Author: NBTC

Floki has announced the 190 billion FLOKI token burn has been executed. The tokens were worth over $47 million following FLOKI’s 600% price surge in the past two weeks. FLOKI has announced that the scheduled 190 billion FLOKI token burn has successfully executed. As revealed recently, the Floki DAO approval for the burn saw the project outline that the planned incineration was to take place this week. On March 9, 2024, the team announced that 190.91 billion FLOKI, accounting for 2% of FLOKI’s circulating supply, had permanently been removed. “In line with the decision of the #Floki DAO, 190,918,585,431.84 $FLOKI…

The U.S. Securities and Exchange Commission is not a monolithic institution. Look no further than Hester Peirce (a.k.a. Crypto Mom), who is currently serving her second term as one of five overseeing commissioners. Over the past several years, Peirce has made a reputation as a defender of cryptocurrencies and blockchain technology — writing innumerable dissenting opinions regarding the many legal actions the SEC has waged against crypto protocols and companies. SEC Commissioner Hester Peirce will speak at Consensus 2024 this May. Grab your pass here. To some extent, Peirce’s disagreements with SEC Chair Gary Gensler stem from their varying philosophical…

This morning, MoonPay, the forefront Web3 infrastructure company, and Base, the layer-2 blockchain incubated by Coinbase, announced an expansion of their partnership to elevate the payments experience for apps and integrations within the Base ecosystem.—This news comes as Base’s Total Value Locked (TVL) surpasses an impressive $4 billion for the first time, indicating the platform’s rapid growth and rising prominence in the blockchain space.Key highlights of the expanded collaboration include:MoonPay Checkout Solution Now Available: MoonPay’s Buy and NFT Checkout solutions are now accessible to projects within the Base ecosystem, including the renowned NFT marketplace, OpenSea. This integration significantly enhances the…

For all the breathless coverage of spot bitcoin exchange-traded funds (ETFs) launching and the bitcoin futures ETFs before them, no one is talking about the elephant in the room. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Ryan Gorman is the principal of Gorman Strategies. These funds help kick the can down the road while giving off the impression of being at the cutting edge of investing, when in reality they’re an easy way to charge fees while also making it harder for you and I to…

MANTRA, a trailblazing force in blockchain technology, has announced the launch of its Hongbai Incentivized Testnet. This groundbreaking development is viewed as a significant stride towards bridging the gap between traditional financial markets and the decentralized finance (DeFi) sector. Following the successful rollout of MANTRA Chain’s initial testnet phase, the Hongbai Testnet is now poised to welcome nearly 100,000 eager participants. These participants will have the unique opportunity to explore the state-of-the-art infrastructure on the leading RWA layer 1 blockchain. The Hongbai Testnet, representing the second phase of MANTRA Chain’s testing initiative, is a pivotal component of the project’s overarching…

Metaplanet, a Tokyo Stock Exchange-listed company, announced on April 8 that it has embraced Bitcoin as a core treasury asset. In an April 8 statement on social media platform X (formerly Twitter), Metaplanet said it was allocating ¥1 billion, approximately $6.56 million, to the flagship digital asset as part of its groundbreaking shift in its financial strategy. The firm stated: “This strategic pivot is not just about embracing digital assets but also about pioneering a future where finance meets innovation at its core…Our transition to Bitcoin is a significant milestone in our mission to lead in the digital finance era…

The Dogecoin (DOGE) community finds itself again at the center of attention, receiving a notable warning that would secure the safety of data and cryptocurrencies. In a recent tweet, Mishaboar, a vocal Dogecoin community member, issued a warning, urging users not to interact with the domain dogechain.com. The warning stems from reports of suspicious activity and potential security vulnerabilities associated with the dogechain.com domain. Mishaboar alerts the Dogecoin community to stay away from the dogechain.com domain, as it was used in the past for spoofing the .info website, leading to people leaking their emails and passwords. Dear #Dogecoin, remember also…

The deBridge protocol has launched a point system to empower its community by recognizing contributions across its ecosystem. Nearly three years into its mission, deBridge reports exponential growth in volumes, transactions, users, partners, and supported chains. “Everyone who has used a deBridge product has contributed to our mission and deserves recognition for our collective success,” the company said in a blog post. The points are structured to reward early supporters and active contributors alike without encouraging exploitative behavior. Points are awarded for using the deBridge protocol, including through its app and integrations, and all fees contribute to the treasury. 1/…

“Show me the money.” The notorious phrase from 1996’s “Jerry Maguire” movie is on the lips of investors watching the state of the Bitcoin mining market as it faces its next crunch point: April’s Bitcoin Halving. Mining, an integral part of securing the bitcoin network, requires a lot of capital to operate profitably. And now, after a brutal crypto winter and with the upcoming halving next month, many investors have turned sour on what once was an outrageously profitable business, drying up capital for the miners. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with…

Nomic, a well-known name in the cryptocurrency market, shakes up the industry with the recent launch of stBTC. It is a Bitcoin Liquid Staking Token created by Babylon, another Cosmos chain-based project focused on a Bitcoin staking protocol. The invention has a potential to change the decentralized finance game while also benefiting from the initial phases of the technology. Introducing $stBTC, a Bitcoin Liquid Staking Token powered by @babylon_chain.https://t.co/b7duK3MBVs — Nomic (@nomicbtc) April 10, 2024 Nomic and Babylon Advance Bitcoin in DeFi with stBTC Both Nomic and Babylon are currently participating in various Bitcoin and Cosmos ecosystem initiatives. This cooperation…