Author: NBTC
Friedrich Merz leads Germany’s election with a pro-business agenda that could indirectly benefit crypto and fintech sectors. Alice Weidel’s AfD proposes radical crypto deregulation, challenging Germany’s traditional financial stability approach. Germany’s upcoming federal election on February 23, 2025, could mark a turning point in the nation’s approach to cryptocurrency and financial innovation. Friedrich Merz, leader of the center-right Christian Democratic Union (CDU), leads the race with a pro-business and innovation-driven platform. His main rival, Alice Weidel of the far-right Alternative for Germany (AfD), advocates for aggressive crypto reforms and full deregulation of digital assets. With Germany’s influential role in European…
North Korean hackers have started laundering stolen Bybit funds, with blockchain intelligence firm Elliptic tracking over $140 million in initial transactions designed to obscure the money trail. The stolen funds are being systematically moved through anonymous exchanges before being converted to Bitcoin, a process that makes it harder to trace and recover the assets, the firm wrote in a blog post on Saturday. “The second step of the laundering process is to ‘layer’ the stolen funds in order to attempt to conceal the transaction trail,” Elliptic wrote. “This transaction trail can be followed, but these layering tactics can complicate the…
Hedera has inked important partnerships to track Carbon emissions in the automobile industry. With Hedera gaining traction in the mainstream tech sector, the impact on HBAR might be resounding in the future. Hedera (HBAR), a popular decentralized open network, continues to increase its involvement in real-world adoption. In a recent development, Hyundai and Kia unveiled the Integrated Greenhouse Gas Information System (IGIS), a cutting-edge innovative platform. Hedera Enhance Hyundai and Kia’s IGIS The IGIS platform is designed to monitor, quantify, and manage carbon emissions across Hyundai Motor and Kia’s operations, leveraging blockchain technology for data management. Notably, IGIS is integrated…
The head of Australia’s competition regulator warned that US President Donald Trump’s pledge to relax crypto regulations could lead to “horror scenarios” for Australian consumers by making them more vulnerable to investment scams. Gina Cass-Gottlieb, chair of the Australian Competition and Consumer Commission (ACCC), said any weakening of oversight in the US could exacerbate the risks associated with crypto-related fraud. Cass-Gottlieb told ABC News: “This is an environment — because of the sophistication of global crime, and also because potentially of regulatory ‘freeing up’ — that we certainly have an enhanced concern.” Trump, who has positioned himself as a pro-crypto…
There’s been some unusual activity in the Bitcoin (BTC) market this weekend, as in the last two days a new wallet has withdrawn 2,700 BTC, worth about $256.38 million, from Binance, the world’s largest cryptocurrency exchange. First, this wallet withdrew 1,000 BTC worth $94.43 million yesterday. Less than a day later, another transfer of 1,700 BTC worth $161.35 million left the exchange. Now the wallet holds 2,700 BTC, which is a lot of cash to move around in such a short amount of time. What’s even more interesting is that this unknown wallet came out of nowhere with no previous…
The new year 2025 has started for XRP with a rather large transfer of 30 million XRP to the major Korean exchange Bithumb. As it became known thanks to a report from Whale Alert, the amount of tokens equivalent to $64.03 million was deposited on Bithumb earlier today, and it came from the unknown address “rPyCQ.” Such transfers cause some concern among market participants, as they are considered an act of selling tokens by a large holder. On the other hand, when tokens are withdrawn from the exchange, it is seen as if the large investor bought tokens and then…
John Deaton, a well-known XRP lawyer and former US Senate candidate, has criticized Elizabeth Warren, Donald Trump, and Vladimir Putin over the ongoing war in Ukraine, questioning US spending, political motives, and military strategies. His comments followed Vice President JD Vance’s post on X, where Vance claimed the war wouldn’t have started if Trump was in office and that continued US aid would not lead to victory for Ukraine. Deaton responded, calling for accountability on war spending and questioning the long-term strategy of US involvement. Deaton questions US war spending and Ukraine strategy Deaton said he was labeled a “traitor…
According to Blockchain data tracker Whale Alert, a dormant Bitcoin address containing 357 BTC, currently valued at nearly $34,070,177, has been activated after 11 years of inactivity. Dormant addresses, especially those holding substantial amounts of Bitcoin, often attract attention since they may be linked to early Bitcoin adopters. The reasons behind such long periods of inactivity can vary, ranging from forgotten wallets or hodling of assets. 💤 💤 💤 💤 A dormant address containing 357 #BTC (34,070,177 USD) has just been activated after 11.0 years!https://t.co/1f851lxAYl — Whale Alert (@whale_alert) December 29, 2024 Given the meteoric rise in Bitcoin price this…
The Russia-based crypto website BestChange is accessible once again. The website aggregates exchange information and may have been blocked for violating a law on advertising passed last year. The BestChange website was blocked on Feb. 10 without warning and added to the list of banned websites maintained by Roskomnadzor, the federal communications authority. It was unblocked on Feb. 20. Listing exchange data could violate the law on advertising A spokesperson for BestChange told Reuters that the organization did not know the reason for its blockage. Lawyers for the organization were in contact with the Russian central bank and Roskomnadzor, they…
Bitcoin price has moved into a technical correction and found support at the 50-day moving average. Bitcoin (BTC) retreated to $94,830, down by over 12% from its highest level this month as the Santa Claus rally failed to materialize. The retreat happened in a low-volume environment, as many investors and traders remained in the Christmas season mode. According to CoinGecko, Bitcoin’s volume of $22 billion on Sunday, Dec. 29 was down from $41 billion a day earlier. Its volume on Friday was $45 billion, higher than $33 billion on Thursday. Bitcoin tends to have daily volume of over $100 billion…