Author: NBTC
The U.S. Commodity Futures Trading Commission’s legal campaign against prediction market platforms such as Polymarket and Kalshi can’t just be shut down, according to Caroline Pham, the acting agency chairman put in place by President Donald Trump. Pham said the agency will gather experts for a roundtable meeting, probably next month, that can build a case for how the commission ought to approach regulation and oversight of firms that offer betting on event contracts. She noted that despite her continued objections in recent years to former Chairman Rostin Behnam’s enforcement stance against prediction markets — including wagers made on sporting…
Popular Kick streamer Adin Ross said he plans to create a crypto-infused custom server for Grand Theft Auto 6 with gaming influencer and FaZe Clan CEO and co-founder Richard “FaZe Banks” Bengtson, once the hotly anticipated title hits shelves. But the plan could be doomed from the start. “When GTA 6 drops, me and Ricky are going to make the biggest server together,” Ross said during a livestream on Monday. “And I promise you, it’s going to be completely crypto. Everything pro-crypto about it. It’s going to change the game.” Adin ross announces GTA 6 news pic.twitter.com/uNuht1Vi3w — Rak (@vvsrak)…
Binance, the world’s largest cryptocurrency exchange by trading volume, announced today that it will expand its Trading Bots services to include new trading pairs, aiming to enhance users’ trading experience and offer a wider variety of strategies. Binance Launches New Trading Bot Services for LTC/USDC, S/USDC and TRUMP/USDC Pairs Binance will enable Spot Grid and Spot Dollar-Cost Averaging (DCA) services for the following trading pairs starting at 11:00 AM on February 6, 2025: LTC/USDC S/USDC TRUMP/USDC Spot Grid and Spot DCA features allow users to efficiently automate their trading strategies: Spot Grid Trading helps users take advantage of market volatility…
A whale has triggered attention from the crypto market after he deposited significant amounts of WBTC to Binance and earned impressive profits today. Whale transfers $28.5 million to Binance According to data shared by Spot on Chain, the whale deposited 300 WBTC (worth $28.5 million) to Binance today, January 9. Since the asset’s price had witnessed some significant increase, the sales gave the trader a whooping profit of $9.98 million. According to Spot on Chain, the investor sold off the tokens just before news broke out that the US government had authorized some Bitcoin sales today. This whale has been…
Havoc in crypto markets spread to stocks of crypto-focused companies, with losses in U.S. futures pointing to declines in equities that are likely to put bitcoin (BTC) on track for further losses because it tends to mirror movements of U.S. stock markets. S&P 500 futures slid 1.4%, Dow Jones futures fell 1.2% and futures on the tech-heavy Nasdaq 100 lost 1.7%. Shares of Japan’s Metaplanet (3350), colloquially called Asia’s MicroStrategy for its bitcoin treasury, fell 9.44% on the Tokyo Stock Exchange. Crypto and blockchain venture fund SBI Holdings sank 3.60%. U.S.-listed Coinbase (COIN) and MicroStrategy (MSTR) traded more than 5.9%…
Aethir, the DePin “GPU-as-a-Service” firm, has announced a collaboration with EigenLayer, a blockchain platform that introduces restaking solutions. This integration is poised to help change decentralized cloud computing by boosting scalability and simplifying the onboarding process for non-Web3 native GPU providers. Aethir Partners with EigenLayer Amid Network Expansion In a press release shared with BeInCrypto, Aethir said the integration with EigenLayer’s Actively Validated Services (AVS) model will allow the platform to expand its decentralized network further. The partnership also introduces an opportunity for Aethir’s community to participate in staking via EigenLayer’s solution. This enables retail stakers to delegate ATH tokens…
Howard Lutnick, the billionaire CEO of Cantor Fitzgerald, is officially the US Commerce Secretary after a 16-12 Senate Commerce Committee vote on Wednesday. Known for his deep ties to crypto and Wall Street, Howard’s new job comes with a lot of moving pieces: the $42.5 billion Broadband Equity, Access, and Deployment (BEAD) program, the $280 billion CHIPS and Science Act, and all regulatory power over tech infrastructure. His confirmation is a massive win for President Trump’s administration, which is pushing to bring crypto innovation back to the US and create a national Bitcoin reserve. Anti-crypto Elizabeth Warren demands answers over…
MetaMask has introduced a new feature that allows people to use a selection of tokens to pay gas fees when using MetaMask Swap for smart transactions. Dubbed Gas Station, the innovation addresses a common issue faced by Ethereum users: transactions failing due to insufficient gas fees. Details of the New Update The crypto wallet provider announced the functionality in a February 4 post on X, stating that it will help users avoid transaction failures due to a lack of ETH for gas fees. Such payments are required for processing transactions on the Ethereum network and must traditionally be settled in…
Key Takeaways Russian bailiffs are in the process of transferring Bitcoin from Marat Tambiev to state revenue. The case involves the confiscation of 1,032.1 BTC, marking a significant crypto bribery scandal in Russia. Russian bailiffs are in the process of liquidating more than 1,032 Bitcoin, worth approximately one billion rubles, seized from Marat Tambiev, a former investigator of the Russian Investigative Committee who was convicted in a high-profile crypto bribery case, TASS reported Thursday. Tambiev, who previously served as a chief investigator in the Tver District of Moscow, was found guilty of accepting 1,032 BTC as a bribe to protect…
Ethereum is facing an identity crisis. Its native token, ether (ETH), is underperforming against competitors, and longtime builders are beginning to question whether the chain’s technology is falling behind—and if its community is losing focus. The Ethereum Foundation, the nonprofit that stewards Ethereum’s development, has been blamed for many of the network’s struggles. Co-founder Vitalik Buterin is spearheading a massive leadership shake-up at the organization, but his central influence over the process has sparked its own controversy. Meanwhile, rival ecosystems like Solana are capitalizing on the uncertainty, attracting top talent and outpacing ETH in the market. Amid this turbulence, a…