Author: NBTC
Bitcoin’s value proposition relies on its ability to resist any type of censorship. Without that feature, Bitcoin loses its power to challenge and resist any authority that wants to subjugate Bitcoin to the same rules that apply in the traditional world. With this in mind, it’s paramount that bitcoin has no central points of failure whatsoever. If there is a gatekeeper, there is a vulnerability. If there is a vulnerability, it will be exploited. And at that point, Bitcoin as an exercise of free and decentralized digital money simply stops. To ensure the network’s decentralization, robustness and anti-fragility, we need…
Flare (FLR), a layer-1 (L1) blockchain data platform, has announced the launch of Flare Fair, a gamified virtual fair designed to showcase the network’s potential in decentralized finance (DeFi), as outlined in the reports sent to Finbold on Friday, February 7 Operating in phases, the fair will continuously present new tasks, themed virtual rides, and decentralized applications (dApps), offering participants a chance to earn rewards such as rFLR emissions, FlareDrops, and high-yield annual percentage rates (APRs). Users can likewise unlock additional rewards, including rFLR emissions drawn from a 510 million FLR pool, by staking, lending, or supplying liquidity on Flare’s…
The Sky ecosystem voted on altering the savings rate for USDS, as stablecoins increase their competition for predictable yield. The DeFi hub will change several parameters to boost Sky ecosystem adoption and reward all who swapped their MKR and DAI tokens. The DeFi lending ecosystem Sky, formerly Maker DAO, voted on decreasing the USDS savings rate to 8.75%. Sky Governance has approved a decrease in the Sky Savings Rate to 8.75%, scheduled for execution on February 10 at 14:00 UTC. pic.twitter.com/IsT7CoT4xV — Sky (@SkyEcosystem) February 7, 2025 Previously, the Sky ecosystem offered 12.5% in savings for staking USDS, managing to…
ai16z advisor Sam Gao has unveiled the technical whitepaper for Eliza, an open-source AI agent operating system. Per a Jan. 14 X post from Gao, the white paper was written by Shaw, the founder of ElizaOS, alongside contributors from other related organizations. According to the technical whitepaper, Eliza is described as a platform for deploying AI-powered agents that integrate directly with web3 technologies, including blockchain data interaction, smart contract operations, and decentralized applications. These agents are able to “By doing so, it could pave the way for a more equitable world where the benefits of technological progress are more broadly…
In a recent disclosure, the top crypto exchange Bitstamp has urged XRP holders not to sell their bags. Bitstamp, one of the world’s leading and oldest crypto exchanges, captured the XRP community’s attention with its recent social media campaign aimed at promoting the crypto asset. The exchange’s latest effort involves a creative version of the popular UNO game meme, where players are often humorously depicted choosing extreme options over easier alternatives. Bitstamp’s UNO Meme Shows XRP Loyalty In its post on X, Bitstamp shared an image of the popular UNO game meme. However, this time, the message on the meme…
Bitcoin (BTC) has entered 2025 with high volatility and heightened market attention, with analysts predicting this year could mark the end of its current bull cycle. According to Cycle Theory, which has accurately forecasted Bitcoin’s tops and bottoms for over a decade, the cryptocurrency is expected to reach its next Cycle Top of $200,000 by November 2025. BTC price: Logarithmic Growth channel and supporting indicators In an analysis by TradingShot, Bitcoin’s price trajectory is being tracked within the Logarithmic Growth Channel (LGC), a model that has reliably captured Bitcoin’s long-term growth patterns. This approach is further supported by the Mayer…
Layer 2 solutions gain traction as demand for scalable DeFi infrastructure surges.Key TakeawaysKraken’s InkChain, built on the Optimism Superchain, has seen a significant increase in active addresses since January 2025.InkChain supports SuperchainERC20 tokens, enhancing cross-chain interactions and EVM compatibility within the DeFi space Kraken’s Ink, a Layer 2 blockchain built on the Optimism Superchain, has recorded a surge in active addresses since late January 2025, maintaining user retention rates above 80%. 🔥Active addresses on @inkonchain have surged since the end of January. 🔥Furthermore, its retention rate remains above 80%, not only attracting more users but also keeping them engaged daily.…
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events. Over $10 billion was liquidated in a single day, as Ethereum (ETH) briefly dropped into the low $2,000 price area and major cryptocurrencies experienced declines ranging from 10% to 30%. Maple is a decentralized credit protocol in which users deposit assets into a pool that acts as a credit line for institutions. According to rwa.xyz data,…
In the last 24 hours, Ripple’s RLUSD stablecoin has seen an increase in activity, with 15,742,960 RLUSD moved across various transactions, according to Ripple stablecoin tracker data. This trend highlights the growing interest in the Ripple stablecoin amid the current market uncertainty. Ripple Stablecoin Tracker, a community account on X tracking the minting, redemption and transfer of Ripple’s RLUSD, has reported several transactions in the last 24 hours, the majority of which included RLUSD being transferred between unknown wallets and one from the RLUSD treasury into unknown wallets. 🚨🚨🚨🚨🚨🚨 1,800,010 #RLUSD transferred from unknown wallet to unknown wallet.https://t.co/A9CDbH8ajx — Ripple…
Binance, one of the biggest centralized exchanges, is leading the weekly trading volume charts with $113.6 Billion volume in the last 7 days. Here’s a full breakdown of the top centralized exchanges by their trading volume. TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #Cryptocom #Bybit #Coinbase #GateIo #MEXC #OKX #Upbit #HTX pic.twitter.com/A36yNakAS4 — PHOENIX – Crypto News & Analytics (@pnxgrp) February 6, 2025 Top Performers: An All-Around View The top centralized exchanges are arranged here according to their 7-day (weekly) trade volumes: When it comes to the number of trading volumes, Binance is on the top. The exchange handled…