Author: NBTC
According to blockchain analytics platform Spot On Chain, Justin Sun’s team address transferred 70,182 ETH (approximately $245 million) to HTX in a significant move in the cryptocurrency industry. Justin Sun Transfers Over $245 Million Ethereum to HTX, Total Deposits Near $645 Million The transaction involved unlocking 42,905 ETH from Lido Finance and an additional 27,277 ETH transferred from Etherfi. This latest transfer brings the total amount deposited into HTX by Justin Sun since November 10 to 179,101 ETH, worth approximately $645 million. Deposits were made at an average price of $3,601 per ETH. Distribution of Recent Activities Lido Finance Contribution:…
OKX Ventures invests in USUAL, a cutting-edge decentralized stablecoin backed by real-world assets. The investment division of the well-known cryptocurrency exchange OKX, OKX Ventures, has formally announced its investment in the Usual Protocol, a decentralized stablecoin issuer that seeks to transform the financial landscape. https://twitter.com/OKX_Ventures/status/1871408394000810268 The goal of OKX Ventures, a fund with a $100 million initial investment, is to identify blockchain startups with significant potential. Its investment portfolio includes a wide variety of projects in the fields of blockchain infrastructure, layer-2 scaling solutions, and DeFi breakthroughs, some of which are Sei Network, Arbitrum, SSV, LayerZero, and zkSync. By utilizing…
In a striking development in the volatile crypto sector, a well-known crypto whale has reportedly bought $ONDO tokens in a significant amount amid increasing hype for RWA narrative. As per Spot On Chain, the whale has purchased $17.1M in $ONDO amid a market crash, grasping the attention of the community. Massive $ONDO purchase detected!This whale created a new wallet 11 hours ago and has since spent 4,611 $ETH ($17.1M) to buy 10.978M $ONDO at an average price of $1.553 during the market crash.Follow @spotonchain and track this whale’s address at https://t.co/t3unrYyZMN pic.twitter.com/GDEYAYt7Ux — Spot On Chain (@spotonchain) December 10, 2024…
A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency. The 23-year-old Gabriel Hay allegedly connived with another fellow – Gavin Mayo of Thousand Oaks, also 23 years of age, to perpetrate a scheme that defrauded investors of their monies. This represents one of the many cases where cryptocurrency and other digital assets are used to perpetrate crime. The duo committed several digital asset crimes According to the Beverly Press, the duo faces one count of conspiracy to commit wire fraud, two counts of wire fraud, and one…
The blockchain giant has unveiled a groundbreaking initiative tied to UFC311, set to take place at the Intuit Dome in Los Angeles on Saturday, January 18. The campaign, dubbed “VeBetter heaven,” imagines a futuristic Los Angeles enriched with Tesla-powered hubs and eco-friendly experiences. The partnership combines VeChain’s blockchain transparency with Tesla’s green energy solutions, highlighting a commitment to environmentally responsible innovation. With UFC’s massive audience, VeChain’s integration into the Los Angeles event could mark a significant leap in blockchain visibility. The partnership paves the way for people to engage with Web3 innovation. VeChain’s partnership with EVearn also offers a chance…
Kenya, known for its innovative financial systems, has made another leap in the cryptocurrency space with the integration of Bitcoin payments for M-Pesa users. Recently, one video from Kenya has become an internet sensation. 30 Mio. M-Pesa users can now be paid in bitcoin in #Kenya! 🇰🇪I used @tando_me in Nairobi to pay with #Lightning. Smooth, fast, and the merchant at the Massai market got KES directly in their M-Pesa account. ⚡Tested with @PhoenixWallet, @getalby and @breez_tech so far. pic.twitter.com/QUc97OLUw6 — Anita ⚡🏳️🌈 (@AnitaPosch) December 3, 2024 Kenya Embraces Crypto Payments Anita, the founder of Bitcoin for Fairness, shared her…
Recent charts of Ethereum have shown an interesting picture with analysts, keeping a close eye on what may be an inverse Head and Shoulders pattern. Looking at this formation over a longer period of time, it appears that Ethereum might be preparing for a big breakout. ETH may reach levels as high as $10,450 if everything goes according to plan, which would be a 265% increase over current prices. The pattern’s neckline is located at about $4,000, which has long been a crucial Ethereum resistance area. Ethereum is consolidating below its current price of $3,450, testing earlier resistances as support.…
Recently, 60 Minutes released a 13 minute video interview with Ripple CEO Brad Garlinghouse, that caused an uproar over misconceptions portrayed about the crypto industry. The crypto community is now calling Garlinghouse to appear on The Joe Rogan Experience for an unfiltered and transparent discussion. Influencer Requests to get Ripple CEO on The Joe Rogan Experience (Source: X Post) The community wishes hear more about Ripple’s ongoing legal battle with the SEC and how the team is navigating through these difficult times. Ripple CEO Criticized Selective Editing by 60 Minutes Brad Garlinghouse after the release of the 13 minute video…
The U.S. Securities and Exchange Commission (SEC) could see significant changes to its approach to regulating the cryptocurrency industry as its leadership undergoes a transition, according to comments from current commissioners. The SEC will operate with a reduced team of commissioners starting next year as SEC Chairman Gary Gensler steps down from his position and the agency awaits Senate confirmation of President-elect Donald Trump’s nominees. Republican Commissioners Hester Peirce and Mark Uyeda will be the only remaining members during the transition. “We have a big package of materials,” Peirce said. “We have always looked to enforcement as our preferred tool…
Binance has announced its decision to delist several spot trading pairs as part of its periodic review to maintain market quality. Binance Announces Removal of Select Spot Trading Pairs Effective December 27, 2024 The review takes into account factors such as liquidity and trading volume. The following trading pairs will be removed and will cease trading at 06:00 on December 27, 2024: ACE/BTC ACM/TRY BOME/BTC DYM/BTC MTL/TRY PIXEL/BNB PIXEL/FDUSD QKC/BTC RAD/BTC REZ/FDUSD TUSD/TRY Impact on Users While the trading pairs will be delisted, the underlying tokens will remain available for trading with other underlying and quoted assets on Binance Spot.…