Author: NBTC

The decision of Binance to refuse the listing of Pi Coin has caused an earthquake in the world of cryptocurrencies. Following the announcement, the price of $PI plummeted to 0.43 dollars. The news has triggered a wave of reactions among investors and the Pi Network community, fueling doubts about the transparency of the project and opening a reflection on the strict compliance policies that today regulate the main global exchanges. Why did Binance say no to Pi Coin? The impact on the community: backlash and negative ratings The Pi Network case: between MLM and lack of transparency Binance and the…

José Fernández da Ponte, formerly the head of blockchain at PayPal, has left the fintech giant, where he oversaw the roll-out of digital currencies and stablecoins, to become president and chief growth officer of the Stellar Development Foundation (SDF). The foundation also said it appointed Jason Karsh, a former Block and Blockchain.com executive, as chief marketing officer. The Stellar blockchain operates a cash on and off-ramp network through MoneyGram as well as tokenizing real world assets with partners including Franklin Templeton. But going back over a decade, Stellar has kept in mind humanitarian missions such as improving financial inclusion in…

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Today’s Bitcoin Pizza Day is shaping up to be a special one.Yes, it’s the first Pizza Day where the two pies in question are worth over $1 billion, but that’s not what I’m talking about here. No, sometime today, in the heart of New York City, in the back of a humble bar room, Laszlo Hanycez’s heroic contribution is going to be honored with something else — a simple metal plaque that represents his induction into the Bitcoin Hall of Fame.Officially launching at Pubkey Bar and…

StakeStone officially announced the introduction of the USD1 Vault, a decentralized finance product created in partnership with CIAN Protocol and supported by World Liberty Finance (WLFI). The vault will allow access to fixed on-chain yield via the USD1 stablecoin. $1 is 1:1 backed with U.S. Treasuries custodied by BitGo and has transacted more than $2.1 billion in issuances across leading exchanges such as Binance, Bitget, and HTX. Big news. We have just launched the USD1 Vault – built by us, powered by @CIAN_protocol, and backed by @worldlibertyfi.This isn’t just another vault.It’s your gateway to real yield from one of the…

Ethereum’s price action produced a strong bullish signal. ETH has surged past the $3,000 mark with increasing volume and steady momentum following months of consolidation between $2,500 and $2,800. The formation of a rarely seen technical signal is the cross of the 100-day EMA over the 200-day EMA, which is even more bullish than the breakout alone. The traditional golden cross, in which the 50-day EMA crosses above the 200-day EMA, is the focus of most traders’ attention, but the 100/200 cross is a completely different animal. It indicates not only medium-term bullishness but also the potential for a structural…

Over half of investors that Russia considers qualified enough to assign money into crypto assets have already purchased cryptocurrencies, a new survey shows. Most of those who haven’t tried it yet would like to do so in the future, according to the poll that also found that they prefer to convert Russian rubles into digital coins. 90% of qualified Russian investors attracted to crypto A sizable majority of Russian investors allowed to legally trade crypto have either acquired cryptocurrencies like Bitcoin (BTC) or plan to do that. That’s according to a recent study carried out amid a growing crypto turnover…

Paul Atkins, the newly appointed chair of the US Securities and Exchange Commission, has removed Erica Williams from her role as head of the Public Company Accounting Oversight Board (PCAOB). The decision brings an abrupt end to a reform-heavy tenure and marks a clear turn in Washington’s approach to market oversight. Williams, a former SEC lawyer and the first Black woman to lead the PCAOB, confirmed to staff on Tuesday that Atkins had asked her to step down. Her last day will be July 22. Her departure is more than just a change in leadership; it signals the rollback of…

Richard Teng, the CEO of Binance, has highlighted the growth of the leading cryptocurrency exchange over its eight-year existence. In a post on X, Teng celebrated the resilience of the exchange and all who believe in the project. Binance’s global reach despite regulatory crackdowns Notably, Teng emphasized the remarkable resilience of Binance since its launch in 2017. The crypto exchange has faced numerous regulatory hurdles in various countries and regions where it has attempted to operate. It has also survived several bear markets within these eight years and, most importantly, a major leadership change. This includes the departure of its…

Boundless, the decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, has launched its incentivized testnet (which it is calling “Mainnet Beta”) on Base, Coinbase’s Ethereum layer-2 network. With Boundless’ incentivized testnet, developers can build and test applications in an environment as if the protocol is in fully live format. The network has already landed early support from industry heavyweights like the Ethereum Foundation, Wormhole and EigenLayer. A decentralized marketplace for zero-knowledge compute connects those who need zero-knowledge proofs — such as developers building rollups, bridges, or privacy-preserving applications — with a distributed network of independent “ZK provers or miners”…

On-chain analytics platform Glassnode noted in a recent tweet that 15 years after Laszlo Hanyecz made history by spending 10,000 BTC (now worth $1.1 billion) on two pizzas, some of those early-era Bitcoins are still moving. According to Glassnode, Bitcoin from the Satoshi era, which refers to the period when the Bitcoin creator was still active in the crypto space, is quietly shifting on-chain. These ancient wallets, which were formerly deemed dormant, have seen fresh activity in recent months. Glassnode observed that the >10-year cohort’s share of Bitcoin’s Realized Cap has dropped from a peak of 0.045% to 0.033%. Notably,…