Author: NBTC

Binance Launchpool, the world’s largest cryptocurrency exchange, listed its project Renzo Protocol (REZ) today with trading pairs REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY. REZ, listed on Binance, opened on the board at $0.0098 but later rose by 2960% to $0.299. REZ price, which was withdrawn afterwards, continues to be traded at $ 0.177 at the time of writing. Investors staked BNB and FDUSD to earn REZ. At this point, Renzo opened airdrop requests for his own token, REZ, which debuted with a market value of $289 million. In the statement, it was stated that the initial circulating supply of REZ…

Sam Bankman-Fried’s (SBF) FTX Group allegedly paid over $25 million in hush money to seven whistleblowers prior to the doomed crypto exchange collapse in November 2022, a bombshell independent examinator’s Thursday report found. FTX Whistleblowers Agreed To Settlement Deals Prior To Collapse Robert Cleary, the independent examiner tasked with conducting the report, discovered the now-settled claims investigating employee severance packages, as FTX did not record employee complaints. According to Cleary’s report, the investigation “ultimately identified settlement agreements totaling more than $25 million with seven whistleblowers who alleged various improprieties at the FTX Group, with most of that money going to…

MultichainZ has announced its latest milestone in bolstering the security and decentralization of its Ethereum validators. It has done so with a significant grant from the SSV network. This partnership aims to leverage SSV’s advanced technology and expertise to optimize validator management within the MultichainZ ecosystem. We are thrilled to announce that MultichainZ has received a grant from @ssv_network which will significantly enhance the security and decentralization of our Ethereum validators.🧵 pic.twitter.com/jKV2RtmrRU — MultichainZ (@MultichainZ_) May 24, 2024 MultichainZ Transitioning Towards Enhanced Validator Operations MultichainZ conveyed their enthusiasm through a series of tweets, expressing their excitement over the grant received…

Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline unless it clears the $65,000 resistance zone. Bitcoin Price Recovery Stalls Bitcoin price attempted a recovery wave above the $65,000 resistance zone. BTC even climbed above $66,200,…

Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing “regulatory uncertainty” as the reason behind these changes. Hodl Hodl to Exclude US Residents From Accessing Its Lending Platform Hodl Hodl, a decentralized, non-custodial, and anonymous Bitcoin trading platform, has changed its service agreement to exclude residents of the U.S. and of United Nations-embargoed countries from accessing its lending platform. The change, part of a “stricter policy” of…

Fireblocks, a well-known custodian for digital assets, has recently made a new integration. It has reportedly collaborated with Injective (a prominent blockchain company) while endeavoring to speed up its adoption among the leading institutions around the world. Injective revealed this integration on its official account on X. 1/ The worlds leading digital asset custodian, @FireblocksHQ, has integrated Injective to accelerate institutional adoption.Now some of the largest institutions can directly access $INJ and seamlessly onboard onto the Injective ecosystem.Keep reading 🧵 pic.twitter.com/myqUE0aeSg — Injective 🥷 (@injective) May 24, 2024 Fireblocks Onboards Injective to Expand Its Institutional Adoption As per the company,…

The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a specific price mark. Bitcoin Bears Beware Of This Price Range According to Rover, the crucial price mark, which is the $71,600 region, is where the $3 billion short liquidation would occur if Bitcoin reclaims it. Rover’s assessment is based on data gathered from CoinGlass, a…

According to Bloomberg ETF analyst Eric Balchunas, the U.S. Securities and Exchange Commission’s (SEC) recent interaction with potential spot Ethereum ETF applicant companies represents a significant shift in the outlook for potential approvals. Next steps include approving forms 19b-4 and S-1 registration statements. Balchunas noted that due to the unique nature of the issue, this may take longer than usual. Once these are met, trading can begin. “Overcoming the possible approval issue is the most important thing. Now it’s all about logistics and legal documents,” he said. Unlike spot Bitcoin ETF approvals, where the SEC meets with prospective issuers for…

Blum, a project of former Binance executives Gleb Kostarev and Vladimir Smerkis, is gaining increasing momentum due to the viral effect and farming mechanics. This marketing move has already attracted a colossal audience to the project — more than 3 million people have already joined Blum. How to farm Blum? The feature is available in the Telegram mini-app, it allows users to earn “points” that can later be converted into real tokens, adding an element of gamification. Launch the bot, complete tasks and get points! Use “invites” which are the referral links, send them to your friends to earn more…

Prom, a popular modular ZkEVM L2 that offers interoperability across diverse chains, has recently announced an exclusive integration. The platform has reportedly integrated ARPA which is an Ethereum-based well-known permissionless network that intends to provide a privacy-preserving, secure, and fair blockchain forum. The company disclosed the news of this integration on its official X account. Prom Integrates ARPA Into the EcosystemWe’re thrilled to introduce another infrastructure partner in our ecosystem, meet @arpaofficial, a permissionless threshold BLS signature network.ARPA builds a verifiable on-chain randomness oracle, Randcast, which is now live on… pic.twitter.com/RMoapemuip — Prom (@prom_io) May 24, 2024 Prom Unveils Its…