Author: NBTC
Bitcoin SV emphasizes scalability and stability, aiming to process tens of thousands of transactions per second. Dogecoin’s appeal grows with its fun, meme-based origins and support from notable figures like Elon Musk. THORChain facilitates decentralized cross-chain asset swaps, ensuring users maintain custody of their assets. The world of innovative cryptocurrencies with Bitcoin SV, Dogecoin, THORChain, eCash, and Aave, each offering unique solutions from scalability and stability to fun community engagement, cross-chain liquidity, fast payments, and decentralized finance. These platforms not only redefine crypto transactions but also open the door to decentralized apps, secure asset swaps, and easy lending, presenting fresh…
The US Securities and Exchange Commission (SEC) achieved $8.2 billion in financial remedies during its 2024 fiscal year, marking a significant milestone despite fewer enforcement actions. The agency reported that it filed 583 cases this year, reflecting a 26% decrease compared to 2023. However, substantial financial penalties, particularly from high-profile cases like Terraform, drove remedies to record levels. Terraform Labs Responsible for 56% of SEC’s Enforcement Penalties The SEC’s enforcement report highlighted that the $4.5 billion penalty from Terraform Labs made up 56% of the year’s total financial remedies. This case, tied to the 2022 Terra/Luna collapse, resulted in the…
REI Network, a prominent platform for the development trend of the blockchain, has announced a strategic partnership with OwlX.ai, an AI-powered Web3 aggregator. This collaboration aims at revolutionizing the Web3 landscape. The partnership promises to create a seamless and efficient user experience while redefining Web3 projects’ operation. REI Network, a high-performance blockchain platform, has revealed the news through its X account. #REINetwork and @OwlX_ai are joining forces to revolutionize Web3! By combining REI Network’s high-performance blockchain with https://t.co/fmC2ndSJoB’s real-time media aggregation, we’ll enhance user experience and streamline task execution for Web3 projects. Together, we’re… pic.twitter.com/866VqpyOs8 — REI Network｜From #GXChain! (@GXChainGlobal)…
Electric car company Tesla moved all of its Bitcoin last week in a flurry of transactions. But Elon Musk’s firm likely shifted the coins to other wallets it controls, according to blockchain intelligence firm Arkham Intelligence. Arkham posted the movements on Tuesday to Twitter (aka X), as it tracks the crypto movements of the car-making giant as it is one of the biggest publicly-traded companies to have invested in the leading cryptocurrency. According to Arkham, the Bitcoin had not been moved for two years prior to October 15. The coins were put into seven new wallets believed to be controlled…
In the ever-volatile cryptocurrency market, today’s trading session showcased a remarkable upturn, with several projects posting significant gains. As highlighted by the Phoenix Group’s latest update, the standout performer was Troy AI, which surged by an impressive 70.2%, signaling robust investor confidence and market dynamics. DAILY GAINERS$TROY +70.2% $TARA +40.3% $GFI +39.5% $MASK +34.6% $LINA +26.5% $GEL +24.6% $DEEP +20.9% $ZEUS +19.2% $PIXEL +18.8% $PAAL +17.7%#dailygainers pic.twitter.com/QDjpn8c4Ec — PHOENIX – Crypto News & Analytics (@pnxgrp) October 30, 2024 Troy AI, a project aimed at leveraging artificial intelligence for trading strategies, saw its value increase to $0.003 with a market cap…
Cryptocurrency journalist Eleanor Terrett has shared the latest buzz surrounding potential candidates for the next chair of the U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump. With the recent appointment of Scott Bessent as Treasury Secretary, attention has turned to other key financial regulatory roles, including the SEC, the Commodity Futures Trading Commission (CFTC), and the National Economic Council (NEC). Former SEC Commissioner Paul Atkins is currently seen as the frontrunner for the position, according to Terrett. Atkins, who served under President George W. Bush, has long been seen as an advocate for lighter regulations and could bring…
Aethir is integrating LayerZero to expand its capabilities as a Multichain AI and gaming ecosystem. This move aims to bring the omnichain dream closer to reality. Aethir’s native token, $ATH, will be available for the test phase on ZKSync. This was announced on Aethir’s official X account. ATH goes Omnichain with @LayerZero_Core 💎The Omnichain dream is becoming a reality, and the ATH token will be available for the test phase on ZKSync.Read more about it in our latest blog linked below 🧵👇 https://t.co/c6vEzJD37d — Aethir (@AethirCloud) November 20, 2024 Aethir Launches Multichain Ecosystem for AI and Gaming with LayerZero Integration…
After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome. Key data from Binance reveals that more than half of futures traders have shorted BTC in the past few hours, creating a divisive environment for price action. The futures market often serves as a barometer for momentum and liquidity, signaling potential shifts in Bitcoin’s price movement. As BTC consolidates just below the $69,000 resistance, maintaining support above $66,000, the coming days will be pivotal. Investors…
Enigmatic lead developer of the Shiba Inu team, known to the community under the pseudonym Shytoshi Kusama, could not hold back from responding to a tweet which challenged his recent X post about SHIB surpassing Bitcoin in value growth. This time, Kusama responded to the founder of 1confirmation investment company and also a regular SHIB enthusiast who claimed that Shiba Inu is likely to remain just a “chump change meme.” Kusama responds to “disrespect” for SHIB The founder of the 1confirmation investment firm Nick Tomaino published a tweet in which he enumerated seven crypto projects from the very start of…
South Korea will impose a 20% tax on crypto gains exceeding 50 million won, starting January 2025. The revised tax plan excludes smaller investors and aligns crypto policies with stock market taxation guidelines. OECD’s 2027 data exchange initiative will support South Korea’s efforts to track and tax international crypto transactions. South Korea’s Democratic Party will begin crypto taxation in January 2025. Jin Sung-joon, the policy committee chairman, announced the government’s decision during an interview on MBC Radio’s Attention View. He confirmed that officials will not delay the tax implementation further to ensure legal stability and predictability. South Korea Confirms Crypto…