Author: NBTC

Binance executive Tigran Gambaryan was denied bail by a Nigerian judge, a family spokesperson said Friday. Gambaryan, the crypto exchange’s head of financial crime compliance, has been detained in Nigeria since February. He has been in the notorious Kuje prison alongside the likes of terrorist group Boko Haram since fellow Binance employee Nadeem Anjarwalla escaped custody in March. Alongside Binance, Gambaryan was charged with tax evasion and money laundering, though the tax charges were later dropped. The court deferred making a decision on bail in September. Gambaryan’s attorneys filed a new bail application, citing his deteriorating medical condition. One lawyer,…

Stripe is back into the crypto game, after promising to add stablecoins back in April. The service will unroll crypto payments for US businesses. Stripe, one of the actively growing fintech services, will add crypto payments. The new service will accept stablecoins from 150 countries, accepting Circle’s USDC. The first recipients in fiat will be US businesses, before unrolling the service to more countries. USDC payments will be processed through Ethereum, Polygon, and Solana. Stripe has not mentioned Base, one of the most widely used chains for issuing USDC payments. okee, crypto on @stripe is officially back! – accept stablecoins…

Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token’s price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.35 across major exchanges. SEI trading volume surged 159% to over $270 million, while the altcoin’s market cap reached $1.1 billion. The gains saw SEI rank second among the biggest gainers in the top 100 coins by market cap, trailing only the rallying Popcat (POPCAT). The Solana meme coin was up 33% in 24 hours, with its price hovering near $0.92. Both…

The French investment space is experiencing new trends that are driving younger and more active investors into the market. This is according to a study that revealed that 40% of French investors made their first investment in the last four years. The study by the AMF and OECD also highlighted the rise of independent, self-directed investors. This new trend points to a shift from traditional assets towards more innovative options, including ETFs, crypto-assets, and crowdfunding. According to the study, 24% of French people identify as independent and active investors. These investors take control of their portfolios, opting not to delegate…

The official Shiba Inu marketing expert known to the community under the pseudonym Lucie has published a tweet to celebrate the beginning of “Uptober” and hint that Shibarium and its DeFi system are ready for it. |￣￣￣￣￣￣￣￣￣￣￣| Uptober! |＿＿＿＿＿＿＿＿＿＿＿| \ (•◡•) / \ / —— | | |_ |_. DEFI – SHIBARIUM — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 30, 2024 Lucie mentioned the decentralized finance ecosystem on Shibarium after she spread the world a little earlier that SHIB DeFi had reached a major milestone – the amount of total value locked (TVL) on Shibarium surpassed $7 million. TVL refers to the total…

SEC appeals Ripple ruling to Second Circuit, aiming to redefine XRP as a security. Ripple leadership confident, citing prior court skepticism of SEC’s arguments. Appeal outcome may set precedent for U.S. digital asset regulation and crypto market oversight. The U.S. Securities and Exchange Commission (SEC) has officially advanced its appeal in its ongoing legal battle against Ripple Labs, filing it with the Second Circuit Court of Appeals. This development comes after Judge Analisa Torres ruled partially in favor of Ripple in July 2023. The SEC’s appeal, filed on October 4, 2024, has been recorded in the PACER system under docket…

Financial Services Commission Chairman Kim Byung-hwan said he would “look into it” regarding the market domination of the country’s leading crypto exchange Upbit. In a national assembly meeting, legislator Lee Kang-il raised issues about Upbit’s dominance and its close partnership with the local bank, K-Bank. The online banking firm holds a significant portion of Upbit’s deposits, according to an Oct. 10 report in local media. Monopoly Concerns “I am aware of the issue of Upbit’s monopolistic system,” Lee said before adding [translation]: “The monopolistic trend toward one company, Upbit, started after its business partnership with K-Bank.” He then raised an…

With the recent rate cuts by the United States Federal Reserve (‘Fed’) providing a bullish trigger for the price of Bitcoin (BTC), the maiden cryptocurrency has managed to cross the critical level at $60,000 and continue upwards, and artificial intelligence (AI) algorithms have turned bullish. As it happens, for the first time in over four years, the U.S. central bank has cut the interest rates, and by no less than a half point, in an aggressive beginning of its easing campaign, helping Bitcoin to recover from its losses amid uncertainty prior to the Federal Open Market Committee (FOMC) vote. AI’s…

MetaWealth, the fintech startup disrupting real estate investment through tokenization, is set to make waves in London’s tech scene. In a groundbreaking move, MetaWealth is partnering with Superteam UK to launch The Square, the city’s first tokenized co-working space powered by the Solana blockchain. This revolutionary space aims to attract top talent from across Web3 and frontier technologies, further solidifying London’s reputation as a global tech hub.—Fractional Ownership in London’s Tech EpicenterFor the first time, retail investors will have the chance to invest fractionally in two premium co-working spaces in The Square, located in Shoreditch’s fintech heart. With iconic neighbors…

Several Layer-1 (L1) blockchain protocols have emerged as strong contenders in the decentralized ecosystem, offering unique solutions and supporting a wide range of blockchain applications. These L1s operate independently, validating and executing transactions without relying on other networks. While Ethereum remains a dominant force, protocols like Injective (INJ), Kaspa (KAS), Celestia (TIA), Sui (SUI), and Sei (SEI) have gained significant traction. Let us highlight the basic functionalities of the identified protocols while providing details on how their native tokens have performed of late. Injective (INJ) Injective is a DeFi-focused, interoperable L1 blockchain protocol with decentralized spot and derivative exchanges. It…