Author: NBTC

Coinbase executive Conor Grogan announced that at least 913,111 Ethereum (ETH) were permanently lost due to user error. This amount, currently valued at approximately $3.43 billion, corresponds to 0.76% of the total ETH supply. According to Grogan, these losses stem from irreversible transactions and inaccessible wallets. Furthermore, when we include the 5.3 million ETH (approximately $20 billion) burned under EIP-1559, an update to Ethereum’s fee mechanism, more than 5% of the entire Ethereum supply has been permanently removed from circulation. Grogan noted that this loss only covers ETH that is verifiable and technically “locked forever,” not lost private keys or…

The decentralized finance (DeFi) sector is making considerable buzz on the social media. As per the data from Phoenix Group, $SOL, $XRP, and $LINK are the top DeFi projects when it comes to social activity over past 24 hours. The crypto data and analytics platform revealed in its recent X post that the growing social activity of these projects indicates the rising community sentiment and engagement. Hence, this significant interest is anticipated to lead to robust progress in the near future. TOP #DEFI PROJECTS BY SOCIAL ACTIVITY$SOL $XRP $LINK $RENDER $INJ $HBAR $ENA $ICP $MASK $XTZ pic.twitter.com/oxbwhTUA51 — PHOENIX –…

Insights from the Ethereum (ETH) Rainbow Chart suggest that the second-largest cryptocurrency by market cap is likely to see further momentum on August 1. As of press time, Ethereum was trading around $3,700, placing it within the “Steady…” zone of the chart. The Rainbow Chart is a long-term valuation model that utilizes a logarithmic curve and color bands to illustrate Ethereum’s historical price sentiment. It helps investors gauge whether the asset is undervalued or overheated, without predicting short-term movements. For August 1, 2025, the model estimates Ethereum could trade between $4,752.48 and $6,901.15, a range corresponding to the “HODL!” zone.…

Coinbase just announced that its protocol security team will offer free security reviews to a select cohort of apps and protocols building on the Base chain, which is currently in beta. The initiative is coming shortly after Arbitrum announced a similar campaign that saw the Arbitrum Foundation allocate $14 million in ARB tokens to subsidize security audits for network projects, distributing 30 million ARB tokens over 12 months following DAO approval. Coinbase’s new program to improve network security Base Chain claims it is focused on onboarding the next billion users on-chain, and it plans to achieve this by empowering builders…

Ethereum (ETH), the flagship alternative cryptocurrency, managed to reclaim the $3,800 level earlier today, spiking to an intraday peak of $3,810 on the Bitstamp exchange. The cryptocurrency is currently roughly 22.8% from reaching its November 2021 peak of $4,878. It has soared by 54% over the past month alone. Ethereum ETFs are on a roll The most recent price rally comes after Ethereum exchange-traded funds (ETFs) logged $4.1 billion worth of inflows over the past 10 days alone. On July 22, they brought in $533 million in a single day. The outperformance of Ethereum ETFs (especially BlackRock’s iShares Ethereum Trust…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. When building on Solana up until now, you’ve really only had two bad choices for storing and delivering your app’s data. You could lean on Web2 giants like Cloudflare or AWS, which are fast and easy, but very much centralized and outside the crypto ethos. Or you could try to piece together more decentralized fixes using IPFS, Arweave, and other assorted gateways — bearing in mind that, while these latter methods do work, they require lots of duct-tape and set-top thwacking to dial in. Decentralized CDN Pipe…

The new infrastructure, to be built by Nexbridge and Nexplace, will position El Salvador at the forefront of financial technology, enabling the development of capital markets and a suite of service offerings built on the bitcoin stack. El Salvador to Pioneer Native Bitcoin Capital Markets El Salvador, with its comprehensive digital asset regulations, is preparing to host the first bitcoin-based capital markets infrastructure firm. The new infrastructure will be launched soon, aiming to position the country at the forefront of emerging trends in financial technology. The trading platforms will be developed by two firms, Nexbridge and Nexplace, which have recently…

Ethereum has rallied to more than $3,800 this week, gaining roughly 60% over the past month, according to data provider CoinGecko—a sign that “ETH season” is finally nigh.  But as the altcoin rises from the doldrums, one question remains foremost for the token’s holders: Will this ETH revival last?  Jeff Garzik, an early Bitcoin programmer who worked on the blockchain alongside its creator Satoshi Nakamoto more than a decade ago, said Ethereum and its native token will thrive, largely due to the usefulness and ubiquity of its technology.  “I’m not bearish on Ethereum because everybody is building on EVM,” Garzik…

ZENi, a platform for AI-powered Web3 engagement, has announced its strategic collaboration with StarAI, a platform for AI-powered Web3 creation. This partnership aims to bridge the gap between real users, genuine engagement, and tangible growth in the Web3 content revolution. https://twitter.com/ZENi_io/status/1950463692593930585 StarAI has a unique feature called Create-to-Mine, which enables creators to monetize their content across TON, BNB Chain, and LINE. This innovative feature will leverage blockchain technology to empower creators. ZENi has released this news through its official X account. ZENi and StarAI Unite to Drive Authentic Growth in the Web3 Ecosystem Through this union, both FinTech firms will…

According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period.Bitcoin’s achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover the reaction to the 30% tariffs against imports from the EU and Mexico that Trump announced late Friday. Analysts expect the bitcoin price to reach as high as $250,000 by year-end. For example, in a recent interview on CNBC, Fundstrat Capital CIO Thomas Lee said that the…