Author: NBTC
Ethereum founder Vitalik Buterin outlined a new L2 roadmap meant to support their token’s scalability. He also believes the crypto community should prioritize open-source funding instead, as public goods funding is still subject to social desirability bias. Meanwhile, his Ethereum network will need to increase its data capacity to accommodate an L2 model release. The network, though, does have an upgrade in the works. Pectra, possibly launching by April 30, could raise blob space to up to 6 units. Moreover, by the end of the year, the network plans to have 72 units through the Fusaka upgrade as well or,…
Regulators worldwide are tightening their grip on crypto exchanges, and Thailand is no exception. The country’s Securities and Exchange Commission (SEC) has taken legal action against OKX, one of the biggest crypto exchanges, for allegedly operating without a license. The Thai SEC has filed a criminal complaint against Aux Cayes FinTech Co. Ltd., the operator of OKX, along with nine individuals linked to the platform. According to the regulator, OKX was offering crypto trading services in Thailand as far back as 2021—without the necessary approval. Why is OKX in Trouble? Authorities claim that OKX was actively promoting its services in…
Today’s U.S. jobs report indicated fewer positions added to the economy than expected, but bitcoin remained mostly flat on the news. Steady Bitcoin Price Reflects Cautious Market Reaction to U.S. Jobs Report Bitcoin (BTC) is trading at $97,783.95 at the time of reporting, rebounding slightly after dipping to $95,707.35 and peaking at $100,154.14 in the past 24 hours. The world’s dominant cryptocurrency has gained 0.48% in the last day but remains down 6.50% over the past week, reflecting ongoing market uncertainty. (BTC Price 1D chart / Tradingview) U.S. Jobs Data Adds to Market Uncertainty The latest U.S. jobs report from…
Shares of CoreWeave (CRWV) opened at $39 apiece during the company’s debut on Nasdaq on Friday afternoon, just under its initial public offering which closed Thursday evening. The cloud computing firm had sold roughly 37.5 million shares at $40 each, raising about $1.5 billion for its initial public offering (IPO), making it the largest tech offering since 2021. It had, however, initially planned to file the offering at $47 to $55 a share at a much higher valuation than it ultimately saw. Nvidia, an early investor in the company, placed a $250 million order in the offering. Some experts speculated…
The Layer 1 blockchain service MANTRA Chain welcomes Cosmostation VD to its network as an active validator specializing in Real-World Assets (RWAs). By forming this strategic partnership MANTRA establishes enhanced security combined with decentralized operations and improved participation through staking activities which provide better reliability for its $OM holders. 🕉️⛓️Excited to welcome @CosmostationVD to the MANTRA Chain active validator set.Their expertise will strengthen security, decentralization, staking participation, and ecosystem growth, while enhancing network performance and reliability for the #MANTRA ecosystem.Here’s to… https://t.co/sI3nUk89G8 pic.twitter.com/AHAIEnCtLg — MANTRA | Tokenizing RWAs (@MANTRA_Chain) February 7, 2025 A Step Towards Greater Decentralization As MANTRA Chain…
The U.K. is gearing up for tougher crypto regulations, with just over a year left for the industry to prepare, revealed a senior official from the country’s financial regulator. New Authorization Process For Crypto Companies Matthew Long, director of payments and digital assets at the U.K.’s Financial Conduct Authority (FCA), shared in an interview with CoinDesk that the “gateway regime” set for 2026 will introduce a new authorization process for crypto companies. “We will have a gateway which will allow authorization. But obviously we’ve got to go through those consultations, create those rules and get the legislation for that to…
It’s not every day that a cryptocurrency exchange sees over 174 billion Shiba Inu (SHIB) tokens — about $2.2 million at current prices — withdrawn from its hot wallet, and yet, that’s exactly what happened on Coinbase over the past four days. The recipient? It was a totally inactive wallet, “0x38A8,” with zero transaction history. The transfers did not happen all at once. There were three separate transactions, each moving a big chunk of SHIB out of Coinbase. The last and biggest chunk, 79.385 billion SHIB, happened just 18 hours ago. Movements like these make people wonder what’s going on.…
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: GameStop makes a big splash with its Bitcoin announcement, then fumbles with a debt offering; BTC miners are in for a world of hurt as fees shrink; and Robinhood gets a New Jersey slap on the wrist for its prediction market debut. GameStop presses play on Bitcoin There was a lot of excitement for GameStop’s Q4 earnings report because it was heavily hinted—and then confirmed—that the company was going to start buying Bitcoin. (There’s a rapidly growing list of publicly traded companies…
He pumped and dumped Solana meme coins today for $68K in profit. Welcome to the trenches, Mr. Dave Portnoy. The Barstool Sports founder today took to X (formerly Twitter) to reveal to the world that he’s learned how to trade shitcoins, and doxxed his Solana wallet to the public in the process. “Uh oh. Davey learned how to trade shitcoin and is already up a billion percent on my 1st one!!!!!!,” he posted alongside a screenshot of a Phantom wallet with 2.68 million MONTOYA tokens—a meme coin based on the “Montoya, por favor” phrase from a “Love Island”-like Spanish reality…
Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200 million settlement with the New York Attorney General’s office over allegations it promoted the algorithmic cryptocurrency LUNA (LUNA) while quietly selling millions of tokens at a profit. The firm did not admit or deny the allegations. The settlement, outlined in a filing from the NYAG, claims Galaxy bought LUNA in 2020. At the same time, it promoted and sold its…