Author: NBTC

Shiba Inu has secured another significant collaboration, teaming up with the Content Delivery and Security Association (CDSA) to address AI-driven content challenges through Shibarium. The Shiba Inu ecosystem team disclosed this latest move via an official blog post yesterday, April 11. Shiba Inu’s marketing specialist, Lucie, called attention to the development in a recent post on X. Shiba Inu Joins CDSA, to Explore Use of Blockchain Tech In Media and Entertainment Industry – Daily Shib https://t.co/ETDooU55Gs — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼‍♀️ (@LucieSHIB) April 11, 2024 CDSA and Shiba Inu aim to leverage blockchain’s security measures within the media and entertainment…

Venezuelan prosecutors say they have arrested former Vice President Tareck El Aissami, the alleged “ringleader” of a “crypto plot” to embezzle money from state oil sales. El Aissami had been on the run from Venezuelan law enforcers for around a year after allegedly converting cash “into cryptocurrencies.” Prosecutors think El Aissami and other senior government officials “moved coins” onto the Kraken crypto exchange after converting them elsewhere. Venezuelan Prosecutors Catch ‘PDVSA-Crypto Ringleader’ The high-profile case has become known as the “PDVSA-crypto corruption incident” in Venezuela. It saw President Nicolás Maduro’s government raid dozens of government agencies and ministries last year.…

Recent transaction data indicates that El Salvador may be escalating its strategy to accumulate Bitcoin, the digital gold of the 21st century. A cold wallet, identified as associated with El Salvador, received a transfer of 1 BTC from cryptocurrency exchange Bitfinex. Bitfinex is recognized for serving large institutional buyers on the cryptocurrency market, which suggests that the nation is continuously reinforcing its Bitcoin reserves. El Salvador has been at the forefront of national Bitcoin adoption, consistently purchasing the cryptocurrency and integrating it into its economic framework. The latest transaction hints at a potential increase in the pace of acquisition. This…

Hong Kong could approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds early as Monday, Bloomberg reported, citing two people familiar with the matter. If listing details are worked out in time with Hong Kong Exchanges & Clearing, the products could be launched by the end of the month, the report said. Harvest Global Investments, a major asset-management company in China, which was reportedly the first to apply for a spot bitcoin exchange-traded fund (ETF), and a product by Bosera Asset Management (International) Co. and HashKey Capital, could be the first to get approvals. Hong Kong approval of the ETF…

The hype surrounding the upcoming Runes protocol saw Bitcoin meme coin PUPS jump some 50% in the past 24 hours as traders look to bet on Bitcoin-adjacent tokens and networks ahead of the halving. The meme coin was trading over $66 as of Asian afternoon hours with a $516 million market capitalization, making it the third-largest Bitcoin-based token behind ordi (ORDI) and sats (SATS). The PUPS collection led global sales and volumes among all NFT collections, Cryptoslam data shows, with over $11 million in volumes. Uncategorized Bitcoin Ordinals collections and NodeMonkes were next with $7 million and $1 million in…

Uniswap Labs, the creator of the Uniswap decentralized exchange (DEX) protocol and the issuer of the UNI token, was hit on Wednesday with a Wells notice by the US Securities and Exchange Commission (SEC) and vowed to fight back. A Wells notice is a notification from regulators to an individual or company that an investigation on them has been completed, infractions have been discovered, and they are about to take legal action. Why Did Uniswap Receive a Wells Notice? News first broke that the SEC was investigating Uniswap last summer. Now that the Wells notice is here, Uniswap Labs is…

Although Bitcoin (BTC) has started the week on a positive note, recovering from the recent losses that followed its new all-time high (ATH), the maiden cryptocurrency is inching closer to a major ‘danger zone’ in which it has historically started to make its pre-halving retraces. Specifically, Bitcoin has traditionally performed pre-halving retraces in the period between 14 and 28 days before its halving event, with a 40% retrace in 2016 and a 20% one in 2016, according to the observations shared by crypto trading expert Rekt Capital in an X poston March 17. Highway to the danger zone In other…

Layer-1 blockchain Berachain has successfully secured $100 million in a Series B funding round co-led by Brevan Howard Digital’s Abu Dhabi branch and Framework Ventures, as reported by Bloomberg. Polychain Capital, Hack VC, and Tribe Capital also participated in the funding round, which is a SAFT, a simple agreement for future tokens, and had an amount approximately 45% larger than initial reports predicted. “We see this raise as a major validation of our approach to building a blockchain that’s built on feedback from real users and developers, and driving value to those groups who are actually contributing to the network’s…

In an unexpected turn of events, half a billion XRP tokens were unlocked from unknown escrow accounts earlier today, according to data from Whale Alert. This departure from the usual monthly unlocking of Ripple accounts has left the community buzzing with speculation. The unlocking occurred in two stages, with 200 million XRP initially released, equivalent to $122.64 million, followed by an additional 300 million XRP, valued at $183.89 million. Notably, both transactions originated from the “rDqGA” address, which has been linked to Ripple since 2017, though it had remained dormant since 2021, per Bithomp records. 🔓 🔓 🔓 🔓 🔓…

The crypto industry is rallying behind Uniswap, a leading decentralized exchange (DEX), after the US Securities and Exchange Commission (SEC) issued the platform a Wells notice. The notice signals a potential enforcement action, escalating regulatory tensions within the fast-growing decentralized finance (DeFi) sector. Industry Titans Stand United; Uniswap Shows Resilience Prominent figures, including Coinbase CEO Brian Armstrong and Haun Ventures CEO Kathryn Haun, have publicly backed Uniswap. They expressed criticisms of the SEC’s approach. Armstrong emphasizes the importance of unity in the crypto sector during the upcoming November election. He also promoted Stand With Crypto, an organization pushing for clear…