Author: NBTC
Theta Labs and the NHL’s Vegas Golden Knights announced a partnership on Jan. 16 that will introduce new NFT-based fan experiences. Mitch Liu, co-founder and CEO of Theta Labs, said: “The world of sports is evolving, and we are at the forefront of this change with the Vegas Golden Knights. Our vision extends beyond offering unique experiences to broaden the team’s reach … This strategy is transforming the very essence of fan interaction, paving new paths for monetization, and reshaping the global sports landscape.” The remainder of the press release indicates that the Vegas Golden Knights will launch a series…
Ethereum price prediction: Crypto prices are ranging in the leadership of Bitcoin. The largest digital asset is stuck under $43,000 while support at $42,000 holds steady. Ethereum, its counterpart, has historically mirrored BTC’s behavior. With BTC anticipating a move to $44,000, there’s strong conviction ETH could close the week above $2,400 resistance, thus paving the way for another climb to $2,700. Cryptocurrency market caps are also ranging, according to blockchain data and insights shared by Santiment on X. It is evident investors are still withdrawing following the sell-off in January soon after the spot BTC ETFs were approved. Markets currently…
Krissy Meehan (formerly Krissy Mashinsky) and Alex Mashinsky are well-known for their connections to the failed and allegedly fraudulent crypto lender Celsius Network. Less thoroughly investigated, however, has been their role with Strong Blockchain, a brand name used for several different products led by the pair and related to e-commerce marketplace USA Strong. Strong Blockchain is described as a “decentralized, community-driven platform that allows users to verify the authenticity of products made in the USA.” Meehan confidently stated on X (formerly Twitter) that “The verification of Americas [sic] Supply Chain = more jobs & a stronger local economy.” Mashinsky listed…
Major cryptocurrency whales made significant altcoin purchases and sales transactions during the day when the rise continued. A savvy investor known by the short wallet address 0x0a7 recently traded 297,034 MKR tokens worth $611,299 for 215.5 ETH when the MKR price was $2,058. The investor purchased these MKR tokens between December 21, 2023 and January 6, 2024 at an average price of $1,329 and an estimated total cost of $394,741. By switching to ETH, the investor made a profit of $216,558, recording a 54.86% increase in approximately two months of holding. The investor currently holds 217 ETH ($613,284) and 24…
Bitcoin is surging lately, with the price of the leading cryptocurrency topping $52,000 this week for the first time since 2021. It’s inching closer to its all-time high just above $69,000, with momentum growing ahead of the halving. And if you’re keen on stacking satoshis however you can, here’s one way that won’t cost you anything but time: you can earn Bitcoin by playing a bunch of free games. Decrypt’s GG has been covering the rising trend of free-to-play mobile games and apps that offer up small bounties of Bitcoin for playing levels and seeing ads all the while. While…
In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboard STORM Partners For Legal Advisory Services Following voting that ended on January 9–overwhelmingly supported by the 1inch community–holders decided to onboard STORM Partners. This marks a significant step forward in the DAO’s efforts to navigate the complex legal landscape and protect its members. With STORM Partners on board,…
Today is a historic occasion for the Soonaverse. Not only are we celebrating one of the very first of many initiatives successfully spearheaded by the Soonaverse TaskForce, we are also marking the beginning of our expansion into the Cardano NFT universe, thanks to our newest partner NMKR. NMKR is the premier NFT platform in the Cardano ecosystem providing tools and applications for artists, brands, and developers. Through our partnership, we will be leveraging their APIs alongside our own BUILD.5 APIs to allow Soonaverse users to mint and eventually trade Cardano NFTs through our marketplace and modules. This partnership opens the…
Major cryptocurrency tracking platform Whale Alert has spotted at least half a dozen large Ethereum transactions, which cumulatively carried close to 240,000 Ethereum. The majority of these crypto transfers were sent to leading crypto exchanges. In the meantime, the Ethereum price has seen a small pullback after surging earlier this week, but it has begun to recover again. 🚨 🚨 🚨 🚨 🚨 49,999 #ETH (118,474,142 USD) transferred from unknown wallet to unknown wallethttps://t.co/b8hIfaqN3X — Whale Alert (@whale_alert) February 7, 2024 Almost 240,000 Ethereum on move The above-mentioned cryptocurrency tracker has detected anonymous whales moving grand amounts of the second…
SNAP token creator, Snap Inc posted disappointing quarterly results, fanning concerns about the firm’s future. Snapchat parent’s result failed to meet Wall Street expectations after it posted a 5% increase in revenue for the fourth quarter. The shares of the company slumped over 30% reflecting investor dispiriting. Snap Inc quarterly results miss expectations According to CNBC reports, Snap Inc. revealed revenue that lagged behind analysts’ projections and released a forecast that fell slightly short of Wall Street’s expectations. The report further highlighted that Snap has had six consecutive quarters of single-digit growth. The firm has also seen sales declines as…
JPMorgan claimed that the Office of Foreign Assets Control (OFAC), a financial intelligence and enforcement agency affiliated with the US Treasury Department, could exercise control over Tether (USDT) even though it is not a US entity. In a report published Thursday, a team of analysts led by Nikolaos Panigirtzoglou noted that “US regulators may exercise some control over offshore use of Tether through OFAC.” They cited Tether’s relationship with Tornado Cash, a privacy enhancement platform on the Ethereum network, as an example of this control. Tether CEO Paolo Ardoino responded by suggesting that JPMorgan’s concerns stemmed from jealousy over the…