Author: NBTC
Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens. Blockchain analytical firm Nansen reported how Arrington XRP Capital, one of EtherFi’s investors, allegedly may have gamed EtherFi’s airdrop process for personal profit. Arrington ‘sybils’ EtherFi Nansen’s findings reveal that Arrington XRP Capital staked 5,000 ETH across ten separate wallets, each containing 500 ETH. This move allowed the firm to claim the ETHFI airdrop from ten separate wallets, amassing 200,498 ETHFI tokens. Subsequently, all the airdropped tokens were transferred to the Binance crypto exchange, suggesting…
KuCoin, one of the most prominent crypto trading platforms globally, has endorsed the token of the Partisia Blockchain (MPC), an emerging privacy-focused crypto project. This was disclosed in a recent post on KuCoin’s official website and via its X handle, noting that MPC has been added to its list of tradable crypto assets. 💥World Premiere💥📢 New Listing@partisiampc $MPC Gets Listed on #KuCoin! 💎Pair: MPC/USDT💎Deposit: now open (network: mainnet)💎Trading: 10:00 on March 19, 2024 (UTC) — KuCoin (@kucoincom) March 18, 2024 In the announcement, KuCoin expressed pride in listing Partisia’s token on its spot trading platform and acknowledged it as a…
In a significant development for the blockchain community, QuickNode, a leading blockchain development platform, has announced its launch on Starknet. The strategic move is set to empower developers by providing them with advanced tools and resources to build and deploy decentralized applications (dApps) with greater efficiency and effectiveness. Through the integration with Starknet, QuickNode aims to streamline the development process, making it more accessible for developers to leverage the potential of blockchain technology. Enhancing Developer Experience with QuickNode QuickNode’s platform is renowned for its robust developer tools and Web3 API, designed to simplify the complexities associated with blockchain application development.…
The mysterious lead of Shiba Inu known to the SHIB community under the alias Shytoshi Kusama has been unusually active on Twitter/X today. He has posted numerous bullish and optimistic tweets about Shiba Inu, saying that the team needs a new strategy and promising a big announcement coming next week. Full of enthusiasm, Kusama even tweeted that he and the SHIB army do not care if the world’s flagship cryptocurrency, Bitcoin, is going to soar to $70,000. Bitcoin to $70,000? We actually don’t care: Shytoshi Kusama As Bitcoin has broken above the $65,000 level, social media personality with 2.2 million…
Cryptocurrency fans are always on the lookout for signs that their favorite coins will go up in value. A top trader from Binance, Tree of Alpha, has a hunch about Ethereum. He believes Ethereum will start to rally when we receive good news about ETFs (Exchange Traded Funds) for crypto. ETFs are baskets of investments that people can buy and sell on regular money markets. When they include cryptocurrency, it can mean more people investing in coins like Ethereum, which could push the price upwards. Tree of Alpha says to wait for clear signs that talks are going well between…
To enhance cross-border remittance services, Mastercard Inc. has solidified its partnership with Alipay, the global mobile payment super-app under the umbrella of Ant Group Co. This collaboration marks an expansion of Mastercard’s existing relationship with Alipay, enabling consumers to swiftly send and receive money within their digital wallets, nearly in real-time. The announcement, made via a statement, underscores the significance of the agreement in facilitating seamless transactions for users. With Alipay boasting a user base exceeding a billion consumers in China alone, the partnership promises to streamline international remittances for a vast demographic. Facilitated by financial institutions leveraging Mastercard’s international…
A new study by Research and Markets has predicted a spike in the adoption rates ofblockchain technology in the healthcare industry, propelled by increasing use cases for the emerging technology. The report, attempting to forecast the 10-year growth trajectory for blockchain in health, predicts that the technology will have a market share of $1,029.18 billion by 2034. Presently, blockchain’s market share in healthcare is pegged at $3.33 billion, with the report predicting a compound annual growth rate (CAGR) of 68.41% in under 10 years. According to the report, key drivers for the growth include the skyrocketing demand forimproved healthcare data…
The latest surge in interest for US bitcoin ETFs is putting additional pressure on firms that currently don’t offer their clients access to them, industry watchers say. The 10-fund segment notched record net inflows of $673 million on Feb. 28. Combined trade volumes reached $7.6 billion that day, shattering the previous record of about $4.5 billion set during the ETFs’ first day on the market. Last week’s weekly inflow total for the funds was roughly $1.7 billion — second only to the amount of more than $2.2 billion seen from Feb. 12 to Feb. 16. The trading volumes of the…
Heralded by Ethereum developers as the technical milestone they’d been “dreaming of,” last week’s Dencun upgrade was supposed to forever alter the Ethereum ecosystem—by making transactions on its layer-2 networks exponentially cheaper and thus more accessible. One week later, how do things stand? On the whole, Dencun has delivered exactly as promised. Across layer-2 networks that have already integrated the software update, gas fees have plummeted to unprecedented lows, in most cases by over 90%. At writing, median transaction fees on layer-2 networks Arbitrum, Starknet, Optimism, and Optimism-based chains Base and Zora have all fallen to one cent or below,…
Galaxy Digital will soon introduce crypto exchange-traded products (ETPs). The company teamed up with DWS a year ago to develop products for European investors. LONDON – Galaxy Digital (GLXY), the digital asset financial services firm headed by Michael Novogratz, will introduce crypto exchange-traded products (ETPs) in Europe “in a matter of weeks,” the CEO of its European operations said. Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts. “We partnered with DWS and will, in a matter of weeks, be launching new ETPs in…