Author: NBTC

Singaporean meme coin-focused startup MemeCore is planning to enter the Korean market by purchasing an company listed on the Kosdaq stock exchange. According to a recent press release from the company, the layer 1 blockchain project declared that it is currently in the negotiation phase of the acquisition of a South Korea-listed company. The firm declares it is in the process of reviewing several company listed on one of the leading stock exchanges in the country. At press time, the company has not unveiled the name of the Kosdaq-listed company it plans to purchase. However, it has revealed what it…

Bitcoin BTC$106,274.90 trading at or about record highs hasn’t proven to be much of a benefit to the roughed up the BTC miners, but perhaps the growing energy needs of the AI sector could prove to be the industry’s salvation.Social media giant Meta (META) on Tuesday inked a 20-year deal with a nuclear power plant to buy 1.1 gigawatts of electrical output for AI purposes — yet another signal that tech giants are serious about investing into the necessary infrastructure to power their data centers. Bitcoin miners, a number of which have begun diversifying their operations for AI purposes, could…

RISE Chain, a layer-2 blockchain focusing on speed and low latency, has secured a $4 million investment from Galaxy Ventures, the venture arm of Galaxy Digital. The capital will go towards building out the project’s forthcoming mainnet. This brings RISE’s total capital raised to $8 million, following earlier support from prominent crypto figures including Ethereum co-founder Vitalik Buterin. The team behind RISE is focusing on building a high-throughput, low-latency blockchain to address what it views as a core barrier to mainstream adoption: performance at scale. The project is hoping to take on competitors with their ultra-fast transaction speeds like MegaETH,…

Bitcoin only represents a tiny fraction of the global wealth pie and investors might still be early, a fact highlighted by Walker, host of The Bitcoin Podcast. With a global wealth valued at about $1,000 trillion (or $1 quadrillion), Bitcoin’s market capitalization of $2 trillion accounts for just 0.2% of this massive figure. This comparison emphasizes how early investors still are in the Bitcoin market especially considering the potential for significant growth as the asset class develops further. The Dominance of Traditional Asset Classes Per Walker’s assessment, real estate is by far the largest component of global wealth, representing $370…

There’s a science to issuing a token. At least that’s according to Shane Molidor, the founder of Forgd, a platform that specializes in advising crypto projects on how to launch their own native tokens. “It’s easier now to launch a token than ever, especially with pump.fun,” Molidor told CoinDesk in an interview, referring to the Solana-based launch platform favored by memecoin creators. “But it’s harder now than ever to launch a utility token that actually ends up performing well, because there’s a finite amount of attention among retail and institutional investors.” “At the end of the day, everyone seeks a…

Ethereum is gaining momentum as institutional investors begin to diversify away from Bitcoin, according to analysts at B2BINPAY. Ethereum (ETH) is showing signs of a potential bull run, as institutions prepare to diversify from Bitcoin (BTC). On June 10, B2BINPAY analysts shared their insights with crypto.news, the same day Ethereum reached a record level of staking balance. According to data from beaconcha.in, the amount of staked Ethereum hit an ATH of 34.65 million ETH, accounting for 28.7% of the total circulating supply. This milestone coincided with an 8% increase in ETH’s price on the same day. Simultaneously, Ethereum exchange-traded funds…

Ripple partner SBI Holdings and its affiliate SBI Shinsei Bank announced a multi-million-dollar investment in Circle, the issuer of USDC, following Circle’s IPO. SBI Holdings Now Betting on Circle The investment, worth $50 million, was split equally, with both SBI Holdings and SBI Shinsei Bank contributing $25 million. This move follows the launch of Circle SBI Japan KK, a joint venture formed in March 2025 to push the adoption and circulation of USDC in the Japanese market. The recent announcement, revealed in a press release today, shows the growing alliance between SBI Group and Circle, which began with a business…

WLFI tokens are on the move, with a large institution moving up to $40M into the token. WLFI is still inactive and has no trading mechanism, but may be used for profit-sharing or voting. The native token of World Liberty Fi, just saw a whale or an institution move in with a $40M purchase. The OTC deal was in exchange for a direct transfer of WLFI tokens. On-chain data shows this is the second purchase for the whale address. In total, 800M tokens changed hands, suggesting an institutional-size deal. The purchase set up a price of $0.1 per WLFI, setting…

Australian police have charged four over their alleged involvement in a Queensland-based money laundering network that is accused of moving $123 million in illicit cash into crypto. On June 5–6, the Australian Federal Police (AFP)‑led Criminal Assets Confiscation Taskforce (CACT), alongside the Queensland Joint Organised Crime Taskforce (QJOCTF) and other agencies, executed 14 targeted raids across Brisbane and the Gold Coast following an 18-month federal investigation, according to a Monday statement from the Australian Taxation Office. Investigators uncovered crypto estimated at $110,370, along with $30,000 in physical cash, encrypted devices, business documents, vehicles, properties, and bank accounts. Authorities allege the…

MARA Holdings (MARA) said it produced 950 bitcoin BTC$105,571.16 last month, the most since January 2024 and 35% more than in April, while setting a new company record by winning 282 blocks, up 38% month-over-month. The record, powered by MARA’s proprietary MARA Pool, also comes after the payout for verifying blocks and adding them to the blockchain was halved in April 2024. MARA Pool is the only self-owned and self-managed mining pool among public miners, which enables the company to retain 100% of block rewards and has consistently outperformed the network average in block reward luck by over 10%. The…