Author: NBTC

Crypto firm Unicoin will today file a motion to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC), the company told Decrypt. The SEC sued Unicoin and three of its top executives in May, accusing them of misleading investors and raising more than $100 million through false claims about its crypto offerings and company stock while attempting to cloak themselves in a veneer of regulation. In its forthcoming filing, Unicoin will argue the case should be thrown out because the complaint distorts its record and ignores key disclosures. The company insists it has “embraced a…

Get ready for some exciting news in the crypto world! Binance, a leading global cryptocurrency exchange, has just announced the commencement of its second Binance SHELL airdrop. This is a fantastic opportunity for eligible users to receive a share of a massive token distribution, directly rewarding their participation in the Binance ecosystem. If you’ve been looking for ways to earn more from your crypto holdings, this airdrop is certainly worth your attention. What is the Binance SHELL Airdrop and How Does It Work? The Binance SHELL airdrop is a significant event where 25 million SHELL tokens are being distributed to…

Ethereum treasury company BTCS, one of the biggest ETH treasuries to date, will pay out a one-time, special dividend. All BMNR share owners will be eligible to $0.05 per share in ETH, paid on-chain. BTCS plans to reward all its investors with a special on-chain dividend, paying out $0.05 in ETH per share. Charles Allen, the CEO of BTCS, announced the special dividend. I’m thrilled to share that BTCS will pay shareholders a one-time blockchain dividend, or “Bividend,” of $0.05 per share in Ethereum (ETH). In addition, we are offering a one-time $0.35 per share Ethereum loyalty payment to shareholders…

Ripple executives used a policy-related blog post on Monday to argue that digital asset custody has become the foundation for institutional adoption of stablecoins, tokenized assets and cross-border settlement. Rahul Advani, Ripple’s global co-head of policy, and Caren Tso, its Asia-Pacific policy manager, said in the post that custody is now a critical entry point for enterprises that want to scale digital finance. They pointed to a recent Ripple–Boston Consulting Group report projecting tokenized real-world assets could reach $18.9 trillion by 2033, and to Ripple’s own survey finding more than half of firms in Asia Pacific plan to adopt custody…

The world of cryptocurrency is constantly evolving, and now, a familiar daily ritual is set to intersect with digital finance. Imagine grabbing your favorite latte and, right there, accessing your digital assets. This isn’t a distant future; it’s happening now! Nasdaq-listed coffee chain Reborn Coffee recently announced an exciting pilot program to install crypto ATMs in select Southern California stores, marking a significant step towards mainstream adoption. What Does This Mean for Everyday Crypto Access? Reborn Coffee, known for its commitment to innovation and high-quality coffee, is taking a bold leap into the digital asset space. Following an earlier announcement…

Ethereum traded between $4,298 and $4,335 over the past hour as the broader market contends with signs of exhaustion near key resistance levels. With a market capitalization of $519 billion and a 24-hour global trade volume of $41.92 billion, ethereum continues to dominate intraday liquidity, fluctuating between $4,239 and $4,563 in the last 24 hours. Ethereum On the daily chart, ethereum remains within a long-term uptrend, but recent price action reveals a short-term bearish correction. After surging from approximately $2,932 to a peak near $4,795, the price has since retreated, forming lower highs and closing below previous levels. Increased selling…

A coalition of 112 crypto companies, investors and advocacy groups has called on the US Senate to include protections for software developers and non-custodial service providers in upcoming market structure legislation. In a letter sent Wednesday to the Senate Banking and Agriculture Committees, the industry spoke “with one voice,” urging lawmakers to ensure developers and non-custodial actors are not misclassified as intermediaries under outdated financial rules. “Provide robust, nationwide protections for software developers and non-custodial service providers in market structure legislation,” the letter said. “Without such protections, we cannot support a market structure bill.” The signatories include Coinbase, Kraken, Ripple,…

Richard Teng, the CEO of Binance exchange, has praised users on the platform for their engagement and contribution to building the ecosystem. His appreciation was contained in a post on X to celebrate Binance hitting the 280-million-user milestone. Binance growth driven by user adoption, community feedback Teng emphasized that Binance was beyond being just an exchange for cryptocurrency transactions. He said it is users’ adoption that makes the exchange a force to be reckoned with in the industry. He explained that each user has their own stories and reasons for using the exchange, and Binance acknowledges them. 280M users |…

Ethereum is entering a decisive week as traders brace for heightened volatility and shifting market dynamics. With a current price of around $4,267 and a market capitalization of over $515 billion as of press time, cryptocurrency has witnessed a sharp 6.5% downward correction in the last 24 hours. Despite its strong performance earlier this year, pressure from liquidations and global economic events is casting uncertainty on its immediate trajectory. A $5 Billion Liquidation Wall The latest data revealed that Ethereum liquidations have neared $5 billion, with significant clusters concentrated at $3,940 and further down around $2,150. This positioning exposes the…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The decentralized wireless company Helium is planning to funnel 100% of Helium mobile subscriber revenues to HNT token burns, co-founder and CEO Amir Haleem tweeted yesterday. It’s not clear if Helium plans to buy HNT on the open market or simply burn tokens from its treasury, but the initiative is going into effect “this week, barring any weird logistics,” he said. In any case, that’s an estimated $2.3 million in monthly gross revenues offchain that otherwise would have gone to Helium’s parent company, Nova Labs, now being…