Author: NBTC

In a dramatic turn of events, Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance, collapsed in court due to alleged ill health during his ongoing money laundering trial on May 23, as reported by Vanguard. The incident occurred at the Federal High Court in Abuja shortly after the case was called for continuation before Justice Emeka Nwite. Gambaryan, a U.S. citizen, and British-Kenyan national Nadeem Anjarwalla face charges of laundering over $35 million and engaging in specialized financial activities without a license. Both executives have pleaded not guilty. Detained Binance Executive Slumped During Trial The courtroom drama unfolded when…

OKX launches DYDX subscriptions on its On-chain Earn platform, starting from today. This move aims to provide users with effortless access to on-chain rewards.—The introduction of DYDX subscriptions on On-chain Earn brings forth several key features:No Subscription Limits: Users can stake DYDX tokens without encountering any subscription constraints, enabling greater flexibility in participation.Simplified Operational Steps: OKX has prioritized user experience by implementing simplified operational procedures, ensuring a hassle-free staking process.Real On-chain Annualized Earnings: Participants can look forward to tangible annualized earnings through their staked DYDX tokens on the On-chain Earn platform.To engage with DYDX on On-chain Earn, users are directed…

Nightly Wallet, a multi-chain crypto wallet, has recently announced an exclusive development. The platform has reportedly integrated the popular smart contract forum called Vara Network while endeavoring to improve asset management operations in its ecosystem. Vara Network disclosed the respective integration on its X account. Integration update👾@Nightly_app has integrated with #VaraNetwork!Nightly, a multichain wallet created to embrace the full potential of blockchain. It includes an extension & mobile wallet now working on VaraBuilt by experienced web3 degens, Nightly is now available on Vara pic.twitter.com/crGOdB3Ipj — Vara Network @BerlinBlockchainWeek (@VaraNetwork) May 22, 2024 Nightly Wallet Collaborate with Vara Network to Enhance…

Interest in the upcoming Bitcoin (BTC) halving has hit an all-time high, according to Google Trends, signaling intense curiosity and speculation within the cryptocurrency community. On April 14, 2024, searches for “Bitcoin halving” reached a popularity score of 100, the highest level of interest ever recorded by Google in Bitcoin’s 11-year history. This peak reflects the community’s heightened anticipation of the next halving event, a significant milestone that is expected to drastically alter Bitcoin’s supply dynamics. Despite a 37% drop in search interest since reaching its peak, current levels remain exceptionally high, still exceeding the activity recorded in late March…

The approval of spot ether exchange-traded funds (ETF) in the U.S. could lead to a significant rise in the token’s value, mirroring the market reaction seen with bitcoin ETFs. Bitcoin rose to over $73,000 from $42,000 in the two weeks after the ETF started trading on Jan. 11, CoinGecko data shows. The decision on the ether ETF is expected soon, with significant buying activity observed on both centralized and blockchain-based exchanges. Approval of spot ether (ETH) exchange-traded funds (ETF) in the U.S. could drive a rally of as much as 60% in the second-largest cryptocurrency in the coming months, QCP…

Chip-making tech behemoth Nvidia has announced its Q1 earnings, showing a record quarterly revenue of $26 billion, up by 5.5% of market expectations. The company has also confirmed that a ten-for-one forward stock split would be implemented by June 7, 2024. At the time of writing, the Nvidia stock ($NVDA) is up 2.6% after market close. On the crypto side, artificial intelligence-related tokens have seen notable gains, despite the muted performance of the broader digital asset market, with the exception of Ethereum’s recent gains. The uptick in AI token prices comes as investors prepared for the quarterly earnings report from…

In a move set to revolutionize blockchain data accessibility, ZettaBlock has expanded its Snowflake Data Share offering to include comprehensive Sui blockchain data. This integration follows the successful incorporation of Ethereum data into Snowflake. It underscores ZettaBlock’s dedication to providing developers and enterprises with seamless access to cutting-edge blockchain datasets. This integration has been announced today on the official x accounts of these firms. 👏 @ZettaBlock just launched a new integration that makes Sui data accessible through @SnowflakeDB!Check it out: https://t.co/iz0Zy2TCLE — Sui (@SuiNetwork) May 1, 2024 Snowflake Empowers Sui Network Ecosystem Innovation The Sui blockchain has emerged as a…

A Wells Fargo customer in California just filed a proposed class-action lawsuit accusing the bank of draining customers’ accounts in blatant violation of consumer protection laws. The plaintiff, piano teacher Helen Palma, alleges Wells Fargo unlawfully seized funds from her bank account after she fell behind on credit card payments, reports ClassAction.org. According to the filing, the bank won a judgement against Palma for outstanding credit card debt. But the lawsuit claims Wells Fargo then abruptly drained Palma’s checking and savings accounts without obtaining a required bank levy – allegedly violating state laws that require banks to give customers proper…

In a significant development for the blockchain industry, Oasis has announced a partnership with Apillon to enhance the Web3 ecosystem. This collaboration aims to simplify the onboarding process for users and provide robust security measures without compromising the user experience. Together, Oasis and Apillon are setting a new standard in non-custodial private key management by introducing an innovative Oasis Account Abstraction Wallet SDK. This toolkit is designed to be compatible across all EVM chains and beyond, marking a leap forward in blockchain technology accessibility. The challenge of introducing new users to Web3 technologies often involves navigating the complex landscape of…

The writings of Ludwig von Mises—the famed Austrian economist of the early 20th century and hero to the Bitcoin faithful—are surging in popularity following an endorsement from a popular MMA fighter. Renato “Money” Moicano became a top-ten UFC lightweight this weekend after his comeback win at UFC 300. Rather than call out his next opponent, the Brazilian fighter used his post-fight interview to urge the crowd to read Mises’s books. “If you care about your fucking country, read Ludwig von Mises and the Six Lessons of the Austrian Economic School, motherfuckers,” Moicano told the crowd. Aggressive. But it apparently struck…