Author: NBTC

Digital bank Fasset raised $51 million to expand its stablecoin-powered banking platform, the latest sign that fintech firms are increasingly building financial services on blockchain rails instead of traditional payment networks. The Los Angeles-headquartered company said Thursday the Series B round included investors such as Japan’s SBI Group, Investcorp and Turkish asset manager Arz Portföy. The firm did not disclose the valuation the investment happened. The startup operates a banking and payments platform spanning more than 50 corridors across Asia, Africa and the Middle East, using stablecoins to move money across borders faster and at lower cost than traditional banking…

In a significant on-chain move, the deployment address behind the Pudgy Penguins ecosystem transferred 100 million $PENGU tokens to multiple exchanges approximately six hours ago, according to blockchain analytics platform EmberCN. The transaction was part of a larger outflow totaling 137 million $PENGU, valued at roughly $1.5 million at the time of transfer. Details of the Transfer Data from EmberCN indicates that the tokens were sent to several exchanges, with OKX identified as one of the primary recipients. The remaining 37 million $PENGU from the total outflow was directed to other platforms, though specific destinations have not been fully disclosed.…

Decentralized cryptocurrency exchange Aster ($ASTER) has introduced perpetual futures trading pairs for Bitcoin ($BTC) and Ethereum ($ETH), denominated in the U stablecoin from United Stables. The listing is the first to receive approval through Aster’s validator-based voting system, marking a notable step in the exchange’s governance evolution. First Validator-Approved Listing The decision to list the $BTC/U and $ETH/U perpetual futures pairs was not made by a centralized team but through a vote among Aster’s network validators. This approach underscores the exchange’s commitment to decentralized governance, allowing stakeholders to directly influence product offerings. The U stablecoin, issued by United Stables, is…

Bitcoin was created as a response to the kind of debt-financed monetary disorder now playing out across global bond markets. The original thesis was that when governments borrowed recklessly and debased their currencies, hard-money assets would absorb the resulting demand. What that thesis left unresolved is the possibility that the debt spiral could tighten financial conditions strong enough to suppress speculative assets before the hard-money argument has time to play out. In 2026, the long-term narrative and the short-term mechanics are running in opposite directions, and understanding why requires spending a few minutes with the most consequential number in global…

Turnkey has raised $12.5 million in a strategic investment round backed by Archetype, Circle Ventures and existing investors, bringing its total funding to more than $65 million. Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, Sequoia Capital and Variant also participated. The raise follows Turnkey’s $30 million Series B, led by Bain Capital Crypto last year, and its $15 million Series A, led by Lightspeed Faction and Galaxy Ventures in 2024. Turnkey builds wallet and key-management infrastructure for crypto applications. The company said the new capital will support development of Turnkey Verifiable Cloud, a secure computing product for digital assets and…

A newly created anonymous cryptocurrency address has realized a profit of approximately $443,000 after trading the Ethereum-based memecoin SATO, according to blockchain analytics firm Lookonchain. The address spent 34.7 ETH, valued at roughly $81,400 at the time of the transaction, to purchase 375,046 SATO tokens. Trade Details and Market Reaction Blockchain data shows that the address was created shortly before the purchase, a pattern often associated with traders attempting to capitalize on early-stage memecoin volatility. The price of SATO has surged more than 400% over the past 24 hours, driving the value of the trader’s holdings significantly higher. While the…

Donald Trump has announced via his social media site, Truth Social, that he will be elevating William J. Pulte, the current director of the Federal Housing Finance Agency (FHFA) and the chairman of Fannie Mae and Freddie Mac, to acting Director of National Intelligence (DNI). Pulte will apparently retain his posts at the FHFA and Fannie Mae and Freddie Mac alongside his new role. The DNI position was created during George W. Bush’s administration and was meant to unify and oversee the disparate parts of the United States Intelligence Community (IC). This position was last held by Tulsi Gabbard, who…

Revolut customers Italy banking has taken a noticeable step deeper into the country’s financial mainstream. The company says it has now surpassed 5 million customers in Italy, a milestone that also places Revolut as the fifth bank in Italy by number of customers. That matters because this is no longer just a story about a popular payments app picking up users. In Italy, Revolut is increasingly being used for the routines that define a real banking relationship: salary deposits, savings, tax payments, household money management, and business finance. The shift is showing up in the numbers. Italian users processed more…

Bitcoin is trading in a volatile but technically fragile range on Saturday as bearish pressure from Friday evening’s whiplash continues to dominate higher time frames despite selective short-term recovery attempts. Traders are monitoring whether the leading crypto asset can stabilize above the critical $74,000 support zone after a sharp retreat from recent highs near $82,833. Key Takeaways: Bitcoin fell below $77K on Friday evening as traders on Saturday now defend the $74K support zone. Chart data shows 13 moving average sell signals impacting bitcoin sentiment. Bitcoin bulls need to reclaim above $76.5K–$77.5K to weaken bearish momentum. Bitcoin Chart Outlook Bitcoin…

Ethereum ($ETH) briefly plunged below the $2,000 threshold this week for the first time since March 29. While the price has since stabilized and is currently trading near $2,002, it still remains almost 60% below August’s high of nearly $5,000. But data suggest that $ETH’s largest whales are accumulating again $ETH Whales Tighten Grip on Supply Wallets holding at least 100,000 Ethereum now collectively own 17.41 million $ETH, the highest level in nine weeks. These holdings account for 22.03% of Ethereum’s total supply and mark a 10-week high. The latest findings come after Santiment reported that the asset’s fall below…