Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Ethereum Gains $4.81B in TVL, Outpacing Base ($302M) and Hyperliquid ($290M)

DeFiDec 4

Ethereum remains the leading platform in decentralized finance (DeFi), as the TVL across its platforms has soared by $4.81B in the past week. This increase represents a much higher upsurge than other blockchain platforms, such as Base and Hyperliquid, which experienced a worthy but comparatively low increase of 302.02M and 290.21M, respectively. In the past 7 days, #Etherum's TVL increased by $4.81B, #Base's TVL increased by $302.02M, and #Hyperliquid's TVL increased by $290.21M. Funds have flowed into #Ethereum, #Base, and #Hyperliquid. pic.twitter.com/YDZOGU0Esc — Lookonchain (@lookonchain) December 2, 2024 Ethereum Solidifies Its Position The $4.81 billion growth of TVL proves that…

Anthony Pompliano Analyzes MicroStrategy’s Bitcoin Strategy and Warns of Overlooked Investor Risks

RegulationDec 4

MicroStrategy’s Bitcoin strategy relies on selling equity at a premium but faces risks from market volatility and regulations. Pompliano warns that overconfidence in MicroStrategy’s Bitcoin acquisitions could lead to significant investor oversights. Trump’s pro-Bitcoin stance may influence U.S. policies, possibly boosting cryptocurrency adoption and creating a Bitcoin reserve. MicroStrategy’s approach to acquiring Bitcoin through convertible debt continues to draw attention. Anthony Pompliano recently discussed the math and risks of this strategy in detail. The company raises capital by selling future equity at a 55% premium to its current stock value. These funds are then used to purchase Bitcoin, making the…

Shiba Inu Confirms Imminent Launch of ShibaSwap 2.0

AltcoinsDec 4

The team behind the Shiba Inu decentralized exchange (DEX), ShibaSwap, confirms that ShibaSwap 2.0 will be released sooner than expected. ShibaSwap’s team confirmed the development today in an X post. In the post, the team shared a clip teasing the imminent launch of ShibaSwap 2.0 with the caption, “sooner than you expect.” Here, sooner than you expect…📍 2️⃣.0️⃣ pic.twitter.com/Gm891AIR9B — ShibaSwapDEX (@ShibaSwapDEX) October 23, 2024 This indicates that the development of ShibaSwap 2.0 is nearing completion and will soon be released for public use. ShibaSwap 2.0 Imminent Launch Excites Community As expected, the announcement triggered excitement within the Shiba Inu…

Sandwich attacks manipulated 35.5% of BNB Smart Chain blocks in November

BlockchainDec 3

Data shows that the number of blocks suffering Sandwich attacks in the BNB Smart Chain reached a new record last month. According to data provided by Dune, 35.5% of the blocks in BSC were manipulated by Sandwich attacks, abusing the blockchain’s transparency, immutability and decentralization. This set a new record high for the BSC network. Source: Dune In Sandwich attacks, the malicious actor would put one order before and another right after a large transaction — sandwiching the on-chain transaction — to potentially purchase an asset at a lower price and sell before the victim makes a move. The main…

US spot Bitcoin ETFs hit $1 billion in three days, BlackRock and Fidelity lead

BitcoinDec 3

US spot Bitcoin ETFs have seen a major surge in net purchases, totaling over $1 billion in the last three trading days, according to Farside Investors. Fidelity and BlackRock have been the standout performers, attracting approximately $760 million combined during the stretch. Flows returned in the green last Friday as the Bitcoin ETFs collectively drew in $253 million, ending their brief outflow streak that lasted three consecutive days. On Monday, these funds logged almost $556 million in net inflows, the highest level since early June. Yesterday alone, ETF net buying topped $371 million with no redemptions reported. BlackRock’s IBIT captured…

Aave Surpasses $31.4 Billion in Deposits

DeFiDec 3

Aave, a leading decentralized finance protocol, has achieved a remarkable milestone, with its net deposits reaching an unprecedented $31.4 billion. This surge not only places Aave ahead of numerous commercial banks in the U.S. but also showcases a 50% increase in deposits within just one month, climbing from $20.9 billion at the beginning of November. Contents hide 1 How Did Aave Achieve Such Significant Growth? 2 What Are the Implications of New Governance Proposals? How Did Aave Achieve Such Significant Growth? In the past 30 days, Aave has accumulated an impressive $10.4 billion in net deposits, highlighting a strong demand…

Telcoin, Inc.’s Digital Asset Depository Charter hearing set for Dec 5th, 2024

RegulationDec 3

Telcoin aims to become the first regulated crypto bank and issuer of stablecoins. Telcoin’s Digital Asset Depository Charter hearing is set for December 5, 2024. Approval of Telcoin Bank’s charter is expected in early 2025 following the hearing. Telcoin, Inc. is set to hold a pivotal hearing for its application to become the first regulated digital asset bank in the United States. The hearing, scheduled for December 5, 2024, will be a critical step in the company’s effort to secure a Digital Asset Depository Charter under the Nebraska Financial Innovation Act (LB 1074, 2024). The public hearing will take place…

Even $3.7M BOME profit couldn’t save this trader from SHAR rug pull

AltcoinsDec 3

The global digital assets industry witnessed another instance of rug pull as an insider sold around 50% of the total supply, bringing the project down. ZachXBT even claims that he leaked the new cabal memecoin deck before they rugged investors. Shar, the newly launched memecoin, allegedly invited investors to join its project for higher returns and even claimed that it has burned 10% of its supply for the community. Later, someone sold around $3.3 million worth SHAR in a single transaction. Insider dumps 500M SHAR tokens As per the data shared by Lookonchaim, an insider sold 500 million SHAR tokens…

Fuse Network announces an integration with Stargate

BlockchainDec 3

Fuse Network, a blockchain platform focused on payment solutions, has announced its integration with Stargate, the leading cross-chain asset bridge, based on the most current reports shared with Finbold on Tuesday, December 3 . The collaboration is expected to enhance interoperability and liquidity across the Fuse ecosystem. By tapping into Stargate’s unified liquidity model, Fuse eliminates the need for traditional liquidity pools and offers more scalable and streamlined cross-chain transactions. Fuse 🤝 @StargateFinance We're thrilled to integrate with Stargate to enable unmatched composability, cross-chain liquidity and asset transfers from 20+ chains straight to Fuse ecosystem. pic.twitter.com/xKvHr8Makd — Fuse Network (@Fuse_network)…

‘Lights Go Mega Green’ – Trader Unveils Massive Price Target for Bitcoin Following Abrupt BTC Rally

BitcoinDec 3

A closely followed crypto analyst believes the lights are green for Bitcoin (BTC) to finally break out of its lengthy consolidation period. Pseudonymous analyst Jack Sparrow tells his 254,100 followers on the social media platform X that Bitcoin is clear for take-off after moving above $62,800. The trader shares a chart suggesting that Bitcoin will initially to $70,000 before a brief dip and a rally toward his first target above $100,000. “Pray with me… If we don’t fizzle the next few weeks and finally get the breakout, the target for the next larger pause to start sits around $106,000.” Source:…