Author: NBTC
Cat-themed token POPCAT and dog-themed WIF jumped 25%, while smaller tokens MUMU and CATDOG were up 30%. The surge in Solana-based tokens contrasted with declines in major memecoins on other blockchains. Memecoins on the Solana ecosystem surged more than 30% in the past 24 hours, leading gains in the crypto market, as the network’s underlying token SOL, recovered from losses from earlier in the week. Cat-themed popcat (POPCAT) and dog token dogwifhat (WIF) surged as much as 25%, before slightly retreating, while smaller tokens MUMU and catdog (CATDOG) rose 30%, data show. Major memecoins on other blockchains, such as dogecoin…
Marlin has made a groundbreaking partnership with Hemera Protocol that seeks to revolutionize the decentralized AI industry. The two well-known blockchain platforms plan to establish a new and improved infrastructure for AI that is more secure, scalable, and privacy-oriented by integrating their key competencies: Marlin’s verifiable computing capabilities and Hemera’s groundbreaking semantic data indexing. Marlin is joining forces with @HemeraProtocol to enhance decentralized AI infrastructure. Combining Marlin’s verifiable computing with Hemera’s semantic data indexing paves the way for more robust and efficient AI applications. pic.twitter.com/2lVpogq0s8 — Marlin (@MarlinProtocol) October 3, 2024 Overview of Marlin and Hemera Protocol Marlin Protocol is…
The latest turn of events in the cryptocurrency world unfolded a few hours ago when an alarming withdrawal of 1,015 BTC, equivalent to about $64.47 million, happened from the Binance exchange. The exact credentials of the person behind this huge withdrawal are unknown. Someone created a new wallet and withdrew 1,015 $BTC($64.47M) from #Binance 1 hour ago.Address:12993NM9fV8dSSQgbWDZSBVgqtPw4DaAXS pic.twitter.com/PGwd3AbrmK — Lookonchain (@lookonchain) September 24, 2024 This significant transaction required the creation of a brand new wallet with the address 12993NM9fV8dSSQgbWDZSBVgqtPw4DaAXS, into which all the withdrawn BTC from Binance’s hot wallet (bc1qmn) was transferred. Lookonchain, a blockchain analytics company that tracks large…
Did a CryptoPunks NFT on Ethereum really sell for a record $56.3 million as the broader NFT market continues its long, slow decline? No. Here’s why. While it’s true that CryptoPunk 1563 was transacted this afternoon, and that 24,000 ETH—or $56.3 million worth at the time—was “paid” for the asset, there were both surface-level and behind-the-scenes red flags that quickly cast doubt on the legitimacy of the purchase. First off, this particular CryptoPunk was last purchased for about $69,000 worth of ETH in September. It doesn’t have any particularly rare attributes, which means it typically sells near the entry-level (or…
Credbull’s LiquidStone facility will offer fixed yield to investors from high quality liquid assets, collateralized on-chain lending and trade financing. The fund will be capped at $100 million at debut, and raised to $500 million in Q1 next year. Decentralized private credit platform Credbull is rolling out a new fixed yield credit facility LiquidStone, with a capacity of up to $500 million, exclusively on the real-world asset (RWA) focused blockchain Plume Network, the protocols announced on Thursday. In the first phase, the product debuts with a fixed 30-day 10% annualized yield with daily redemption features on assets and yield, with…
Solana users are flocking to the new cryptocurrency Ore on the Solana network. Thousands of transactions and SOL payments are accounting for Ore activities. Ore’s present value is around $450 which makes it more valuable than SOL at the moment. Solana users are spending more time and money on mining Ore tokens, a new and exciting cryptocurrency with a GameFi Proof-of-Work (PoW) design. These digital tokens have caught the attention of the Solana community towards a new opportunity to drive personal investments. Ore Mining Gains Immense Popularity At its peak, Ore mining activities account for up to 16% of all…
The digital landscape is getting brightened with the launch of Spooky.box, an innovative offering from 3DNS. Now, users can claim unique Halloween-themed subdomains that integrate seamlessly with Ethereum Name Service (ENS) and Domain Name System (DNS) for a pumpkin spice latte for $4.20. This product merges the festive spirit of Halloween with the practical benefits of digital identity management. Get Affordable Digital Identity with Spooky.box Spooky.box allows users to dive into digital identity management without the high costs, typically associated with such services. Each subdomain serves as a digital address and a playful extension of one’s online persona. This offering…
A notable amount of bitcoin and ether open interest is set to expire “in-the-money” on Friday, setting stage for price swings, Deribit’s Luuk Strijers said. Options beyond the Friday expiry exhibit a bullish bias for bitcoin and ether. BTC’s max pain level of $59,000 may weigh over prices, analyst at Presto Research said. The bitcoin (BTC) market may get busy in the next two days as options contracts worth several billion dollars are due to expire Friday at 08:00 UTC, cryptocurrency exchange Deribit told CoinDesk in a message Wednesday. As of writing, 90,000 BTC options contracts worth $5.8 billion were…
On-chain private credit platform Credbulll partners with Plume to launch LiquidStone, new liquid high yield solutions offered only on the Plume Network’s platform. According to Credbull’s release, LiquidStone’s asset structure will be diversified across on-chain liquid assets, collateralized on-chain lending and high yielding trade financing solutions. For the first phase of the launch, Credbull will begin the expansion with an asset capacity of $100 million as well as a 30-day 10% annual percentage yield product accompanied by redemption features. The initial launch is then followed by another rollout in the first quarter of 2025, with a 90-Day 15% APY product…
The Shiba Inu ecosystem team reveals that its liquid staking partner, K9 Finance DAO, will make a major announcement at this year’s ETHToronto conference. The team made the disclosure through its official X handle yesterday, suggesting that the upcoming ETHToronto conference would be an exciting event for the KNINE and SHIB communities. Big Reveal Coming While expressing excitement for supporting K9 Finance, the team behind the Shiba Inu ecosystem highlighted some significant milestones its liquid staking partner has achieved so far. These include launching closed-beta testing for its liquid staking platform, bridging its native token KNINE to Shibarium, and becoming…