Author: NBTC

A convicted crypto fraud case in the United States is back in focus after new estimates valued Sam Bankman-Fried’s former venture portfolio at nearly $100 billion. The figures point to early investments linked to FTX and Alameda Research that spread across major tech and crypto companies before the exchange collapsed in 2022. A Forbes report says that before FTX failed, Bankman-Fried used Alameda Research to invest in several fast-growing companies. His bets included Anthropic, Cursor, Robinhood, and Solana, along with indirect exposure to SpaceX through K5 Global. Besides crypto trading activity, Alameda also placed capital into early-stage tech firms. As…

The Siren ($SIREN) token plunged nearly 70% on Tuesday, reversing a rapid rally as onchain analysts warned that a small cluster of wallets may control a large share of the token’s supply. According to CoinGecko data, the token dropped nearly 70% from a high of $2.56 early Tuesday to a low of $0.79 on the same day. At the time of writing, Siren hovered around $1. The sell-off followed a steep run-up in $SIREN, a BNB Chain token marketed as an AI analyst agent. Analysts at Bubblemaps and the pseudonymous researcher EmberCN said Monday that wallet data suggested the token’s…

Crypto.com is moving beyond trading with a new crypto travel feature that brings bookings into the same app users already know. The launch adds cashback rewards, wider travel options, and a new way to use the exchange’s ecosystem. What Crypto.com Travel offers Powered by Bookit, the new service lets eligible users book hotels, flights, cruises, car rentals, and live experiences from inside the Crypto.com App. Moreover, Crypto.com says the platform includes more than one million global listings. The company is folding the product into its Level Up benefits program. That means subscribers can now connect real-world bookings with the rewards…

Blockchain protocols preparing for the quantum computing threat should also consider how to quickly verify ownership on the blockchain if funds are stolen, the development and research team behind the layer-1 $NEAR Protocol said. Concerns that quantum computers could eventually break blockchain cryptography have fueled worries about private keys and wallet security, but most of the conversation has focused on preventing such attacks. “We won’t be able to tell if someone running a transaction is the rightful owner of the asset or not,” Near One’s chief technology officer, Anton Astafiev, said on Wednesday, adding that blockchain protocols would be forced…

By Omkar Godbole (All times ET unless indicated otherwise) If macro worries tied to the Iran conflict weren’t enough, new research has revived what might be seen as an existential threat to bitcoin , quantum computing. A paper from Google suggests breaking the Bitcoin blockchain’s cryptography with quantum computers could require fewer than 500,000 qubits, a fraction of previous estimates. A separate paper by Caltech and quantum startup Oratomic suggests a system with around 26,000 qubits could break the encryption standard that secures the Bitcoin and Ethereum blockchains, in about 10 days. (“Qubits” are considered the processing power units of…

Jed Finn, Head of Asset Management at Morgan Stanley, made noteworthy assessments regarding the future of decentralized finance. Speaking at the Consensus 2026 conference, Finn stated that decentralized finance will be fully integrated into the traditional financial system within the next five years, and the term “DeFi” may eventually disappear. According to Finn, traditional financial institutions will increasingly adopt blockchain-based financial services and integrate them with existing financial infrastructures. He states that at the end of this process, DeFi will be seen not as a separate sector, but as a natural part of the financial world, adding, “Traditional finance will…

At the beginning of May there were decidedly positive inflows into spot Ethereum ETFs traded on traditional US exchanges. In fact, starting from the first of May there were four consecutive positive sessions, after four previous consecutive negative sessions. The amounts were also quite significant, although declining. Daily inflows into ETFs It started on Friday, May 1st with more than $100 million of daily inflows. The record of over $1 billion is very far away, but those $100 million are still the highest figure in recent weeks. On Monday, May 4th it had fallen to 61 million, but on Tuesday…

Nasdaq reached a new all-time high near 27,960 after one of its sharpest short-term rallies in recent years. Ash Crypto reported on X that the index has climbed 22.6% in five weeks and added more than $6 trillion in market value. The move kept attention on technology stocks as traders tracked momentum, earnings strength, and rate expectations. However, several market watchers said the index has entered a higher-risk zone after the fast breakout, even as short-term strength remains intact. Nasdaq Rally Reaches New High Ash Crypto said Nasdaq hit a fresh all-time high of 27,960 after a five-week surge. The…

A new legislative push in Missouri is proposing to place $XRP alongside major digital assets like Bitcoin, Ethereum, Solana, and $USDC in a state-managed reserve. The House Committee Substitute for HB 2080, sponsored by Representative Ben Keathley, has advanced with a “Do Pass” recommendation after clearing the Commerce Committee in a 6–2 vote. The bill proposes the creation of a crypto Strategic Reserve Fund. Key Points Missouri advances bill to include $XRP in a state-managed crypto reserve alongside Bitcoin and Ethereum. HB 2080 would allow the State Treasurer to buy, hold, and manage crypto assets for long-term strategy. The proposal…

Blockchain analytics provider Kaiko reported that Robinhood’s planned cryptocurrency listing of assets was caught up in a front-running incident. It is well known that Robinhood does not provide any notice prior to releasing the list of cryptocurrency assets. However, this time, Funding Rates started to rise days earlier, and Open Interest in multiple listings increased in the hours before each announcement. Furthermore, directional exposure was held by several Hyperliquid wallets just before the news was made public. Remarking on the same, Laurens Fraussen, research analyst at Kaiko, noted, Either informed traders have found a reliable way to front-run public information,…