Author: NBTC

Magic Square launches $750K Engage-To-Earn campaign: 1.5M $SQR tokens up for grabs. Participants engage with the Magic Square platform to earn rewards based on involvement. The initiative underscores Magic Square’s commitment to web3 innovation and community growth. In a bold move to redefine community engagement and investment in the web3 realm, Magic Square, the web3 app store backed by Binance Labs, has introduced an Engage-To-Earn campaign featuring a substantial $750,000 prize pool in $SQR tokens. The campaign, set to commence on February 12, aims to reward active members and enhance the value proposition for $SQR token investors. Magic Square’s Co-Founder…

Bitcoin maximalist Max Keiser has taken to the X/Twitter network to target his critique at XRP once again, claiming that the coin will collapse in the future against Bitcoin. Max Keiser slams XRP, predicting price crash Keiser has once again taken to criticizing the Ripple-affiliated cryptocurrency XRP, calling it “centralized garbage.” Keiser added that XRP “goes to zero against Bitcoin.” That was his answer to a question from a crypto community member, who asked that if “governments are buying Bitcoin with fiat, who is to say they don’t with XRP?” BECAUSE . . . It’s widely understood that XRP is…

Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second inscription on the Bitcoin blockchain had been sold for 24.48 BTC (over $1.1 million), predicting that more sales will beat this record in the short term. Inscriptions Market Registers Biggest Sale to Date: 24.48 Bitcoin Ordinal inscriptions, a protocol that allows the representation of images and other data directly on top of the Bitcoin blockchain, are breaking sales records. Leonidas, the founder of ord.io, an inscriptions browser/ explorer,…

Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British Billionaire Alan Howard, raised $70m in May 2022. The Series A round, co-led by Goldman Sachs and early-stage venture fund Dawn Capital, raised its valuation to $500m. Barclays, Citi, and Two Sigma are among other TradFi heavyweights backing Elwood. Galaxy Digital, Chimera Capital, and DCG also back the firm. Elwood, initially created to manage Howard’s crypto wealth, offers a full Software-as-a-Service (SaaS) platform. It…

Stephen Findeisen, better known as Coffeezilla, has taken aim at a Shiba Inu commercial that debuted at a blockchain conference. The commercial portrays a shift from Shiba Inu’s meme coin roots to a more serious futuristic role. Coffeezilla warns about the meme coins attempting to rebrand and adopt more substantial roles within the crypto ecosystem. Coffeezilla Critiques Shiba Inu’s Rebranding Moves The contentious Shiba Inu commercial features a narrative where a couple’s conversation about the importance of self-custody and the transition of Shib from a meme coin to a “whole society” sets the stage. Consequently, Coffeezilla, known for his critical…

Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering miners with near-instant access to their earnings. Using the Lightning Network, Titan Lightning facilitates direct on-chain disbursement of rewards to miners’ non-custodial wallets after every new block discovery on the Bitcoin network. This departs significantly from delayed payouts associated with custodial mining pools. Titan Mining CEO Ryan Condron explained, “At Titan, we believe in empowering miners worldwide. The Titan Lightning solution offers immediate access to mining rewards, enhancing liquidity and putting control back in the hands of miners.” The…

Blast mainnet launch sparks anticipation in Ethereum’s Layer 2 ecosystem. Controversy arises over Blast’s bridge and incentive model framing. Ethereum Layer 2 network, Blast, celebrated the launch of its mainnet on Thursday, marking a milestone in its journey. The platform, boasting assets including approximately 469,000 ETH, 77.3 million USDC, 67.1 million USDT, 148,000 stETH, and 24.7 million DAI, is now allowing users to withdraw their funds, according to data from a Dune Analytics dashboard. The Blast Mainnet is NOW LIVEEarly Access users can bridge to Mainnet and use Blast-native Dapps that don’t exist anywhere else👇 pic.twitter.com/mt5dJOADMp — Blast (@Blast_L2) February…

Uniswap, the world’s largest decentralized exchange, is apparently a top burner of Ethereum, with a staggering 9,001 ETH incinerated from the circulating supply in the last 30 days. This activity firmly positions Uniswap as a key player in the Ethereum ecosystem, not just in terms of volume but also in influencing the coin’s scarcity. The mechanism behind Ethereum’s burn is a recent upgrade known as EIP-1559, which introduced a transaction fee burn for every operation made on the network. Uniswap, as the leading DEX, handles a massive volume of transactions, naturally leading to a higher rate of ETH being burned.…

On January 24, Binance, a blockchain ecosystem and cryptocurrency service provider, conducted surveys in France, Spain, Italy, and Sweden to explore the habits of European crypto users. The initiative provides an in-depth examination of the preferences and behaviors of the European crypto community. According to the survey findings, a noteworthy trend emerges, indicating that 73% of respondents express optimism regarding the future of cryptocurrencies, as per information shared with Finbold. Additionally, 55% of participants exclusively engage with digital assets, showcasing a significant reliance on these financial instruments within the surveyed demographic. Rachel Conlan, CMO of Binance, said: “We are delighted…

Discover how many Dogecoins are there and their impact on the crypto market. Explore the unique, uncapped Dogecoin supply and its global spread. In the last few years, cryptocurrency has taken the world by storm, offering a plethora of digital currencies from the well-known, such as Bitcoin (BTC) and Ethereum (ETH), to the more niche and whimsical, such as Dogecoin (DOGE). In this article, we delve into the specifics of Dogecoin, addressing the fundamental question; how many Dogecoins are there? Dogecoin: a brief history Before plunging into the numbers, let’s revisit the origins of Dogecoin. Launched in 2013 by software…