Author: NBTC
The Jiangsu High Court of China released a hearing in the case of foreign-related commercial trials, ruling out that overseas crypto investment is not protected by Chinese law. In this particular case, a Singaporean investor, Pan, has lost his legal battle against a Chinese partner, Tian, over an investment in virtual currency. China HC Ruling in Foreign Crypto Investment Dispute Pan, who had been looking for high-return opportunities, partnered with Tian in 2019 to invest in a blockchain project called “MFA Blockchain.” The project, launched with a third-party partner, aimed to profit from crypto trading, with Tian handling the technical…
B2 Network, a Bitcoin L2 scaling solution, has announced a new partnership with Band Protocol. The collaboration provides decentralized, secure, and immutable cross-chain data for smart contracts. Band Protocol plays a prominent role in this regard with its efficient oracle solution. It reportedly connects smart contracts with real-world data as well as APIs. This ensures their efficient operation and eliminates the need to rely on centrally controlled intermediaries. By integrating Band Protocol’s decentralized oracles, B2 Network focuses on improving data reliability and security. This makes DeFi applications comparatively scalable and reliable. Providing reliable and accurate data to smart contracts is…
KULR Technology Group, Inc., a thermal energy management company, increased its Bitcoin holdings with the purchase of 213.4 BTC worth $21 million. The purchase made through Coinbase Prime fits into the corporate strategic efforts to move 90% of its cash into Bitcoin (BTC) within the newly adopted treasury strategy. As reported by blockchain analytics firm Arkham Intelligence on Jan. 6, the latest transaction brings KULR’s BTC holdings to 430.6 BTC, valued at approximately $42 million, with an average purchase price of $97,537 per BTC. This marks the company’s second major BTC purchase in a month. On Dec. 26, 2024, KULR…
World Liberty Financial has sold over 24 billion WLFI tokens, with less than a billion remaining for purchase. World Liberty Financial (WLFI), a decentralized finance platform backed by President Donald Trump, has sold approximately 24.05 billion tokens, leaving 949.6 million tokens available for purchase, according to its official website. The recently introduced tranche of 5 billion tokens, priced at $0.05 each—a 230% markup from the initial $0.015—has seen an 81% uptake. When World Liberty Financial launched its DeFi platform in Sep. 2025, the initial plan was to offer 20% of its 100 billion WLFI tokens. However, with the rapid uptake…
Ethereum experienced its most aggressive selling pressure in history last Monday, with the price plunging 25% in a single day. This dramatic drop shook the entire market, leaving investors on edge. However, Ethereum quickly rebounded, erasing the entire drop within hours, sparking optimism for a recovery. Despite the swift rebound, Ethereum now faces significant risks as it trades slightly below a critical resistance level, raising concerns about its ability to maintain upward momentum. Top crypto analyst Daan shared a technical analysis highlighting that Ethereum is once again respecting the $2,800 level but failed to push through on its first test.…
Grayscale, one of the largest asset management firms, continues to make changes to its altcoin funds. At this point, Grayscale has finally updated its “Evaluation list”. Accordingly, this list consists of altcoins that Grayscale has not issued investment products for, but is considering for investment products in the future. After the update, 10 new altcoins were added to the list, bringing the total number of altcoins to 39. While it is noteworthy that the vast majority of the newly added altcoins are artificial intelligence-themed altcoins, it is also noteworthy that they are projects. The 10 newly added altcoins to the…
One of the precedent-setting lawsuits for the digital assets industry, the Coinbase vs. US Securities and Exchange Commission (SEC) case, is expected to be paused. The prospective ruling follows a similar resolution in the Binance’s case with the financial regulator. A key deadline looms for the US SEC to decide whether digital assets on Coinbase qualify as securities. Judge Katherine Polk Failla had allowed the US’s biggest crypto exchange to appeal and let the Second Circuit Court weigh in on the matter. The court’s ruling on Friday is expected to define or even foster hope on whether existing securities laws…
Litentry, a well-known decentralized management of identity for diverse blockchains, has announced its rebranding to Heima Network. As per Litentry, the rebranding takes into account the adoption of cutting-edge chain abstraction technology to redefine asset management and decentralized identity. The platform took to its official social media account to disclose its rebranding. Litentry is now Heima! 🚀 Embracing chain abstraction to break blockchain barriers and revolutionize asset management & decentralized identity.https://t.co/XQmfbgwcey — Heima (@heimaNetwork) February 10, 2025 Litentry’s Rebranding to Heima Network Brings Chain Abstraction for a Seamless Experience Litentry deems its rebranding to Heima Network as a milestone with…
As Donald Trump, who won the November elections and was re-elected as president, is expected to take office on January 20, one of Trump’s biggest promises, whether he will create a national Bitcoin (BTC) reserve, is being followed with great curiosity. While many experts are positive that the US will create a national BTC reserve, Nigel Green, CEO of the giant US company deVere Group, claimed that the US will establish a strategic Bitcoin Reserve together with Trump and purchase 300 to 400 thousand BTC. Nigel Green, who successfully predicted that Bitcoin would surpass $100,000, argued that the US would…
XRPL DEX surpasses $20B in liquidity, highlighting XRP’s expanding role in DeFi. Whales and retail investors drive XRP price surge, fueling bullish market sentiment. One of the most significant developments in the XRP ecosystem is the rapid expansion of the XRPL decentralized exchange (DEX). A recent CNF report highlighted that XRPL has enhanced KYC/AML compliance with secure and private identity verification, further strengthening its regulatory framework. As recently tweeted by Latest Crypto XRP, the community reacted with excitement, expressing: “Goodness, Gracious, $BIG Balls of Fire!” Goodness, Gracious, $BIG Balls of fire!!! 🔥🔥🔥 Know What You Hold👀 @BigBallsXRPL You Hold $BIG…