Author: NBTC
The collaboration will help OpenLedger reach a major milestone of launching its testnet. OpenLedger is committed to developing safe and expandable solutions for developers in order to advance artificial intelligence. With over $6 billion in total value locked via its decentralized protocol, Ether.FI is a pioneer in decentralized restaking infrastructure. To strengthen network security, Ether.fi and OpenLedger, the data blockchain for AI, have established a strategic alliance. The partnership will improve the security and scalability of OpenLedger’s decentralized ecosystem with $6 billion TVL of Ether.fi’s restaking infrastructure. The integration with the restaking infrastructure of Ether.fi will help OpenLedger realize its…
BlackRock points to Bitcoin’s potential as a transformative and diversifying asset in its 2025 Global Outlook report. With its fixed supply and growing demand driven by rising investor confidence and adoption as a payments technology, Bitcoin is positioned as a unique addition to investment portfolios by offering low correlation to traditional risk assets such as stocks and bonds, according to the report. The report notes that Bitcoin’s value is driven by different factors, including its limited supply and its potential for widespread adoption. BlackRock says: “Bitcoin’s potential as a new diversifier stems from its unique value drivers: the potential to…
The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. The announcement, made on Dec. 17 through Polygon’s official social media account, highlighted concerns raised by users regarding the lack of a consent mechanism and potential risks to the network. Polygon stated: “Given the community’s concern around the pre-PIP, it seems unlikely for this proposal to progress. However, it doesn’t mean innovative or even aggressive ideas shouldn’t be explored in the future.” Security and ecosystem risks The proposal, known as…
This year, the correlation between the cryptocurrency market and traditional finance is more entrenched than ever before. This was largely due to the introduction of Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds, the arrival of BlackRock, VanEck, Fidelity and many other giant financial institutions to the market. On the one hand, the market has seen a great leap in adoption, but on the other hand, its independence and originality have noticeably decreased, and the movements of a number of cryptocurrencies are repeating the performance of key stock market indices. We mean the U.S. stock market, of course. Now, in anticipation…
Wormhole and restaking provider Nuffle Labs have partnered to bring multichain restaking to users on any chain. Nuffle Labs announced the integration on Dec. 17. Interoperability platform Wormhole and restaking provider Nuffle Labs are partnering to offer a multichain restaking solution that users can tap into to stake from any chain. The Wormhole (W) and Nuffle Labs teams announced the integration via a news release on Dec. 17. With its unveiling, users can stake their tokens on any chain without having to go for cross-chain bridging. Addressing liquidity fragmentation within the multi-chain staking ecosystem, the new solution leverages Wormhole’s message-passing…
Bitcoin has experienced an up-and-down couple of days, with the rise bringing the leading cryptocurrency past the historic $100,000 price milestone late Wednesday, and the resulting plunge on Thursday rapidly dropping the price under $93,000 as crypto liquidations piled up. By comparison, Friday has been much calmer for the market—and Bitcoin is starting to gradually regain ground lost during Thursday’s sudden bloodshed. Bitcoin hopped back above the $100K mark early Friday afternoon, breaching the six-figure realm around 12:45pm ET and continuing to climb up to a price of $101,878. It has since cooled to $101,233, with BTC effectively flat over…
World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase’s (COIN) wrapped bitcoin, cbBTC, for rival WBTC. Wrapped bitcoin is a form of the world’s largest cryptocurrency that can be used in decentralized finance (DeFi) on blockchains other than Bitcoin. Coinbase introduced cbBTC in September, and in November said it would delist WBTC, citing its listing standards. That action prompted BiT Global, a custodian involved in WBTC, to sue the crypto exchange to prevent the removal. A court ruled against BiT Global on Wednesday. There’s one more link in…
Rewardable, a prominent task-to-earn crypto platform, has launched the “Stake & Earn” option, which allows $REWARD token holders to earn income. The staking product also offers single-token and liquidity pool staking to cater to various Web3 earnings profiles. https://t.co/8oxQTSMd02 — Rewardable (@rewardable_app) December 14, 2024 Rewardable operates an open staking pool for $REWARD tokens, where users can lock their tokens for 60 days, 90 days, or 120 days at fixed intervals. The product currently has an Annual Percentage Rate (APR) of around 60% for staking a long-term hold. Single-Token Staking Offers Flexible Rewards The staking process is straightforward, appealing to…
Gros Islet, St. Lucia — Zoth, a leader in real-world asset (RWA) tokenization, has teamed up with Singularity Finance to launch Zoth Tokenized Liquid Notes Prime (ZTLN-P). Backed by U.S. Treasury ETFs and money market funds (MMFs), ZTLN-P provides institutional investors with a secure, on-chain solution for optimizing treasury assets and earning steady returns. (Cover photo: Mario Casiraghi, Co-founder of SingularityDAO)—Custodied by Doo Group and managed by reputable asset managers, this product bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi) with a focus on security, liquidity, and transparency.Mario Casiraghi, Co-founder of SingularityDAO and Singularity Finance commented:“ZTLN Prime…
Cryptocurrency analyst Fred Krueger has weighed in on recent claims that Bitcoin is in a speculative bubble, arguing that the current state of Bitcoin adoption does not meet the conditions for a true bubble. Drawing comparisons to historical financial manias, Krueger argued that Bitcoin is still far from achieving the widespread consensus and frenzy that defines bubble dynamics. Providing a detailed explanation, Krueger noted that real bubbles occur when almost everyone adopts a “new narrative,” leading to speculative excess and unsustainable market behavior. He cited several historical examples: Japan in 1990: The belief that Japan’s “Rising Sun” economy would surpass…