Author: NBTC

Taiwan’s Ministry of Justice and Binance crack a NT$200M crypto laundering ring, showcasing the power of public-private partnerships. Binance’s blockchain expertise was crucial in identifying suspects and advancing Taiwan’s NT$200M cryptocurrency money laundering case. Beyond Taiwan, Binance aids global law enforcement, highlighting its role in combating financial crime across multiple jurisdictions. The Financial Crimes Compliance (FCC) team of Binance and the Ministry of Justice Investigation Bureau in Taiwan have just disrupted a sizable cryptocurrency money laundering network. Targeting about NT$200 million (almost $6 million USD), the operation shows how public-private partnerships are becoming increasingly effective in combating sophisticated financial crimes.…

Bitcoin, the leading cryptocurrency by market capitalization, has staged a sudden comeback by reclaiming the pivotal $67,000 level. The crypto king reached an intraday high of $67,260 on the Bitstamp exchange earlier today. It has added more than $2,000 since reaching the intraday low of $65,066. More than $31 million worth of short positions have been liquidated over the past four hours, according to CoinGlass data. The V-shaped recovery was largely due to the strength of the US stock market. The S&P 500 index is up by more than 1%. Earlier today, Nvidia (NVDA) hit a new record high while…

Chainlink, a well-known crypto platform offering secure interaction between blockchain entities and external data, has announced integration with UnitusFi. By integrating the Chainlink Price Feeds, UnitusFI reportedly aims to boost the reliability and security of the lending protocol thereof across diverse blockchain networks like Polygon, Optimism, Ethereum, BNB Chain, and Arbitrum. Chainlink disclosed this endeavor on its official X account. .@unitusfi has upgraded to #Chainlink Price Feeds to help provide tamper-proof data for its lending protocol on @arbitrum, @BNBCHAIN, @ethereum, @Optimism, and @0xPolygon.High-quality market data enhances the security and reliability of DeFi protocols. pic.twitter.com/R5cIcsCUXI — Chainlink (@chainlink) August 15, 2024…

The crypto ecosystem is undergoing a unique recovery round, with Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE tagging along. Though mild, each of these meme coins is registering a unique price surge that shows the worst drawdowns might be over. Rebirth of DOGE, SHIB and PEPE Over the past 24 hours, the Dogecoin price has inked a mild surge of 0.6%. The price action of DOGE is particularly volatile, with the growth rate moving to and fro the negative zone amid the return of an epic demand wall. Shiba Inu broke off from this trend with a 1.37% surge to…

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: What’s the deal with prediction markets? Casey breaks down the latest developments for Polymarket and competitors. Ben chatted with an industry legal chief who (more patiently than some) awaits Kamala Harris’s crypto stance. Another look at this week’s mixed big of economic data. You can’t ban what’s already banned! Ah, Polymarket. The…

A major move for Bitcoin (BTC) is likely approaching as price moves through a rare ultra-low period of volatility, according to a closely followed on-chain analyst. Pseudonymous analyst Checkmate tells his 93,700 followers on the social media platform X that BTC has only moved 8.3% up or down in the last month, a rare occurrence for the flagship cryptocurrency. The situation suggests two possible outcomes, according to the analyst. “Bitcoin very rarely goes this quiet. The 30-day price range is separated by just 8.3%. There are two outcomes:1) Bitcoin remains a stablecoin for a new paradigm2) Volatility is just over…

Atomic Wallet’s critique of XRP on X (formerly Twitter) ignites community backlash, linking the wallet to past hacks. Atomic Wallet, a non-custodial crypto wallet, recently stirred up the crypto community by questioning the utility of XRP on X, asking why nobody uses it. Any idea why nobody uses XRP? — Atomic – Crypto Wallet (@AtomicWallet) July 6, 2024 The remark has incited a wide array of responses from the community, particularly among those who are invested in XRP. Amid this criticism, XRP is trading at $0.4351, posting an 87.25% decrease from its all-time high of $3.40. Community Reactions and Accusations…

ALLINVAIN’s journey in the early Bitcoin era highlights the potential and inherent risks of the cryptocurrency market. As an early adopter and significant contributor to Bitcoin’s growth, his experiences reflect the crucial need for security measures. His story remains a reminder of the vulnerabilities that early Bitcoin users faced. Bitcoin Developer Lost 25,000 BTC In the early days of Bitcoin, when the cryptocurrency traded for less than $0.05, a developer known as ALLINVAIN mined and traded Bitcoin. By 2010, he launched one of the first Bitcoin exchanges, Bitcoin Express, which allowed users to buy Bitcoin with PayPal. Early transactions sold…

Dogecoin has evolved into a serious digital currency with a loyal community and diverse use cases. Dogecoin’s appeal lies in its simplicity for everyday transactions, with low fees and quick transaction times. Popular online platforms, celebrity endorsements, and community-driven initiatives have propelled Dogecoin’s adoption. Dogecoin has lately become a practical means of exchange among everyday consumers. This digital currency has captured the imagination of tech-savvy millennials and seasoned investors seeking alternatives to traditional currencies. While many crypto projects chase gains, Dogecoin’s purpose is to be a simple means of exchange for everyday people. Shibes around the world are putting Doge…

American investment management firm VanEck is set to launch the first spot Bitcoin exchange-traded fund (ETF) on Australia’s securities trading platform this week. According to an official announcement from the asset management company, the spot Bitcoin ETF will go live on the Australian Securities Exchange (ASX) on Thursday, June 20. VanEck Unveils Australian Bitcoin ETF VanEck is one of the issuers of the spot Bitcoin ETFs in the United States. The firm’s product, VanEck Bitcoin Trust (HODL), held over $529 million in assets under management at the time of writing, with a market cap of $660 million. The approval of…