Author: NBTC

In a landmark move that signals growing interest in Ethereum’s decentralized finance (DeFi) capabilities, OKX Ventures, the investment branch of the global cryptocurrency powerhouse OKX, has unveiled a significant investment in ether.fi. This innovative protocol stands out as a pioneering force in the realm of liquid restaking solutions on the Ethereum blockchain. ether.fi is setting new standards in the Ethereum ecosystem with its decentralized, non-custodial approach to delegated staking. This protocol is ingeniously designed to empower users to stake their ETH and in return, obtain eETH, a restaked liquid staking token. This development is not just a step forward in…

Helium announced that it would sunset Helium Price oracles for three tokens: HNT, IOT, and MOBILE. Data submission will be stopped effective March 20, 2024. This fulfills the need to have custom price feeds for Helium tokens. The announcement comes after Pyth Network successfully implemented price feeds for HNT, IOT, and MOBILE. That enables the network to leverage the composability of Solana. Pyth Network will now collect real-time data from verified sources to deliver consensus prices on-chain. Verified sources include exchange platforms and markets. Price feeds by Pyth Network for Helium are available for all users. They can be integrated…

U.S. authorities will continue to seek the extradition of Do Kwon despite a Montenegro court ruling in favor of an extradition to South Korea, Bloomberg has reported. The extradition saga has seen several appeals of decisions, and at the moment, it is unclear whether Do Kwon will appeal the latest decision. The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg. On Thursday, Kwon’s attorney, Goran Rodic, told CoinDesk via text that a Montenegro court had ruled to extradite him to South Korea after March 23 without…

Ark Invest has sold over 100 million dollars worth of Coinbase (COIN) shares between Monday, Tuesday, and Wednesday of this week. Ark Invest and the sale of Coinbase (COIN) shares for over 100 million dollars Ark Invest: Coinbase stock selling strategy and COIN price The crash of the exchange during the surge of Bitcoin and more Ark Invest and the sale of Coinbase (COIN) shares for over 100 million dollars The investment management company of Cathie Wood, Ark Invest, has resumed selling Coinbase shares (COIN). Just this week, between Monday, Tuesday, and Wednesday, the total sale of COIN has been…

Solana (SOL) has witnessed a significant surge in its price alongside an unparalleled increase in decentralized exchange (DEX) trading volume. Detailed statistics from DeFiLlama highlight that from March 3 to March 6, Solana’s DEX trading volume consistently surpassed the $2 billion mark, reaching a staggering $2.85 billion on March 5, a record-setting figure for single-day trading volume. This remarkable trend continued throughout the week, with the total weekly volume skyrocketing to $14.966 billion, marking an increase of 152.63%. This surge in trading activity reflects growing interest and confidence among traders and investors in the Solana ecosystem. The increase in DEX…

Dark Horse, a pseudonymous crypto researcher, stirs up controversies in the XRP community following his recent analysis of Judge Analisa Torres’ decision regarding XRP. In a tweet yesterday, Dark Horse claimed that XRP is only a digital asset with no legal definition. The researcher noted that Judge Torres, the ruling judge in the SEC v. Ripple lawsuit, never categorized XRP as a security or commodity. 🤔🤔🤔 Need some X Legal help please to debate this.. ➡️ I believe that Judge Torres has not determined XRP token as a security or commodity➡️ I also believe that she did not define XRP…

A significant event is on the horizon with the impending expiry of 29,000 Bitcoin (BTC) options and 270,000 Ethereum (ETH) options, according to data provided by Greeks.live. This event, set to take place on March 8, encompasses options with a total notional value of over $3 billion. The crypto market has been notably volatile, experiencing its highest fluctuations in nearly a year, with Bitcoin hitting a new all-time high above $69,000 before experiencing a sharp 10% decline. The surge in options trading, driven by the U.S. money-driven spot bull market, shows growing investor interest. Understanding options expiry An options contract…

Blackwing, a modular blockchain network, has successfully concluded a $4.5 million funding round spearheaded by Hashed and Gumi Cryptos, as per the information shared with Finbold on March 7. The funding is set aside for the advancement of the inaugural modular layer 2 blockchain tailored for liquidation-free leveraged trading across diverse assets. Blackwing’s role in DeFi At the core of Blackwing’s innovation lies its use of Limitless Pools, a method that empowers traders to engage in leveraged transactions by using borrowed funds while staying safe from the threat of forced liquidations. The approach represents a paradigm shift in decentralized finance…

The 2024 cryptocurrency market is witnessing an unprecedented surge, particularly in the AI-based. Leading the charge, Golem (GLM), Akash Network (AKT), and Ocean Protocol (OCEAN) are making headlines. These altcoins stand out for their technologies and potential for high returns. Each of these platforms offers unique solutions that leverage artificial intelligence, promising to revolutionize various industries. 1. Golem (GLM) Golem (GLM) has emerged as a pivotal player in the decentralized computing sphere, leveraging its open-source platform to foster a peer-to-peer marketplace. This ecosystem thrives on the mutual exchange of GLM tokens, a currency that rewards users for sharing their unused…

Matt White, CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), sees the Financial Action Task Force’s removal of the UAE from the grey list as a positive move, clearing the way for increased crypto-related investments. After the UAE fulfilled its action plan to tackle money laundering and terrorism financing, the FATF decided to remove the country from the grey list. This indicates significant progress in implementing reforms. In a podcast with Zawya published Thursday, White mentioned that the crypto market, which experienced a “crypto winter” last year, is now entering a more active phase. “There is going to be expansion…