Author: NBTC

Jed McCaleb, a leading figure in the cryptocurrency world, has announced a remarkable investment plan in the field of artificial general intelligence (AGI) development. McCaleb plans to allocate $1 billion of his approximately $3.9 billion crypto fortune to developing an AGI system based on the workings of the human brain. This investment will be made through the Astera Institute, which McCaleb founded. This initiative will not be limited to artificial intelligence alone. McCaleb has pledged an additional $600 million to support research in the field of neuroscience. This move indicates a multidisciplinary approach to AGI development, aiming for a better…

Lawyers representing the US city of Detroit plan to file an amicus brief in Coinbase’s lawsuit against Michigan, which argues that federal regulators should have authority in overseeing prediction markets and not states. In a Thursday filing in the US District Court for the Eastern District of Michigan related to state officials’ motion for a preliminary injunction, District Judge Shalina Kumar approved an order which will allow Detroit to file a brief supporting state authorities in their lawsuit against Coinbase. Kumar gave Detroit’s lawyers until April 3 to make the filing as the lawsuit continues. Source: US District Court for…

Institutional demand is rapidly reshaping crypto trade execution as Binance’s OTC desk captures surging volume, signaling a decisive shift toward private liquidity channels and strategic positioning in bitcoin markets. Binance OTC Growth Reflects Rising Institutional Liquidity Demand Deepening institutional involvement is changing how large cryptocurrency transactions are executed across private liquidity venues. Binance, a global digital asset exchange, indicated its OTC desk is capturing a rapidly expanding share of trading activity as block trades and structured deals gain traction. Binance CEO Richard Teng posted on X on March 28: “In just two months of 2026, we’ve already hit 25% of…

Luxor Technology Corporation has unveiled Commander, a new fleet management and profitability optimization platform designed to give Bitcoin mining operators a unified control layer across their entire infrastructure. The Seattle-based Bitcoin mining software firm says Commander is built to consolidate fleet operations, energy management, and profitability optimization into a single system within its broader ecosystem, according to a note shared with Bitcoin Magazine. Luxor, which already manages more than 1 gigawatt of Bitcoin mining and data center compute, positions Commander as a major step toward what it calls a “full-stack mining infrastructure,” integrating mining pool services, firmware, energy tools, derivatives,…

The recent launch of a groundbreaking crypto-backed mortgage product has been (rather expectedly) lambasted by economist and financial commentator Peter Schiff. He has warned that the new financial vehicle will drive up costs for homebuyers and significantly increase the risk of default. “Crypto-backed mortgages increase the cost of buying homes. Not only must homebuyers pay interest on the home loans, but they also must pay interest on the crypto-backed second mortgages,” he said. Crypto mortgage mechanics The controversy centers on a newly-announced partnership between Better Home and Finance and crypto exchange Coinbase, which recently became the first crypto-backed mortgage product…

US Representatives Max Miller and Steven Horsford published a discussion draft bill on Thursday titled the ‘‘Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act’’ or the ‘‘Digital Asset PARITY Act,” to overhaul the tax code for digital assets. The Digital Asset PARITY Act seeks to overhaul the Internal Revenue Code of 1986 by adding provisions that would clarify the tax treatment of digital assets. The legislation said that stablecoins are not subject to gains if the cost basis, or the amount paid by the investor, does not fluctuate by more than 1% of $1 or $0.01, according to…

LF Labs has announced LF Pay, a Web3 payment solution built to clean up how digital currency transactions work within the LF ecosystem. The payment layer connects directly to the LF token, meaning real transaction activity drives token utility rather than leaving adoption and token value as separate conversations. More usage of LF Pay is designed to feed back into token liquidity and ecosystem strength from day one. 🚀 Introducing LF Pay: Revolutionizing Transactions in Web3! 🚀Get ready to experience a new era of seamless, efficient, and secure transactions with LF Pay! Designed to be the ultimate Web3 payment solution,…

In a significant move that captured immediate market attention, Bitcoin mining giant Riot Platforms reportedly executed a sale of 500 $BTC, valued at approximately $34.13 million, according to on-chain data from Lookonchain. This transaction, occurring just hours before publication, marks a continuation of a notable trend for the publicly traded miner and prompts a deeper analysis of strategic treasury management within the volatile cryptocurrency sector. The sale’s timing and scale offer a critical lens through which to examine the evolving financial strategies of industrial-scale Bitcoin producers, especially as the network approaches its next halving event. Riot Platforms $BTC Sale: A…

On Monday, March 23, President Trump announced a 5-Day pause on strikes against Iranian energy infrastructure. The decision added $1.7 trillion to US stocks, crashed oil prices by 15%, and sent Bitcoin above $70,000. That pause is now extended until April 6. But Tehran called these claims ‘fake news’, and Israel already violated Trump’s pause. Almost all of these financial gains vanished within a week. So, did Donald Trump actually have productive talks with Iran, or was it just a ploy to benefit financial markets and have big players cash out? BREAKING: The US is preparing for a potential ground…

Solana once dominated decentralized trading with unmatched speed and low fees. Traders flocked to its ecosystem during peak memecoin and DeFi cycles. That momentum now shows clear signs of cooling. Recent data reveals a sharp decline in Solana DEX volumes, raising concerns about sustainability. The network recorded just $55.5 billion in decentralized exchange activity. This marks its lowest level since September 2024. The drop triggered a steep 42 percent decline in network fees. Such a sharp contraction signals reduced user engagement and weakening trading demand. At the same time, Ethereum continues to build strength across its ecosystem. Its market share…