Author: NBTC
President Donald Trump’s pardon of Changpeng “CZ” Zhao has turned into a full-blown case study in how money and access now move power in Washington. CZ, who just a year ago was serving a four-month prison sentence for allowing money launderers to use his crypto platform Binance, is now walking free and back in the corridors of influence. His company was fined $4 billion, and he personally paid $50 million while stepping down as CEO. Yet this week, his name is cleared, and the man behind one of the biggest scandals in crypto is once again welcome in Trump’s America.…
The cryptocurrency world is constantly evolving, bringing fresh opportunities for enthusiasts and traders alike. Recently, a significant update from the prediction market platform Kalshi has captured attention. For its users in the United States, Kalshi has officially rolled out support for Kalshi SUI deposits, alongside Sui-based USDC. This exciting development marks a new chapter for participation in event-based trading, offering enhanced flexibility and access to the burgeoning Sui ecosystem. What Are Kalshi SUI Deposits and Why Are They Game-Changing? Kalshi is a regulated prediction market where users can trade on the outcome of real-world events, from economic indicators to political…
In computing, a denial-of-service attack (DoS attack; UK: /dɒs/ doss US: /dɑːs/ daas[1]) is a cyberattack in which the perpetrator seeks to make a machine or network resource unavailable to its intended users by temporarily or indefinitely disrupting services of a host connected to a network. -The Wikipedia definition of denial-of-service attack. This is a very basic concept. Someone makes use of their own resources to disrupt the functioning of other machines on a network. DoS attacks have been an issue for as long as the internet existed. One of the commonly argued “first Distributed Denial-of-service (DDoS) attacks” was against…
Are you ready for a game-changer in the world of decentralized finance? PumpBTC (PUMPBTC) has made a significant announcement on its official X account, revealing its plans to integrate the x402 payment protocol, an innovative open-source solution developed by Coinbase. This move could redefine how Bitcoin (BTC) holders interact with DeFi, promising a future of accessible and efficient on-chain transactions. What is the x402 Payment Protocol and Why Does it Matter? The x402 payment protocol is not just another technical jargon; it’s a groundbreaking initiative from Coinbase aimed at streamlining on-chain payments. Essentially, it allows AI agents to facilitate payments…
Coinbase (COIN) posted a stronger-than-expected third quarter, driven by a surge in trading activity, a rebound in asset prices and continued growth in its subscription and services business. The U.S.-based exchange reported total revenue of $1.9 billion, a 58% jump from $1.2 billion in the same period last year. Shares were up 3% in post-market trading. Transaction revenue, which remains the largest piece of Coinbase’s business, rose to $1 billion, up from $365 million a year ago. Trading volumes reached $295 billion, the company reported, lifted by renewed interest in crypto markets, particularly among retail users, whose trading volume grew…
President Donald Trump’s choice of Mike Selig to lead the U.S. Commodity Futures Trading Commission (CFTC) has drawn praise across the financial sector and the crypto community, especially among Ripple and XRP supporters. Selig, a lawyer and former CFTC official, is known for his detailed analysis of digital asset regulation. In a post on X, he said he was “honored to be nominated by President Trump to serve as the 16th Chairman of the CFTC” and pledged to promote competition, innovation, and what he called “a Great Golden Age for America’s financial markets.” David Sacks called Selig “an excellent choice”…
Singapore-based crypto exchange Bitget has seen an uptick in institutional participation, with institutional traders now accounting for roughly 80% of total volume as of September, according to a report by Bitget in collaboration with blockchain analytics platform Nansen. The report noted that institutional activity on Bitget’s spot markets climbed from 39.4% of total volume on Jan. 1 to 72.6% by July 30. Futures trading saw an even more dramatic shift, with institutional market makers growing from just 3% of activity at the start of 2025 to 56.6% by late July. The study identified liquidity as the key measure of institutional…
Traditional finance and blockchain are converging faster than ever as major institutions embrace tokenized real-world assets, setting the stage for a massive transformation in digital finance and opening new frontiers for seamless onchain investing. Wisdomtree and BNY Mellon Forge Next-Generation Blockchain Banking Partnership The fusion of traditional banking and blockchain technology continues to accelerate as major financial institutions expand access to tokenized real-world assets. Wisdomtree Inc. (NYSE: WT) announced on Oct. 28 that it has selected The Bank of New York Mellon Corporation (NYSE: BK) as its core banking-as-a-service (BaaS) infrastructure provider for its digital asset platform, Wisdomtree Prime. The…
Velo Network, known for bridging TradiFi and Web3, has signed an agreement with Evolve Chain, a strategic real-world asset (RWA) ecosystem, to transform RWA finance. The core purpose of this collaboration is to develop a such kind of multi-chain ecosystem which is capable of tokenizing a wide range of assets to connect global finance markets. Velo Protocol discloses this news through its social media platform, X account. EVOLVE Chain is poised to become a multi-chain powerhouse, revolutionizing Real World Asset finance through the tokenization of diverse assets—all while bridging Eastern and Western markets for seamless global access.As a key PayFi…
Venezuela’s Pago Móvil architect is building a regulated banking network for USDT and USDC deposits. Bolivian exchange El Dorado integrates QR code payments to streamline its peer-to-peer transaction process. Rodolfo Gasparri, president of the Venezuelan company Conexus, is developing a banking network based on decentralized technology. This project aims to enable users to make deposits and transactions using stablecoins. Gasparri is a recognized figure in the Venezuelan financial sector, having been involved in the development of the Interbank Mobile Payment system. The initiative seeks to incorporate digital assets like USD Tether (USDT) and USD Coin (USDC) within the traditional financial…