Author: NBTC

An X user under the name @RuggRat_X has published a post to express concerns about the recent silence from the $SHIB team and the changes in its structure. According to his tweet, one of the $SHIB Telegram channel admins has been excluded from the team, with no reason for that revealed. @RuggRat_X seems to be speaking not only for himself but for the whole $SHIB community that is concerned about the lack of updates on Shibarium and the overall silence of the $SHIB team. “Shibarium silence. What’s really going on?” According to the tweet, the X user is concerned about…

Australia’s future account-to-account (A2A) payment systems may need to adapt if tokenized forms of money gain broader use, including stablecoins and tokenized liabilities, according to a draft vision for the country’s domestic payment rails. The draft, co-developed by the Account-to-Account Payments Roundtable, which includes AusPayNet, Australian Payments Plus, the Reserve Bank of Australia and the Commonwealth Treasury, identifies digital assets as one of several external forces that could affect future A2A payments. “Tokenised forms of money, such as stablecoins and tokenised liabilities, are moving from experimentation to adoption,” the draft said, adding that the shift reflects a move toward programmable,…

The European arm of global cryptocurrency exchange KuCoin has hired anti-money laundering (AML) and compliance expertise in a bid to appease its regulator, which recently demanded the exchange halt business in Europe due to a staffing shortfall. KuCoin EU, which holds a Markets in Crypto Assets (MiCA) license from Austria’s FMA, appointed Carmen Kleinhans as anti-money laundering officer (AMLO), alongside the expansion of its broader AML function, the company said in a press release on Wednesday. The exchange also hired Austrian compliance veterans Stephan Klinger and Bernd Träxler as deputy anti-money laundering officers. KuCoin EU Managing Director Sabina Liu said…

Google’s Quantum AI team recently issued an interesting warning to the cryptocurrency industry, noting how the mathematical foundation securing Bitcoin and most other digital assets may be far more vulnerable to quantum computers than previously believed. In a recent research blog post, Google said the quantum resources needed to attack the elliptic curve cryptography used across cryptocurrencies may be far lower than older estimates suggested, and it may be time for blockchain projects, especially Bitcoin, to take action against this impending risk. Google’s Warning Puts Bitcoin’s Cryptography At Risk Google’s warning is based on elliptic curve cryptography, which is the…

Ethereum price is sitting near a major decision area, with charts showing resistance at $2,413 and deeper support near $1,725. A clean breakout from the current trendline zone could shift focus toward $3,200, while rejection would keep $ETH inside its wider range. $ETH Price Stalls Between $2,413 Resistance and $1,725 Support $ETH remains trapped inside a wide decision zone, according to the 2 day $ETH/USDT chart shared by EliZ. Price trades near $2,261, while the main resistance sits at $2,413 and the lower support stands near $1,725. $ETH Macro Range Chart. Source: EliZ The chart shows $ETH pressing against a…

Cypherpunk Technologies (Nasdaq: CYPH) announced a $5 million investment in Zcash Open Development Lab (ZODL). Cypherpunk Technologies is a privacy-focused digital asset investment company. The deal marks the firm’s first technology investment outside direct holdings of $ZEC. ZODL, a Zcash development and wallet infrastructure startup, was founded by former Electric Coin Company CEO Josh Swihart. Electric Coin Company is the original developer behind the Zcash protocol. Swihart and several former team members joined the new organization to continue building tools for the privacy-focused cryptocurrency network. The group previously created the Zashi wallet, a simple mobile wallet designed for Zcash users.…

Zcash ($ZEC) is a wager that the rise of AI surveillance will make financial privacy more valuable, and the crypto market is underpricing that possibility, according to asset manager Grayscale. “Zcash is nearly 10 years old but may be entering a new chapter. Use of its shielding technology is increasing, and new capital is entering the ecosystem to support wallet development and Zcash mining,” analyst Michael Zhao wrote in a Friday report. $ZEC is a privacy-focused cryptocurrency that uses zero-knowledge proofs to hide transaction details, allowing users to shield the sender, receiver and amount, while still verifying transfers on a…

South Korean prosecutors are pushing for a 20-year prison sentence against Delio CEO Jung Sang-ho. Jung is accused of embezzling about 250 billion won or $181.5 million in customer funds before the platform abruptly froze withdrawals in June 2023, leaving thousands of investors unable to access their money. Delio’s legal team denies wrongdoing Delio marketed itself as a high-yield crypto platform, offering returns of up to 10.7% on deposits of bitcoin, ether and other tokens. It appeared to be a stable way to earn passive income for many people. But the company was far more fragile, according to prosecutors. A…

Visa (V) is expanding its stablecoin push by adding support for five more blockchains as it leans into a multichain approach to global payments. The payments giant said Wednesday its stablecoin settlement pilot now spans nine networks and has reached a $7 billion annualized run rate, up 50% from the prior quarter. The program lets issuers and acquirers settle transactions using stablecoins instead of traditional banking rails. The newly supported blockchains are Coinbase’s Base, Polygon, Canton Network, Circle’s Arc and Stripe-backed Tempo, joining existing integrations with Ethereum, Solana, Avalanche and Stellar. Visa’s move comes as stablecoins — cryptocurrencies with prices…

Bitcoin miner Riot Platforms sold 3,778 Bitcoin in the first quarter, adding to a recent wave of sales by crypto firms amid tough market conditions. The Bitcoin (BTC) was sold at an average price of $76,626, netting Riot $289.5 million, according to the miner’s operational update released on Thursday. Bitcoin was trading at $66,867 as of Friday. The miner produced 1,473 Bitcoin for the quarter and had 15,680 coins on its books at the end of Q1. Blockchain intelligence platform Arkham also flagged a 500 Bitcoin outflow from a wallet it attributed to Riot Platforms on Thursday. It adds to…