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Author: 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.

Bybit Adds Solana (SOL) Options to Its Trading Suite

In a significant development in the cryptocurrency trading sphere, Bybit, one of the global leaders in crypto exchange by volume, has announced the addition of Solana (SOL) options to its trading platform. This move positions Bybit as one of the pioneering venues to offer this innovative financial product, expanding its trading options beyond Bitcoin (BTC) and Ethereum (ETH). Starting today, traders on Bybit can engage with the Solana ecosystem in new and dynamic ways through SOL options. This addition is expected to open up a range of strategic trading opportunities, enhancing the trading experience while potentially increasing profitability for its…

Exchanges

BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M

BOB's ("Build on Bitcoin") aim is to roll out the first Bitcoin layer-2 network that's compatible with the Ethereum Virtual Machine (EVM) standard. The seed round was led by Castle Island Ventures. BOB, a hybrid layer-2 network – sitting atop the Bitcoin blockchain, but with Ethereum compatibility – has raised $10 million in seed funding. The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, along with angel investors Dan Held and Domo, creator of the BRC-20 token standard. BOB's aim is to roll out the first Bitcoin layer 2…

Markets

How To Send Money Anonymously in 2024?

Financial privacy is becoming more difficult to maintain than ever as we become increasingly dependent on online platforms for our everyday needs. However, there are ways to enhance your financial privacy when you want to make payments without disclosing your identity. In this article, we will show you how to send money anonymously using a variety of methods. We have primarily focused on cryptocurrencies, although we also provide a method for making traditional payments anonymously. How to send money anonymously? Below, we’re featuring four methods you can use to send money anonymously or make payments online without disclosing your identity.…

Exchanges

Crypto Miner Sells Data Center for $6.1M as Its Shares Plunge 55%

Although Bitcoin (BTC) has already gained nearly 70% in 2024, shares of Argo Blockchain, a cryptocurrency mining company publicly listed in London and the USA, are scraping the bottom, falling by 55%. The company's solution to some of its problems and shareholder discontent is selling its data center in Mirabel, Canada. The company's London branch (LSE: ARB) announced the finalization of this move on Thursday. At the same time, the miner issued over 460,000 new ordinary shares. The plan to sell a data center in the Quebec region was first announced almost two months ago. The transaction, which yielded a…

Mining

MyShell, Blockchain Platform For Building 'AI Girlfriends' and Productivity Apps, Raises $11M

MyShell, a Tokyo-based decentralized AI platform used to create "AI girlfriends," has raised $11 million in pre-series A funding for its AI app-building ecosystem. The investment, which brings MyShell's total funding to $16.6 million, was led by Dragonfly, with additional participation from Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital and OKX Ventures. The round also attracted support from individual investors such as crypto investor and thought leader Balaji Srinivasan, NEAR's Illia Polosukhin and Paradigm's Casey K. Caruso. MyShell pitches itself as an ecosystem for AI creators to develop and deploy applications. The new funds will be used to…

Markets

VNX launches first stablecoin pegged to Swiss franc

VNX, a company based in Liechtenstein, has issued the first stablecoin anchored to the Swiss Franc on the Stellar network. Moreover, at the launch of the new stablecoin VNX Swiss Franc (VCHF), it joins VNX Euro (VEUR), both accessible on the crypto-exchange BitStamp. VNX launches stablecoins on the Stellar network anchored to the Euro and the Swiss Franc VNX: the first stablecoin on the Stellar network anchored to the Swiss Franc OKX and the removal of the USDT stablecoin for users in Europe VNX launches stablecoins on the Stellar network anchored to the Euro and the Swiss Franc VNX, a…

Altcoins

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

MicroStrategy (MSTR) and Coinbase (COIN) have the most possibility of a short squeeze – or a rally spurred by short sellers getting out of their bearish bets – S3 Partners said in a report. The total short interest in crypto stocks is $10.7 billion, with MicroStrategy and Coinbase making up 84% of these bearish bets, the report added. The short sellers are piling into the crypto-linked stocks, wagering that they are primed to reverse their year-to-date jump in prices. However, the trade has become so crowded that it primed these stocks for a short squeeze, said data analytics firm S3…

Markets

How Aave Plans to Reward Loyalty and Outpace Rivals Through Merit Airdrop

In a strategic move to outmaneuver its rivals, Aave (AAVE) has launched “Merit,” a new reward program, on Tuesday at 18:00 UTC. This program is aimed at Aave’s most loyal users. Merit rewards actions beneficial to the Decentralized Autonomous Organization (DAO). This initiative focuses on genuine contributions rather than generic incentives. Aave Penalizes Engagement With Non-Aligned Products Through Merit Airdrop Merit went live, distributing 280 Wrapped Ethereum (WETH) to select borrowers. Furthermore, an airdrop for Aave’s stablecoin – GHO borrowers and stakers is on the horizon. The success of Merit is evident, with around 200,000 Ethereum (ETH) moving from other…

Altcoins

Nansen Reports $200 Million Exodus From Kucoin After DOJ Action

Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible chains. Ethereum and EVM Chains See $200 Million Outflow From Kucoin On a Tuesday, Damian Williams, the U.S. Attorney for the Southern District of New York, announced the indictment of Kucoin and its founders. U.S. authorities allege that Kucoin breached the Bank Secrecy Act and failed to implement requisite anti-money laundering measures. At 2:10 p.m. Eastern Time (ET) on…

Exchanges

BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering

BlackRock's first tokenized asset fund is off to a strong start, garnering a significant market share of the blockchain-based tokenized U.S. Treasury market just a week following its debut. Blockchain data shows that BlackRock's BUIDL raked in $245 million of deposits as of Wednesday. Its strong introduction propelled the fund into second place among peers, trailing only Franklin Templeton's Franklin OnChain U.S. Government Money Fund (FOBXX), which has $360 million of deposits, according to rwa.xyz data. BlackRock was the latest high-profile entrant to crypto's tokenization of real-world assets (RWA) boom, with digital asset firms and global banks such as HSBC,…

Markets