Author: NBTC

The New York Stock Exchange has agreed to pay a $9 million penalty to settle charges brought by the US Securities and Exchange Commission over a 2023 technology glitch that disrupted the opening of trading in thousands of stocks. The issue dates back to January 23 when a configuration error left a backup disaster-recovery system running during overnight maintenance, causing the exchange’s Pillar platform to incorrectly process opening auction data, the SEC said in a March 6 filing. That resulted in the exchange bypassing the standard opening auction for more than 2,800 listed stocks when markets opened on January 24.…

Bitcoin infrastructure provider Maestro has launched a Bitcoin-denominated credit market backed by mining economics, aiming to give institutions a new way to earn yield on idle Bitcoin while expanding financing options for miners. Maestro said Mezzamine went live with its first program in partnership with mining-as-a-service provider Sazmining. According to a Tuesday announcement shared with Cointelegraph, the program is designed to let institutional Bitcoin ($BTC) holders deploy $BTC into mining-backed credit facilities targeting an annual yield of 8% to 9%. The offering is designed to connect miners seeking capital with institutional Bitcoin holders seeking $BTC-denominated yield, creating an onchain credit…

Creditlink has partnered with Decentralized Intelligence (DI) as part of its plan to connect decentralized finance (DeFi) with Artificial Intelligence (AI). The integration of on-chain credit identities into decentralized AI frameworks will provide a more secure and “trustworthy” infrastructure for future decentralized applications (dApps). Building a Unified Web3 Intelligence Ecosystem Decentralized Intelligence (DI) is an ambitious ecosystem made up of multiple products and technologies rather than a single product. The DI announcement highlights several key products that form the foundation of the overall DI environment, emphasizing its broad and integrated ecosystem. These include the DI Phone, a mobile Web3 hardware-oriented…

Cryptocurrency analytics company MakroVision has shared a new assessment of Ethereum’s ($ETH) technical outlook. According to the analysis, the short-term market structure is becoming increasingly tight as the Ethereum price approaches a critical resistance zone again. According to the chart shared by MakroVision, the $ETH price has recently been rejected several times in the resistance zone around $2,130 and continues to face selling pressure at this level. However, the Ethereum price remains above the lower support zone. This indicates that the market is currently moving within a narrowing price range between support and resistance. Analysts note that a pattern of…

Hyperscale Data, a technology firm operating AI-focused data centers and Bitcoin mining operations, announced today a strategic initiative to acquire up to 100,000 ounces of silver. The company, traded on NYSE American under ticker GPUS, said it will accumulate the precious metal gradually using a dollar-cost averaging method that mirrors its approach to acquiring Bitcoin. Funding for the silver purchases will come from existing cash reserves and available liquidity, according to the announcement. Executive Chairman Milton “Todd” Ault III characterized silver as a long-term strategic asset intended to bolster the firm’s balance sheet while maintaining flexibility for future expansion. The…

Binance suing the Wall Street Journal is not a new kind of signal, as the exchange has fought what it considered hostile coverage before. However, this time the market may read the move differently. In earlier cycles, a Binance-versus-media clash fit neatly into a larger story of regulatory danger. Now, after a softer US enforcement turn and deeper overlap with President Donald Trump-linked crypto networks, the same kind of pushback may be read less as panic and more as confidence. On Mar. 11, Binance sued the Wall Street Journal and Dow Jones over a Feb. 23 report tied to an…

Avalanche is a high-performance L1 blockchain platform designed for builders who need to scale their operations. It is often seen as a powerful alternative to the Ethereum network because it uses a unique Consensus Mechanism to ensure transactions are finished almost instantly. Because Avalanche is “built for business,” it attracts companies that have real users and sustainable revenue. Using its native token, AVAX, the platform enables the creation of interoperable blockchains for both public and private use. Here are nine projects currently live on the network: EVEN This music marketplace allows artists to release projects directly to their fans and…

According to Polymarket bettors, Ethereum (ETH) could be on the verge of losing its long-held status as the second-largest cryptocurrency by market capitalization. The latest data shows a 57% probability that the flagship will be “flipped” and lose its number two ranking by the end of the year. Just two months ago, in January, for comparison, the odds of Ethereum losing its spot sat at a mere 14%. Currently, the stablecoin giant Tether ($USDT) is the undisputed main candidate poised to overtake the smart contract platform. Ethereum’s number two spot Ethereum has never successfully surpassed Bitcoin, but it came remarkably…

Billionaire real estate mogul Barry Sternlicht said his firm, Starwood Capital Group, which manages over $125 billion in assets, is ready to begin tokenizing real-world assets but can’t move forward due to regulatory barriers in the United States. “We want to do it right now and we’re ready,” Sternlicht said Wednesday at the World Liberty Forum in Palm Beach. “It’s ridiculous that our clients can’t do it in token,” he said, referring to transacting real-world assets — like real estate — using blockchain-based tokens. Tokenization refers to converting ownership of physical assets, like real estate or art, into blockchain-based tokens…

Nine US Senate incumbents have announced they will not seek reelection ahead of this year’s state primaries. Five are Republican senators with strong records of supporting crypto legislation, while the remaining four Democrats have consistently opposed digital asset regulation. Their replacements and where those candidates stand on crypto will be critical in determining whether future digital asset legislation has a realistic chance of passing under a reshuffled Congress. Nine Retirements That Could Reshape the Crypto Agenda Crypto regulation has grown increasingly partisan in recent months. Industry lobby spending has shifted decisively toward the Republican Party— a realignment that has already…