Author: NBTC
This week was a series of activities and achievements crucial for Axie Infinity and Ronin, the oracles. This shows how they are developing and adding more features and gears to the system. At the start of the week, Origins Season 8 (S8) Preseason was introduced, which is an approach to the primary season of the league for its fans who want to start a better season. This 10-day preseason not only allows players to shake off the rust but also offers the Axie team the time they need to perfect and test any featured changes, so when S8 starts, everyone…
Binance has announced its plan to delist multiple TrueUSD spot trading pairs as well as a couple of BNB pairs, its native currency. The notice, published on Wednesday, March 13, revealed that Binance will remove multiple TrueUSD and BNB pairs from its platform. Some trading pairs to be delisted include PENDLE/TUSD, COMP/TUSD, and EDU/TUSD. The BNB duo of ARPA/BNB and EDU/BNB spot trading pairs will also be removed. This decision will take effect by Friday, March 15th, 2024, at 3:00 am UTC. Other TUSD trading pairs will still be available on Binance In the announcement, Binance cited concerns like poor…
Cocoa, the raw ingredient used to make chocolate, has been on an incredible price run, doubling in value since the start of 2024 and up over 250% since late last year. So far, the commodity is garnering better returns than bitcoin — and most stocks and bonds, for that matter. The bitter seed has seen a massive surge in price after crops were damaged in West Africa and it found its supply chain strained. Meanwhile, chocolate bar manufacturers have been earning fantastic profits while simultaneously selling fewer products, suggesting that companies are helping to keep inflation high, and passing along…
The Avalanche Foundation today announced the launch of Meme Coin Rush, a $1 million liquidity mining incentive program aimed at boosting the meme coin ecosystem on the Avalanche blockchain. The Foundation will hand out rewards for providing liquidity for meme coin trading pools on certain DeFi platforms. This initiative follows the Foundation’s recent acquisition of five Avalanche-based meme coins—the dog-themed Kimbo (KIMBO), chicken-themed Coq Inu (COQ), gecko-themed Gecko (GEC), technology joke token TECH, and NOCHILL—as part of its digital culture initiative. “In the same tradition as the Foundation’s successful past incentive programs, Meme Coin Rush is designed to help scale…
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues. Per Hanguk Kyungjae, Bithumb is looking to “accelerate” its proposed KOSPI listing. Bithumb IPO: Exchange Takes Decisive Steps The media outlet reported that Bithumb announced that the exchange will spin off its holdings operations into a separate company. It is tentatively naming this firm Bithumb Investment. The firm published a regulatory filing document on March 22 detailing its plans. The new firm will take control of Bithumb’s holdings, investments, and…
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries has expanded by more than $20 billion across a period of 145 days. DAO Treasuries Tap $40 Billion The value of cryptocurrencies has seen a significant uptick, leading to a substantial increase in the worth of DAO treasuries over the last four months. Back in November 2023, DAO ecosystems managed assets totaling $18 billion in…
Ripple partner Onafriq has forged a partnership with Kenyan-based M-PESA for remittances to Ethiopia, hinting at an XRP integration. Onafriq currently operates in 40 African countries, supporting remittances, which have been increasing and playing a major role in empowering the continent. In an effort to make payments easier, Safaricom’s M-PESA has announced a collaboration with Onafriq to facilitate remittances to Ethiopia. It is estimated that Ethiopia generates more than $5 billion in remittances annually. This partnership will give international customers an easy and fast, formal channel to send money to their loved ones in Ethiopia. Ripple partner Onafriq boasts 500…
In a recent announcement, Binance Futures announced its decision to delist and update the leverage and margin tiers for the USDⓈ-M ANTUSDT, DGBUSDT, and CTKUSDT perpetual contracts. This move is planned to come into force at 11:00 am on April 1, 2024. Binance Futures Announces Delisting of USDⓈ-M ANTUSDT, DGBUSDT and CTKUSDT Perpetual Contracts and Updated Leverage & Margin Tiers According to the statement made by Binance Futures, all positions in the perpetual contracts mentioned above will be closed and automatic settlement will be carried out at the specified time. After the settlement, these contracts will be deleted from the…
“This funding marks a pivotal step in Nubit’s mission to build the first Bitcoin-native data availability layer, driving forward the evolution of the Bitcoin ecosystem”, reads a release Nubit, which boasts the first ever data availability layer purpose built for the Bitcoin ecosystem, has just closed a $3 million funding round.The round features some of the very best institutional investors in the space, including but not limited to: MH Ventures OKX Ventures ArkStream Capital Symbolic VC Longhash Ventures Cogitent Ventures NGC Ventures “Nubit is not just a project; it’s the dawn of Bitcoin’s new era. Our aim is to revolutionize…
According to crypto data tracker Whale Alert, 45 million XRP tokens were observed being transferred to major cryptocurrency exchanges in two large transactions. This significant movement of tokens coincided with a notable surge in the price of XRP, which experienced a rapid 5% jump in value. According to data from Whale Alert, a blockchain tracking platform, there were two significant transfers of XRP to major exchanges Bitso and Bitstamp. 🚨 19,300,000 #XRP (11,869,522 USD) transferred from unknown wallet to #Bitsohttps://t.co/WwelTHdhRL — Whale Alert (@whale_alert) March 20, 2024 The first transaction involved the movement of 19.3 million XRP worth $11,869,522 from…