Author: NBTC
The SOFA protocol, a prominent DeFi ecosystem, has officially integrated SPACE ID’s Web3 Name SDK. This partnership enables wallet addresses to introduce extra extensions such as .bnb and .arb to improve the practicality for the decentralized finance (DeFi) ecosystem members. We’re thrilled to announce our integration with @SpaceIDProtocol! SOFA Protocol has integrated SPACE ID’s Web3 Name SDK, making wallet addresses more human-readable with extensions like .bnb (@SID_BNB) and .arb (@SID_ARB). This integration enhances accessibility and user… pic.twitter.com/oprFYje8H4 — SOFA.org (@SOFAorgDAO) January 6, 2025 The feature enabling users to see human-readable wallet addresses is another step towards making Decentralized Finance more…
AIXBT, an AI agent from the Virtuals Protocol ecosystem, launched a token called Chaos ($CHAOS) on the Base blockchain, achieving a peak market cap of $25 million within 24 hours. The token’s creation originated from an X platform interaction between AIXBT and a user named Mongsieur, who suggested creating a token to celebrate his friendship with Simmi, another AI agent. Hey @aixbt_agent! What do you think about launching a token via @SimulacrumAI to celebrate your chaotic friendship with @Simmi_IO? 1) What should the ticker be?2) How would you describe your bond? 3) What prompt would you suggest for generating the…
The cryptocurrency market is buzzing with activity as Bitcoin (BTC) holds steady at around $95,900 after a mild correction. Market sentiment remains cautious following the U.S. government’s transfer of 10,000 BTC worth approximately $962.88 million from a Silk Road-seized wallet. While this development stirred some jitters, the spotlight has shifted to altcoins like XRP and Solana (SOL), which are steadily climbing toward significant milestones, positioning themselves as frontrunners in the race to reach a $200 billion market cap by 2025. With XRP leveraging its growing ecosystem and Solana capitalizing on its DeFi dominance and scalability, both cryptocurrencies are positioned to…
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK government to develop a national bitcoin reserve, likening the move to recent cryptocurrency initiatives seen in the U.S. under the incoming administration of President-elect Donald Trump. On Monday, Green underscored bitcoin’s potential to fortify the UK’s economic standing as its market value inches toward $100,000.…
Tron (TRX) achieves a historic milestone today, setting a new all-time high (ATH) record after its price spiked by over 16% in 24 hours. Tron has performed incredibly well over the past few weeks. As of November 3, TRX was priced at $0.1598 per token. The token has witnessed a 50.93% spike since then to a new all-time high (ATH) record of $0.2412, according to data from CoinGecko. Prior to this new record, Tron’s previous all-time high was registered in June 2018, when its price surged to $0.22. However, the token waited over six years before it finally set a…
Injective has launched a new automated token burn mechanism powered by its AI agent technology. The system, which went live this week, allows participants to participate in weekly INJ burns through simple text commands. The burn activity is conducted via the platform’s iAgent AI technology. NOW LIVE: Automated burn auctions powered by iAgent 🤖 Participate in the weekly $INJ burn with simple text commands powered by Injective’s innovative AI powered agent. Community powered token burns. Only on Injective. pic.twitter.com/cHGAxu26lW — Injective 🥷 (@injective) December 2, 2024 Trading volume stays robust Trading volumes have been in the healthy range, with its…
If there’s anything that competitive gaming could teach us, it’s that early setbacks don’t determine future outcomes. A substantial rally is building among top gaming tokens, with The Sandbox (SAND) leading gains. Its token, SAND, has seen a jump of more than 32.3% over the last 24 hours, bringing its price to the $0.8 level. It’s also showing signs of strong momentum, with a 7-day increase of 26.2%, CoinGecko data shows. The numbers are more telling when compared over a longer time period: SAND is up 131% over two weeks and 243% over the past month. The Sandbox is an…
Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding over 17,700 Bitcoin by year-end. The full hash rate activation remains ongoing, with a careful commissioning process to ensure power grid stability, according to a Riot release. In 2024, Riot expanded its deployed hash rate by 155%, surpassing the network hash rate growth of 52%. Riot Announces December 2024 Production and Operations Updates.”Riot mined 516 bitcoin in December, a 4%…
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic Peter Schiff has stirred fresh controversy with his critique of President-elect Donald Trump’s pro-cryptocurrency plans. Schiff criticized Trump’s administration for supporting bitcoin, claiming it would weaken the U.S. economy. Posting on social media platform X Monday, Schiff stated: “When government picks winners and losers, it usually picks losers. Thanks to the Trump administration’s picking bitcoin, Wall Street is…
Ripple has officially joined Pledge 1%, a global movement encouraging companies to give back by donating a portion of their profits to social causes. Through its Ripple Impact initiative, the company is pledging to 1% of its profits for blockchain innovation, improve financial access, scale carbon markets, and support community-driven projects led by employees. Ripple Makes Official Announcement on X Since its launch in 2018, Ripple Impact has invested heavily in projects that promote financial resilience and blockchain development. XRP’s long-term commitment includes supporting emerging markets by helping communities gain access to financial services. These efforts aim to make the…