Author: NBTC
Hackers who stole $50 million from “next-gen stablecoin neobank” Infini earlier this year are actively using Tornado Cash to launder millions, even as the US trial against the crypto mixer and its founder, Roman Storm, continues to unfold. Roughly $10 million worth of ether (ETH) stolen from Infini was sent to Tornado Cash today, while over 1,700 ETH was swapped for roughly 5.9 million DAI. It’s another example of cybercriminals laundering their funds with the crypto mixer built with privacy in mind. One hacker behind a separate $12 million exploit sent some of the stolen funds to Storm’s legal funds,…
Swan Chain processes Filecoin’s Commit2 zk-SNARKs using GPU-powered off-chain computing for efficient sealing proof validation. The zk-UBI Pool distributes zk-SNARK workloads to providers, enabling scalable Filecoin computation with automated task assignment. Behind the decentralized data storage process, which is said to be “perpetually undeletable,” there’s actually some serious backend work. One of them: sealing. And it’s at this point that Swan Chain emerges as a new player, helping complete Filecoin’s Commit2 process, using zk-SNARK technology. In short, Swan is helping Filecoin with its heavy lifting—but doing it off-chain. Swan’s zk-UBI Pool Turns Heavy Proofs Into Shared Workloads Uniquely, this process…
Michael Saylor, a major Bitcoin supporter and the head of the BTC-powered company Strategy, has taken to his official X account to comment on today’s BTC price surge to top the $108,000 level. Saylor published a tweet which contains an AI-generated image of himself wearing a suit with an orange tie (orange is the color associated with Bitcoin). He looks like a driver that is about to start off, and he invites everyone to jump in and go with him: “Get in the car,” the tweet stated after Bitcoin price soared. Get in the car. pic.twitter.com/h4ks90tB4p — Michael Saylor (@saylor)…
The world of digital assets is constantly buzzing with activity, but few announcements capture attention quite like those involving prominent figures. Recently, the cryptocurrency community has been keenly observing the movements of World Liberty Financial (WLFI), a crypto project that has garnered significant interest due to its association with the Trump family. In a move that underscores a clear and aggressive digital asset strategy, WLFI has once again made headlines with a substantial acquisition of Ethereum. What’s Behind WLFI’s Latest Ethereum Investment? Just hours ago, blockchain analytics firm Lookonchain reported a significant transaction: World Liberty Financial (WLFI) purchased an additional…
In a big step for cryptocurrency adoption, the U.S. government has made a surprising move in the housing market. The Federal Housing Finance Agency (FHFA) has officially ordered Fannie Mae and Freddie Mac, two of America’s biggest government-backed mortgage companies, to start recognizing cryptocurrency as an asset when people apply for home loans. On social media platform X (formerly Twitter), FHFA Director Bill Pulte announced this decision. He explained that after careful study, and in line with President Trump’s goal to make the U.S. the crypto capital of the world, both Fannie Mae and Freddie Mac must now prepare their…
An official collaboration has occurred between Crypto.com and the Algorand Foundation (ALGO). ALGO integrates into Crypto.com to maintain its on-chain staking service through the main app. This advancement is a remarkable step forward in expanding user rewards along with a decentralized finance utility. Algorand staking is now live on @cryptocom.Head to the @cryptocom app to begin your staking journey today. pic.twitter.com/zLJFfiScLv — Algorand Foundation (@AlgoFoundation) July 1, 2025 Through this groundbreaking step, the users are empowered to earn passive income while staking ALGO seamlessly. ALGO is one of the high-profile assets presented to the expanding staking ecosystem of Crypto.com. Algorand,…
Crypto ethics reform is accelerating as sweeping legislation gains traction to block federal officials from cashing in on digital assets, igniting major momentum in Washington’s crackdown. Momentum Builds for Crypto Ethics Reform as Lawmakers Target Official Conflicts Efforts to restrict crypto involvement by federal officials are gaining steam, as lawmakers expand support for ethics-focused legislation amid scrutiny of digital asset conflicts. U.S. Representative Jimmy Panetta (D-CA) announced on July 16 his co-sponsorship of two proposals aimed at tightening rules around cryptocurrency activity by sitting officials. The Modern Emoluments and Malfeasance Enforcement (MEME) Act, introduced by Rep. Sam Liccardo, and the…
Spheron Network, a well-known decentralized cloud-computing forum leveraging GPU resources, has commenced a new collaboration with Datagram, and L1 and DePIN developed on C-Chain of Avalanche. The partnership aims to revolutionize the real-time infrastructure as well as DePIN deployment. The platform took to its official X account to share the details of this exclusive development. Partnership Alert 👇Say hello to @DGramNetworkDatagram is building a Hyper Fabric Network for real-time apps & DePIN deployments, and now, they’re tapping into @SpheronFDN’s decentralized GPU power to scale faster, smarter, and cheaper.🟢 4x cheaper decentralized GPU compute… pic.twitter.com/8t9AoiTAHu — Spheron Network (@SpheronFDN) July 20,…
Bitcoin is trading at $106,724, reflecting a resilient uptrend amid considerable intraday volatility. With a market capitalization of $2.117 trillion and a 24-hour trading volume of $37.43 billion, bitcoin fluctuated within a tight range between $104,386 and $108,035. Bitcoin In the daily timeframe, bitcoin continues to uphold a strong bullish structure, having rallied from approximately $83,100 to a recent high of $108,035. Price action shows tight consolidation just below resistance at $108,500, suggesting potential accumulation. The relative strength index (RSI) at 71 and the Stochastic at 91 signal overbought conditions, urging caution among momentum traders. However, with exponential moving averages…
Ethereum (ETH) rallied to a five-month high, breaking above $3,600 on track to recover a higher price range. As the coin enters an official bull market, corporate buyers are once again in the spotlight for their approach to holding ETH for the long term. Ethereum treasury companies appeared first during the period of slow accumulation, while ETH was still hovering under $2,800. The ETH treasury announcements also broke the pattern of BTC treasury companies, tapping an asset with an even bigger upside potential. ETH treasuries may also open the door to accumulating other altcoins, reviving assets from older cycles and…