Author: NBTC
Pokémon inspired crypto IP Pixelmon is set to launch its role-playing adventure mobile game Warden’s Ascent as well as a future idle game on Avalanche, after signing an exclusive partnership deal with the network. This is despite its core assets remaining on Ethereum and its already released battle arena game Monster Tycoon being built on the Immutable zkEVM blockchain. Giulio Xiloyannis, CEO of Pixelmon, told Decrypt that the move is motivated by needing a “partner aligned with our ambition to grow beyond the current Web3 user base.” Warden’s Ascent is slated for a full public launch in the second half…
The Maldives is keen on ditching its dependency on tourism and warmly embracing blockchain technology to diversify its economy and offset the national debt. The South Asian country recently inked a deal with Dubai-based MBS Global Investments to build an $8.8 billion blockchain hub in the region. The deal will see the Dubai-based family office provide the funding to establish the blockchain and digital asset hub. MBS Global Investments has significant financial resources and an extensive network to support the deal, with over $45 billion in assets under management (AUM). A closer look at the details reveals a five-year timeline…
Spencer Hakimian, founder of Tolou Capital Management, has estimated that the massive tax-cut bill that was released by the Republicans earlier today is set to add $2.5 trillion to the deficit. The bill is supposed to cut spending by $1.5 trillion while allowing for a whopping $4 trillion worth of tax cuts. Hakimian, who has emerged as one of the most authoritative voices within the finance community amid the recent economic turmoil, claims that the massive increase in deficit will be amazing for Bitcoin (BTC) and gold. The loose fiscal policy is also expected to positively affect US stocks. At…
DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a report created by Sky contributors from Steakhouse Financial. The loss is a stark turnaround from the previous quarter, when Sky, formerly known as MakerDAO, registered a $31 million profit. The reason for the 102% increase in interest payments is the decision to incentivize use of the protocol’s newer Sky dollar stablecoin (USDS) over the existing DAI. “The Sky Savings Rate was kept very high at 12.5% relative to the rest of the market, driving massive inflows” Rune…
⚈ The world’s first spot XRP ETF has dropped 10% in its debut week amid market volatility.⚈ U.S. SEC has delayed the XRP ETF decision to June 2025, possibly tied to the Ripple case timeline.⚈ Approval odds sit at 74% as XRP futures ETFs await May launch. The world’s first spot XRP exchange-traded fund (ETF), listed under the ticker XRPH11 on Brazil’s B3 stock exchange, is off to a rocky start, tumbling nearly 10% over the past week. The XRP HASH CI ETF closed the May 5 trading session at R$19.30 ($3.47), ending the day down 3.5%. Over the past…
Quantum computing poses a real threat to crypto, and slow-moving governance processes risk leaving blockchains vulnerable, according to Colton Dillion, a co-founder of Quip Network, which provides quantum-proof vaults for storing digital assets. While the technology, which uses the quantum states of subatomic particles to perform calculations instead of transistors and binary code, is still in its infancy, companies including Google and Microsoft are pressing forward with research and development. The goal is a massive step-up in speed that makes tough calculations like cracking encryption, such as that used to protect blockchains, faster and simpler. And when quantum computing becomes…
Decentralized exchange Uniswap has introduced ‘one-click swaps’, according to an announcement on May 13, 2025. Uniswap (UNI) said the launch of the new feature, live on the decentralized exchange’s web application, supports smart wallets that are compliant with Ethereum (ETH) Improvement Proposal 5792. EIP-5792 enables a standardized interface for transactions, ensuring consistency whether they originate from externally owned accounts or smart accounts. “Introducing one-click swaps. Now live on the Uniswap Web App for smart wallets with EIP-5792 support. Fewer clicks, less gas, faster swaps,” Uniswap Labs noted. The rollout follows Ethereum’s Pectra upgrade, which expanded support for EIP-5792 to most…
Cryptocurrency exchange Binance has announced a buyback program for Haedal Protocol (HAEDAL), a liquid staking protocol built on the Sui blockchain, which is Binance Alpha’s project and was first listed on Binance. HAEDAL has announced the launch of a buyback program designed to reward its stakers. Under the initiative, 50% of the protocol’s weekly revenue (including liquid staking fees, HMM fees, and haeVault profits) will be used to buy back HAEDAL tokens from secondary markets. All repurchased tokens will be distributed weekly and proportionally to HAEDAL stakers. The team stated that they wanted to establish an organic and sustainable cycle…
South Korea’s leading cryptocurrency exchange Upbit has officially listed Nexspace (NXPC) in trading pairs with the Korean won (KRW), Bitcoin (BTC), and Tether (USDT), expanding access to the native token of the MapleStory Universe blockchain ecosystem. Upbit Lists Nexspace (NXPC) on KRW, BTC, and USDT Trading Pairs NXPC is the utility token of Henesys L1. Henesys L1 is the mainnet supporting MapleStory Universe, a blockchain-based virtual world based on the iconic intellectual property of Nexon’s globally beloved game MapleStory. The token supports multi-chain functionality via Avalanche C-Chain, enabling scalable and efficient transactions across decentralized applications. MapleStory Universe is Nexon’s ambitious…
Aave and Uniswap protocols recently created new records amid signs of a recovery in the cryptocurrency market. Record-breaking achievements by Aave and Uniswap amid a recovering crypto market raise the question: Are we witnessing the start of a new DeFi boom, or is this just a short-term surge? Whale Activity Signals Confidence in Aave With Ethereum (ETH) surpassing $2,500, a key milestone in a volatile crypto market, whale activity on Aave and milestones from Uniswap paint a picture of the decentralized finance (DeFi) ecosystem. A wallet linked to WLFI recently deposited 50 WBTC into Aave V3 and borrowed 400 million…