Author: NBTC
Shares of GameStop (GME) are hovering around the $24.50 mark on Thursday, down less than 1% on the day amid a broader market downturn for the stock, which has shed roughly 8% of its value over the past week. The recent lull in GME’s price coincides with a noticeable absence from a key figure in the 2021 “meme stock” frenzy: Keith Gill, better known online as Roaring Kitty and DeepFuckingValue. Gill, whose passionate social media advocacy for GME fueled a historic short squeeze, has been uncharacteristically quiet lately after helping to drive up the price in recent weeks. Last week,…
Solly meme coin is one of the latest additions to the Solana meme coin landscape. However, a look into the project’s on-chain activity reveals a worrying fact. Its developer has made an enormous purchase, capturing 95% of the meme’s supply in his own hands, as reported by LookOnChain, which opens up numerous ways to manipulate the market. Based on recent data, four wallets connected to the Solly development team purchased 950 million SOLLY tokens for 152 SOL, or about $24,000. With this acquisition, which accounts for 95% of SOLLY’s total supply, the developer gains almost total control over the token’s…
A Nigerian court has dismissed the fundamental rights enforcement suit filed by Nadeem Anjarwalla, an executive of Binance Holdings Ltd, the local media publication Vanguard reported. This turn of events occurred following Anjarwalla’s escape from lawful custody to Kenya. This case, which involved claims against the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC), highlights the complexities and challenges in high-profile legal battles. Nadeem Anjarwalla, Binance’s Africa regional manager, alongside his colleague Tigran Gambaryan, had filed suits seeking their release from detention by the NSA and EFCC. The duo had earlier been arrested in Nigeria to…
Key Points: Binance integrates USDT with the Toncoin Network for seamless transactions. Users can now deposit and withdraw USDT with improved speed and efficiency. Collaboration enhances Binance’s global cryptocurrency trading capabilities. Binance launches USDT integration in the Toncoin Network and opened recharge and withdrawal services. Binance users can now seamlessly use USDT on the Toncoin Network for deposit and withdrawal transactions. USDT integration will improve the accessibility and efficiency of USDT transactions on the Binance ecosystem. In essence, users will witness faster, cheaper transfers of their USDT tokens while unlocking certain abilities provided by the Toncoin Network. This step basically…
Ethereum layer-2 blockchain Mode has officially integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) today as its interoperability standard. The integration provides Mode with Chainlink’s interoperability features, including Programmable Token Transfers and cross-chain Arbitrary Messaging, which are essential for a diverse range of decentralized finance (DeFi) and real-world asset (RWA) applications. “Choosing the only interoperability solution with level-5 security as canonical cross-chain infrastructure can accelerate the long-term growth and adoption of Mode,” stated James Ross, Core Contributor at Mode. Ross also highlighted the importance of Chainlink CCIP’s advanced features and the ease of deployment for developers within the Mode ecosystem. Chainlink’s CCIP…
Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend. Per an official notice from the Argentinian CNV and a report from Criptonoticias, top officials met the head of El Salvador’s National Digital Assets Commission last week. Officials said the countries are “evaluating possible cooperation agreements” on digital assets-related issues. El Salvador an ‘Example’ as Argentinian Regulators Talk Bitcoin? High-ranking CNV officials have visited El Salvador to “learn how” the government regulates BTC. Criptonoticias remarked that the nations were forging an “alliance, with Bitcoin at…
Mendi Finance, a flagship native lending protocol on Linea Network, has integrated Chainlink Price Feeds to exponentially improve the security and precision of its platform. This move will enable users of Mendi Finance to tap into a comprehensive and timely price data, essential for its decentralized money market operations. Price Feeds from Chainlink are known for their resiliency standards and have grown to become industry norms when it comes to DeFi solutions. When adding this technology, Mendi Finance ensures that the prices of assets you see on its platform are accurate and ensures against fake information distortions to foster users…
It’s not yet clear when Ethereum’s next major upgrade will hit mainnet, with current estimates ranging from November this year to early 2025 — although the latter now seems more likely. The first step in shoring up a timeline for “Pectra” is to finalize the specification of all Ethereum Improvement Proposals that are to be included. While most of that work has been done, one item was identified on Thursday’s All Core Developers (ACD) call as “the number one outstanding spec issue for Pectra,” and that’s EIP-7702: Set EOA account code for one transaction. This proposal allows an Externally Owned…
The tokenized US Treasuries market reached an all-time high of 2,143 holders on June 18th, with a 250% year-to-date growth, according to data aggregator RWA.xyz. The Ondo Short-Term US Government Bond Fund (USDY) leads with 1,054 holders and over $218 million in tokenized bonds. The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which leads the market with nearly $463 million in tokenized US Treasuries, registers 14 holders, one of the smallest numbers. Notably, BUIDL is reserved for qualified institutional investors, with a $5 million minimum investment requirement. Image: RWA.xyz Meanwhile, Franklin OnChain U.S Government Money Fund (FOBXX), by asset manager…
The United States has announced an indictment against alleged money launderers based out of California who supposedly moved money for the Sinaloa Cartel via money mules, large quantities of cash, cryptocurrency purchases, and collaboration with ‘Chinese underground money exchanges.’ The Department of Justice (DoJ) alleges that this operation moved over $50 million in proceeds from the sale of cocaine, methamphetamine, and fentanyl. A total of 24 defendants were charged as part of the investigation, dubbed ‘Operation Fortune Runner’ by authorities. The money laundering operation was supposedly led by Edgar Joel Martinez-Reyes, who helped the Sinaloa Cartel strike a deal with…