Author: NBTC

Republican Senator Cynthia Lummis offered is pushing one of the key decentralized finance (DeFi) provisions in the Senate’s overall market structure bill as its own text, alongside with Democrat co-signer Ron Wyden, as the crypto industry and its Washington lobbyists wait Monday for the unveiling of the new draft. Crypto’s DeFi sector has repeatedly said it’s non-negotiable that the market structure legislation protects software developers that don’t control people’s money from treatment as money transmitters. While there was a section of an earlier Senate draft that shielded those developers, that’s been back on the negotiating table. Meanwhile, Lummis and Wyden,…

According to data from DefiLlama, perpetual DEXs processed over $1 trillion in trading volume last month, extending a three-month streak of volumes above $1 trillion that began in October 2025. October recorded the highest trading volume across perpetual DEXs, with approximately $1.4 trillion. The second half of 2025 recorded over $5 trillion in volume compared to roughly $2.1 trillion in the first half. October generated the highest volume, accounting for roughly $1.4 trillion based on on-chain data, followed by November and December, both of which recorded volumes above $1 trillion. The second half’s volumes accounted for approximately 73% of the…

Cache Wallet, a multi-chain security-focused crypto wallet, has partnered with AltLayer, a cutting-edge blockchain infrastructure platform. The partnership aims to advance AI-led applications on the L2 ecosystems of Bitcoin. As Cache Wallet mentioned in its official social media announcement, the development intends to combine its recovery-focused wallet architecture and the purpose-built Bitcoin L2 for broader Ai adoption. Additionally, the move endeavors to decrease barriers for builders and users entering the Bitcoin, AI, and Web3 convergence space. Partnership Announcement 📣 🚨@CacheWallet × @AILayerXYZCache Wallet is collaborating with AILayer, the first Bitcoin Layer 2 built to support the mass adoption of AI…

While Kevin Hassett’s name has emerged as a leading candidate for the Fed chairmanship, it has been alleged that his nomination has faced objections from high-ranking officials close to President Donald Trump. According to sources familiar with the matter, Hassett’s candidacy, once considered almost certain by the markets, has come under scrutiny in recent weeks. Sources indicate that Hassett, the White House National Economic Council Director, is seen as being too close to Trump, causing unease in some circles. This could explain the cancellation of some interviews with candidates scheduled for early December and the later reconsideration of discussions with…

SEC Chair Paul Atkins has confirmed that the Senate is preparing to take up a crucial bipartisan bill this week. The bill is designed to end the regulatory “uncertainty” that has plagued the digital asset industry for years. In a recent interview, Atkins outlined a bullish roadmap for 2026, making it clear that the administration is moving quickly to fulfill its promise of making the United States the “crypto capital of the world.” SEC vs. CFTC The upcoming legislation aims to finally settle the jurisdictional competition between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).…

Bitcoin and altcoins had a good start to 2026, but then experienced a pullback. While BTC and most altcoins struggled to break through key resistance levels, whales continued to make significant transactions. According to Lookonchain’s report, a whale who opened long positions in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP is currently $9.4 million in profit. Lookonchain said this whale is known in the market as a “whale who sold 255 BTC to open a short position.” Accordingly, the giant whale’s long positions are as follows: “1,210 BTC (worth $109.5 million)32,474 ETH (worth $100.6 million)503,778 SOL (worth $69.9 million)14.26…

Mind Network has announced the groundbreaking entry of x402z, the first Agent-to-Agent (A2A) privacy payment solution. The primary purpose of this addition is to enable a seamless, privacy-first artificial intelligence (AI) economy with ZAMA (Z). Mind Network is a blockchain infrastructure project building a Zero Trust Internet Protocol (HTTPZ) for the protection of encrypted data across Web3, AI, and decentralized finance (DeFi) by utilizing Fully Homomorphic Encryption (FHE). https://t.co/jKf2zWly6P — Mind Network (@mindnetwork_xyz) January 12, 2026 The basic need of this introduction is to remove the point of conflict between blockchain transparency and the strategic needs of AI Agents. Furthermore,…

Payments company PayPal (PYPL) applied for a Utah industrial bank license, it said Monday, with the goal of creating a lending arm called PayPal Bank. The company, which also operates the PYUSD stablecoin through a partnership with Paxos, said in a press release it intends to “provide business lending solutions” to small businesses and interest-bearing savings accounts to other customers. It also intends to work with credit card networks. PayPal also applied for deposit insurance through the Federal Deposit Insurance Corporation. In a statement, PayPal CEO and President Alex Chriss said, “securing capital remains a significant hurdle for small businesses…

Momentum is building in Washington around legislation on crypto market structure, as two U.S. Senate committees prepare for votes this week that could mark a pivotal moment for crypto regulation. The Senate Agriculture Committee and the Senate Banking Committee are expected to hold markup hearings on Jan. 15, during which lawmakers can amend the bills and vote on whether to advance them. The legislation aims to clarify how crypto markets are regulated in the U.S., including how oversight would be split between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). “This is an important step…

Australian crypto exchange group DAEX has ceased trading and entered voluntary liquidation. The liquidator is now urging creditors to come forward. Liquidation Details The Australian cryptocurrency exchange group DAEX has halted all trading operations and entered voluntary liquidation, leaving investors in a state of uncertainty regarding the recovery of their funds. According to the Daily Telegraph, the collapse affects several platforms operating under the DAEX umbrella, including AUDX Australia, AUDX Global and GlobalOne Exchange. Statements appeared on the platforms’ websites on Jan. 5, 2026, confirming that operations had ceased effective immediately. The company has since appointed Daniel O’Brien of DV…