Author: NBTC

The most recent episode of the Bankless podcast discussed the potential advantages of authoritarian regimes in the 21st century. The argument stems from the idea that the Chinese and Russian governments allocate significant resources to promote their narratives while the US government takes a more hands-off approach. In the episode, hosts Ryan Sean Adams and David Hoffman delve into whether authoritarianism could outcompete liberal democracies, featuring insights from economist Noah Smith and Ethereum co-founder Vitalik Buterin. Efficiency of Authoritarian regimes as a threat to liberalism Smith argues that liberal democracy was hailed as the optimal societal model at the end…

Bitcoin remains the most closely watched digital asset, with changes in its market indicators often leading to wide-ranging analyses and forecasts. Recently, developments in Bitcoin’s futures market have caught the attention of analysts and investors alike. Axel Adler Jr, an analyst at CryptoQuant, provided some insight into these fluctuations, noting the inconsistency in market movements over the past few days. Adler pointed out that there was a noticeable shift in the Funding Rate of Bitcoin, which turned negative, while Taker orders became bullish. This was a reversal from the previous day’s market behavior, highlighting the volatility and the changing sentiments…

Rapper Iggy Azalea’s MOTHER token hit another all-time high on Thursday, extending the gains for Solana’s latest hot meme coin and inviting criticism of the highly risky, sometimes infamous subsector of celebrity cryptocurrencies. Just over a week after launch, the MOTHER token has reached a market cap of $200 million, minting millionaires among some iron-handed gamblers who saw 90% price gains in the last 24 hours alone. Azalea has transformed her powerful X (formerly Twitter) account into a platform for promoting the token to her 8 million followers. Those eye-watering totals vaulted MOTHER into the upper echelons of Solana’s fast-growing…

Coinbase said it would not facilitate the migration of two assets related to the Artificial Superintelligence Alliance (ASI) token merger in a June 26 statement. Instead of executing migrations for Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, the exchange plans to continue supporting trading for each asset until further notice. Coinbase said it will allow users to perform migrations through their self-custodial wallets, including but not limited to Coinbase Wallet. Coinbase said the token merger would support “all major software wallets.” Coinbase does not support trading of SingularityNET (AGIX), a third token that will merge with OCEAN…

IoTeX recently introduced a transformative approach in decentralized physical infrastructure networks (DePins) known as the Modular DePin Infrastructure. This innovation aims to redefine the creation and functionality of Web3 technologies. Compared to traditional infrastructures, it offers a more efficient and cost-effective model. How Modular DePin Infrastructure Solves the Pain Point of Startups The surge in DePin startups highlights a growing interest in this technology. However, many face obstacles like limited funding and technical challenges, delaying their progress. To combat these issues, Modular DePin Infrastructure proposes a flexible, community-driven framework. In a social media post, IoTeX outlined three major benefits of…

10x Research suggests selling out-of-the-money (OTM) call and put options tied to bitcoin while holding the cryptocurrency in the spot market. The so-called covered strangle strategy will generate a 17% yield, in addition to the upside from the spot market holding Bitcoin (BTC) investors looking to generate extra income in addition to their spot market holdings should consider setting a “covered strangle” options strategy, research firm 10X, which has an impeccable record of predicting market trends, said Monday. The ‘covered strangle’ strategy involves holding the underlying asset in the spot market and simultaneously selling an out-of-the-money (OTM) call option at…

Howdy! I’ve been reading a few of these ‘Love Is Blind’ exposés recently, which are always a little fascinating and a little terrifying. In my own humble opinion, these lawsuits won’t make a meaningful dent in the show’s viewership. What will kill ‘Love Is Blind’ is the fact that the “social experiment” side of the show was settled like five seasons ago, and its storylines are growing increasingly bland. I digress. As for Solana: Phantom may boost JitoSOL usage Phantom and Jito — Solana’s most notable wallet app and its largest liquid staking provider — announced a partnership today. Under…

Key Points: Binance has identified instances where account features are being exploited for unfair advantages. The platform has increased monitoring of account activities and will investigate and take appropriate actions. A channel for users to report Binance account misuse and reward verified reports has been established. Binance has recently identified instances of certain account features on its platform being exploited to gain unfair advantages, such as better fee rates and higher API limits over other users. The cryptocurrency exchange is taking significant steps to address these issues. Read more: Binance Account: Detailed Instructions On How To Delete Safely Binance Account…

Ronin, a blockchain for gamers, announced the launch of the zkEVM testnet. The official announcement of the zkEVM testnet comes a few days after Ronin unveiled its zkEVM. The team called this the first step towards introducing Layer-2 blockchains to the main network. When it launches, Ronin zkEVM will see builders leverage the Polygon Chain Development Kit (CDK) to create zero-knowledge (ZK) powered layer 2 chains on Ronin. Builders will also leverage the technology to permissionlessly deploy games, the Ronin team noted. The zkEVM testnet will give developers the opportunity to test L2 on Ronin, access the block explorer, and…

Bitcoin developers are exploring the next growth frontier, i.e., programmability through decentralized finance (DeFi). Recent developments suggest that Bitcoin’s adaptability could soon rival Ethereum’s, potentially catalyzing significant market expansion. Following the launch of the first US Bitcoin exchange-traded funds and the latest Bitcoin “halving,” the community has turned its focus toward the future of Bitcoin’s ecosystem. Bitcoin Developers Work on Enabling Programmability The spotlight is now on DeFi’s potential to transform Bitcoin from merely digital gold into a more dynamic, programmable platform. Toby Lewis, the co-founder of the Ordinals project – OrdinalsBot, believes that the Bitcoin DeFi ecosystem could grow…