Author: NBTC

The world’s largest publicly-traded Solana treasury company has lost roughly $1 billion holding $SOL despite earning 6.7% staking yields. Forward Industries launched its Solana treasury strategy on September 8, 2025 — months after the crypto treasury bubble had already popped — with a $1.65 billion private placement led by Galaxy Digital, Jump Crypto, and Multicoin Capital. Multicoin co-founder Kyle Samani personally added $25 million and became chairman. “Our strategy to build an active Solana treasury program underscores our conviction in the long-term potential of $SOL,” the company proclaimed at the onset. That day, $SOL was trading at $206. $SOL trades…

Charles Hoskinson sharply criticized efforts to remove Section 604 from the proposed Digital Asset Market Clarity Act after the National Fraternal Order of Police urged U.S. senators to reconsider the provision. The debate centers on whether open-source crypto developers and infrastructure providers could face legal exposure for how third parties use blockchain technology. The Section 604 In a letter sent to Senators Tim Scott and Elizabeth Warren, National Fraternal Order of Police President Patrick Yoes argued that Section 604 would weaken law enforcement’s ability to pursue financial crimes involving cryptocurrency. The organization warned that exempting “non-controlling developers or providers” from…

KDDI, one of Japan’s largest telecom companies, is set to hold a 14.9% stake in local crypto exchange operator Coincheck Group (CNCK) after agreeing to a $65 million deal. The telecom giant will subscribe for 28.5 million newly issued Coincheck Group shares at $2.28 each, Coincheck said on Wednesday. The deal is expected to close in June. Coincheck and KDDI also signed what both firms called a business alliance covering customer referrals, revenue sharing and referral fees. The companies said the partnership is aimed at expanding crypto access in Japan through KDDI’s consumer channels and Coincheck’s trading, custody, staking and…

MetaOne, a Web3 platform for blockchain engagement and digital gaming, has partnered with Fomoin, a crypto discovery firm and Web3 launchpad. The partnership endeavors to broaden the gaming network in the Web3 ecosystem while also increasing the airdrops. As per MetaOne’s official X announcement, the development highlights a strategic connection between the two entities. Additionally, the move focuses on the provision of wider access to Alpha and AMAs. 📣 Partnership AlertMetaOne × @Fomo__in officially linked. 🤝The game just leveled up. 🎮@Fomo__in is where crypto moves first. Airdrops 🪂 AMAs 🎙️ Alpha 📡 And now, MetaOne is in the mix. 🎯If…

Bitcoin ($BTC) has climbed above $72,000 in the last few hours, and on-chain analytics firm CryptoQuant has analyzed the current state of $BTC. CryptoQuant stated that Bitcoin has been trading around $70,000 in recent days, and that the cost price for short-term investors (STH) is currently above the spot price. At this point, approximately 8% of the 5.7 million $BTC held by STHs are profitable, while 92% are at a loss. Analysts argued that a further recovery in Bitcoin price could signal potential selling pressure from STH (Source Threat) sources. “…These investors hold approximately 5.7 million $BTC, and only 8%…

TRM Labs’ latest report on global cryptocurrency adoption stressed that stablecoins are being used in Venezuela as part of retail users’ arsenal to deal with high inflation and capital-constrained environments, countering currency instability and capital controls as parallel currency markets surge. Key Takeaways: TRM Labs reports a Q1 2026 shift to $USDT, boosting Venezuela’s volume to $17.9B for future savings. Binance P2P data shows 90.2% of listings feature $USDT-VES pairs. Economists have proposed a national stablecoin to fix market instability and currency controls. TRM Labs Puts Venezuelan Stablecoin Use Case in the Spotlight Stablecoins have taken the cryptocurrency world by…

Ripple chief technology officer Brad Garlinghouse recently took to the X social media network to share some key advantages of the $XRP Ledger (XRPL). He has noted that the architects behind XRPL, many of whom were early contributors to Bitcoin, designed the ledger specifically to solve some inefficiencies that have plagued the global payment industry. Speed, cost, and scale According to Garlinghouse, $XRP’s main advantage is that it is incredibly efficient for moving value. Transactions on the ledger can be settled within just 3 to 5 seconds. The cost of these transactions is remarkably low. They typically penny or fractions…

Reform UK leader Nigel Farage is reportedly facing a parliamentary standards inquiry over whether he failed to declare a 5 million pound ($6.7 million) gift from crypto billionaire Christopher Harborne. The UK Parliamentary Standards Commissioner has opened an inquiry into whether Farage breached House of Commons rules by not registering the payment, the BBC reported Wednesday. Farage said he was under “no obligation” to declare the gift from the Reform party backer, which he received before he was elected to the Commons in 2024. Critics argue he should have registered the payment after becoming a member of parliament. The Conservatives…

Kyrgyzstan is preparing to permit banks and other financial institutions to officially conduct cryptocurrency transactions. The changes, which will let them buy and sell digital coins, come amid new sanctions over the nation’s role in helping Russia bypass restrictions. Kyrgyzstan to authorize banks to work with cryptocurrencies The government of Kyrgyzstan plans to allow banks and non-bank financial institutions to trade and convert cryptocurrencies on behalf of their clients. This will be done through amendments to the country’s law “On Virtual Assets” drafted by the Ministry of Economy and Commerce, local and regional media unveiled Wednesday. The respective bill has…

Dexa AI, an AI-driven market intelligence entity, has collaborated with VectorAI, a renowned AI-led on-chain decision company. The partnership attempts to advance market intelligence within the Web3 landscape. As per Dexa AI’s official social media announcement, the joint effort enables the cutting-edge intelligence infrastructure and unified market analysis instruments on-chain. So, the development aims to assist consumers in detecting actionable opportunities related to the crypto sector. Partnership Announcement📢We’re excited to announce our partnership with @VectorAI_Global — the AI-powered on-chain alpha decision system built to transform complex market data into actionable intelligence.⚡️ By combining Dexa AI’s intelligence infrastructure with VectorAI’s… pic.twitter.com/AhiifRVR49…