Author: NBTC

Illia Polosukhin, co-founder of the Near Protocol, has publicly dismissed a recent community proposal to burn tokens held by the Near Foundation, labeling the move as a highly inefficient use of ecosystem resources. In a statement that has sparked discussion across the blockchain community, Polosukhin argued that simple token burns have historically failed to deliver meaningful benefits to markets or network ecosystems. Why a Token Burn Is Considered Inefficient Polosukhin pointed to examples from other Layer 1 blockchain networks that have executed foundation token burns in the past. He noted that these actions often generated short-term market excitement but failed…

A bespoke regime that splits from the European mainstream Prediction Market Regulations 2026 by the Ministry for Justice, Trade and Industry and came into force today, exempting prediction-market operators from certain provisions of the territory’s Gambling Act 2025 and placing them under a tailored set of rules instead. Nigel Feetham KC MP, Gibraltar’s Minister for Justice, Trade and Industry, called it “a bespoke regulatory regime for prediction markets, the first dedicated framework of its kind anywhere in the world.” The 24-page instrument takes what the government describes as an “activity-based and risk-based approach.” Under the rules, every event contract must…

The conversation around institutional crypto adoption has shifted from whether it will happen to what could stop it. For Bybit, one of the largest derivatives exchanges by volume, the bottleneck is no longer technology or liquidity. It comes down to trust. In the official statement, Chief Commercial Officer Yoyee Wang made the case that trust will define the next era for institutions entering digital assets. The timing matters. Walls of capital have stayed on the sidelines while heavyweights like BlackRock, Fidelity, and Franklin Templeton run live experiments with tokenized funds and spot ETFs. The missing piece has been a custody…

Polygon is building a system called AggLayer to let separate blockchains share liquidity and users without traditional bridges. Instead of forcing developers to pick one chain, AggLayer lets many Polygon-linked chains stay independent while still feeling like one connected network. The project has been live since February 2024 and remains Polygon’s main technical focus in 2026. What Problem Is AggLayer Trying To Solve? Blockchains don’t talk to each other well. A token on one chain can’t move to another without a bridge, and bridges have caused billions of dollars in hacks over the years. This fragmentation also splits liquidity and…

Grayscale recently tweeted that SpaceX is set to become the largest public company holding Bitcoin, with 18,712 BTC valued at about $1.4 billion as it approaches its early June IPO. The announcement underscores a growing trend in institutional investments in cryptocurrency, highlighting how major corporations are increasingly adopting Bitcoin as a strategic asset. This insight reflects a broader acceptance of digital currencies among public companies and can potentially influence market dynamics moving forward. What Happened The current landscape shows that Bitcoin is attracting substantial institutional investments, with significant players like Grayscale facilitating this trend. The recent tweet from Grayscale indicates…

A publicly-traded children’s tutoring company has reinvented itself three times over the past year, pivoting from online education to Solana treasury management, then AI datacenter operations, and eventually, HyperLiquid yield farming. Unfortunately, it dwindled to a penny stock in the process. Shareholders have paid for every cringeworthy bandwagon hop. Its stock is down 99.9% over the past 12 months. KIDZ AI is a Nasdaq-listed edtech curiosity formerly known as Classover Holdings. In 2025, it offered some sort of online, K-12 afterschool program. As of yesterday, it’s planning to farm stablecoins in the Hyperliquid ecosystem. Every bizarre pivot arrived with a…

In the cryptocurrency market, $FTT experienced a brief but sharp rise following rumors of an amnesty circulating ahead of the 250th anniversary of the founding of the United States and Independence Day on July 4th. Rumors circulating in the market suggest that the White House is considering a proposal to grant presidential pardons to 250 people as part of the 250th anniversary celebrations. These rumors quickly translated into interpretations of the “pardon concept” within the cryptocurrency community, and the $FTT token, formerly associated with the FTX exchange, was also affected by these speculations. Related News BREAKING: U.S. President Donald Trump’s…

The U.S. government transferred nearly $297 million in seized Bitcoin and Ether to Coinbase Prime on Monday, according to blockchain data. The move renewed questions about how federal agencies plan to handle crypto covered by President Donald Trump’s reserve policy. The transfers included about 3,940 $BTC worth roughly $244 million and around 30,000 ETH valued near $53 million at the time. Arkham’s government wallet tracker recorded the movements, although changing market prices can alter their dollar value. Seized Bitcoin and Ether reach Coinbase Prime Galaxy Research head Alex Thorn linked the Bitcoin to seizures involving Ryan Farace, known online as…

Bitcoin mining is looking less like a wide-open competition and more like a tight club. A CryptoSlate partner article published on 07/08/2026, citing miningpoolstats.stream data as of 06/23/2026, says Foundry Digital, AntPool, ViaBTC, and F2Pool together account for more than 70% of the network’s hashrate. The shift is fueling what the coverage calls a “two-tier market,” with the biggest pools increasingly tuned for institutional clients while independents and mid-size operators get squeezed. Some smaller miners are already quietly reconsidering where they point their machines, especially as ViaBTC faces added regulatory scrutiny in 2026. Bitcoin mining is often talked about like…

JPMorgan has completed the tokenization of the Invesco QQQ Trust in a live transaction, another step in Wall Street’s efforts to integrate blockchain technology into traditional financial markets. The Depository Trust & Clearing Corporation (DTCC) said the transaction was completed using existing market infrastructure, allowing tokenized securities to be processed within the current financial system. “JPMorgan successfully completed an equity token conversion involving the Invesco QQQ Trust (QQQ), offering a practical example of tokenization at work within trusted market infrastructure,” DTCC said in a post on X. The transaction is part of a broader push by financial institutions to explore…