Author: NBTC
According to onchain analytics from Arkham Intelligence, in the past 27 days, North Korea’s hacking arm Lazarus Group, has orchestrated the transfer of 3,932 BTC, valued at $331.99 million. Even after dispatching such a considerable portion, the remaining cache still cements North Korea’s standing as the third-largest nation-state bitcoin holder. Lazarus Group’s 27-Day Exodus Over the past month, the hacking syndicate Lazarus Group has orchestrated a significant number of crypto asset transfers. As of March 22, 2025, Lazarus held 13,332 bitcoin, totaling $1.12 billion, and Bitcoin.com News reported that these holdings were being moved across a multitude of unidentified addresses,…
Solana generated $369.5 million in revenue during Q1 2025, already reaching 50% of its total revenue from 2024. This demonstrates Solana’s faster revenue growth, exceeding Ethereum’s Q1 2025 revenue of $220.8 million. According to recent performance data, Solana is expected to surpass Ethereum’s total revenue for the year. Source: X Solana has been on an upward trend, propelled by its high scalability, low transaction fees, and its ability to handle large volumes of transactions. Over the years, Solana’s annual revenue has witnessed a significant surge. Related: Solana Losing U.S. Market Share: Could This Pump Chances of XRP ETF Approval? In…
Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by acting as a celebrity promoter, according to a court filing. Details of the settlement agreement, including the amount O’Neal will pay, have not yet been disclosed. Plaintiffs in the case are seeking up to $21 billion in total damages from O’Neal and other promoters, former executives and other insiders. The former basketball star-turned-business mogul was just one of a host of celebrity promoters named in the class action suit. Other athletes, including tennis player Naomi Osaka,…
Token unlocks have the power to move markets. They inject fresh liquidity, trigger price swings, and influence investors’ feelings about a project. During these events, projects release previously locked tokens, making them available for public trading. This week, three major projects are stepping into the spotlight—Scroll (SCR), Plume Network (PLUME), and Altlayer (ALT)—as they prepare to release a wave of tokens into circulation. Scroll (SCR) Unlock Date: April 22 Number of Tokens to be Unlocked: 40 million SCR (4% of Total Supply) Current Circulating Supply: 190 million Total supply: 1 billion SCR Scroll is a Layer 2 solution that boosts…
It seems that the XRP debate is not over. If anything, it is picking up steam again just as the altcoin gains traction with a major institutional milestone; it is also being pulled back into legal discourse. John Deaton, attorney and prominent voice during the Ripple v. SEC battle, being a legal representative of XRP holders in this case, recently weighed in after a critic on X dismissed the cryptocurrency as a scam and pushed Bitcoin and Ethereum as the only legitimate digital assets. Deaton’s response did not just defend XRP; it challenged the broader framing of regulatory fairness in…
Bitcoin’s (BTC) market dominance has surged to 64%, reaching its highest level in over four years. However, experts remain divided on what this means for the future. Some predict an impending altcoin season, and others caution that Bitcoin’s dominance could continue to suppress altcoins. What Does Bitcoin’s Rising Dominance Mean? For context, Bitcoin dominance (BTC.D) refers to the percentage of the total cryptocurrency market capitalization that BTC holds. It is a key indicator of Bitcoin’s market strength relative to other cryptocurrencies. A rising dominance suggests that Bitcoin is outperforming altcoins, while a decrease may signal growing interest or investment in…
TRUMP, the memecoin tied to U.S. President Donald Trump, gained more than 9% in the past 24 hours following a $320 million token unlock. The price now sits around $8.40, still down more than 88% from its peak above $71 on Jan. 18. The recent unlock may spell further trouble for investors, who are estimated to have lost a total of $2 billion after purchasing the token earlier this year. Token unlocks typically flood the market with new supply and tend to depress prices. But in this case, the market appears to have priced in the release beforehand, potentially explaining…
Ondo Finance met with the U.S. SEC’s Crypto Asset Working Group to present a regulatory framework for tokenizing publicly traded U.S. securities. The meeting, also attended by lawyers from Davis Polk & Wardwell, focused on how existing financial rules might apply to wrapped, tokenized securities on blockchain networks, according to an SEC memo. According to SEC documentation, Ondo Finance (ONDO) outlined its proposed structure for tokenized securities, raising issues tied to registration, broker-dealer compliance, market regulation, and state corporate law. The firm also discussed potential sandbox arrangements or relief measures that could support innovation while maintaining investor protections. Ondo’s leadership…
Bitcoin recently flashed some key bullish indicators, but low volume suggests that big traders are still cautious. Bitcoin is finally showing some bullish signs. On Thursday, April 18, Scott Melker, known as The Wolf Of All Streets to his many followers, pointed out that Bitcoin (BTC) closed above the 50-day simple moving average with a strong candle. While the price corrected to $84,349, it is still above the 50-day SMA level of $84,202. $BTC DAILYBitcoin finally closed a strong daily candle well above the 50-day moving average – a notable technical development, especially since that moving average is beginning to…
In a historic leap toward digital innovation, Japan’s Central Bank has officially confirmed that by 2025, every bank in Japan will adopt XRP for all payment transactions. This bold move positions Japan at the forefront of global crypto adoption. It is setting the stage for XRP to become the national standard for payments. But what’s capturing even more attention is the CryptoTradingFund (CTF) and its CTF token. It is the revolutionary rewards system integrated into the XRP Ledger. CTF Tokens: The Future of Cashback and Crypto Rewards Under this new system, customers across Japan will be able to use XRP…