Author: NBTC

New York, NY — Union, the Modular Interoperability Layer, is teaming up with Stargaze, the zero-gas NFT app chain, to facilitate the transfer of blue-chip Ethereum NFTs to the Cosmos ecosystem through its trustless, decentralized zkIBC bridge. —The integration promises significant advantages for collections in both realms. Following the completion of this partnership, Stargaze’s NFT collections, including Bad Kids, will gain exposure to the Ethereum ecosystem by featuring on Ethereum marketplaces. Conversely, blue-chip Ethereum NFTs such as CryptoPunks, BAYC and Pudgy Penguins will find a new home in Stargaze. Moreover, NFT collections minted on Stargaze, such as the Celestine Sloth…

A pseudonymous crypto founder with very public criticisms of DeFi’s points trend opened up his own points program on Suilend, one of the fastest growing borrow-and-lending protocols on the Sui blockchain. Launched Tuesday, Suilend’s incentives program addresses some of the most jarring issues that founder Rooter said protocols run into when wooing users with points. Countless protocols ran their own points programs over the past 12 months, almost always as the prelude to a token. Sui’s DeFi landscape grew nearly threefold this year on the back of the resurgent market and boosted by the Sui Foundation’s “Sui Rewards” incentives programs…

Desig, Omnichain Smart Multisig Wallet solutions provider, has announced its integration with the Conflux Network. This collaboration promises users a transformative experience characterized by enhanced security, intelligence, and efficiency. 🎉 We’re thrilled to announce that Desig, your go-to Omnichain Smart Multisig Wallet, is now live on @Conflux_Network!Get ready for a transformative experience in digital asset management that is secure, intelligent, and incredibly efficient. pic.twitter.com/KpfhDIfhB7 — Desig | Omnichain Multisig Wallet (@DesigLabs) May 15, 2024 Conflux Network’s Role in Desig’s Digital Asset Management Solutions Conflux Network’s innovative Tree-Graph consensus mechanism enables Desig users to enjoy lightning-fast transactions and high throughput. In…

After briefly plunging below $60,000, Bitcoin (BTC) has rebounded, aiming to sustain its gains above the $65,000 mark. Notably, the cryptocurrency has exhibited heightened volatility leading up to the halving event, yet uncertainty looms regarding its future trajectory. In this regard, in a TradingView post on April 19, crypto trading expert Alan Santana forecasted a grim outlook for Bitcoin, hinting at the possibility of ‘the mother of all crashes’. This projection is rooted in Bitcoin’s current support levels. Santana highlighted Bitcoin’s struggle with a critical support range between $59,000 and $63,000, emphasizing that it has faced over five challenges recently,…

In a major development for Bitcoin-native DeFi, pSTAKE Finance recently unveiled liquid staking for Bitcoin. Based on Babylon’s Bitcoin staking protocol, this solution aims to simplify Bitcoin staking and provide new yield generation opportunities. Breaking: pSTAKE Finance is launching a premier liquid staking solution for Bitcoin, built atop @babylon_chain. pSTAKE aims to become a catalyst for BTCfi growth by creating a direct pathway to generate #BTC staking yield. Learn more 👉🏼 https://t.co/XV6KE07ciL pic.twitter.com/6R7hVODcor — pSTAKE Finance (@pStakeFinance) May 15, 2024 What is pStake? Let’s find out… What is pStake? pSTAKE Finance, backed by Binance Labs, is a multi-chain liquid staking…

Iconic nonfungible token collections recorded huge percentage losses in the previous week since BLUR users unloaded inventory. Blur Season 3 will end in the upcoming weeks, and Ethereum-based nfts are sold out on a very large scale. Blur’s airdrop farming program is termed Season 3, where the user community will get profitable rewards with [REDACTED]. The rewards in the Blur airdrop farming campaign are empowered by Blast, an Ethereum rollup. Rewards will be distributed in the form of Blast Layer 2 network’s token of the future. Blur users can get points by bidding on NFTs and offering loan liquidity via…

The AIOZ Network’s token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85. Earlier today, the token briefly surpassed the $0.90 mark, and market capitalization crossed the $925 million threshold, per CoinMarketCap. 24-hour chart of AIOZ from CoinMarketCap The uptick in AIOZ’s market activity is linked to a recent announcement by Korea’s leading exchange, Bithumb, which has added AIOZ to its listing. Starting today, Bithumb will allow deposits for AIOZ starting at 2:00 a.m. EDT and enable transactions and withdrawals from 6:00 a.m. EDT. You might also like:…

Peaq, a layer 1 blockchain, has become a participant in the Mastercard Start Path program. Representatives of peaq, a layer 1 blockchain for decentralized physical infrastructure networks (DePIN) and machine real-world-assets (RWAs), told crypto.news that the payment giant’s program is designed to support promising advanced-stage projects in various fintech and web3 verticals. With the help of Mastercard, peaq will explore many promising implementations linking the DePIN sector and the world of traditional finance (tradfi) and fintech. The program also helps projects expand their ecosystem with new opportunities to secure strategic partnerships, build communities, raise funds, and more. Sabrina Tharani, SVP…

Google searches for the term “Bitcoin halving” have hit an all-time high, surpassing the previous record set during the last halving in May 2020. According to Google Trends data, which uses a 100 point scale to determine the relative popularity of keyphrases, there is more interest than ever in the Bitcoin network halving. This op-ed is part of CoinDesk’s “Future of Bitcoin” package. Interest in the term has steadily ramped up since the start of 2024, alongside search interest in the phrase “Bitcoin” (which is still below its 2017 peak in terms of search interest). The surge in interest this…

Decentralized finance-focused wallet firm Fordefi has snagged crime and cyber threat insurance cover from German carrier Munich Re. The undisclosed dollar amount policy was facilitated by blockchain experts from insurance broker Lockton’s Emerging Asset Protection team. Fordefi, a cryptocurrency wallet built for decentralized finance (DeFi), is working with German insurance giant Munich Re, the companies said in a blog post on Thursday. Facilitated by Kansas City-headquartered insurance broker Lockton, Fordefi’s wallet policy covers cyberattacks and things like internal fraud or collusion, as opposed to protection at the smart contract level. The dollar amount of the coverage was not disclosed, but…