Author: NBTC

Former Mt. Gox CEO Mark Karpeles has broken his silence following the start of a 141,686 BTC refund from the infamous bankrupt exchange. On July 5, 2024, Mt. Gox, which has been under scrutiny since its collapse in 2014, made a significant transfer of 47,229 BTC, valued at $2.71 billion, according to Arkham Intelligence. This transfer included subsequent movements to and from various wallets, causing fear and uncertainty in the community. In response to these events, Mark Karpeles, the former CEO of Mt. Gox, expressed relief that customers were finally receiving their Bitcoin after more than a decade of uncertainty.…

Billy Markus, who joined forces with another software builder Jackson Palmer in 2013 to create the very first meme cryptocurrency Dogecoin, has taken to the X platform to pay tribute to the legendary meme Shiba Inu dog Kabosu passing away on Friday. DOGE founder comments on Kabosu’s passing After becoming a meme in 2010, Kabosu inspired the Dogecoin creators and became the mascot of this original meme crypto. Markus, known on X as Shibetoshi Nakamoto, published a post about Kabosu talking to Death, in which the dog says that “it’s time to go.” She asks Death if she “was a…

Individuals investing in XRP today potentially prepare themselves for returns exceeding 600% should XRP trade at $3.84 again. XRP has welcomed a few positive reports this week, but its price has remained stable at around $0.5346. Zooming out to the 30-day scale, XRP has only experienced 2.18% growth, languishing around the $0.5 threshold. However, proponents are ever confident about the asset’s potential for aggressive movement. To this end, a notable XRP commentator recently outlined profit targets XRP holders can anticipate upon a reclamation of the $3.84 all-time high. Precisely, this assessment visualizes the potential yields for wallets holding between 5,000…

Bitcoin (BTC) recently crashed to a four-month low, losing more than 25% from its all-time high of $73,135 reached on March 13, erasing billions and causing a broader cryptocurrency market downturn. BTC is currently trading at $55,291 after erasing 3.06% over the past 24 hours, adding to the losses of 10.11% in the previous seven days. Since its March 13 high of $1.4 trillion, the flagship digital asset has lost $350 billion from its market cap, as per the latest data retrieved by Finbold from CoinMarketCap. This downward trend has been bolstered by the large volume of sales and the…

Pendle Finance, a prominent decentralized finance (DeFi) protocol specializing in yield trading solutions, is staging a strong recovery following a major security breach earlier this year. The incident, involving a malicious DNS redirect and domain hijack attempt, led to a temporary shutdown of Pendle’s app. However, swift action by Pendle’s team to regain control and ensure user fund safety has set the stage for a significant comeback. PENDLE token price rebounds Pendle’s native token, PENDLE, has shown a notable recovery, surging by 15.8% over the past 14 days. At the time of writing, the token was trading at $4.22. Despite…

In the vast and still experimental cryptocurrency market, influencers and enthusiasts often share insights into their favorite cryptocurrencies. Usually, they will hold these assets as personal investments—a normal behavior expected from someone enthusiastic about an asset. However, influencers can use their influence to lure exit liquidity for tokens they hold but do not plan to keep in the long term. This is what recent on-chain and social activities suggest could have happened to a known meme coin trader. Notably, Lookonchain spotted a possible divergence between words and on-chain activity from James Wynn (@JamesWynnReal) on X on May 25. Influencer James…

The Apeiron AGW League is kicking off this week, starting with the SEA League starting on 23rd July. This will be followed by the NA league on 30th July. After that, every week will alternate between the two leagues. The top 3 players with the highest MMR from each of the qualifying guilds in these leagues will be invited to participate in the AFW League. There will be three matchdays per week, and one player from each guild will fight one player from the opposing guild per matchday. Each week, all 3 players from each guild are required to play.…

As it is known, Mt.Gox announced that they have officially started refunds. While on-chain data also showed that Mt.Gox wallets sent large amounts of Bitcoin to BitBank and some wallets, according to Reddit, many users said BitBank received Bitcoin (BTC) and Bitcoin Cash (BCH). Users can confirm that the amount of BTC and BCH received by BitBank is Mt. Gox said it was exactly the same amount as shown on the chart. According to data, Mt. Gox transferred 1,544.67 BTC (approximately $84.87 million) to Japanese exchange Bitbank’s hot wallet today. According to the Reddit, several users said that their Bitbank…

Novel DeFi protocol InceptionLRT attempts to set new standards for the sphere of liquid restaking. It melds the instruments of various staking and restaking applications under a single application interface and removes the need for switching between apps. InceptionLRT develops first one-for-all Restaking SuperdApp Launched in Q1, 2024, InceptionLRT qualifies as the Restaking SuperdApp. Technically, it is a multi-functional application that unifies different services into an easy-to-use platform, leveraging EigenLayer middleware for thousands of end users. By integrating the most advanced technologies, InceptionLRT aims to set the standard for Liquid Restaking, maximizing accessibility, efficiency and user empowerment. To address the…

Vitalik Buterin proposes the first block in the preparation of Ethereum L2 rollup Taiko Mainnet. Ethereum co-founder expresses his support for the project. Ethereum co-founder Vitalik Buterin proposed the first block of the L2 rollup projectTaiko, boosting its preparation for the mainnet launch. Buterin highlighted Taiko’s based-rollup approach as a diverse approach. In the block, he left a message: “I’m excited to see that Taiko is launching as a based rollup. Ethereum benefits from L2s taking a plurality of different approaches, and I appreciate them being among the first to go in this direction.” Established in 2022, Taiko deploys based…