Author: NBTC
The “Binance effect” was on full display Wednesday as Resolv (RESOLV), a newly listed digital asset, surged by over 50% after the exchange revealed the token as its 21st HODLer Airdrop project. The token’s price jumped from a low of $0.2294 to a high of $0.3616, with daily trading volume exploding past $347 million. The market debut of the base protocol underlying the USR stablecoin was driven by its official spot trading launch at 14:30 UTC and thereafter its inclusion in Binance’s popular HODLer Airdrops initiative. Binance’s HODLer Airdrop Fuels Initial Demand The move followed Binance’s announcement of RESOLV’s inclusion…
Argentina’s anti-corruption office has cleared President Javier Milei of any wrongdoing related to his public promotion of the Libra crypto token, according to Bloomberg. The agency reportedly said on record that Javier didn’t break any laws when he posted about Libra on X in February, adding that the post was made in a personal capacity, didn’t involve federal resources, and didn’t violate any public ethics codes. That ruling officially ends the government’s internal investigation, though a federal court case is still ongoing and hasn’t been closed yet. The scandal started when Javier shared a message about Libra just hours after…
According to Conor Grogan, director at Coinbase, there are 50 million different crypto tokens in circulation today, a figure that highlights both innovation and speculation on the market. Grogan puts this in perspective: “That’s roughly 6,000 tokens for every listed U.S. stock or ETF. One token exists for every K–12 public school student in the United States. If someone tried to read every token name, one per second, it would take nearly 600 days nonstop.” There are 50 million different crypto tokens in circulation todayThat’s:-6,000 tokens for every listed US stock/ETF-1 token for every public school student in the US…
Reef Chain, a well-known L1 blockchain dealing with decentralized applications (dApps), has announced its exclusive collaboration with Subscan, a popular blockchain explorer forum. The development underscores the renewal of Reef Chain and Subscan’s mutual efforts for enhanced accessibility, developer tools, and visibility. The platform revealed this initiative in a recent social media post shared on X. We’re very happy to share the news that Reef and @subscan_io are working together once more!Subscan is re-integrating Reef Chain into their platform. This will make Reef available on their blockchain explorer, and restore API services as well.More to come as we approach the……
Over 30% of Bitcoin’s (BTC) circulating supply is now concentrated in the hands of just 216 centralized entities, according to the latest blockchain data from a Gemini and Glassnode report. The trend reflects both expanding institutional adoption and growing custodial centralization in the world’s largest cryptocurrency. The scale of this shift is striking. A decade ago, centralized exchanges collectively held just under 600,000 BTC for their users. Today the total amount of Bitcoin held across major institutional and custodial entities has surged to an estimated 6,145,207 BTC, a 924% increase over the past ten years. With this centralization comes as…
Solana’s SOL SOL$172.57 got a double dose of institutional adoption this week as two publicly traded firms revealed major initiatives centered on the blockchain’s ecosystem — one targeting liquid staking, the other aiming to raise up to $1 billion for direct investment.Canada-listed Sol Strategies filed a preliminary base shelf prospectus on Tuesday to offer up to $1 billion in securities, including equity and debt, to deepen its exposure to Solana. There is no immediate plan to raise capital, but the filing provides the firm with flexibility to act quickly on future opportunities. The move comes just weeks after Sol Strategies…
Know Labs (NYSE: KNW), a little-known healthcare stock, has skyrocketed over 200% following an interesting acquisition of its parent company, mainly funded through Bitcoin (BTC). The medical device company closed Friday’s session up 205% at $1.56 and is now up 213% over the past week. That momentum hasn’t slowed, with shares soaring another 100% in Monday’s pre-market trading to $3.13. The rally is fueling the announcement that Goldeneye 1995 LLC, an investment vehicle tied to Greg Kidd, former chief risk officer at Ripple, is acquiring a controlling stake in Know Labs using 1,000 Bitcoin and additional cash. At current prices,…
NeoSPCC has released v0.110.0 of the NeoGo node and SDK, introducing new features such as the NeoFS state fetcher service and implementing several bug fixes. State divergence fix A divergence in the blockchain state was identified at block height 6,701,925 on TestNet, affecting node synchronization. The bug stemmed from cache persistence and state sync errors. To resolve this, v0.110.0 introduces several fixes, including MPT initialization safeguards, improved intermediate state persistence, and corrected block-height initialization logic. TestNet node operators must either resync their database or reset to block 6,701,924 before restarting with v0.110.0 to avoid inconsistent behavior. MainNet nodes are not…
The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs has dragged on for nearly five years. It is one of the most closely monitored cases as the court decides whether selling XRP broke US securities laws. When people thought the case was finally over after Ripple and the SEC agreed to a joint settlement, District Judge Analisa Torres rejected the request because it wasn’t filed correctly under court rules. This minor setback looks like a procedural delay to some people, but others think it proves the legal system isn’t ready to handle cryptocurrency-related cases and…
IG Group is the first publicly listed company in the UK to let people buy, sell, and hold cryptocurrencies directly on its trading platform. The company’s decision allows the everyday investor to easily trade digital assets on a more transparent and regulated platform than many crypto exchanges. However, critics say the venture could expose people to more risks than wins because digital assets have unstable prices and don’t include investor protections. This begs the question of whether IG Group’s launch will make UK finance available to more people and encourage the safe use of the assets or whether it will…