Author: NBTC

Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it had participated in the pre-seed funding round of Quine Co., the core contributor to the Perena stablecoin platform. The investment aims to accelerate the adoption of stablecoins on Solana (SOL). This ecosystem already benefits from Perena’s decentralized finance focused solution. You might also like: Binance partners with Circle to drive global USDC adoption Circle, Paxos, PayPal and Hong Kong-based stablecoin issuer First Digital are among platform to bring stablecoin support…

A savvy crypto trader has earned over $550,000 in just six days by free minting $Daram and $Frogs tokens. The trader’s strategy involved minting massive amounts of both tokens via numerous wallets before selling them for a significant profit. Lookonchain, an on-chain crypto analytical firm, shared the sequence of events through its official X account. This guy made more than $550K by free minting $Daram and $Frogs in just 6 days!He minted 4.59B $Daram via 918 wallets with a gas of ~$10K and minted 8.8T $Frogs via 880 wallets with a gas of ~$7K.Then sold all 8.8T $Frogs for 26.56…

Crypto.com has acquired Orion Principals Limited, an Abu Dhabi-based brokerage licensed and regulated by the Abu Dhabi Global Market. In an announcement on Monday, Crypto.com said the acquisition is part of the crypto exchange’s plans to expand its range of crypto products and services. Specifically, Crypto.com is looking to add traditional financial instruments to its offerings. Exchange eyes growth in the UAE The expansion plan comes as the United Arab Emirates increasingly becomes a key global hub for crypto, with a crypto-friendly regulatory regime helping companies and businesses. Various projects and top crypto figures have set up shop in the…

According to blockchain analyst Andrew 10 GWEI, multiple addresses linked to Scroll’s founding team allegedly received millions of airdrop points, raising concerns about potential internal manipulation. The Scroll airdrop has not yet been distributed and it is unclear whether these wallets associated with the team are eligible to receive the airdrop, but speculation is growing. Andrew 10 GWEI shared details on social media that questioned Scroll’s robustness: “Scroll founder’s wallet with over 1 million tokens. Scroll = ZKscam 2.0? Teams are distributing drops to their wallets, that’s a fact.” He went on to provide evidence showing team wallets with tokens…

Deus X Pay, a regulated institutional stablecoin payment provider, is proud to announce its new brand. Its mission is to transform international payments by breaking down traditional barriers and delivering finance without friction. Formerly operating as HAYVN, Deus X Pay has transformed its focus to cater to institutional clients, businesses, and corporations. The company is dedicated to providing streamlined, secure payment solutions that drive global business growth. Deus X Pay CEO, Richard Crook, expressed his enthusiasm for the company’s new chapter: Deus X Pay CEO, Richard Crook “We are thrilled to introduce a brand that encapsulates our mission to unparalleled…

It appears that there may be another decline in Bitcoin, with traders keeping a close eye on a dip below $60,000. The BTC OrderBook heatmap displays a concentration of buy orders near the $58,000 mark, signifying a robust support area. But given the ongoing bearish pressure on the market, it is not clear if Bitcoin can continue to rise above this crucial level. Looking at the chart, it can be seen that Bitcoin is still stuck in a downward channel and is unable to move out of it. Prices have been circling around $60,000, which indicates that bulls are being…

Nearly $5 billion worth of cryptocurrency will be unlocked on October 24th, with major tokens like Celestia (TIA), EIGEN, and Solana (SOL) among the largest contributors. According to data from Tokenomist, TIA leads this event, releasing $1.11 billion worth of tokens into circulation. This major unlock has caught the eye of traders, especially those closely watching TIA’s price movements. One trader observed that TIA has been performing well, with a possible target price of $7 over the coming days if the positive trend continues. However, he also pointed out concerns about high funding rates, possibly influenced by the upcoming unlock,…

Global cryptocurrency exchange OKX has announced the addition of the MOVE/USDC trading pair to its spot trading platform, supporting the growth of the USDC ecosystem and meeting the diverse needs of its users. OKX to Introduce MOVE/USDC Spot Trading Pair with Special Auction Mechanism The launch will include a call auction mechanism and trade assurances to manage price volatility. Key Details of the Launch The call auction for the MOVE/USDC pair will take place between 17:30 and 18:30 on December 9, 2024. This mechanism allows for the accumulation of orders before the market opens to ensure smoother price discovery. Spot…

A digital art piece inscribed on Bitcoin’s Ordinals protocol titled “Ascend” has been sold for $57,450 at Christie’s Post-War and Contemporary Art Day, beating it’s low estimate of $39,000. Ryan Koopmans and Alice Wexell’s Bitcoin Ordinal “Ascend” was sold at a £44,100 or equal to $57,450 on Oct. 10 at Christie’s Post-War and Contemporary Art Day sale. The piece was initially estimated to sell at a price of £30,000 or $39,222. This is the first time that a Bitcoin Ordinal has been featured in a live auction at Christie’s, one of the world’s oldest and most storied auction houses founded…

A crypto whale is looking at a massive multi-million dollar gain on a Solana (SOL)-based memecoin after just five days. According to on-chain data tracker Lookonchain, a deep-pocketed investor turned $727 worth of Goatseus Maximus (GOAT) into $2.44 million. “This guy sold all 15.15 million GOAT [October 15th], turned five SOL ($727) into 15,883 SOL ($2.44 million) in just five days, a 3,176x return! Interestingly, he named himself ‘stupidmoney.sol’.” Lookonchain also spotted another savvy investor who is looking at $2.8 million in profits after buying more than 10 million GOAT on October 11th. “This smart money made $2.88 million (+3,360%)…