Author: NBTC

Google is suing a group of alleged scammers who are said to have uploaded fraudulent apps to Google Play. Victims were lured to download the apps with promises of high returns that the lawsuit described as “illusory.” A Google spokesperson described the lawsuit as a “unique opportunity” to set a precedent for how to deal with bad actors. Google filed a lawsuit against alleged crypto scammers claiming they uploaded fraudulent investment apps to Google Play. The lawsuit filed Thursday in the Southern District of New York alleges that Yunfeng Sun and Hongnam Cheung committed hundreds of acts of wire fraud,…

Ondo Foundation’s ONDO has been integrated into the renowned digital assets institution, Nexo. This collaboration marks a milestone for Ondo, a leader in tokenizing real-world assets (RWAs), and signals a new era for investors seeking diversified opportunities in the crypto space. .@OndoFoundation’s $ONDO is available on Nexo! Let’s explore. ⬇️With $225 million in AUM/TVL across their products and holding a 40% market share in tokenized securities, Ondo is a leader in tokenizing real-world assets (RWAs).Compared to traditional financial mechanisms,… pic.twitter.com/pLLSv52GOp — Nexo (@Nexo) April 4, 2024 Unlocking Liquidity and Accessibility with RWAs Ondo’s integration with Nexo brings forth a compelling…

Bitcoin (BTC) hit a 24-hour low of $64,760 on March 21 — just 18 hours after hitting a daily high of $68,120. Most of the drop occurred over a shorter period, as BTC fell 3.2% from $66,906 to $64,760 within three hours. Bitcoin had only slightly recovered above the $65,000 mark as of press time, with downward pressure remaining in the market. The flagship crypto was trading at $65,131 at 8:50 pm UTC with a market cap of $1.28 trillion — representing an overall drop of 3% over the past 24 hours. Despite Bitcoin’s daily lows, its price remains at…

Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking achievements witnessed throughout other sectors in March. During this period, the splendor of trading volumes did not extend to digital collectibles. NFT Sales Slide 13.72% Lower Than Last Week Both centralized and decentralized cryptocurrency exchanges hit peak trading volumes in March, yet marketplaces procuring non-fungible tokens (NFTs) consistently recorded declines week after week. The trend continued through the seven days between March 29 to April…

Goldman Sachs Chief Economist Jan Hatzius has revealed he remains confident in the Federal Reserve’s plan to implement three interest rate cuts this year, despite recent comments from other Fed officials suggesting a wait-and-see approach. In a Friday interview with CNBC, Hatzius expressed his optimism on the U.S. economy, forecasting growth to reach close to 3% in 2024. He believes this robust growth can occur alongside a slowdown in inflation, projecting the core personal consumption expenditures price index to fall to 2.4% by year’s end and 2% in 2025. Notably, Minneapolis Fed President Neel Kashkari recently raised the possibility of…

Renowned crypto surveillance platform Lookonchain has identified a savvy Shiba Inu investor who has transformed barely $4K into a million-dollar fortune. In a recent tweet, Lookonchain called attention to an influential Shiba Inu investor who has moved to take a profit after holding the asset for nearly four years. A $SHIB SmartMoney deposited 200B $SHIB($6.5M) to #Gemini and #Cryptocom to take profits. This SmartMoney spent only 10 $ETH($3,793) to buy 15.27T $SHIB($496M currently) in 2020. He currently holds 2.6T $SHIB($84.4M) and the total profit is ~$127M!https://t.co/BWxcnWuwFR pic.twitter.com/0n0J3M20aV — Lookonchain (@lookonchain) March 12, 2024 Smart Money Acquiring 15T Shiba Inu According…

Amid what seems to be a crusade waged by the United States Securities and Exchange Commission (SEC) against the cryptocurrency industry despite the lack of clear regulatory guidelines, legal expert Bill Morgan has accused the agency of “making sh*t up” as they go. As it happens, the chief legal officer (CLO) at Coinbase, a crypto exchange and the regulator’s current target, Paul Grewal, pointed out the inconsistencies in the SEC’s reasoning, to which Morgan mocked the agency as making arguments up as they went, in his X post on April 4. SEC answer: “we can’t answer that, we are just…

SoonVerse, a fully integrated Web3 games and metaverse accelerator and incubator, announced a major partnership with MOON. It is an exciting AI-powered survival MMORPG games set against the backdrop of a captivating lunar environment. This remarkable collaboration appears to be a turning point for the blockchain gaming sector. It combines the innovative features of two different platforms to offer a never-before-seen level of immersion. 🔥 Exciting Partnership Announcement with MOON 🔥🌙 @BuildMOON is a Metaverse on the Binance blockchain where players can explore, colonize, and build a civilization on the moon.🎮 MOON, a play-to-earn AI-powered survival MMORPG inspired by lunar…

OKX is set to list the Zeus Network’s ZEUS token for spot trading today, enabling ZEUS/USDT trades. The integration aims to leverage Solana’s scalability with Bitcoin’s security, enhancing possibilities for decentralized applications (dApps) and secure financial services. The Zeus Network, which leverages the Solana blockchain for improved interoperability, has successfully raised $8 million in a seed funding round led by Mechanism Capital. The round saw participation from significant players like OKX Ventures and Animoca Ventures, and notable angel investors, including Solana’s Anatoly Yakovenko. The funding, aimed at developing a cross-chain infrastructure connecting Solana (SOL) with blockchains like Bitcoin (BTC) and…

JPMorgan has issued a warning that Bitcoin (BTC) may face further declines. This warning comes after a recent correction and subsequent recovery in Bitcoin’s value. In a note published today, a team of analysts led by Nikolaos Panigirtzoglou noted that Bitcoin remains in “overbought territory.” According to the report, this conclusion is based on two key metrics: JPMorgan’s futures position proxies and the Bitcoin futures price premium over the spot price. Both indicators show that Bitcoin is still overbought and there has been only a minor unwinding of positions so far. The market is significantly optimistic that the Bitcoin price…