Author: NBTC

“ETFs were referred to as weapons of mass destruction,” Hoffman said, recalling the skepticism that surrounded the structure before it became one of the dominant ways investors access markets. When he joined the ETF industry in the early 2000s, the market held roughly $200 billion in assets, he said. Today, it’s nearly a $20-trillion global asset class, according to a PwC report. He said tokenization is following a similar path, but much faster than ETFs. “Every market that digitizes gets larger,” he said. “And tokenization is really the digitization of capital markets.” Building for an agent-driven future For Hoffman, tokenization…

On-chain data indicates that retail wallets holding at most 5,000 $XRP tokens make up more than 93% of the total $XRP-based addresses. The $XRP ecosystem has continued to witness remarkable expansion in recent times. While wallet growth has slowed this year amid bearish sentiment triggered by ongoing price struggles, $XRP is already on course to hit the 8 million milestone. Interestingly, data confirms that most of the wallet growth this year has been driven by retail investors who have continued to show interest in $XRP despite the selling pressure. Today, retail wallets holding 5,000 $XRP tokens or less make up…

El Salvador — often called Bitcoin country —continues to refine its immigration framework to draw high-value foreign talent and capital, including families. Decreto 531, effective March 31, 2026, reduced the physical presence requirement for temporary residents from nine months to 90 calendar days per year, consecutive or accumulated. This adjustment targets entrepreneurs, investors, and remote professionals whose work involves frequent travel. On paper, this new minimum requirement for residency status places El Salvador in a very competitive place compared to other tax haven-style nations. But what are the benefits of becoming a Salvadorian Tax resident, and is it really as…

South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have announced they will list the community-focused meme coin project SPX6900 ($SPX) on their platforms. According to the announcements, $SPX will be accessible to investors in both Korean won (KRW) and various cryptocurrency trading pairs. According to an announcement by Upbit, the SPX6900 will begin trading on June 16th in KRW, BTC, and USDT pairs. Trading is scheduled to begin at 2 PM on June 16th, with deposits and withdrawals opening within two hours of the announcement. The asset will only be supported on the Ethereum network; transfers from other networks will…

US President Donald Trump, in a statement regarding the nuclear deal with Iran, said that the agreement is scheduled to be signed tomorrow. Trump stated that following the signing of the agreement, the Strait of Hormuz would immediately be open to all parties. In his assessment of relations with Iran, Trump stated, “Our relationship with Iran is different and better than it was under the previous administration.” Expressing hope that the agreement process would be completed quickly and smoothly, Trump said, “I hope this process will be completed quickly, simply, and properly. If not, we have a final alternative.” Related…

Traders scanning the order books got a surprise when Helium highlighted a significant $25.9 million in pre-deposit total value locked (TVL) ahead of its mainnet launch. This announcement, made by the Twitter account SolanaFloor, has generated considerable buzz in the crypto community and reflects growing interest in Helium’s upcoming developments. The original announcement can be viewed here. Inside the Move Market participants reacted positively to Helium’s announcement regarding its pre-deposit TVL of $25.9 million. This figure indicates strong preliminary interest and confidence in the network as it prepares for its mainnet launch. With the broader crypto market currently displaying mixed…

Elon Musk’s xAI and SpaceX have been sued by a former engineer who alleges he was fired after raising safety concerns about Grok ahead of SpaceX’s planned IPO. According to a complaint filed in California’s Santa Clara County Superior Court, former xAI employee Devin Kim alleges that he pushed for stronger testing procedures and additional safeguards to reduce the risk of harmful outputs from Grok. The lawsuit claims the chatbot lacked adequate protections against misinformation, bias, and other potentially damaging responses. Kim’s legal team argues that the case extends beyond a workplace dispute. In a statement included in the filing,…

Kakao Pay, the fintech arm of South Korea’s leading messaging giant Kakao, has reportedly initiated exploratory discussions with several major commercial banks to form a consortium for a won-pegged stablecoin, according to a report from the Seoul Economic Daily. The move signals a significant step toward institutional involvement in the country’s evolving digital currency landscape. Banks Reportedly Engaged in Early-Stage Talks According to the report, which cites a high-level industry official familiar with the matter, Kakao Pay has already approached BNK Financial Group and JB Financial Group as potential consortium partners. The official stated that Kakao had prepared a meeting…

It’s been reported that Amazon CEO Andy Jassy alerted senior Trump administration officials to security findings from his company’s internal research team, setting off a chain of events that ended with the U.S. Commerce Department ordering Anthropic to shut down its two most advanced artificial intelligence (AI) models for every customer on the planet. Key Takeaways: Amazon CEO Andy Jassy reportedly flagged Fable 5 jailbreak findings to Trump officials on June 12, triggering a global shutdown. Polymarket traders price a 71% chance that Anthropic restores Fable 5 access by July 1, 2026. Anthropic called the Commerce Department directive a “misunderstanding,”…

Crypto News A dollar-pegged stablecoin called Main Street USD lost its peg on Saturday, collapsing roughly 71% in 24 hours after its verification provider, Accountable, abruptly terminated their service agreement. The token, which had traded near $1 for months, now changes hands around $0.29, cutting its market value to about $30.5 million. Accountable said Main Street could not meet its verification standards and severed the relationship effective immediately. With the data feed switched off, the protocol’s public reserves dashboard no longer confirms any collateral backing the token. The episode underscores how quickly confidence evaporates when third-party proof-of-reserves attestations disappear from…