Author: NBTC
The recent arrest of Pavel Durov, founder of the Telegram messaging platform, has sparked intense discussions on human rights and digital freedom. The United Nations has expressed serious concerns over the implications of Durov’s detention under French law, emphasizing the complex nature of the case. “This is a very complex case. It raises a lot of human rights concerns,” stated Ravina Shamdasani, a U.N. Human Rights Office spokesperson. This article explores the implications of Pavel Durov’s arrest and the broader discussion surrounding human rights in the digital age. The Arrest of Pavel Durov: A Defining Moment for Digital Rights? Pavel…
Metaplanet, a Japanese public company recently known for its steady Bitcoin accumulations, has acquired an additional ¥500 million worth of Bitcoin (BTC), said Simon Gerovich, the company’s CEO in a recent post on X. Always be stacking #Bitcoin @Metaplanet_JPpic.twitter.com/c34goVoLa8 — Simon Gerovich (@gerovich) August 13, 2024 The latest acquisition brings Metaplanet’s total Bitcoin holdings to around 303 BTC, valued at nearly $18 million. The move came after the company announced last week it had secured a ¥1 billion loan dedicated entirely to purchasing Bitcoin. Metaplanet also revealed plans to raise about $70 million through a stock rights offering, allocating approximately…
Ethereum’s price has fallen to $2,465, dropping below $2,500 from recent highs. In the past 24 hours, $320.86 million was liquidated, with $103 million in ETH leading the losses. The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach the $3,000 zone—a level it had comfortably maintained for five consecutive months. Now, ETH is trading within February’s price range, marking…
The largest meme community, BONK, and the largest Modular L2, Manta Network, partnered up for the ultimate Meme-ta szn on Manta Pacific in July. Now, their launch rewards campaign, “Dual Citizenship Rewards,” is ready to conclude, with the ending date coming tomorrow, August 31st. The claim period for Dual Citizenship Rewards with @bonk_inu ends on August 31st!Claim your $MANTA rewards here: https://t.co/YfSRuCYpqXOnce you’ve claimed, dive into fun activities on #MantaPacific with @ElfinGames and @GullNetwork!Details below 👇 pic.twitter.com/YUSeXNJxsB — Manta Network (🔱,🔱) Meme-ta Szn (@MantaNetwork) August 30, 2024 Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is…
With Bitcoin (BTC) still struggling to surpass and stay over the critical psychological price level at $60,000, some cryptocurrency experts predict another massive crash before the maiden crypto asset can continue toward making new all-time highs (ATHs). As it happens, Bitcoin has been increasing its dominance in recent weeks, signaling the possibility of a strong crash as it happened before, according to the observations shared by pseudonymous crypto market analyst Mikybull Crypto in an X post on August 12. Bitcoin crash before recovery Specifically, the crypto trading expert has noted that Bitcoin’s “crash down will be as violent as it…
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024 Bull Run Bypasses It As highlighted in nftevening.com’s 2024 report, the once-celebrated future of digital ownership, the NFT market, is currently grappling with significant hurdles. The report scrutinized over 5,000 NFT collections and around 5 million transactions to assess the present state of the market. A staggering 96% of NFTs were deemed “dead,” meaning they…
Ethereum cofounder Vitalik Buterin just revealed that almost 90% of his net worth is invested in ETH, reinforcing his strong belief in the strength of the second-biggest asset on the market. The reason behind this disclosure was a wider conversation regarding Ethereum’s function as a store of value (SoV) and its significance on the DeFi network. About the platform’s positioning, specifically ETH’s function as a significant store of value, there has been continuous discussion within the Ethereum community. As a result of regulatory concerns or other risks, some users have criticized the Ethereum Foundation and its core developers for not…
After United States President Joe Biden withdrew from the race for his re-election, replaced by his Vice President Kamala Harris, her planned economic policies, deemed even more radical than the current President’s, have attracted scrutiny and criticism, including from a popular economist. Specifically, Peter Schiff has criticized Harris’s proposed economic plan as increasing inflation, arguing that inflation is not the solution but rather the opposite, as he explained in an X post published on August 30. Indeed, as Schiff pointed out: “Kamala Harris’s economic plan can be summarized in one word: inflation. That’s the only ‘solution’ she offers for every…
Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana. The project announced this on Sept. 3, noting that the decision to shut down its NFT marketplace on Solana (SOL) was a difficult one. Hyperspace plans to fully sunset the Solana offering by September 17, 2024, and has advised users to delist their NFTs before this date. In addition to removing website support for Solana NFTs, the platform will also sunset its application programming interface. This will begin on Sept. 17, as the Hyperspace team posted on X. “While it’s a difficult decision to make,…
The crypto market saw a horrific crash earlier today as top cryptocurrencies saw a major fall in their prices. CoinGlass reveals that almost $333 million were wiped out of the market in the last 24 hours. Nearly $272 million of it were in long liquidations as a majority of traders were in long positions owing to the positive sentiment before the crash. The price of Ethereum (ETH), the second largest coin on the market, also went downhill during this time. It went from trading around $2,659 to trading at $2,421 within 12 hours. Moreover, the coin saw total liquidations of…