Author: NBTC

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…

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: The Senate questioned four Biden nominees up for agency roles. Crypto got a mention, albeit a small one. Crypto stock performance was mixed this week. We unpack why. We made it to the end of another busy week. Read on for our recap. Senate seems poised to push Biden nominations through Fortunately…

Binance, the world’s largest crypto exchange by 24-hour trading volume, shares a cryptic message that got members of the Shiba Inu community anticipating Shibarium support. The image, captioned “pawsitively prepped for the next chapter!” featured a dog staring at two oranges placed on a traveling luggage. The Binance tweet triggered speculations among Shiba Inu community members, who attempted to decode its meaning. Possible Shibarium Support According to some SHIB enthusiasts, the cryptic message suggests that Binance could be planning to support Shiba Inu’s Layer-2 scaling solution, Shibarium. Binance potentially supports Shibarium and would enable users to deposit and withdraw assets…

Based on the formation in the daily chart, Bitcoin is at a critical point, price-wise. As the battle between bulls and bears progresses, it is clear that sellers have the upper hand for now despite the recent price stability. BTC Prices At A Crucial Price Level: Will Bulls Take Over? As BTC bulls attempt to reverse losses posted last week, one analyst, citing technical candlestick formation and the reaction at the 200-day moving average, thinks how prices react for now will be consequential in the coming days. In a post on X, the analyst noted that the coin dipped and…

MANTRA Chain is a Layer 1 blockchain within the MATRA OMniverse ecosystem. Leveraging the Cosmos SDK, it creates a secure and transparent marketplace for encrypting, investing, and trading real-world assets. It’s a secure Blockchain Layer 1 using BFT protocol tech like Tendermint, meeting all regulatory requirements for Web3 app development without legal hurdles. Table Of Contents What is MANTRA? Main Feature of MANTRA MANTRA OMniverse Tokenomics and Use Case Team and Investors Roadmap Conclusion FAQs What is MANTRA? MANTRA Review: What is MANTRA? MANTRA Chain is the Layer 1 blockchain of MANTRA OMniverse. The tokenization of both digital and real-world…

Several federal agencies, including the Federal Bureau of Investigation (FBI) and the U.S. Securities and Exchange Commission (SEC), convened at a Fraud Disruption Conference to combat crypto scams, particularly the “pig butchering” fraud that siphons billions from Americans annually. The meeting brought together over 300 officials from 15 federal agencies to strategize against this pervasive scam, focusing on prevention tactics, technological disruption, and collaborative enforcement efforts. CFTC and DOJ Hold Inaugural Conference to Tackle ‘Pig Butchering’ Crypto Fraud The Commodity Futures Trading Commission (CFTC) and the Department of Justice’s (DOJ) National Cryptocurrency Enforcement Team (NCET) held their inaugural Fraud Disruption…