Author: NBTC

World Liberty Financial (WLFI) on Thursday transferred $775,000 in USDC from its main wallet to a secondary wallet primarily used for purchasing altcoins, according to data tracked by Arkham Intelligence. ARKHAM ALERT: WORLD LIBERTY FI MOVING FUNDS World Liberty Fi just moved $775K from their main wallet, to the wallet that they typically use for buying altcoins. pic.twitter.com/f52z5HfXzx — Arkham (@arkham) April 10, 2025 The transfer comes after the project acquired over 3.54 million Mantle (MNT) on March 23. The week prior, WLFI had added $4 million worth of MNT and AVAX tokens to its portfolio. In addition to MNT…

This is a segment from The Drop newsletter. To read full editions, subscribe. Truth Arts — formerly known as Truth Labs, the team behind the 2022 Goblintown Ethereum NFT collection — has released NFT “licenses” inspired by driver’s licenses. To become eligible to mint a Goblintown license, aspiring drivers had to wait for a seemingly endless amount of time with no end in sight in a DMV. In this case, the wait was at the Goblintown DMV, which was a webpage with a DMV simulator. You took a number, waited, waited some more, and ultimately submitted your email address to…

President Donald Trump acknowledged Thursday that his tariff policy changes will be problematic but said he pursued them because no one else had taken the issues on. Speaking at a Cabinet meeting, Trump defended the shift in trade strategy as a necessary correction, despite short-term pain. “The transition is difficult, but the end result will be positive,” he said, according to a CNBC livestream. Trump is not ruling out extending the 90-day pause on his “reciprocal” tariffs. During a Cabinet meeting, he stated that if he cannot secure favorable deals with U.S. trading partners, tariffs will revert to higher rates…

Tron founder Justin Sun took to X to continue accusing First Digital Trust, a Hong Kong-based crypto custodian and issuer of the FDUSD stablecoin, of orchestrating a $500 million embezzlement scheme. In a lengthy post on X, Sun continued his claim that FDT and its alleged co-conspirators illegally redirected nearly half a billion dollars in client funds through a network of unauthorized investments and fraudulent address changes. Sun alleges that FDT, alongside Aria DMCC—a Dubai-based commodities company—and other firms including Finaport and TrueCoin, deceived the stablecoin issuer Techteryx into transferring $456 million to Aria DMCC under the guise of a…

In the Ancient Greek tale of Oedipus, great rewards awaited travelers able to solve difficult riddles, but a powerful sphinx posed the riddles and devoured those who failed to solve them. Similarly, in ancient crypto times, circa 2017, blockchain technology stood to revolutionize finance and other fields. But two challenges stood in the way of this technology enjoying its full potential: (1) securities laws that don’t easily map onto decentralized systems, and (2) a securities regulator hostile to digital assets, which often posed grave risks to those who tried to solve the first challenge. Today, the sphinx has resolved to…

Florida’s Insurance and Banking Subcommittee unanimously passed a bill supporting a state-level Bitcoin Reserve. It will now head to the legislature. This is the first state Bitcoin reserve bill to pass the House committee with zero votes against it. Although most of the initial comments were highly skeptical due to recent market chaos and fiscal conservatism, state sponsor Webster Barnaby and other supporters won them over. Florida Advances in the State Race for a Bitcoin Reserve Over the last few months, a spree of Bitcoin Reserve bills have swept through US state legislatures. Although these initiatives have seen setbacks due…

Optimism has seen an increase in cross-chain transfers, while Base dominates DEX transactions, with Ethereum consistently trending down. DeFi markets are experiencing major shifts recently. According to Dune analytics, Optimism (OP) has seen significant growth in cross-chain transfers. At the same time, Base is leading in DEX transactions and fees. 1/ On April 8, @Optimism led all chains in value transferred:$410MThat’s nearly 40% of all value moved across major chains in one dayAlso topped in value per transaction: 0.22 ETH avg per transaction pic.twitter.com/4kNjHVCwmy — Dune (@Dune) April 10, 2025 Traders moved $410 million in value transfers to and from…

As the broader crypto market battles volatility driven by escalating trade tensions, TRON (TRX) is experiencing record network demand. Governed by TRON DAO, the blockchain has generated over $900 million in fees year-to-date, according to TokenTerminal—a clear sign of rising network activity. At press time, TRX is trading at $0.2362, marking a 0.78% gain for the day. With a market capitalization of $22.43 billion, TRON continues to hold its position as the ninth-largest cryptocurrency by overall market value. TRON sees a surge in stablecoin activity This fee milestone comes as TRON experiences a notable surge in on-chain usage. According to…

Mode (MODE), an Ethereum (ETH) Layer 2 (L2) network, has officially launched Mode Trade, a new native decentralized exchange (DEX) for perpetuals built in collaboration with Orderly Network (ORDER), as announced to Finbold on Thursday, April 10. The new platform combines Orderly’s unified trading infrastructure, deep liquidity, and robust backend with Mode’s user experience model powered by artificial intelligence (AI). Currently, Mode Trade features are reserved for Giga stakers with at least 400,000 veMODE, with a limited-access whitelist for additional traders announced for the near future. Mode Trade AI trading features Mode Trade offers a suite of AI tools designed…

Just two months ago, the total value of funds locked (TVL) on HyperLiquid, a decentralized derivatives exchange (DEX) that allows traders to generate returns by staking to a shared vault, sat at a record $540 million. Now, users are fleeing, TVL has slumped to $150 million and the yield has dropped to a measly 1%, in many cases, less than they’d get if they stashed their cash in a bank account. At issue is an exploit that saw one user manipulate the price of a token called JELLY and force the vault, known as Hyperliquidity Provider, into a loss. But…