Author: NBTC
Canadian Nvidia supplier Nebula Block has signed a strategic cooperation agreement with AI Cloud Blockchain platform, Swan Chain to purchase 100,000 hours of GPU computing power. Strategic Partnership of Nebula Block and AI Blockchain Swan Chain 🤝Swan Chain Partners with Nebula Block to Provide 100K+ GPU Hours for AI Inference We’ve just signed a strategic partnership with @nebulablockdata to deliver 100,000+ hours of GPU computing power for cutting-edge AI inference!🙌Nebula Block’s Deepseek AI service will be FREE… pic.twitter.com/pxUhHjEuK9 — Swan Chain (formerly FilSwan) (@swan_chain) February 5, 2025 As a part of the partnership, Nebula Block and Swan Chain will carry…
Bitcoin’s price has faced persistent downward pressure since reaching its all-time high of $108K on December 17, 2024, signaling possible instability in the market. Currently trading at $93,533, the cryptocurrency has recorded a 2.27% decline over the past 24 hours. Its market capitalization stands at $1.85 trillion, accompanied by a trading volume of $64.15 billion. This sustained downturn raises a critical question among market participants: when will Bitcoin’s price descent come to an end? BTC Price Trends and Key Support Levels Over the past three days, the BTC cryptocurrency has shown a consistent bearish trajectory, dropping from a critical resistance…
Just days after reassuring the crypto market and buying more Ethereum (ETH), World Liberty Financial rapidly moved all holdings to new addresses. The Trump family DeFi fund sent out all ETH and other tokens, with suggestions the fund may join the panic-selling. World Liberty Fi is moving all assets from its public portfolio, with multiple outflows within a couple of hours. After holding for months and even achieving some unrealized gains, World Liberty Fi even continued buying and holding Ethereum (ETH) during the latest market stagnation. The moves did not stall the recovery of ETH, which has gone up from…
Ripple USD (RLUSD), a hotly-anticipated stablecoin by U.S. fintech giant Ripple, went live Dec. 17, 2024 after months of testing. Ripple USD (RLUSD) is now live on global exchanges. An enterprise-grade stablecoin built for everyone, $RLUSD combines fiat stability with blockchain efficiency: ➡️ Instant global payments, 24/7 ➡️ Seamless on/off ramps ➡️ Access value in real-world assets.… pic.twitter.com/lJ43GdoDGR — Ripple (@Ripple) December 17, 2024 In this guide, we are going to discuss the features of the new stablecoin, its role for the segment and the potential impact on the XRP price. Ripple’s RLUSD stablecoin gains traction: Highlights Ripple USD (RLUSD)…
The U.S. federal court from Florida has ordered three individuals to pay more than $128 million in penalties for orchestrating a fraudulent commodity trading scheme that ensnared over 12,500 investors through a platform called EmpiresX. Brazilian nationals Emerson Pires and Flavio Goncalves, along with Florida resident Joshua Nicholas, must pay disgorgement and civil penalties for violating the Commodity Exchange Act, according to the default judgment from the U.S. District Court for the Southern District of Florida. The court ordered Pires and Goncalves to jointly pay $32 million in disgorgement and $96 million in civil penalties. Nicholas faces separate penalties of…
The Algorand Foundation has publicly urged Elon Musk’s Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand’s technology could enhance transparency, particularly in tracking federal expenditures. According to Algorand, its blockchain is built with quantum-resistant security, making it ideal for safeguarding sensitive government data and preventing tampering. Algorand is a proof-of-stake blockchain that was launched in 2019. While its ALGO native token ranks among the top 50 cryptocurrencies by market capitalization, adoption of the network has been slow. Moreover, the project also faces legal scrutiny,…
The hawkish stance in the FED minutes released last night deepened the decline in Bitcoin, while the US government’s subsequent court permission to sell the Bitcoins seized from Silk Road affected the price even more negatively. The Bitcoin price fell below $93,000, creating fear among cryptocurrency investors. Evaluating this decline, Singapore-based crypto firm QCP Capital said that there is a possibility that the Bitcoin price may drop to $90,000. Stating that macroeconomic concerns have increased with the FED minutes last night showing an increasingly hawkish stance, QCP analysts said that this situation could continue to pull down Bitcoin and altcoin…
Just about a decade ago, Ethereum was hailed as the world’s most innovative blockchain, and even its developer, Russian programmer Vitalik Buterin, became so loved by the crypto community that they called him Nakamoto 2.0. Years later, the second-largest crypto by market cap is crumbling under the weight of its own ambitions. We might know why. Ethereum’s problems didn’t start with the Ethereum Foundation’s executive director, Aya Miyaguchi; as a matter of fact, we could argue she’s not to blame at all. At the center of it all is Ethereum’s founder, the de facto “board” or “sole decision maker” of…
The Jupiter airdrop, also known as “Jupuary,” is a highly anticipated event for Solana blockchain users. If you’ve been trading, staking, or contributing to Jupiter, you might already qualify for this reward. This guide sets out how to claim the Jupiter airdrop, ensuring you don’t miss out on your share of the 700 million JUP tokens — almost $580 million in value — up for grabs. In this guide: How to claim the Jupiter airdrop? What to know about the Jupiter airdrop? What’s the purpose of the Jupiter airdrop? Stay safe when claiming airdrops How to claim the Jupiter airdrop?…
Crypto exchange Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer. U.S.-based cryptocurrency exchange Kraken has hired Ben Gray as its new chief legal officer to strengthen its legal team. In a blog announcement, the exchange said that Gray will oversee the company’s legal, compliance, and enterprise risk management. Kraken co-CEO Arjun Sethi says Gray will play a “critical addition” to the exchange’s leadership team as the trading company scales the business. “His deep experience as a general counsel and chief compliance officer make him an ideal CLO for Kraken, as the…