Author: NBTC

SushiSwap has faced accusations of governance manipulation and financial opacity, with tensions rising over the deletion of its governance forum. Decentralized crypto exchange SushiSwap has found itself in hot water as the community accuses its core team of deleting parts of its governance forum and disregarding snapshot votes amidst backlash over its financial management. In an X post in late February, former ex-contributor to SushiSwap, Naim Boubziz, ignited the controversy by highlighting the project’s core team’s deletion of its governance forum amid criticism of its use of treasury funds. #Sushiswap : The $sushi core-team have just completely deleted the https://t.co/JAgiNpHAOS,…

Following its recent rally to a 52-week high of $3,958, Ethereum (ETH) addresses in profit have topped 94.3% with limited resistance to retest its previous ATH of $4,891.70. Data from crypto analytics platform IntoTheBlock (ITB) puts the Ethereum addresses in profit at a total count of 104.71 million. This is the highest Ethereum has recorded in more than a year with the crypto asset notably trailing the bullish path that was set by Bitcoin following the approval of its spot Exchange-Traded Fund (ETF) products. Ethereum On-Chain Data Count The IntoTheBlock data shows that overall, all addresses on Ethereum are either…

Bitcoin’s (BTC) price went on a major rampage this week as it breached all-time highs (ATH) on two different occasions. While the latest ATH of $70,083.05 marks a monumental milestone, it underscores how Bitcoin is displaying an “overheating” signal, according to insights from crypto analytics platform CryptoQuant. With the palpable excitement from investors to bet on the coin at the moment, CryptoQuant is warning that a major correction might be ahead for the top coin. The analytics platform laid out some factors that show a correction might truly be underway for the coin. It highlighted how “the Bull-Bear Market Cycle…

Vyvo Smart Chain joins VeChain for sustainable rewards via VeBetterDAO. Track Health to earn via Vyvo Smart Chain’s heartbeat-powered blockchain. VET soars amid VeChain’s sustainability push; analysts bullish on support levels. In an exciting collaboration, Vyvo Smart Chain proudly partners with VeChain to launch VeBetterDAO, a platform poised to make sustainability mainstream. Vyvo Smart Chain stands out as the first blockchain Powered By Heartbeats, offering users the ability to track health and earn rewards. #VyvoSmartChain is proud to join @vechainofficial in the launch of #VeBetterDAO, a platform that aims to take sustainability mainstream by unlocking the value of collective sustainable…

DePIN, short for “decentralized physical infrastructure networks,” has become an increasingly popular application of blockchain and decentralized technologies. Simply put, it involves using blockchain to run and maintain decentralized networks of physical hardware, such as sensors, wireless infrastructure, energy grids, and other applications. By leveraging cryptocurrency tokenomics and blockchain technology to incentivize and coordinate the running of peer-to-peer (p2p) hardware infrastructure networks, DePIN is already being used to bootstrap and maintain real-world services. Here’s how it works. What is DePIN? DePIN uses cryptocurrency rewards to incentivize participation in physical infrastructure networks, enabling them to be built from the “ground up”…

A series of substantial purchases have been made of Ethereum (ETH), totaling over $620 million. Data from Spot On Chain reveals that in a single hour, a massive sum of 15,003 ETH was acquired at an approximate rate of $3,932, using 59 million DAI. Over the past four days, these wallets have amassed 163,295 ETH, costing around 620.7 million DAI, with an average purchase price of $3,801, resulting in an estimated unrealized profit of $24.3 million. These transactions are associated with wallets linked to PulseChain, a project with connections to the controversial figure Richard Heart, the founder of HEX and…

Dogwifhat (WIF), a dog-themed meme coin based on the Solana blockchain, has seen an impressive rally in recent weeks, reaching an all-time high of $2.23 on March 6, 2024, and entering the top 100 cryptocurrencies by market capitalization. Given the volatile and often unpredictable world of cryptocurrency, stories of missed opportunities and unexpected turns are not uncommon. The tale of one WIF developer’s near-miss with the Dogwifhat (WIF) epic rally depicts this kind of circumstance. The developer, whose identity remains undisclosed, found himself on the verge of a large windfall when the price of Dogwifhat (WIF) skyrocketed to record heights.…

Recent forecasts point unmistakably to accelerating finance digitalization. The Bank of International Settlements, a central bank association, predicts rapid proliferation of national digitial currencies (CBDCs) over the coming years, while surveys reveal institutional investors are planning to allocate billions to asset tokenization. But the immaturity of security controls is a major challenge for institutional demand. The technology underlying decentralized finance can be securely used to provide tremendous liquidity potential for asset tokenization and myriad other use cases. But, as it currently stands, there are risks stemming from the full dependency on software security and accountability issues. Smart contract vulnerabilities have…

The recent shift in ETH Net Unrealized Profit/Loss (NUPL) into the ‘Belief — Denial’ zone signals a pivotal juncture. Ethereum’s current position at this delicate threshold suggests that while confidence in its long-term value remains robust, there exists a looming caution that market dynamics could pivot. For an in-depth exploration of these factors and a strategic examination of Ethereum’s potential paths forward, delve into the complete analysis. ETH Is the Clear Winner Among the Top 10 In an analysis focusing on the year-to-date (YTD) growth of the leading 10 cryptocurrencies, excluding stablecoins and memecoins, ETH has demonstrated a remarkable increase,…

Notcoin, the viral tap-to-earn game on messaging app Telegram, announced on Thursday the launch of pre-market vouchers—NFTs that live on The Open Network (TON) that will allow high-level players to trade their future NOT tokens before the airdrop has been conducted. The minimum amount of mined Notcoin required to convert into an NFT voucher is 10 million coins, with the next-sized voucher available at 100 million coins. As such, the vouchers are only available to hardcore players that have amassed at least eight figures worth of in-game coins. Vouchers can be used to trade NOT before the token is launched,…