Author: NBTC

On May 18, 2026, investors executed the largest profit-taking liquidation in the history of the $WLFI token. The network’s “age consumed” metric reached an all-time high of 17.4 trillion on the same day as the massive sell-off. The current circulating supply stands at 31.8 billion tokens out of a total supply of 100 billion. On May 18, a massive wave of profit-taking flooded the World Liberty Financial ecosystem as $WLFI holders liquidated 1.8 billion tokens. Data revealed by analytics firm Santiment indicates that this movement represents the largest realized profit event recorded by the digital asset linked to the Trump…

Liquidators overseeing Terraform Labs’ bankruptcy have unredacted the Jane Street Group lawsuit that accuses the firm of using a secret Telegram chat to profit from Terra’s $40 billion collapse. Appointed administrator, Todd Snyder, filed the lawsuit last February in a Manhattan court. It accuses Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang of using insider information to front-run transactions and profit from Terraform Labs’ fallout. Allegedly key to this was a Telegram group chat called “Bryce’s secret” set up by Pratt. The suit claims he used the group to relay information from various Terraform employees…

Decentralized perpetual futures exchanges (Perp DEXs) built on the Solana blockchain have achieved a historic milestone, with aggregate weekly trading volume surpassing $20 billion for the first time. The data, reported by Wu Blockchain, highlights a significant acceleration in activity within the Solana DeFi ecosystem. Record-Breaking Volume Driven by GMTrade The surge was most pronounced on May 18, when daily trading volume across Solana-based perp DEXs reached $5.781 billion. Leading this charge was GMTrade, a decentralized derivatives platform, which recorded approximately $4.9 billion in trading volume over a 24-hour period. This single-day performance represents a substantial portion of the weekly…

For months now the hypothesis has been circulating that the price of Bitcoin could mark new local annual lows in the coming months. This hypothesis has turned out to be incorrect from March onwards, up to today, and apparently several analysts continue to consider it unlikely. However, the discussion becomes more complicated if instead of the coming weeks we examine a longer period that runs until the end of the year. New highs or lows? A few days ago the crypto analyst CryptoZeno even revealed that long-term Bitcoin holders have issued a signal that has historically preceded every major expansion…

Amidst its bold move to bring new blockchain-enabled applications and provide a superior Web3 experience in the crypto launchpad sector, Uponly AI, a token launchpad, today announced a strategic partnership with Anome Protocol, a blockchain-based card game and on-chain asset issuance platform. This collaboration allowed Uponly to integrate Anome’s multi-chain ecosystem, hence broadening access to a more versatile and seamless cross-chain DeFi experience for its crypto launchpad users. Uponly AI is a token launchpad built on the BNB Chain, allowing new crypto projects to raise capital by selling tokens to investors before they are listed on public exchanges. Through its…

The CLARITY Act would formally treat Ethereum as a digital commodity under CFTC oversight if it becomes law, stripping the SEC of latitude to call $ETH a security and ending years of jurisdictional ambiguity. Coincidentally or not, the political class has finally admitted what the market already assumed: Ethereum is not a stock. The Digital Asset Market Clarity Act of 2025 (the CLARITY Act) is a U.S. market‑structure bill that classifies most blockchain‑native tokens, including ether, as “digital commodities” rather than securities if their underlying networks are sufficiently decentralized and functional. Under the bill’s taxonomy, digital commodities are “digital assets…

Polkadot’s parachain model is not a Layer-2 scaling solution. A parachain is a specialized blockchain that connects to the Polkadot relay chain, benefiting from shared security, interoperability, and scalability. That makes Polkadot a Layer-0 protocol, a coordination layer that sits beneath other blockchains rather than on top of them. What Is a Parachain and How Does It Connect to Polkadot? Understanding the parachain model starts with the Relay Chain, which is the backbone of the entire network. Each parachain runs its own runtime logic while the Relay Chain handles consensus, validator security, and communication between chains. Parachains are purpose-built for…

The fight over U.S. prediction markets has reached a new level of institutional confrontation. The fight is increasingly centering on federal preemption and the CFTC’s authority over event contracts. In testimony before a Senate subcommittee on Wednesday, American Gaming Association CEO Bill Miller called the CFTC a “rogue agency” and accused it of making a “mockery of congressional intent” by allowing financial exchanges to facilitate what he called “backdoor sports betting.” AGA’s Bill Miller stresses that prediction markets are operating outside the safeguards that define legal gaming in the U.S. Consumer protections, responsible gaming tools, and integrity oversight are not…

Lolli, the bitcoin rewards platform owned by Thesis*, has partnered with Kard to let its more than 600,000 users earn bitcoin automatically on everyday card purchases without browser extensions, promo codes, or checkout changes. Key Takeaways: Lolli’s 600,000 users can now earn bitcoin automatically via Kard’s card-linked offer network as of May 19, 2026. Kard’s first-party transaction data from tens of millions of cardholders gives Lolli merchants a new bitcoin-native consumer channel. Thesis* plans to connect Lolli earnings to Mezo’s 1% APR borrowing layer, deepening its circular bitcoin economy stack. Lolli Drops Checkout Friction as Kard Deal Turns Linked Cards…

Institutional crypto activity grabbed market attention again after BlackRock transferred massive digital assets to Coinbase. According to OnchainLens, the asset management giant deposited 1,587 $BTC worth $122.55 million and 17,815 $ETH worth $37.79 million into Coinbase. The move immediately sparked speculation across the crypto market. Traders now wonder whether BlackRock plans further ETF-related adjustments or liquidity operations. The latest BlackRock Bitcoin transfer arrived during a sensitive period for the crypto market. Bitcoin continues to trade near key resistance levels while Ethereum maintains strong institutional momentum. Large on-chain movements from firms like BlackRock often influence trader sentiment because they may signal…