Author: NBTC

In a significant move, a colossal sum of 50 million XRP tokens was mysteriously withdrawn from Binance, the world’s leading crypto exchange. This withdrawal is part of a broader trend of XRP whale activity observed in the last 24 hours, which has seen a surge in large transactions involving the crypto asset. Crypto data tracker Whale Alert reports a massive 50 million XRP being shifted from Binance to unknown wallets in two transactions. A total of 24,887,349 XRP worth $13,076,779 and 25,371,334 XRP worth $13,365,853 were transferred from Binance to unknown wallets in two separate transactions. 🚨 24,887,349 #XRP (13,076,779…

U.S. District Court Judge Amy Berman Jackson is allowing U.S. the Securities and Exchange Commission’s (SEC) lawsuit against Binance to proceed. However, Judge Jackson also dismissed certain charges in the case. The SEC accuses Binance of offering unregistered broker, trading, and clearing services for digital asset securities in the U.S. In its ruling, the court upheld charges related to Binance’s initial coin offering (ICO), ongoing sales for BNB, BNB Vault, and staking services, as well as allegations of failure to register and fraud. But Jackson also granted Binance’s motion to dismiss charges concerning secondary sales of BNB and Simple Earn.…

Ethereum gaming platform Immutable announced Tuesday that it has partnered with Marblex, the blockchain gaming arm of South Korean gaming giant Netmarble, with the parties collaborating to migrate the Marblex ecosystem and its top games to Immutable zkEVM. Ni no Kuni: Cross Worlds, A3: Still Alive, and Meta World: My City will migrate from layer-1 Klaytn blockchain to Ethereum layer-2 network Immutable zkEVM, which is powered by Polygon’s zkEVM scaling tech. “This is one of the most significant partnerships we’ve made to date,” said Immutable co-founder and President Robbie Ferguson, in a release. “South Korea is an exciting hub of…

On June 30, the Ethereum network recorded its lowest fees since 2016. According to data provided by Etherscan, the average gas fee is currently sitting at just 3 Gwei ($0.14), according to data provided by Dune Analytics. Gas fees refer to the cost of various operations on the Ethereum blockchain. By paying gas fees, users help to ensure the security of the network. Apart from incentivizing validators, gas fees are also meant to prevent various spam attacks. During the 2021 bull run, Ethereum’s gas fees were exorbitantly high due to high demand in the non-fungible sector (NFT). This prompted some…

Meme coins deployed on Base rose by 13% over the past 24 hours and are the crypto sector with the highest price leap in this period, according to data aggregator CoinGecko. This is also the sector with the best performance over the past seven days, posting an upside of nearly 52%. The Degen POV (POV) token is the major force driving Base meme coins’ rise, soaring 84.5% in the last 24 hours and over 200% over the last week. Moreover, Base’s famous blue cat Brett (BRETT) is up almost 28% in the daily timeframe. The blue dinosaur Broge has been…

Coin98 Super Wallet has announced its integration with Mint Blockchain, a Layer 2 solution crafted specifically for the burgeoning NFT market. This strategic alliance is poised to significantly enhance the utility and accessibility of NFTs within the Coin98 ecosystem, offering a robust platform for artists and collectors alike. Mint Blockchain distinguishes itself by focusing exclusively on NFT innovations and broader application use cases. Developed on the OP Stack, this Layer 2 network is engineered to push the boundaries of NFT technology, promoting its application across diverse sectors including gaming, digital arts, sports, and real-world asset tokenization. By streamlining the NFT…

Bitcoin (BTC) has seen a notable uptrend this week, propelling the asset’s value to $67,000 as it aims for a new all-time high following a challenging start to May. One prevailing market sentiment suggests that Bitcoin’s next record-high target is $100,000, with speculation mounting that the milestone might be attained during the projected post-halving rally. In line with this sentiment, trading expert TradingShot shared insights in a TradingView post on May 18, drawing from Bitcoin’s technical indicators to outline the potential factors that could drive the asset to $100,000 and a possible timeline. TradingShot’s analysis centered around the inverse head…

At the ongoing Money 20/20 Europe 2024 event held in Amsterdam, Ripple President Monica Long shared insights into the company’s latest momentum and strategic initiatives. Speaking with CNBC’s Arjun Kharpal, Long highlighted the growing demand for real-world asset (RWA) tokenization among Ripple’s custody customers and the company’s entry into the stablecoin market. Great catching up w/ @ArjunKharpal in beautiful Amsterdam on recent @Ripple momentum, including growing demand for RWA tokenization from our custody customers & our entry to the stablecoin market. 👀Looking fwd to continuing this convo on stage tomorrow at @money2020! https://t.co/NnuNotVg4k — Monica Long (@MonicaLongSF) June 5, 2024…

VanarChain has announced a strategic partnership with CeffuGlobal, Binance’s trusted custody partner, marking a significant milestone in its journey. This collaboration aims to enhance $VANRY’s institutional security and asset management, focusing on providing advanced blockchain solutions to global hedge funds. 📢 ECOSYSTEM EXPANSION ALERT 📢Today marks a significant milestone for @VanarChain as we welcome @CeffuGlobal, the trusted custody partner of Binance. With Ceffu, we’re enhancing $VANRY’s institutional security and asset management, bringing blockchain to global hedge funds.… https://t.co/hYTe06Cu5S pic.twitter.com/VMzvNSaoFD — Vanar (@Vanarchain) June 25, 2024 Enhancing RWA Onboarding The partnership is set to simplify the onboarding process for VanarChain’s RWA…

Bitcoin (BTC) network activity has shown a significant downward trend in the creation of new addresses, reaching its lowest level since July 2018. Data from market intelligence platform IntoTheBlock reveals a 7-day average of only 276,000 new addresses. This decline suggests fewer new investors are entering the cryptocurrency space. The “New Addresses” indicator monitors the daily creation of new addresses on the BTC network. When this metric is high, it typically indicates an influx of new investors. However, returning investors and holders creating multiple wallets for privacy can also increase this number. Overall, these factors contribute to some level of…