Author: NBTC

The $USDAI project, represented by the $CHIP token, has executed a buyback of 338,806,273 $CHIP tokens, equivalent to 3.39% of the total supply, as announced on its official X account. This latest repurchase brings the cumulative buyback volume to 3.71% of the total supply, signaling a continued effort to reduce circulating tokens. Buyback Details and Tokenomics Impact Token buybacks are a mechanism used by cryptocurrency projects to reduce the total circulating supply, potentially increasing scarcity. For $USDAI, this strategy aims to support token value over the long term by decreasing the number of tokens available on the open market. The…

Chicago Mercantile Exchange (CME) Group is marking the one-year anniversary of its $XRP futures suite with a significant milestone. It has reported nearly $63 billion in notional volume since the product’s launch. The world’s largest financial derivatives exchange has stressed that the alternative asset enjoys “undeniable momentum.” By the numbers According to official exchange data collected through May 15, the CME’s first year of $XRP futures trading generated massive institutional engagement. This product has logged $62.87 billion in notional volume, with the total number of traded contracts surpassing 1.3 million. The average daily volume currently stands at $238 million. Expanding…

XBIT, a prominent decentralized crypto exchange, has partnered with FOGNET, a blockchain network that integrates real estate, DeFi, and K-POP. The partnership aims to bolster the adoption of blockchain technology across the RWA and entertainment sectors while creating unique opportunities to increase community engagement. As per XBIT’s official social media announcement, the development will accelerate the development of accessible and transparent financial networks led by Web3 technologies. So, with this initiative, both companies focus on diving into innovative utilities that link real-world economic operations with digital assets. 🤝 XBITDEX × @FOGNET2024We’re excited to announce our partnership with FOGNET — a…

Key takeaways The Fed is not expected to change interest rates soon, but global rate hikes are anticipated. Commodity prices like oil and natural gas are driving inflation expectations. Rising commodity prices act as a tax on consumer spending. Geopolitical risks, such as the Iran-US-Israel conflict, are not fully priced into risk assets. Supply chain disruptions in the energy sector take longer to resolve compared to other industries. Countries that import oil are vulnerable to price spikes due to currency fluctuations. Geopolitical conflicts add market uncertainty beyond typical economic analysis. Bitcoin is showing signs of seller exhaustion, suggesting potential price…

New federal filings reveal that Trump and the GOP have amassed a historic $1.2 billion cash stockpile. Crypto executives have played a major role in funding the Republican war chest for the November midterms. Professor Jayati Ghosh of the University of Massachusetts Amherst has warned that the Trump administration is pursuing a “self-destructive” strategy that weakens the U.S. dollar. Is crypto deregulation helping America’s enemies? Professor Jayati Ghosh of the University of Massachusetts Amherst, writing in the Bangkok Post, explains that the Trump administration’s push to deregulate crypto markets, paired with the promotion of dollar-pegged “stablecoins” via the GENIUS Act,…

Pi Network co-founder Chengdiao Fan used her recent appearance at the Consensus 2026 in Miami to explain how Pi Network plans to move away from the typical crypto model focused mainly on speculation and token fundraising. During her keynote, Fan said the crypto industry still suffers from “too much value extraction without equivalent value creation,” arguing that many projects raise capital first but fail to deliver meaningful utility afterward. “There are tokens used mostly for raising capital without actual product innovation,” Fan said. “People have too easy and immediate access to capital without actually doing the hard work to finish…

Bithumb and Coinone, two leading cryptocurrency exchanges in South Korea, announced that they have added Map Protocol’s native token, MAPO, to their delisting watchlist. The exchanges stated that the decision was made due to security concerns. Both platforms announced that a security breach had been detected in the wallet infrastructure to which MAPO is connected, or in the distributed ledger system where the token is issued and stored. According to the statements, while it is believed that the incident may be related to a cyberattack or hack, the source of the incident has not yet been fully confirmed, and it…

Chun Wang, the Chinese-born Maltese-Kittitian crypto investor who co-founded F2Pool, has been named Mission Commander for SpaceX’s first commercial human spaceflight interplanetary mission to Mars, crucial to Elon Musk’s plans to send one million people to the Red Planet. Wang, whose mining pool controls roughly 11.3% of the global Bitcoin network hashrate and whose personal bitcoin assets are estimated to exceed $300 million, will take a two-year leave from his current role securing digital ledgers to leading humanity’s next frontier in deep space. The SpaceX announcement comes as the company owner Elon Musk’s aggressive plans to colonize the Red Planet…

Real, a Layer 1 blockchain focused on institutional-scale real-world asset tokenization (RWA), has signed a Memorandum of Understanding (MoU)) with iExec, a confidential computing infrastructure provider, to explore privacy-preserving infrastructure for tokenized assets. The collaboration will assess how institutional RWA issuance, distribution, and on-chain financial operations can be executed while maintaining confidentiality and enabling compliance and auditability. Real supports the full lifecycle of tokenized assets, including onboarding, verification, risk assessment, settlement, and asset management. iExec provides confidential computing through Trusted Execution Environments, including Intel TDX, and its Nox Protocol, which enables encrypted data processing, confidential smart contract execution, selective disclosure,…

Anthony Scaramucci, a well-known figure in the cryptocurrency world, made striking statements about the future of Bitcoin and digital assets during a program he participated in. Scaramucci notes that the current pullback looks frightening but is consistent with historical cycles, and he believes the market is near its bottom. Scaramucci described the sell-off that followed Bitcoin’s break above $100,000 as a “self-fulfilling prophecy.” He noted that many early whales believed in the four-year cycle and began profit-taking upon seeing the six-figure numbers, adding that these sales were offset by institutional buying. He further stated that the decline could have been…