Author: NBTC

A billion-dollar bank in the US is reportedly facing a potential class-action lawsuit for the second time in about three years over allegedly hammering customers with “crippling” overdraft fees. Customers LaNita Criswell and LaSheena Neal say Frost Bank’s history of imposing $35 overdraft fees on transactions that do not exceed account balances is in breach of contract and in violation of the Electronic Funds Transfer Act, reports the San Antonio Express-News. The plaintiffs say their proposed class-action lawsuit has at least 100 members seeking $5 million in damages from the billion-dollar lender. Criswell and Neal say that when a debit…

Anime-inspired role-playing game Kaidro has already made waves on Ethereum scaling network Ronin since announcing its plans to migrate in February. A buzzy free mint in March saw nearly 350,000 free NFTs claimed by Ronin wallets, while Kaidro’s first premium mint on Ronin this week sold out some 9,999 Spark Suit NFTs—with 2,400 of those going in a public sale in just 10 seconds—generating $2 million in the process and pushing Kaidro to become the third most-traded collection on the Mavis Market. Kaidro planned to launch on one of Immutable’s gaming-centric Ethereum scaling networks, as originally announced last year. However,…

cheqd, a pioneering startup focusing on empowering users and organizations with control and portability of their data, has announced major partnerships with Andromeda and Devolved AI. These partnerships aim to bolster the growth of Trusted Data economies, emphasizing user-centric approaches in areas like re-usable KYC in Web3 and preference data markets. Andromeda, a company dedicated to building an on-chain suite of products through its decentralized operating system aOS, aims to simplify Web3 interactions. The partnership with cheqd is a vital step for Andromeda in equipping developers with secure, user-controlled data solutions. On the other hand, Devolved AI is leading an…

In a recent and captivating series of posts on social media platform X (formerly known as Twitter), Pete Rizzo, a renowned figure in the cryptocurrency journalism landscape, shared a nuanced thread unraveling the often speculated association between Hal Finney and Satoshi Nakamoto, the elusive creator of Bitcoin. Rizzo’s analysis draws upon various pieces of evidence to thoughtfully challenge the notion that Finney, one of the earliest contributors to Bitcoin’s development, could be the real Satoshi. Pete Rizzo stands out as a distinguished figure in the cryptocurrency journalism and blockchain technology fields. With a career spanning several key roles, Rizzo has…

Coinbase has filed a so-called interlocutory appeal in federal court to challenge just a single legal point at the heart of its dispute with the U.S. Securities and Exchange Commission. The appeal is asking a higher court to review whether a digital asset transaction that poses no obligation to the original issuer of the asset should be considered an investment contract that would be regulated by the SEC. Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry’s fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal…

The Rusty Robot Country Club just launched the latest upgrade to the RRCC website and dApp suite that includes support for Wallet Connect. Introducing an integration that can facilitate multi-chain and omni-chain expansion in the near future. Wallet Connect allows multiple-wallets to connect to the RRCC website and interact with the numerous dApp tools such as Multimeter wallet portfolio, Breaker bulk burn, Transmitter bulk transfer, Rusty Raffle, and everything in between. The introduction of Wallet Connect is the first in a string of new upgrades and releases that will move the RRCC ecosystem to Multi-Chain and Omni-Chain capabilities, echoing in…

Next month, the Bitcoin network will undergo its fourth halving since its launch in 2009. In honor of that occasion, CoinDesk is publishing a month-long editorial package covering everything from Bitcoin’s changing cultural scene to the technical advancements being planned today. This column is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. It was previously published in The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. There’s a lot happening all at once in…

Source: Screenshot of video via Sen. Elizabeth Warren’s YouTube page Crypto-supportive litigator John Deaton is off to a strong start in his bid to displace Massachusetts Senator Elizabeth Warren from her place in Parliament – at least when it comes to fundraising. John Deaton’s Campaign Fundraising As reported by Eleanor Terret of Fox Business, the lawyer-turned-senate hopeful raised $1.36 million for his campaign Q1, compared to Warren’s $1.1 million. “According to his campaign, Deaton has received donations from prominent figures in the crypto industry such as Ripple execs Brad Garlinghouse, Chris Larsen, Cameron and Tyler Winklevoss, Charles Hoskinson, Jameson Lopp,…

Bitfarms announced on April 12 that it completed upgrades to its Bitcoin mining facilities in two locations, bringing its total hash rate to 7 EH/s. The company installed and activated over 5,000 T21 miners at two facilities in Québec, Canada. Bitfarms installed 3,168 T21s devices at its Garlock, Québec facility, plus 1,710 T21s and 100 M53S+ hydro miners at its Farnham, Québec site. The latest upgrades improve energy efficiency by about 51%. Geoff Morphy, President and CEO of Bitfarms, emphasized the benefit of efficiency, asserting the “transformative nature of [the] upgrade plan.” He noted that greater efficiency prepares the company…

The bridge uses Chainlink’s CCIP tech, which is used by SWIFT, to move a large value of tokens and critical messages safely across blockchains. Bridges serve a key role in connecting individual blockchains, but often are targets of exploits. At the start, Transporter is available for Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX. Data provider Chainlink (LINK) unveiled Thursday its blockchain bridge application called “Transporter,” which allows users to move crypto assets and data across multiple networks. Chainlink’s bridge is available for both individual users and institutions and aims to allow “a cost-efficient way to make high-value…