Author: NBTC

Grayscale Investments has submitted a Form S-3 with the SEC to convert its existing Zcash Trust into a spot ETF, which would trade on NYSE Arca under the ticker ZCSH. If approved, it would be the first US spot ETF linked to a privacy coin. What Grayscale is actually proposing The company wants to convert its closed-end Zcash Trust, which manages over $200 million in assets, into an exchange-traded fund that holds actual $ZEC tokens. The ETF would track the CoinDesk Zcash Price Index, giving investors a regulated vehicle to gain exposure to $ZEC without dealing with wallets, exchanges, or…

A U.S. federal appeals court heard oral arguments on Thursday in the case of Roman Sterlingov, the founder of the now-defunct cryptocurrency mixing service Bitcoin Fog. The central question before the court is whether U.S. money transmission laws and the jurisdiction of Washington, D.C., can be applied to an internet-based service that operated primarily overseas. Jurisdiction at the Heart of the Appeal The hearing, held before the U.S. Court of Appeals for the D.C. Circuit, focused on the government’s authority to prosecute Sterlingov. His defense team argued that the Federal Bureau of Investigation (FBI) artificially created jurisdiction by conducting an…

Blockchain tracking service Whale Alert reported a substantial transfer of 500,000,000 $USDT, valued at approximately $500 million, from an unidentified wallet to the cryptocurrency exchange Binance. The transaction, recorded on the Tron blockchain, is one of the largest single stablecoin movements to an exchange this year. Transaction Details and On-Chain Context The transfer was detected by Whale Alert’s automated monitoring system, which tracks large cryptocurrency movements across major blockchains. The sending wallet has not been publicly identified, and the transaction did not originate from a known exchange or institutional custodian address. Large stablecoin inflows to exchanges are often interpreted by…

Bitcoin miner Canaan reported a net loss of $88.7 million for the first quarter of 2026, as falling Bitcoin (BTC) prices squeezed margins and triggered a significant inventory write-down. The company posted total revenue of $62.7 million for the quarter ending March 31, a sharp decline from the $196.3 million it recorded in the previous quarter, according to a Tuesday press release. Industrial mining equipment remained the company’s primary revenue driver at $39.6 million, though sales tumbled 75% from the prior quarter. Self-mining contributed $19.1 million, while the home mining segment brought in $2.7 million, a category that more than…

Antseed has launched a decentralized and peer-to-peer (P2P) marketplace connecting consumers with providers. Key Takeaways: On May 15, Antseed launched a P2P marketplace to remove centralized middlemen from the AI ecosystem. The network features 20 providers like Venice.ai, offering instant $USDC payouts with 0% platform markups. Antseed’s account-free design allows next-gen AI agents to transact independently without a central authority. Decentralized Shift in AI Access Antseed, on May 15, launched a decentralized marketplace that connects artificial intelligence (AI) consumers directly with model providers, removing the centralized intermediaries that dominate today’s AI access ecosystem. The platform offers an alternative to AI…

On Friday, bitcoin $BTC$71,039.44 options or derivative contracts worth billions will expire on crypto exchange Deribit. Traders might want to note that the dynamics of the expiry are such that $BTC’s market price could be lifted toward a very specific point: $75,000. Deribit, the world’s largest crypto options exchange, will settle bitcoin options contracts worth $14.16 billion on Friday at 08:00 UTC. This means nearly 40% of all open interest – the dollar value of all active contracts on the exchange – ware set to expire in roughly 48 hours. On Deribit, one options contract represents one $BTC. Options are…

ZonaLend, the native lending market built by Zona, has officially launched on the Pharos mainnet. The deployment marks a significant step for the Pharos ecosystem, introducing a dedicated lending layer designed to unlock liquidity from idle real-world asset (RWA) tokens. What ZonaLend Brings to the Pharos Ecosystem ZonaLend operates as a decentralized lending protocol tailored specifically for the Pharos blockchain. Its primary function is to allow users to supply and borrow RWA tokens, which represent tokenized versions of physical assets such as real estate, commodities, or invoices. By enabling these tokens to be used as collateral or lent out, ZonaLend…

With the global economy grappling with a severe debt crisis and currency devaluation, Von Greyerz partner Matthew Piepenburg has offered striking analyses of the future of the financial system. Speaking on the New Era Finance Podcast, Piepenburg discussed ways for investors to escape the current system, the differences between gold and Bitcoin, and the impending threat of Central Bank Digital Currencies (CBDCs). While Piepenburg is a traditional advocate of gold, he acknowledges that using gold as a means of payment in daily transactions is impractical. “You can’t go and buy a house with a gold bar,” he says, summarizing his…

@PancakeSwap burns $CAKE by taking a cut of protocol revenue, using it to buy the token on the open market, and sending those coins to a dead wallet that no one can spend from. The week of May 11, 2026 saw roughly 760,000 $CAKE burned against around 610,000 emitted, marking the 32nd consecutive month that more tokens left circulation than entered it. What Is a $CAKE Token Burn? A burn is the permanent removal of tokens from circulation. PancakeSwap does not delete coins from a database. Instead, the protocol sends them to a public BNB Chain address, the so-called “Burn,”…

An address linked to the now-defunct trading firm Alameda Research has withdrawn approximately $20.89 million in various cryptocurrencies from the KuCoin exchange over the past two hours, according to on-chain data from blockchain tracking platform Onchain Lens. The movement of funds from a collapsed entity’s wallet has drawn immediate attention from market observers and bankruptcy analysts. Details of the Withdrawal The wallet, identified as associated with Alameda Research, executed a series of transactions that included 162.64 Bitcoin (BTC), valued at roughly $13.21 million at current market prices, along with 274.29 Ether (ETH) worth approximately $630,000. Additional tokens moved include 315,299…