Author: NBTC
Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of the total supply) will be airdropped, with the number of shards held by each user serving as the basis for the distribution. Ethena Announces 750 Million ENA Airdrop Ethena is joining the ranks of decentralized finance protocols that organize airdrops for their users. The protocol, which seeks to build a decentralized finance bond system outside the banking system and…
On-chain analyst Willy Woo believes that a critical time is arriving for Bitcoin (BTC) as he says bearish momentum subsides. Woo tells his 1.1 million followers on the social media platform X that key indicators suggest Bitcoin could soon see a bullish reversal. “Summary: it’s crunch time. BTC needs to make a decision. Technical indicators point bearish. The majority of my fundamentals signals point bullish. Macro liquidity will probably decide this.” The analyst says that Bitcoin’s cumulative volume delta (CVD), an indicator that aims to spot divergences by comparing buying and selling volume over a given time period, is starting…
Ethereum-based Azuki topped Tuesday’s non-fungible token (NFT) sales chart with US$1.13 million. Azuki’s daily sales surge pushes its all-time sales volume to approximately US$1.12 billion, making it the eighth-largest collection in the market. Azuki was the only collection with at least US$1 million in sales on Tuesday, as the overall sales profit fell by almost US$2 million, the highest since April 12, according to CryptoSlam data. The second-highest performing collection of the day was DMarket, which represents in-game items on the Mythos network, with sales reaching nearly US$887,880. Avalanche-based Dokyo claimed the third spot in daily sales, generating US$716,860 from…
The price of the 2nd-biggest crypto asset $ETH has recently plunged by more than four percent. Lookonchain, a well-known on-chain analytics provider, has disclosed that 6 whales have immediately responded to this dip by dumping their ETH tokens. The majority of the respective tokens reportedly went to the popular crypto exchange Binance. 6 whales dumped more than 44K $ETH($140M) after the market dropped!0x4353 deposited 10,431 $ETH($32.66M) to #Binance.https://t.co/3hqVXQvHlu0x4446 deposited 11,892 $ETH($38M) to #Binance.https://t.co/HvLu7N4DnM0x488b sold 3,543 stETH($11.23M) at $3,170 and 3,000… pic.twitter.com/93ISSkJWfW — Lookonchain (@lookonchain) April 29, 2024 6 Whales Respond to $ETH Dip by Dumping 44K Tokens This event has…
Several memecoins have recently launched on the Neo blockchain and can be swapped on the Forthewin Network DeFi platform. The increased activity surrounding memecoins on Neo mirrors current trends on other networks like Solana, Ethereum, and other EVM L2s. As of March 2024, the four most popular new memecoins on Neo include Schrute Bucks (SCHRUTE), Frank Coin (FRANK), Ape Coin (APE), and The Hongfei (HD). Each memecoin is paired only against GAS, except for HD, which is also paired against bNEO. At the time of press, each of the LPs contains 296.684, 696.471, 1,770.801, and 4,312.083 GAS, respectively, totaling roughly…
Jameson Lopp, co-founder and Chief Security Officer of the crypto self-custody platform Casa, has claimed responsibility for a griefing attack on the Bitcoin testnet network that disrupted its normal functioning. A griefing attack involves intentionally spamming transactions on a network, increasing its workload and disrupting its usual operations, often frustrating other network users without necessarily providing financial benefit to the attacker. In a post on the decentralized social media platform Nostr, Lopp stated: “My griefing attack on Bitcoin testnet has resulted in over 165,000 blocks (3 years worth) generated in the past week. 😏” Hashrate and block difficulty data on…
Recently, Ethereum developer Consensys sued the US Securities and Exchange Commission (SEC) in a landmark case that could redefine the future of cryptocurrencies. The developer is seeking a declaration that ETH is not a security. The legal battle, which started last week, is expected to last a long time, according to investment bank TD Cowen. The bank reiterated its view that spot Ethereum ETFs are unlikely to gain approval before 2025. “We believe litigation will take years, and our view remains that the SEC is unlikely to approve Ethereum ETFs before 2025,” TD Cowen Washington Research Group, led by Jaret…
What is XRPL? XRPL is a decentralized public Blockchain enabling quick transfers of XRP, fiat currencies, and digital assets, open to all for development. Jed McCaleb, along with Arthur Britto and David Schwartz, established Ripple Labs in 2012 with the vision of creating the XRP Ledger (XRPL). This initiative aimed to develop a robust ledger technology capable of supporting not only the native digital asset, XRP, but also serving as a global payment infrastructure. Ripple Labs aimed to tackle the inefficiencies and delays inherent in traditional financial systems by introducing a decentralized ledger capable of settling transactions in seconds. This…
If you’re looking to bank a little bit of Bitcoin while playing fun mobile games, there are loads of free play-to-earn iOS and Android games that pay satoshis (1/100,000,000 BTC) while you play and view ads. Not all of them are worth the hassle, but we’ve recommended some that we like. One of them is SpaceY, an amusing asteroid-mining game from Fumb Games that pays out Bitcoin as you skip across the galaxy to harvest resources. It’s simple and straightforward, but there’s a bit of strategy in the mix—ways to boost your earnings by taking advantage of every opportunity that…
Cryptocurrencies gave up their weekend gains, with the broad-market CoinDesk Market Index declining 3% over the past 24 hours. The first batch of Hong Kong-listed spot bitcoin and ether ETFs will start trading on Tuesday morning. ChinaAMC’s head of digital asset management said the offerings will be beneficial for crypto prices improving liquidity and expand participation. Crypto markets were lower across the board, with bitcoin (BTC) wavering near $63,000 as the upcoming Hong Kong crypto spot exchange-traded fund (ETF) debut has failed to spark excitement among investors. BTC drifted lower during the day from $64,000 over the weekend, slipping briefly…