Author: NBTC
President Donald Trump’s return to power has created a stampede of white-collar criminals, Crypto figures, and convicted politicians hoping for presidential clemency. With Trump’s long history of attacking the U.S. justice system, many of these convicts see an opportunity to cast themselves as victims in a system they claim is as corrupt as the one that jailed them. Among the high-profile names making their pleas for mercy are Sam Bankman-Fried, Bob Menendez, Roger Ver, and Joby Weeks, along with a long list of fraudsters, tax evaders, and exiled businessmen. Some are openly appealing to Trump’s grievances, while others are offering…
Wall Street bank JPMorgan (JPM) updated its bitcoin (BTC) miner price targets and estimates following fourth-quarter 2024 results and to account for changes in the bitcoin price and the network hashrate. JPMorgan raised IREN (IREN), its top pick in the sector, to overweight from neutral, and cut its price target to $12 from $15. The shares were 2.7% higher at $7.23 in early trade. Cipher Mining (CIFR) was downgraded to neutral from overweight, while the bank withdrew its $8 price target. The stock fell 3% to $3.10. The bank reiterated its overweight ratings on Riot Platforms (RIOT) and CleanSpark (CLSK),…
HashKey Group’s HashKey Chainannounced a major integration with Chainlink, adopting its Cross-Chain Interoperability Protocol (CCIP) and Chainlink Data Streams. The integration will allow developers to build secure, scalable cross-chain applications while ensuring real-time, high-frequency market data for DeFi markets. .@HashKeyGroup—an enterprise-grade L2—has adopted Chainlink CCIP as its canonical cross-chain infrastructure & Data Streams is its official data solution.The Chainlink standard unlocks performant, cross-chain apps, helping drive RWA adoption and grow the HashKey ecosystem.… pic.twitter.com/GY1v0P5jNZ — Chainlink (@chainlink) March 13, 2025 Chainlink CCIP: Strengthening Cross-Chain Connectivity Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is a robust framework that enables secure and scalable cross-chain…
On Wednesday, Satya Nadella, chairman and CEO at Microsoft, unveiled a quantum computing breakthrough featuring the company’s Majorana 1 chip. This achievement, notably his remark about a “clear path to a million-qubit processor,” has already sparked discussions about Bitcoin’s alleged vulnerability. Microsoft’s Majorana 1 Chip Ignites More Quantum vs. Bitcoin Debate Since December, Bitcoin has continually been drawn into debates on quantum computing, with many asserting that the technology—and several other cryptographic methods—might be at risk in the future. Naturally, this issue has persisted for years, yet when Google unveiled its quantum computing chip, Willow, on Monday, Dec. 9, 2024,…
Justin Sun, a crypto billionaire and the creator of the Tron blockchain, has drawn the crypto community’s attention to a major issue on Ethereum that he sees as dangerous for its near future. Sun addresses Ethereum’s leverage issue Justin Sun believes that Ethereum is facing a big issue of high leverage used by traders when they conduct operations with ETH both on centralized and decentralized platforms. The Tron founder tweeted that in the short term this problem is likely to implode and “cause losses to protocols and DeFi projects” on the Ethereum network. Sun urged the Ethereum team to address…
LIBRA creator Hayden Davis has “shamelessly” cashed out over $1.6 million in stolen funds made from trading the currency, according to crypto analyst “dethective.” Dethective shared transactions from March 6 that showed wallets unstaking $900,000 from Kamino Finance and converting it into USDC. Another $741,000 dollars was converted yesterday, using funds from LIBRA and other “scams,” according to the Dethective’s research. The analyst said, “I’ll keep posting because there’s no way they get away with zero consequences.” Dethective also claims that Davis is “farming kamino points” using $1.4 million that was sourced from LIBRA, Melania Trump’s MELANIA memecoin, and “others.”…
A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring them to collect certain taxpayer and transaction information, including decentralized finance (DeFi) platforms. With a 292-132 vote, a bipartisan majority in the House joined the U.S. Senate in advancing the Congressional Review Act resolution overturning the rule finalized in the closing days of former President Joe Biden’s administration. Missouri Republican Jason Smith, urging his fellow lawmakers to vote for the resolution earlier in the day, said the IRS rule risked harming U.S. businesses and disincentivized innovation. “There…
51nodes, a leading German blockchain technology integration specialist, is set to build on World Mobile Chain, the Layer 3 blockchain developed by World Mobile, to deploy decentralized physical infrastructure solutions and blockchain-powered applications. These real-world applications will focus on data-based tokenized assets within Europe’s industrial sector, leveraging secure, enterprise-grade automation to drive efficiency and unlock new commercial opportunities. As part of this effort, a $5 million grant program will fund 50 projects, each receiving up to $100,000 to explore decentralized infrastructure use cases. Major German and European corporations are going to play a key role in being part of the…
Modular blockchain Hemi Labs’ unveiled its mainnet with $440 million in total value locked (TVL). Hemi, founded by early Bitcoin developer Jeff Garzik, plans to unify Bitcoin and Ethereum, the two oldest and largest blockchains, into “a single supernetwork,” according to an emailed announcement. Hemi is built on both Bitcoin and Ethereum to combine the best qualities of both, taking advantage of Bitcoin’s security and Ethereum’s programmability. The project raised $15 million in a funding round led by Binance Labs last September. The project is one of several looking to transform the broader blockchain landscape, particularly with regard to decentralized…
Shiba Inu addresses holding at least $1 million in SHIB rose from 589 to 947 in a year, coinciding with the token’s 53.65% rise. Shiba Inu has experienced fluctuations in the crypto market, with its price dropping over 27% in the past month. However, the token saw a minor 0.98% increase in the last 24 hours, though it remains 1.47% lower over the past week. Meanwhile, data indicates an increase in high-value holders, suggesting notable accumulation among large investors. Increase in High-Value Shiba Inu Holders Over the past year, the number of Shiba Inu addresses holding at least $1 million…