Author: NBTC

After FTX vanished with billions in customer money, “proof of reserves” became the phrase every exchange started using. This guide explains what it really proves, what it quietly leaves out, and how to tell a meaningful attestation from a marketing badge. Table of Contents The problem proof of reserves is trying to solve The two halves: assets and liabilities How Merkle-tree proof of reserves works The zero-knowledge upgrade The limitations every user must understand Why auditors and skeptics both have a point A cautionary tale that proves the point Proof of reserves versus a real audit How to read an…

IB1T’s rise could reshape Europe’s battle for institutional Bitcoin capital — and the numbers arriving this week make that case impossible to dismiss. BlackRock’s iShares Bitcoin ETP (IB1T) crossed $1.1 billion in assets under management as of May 1, 2026, holding approximately 14,200 $BTC across major European exchanges including Euronext Amsterdam, Euronext Paris, and Xetra Frankfurt. In just over a year since its March 2025 launch, IB1T has become one of the fastest-growing Bitcoin investment products in Europe. The institutional appetite it represents is no longer a U.S.-only story. Europe Finally Has Its Own Regulated Bitcoin On-Ramp IB1T is physically…

Cryptocurrency market outflows reflect a sentiment shock, as geopolitics, rate expectations and capital rotation into artificial intelligence weigh on digital assets, according to James Butterfill, head of research at CoinShares. In a statement sent to Cointelegraph, Butterfill said that sentiment in crypto markets has “soured drastically” after billions of dollars flowed out of digital asset investment products in recent weeks. “This is a pure sentiment shock rather than a structural break,” Butterfill said. Butterfill added that the correction was being driven primarily by geopolitics, with uncertainty around the Iran conflict weighing on the outlook for interest rates. He said expected…

Cyber Capital founder and CIO Justin Bons has criticized Cardano founder Charles Hoskinson over his proposed plans to migrate the $ADA community to a dedicated Discord server. The proposal to migrate the Cardano community from X to a dedicated Discord server has sparked fresh controversy, drawing criticism from prominent industry figures while gaining support from members who believe it could improve governance discussions. Cyber Capital Founder Calls for Hoskinson’s Removal Among the most vocal critics is Cyber Capital founder and CIO Justin Bons, who has criticized Hoskinson over the initiative. Bons described the proposed Discord migration as the “final straw,”…

Cryptocurrency exchange Bybit has announced that it will list CAP for spot trading on June 26 at 1:00 p.m. UTC. The listing adds a new trading pair to the platform, expanding Bybit’s spot market offerings for users seeking access to emerging digital assets. What is CAP and Why Does This Listing Matter? CAP is a relatively new cryptocurrency token that has been gaining attention within decentralized finance and Web3 communities. While specific project details remain limited in mainstream coverage, the token’s listing on a major exchange like Bybit typically signals increased liquidity, broader investor access, and potential price discovery. Bybit’s…

Since last week, all licensed Bitcoin miners in Oman are required to join Omanhash.om, a newly launched government-backed Bitcoin mining pool. The project kicked off on June 17 under the supervision of the country’s Ministry of Transport, Communications, and Information Technology (MTCIT). Under the new framework, all licensed Bitcoin miners must channel their hashrate through what is now the country’s official mining pool. Frontier Technologies manages the operations, and Enegix Global handles the tech and liquidity. With this, Oman’s government has a clear view of most of the country’s mining activity. It’s worth noting that the government doesn’t directly own…

US-based equipment finance platform Trad.Fi announced plans to bring up to $650 million in private credit onchain over the next 48 months. The initiative targets one of the largest and least digitized credit markets in the US, the trillion-dollar industry funding manufacturing equipment, industrial systems and residential solar installations, according to an announcement shared with Cointelegraph. Trad.Fi said the $650 million is not deployed capital but a credit pipeline that will be minted onchain, backed by committed senior credit facilities and signed Letters of Intent from anchor borrowers. The company said it currently has about $85 million in signed term…

On-chain analytics firm Santiment has reported a sharp increase in Uniswap ($UNI) network activity following a $100 price target issued by Standard Chartered, a traditional financial institution. The data, cited by BeInCrypto, reveals that active Uniswap addresses have climbed to a four-month high, while whale transactions—large transfers typically associated with institutional investors—have reached a seven-month peak. Network Activity Metrics Signal Renewed Interest Santiment’s analysis shows that the creation of new $UNI wallet addresses also recorded its largest single-day increase since late December. This combination of rising active addresses, whale transactions, and new wallet creation suggests a broad-based uptick in engagement…

The Federal Bureau of Investigation (FBI) and the Department of Justice (DOJ) are urging victims of the infamous OneCoin international crypto fraud scheme to submit their claims. Victims whose investments resulted in a net loss must apply for compensation via the DOJ’s specialized remissions program by June 30. The DOJ officially opened the remissions process and launched its dedicated portal to allow individuals who purchased OneCoin between 2014 and 2019 to formally file petitions. Filing a petition does not guarantee financial compensation. The ancient OneCoin scam The notorious scam saga originated in Bulgaria all the way back in 2014. It…

Coinbase, one of the largest cryptocurrency exchanges in the United States, has announced its intention to list the spot market for CAP, a digital asset that has been gaining attention among traders. The exchange confirmed the development but did not provide a specific timeline for when trading will begin. What the Listing Means for CAP The announcement marks a significant milestone for CAP, as listings on major regulated exchanges like Coinbase often lead to increased liquidity, broader investor access, and greater market visibility. For Coinbase users, the addition of a spot CAP trading pair provides a direct way to buy…