Author: NBTC
Burwick Law has initiated legal proceedings against Pump.fun on behalf of investors who suffered losses from the platform’s meme coin trading activities. **LEGAL ACTION ALERT: PUMPDOTFUN** Burwick Law is pursuing legal action on behalf of investors in pumpdotfun memecoins. If you lost money on any pumpdotfun memecoins, you may be entitled to compensation. Read more below. — Burwick Law (@BurwickLaw) January 15, 2025 The firm highlights concerns over the platform’s anonymity and its display of illicit content. The action comes as Pump.fun generated a weekly volume of $2.2 billion, according to on-chain analyst Adam Tehc’s Dune dashboard. A recent report…
Plume Network, the earliest full-stack layer 1 RWA blockchain, has partnered with Cobo, a well-known platform for wallet infrastructure and digital asset custody. The collaboration aims to advance the accessibility of real-world yields among institutional investors. Top investors like Galaxy, Huan Ventures, and Brevan Howard Digital are reportedly backing the platform in this respect. The path to institutional RWA yields starts with trusted custody.We’re welcoming @Cobo_Global to enable their 500+ institutional clients to access real world yields through their battle-tested infrastructure. pic.twitter.com/WlmiGjI6ub — Plume Network – RWAfi L1 (@plumenetwork) January 17, 2025 The endeavor benefits from Cobo’s resilient custody infrastructure…
Ripple Labs has significantly improved the XRPL (XRP) ecosystem over the years, despite the legal hurdles in the United States. The blockchain payment company holds the largest share of XRP, through the escrow account, whereby the firm receives 1 billion units at the beginning of each month. As a result, Ripple has managed to improve XRP liquidity in addition to XRPL’s developments to compete with other layer-one blockchains led by Ethereum (ETH). Moreover, the Ripple vs SEC case is more likely to end as soon as President-elect Donald Trump is inaugurated early next year. New XRPL Foundation Incorporated The new…
On Jan. 20, 2025, the United States will start a new chapter in more ways than one. While the nation will be focused on President Trump’s inauguration as our 47th President, the U.S. financial sector will be celebrating the resignation of Joe Biden’s Securities and Exchange Commission Chair, Gary Gensler. As a member of the House Financial Services Committee, I am well aware of Gensler’s heavy-handed approach in stifling innovation and shackling the American economy’s engine. His punitive stance was particularly damaging in the burgeoning field of cryptocurrency and blockchain technology. While touting his actions as measures to protect investors,…
The era of new music production is almost here, and the Glacier Network ($GLS) community will usher in an innovative age as the company collaborates with Fireverse, an AI + Blockchain platform. Collectively, they plan to transform the music sector through innovative approaches that offer powerful and progressive applications and business models to content creators. 🤝Announcing a strategic partnership with @FireverseV 🎧Fireverse is a revolutionary music creation platform.⚡️Powered by VectorDB, Fireverse fuses AI creativity with blockchain, efficiently managing on-chain sequential data.https://t.co/Nw9V52sGhX — Glacier Network 🧊 $GLS (@Glacier_Labs) January 17, 2025 Fireverse: Pioneering AI-Driven Music Fireverse is at the top among…
Bitcoin (BTC) continues to cement its position as a dominant asset in the global financial landscape, achieving a historic milestone this week. According to the latest Bitfinex Alpha Market Report, BTC’s market capitalization has surpassed that of silver, reaching an all-time high (ATH) of $1.856 trillion. This achievement follows an impressive price rally that saw BTC climb to $94,309.46, marking its second ATH within a single week. The surge underscores the growing influx of institutional investment in digital assets, elevating Bitcoin’s status among the world’s largest traded assets. Source: CoinMarketCap BTC surges past silver in market value Bitcoin’s market capitalization…
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to play a vital role in the blockchain ecosystem, serving as the foundation for decentralized finance (DeFi), non-fungible tokens (NFTs), and countless dApps. With its price recently encountering key resistance and support levels, traders and investors are closely monitoring ETH’s trajectory. In this analysis, we will examine Ethereum’s price chart, focusing on technical indicators and key market patterns, to determine what could be next for ETH in the short to medium term. How has the Ethereum Price Moved recently? Ethereum is currently trading at $3,217, with a 24-hour trading volume of…
Zypto App launches Shibarium open beta, introducing new features while addressing pricing and token verification issues. Whale activity in Shiba Inu surges, with significant acquisitions highlighting increased institutional interest in SHIB. Zypto App has officially announced the launch of Shibarium in open beta, which represents a big milestone for the Shiba Inu ecosystem. This development offers intriguing aspects as well as some crucial observations for users. Based on a recent tweet by Zypto App, a Shibarium swap has not yet been included straight into the user interface. Still accessible through the built-in dApp browser, swaps are under active investigation by…
With only a handful of days remaining until the second inauguration of U.S. President-elect Donald Trump, crypto policy groups are readying to kick things into higher gear. Blockchain associations from eight U.S. states announced on Tuesday the creation of the North American Blockchain Association (NABA), an organization aiming to provide cohesive crypto policy recommendations to the federal government. “A few years ago [NABA CEO] Arry Yu and I led an effort to provide more information and best practices sharing between state associations,” Lee Bratcher, president of the Texas Blockchain Council and a member of NABA’s board of directors, told CoinDesk.…
Nym, a top routing platform for Web3, has announced its latest partnership with Celestia, a modular blockchain using Data Availability Sampling. The partnership targets to advance the scalability and integrity of the modular blockchains with the integration of “noise obfuscation”. This will benefit the data availability modules of Celestia through Nym Network. The platform took to social media to reveal this endeavor. The secret is out!We are excited to announce an R&D collaboration with @celestia that uses Nym’s noise generating mixnet to enhance the efficiency and scalability of the Celestia chain.Let’s break down what that means… 👇 pic.twitter.com/8dRPWa9QKY — Nym…