Author: NBTC
The United States Department of Justice (DOJ) has indicted two men, Abdullah At Taqi and Mohammed David Hashimi, for conspiring and attempting to provide material support to the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization, using Bitcoin, PayPal, and other forms of electronic currency. According to reports, the two suspects were arraigned and convicted in a federal court in Brooklyn, New York. The duo was convicted by a jury on all charges of an indictment charging them with conspiring and attempting to provide material relief to the terrorist organization. In addition, Hashimi and At Taqi…
The DEX has signed a strategic collaboration with Ondo Finance. BNB Chain users can access over 100 tokenized US stocks and ETFs from today. PancakeSwap has offered zero trading fees for the first month. PancakeSwap has teamed up with Ondo Finance to bring over 100 tokenized stocks and exchange-traded funds into the BNB Chain. Starting today, users on the Binance platform can buy or sell digital representations of top US bonds, stocks, and ETFs, all pegged 1:1 to the underlying securities. According to Ondo Finance CEO Nathan Allman: Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized…
Japan’s TIS, one of the country’s largest payment infrastructure providers, is launching a blockchain-based platform with Ava Labs, the team behind AVAX$20.39 as demand from financial institutions to move money and assets onchain is rising. The firm’s new Multi-Token Platform, built using AvaCloud, Avalanche’s enterprise-focused blockchain builder, aims to support the issuance, settlement and management of digital assets such as stablecoins and tokenized assets under Japan’s Payment Services Act. With TIS will lead the initiative, the company said it plans to work with banks, businesses and public agencies to promote the platform globally. The move comes as momentum for stablecoins…
OKX Wallet, the native crypto wallet of OKX, has announced its latest partnership with Kaito AI, an AI-led Web3 platform. The partnership is aimed at expanding consumer engagement across the DeFi sector with exclusive community rewards. As the official social media announcement of OKX Wallet reveals, the development offers a new earning opportunity and offers via Kaito Earn. Hence, the move indicates a wider push to combine intuitive automation and decentralized trading to drive broader innovation and consumer participation. We’re excited to announce that @KaitoAI has joined us as a community partner!Head over to Kaito Earn to get exclusive offers…
UK crypto investors could face tax bills even if they haven’t received warning letters from HM Revenue & Customs (HMRC), as the agency steps up efforts to track undeclared digital asset income. Last week, the Financial Times revealed that HMRC issued nearly 65,000 “nudge letters” in the 2024–25 tax year, more than double the number sent the year before. The letters urge investors to review their filings and voluntarily declare crypto-related gains before potential audits begin. However, tax experts warn that the agency’s growing use of exchange data and international reporting agreements means that investors who haven’t received a letter…
Crypto exchanges spent millions lobbying the European Union in 2024, based on publicly available data, with many of the world’s largest exchanges employing the equivalent of multiple full-time lobbyists. Many firms bumped up spending 25% year over year. According to data from corporate interest and transparency watchdogs Corporate Europe Observatory and LobbyControl, Kraken’s parent company, Payward, topped the list of spenders from the crypto industry. Under EU law, firms must register in the EU’s Transparency Register before they can lobby EU institutions and must provide information on their clients, budgets, and staff. Payward, which operates Kraken, spent between $323,000 and…
Prediction market protocol Myriad is gearing up for the next stage of its expansion with its launch on BNB Chain and the addition of new features including Automated Markets and localized experiences. Myriad’s launch on BNB Chain expands the prediction market protocol to the BNB ecosystem and opens the door to millions of new users across Asia and beyond. MYRIAD is now live on @BNBCHAIN! 👉 https://t.co/AWPblHwIHv LIVE NOW: – Automated Markets, continuous 5-minute price action markets with auto resolution.- Full BNB Chain support with EVM wallet sign-in options and native bridging.- Leaderboard activity with full… pic.twitter.com/xInsKOPIsD — MYRIAD (@MyriadMarkets)…
Arbitrum has once again taken the lead, reaching a six-month record high in trading volume on a decentralized exchange (DEX). The uptick in trading volume by DEX traders not only reflects a growing resurgence in decentralized trading more broadly, but it is a sign of overall optimism in the market, as well as an expanding decentralized finance (DeFi) ecosystem overall. Over the past few months, the proven liquidity stream and user engagement have solidified Arbitrum’s status as one of the leading Layer 2 networks for decentralized exchanges. The 6-month record in DEX dominance is a major milestone for the ecosystem…
Jurrien Timmer, director of global macro at financial giant Fidelity, has opined that Bitcoin-sensitive equities and gold miners are both competing to be the best performer of the year. Both groups of stocks have secured extremely impressive gains that surpass 150%, meaning that they are very distinct risk assets. Meanwhile, physical gold and meme stocks are vying for the runner-up status. Considering that these assets are almost opposites when it comes to investor intent, their returns currently indicate dispersion, meaning that investors are pursuing returns with different risk preferences. Timmer has noted that such groups as artificial intelligence (AI) stock…
A European dealer in gold, silver, platinum and palladium, SwissBullion.eu has expanded its payment methods to include XRP and Ethereum (ETH). The two major cryptocurrencies join Bitcoin, which is already accepted by the precious metals dealer, which also supports stablecoin payments, including Tether (USDT) and Circle’s USDC. According to a press release by SwissBullion.eu, accepting ETH will ensure that its clients can leverage a highly liquid and globally recognized cryptocurrency to buy precious metals with speed and efficiency. In addition, accepting XRP aligns with its vision of frictionless, borderless access to gold and silver for a global customer base. Precious…