Author: NBTC

Iran has seen a rise in stablecoin usage as its currency continues its steep decline this week as it dropped to trading at 1.42 million against the United States dollar before recovering slightly to around 1.38 million. The collapse erased household savings and pushed the prices of essential goods higher. According to reports, inflation rose to 42.2% year over year in December, while food prices and health-related costs climbed to 72% and 50%, respectively. The reports have worsened public frustration amid fears of hyperinflation. Demonstrations have expanded across several areas in Tehran and some major cities. Shopkeepers near the Grand…

Changpeng Zhao uses X to slam scapegoating, telling traders to own their risk as Bitcoin, Ethereum and $BNB prices slide across the market. Summary Changpeng Zhao says critics “make stuff up” about Binance and must “take responsibility” for their own trades.​ He argues compliance flags and police cases, not social media outrage, decide when funds are frozen or released.​ Community voices frame the backlash as noise while $BTC, $ETH and $BNB trade lower, testing sentiment around Binance’s ecosystem. Binance’s co‑founder is done playing scapegoat. On X, Changpeng “CZ” Zhao fired back at critics, insisting that users—and the media—have to stop…

The Aave Chan Initiative, one of the most active governance groups inside the Aave DAO, announced its shutdown after a dispute over transparency and voting power tied to a record budget request from Aave Labs. Marc Zeller, founder of ACI, announced that the eight-person team will not seek renewal of its contract and will wind down operations over the next four months. The group plans to continue participating in governance during that period while handing off infrastructure and open-sourcing its tools. The exit marks a turning point for Aave, the leading decentralized finance protocol with nearly $27 billion in total…

Ethereum’s validator queue has surged to unprecedented levels as large investors, including corporates and crypto exchanges, rush to stake the token rather than sell into recent market rallies. Roughly 3.4 million $ETH is now waiting to enter Ethereum’s validator set, creating a backlog estimated at about 60 days, according to data from ValidatorQueue.com. The figure marks a sharp rise from roughly 904,000 $ETH in early January, underscoring a wave of demand for staking across the network.  The buildup suggests that some of the market’s largest players are choosing to lock up supply for yield, a move analysts say reflects…

Key Takeaways PwC has shifted its strategy to more actively engage in the crypto space. The move comes as the Trump administration has embraced crypto through executive orders and policy initiatives aimed at supporting the industry. PwC is expanding its digital assets practice in response to regulatory developments under the Trump administration, which have brought greater clarity to the fast-growing sector. PwC’s US leader, Paul Griggs, told the FT that measures such as the Genius ACT and new SEC rulemaking have given companies confidence to adopt digital assets, opening consulting and audit opportunities that PwC believes it must serve. He…

Bitcoin (BTC) and altcoins have been in a long-term downtrend, and fear dominates the market. At this point, according to the fear and greed index, the market is in the extreme fear zone with a score of 9, and Binance co-founder and co-CEO Yi He stated that the cryptocurrency market has entered an extreme fear phase. In a comprehensive statement from account X, Yi He said the market would rebound once the climate of fear and uncertainty (FUD) dissipates. Yi He stated that investor confidence has decreased due to the widespread fear, uncertainty, and doubt (FUD) in the cryptocurrency market.…

1inch rolled out a major set of upgrades today, bringing a cleaner trading experience, a renamed advanced interface and a measurable bump in swap speed across its infrastructure. The changes, centered on a newly introduced Trade Mode, the rebranding of Pro to 1inch Terminal, and backend execution improvements, are the product team’s response to user data and community feedback collected since last year’s redesign of 1inch.com. The new Trade Mode aims to marry professional workflows with greater clarity. Rather than crowding advanced features into a single crowded page, Trade Mode presents a structured interface that highlights execution settings and trade…

Ethereum co-founder Vitalik Buterin is calling on the blockchain’s community to rethink its ultimate purpose, urging developers to abandon the pursuit of Big Tech “shininess” in favor of building a refuge against growing global authoritarianism and corporate overreach. “Do not try to be Apple or Google, seeing crypto as a tech sector that enables efficiency or shininess. Instead, build our part of the sanctuary tech ecosystem,” he said. Buterin outlined his concerns regarding “the way the world is going,” citing government surveillance, tech monopolies, and social media manipulation. Most notably, he expressed deep frustration that Ethereum has not played a…

Despite all the geopolitical tensions, the cryptocurrency market is set to close the week with a very strong 5% increase, led by Bitcoin. The world’s largest cryptocurrency, contrary to expectations, has not experienced any decline following the historic events between the US and Venezuela, and is currently trading above $91,000. However, the new week should be closely watched as numerous economic developments and altcoin events are expected. Here is the weekly cryptocurrency calendar we have specially prepared for you at Bitcoinsistemi.com. (All times are given in UTC+3 Turkish time) Monday, January 5th CHZ – PEPPER DAO voting is starting. BGB…

Kraken sacked its chief financial officer, Stephanie Lemmerman, just as the crypto exchange prepares to publicly list in the U.S. in the early part of this year, according to two people familiar with the matter. Lemmerman joined Kraken from Dapper Labs in November 2024 and was the exchange’s CFO for one year and four months. She now has a strategic advisory role at Kraken, one of the people said. Robert Moore, formerly VP of business expansion, has basically taken over her job, the person said. An updated leadership page on the website of Kraken’s parent company, Payward Inc., lists Moore…