Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Richard Heart claims SEC lawsuit infringes his free speech

HEX founder Richard Heart has finally filed his Motion to Dismiss in the Eastern District of New York. Heart has been preparing to write the document — probably the most important he has ever written — for years. The filing requests US District Court Judge Carol Bagley Amon to toss out the Securities and Exchange Commission’s (SEC) lawsuit against him and his three crypto projects: HEX, PulseChain, and PulseX. Heart (real name Richard Schueler) founded HEX — which currently sits 98% down from all-time highs — and is also behind blockchain token PLS and exchange token PLSX. These are both…

RegulationApr 11

Near Protocol and Cosmos Align with Octopus Network’s Adaptive IBC Vision

The blockchain world is on the cusp of a transformative era with Adaptive IBC (Inter-Blockchain Communication), a technology that could unify the currently fragmented blockchain ecosystem. Spearheading this initiative is the Octopus Network, a multi-chain network creating waves with its application chains, or appchains, developed around the NEAR Protocol. Octopus Network: A Visionary Approach to Blockchain Interoperability At the heart of the Octopus Network lies a commitment to innovation and ease of use for blockchain developers. By utilizing the NEAR Protocol’s environment, Octopus Network is uniquely positioned to streamline the development process, allowing for out-of-box interoperability and simplified bootstrapping of…

BlockchainApr 11

466,000 BTC Bought at Key Bitcoin Demand Zone; Will This Halt Decline?

On-chain analytics firm IntoTheBlock has pointed out a key demand zone where Bitcoin (BTC) might find support amid its current declines. The largest digital asset, Bitcoin, fell as much as 10% on Tuesday, trading around $63,562 at the time of writing. Other big coins, like Ethereum, Solana and dog-themed cryptocurrencies such as Shiba Inu and Dogecoin were also experiencing losses. The $25 billion Grayscale Bitcoin Trust, or GBTC, experienced a $643 million outflow on Monday, the most since it transitioned into an ETF on January 11, according to Bloomberg. Previously, robust demand for nine new spot-Bitcoin ETFs that launched at…

BitcoinApr 11

Shytoshi Kusama Issues Crucial BONE Call on Shiba Inu Community: Details

The enigmatic leader of the Shiba Inu team known to the community under the alias Shytoshi Kusama has issued a crucial call on the SHIB army, urging them to vote for the Bone ShibaSwap (BONE) token as it stands a chance to be listed on the Binance Futures platform. I understand that not all countries can vote so #SHIBARMY if you can, DO IT. #BINANCE SHOW YOUR POWER!!!! https://t.co/8P8WgpclCN — Shytoshi Kusama™ (@ShytoshiKusama) March 9, 2024 Earlier this week, the world’s largest cryptocurrency trader Binance announced the launch of a new voting feature called Binance Futures Next, allowing the community…

AltcoinsApr 11

Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election

Bipartisan senators called for a new regulatory framework for the crypto industry during a Senate Banking Committee meeting on Tuesday. Republican Senator Thom Tillis (R-N.C.) stressed that a "light" regulatory framework is needed to both prevent illicit crypto financing and help the industry grow. Deputy Treasury Secretary Wally Adeyemo is asking Congress for increased powers to go after crypto crime. U.S. Senator Thom Tillis (R-N.C.) said on Tuesday that the crypto industry needs a “light” regulatory framework put in place to both combat risks – including another FTX-like collapse and illicit terrorism financing – and create a “hospitable environment” in…

RegulationApr 11

Integrating Sui Network Into Crypto Trading Data Suite

Birdeye, the analytics powerhouse for crypto trading data, has now incorporated the Sui Network into its expansive coverage portfolio, joining forces with and other pivotal EVM chains. With this strategic move, Birdeye not only ventures into fresh territory but also introduces its vast clientele to one of the most promising networks in the blockchain domain. Charting New Horizons with Sui Sui, a Layer-1 blockchain recognized for its swift transaction capabilities and scalability, aligns seamlessly with Birdeye’s mission to deliver robust and comprehensive data analytics. The decision to embrace Sui stems from its growing prominence in the blockchain community, as evidenced…

BlockchainApr 11

Major Bullish Bitcoin Statement Made by Max Keiser – 'Hard Floor and No Top'

Bitcoin maximalist and financial journalist Max Keiser has issued a bullish statement on Bitcoin, referring to a massive Bitcoin purchase made by MicroStrategy today. Keiser referred to this as “Bitcoin’s PPT” striking again. The first case of this “PPT striking” was reported by Keiser earlier today. 'Bitcoin Plunge Protection Team' strikes Max Keiser cited the tweet of BTC evangelist Michael Saylor who spread the word today about his company MicroStrategy taking another step into the Bitcoin realm and bringing a new big BTC lump from there into its cold wallets. The news of MicroStrategy purchasing another big Bitcoin chunk made…

BitcoinApr 11

Is the Sam Bankman-Fried Story Over?

Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts. 25 Years Former crypto king Sam Bankman-Fried was sentenced to 25 years in prison last month. Just like during last year's trial, CoinDesk journalists were in attendance. The sentencing hearing took 1 hour and 59 minutes. In that time, we heard from Judge Lewis Kaplan, defense attorney Marc Mukasey, Assistant U.S. Attorney Nicholas Roos, an FTX creditor, an attorney representing other FTX creditors and Bankman-Fried himself. In some respects, the hearing was a final chance for everyone – the judge exorcized some demons…

RegulationApr 11

Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies

South Korea’s elections take place today and the outcome of who comes out tops will play a crucial role in influencing the regulatory environment for the crypto industry. The two main political parties in South Korea are the Democratic Party of Korea (DPK) and the People Power Party (PPP) – since December 2022, the Democratic Party has been the largest in South Korea with around 4.85 million party members. Back then crypto was also high on the agenda for presidential candidates in the 2022 South Korean election. Today South Koreans will be voting for a new parliament, in the midterm…

RegulationApr 11

POKT Network expands access to blockchain data with launch of three new gateways

POKT Network has expanded its decentralized infrastructure by launching three new Gateways in partnership with Developer DAO, Porters (backed by Raid Guild), and Chainstack. The latest development aims to offer developers enhanced access to over 60 blockchains, reinforcing POKT Network’s strategy to extend API accessibility across the web through its Universal RPC Base Layer. According to a press release shared with Crypto.news, the addition of these Gateways represents a pivotal development for POKT Network and its ecosystem to offer dependable and cost-efficient data access solutions, aiding developers and enterprises in enhancing application quality and user experience. Dermot O’Riordan, Director at…

BlockchainApr 11