Author: NBTC
Hyperliquid (HYPE) is trending on both social media and Google searches. The project, considered one of the high-profile airdrops for 2024, is now in price discovery mode for its native HYPE token. HYPE continues to gain attention as a potential high-liquidity project. The HYPE token continued its price discovery in December, adding to the social media noise. Hyperliquid has existed as a perpetual futures DEX since May 2023, only gaining more attention as its token generation event and airdrop approached. HYPE traded above $17.90, near its all-time highs, after trading started on December 1, at around $3.31. HYPE has retained…
The crypto industry’s hopes for improved SEC relations under Paul Atkins received a major boost with the introduction of a 90-day plan focusing on clearer regulations, halting unnecessary litigation, and removing outdated rules. The proposal is expected to rebuild trust and encourage innovation. The next three months will be critical for shaping a more balanced regulatory approach under Trump. Recognized as a pro-crypto advocate, the Paul Atkins-led SEC could signal potential regulatory changes and improve crypto relations under the Trump administration. This shift could lead to clearer and more supportive regulations for the crypto industry. In a December 18 statement,…
Every few decades, a new technology emerges that changes everything: the personal computer in the 1980s, the internet in the 1990s, the smartphone in the 2000s. And as AI agents ride a wave of excitement into 2025, and the tech world isn’t asking whether AI agents will similarly reshape our lives — it’s asking how soon. But for all the excitement, the promise of decentralized agents remains unfulfilled. Most so-called agents today are little more than glorified chatbots or copilots, incapable of true autonomy and complex task-handling — not the autopilots real AI agents should be. So, what’s holding back…
In three important and latest partnerships with Axelar, Halborn, and Buidlbox, COTI strengthens its privacy and scalability in Web3. These partnerships are key to COTI’s growth as a privacy-centric platform. Everyone has something to offer in the system and this generates new possibilities for development. COTI Builds Secure and Scalable Layer 2 with Soda Labs, Axelar, and Halborn Partnerships Layer 2 of COTI is developed with Soda Labs, and it uses garbled circuits, a new concept in the industry. It also guarantees the privacy of data and the possibility of using it in different blockchains. Axelar is instrumental in this,…
The US government has finally responded to Sam Bankman-Fried’s (SBF) appeal, stating that the initial conviction and forfeiture order against the former CEO of the bankrupt exchange should be affirmed. In its response, the government countered all the arguments raised in the SBF appeal. The US team, led by the US Attorney for the Southern District of New York, Damian Williams, filed the response on December 13. They noted that the District Court made the right decisions throughout the trial and was not biased against SBF, as the former CEO had claimed. To prove this point, they argued that the…
Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup 360 Energy. The move, made through Halliburton Labs, was highlighted in a report from Blockspace Media. Transforming Stranded Gas into Blockchain Power 360 Energy, also known as 360 Mining, has joined Halliburton Labs’ “collaborative ecosystem” as part of its energy technology accelerator program. Alongside this, Halliburton Labs has also become an equity investor in the company. Blockspace Media was the first to break the story. The Texas-based firm specializes in converting stranded and flared natural gas into power…
ZNS Connect, a decentralized naming system, has announced its latest partnership with Form Network, an L2 SocialFi blockchain. The partnership targets to revolutionize the on-chain interactions by simplifying them with domain names that humans can read. The Web3 platform took to social media to reveal this partnership. 🌟Big News! ZNS Joins Form Network🌟We’re excited to share that ZNS Connect is now the Name Service Provider on @0xForm Network!Form Network, the SocialFi Layer of Ethereum, is redefining the way we interact on-chain, and ZNS is here to make those interactions even simpler… pic.twitter.com/sKil0jKob0 — ZNS CONNECT (@ZNSConnect) December 19, 2024 ZNS…
On Thursday, the price of the world’s largest crypto plunged to its lowest level in over a week within minutes, sparking over $1 billion in digital asset liquidations before sharply rebounding. Starting at 5:26 pm ET, Bitcoin’s price plunged 6.3% to a low of $92,000 within three minutes. It then quickly rebounded above $97,600 before dipping another 1%, according to Coinbase data. Despite slipping 1.7% on the day to $97,100, the asset is still up over 39% in the past 30 days, driven by bullish enthusiasm surrounding President-elect Donald Trump. The move triggered more than $1.07 billion in liquidations across…
In the decentralized finance (DeFi) sector, Mantle Network has stirred the market with the inclusion of Compound III into its network. This partnership is a major development in improving borrowing and lending on Mantle and offering users new collateral choices and a secure environment for obtaining them. Mantle 🤝 @growcompoundCompound III is now available on Mantle Network, featuring @ethena_labs $USDe (base asset) and @IgnitionFBTC FBTC, @mETHProtocol mETH and wETH as collateral. pic.twitter.com/FxPACMpUxG — Mantle (@0xMantle) December 20, 2024 The Collaboration Explained The addition of Compound III introduces Ethena Labs’ $USDe as the base asset to the Mantle Network, along with…
Wall Street’s rate cut outlook is overly pessimistic. This week brings an important update for investors everywhere. The Federal Reserve will update its interest rate policy on Wednesday Dec. 18. The consensus expectation is for a 25 basis point cut, lowering the effective rate to 4.4% from the current level of 4.7%. The more important part of the discussion will be the outlook for the path of interest rates next year. Investors want to know whether policymakers still intend to lower rates by another 100 basis points next year, as the group endorsed in September, or if the viewpoint has…