Author: NBTC

In an ambitious move to bolster its decentralized staking services, Rocket Pool has set a February 14th deadline for applications to its latest bounty program. This program is aimed at integrating the SSV Network with Rocket Pool, marking a significant step forward in the enhancement of Ethereum staking infrastructures. The bounty, as outlined by Rocket Pool, seeks to incorporate several technical advancements into its ecosystem. Among the key components of this integration are the inclusion of the SSV node docker, the integration of the SSV Operator Secret Key (SK) Generator, and the generation of keys from Node Operator (NO) seeds.…

I attended the Bitcoin Freedom Festival in Uvita, Costa Rica from January 18th through 20th. It was a unique event that was unlike any bitcoin gathering I’ve ever attended. There were over 30 speakers during the festival so I won’t try to cover each but there was one session that stood out and it involved a panel of indigenous women all who spoke through a translator. This panel said two things on the final morning which captured the essence of the festival. First, she made it clear they were guided by the Great Spirit to be there on that stage.…

DeFi lending protocol Euler v 2 brings greater flexibility to builders of lending markets and allows Ethereum-based vaults to be used as collateral for other vaults. Having suffered an exploit last year, Euler is inviting hundreds of white hats to a code audit competition prior to going live in Q2 Decentralized-finance (DeFi) lending protocol Euler Finance has bounced back from last year’s $200 million exploit with a more flexible version of its cryptocurrency vault-enabled lending platform: Euler v2. Like the first version of the protocol, Euler v2 allows users, in a non-custodial fashion, to deposit assets for lending, and other…

In a resounding testament to the burgeoning NFT market, sales on 21 tracked blockchains reached an astounding $1.75 billion in December 2023, marking a staggering 91% increase from the previous month’s figure of $916 million, according to data compiled by CryptoSlam. This surge in NFT transactions underscores the dynamic growth of the digital asset space, with Bitcoin (BTC) and Solana (SOL) emerging as frontrunners in the market. Notably, NFT sales on the Bitcoin blockchain dominated the landscape, accounting for almost 50% of the total, translating to a remarkable $881 million. Solana, a blockchain gaining traction for its speed and low…

CoinShares is passing a portion of the staking rewards gained from its Ethereum exchange-traded product along to clients as part of a broader bid to bring more investors to the sector. Investors of the Europe-listed CoinShares Physical Ethereum ETP will earn a 1.25% staking reward per year, the crypto-focused firm said Thursday. Such a reward is shared via an “upward adjustment to the coin entitlement” — the amount of underlying assets required to create and redeem the security, according to CoinShares product head Townsend Lansing. “Traditionally, the coin entitlement declines daily due to the management fee,” Lansing told Blockworks. “However,…

Crypto markets might have to brace for a dented investor sentiment in the future. In a disappointing turn of events, the US manufacturing output data came in higher than expected on Thursday. The data further cemented the idea that the Federal Reserve might take a step back before cutting rates in the future. US manufacturing output hits highest level since October 2022 According to a report by Yahoo Finance, the ISM Manufacturing PMI index for January came in at 49.1% on Thursday, beating Wall Street’s forecast of 47.2 percent. The numbers also came higher from 47.1% in the previous month.…

VeChain (VET) price rose 10% as Bitcoin spiked to briefly sit above $52k. The gains also came as the L1 smart contract platform announced Account Abstraction (AA) was now live. AA brings seamless interoperability and unlocks programmable smart contract wallets. VeChain (VET), the enterprise-grade L1 smart contract platform, has announced a major development in its blockchain ecosystem. Account Abstraction (AA) is live on VeChain, the platform said. VeChain debuts Account Abstraction By going live, AA brings programmable smart contract wallets to VeChain, putting the blockchain platform at the forefront of shaping the next step in global adoption of crypto. Account…

In a recent deep dive into on-chain data, an analyst from cryptocurrency analytics firm CryptoQuant identified two potential paths for Bitcoin (BTC), both leading to the $150,000 price point. The analysis, which covered nearly 100 hours of research, according to the analyst, revealed some interesting information. According to the analyst, net unrealized profits and losses (NUPL) are currently hovering around the 0.49 level and approaching the 0.54 level, which marks a peak in 2019. Although the 2019 level has not yet been reached, a significant number of investors are already in profit. The analyst also reached 1.83 in the Puell…

Ondo Finance, a tokenized real-world asset (RWA) platform, has integrated its tokenized U.S. treasury-backed product (USDY) onto Layer-1 Aptos. Aptos, which was founded by ex-Meta employees Mo Shaikh and Avery Ching, is the latest network to offer Ondo’s USDY. The U.S. dollar yield token is also available on Ethereum, Solana and Mantle. USDY is a token secured by short-term U.S. Treasuries and bank demand deposits. The USDY integration is part of a wider partnership between Ondo and the Aptos Foundation. Both firms will explore solutions that combine on-chain and real-world asset yields onto Aptos. “This will include developing new staking…

With Cristiano Ronaldo facing a $1 billion lawsuit for promoting Binance NFTs, we look closely at how sports personalities have interacted with NFTs. Non-fungible tokens (NFTs) have come a long way from when Quantum was minted in 2014, growing from assets initially exclusively linked to virtual currencies to tokens influenced by what we see in real life, like films, toys, and games. However, one of the areas where these tokens have stood out is in sports. Breaking into the bigger picture as memorabilia and collectibles, sport NFTs were first introduced in early 2021 when renowned NFL superstar Rob Gronkowski dropped…