Author: NBTC

Andreas Szakacs, a co-founder of OmegaPro, alleged to be a cryptocurrency-related scam, was arrested in Turkey in July, Turkish media reported. Turkish authorities seized cold wallets and computers and tracked $160 million of cryptocurrency movements, the reports said. Andreas Szakacs, a co-founder of OmegaPro, was arrested in Turkey in July for his involvement with the company alleged to have scammed investors of $4 billion in a cryptocurrency Ponzi scheme, Turkish media reported Thursday. Szakacs, a Swede, changed his name to Emre Avci after becoming a citizen of the country, Turkey Today said. He rejected the accusations and said he worked…

Visa and Revolut have teamed up to provide instant card transfers for Revolut’s business customers using the Visa Direct system, Pymnts reported. This partnership, announced today (Tuesday), aims to eliminate the delays and complexities associated with international payments. According to the two companies, the new agreement is an important step in business payments. By integrating Visa Direct into Revolut’s business platform, companies can reportedly transfer funds to over 78 countries in less than 30 minutes. This offering supports more than 50 currencies, making it easier for businesses to operate on a global scale without the usual friction of international transfers.…

Prominent trader and Bitcoiner Willy Woo has commented on a recent statement made by another trader, Kashyap Sriram, about gold and BTC, and whether Satoshi copied Bitcoin’s model from that of gold. Willy Woo also elaborated on whether a hypothetical shutdown of the Bitcoin mining network is an “amazing” idea. Bitcoin vs. gold – Is that Satoshi’s plan? Kashyap Sriram claimed that when Satoshi was working on Bitcoin, he kept gold in mind. In particular, the Bitcoin creator even used the word “mining” to describe a “coinbase transaction” (the first transaction in every new block started on the network) since…

Ethereum (ETH) price could be on the brink of another surge despite the recent pump to $2,800, according to several indicators analyzed on-chain. Currently, ETH trades at $2,771. If the signs recently spotted are valid, the cryptocurrency’s value could hit levels not seen since the succesful spot ETF launch on July 23. Ethereum Presents a Rare Chance as Accumulation Picks Up Yesterday, during the early Asian hours, ETH traded at $2,624. Following remarks from Fed Chair Jerome Powell signaling a reinforced commitment to inflation reduction and potential interest rate cuts, the altcoin’s value surged. The ETH price increase brings the…

Hedera leads crypto development activity, showcasing strong innovation and a vibrant developer community. Hedera partners with Nordic Blockchain Association to boost blockchain adoption in Denmark. According to recent insights from the market intelligence platform Santiment, Hedera still ranks highest among cryptocurrencies in terms of development frequency. Chainlink has entered second place in the meantime, displaying a dramatic change in the scene of development. 🧑‍💻 Here are crypto’s top coins by development frequency. Hedera remains at the top spot, with Chainlink sliding into the #2 position. The below list is sorted by counting any non-redundant activity from a project, and averaging…

Another day, another fake Kamala Harris headline. Already this week, we’ve heard all about her non-appointment of Gary Gensler and her non-existent unrealized crypto gains tax, and today we have to point out that the 2024 White House hopeful hasn’t adopted a ‘pro-crypto policy.’ The US Representative for North Carolina called it “Big News” and said he was “thrilled about this important policy statement.” Users posted headlines like “Kamala Harris Promises Pro-Crypto Policies” to millions of views. For a day, X (formerly Twitter) suggested endless posts about the supposed policy shift on its Trending page. Like so much ‘news’ that…

FTX’s sister company, Alameda Research has transferred a total of 698,000 Worldcoin(WLD) worth around $1.13 Million to Binance in 20 days. The now bankrupt crypto trading firm, Alameda Research has been selling WLD tokens since August 8. Alameda Research had obtained 25 million WLD by investing in Worldcoin. Alameda Research currently still holds 24.3 million WLD worth $36.69 million. According to EmberCN monitoring, these WLD will continue to be sold in batches for a considerable period of time, considering previous FTX/Alameda asset liquidation and sales. Alameda Research 自 8/8 开始出售 WLD 以来，在 20 天时间里已累计将 69.8 万枚 WLD ($1.13M) 转进币安。 Alameda…

Ethereum (ETH) will flip Bitcoin (BTC) by the market capitalization in the next five years. ETH looks bullish and could reach the $3,000 level in the coming days. ETH’s trading volume has jumped by 40%, indicating higher participation from traders. The overall cryptocurrency market has turned bullish after the potential interest rate cut announcement by Fed Chair. Amid this uptrend, Nick Tomaino, a crypto expert and the founder of 1Confirmation, published a report on X (previously Twitter) stating that Ethereum (ETH) will flip Bitcoin (BTC) by the market capitalization in the next five years. ETH to Flip BTC in Market…

Ava Labs introduces Avalanche ICTT, or Avalanche interchain token transfer, an efficient and harnessed service for builders to set up contracts for token transfers on Avalanche. This advancement simplifies the conventional complications and high-cost procedures associated with developing and auditing smart contracts that are intended to facilitate the transfer of tokens between layer 1 blockchains. Avalanche ICCT facilitates the uninterrupted bridging of tokens, such as USDC and BTC, among multiple L1s on Avalanche through pre-built, permissionless, and extensively audited smart contracts. This allows for faster transactions while also maintaining safety and quality standards throughout all cross-chain transactions. In the ever-shifting…

Slash Vision Labs, the company behind one of Japan’s most popular crypto payments services, is looking to expand further into Asia by increasing access to its native SVL token. Its strategy involves getting some of Asia’s most reputable exchange platforms to list the SVL token, so as to boost awareness of its brand and make it easier for users to acquire its native asset and get the most out of the services it provides. To that end, it announced this week that SVL will soon be listed on the Gate.io cryptocurrency exchange. It’s a big coup for Slash Vision, as…