Author: NBTC

The U.S. government published an up-to-$5 million reward for information on OneCoin’s Ruja Ignatova. Ignatova disappeared in Athens in 2017 after her Ponzi scheme fell apart. The U.S. State Department is offering a $5 million bounty for information leading to the arrest or conviction of OneCoin founder Ruja Ignatova, the self-styled “Cryptoqueen,” who vanished in Athens in 2017. The new reward, announced Wednesday, is offered under the State Department’s Transnational Organized Crime Rewards Program, and boosts the previous reward of $250,000 offered by the Federal Bureau of Investigation (FBI). Ignatova was added to the FBI’s Most Wanted list in 2022.…

Cryptocurrency exchange Bitstamp announced that it will delist Tether’s EURT and other non-compliant stablecoins ahead of the European Union’s new Crypto Asset Markets (MiCA) regulations coming into force on June 30. Bitstamp Delists Tether’s Euro Stablecoin as MiCA Laws Go into Effect Fiat-backed stablecoins or e-money tokens that are not denominated in euros and do not comply with MiCA rules will face restrictions on some products but will not be delisted. The exchange will also refrain from listing or introducing new tokens that do not meet MiCA compliance standards. “We are communicating directly with a small portion of our customers…

A notable Bitcoin (BTC) transfer valued at $231.45 million has recently garnered significant attention. Whale Alert reported that an entity, identified by the address “bc1qc,” executed the transaction, transferring 3,250 BTC to Kraken, a major cryptocurrency exchange in the United States. Background on Sender’s Address The history of the sender’s address “bc1qc” reveals limited information. Its initial transaction occurred in March 2024, receiving 0.002 BTC from another unidentified and now empty wallet. A closer examination of the transaction chain shows a series of exchanges between various unknown addresses over several months. Market Implications This recent transaction represents a significant, but…

CryptoPunks topped CryptoSlam’s daily NFT chart on Tuesday with US$1.34 million in sales. This surge in sales was driven by six unique buyers and sellers, with an average price of US$224,950 per NFT. The collection’s performance pushed its all-time sales volume to US$2.85 billion, third in the industry behind Axie Infinity and Bored Ape Yacht Club. The second-ranking collection for the day was NodeMonkes, a Bitcoin collection that saw a total of US$881,042 in sales across 84 transactions, involving 72 unique buyers and 60 sellers. This performance marks an increase from the previous day’s sales of US$428,913. Coming in third,…

Binance has announced a significant transition for its United Arab Emirates (UAE) users. Following the receipt of a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), Binance will migrate all UAE resident accounts from its global platform to the locally regulated Binance FZE exchange (Binance Dubai). The transition process, set to begin today (Wednesday), will require UAE residents to update their Know Your Customer (KYC) information by December 15, 2024. Users will be contacted via email with instructions on submitting the necessary documentation. During the transition period, UAE users can continue to access their…

Synthetix, a trailblazer in decentralized finance, has unveiled a significant expansion of its operations on the Arbitrum network, marking a major milestone in its ongoing evolution. This strategic move is part of the broader Arbitrum Liquidity Incentive Program (LTIP), designed to bolster liquidity and trading activities on the platform. Scheduled to run for 12 weeks, until September 3rd, the initiative is backed by an impressive allocation of 2 million ARB tokens. The initiative, an ambitious one at that, seeks to supercharge liquidity provision & stablecoin adoption and hence also intends to optimize the Perpetual Contracts (Perps) trading environment in the…

Top crypto enthusiast Asiwaju Lerry highlights the prominence of certain meme-based tokens, like Shiba Inu (SHIB), in the current crypto ecosystem. Lerry emphasized that it is impossible to overlook Shiba Inu and three other memecoins, such as Dogecoin (DOGE), Floki (FLOKI), and Bonk (BONK). The expert mentioned that Shiba Inu has surpassed a billion-dollar market capitalization alongside these three canine-themed tokens. When considering the top memecoins in the current ecosystem, $FLOKI, $DOGE, $BONK, and $SHIB are impossible to overlook. These are the canine-themed coins that have successfully reached billion-dollar market caps. Make sure you’re taking note!#FLOKI — LERRY (@_AsiwajuLerry) June…

Stacks hits an all-time high with over 150 million STX locked in DeFi applications. Bitflow emerges as a key liquidity hub on Stacks with advanced trading features. DeFiLlama just revealed that over 150 million locked STX is the all-time high for Total Value Locked (TVL) in Stacks decentralized finance (DeFi) apps. This important turning point emphasizes how Stacks’ DeFi ecosystem is being adopted and trusted more and more. With Bitflow bringing several improvements based on the successful models from Ethereum’s DeFi protocols, the Bitcoin DeFi ecosystem is likewise experiencing ongoing innovation as the TVL keeps growing. We go into great…

Renowned international magazine Forbes recently published a critical report on XRP and Ripple Labs, describing both entities as good-for-nothing and zombie projects. Notably, the analysis concerned crypto projects with billion-dollar valuations, especially as Bitcoin has ushered in a buoyant market once again. However, it placed XRP and Ripple at the forefront of its examination. “Ripple Labs is Zombie” Forbes went into Ripple’s history, highlighting its ambition to establish a revolutionary global financial benchmark that would facilitate swift and cost-effective money transfers for banks. This vision garnered interest from numerous financial entities keen on trialing Ripple’s innovative network. Forbes claimed Ripple’s…

Bitcoin (BTC) has seen a remarkable recovery, breaking the $71,000 barrier for the first time in over a month. This upward movement is largely attributed to a surge in spot buying and interest in spot Bitcoin ETFs. As investors pour money into these newly approved funds, the market exhibits a strong bullish trend that could indicate the start of a more sustained bull market. BTC/USD 24-hour price chart (source: CoinMarketCap) However, despite the bullish rally, resistance at the intra-day high of $71,946 was stiff to breach. Despite that, at press time, BTC was bullish, trading at $71,061, a 5.89% surge…