Author: NBTC
Crypto investment firm Unicoin is gearing up for a courtroom clash with Wall Street’s top cop, as the Securities and Exchange Commission has signaled plans to press ahead with its pursuit of the Miami-based company, Decrypt has learned. According to co-founder Alex Konanykhin, the SEC’s Division of Enforcement gave Unicoin until April 18 to enter into settlement talks over allegations that the company knowingly violated both registration and antifraud provisions of federal securities law. That deadline has now passed, and Konanykhin says he has no intention of settling, vowing instead to fight the claims in court. “I fully intend to…
SoonChain, a leading L2 blockchain integrating gaming with AI technology for scalable and seamless solutions, has announced an exclusive collaboration with Klink Finance, a well-known cryptocurrency wealth generation firm. The partnership focuses on revolutionizing the Web3 sector with the integration of AI-led gaming with cutting-edge investment tools. The platform revealed this initiative in a recent X post. 🚨 Strategic Partnership Announcement 🚨We’re excited to unveil a strategic partnership between @soonchain_ai and @klinkfinance AI-powered Web3 gaming with the world’s #1 crypto wealth creation platform! 🤝🟦 Klink Finance and SoonChain are merging Web3 gaming with crypto… pic.twitter.com/vkg2jfXsoD — SoonChain 🟦 Testnet🔛 (@soonchain_ai)…
Steve Eisman says he’s taking a wait-and-see approach to the stock market right now. In a new interview with CNBC, the famous investor notes he’s dialed down the risk in his personal portfolio. “I’m waiting. I think we’re going to have volatility for quite a while. The Trump Administration has set up a situation where they’re going to be negotiating with multiple countries on multiple issues. It’s not going to take a couple of weeks, it’s going to take a few months, so I think, for the time being, volatility’s going to be here for a while.” Eisman, who’s known…
CryptoKitties creator Dapper Labs is set to launch six “Meowcoins” on Flow on Wednesday, with a seventh coin coming in a week’s time—and they’ll all feed into each other through a new gameplay loop for the firm’s Telegram game. To kick-start the new era, players of the two previous seasons of Telegram game CryptoKitties: All The Zen will receive an airdrop of some of these tokens on Wednesday. Releasing seven tokens, rather than one, is unusual in the world of Telegram gaming. But even single gaming tokens haven’t fared well of late. After attracting 300 million players last year, Hamster…
Coinbase has obtained internal documents from the U.S. Securities and Exchange Commission concerning the agency’s investigation into Ethereum 2.0, following a Freedom of Information Act lawsuit. Paul Grewal, Coinbase’s Chief Legal Officer, announced on X that the SEC disclosed a list of withheld documents. These documents include a May 2022 internal analysis of ETH 2.0 under the Howey test, a February 2023 email questioning Ethereum’s (ETH) classification as a security, and an April 2023 memorandum prepared for commissioners before authorizing the ETH 2.0 investigation. Also listed is the case closing narrative for the investigation. The SEC initially denied Coinbase’s FOIA…
During a recent conversation on “The Journeyman” podcast with financial expert Raoul Pal, Digital Currency Group founder Barry Silbert stated that 99.99% of cryptocurrency tokens are worthless. “Over the last…13 years since I first bought Bitcoin…I’ve always been intellectually curious about everything else that’s coming out of our space. I think, for the most part, 99.9% of crypto tokens that are out there have no reason to exist and are worthless,” he said. Silbert has noted that his bar for getting excited about something is “really really high.” The “crypto king” remains bullish on privacy tokens of the likes of…
As part of the partnership between VeChain and Stella Pay, the first 5,000 users will be given 200 B3TR tokens to help with the cost of buying the card. The Stella Pay Visa card enables customers to use B3TR, VET, and VTHO to spend at over 130 million merchants worldwide in over 200 countries. On April 12, CNF reported the release of the Stella pay Visa Card for VeBetter DAO users. The visa card allows users to spend B3TR, the reward token granted to those who engage in sustainable actions and actively participate in the VeBetterDAO platform. Besides B3TR, the…
Bitcoin is the crypto sector’s top asset and is also universally defined by U.S. regulators and courts as a commodity, putting it under the jurisdiction of the Commodity Futures Trading Commission. That agency is now seeking public comments on whether it should open the wider world of derivatives to around-the-clock trading, as already executed for bitcoin and other digital assets. Though the CFTC is expected to be established as a crypto market regulator in Congress’ ongoing effort to establish industry rules, the agency’s invitation for comments issued on Monday doesn’t explicitly discuss digital assets oversight. The request notes that “technological…
Bitcoin’s price rose again–even as stocks fell–spurring many traders who bet against the asset to close their positions. Over the past 24 hours, investors have liquidated more than $97 million in BTC short positions, according to data provider CoinGlass. Investors have closed nearly $180 million in short positions for all cryptocurrencies. The price of the biggest digital coin by market cap was recently trading at roughly $86,800, gaining 2.7% over the past 24 hours, crypto markets data provider CoinGecko showed. That was down from over $88,200 shortly after U.S. markets opened–its highest point since the end of March, but still…
The South Korean crypto market reflected the shifting sentiment in Q1. The retail-driven market may soon start to invite institutions, based on the latest Kaiko report. The South Korean crypto market slowed down in the first quarter of 2025, reflecting the general trend on other global centralized exchanges. The country’s markets rallied hard at the end of 2024, reaching a peak of $300M in daily volumes, per the latest Kaiko report. However, the first months of 2025 cooled down the enthusiasm. The South Korean crypto market usually served as an arena for some of the hottest altcoins. The country’s exchanges…