Author: NBTC

Binance Labs, the venture capital and incubation arm of Binance, has invested in Blum. Gleb Kostarev, CEO and co-founder of Blum: “We are grateful to Binance Labs for their support, which will accelerate Blum’s trading infrastructure and development and help us to expand into new markets. This investment is a key milestone in our mission to enhance our platform within the Telegram ecosystem, offering users a seamless and intuitive experience across traditional and decentralized finance.” The project was launched on April 19th, 2024, and was initially featured in the prestigious Binance MVB Programme. Within 24 hours of this announcement, over…

Bybit has released its inaugural report on The Open Network (TON) ecosystem. This report provides an update on TON’s efforts to integrate nearly one billion Telegram users into Web3. The report outlines TON’s approach to ecosystem development, which includes a collaboration with Telegram. This partnership aims to boost adoption through a range of casual games offering crypto-based rewards. TON distinguishes itself with its connection to Telegram, a messaging app with nearly one billion global users. The integration of TON-based decentralized applications within Telegram has been successful, but there is potential for further growth. TON aims to onboard 30% of Telegram’s…

Web3 security platform GoPlus has partnered with Neo’s EVM-compatible sidechain, Neo X, to enhance node-level security. This makes Neo (NEO) X the first blockchain to integrate GoPlus’ Security Module, which delivers a basic layer of protection for users on the sidechain, according to a press release shared with crypto.news. The integration introduces an on-chain firewall through the GoPlus User Security Module (USM), which automatically screens transactions based on users’ customized security preferences. Essentially, this new system automatically checks transactions for risks and blocks dangerous ones, helping to keep users’ assets safe. By blocking risky transactions in real time, Neo X…

GameStop (NYSE: GME) found itself in hot water on September 11, with shares plummeting 15.09% to $19.95 at market open following a shaky Q2 earnings report. While the company managed to beat EPS expectations with a slim $0.01 per share (compared to estimates of a -$0.09 loss), it wasn’t enough to offset other troubling figures. Revenue plunged a staggering 31.9% year-over-year to $790 million, missing expectations by $106 million. Adding to the pain, adjusted EBITDA came in at a negative $18 million, a far cry from last year’s positive $1 million. GameStop is grappling with deeper structural issues, and its…

VeChain’s Charge2Earn initiative, in partnership with EVearn.org, allows Tesla drivers to earn $B3TR tokens and charging incentives by monitoring their vehicle’s energy consumption and distance traveled. VeChain is offering Tesla drivers the chance to win up to $15,000 in $B3TR tokens by sharing their experience with the Evearn.io app to encourage even more participation. As the world drives towards a more sustainable future, VeChain is at the forefront of this initiative but with an interesting twist. As per an earlier report, VeChain introduced an innovative initiative that combines ecological consciousness with cryptocurrency rewards. The new Charge2Earn initiative provides fresh insight…

Soneium, an Ethereum Layer-2 (L2) blockchain created to introduce Web3 technologies to Sony Group’s vast user base, has partnered with the Chainlink scale program. As part of this collaboration, Soneium will implement Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its primary cross-chain infrastructure. The development of Soneium L2 stems from a joint effort between Sony Group and Startale, resulting in the creation of Sony Block Solutions Labs. Soneium aims to provide practical applications across entertainment, gaming, and finance, leveraging the strengths of both companies. Soneium Joins Chainlink for Web3 Expansion The Chainlink Scale program aims to foster sustainable growth in blockchain…

Tether earned $6.2 billion in 2023, outpacing BlackRock. USDT increased its BTC finances, showing its belief in digital assets. The token’s efficient ventures in U.S. Treasury bills boosted its income in 2023. Tether, the world’s largest stabilised token issuer, reported $6.2B in revenue in 2023, topping BlackRock’s $5.5 billion earnings. This achievement shows its growing power in the financial world and the increasing influence of crypto. Tether’s Profits Driven by Smart Investments The coin’s gains came from its intelligent expenditures in U.S. Treasury costs. These low-risk investments have been very profitable as interest rates have risen. Tether focused on safe,…

Over $164.2 million worth of tokens are scheduled to unlock, according to Token Unlocks data. These unlocks span several major tokens, each with the potential to shake up the market. The total value and percentage of circulating supply released could significantly impact the market’s direction this week. 🔓 Weekly Cliff Unlocks : 26-1 August 24 🔓🔥 $ 164.2m 🔥🌟 Unlock Highlights 🌟$SUI (2.47%) – $54.6m$OP (2.64%) – $47.3m$ZETA (15.71%) – $30.3m$DYDX (3.67%) – $9.4m$YGG (3.71%) – $5.7m$PRIME (1.68%) – $4.9m$ENA (0.82%) – $4.78m..( % of cir. supply) pic.twitter.com/VKNqffjSbl — Token Unlocks (@Token_Unlocks) August 23, 2024 Sui ($SUI) has the highest…

TADA, a leading ride-hailing platform in Southeast Asia, has announced a strategic partnership with the TON (The Open Network) Foundation to integrate Web3 technology into its services. This collaboration introduces a new feature, TADA mini, which is a Telegram Mini App designed specifically for Web3 users. This new application enables customers to order a ride within Telegram without having to download or register for anything new. TADA Mini Integrates TON Network for Seamless Ride Payments Regarding payment, TADA mini allows users to pay for their rides employing TON network, including tokens such as $TON or $USDTTON. This integration will help…

A top crypto strategist thinks Bitcoin (BTC) and the crypto markets are due for another correction before seeing a sustained recovery. Pseudonymous analyst The Flow Horse tells his 223,400 followers on the social media platform X that markets often do not instantly reverse after an extreme correction. On Monday, Bitcoin dropped by as much as 15% to $49,000 before BTC bulls stepped in and pushed the price above $50,000. According to the analyst, it is more likely for markets to revisit lows before any recovery could take place. “After significant moves like this, we don’t often see a quick reversal…