Author: NBTC

The Seoul Southern District Prosecutors’ Office is looking into a police officer accused of taking bribes in connection with crypto cases. The investigation, handled by the office’s Virtual Asset Crime Joint Investigation Unit, focuses on claims that the officer accepted money and favors while working on virtual asset cases at the Gangnam Police Station in Seoul. This raises questions about potential corruption within the police force, especially in cases involving cryptocurrencies. On August 23, authorities searched the Gangnam Police Station where the accused officer is stationed. The Seoul Southern District Prosecutors’ Office, led by Chief Park, oversaw the operation. Investigators…

Footprint, a blockchain analytical platform, announces a strategic integration of Arbitrum One and Nova to enhance the data insights for Arbitrum users. Footprint shared this exciting news with the Arbitrum community through its official X account. Introducing the integration of Arbitrum One💙 & Nova 🧡 on Footprint ⛓️📊 @arbitrum @arbitrumcore @ArbitrumDevs It provides the Arbitrum community with comprehensive data insights and analytics tools, including: 🔹 Real-time metrics on TVL, transaction volumes, and network… — Footprint Analytics (@Footprint_Data) August 20, 2024 The Arbitrum community would be open to analytical tools and comprehensive data insights through this integration. The Arbitrum community will…

In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle The PI Cycle Top Indicator operates by tracking two key moving averages: a short-term 111-day moving average (colored orange in Rekt Capital’s visual analysis) and the 350 day moving average (depicted in green) to gauge extended market trends. A crucial aspect of this tool is…

A widely followed crypto analyst is mapping out the path he believes Ethereum (ETH) is most likely to take for the rest of 2024. In a new video update, crypto strategist Benjamin Cowen tells his 808,000 YouTube subscribers that if ETH were to spark a rally, it would not surpass the $3,000 price level based on previous market cycles. “ETH has been going down since March, so my guess is that if ETH were to get a rally, it wouldn’t go much higher than $3,000. I would guess it gets rejected by the bull market support band this year and…

Polkadot (DOT) has once again triggered the crypto community with a post about rebranding its name. Out of the blue, the official X account of the Polkadot Network posted that with the community’s permission, it will be rebranding to “KOLKADOT.” Jokes gone too wild Name rebranding is not uncommon in the digital currency ecosystem. However, the light-hearted reactions that followed the post from Polkadot suggest it was just a ploy to engage the community for fun. community voted, we’re rebranding to KOLKADOT https://t.co/knmF5CihUl — Polkadot (@Polkadot) July 3, 2024 Polkadot has been in the news for the wrong reasons lately,…

Do Kwon was allegedly recorded by Serbia’s government intelligence agency​​ at a meeting with Montenegrin prime minister Milojko Spajic, according to former justice minister Andrej Milović. This is despite Spajic denying the pair had held any meetings after Do reportedly stated in a letter last year that he has known Spajic since 2018 and that the pair held meetings in Belgrade. According to Montenegrin outlet Vijesti, Milović made the claim at the ‘Podgorica list’ presentation where he claimed, “If I wanted to remain silent, I would still be a minister.” Milović is currently running for mayor in Montenegro’s capital, Podgorica.…

Layer-2 sequencers have become dangerously centralized, introducing significant risks that undermine the foundational principles of blockchain. To safeguard network integrity and prevent the erosion of trust, we must urgently transition to a model that does a better job at eliminating single points of failure. Failing to do so jeopardizes network security and exposes entire ecosystems to serious threats including transaction censorship, security breaches and the potential compromise of customer data and funds. Since Q2 2024, layer-2 solutions built atop the Ethereum network have been processing an average of 12x more transactions than the base layer. Similarly, on June 6, the…

Speculation is mounting over whether altcoin season has begun, with Bitcoin’s (BTC) dominance (BTC.D) struggling to break out of its rising wedge. As Bitcoin faces persistent resistance around the $60,000 mark, analysts suggest that these conditions could set the stage for an altcoin season. Is Bitcoin Faltering? As of this writing, BTC.D sits at 56.91%. It failed to breach the upper line of its rising wedge on August 5 and has since trended downward. Bitcoin Dominance. Source: TradingView The failure to break out of the rising wedge is often seen as a bearish signal, implying that Bitcoin’s dominance might be…

The price of Ethereum (ETH), the second largest cryptocurrency, has faced a slight correction earlier today. While ETH is still expected to push toward the next high, some whales have turned bearish. This has added more pressure on trading activity, leveling additional obstacles for ETH to trigger a massive rally. Whale Alert, the leading crypto tracking service, has detected two notable whale transactions earlier today. In the first transfer, a whale sent 12,573 coins from an unknown wallet to leading U.S. crypto exchange Coinbase. Based on the Ethereum price during the time, this transfer is estimated to be worth around…

GamerHash and IO.net partner to integrate 780,000 gamers with decentralized GPU power. Partnership aims to bridge gaming and AI industries through strategic co-marketing campaigns. GamerHash plans GHX token integration with Solana, enhancing Web3 ecosystem potentials. GamerHash and IO.net, a pioneer in decentralized computing networks, have announced a major collaboration. This collaboration aims to transform the gaming and AI industries by putting together GamerHash’s 780,000-strong gaming community with IO.net’s innovative decentralized computing capabilities. GamerHash & https://t.co/O37eN1xOEI – Creating The Decentralized Future Of AI 🔥GamerHash is excited to officially announce our partnership with @ionet, another innovator in the sphere of decentralized computing…