Author: NBTC

The beginning of Do Kwon’s discovery process is the latest step in the complicated and drawn-out legal journey that has been ongoing since the $40 billion collapse of Terra/Luna in 2022. Kwon was finally extradited from Montenegro to the US on December 31 and he kicked off the US leg of his ongoing legal saga by pleading not guilty to nine federal fraud charges, including money laundering conspiracy and securities fraud. There is also an “initial conference” with Judge John P. Cronan scheduled for January 8 during which the prosecution and defense will gather evidence and discuss whether or not…

Last year’s wave of Telegram tap-to-earn gaming hype may have died down, but one new title has scrapped the tapping part and is bringing in a ton of users as a result—even if it arguably feels like even less of a game than others. Zoo is the new hit on the messaging platform, bringing a FarmVille-style vibe to the world of Telegram games with a promise of payouts in tokens to players. You build up your zoo, filling it with more and more animals, which all results in earning more in-game currency—and yes, that will supposedly translate to on-chain tokens…

Authorities in Kazakhstan have blocked more than 3,500 cryptocurrency exchanges operating illegally, according to an announcement by the Kazakh regulator, AFM RK. The crackdown resulted from joint efforts by the National Security Committee and the Ministry of Culture and Information. In 2023, Kazakh authorities blocked access to Coinbase, citing alleged violations of the country’s digital asset laws. Liquidation of Illegal Crypto Platforms In 2024, the regulator liquidated 36 illegal crypto exchanges with a combined turnover of 60 billion Kazakhstani tenge (over US$113 million). Additionally, it froze and confiscated assets worth 4.8 million USDT, a popular stablecoin, from these platforms. Authorities…

A prominent crypto influencer has criticized Bitcoin (BTC) for being an antithesis of its founder’s vision. Justin Bons, a vocal BTC critic and the founder and CIO of Cyber Capital, took to X to slam the premier crypto for failing to uphold Satoshi Nakomoto’s dream of being a P2P digital cash and gold. He wrote: BTC is no longer ‘freedom money’; it is no longer intended & cannot be used by the masses directly. Instead, it is a purely speculative plaything for the rich with ZERO utility or actual value to human civilization… ~Justin Bons Bons argued that BTC is…

Amid the political turmoil and resignation of Justin Trudeau, some exciting news for crypto lovers is coming out from Canada’s changing political scenario. After Justin Trudeau announced his departure from the Prime Minister role and leader of the Liberal Party, there is a buzz on the prediction market that Pierre Poilievre could become the next Prime Minister of Canada. Popular prediction platform, Polymarket suggests an 87% chance of Pierre Poilievre becoming the Prime Minister of Canada. Pierre Poilievre has been a vocal supporter of cryptocurrency and decentralization. Pierre Poilievre dismissed the impact of Justin Trudeau’s resignation announcement in a post…

The global digital assets market saw many ups, and slightly fewer lows in 2024. The $234 million WazirX hack was one of the major highlights of the last year which shocked the Indian crypto community. In the latest developments, an India-grown crypto exchange seems to be lending a helping hand to the affected users. CoinSwitch unveiled a Rs 600 crore (approx. $70 million) recovery program for WazirX users. The exchange aims to help users recover losses and acquire customers from the embattled exchange. This comes in when the hacked exchange is planning new business initiatives alongside distributing funds to Creditors.…

Bitcoin miners across the United States are reportedly hoarding the apex crypto in what looks like an all-out arms race to survive rising costs and tougher competition. Giants like Mara Holdings, Riot Platforms, and CleanSpark are leading the charge, raising $3.7 billion since November. The timing is no coincidence. Bitcoin hit an all-time high of $100,000 last month, giving miners a golden chance to convert hype into hard cash. With Donald Trump now officially back in the White House, promising that BTC will be “mined, minted, and made in the USA,” the stakes have never been higher. High costs amid…

Bitcoin witnessed a sharp sell-off on Monday, with the asset’s single-day performance giving up more than half of the gains made last week. The world’s largest crypto fell 4.8% on the day to just above $93,000, with Monday’s drop totaling more than $4,800. For context, that’s more than 55% of last week’s $8,100 runup. Still, analysts say the move is likely part of traders rebalancing their positions as they look to the end of the year, particularly in late December, which has proven to be a favorable month in the past. “We see a combination of two catalysts pushing Bitcoin’s…

Key Takeaways Pierre Poilievre opposes central bank digital currencies and supports Bitcoin and other digital assets. Poilievre advocates for favorable regulations for blockchain companies and views crypto as a hedge against economic instability. Pierre Poilievre, leader of Canada’s Conservative Party, has positioned himself as a prominent advocate for crypto and DeFi while emerging as a leading candidate for Prime Minister following Justin Trudeau’s resignation. Poilievre joined a crypto podcast in February 2022 hosted by Robert Breedlove, a Bitcoin advocate known for making controversial comparisons between central banking policies and historical atrocities. During the show, Poilievre shared that he and his…

MEXC introduces Euro support for OTC trading, easing access for European users in the cryptocurrency market. The platform offers zero-fee Euro deposits and various payment methods, streamlining blockchain engagement for European traders. MEXC has added Euro functionality to its OTC (Over-The-Counter) trading platform, offering a big boost for European users interested in crypto transactions. This new function guarantees a flawless and quick process for purchasing and selling digital assets by allowing flawless fiat contributions through bank transfers free of expenses. By this action, MEXC increases its global presence in the crypto market and facilitates access to the blockchain economy for…