Author: NBTC

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…

Michael Saylor, a vocal Bitcoin enthusiast and cofounder of MicroStrategy, posted an intriguing picture on social media platform X that sparked curiosity about the crypto space. The post lives up to the maxim, “A picture is worth a thousand words.” Decoding Michael Saylor’s subtle message Interestingly, the simple black and white photo depicts the United States in the 20th century with a huge sign that reads, “For Sale, 1 BTC.” While the buildings and the bespectacled man by the signage, wearing a suit and bowler hat, typically represent an investor of that era, a Bitcoin advertisement stood out as an…

Real Vision analyst Jamie Coutts believes Ethereum (ETH) could be on the cusp of a massive rally based on several market conditions. Coutts says on the social media platform X that momentum is building in the crypto space which could signal that the smart contract platform is about to surge. However, the analyst warns that ETH’s network activity needs to see a significant increase before an uptrend is ignited. “While the conditions for a rally are forming, Ethereum will struggle to rally without a resurgence in activity. Fees are at four-year lows. On the positive side: Layer-2 (L2) adoption has…

After Spot Ethereum ETF approval, the first applications for Solana ETFs have arrived. VanEck made the first application for Solana (SOL), followed by 21Shares. A New SEC Chairman Needed for Solana ETF Approval! While uncertainty regarding SOL ETFs continues, VanEck Head of Digital Assets Research Matthew Sigel said the company’s Solana ETF approval is up to the SEC Chairman. Speaking to Bloomberg, Matthew Sigel stated that SOL ETF approval depends on the appointment of a new SEC chairman after the US elections in November. Pointing out that at this point, there is another obstacle for SOL ETFs other than the…

The SIC’s notification against Worldcoin consists of a first act of indictment that is initiated without formal accusation The accusation also includes Tools for Humanity, the company behind Worldcoin. The SIC could impose economic sanctions and apply the temporary or definitive closure of Worldcoin in Colombia. Colombia’s Superintendence of Industry and Commerce (SIC) has accused the decentralized identity project Worldcoin and the company behind it, Tools for Humanity, of alleged violations of the personal data protection regime, the agency said in a statement released Tuesday. The SIC’s notification against Worldcoin consists of a first act of indictment that is initiated…

Binance CEO Richard Teng has spoken up against a growing community concern that Binance is sanctioning Palestinian accounts at the behest of Israel. According to a letter circulating on X social media, there were claims that Binance complied with requests to freeze the accounts of “all Palestinians.” Binance CEO shed true light Shedding light on what truly happened, Richard Teng said the circulating news was mere FUD. He claimed that only a limited number of users were impacted, and that these accounts were linked to illicit transactions. FUD. Only a limited number of user accounts, linked to illicit funds, were…

Floki Trading Bot enables quick token purchases on BNB, Ethereum, and Base via Telegram, reducing slippage and delays. Multi-chain support in Floki Trading Bot allows seamless token trades across blockchains with integration to top DEX aggregators. Floki Trading Bot offers exclusive rewards, including token allocations and incentives, alongside a referral program for users. The Floki Trading Bot, a new tool simplifying token trading, has officially launched on the mainnet across major EVM chains, including Binance Smart Chain (BNB), Ethereum, and Base. Designed to eliminate the delays and slippage common in decentralized exchanges (DEXs), this bot provides a quicker and more…

While Bitcoin and altcoins started the day with a decline, BTC fell below $ 61,000 again. While this decline in BTC also affected altcoins, whales also went into selling mode. Corporate Whales Switched to Sales Mode! According to first shared by on-chain analyst The Data Nerd, Galaxy Digital deposited $14.72 million worth of Avalanche (AVAX) to Binance. Accordingly, an address from Galaxy Digital deposited 520,000 AVAX ($14.72 million) worth $14.72 million to Binance. Previously, this address, owned by Galaxy Digital, deposited 498 BTC.B and borrowed 520,000 AVAX on the AAVE lending protocol. While institutional investors’ sales continue, important market maker…

The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos. According to court documents filed in a Florida court last week, CluCoin’s founder – 40-year-old Austin Michael Taylor of Maryland – admitted to regularly transferring funds earmarked for CluCoin-related projects to his own personal crypto wallets and then transferring them to online crypto casinos. Taylor founded CluCoin in the spring of 2021, marketing the project to his “large Internet following” as a streamer as a way to fund charities. After CluCoin’s subsequent ICO that May, the…