Author: NBTC
World Liberty Financial (WLFI), the DeFi project backed by the Trump family, on Saturday purchased $2 million each of Avalanche (AVAX) and Mantle (MNT) tokens, while its total portfolio continues to show substantial losses. According to data tracked by Arkham Intelligence, the entity acquired 103,911 AVAX tokens and 2.45 million MNT tokens after a purchase of 541,783 SEI on Thursday. WLFI’s investment portfolio now includes 11 digital assets, including Ethereum, Wrapped Bitcoin, Tron, Chainlink, Aave, ENA, MOVE, ONDO, SEI, AVAX, and MNT. As analyzed by Lookonchain, the crypto venture has invested approximately $343 million in these holdings and is currently…
Shiba Inu is evolving past its meme coin roots, when its lead developer Shytoshi Kusama announced that SHIB declared independence a year ago and has been working to become a self-sustaining network state. Going beyond just the metaverse, the upcoming launch of the Shib Operating System (Shib OS) aims to turn the project into a decentralized powerhouse with stronger privacy, better interoperability, and more flexibility. Kusama hinted at major announcements, including a bigger SHIB Metaverse, coming soon, though he kept the details under wraps. But he did point out on the long game; not just quick wins, as Shiba Inu’s…
An Argentine lawyer has requested an Interpol Red Notice against Hayden Davis, the co-creator of LIBRA. According to a March 12 report from local media outlet Página 12, attorney Gregorio Dalbon, known for having represented former Argentine president Cristina Fernández de Kirchner, filed the request with prosecutor Eduardo Taiano and Judge María Servini. For those unaware, an Interpol Red Notice is essentially a global alert requesting law enforcement agencies worldwide to locate and provisionally arrest someone. Similar notices have been asked for in high-profile crypto cases, including for Terraform Labs’ Do Kwon. In court documents, Dalbon reasoned that Davis played…
Global crypto exchange KuCoin is listing PAWS, offering a new trading pair (PAWS/USDT) on its spot trading platform. Trading begins at 10:00 UTC on Tuesday, March 18, 2025. Deposits are already open via the Solana SPL network. Withdrawals will be available starting at 10:00 UTC on March 19, 2025. According to the announcement, KuCoin will also support automated trading strategies for PAWS, including Spot Grid, Infinity Grid, and AI-based strategies. What Trading Features Will Be Available? KuCoin has scheduled a call auction period from 09:00 to 10:00 UTC on March 18, 2025, before spot trading officially begins at 10:00 UTC.…
Bitcoin mining firm Bitfarms announced today it has completed its acquisition of Stronghold Digital Mining, securing a 1.1 gigawatt growth pipeline across three sites in Pennsylvania and expanding its presence in the PJM market. Under the terms of the agreement, Stronghold shareholders received 2.52 Bitfarms shares for every share of Stronghold stock they owned. Stronghold also ceased to exist as an independent, publicly traded company. The entity became a wholly-owned subsidiary of Bitfarms. This means Bitfarms now controls all of Stronghold’s assets and operations. Its stock was removed from the NASDAQ exchange. The acquisition increases Bitfarms’ energy portfolio to 623…
Leading cryptocurrency Bitcoin (BTC) has been relatively stagnant in February, trading below $100,000. Despite Bitcoin’s stagnant trend, investors’ bullish expectations remain alive. According to option data, investors continue to place bullish bets. At this point, according to Amberdata, the $110,000 call option was the most preferred option by investors on Deribit this month. The $110,000 call option expiring on March 28 was the most popular option among investors, with buyers paying over $6 million in premiums for bullish calls, the data showed. Speaking to Coindesk, Amberdata derivatives director Greg Magadini said that the most active trade was the $110,000 option…
Kyrgyzstan launched USDKG, a gold-backed stablecoin, shifting focus from central bank digital currency (CBDC) to asset-backed digital alternatives. USDKG aims to build trust with gold reserves, offering an alternative to fiat-backed stablecoins and increasing financial security. Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin that is fully backed by the government. This decision not only marks a change in the nation’s emphasis from developing a central bank digital currency (CBDC) to something more pragmatic and maybe more stable, but it also concerns creating a new digital currency. Given the general uncertainty about crypto rules, Kyrgyzstan’s action is possibly rather audacious.…
IOTA’s latest integration enables a single transaction to call up to 1023 Move functions pending the much anticipated Rebased Protocol. An analyst has observed that the integration of MoveVM and EVM puts IOTA in the same category as Aptos and Sui. Pending the upcoming mainnet launch of the IOTA Rebased Protocol, a fresh integration has been made to ensure that a single transaction can call up to 1024 Move functions. According to the report shared on X, the Programmable Transactions would have two key concepts – Inputs and Transactions. Source: IOTA Meanwhile, IOTA expects all objects to be fully resolved…
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Yuga Labs, the company behind the Bored Ape Yacht Club and CryptoPunks NFT collections. The company announced this development in a statement, marking a significant shift in the SEC’s approach to digital assets. Yuga Labs confirmed that the probe had ended without any enforcement action, reinforcing the stance that NFTs are not securities. This decision follows a series of cases dropped by the SEC against major crypto firms, reflecting a broader regulatory shift under the new administration. Yuga Labs Investigation Concludes Yuga Labs revealed the SEC’s decision…
Bitcoin’s hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop, Hashrate Rises The network’s computational strength has strengthened, currently sitting over 67 EH/s above its Feb. 25 low. At that time, the hashrate hit 752 EH/s, but as of now, it’s holding steady at 819.65 EH/s, based on data tied to the seven-day simple moving average (SMA) according to hashrateindex.com. Right now, the hashrate sits about 30 EH/s below its peak high, which was hit on Feb.…