Author: NBTC

Ethereum price is facing a period of increased scrutiny as on-chain data reveals significant selling pressure originating from its co-founder, Vitalik Buterin. Summary On-chain data from Arkham Intelligence reveals that Vitalik Buterin’s associated wallets saw a steady decline from 241,000 $ETH to 224,000 $ETH in February. The sales were executed through the CoW Protocol using small, staggered swaps to minimize market impact. Ethereum is currently battling to maintain the $1,900 level; while the RSI suggests it is in oversold territory, the price remains firmly below its 50-day SMA ($2,538), with major support now sitting at $1,800. According to data from…

Paramount Skydance has agreed to acquire Warner Bros Discovery in a $110 billion deal signed Friday morning, capping a high-profile bidding battle that drew in Netflix. According to an internal townhall reviewed by Reuters, Warner Bros executives confirmed that Netflix had the legal right to match Paramount Skydance’s offer but ultimately declined. That decision cleared the way for a signed agreement with PSKY. Paramount Skydance shares surged nearly 20% on the news, while Netflix climbed 13% as investors welcomed its decision to withdraw from the takeover race. Paramount’s latest bid of $31 per share was deemed superior to Netflix’s $27.75…

The Office of the Comptroller of the Currency published its proposed rulemaking to regulate stablecoins under the GENIUS Act, sparking questions about whether it was banning yield payouts from crypto companies. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative The Office of the Comptroller of the Currency (OCC), a federal banking regulator, published a notice of proposed rulemaking pursuant to the GENIUS Act explaining how it might oversee stablecoins. Most of it appears straightforward, but the portion addressing yield seems ambiguous, and…

Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin, Spanish business newspaper Cinco Días reported Monday. The group, including banks such as ING, UniCredit, and the recent addition of BBVA, is moving toward the launch of a stablecoin in the second half of 2026, Cinco Días reported. The consortium is now reportedly in advanced discussions with crypto exchanges, market makers and liquidity providers. The shareholder banks themselves will also be able to distribute the stablecoin. The news comes months after the banks first announced the consortium…

Stablecoin activity has shifted over the past year, with Base emerging as the busiest L2 chain. Driven by trading and DeFi, Base has left other L2s behind. Base is another fast-growing hub for stablecoin transfers. The chain is carrying $USDC, one of the most active stablecoins in the past year. As Cryptopolitan reported earlier, Solana also saw a breakout of stablecoin activity, signaling users appreciated fast networks with low fees, as well as user-oriented apps. The shift to stablecoin usage indicates chains are returning to financial infrastructure, after abandoning previous narratives. The supply of $USDC and other stablecoins reached a…

HypurrFi, a lending market on Hyperliquid’s HyperEVM supporting both pooled and isolated markets, has exposed a rounding vulnerability within the Aave V3 core code prior to 3.5, putting a hold on XAUTO and UBTC markets to ensure the safety of user funds. The news comes in as Aave Labs published a detailed report on the success of the V4 upgrade, stating that after a year of testing, no critical vulnerabilities were found. So while the progress of the V4 upgrade is interesting, there remains lingering doubt due to an apparent bug currently in the protocol, housing $26.5 billion in user…

The Ethereum Foundation (EF) has publicly released a new roadmap called “Strawmap” (strawman + roadmap) that brings together the long-term vision for the Ethereum mainnet in a single framework. The document, announced by EF Protocol researcher Justin Drake, is a comprehensive and technical resource specifically designed for researchers, developers, and governance stakeholders. Drake stated, “Strawmap aims to provide a holistic view of Ethereum Layer 1 (L1) upgrades. It’s not a guess; it’s a coordination tool that outlines a reasonable and consistent path from millions of possible outcomes.” Strawmap takes a holistic approach to Ethereum’s L1 (mainnet) upgrades, not limiting the…

Andrew Webley, CEO of The Smarter Web Company, shared a detailed weekly update outlining two major strategic moves. In his post, Webley highlighted the firm’s first acquisition, Squarebird and the launch of a new $30 million credit facility with Coinbase. This week we were pleased to announce two significant developments. I also spent several days in Las Vegas attending Strategy World, where I had the opportunity to meet a wide range of high-quality participants.I committed at the start of the year to be selective with travel so… https://t.co/NVND7hKa64 — Andrew Webley (@asjwebley) February 28, 2026 The update came after he…

The Federal Reserve is facing a growing policy crossroads as crypto firms and traditional banks clash over a proposal that could reshape access to the U.S. payment system. At the center of the debate is a narrowly designed Federal Reserve account that would allow certain non-bank financial firms to settle payments directly in central bank money, without granting them the full privileges of a bank. However, the proposal has triggered a sharp divide. Crypto and fintech groups argue the move would modernize payment infrastructure and reduce dependence on a handful of large banks. Banking trade associations, on the other hand,…

Crypto outflows from Iran’s largest exchange jumped 700% within minutes of the first U.S.-Israeli airstrikes on Tehran, blockchain analytics firm Elliptic said in a Monday blog post. Elliptic said transaction volumes leaving Nobitex spiked almost immediately after the strikes, suggesting a rush to move funds offshore. Initial blockchain tracing indicates the crypto was sent to overseas exchanges that have historically received significant inflows from Iran. The activity “potentially represents capital flight from Iran that bypasses the traditional banking system,” according to Dr. Tom Robinson, Elliptic’s co-founder and chief scientist. Over the weekend, coordinated U.S. and Israeli airstrikes struck multiple targets…