Author: NBTC

The clock is ticking for FTX creditors as the January 20, 2025 claims deadline approaches. A complex claims process, including KYC verification and tax submissions, has left many struggling to meet the requirements. Missing these deadlines could result in delayed payouts or even the loss of claims, adding to creditors’ anxieties. Bahamas FTX Claim DistributionMost are stuck on KYC, unable to choose Payment InstructionFTX set 20th Jan deadline to complete:1) KYC2) Tax forms3) Choosing Distribution Agentfor claims <$50kFTX customers involved are concerned with the Bahamas process and deadlines pic.twitter.com/yQVQyHvAnP — Sunil (FTX Creditor Champion) (@sunil_trades) January 6, 2025 What Creditors…

Chainlink’s native token LINK surged 29% on Dec. 3 as supporters positioned it as the true “bank money,” drawing comparisons to XRP. Chainlink’s LINK Token Soars 29% and Is Dubbed Real ‘Bank Money’ by the Community This surge took LINK from $16.54 a week ago to $26.90, a 53% gain in seven days. The rally follows a number of developments in Chainlink’s ecosystem and renewed discussions in the crypto community regarding LINK’s role in connecting blockchain networks to traditional financial systems. LINK’s rise coincided with a notable rally by XRP, which climbed to $2.46 before recently pulling back. XRP’s rally…

Michael Saylor, Executive Chairman of Microstrategy, would be open to taking a crypto advisory role in the Trump administration. However, he declined to disclose if he had already met with President Trump to discuss this subject. Michael Saylor Open to Serve Under Trump Michael Saylor, Executive Chairman and co-founder of Microstrategy, the public company that holds the most bitcoin, remains open to taking a crypto advisory role in the upcoming Trump administration. In a recent interview with Bloomberg, Saylor was inquired about his political views and possible involvement with the upcoming administration. When asked if he had met with President…

FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and FTX employees. FTX EU, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), cost Backpack $32.7 million, the exchange said. Backpack’s new European arm will offer a full suite of crypto derivatives throughout the EU, starting out by capitalizing on its position as the only regulated perpetual futures provider across Europe, according to Armani Ferrante, CEO of Backpack Exchange. A number of crypto trading firms have applied…

In a significant move, CryptoPia is excited to announce a new partnership with AIMon. The intention of this collaboration is to open new horizons for two communities. The first project will see the partnership bring exclusive events and unique cross project integrations which will present fresh growth opportunities. CryptoPia shared the news across their official X social media account. Excited to team up with @AIMonMetaverse! 🌐💡 Step into AIMon: Where AI Come Alive – a world where you can catch and evolve your own creatures, tailored to your gameplay! 🚀Let’s embark on this journey of infinite possibilities! #AIMon #MetaverseMagic 🎉✨…

Bitcoin’s recent rally has captivated market watchers, surging beyond key resistance at $93K and brushing close to the $100K mark. However, as the week begins, BTC struggles at $99K—a level proving to be a formidable barrier. Despite its bullish momentum since October, with gains exceeding 29%, signs of a temporary pullback have emerged, leaving traders speculating: Is this a pause before a historic breakout or the start of a deeper correction? From a technical perspective, market indicators provide a mixed narrative. The Relative Strength Index, for instance, has cooled off from overbought territory, currently sitting at 69.06, signaling a possible…

Cardano Founder Charles Hoskinson has shared a significant spotlight from the recent Hydra Doom testing featuring the community. With plans to host a gaming tournament to test the limits of the Hydra Head protocol, the developer team recently conducted a load test. Hoskinson noted this exercise at the start, and his latest post on X is feedback on the chain’s performance stats. Highest transaction per second on Cardano Cardano is regarded as one of the fastest proof-of-stake (PoS) layer-1 protocols in the industry at the moment. While it is also scalable, the Input-Output Global team developed the Hydra Head protocol…

Four digital assets companies have just secured Markets in Crypto Assets (MiCA) licenses in the Netherlands, letting them operate across the entire 27-nation European Union. Crypto platform MoonPay, digital asset management company BitStaete, bitcoin lightning FinTech ZBD and prime brokerage and clearing company Hidden Road attained the much desired crypto asset service providers license from the Dutch Authority for the Financial Markets (AFM), a filing from Dec. 30 showed. MiCA is a bespoke rulebook for crypto companies that requires firms to receive a Crypto Asset Service Provider (CASP) license from one member state which then enables them to operate across…

Crypto exchange KuCoin has confirmed the listing of Sonic SVM (SONIC), a rapidly growing project in the Solana ecosystem. The exchange announced the listing on its website and social media. According to the announcement, SONIC deposits are now live on KuCoin. Users can send their tokens to the exchange via the Solana (SOL-SPL) network. SONIC Spot Listing Details Notably, SONIC trading will go live on Tuesday, January 7, at 12:00 UTC, with the SONIC/USDT trading pair. Withdrawal services for SONIC will become active after a 24-hour window. For those unfamiliar, Sonic is the first SVM network extension on Solana, designed…

An Ethereum whale has sold his Ether holdings to buy Virtuals Protocol tokens. That is according to data shared by Lookonchain on December 2, 2024. The big investor withdrew 575 ETH ($2.07 million) from Binance and used the amount to buy 1.54 million VIRTUAL tokens ($2 million) in a single transaction. Whales are the big players in the world of cryptocurrency. They hold huge amounts of tokens, and their buying or selling decisions typically influence broader investor sentiment. The purchase indicates a potential market shift as crypto investors showing more interest in VIRTUAL, optimistic by its growth potential. Ether whales…