Author: NBTC
Hayden Davis, 28, went from selling Oreos to pay rent to pulling off one of the biggest crypto scams in history. He called himself a “hustling expert” on LinkedIn, but last month, his name became synonymous with fraud, deception, and a $1 billion crypto collapse. The disaster came thanks to $LIBRA, a meme coin he pushed as a way to help Argentina’s economy, only for it to crash overnight, leaving more than 10,000 investors burned and at least $250 million gone. Meanwhile, Hayden walked away with $100 million and hasn’t been heard from ever since. But who is this guy?…
Algorand, Litecoin, and Polkadot offer innovative solutions with strong growth potential. The DeFi space sees Terra Luna Classic persevering steadily. Mantra allows its users to access profitable options on its network via its community-oriented platform. The mainnet launch of Pi Network resulted in price droppings that have caused investors to search for alternative cryptocurrencies that demonstrate strong fundamentals and expansion capabilities. The alternatives comprise Algorand (ALGO), Litecoin (LTC), Polkadot (DOT), Terra Luna Classic (LUNC), and MANTRA (OM). Algorand (ALGO): An Innovative Blockchain Platform Algorand operates as a fast and highly secure blockchain platform. Pure Proof-of-Stake serves as the consensus protocol…
Charles Hoskinson denies any appointment to a crypto-related role, clarifying that meetings do not imply executive branch endorsements. Speculation emerged following Hoskinson’s cryptic hints about a key meeting, drawing mixed reactions from the Cardano community and broader industry. Hoskinson urges restraint in speculation, emphasizing that ongoing discussions should not be misconstrued as government appointments or regulatory influence. Cardano founder Charles Hoskinson has invalidated rumors about his involvement with cryptocurrency policy due to an alleged appointment as a government official. Hoskinson delivered this announcement following recent community debates triggered by the pending March meeting agenda. Hoskinson recently declared through social media…
Crypto research and analytic platform CryptoRank has revealed that Binance tops centralized exchanges in monthly net reserves, with a surge of $4.5 billion in net inflows. The firm also noted that Bybit recorded massive outflows, an additional $3.5 billion over the past month. Bybit experienced huge negative monthly reserves following a hack in February. KuCoin and OKX exchanges also recorded a drop in net outflows of $464 million and $517 million, respectively. Bitfinex and HTX Global reported an increase in monthly inflows, with roughly $639 million and $585 million, respectively. Binance reserves net inflows surge by $4.5 billion Binance reserves…
Ethereum price today: $2,240 The Ethereum Pectra upgrade has returned to normal operation on the Sepolia testnet after developers fixed bugs in its deposit contract. Developers assured users that the issues don’t affect Pectra’s mainnet deployment. ETH is struggling to hold the $2,200 support level as the Stoch hits the oversold region. Ethereum (ETH) is up on Wednesday after developers fixed issues with the Pectra upgrade’s deployment on the Sepolia testnet. The top altcoin aims to hold the $2,200 support level amid negative sentiments from Pectra’s failure on testnets. Ethereum faces issues with Pectra deployment on Sepolia The Ethereum Pectra…
Bitcoin development firm Blockstream is launching three investment funds, including two focused on crypto lending, the company announced Tuesday. The crypto company co-founded by legendary bitcoin (BTC) developer Adam Back plans to launch a fund that underwrites Bitcoin-backed loans and one that allows for crypto borrowing with U.S. dollars as collateral while a third fund would deploy hedge fund strategies, according to a tweet. Bloomberg reported earlier that the company had secured several billion dollars in funding to launch these funds, citing anonymous sources. The crypto lending business had been hit hard after the collapse of former crypto exchange FTX,…
The growth potential of Litecoin and Ripple combined with Dogecoin and Solana is remarkable because these cryptocurrencies have advanced their technologies and gained strong market adoption. Regulatory advancements together with institutional backing serve as critical determining factors for the long-term success of these digital currencies. Investors need to monitor market developments together with conducting research before making investment choices. The cryptocurrency market expands regularly which enables investors to grow their investment choices. The cryptocurrency space includes multiple digital assets but Litecoin (LTC) although Ripple (XRP) to Dogecoin (DOGE) then Solana (SOL) demonstrate remarkable success through their outstanding performance. High-yield asset…
The cryptocurrency market is seeing some exciting developments as legal cases surrounding crypto firms have begun to be dropped. This shift in legal uncertainties could pave the way for new financial products like Exchange-Traded Funds (ETFs) and futures for these assets. Legal Battles Out of the Way Several SEC cases that once clouded the future of popular cryptocurrencies have been dropped, removing much of the uncertainty that loomed over assets like XRP, Solana, and Cardano. With these cases out of the way, questions about whether these coins are securities, as seen in cases with Robinhood, Coinbase, and Kraken, are now…
This is a segment from The Drop newsletter. To read full editions, subscribe. The Axie Infinity team has unveiled Axie Infinity: Atia’s Legacy, a game on Ronin set in the Axie world of Lunacia. In it, you can play with others and navigate your Axie around the fantasy world filled with treasure boxes, quests to complete, and little monsters to whack for XP. The game looks cute and dynamic, filled with different weather environments, diverse challenges, and the ability to swap Axies as you navigate through the world. The pop-up conversations look very similar to Animal Crossing, and the Axie-battling…
Vietnam’s Ministry of Finance is set to propose a legal framework for digital assets and cryptocurrencies this month. Part of this framework includes a pilot program for a state-licensed digital currency exchange, Deputy Minister Nguyen Duc Chi announced at a government press conference, according to local media. The move comes as Prime Minister Pham Minh Chinh has urged regulators to establish clear guidelines for managing digital assets. The Ministry of Finance and the State Bank of Vietnam are working on the framework, which aims to balance innovation with investor protection. You might also like: Why XRP will pump in 2025,…