Author: NBTC
An illegal XRP exchange operator has been sentenced to jail for eight years in South Korea after duping investors out of almost $3.4 million. The unnamed operator stole almost $2 million of the total from one individual, prosecutors explained in a trial at the Seoul High Court. Illegal XRP Exchange Told Customers it Had a Deal With Ripple The court upheld the verdict of a Seoul District Court. This court earlier sentenced the operator to 12 years in jail, Namdo Ilbo reported. However, the High Court judge ruled that the operator had taken steps to compensate one of their victims,…
Solana DePIN Ambient, a pioneering decentralized ambient intelligence platform, has successfully raised funds in a pre-token launch fundraising round. This significant milestone comes as the platform prepares for its official token launch and underscores investor confidence in Solana DePIN Ambient’s vision of revolutionizing ambient computing and data processing. In a strategic move aimed at bolstering its capabilities, Solana DePIN Ambient has also announced the acquisition of PlanetWatch’s network, a leading provider of environmental monitoring solutions powered by blockchain technology. The pre-token launch fundraising round saw participation from various investors, including venture capital firms, strategic partners, and prominent individuals within the…
Bitcoin payments app Strike is now available to customers in Europe. The firm has been on an expansion streak recently, launching in several countries globally, most recently in the African region. Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin (BTC) in the region, it announced Wednesday. The company recently expanded its services to Africa and is already rolled out in Asia, the Caribbean and Latin America. Customers can check their local iOS or Android app store to see if the app is available in their country as some…
The launch of DAMN meme coin on the Shibarium-based decentralized exchange WoofSwap has pushed Shibarium’s TVL to a new all-time high record of $3.87 million. The Shiba Inu ecosystem layer-2 blockchain Shibarium has set a new record in terms of total value locked (TVL) on the network. Data from DeFiLlama shows that Shibarium’s TVL has reached a new all-time high of $3.87 million. It bears mentioning that Shibarium’s TVL stood below $1 million for most part of the year. However, following a relief rally across the broader crypto market, the network’s TVL breached the $1 million threshold in February and…
Democratic representatives have introduced the US Blockchain Integrity Act to tighten regulations in the cryptocurrency sphere. The act aims to crack down on cryptocurrency mixers, often utilized for illicit financial activities. Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. US Lawmakers Look to Ban Crypto Mixers A crypto mixer serves as a pool, enabling users to generate new addresses and withdraw funds without disclosing the connection between the depositor and withdrawal addresses. This opacity poses a significant challenge for law enforcement agencies, hindering efforts to track fund…
Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia. Per the Spanish-language media outlet Criptonoticias, the deal involves the Argentinian government-owned firm Fiscal Petroleum Yacimientos (YPF) and its YPF Luz affiliate. The agreement also involves the Norwegian oil and gas supplier Equinor and the Bitcoin mining firm Genesis Digital Assets Limited (GDA). Argentina Energy Provider The Latest to Ink BTC Mining Deal YPF is South America’s third-largest oil producer. It has several exploratory oil drilling projects in Patagonia. Exploratory oil drilling…
AbyssWorld has announced its integration of Chainlink Verifiable Random Function (VRF) on Linea mainnet. AbyssWorld is the immersive gaming universe set in the fantastical realm of Nordinia. This integration marks a significant step forward for AbyssWorld as it seeks to enhance its treasure chest opening system with tamper-proof randomness. #ChainlinkBUILD member @AbyssWorldHQ has integrated Chainlink VRF on @LineaBuild.How VRF provides fair and transparent randomness to AbyssWorld’s treasure chest opening system👇https://t.co/J2FwdGUz3c — Chainlink (@chainlink) May 8, 2024 Exploring the Mystical Realms of Nordinia with AbyssWorld In the realm of Nordinia, where magic reigns and mysterious characters abound, AbyssWorld offers players an…
Bitcoin (BTC) whale activity and the weighted sentiment of the crowd suggest a bullish bias is taking over the cryptocurrency. As the ‘Fear Of Missing Out’ (FOMO) rises, BTC could set a clear way upwards to $70,000 this week. The Santiment‘s verified analyst, Brian Q, published an insight on April 23 highlighting the convergence of these two indicators. Notably, Bitcoin Whales‘ percentage of the supply is back to higher grounds, above 25%, indicating significant whale accumulation. Meanwhile, the crowd’s bullish bias is the highest since March’s new BTC all-time high, measured by Santiment‘s weighted sentiment index. According to the analyst’s…
IDEX, the native token of the hybrid decentralized exchange (DEX) and market-making protocol of the same name, has increased 33% over the past 24 hours as it records a surge in investor interest. The crypto asset, often leveraged for gas fees and liquidity provision on the Idex exchange, had witnessed a generally bearish trend over the past two weeks, dropping 30% from $0.0920 on March 13 to a low of $0.0642 on March 20 as the broader market fell. IDEX price – March 25 | Source: CoinMarketCap However, this price slump immediately preceded a recovery push that has now seen…
Acurast, a popular decentralized platform for cloud services, has recently announced an exclusive integration. The company is integrating with Vara Network to bolster dApp development, performance, Web3 adoption, and developer support. Vara Network is an advanced decentralized network bridging the gap between Web3 and Web2. Acurast disclosed this endeavor on the social media platform X. Exciting news! @VaraNetwork has integrated Acurast to boost dApp development, enhance performance, offer developer support, and accelerate Web3 adoption. This integration ensures that developers receive access to decentralized compute for their applications.… pic.twitter.com/YqD3Am94cV — Acurast (@Acurast) May 8, 2024 Vara Network Starts Integration with Acurast…