Author: NBTC

First Digital USD (FDUSD), introduced by FD121 Limited, a subsidiary of Hong Kong-based First Digital Limited, is a stablecoin designed to offer a reliable and efficient digital representation of the US dollar. By being backed by fully controlled reserves, FDUSD provides transparency and security, making it a promising asset within the cryptocurrency market. The token initially operates on the Ethereum and BNB Smart Chain networks, with plans for expansion to other blockchains. Contents hide 1 What is FDUSD’s Purpose? 2 How to Purchase FDUSD with TRY? 3 Key Insights What is FDUSD’s Purpose? FDUSD aims to bridge the gap between…

OKX enters the crypto gaming Web3, announcing the launch of “OKX GameSphere”. The new platform provides developers with a full range of innovative solutions to engage players. OKX and Web3 crypto gaming: the launch of the platform for GameSphere developers OKX and the crypto gaming Web3 sector: GameSphere to enhance the gaming experience The entry into the metaverse sector OKX and Web3 crypto gaming: the launch of the platform for GameSphere developers OKX has launched the new Web3 crypto gaming platform OKX GameSphere, dedicated to game developers. In practice, it is an innovative platform that provides developers with a complete…

SynFutures, the onchain perp protocol for listing and trading any asset, is now live on Coinbase’s L2 network Base. Users can now trade and provide liquidity on SynFutures V3 via Base while earning SynFutures’ Oyster Odyssey (O_O) points. Additionally, SynFutures will release a series of new listings over the next several weeks as part of Meme Perp Summer. a six-week campaign blitz to expand community asset listings and reward meme communities on Layer 2. SynFutures’ multichain expansion to Base comes as SynFutures V3 on Blast surpasses $100 billion in cumulative trading volume in less than four months, cementing it as…

Bitcoin surpassed $64,000, increasing 4.3% in 24 hours, indicating a potential end to its correction. Analysts observe an inverse head-and-shoulders pattern, suggesting a bullish breakout towards $70,000. Full pattern fulfillment could push Bitcoin past $75,000, sparking potential broader market rally to $100,000. Bitcoin, the leading cryptocurrency, has recently surged past the $64,000 mark, marking a significant 4.3% increase in the last 24 hours and a 3% rise over the past week. This upward trend suggests the end of Bitcoin’s recent correction phase, reigniting investor optimism. Crypto analyst Crypto Jebb has identified a key pattern in Bitcoin’s price movement: an inverse…

Key Points: Taiko has conducted the TAIKO token airdrop, distributing 5% of its token supply to eligible users, including proposers, bridges, and community members. The project raised $15 million in March, bringing total funding to $37 million, and has cooperated with major blockchain projects. Taiko, a layer-2 blockchain solution leveraging zkEVM technology, has officially conducted Phase 1 of the TAIKO token airdrop following its $15 million funding round in March. This comes after two years of anticipation within the community. Phase 1 of TAIKO Token Airdrop Now Open to Claiming 2 Read More: Taiko Review: Potential zkEVM Solution With High…

Chibi Clash, a prominent web3 fantasy gaming universe, has launched its highly anticipated Kingdoms Alliance Event. It is scheduled to unfold from July 2nd to July 22nd. This event will allow players to compete for attractive rewards. This event signifies a collaborative effort among 21 partner projects within the Chibi Clash ecosystem. These partners include Al Arena, Pirate Nation, Apeiron, Pixelmon, Shrapnel, Xterio, The Beacon, and Yield Guild Games (YGG). Chibi Clash CEO Praises Kingdoms Alliance Event During the Kingdoms Alliance Event, the landscape of Chibi Clash Kingdoms undergoes a transformation into a dynamic battleground. They join clusters with one…

An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally. Bitcoin VWAP Oscillator Could Imply Potential For Further Upside In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP) Oscillator for BTC might suggest regarding what could be next for the cryptocurrency. The VWAP is an indicator that calculates the average price for any asset by taking into account the price fluctuations themselves and weighing the values against the trading volume. The above graph…

MANTRA, a prominent entity in the MENA jurisdiction, has made a huge leap in the tokenization of RWAs. As per the platform, it has reportedly signed a memorandum of understanding with Zand Bank which operates as a licensed entity under the Central Bank of the United Arab Emirates. The platform has reportedly made this move to streamline the procedure of the tokenization of real-world assets. MANTRA and Zand Bank Sign an MOU to Simplify the RWA Tokenization The respective partnership will potentially establish a resilient regulatory agenda while complying with the Virtual Asset Regulatory Authority of Dubai. The RWA-focuses L1…

Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broader plan to expand into other commodities, the Solana-based project aims to introduce efficiency and transparency to the investment process in this sector. Elmnts to Launch Solana-Based Commodity Tokenization Platform to Streamline Investment in Oil and Gas Assets According to the website, Elmnts, pronounced as “elements,” derives its inspiration from the periodic table, viewing its services as essential components of a diversified investment portfolio. Leveraging the Solana…

After making over $120 million trading Shiba Inu (SHIB), one cryptocurrency trader has made another strong bet – this time spending more than $18 million to buy over 700 Shiba Inu in a matter of hours, reflecting increased confidence of SHIB whales in the meme crypto asset’s future. Specifically, the investor had bought 5.5 trillion SHIB early on for $400,000 and then sold them at two price peaks, profiting $121 million, and now they used 4,849 Ethereum (ETH), worth about $18.44 million, to buy 715.9 billion SHIB, according to the data shared by Lookonchain in an X post on June…