Author: NBTC

An unfortunate user has been drained of their non-fungible tokens, worth hundreds of thousands of dollars, in a sophisticated phishing scam on the Blur marketplace. The loss, reported by 0xQuit on X, formerly Twitter, involved six Bored Ape Yacht Club NFTs, 40 Beanz, and three Elementals, all listed at one wei each — effectively zero. Based on current floor prices for each asset, the total sum amounts to roughly $239,676. Wei is the smallest unit of ether on the Ethereum blockchain. The scam was orchestrated by an unknown entity, who exploited a loophole in Blur’s listing system to enable private…

Paul Dietrich, the chief investment strategist at B. Riley Wealth Management, recently painted a concerning picture of the stock market, suggesting a potential decline far exceeding those seen in the early 2000s and 2008 and potentially the worst one Wall Street has seen over the past century. Dietrich, in his latest commentary, argued that the market is currently experiencing a bubble fueled by speculation and excitement surrounding a small number of technology companies including Nvidia and Microsoft, rather than sound fundamentals like corporate earnings growth. He pointed to historically high valuations, including the S&P 500’s price-to-earnings ratio and the inflation-adjusted…

RWA altcoins, which have been one of the most talked about topics in the market recently, have also become very popular among investors and developers. At this point, cryptocurrency analysis platform Santiment listed the altcoins that developers focused on the most in the last 30 days. Accordingly, Chainlik (LINK) ranked first on the list, followed by Synethetix (SNX) and Centrifuge (CFG). According to the list shared by Santiment, the RWA altcoins with the highest developer activity in the last 30 days are listed as follows: “Here are the top RWA tokens according to crypto evolution. While Chainlink (LINK) still remains…

The cryptocurrency exchange Binance has announced a new partnership with the Hong Kong Police Force’s Organized Crime Bureau (OCTB). This collaboration was marked by a law enforcement sharing session held at the Hong Kong Police Headquarters on June 27, 2024. The initiative underscores Binance’s dedication to security and compliance, as well as OCTB’s appreciation for the exchange’s efforts to enhance the security of the crypto sector. The partnership aims to fortify connections with global law enforcement agencies to tackle emerging threats. Contents hide 1 Strategic Partnerships with Law Enforcement 2 Ongoing Education and Awareness Initiatives 3 Significance for Users and…

Northern Data AG, a German firm specializing in high-performance computing infrastructure, is evaluating the possibility of launching a U.S. initial public offering (IPO) for its AI cloud computing and data center units. The potential valuation for this IPO could reach as high as $16 billion, according to Bloomberg News sources. Northern Data Eyes US IPO Northern Data is considering combining its cloud computing branch, Taiga, with its data center operations, Ardent, to form a new firm for a prospective U.S. IPO. The combined entity may be listed on the Nasdaq as early as the first half of 2025. This decision…

Julio Monero, an analyst at CryptoQuant, has highlighted a pivotal moment for Bitcoin as it approaches a crucial price marker. According to his analysis, Bitcoin is attempting to breach the trader’s realized price, which is around $66,000. This price point represents the average purchase cost of Bitcoin for traders, often visualized as a pink line on price charts. Monero’s insights suggest that this level is significant because traders have no unrealized profits left to secure at current levels — they face only potential losses if they decide to sell now. This scenario sets a fascinating stage for Bitcoin’s price action.…

First Digital USD (FDUSD), introduced by FD121 Limited, a subsidiary of Hong Kong-based First Digital Limited, is a stablecoin designed to offer a reliable and efficient digital representation of the US dollar. By being backed by fully controlled reserves, FDUSD provides transparency and security, making it a promising asset within the cryptocurrency market. The token initially operates on the Ethereum and BNB Smart Chain networks, with plans for expansion to other blockchains. Contents hide 1 What is FDUSD’s Purpose? 2 How to Purchase FDUSD with TRY? 3 Key Insights What is FDUSD’s Purpose? FDUSD aims to bridge the gap between…

OKX enters the crypto gaming Web3, announcing the launch of “OKX GameSphere”. The new platform provides developers with a full range of innovative solutions to engage players. OKX and Web3 crypto gaming: the launch of the platform for GameSphere developers OKX and the crypto gaming Web3 sector: GameSphere to enhance the gaming experience The entry into the metaverse sector OKX and Web3 crypto gaming: the launch of the platform for GameSphere developers OKX has launched the new Web3 crypto gaming platform OKX GameSphere, dedicated to game developers. In practice, it is an innovative platform that provides developers with a complete…

SynFutures, the onchain perp protocol for listing and trading any asset, is now live on Coinbase’s L2 network Base. Users can now trade and provide liquidity on SynFutures V3 via Base while earning SynFutures’ Oyster Odyssey (O_O) points. Additionally, SynFutures will release a series of new listings over the next several weeks as part of Meme Perp Summer. a six-week campaign blitz to expand community asset listings and reward meme communities on Layer 2. SynFutures’ multichain expansion to Base comes as SynFutures V3 on Blast surpasses $100 billion in cumulative trading volume in less than four months, cementing it as…

Bitcoin surpassed $64,000, increasing 4.3% in 24 hours, indicating a potential end to its correction. Analysts observe an inverse head-and-shoulders pattern, suggesting a bullish breakout towards $70,000. Full pattern fulfillment could push Bitcoin past $75,000, sparking potential broader market rally to $100,000. Bitcoin, the leading cryptocurrency, has recently surged past the $64,000 mark, marking a significant 4.3% increase in the last 24 hours and a 3% rise over the past week. This upward trend suggests the end of Bitcoin’s recent correction phase, reigniting investor optimism. Crypto analyst Crypto Jebb has identified a key pattern in Bitcoin’s price movement: an inverse…