Author: NBTC

A multichain DEX PancakeSwap has recently announced a token burn event. As per the platform, the respective episode takes into account the burning of up to 9,039,859 $CAKE tokens with a value of up to $16 million. The company took to the social media platform X to disclose further details of this development. 🔥 9,039,859 $CAKE just burned – that’s $16M!💰 Trading fees (AMM V2): 89k CAKE ($156k) +9%💰 Trading fees (AMM V3): 71k CAKE ($124k) -50%💰 Trading fees (Non-AMM like Perpetual, Position manager etc): 0.3k CAKE ($k) -27%🔮 Prediction: 82k CAKE ($143k) +30%🎟️ Lottery: 31k… pic.twitter.com/bl5YK83W4V — PancakeSwap v4｜ETHCC…

Web-based crypto arcade BSMNT (aka “Basement”) debuted on Thursday alongside the launch of a new gaming network called B3.fun—and both are built on top of Coinbase’s Ethereum layer-2 network Base as the chain starts to welcome more gaming activity. With crypto-fied riffs on massively popular Web2 games like brick-breaker Breakout and Crossy Road, as well as established Web3 games like Nifty Island and Mighty Action Heroes, BSMNT players are invited to connect their wallet before “minting” the games they want to play. BSMNT.fun finds its home on B3.fun, a new Ethereum gaming network built on top of Base. While not…

In the wake of WazirX’s $230 million security breach, the newly launched Pi42, India’s first crypto perpetuals platform, is leaning on its focus to safety. Co-founded by WazirX’s own Nischal Shetty and Avinash Shekhar, Pi42 wants to distinguish itself as handling only Indian Rupees (INR) and offer crypto-INR futures trading with no direct crypto custody. The platform has set itself up with a long-term goal to reach 20 million Indian crypto investors. Shekhar addressed about the safety of customer deposits on the exchange, adding that the firm does not keep the digital assets of the customers with them. However, during…

Horizon ran a DAO voting on Horizen 2.0 in the second quarter of this year. It has recently published the most recent whitepaper for Horizen 2.0. This whitepaper includes key information on present ZK issues causing limited adoption and future expansion. It also offers ways for ZK to be less expensive, quicker, and more easily available for developers. The Horizen 2.0 whitepaper reveals significant technological advancements and strategic approaches designed to tackle some of the biggest challenges in ZK.This summary highlights key insights from the whitepaper, providing a clear understanding of the changes and their… — Horizen (@horizenglobal) August 12,…

Bitcoin’s price tumbled below $67,000 in the past 24 hours, triggering a wave of liquidations across the cryptocurrency market. The leading digital asset now sits at $65,500, raising concerns among traders and investors. Blockchain analytics platform Santiment noted on X (formerly Twitter) that Bitcoin has experienced its most significant three-day decline in non-empty wallets since before the asset’s all-time high of $73,000 on March 14. 📊 Bitcoin holders have just had their biggest 3-day drop in non-empty wallets since just prior to the March 14th all-time high. Unlike then, BTC has been sliding, provoking traders to liquidate for fear of…

Shiba Inu ranks just below USDC on Coinbase, surpassing Bitcoin and Ethereum. Shiba Inu (SHIB) has again captured the attention of the crypto community. A recent post by community figure Lola highlighted Shiba Inu’s standing on Coinbase, where it was listed as a top asset. According to the image shared by Lola, Shiba Inu ranks just below USDC on the list. Although some might argue that this also places SHIB ahead of well-established cryptos like Bitcoin and Ethereum in Coinbase’s asset listing, the parameter for the ranking remains unclear. As such, while the list spotlights top assets on the exchange,…

Bybit, the world’s second-largest crypto exchange by trading volume, has announced the launch of its innovative Subaccount feature, according to the most recent information shared with Finbold on August 14. The new tool is set to redefine how Bybit users approach their cryptocurrency trading strategies through enhanced organization and efficiency. What do Bybit Subaccounts bring? Subaccounts on Bybit function as individual accounts within the main Bybit account and allow for more personalized fund management and strategizing. Traders can now select between Standard Subaccounts and Custodial Trading Subaccounts, each tailored to meet specific trading needs. The new feature likewise makes it…

Mining profitability fell to all time lows as the network hashrate rose in the first two weeks of August, the report said. U.S. miners’ share of the Bitcoin network hashrate rose to a new record high of 26%, the bank said. The bank noted that the network hashrate has risen about 1% so far this month. Bitcoin (BTC) mining stocks gave back artificial intelligence (AI) related gains in the first two weeks of August as the network hashrate rose which pushed mining profitability to record lows, JPMorgan (JPM) said in a research report on Friday. Hashrate refers to the total…

Moongate has recently integrated with Arbitrum. It marks a significant advancement in the platform’s capabilities. This integration is aimed at making the transactions more efficient and cheaper under Moongate that is developing a Modular Web3 Engagement Layer for Real-World Activations. With the help of Arbitrum technology Moongate intends to adapt the process of registering the real-life experience with the help of blockchain based platform for ordinary people. Moongate is now integrated with @Arbitrum! Supercharging the attention assets economy with swift, cost-effective transactions. Our latest campaign, Moon Odyssey, leverages #Arbitrum to efficiently deliver power-up NFTs to users.Dive in here: https://t.co/fApaWCA7HO pic.twitter.com/oDF213CGW4…

In the sector of stocks related to bitcoin mining, it seems that there is a company with great growth potential. Analyst Mike Colonnese of H.C. Wainwright has, in fact, reiterated the “buy” rating with a target price of 27 dollars for the shares of CleanSpark (CLSK). Bitcoin Mining: the rating “buy” for CleanSpark shares with a target price of 27 dollars Bitcoin Mining: the potential of CoinSpark shares related to the hashrate The record of the total market of securities followed by JP Morgan Bitcoin Mining: the rating “buy” for CleanSpark shares with a target price of 27 dollars From…