Author: NBTC
In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a social media post by Schmidt, the co-founder of Brink received the subpoena from the Federal Bureau of Investigation (FBI) that required him to submit personal information of attendees from the October 2022 CoreDev Atlanta event. FBI Demands Mike Schimdt’s Cooperation According to Schmidt, the FBI sent him the subpoena to seek his cooperation a year ago. Since there was a non-disclosure order, Schmidt could only post about the investigation once the…
As April reaches its midpoint, anticipation surrounding the prospect of spot Ethereum Exchange-Traded Fund (ETF) approval continues to intensify within the crypto community. Originally earmarked for May, hopes for the green light on a spot ETF for the leading altcoin are bleak amid the deafening silence from regulators, notably the SEC. Speculations abound as analysts and experts weigh in, yet concrete details remain elusive. The latest development comes from JP Morgan’s camp, projecting potential litigation against the SEC if a spot Ethereum ETF fails to materialize in May. They speculate that such legal action could eventually force the SEC’s hand…
In a landmark move for the cryptocurrency market, Worldcoin (WLD), the AI-driven token, has achieved a perpetual futures listing on the Coinbase International exchange and Coinbase Advanced. This event marks a significant milestone not only for Worldcoin but also for the burgeoning sector of AI-integrated cryptocurrencies. WLD is the native token of Worldcoin, a digital identification project that provides cryptocurrency in exchange for users providing biometric data for a digital ID. Worldcoin (WLD) has been making waves in the crypto space with its unique proposition of combining blockchain technology with artificial intelligence. The token’s recent listing as a perpetual futures…
Signet, a conventional blockchain workflow management software customized for businesses, will alter their interaction with blockchain technology. Developed by Talisman’s team members, the instrument eases businesses’ connection to blockchain functions such as treasury control, payments, staking, and governance. This is done by integrating the proper risk control method, the same as Web2 functions, and it comes with more safety features and decentralization provided by blockchain technology. The Signet platform helps in connecting with the future of enterprise blockchain incorporation. In addition to utilizing multisig, proxy, governance, and staking pallets, Signet was developed on Substrate. It enhances these features with an…
In a recent update on the state of the Bitcoin ETF market, Eric Balchunas, senior ETF analyst for Bloomberg, highlighted the remarkable performance of BlackRock’s IBIT and Fidelity’s FBTC. Balchunas noted that both funds have surged into the top five ETFs by year-to-date flows, showcasing significant investor interest in these offerings. Despite being newcomers to the scene, IBIT and FBTC are holding their ground alongside industry giants, as evidenced by their impressive asset differentials. The expert also emphasized the remarkable ascent of these funds on the market, affirming the dynamic nature of the Bitcoin ETF landscape. $IBIT and $FBTC now…
Pseudonymous founders with bear-themed names have raised $100 million in funding for Berachain—a layer-1 blockchain built with Cosmos tech. Announced Friday, the Series B funding round was co-led by Brevan Howard Digital, an investment management platform, along with crypto-native VC firm, Framework Ventures. Additional backers include Polychain Capital, Samsung Next, Hack VC, and Hashkey Capital, with angel investors such as Polygon co-founder Sandeep Nailwal and Animoca Brands Chairman Yat Siu. Investors signed a SAFT agreement, which exchanges current funds for future tokens. The move comes just days after Monad Labs announced its own $225 million raise to build a layer-1…
Australia’s market regulator opened civil proceedings against the NGS group of blockchain mining companies. About US$41 million in digital assets invested with the companies by more than 450 Australians has been handed to restructuring specialists. The Australian Securities and Investment Commission alleges the companies broke the law and provided financial services without the appropriate license. An Australian Federal Court agreed to a petition from the nation’s market regulator to hand over approximately US$41 million in digital assets invested by over 450 Australians with the NGS group of blockchain mining companies to three specialists from McGrathNicol, an independent advisory and restructuring…
ETH monetary policy is just like WWE The fighting in pro wrestling is largely fake and the outcomes are mostly pre-determined. But much of the appeal for fans is that they, as a whole, can influence characters and storylines over the course of years — even who holds the World Championship belt. Take Dwayne Johnson, perhaps better known as The Rock. The WWE (then the WWF, back in 1996) first played Johnson as “Rocky Maivia,” combining ring names of his real-life father and grandfather who were wrestling legends in their own right. The Rocky Maivia character was a clean cut…
Warrants are out for the arrest of the co-founders of KuCoin with the multi-count criminal indictment providing a spectacular bookend to the story of the world’s once-fourth largest crypto exchange. But where did it all go wrong and how did KuCoin even start in the first place? The story of KuCoin starts not at its September 2017 founding or its 50% pre-mined ICO, but where everyone knew it would end: the US Attorney’s office in the Southern District of New York. Despite KuCoin’s repeated claims that it never served nor advertised to US residents, like all similar claims by numerous…
MoonPay is delighted to announce a new strategic cooperation agreement with Base, a layer two solution, and a project incubated by Coinbase. Its mission is to improve the digital payments ecosystem on Base. Users and developers should enjoy a seamless, safe, and dependable purchasing experience as a result of this coordination, which is expected to transform the way traditional markets—like OpenSea, the top peer-to-peer NFT marketplace in the world—handle transactions. A plethora of benefits targeted at lessening the stress of obtaining digital artifacts are brought about by the integration of MoonPay Checkout into the Base ecosystem, which significantly improved user…