Author: NBTC
Crypto airdrop farmers have five confirmed valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors. Hub.xyz, OG Labs, Sentient, Monad, and Succint make for the top five crypto airdrops for the last week of February. Hub.xyz Decentralized Web3 social platform Hub.xyz confirmed its crypto airdrop, focusing on community engagement through AI training. The platform connects creators with brands through AI-powered solutions, leveraging artificial intelligence to analyze audience interactions and content trends. The airdrop rewards users for active participation in training the platform’s AI agents through social interactions on X (Twitter). Participants earn IQ Points based on…
As the smoke clears on its own newly dropped enforcement case, Coinbase is demanding the U.S. Securities and Exchange Commission cough up a record of its spending on investigations and actions against the wider industry in recent years The biggest U.S. crypto exchange is filing a Freedom of Information Act request — using its contractor History Associates Inc. — to obtain internal agency accounting for the expense of its enforcement campaign involving digital assets businesses. The document seeks total costs for investigations and enforcement actions in the past four years; a listing of targeted companies; the numbers of employees and…
According to a social media post by FTX payee representative Sunil, Kraken has begun notifying FTX users via email about the next round of FTX payout distributions scheduled for May 30, 2025. The upcoming distribution will cover claims under and above $50,000, marking a significant step in the ongoing repayment process for creditors affected by the FTX collapse. Creditors have been waiting for clarity on compensation since the exchange’s collapse in November 2022. Previous distributions primarily addressed smaller claims, while larger claimants faced delays due to legal and administrative processes. With Kraken confirming the May 30 timeline, creditors may finally…
CZ, the founder of Binance, the world’s largest cryptocurrency exchange, made a new post about Ethereum and BNB via his X account. Admitting that he missed the Ethereum opportunity, CZ said that missing the ETH train pushed him to establish BNB and Binance. Responding to a post on X stating that CZ and Ethereum founder Vitalik Buterin are two important names that have promoted the success and global popularity of the cryptocurrency sector, CZ praised Buterin. “Crypto wouldn’t be what it is today without Vitalik’s contributions, smart contracts, ERC20, NFTs, SBT, L2 and so much more. “I’m just a regular…
A recent Ethereum transaction caught widespread attention after a user paid 58.76 ETH, valued at $129,139, as a fee to transfer 285.85 WETH. This unusually high fee, which occurred on March 4, has sparked discussions within the community about Ethereum’s transaction costs. Many users expressed frustration with the network, particularly in light of fluctuating gas fees, which had recently hit a five-year low before seeing an increase. High Fee Sparks Community Reactions Users on social media reacted strongly to the high transaction fee, questioning Ethereum’s efficiency and cost structure. Some users cited the network’s slow transaction speeds and high costs…
In two X posts published on March 2 and March 3, respectively, Tether CEO Paolo Ardonio shared his plan for solving the electricity hunger in Africa. What’s his plan, and why does Africa have a special meaning for Tether? Ardonio’s announcement On March 2, 2025, Ardonio took to X to tell about his vision of how to tackle the power crisis in Africa. He stated that 600 million Africans don’t have access to electricity and shared his vision of a possible solution. Ardonio suggested that there is a “plan underway.” He believes a network of kiosks with high-performance batteries and…
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in a Feb. 24 tweet. Spot On Chain also revealed that that Circle had added 1 billion USD Coin (USDC) to Solana (SOL) in the past seven days. In January, Circle minted a total of 6 billion USDC on Solana. An additional 2 billion USDC was minted in February, bringing total issuance in 2025 to 8 billion USDC. Circle just minted…
The U.S. Securities and Exchange Commission (SEC) has agreed to drop its ongoing enforcement lawsuit against American crypto exchange Kraken, according to a Monday announcement from the firm. The SEC sued Kraken in November 2023, accusing the exchange of commingling customer and corporate funds while operating as an unregistered securities broker, clearing agency and dealer. Instead of settling with the SEC, Kraken chose to fight the charges, and a federal judge ruled the agency had a plausible case and should go to trial. Now, pending approval from the SEC’s commissioners, Kraken says the charges will be dropped “with prejudice, with…
Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapore that would allow it to offer a “fully-integrated solution” including custody, over-the-counter trading, and settlement, including fiat on and off ramps. In a press release shared with crypto.news, Calvin Shen, CEO of Hex Technologies Pte. Ltd., said Singapore remains a “key market” for Hex Trust, adding that the milestone now allows the custodian to double down…
MetaHubGlobal, the world’s first decentralized affiliate consuming platform, has announced a strategic collaboration with Bee Network on its official X page. Bee Network, renowned for its working on blockchain innovation since 2020, will now leverage MetaHub’s platform to democratize user access to blockchain solutions, enhancing user experience. 🚀PARTNERSHIP ANNOUNCEMENT 🚀MetaHub x Bee Network🤝We are thrilled to unveil our latest collaboration with @Beenetworkintl🎉🐝 Bee Network has been a Pioneering #Web3 and #blockchain innovation since 2020, with over 300 #DApps incubated. Join our 30M+ user community and… pic.twitter.com/5JN4WDMcbs — MetaHub Global (@MetaHubGlobal) March 5, 2025 MetaHub and Bee Network’s History of Serving…