Author: NBTC

Sei Network partners with Particle Network for the EVM-Cosmos Co-Testnet. Universal Accounts and Universal Gas enable cross-chain transactions and gas payments. Particle Network has announced Sei Network as a co-Testnet partner for their EVM-Cosmos wave. Sei stands out as the first parallel EVM, allowing its ecosystem to combine the greatest characteristics of both Solana and Ethereum. As the Chain Abstraction Coalition aims to unite all networks, Sei’s participation as a partner represents the evolution of next-generation blockchains. We’re proud to introduce another co-Testnet partner for our EVM-Cosmos wave: @SeiNetwork! 🔴 Sei is the first parallelized EVM, allowing its ecosystem to…

Venezuelan users now face restricted access to Binance, the world’s largest crypto exchange based on trading volume, as the government extends its internet crackdown. This development raises concerns within the local crypto community. Venezuelan Crypto Users Navigate Binance Blockade with VPNs According to an official statement released by X, the company confirmed that it is experiencing difficulties in providing access to its web platform for Venezuelan users. “Like several websites of companies from different segments in Venezuela, including social networks, Binance pages have been facing access restrictions,” the statement read. Read more: Best Binance Alternatives in 2024 for Trading Crypto…

Centralized Finance, or “CeFi” serves as a crucial intermediary between traditional financial systems and the decentralized world of cryptocurrencies. Unlike decentralized finance (DeFi) platforms that operate autonomously through smart contracts, CeFi platforms function as centralized entities, similar to how traditional banks or financial institutions (TradFi) function. Understood in this sense, CeFi represents a bridge between traditional financial systems and the emerging world of cryptocurrencies. CeFi platforms function as intermediaries, facilitating crypto transactions while maintaining control over user funds. Key features of CeFi include centralized control and decision-making, adherence to regulatory frameworks, and custody of user funds. These platforms offer a…

In the ever-evolving landscape of the NFT market, key metrics indicate that the sector remains dynamic and full of surprises. Recent data reveals significant activity, with certain collections and marketplaces standing out in terms of performance and influence. The Froganas collection has emerged as the top performer over the past 24 hours, achieving a staggering volume of $898.16K. This impressive figure underscores the growing popularity and demand for Froganas NFTs. As collectors and investors flock to this collection, it has positioned itself as a leader in the market, capturing attention and driving substantial trading activity. #NFT MARKET OVERVIEW TOP COLLECTION…

Ethereum’s (ETH) market dynamics are indicating a notable recovery following a recent downturn driven by fear. After a sharp decline that pushed ETHUSDT below the $2,000 mark, the bulls have regained control, lifting the price back above $2,500. In this context, trading expert RLinda projected on August 11 that this recovery phase, despite recent volatility, shows a resilient bullish outlook for Ethereum. Further, it is supported by a promising technical setup visible on both weekly and monthly chart patterns. Ethereum daily chart pattern – Key resistance levels in focus According to the analyst, on the daily chart, Ethereum is confronting…

L2 modular blockchain Manta Network has announced a partnership with Solana meme coin project Bonk (BONK) to launch a meme-themed campaign on Manta Pacific. In a press release shared with crypto.news, Manta noted that by integrating BONK’s community-building expertise, it aims to make its onboarding process more accessible and engaging for its users. To celebrate the latest collaboration, Manta has also introduced a new rewards program on Manta Pacific, Manta Network’s modular L2 ecosystem designed for EVM-native zero-knowledge applications. The partnership aims to foster an interconnected meme community and enhance user engagement through the “Dual Citizenship” and “Active Participant Rewards”…

Value DEX, a prominent decentralized exchange, has recently announced its partnership with Three Protocol. The collaboration targets onboarding Three Protocol to Value DEX to offer cutting-edge solutions that would revolutionize the decentralized sector. The platform took to its official social media account to offer insights into this endeavor. 🟦 WELCOME ONBOARD !!!@ThreeProtocol utilities ZKP technologies to create completely private Decentralised Digital ID’s (ZKI3’s) with reputational submissions from blockchain protocols. Three Protocol uses state-of-the-art Neural Network AI technology to bring eCommerce and… pic.twitter.com/K06xlTMsf3 — Value DEX – Valu.so (@valu_so) August 10, 2024 Value DEX Announces Onboarding Three Protocol in Its Latest…

The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to go before the crash is over, prediction another 20% decline from here. Bitcoin Falls Below Major Pricing Band Crypto analyst Ali Martinez posted a new analysis on X (formerly Twitter) on the Bitcoin price that paints a rather bearish picture for the pioneer cryptocurrency. According…

In the latest data on decentralized finance (DeFi) protocols, Uniswap has emerged as the leader in terms of average fees collected over the past seven days. According to recent figures, Uniswap generated a staggering $2.3 million in fees, solidifying its position as the top-performing DeFi project in this metric. This significant lead underscores Uniswap’s dominance and the growing user adoption of its decentralized exchange platform. TOP 10 PROJECTS BY 7D AVG. FEES #Uniswap – $2.3M#Aave – $1.0M#KyberNetwork – $297.3K#MakerDAO – $262.0K#Sushi – $51.5K#Curve – $47.0K#GMX – $38.5K #Synthetix – $19.2K#Spookyswap – $18.8K #TraderJoe – $14.0K pic.twitter.com/jUTpFTWXRA — PHOENIX – Crypto…

Following a sharp 37% decline, Ethereum encountered significant buying activity near the $2.1K support region, leading to a bullish rebound. However, the current price action suggests that ETH may be completing a pullback to the wedge’s lower boundary at $2.8K, which could signal a continuation of the bearish trend. By Shayan The Daily Chart A closer look at Ethereum’s daily chart reveals a strong bullish response near the critical $2.1K support level, resulting in a rapid surge. This movement indicates robust demand around $2K, with investors showing interest at lower prices, reflecting their confidence in its long-term potential. However, ETH…