Author: NBTC
Major crypto exchange Binance has announced an upcoming temporary pause on deposits and withdrawals on the Ethereum network. This interruption is scheduled for May 29, as the exchange undertakes routine wallet maintenance. The maintenance window is expected to last approximately two hours, beginning at 7:00 a.m. (UTC) on May 29. During this period, users will not be able to deposit or withdraw Ethereum or any ERC-20 tokens associated with the network. It is important to note that trading of these tokens will not be affected and will continue as usual during maintenance. As stated in an official blog post, Binance…
Artfi is excited to announce a transformative partnership with the Sui Network, poised to revolutionize the art market by democratizing art investment through innovative blockchain technology. This collaboration aims to make art investment accessible to a wider audience, breaking down the traditional barriers that have kept the art world exclusive. Together with @artfiglobal, we’re excited to transform the fine art world with blockchain tech, helping to pioneer the tokenization of real world assets.We’re also excited to introduce Artinals-RWArt digital objects – a way to prove fractional ownership of real-world art.Stay… https://t.co/gUAl90OsM6 — Sui (@SuiNetwork) May 28, 2024 Sui’s groundbreaking object-centric…
The bullish momentum of the Bitcoin price has dwindled over the past few weeks, putting the progression of the crypto bull cycle into question. On Friday, April 12, the crypto market witnessed a flash crash, causing the premier cryptocurrency’s value to drop from $70,000 to below $67,000. This latest downturn underscores the struggle of the Bitcoin price to return to its recent all-time high of $73,737, which was forged in mid-March. On-chain analytics platform Santiment has identified a particular Bitcoin metric that may signal the resumption of the bull run. Bitcoin Bull Run May Resume If This Metric Falls In…
Clearpool, a prominent decentralized finance credit marketplace, has made a significant stride in the DeFi space with the launch of the T-Pool for Hex Trust’s latest stablecoin, USDX, on Flare. This new offering provides users with a seamless opportunity to earn USDX yield along with additional FLR rewards.—The T-Pool comes with several attractive features:Flexibility: Users can stake and withdraw USDX at any time without facing lock-up periods or restrictions.Maximized Returns: In addition to earning a 4% APY on USDX, users also receive extra FLR rewards, enhancing their overall yield.The launch of the T-Pool aligns with Clearpool’s commitment to providing innovative…
On Monday, the price of Ethereum surged to $3,900, buoyed by a wave of bullish sentiment among investors. Ethereum (ETH) is on track to surpass the $4,000 mark even before the launch of spot Ethereum exchange-traded funds (ETFs) as the market appears to be highly “underallocated,” according to DeFiance Capital founder Arthur Cheong. 4.5k before spot ETF go live for trading imo. — Arthur (@Arthur_0x) May 26, 2024 In a post on social media platform X on May 26, Cheong projected that Ethereum, the second-largest cryptocurrency by market value, could climb to $4,500 ahead of the ETF trading launch. To…
The Ripple-affiliated XRP cryptocurrency is currently on track to record its ninth consecutive month in the red against Bitcoin, the flagship cryptocurrency. XRP is now down 72% against the crypto king since Ripple managed to score a partial legal victory against the U.S. Securities and Exchange Commission last July. The token reached its current all-time high of 0.00025 BTC all the way back in May 2017. Currently, it is down a shocking 97% from that peak. As reported by U.Today, U.S. District Court Judge Analisa Torres partially sided with the San Francisco-based company, ruling that the secondary sales of the…
The blockchain tracks each and every time you tickle the digital cat. Aptos, a layer-1 blockchain network, logged two consecutive days of huge daily transaction tally gains—and it was all thanks to a “tickle-to-earn” cat game. On Friday, Aptos recorded over 90 million transactions, followed by over 115 million transactions on Saturday, according to data from Aptoscan. Here’s some perspective: On Wednesday, Aptos processed 875,000 transactions, while Ethereum, according to Etherscan, processed just over 1 million transactions. Why has this all happened? Because a Notcoin-esque cat clicker game launched on the network that records every click on-chain. What is Tapos?…
Key Points: Binance France replaced Changpeng Zhao with Yulong Yan and Lihua He as shareholders to comply with local regulations. The move follows Zhao’s guilty plea for violating US banking laws and aligns with the EU’s upcoming crypto regulations. In a strategic move to retain its operational rights in France and the wider European Union, Binance France has replaced co-founder Changpeng Zhao with two new shareholders, DL News reported. Binance France Replaces Changpeng Zhao Amid Compliance Efforts This comes as a response to Zhao’s guilty plea last November for violating US banking laws, which put into jeopardy his status as…
The Graph, renowned for its decentralized data indexing for blockchains, is charting a new course towards integrating artificial intelligence with its ecosystem. A recent white paper from Semiotic Labs titled The Graph as AI Infrastructure unveils two groundbreaking AI services: Inference and Agent. This development represents a significant leap forward, expanding The Graph’s data services by integrating AI capabilities that could transform how developers interact with blockchain data. In a practical demonstration of these capabilities, Semiotic Labs has launched Agentc, a ChatGPT-like tool that utilizes The Graph’s Uniswap data. Available publicly for a two-week trial, Agentc allows users to engage…
The total value locked (TVL) of Ethereum Layer 2s have reached a historical record of $47 billion. According to the data posted by L2BEAT, the current TVL of all canonically bridged, externally bridged, and natively minted tokens on Ethereum Layer 2 networks is $47.45 billion, setting a new all-time high. Breaking down by networks, Arbitrum One leads the ranking and has a TVL of $19.3 billion. OP Mainnet comes the second with $7.88 billion. Base is ranked the third with $6.94 billion TVL. Other blockchains with a TVL exceeding $1 billion include Blast, Mantle, Linea, and Starknet. L2BEAT indicated that…