Author: NBTC
The Sandbox is giving away monthly rewards to holders of a specific set of eligible NFT avatars based on last month’s snapshot. These rewards can be claimed until 31st August. Earlier on 26th July, The Sandbox took a snapshot of wallets holding eligible NFT avatars. Avatar owners can now start claiming the rewards until 31st August. 📣 ATTENTION, AVATAR OWNERS 🦆 This August, we’re making a splash with limited-edition Rubber Duck Buoy NFTs! 🛟 Celebrate summer fun with this quack-tastic collection inspired by The Sandbox lore.Claim your reward now until August 31st! https://t.co/0xQUFSRQic pic.twitter.com/qjFciRGtzW — The Sandbox (@TheSandboxGame) August 2,…
Ethereum price plunged to $2,127 on Aug 5, down by a staggering 61% within the 7-day timeframe, markets data suggests that a sell-off from Ethereum ETFs and major crypto trading firm had accelerate the ETH downswing. Ethereum Price Sees New 2024 Low as JumpTrading Sells $277M ETH On Monday, Aug 5, 2024, the cryptocurrency markets experienced a historic downturn attributed to several bearish catalysts. The downtrend first began around August 2, when the US Bureau of Labor Statistics first published data on US Non-Farm Payroll (NFP) for July 2024. Based on that report, the US recorded a 114,000 surge in…
Revolut, a global fintech company with 45 million customers, has launched an educational initiative for the cryptocurrency Floki. This new ‘Learn’ course aims to enhance understanding and adoption of Floki among Revolut’s extensive user base. Revolut Launches Floki Learn CourseRevolut has just launched an exclusive #Floki Learn course!Users of @RevolutApp, the biggest fintech and retail trading app in Europe with over 45 million customers, now have the opportunity to explore the thriving $FLOKI ecosystem and its… pic.twitter.com/mWUNe6KXA5 — FLOKI (@RealFlokiInu) July 15, 2024 The course, part of Revolut’s broader educational platform, introduces users to Floki’s “Vikings,” a dedicated community working…
Turkey’s Capital Markets Board (SPK) has recently finalized the application process for cryptocurrency asset service providers. The publication of the initial list marks a significant step towards regulating the Bitcoin and altcoin sector in Turkey. According to the released data, 47 companies submitted operational applications, whereas 3 companies requested liquidation. An in-depth analysis of Turkey’s SPK lists reveals the future of the country’s cryptocurrency sector. Regulatory Milestone: 47 Companies Apply for Operational Licenses The SPK’s initiative to regulate the cryptocurrency market saw 47 companies submitting their applications for operational licenses. Among these firms, QNB Digital Assets stands out as one…
Binance, crypto’s largest centralized exchange, saw $1.2 billion in net inflows as digital asset investors capitalized on a massive market drop caused by an unwinding yen carry trade. Bitcoin’s (BTC) rebound and a bounce in the broader cryptocurrency market spiked trading activity on CEX platforms like Binance in the last 24 hours. Binance CEO Richard Teng, citing DefiLlama data, said the crypto exchange recorded its highest single-day trading volume since the beginning of the year. Amid the macroeconomic climate and yesterday’s market downturn, #Binance recorded a net inflow of US$1.2 billion in the past 24 hours, according to @DefiLlama’s CEX…
Bitcoin’s plunge toward $57,000 was the last thing expected after the catastrophic drop below $65,000. However, it has become a reality, and the market will have to act one way or another. Here are three potential outcomes if Bitcoin breaks below the crucial $57,000 level. 200 EMA being invalidated as support The 200 EMA will no longer be valid as a support level if Bitcoin falls below $57,000. The 200 EMA has acted as a key technical indicator to evaluate the general trend. If Bitcoin were to lose this support, it would enter bearish territory and might even worsen the…
Ethereum co-founder Vitalik Buterin raised serious concerns about EIP7702’s security in a recent X exchange when comparing it to smart contract wallets. The issue of why people trust smart contract wallets but are cautious about the irrevocable nature of EIP7702 was raised by Uniswap’s creator Hayden Adams. In response, Buterin pointed out a crucial difference: With a smart contract wallet (SCW) users have confidence in a single securely auditable piece of code. However, there are extra risks involved with EIP7702 as its security depends on users only delegating to one entity — that is the wallet. Strong security for Ethereum…
Vechain has introduced FUEGO, a decentralized application where users can burn VTHO for B3TR tokens while contributing to various sustainability initiatives. VET has experienced a substantial price surge amid a recovering market period, with analysts predicting a sharp price movement. Vechain, known for its innovative prowess at enhancing supply chain management and business operations has introduced FUEGO, a decentralized application (dAPP) that offers users a great deal of opportunity to earn B3TR tokens. Users get to burn VeThor tokens and in return earn B3TR tokens. This innovative project not only bolsters VeThor’s adoption but also contributes to global sustainability and…
Ripple CTO David Schwartz has waded into the ongoing legal battle between the American influencer and professional wrestler Logan Paul and the crypto journalist and Coffeezilla YouTube presenter Stephen Findeisen. Schwartz supported the latter while describing Paul as trying to get the government to punish people for criticizing them. I side with the one who isn’t trying to get the government to punish people for criticizing them. — David “JoelKatz” Schwartz (@JoelKatz) August 5, 2024 Schwartz highlighted Findeisen’s uploaded video, claiming Paul was suing him for defamation. The Ripple CTO added a caption to the shared video, criticizing Paul’s lawyers…
Bybit has launched a new pre-market product: Bybit Pre-Market Perpetuals. Bybit, the world’s second-largest crypto exchange by trading volume, has introduced this product to allow traders to speculate on the future values of upcoming tokens before their official launch. Once the token is listed, users can place orders with up to 5x leverage and execute trades at the opening price, providing an advantage over competitors, who typically only allow 2x to 3x leverage on pre-market trades. “Pre-Market Perpetuals provide early access to new tokens, allowing our users to hedge spot positions and secure profits effectively,” said Joan Han, Sales &…