Author: NBTC

The restructuring officers and bankruptcy attorneys working for the defunct digital asset trading platform FTX were called out on social media platform X (formerly known as Twitter) for placing a sell wall at the $130–$140 price range for its Solana (SOL) holdings. As per crypto commentator and the host of ‘Crypto Traders Club Space’, Marty Party over 350,000 SOL tokens have been stacked up on the world’s largest crypto exchange by trading volume, Binance. The crypto enthusiast called out the lawyers and executives of the exchange, stating that they are even bigger scammers than Sam Bankman-Fried (SBF) in the digital…

Ethereum co-founder Vitalik Buterin recently drew attention to the predicted cost of “blobs” on the Ethereum network, highlighting potential economic ramifications. Blobs, introduced by Ethereum Improvement Proposal (EIP) 4844, are data bundles roughly 125 kilobytes in size that can be attached to transactions. Buterin compared current data transmission costs on Ethereum with projections from Polymarket, a prediction market platform. According to current gas prices, transmitting 125 kB of data (calldata) costs approximately 0.06 ETH. In contrast, Polymarket forecasts the price of blobs to be around 0.001 ETH. This significant disparity suggests that EIP-4844, if implemented, could drastically reduce data storage…

Total crypto assets under management (AUM) soared by 27% to $65.66 billion in February, driven by rising Bitcoin prices and growing adoption of Spot Bitcoin ETFs in the US. CCData’s latest monthly report, released Monday, revealed that average daily trading volumes continued to rise in the past month, jumping nearly 15% to $1.8b. “This rise, while more modest compared to January’s surge, underscores a consistent upward trend and robust investor engagement, largely attributed to the enthusiastic market response to ETFs in the US,” the report said. By Feb. 26, inflows into Spot Bitcoin ETFs amounted to $6.03b, while Grayscale experienced…

Blockchain transparency is a bug. Transparency isn’t a feature of decentralization that is truly needed to perform on-chain transactions securely — it’s a bug that forces Web3 users to expose their most sensitive financial data to anyone who wants to see it. Several blockchain marketing tools have emerged over the past few years, allowing marketers and salespeople to use the freely flowing on-chain data for user insights and targeted advertising. But this time, it’s not just behavioral data that is analyzed. Now, your most sensitive financial information is also added to the mix. Web3 will never become mainstream unless we…

Binance Futures announced the launch of two new perpetual contracts in an effort to diversify trading options and improve user experience. Binance Futures Lists MYROUSDT and 1000PEPEUSDC up to 50x MYROUSDT and 1000PEPEUSDC These contracts are planned to go into effect on March 5, 2024 at 11:30 and on March 7, 2024 at 11:30, respectively, and offer investors the opportunity to use up to 50 times leverage. Qualified liquidity providers trading USDⓢ margin futures will be eligible for a 0.005% maker fee discount for trades executed on the MYROUSDT Perpetual Contract over a period of approximately 14 to 15 days.…

In a move towards full transparency, tech pioneers Conrad Lewis and Luke Appleton have revealed that their co-founded software development company Orbit Cosmos is the brains behind in-development blockchain game, Pikamoon. Although a formality on surface, such move signals the company’s commitment to transparency, accountability, and accessibility when developing a blockchain gaming empire destined for millions of users. “With unshakeable self-belief as our guiding light, fuelled by our development team’s relentless pursuit of excellence, we’re forging ahead with unwavering determination and unparalleled hard work to propel our vision into a billion-dollar reality. We’re not just building a company; we’re architecting…

Crypto supporter Donald Trump has received clearance from the US Supreme Court to contest the 2024 US elections. According to a Wall Street Journal report, Donald Trump’s name was added back on Colorado’s ballot by the Supreme Court. Trump’s election run nod also comes at a time when Bitcoin prices have hit the much-waited milestone of $65,000. This has kept crypto markets bullish. Donald Trump Gets Clearance for 2024 US Elections The WSJ report further highlighted that after holding that states cannot bar presidential candidates from being elected because they participated in an act of rebellion or insurrection against the…

On March 13, Ethereum is set to undergo its latest network upgrade, Dencun. While the event has certainly stirred excitement among the network’s die-hard tech enthusiasts, it has generated relatively little mainstream buzz in contrast to the 2022 merge, which transitioned Ethereum to the more energy-efficient proof-of-stake model. Make no mistake, though: According to the developers responsible for running the largest layer-2 networks built atop Ethereum, Dencun will constitute a seismic event in the blockchain’s history—one poised to make gas fees a thing of the past on scaling networks, and usher in a new era of possibility for on-chain development.…

zkLink Labs has released zkLink Nova, a groundbreaking Aggregated Layer 3 zkEVM Rollup network. This is a major Ethereum blockchain advancement. This new idea could transform Ethereum by solving important issues like fragmented liquidity and limited interoperability that have arisen since Layer 2 rollups became popular. Introducing @zkLinkNova, Ethereum’s first Aggregated Layer 3 zkEVM Rollup that aggregates liquidity from any rollup using any L2 tech stack.🌐 Developers can now deploy Solidity smart contracts on Nova and access liquidity and native assets from every ZK & OP Layer 2!🚀The… https://t.co/PCBCgGg1PF pic.twitter.com/9f3O7hW13O — zkLink | Aggregated Rollup (ETHDenver ✈️) (@zkLink_Official) March 3,…

Coinbase, recognized as the largest US cryptocurrency exchange, has recently faced scrutiny following two significant outages within a single week as the Bitcoin price climbs higher. These issues have stirred unease among its users. As Bitcoin approached its all-time high, nearing the $69,000 mark, some Coinbase users experienced alarming display issues, with their account balances erroneously showing zero. Coinbase Struggles Second Round of Outages and Errors This glitch, predominantly a display error, affected a “small subset of users,” according to a Coinbase spokesperson. Despite the concern it raised, the exchange assured that the assets of those affected were secure. “Monday’s…