Author: NBTC

Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit. “We believe justice prevailed on appeal, and we are delighted to move forward with this case in the Chancery Court,” said R. Brian Timmons, partner at Los Angeles-based law firm Quinn Emanuel, which is representing BitGo in this case. BitGo filed suit against Galaxy in August 2022, seeking $100 million in damages and alleging that Galaxy “intentionally” breached its May 2021 merger agreement when…

The following is a guest post by Kadan Stadelmann, the CTO of Komodo Blockchain. The US has undergone an immense consolidation of wealth and power in recent years. Americans everywhere are suffering while modern-day robber barons get fat off a 21st-century Gilded Age or roaring Twenties. Unlike the Gilded Age and 1920s, however, the 2020s offer a reprieve. Bitcoin serves as a timely solution for individuals and families to ensure they enjoy their piece of the American Dream. Americans Living In Silent Depression In the US, millions of people are living in a “silent depression.” For example, 35% of people…

Despite venture capital activity declining across the board, funding for Bitcoin startups more than quadrupled in 2023, according to a new report. Research from Trammell Venture Partners (TVP) shows that the number of Bitcoin-native pre-seed deals ballooned 360% last year, while the number of funded Bitcoin companies rose by 56.9%. VC Funding Explodes On Bitcoin As explained in TVP’s Friday report, a “Bitcoin native company” is a firm whose product’s success is mutually aligned with that of the Bitcoin network and which is founded on the principle that BTC is the “global monetary asset of the future.” That includes early-stage…

Cardano is witnessing a resurgence of whale interest, as large transactions on the network soar to an average of $13 billion a day over the last seven days. On-chain data from blockchain surveillance resource IntoTheBlock confirms this trend. IntoTheBlock took to X today to reveal that Cardano has commanded some of the largest daily transaction volumes over the last week, nearly competing with the premier cryptocurrency Bitcoin (BTC). ADA Sees $13B Daily Average Transaction Volume According to the disclosure, the volume of ADA transactions worth at least $100,000 has surged to a daily average of $13.84 billion in the past…

This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets constitute an “investment contract” and thereby fall under U.S. securities laws. Below is an in-depth exploration of the Howey Test and its application to crypto assets. Understanding the Howey Test If you’ve been keeping up with the enforcement actions issued by the U.S. Securities and Exchange Commission (SEC), you’re probably familiar with the Howey Test. Here is a concise overview of…

Hybrid, a popular EVM-compatible L1 blockchain integrating a Mixture of Expert agenda, has started an exclusive collaboration. As per the company, it has joined forces with Tilted (a BNB Chain-based marketplace and liquidity pool for in-game assets) for a better liquidity provision. The platform took to its official X account to provide the details of this mutual endeavor. Pleased to announce our strategic partnership with @tiltedxyz – incubated by Binance Labs.Tilted aims to become the leading liquidity pool and market maker for web2 digital assets. By tokenizing RWAs and implementing RWA NFTs, Tilted ensures secure ownership and trading of game……

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is down -5.06% today against the US Dollar Bitcoin is currently trading 13.24% below our prediction on Apr 19, 2024 Bitcoin dropped -5.76% in the last month and is up 111.59% since 1 year ago BTC price is expected to rise by 14.40% in…

Runecoin, a token etched using the new Bitcoin Runes protocol and associated with the prominent RSIC Metaprotocol Ordinals collection, hit a new all-time high price overnight after cryptocurrency exchange OKX announced plans to list the token. OKX will list Runecoin on Tuesday, April 30, following a 24-hour rewards campaign that lets customers earn a share of tokens by staking their Bitcoin (BTC) on the exchange’s platform. Runecoin will be the first Runes token listed by the centralized exchange, though OKX’s peer-to-peer “Web3 marketplace” already supports Runes token trades. Following the announcement, the price of Runecoin jumped to a new all-time…

Donald J. Trump tightened his recent embrace of crypto today, posting on social media “I am very positive and open minded to cryptocurrency companies and all things related to this new and burgeoning industry” as both sides in the upcoming presidential election appear to be seeking to win over pro-crypto voters. “Our country must be the leader in the field, there is no second place,” Trump posted on Truth Social prior to his address at the Libertarian National Convention in Washington, D.C., later today. Trump then took a shot at his rival: “Crooked Joe Biden, on the other hand, the…

HYPERCOMIC, a blockchain-all-in-one service forum, has recently announced an exclusive collaboration. As per the platform, it is joining forces with zkSwap Finance, a prominent decentralized exchange and swap-to-earn AMM on zkSync Era, to expand the Web3 world’s competitiveness with zkSync Era. The platform disclosed the respective development on its X account. 🤝 PARTNERSHIP ANNOUNCEMENT ✨@zkSwap_finance X @HYCO_Official ✨📚 Diving into the booming $82bn webtoon market, HYPERCOMIC is supported by a leading Korean companies. On #zkSync Era, HYPERCOMIC is famous with #ZK24 NFTs, and currently building ‘@PrompTale’, the first… pic.twitter.com/gm6PkMeOFj — zkSwap Finance (@zkSwap_finance) May 26, 2024 HYPERCOMIC Joins Forces with…