Author: NBTC

Uniswap daily active users are the highest than other DEX exchanges. Token Terminal data show UNI has collected $399 million in fees in the past three months. UNI’s 180-day trading volume is the highest in the DEX sector. Uniswap (UNI) price trades above $7.8 and gains over 6% at the time of writing on Thursday, reflecting optimism as on-chain metrics indicate strong performance. Token Terminal data shows UNI has outpaced other decentralized exchanges (DEX) platforms in daily active users, fee collection, and trading volume over the past three months. Furthermore, the Santiment’s Supply on Exchanges metric has constantly declined since…

Ethereum creator Vitalik Buterin may be up for the Nobel Prize in Economics thanks to his contributions to cryptocurrency, two notable economists argued on a recent podcast. This comes ahead of the award announcement on Monday, October 14. Tyler Cowen and Alex Tabarro, two economics professors, spoke on the podcast for their joint economic blog Marginal Revolution as they questioned who may win the upcoming Nobel Prize in Economics. After throwing a few names around, they eventually pondered if the Ethereum co-founder could win. “I have an unusual pick, I suspect you’ll agree with me. I would give it to…

FTX customer Nikolas Gierczyk accuses Olympus Peak of underpaying him after buying his FTX bankruptcy claim worth $1.59 million, alleging the hedge fund owes him much more in additional recovery. According to a Bloomberg report on Oct. 11, Californian Nikolas Gierczyk is suing hedge fund Olympus Peak for not honoring his right to additional recovery. He claims that the hedge fund owes him much more than $1 million from their deal, as creditors stand to gain around 129% to 146% from the FTX bankruptcy payout plan. Gierczyk stated that he and Olympus Peak settled on a purchase agreement when the…

Bulls have returned to the Bonk (BONK) market today as the meme coin has triggered a strong upward rally. From its price to key metrics, BONK is witnessing a massive increase in multiple things, and the community is rejoicing in it. Moreover, it is likely that this bullish sentiment is going to prevail and a more sustained price rally will be established. As per CoinGlass data, the trading volume of BONK has surged 36.8% in the last 24 hours. It is currently standing at the $778.9 million range. This is a crucial development as it means that trading activity has…

Ex-senior executive of failed crypto exchange FTX Ryan Salame kept trying to delay his prison arrival up to the last minute, but a judge decided his dog-bite claims fell short of keeping him from his 7.5-year sentence. An interview Salame did with Tucker Carlson seems to have helped convince the federal judge that he was well enough to report to prison. Former FTX executive Ryan Salame, convicted of violating U.S. election laws in his contribution of millions of dollars in the previous congressional elections, has been rebuffed in an 11th-hour attempt to delay his prison sentence to treat a dog…

OKX has started operations in the country nine months after receiving a full license from VARA. The exchange is particularly targeting institutional investors who are new to crypto. DUBAI — Crypto exchange OKX has gone live in the UAE offering a dirham (AED)-denominated order book and integration with a local bank as it looks to attract retail clients and entice institutions that may have been reluctant to participate in the crypto market. The opening, nine months after OKX Middle East Fintech FZE was granted full regulatory approval by the Virtual Assets Regulatory Authority (VARA), will allow one of the four…

Nigeria continues to dominate blockchain adoption in Africa, with the government and the private sector integrating the technology to boost efficiency, enhance security, and offer transparency. According to Geoffrey Weli-Wosu, government support has been vital in this growth, with blockchain companies such as Domineum taking up prominent roles in the country’s tech ecosystem. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Weli-Wosu is the founder and CEO of Domineum, a blockchain-as-a-service company based in Lagos. At the London Blockchain Conference, he joined CoinGeek Backstage reporter Becky Liggero to discuss the rising adoption of blockchain in…

With the broader digital currency ecosystem facing capitulation and mild volatility, Ethereum’s (ETH) recovery might hit a snag. This is due to recent activities spotted by crypto transaction tracker Whale Alert. Per the data shared, a whale has moved 13,406 Ethereum to the United States’ largest crypto exchange, Coinbase. Ethereum sell-off ahead? Established digital currencies have a higher tendency to experience large whale transactions. While users, or ETH holders, can move funds for various reasons hardly reflected on-chain, movement into an exchange generally connotes a sell-off. The 13,406 ETH sent to Coinbase is worth approximately 32.6 million. Though this lone…

The European Central Bank (ECB) calls for a coordinated approach to digital assets and distributed ledger technology (DLT) as part of a broader effort to establish a “digital capital markets union” for Europe. In a landmark speech at the Bundesbank Symposium on the Future of Payments, ECB Executive Board member Piero Cipollone laid out an ambitious plan for transforming Europe’s fragmented capital markets by leveraging tokenization and DLT technologies. Cipollone’s proposal comes as Europe grapples with persistently fragmented capital markets despite years of integration efforts. The current landscape, with 35 different exchanges for listings and 41 for trading, imposes significant…

RippleX, the development arm of Ripple, has recently unveiled new groundbreaking updates to the XRP Ledger (XRPL). These updates are set to revolutionize transactions on the XRPL, making it more efficient, secure and adaptable. In a new tweet, RippleX announced that two updates, a new vault and lending protocol, have landed on the XRPL. These two updates were implemented through the XLS-65d and XLS-66d specifications. New Vault & Lending Protocol updates on the #XRPL▶️ XLS-65d – Single Asset Vault (SAV): We’ve simplified the design so the Vault now holds assets directly, cutting out two unnecessary transactions for a more efficient…