Author: NBTC
Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of Iraq and al-Sham (ISIS), which has been designated a terrorist organization by the United Nations and others. The charges stemmed from his actions between October 2019 and October 2022, during which he raised funds to assist female ISIS members in Syria. Guilty of Financing ISIS Operations In an official press release, the United States Department of Justice (DOJ) revealed that Chhipa’s efforts included financing the escape of women from prison camps and supporting ISIS fighters. He also collected…
Cryptocurrency exchange’s mining platform Binance Pool has announced the launch of merged mining support for Junkcoin (JKC) and Pepecoin (PEP). Binance Pool Introduces Merged Mining for Junkcoin and Pepecoin This new feature allows miners to mine Litecoin (LTC) while also earning rewards in multiple cryptocurrencies, including LTC, Dogecoin (DOGE), Bellscoin (BELLS), Luckycoin (LKY), Junkcoin (JKC), and Pepecoin (PEP). Merged mining, also known as auxiliary proof of work (AuxPoW), allows miners to process transactions for multiple blockchains with a single computational effort. This increases efficiency and provides the opportunity to maximize earnings by mining additional coins alongside primary coins like Litecoin.…
FOMO, a cutting-edge platform for creating AI Agent tokens, has announced a new partnership with the iMe Smart Platform, a platform for chating and a crypto wallet too. This important news was shared via iMeofficial X account. This marks a significant step for both the platforms. 😍 iMe also loves AI🤝 We are excited to announce our new partnership with @Fomodotfund!🔥 FOMO is a cutting-edge platform that makes AI Agent token creation simple and accessible. With FOMO, you can easily customize your AI agent and create your own community token. 🚀… pic.twitter.com/ZYES9mHnVu — iMe Smart Platform (@iMePlatform) December 23, 2024…
Arkham Intelligence data shows the El Salvadoran government has stayed on course for its “1 Bitcoin a day” investment strategy, accumulating a total of 5.955K BTC on its portfolio. Bitcoin’s price moved past the $100,000 mark in the early hours of Thursday, an event that put El Salvador President Nayib Bukele in a “delightful” mood. According to blockchain data tracker firm Arkham Intelligence, El Salvador is holding Bitcoin (BTC) worth over $610.5 million. The country, which became the world’s first country to adopt Bitcoin as legal tender in 2021, has seen its cryptocurrency portfolio surge in value as BTC broke…
Charles Hoskinson, the founder of the Cardano blockchain, criticized Ethereum researchers for failing to study the project’s advancements over the last seven years. His comments came after Ethereum researcher Justin Drake discussed Cardano’s security in an interview on the Paul Barron Network, a crypto-focused podcast. Drake claimed that Cardano’s consensus mechanism, Ouroboros, poses risks because it lacks penalties like slashing, where validators lose part of their staked cryptocurrency for malicious behavior. According to Drake, this allows attackers to act without consequences. Hoskinson refuted these claims in a post on X (formerly Twitter), stating that Ouroboros provides strong security without relying…
Speculations started swirling around when a well-known crypto voice on X, @WallStreetMav posted on X, stating that FTX founder Sam Bankman-Fried may receive an early pardon under Biden administration. To this post, Elon Musk, the owner of X and CEO of Tesla, posted his views on the situation which has sparked a debate within the community. Sam Bankman-Fried, the founder of FTX, faced a great amount of scrutiny after the exchange collapsed. The founder is also known to be the second largest donor to the Democrats. The founder and his team members donated almost $70 million during the midterm elections…
Binance has announced its 63rd project on Launchpool with the introduction of Bio Protocol (BIO), a curation and liquidity protocol designed to support the emerging field of Decentralized Science (DeSci). Binance Launchpool Unveils Bio Protocol (BIO): A DeSci Liquidity Innovation The initiative offers users the opportunity to farm BIO tokens by locking Binance Coin (BNB) and FDUSD. Launchpool Farming Details Start Date: December 24, 2024, 03:00 Duration: 10 days (until 02:00 on January 3, 2025) Airdrop Rewards: Users who lock BNB and FDUSD will receive BIO tokens as rewards. Listing and Trading Binance will list BIO on January 3, 2025…
Cryptocurrency analyst Benjamin Cowen is leaning bullish on Bitcoin (BTC) as the flagship digital asset hovers above $100,000. Cowen tells his 836,000 YouTube subscribers that if Bitcoin follows the cyclical view of booms and busts that come after the halving event every four years, BTC “could get one more push higher before the end of the year.” According to the widely followed analyst, a lower or an unchanged US unemployment rate could be bullish for Bitcoin. “So in order for Bitcoin to continue to push higher though into the end of the year and continue to follow the cyclical view…
Crypto wallets connected to the Trump family-supported World Liberty Financial project purchased millions of dollars worth of various major tokens early Thursday, causing their prices to rocket. World Liberty Financial is a unified platform where users can borrow and lend cryptocurrencies, create liquidity pools and transact with stablecoins. WLFI serves as a governance token for the platform. President-elect Donald Trump is “chief crypto advocate” of the project. Two of his sons, Eric and Donald Trump Jr., are “web3 ambassadors,” while Barron holds the title of “DeFi visionary.” Data shows the project purchased $10 million in ether (ETH), and $1 million…
The South Korean government wants to amend its Foreign Exchange Transactions Act. The amendment would require virtual assets service providers (VASPs) involved in cross-border transactions to register under the new Act and submit monthly reports of individual users’ transaction details to the Bank of Korea. According to reports, Choi Eun-Seok, a member of the National Assembly from the People Power Party (PPP), sponsored the amendment bill, citing the need to combat crypto-related money laundering and foreign exchange crimes in the country. Choi’s proposal centers on creating a system to monitor crypto transactions. Meanwhile, the lawmaker believes the rise of illegal…