Author: NBTC

Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of the stolen funds. Champagne pleaded guilty to multiple charges in June while his co-conspirator awaits sentencing in September. Missouri Man Sentenced for Fraud and Tax Offenses The U.S. Attorney’s Office for the District of Connecticut announced on Tuesday that Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and…

Dune, the leading platform for on-chain analytics, will integrate data from more than 50 parachains on the Polkadot ecosystem. Dune will expand its oversight on Polkadot, with data tailored toward investors, developers, and researchers. Dune Analytics will host data from more than 50 parachains on Polkadot. The new inflows will give an insight into Polkadot’s entire ecosystem, where most projects remain invisible. Dune will offer data targeting investors, developers, and data analysts. The data dashboards will be built with input from the Colorful Notion team. Dune has set up a process for integrating new parachains to scale the data as…

BlackRock and Fidelity have opted to retain their Bitcoin assets. According to data from Arkham, these firms, along with MicroStrategy and Grayscale, have not liquidated their holdings despite the market volatility. You guys sold all your coins… ButBlackRockMicroStrategyGrayscaleFidelitydidn’t. pic.twitter.com/R2NY3rDPcQ — Arkham (@ArkhamIntel) August 5, 2024 Currently, Bitcoin is priced at $54,262.48, with a 24-hour trading volume of $103 billion. Over the past day, Bitcoin has declined by 8.49%, with a market capitalization of $1.07 trillion. The circulating supply stands at 19,735,965 BTC out of a total maximum supply of 21,000,000 BTC. Following the recent dip to $50,000, InnovatekMobile reports a…

IOTA, Chainlink, and VeChain are among the top IoT blockchain projects driving innovation, enhancing interoperability, security, and trackability in various industries. Integration of blockchain with IoT is revolutionizing industries by enabling real-time tracking, automation, and machine-to-machine communication. According to a recent update on Securities.io, the details update on the Internet of Things (IoT) was especially discussed. IoT is revolutionizing various industries by providing advanced trackability and enabling machine economics. In this article, we will briefly discuss how the IoT is revolutionizing industries by enabling real-time tracking and automation, especially when integrated with blockchain technology. Key IoT Blockchain Projects Driving Innovation…

The U.S. Commodity Futures Trading Commission didn’t have the authority to “conduct a public interest review” that led it to blocking Kalshiex from listing political prediction markets in the U.S., a federal judge said in a formal opinion Thursday.. Judge Jia Cobb, of the District of Columbia, published her long-anticipated opinion nearly a week after ruling in Kalshi’s favor in its lawsuit against the CFTC. The judge wrote that Congress had revoked the CFTC’s ability to conduct public reviews of certain proposed futures contracts, unless they fit within certain buckets, like terrorism or gaming. The opinion comes as the CFTC…

Arris, a leader in digital innovation, has officially announced a strategic partnership with HyperPay, marking a significant milestone in the evolution of digital wallet technology. This announcement was made through Arris official X account. This partnership is expected to focus on the Web5 wallet from HyperPay while combining it with Arris’s strengths in growth and user acquisition. 📢 Exciting Partnership Announcement!We’re thrilled to announce our collaboration between @Arris_io and @Hyperpay_techHyperPay is the world’s first Web5 wallet, offering a unique integration of “”Offchain Wallet + Web3 Wallet + Hardware Wallet + Co-managed Wallet.”” It… pic.twitter.com/i0In3y31CZ — Arris (@Arris_io) September 11, 2024…

Semler Scientific, a healthcare company that has recently adopted a Bitcoin treasury strategy, acquired an additional 101 Bitcoin (BTC), bringing its total holdings to 929 BTC within over two months, the company shared in a Monday press release Since May this year, Semler Scientific has spent $63 million in Bitcoin purchases as part of the company’s broader strategy to integrate Bitcoin into its treasury operations. The firm said it plans to continue acquiring Bitcoins using cash from operations and proceeds from a shelf registration statement. “We remain laser focused on acquiring and holding Bitcoin, while supporting and expanding our healthcare…

A major Uniswap investor has reactivated their wallet after six months of dormancy, making a significant withdrawal of 1.48 million UNI tokens, equivalent to $10.4 million, from Coinbase Prime approximately two hours ago. The wallet in question now holds a total of 3.91 million UNI tokens, valued at $27.2 million. A likely investor’s wallet just reactivated after 6 months and withdrew 1.48M $UNI ($10.4M) from #Coinbase Prime ~2hrs ago.Now, this wallet holds 3.91M $UNI ($27.2M), with:• 3M $UNI withdrawn from Coinbase at ~$6.89 ($20.6M) in Feb and Aug 2024;• 911K $UNI unlocked from… pic.twitter.com/o0kuNmNuzg — Spot On Chain (@spotonchain) August…

A pharmaceutical firm is suing stablecoin provider Circle and demanding a refund after its CEO “accidentally destroyed” $1 million worth of USDC by sending it to the wrong wallet address. CelaCare filed the lawsuit in a Massachusetts district court this week that claims the USDC was “permanently destroyed” after its CEO, Kenneth Yates, entered the wrong Ethereum wallet address. The USDC was sent from CelaCare’s Coinbase account to a contract counterparty on July 3, 2024. The lawsuit claims, “When Yates used his computer to copy the destination address from a document sent to him by the counterparty, Yates’s computer erroneously…

Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and established institutions in the UAE. Ripple has funded numerous scholarships and research projects through its UBRI program, demonstrating its commitment to driving innovation in the region. Ripple’s Funding of NYU Abu Dhabi Exceeds $1 Million The digital asset infrastructure provider, Ripple, has renewed its strategic partnership with NYU Abu Dhabi through its University Blockchain Research Initiative (UBRI). Ripple’s extension of the partnership will bring its total funding…