Author: NBTC

Solana Optimistic Network — known as SOON — has raised a ‘cobuilder’ funding round backed by prominent figures in the blockchain space. The round, which focuses on contributions from industry builders rather than venture capital firms, aims to support SOON’s development of its flagship products, SOON Stack and SOON Mainnet, according to a press release shared with crypto.news. These prominent figures include Lily Liu of Solana Foundation, Anatoly Yakovenko of Solana Labs, and Jonathan King from Coinbase Ventures. SOON Stack is designed to be a modular framework that integrates the Solana (SOL) Virtual Machine with various Layer 1 blockchains, including…

According to Arkham Intelligence, Coinbase holds a staggering Bitcoin stash: $52 billion worth of Bitcoin, making it the top holder of BTC, with over 4.3% of the total supply. “Coinbase holds $52 Billion of Bitcoin. They’re the top holder of BTC with over 4.3% of the supply,” Arkham Intelligence wrote in a tweet. Coinbase holds $52 Billion of Bitcoin.They’re the top holder of BTC with over 4.3% of the supply.How much of that is coming to DeFi? https://t.co/yWI6dCsctu pic.twitter.com/wP6JojXu8q — Arkham (@ArkhamIntel) August 14, 2024 In light of the recent announcement about “cbBTC,” Arkham Intelligence poses an interesting question concerning…

A liquidity movement by Ethereum (ETH) co-founder Vitalik Buterin triggered a price rally of AAVE, the native token of the DeFi he used to wrap his Ethers. Vitalik Buterin moves 1,900 ETH to Aave Finance, AAVE jumps by 13% Today, Aug. 31, 2024, Ethereum’s (ETH) creator Vitalik Buterin moved 1,900 Ethers or $4,798 million in equivalent to Ethereum’s version of Aave v3, one of the oldest and most credible DeFi protocols. Then, he obtained 1,900 Aave Wrapped Ethers, on-chain data says. Vitalik using Aave is quite cool, as it offers significant utility for liquidity management, leveraging permissionless and resilient infrastructure.Hopefully,…

United States Congress members have a longstanding reputation for primarily investing in stocks, with only a select few opting for cryptocurrencies. Notably, when they do choose cryptocurrencies, their preference usually centers around established assets such as Bitcoin (BTC) and Ethereum (ETH). However, in what is considered a ‘wild trading,’ U.S. Representative Mike Collins has been revealed to be actively trading altcoins. According to data provided by Quiver Quantative in an X post on August 26, Rep. Collins’s transactions indicate a highly active and possibly speculative trading strategy involving multiple transactions in a short period. “We just caught a congressman day…

In this article we see what the latest news is for 3 crypto projects SingularityNET (AGIX), Floki (FLOKI), and Shiba Inu (SHIB). Subsequently, let’s take a look at the evolution of the prices of the respective coin AGIX, FLOKI, and SHIB. In June, these crypto recorded a very negative performance with depreciations around 30%. Now, however, it seems that the storm is over and we can return to a bull market. Let’s see all the details below. Latest news from the crypto world: AGIX begins the migration process to ASI The news in the memecoin field for Floki and Shiba…

The Solana Optimistic Network (SOON) has raised an undisclosed amount in a co-builder funding round that drew contributions from key industry figures, according to an Aug. 27 statement shared with CryptoSlate. Notable participants in the round include Solana leaders Lily Liu and Anatoly’ Toly’ Yakovenko, Coinbase Ventures’ Principal Jonathan King, and Celestia Labs co-founder Mustafa Al-Bassam. Other contributors are Amrit Kumar, co-founder of AltLayer, Prabal Banerjee, co-founder of Avail, and Robinson Burkey, co-founder of Wormhole Foundation. SOON The funding will primarily advance the development of SOON Stack, aiming to create the most efficient and high-performance rollup for Layer 1 settlements,…

A widely followed crypto analyst is laying out a scenario where Bitcoin (BTC) could dip back down below $50,000. In a new strategy session, crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that the crypto king could crash to $48,000 if its current support level falls apart due to a negative Consumer Price Index (CPI). However, he also notes it’s possible for BTC to go the other way and hit fresh all-time highs if it breaks above resistance. “The question for Bitcoin is which side it will take. Primarily above $56,000, the…

Tokenized Treasury notes passed $2 billion in market cap after rapid growth from Blackrock’s BUIDL and other issuers. This comes only five months after the funds hit the $1 billion milestone in March. Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz. Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as tokens on blockchains such as Ethereum, Stellar, Solana, Mantle and others. While $2 billion is an impressive milestone for the recently launched…

Lucie, the outspoken marketing specialist for the Shiba Inu ecosystem, shares an exciting update that could lead to hefty SHIB burns. The marketing lead revealed that she is cooking something special with Shibacals, a project focused on leveraging blockchain to authenticate physical collectibles. Despite not providing insightful details about the collaboration, Lucie urged Shiba Inu community members to prepare for ‘some SHIB burn.’ Me & @shibacals are cooking up something special – get ready to see some $Shib burn! 🔥 #Shibarium #SHIBARMY 🐕 — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) July 1, 2024 Community Reacts Expectedly, the statement elicited positive enthusiasm among…

On its march to bring one billion people on-chain, Coinbase is going where few crypto brands have gone before: the grocery store. For the next six months across the United States, boxes of Liquid Death—the popular canned water brand—will feature prominent advertisements for Base, Coinbase’s Ethereum layer-2 scaling network. QR codes on the boxes will allow shoppers to mint original on-chain artwork from a variety of digital artists. In exchange for minting the NFTs and taking Base for a spin, users will also be eligible to win physical items from artists including Felipe Pantone and Jeff Hamilton. While some of…