Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
The US Securities and Exchange Commission (SEC) filed a lawsuit against famous short investor Andrew Left and his company Citron Research for stock manipulation. The SEC alleges that Andrew Left and Citron Research committed fraud and made illegal profits. The SEC charged famed short trader Andrew Left with fraud, arguing that he and his company, Citron Research, routinely made exaggerated or misleading statements about relevant stocks. Citron Research announced in a recent X post that they were short on Gamestop (GME) stock. SEC made the following statements in its statement: “The Securities and Exchange Commission today filed suit against short…
Sui Bridge enhances cross-chain integration and interoperability for Sui Network. Sui Foundation integrates AWS Blockchain Node Runners to improve Sui infrastructure. Sui Bridge has experienced substantial growth in recent months. This advancement not only broadens the reach of Sui-based apps, but it also provides stronger connectivity with the larger blockchain ecosystem. It has four major components: the bridge committee or node network, smart contracts, the full nodes that run on Ethereum and Sui, and the bridge client. Have you tried Sui Bridge on Testnet? Never even *heard* of Sui’s native bridge? Whatever your experience with the protocol, the moment is…
BNB Chain has announced the official launch of OpenLiquidity. This innovative feature enables users to maximize the value of their locked liquidity tokens. With OpenLiquidity, it is now possible to trade locked liquidity of decentralized exchange (DEX) tokens. In addition to this, it is also possible to engage in lending and borrowing activities using liquidity pool (LP) tokens as collateral. We’re excited to see @open_liquidity now live on BNB! 🙌Open Liquidity allows you to do more with your locked liquidity tokens. Check out their post below for more 👇 https://t.co/J9FX50QyGd — BNB Chain (@BNBCHAIN) July 27, 2024 OpenLiquidity Launches, Offering…
Spot Ethereum exchange-traded funds (ETFs) are set to launch on July 23rd, and the initial inflows to these products might affect the crypto price, according to a report by Kaiko. Following SEC approval of exchange rule changes for these funds, ETF issuers have finalized details with the SEC, including fee structures revealed in recent S-1 filings. “The launch of the futures-based ETH ETFs in the US late last year was met with underwhelming demand, all eyes are on the spot ETFs’ launch with high hopes on quick asset accumulation,” stated Will Cai, head of indices at Kaiko. “Although a full…
In a recent discussion on CNBC’s Squawk Box, Anthony Scaramucci, founder of SkyBridge Capital, emphasized the importance of bipartisan support for Bitcoin and crypto regulation. Scaramucci highlighted the urgency of bipartisan cooperation in shaping crypto policies. “We need to make Bitcoin and the regulation around blockchain and cryptocurrency bipartisan,” he said. He and prominent figures like Mark Cuban and Michael Novogratz have been in discussions with White House officials to convey the risks associated with what he termed as the “Gary Gensler, Elizabeth Warren, anti-crypto approach.” The SkyBridge Capital founder pointed out that recent market movements were influenced by substantial…
AgriDex has settled its first agricultural trade on the Solana blockchain. It facilitated the shipment of two hundred bottles of extra virgin olive oil and multiple cases of wine from a farm and vineyards in South Africa to London. AgriDex, a Solana-based marketplace aiming to bring the global agricultural market on-chain by tokenizing various crops has settled its first agricultural trade on the Solana blockchain, it told CoinDesk on Wednesday. The settlement, which involves the shipment of over two hundred bottles of extra virgin olive oil and multiple cases of wine from a farm and vineyards in South Africa to…
A dormant Ethereum address containing 977 ETH tokens was activated for the first time in nine years, according to Whale Alert. The activation comes on the cusp of the much-anticipated launch of multiple spot Ethereum exchange-traded funds (ETFs) in the United States. According to prominent ETF analyst James Seyffart, these products are expected to go live on July 23. “We expect them to begin trading tomorrow. That means we should see a bunch of filings on the SEC site today that say the ETFs’ prospectuses have gone “effective”. Likely after or around market close,” Seyffart said in a social media…
Caldera, a popular platform specializing in developing customizable, application-specific, and high-performance L2 blockchains, has announced a funding round. Caldera disclosed that the Series A funding round of $15M worth, under the lead of Founders Fund, focuses on the development of the Metalayer. The company took to its official social media account on X to provide the details of the respective endeavor. We’re excited to announce our $15M Series A led by @foundersfund to build the Metalayer, the end game for Ethereum rollups 🌋This round brings our total funding to $25M and will help us advance our goal of making Ethereum…
The world of decentralized finance is continually evolving, and the recent integration of USDY into the Cosmos ecosystem marks a significant advancement. This strategic move by Ondo to make USDY available on Noble, a critical routing hub within the Cosmos network, signifies a major leap towards widespread adoption and enhanced utility of stablecoin yields. 📢 Attention @cosmos builders: $USDY, our market-leading yieldcoin, is now live on @noble_xyz mainnet, making it accessible to the 90+ chains in the @cosmos ecosystem.🤝 This launch introduces the first tokenized treasuries product to the Cosmos ecosystem. A number of high… pic.twitter.com/LwNGqVxAkh — Ondo Finance (@OndoFinance)…
Brad Garlinghouse advises Kamala Harris to avoid anti-crypto politicians for 2024 success. Harris declined to speak at the Bitcoin Conference, sparking debates on her crypto stance. Crypto policies may influence voter preferences in the 2024 presidential elections. Ripple Labs CEO Brad Garlinghouse recently addressed U.S. Vice President Kamala Harris regarding the attitude of certain lawmakers towards cryptocurrencies. In a statement triggered by a comment from U.S. Representative Brad Sherman, who mockingly referred to Bitcoin as “Skibidi,” Garlinghouse suggested that Harris distance herself from anti-crypto figures. This advice comes from President Joe Biden’s endorsement of Harris for the Democratic nomination in…