Author: NBTC

The Bobby Politifi Meme Token, trading on Uniswap under the ticker BOBBY, had a high-profile relaunch this morning at Consensus 2024. The event, taking place now in Austin, Texas, marked a new phase for a token that has matured from a simple meme coin into an influential movement supporting Robert F. Kennedy Jr.’s vision for the future of crypto. The relaunch event on May 29 showed the token’s transition and its broader mission. “$Bobby is more than just a token; it is a movement that resonates with the ideals of independence in the face of a captured, secretive, and centralized…

A Dutch court ruled today that Alexey Pertsev, the developer of Tornado Cash, must remain in prison as he prepares his appeal against a money laundering conviction. A Dutch Court of Appeal in ‘s-Hertogenbosch denied Pertsev’s bail request and upheld the decision to continue detaining Pertsev despite his claim that he is not a flight risk. Pertsev, found guilty of laundering $2.2 billion, has been in custody for the past two months. While detained, Pertsev did not have access to a computer or the internet. His lawyers, Keith Cheng and Judith de Boer, argued that he needed access to a…

Pixelverse, the project behind rising Telegram game PixelTap, announced Monday that it will launch its PIXFI token on The Open Network (TON) on Thursday, July 18, tweeting that “major centralized exchanges” are set to list the token at 12pm UTC. The PIXFI token launch comes amid a surge in demand for Telegram-based games. After Notcoin pulled in 35 million players earlier this year and dropped the year’s largest gaming token launch in May, other games on the messaging platform started gaining steam. Pixelverse says it attracted 50 million new players in June alone. But tokens from those other games haven’t…

Incumbent stablecoin issuers may want to start looking over their shoulder. A raft of new entrants are coming to challenge industry stalwarts like USDT, USDC and DAI by taking a payments-first approach. Looking at the profitability of Tether, it’s not hard to see why the issuer is attracting competitors. The company behind the leading stablecoin reported over $4.5 billion of net profit in the first quarter of 2024. Read more: Tether just obliterated its former net profit record for a single quarter Overcoming the cold start problem is no easy feat. The top three stablecoins enjoy widespread support on both…

Key Points: SEC’s advisory committee will explore recent changes to the SBA investment program. Scheduled for July 30, 2024; available via live webcast on www.sec.gov. The agenda for the July 30, 2024, in-person meeting of the Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee focuses on a detailed review of recent amendments to the SBA investment program. The meeting will be webcast at www.sec.gov, allowing any interested party to listen to the discussion. The Committee’s only mandate is to offer counsel to the Commission concerning issues touching on rules and policies regarding small businesses. Since the business is…

In his recent blog post, Chinese journalist Colin Wu sheds light on the aftermath of PlusToken, one of the biggest cryptocurrency Ponzi schemes in Bitcoin history. The case involved the seizure of a large number of digital assets by Chinese authorities. Analysis: Has the Chinese government sold the 190,000 bitcoins it held? The Arkham article states that the Chinese government holds 194,775 bitcoins from the PlusToken. However, according to investigations, most of them have been sold between late 2019 and mid-2020. Read more:… pic.twitter.com/QIrbAdPnEM — Wu Blockchain (@WuBlockchain) July 9, 2024 The PlusToken Puzzle: Seized Crypto and Unanswered Questions According…

After helping Caitlyn Jenner launch a meme coin and allegedly stealing “lots of money” from her, as Jenner claimed, crypto promoter Sahil Arora quickly moved onto a new celebrity subject: rapper Iggy Azalea. But Azalea launched her own token instead of working with Arora, slamming the promoter in a series of tweets Tuesday. That didn’t stop Arora from apparently taking in $380,000 worth of funds in a presale for an Iggy Azalea token of his own—and it still hasn’t been airdropped to those who sent funds, as of this writing. Through his Telegram group, XO, Arora teased that Iggy Azalea…

Binance has taken another significant step towards regulatory compliance and security by joining the secure Global Travel Rule (GTR) Alliance. This move aligns Binance with an international community of virtual-asset service providers (VASPs) dedicated to adhering to key international AML regulations. Specifically, it complies with the Financial Action Task Force’s Recommendation number 16, also referred to as the Travel Rule. Advancing compliance and security with the Global Travel Rule alliance. Bridging crypto with traditional regulations is challenging but crucial.We’re committed to providing a secure, seamless environment for FATF Travel Rule adherence.Read on ⤵️https://t.co/5uDs8sFOhb — Binance (@binance) July 13, 2024 Binance…

Introduction Bitcoin will revolutionize politics, not replace it. Even if hyperbitcoinization were to become a reality with Bitcoin at the center of the monetary system that emerges from the ruins of the current fiat system, the state would remain the dominus of international relations. It would rise from the ruins of its predecessors, like a phoenix from its ashes. As Max Weber wrote over a hundred years ago in his famous essay “Economy and Society,” the state will continue to utilize legal coercion and violence as its specific and distinctive means of action. This is due to its essence of…

Members of the Terra Luna Classic community have spoken out against proposal 12105. The community has decided to switch the burn tax distribution from rewards to an oracle pool. An initiative to raise the burn tax to 1.5 percent was shot down by the Terra Luna Classic community. Regular suggestions to change the burn tax, particularly to raise its amount, have been met with community members’ dissatisfaction. Members of the Terra Luna Classic (LUNC) community have spoken out against proposal 12105, titled “Increase burn tax,” calling it illogical and an example of “lazy effort.” As a result, the proposal has…