Author: NBTC

Sorted Wallet, a cryptocurrency wallet designed for feature phones and low-bandwidth environments, has raised $4.4 million in a seed funding round. The investment was led by Tether and Gnosis, with participation from Movement, Angel Invest, and several other backers, according to a report by The Block. The company plans to use the capital to scale its operations in South Africa and South Asia, two regions where smartphone penetration remains limited but mobile money usage is high. Targeting the Unbanked Through Simple Design Sorted Wallet distinguishes itself from mainstream crypto wallets by focusing on usability on basic mobile devices. Many users…

An anonymous whale named Mk4, trading on the cryptocurrency and derivatives trading platform Hyperliquid, lost approximately $400,000 due to an erroneous order in gold trades. The incident occurred when the investor attempted to initiate a TWAP order with the “reduce only” option to reduce their existing GOLD long position. According to reports, Mk4 only held a few hundred thousand dollars worth of GOLD long positions. However, it mistakenly sent a TWAP order to open a short position of 24,000 GOLD, worth approximately $109 million, for the next 50 minutes. It is stated that approximately 17,600 GOLD, or about $80 million,…

Investment bank TD Cowen analyst Jaret Seiberg says the chances of the U.S. passing its biggest crypto regulation bill, the CLARITY Act, are fading. And it is now becoming increasingly unlikely to pass this year as political tensions in Washington continue to rise. Here are some of the reasons why Jaret Seiberg says so. Why the CLARITY Act Is Becoming Harder to Pass TD Cowen analyst Jaret Seiberg warned that the political environment around the bill is becoming increasingly difficult, especially for Democrats. One of the biggest issues involves the growing pressure to add conflict-of-interest rules that would prevent the…

For most of Pi Network’s history, the same question has dominated community discussion: when do the biggest exchanges list PI? The answer has been arriving in pieces. Kraken began spot trading on March 13, 2026. OKX opened US access three days ago. Coinbase has said nothing. Binance ran a community vote in early 2025 and never acted on it, and the reasons why are now becoming clearer. Each major exchange has different requirements, and Pi sits differently against each one. This is what’s actually happening, and what would have to change for the last two big names to follow. What’s…

Solana-based memecoin launchpad Pump.fun has officially launched a multichain trading feature, allowing users to trade assets across several major blockchain networks using a single wallet. The company announced the update via its official X account, marking a significant expansion beyond its native Solana ecosystem. What the multichain feature enables The new functionality lets traders interact with assets built on Ethereum, Base, $BNB Chain, and other supported blockchains directly from the Pump.fun application. By consolidating cross-chain trading into one interface, the platform aims to reduce friction for users who previously had to manage separate wallets and bridges to access tokens on…

Peter Schiff, chief economist and global strategist at Europac, has raised the alarm over Strategy Inc.’s (NASDAQ: MSTR) plan to use some of its cash reserves to retire part of its debt. On May 26, Schiff raised his concerns after Strategy used $1.38 billion in cash reserves to repurchase $1.5 billion worth of convertible notes due in 2029. With Strategy now holding a cash reserve of approximately $871 million, Schiff questioned whether it has enough capital to sustain its aggressive Bitcoin ($BTC) accumulation plan. “You’re running out of cash. What will you sell next to keep the wheels from falling…

Ethereum has come under renewed selling pressure after failing to reclaim a key dynamic resistance cluster around the 100-day moving average and the lower boundary of the previous consolidation range. While the broader market remains under pressure, $ETH is now approaching a critical support region where short-term reactions may emerge. However, unless buyers quickly reclaim lost levels, the path of least resistance appears tilted toward further downside continuation. Ethereum Price Analysis: The Daily Chart On the daily timeframe, $ETH faced a strong rejection from the confluence of the 100-day moving average near the $2.1K-$2.15K region and the broken wedge support…

Tether and Gnosis have participated in a $4.4 million seed round for Sorted Wallet as the crypto firms continue expanding stablecoin payment infrastructure across emerging markets. According to an announcement shared by Sorted Wallet, the round included $3.4 million in equity funding led by Tether and Gnosis, alongside participation from Movement, Angel Invest Group, and several angel investors, including the founders of RWA.io. Vox Solutions also contributed $1 million in strategic support as part of the funding package. We are happy to share that Sorted has raised $4.4M in seed funding 💙The round is led by @tether and @gnosis_, with…

The Sui blockchain just delivered another major milestone for the crypto market. USDSui, the network’s native stablecoin, crossed the $75 million market cap mark in less than two months after launch. That growth shocked many traders because stablecoins usually take longer to gain liquidity and user trust. However, the Sui ecosystem expanded rapidly during recent months, and investors now see the network as one of the fastest-growing DeFi chains in crypto. The latest rally also pushed USDSui into the position of the second-largest stablecoin on the Sui network. Developers, liquidity providers, and traders continue moving capital into Sui because the…

Tennessee Gov. Bill Lee has signed two gambling-related bills on the final day of his decision window, banning online sweepstakes casinos and creating a new Class E felony for prediction market manipulation. The dual signing makes Tennessee the seventh U.S. state to outlaw sweepstakes casino operations and one of the first to criminalize the manipulation of prediction market contracts. Key Takeaways: SB 2136 bans virtual, dual, and multi-currency online sweepstakes casino games; SB 1992 makes prediction market manipulation a Class E felony. Tennessee becomes the seventh U.S. state to outlaw sweepstakes casinos, joining California, Connecticut, New Jersey, New York, Montana,…