Author: NBTC

During TOKEN2049, Airmoney will introduce the AirMoney Degn Device, a web3 hardware solution made specifically for DePIN. Beyond what a traditional hardware wallet can do, the device lets users engage with web3 protocols via a secure DePIN (Decentralized Physical Infrastructure Network) architecture. With AirMoney, users can do more than just storage unlike in a typical wallet—they can operate nodes, earn tokens via Proof of Activity, trading, staking, and gaming on a completely decentralized, standalone device. Every device has a Node that users may turn on after it’s set up in order to connect to the network, begin operating, and begin…

During the recent Bitcoin price dip, wallets holding between 1,000 and 10,000 BTC displayed notable confidence. According to data from IntoTheBlock, a platform known for its advanced DeFi tools and market intelligence, these larger holders increased their Bitcoin holdings as prices fell. This suggests that they viewed the lower prices as a buying opportunity. It demonstrates a long-term positive outlook on Bitcoin. Wallets holding between 1,000 and 10,000 BTC demonstrated confidence during the recent dip, consistently increasing their holdings as prices fell.On the other hand, wallets with less than 1 BTC showed weak hands, with the most substantial decrease in…

Coinbase is rolling out cbBTC — Coinbase Wrapped BTC — an ERC20 token backed 1:1 by Bitcoin, which Coinbase holds. According to a press release shared with crypto.news, the cbBTC token is now available on Base and Ethereum (ETH). Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on Ethereum or other blockchains, giving BTC holders access to DeFi applications. Coinbase’s cbBTC is the latest addition to the wrapped asset category, following the likes of WBTC (WBTC). In August, Coinbase posted a cryptic tweet about a new wrapped Bitcoin product. The news was announced on Coinbase’s official X…

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: The last big inflation print ahead of the Fed’s interest rate decision is in. After no crypto chatter during last night’s debate, one exec says “we shouldn’t pin all our hopes on politics.” The newest US-licensed SPBD said it will list its own stock as a digital asset security first. CPI shows…

On Tuesday, August 20, Tether Treasury minted $1.0 billion in USDT on the TRON network. It marks a notable event in the stablecoin market, according to CryptoQuant. This action is part of a larger trend, as it represents the 18th time in the past year that Tether has minted exactly $1.0 billion USDT on TRON. New $1.0B USDT created on the TRON Network”On Tuesday, August 20th, Tether Treasury minted $1.0 billion USDT on the TRON network, highlighting a growing demand for stablecoins in the crypto space.This action is not an isolated incident. It’s already the 18th time in the past……

A new partnership has been forged in the Web3 ecosystem, as Orbler1 partners with a prominent blockchain entity to strengthen community engagement and growth. This collaboration, focused on the mantra “From Community To Community,” aims to bridge Web2 audiences and introduce innovative growth strategies through missions, staking, and community-driven initiatives. Join us to welcome our new partner @Orbler1With mantra ‘From Community To Community,’ Orbler is a dynamic Web3 marketing platform bridging Web2 audiences, offering missions, staking, and community-driven growth strategies.Detail:https://t.co/LVWg3Hv3PdStay tuned for… pic.twitter.com/Y1SSCULr97 — TrustyFi (@trusty_fi) September 12, 2024 Orbler is a dynamic Web3 marketing platform designed to create seamless…

Bitcoin (BTC) is back at the $55,000 price level after a sharp 8.5% recovery over the past 24 hours. Spot BTC exchange-traded funds (ETF) investors’ activity has shown resilience so far, with ETFs such as BlackRock’s IBIT registering zero outflows on Aug. 5. Major altcoins registered even larger movements, such as Solana’s (SOL) 21.4% growth in the period. This recovery could be a natural movement from the market since BTC faced the deepest correction of the current cycle after falling 29% in two weeks, as highlighted by the trader identified as Rekt Capital. Notably, the $49,000 price region was respected…

YnBNB becomes the first liquid-restaking token on the BNB Chain. Restakers will accrue additional yield and “Seeds” rewards points, which qualify holders to receive token airdrops. YieldNest will work with existing restaking protocols Kernel, Karak and Binominal. Restaking protocol YieldNest announced the introduction of ynBNB, the first liquid-restaking token on the BNB Chain, giving users the opportunity to earn returns on top of those from staking the native BNB token. YieldNest said it aggregates all sources of potential yield and offers access to restaking platforms including Kernel Protocol, Karak and Binominal. Restakers will then accrue yield and reward points from…

The Fed is expected to begin gradually reducing interest rates after the latest inflation report showed a cooling trend in inflation and the inflation rate fell to its lowest level in the last three years. Nick Timiraos, often referred to as the “Fed spokesman,” wrote in an op-ed Wednesday that the August Consumer Price Index (CPI) report could prompt the Fed to begin cutting interest rates at its meeting next week. The CPI rose 2.5% annually in August, down from 2.9% in July, marking the fifth straight month of slowing inflation, according to the U.S. Labor Department. The core CPI,…

Ripple CEO shilled the star-studded Ripple Swell 2024 event on Thursday, stating it will be the best yet. Brad Garlinghouse, the CEO of Ripple, has expressed his excitement over a star-stacked speaker list for the upcoming annual Ripple Swell 2024 event. In a post on Thursday, Garlinghouse stated that this year’s edition would be the best version yet. The Ripple boss quoted a tweet from the firm revealing the speakers for the upcoming Ripple Swell event. The list comprised heavyweights in the crypto, fintech, and payment sectors. This year’s Ripple event will happen between October 15 and 16. The payment…