Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Just a Chill Guy (CHILLGUY) isn’t just chilling—it’s leading the pack. Over the past week, the Solana-based meme coin has ballooned by more than 135%, including a 37% jump in the last 24 hours alone. Now trading at over $0.62, Chill Guy’s market cap rose from $461 million to $621 million in just two days, according to CoinGecko data. CHILLGUY’s rise began earlier this week when the original meme’s creator, Philip Banks, publicly announced legal action against unauthorized merchandise and knockoff coins exploiting his intellectual property. Despite the controversy—or perhaps because of it—CHILLGUY became a viral sensation, attracting a flood…
Brad Garlinghouse, Ripple’s chief executive, has published a tweet to share his take on the SEC’s recent refusal related to the SEC vs. Ripple case. Commenting on Stuart Alderoty’s (Ripple’s chief legal officer) recent X post in which the CLO criticised the Securities and Exchange Commission for its recent move regarding their case. This happened as the last few weeks of Gary Gensler’s presence in the SEC as the chairman have started. Garlinghouse slams current SEC boss Stuart Alderoty tweeted that despite the fact that “Gensler’s war on crypto ends” at the SEC in ten days, the regulator has refused…
With a focus on developer tools and user-friendly apps, Base is aiming for $100 billion in assets and a stronger global presence by 2025. On Jan. 17, the Base blockchain outlined its plan for the year, targeting $100 billion in on-chain assets by October 2025. The roadmap focuses on increasing developer participation, expanding its user base, and improving the scalability of its blockchain infrastructure. The platform has set specific goals, including bringing in 25,000 developers, onboarding 25 million users, attaining $100 billion on-chain assets, and increasing blockspace capacity to 250 million gas units per second (Mgas/s). In blockchain terminology, “gas”…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.38% today against the US Dollar BTC/ETH increased by 2.43% today Bitcoin is currently trading 8.14% below our prediction on Nov 25, 2024 Bitcoin gained 38.22% in the last month and is up 153.61% since 1 year ago BTC price is expected…
As many may know, there were three main people behind the creation of XRP Ledger, XRP and Ripple: David Schwartz, Jed McCaleb and Arthur Britto. If the first two are well known and have an established media presence, the latter remains a rather mysterious person and is rarely in the spotlight. However, in a recent social media conversation, the enigmatic figure of Arthur Britto re-emerged after David Schwartz, Ripple’s current CTO, suddenly answered a question that had gone unanswered for over three years. When asked if he was Britto, Schwartz replied that he was not. More to the point, Schwartz…
In a recent development, South Korea’s Largest Exchange Upbit is currently facing an FIU disciplinary hearing over alleged KYC violations. KYC Violations According to the industry on the 16th, the Financial Intelligence Unit (FIU) of the Financial Services Commission will hold a sanctions review committee for Upbit on the 21st. It is expected that the level of fines and measures against executives and employees will be requested after Upbit’s explanation, etc. Notably, this is the first sanctions-level decision regarding issues discovered during an on-site inspection for the renewal of the virtual asset service provider (VASP). The Financial Intelligence Unit (FIU)…
ChimpX AI has partnered strategically with CDARI, the industry’s top Web3 e-commerce platform on Matchain. This synergy is developed to revolutionize the decentralized finance and e-commerce space. The new partnership can indeed set new standards in the Web3 industry. We’re excited to announce our latest partnership with @cdariofficial! 🚀Cdari, a Web3 e-commerce platform on @matchain_io (an AI-powered Layer 2 on BNB Chain), merges shopping, entertainment, and rewards into a blockchain-driven experience.Together, we’re uniting #DeFAI to… pic.twitter.com/eKWO4pkgi9 — ChimpX AI ✨ (@ChimpxAI) January 16, 2025 Uniting for DeFAI Transformation CDARI’s collaboration with ChimpX AI is being described as revolutionary for the…
Bitcoin’s 7 TPS limit risks major congestion, with self-custody users facing up to two-month transaction delays during panics. Justin Bons warns Bitcoin’s scalability flaws could trigger a “death spiral,” amplifying miner shutdowns and price collapses. Competitors with 10,000+ TPS outperform Bitcoin, raising concerns about its ability to support mass adoption and decentralized ideals. Bitcoin could face catastrophic risks if a mass exit from self-custody wallets occurs, warns crypto analyst Justin Bons. He highlights that the Bitcoin network’s limitations make it incapable of handling sudden mass withdrawals, potentially triggering a devastating “death spiral.” Bons cites a queue length of nearly two…
The XRP Ledger (XRPL), the blockchain network developed by Ripple, experienced a network outage that led developers to roll out significant enhancements to node functionality and voting protocols. The outage also triggered panic among investors, resulting in an XRP sell-off over the past 24 hours. The XRPL outage disrupted node operations and affected various node types, including Full History, Current Ledger, Pathfinding, and Submission nodes. The issue stemmed from a missing ledger, which caused Ripple’s cluster and Full History servers to lose access to the current ledger. The XRPL is currently partially (?) down.We see all Full History servers operated…
A Russian citizen from Yakutia has been sentenced to seven years of prison for funding the Ukrainian Armed Forces by sending cryptocurrencies to their account. According to Russian media outlet Izvestia, the man is currently being held in a high-security holding facility for providing financial assistance to the Armed Forces of Ukraine or AFU. This marks the first public verdict in Russian court which involves the use of cryptocurrency to finance an opposing military organization. “A criminal case under Article 275 of the Criminal Code of the Russian Federation has been opened and investigated against a resident born in 1988,”…