Author: NBTC

A Russian financial expert has issued a warning about the popular game Hamster Kombat, following complaints from players after the end of its first season. Many Russian players expressed disappointment, believing they would earn substantial profits from the game. According to Victor Pekov, an independent financial crime specialist in the crypto space, some players became “hostages of their own expectations,” thinking they would get rich by playing. Pekov said that the game’s developers never promised large financial rewards. Pekov told RTVI that people overestimated their chances of earning money with Hamster kombat. Many players aimed to collect enough in-game currency…

Fast-food chain Dunkin’ is giving out Bitcoin to its customers in South Korea through a series of promotions in partnership with local crypto exchange Bithumb. Participants can receive Bitcoin “coupons” to redeem for free BTC by participating in promotions that are scheduled to run from July 26 to August 8, according to Dunkin’s South Korean website. The giveaways form part of the coffee chain’s partnership with South Korean cryptocurrency exchange Bithumb. During the first promotion, customers that purchase a Bithumb Donut Pack will receive a Bitcoin coupon worth 5,000 won (roughly $3.50), a translated Dunkin’ promotional flier shows. In another…

Ether trading volume has skyrocketed by 65%, indicating higher participation from traders and investors. There is a strong possibility that ETH could reach the $2,900 level and even higher. ETH has recently broken out of the consolidation zone and is now heading toward the $2,900 level. Ethereum (ETH), the world’s second-biggest cryptocurrency by market cap appears to be super bullish and could hit the $3,000 level soon. Despite the majority of top cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and many others struggling to gain momentum, ETH has gained more than 4% of its value. Ethereum Price Momentum At press time,…

With the great wealth transfer underway, crypto investors are getting excited about the potential flow of trillions in investment into cryptocurrencies. Bitcoin continues to lead with interest from institutional investments and products on a rapid rise. Digital asset manager Grayscale has been at the forefront of bringing crypto investment products into the market, citing the major shift in the mood of institutional players and the massive capital rotation from the Baby Boomers. In what could be the greatest transfer of wealth in history, nearly $80 trillion is likely to move down from the Baby Boomer generation to millennials and GenZ.…

Aave, a decentralized crypto lending platform, experienced a 9% price surge on Aug. 15 morning, positioning it as the top performer in the crypto market. At the time of this report, Aave’s (AAVE) price remained 8% higher, trading at $106.4, with its daily trading volume increasing by 78% to approximately $262 million. The market capitalization of Aave reached $1.57 billion, ranking it 54th among the largest cryptocurrencies. AAVE 24-hour price chart — Aug. 15 | Source: crypto.news Despite the recent surge in price, Aave is still 84% below its all-time high of $661.69, which was recorded in May 18, 2021.…

In an X post titled “A stroll down memory lane,” crypto enthusiast James Murphy, aka MetaLawMan, revisited the U.S. government’s alleged plan to “asphyxiate” the crypto industry. He recalled the crypto sector’s severe downturn in March 2023, triggered by a stringent government crackdown that unfolded over just 18 days. A stroll down memory lane.Our government executes a well coordinated attack to asphyxiate the crypto industry.18 days in March 2023.👇 https://t.co/DUf0EWEKOD — MetaLawMan (@MetaLawMan) September 22, 2024 In a series of X posts during March 2023, MetaLawMan chronicled the government’s systematic actions against the crypto space. He provocatively stated, “When the…

Bitcoin exchange reserves have plummeted to approximately 2.8 million coins—their lowest levels in years. This sharp decline comes amid a sustained price surge from Bitcoin as it keeps testing $70,000, according to data from on-chain analytics platform CryptoQuant. This significant decline in exchange reserves comes at a time when Bitcoin’s price is roughly 10% away from its all-time high price of $73,737, according to CoinGecko data. Bitcoin is trading at $66,700 as of writing. Image: CryptoQuant The trend of decreasing exchange reserves began in early 2022 and has accelerated notably over the past year. However, the chart shows a slight…

The head of digital asset research at $101.9 billion U.S. hedge fund VanEck, Matthew Siegel, has discovered and revealed what could be key information for those bullish on Ethereum (ETH). According to Siegel, Ethereum has regained a significant market share of fees among the fee-based layer-1 blockchains, rebounding from a low 9% share in late August to the current 40%. Counter to Common Sentiment, #Ethereum has Regained Substantial Market Share of Fees Among Fee-Earning L1 Blockchains, Rebounding from a Low of 9% Share in Late August to Reach 40% Today. pic.twitter.com/IF9ZIdq3nP — matthew sigel, recovering CFA (@matthew_sigel) September 23, 2024…

Polymarket is reportedly in talks to raise over $50 million in new funding, which is likely tied to a potential token launch, first reported by The Information. Polymarket explores token launch amid $50 million fundraising talks pic.twitter.com/hKLY46Covg — Crypto Briefing (@Crypto_Briefing) September 24, 2024 The blockchain-based prediction market has gained popularity as a platform for betting on high-profile events like US elections, federal rate cuts, the Super Bowl, and, most recently, whether FTX’s Caroline Ellison will be sentenced to prison. Polymarket allows users to wager on the outcomes of a wide variety of scenarios, from political elections to pop culture…

Sui Network processes 297,000 transactions per second with finality in 390 milliseconds, highlighting its technical superiority. Sui Network’s partnerships with BytePlus, Tencent, and Alibaba solidify its growing influence in the blockchain industry. In a recent tweet, influencer StarPlatinum started a discussion by speculating that SUI could be the next big winner this cycle. The tweet emphasized Sui Network’s attempts to address fundamental difficulties in the blockchain ecosystem, specifically network congestion and poor adoption. Notably, Sui was able to address these difficulties without ever reaching its maximum capacity, demonstrating the power of its scalable Layer 1 infrastructure, which uses parallel execution…