Author: NBTC

Wang Chun, co-founder of F2Pool — the world’s fourth-largest Bitcoin mining pool by hashrate — has accumulated a significant position in Ethereum following a sharp price decline. On-chain data tracked by EmberCN reveals that Chun withdrew 54,500 $ETH, valued at approximately $93.25 million, from the Binance exchange over a roughly 15-day period after the price of ether fell below $1,700. Whale Accumulation During Market Weakness The move, which began shortly after $ETH broke below the psychological $1,700 support level, signals a strong vote of confidence from one of the crypto industry’s more established figures. Chun subsequently staked 37,400 $ETH of…

South Korean cryptocurrency exchange Korbit has listed Spacecoin (SPACE), a decentralized physical infrastructure network (DePIN) project. To celebrate this milestone, Korbit announces an airdrop of 4.2 million SPACE tokens. This event runs until May 4, 2025, and targets both new and existing users. Korbit Airdrop Details and SPACE Token Distribution Korbit, one of South Korea’s major digital asset platforms, is distributing the tokens to eligible participants. The airdrop requires users to complete specific tasks, such as trading or holding SPACE. This strategy aims to boost liquidity and user engagement. The 4.2 million SPACE tokens represent a significant incentive for the…

Chilean prosecutors have just issued an arrest warrant for Jose Manuel Rios Guaido, the founder of crypto platform Plusspay, after an investigation revealed that his fintech business was connected to a money laundering network run by a criminal organization called Tren de Aragua. The Southern Metropolitan Regional Prosecutor’s Office conducted the raid as part of a broader crackdown on Tren de Aragua’s financial infrastructure in Chile, also known as “Operación Tokio”. However, prosecutors have not yet filed formal charges against Ríos Guaidó. Chilean founder implicated in gang crypto laundering Detectives from Chile’s Organized Crime Investigation Brigade raided Plusspay’s offices in…

Coinbase, one of the largest publicly traded cryptocurrency exchanges in the United States, has announced plans to list the Re (RE) token. The listing will make RE available for trading on Coinbase’s platform, providing increased liquidity and accessibility for the token, which powers a decentralized data verification and reputation network. What is Re (RE) and Why Does This Listing Matter? Re (RE) is the native utility token of the Re blockchain, a platform designed to create a decentralized infrastructure for data verification, digital identity, and reputation management. The project aims to address challenges in online trust and data integrity by…

Peter Thiel-backed crypto banking startup Plasma has unveiled Plasma One, a stablecoin-focused neobank that combines blockchain infrastructure, payments and consumer banking services into a single application. The launch helped push $XPL up about 20%, but the asset is still approximately 94% below its all-time high set in September 2025, per CoinGecko. Built on the Plasma Network, the company’s custom blockchain, Plasma One allows users to deposit stablecoins or fiat currencies, send cross-border transfers without fees, earn yield on balances and spend funds using a digital Visa card. The company said stablecoin adoption has been slowed by fragmented infrastructure that separates…

SmarterWebCompany, a firm listed on the London Stock Exchange, has announced the acquisition of an additional 25 Bitcoin ($BTC), bringing its total corporate treasury holdings to 2,830 $BTC. The purchase, confirmed in a recent corporate disclosure, underscores a continued trend of publicly traded companies allocating capital to digital assets as part of their balance sheet strategy. Strategic Accumulation in a Volatile Market The latest acquisition comes amid fluctuating cryptocurrency markets, where Bitcoin has experienced both sharp rallies and corrections. SmarterWebCompany’s approach reflects a long-term conviction in Bitcoin as a store of value and hedge against inflation, a stance increasingly adopted…

The recent market downturn has seen Ethereum effectively erase multiple years of gains as its price plummets back to a familiar level last seen around March 2021. Despite the several periods of bullish and bearish cycles when the market continued to see a mix of major rallies and sharp downturns, ETH has typically gone full circle according to recent data from popular crypto analyst Ali Martinez. Ethereum hits net gains? The data showcased suggests that a $10,000 investment made around March 2021 would still be worth about the same today as Ethereum is currently sitting at a zero net gain.…

Nvidia (NASDAQ: NVDA) stock could emerge as the biggest winner from the historic SpaceX (NASDAQ: SPCX) IPO, according to a new analysis from Lynx Equity. In a note published on June 16, the firm argued that investors seeking exposure to the long-term benefits of SpaceX’s growth may be better off owning NVDA stock instead of SPCX shares. The view comes after SpaceX completed the largest initial public offering in history, raising approximately $75 billion at $135 per share. The stock opened at $150 and closed its first trading session near $161, lifting the company’s valuation above $2 trillion. SpaceX stock…

In a significant move for blockchain staking, infrastructure giant Everstake has announced it will terminate all support for the Celestia network on April 28, 2025. This decision immediately impacts thousands of $TIA token delegators who must now redelegate or unstake their assets. The announcement, made via the company’s official X account, marks a pivotal shift in the modular blockchain ecosystem’s support landscape. Consequently, users face a firm deadline to secure their staked positions. Everstake Celestia Support Ends Abruptly Everstake, a leading non-custodial staking service provider, confirmed the cessation of its Celestia validation services. The company advised all users to proactively…

A coalition of U.S. cryptocurrency industry leaders has sent a joint letter to lawmakers urging them to preserve the original text of the Blockchain Regulatory Certainty Act (BRCA) provision within the broader Clarity Act. The provision, as originally drafted, would exempt developers and node operators who do not take custody of customer funds from being regulated as money transmitters. What the BRCA Provision Would Do The Blockchain Regulatory Certainty Act aims to draw a clear legal line between entities that handle customer funds and those that simply build or maintain the underlying technology. Under the provision, software developers who write…