Author: NBTC
Binance enables USDC deposits and withdrawals on the Sui Network, boosting liquidity and transaction speed. Users can now send and receive USDC on Sui directly via Binance, avoiding bridges and extra steps. SUI’s higher low signals buying interest, with $3.50 as key resistance and $2.50 as critical support. Binance, the world’s largest crypto exchange, has completed the integration of USDC on the Sui Network, enabling faster and more efficient transactions. The exchange has officially opened deposits and withdrawals for USDC on Sui. This expansion is expected to enhance liquidity, making the network more accessible. Sui’s team acknowledged the development on…
El Salvador has introduced a new artificial intelligence (AI) law to foster innovation while ensuring responsible development and regulatory oversight. On Feb. 28, the country’s National Bitcoin Office confirmed the legislation’s approval, highlighting its role in integrating AI into key sectors while maintaining data security and ethical standards. This new legal framework establishes clear guidelines for AI research and application, making it the first national law to prioritize open-source AI development. It builds on existing regulations, such as the Personal Data Protection Act and the Cybersecurity and Information Security Act, to create a structured environment for AI advancement. However, the…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Japan’s investment firm Metaplanet has issued $13.6 million in 0% ordinary bonds to fund the purchase of additional Bitcoin. Tokyo-listed firm Metaplanet is issuing 2 billion JPY (around $13.6 million) in bonds to EVO FUND, with the funds aimed at purchasing more Bitcoin (BTC) as part of the firm’s ongoing strategy to increase its holdings in digital assets. In a Feb. 27 regulatory filing, Metaplanet said the bonds carry no interest and will be redeemed at face value on Aug. 26. However, the bondholder, EVO FUND, has the option to request early redemption at any time. Early redemption can be…
iExec’s position in the realm of confidential computing and decentralized physical infrastructure networks (DePIN) will be strengthened. In the year 2025, iExec will increase the function of the RLC token, hence increasing its liquidity and usefulness throughout the whole sector. New collaboration with centralized exchanges will increase trading access, while larger liquidity pools on decentralized exchanges will help to deepen liquidity. The Web3 protocol iExec has revealed its roadmap for the year 2025, which includes core commitments to expand its decentralized ecosystem, improve its integration of artificial intelligence, and increase the usefulness of the RLC token. iExec’s position in the…
The Managing Partner and Founder of Burwick Law, Max Burwick, likely launched DOGSHIT2, the token at the centre of an ongoing Pump Fun lawsuit, despite claiming his firm had nothing to do with it. Research from crypto influencer Wirelyss shows that the account behind the launch of DOGSHIT2, “Bigbl,” shares the same crypto address with the purchaser of the DeGods NFT, “y00t #6430.” An associate of Burwick, @brandon_galang, met up with Burwick in 2023 for some “degen yoga.” Galang shared a picture of three individuals with NFT pictures covering their faces and tagged Burwick and “@dgoldzz.” The NFT on the…
The recent Bitcoin plunge to $82K coincides with a massive sell-off of 6,813 BTC by whales and sharks. This week, Bitcoin experienced a steep decline after a brief recovery, falling from around $96,500 to $82,455 before regaining some ground. At press time, Bitcoin traded at $86,009, marking a partial recovery of over $4,000. The decline coincided with President Donald Trump’s statement about imposing 25% tariffs on the European Union. Additionally, on-chain data revealed significant selling activity from large Bitcoin holders or “whales.” Whale Activity and Market Impact A chart from Santiment highlighted the correlation between Bitcoin’s price drop and large…
Today, KAITO, a new cryptocurrency, sparked interest from market participants. This came after data from Onchain Lens reported that a whale withdrew massive amounts of KAITO tokens from an exchange and sent them for staking. A newly created wallet has withdrawn 1M $KAITO worth $2.5M from #Binance and sent it for staking.Address: 0x2ba3dd20db1fd35d648be1be582ec563895d78fa pic.twitter.com/Ieec0jJzG4 — Onchain Lens (@OnchainLens) February 27, 2025 Whale buys 1 million KAITO tokens Today, Feb.27, data from Onchain Lens spotted a whale who created a new wallet and withdrew 1 million KAITO tokens worth $2.5 million from Binance. The whale then sent all the tokens for…
The US Securities and Exchange Commission’s (SEC) Commissioner Caroline Crenshaw has criticized the agency’s recent decisions to drop multiple crypto-related cases, calling the move unprecedented and dismissive of long-standing legal principles. The Commissioner also took issue with the SEC’s Division of Corporation Finance for its stance that memecoins do not qualify as securities under federal law, arguing that this position lacks legal foundation and clarity. SEC’s retreat from crypto enforcement Over the past week, the SEC has dropped multiple lawsuits against major crypto firms, including Coinbase, Robinhood, and Gemini. This shift follows the formation of a specialized crypto task force…
Changpeng Zhao, more commonly known as CZ, a Binance co-founder and its former chief executive, has published a tweet to address the crypto community about the importance of creating new products and improving the current ones in the crypto space. CZ also revealed his plans for the near future which do not mention building a new crypto exchange or any other crypto project. CZ won’t build a new project Responding to CZ’s tweet, where the former Binance boss urged the community to “keep building”, an X user and crypto enthusiast @Cryptoking stated that he remembered the crypto builders have never…