Author: NBTC
In Xiamen, China, December 2024, a publishing house employee’s desperate cryptocurrency gamble with stolen company funds culminated in a prison sentence, highlighting the dangerous intersection of workplace fraud and volatile digital asset markets. This case represents a growing pattern of financial crimes where perpetrators target traditional institutions to fund speculative crypto investments. Prosecutors in Fujian province recently detailed how an employee identified as Guo misappropriated 1.53 million yuan (approximately $214,000) through QR code manipulation before losing everything in cryptocurrency trading. The subsequent court ruling delivered a clear message about the consequences of such financial misconduct in China’s strictly regulated environment.…
In a recent tweet, Coinbase announced that the chain integration on the Solana network is now 100% complete. This integration now allows users to trade millions of Solana tokens on Coinbase. Users in the U.S. (excluding NY) and Brazil can now trade Solana tokens through Jupiter inside the Coinbase app. Coinbase CEO Brian Armstrong shares this news with the crypto community, adding that millions of Base and Solana tokens can now be traded on Coinbase without waiting for a listing. Now you can trade millions of @base and @solana tokens on Coinbase, without waiting for a listing. https://t.co/dBwDhSdlco — Brian…
Galaxy Head of Research Alex Thorn draws attention to an Ethereum/Bitcoin signal, which went unnoticed on the market, possibly due to the optimism with which cryptocurrencies began the year 2026. Thorn highlighted a death cross on the ETH/BTC daily chart, adding that this mostly went unnoticed. Digital assets had seen a seemingly promising start to the year, after ending 2025 in a malaise. Ethereum itself rose past $3,000, while Bitcoin rose near $98,000; several altcoins also saw significant gains.However, this reversed, with several cryptocurrencies trading in red at press time and a handful of altcoins nursing sharper weekly losses. ETH/BTC…
A federal court entered a final consent judgment last week against Matthew Motil, the Ohio-based host of “The Cash Flow King” podcast, bringing closure to an SEC enforcement action that began in September 2023. Motil operated a nearly four-year fraud that pulled in more than $11 million from over 60 investors scattered across the United States. The 42-year-old sold promissory notes he claimed were backed by first-position mortgages on residential properties throughout Ohio. He advertised himself as a self-made real estate entrepreneur who helped “hundreds of investors throughout the world to create massive wealth through real estate” through his website…
Cache Wallet, a prominent multi-chain crypto wallet, has partnered with MeloBoom, a community-first Web3 entity. The partnership focuses on merging robust wallet infrastructure and unique participation models, delivering enhanced consumer experiences on decentralized platforms. As Cache Wallet mentioned in its announcement on social media, the development attempts to minimize entry barriers for crypto users looking to delve into multi-chain environments. Additionally, the move also reflects a wider push toward more user-friendly and safer adoption. Partnership Announcement 🚨@MelosBoom 🤝 @CacheWalletCache Wallet is partnering with MelosBoom, a Web3 project focused on community-driven engagement, rewards, and ecosystem growth through innovative incentives and interactive…
ETH is starting to roll over after failing to hold above key resistance, and the tape is turning heavy. Price has broken back down after an early-month push higher, putting a bearish structure back in play. While longer-term holders are still providing some support, growing sell-side pressure and weak broader market conditions are putting that bid to the test. Can Ethereum LTHs Prevent A Breakdown? On-chain data shows long-term Ethereum holders are still largely in accumulation mode. The HODLer Net Position Change has printed steady green bars since late December, signaling reduced distribution and continued accumulation from stronger hands. This…
Amazon is stepping deeper into the AI arms race with the release of Trainium 3, a chip designed to rival Nvidia’s dominant GPU hardware. The new chips, available through Amazon Web Services (AWS), promise a fourfold increase in training speed over the previous version, while maintaining the same energy footprint. The move will put the tech giant in competition with Google and Nvidia as the scramble for infrastructure heats up. Each cluster of Amazon’s new “UltraServers” can run up to 144 Trainium 3 chips, positioning them to handle large-scale language model training and other compute-heavy tasks. The launch is part…
Input Output Global CEO Charles Hoskinson recently attacked Ripple CEO Brad Garlinghouse over his support for the Digital Asset Market Clarity Act (referred to as the CLARITY Act). “He’s being principled. That’s genuine passion and concern. He got into the space as a cypherpunk from the early days. He’s trying to support what this technology was meant to be about and for,” he said. Some XRP community members have criticized Hoskisnon for “crashing out,” but there were also those who were also those who have sided with the Hoskinson has expressed deep skepticism regarding the passage of the bill. His…
New VeChain-based app Wattly rewards users with tokens for reducing their device use. Americans look at their phones 200 times every day; 46% admit that they are addicted to their devices. Wattle, a new app built on the VeChain blockchain, is joining the growing digital wellness market, rewarding users for cutting back on their phone use. Rising screen time has become a growing global concern, with health experts pointing to increased health problems. Wattly’s blockchain-based solution tracks reduced device use and compensates participants with tokens on the VeChainThor network. According to a new study by Reviews.org, Americans check their phones…
Let’s say an investor has a house in Switzerland and a beach house in Miami. They’re worth, perhaps, $10 million. But what they are really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes film festival and a few upgrades to the yacht. In traditional finance, they might be able to approach their bank and use those assets to secure a flexible, short-term loan. However, if a substantial part of the investor’s assets is in crypto, it’s likely much harder. And it seems there are a…