Author: NBTC

Prosecutors have charged Jeremy Jordan-Jones, the self-styled founder of a now-defunct crypto startup called Amalgam, with fraud, alleging that he swindled investors in his “sham blockchain” of more than $1 million, using the money to fund a lavish lifestyle. According to prosecutors, Jordan-Jones painted Amalgam as a tech company that created blockchain-based point-of-sale payment systems, which he claimed had multi-million-dollar partnerships with sports teams including the Golden State Warriors and a professional soccer team in England’s Premier League, as well as a big restaurant conglomerate with more than 500 restaurants. None of these partnerships existed, prosecutors said. Jordan-Jones also allegedly…

The Flux ecosystem’s latest FluxINTEL is making it easier for organizations to deal with their documents through a new, decentralized approach. With compliance, contracts, and document rules slowing down decision-making in today’s world, the platform turns traditional files into exciting, real-time resources that respect data privacy. Documents aren’t just data, they’re decisions waiting to happen.FluxINTEL reads, understands, and extracts value from complex documents in seconds.From compliance to contracts, it turns static files into actionable intelligence.Smart docs. Smarter outcomes. pic.twitter.com/RwPbmmTEdM — Flux I Decentralized Cloud (@RunOnFlux) May 24, 2025 Taking Documents and Moving Them to Action In essence, FluxINTEL quickly reads,…

A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure exceeds the proportion that bought gold by nearly 24%, indicating that Americans viewed the top cryptocurrency as a “modern hedge” against economic turmoil. The study, which featured some 1,290 participants, indicated 71.60% of respondents allocated more funds to BTC than to gold after tariff announcements.…

While Qatar maintains its strict official stance against speculative crypto trading and investment, the nation is simultaneously making significant headway in the broader digital asset space, particularly when it comes to asset tokenization. At a recent Gulf panel discussion, financial leaders highlighted Qatar’s cautious but proactive approach to blockchain innovation through regulated channels. Crypto Ban Holds, But Digital Asset Innovation Advances Yousef Al-Jaida, CEO of the Qatar Financial Centre (QFC), reiterated that the country’s central bank prohibits crypto trading and investment. This ban includes restrictions on accessing banking services for crypto-related activities. However, Al-Jaida emphasized that this policy does not…

Today, May 13, 2025, the largest meme cryptocurrencies are in the red. While the cryptocurrency segment takes a breath, top dog-themed coins are losing value. Owners of both large- and mid-cap meme coins are under fire today as their assets are underperforming. Shiba Inu (SHIB) price down by 6.6%, Dogecoin (DOGE) follows Shiba Inu (SHIB), the second largest meme cryptocurrency by market capitalization, loses 6.6% of its valuation overnight. The SHIB price hit $0.00001552 on plunging data volume, CoinGecko’s data says. Dogecoin (DOGE), the first and largest canine coin, is also in the red. The Dogecoin (DOGE) price dropped by…

Former SafeMoon CEO Braden John Karony has been found guilty on all criminal counts against him: conspiracy to commit securities fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. SafeMoon was a briefly popular project, reaching a maximum market capitalization of approximately one billion dollars before collapsing, according to CoinGecko. Karony’s misrepresentations to investors in this project included key token mechanics, critically, so-called locked liquidity pools, in his promotion of the token. Karony and the other SafeMoon leaders withdrew tens of millions of dollars of value from these pools, despite representing them as locked. Read more: SafeMoon…

Coinbase-backed Base, an Ethereum Layer 2 network, is set to undergo significant upgrades to make it faster, cheaper, and more decentralized. Jesse Pollak, the lead developer of Base, posted the network’s upgrade plans on X on May 24. Base Targets Overhaul That Could Challenge Solana and Sui The Coinbase executive explained that the improvements would scale Base to meet rising demand from both users and developers According to Pollak, the team is working to reduce transaction confirmation times to 200 milliseconds and keep network fees consistently under $0.01. Those two goals are part of a broader plan to process over…

Cryptocurrency-focused economist Timothy Peterson suggested in his analysis on social media that Bitcoin could reach an all-time high within the next 100 days. Peterson bases his prediction on three key data sets: trend analysis, seasonality, and market volatility. According to Peterson, the upward movement in the Bitcoin price is based on a trend that has been going on for 2 years. Stating that this trend is supported not only by technical analysis but also by fundamental dynamics such as “adoption economics”, the economist said, “If this trend continues, Bitcoin could rise above $ 135,000 in the coming period.” Peterson also…

Tokenized U.S. Treasury bonds have officially surpassed $7 billion in aggregate value, gaining an additional $54 million over the course of the past week. Several top-tier funds have been accelerating in growth, delivering double-digit percentage returns throughout the past month, while Blackrock’s BUIDL stands a mere $101 million away from reaching the $3 billion benchmark. Tokenized Treasuries Attract a Flood of Yield Hunters As of Friday, May 23, 2025, the cumulative value of all tokenized U.S. Treasury funds has reached $7.05 billion. Over the past month, this figure has expanded by $1.15 billion, with $54 million added during the most…

According to IntoTheBlock data by Sentora, Chainlink has skyrocketed 125% in large transaction volume, a metric indicative of whale activity. In the last 24 hours, Chainlink’s large transaction volume came in at $133.94 million, or eight million LINK in crypto terms. On-chain data reveals that millions of LINK tokens have been transferred in recent hours, suggesting that major players are repositioning for what could be Chainlink’s next price move. According to blockchain tracker Whale Alert, over 2.5 million LINK were shifted from Bybit crypto exchange to unknown wallets in two transactions. Whale Alert reports separate transactions of 1,250,000 LINK worth…