Author: NBTC

Sei Network, an L1 blockchain on Cosmos that focuses on infrastructure trading for DEXs, has announced a new partnership. As per the company, it has joined forces with Gitcoin (an Ethereum-based token enabling community governance), starting the initial round of its latest project Creator Fund on the 4th of June. The platform took to its official account on X to disclose the respective collaboration. Gitcoin 🤝 SEI We’re excited to announce the first round of the @Sei_FND Creator Fund on June 4th! 🎉 A $250k matching pool will be allocated through @grantsstack by the Sei community to support projects building…

The first Securities and Exchange Commission witness in Nigeria’s trial against Binance and its executives has been cross-examined. The money-laundering trial reconvenes on July 5. Tigran Gambaryan’s health is deteriorating in jail, his family said. Nigeria’s money laundering trial against Binance and two executives was adjourned until July 5 following the cross-examination on Monday of the first witness from the country’s Securities and Exchange Commission. The court was also made aware that, despite several court orders, the prison where Tigran Gambaryan is being held has not released the medical records from his only visit to hospital, which took place a…

In a significant development for BNB Chain users, Binance has announced that it will temporarily suspend withdrawals on the BNB Beacon Chain to facilitate wallet maintenance and network upgrades/hard forks. In preparation for the BNB Beacon Chain (BEP2) network upgrade and hard fork, Binance will perform wallet maintenance for BNB Beacon Chain (BEP2) on a stated date. Wallet maintenance for the BNB Beacon Chain (BEP2) is scheduled for July 9, 2024, at 7:00 a.m. (UTC). To support wallet maintenance, Binance will suspend deposits and withdrawals on the BNB Beacon Chain (BEP2), starting from 6:55 a.m. (UTC) on the same day.…

Dubai — Bybit, the world’s second-largest Web3 platform by trading volume, has announced the integration of three new chains – SUI, ZKLink, and Scroll – into its ecosystem. —This strategic expansion allows Bybit users to seamlessly switch between these chains within the Bybit Wallet extension, broadening access to a diverse range of DeFi applications and services.Key HighlightsSupported Seed Phrase Wallets: Bybit Wallet remains compatible with popular seed phrase wallets, ensuring a smooth and familiar transition for users adopting these new chains.Seamless Integration: The new chain integrations are now live on the Bybit Wallet Extension, enabling users to manage assets across…

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross still has a high value, a sign that may be bearish for BTC. Bitcoin NVT Golden Cross Is Still Near Historical Top Zone In a CryptoQuant Quicktake post, an analyst discussed the recent trend in the NVT Golden Cross for BTC and its implications for the price. The NVT ratio is an indicator that tells us about how the Bitcoin market cap compares against its transaction volume. The metric is generally used to judge whether the asset’s price is fair or not right now. In the graph, the…

Kraken announced that PoliFi tokens BODEN and TREMP are now available on its Kraken Pro platform, making it the first U.S. exchange to list the PoliFi themed tokens. BODEN appeared to be the winner, up 10% versus 5% for TREMP. Kraken announced today that it has listed the PoliFi tokens BODEN and TREMP on its Kraken Pro platform, making it the first major exchange available to U.S. residents that has listed PoliFi tokens. For the uninitiated, PoliFi tokens are meme coins with a political theme, seen as a way to express support for a preferred candidate. While the first major…

Binance recently announced the launch of a promotion that offers zero fees for the EUR/USDC trading pair, available for users in the European Economic Area (EEA). This initiative aims to facilitate cryptocurrency trading for European users, offering them the possibility to exchange euros for USD Coin without additional costs. With this promotion, Binance continues to strengthen its position as a leader in the cryptocurrency sector, providing advantageous solutions for its users. Let’s see all the details below. Trading opportunities EUR/USDC without commissions for Binance users Suitability, trading volumes, fees, and more Coinbase cites the Binance BNB case in the petition…

Composability Labs is developing Spark, an on-chain CLOB that enhances DeFi trading on Polygon Miden by minimizing state storage. Polygon Miden uses zero-knowledge proofs to reduce state bloat, ensuring efficient and scalable blockchain operations. Polygon Technology, in a recent blog, stated that Composability Labs is advancing in the decentralized finance (DeFi) sector with Spark, a high-speed on-chain central limit order book (CLOB) that utilizes Polygon (MATIC) Miden’s state-minimization features. By integrating state minimization and zero-knowledge (ZK) proofs, Polygon Miden allows developers to build scalable, efficient, and secure solutions that extend Ethereum’s feature set. pioneer @compolabs is building a superfast onchain…

Howdy! I’m ashamed to admit I have yet to listen to Anatoly Yakovenko’s debate with Justin Drake. However, I want to publicly thank them both for rescuing my X timeline from a days-long slog of Iggy Azalea memecoin takes. More on the layer-1 esprit de corps later, but first, let’s take a look at what’s happening on the blockchain: SolXEN may be filtering Solana spam Something interesting is happening with Solana’s transaction chart. For the past few months, a sizable majority of Solana’s transactions have been failing. This flipped last week when 15 million daily failed transactions disappeared from the…

The Capital Markets Board (CMB) published a statement following the new regulations regarding crypto assets. CMB prepared the pages under spk.gov.tr, where crypto asset service providers and those who decided to liquidate will be listed, and added the application forms to the bottom of its announcement. CMB stated that the “Law on Amendments to the Capital Markets Law” numbered 7518 entered into force after being published in the Official Gazette numbered 32590 dated 02.07.2024. With this regulation, crypto asset service providers operating or will operate in Turkey were placed under the regulatory and supervision authority of the CMB. Within the…