Author: NBTC

CZ, the founder of Binance, the world’s largest cryptocurrency exchange, made a new post about Ethereum and BNB via his X account. Admitting that he missed the Ethereum opportunity, CZ said that missing the ETH train pushed him to establish BNB and Binance. Responding to a post on X stating that CZ and Ethereum founder Vitalik Buterin are two important names that have promoted the success and global popularity of the cryptocurrency sector, CZ praised Buterin. “Crypto wouldn’t be what it is today without Vitalik’s contributions, smart contracts, ERC20, NFTs, SBT, L2 and so much more. “I’m just a regular…

A recent Ethereum transaction caught widespread attention after a user paid 58.76 ETH, valued at $129,139, as a fee to transfer 285.85 WETH. This unusually high fee, which occurred on March 4, has sparked discussions within the community about Ethereum’s transaction costs. Many users expressed frustration with the network, particularly in light of fluctuating gas fees, which had recently hit a five-year low before seeing an increase. High Fee Sparks Community Reactions Users on social media reacted strongly to the high transaction fee, questioning Ethereum’s efficiency and cost structure. Some users cited the network’s slow transaction speeds and high costs…

In two X posts published on March 2 and March 3, respectively, Tether CEO Paolo Ardonio shared his plan for solving the electricity hunger in Africa. What’s his plan, and why does Africa have a special meaning for Tether? Ardonio’s announcement On March 2, 2025, Ardonio took to X to tell about his vision of how to tackle the power crisis in Africa. He stated that 600 million Africans don’t have access to electricity and shared his vision of a possible solution. Ardonio suggested that there is a “plan underway.” He believes a network of kiosks with high-performance batteries and…

Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in a Feb. 24 tweet. Spot On Chain also revealed that that Circle had added 1 billion USD Coin (USDC) to Solana (SOL) in the past seven days. In January, Circle minted a total of 6 billion USDC on Solana. An additional 2 billion USDC was minted in February, bringing total issuance in 2025 to 8 billion USDC. Circle just minted…

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its ongoing enforcement lawsuit against American crypto exchange Kraken, according to a Monday announcement from the firm. The SEC sued Kraken in November 2023, accusing the exchange of commingling customer and corporate funds while operating as an unregistered securities broker, clearing agency and dealer. Instead of settling with the SEC, Kraken chose to fight the charges, and a federal judge ruled the agency had a plausible case and should go to trial. Now, pending approval from the SEC’s commissioners, Kraken says the charges will be dropped “with prejudice, with…

Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapore that would allow it to offer a “fully-integrated solution” including custody, over-the-counter trading, and settlement, including fiat on and off ramps. In a press release shared with crypto.news, Calvin Shen, CEO of Hex Technologies Pte. Ltd., said Singapore remains a “key market” for Hex Trust, adding that the milestone now allows the custodian to double down…

MetaHubGlobal, the world’s first decentralized affiliate consuming platform, has announced a strategic collaboration with Bee Network on its official X page. Bee Network, renowned for its working on blockchain innovation since 2020, will now leverage MetaHub’s platform to democratize user access to blockchain solutions, enhancing user experience. 🚀PARTNERSHIP ANNOUNCEMENT 🚀MetaHub x Bee Network🤝We are thrilled to unveil our latest collaboration with @Beenetworkintl🎉🐝 Bee Network has been a Pioneering #Web3 and #blockchain innovation since 2020, with over 300 #DApps incubated. Join our 30M+ user community and… pic.twitter.com/5JN4WDMcbs — MetaHub Global (@MetaHubGlobal) March 5, 2025 MetaHub and Bee Network’s History of Serving…

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Ethereum’s missing policy representation at the upcoming crypto policy summit in Washington has triggered concerns over its regulatory influence. Community members are pointing out that Ethereum needs dedicated lobbying efforts to present its interests in key policy making discussions. there’s 2 sides to this:1) we need someone with the credibility and backing of most of the Ethereum community to be in the room for key discussions with governments and corporations. this is not lobbying exactly, but it’s more focused on strategic representation explaining… https://t.co/x0q2InTEvN — DCinvestor (@iamDCinvestor) March 6, 2025 Ethereum’s Voice in DC Policy Debates Questioned Prominent voices in…

Chicago-based trading giant Jump is returning its U.S. cryptocurrency operations to full strength after scaling it back over the past couple of years due to regulatory scrutiny and uncertainty. While Jump has maintained its digital assets trading and market-making activity in other parts of the globe, crypto trading volume is now accelerating in the U.S., according to a person familiar with the situation. In addition, Jump is looking to hire a clutch of crypto engineers and plans to start filling U.S. policy and governmental liaison roles in due course, a second person said. The previous U.S. administration, aided and abetted…