Author: NBTC

In a strategic move to enhance accessibility and streamline user experience within the rapidly expanding Web3 sports gaming landscape, Alchemy Pay has unveiled a pivotal partnership with TOPGOAL, a pioneering AI-powered sports gaming ecosystem. This collaboration aims to revolutionize the acquisition of digital assets within TOPGOAL’s innovative platform, particularly its native token $GOAL, facilitating seamless integration and effortless token purchases for users. The cornerstone of this partnership lies in the integration of Alchemy Pay’s ramp directly into TOPGOAL’s web portal. This integration empowers users with the convenience of acquiring $GOAL tokens through their preferred fiat payment methods, thus eliminating the…

The SEC approved Ethereum ETFs through delegated authority, a decision that could significantly impact the crypto market. Unlike the Bitcoin ETF approval in January, which required an SEC vote, this approval did not undergo a public voting process by commissioners. This method of approval, as noted by James Seyffart, means any commissioner, such as Crenshaw, can request a review, though it would not alter the decision. The lack of a public vote has raised questions about the political forces within the SEC. Seyffart highlights that while delegated authority is the norm for many decisions, the lack of transparency in this…

Elwood is in talks to sell part of the business, focusing more on the portfolio management and risk management services and less on the trading side, according to sources. The current reorganization of hedge fund manager Alan Howard’s portfolio of crypto investments has resulted in changes at Elwood, a source told CoinDesk. Elwood Technologies, the cryptocurrency-focused trade execution and risk management platform backed by billionaire hedge fund manager Alan Howard, is in talks to sell part of the business, according to four people with knowledge of the situation. Elwood has re-evaluated its road map and is focusing on its existing…

The Shiba Inu (SHIB) community has announced a pivotal expansion strategy, aiming to broaden the horizons of its ecosystem. The move, unveiled by Shiba Inu’s marketing lead Lucie in a recent X post, sheds light on the imminent expansion of ShibaSwap, the DeFi platform synonymous with the Shiba Inu ecosystem, to both Ethereum and Shibarium chains. ShibaSwap, a cornerstone of the Shiba Inu ecosystem, is designed to amplify the utility and functionality of the SHIB token ecosystem. Offering a spectrum of services, including staking, liquidity pools and yield farming, ShibaSwap has been instrumental in enhancing the ecosystem’s vitality. The latest…

Thursday’s money laundering trial against Binance in Nigeria was postponed till June 20. Tigran Gambaryan, Binance’s compliance head, was seriously ill and needed medical attention. A Nigerian court on Thursday adjourned the money laundering trial against Binance and two of its executives to June 20 as one of the executives was ill, a family spokesperson for the executives told CoinDesk. Tigran Gambaryan, a U.S. citizen and Binance’s head of financial crimes compliance, was charged with both tax evasion and money laundering along with his employer. Gambaryan is “very ill and requires comprehensive medical attention,” his lawyer said in a letter…

Bitcoin recently experienced a flash crash, descending to just above the $61,000 mark. According to Peter Schiff, this price equates to approximately 26 ounces of gold. A famous Bitcoin critic Peter Schiff highlighted that at its peak two and a half years ago, one Bitcoin was equivalent to 37 ounces of gold. Schiff points out this 30% decrease as a clear sign of Bitcoin entering a bear market, at least when measured against the traditional safe-haven asset, gold. His past recommendations to choose gold over Bitcoin when the latter was trading below the $20,000 level have been met with criticism,…

Famous Australian rapper Iggy Azalea has joined the list of crypto-curious celebrities. “Who’s solana…? I don’t know that b***h,” the 33-year-old hip-hop artist posted on the X social media network. The post was met with mixed reception within the cryptocurrency community, with some social media users expressing concerns about potential top signals. Azalea came to prominence with her massive hit “Fancy” which was released in collaboration with British pop star Charli XCX. The song spent seven weeks atop the Billboard Hot 100 chart in the US. She went on to simultaneously occupy the two top slots on the main American…

Stripe, a leading financial infrastructure platform, has expanded its services to include support for the Avalanche C-Chain, according to a press release shared today. This development allows retail users to purchase AVAX, the native token of the Avalanche blockchain, directly through Stripe without the need for crypto exchanges. As noted in the press release, Avalanche’s native wallet, Core, developed by Ava Labs, has already integrated this new feature. Users can now fund their wallets using various payment methods, including ACH transfers, debit, and credit cards. Stripe noted that the Stripe onramp can be accessed through Core’s web extension or application.…

Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.” This led to the bank’s failure in July 2023, at a complete loss of equity for investors, the U.S. Attorney’s Office for the District of Kansas noted. Shan Hanes, 52, who served as the CEO of the bank, purportedly orchestrated crypto schemes to cover the bank’s losses. He was squandering away tens of millions of dollars in cryptocurrency, the court order noted. “Shan Hanes is a liar and a master manipulator who caused Heartland Tri-State Bank to…

In the wake of significant turbulence in the cryptocurrency market, Samson Mow, a well-known advocate of the “$1 million for Bitcoin” theory, has emerged with a clear and optimistic outlook on Bitcoin’s future. Following a sharp decline in the price of Bitcoin, triggered by geopolitical tensions, Mow’s confidence in the cryptocurrency remains unwavering. Despite recent losses, he maintains a bullish stance, expressing his conviction that Bitcoin holds strong potential for future growth. The recent market downturn saw Bitcoin losing nearly 14% of its value, reaching a low of $60,660, its lowest level in almost a month. Altcoins experienced even greater…