Author: NBTC

A technical malfunction at the New York Stock Exchange on Monday caused a temporary disruption in trading, leading to a significant drop in the A-class shares of Berkshire Hathaway, the investment conglomerate chaired by Warren Buffett. The glitch, which prompted trading halts and sparked an investigation by the NYSE, attracted the attention of the cryptocurrency community. This caused a particularly funny reaction in the crypto community. So many crypto enthusiasts reminded Warren Buffett of his criticism of the main cryptocurrency. In particular, the famous investor called Bitcoin a “gambling asset” that is worthless. Many noted that, unlike Berkshire Hathaway stock,…

The price of Curve DAO (CRV) plummeted by up to 35% within a few hours. This sharp decline came after news broke that Michael Egorov, the founder of Curve, might face liquidation. Egorov, a key figure in the decentralized finance (DeFi) sector, is currently navigating a precarious trading situation. Curve Founder’s Potential Liquidation Causes Panic According to Arkham, an on-chain analysis platform, Egorov is close to seeing $140 million worth of CRV liquidated. He has borrowed around $95.7 million in stablecoins, primarily crvUSD, against $141 million in CRV distributed across five accounts on various lending protocols. “Based on current rates,…

In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling a robust expansion within the Web3 sphere. Report Reveals Emerging Dynamics in Bitcoin Ordinals and Runes Market Coingecko’s latest report highlights the burgeoning interest in Bitcoin NFTs, with specific collections like Nodemonkes and Bitcoin Puppets leading the charge. In May 2024, Nodemonkes boasted a market cap of $198.25 million, while Bitcoin Puppets reached $144.12 million. The study shows daily…

AI startup Mistral has closed a substantial €600 million (about $644 million) funding round, the Paris-based firm announced on Tuesday. The fundraise was reportedly based on a company valuation of $6 billion—a nearly threefold increase from its $2 billion valuation in less than six months. “Mistral AI has grown about 3x in valuation since December and about 25x in the last 12 months,” Mistral AI researcher Devendra Chaplot wrote on LinkedIn—adding that the company is hiring. The Series B fundraising round was led by General Catalyst, with participation from notable investors like Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture…

Wisconsin’s recent disclosure of a $162 million investment in Bitcoin through ETFs managed by BlackRock and Grayscale has caught the attention of market analysts and investors alike. This investment, part of a massive $180 billion fund, suggests a strategic approach by the state to cryptocurrency. Marquette University professor emeritus David Krause commented on the development, describing it as an “entry point” and predicting that this move could be a “trial run” for further investments. Krause anticipates other states will follow Wisconsin’s lead, enhancing Bitcoin’s legitimacy in institutional circles Bitcoin IFP verisi güçlü boğa sinyalleri üretiyor.”Büyük borsalardan türev borsalarına yapılan transfer…

Raydium, a decentralized finance (DeFi) protocol operating on the Solana Blockchain, has integrated with Serum DEX, enhancing trading capabilities through an automated market maker (AMM). By combining the flexibility of AMMs with the reliability of traditional order book mechanisms, Raydium facilitates efficient, liquid, and cost-effective trading. Users can earn RAY coins by providing assets to liquidity pools and staking these tokens for additional rewards. Additionally, Raydium’s AcceleRaytor platform assists new projects in raising capital within the Solana ecosystem. Contents hide 1 How Does Raydium Work? 2 What Sets Raydium Apart? 3 Key Benefits for Users 4 Conclusion How Does Raydium…

Access Protocol has launched a Subscription Quest initiative with Superboard to introduce its new transferable subscription feature, which offers up to $25,000 in prizes. Transferable Subscriptions are designed to revolutionize interactions with creators. These subscriptions utilize compressed NFTs to enable the creation, purchase, sale, and transfer of Access subscriptions. According to the protocol, this feature is the final component of its Access v2 upgrade. The protocol explained that its Quest initiative aims to engage both new and existing users. The campaign celebrates community, innovation, and a forward-thinking approach to digital content consumption. It stated: “This campaign is set to not…

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE A new report from the EU has singled out Bitcoin’s Lightning Network and other layer 2 solutions as “data obfuscation” technologies that could be “abused by criminals.” The First Report on Encryption by the EU Innovation Hub for Internal Security, a “collaborative network of innovation labs” from across EU member states, argues that alongside technologies including Mimblewimble, zero-knowledge (zk) proofs, coin mixers and privacy coins such as Monero and Zcash, “layer 2 solutions such as the lightning network might also be abused by criminals.” The report notes that the Lightning Network’s “two-party…

Il Capo of Crypto, one of the most popular analysts in the cryptocurrency world, evaluated the general situation of Bitcoin, Ethereum and altcoins in his statement today. According to the analyst, Bitcoin managed to break the upper range by rising above $69,000, which could be a good sign for the continuation of the bull. il Capo thinks we may see more developments regarding Ethereum Spot ETFs this week. The SEC’s approval of Ethereum Spot ETFs comes as a big development. The analyst thinks the fact that BlackRock and others have updated their S-1 filings and disclosed their fees indicates that…

Real World Assets (RWA) are currently among the fastest-growing ecosystems within the larger Decentralized Finance (DeFi) market. According to DeFi Llama metrics, there is over $4 billion in digital asset funds locked across RWA protocols such as Ondo Finance, Pendle and the Jellyverse ecosystem. This figure is up from $753 million in January 2023. But while the RWA ecosystem has witnessed remarkable growth over the past year, it is still one of the most underserved DeFi markets. A recent report by Citi estimates that the total addressable RWA market is in the trillions of dollars, with notable investment areas such…