Author: NBTC
SEOUL, South Korea – February 2025: In a decisive regulatory move, the prominent South Korean cryptocurrency exchange Bithumb has announced the impending delisting of the Bonfida (FIDA) token, scheduled for 6:00 a.m. UTC on February 23. This significant action follows the Bonfida foundation’s failure to provide required explanatory materials after receiving an official ‘investment warning’ designation. Consequently, Bithumb’s comprehensive review concluded the project no longer satisfies the stringent criteria for continued trading support on its platform. Bithumb Delists Bonfida: A Breakdown of the Announcement Bithumb’s official notice, released in mid-February 2025, outlines a clear procedural timeline. The exchange will suspend…
The mechanics: Beyond holding shares, the platform facilitates direct competition between users based on specific player matchups. Daily head-to-head contests pit specific players against one another, such as Jaylen Brown versus Kawhi Leonard. Users predict which player will have the better stat line in a “winner take all” format. Thompson aims to deepen fan engagement by incentivizing viewers to watch live games to track their investments. The context: Thompson believes the platform caters to an online culture that wants to monetize its sports knowledge. The goal is to give users and hardcore fans a place to prove their insights exceed…
After briefly surging above $3,000 yesterday, Ethereum (ETH) has slipped back below the mark amid broader market volatility. Analysts are now assessing where Ethereum could find a bottom. Drawing on technical analysis, on-chain data, and market cycle theory, several scenarios are emerging that suggest how ETH’s next major move could unfold. Analysts Outline Bottom Scenarios For Ethereum Ethereum’s recent price action reflects the uncertainty gripping the broader cryptocurrency market, with escalating and easing geopolitical tensions driving notable volatility. According to BeInCrypto Markets data, the second-largest cryptocurrency has declined 1.67% over the past 24 hours. At the time of writing, Ethereum…
Key Takeaways Fin, founded by ex-Citadel employees, raised $17 million in Series A funding led by Pantera Capital. The capital will support the launch and expansion of Fin’s stablecoin payment platform on Solana. Fin, a startup founded by former Citadel employees, secured $17 million in Series A funding led by Pantera Capital to launch its stablecoin-powered payments product on Solana. The round will support team expansion and product development for the blockchain-based payment solution. Co-founders Ian Krotinsky and Aashiq Dheeraj are developing the payments platform to leverage Solana’s high-performance infrastructure for efficient transactions. The blockchain platform enables fast and cost-effective…
Binance, the world’s largest cryptocurrency exchange, continues its altcoin listings without slowing down. At this point, Binance has recently announced that it will list Ripple USD (RLUSD). Binance also stated that it will open trading for RLUSD on January 22, 2026 at 08:00 (UTC) for some spot trading pairs. Binance also announced a zero-fee campaign for the RLUSD/USDT and RLUSD/U trading pairs to celebrate the listing. “Binance will list Ripple USD (RLUSD).” Trading will open for RLUSD/USDT, RLUSD/U, and XRP/RLUSD spot trading pairs on January 22, 2026, at 08:00 (UTC). To celebrate the launch, Binance is launching a zero-fee campaign…
The Sui blockchain network announced a groundbreaking achievement on December 15, 2024, revealing its capacity to process hundreds of thousands of transactions per second following the successful implementation of its Mysticeti V2 consensus engine. This technological breakthrough represents a significant milestone in blockchain scalability, potentially reshaping the landscape for decentralized applications and financial systems in 2025 and beyond. The network’s official communication via X platform detailed not only the remarkable transaction throughput but also the achievement of sub-second block finality, addressing two critical challenges that have historically constrained blockchain adoption. Sui Blockchain’s Mysticeti V2 Architecture Explained Mysticeti V2 represents the…
Ethereum, the smart contract blockchain, now handles more daily activity than its cheaper side chains, called Layer -2 networks. But this comeback has a catch – not all of that Ethereum activity appears to reflect genuine user demand. The number of daily active addresses on Ethereum climbed toward the 1 million mark earlier this month, briefly peaking above 1.3 million on Jan. 16 before settling closer to 950,000, according to data source Token Terminal. That puts Ethereum ahead of popular scaling networks such as Arbitrum, Base and OP Mainnet, reversing much of the narrative that users had permanently migrated off…
Coinbase Global Inc. got a welcome jolt Wednesday afternoon as Bitcoin sprang back above $93,000 — a reminder that Coinbase and the world’s largest cryptocurrency remain a co-dependent duo. Summary Coinbase shares climbed on Wednesday as Bitcoin surged back to just under $94,000. Despite a recent downgrade, bullish sentiment remains, boosted by strong Q3 earnings and continued buying from Cathie Wood’s Ark Invest. Crypto-linked stocks are rebounding from a broader market pullback. The stock closed at $276.92 per share on Wednesday, up over 5%. The logic is simple: when Bitcoin rallies, people trade more. When people trade more, Coinbase earns…
Connecticut Indian tribes said in an amicus brief that prediction market operator Kalshi has used its business to “siphon” money away from their casinos. Kalshi sued the Connecticut Department of Consumer Protection in December 2025 in response to what it describes as the regulator “threatening Kalshi with imminent criminal and civil penalties for offering [event contracts].” Just before the lawsuit was filed, Connecticut had ordered Kalshi, Robinhood, and Crypto.com to halt their “unlicensed” online gambling. A notice from the state regulator said cease-and-desist orders had been sent to each of the three prediction market operators, demanding they stop offering “sports…
In a significant move for cryptocurrency infrastructure, Alchemy Pay has secured a Money Transmitter License (MTL) from the state of Nebraska, marking a pivotal expansion of its legally compliant payment network within the United States as of early 2025. This strategic authorization now brings the total number of U.S. states where the fintech provider holds an MTL to 14, solidifying its position as a growing bridge between digital and traditional finance. Consequently, this development underscores the ongoing maturation of crypto payment rails within a complex, state-by-state regulatory framework. Alchemy Pay’s Nebraska License: A Strategic Regulatory Milestone Alchemy Pay’s acquisition of…