Author: NBTC

Coinbase this afternoon launched two onchain $USDC lending vaults built on Morpho and curated by Steakhouse Financial, giving users their first choice of risk profile when lending from the exchange: a conservative Prime tier backed by blue-chip crypto collateral, and a Higher Yield tier drawing on assets issued by Ethena. The launch was announced on Coinbase’s official X account this afternoon, with a blog post providing product details. The vaults run on Morpho, the permissionless lending protocol that raised $175 million in June at a reported $2 billion valuation and now holds roughly $6.5 billion in total value locked, per…

JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bank’s budget. JPMorgan has reclassified JPMorgan AI investment as core infrastructure, treating its $2bn annual budget as non-negotiable as cybersecurity. The world’s largest bank has moved its AI spending out of the discretionary innovation category and placed it alongside data centers, payment systems, and core risk controls inside its $19.8bn total technology budget for 2026. CEO Jamie Dimon said the investment has already self-funded through $2bn in operational savings across more than 150,000 employees, adding a 10% to 11%…

The price of World Liberty Financial’s ($WLFI) token has fallen 18% after the Trump-linked firm successfully passed its token locking proposal. However, the vote, which passed in just 15 minutes, has drawn criticism with suspicious onlookers claiming that it was rigged. While the vote passed with 6.6 billion $WLFI tokens, only 3.3 million $WLFI tokens were attributed to “No” votes. The largest No voter held 569,900 $WLFI tokens. The largest four Yes voters together held 2.5 billion $WLFI tokens, almost 40% of the entire vote. Onlookers noted that the vote passed within minutes, and that by the 15-minute mark, it…

A Newcastle, Washington, man has received five years in prison for helping move fraud proceeds through bank accounts and crypto exchanges. The U.S. Attorney’s Office said Geoffrey K. Auyeung pleaded guilty to conspiracy to commit money laundering. Prosecutors said nearly $100 million passed through accounts he opened and linked to cryptocurrency platforms. Auyeung sentenced in Seattle federal court U.S. District Judge John C. Coughenour sentenced Auyeung in Seattle federal court. The judge said the sentence followed “the scope and magnitude of this fraud.” Auyeung was arrested in August 2024 and pleaded guilty last February. According to prosecutors, he continued communicating…

EPA Administrator Lee Zeldin wants to make it a lot easier to break ground in America. His latest proposal would redefine what “begin actual construction” means under EPA permitting rules, allowing preliminary site work like grading and land preparation to start before full permits are secured. The target: manufacturing reshoring, AI infrastructure, and the sprawling data centers that power both. For crypto, the implications are less obvious but potentially significant. AI data centers and Bitcoin mining operations share a common bottleneck: they both need enormous amounts of energy, and they both get stuck in the same permitting queue. What the…

The financial market has witnessed another massive leveraged trade gone wrong. A trader betting heavily against the Nasdaq 100 and S&P 500 now faces more than $1.9 million in unrealized losses. The situation became even more dramatic after the trader deposited another $1 million $USDC to avoid liquidation. The move immediately sparked discussions across crypto and trading communities. Many traders expected volatility after recent market rallies. However, few expected someone to maintain such a risky leveraged short position during strong bullish momentum. The market continued climbing while the trader’s losses expanded rapidly. The added capital showed desperation but also revealed…

Global Settlement Network joined the Canton Network on April 30, 2026, as both a Validator and Featured Application, deploying its $GSX ID credentialing platform to cut repeated compliance checks across tokenized capital markets. Key Takeaways: Global Settlement Network joins Canton Network as a Validator on April 30, 2026, deploying $GSX ID to streamline onchain compliance. $GSX ID enables institutions to verify KYC, AML, and investor qualifications once, reducing duplicated processes across Canton’s tokenized asset network. Texture Capital, Black Manta Capital Partners, and Particula expand $GSX ID’s reach into U.S. and European compliant distribution by Q2 2026. Canton Network Adds $GSX…

The Hyperliquid Policy Center (HPC), together with venture capital firm Paradigm, submitted a joint comment to the US Treasury on Tuesday, urging the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) to refine parts of its proposed stablecoin compliance rule tied to the $GENIUS Act. The rule is intended to implement anti-money laundering (AML) and sanctions requirements for “permitted payment stablecoin issuers” (PPSIs), a category the proposal says should be able to innovate in payment stablecoins while operating under an “appropriately tailored” regime designed to manage illicit-finance risk. Narrower Compliance, Less Burden While they did…

Traditional finance firms are expanding into crypto prediction markets as event-based contracts draw deeper liquidity. Chainalysis said inflows have risen sharply since September 2024, supported by retail traders, market makers, and institutions. Key Takeaways: Traditional firms are expanding their presence as crypto prediction markets attract deeper liquidity. Retail activity helped draw market makers, institutions, and larger deposits into event contracts. Regulatory disputes may shape how prediction markets enter broader financial infrastructure. Traditional Finance Builds Crypto Prediction Market Rails Major exchanges and financial firms are accelerating work on crypto prediction markets as event-based contracts gain institutional liquidity. Blockchain analytics firm Chainalysis…

MegaETH officially launched its $MEGA token on Thursday, completing a seven-day countdown that began after the network demonstrated enough real onchain usage to meet its first performance milestone. According to Bubblemaps, out of 8,360 wallets that received $MEGA, half continue to hold, 40% have sold their entire allocation, and 10% have taken partial profits. The token now sits at a $1.6 billion fully diluted valuation, per CoinGecko. 8,360 wallets received their $MEGA allocation: • 50% are still holding• 40% sold everything• 10% partially sold Token sits at $1.7B FDV Bottom in? pic.twitter.com/dEx3a1Gmzq — Bubblemaps (@bubblemaps) April 30, 2026 The launch…