Author: NBTC

Optimism has returned its network to a permissioned state after community audits found several bugs in its recently launched permissionless Fault Proof System, including two high-severity issues. Optimism began testing its Fault Proof System on the Ethereum Sepolia testnet in March to improve security and decentralization, while also addressing criticism of previous vulnerabilities. The decision comes just two months after the network rolled out permissionless Fault Proof on June 10, followed by a token unlock event. This improved the network and allowed for the withdrawal of Ether and ERC-20 tokens, a major milestone that allowed it to reach Stage 1…

Ripple’s long legal battle with the SEC has finally ended, marking a big win for the cryptocurrency world. The case, which centered on whether XRP is a security, concluded with Ripple paying a reduced fine of $25 million instead of the original $2 billion. Ripple can continue operating internationally but faces limits on XRP sales to U.S. institutions. The SEC even apologized for mischaracterizing XRP, raising doubts about its regulatory approach. Ripple’s victory is seen as a major boost for the crypto industry, and excitement is growing about XRP’s future potential. On the Good Morning Crypto Show, attorney John Deaton,…

CkBTC will soon bridge to the Cosmos ecosystem via decentralized exchange Osmosis. Concerns have emerged weeks over Tron founder Justin Sun’s perceived influence in WBTC, spurring competitors to offer alternatives. Chain-key bitcoin (ckBTC), a non-custodial Bitcoin token based on the Internet Computer blockchain (ICP), will soon bridge to the Cosmos ecosystem via decentralized exchange (DEX) Osmosis. It’s the “first time a proven, secure, non-custodial BTC is coming to the Cosmos ecosystem,” according to an emailed announcement on Wednesday. The development comes as more decentralized-finance (DeFi) developers are increasingly looking for ways to export bitcoin (BTC), which has the largest market…

According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically preceded major bull runs. Global liquidity is the total amount of money circulating in the global financial system. It encompasses the M2 money supply of major economies like the U.S., China, EU, Japan, etc. M2 includes cash, bank deposits, money market mutual funds, and other near-money assets. This figure recently hit $95 trillion, approaching the $100 trillion milestone. The previous all-time high…

SynFutures, a decentralized derivatives protocol, has launched perpetual contracts that allow users to trade the 2024 U.S. election. On Sept. 19, SynFutures posted on X that the two perpetual contracts on the upcoming U.S. election would allow users to bet on the winner’s rate. The USDC (USDC)-paired trading contracts focus on who will emerge victorious between Vice President Kamala Harris and former U.S. president Donald Trump. What are perpetual futures contracts? Perpetual futures contracts offer a crypto derivative instrument that traders use to speculate on the future price of an underlying digital asset. These contracts in the crypto space typically…

Trader makes $2 million in 15 days through six perfect Ethereum swing trades. Achieves a flawless 100% win rate, capitalizing on market fluctuations for huge gains. Crypto millionaire James Fickel loses $43 million on a high-stakes 18,000 ETH bet. A standout crypto story has been highlighted in the world of swing trading, showcasing a savvy trader’s impressive success with Ethereum (ETH). Lookonchain, a leading blockchain analytics platform tweeted that a smart trader executed six perfect swing trades with Ethereum (ETH) making an overall profit of $2 million in just 15 day, with an impressive 100% win rate. You won’t believe…

General Updates Poly Network temporarily suspended its cross-chain services in response to an exploit targeting the Poly Network cross-chain management contract on Aug. 12, affecting Flamingo Finance features. The Flamingo team is actively investigating the incident in collaboration with Neo Global Development and Poly Network to assess the full scope of the attack. The hacker currently has approximately US $2.9 million in ETH, wETH, and wBTC, and $200,000 in BNB. Eight addresses belonging to the attacker have been frozen by the Neo Council, four of which appear to be deposit addresses for centralized exchanges. NGD will co-host the Neo Vibe…

During the launch event for his World Liberty Financial crypto platform, former U.S. President Donald Trump said that he believes U.S. crypto builders under investigation by the Securities and Exchange Commission “will be living in hell” if he is not elected for a second term this November. “If we don’t win the election, those people that were under investigation and that are free as a bird right now,” Trump said, “and people that weren’t being looked at in the crypto world, they will be living in hell—because it will start the day after the election if they win.” At a…

The Flappy Bird Foundation released a statement after a wave of criticism arguing that they are the true successors of the original game. News that Flappy Bird was being rebooted as a GameFi title caused its creator to come out of social media retirement to criticize the effort and GameFi. The announcement that the 2013 mobile game Flappy Bird is making a comeback over a decade later as a GameFi title on Telegram was met with such a negative backlash from the gaming community so much so that it caused the game’s creator, Dong Nguyen, to break a seven-year vow…

Manta, the 44th project featured on Binance Launchpool, is set to list its native token MANTA on Binance starting January 18, 2024. The project introduces a Layer 2 network designed as a gateway for zero-knowledge (ZK) applications, utilizing a modular blockchain and zkEVM to redefine Layer 2 smart contract platforms. Contents hide 1 What Is Manta Network? 2 What Are the Applications of MANTA Coin? 3 Key Takeaways What Is Manta Network? Manta Network is a modular ecosystem tailored for Web3, enabling users to create and deploy Solidity-based decentralized applications. The platform offers enhanced transaction speeds compared to Layer 1…