Author: NBTC

Key Points: Binance ZK listing will take place at 08:00 (UTC), along with the distribution of additional airdrops to users. The exchange will allocate 10.5 million ZK tokens to 52,500 users meeting specific criteria. The additional airdrop responds to criticism of zkSync’s initial airdrop criteria. Binance has announced the listing of zkSync (ZK), with trading set to commence at 08:00 (UTC). Binance ZK Listing Starts Today The new spot trading pairs will include ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY. According to the Binance ZK listing announcement, users can now deposit tokens, while withdrawals are expected to open at 08:00 (UTC) on…

Demand for Bitcoin block space is growing, but the ecosystem infrastructure is groaning. ExSat, a new Layer 2 for Bitcoin, has developed a technology stack that combines the trust and security of Bitcoin with the modular capabilities of EOS RAM to deliver a layer that unlocks new scalability and functionality for the granddaddy of all blockchains. “Bitcoin has long been the most significant source of value in the blockchain ecosystem. It accounts for around half of the total market capitalization of all cryptocurrencies.” Discover how ExSat is revolutionizing Bitcoin scalability and functionality by leveraging EOS RAM, creating new opportunities for…

Notcoin, the Telegram-based clicker game, surged 16% following a new trading pair listing for NOT, its native token, on the world’s largest crypto exchange, Binance. At the time of writing, the token is up 10%, trading at $0.018, according to CoinMarketCap. The crypto asset is among today’s top gainers, while its market cap rose to $1.84 billion. NOT 24-hour price chart | Source: CoinMarketCap NOT has also experienced a 65% surge in its 24-hour trading volume, reaching $1.26 billion. However, the token is trading 37% lower than its all-time high of $0.0289, reached on June 2. Notcoin’s recent surge comes…

Faruk Fatih Özer once took a hardware wallet holding $2 billion worth of crypto through airport security while fleeing arrest. This week, he is entering prison to start a 11,196-year prison sentence. Özer founded Thodex, Turkey’s once-largest crypto exchange, and used it — with help from his family — to steal untold sums from his customers. His brother and sister received the same, 11,196-year sentence. That is, the judge noted, more years than 50 humans could physically serve and the longest sentence ever handed down by a Turkish court. Read more: Thodex chief denies fraud, says crypto exchange was hacked…

CoinShares International Limited, a leading digital asset investment company, has announced the rebranding of its long-standing crypto ETP brand, XBT Provider, to “CoinShares XBT Provider.” This move aligns with the company’s group strategy and sets the stage for expansion in the second half of 2024. Since its inception in 2015, CoinShares XBT Provider has been a pioneer in the crypto ETP space, offering the world’s first Bitcoin and Ethereum-based exchange-traded products. With current assets under management (AUM) of $3.4 billion, the company has established itself as a trusted choice for Nordic investors seeking regulated crypto exposure. As part of its…

Movement of bitcoin from the known Mt Gox wallet to a new address earlier this week caused a bit of panic as investors wondered what was happening. Former CEO Mark Karpelès assured people that the move was made to prepare for distributions. The estate then put out a statement echoing Karpelès. None of this is out of the norm, as the trustee has to prepare for the distributions which have a deadline of Oct. 21. Obviously, the distributions have the potential to apply a lot of pressure on the market. It’s also a hotly discussed topic, with research firms like…

The enigmatic Shiba Inu lead developer stirs reactions among SHIB enthusiasts as his location mark on X changes to Colorado, United States. Kuro, a Japanese-based Shiba Inu community member, highlighted this change in a recent post. The community member shared a screenshot showing that Kusama has modified his X location mark to Vail, a municipality in Colorado, United States. Kuro added a ‘thinking face’ emoji to the tweet, indicating curiosity regarding Kusama’s mission in the city. Shytoshi Kusama’s current location is…👀 📍Vail, CO 🤔 pic.twitter.com/mfGJmPxfkl — KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) June 13, 2024 The Crypto Basic also confirmed that Kusama’s X…

Reaching 200 million registered users is a monumental achievement for a global technology company operating around the clock in an ever-evolving industry. This milestone doesn’t just underscore the resilience, security and stability of our platform; it’s also a testament to the unwavering support of our community. We’re always listening to our users, whose feedback drives our pursuit of excellence and commitment to serving them better. Since we’ve passed the 200-million mark at the halfway point of 2024, it seemed like an appropriate time to reflect on how everything we’ve built and shipped so far this year has got us to…

Concerning Bitcoin Exchange Traded Funds (ETFs), recent data reveals a notable shift in investor behavior and fund management strategies. The latest figures from May 29, analyzed by Lookonchain, highlight significant movements in Bitcoin holdings across several key ETFs, showcasing a broader trend of strategic asset reallocation within the crypto space. Strategic Movements Across Major ETFs The data shows that BlackRock’s iShares Bitcoin Trust (IBTC) led the inflow, adding 1,503 BTC, valued at approximately $102 million, bringing its total holdings to 288,671 BTC, worth around $19.59 billion. This move underscores BlackRock’s continued confidence in Bitcoin, reinforcing its position as a major…

Stellar is contributing to the relief efforts in Brazil through donations hosted by CheesecakeLabs. The choice of Stellar is to bolster transparency and proper fund management. The Stellar network, an open-source decentralized protocol, was recently utilized to raise funds for Brazilian food relief. This development is in response to heavy rains and winds that slammed the northern region of Rio Grande do Sul, Brazil in late April. Brazil Leverages Stellar Blockchain for Crypto Fundraiser Leveraging the Stellar blockchain, a crypto fundraising campaign was raised by CheesecakeLabs, a Brazilian engineering firm within the Stellar ecosystem. The fund aims to aid affected…