Author: NBTC

Renzo has allocated 32% of the total tokens to the community. The protocol tweeted that the token was not yet available on decentralized exchanges, however Dextools data shows the token is being traded on Uniswap. 50% of the tokens accumulated by users with more than 500,000 ezPoints are subject to a three-month vesting period. Liquid restaking protocol Renzo has opened airdrop claims for its native token (REZ), which has debuted at a $289 million market cap, according to CoinMarketCap. The initial circulating supply of REZ is 1.15 billion, with the remaining 8.85 billion tokens remaining locked up until various criteria…

Amid Yuga Labs’ restructuring, how are investors and collectors reacting to the changing situation of the NFT market? Yuga Labs, the company behind the immensely popular Bored Ape Yacht Club (BAYC) NFT collection, is undergoing a restructuring effort. This move comes amid a challenging period for the company, marked by a sharp decline in the value of its flagship NFTs and the need to realign its strategic focus. CEO Greg Solano recently shared a candid message on X, acknowledging the company’s struggles and outlining a path forward. gm, really tough day today. I am hellbent on transforming yuga and getting…

With the hotly-anticipated REMIT upgrade being activated, Xahau sidechain customers are able to leverage a novel payment transactor and send value over the chain in a resource-optimized manner. XRPL’s sidechain Xahau welcomes Atomic Multi-Asset Payments Today, March 31, 2024, XRPL’s Xahau sidechain activated the REMIT upgrade. At its core, it allows the expanding of the XLS-55d proposal for XRPL-like networks to Xahau. Xahau amendment REMIT is liveSo many waiting for thisSo what is Remit pic.twitter.com/EOEzN7yslK — onledger.net (@offledger) March 30, 2024 Most importantly, this upgrade paves the path for sending multiple currencies and tokens atomically to a specified destination. As…

The emergence of virtual assets has altered the financial landscape, necessitating heightened efforts to prevent crimes like money laundering. The Ministry of Justice and the prosecution are supporting the formation of a Virtual Asset Joint Investigation Team by the Seoul Southern District Prosecutors’ Office to enhance investigative skills. On April 5, Mr. Han, the CEO of a virtual asset (coin) issuer, was transferred to the trial on charges that he conspired with a professional market manipulation firm called ‘John Berkim’ to steal 21.6 billion won from investors. Mr. Han launched and listed “Grape,” a worthless “scam” coin, in December 2020.…

SSV.Network, the trailblazing decentralization project, announces its partnership with Ether.Fi. The partnership with Ether.Fi is a revolutionary advancement for the entire staking system as SSV’s Distributed Validator Technology will be injected into the latter’s platform, allowing stakers to experience decentralization and trust at new heights. SSV and Ether.Fi Boost Total Value Locked (TVL) to $2 Billion The new SSV’s DVT integration will add much-needed user diversification and fault findings capability to Ehter.Fi restaking platform. The integration opens new capabilities for ETH security, as Ether.Fi now has access to the high TT NOS tuned nodes from SSV’s world network. The collaboration…

Recent analyses of Bitcoin’s market activity have revealed a notable loss increase for short-term holders, particularly during market corrections. Data segments these holders into different time frames, ranging from one day to six months. The most significant losses were recorded among those who invested in Bitcoin at higher prices and sold during the dips, indicating a pattern of buying high and selling low. Assessing the Realized Losses across the #Bitcoin Short-Term Holder constituent cohorts [1d-1w, 1w-1m, 1m-3m and 3m-6m], we note a large spike in losses around market correction events.This highlights the capitulation of recent investors who have bought the…

Solana’s diverse airdrop ecosystem offers investors exposure to various sectors like DeFi, NFTs, and decentralized exchanges. Airdrops foster community engagement, incentivizing participation and driving adoption within Solana’s thriving ecosystem. By leveraging airdrop opportunities, investors strategically position themselves to capitalize on Solana’s continued growth and innovation. Investors are eager to capitalize on Solana’s booming ecosystem, especially with the potential to earn free tokens through airdrops. The surge in airdrop activity on the Solana network is a promising sign for investors aiming to maximize profits. With Solana’s price hovering around $200, here are eight Solana airdrop recommendations for April 2024 that could…

Amir Taaki, an anarchist revolutionary, hacktivist, and programmer known in the crypto space as one the first Bitcoin core developers, has spoken out on the Samourai Wallet indictment. In a recent blog post, Taaki urged the crypto community to “step up” its game in the face of heightened state-sanctioned regulation and governmental oversight. Taaki regards the arrest of the Samourai Wallet devs as a “wake up call for crypto” to pursue better methods for anonymity and privacy. “Being prepared to resist the surveillance megamachine means forming a completely dark ecosystem where operators are able to mobilize under protected cover,” Taaki…

In addition to the higher seed money, Zhu Haokang also took note of the availability of in-kind subscriptions and redemptions as well as the regulatory clarity in Hong Kong that allowed a spot ether ETF before one was available in the U.S. Also participating in the briefing was Wayne Huang, head of ETF and custody at crypto exchange OSL. Source: Foresight NewsWhat does China Asset Management (Hong Kong) think about the scale of capital inflows on the first day of listing of Hong Kong cryptocurrency ETFs tomorrow?Zhu Haokang : I am very confident that the initial listing scale of Hong…

Stacks Foundation, an innovative team that is working on various implementations of programmable Bitcoin (BTC) L2s, shares details of its latest R&D initiative, its objectives and funding plan. Stacks Working Group starts researching BitVM Stacks Working Group, a new research team of cryptocurrency professionals, starts its study program with focus on BitVM, a computational layer based on Bitcoin (BTC), the largest cryptocurrency. This statement was made by Stacks Foundation’s Head of Growth Mitchell Cuevas on March 28, 2024. Can we build better Bitcoin layers with BitVM? 🟧A new @Stacks Working Group with an initial allocation of $500,000 is going to…