Author: NBTC

Palm Collective, an open-source, web3 community-powered initiative backed by Consensys and Polygon, has unveiled the Obscura Community, a platform designed to bolster Web3 artists, as shared by Palm Collective today. Along with this launch, the project has also announced a $1,000 art contest to “celebrate the community’s birth and womxn’s month.” The contest, dubbed “Call x Digital Art: Egalitarian Utopia,” opens on March 11 and welcomes all artists to participate. In addition to a $1,000 prize, the winning artwork will be featured in a window display on Broadway Avenue in New York on April 1, Palm Collective noted. According to…

While many experts doubt Ethereum (ETH) ETF approval might follow this year, The ETF Store president Nate Geraci maintains optimism. Spot ETH ETF disapproval has no grounds, expert Nate Geraci says After the conference between the U.S. Securities and Exchange Commission, Grayscale and Coinbase, it was confirmed that futures and spot markets in ETH/USDT pairs demonstrate the strongest positive correlation. Given the reliability of these ties, top expert Nate Geraci sees no potential grounds for disapproval of spot Ether ETFs in the U.S. SEC met yesterday w/ Grayscale attorneys & Coinbase re: spot ether ETF…Discussion included analysis of correlation b/w…

Degens who caught the newest meme coin sensation—called “Jeo Boden”—early Tuesday are currently sitting on well over 100x returns. And now there’s a slew of copycat coins based on other politicians and public figures. Solana has been the go-to destination for degens looking to gamble on meme coins this cycle, and that doesn’t appear to be slowing down. The newest meme coin meta to hit the chain on Solana has coins named after misspelled politicians’ names—like BODEN, TREMP, and DANOLD—skyrocketing. BODEN appears to have kicked off the trend, and while TREMP was created before it, BODEN has led the pack…

OKX DEX, a prominent decentralized exchange aggregator, has recently announced support for the Blast network. These smart moves allow OKX DEX users to use the native yield for ETH and stablecoins on Blast, a top Ethereum Layer 2 solution. OKX DEX hopes to simplify cross-chain transactions and expand its decentralized exchange aggregator platform by adding Blast network support. OKX DEX Boosts Trading Capabilities with Blast Network Support The Blast network’s addition to OKX DEX’s ecosystem advances decentralized exchanges. OKX DEX is a cross-chain and multi-chain decentralized exchange that runs 20 bridges and connects users to over 400 DEXs. OKX DEX…

The United Arab Emirates (UAE) uses Cardano to provide security for criminal investigations. In a recent post by Chris O, founder of the Cardano GhostFund DAO, the UAE’s decision to adopt Cardano represents blockchain’s “massive real-world adoption.” At the World Police Summit in Dubai, the Dubai Police unveiled a Cardano-based pilot project providing data management capabilities. The project analyzed the secure exchange of sensitive data related to criminal investigations with authorities such as Interpol. The presentation of the integrated Cardano project highlighted the high level of security associated with the exchange of scans of bullets in concrete obtained using a…

A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission’s motion for a default ruling. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. To be (a security), or not to be The narrative Judge Tana Lin, of the U.S. District Court for the Western District of Washington, ruled last Friday that Sameer Ramani violated federal securities…

The Securities and Exchange Commission delayed a decision on letting Cboe list and trade options on bitcoin ETFs. Cboe first applied to list and trade options on the newly launched bitcoin ETFs back in January. The SEC said on Wednesday it’s delaying a decision on the proposed rule change until late April. Options can be used to hedge risk, allowing a party to enter into a contract where they can buy or sell a financial product at a certain price in a specified window of time. Read more: Options on bitcoin ETFs could come soon, offering hedging tool for institutions…

Core Foundation, which aims to create a secure and decentralized ecosystem for dApps, is launching a non-fungible token (NFT) marketplace. Announced Monday, the foundation will also embark an NFT collection drop for the community, dubbed – Core Journey. The NFT collection is focused to bring stronger utility to the Core chain, said Core contributor Rich Rines. Core blockchain leverages the advantages of Bitcoin and the network is also EVM (Ethereum Virtual Machine) compatible so that it can run Ethereum smart contracts and dApps. The announcement comes days after the foundation launched a $5 million innovation fund to promote India’s Web3…

The world’s second-largest cryptocurrency by market cap, Ethereum (ETH) ,surged past $4,000 on Friday, March 8. However, the ETH crypto faced a minor pullback. At press time, the Ethereum price was trading at $3,933 with a market cap of $472 billion. Ethereum (ETH) Price To See All-Time High Soon CrediBULL crypto, a prominent crypto analyst, has weighed in on the current market dynamics, particularly focusing on Ethereum (ETH) following Bitcoin’s recent achievement of tagging its previous all-time high (ATH). According to the analyst, there’s widespread anticipation within the crypto community that Ethereum is the next in line to surge, given…

Crypto traders looking to turn a quick profit are hunting for the best meme coins to buy, but they face a dilemma. To they buy meme coins on the Solana (SOL) blockchain, or on the Ethereum (ETH) blockchain? Both blockchains have their pros and cons. Solana has very low fees and fast transactions times. Ethereum, meanwhile, suffers from high fees and slower transactions. However, Ethereum is still the home to the bulk of on-chain liquidity. As per DeFi Llama, its trade value locked (TVL) was last close to $150 billion. Solana’s TVL, meanwhile, was last just over $8 billion on…