Author: NBTC

[ad_1] Dave Portnoy, an entrepreneur and owner of Barstool Sports, has made $70,000 off meme coins before dumping them, he said. In a recent video posted on X, he rants about dumping meme coins and people who are dissatisfied with their crypto investments. To all the shitcoiners crying right now. We all know the rules. We’re all trying to make a buck. Nobody is misleading anybody. If you are buying and selling shitcoins you should be prepared to lose your investment. It’s a risk. pic.twitter.com/u240QjlYZx — Dave Portnoy (@stoolpresidente) February 7, 2025 Portnoy revealed that he earlier bought MONTOYA and…

[ad_1] The New York Attorney General’s Office (NYAG) recently announced a $200 million settlement with Galaxy Digital, a prominent crypto investment firm founded by Michael Novogratz. The settlement alleges that the firm promoted LUNA without disclosing its financial interest in the asset, thereby violating the Martin Act and the Executive Law. Galaxy Digital is accused of purchasing LUNA in 2020, promoting it, and then selling its holdings without disclosing its intent to sell, thereby failing to disclose its financial interest in the asset. The office noted in a statement that the crypto firm sold “millions of tokens into the market…

[ad_1] Bitcoin swung up and down—as usual—over the last week, and while things were looking up midweek, familiar inflation fears helped sink the price by the time Friday rolled around. The coin’s price was recently at $82,480 per coin, according to CoinGecko, after hitting a nearly three-week high of $88,474 on Monday. As of this writing, Bitcoin is now down by almost 2% on the week. Bitcoin’s dip came after the U.S. Commerce Department reported Friday that the core Personal Consumption Expenditures Price Index, or PCE, was up 0.4% in February—its largest monthly increase in over a year. Traders are…

[ad_1] The following is a guest post from Susannah Evans, IBC Product Lead at Interchain Foundation. The future of the internet is shaping up to be promising, and there is no doubt that blockchain and Web3 technologies have been at the forefront of this innovation, promising decentralization, security, and financial sovereignty. However, despite all its advancements, mass adoption of the technology still remains elusive. The primary culprit? A poor user experience. Even though interoperability protocols have improved significantly, the process of moving assets and interacting across multiple chains still remains too complex for institutional and everyday users. The recent Cross-Chain…

[ad_1] A growing number of U.S. states are actively pursuing legislation to establish strategic bitcoin reserves, signaling increasing interest in cryptocurrency as a financial asset. Strategic Bitcoin Reserves: A Look at 15 States Taking Action This week, David Sacks, the U.S. crypto czar under President Donald Trump, told the press that he was tasked with exploring the feasibility of a national strategic bitcoin reserve. While discussions at the federal level are in their early stages, 15 states have already begun legislative efforts to incorporate bitcoin into their financial strategies, citing benefits such as economic diversification, inflation hedging, and technological innovation.…

[ad_1] U.S. Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) reintroduced a bill to help combat illicit finance and terrorist financing on digital asset platforms after the previous version passed the House of Representatives last year failed to make progress in the Senate before the end of the congressional session. The Financial Technology Protection Act (FTPA) introduced on Thursday would set up an interagency working group, also including crypto industry insiders, to scrutinize activity related to terrorism and digital assets. An earlier version of the bill was cleared in a routine vote by the House in July. “Digital assets are…

[ad_1] The decentralized AI blockchain, Matchain has joined forces with independent cloud provider Aethir to make AI and blockchain frameworks more accessible to users. Matchain collaborates to unite its identity solutions based on AI with Aethir’s GPU processing abilities which support scalable Web3 innovation. Matchain’s AI with Aetheir’s Cloud Computing to Boost Web3 Development Matchain functions as a system that protects DID data management along with user profiling capabilities through advanced artificial intelligence technology. The integration between Matchain and Aethir’s decentralized GPU cloud makes it possible for the platform to provide enterprises with the necessary computational power for deploying AI-driven…

[ad_1] El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting. Let’s start with some background on the matter. On January 29, 2025, the Legislative Assembly in El Salvador voted to remove bitcoin’s status as legal tender. This means that businesses in the country no longer have to accept bitcoin (not that this rule was ever strictly enforced while bitcoin was classified as legal currency, as far as I know; however, I have been told that big businesses that operate in the country (e.g.,…

[ad_1] Cryptocurrency analytics firm Santiment has identified the most-discussed topics on X (formerly Twitter) among crypto enthusiasts. The latest trends range from airdrops and celebrity-backed speculation to regulatory scrutiny and blockchain innovation. The Berachain project has grown in popularity largely due to promotional campaigns involving the distribution of BERA tokens. Many users have linked their wallets to benefit from the airdrop, while Berachain’s listing on major exchanges has further fueled speculation. Controversy surrounding USAID (United States Agency for International Development) has intensified following allegations of misuse of taxpayer money. Critics at X have raised concerns about funding scandals, mismanagement and…

[ad_1] Avraham “Avi” Eisenberg and his lawyers are seeking leniency in a recently filed sentencing memorandum related to his child pornography and cryptocurrency market manipulation charges. Eisenberg famously manipulated the Mango Markets DAO by entering into a series of transactions that allowed him to appropriate large quantities of assets. After the Federal Bureau of Investigations received a search warrant for Eisenberg’s phone, they identified child pornography on the device. Read more: Crypto felons SBF and Avi Eisenberg reunited in infamous NY prison The sentencing memorandum notes that Eisenberg states that he will not “break any more laws.” Additionally, it notes…