Author: NBTC

Montenegrin Justice Minister Bojan Božović said that the decision on the extradition of Terraform Labs founder Do Kwon has been made and will be announced by the end of Sunday. Montenegrin Justice Minister Bojan Božović confirmed that the decision regarding the extradition of Terraform Labs founder Do Kwon has been made and will be officially announced by the end of the week. “The decision has actually already been made and will be signed by the end of this working week,” Božović told BIRN. The announcement comes after months of legal proceedings and international pressure for the extradition of Do Kwon,…

Key Takeaways Stripe is in advanced discussions to acquire Bridge, a platform specializing in stablecoin transactions. The deal could significantly enhance Stripe’s capabilities in the stablecoin sector. Stripe, the privately-owned payments giant, is in discussion to seal a deal to acquire Bridge, a stablecoin payment platform founded by Coinbase alumnus Sean Yu, Bloomberg reported Wednesday. Sources familiar with the matter indicate that discussions are in advanced stages, though no agreement has been finalized. Both parties might still withdraw from the negotiations. Bridge, based in San Antonio, Texas, specializes in enabling businesses to manage stablecoins like USDT and USDC. It aims…

On this Friday the 13th, Peter Schiff declared it is a “lucky” day for gold investors as the precious metal trades at a new all-time high of $2,600. Bitcoin (BTC) investors, though, in Schiff’s view, are “out of luck,” as are all Americans in general, says the banker and financial expert. In his view, record-high gold prices are not just a reflection of market trends. They signal something more concerning, like higher inflation, unemployment, rising long-term interest rates and maybe even a recession on the horizon. While many are looking forward to the Federal Reserve cutting interest rates next week,…

All eyes are on Ethereum as the crypto market watches closely following Bitcoin’s recent surge. Analysts and investors are now cautiously waiting for Ethereum to catch up, with some fearing that ETH’s performance in this cycle may fall short of expectations. Recent price action for Ethereum has shown signs of strength, giving investors confidence that a potential breakout could be near. Ethereum is currently trading within a bullish pattern that, if broken, could lead to a massive surge in the coming weeks. With Bitcoin leading the way and market momentum building, ETH could be poised to follow, unlocking new gains…

Shibarium, Shiba Inu’s layer two scaling network, has witnessed significant growth in its Total Value Locked (TVL) just one week after the launch of the Bonecrusher. The platform’s TVL reached $3.64 million, reflecting strong community participation and ongoing interest. Lucie, the marketing lead at Shiba Inu, called attention to this record in a post on X. She noted that the recent data highlights increased activity on the network as users engage more deeply with Shibarium’s staking and liquidity features. Strong Liquidity and Staking Activity Notably, Lucie disclosed that 93.7 billion KNINE tokens have been bridged to Shibarium since Bonecrusher’s launch.…

The price of Bitcoin rose Friday, hitting its highest mark since the start of September as traders grew more confident that the Federal Reserve’s upcoming meeting would yield a jumbo-sized rate cut. With Bitcoin’s price nearing $60,000—reaching as high as $59,735 per CoinGecko, up 2.5% on the day—the increase represented a reversal of September losses seen as government data stoked worries of a weakening U.S. economy. For example, Bitcoin fell as low as $53,300 a week ago after a weaker-than-expected jobs report for August. The Federal Reserve is widely expected to lower its benchmark rate last week, loosening monetary conditions…

Ethereum Prague-Electra (Pectra) upgrade is expected to be the third large hard fork post-Merge. Set to be activated in 2025-2026, Pectra will make ETH staking more resource-efficient, enhance the blob mechanism, address lost keys issues and advance the way the second largest blockchain employs Account Abstraction (AA). Ethereum’s Pectra upgrade explained: EIPs, activation date, opinions Prague-Electra or Pectra is a hotly-anticipated upgrade (hard fork) on the Ethereum (ETH) blockchain that will include two phases and make the network faster, cheaper and more flexible. Pectra (short for Prague-Electra) is an upcoming Ethereum (ETH) blockchain hard fork that is expected to be…

The CATS project, is a meme coin built on The Open Network (TON) blockchain, designed to captivate the growing Telegram user base, has made some important announcement regarding the distribution of native token, $CATs, and upcoming airdrop rewards which has sparked a sense of excitement within the community. Tokenomics With a total supply of 600 billion $CATS, the meme coin projects is set to reward its active community members and incentivize growth. The token distribution is allocated as follows: 55% for Airdrops (divided between Season 1 and Season 2) 12% for Exchanges 10% for Early Growth Supporters 10% for Ecosystem…

Famous crypto pundit Ben Armstrong (BitBoy) has asserted that XRP will experience a bull run regardless of the latest actions from the U.S. Securities and Exchange Commission (SEC). Notably, the price of XRP is down 2% over the past day, currently trading at $0.5467. XRP rallied to a two-week high of $0.5612 on Thursday but has since lost those gains. The reversal comes as the SEC officially documents details of the rulings in the Ripple case that it chose to appeal. On October 17, the SEC submitted the required Form C statement to the U.S. Court of Appeals for the…

WazirX plans to disclose 240,000 wallet addresses and balances in an affidavit filed with the High Court of Singapore amid ongoing debt restructuring efforts. The exchange has been working to repay customers after a $230 million cyberattack in July crippled WazirX’s operations and left users without access to funds. The exchange’s holding company, Zettai Pte Ltd, is overseeing the restructuring process to stabilize operations and address outstanding liabilities. “At WazirX, we’ve always believed that transparency is key to building and maintaining trust with our users,” the exchange wrote on Twitter Wednesday. 📢 Disclosure of 240,000+ wallet addresses pursuant to debt…