Author: NBTC

BadgerDAO, a prominent player in the Bitcoin (BTC) decentralized finance (defi) sector, has announced a partnership with Lido, a premier provider of liquid staking solutions on the Ethereum network. According to a press release shared with crypto.news, a new eBTC system has launched offering users the ability to secure loans without encountering any interest, repayment, or initiation fees. Instead, the protocol utilizes the Ethereum collateral by staking it with Lido to generate staking rewards, which potentially offers a more cost-effective borrowing option. The protocol aims to enhance existing wrapped Bitcoin assets by leveraging staked ETH (stETH) from Lido and simultaneously…

Crypto Twitter’s new favorite game, Fantasy Top, just paid out $1.25 million worth of Ethereum to top influencers that it turned into NFT trading cards for the fantasy football-esque experience. After launching on Ethereum scaling network Blast a week ago, the game—which allows players to create card lineups of their favorite Twitter (aka X) influencers, and earn rewards based on those influencers’ respective social engagement—took crypto by storm. The in-game “heroes” turned into cards include meme coin trader Ansem, DeGods creator Frank, and even Su Zhu—the co-founder of collapsed crypto hedge fund Three Arrows Capital. (Disclosure: Rug Radio co-founder Farokh…

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXCListings:Pixel Prowler (PPROWLER)Ninja (NINJA)Zynecoin (ZYN)Crypto GPT (CRGPT)Ergo (ERG)Tuna Chain (TUNA)RoboHero (ROBO)Golazo (GOL)Trinity Of The Fabled (ABYS)Quantum XAI (QXA)Solgoat (SOLGOAT)Kamino Finance (KMNO)Ths Binary Hoddings (BNRY)LunarStorm (LUST)ZIGAP (ZIGAP)Gather (GAT)TUX Project (TUXC)Scrap Guilds (SUIAI)GPTVerse (GPTV)Bet45 (B45)AllStreetBets (BETS)STYLE Protocol (STYLE)Myst AI (MYSTAI)Orditt (Token (ORDITT)Luxury Travel Token (LTT)Love Power Coin (LOVE)Axiome (AXM)POG coin (POGS)Undeads Games (UDS)Replay (RPLAY)Pepe Bomb (PEPEBOMB)Base Inu (BASEINU)CATS (CATS)BTC20X (BRCX)FOMO…

ZURICH, May 6 (Reuters) – The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way of making payments more secure and efficient, Chairman Thomas Jordan said on Monday. Jordan said central banks needed to decide how best to engage in the developments which advocates say will speed up and make payments cheaper. Tokenisation means the digital representation of claims on financial assets on a programmable platform which typically relies on distributed ledger technology. “Central banks….can take a wait-and-see stance and only act if tokenisation is adopted at scale,” Jordan told an…

Polyhedra Network, a major Web3 ZK infrastructure provider, has partnered with cryptocurrency payment giant Alchemy Pay. This partnership is a big step toward using Zero-knowledge (ZK) proof technology to change how crypto projects collaborate and grow. Earlier, Alchemy Pay announced support for Astar Network too. Alchemy Pay has entered into a partnership with @PolyhedraZK for upcoming integration of our seamless ramp solution, enhancing its accessibility and user experience for a global audience. #AlchemyPay will soon introduce support for its native token $ZK, with future plans to… pic.twitter.com/pQnX4TfcCR — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 26, 2024 Alchemy Pay to…

Binance, the world’s largest digital asset ecosystem, has expanded its service offerings by integrating the dYdX (DYDX) mainnet into its platform, marking a significant enhancement in its trading infrastructure. .@binance now supports dYdX Chain DYDX💡https://t.co/tCC24zwVKt pic.twitter.com/mWtrAJ84Zl — dYdX (@dYdX) May 7, 2024 New features unlock decentralized applications With the new integration, Binance users can now directly deposit and withdraw dYdX tokens, enhancing user experience and providing seamless access to a range of decentralized applications (DApps). This development is particularly notable for its facilitation of interactions with various DApps, potentially broadening user engagement within the decentralized finance (DeFi) space. Strengthening the…

On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year. The indicator of interest here is the “Supply Distribution,” which keeps track of the percentage of the total circulating Bitcoin supply that the various wallet groups are holding right now. The addresses are divided into these cohorts based on the number…

Grayscale Bitcoin Trust (GBTC) reported a 5% increase in premarket trading on Monday as it welcomed its first inflows since January, as reported by Reuters. GBTC was converted into a spot Bitcoin exchange-traded fund (ETF) earlier this year and experienced nearly $17.5 billion of outflows since then. The recent inflows, amounting to $63 million on Friday, were noted by Farside Investors, a notable shift in the fund’s financial trajectory. According to a dashboard by on-chain data platform Arkham Intelligence, GBTC now holds $18.8 billion under management, equivalent to 295,409 BTC. Reuters added that Grayscale has announced plans to seek SEC…

Toncoin (TON) has neared its all-time high, surging in a moment to $5.6 before retracting back to $5.24. On Mar. 26, Toncoin’s native token (TON) jumped to $5.6, nearing an all-time high last seen in November 2021 when the Telegram linked token was trading at $5.8. With this latest price increase, TON’s market capitalization crossed the $18 billion threshold, positioning it as the eleventh token by market value. TON price by market value | Source: CoinMarketCap You might also like: TON receives $8m investment, announces Telegram web3 SuperApp launch The surge in TON’s price follows a set of positive developments…

MoonPay, a web3 fintech firm, and BitPay, a crypto payments platform, have teamed up to simplify crypto transactions, aiming to make the process smoother. MoonPay announced via social media that the partnership would enable easier and faster crypto sales, streamlining how users transfer cryptocurrency to their bank account or debit card. The integration aims to simplify the digital finance landscape and provide accessible payment solutions, potentially helping crypto users navigate and transact more efficiently. MoonPay 🤝 BitPayWe’ve partnered with @BitPay to make it faster and easier to sell your crypto, and send it to your bank account or debit card.…