Author: NBTC

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. In an open-source industry where applications can and are easily forked, “aggregation theory” — the investor thesis that the winner should build on top of and integrate as many applications as possible — caught on as a promising idea during DeFi summer. Middleware DeFi aggregators like 1inch, Matcha, Summer.fi (previously Oasis) and Instadapp have all pursued this idea to the fullest, but aggregation theory largely hasn’t panned out (Jupiter in Solana world is an exception). Ethereum DEX aggregators have not outcompeted Uniswap, even though in theory they…

Data provided by the public Shibburn tracker shows that there has been substantial progress in removing SHIB meme coins from the circulating supply over the last day. This surge in burns took place despite the Shiba Inu price showing a substantial decline this week. SHIB burns 6,750% up According to the aforesaid data source, over the past day, the SHIB army has succeeded in burning a substantial chunk of meme coins: 27,108,433 SHIB. This lifted the Shiba Inu burn rate 6,750%. That was possible thanks to three burn transfers and mainly the largest of them, which transferred 27,108,433 SHIB. This…

Age of Mars, a top web3 gaming ecosystem, has teamed up with Metapro to reach more players and developers through Metapro’s innovative hub. As a result of this partnership, it is much easier to make immersive, player-centred experiences, and developers now have the tools they need to be more creative with web3 games. NEW PARTNERSHIP | Age of Mars x Metapro 🔥We’re excited to announce our new step toward expanding the Age of Mars universe!🚀 The Age of Mars page is now available on @metaproapp — an innovative hub for gamers, developers, and blockchain enthusiasts. 🔗Check it out:… pic.twitter.com/W2qQRs5JEi —…

SoonVerse, through its official X account, announced its strategic partnership with Mystiko Network. This collaboration promises to unlock a wealth of opportunities for the SoonVerse community. It cements its position as a cutting-edge player in the blockchain landscape. 🌟 𝐍𝐞𝐰 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 : 𝐌𝐲𝐬𝐭𝐢𝐤𝐨 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 🌟@MystikoNetwork is a universal ZK SDK that scales, secures, and enhances interoperability for Web3 across all L1 and L2 blockchains.𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐨𝐨𝐧𝐕𝐞𝐫𝐬𝐞… pic.twitter.com/47zLWq4U9O — SoonVerse❤️AIGG (@soon_verse) December 3, 2024 SoonVerse is a blockchain-powered collaborative ecosystem. The other partner, Mystiko Network, is a universal ZK SDK known for revolutionizing security, scalability, and interoperability in Web3. Empowering…

QCP Capital has published a market analysis highlighting that Bitcoin has recently surged from $62,000 to $65,000, with around $80 million worth of leveraged BTC and ETH positions being liquidated. While some have attributed the price increase to news that Mt. Gox has extended its repayment period to October 2025, QCP Capital notes that this information was already made public last Friday. The firm suggests that while a variety of factors could explain the rally, the timing is particularly interesting because it falls in mid-October, just three weeks before the US presidential election. QCP Capital drew parallels with past election…

Whale-driven selloffs have begun putting massive pressure on Solana (SOL), as funds shift to memecoins. Solana’s price has been under pressure in the last 24 hours, partly fueled by whale-driven selloffs. This decline coincided with a shift of significant funds into memecoins. Market data indicates that whales have started liquidating SOL positions while actively buying into newer meme-based tokens. Large-Scale SOL Liquidations For instance, a major whale transaction unfolded recently, beginning with the creation of a new wallet that withdrew 32,695 SOL—equivalent to $5.46 million—from Binance. Instead of holding SOL, this whale opted to channel most of these funds into…

An analysis of over 3,200 GameFi projects shows 93% have failed, with token prices plummeting by an average of 95%. GameFi, a sector that combines gaming with decentralized finance, has faced a sharp decline after its initial surge during the 2022 crypto bull run, with a new report showing that 93% of projects have failed. A survey by ChainPlay, in collaboration with Storible, analyzed over 3,200 GameFi projects and found that many of their tokens have dropped an average of 95% from their all-time highs. The report also shows that GameFi projects have an alarmingly short lifespan, with an average…

Memecoin issuance platform GraFun is expanding today to the TON Network, the third blockchain after Ethereum and BNB Chain, in a bid to capture newer audiences. Expanding to TON could help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders. “Creating and trading memecoins directly inside Telegram, one of the most popular messaging apps in the world, is almost here,” a GraFun developer told CoinDesk over Telegram message. “After launching 14k memecoins and generating more than $450M in trading volume on BNB Chain, GraFun is now making memecoin creation simple…

Murad predicts POPCAT could surpass a $5 price due to its strong fundamentals and organic growth. Murad Mahmudov, now a meme coin expert, highlighted the “meme coin supercycle” at Token2049 in Singapore. In 2024, meme coin investments surged in popularity, largely driven by influencers like Murad Mahmudov, who made waves with his bold predictions for tokens like POPCAT. Murad, a well-known figure in the crypto space, transitioned from being a staunch Bitcoin maximalist to one of the leading voices in meme coin investments. His influence grew significantly after he introduced the concept of the “meme coin supercycle” during his keynote…

EDX Markets, the institution-only crypto exchange that started operations in June 2023 with support from Wall Street giants like Fidelity, Charles Schwab and Citadel Securities, has appointed its current chief technology officer, Tony Acuña-Rohter, as CEO. Wall Street veteran Jamil Nazarali, the founder and current CEO of the exchange, will move to the position of executive chairman of the board, according to a press release. Acuña-Rohter previously served as the chief technology officer of the firm since joining in 2022. Before EDX, he was the CTO of ErisX, a crypto firm acquired by Cboe in late 2021 that led to…