Author: NBTC

Manta, the 44th project featured on Binance Launchpool, is set to list its native token MANTA on Binance starting January 18, 2024. The project introduces a Layer 2 network designed as a gateway for zero-knowledge (ZK) applications, utilizing a modular blockchain and zkEVM to redefine Layer 2 smart contract platforms. Contents hide 1 What Is Manta Network? 2 What Are the Applications of MANTA Coin? 3 Key Takeaways What Is Manta Network? Manta Network is a modular ecosystem tailored for Web3, enabling users to create and deploy Solidity-based decentralized applications. The platform offers enhanced transaction speeds compared to Layer 1…

This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within two prominent networks: Core and Bitlayer. Core and Bitlayer Dominate Bitcoin-Centric Protocols, Holding 56% of Value Over the past few months, a significant portion of value has flowed into these Bitcoin-centric L2 and sidechain networks. Data from defillama.com shows that the top ten Bitcoin-based protocols collectively hold $1.31 billion. As of this writing,…

Bitcoin (BTC) bulls have started to push the price higher after yesterday’s minor price dip. They have been showing great interest as the trading activity is surging today. It is a watershed moment as the BTC price needs this backing from bulls on the market. The trading volume of Bitcoin, per CoinGlass, has soared 25.61%. Traders have injected almost $83 billion into the market in the last 24 hours. With this support from the bulls, the total market capitalization of BTC currently stands at $1.27 trillion. Crypto exchange Binance, with a volume of $23.56 billion, is leading the pack in…

Whale transactions of over $90 million signal potential market shifts. The Altcoin’s RSI is neutral at 48, indicating consolidation. Ethereum (ETH) is currently trading at around $2,312, slightly upward over the past 24 hours. However, recent fluctuations have kept traders on alert. Moreover, the much-anticipated Ethereum Exchange-Traded Funds (ETFs) could soon drive new institutional investment. These funds are expected to bring more capital into Ethereum’s ecosystem. In whale movements, Ceffu made a notable deposit in the past 24 hours. It transferred 28,865 ETH, worth $66.74 million, to Binance. Ceffu’s holdings now stand at 178,687 ETH ($411 million). Additionally, another significant…

Shiba Inu (SHIB) has seen a big increase in on-chain activity over the past 24 hours. Key metrics suggest that the popular meme-inspired cryptocurrency could be on a bullish trajectory. Thus, IntoTheBlock data shows that the Large Holders Netflow for SHIB has grown a lot recently. It went from 28.24 billion SHIB to 80.51 billion SHIB over the period we are looking at. That is an increase of 285% in just the past day. The Large Holders Netflow is a great way to track the movements of whales and investors holding over 0.1% of the circulating supply. It is also…

U.S. Securities and Exchange (SEC) Commissioners Hester Peirce and Mark Uyeda have slammed the SEC over an “endless series of misguided and overreaching cases” in a recent statement. The dissenting commissioners pointed to the SEC’s treatment of Flyfish Club, LLC, a “high end” restaurant chain that recently settled with the SEC. Flyfish Club sold NFTs during 2021 and 2022 to provide members an exclusive way to access a yet-to-be-built restaurant and bar ahead of its opening. Earlier this week, the club agreed to “destroy all Flyfish NFTs in its possession,” pay a civil penalty of $750,000, as well as stop…

Aethir recently announced a collaboration with Xai Games, in which they jointly launched a $10 million ecosystem grant to fund the development of AI-powered AAA gaming studios. This program is meant to attract gaming titles to both ecosystems and onboard millions of gamers. Thrilled to announce our $10M Ecosystem Grant Program with @XAI_GAMES, aiming at bringing AI-powered AAA gaming titles and studios to the fold 🎮This is just the beginning of empowering creators and gamers alike. Stay tuned for application details!➡️ Follow @AethirEco to stay… https://t.co/LTGCY8LlGB — Aethir (@AethirCloud) September 18, 2024 Aethir, known for its decentralized enterprise-grade GPU services,…

DeXFun has announced plans to launch its gamified decentralized perpetual futures non-custodial exchange on the Neo X EVM sidechain. DeXFun is a recipient of support from Neo’s Elevate Program, a funding initiative with US $20 million available to builders seeking to launch new or existing projects on Neo X. Neo Global Development also launched a DeXFun Galxe social media campaign with up to an equivalent of $200 in rewards. The DeXFun platform seeks to expand the scope of DeFi applications in the Neo ecosystem by offering a gamified user experience via social interaction for trading perpetual futures. Perpetual futures, or…

Payments Blockchain Fuse has revealed significant update to expand its ecosystem via a number of efforts meant to speed up adoption, as well as a significant update to its roadmap. With this upgrade, scalability will be improved as it moves toward a modular architecture based on zkEVM. As part of the network upgrade, Fuse will migrate to an L2 powered by the Polygon CDK in order to enable new use cases and facilitate the development of robust financial services and payment applications by enterprises with a strong interoperability foundation. Highlights include: Fuse Ember, a three-phase network upgrade Revised tokenomic model…

With the crypto market completing the first half of September on a bearish note, the possibility of history repeating has increased. Further, with the price of Bitcoin stabilizing around the $58,000 level, the cryptocurrency market is speculated to have entered into a cool-off period. Despite hovering close to its resistance/support level of $2.3k, the Ethereum price hints at a potential bullish reversal. Moreover, the price is anticipated to retest its upper high of $3K in the coming time. But what could trigger the price of ETH to retest its monthly high? Reportedly, over the past few days, the Ethereum staking…