Author: NBTC
Over 2M TRUMP tokens worth $30M moved from Binance to MemeCore in under two weeks MemeCore holds $1.39M TRUMP at a $2.8M loss amid ongoing price decline to $10.58 TRUMP trading volume surged 33% to $774M as whale activity raised short-term volatility According to on-chain data reviewed during the time of writing, a newly created wallet withdrew 1 million TRUMP tokens valued at approximately $10.78 million from Binance within the past hour. The movement follows a string of similar high-value transactions between a Binance hot wallet and an address labeled “MemeCore” over the last two weeks. Between two weeks ago…
On Monday, Arizona Governor Katie Hobbs vetoed two crypto-related bills aimed at expanding the state’s use of digital assets, while quietly signing an enforcement-heavy measure regulating crypto ATMs. Among the vetoed proposals was Senate Bill 1373, which would have established a Digital Assets Strategic Reserve Fund to hold crypto obtained through seizures or legislative appropriations. The bill did not authorize the use of public funds to acquire digital assets but proposed a framework for custody and management. Hobbs rejected it, citing market instability. “Current volatility in cryptocurrency markets does not make a prudent fit for general fund dollars,” Hobbs wrote…
This is a segment from the Empire newsletter. To read full editions, subscribe. A new perps DEX is entering the chat. The team exclusively told me that Perpl, a decentralized perpetual futures exchange, raised $9.25 million from Dragonfly to build on Monad. Other participants in the round include Ergonia, Brevan Howard, Breed, L1D and CMS. I had a chance to speak with co-founder PB, who told me that he and his cofounder — both Americans — left the US to build Perpl in London. They’ve since hired a London-based team. Surprise, surprise, the decision came due to the lack of…
CodexField has officially announced its partnership with LoveBit (LB), a unique memecoin that adopts a mission-driven approach. By implementing the ESG principles to every single decentralized transaction, LoveBit distinguishes itself from an industry still famous for short-lived fads. 🚀 We’re thrilled to announce our partnership with @lovebitofficial! 🤝LoveBit (LB) is more than just a cryptocurrency—it’s a transformative movement that blends blockchain innovation with Environmental, Social, and Governance (ESG) principles.👥 Social : Telegram chat:… pic.twitter.com/krU5yQUr2x — CodexField (@CodexField) May 12, 2025 LoveBit: The First ESG-Centric Memecoin LoveBit has created a unique approach within the cryptocurrency world. It was launched in Q1…
MicroStrategy acquires 13,390 BTC for $1.34B, boosting its total holdings to 568,840 BTC, now valued at $59.23B with $19.83B in profits. MicroStrategy leads corporate Bitcoin adoption, outpacing Tesla and others, with a 34.92% surge in MSTR stock fueled by bullish crypto sentiment. MicroStrategy is doubling down on Bitcoin. In its 12th acquisition of 2025, the company has purchased an additional 13,390 BTC for approximately $1.34 billion. This boosts its total holdings to a staggering 568,840 BTC—equivalent to 2.7% of Bitcoin’s circulating supply. With over $39.4 billion invested, MicroStrategy’s BTC stash is now valued at $59.23 billion, generating unrealized profits of…
The world of decentralized finance (DeFi) is constantly evolving, seeking new ways to unlock capital efficiency and expand possibilities for users. A significant development recently occurred within the Aptos ecosystem that promises to do just that. The highly anticipated Moar Market launch on the Aptos mainnet is here, bringing a dedicated credit layer designed to transform Aptos DeFi. Unlocking Potential in Aptos DeFi For years, traditional finance has relied heavily on credit to facilitate transactions, investment, and growth. In the burgeoning space of decentralized finance, recreating robust and efficient credit mechanisms has been a key challenge. Moar Market steps in…
There’s a growing narrative that “Ethereum is dead,” But is it true? Some analysts argue that while it’s not as flashy as it once was, Ethereum is evolving into the backbone of the entire crypto industry, and many people don’t realise this shift. Ethereum rose nearly 40% last week, jumping from $1,800 to $2,500. However, Ethereum’s DeFi market has dropped a lot, with its total value locked falling over 88% from its highest point. At the same time, Solana has pulled ahead in active users and transaction numbers because it’s faster and cheaper. High gas fees have pushed many users…
It all started in 2019, when a relatively small software company called MicroStrategy (now known as Strategy) knocked on investment bank Jefferies’ door after being turned away by Wall Street giants. At the time, Michael Saylor’s firm had a market cap of nearly $2 billion and was looking to raise capital to buy bitcoin—something bulge bracket banks were reluctant to support. Jefferies took a chance on Saylor, marking a pivotal deal for the investment bank and the digital assets sector. Now, Saylor’s firm is worth about $111 billion in market cap, other companies are buying bitcoin for their balance sheets,…
Movement Labs, the development firm of the Movement network, has officially cut ties with co-founder Rushi Manche following controversy surrounding undisclosed MOVE token deals. The announcement came via the company’s X account early Tuesday, stating that “Movement Labs has terminated Rushi Manche’s employment and all affiliations with the company effective immediately.” It has yet to name a replacement or outline next steps for governance restructuring. Movement Labs has terminated Rushi Manche. Movement will continue under different leadership.Details on leadership changes and a revamped governance structure will be coming soon. — Movement (@movementlabsxyz) May 7, 2025 The decision follows a CoinDesk…
India is tightening its grip on crypto once again, and this time, transactions from Jammu & Kashmir and nearby border areas are targeted. The government has asked exchanges to closely monitor these transactions amid concerns over money laundering and illegal funding, reported The Economic Times. This follows a recent attack in Kashmir’s Pahalgam, which has increased tensions and security concerns. Crypto tokens named “Pahalgam” and “Operation Sindoor” also appeared on platforms like Solana. India’s Financial Intelligence Unit (FIU-IND), which tracks financial crimes, has reportedly advised some Indian crypto exchanges to be on high alert for such possible activities. Private Wallet…