Author: NBTC

The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues, despite some recent developments. Ripple has recently gained attention as it was claimed that a U.S. court approved its request to fast-track the final judgment in the XRP lawsuit. This decision could mean the case, which has been dragging on for years, might end sooner and some even believed the timing is important, especially with SEC Chair Gary Gensler stepping down in January. However, legal expert Bill Morgan clarified that this approval is not related to the SEC’s enforcement action against Ripple. He pointed out that…

The Ethereum Layer-2 network Base, developed by Coinbase, has confirmed it has no plans to introduce a native token despite its rapid adoption and growing user base. Instead, the network remains committed to fostering decentralized application (dApp) development and empowering its developer community. Base Achieves Record TPS and TVL Without Token Incentive Jesse Pollak, the lead developer of Base, shared this vision in a post on X on November 30. Pollak emphasized that the team’s primary goal is to address real-world challenges by creating tools that enable developers to build better solutions. He described Base’s strengths as its open-source nature,…

Bitcoin’s price surge shows no signs of slowing down, with some predicting a breach of the $70,000 price tag in the coming weeks. The world’s largest crypto is currently trading at over $67,600 after swelling to highs not seen since the beginning of August, CoinGecko data shows. Yet where does the asset go from here? According to Jonathan de Wet, chief investment officer at Zerocap, Bitcoin’s upward momentum remains robust, he opined in an investor note on Wednesday. “We see [Bitcoin] at $70,000 in the coming weeks,” de Wet stated, pointing to a technical breakout providing a solid foundation for…

Binance, the leading cryptocurrency exchange, recently started listing some Solana-based memecoins, making these low-liquidity speculative cryptocurrencies surge in price. In this context, an anonymous trader is profiting from buying these coins “in the same second” of the listing announcements. While it is unclear whether it is the fruit of insider trading, which would be illegal, or a high-quality trading bot, this strategy is working, earning the market’s attention. According to a Lookonchain post on October 25, the trader made over $150,000 while scalping Binance’s listings. Scalping is a trading strategy that is even faster than the day trade. This happens…

Nigeria’s financial crimes watchdog has amended its lawsuit against Binance and one of its executives, accusing the exchange of laundering over $35 million. The Economic and Financial Crimes Commission (EFCC) submitted the amended lawsuit to Justice Emeka Nwite of the Federal High Court in Abuja this week, local outlets report. It alleges that Binance and its fugitive regional manager, Nadeem Anjarwalla, concealed $35.4 million generated by the exchange from its Nigerian operations despite knowing that the money was the proceeds of unlawful activity. The EFCC’s legal battle against Binance started early this year when the agency accused the exchange and…

Zesh has partnered with Bitgert (BRISE), a blockchain ecosystem known for its zero-fee exchange and high-performance infrastructure. This collaboration focuses on developing utility-driven solutions that foster Web3 growth and innovation. Bitgert offers the ultra-fast BRC20 network that handles over 100,000 transactions per second. 🚀 Zesh x Bitgert Partnership 🚀We’re thrilled to team up with @bitgertbrise , a revolutionary crypto ecosystem known for its super-fast blockchain and zero-fee exchange. Together, we’re exploring utility-driven solutions to empower Web3 growth and innovation. pic.twitter.com/PjnYW2ZdIw — Zesh (@ZeshApps) November 30, 2024 Some features covering the Bitgert blockchain ecosystem are DeFi platforms, NFT platforms, and buy-back…

The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA Holdings, the largest Bitcoin mining company by market cap, strategically accumulates BTC, outperforming traditional investments with its treasury strategy, while also exploring the risks and rewards of holding Bitcoin on the balance sheet. Notes: On February 26, 2021, Marathon Patent Group announced its name change to Marathon Digital Holdings, reflecting its position as a leading digital asset technology…

Cryptocurrency analytics firm Santiment has revealed the 10 altcoins that have seen the most growth in crypto development activity (GitHub) over the past year. Santiment said that according to the data, altcoins such as Optimism (OP), Avalanche (AVAX), and Arbitrum (ARB) are leading the increase in crypto development activity. According to Santiment, the growth in these altcoins has been proven by the increase in GitHub activity, and these increases indicate a positive trend for the future of these altcoins. Apart from OP, AVAX, and ARB, the list includes Solana (SOL), Harmony (ONE), Cosmos (ATOM), BNB Chain, Polkadot (DOT), Ethereum (ETH),…

Russian President Vladimir Putin has signed a new law that officially recognizes digital currencies as a form of property in foreign trade settlements under an experimental legal regime (ELR). Under the regulations, crypto mining and sales are not subject to value-added tax (VAT), TASS reported Friday. Crypto transactions facilitated within the ELR are also tax-free, the report noted. Yet, mining facility operators are required to report to the tax authorities who use their services. Those who fail to submit the information on time face a fine of 40,000 rubles. Income from mining crypto will be classified as “income in kind”…

At present, when data has become increasingly important just like currency, it requires adequate safety and tokenization is a process to do so. In this procedure, the data is converted into a token which works as a distinct identifier, helping to retain the integral information without any exposure. This article explores the concept of data tokenization, its comparison with encryption, its benefits, and its limitations. Data Tokenization: An Introduction To comprehend the concept of data tokenization, one needs to know about tokens. A token works as a non-minable digital unit existing as a registry entry within a blockchain. There are…