Author: NBTC
Earlier this Monday, 7,000 Bitcoins (roughly $730 million at current prices) were withdrawn from Bitfinex. Unusual Activity on Bitfinex 🚨7,000 BTC ($730M) was withdrawn in a single transaction!Large moves like this often signal custody changes or institutional action pic.twitter.com/lzxbnlSk3x — Maartunn (@JA_Maartun) June 2, 2025 The transaction represents Bitfinex’s investment in Bitcoin treasury firm Twenty One Capital, according to CEO Paolo Ardoino. Tether Group had moved 4812.22029710 BTC to address bc1qzup4k7zn9jur7a8kz0dnaernzyf60h8ez6s9cpmp23wfw5djhvusd4p0v3 as part of the pre-funding of the initial convert/equity raise in Twenty One Capital (XXI)https://t.co/SqhVRzq3k9 — Paolo Ardoino 🤖 (@paoloardoino) June 2, 2025 In April, it was reported that…
Fold has entered into an agreement to issue and sell $250 million new shares of its stock, with the aim of purchasing more Bitcoin, the company said Tuesday in a statement. The publicly traded Bitcoin financial services firm plans to sell shares of its common stock to pre-selected investors and institutions rather than on a public exchange. The Phoenix-based company has not set a timeline for its issuance and sale of the shares. Fold shares are trading at $4.57, down nearly 3%, according to YahooFinance data. The stock is down about 60% since the start of the year. The majority…
Jump Crypto, a subsidiary of Jump Trading, showed signs of returning to the Solana market. A wallet flagged as belonging to the market maker received a large transaction of SOON tokens. Jump Crypto is making forays into the crypto market, just months after trying to divest its assets and abandoning old projects. However, the market maker did not entirely abandon crypto activities. Recently, a wallet flagged by Arkham Intelligence received a significant transaction of SOON tokens. Before that, the wallet received several smaller transfers from external senders. Jump Crypto started receiving SOON on the day of the airdrop and the…
The war for artificial intelligence supremacy is no longer fought in code alone; it’s now a fight over talent, and Meta CEO Mark Zuckerberg just pulled off a major heist, poaching talent from rivals OpenAI and Google. Zuckerberg revealed the new AI researcher dream team today, which he called the Meta Superintelligence Labs. Many of the new team members were lured away from rival firms, including OpenAI, Anthropic, and Google DeepMind, according to an internal memo obtained by CNBC. The team is led by Alexandr Wang, former CEO of Scale AI, who now serves as Meta’s Chief AI Officer. He…
With Bitcoin price steady above $100,000, it could be enough to make Satoshi Nakamoto the second-richest man in the world by next year. If the largest cryptocurrency hits $200,000, it would give him a $219 billion net worth. Several analysts agree that this price is realistic and possible in the mid to short term. It’s unlikely that Satoshi will ever be formally recognized as an ultra-high-net-worth individual, but it would be an important benchmark of success nonetheless. Satoshi’s Immortal Legacy Bitcoin creator Satoshi Nakamoto has been totally off the grid for years, but he still casts a long shadow over…
America’s largest crypto exchange Coinbase hopes to soon offer trading services for tokenized equities, according to a Reuters interview with the firm’s chief legal officer published Tuesday. Paul Grewal said that it was a “huge priority” for Coinbase to secure SEC approval to allow such assets to trade. In an X post afterwards, Grewal said that he was merely echoing a Coinbase position made public this spring. “We’ve been saying since earlier this year that [the SEC] should enable markets to unlock tokenized securities,” he wrote. Exciting? Yes. Important? Absolutely. But breaking news? Not exactly. We’ve been saying since earlier this year…
The Uniswap Foundation announced $140.3 million in revenue and $12.4 million in new grant commitments in its Q1 2025 financial report. A report by Uniswap (UNI) Foundation on May 23 stated that the majority of the revenue came from a $140 million donation that was authorized by Uniswap governance, with the remainder coming from interest and dividends. As of Mar. 31, the Foundation held $53.4 million in USD and stablecoins, 15.8 million UNI tokens, and 257 Ethereum (ETH), totaling about $95 million. Another 5 million UNI was used as collateral for a $29 million loan, giving the Foundation access to…
Adventure Layer, a gaming Layer-2 network developed on Berachain, has announced a strategic collaboration with MattleFun, a GameFi platform. The synergy between the two firms represents a calculated move to advance the functionality of decentralized gaming by combining their respective tech infrastructures. Adventure Layer offers a responsive and rapid processing underlying technology while MattleFun provides an advanced, integrated gaming and trading network. Adventure Layer x https://t.co/wTOEqNPt1b🎮 We’re teaming up with @mattlefun — a hybrid gaming & trading platform where your on-chain activity fuels your in-game strength. 🕹 Trade smart, start strong, and survive longer.👥 3,000 users & growing fast.Together, we’re……
Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields above 5% for the first time since 2009 and triggered broad risk-off moves. Foreshadowing turbulence Spot Bitcoin exchange-traded funds (ETFs) highlighted this movement. Investors added $6.2 billion in Bitcoin exposure through these investment vehicles in the first four weeks of May while withdrawing $2.7 billion…
Leading cross-chain interoperability network Wormhole has developed the first trustless bridge linking Dogecoin to the Solana ecosystem. Wormhole announced the giant stride in a blog post on Thursday. The integration would allow a symbiotic relationship between Solana and Dogecoin users, bridging two of the largest crypto ecosystems. Dogecoin Goes Multichain Wormhole powered this innovation using its Native Token Transfers (NTT) framework and zero-knowledge proofs, developed by Psy and RISC Zero. The next-generation bridging technology validates Dogecoin’s proof-of-work consensus on Solana, allowing for cross-chain interoperability without third-party interference. Notably, the bridging technology captures and directly validates each Dogecoin block header on…