Author: NBTC
Bankrupt crypto exchange FTX has eliminated nearly 400,000 customer requests after users failed to complete identity verification requirements by a court-imposed deadline. FTX Deletes Nearly 400,000 Unverified Customer Requests Amid Bankruptcy Process According to documents filed in the U.S. Bankruptcy Court for the District of Delaware, approximately 392,000 customers missed the March 3 deadline to begin the “know your customer” (KYC) process required to verify their claims and recover funds from the platform’s bankruptcy estate. As a result, FTX has confirmed that these claims have now been fully deleted and dismissed in accordance with court-approved procedures. This move significantly narrows…
In recent weeks, U.S. President Donald Trump’s tariffs have weighed on Bitcoin’s price, but some experts remain undaunted by Thursday’s market declines and still expect the asset springing to new heights this year. Bitwise’s $200,000 year-end price target for Bitcoin remains unchanged, the crypto asset manager’s Head of Research, Ryan Rasmussen, told Decrypt on Thursday. “Once the market settles from this ‘Liberation Day’ chaos, we’ll finally start seeing the market pullback upwards,” he said. “We like to use the analogy that [good news] gets stored as dry powder for when that volatility and uncertainty ultimately subsides.” Bitcoin price recently fell…
Jupiter VERIFY introduces badge-based trust levels for tokens, enhancing transparency and reducing scam risks in the Solana ecosystem. Verification types include Blue Chip, Community Assisted, Social ID, and C.A.T. reports to ensure better token recognition. Jupiter Exchange has introduced Jupiter VERIFY, a token verification system that aims to help users identify trustworthy projects, straight from the source. This system is here as an answer to a basic need that is often overlooked, such as how to know if the token we see is really legit. Introducing Jupiter Verify – Token Verification, Now 4x Tastier! 🍽️ Token verification in defi is…
Renowned legal expert Bill Morgan suggests that the lawsuit between the SEC and Ripple is not entirely over despite the parties dropping their appeals. Recent developments in the SEC v. Ripple lawsuit have continued to stir discussion within the XRP community, with enthusiasts questioning whether the case has finally ended. Recall that Ripple announced it was dropping its cross-appeal against the SEC for a reduced fine of $50 million and the dismissal of the permanent injunction imposed on its future XRP sales. This move was in response to the SEC’s decision to unconditionally drop its appeal against Ripple. Ripple Case…
Coinbase is preparing to launch U.S.-regulated, 24/7 bitcoin and ethereum futures, aiming to modernize trading access and introduce perpetual-style contracts amid rising demand. Coinbase Sets May 9 Launch for Regulated 24/7 Bitcoin and Ethereum Futures Trading in US Crypto exchange Coinbase (Nasdaq: COIN) announced on April 4 that it will introduce the first U.S.-regulated 24/7 bitcoin and ethereum futures contracts through its derivatives arm, with trading set to begin May 9. This initiative marks a significant shift in how digital asset derivatives are offered to U.S. traders, aligning domestic markets more closely with global crypto trading practices. The company explained:…
Key Takeaways Bitcoin’s 24/7 liquidity makes it a short-term risk asset. Michael Saylor argues that Bitcoin’s trading pattern doesn’t indicate long-term correlation with other assets. Bitcoin’s recent price fluctuations are largely driven by its deep liquidity and round-the-clock accessibility, rather than a genuine correlation with other risk assets, said Michael Saylor, Strategy’s co-founder, in a recent statement on X. Saylor made the comment in response to a question from Barstool Sports founder Dave Portnoy, who asked why Bitcoin, designed to be independent of the US dollar and free from regulation, “basically trades exactly like the US stock market.” Portnoy noted…
BNB Chain has announced the first batch of projects selected for its $100 million Liquidity Program, a major initiative aimed at boosting liquidity for BNB-native tokens on centralized exchanges. Five projects—BANANAS31, Mubarak, Broccoli (714), Tutorial (TUT), and KiloEX (KILO)—have qualified for liquidity support, with funding ranging from $290,000 to $510,000. The initiative, launched on March 24, aims to enhance trading depth and visibility for projects within the BNB Chain ecosystem. The network is allocating BNB incentives to projects that successfully list on any of 11 major centralized exchanges (CEXs), including Binance, Bybit, Bitget, KuCoin, and MEXC. Who Made the Cut?…
IOTA Foundation has proposed that the Financial Action Task Force (FATF) focuses on industry-specific solutions in its AML/CFT standard review. IOTA also highlights its support for the latest update as it claims that non-face-to-face interactions should not be flagged as high risk. The IOTA Foundation has announced that it supports the recent revision of the Financial Action Task Force (FATF) with regards to the “Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) standards” meant to balance the approach to risk management without compromising financial inclusion. Firstly, IOTA argues that FATF’s proposed review would support proportionate risk-based regulations. According…
TOY CHAIN has partnered with the AWS Generative AI Innovation Center to build TAIX as an AI framework that operates the TOY CHAIN platform. Their cooperation integrates modern AI and blockchain technology to address future game distribution problems and improve user gameplay encounters starting in 2025 and extending forward. TOY CHAIN x AWS Gen AI Innovation Center: Advancing AI & Blockchain IntegrationWe are excited to announce @awscloud Gen AI Innovation Center as a strategic partner in the co-development of TAIX, the AI infrastructure powering TOY CHAIN. This partnership marks a significant… pic.twitter.com/CEVGvxq3xH — TOY (@playonTOY) April 4, 2025 TOY CHAIN:…
Bitcoin struggles with $82K resistance and needs to break for upside. A successful breakout above $82K could push Bitcoin toward $88K. Failure to break $82K may lead Bitcoin back to support at $79K. Bitcoin (BTC) is on retest near $82,462, going through a series of tests below the line on a close watch. It’s a matter of whether the next breakout pushes the price up to $88K or causes further consolidation, as traders have been analyzing after BTC failed on April 3, 2025, to sustain above $82K.The chart shows that BTC is in a complex pattern, with analysts focusing on…