Author: NBTC

A U.S. magistrate judge has recommended dismissing Logan Paul’s former assistant from a federal class action lawsuit over the failed NFT project CryptoZoo, marking the latest development in a widening legal saga that now includes multiple lawsuits and a high-profile defamation battle with a YouTuber. In a court document filed Monday, Magistrate Judge Ronald C. Griffin said the U.S. District Court for the Western District of Texas lacked personal jurisdiction over Danielle Strobel, who was listed as a 1% founding equity holder in CryptoZoo but is not alleged to have publicly promoted the project. The suit accuses Paul and several…

Leading U.S.-based cryptocurrency platform, Coinbase, has topped its long list of supported cryptocurrencies to enhance its trading capabilities for New York users, according to a recent tweet shared on July 8. The new listing, which involves the addition of four new cryptocurrencies for residents in the New York region, comes after the exchange secured a major license from the New York State Department of Financial Services. The license offers Coinbase the opportunity to operate as a regulated Virtual Currency Business within the region, boosting its regulatory trust and prominence in New York. While New York is known for having stringent…

Traditional asset management is a laborious process. It often requires the involvement of numerous middlemen, including various state bodies and regulators. Assets such as stocks, bonds, property, or even land can often be prohibitively expensive and time-consuming to manage, putting them beyond the reach of the vast majority of the world’s population. What’s more, traditional asset management typically involves complex legal agreements and lots of paperwork, which makes it all very difficult to track and transfer ownership. It’s a slow and cumbersome system—and one that often lacks sufficient transparency to prevent fraud and other forms of corruption. Tokenization, while not…

Bitcoin has recorded a three-digit percentage uptick since the US spot ETFs launched, which some speculated would mark the market top. The US Bitcoin spot exchange-traded funds made their debut in January 2024, with eleven issuers offering the investment product upon launch. Interestingly, the breakthrough followed court persuasion from Grayscale and BlackRock entering the race to provide the Bitcoin-focused product to their clients. Well, the rest has been history. The traditional investment vehicles offering alternative exposure to Bitcoin saw pent-up demand upon market debut, driving prices to unprecedented highs. ETF Store president Nate Geraci highlighted this impact and contrary opinions…

TaskOn, a prominent platform devoted to Web3 community growth expansion, has announced its new partnership with DEXTools, a well-known DeFi trading entity offering real-time data across more than 100 blockchains. The collaboration focuses on enhancing community engagement in the Web3 ecosystem. The platform took to its official social media account on X to disclose this development. We’re excited to partner with @DEXToolsApp!DEXTools is the #1 DeFi trading platform with real-time data across 100+ chains. Now, through TaskOn, you can join quests, earn rewards, and win HUGE giveaways. Join the community and stay tuned. Early supporters may unlock exclusive… pic.twitter.com/9pZ0VnNXLw —…

Bitcoin (BTC) and altcoins rose after news of the ceasefire between Israel and Iran came at the beginning of last week. While the horizontal trend observed during the week continued in the new week, CoinShares published its weekly cryptocurrency report and said that there was an inflow of $ 2.7 billion last week. “Last week, $2.7 billion worth of inflows were made into cryptocurrency investment products, marking 11 consecutive weeks of inflows. Thus, H1 totals approached last year’s figure of $17.8 billion due to the influence of geopolitics and monetary policy.” Bitcoin Did Not Give Up Its Leadership! When looking…

Almost immediately after memecoin launchpad letsBONK flipped pumpfun in terms of volumes and revenue, centralized exchange Gate published a webpage that unveiled PUMP token sale information, appearing to confirm the pumpfun token launch reports from June. The PUMP token sale page on Gate was quietly taken down within hours of it circulating on X yesterday, July 7, and the page currently shows a 404. But the initial discovery of its existence sent letsBONK tokens tumbling in anticipation of liquidity demand from the PUMP sale. The tokens did not recover today, July 8, and top letsBONK assets such as USELESS and…

Nansen built tools to track blockchain activity. Now, it’s helping secure one. By validating Caldera’s Metalayer, the analytics leader is putting its reputation and rewards on the line for a more connected modular future. According to a press release shared with crypto.news on July 10, Nansen will operate as a validator on Caldera’s Metalayer, an interoperability solution designed to stitch together fragmented blockchains. The move marks a strategic pivot for the analytics giant, known for dissecting on-chain data rather than participating directly in network security. By validating transactions on Metalayer, Nansen aims to reinforce decentralization while funneling staking rewards back…

Bitcoin (BTC) price hovered near $109,000 on Monday, showing a slight recovery after pulling back from recent peaks. The BTC price remained steady, with traders reacting to continued regulatory support and a steady rise in institutional engagement. Although the leading crypto dropped from its ATH, the overall positive environment among digital assets kept the cryptocurrency going. The Ether price remained above $2,500, suggesting that investors remain interested as macro issues improve, and the network sees more activity. The last 24 hours saw large gains in SOL, XRP, and DOGE, all due to overall optimism in the market. Can Bitcoin Price…

InceptionLRT, a protocol that is meant to push the boundaries of decentralized infrastructure, has announced it is shutting down operations, just six months after raising $3.5 million in seed funding. InceptionLRT’s news came via a post on X (formerly Twitter), where the team said it had made the “difficult decision” to sunset the project after falling short of product–market fit. Despite the closure, InceptionLRT stated that all user funds are safe. Withdrawals remain open through the project’s dashboard, and a full snapshot of user positions has been taken to ensure that any unmaterialized rewards are accounted for. “We recommend retrieving…