2025 How Does Staking…
Base, a layer-two blockchain developed by Coinbase, has seen a significant surge in Total Value Locked (TVL) over the last 24 hours following a key integration. It comes amid changing regulatory winds in the US, with President Trump’s pro-crypto stance inspiring bold moves among sector players. Base TVL Soars 20% As Binance.US Adds Support According to data on DefiLlama, Base TVL is up by $557 million. It moved from $2.778 billion on Thursday to $3.335 billion as of this writing, a 20% surge in the last 24 hours. Base TVL. Source: DefiLlama The surge in TVL suggests an increased volume…
An expert analyst says let the numbers speak amid the massive Bitcoin growth against gold within the past decade. The debate between Bitcoin and traditional assets like gold grows more intense every day. A recent comparison of Bitcoin’s performance against gold over the past decade highlights the dramatic growth of the crypto firstborn, illustrating how its value has soared compared to gold’s steadier rise. This discussion focuses on a chart shared by crypto Key Opinion Leader (KOL) and entrepreneur Ted, which tracks Bitcoin’s value against gold from April 2015 to April 2025. According to the chart, Bitcoin has experienced a…
Injective Protocol recently launched its highly anticipated Lyora mainnet upgrade, marking a significant step forward for one of crypto’s most promising layer-1 blockchains. Designed for next-generation DeFi applications, Injective is already known for its speed and interoperability. Now, Lyora takes that foundation and builds on it with better performance, stronger infrastructure, and more intelligent transaction handling. Image: Injective A Boost in Performance and Network Efficiency At the core of the Lyora upgrade are fundamental changes to how the Injective blockchain processes transactions. The upgrade introduces a more powerful core engine that lowers latency and increases throughput. In simple terms, this…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s clear at this point that one of the Trump administration’s primary goals is to lower trade deficits with other countries, specifically goods trade deficits. Source: Fred It’s important to make that distinction because, in fact, the US runs a services surplus! The US mechanically imports “stuff” from other countries that manufacture it both better and cheaper. And as the reserve currency of the world, US dollars flow into those other countries to fund those purchases. Those foreign dollars then get reinvested and held in US-denominated…
Today commemorates the 13th anniversary of the first altcoin, the crypto asset Namecoin (NMC), whose network debuted on April 18, 2011. Although the token has dimmed over time, the network remains under active development and its proof-of-work (PoW) hashrate ranks among the highest in the crypto ecosystem. While Often Forgotten, the First Altcoin Turns 13 Today Thirteen years ago today, the first and longest-standing altcoin came into being. Following Satoshi Nakamoto’s launch of Bitcoin on Jan. 3, 2009, exactly 835 days later, the Namecoin network went live. The initiative is a decentralized, open-source cryptocurrency and blockchain forked from Bitcoin’s codebase.…
The U.S. Securities and Exchange Commission (SEC) charged the founder of now-defunct crypto and foreign exchange investment company PGI Global, with violating federal securities laws, alleging he ran a “Ponzi-like scheme” that defrauded investors of nearly $200 million — and spent $57 million of customer money on Lamborghinis, real estate and luxury goods. Ramil Palafox, 59, of Las Vegas, Nevada, also faces parallel criminal charges tied to his role at PGI Global. In March, a Virginia grand jury charged him in a sprawling 23-count indictment that included eight counts of wire fraud. Due to what prosecutors described as Palafox’s “substantial…
Terminus, a cutting-edge decentralized social platform, has started a new partnership with Luffa, an emerging player in the privacy-centered messaging world. The collaboration aims to redefine the Web3 sector by empowering consumers with creative autonomy, freedom, and privacy. The platform disclosed this endeavor in a recent X post. 🪐 Terminus x Luffa: A Retro-Futurist Alliance for Privacy Rebels! 🤝Space cats, buckle up! Terminus, the grooviest decentralized hub, is joining forces with Luffa @LuffaMessage, the slick social platform with E2EE encryption tighter than a black hole! 🌠 Luffa keeps your… pic.twitter.com/w2Lmb9F459 — Terminus (@terminus_pos) April 24, 2025 Terminus and Luffa Join…
With Easter 2025 fast approaching, cryptocurrency traders are paying close attention to Bitcoin (BTC) price action — hoping to spot trend reversals, chart patterns, or any other signals that can clue them in as to how the leading digital asset will trade in the coming weeks and days. Unlike the stock market which is closed on Good Friday, the cryptocurrency market does not close for the holidays. First things first — let’s examine the present state of affairs. At press time on, April 18, Bitcoin was changing hands at $84,560, after a 0.28% uptick on the daily chart that has…