Author: NBTC
S&P Dow Jones Indices has officially licensed the S&P 500 to Trade[XYZ], allowing the launch of the first perpetual contract based on the benchmark. S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been… — trade.xyz (@tradexyz) March 18, 2026 Investors can now trade the S&P 500 24/7, which tracks the stock performance of 500 leading US companies, on Hyperliquid, using institutional-quality S&P DJI data.…
South Korea’s Financial Supervisory Service (FSS) is upgrading its AI-powered VISTA platform with additional Nvidia H100 GPUs to strengthen real-time detection of crypto market manipulation. The move is intended to sharpen surveillance of suspicious accounts and trading anomalies as regulators intensify oversight of virtual asset markets. The FSS obtained a budget of 170 million Korean won ($117,640 USD) for internal server expansion this year, according to finance authorities on February 16. It intends to use this to acquire one more H100, a high-performance computing GPU from NVIDIA, by the second quarter of this year. The H100, released in 2022, is…
The United States Securities and Exchange Commission (SEC) has issued a fresh investor alert. The timing of the alert comes at a significant moment for the crypto industry, with fresh regulatory clarity delivered to digital assets. INVESTOR ALERT 🚨: Investors should never rely solely on information from group chats in making investment decisions.Be wary of any group chat where you receive investment advice from someone you don’t know – this is often how scams begin.https://t.co/gNUUUAWZqm pic.twitter.com/pWse8CcPUB — U.S. Securities and Exchange Commission (@SECGov) March 18, 2026 In a new tweet, the SEC alerts investors that group chat advice could be a scam trap. The regulatory…
FTX is entering a new phase in its repayment process for its creditors. According to a statement from the FTX Recovery Trust, the company will make a fourth payment of approximately $2.2 billion on March 31, 2026. According to a press release issued by FTX Trading Ltd. and FTX Recovery Trust, these payments will be made in accordance with the company’s Chapter 11 restructuring plan. Eligible creditors must meet the necessary prerequisites. Payments are expected to be credited to accounts within 1 to 3 business days via BitGo, Kraken, or Payoneer, depending on the chosen distribution provider. The statement indicated…
Daily crypto activity in Russia has climbed to about $647 million (50 billion rubles), said Ivan Chebeskov, Russia’s Deputy Finance Minister, at the Alfa Talk conference “Digital Financial Assets: New Market Architecture.” Officials estimate that this equates to more than $129 billion (10 trillion rubles) in yearly turnover, much of which currently operates outside formal oversight. The Bank of Russia has proposed a framework to legalize crypto transactions through existing exchanges and brokers, with regulations expected to be adopted during the State Duma’s spring session. Lawmakers aim to submit a draft bill to the State Duma in March, targeting approval…
Kenya’s National Treasury has introduced draft regulations seeking to revamp the oversight and licensing of virtual asset service providers (VASPs) in a bid to tighten control over the nation’s burgeoning cryptocurrency sector. These proposed regulations are open to public consultation until April 10, with the new legal structure set to be enforced under the Virtual Asset Service Providers Act from November 2025. What’s Driving the New Regulations?How Will Licensing and Oversight Evolve? What’s Driving the New Regulations? The fresh regulatory initiatives come after Kenya was flagged on the Financial Action Task Force (FATF) “grey list” in early 2024. This has…
FTX Recovery Trust announced Wednesday it will distribute roughly $2.2 billion to creditors on March 31 as part of its ongoing bankruptcy recovery process, with additional payments to preferred equity holders scheduled later this year. The payout marks the fourth distribution under FTX’s Chapter 11 reorganization plan and will go to creditors in both “Convenience” and “Non-Convenience” classes who have completed required onboarding steps, the trust’s statement says. Funds are expected to arrive within 1 to 3 business days via BitGo, Kraken, or Payoneer. The trust also clarified all distributions are made in U.S. dollars to designated service providers, which…
Key takeaways Bitcoin’s simplicity as a non-programmable asset strengthens its position as a store of value. The programmability of crypto does not equate to it being money; it represents value in diverse ways. Investors often misclassify crypto assets, failing to recognize their distinct nature compared to traditional investments. Achieving product-market fit in crypto requires targeting a specific niche due to the technology’s novelty. Solana’s engineering principles enable it to address scalable solutions through solvable problems. Solana outperforms many blockchains in transaction speed and cost, enhancing its competitive edge. Future enhancements could make Solana significantly faster, cheaper, and more developer-friendly. NFTs…
Key Takeaways Going public can provide significant advantages for companies in the payments industry. Timing the market for an IPO is challenging and may not be the best strategy. Novant defines its market differently, focusing on servicing all frequent travelers. Company culture is crucial for long-term success in the fintech landscape. The biggest threat to a business is often unknown competitors that could disrupt the market. The market is not currently pricing in the significance of AI advancements. A consumption-based business model generates revenue only when the platform is used. Distribution is a critical factor for success in software companies,…
Visa has unveiled Visa CLI, the first product out of its newly branded Visa Crypto Labs division, targeting the emerging market for AI agent payments. The tool is currently in closed beta, with access available by request through GitHub authentication. The product positions Visa’s payments infrastructure as a native layer for “command line commerce” — a term Cuy Sheffield, Visa’s head of crypto, has used to describe a new era in which AI agents transact autonomously rather than humans navigating web interfaces. The CLI tool is designed to let agents pay for external API calls on demand, removing the need…