Author: NBTC
Montenegro, the small Balkan nation that Do Kwon fled to before he was arrested for holding false and flagged passports, is continuing to feel significant political reverberations from his apprehension, with current Justice Minister Bojan Božović investigating non-extradition decisions made by his predecessor Andrej Milović. The investigation by Božović was launched after Milović suggested that Do shouldn’t be extradited to South Korea, as it would impede the concurrent investigation taking place in the United States. Milović implied that he believes Prime Minister Milojko Spajić is purposely trying to send Do to South Korea so that he won’t be implicated in…
Though Ethereum’s (ETH) rally at the start of 2024 was as strong as that of many other major cryptocurrencies, its performance since has been marked by substantial variance in value and, in recent weeks, a significantly greater drop than that seen with its peers. Indeed, though the token is, by press time on August 19, still 14.62% in the green in the year-to-date (YTD) chart, it has dropped 26.25% in the last 30 days and, with ETH price today being $2,578.30, the cryptocurrency is more than 36% below its yearly highs above $4,070. Despite the volatility, 2024 has been an…
Sports and entertainment blockchain platform Chiliz has announced a new integration with PUML Better Health, a gamified health and wellness platform based in Australia. This collaboration seeks to infuse the Chiliz community with the Move to Earn and Fan Health excitement, leveraging PUML’s unique approach to health and wellness through gaming. Chiliz users can boost their daily rewards by holding 100 CHZ in the PUML personal custody wallet. This balance enables them to claim 10,000 steps per day and enjoy premium subscription benefits as long as they maintain the required CHZ balance. The platform also features daily and monthly health…
Vice President Kamala Harris may nominate Securities and Exchange Commission (SEC) Chairman Gary Gensler to be Treasury Secretary if she wins the November election, sources said. Although Gensler has not publicly stated that he wants to leave his current role, multiple senior Senate staffers have shared the possibility. The speculations also echo comments from top Republicans who have suggested Gensler could be next in line for the Treasury role. The nomination would mark a significant shift for Gensler, who has been a leading figure in regulating the crypto industry. The possibility of Gensler moving to the Treasury Department raises questions…
Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC has hovered between $58,000 and $60,500 for the past week. However, the dip below all-time highs of $73,7000 reached in March of this year may be short-lived, as evidence mounts that the market’s largest digital asset is poised for a major breakout. 2-3X Bitcoin Rally Ahead? Technical analyst Jamie Coutts highlighted the “first bullish regime signal” for his “composite global…
Ethereum price began showing declines in the last 24 hours sliding to $2.5K. The token’s daily trading volume surged 30.12% according to CMC data. The crypto market begins the week on a bearish note, with the overall market cap showing a 0.73% decline. While the token’s daily trading volume surged by 35.46%, leading cryptocurrencies showed daily declines. The largest cryptocurrency, Bitcoin, recorded a price reduction of 3.08% and slid to the $58K level. Leading altcoin, Ethereum also showed price declines in the last 24 hours. Notably, Ethereum in the last 24 hours showed a price decline of 3.44% and retraced…
A federal judge pushed back against a Securities and Exchange Commission legal tactic in the agency’s case against the Tron Foundation and founder Justin Sun. The two sides are still battling it out in U.S. District Court for the Southern District of New York. A New York judge has rejected a request from the U.S. Securities and Exchange Commission (SEC) to force a pre-trial conference or to require the filing of an additional response in its ongoing securities fraud lawsuit against the Tron Foundation and founder Justin Sun. The SEC has accused lawyers for the Tron defendants – the Tron…
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a market capitalization of $310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, signaling caution for traders. Ethereum Ethereum’s daily chart paints a clear picture of the prevailing bearish trend. After a sharp decline from around $3,565 to a low near $2,017, the market shows signs of indecision, characterized by small movements. Volume analysis further corroborates this sentiment, with a peak of volume near the recent low, signaling…
PancakeSwap has announced an airdrop of 2,452,128 zkSync (ZK) tokens to its loyal community. The initiative, which will take place on July 5 at 10:30 am UTC and end on August 5 at 10:30 am UTC, will mark the anniversary of the deployment of zkSync on PancakeSwap in July 2023. This move aims to reward both longstanding contributors and newcomers who actively engage with the platform. Airdrop Distribution Criteria The ZK tokens will be distributed across three main categories of users: veCAKE holders, past contributors, and future contributors. The criteria are as follows: veCAKE Holders: This group includes users who…
A former CEO of the defunct Kansas Heartland Tri-State Bank has been sentenced to more than 24 years in prison for embezzling funds via crypto and ultimately sinking the bank. The actions of Shan Hanes subsequently led the bank to fail at a “complete loss of equity for investors,” according to a Monday statement from the U.S. Attorney’s Office for the District of Kansas. Between May and July 2023, Hanes used his position as CEO to make 11 transfers of the bank’s funds, worth over $47 million, to a crypto wallet involved in a pig butchering scheme. Hanes pleaded guilty…