Author: NBTC

Nansen’s CEO, Alex Svanevik, has pointed out that Binance founder Changpeng Zhao (CZ) would have become one of the most valuable venture portfolios in tech history by now if his company had completed the acquisition of FTX in November 2022. A Forbes analysis released back in May showed that Sam Bankman-Fried’s personal and FTX-linked investments, including an 8% stake in Anthropic, 5% of Cursor, and exposure to SpaceX, would today be worth north of $100 billion. What exactly did CZ walk away from? Prior to the FTX collapse, the portfolio Bankman-Fried built was surprisingly good. According to Forbes and other…

ARK Invest CEO Cathie Wood said that in an environment of increasing global geopolitical and monetary uncertainty, capital outflows from some countries could create a new bullish dynamic for Bitcoin and other digital assets. Wood, in his assessment on the X platform, stated that artificial intelligence is currently one of the main elements of technological transformation and is attracting significant market interest. However, according to Wood, the AI sector cannot replace the fundamental role played by digital assets in the global macroeconomic environment. Cathie Wood stated that digital assets, particularly Bitcoin, occupy a unique position in terms of their function…

As is known, the FED did not change interest rates at its first Federal Open Market Committee (FOMC) meeting under the chairmanship of Kevin Warsh last week. The FED unanimously kept the policy interest rate stable at 3.50-3.75 percent, in line with expectations. Increased inflation concerns stemming from the US-Iran conflict have reduced the likelihood of a Fed interest rate cut to almost zero, while also raising the possibility of an interest rate hike. According to Forbes, Bank of America (BofA), one of the giants of the banking sector, has revised its forecast upwards. Accordingly, BofA has revised its forecast…

Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow: better economics, better support, and lower operating friction. The subsidy sits at the network layer. Frontier aims to make Solana itself the trading surface by tracking activity across the network and rewarding traders who drive flow through the ecosystem. Solana is trying to make the…

Japan’s Financial Services Agency has suspended part of moomoo Securities’ operations for three months and ordered the brokerage to strengthen its internal controls after regulators found compliance, customer protection, anti-money laundering, and cybersecurity failures. The Financial Services Agency said on June 19 that moomoo Securities must stop soliciting and accepting applications for new accounts from June 19 through Sept. 18. The regulator also issued a business improvement order that requires the company to clarify management responsibility and submit a plan to prevent similar issues from recurring. The action follows an investigation by Japan’s Securities and Exchange Surveillance Commission, which concluded…

Pseudonymous analyst Car has written a rebuttal to the Bloomberg report on alleged insider trading that flagged specific wallets and labeled tens of millions in trading volume as suspicious. Car’s thread highlighted what he says are several problems with Bloomberg’s methodology. The analyst stated that the publication overstated winnings and misread on-chain data to build a case that doesn’t hold up. What did Car say is wrong about Bloomberg’s report? Car stated that the flaws in Bloomberg’s report started from relying on data from Polysights, a blockchain analytics tool that flags $45 million in volume on Trump-related markets as suspicious…

Bitcoin enters the weekend near $60,000 after sticky inflation, heavy ETF outflows, and a failed defense of the $59,000-$62,000 zone. The May PCE print gave the market a reason to sell, but the real damage came from positioning. Core PCE came in at 3.4% year over year, above the Fed’s 2% target but broadly in line with economists’ expectations. The June 26 options expiry is the structurally heavier event, with Deribit data showing over $10.6 billion in $BTC options expiring, with roughly 80% of that open interest out of the money and max pain sitting in the low $70,000s. With…

Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant BNY, the companies said on Monday. Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds using the Ethereum and Solana public blockchains, according to a press release. The fund is operated through a U.K.-regulated Open-Ended Investment Company (OEIC), a type of collective investment fund structured as a limited liability company that spreads capital from multiple investors across equities or bonds.…

Delegates to the $ENS DAO escalated opposition to a governance proposal that would hand the $ENS Foundation broad control over the protocol’s treasury Monday, with one Security Council member calling it a governance attack and $ENS Labs founder Nick Johnson having already self-delegated enough tokens to pass the measure over their objections. The temp check, published Thursday by katherine.eth, Katherine Wu, COO of $ENS Labs, would shift management of the DAO’s operational wallet, its $ENS token holdings, and the Endowment managed by Karpatkey to a five-seat Foundation board. As The Defiant reported Friday, the proposal retains on-chain tokenholder authority over…

The European Union will impose a bloc-wide €10,000 limit on cash payments for goods and services from 10 July 2027 under new anti-money laundering rules. The measure, known as Regulation (EU) 2024/1624, is designed to curb illicit finance by harmonizing cash transaction limits across the EU, while allowing individual member states to adopt even stricter thresholds. The regulation also introduces sweeping changes for crypto and other high-risk sectors. It imposes new identity verification requirements for crypto transactions, effectively bars regulated providers from handling privacy coins, and extends AML obligations to crypto firms, football clubs, crowdfunding platforms, investment migration operators, and…