Author: NBTC

The German government seized 50,000 Bitcoin and recently sold 3,000 BTC, but now holds over $3 billion in BTC, with $1.1 billion unrealized profit from the Bitcoin price surge. According to Ki Young Ju, Founder & CEO of CryptoQuant, the German government seized 50,000 Bitcoin, selling approximately 3,000 BTC. Notably, the recent surge in Bitcoin prices has led to a $1.1 billion unrealized profit, pushing the value of Germany’s remaining Bitcoin holdings to $3.24 billion. 🇩🇪 Germany seized 50K #Bitcoin and has sold around 3K BTC. The surge in $BTC price has resulted in a $1.1 billion unrealized profit, increasing…

The stablecoin sector has recently been going through huge growth and crucial developments. DWF Ventures has shared a comprehensive market analysis, classifying the chief mechanisms and examining the exclusive trends, signifying the broadening market size and the market leaders’ dominance. The platform took to its official social media account to disclose and provide the details in this respect. 2/ Market SizeThe stablecoins market has been expanding significantly, with market cap surpassing $160bn – which is a $41bn increase since Oct 2023.The growth indicates capital influx into crypto, especially when stablecoins play an important role as “cash” in the space. pic.twitter.com/AdNHw6lIFO…

Axie Infinity launches the Premier Bounty Board with 12.5K AXS rewards for deeper ecosystem engagement. Axie Infinity introduces Metamorph to enhance collectible usability, focusing on scarcity and utility. Axie Infinity, the cryptocurrency game that gained popularity in 2021, is back in the spotlight as part of efforts to reinvigorate the crypto gaming sector. Axie Infinity announced on Twitter that the Premier Bounty Board would begin on July 15, 2024. The Premier Bounty Board is Coming to Lunacia! We launched the Bounty Board in April to reward Lunacians for engagement in our digital nation. Play-to-Rice 🍚 became an egalitarian way to…

Do Kwon’s extradition from Montenegro has been delayed yet again. Just last week, the Balkan country’s appellate court issued what seemed to be a definitive decision to extradite Kwon to his native South Korea. But like past extradition decisions in Kwon’s case, it has been postponed by Montenegro’s Supreme Court at the request of the country’s top prosecutor, Minister of Justice Andrej Milović, according to local media reports. Montenegro has unexpectedly found itself at the center of a diplomatic tug-of-war over the Terraform Labs co-founder. Both South Korea and the U.S. want to try Kwon for civil and criminal charges…

Axie Infinity introduces Meta Morph, adding new value and utility to collectible Axie cards in the Origins game mode. Roguelike Mode launches with exciting events, offering Roguelike Tickets and new non-seasonal Runes and Charms for players. Axie Infinity, one of the major players in the crypto gaming industry, continues to make progress with new updates and advancements that promise to improve the gaming experience for its community. The game has introduced a new feature called Meta Morph, which allows users to transform collectible Axie cards into other Axies they own in Origins. This feature dramatically boosts the utility and worth…

BitGo, a provider of digital asset infrastructure solutions, has secured the Major Payment Institution Licence from the Monetary Authority of Singapore (MAS). This licence follows an in-principle approval granted several months ago. Singapore’s clear and structured regulatory environment supports BitGo’s aim to provide regulated and secure digital asset services in the region. Expanding Regulated Custody Solutions Mike Belshe, CEO of BitGo, Inc., Source: LinkedIn With this licence, BitGo can now offer regulated digital payment token services in Singapore. Clients will be able to buy and sell digital assets using BitGo’s insured cold storage custody solution, which is housed in a…

Since the start of June, investors have been watching Bitcoin (BTC), the world’s premier cryptocurrency, with an increasingly wary eye. Indeed, despite the long-standing hopes that the various positive developments of 2024 – such as the approval spot BTC exchange-traded funds (ETFs) – will drive the coin’s price up toward $100,000 or even to $300,000 as some experts have predicted, the actual crypto market moves have been quite different. For much of the last 30 days, BTC has been on a downtrend and fell as much as 11.23%. Bitcoin price today stands at $61,437 – well below its multi-month average…

X Bull Run Protocol, or XBR Protocol, has just rolled out its Minimum Viable Product (MVP) app, targeting key pain points in decentralized finance (DeFi). This new app merges the simplicity of Exchange-Traded Funds (ETFs) with the flexibility of crypto pools, aiming to simplify portfolio diversification and enhance user experience.—Traditionally, building a diversified crypto portfolio has been a complex and time-consuming task. Investors often grapple with intricate DeFi protocols, hefty fees, and substantial minimum investments. XBR Protocol simplifies this process with a user-friendly interface that integrates the benefits of Exchange-Traded Funds (ETFs) with the flexibility of crypto pools. By enabling…

Venture capital funds (VC) invested $527 million into crypto startups in July, up 14.5% year over year, according to DefiLlama data. The blockchain infrastructure sector raised $420.7 million last month, and its startups contributed the largest amount, representing nearly 80% of the total. Artificial intelligence (AI) protocol Sentient secured $85 million in a round led by Pantera Capital and Framework Ventures, making it the most successful round among blockchain infrastructure projects. Blockchain payment network Partior raised a significant amount of $60 million from traditional banking giants JPMorgan and Standard Chartered. Thus, only 2 out of 41 infrastructure-related funding rounds accounted…

The Artificial Superintelligence Alliance (ASI) and Oasis Protocol (ROSE) could collaborate. A possible partnership has earned bullish attention towards the projects. OCEAN once partnered with ROSE giving rise to speculation for an ASI and ROSE partnership. One of the fundamental features of a capable blockchain network is transparency, privacy, and security. This paired with decentralization, scalability, and AI opens new possibilities for the crypto and Web3 world. Amidst what is looking like an expected market recovery after the dip caused by Germany’s BTC receive selling, many altcoins are bullish. One of these altcoins is ASI, the Artificial Superintelligence Alliance project…