Author: NBTC
Illegal Truck-Based Mine: Russian authorities found a KamAZ truck with 95 mining rigs stealing village power in Buryatia. Seasonal Mining Ban: Crypto mining is banned in parts of Russia during peak energy months to conserve electricity. Cyber Threats Rise: Hacker group “Librarian Ghouls” is running cryptojacking campaigns targeting Russian users. Russian authorities in the Republic of Buryatia have exposed an illegal cryptocurrency mining operation that was concealed inside a KamAZ truck and powered by stolen electricity meant for a local village. The discovery took place during a routine inspection of a 10-kilovolt power line in the Pribaikalsky District, according to…
High throughput blockchain Keeta and credit data platform SOLO, companies both backed by former Google CEO Eric Schmidt, are introducing an on-chain credit bureau to give digital asset owners access to mortgages, small business loans, and other traditional lending services. Keeta and SOLO have created PASS, a blockchain-based, bank-grade financial identity layer, using know-your-customer, income, crypto assets, and business credentials, according to a press release on Thursday. Blockchain infrastructure is synonymous with trust, so it makes sense to use the tech to store real world financial credentials, and cater to new digital paradigms within lending. The PASS product creates modern…
Whale inflows drop to $2.99B, lowest since early 2023, signaling reduced sell pressure. Bitcoin forms bull flag breakout, projecting upside target around $144K. Derivatives skew shows risk of major short squeeze if BTC rallies by 10%. Whale inflows of Bitcoin to Binance have declined to $2.99 billion, the lowest since early 2023, as noted by CryptoQuant. The data indicates a decisive change in behavior, where inflows of more than $5 billion have in the past been precursors to sharp corrections. At the last two cycle tops, Binance experienced $5.31 billion, $8.45 billion, and $7.24 billion in 30-day whale inflows, followed…
On-chain activity often translates into increased fee generation for DeFi and DEX protocols. Projects like PancakeSwap share these revenues with holders, with some of those tokens offering daily rewards. On-chain economic activity translates into significant daily earnings for several chains and decentralized protocols. In 2025, staking coins are back again, this time with a share of real on-chain economic value. Several of the leading chains and DeFi protocols offer some variation of revenue-sharing, leading to a new incentive for holding tokens. The staking is not just for network security; it becomes a guarantee for the growth of the ecosystem. Those…
Ethereum is currently hovering at around the $2.4K mark. The market has seen $284.94 million worth of Ethereum liquidated. The crypto market cap’s 2.01% slip to the $3.22 trillion mark has pushed the assets into a mixed sentiment. All the major asset prices are charted in red. Assets like Bitcoin (BTC) and Ethereum (ETH) have chosen to trade on the downside. The largest altcoin, Ethereum, has suddenly plummeted by over 5.65% and lost its recent gains. ETH bears could likely build a negative trend line, and further downside correction brings in more losses. A bullish shift might occur only after…
A new analysis from Tokenomist released today, June 6, has identified last year’s major token launches that identifies a sharp divide between their massive fundraising and actual investor returns. The report, which covers ten major 2024 projects like ZK, ATH, and Swell that collectively raised over $1 billion, shows that a few of the most successful investments came from projects with the least initial funding, whereas the largest raises left investors deep underwater. Over $1B was raised across these 10 major launches. Although not all investors are sitting in profit💰 Who Actually Made Money? When should you watch out for…
A media figure recently made a bold claim linking XRP to the core vision of Bitcoin’s anonymous creator, Satoshi Nakamoto. The statement sparked speculation and admiration among XRP proponents, who believe XRP is “the real” Bitcoin. XRP as Satoshi Nakamoto’s Main Idea In a post on X, media personality John Squire claimed that XRP comes closest to embodying Satoshi Nakamoto’s original vision. The statement suggests that the XRP token possesses the scalability, decentralization, and use-case orientation that may reflect what Satoshi intended. Notably, Bitcoin emerged as a peer-to-peer electronic cash system. However, some XRP supporters argue that high fees, slow…
The South African central bank has appealed a High Court ruling that criticized its use of an outdated exchange control law to regulate cryptocurrencies. Central Bank Says High Court Erred The South African Reserve Bank (SARB) has appealed a High Court ruling that criticized the central bank’s reliance on an outdated exchange control law to regulate cryptocurrencies. In its appeal filed June 2, SARB asserts the High Court erred when it ruled in favor of Standard Bank, a local financial institution aggrieved by the central bank’s decision to seize bitcoins belonging to its client. According to a Moneyweb report, the…
Bluefin, Sui’s top decentralized exchange by volume, has launched Bluefin7K, a native aggregator that combines multiple DEXs and advanced routing to deliver users better trading rates and deeper liquidity. Bluefin, the leading DEX by trading volume on the Sui (SUI) blockchain, has just launched Bluefin7K — a Sui-native aggregator designed to give users optimal trading rates and deep liquidity. By routing trades across multiple DEXes within the Sui ecosystem, Bluefin7K identifies the most favorable pricing and liquidity sources in real time. This rollout comes as part of a broader partnership with 7K Smart Trading, whose aggregator stack has been integrated…
EMC Protocol, an advanced peer-to-peer and blockchain ecosystem, is collaborating with ChainAware, a renowned AI agent entity backed and incubated by ChainGPT Labs. The partnership focuses on revolutionizing the Web3 experiences with the provision of AI-led agents. The platform revealed this initiative in a recent X post. Partnership Announcement@EMCprotocol 🤝 @ChainAware — powering the future of intelligent, intention-driven Web3We’re teaming up with ChainAware, the AI agent platform incubated & backed by ChainGPT Labs, transforming how Web3 projects understand, engage, and protect their… pic.twitter.com/yzVVdH57LX — EMC (@EMCprotocol) June 5, 2025 EMC Protocol and ChainAware Partner to Redefine Web3 by Incorporating AI-Led…