Author: NBTC

A panel of federal appeals court judges in Philadelphia appeared skeptical on Monday of the U.S. Securities and Exchange Commission (SEC’s) longstanding refusal to issue specific rules related to the sale of crypto tokens. During an afternoon hearing before the U.S. Court of Appeals for the Third Circuit, lawyers for Coinbase and the SEC squared off over whether the regulator should be obligated to clarify its rules about crypto, after years of effectively “regulating by enforcement” via sporadic lawsuits against crypto firms and projects. The three-judge panel, comprised of two Democrat-appointed justices and one Republican appointee, grilled both sides for…

The total value locked in decentralized finance protocols has reached its one-month high as the broader crypto market recovers. According to data provided by DefiLlama, the global DeFi TVL is currently sitting at $87.3 billion — a level last seen on Aug. 27. The weekly trading volume, however, declined by 2.2% in the last seven days and is hovering at $23 billion. Top 10 DeFi protocols – Sept. 23 | Source: DefiLlama Notably, the DeFi TVL plunged to $75 billion on Sept. 7 for the first time since late February. You might also like: Kamala Harris on crypto: Dem nominee…

Neiro Ethereum (NEIRO), a new dog-themed memecoin on the Ethereum network, has captured the attention of crypto enthusiasts after a massive surge of over 1,500% within the past month. This rise comes amid a growing buzz on social media platforms. This new addition to the family has sparked a wave of excitement, with a slew of NEIRO-based coins generated on Solana. Notably, one coin reached nearly $100 million in market capitalization. One of The Hottest? Momin Saqib, the co-founder of Web3Pak and Web3Works, contributed to the growing interest in NEIRO through a post on X. Saqib shared his thoughts on…

The GOP’s push against the SEC’s crypto rule highlights ongoing tensions over regulatory approaches, potentially impacting future crypto policies. Rep. Patrick McHenry and Sen. Cynthia Lummis lead an appeal letter sent to the SEC urging the regulatory agency to drop SAB121. Republican lawmakers from both chambers of Congress have sent a letter to the SEC urging the agency to rescind its special accounting rule for crypto assets, known as Staff Accounting Bulletin 121 (SAB 121). The letter, led by House Financial Services Chair Rep. Patrick McHenry and Sen. Cynthia Lummis (R-Wyo.), comes after both chambers of Congress passed legislation to…

Amid a volatile market environment, several altcoins strive to stand out, with Floki Coin being a notable success. Despite recent market fluctuations, FLOKI Coin has demonstrated resilience. Investors have been eagerly awaiting new all-time high levels, although negative market sentiment has posed challenges. Contents hide 1 Strategic Partnership Announcement 2 Marketing Benefits for Floki Coin 3 Concrete Advantages of the Partnership Strategic Partnership Announcement In a recent announcement from its official channels, Floki Coin revealed its new role as the Official Cryptocurrency Partner of Nottingham Forest Football Club. Established in 1865, Nottingham Forest boasts two European championships to its name.…

In its continued effort to force the Securities and Exchange Commission to make new rules for the cryptocurrency industry, Coinbase faced off with the regulator in federal court Monday. Coinbase sued the SEC after its petition for rulemaking was denied. The case has now progressed to the US Court of Appeals for the Third Circuit. Coinbase’s team told a three-judge panel on Monday that the SEC has failed to provide a path for actors in the digital asset space, despite frequently telling companies to just “come in and register.” “[The SEC] refuses to provide a reasonable explanation for its barebones…

Streaming has leveled-up to become one of the most popular forms of entertainment in the world. With the rise of platforms such as Twitch, people can now watch their favorite content live and interact with creators in real-time.— Alex Casassovici with four company exits, including Azarus being acquired by Animoca Brands, has a wealth of knowledge to share. In this interview, we discuss his journey as an entrepreneur and his insights on the current state of streaming and how Web3 can enhance the gaming industry. The Intersection of Gaming and StreamingThe conversation began with a brief summary of how these…

Samson Mow, a Bitcoin maximalist and the chief executive of Bitcoin adoption-focused company JAN3, has commented on the recent observation made by the Goldman Sachs CEO David Solomon at the Olympic Games in Paris. This statement is being widely discussed on the crypto X at the moment. JAN3 chief reacts to Solomon’s Bitcoin statement The CNBC Squawk Box team interviewed David Solomon at the Olympics, discussing with him various issues to do with Goldman Sachs and its policies, including also the chances of the Fed Reserve cutting down the interest rates this year. Among the things discussed by them was…

After falling short of its target to onboard one billion people by 2023 using its dystopian eyeball-scanning orbs, Sam Altman’s Worldcoin has turned to a little-known energy drink to grow its user base. The controversial project, which recently underwent an ‘Apple-style’ makeover to improve its image, has now partnered with Flojo, “the world’s first sparkling beverage formulated and approved by neuroscientists.” The partnership offers $15 off crates of the peach or mango-flavored concoction for every user who registers with their World ID. “It pays to be a unique human,” Worldcoin says. Flojo appears to be trying to make inroads into…

Caroline Ellison is used to playing something of a supporting role in business and in life: About three years ago, the twenty-something math whiz became co-CEO of crypto quant trading firm Alameda Research alongside Sam Trabucco, though she later took over the role fully. Before that, she had carved out a place for herself in the inner circle of Alameda’s sister exchange, FTX—cementing her role as the dutiful lieutenant, lover, and confidant to its founder and CEO Sam Bankman-Fried. But on Tuesday, Ellison will be the one taking center stage at a federal court in Manhattan, where she’ll be sentenced…