Author: NBTC
Prosecutors in the case against Tornado Cash developer Roman Storm are attempting to to sidestep the possibility that a New York judge forces them to hand over additional evidence that could help Storm’s case. In a Wednesday letter to the court, prosecutors pushed back against Storm’s lawyers’ assertions that they’d failed to meet their so-called Brady obligations — a constitutional requirement for prosecutors to turn over any potentially helpful evidence to the defense before trial. At the heart of the debate is a recent production of evidence in another case in the Southern District of New York (SDNY): the legal…
SFT Protocol, an emerging player in the decentralized physical infrastructure networks (DePINs), has commenced a new partnership with SlothsPepe, an advancing meme token platform. The collaboration underscores a noteworthy synergy to boost community-centered Web3 innovation. The platform revealed this initiative on its official X account. 🌟 We’re thrilled to team up with @SlothsPepe, the meme token that’s proving patience is the ultimate Web3 strategy! With a community-first approach, fair tokenomics, and unstoppable meme energy, SlothsPepe is building something fun, resilient, and lasting.🔥Together, we’re… pic.twitter.com/efl4C1PwwT — SFT Protocol (@SFTProtocol) May 24, 2025 SFT Protocol and SlothsPepe Partner to Raise Web3 Growth…
Cryptocurrency analytics firm CryptoQuant has published a new analysis of Bitcoin’s potential price movements over the next six months. The report, prepared in line with on-chain data, states that the current momentum is in the “initial rally” region. According to CryptoQuant, this situation may be the harbinger of a new upward wave in Bitcoin. The analysis highlights three different scenarios for Bitcoin: Optimistic Scenario (Bull Market) According to the analytics firm, if the on-chain ratio breaks and sustains above the 1.0 level, on-chain metrics such as NUPL and MVRV will signal a new bullish momentum, in which case Bitcoin could…
Bitcoiners can now buy burgers, fries and other beef tallow-fried goodies at Steak ‘n Shake locations in the U.S. after the fast casual chain earlier this month announced it would accept the cryptocurrency as payment. But customers better hang on to their receipts. Crypto-denominated purchases—even those as small as a $14 combo meal or a $3 Sprite paid for in Bitcoin—are taxable events, experts told Decrypt. That means Steak ‘n Shake customers who plan to splash satoshis on treats like cheeseburgers or milkshakes should plan to log and pay taxes on every one of their Bitcoin purchases come next April—lest…
Shibarium has moved closer to breaking another crucial block milestone with a shift in the broader digital currency ecosystem. Notably, this is a sign of improving adoption of the Shiba Inu-backed layer-2 scaling solution. Data from Shibariumscan shows that the protocol is on track to hit 11,000,000 blocks. Shibarium block trends The explorer data shows that Shibarium now has exactly 10,962,322 blocks, 37,678 blocks shy of the historic 11 million threshold. Over the past month, the total number of transactions registered on the chain has stayed at an average of 4,000,000. The ecosystem has retained a steady growth streak at…
Prosecutors have charged Jeremy Jordan-Jones, the self-styled founder of a now-defunct crypto startup called Amalgam, with fraud, alleging that he swindled investors in his “sham blockchain” of more than $1 million, using the money to fund a lavish lifestyle. According to prosecutors, Jordan-Jones painted Amalgam as a tech company that created blockchain-based point-of-sale payment systems, which he claimed had multi-million-dollar partnerships with sports teams including the Golden State Warriors and a professional soccer team in England’s Premier League, as well as a big restaurant conglomerate with more than 500 restaurants. None of these partnerships existed, prosecutors said. Jordan-Jones also allegedly…
The Flux ecosystem’s latest FluxINTEL is making it easier for organizations to deal with their documents through a new, decentralized approach. With compliance, contracts, and document rules slowing down decision-making in today’s world, the platform turns traditional files into exciting, real-time resources that respect data privacy. Documents aren’t just data, they’re decisions waiting to happen.FluxINTEL reads, understands, and extracts value from complex documents in seconds.From compliance to contracts, it turns static files into actionable intelligence.Smart docs. Smarter outcomes. pic.twitter.com/RwPbmmTEdM — Flux I Decentralized Cloud (@RunOnFlux) May 24, 2025 Taking Documents and Moving Them to Action In essence, FluxINTEL quickly reads,…
A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure exceeds the proportion that bought gold by nearly 24%, indicating that Americans viewed the top cryptocurrency as a “modern hedge” against economic turmoil. The study, which featured some 1,290 participants, indicated 71.60% of respondents allocated more funds to BTC than to gold after tariff announcements.…
While Qatar maintains its strict official stance against speculative crypto trading and investment, the nation is simultaneously making significant headway in the broader digital asset space, particularly when it comes to asset tokenization. At a recent Gulf panel discussion, financial leaders highlighted Qatar’s cautious but proactive approach to blockchain innovation through regulated channels. Crypto Ban Holds, But Digital Asset Innovation Advances Yousef Al-Jaida, CEO of the Qatar Financial Centre (QFC), reiterated that the country’s central bank prohibits crypto trading and investment. This ban includes restrictions on accessing banking services for crypto-related activities. However, Al-Jaida emphasized that this policy does not…
Today, May 13, 2025, the largest meme cryptocurrencies are in the red. While the cryptocurrency segment takes a breath, top dog-themed coins are losing value. Owners of both large- and mid-cap meme coins are under fire today as their assets are underperforming. Shiba Inu (SHIB) price down by 6.6%, Dogecoin (DOGE) follows Shiba Inu (SHIB), the second largest meme cryptocurrency by market capitalization, loses 6.6% of its valuation overnight. The SHIB price hit $0.00001552 on plunging data volume, CoinGecko’s data says. Dogecoin (DOGE), the first and largest canine coin, is also in the red. The Dogecoin (DOGE) price dropped by…