Author: NBTC

The Chang hard fork, Cardano’s much-anticipated upgrade, is set to roll out by the end of this week following confirmation from Intersect, a member-based organization of the Cardano ecosystem. The upgrade is part of Cardano’s roadmap to empower its community and enhance the network’s democratic governance structure. As the major milestone is just hours away, we’ve gathered everything you need to know about the Chang hard fork, what it will do, and what investors should expect from ADA’s price actions. The Chang hard fork—”The Age of Voltaire is soon upon us” Since its launch in 2017, Cardano has undergone four…

UK police issued the country’s first-ever crypto ATM indictment after accusing a man from London of operating an illegal machine and laundering £300,000 ($395,000). Habibur Rahman was charged on Wednesday over a year after he was arrested in April 2023. UK police seized various crypto ATMs from the 37-year-old who ran a mobile phone shop in Chatham, Kent. Rahman is accused of laundering the hundreds of thousands of pounds by converting it into crypto. The UK’s Finacial Conduct Authority (FCA) issued a crypto ATM ban in 2022, warning machine holders they must be registered with the FCA. The regulator subsequently…

In September, the crypto market is poised for significant activity as approximately $1.73 billion worth of tokens are set to be unlocked. BeInCrypto has highlighted the top five unlocks that will introduce a substantial influx of assets into the market. September’s Token Unlocks: What to Expect in the Crypto Market Data from TokenUnlocks indicates that approximately $418.53 million of this month’s token unlocks are classified as cliff unlocks. In the context of token unlock events, cliff refers to tokens set to release on a schedule that’s more periodic than daily, such as weekly, monthly, or yearly. Since token unlocks introduce…

Pro-crypto Congressman Wiley Nickel (D-NC) took aim at the U.S. Securities and Exchange Commission’s (SEC) “heavy-handed approach” to enforcement after OpenSea said the regulator threatened a lawsuit against the NFT marketplace. In a tweet, Nickel criticized the SEC’s “aggressive use of ‘regulation by enforcement,’” calling it “a blatant abuse of power that erodes trust and transparency in our regulatory system.” He accused the regulator of threatening to “derail the progress driving digital innovation in the United States,” and called on the SEC to work with Congress to create “clear, fair regulations” governing digital assets and Web3 technologies. The aggressive use…

Meme coins have been getting more and more attention in the crypto world in recent times. A popular crypto analytics company PHOENIX has recently shared the list of top ten memecoins based on their social media activity. The analytics firm provided the social media-based statistics of the respective project on its official account on X. TOP #MEME PROJECTS BY SOCIAL ACTIVITY$DOGE $PEPE $SHIB $BONK $PORK $FLOKI $POPCAT $BRETT $CAT $BILLY pic.twitter.com/SQJ2kn93fI — PHOENIX – Crypto News & Analytics (@pnxgrp) August 31, 2024 $DOGE Dominates Memecoins Based on Social Media Activity In a new X post, PHOENIX mentioned that $DOGE has…

Pixelcraft Studios, the company behind crypto game Aavegotchi, is creating a “members-only” Ethereum layer-3 gaming network called Geist, built with the scaling tech of both Arbitrum and Base. The move comes as the company fears that “industrial farming” is an issue preventing real players from enjoying crypto gaming. “A lot of crypto games are farms,” the pseudonymous CEO and founder of Pixelcraft Studios, Coder Dan, told Decrypt, “[and] there’s nothing wrong with a farmer.” “But the problem is that they’re industrial farmers,” he continued. “These are not your mom-and-pop farms. These are industrial compound combine farms that are there for…

According to on-chain data, a massive 1.48 trillion PEPE tokens have recently exited the world’s largest crypto exchange, Binance.This large transaction was executed by a wallet believed to be related to the institutional crypto asset manager, Ceffu. On-chain data provider Lookonchain reports that “a wallet related to Ceffu withdrew 1.48 trillion PEPE worth $11.6 million from Binance just now.” A wallet related to #Ceffu withdrew 1.48T $PEPE($11.6M) from #Binance just now.https://t.co/H9anq20RUY pic.twitter.com/TTq3BVtVoo — Lookonchain (@lookonchain) August 29, 2024 The withdrawal was carried out in two separate transactions: the first involving one trillion PEPE tokens, followed by an additional 480 billion…

The Bitcoin market is showing striking parallels to patterns observed in late summer and autumn of 2023, according to analyst Miles Deutscher. Retail interest has significantly declined, with YouTube views plummeting in the past week. This drop in engagement reflects a broader lack of enthusiasm among market participants, exacerbated by a lack of compelling narratives to drive new investments. This feels eerily similar to August-October last year.• Retail interest is evaporating fast (YT views have fallen off a cliff over the past week)• Apathy amongst existing market participants• Lack of clear narratives(and the #Bitcoin price action looks identical too) pic.twitter.com/Y37iDoeSOl…

In the latest cryptocurrency market update, several digital assets have exhibited notable gains, underscoring the volatile and dynamic nature of the sector, as reported by Phoenix. The best performer today is $LAT, which jumped by a whopping 32.8%. This increase signifies $LAT’s rosy performance and stability in acceptance among investors and other market players. Such type of performance on a weekend further increases the significance of these coins. DAILY GAINERS$LAT +32.8% $ZANO +19.9% $GME +14.5% $RDNT +13.1% $FRONT +11.6% $TIME +11.6% $HARD +10.4% $VELO +10.1% $STMX +8.1% $RARE +6.1%#dailygainers pic.twitter.com/fsdyibFOTt — PHOENIX – Crypto News & Analytics (@pnxgrp) August 31,…

Telegram CEO Pavel Durov has been indicted and placed under supervised release by a Paris court on Aug. 28 following his recent arrest on charges including terrorism and child abuse content. Durov has been indicted and placed under judicial supervision. He needs to post bail of 5 million euros, report to the police station twice a week and is banned from leaving French territory, according to press releases. INTEL: TELEGRAM’S DUROV PLACED ON SUPERVISED RELEASE, MUST NOT LEAVE FRANCE — Solid Intel 📡 (@solidintel_x) August 28, 2024 The ruling comes after Durov was taken into custody at Le Bourget airport…