Author: NBTC

Hamster Kombat (HMSTR), a play-to-earn mobile game hosted on the Telegram platform, gained more support from the world’s biggest crypto exchange, Binance, ahead of the much-anticipated airdrop. The exchange launched the Mega Campaign which is said to be the one-stop shop for Hamster. The epic Telegram-based clicker game just took its snapshot for Season 1 and locked in token distribution for the upcoming token generation event (TGE) on September 26. With over 300 million active users, the game’s anti-cheating strategy ruffled some fur as many players got slashed for being labelled as cheaters. Hamster Kombat’s secret airdrop announced In the…

In a recent discussion on X, the debate over the classification of crypto assets as securities or commodities took center stage. An X user suggested that Bitcoin might be considered a security, prompting a response from Ripple’s chief technology officer (CTO), who offered an insight into what constitutes a commodity. Schwartz, known for his active engagement in crypto-related discussions, responded by highlighting a key aspect of what differentiates commodities from securities. Everyone who owns a commodity has a common interest in seeing its value increase, but that is not a common *enterprise*, which is what you need to have an…

Binance’s potential listing of Hamster Kombat ($HMSTR) on its platform has sent the crypto market into a frenzy, igniting enthusiasm among traders and investors. This listing, coupled with the game’s massive user base, highlights both Binance’s expanding influence and the growing potential of the $HMSTR token. Hamster Kombat, a popular tap-to-earn game, boasts a community of over 300 million people and attracts more than 50 million daily players. With a vast user base, the game has captured significant attention. Binance’s decision to list $HMSTR signals a strategic move to broaden its range of available tokens. This addition underscores Binance’s commitment…

As it became known thanks to a report from Whale Alert, tens of millions of XRP left the major crypto exchange of Korea Upbit to an unknown destination. In particular, 30 million XRP worth about $17.4 million left “rDxJNb,” which belongs to Upbit, to the wallet “r4186.” There is no specific information about this wallet, as according to Bithomp explorer of XRP Ledger, it does not belong to any known holder. It was activated in June this year with 11 XRP. After receiving 30 million tokens, the recipient started distributing this colossal amount to other unknown wallets, and as a…

In an exclusive development concerning the blockchain, fitness, and sports industries, Ave.ai is starting a new partnership with Thravos.io. As per Ave.ai, the collaboration targets to benefit from advanced technologies such as real-world assets (RWA), decentralized physical infrastructure networks (DePins), and blockchain technology to develop an interactive and unique experience for fitness enthusiasts, fans, and athletes. Welcome aboard @thravos_io as our new partnerThravos is democratizing access to athletes and sports brands. Incorporating RWA, AI, blockchain and DePIN, Thravos’ game mechanics ensure that fans/fitness enthusiasts are engaged in thrilling physical fitness group and 1-on-1… pic.twitter.com/60dunM8NxQ — Ave.ai (@aveaiofficial) September 21, 2024…

Renowned economist and cryptocurrency critic Peter Schiff has taken aim at Michael Saylor’s recent excitement over the increasing adoption of Bitcoin as a strategic treasury asset by corporations. Michael Saylor, a well-known Bitcoin advocate and chairman of MicroStrategy, recently shared his excitement on X about the growing adoption of Bitcoin as a strategic treasury asset. Quoting a remark made by Bitcoin investor Bill Miller in a recent CNBC interview, Saylor tweeted, “We now have additional companies coming out and saying we’re going to put Bitcoin on our balance sheet as a strategic treasury asset.” Bitcoin is neither strategic nor appropriate…

LlamaRisk, Aave’s risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo’s Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform. However, the Aave community, including Marc Zeller, founder of the Aave Chan Initiative (ACI), is opposed to this move. Aave Community Debates WBTC Proposal The proposal highlights concerns stemming from BitGo’s custodial transition for WBTC. In August, BitGo announced its plan to transfer control of WBTC to a joint venture with BIT Global, a partnership that includes Justin Sun, founder of the Tron blockchain. Sun’s involvement has raised transparency concerns. “Although we continue to be in…

Lookonchain reports that whales are scooping Aethir (ATH) tokens, suggesting it is the new gold rush amid soaring demand for GPUs. Decentralized Physical Infrastructure Networks (DePin) continue to be a growing narrative, transforming the tech sector. They enable decentralized projects in real-world infrastructure. Whales Flock to DePin Token ATH On Thursday, Arthur Hayes reportedly purchased 11.4 million ATH tokens worth approximately $800,000 from OKX, according to Lookonchain. The BitMEX founder also received 29.611 million ATH tokens from multiple exchanges, including KuCoin, Bybit, and HTX, as highlighted by Arkham. Meanwhile, WuBlockchain indicates that Hayes holds 41.011 million ATH, worth about $2.84…

Community tokenization in gaming transforms players into stakeholders, enhancing engagement. Catizen is one of the standout examples of community tokenization in the gaming space. Catizen has achieved a 6-8% token holder conversion through strategic airdrop campaigns. The gaming industry is undergoing a profound transformation, driven by the rise of blockchain technology and the concept of community tokenization. This shift is turning players from mere participants into stakeholders, giving them ownership and governance rights in gaming ecosystems. The concept of community tokenization, particularly in gaming, is gaining popularity because of the multiple benefits it offers. Projects that adopt this model create…

In a thrilling development concerning the Solana platform, Sanctum has collaborated with Jupiter Exchange and BasedApp. The partnership focuses on launching the Cloud Card (an innovative SOL-based debit card) to revolutionize $SOL payments. The platform revealed this development on its official social media account on X. We’re excited to be part of this initiative, as Cloud Card is LST based, the stake from this card will go towards Jupiter Validator. The growth of Cloud Card thus directly benefits Jupiter’s users via Jupiter stake -> higher JupSOL APYs + more transactions landing! https://t.co/krtALW1Lu6 — Jupiter 🪐 (@JupiterExchange) September 22, 2024 Sanctum…