Author: NBTC

Whale Alert, the popular wallet tracker, has spotted significant transactions on Tether Treasury. In two recent posts, Whale Alert shared that 100 million USDT had been transferred from Bitfinex to Tether Treasury earlier today. 🚨 🚨 🚨 🚨 🚨 100,000,000 #USDT (100,008,750 USD) transferred from #Bitfinex to Tether Treasuryhttps://t.co/gtMvu4nUry — Whale Alert (@whale_alert) April 5, 2024 In a separate post, Whale Alert noted that the Tether Treasury also minted 1 billion USDT today. Responding to the latter, Tether CEO Paolo Ardoino noted that the recently minted assets represent an inventory replenishment on the Ethereum Network. According to Ardoino, the replenishment…

The Philippines’ Securities and Exchange Commission (SEC) is working to remove Binance-linked applications from app marketplaces. Apple and Google received separate requests on April 19. They were urged to remove the apps from their stores, according to a Tuesday announcement. “The SEC has identified [Binance] and concluded that the public’s continued access to these websites/apps poses a threat to the security of the funds of investing Filipinos,” SEC Chair Emilio Aquino said in the letters. Aquino noted that offering unregistered securities to Filipinos and acting as an unregistered broker violates Republic Act no. 8799, or The Securities Regulation Code. He…

The Remote Procedure Call (RPC) got the attention of investors recently, propelled by an issue on Solana’s network with dropped transactions. As reported by Crypto Briefing, one of the reasons behind this issue is RPC nodes getting overloaded with transactions. Modular infrastructure Lava Network core contributor Yair Cleper shared his insights with Crypto Briefing about the importance of RPC’s integrity, interoperability Crypto Briefing – What are RPCs and why are they important for a blockchain to thrive? Yair Cleper – In general, I can start by asking you what languages you speak. RPC is like the language of blockchains. The…

Bitcoin briefly touched $73,000 today before facing a correction and dropping below $72,000. The largest cryptocurrency is up nearly 50% this month and has set new weekly peaks. Several factors are driving BTC’s bullish rally. Earlier today, Thailand’s SEC gave asset management firms the green light to launch spot Bitcoin ETFs. At the same time, the London Stock Exchange announced that it will start accepting applications for Bitcoin exchange-traded notes (ETN) in the upcoming quarter. You might also like: JPMorgan’s Dimon says he will now ‘defend your right to buy Bitcoin’ The largest Bitcoin ETF issuer, Blackrock, also reached a…

Starknet appears to be facing its first major outage as no new blocks have been registered in the network over the past few hours. Starknet, a layer-2 solution for Ethereum valued at $8 billion, is apparently experiencing its first significant outage, with no new blocks registered on the network in the past several hours. According to data from Starkscan, the network ceased producing new blocks at around 8:57 (GMT+3), with no updates since then. Starknet’s block production | Source: Starkscan You might also like: Starknet to distribute 50m STRK tokens between early adopters While Starknet’s status page shows no reported…

As offshore markets diversify, Binance’s Bitcoin market share has declined to 55%, while Bybit emerged as a frontrunner with a surge from 2% to 9.3% Binance‘s dominance in Bitcoin trading outside the U.S. market appears to be shrinking, as its share dropped from 81.3% to 55.3% over the past year as the exchange faced increased competition following the removal of its large-scale Bitcoin zero-fee promotion. According to data from Kaiko, the same trend can also be observed with smaller altcoins, where Binance’s share declined from 58% to 50.5%. Altcoin market share of volume | Source: Kaik You might also like:…

The Algorand Foundation aims to empower a dynamic, borderless, inclusive global ecosystem. It announced the most awaited news of being appointed to the Advisory Board of the APPGBlock (All Party Parliamentary Group on Blockchain Technologies). The representatives of the Algorand Foundation include the company’s CEO, Staci Warden, and the Head of Education and Inclusion, Doro Unger-Lee. APPG’s work is crucial for providing a cross-disciplinary and holistic forum for the industry, parliamentarians, public services, and regulators to inform the policy and narrative debate related to blockchain technology and to devise legislation and frameworks that will allow the UK to survive in…

An investor has turned a modest investment of 30.3 SOL (approximately $5,300) into a massive 5,906.4 SOL (equating to $1.03 million), leveraging theblockchain platform. This represents a staggering 195-fold increase in their initial stake. The savvy trader’s strategy involved acquiring 261.27 million tokens of the digital asset $EPIK and selling off 231.27 million $EPIK for a return of 5,936.7 SOL ($1.04 million). This remarkable transaction underscores cryptocurrency markets‘ highly volatile and potentially lucrative nature. In just 1 day, this guy made 5,906.4 $SOL($1.03M) with only 30.3 $SOL($5.3K) on #Solana, a gain of 195x.He spent 30.3 $SOL($5.3K) to buy 261.27M $EPIK…

Crypto.com says it’s postponing a planned app launch in South Korea after reports of an on-site inspection of the exchange’s activities by local regulators. The inspection was over alleged failures to prevent money laundering, according to reports. Crypto.com says it maintains the “highest” anti-money laundering standards in the industry. Crypto.com said it’s postponing a planned launch in South Korea after local news outlet Segye Ilbo reported on Monday that the exchange platform was facing an “urgent on-site inspection” over money laundering concerns. The report said that South Korea’s Financial Intelligence Unit (FIU) under the Financial Services Commission had discovered “problems…

Etherisc, a leading decentralized insurance platform, has made a significant stride in improving interoperability within the blockchain ecosystem by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration spans across the Ethereum mainnet and Base, a layer-2 scaling solution built by Coinbase. Through Chainlink’s CCIP, Etherisc’s native token DIP now enjoys seamless and secure connectivity between the Ethereum network and the Base layer-2 network. The collaboration between Etherisc and Chainlink underscores the importance of reliable, tamper-proof on-chain data in decentralized insurance. Chainlink’s proven track record in providing secure and reliable data oracles has enabled Etherisc to develop its products in a…