Author: NBTC

MegaETH pulled the plug on its Terminal points program on May 21, a full month before its originally scheduled June 23 end date. Eligible participants will receive rewards in USDM, the project’s yield-bearing stablecoin, based on their accumulated points and a final activity snapshot. The move isn’t just an early wrap. It’s a consolidation play, with Terminal’s core features being absorbed into Rabbithole, MegaETH’s official application interface, creating a single entry point for users interacting with the chain. What happened and why it matters The Terminal program launched in late April 2026 as an engagement driver for the MegaETH ecosystem.…

Binance CEO Richard Teng has rejected a new Wall Street Journal report, saying it contains wrong claims about the exchange’s sanctions controls. Teng said in a post on X that the WSJ report contains “fundamental inaccuracies” about Binance and its compliance program. He said Binance did not permit transactions with sanctioned individuals and that the transactions mentioned by the publication happened before the people involved were sanctioned. The WSJ reported that Iranian-linked networks used Binance accounts to move large sums, including funds allegedly tied to sanctioned activity. The report said the activity involved accounts connected to financier Babak Zanjani and…

Strategy chairman Michael Saylor has not ruled out the company offloading some Bitcoin as early as this year, after recently softening his long-held “never sell” stance. “I think it’s not unlikely that we’ll sell some Bitcoin between now and the end of the year,” Saylor said during an interview with Natalie Brunell published to YouTube on Friday. Saylor said it is “also likely” that the company will sell a mix of equity and credit and manage its USD and cash holdings. “We do it in a very thoughtful programmatic fashion where we’re running our multivariate models, and we’re literally running…

Bitmine CEO Tom Lee argued that Ethereum could become the primary payment infrastructure for the finance and AI sectors in the future. Speaking on the social media platform X, Lee stated that Ethereum will be at the heart of the digital economy thanks to its strong developer community and industry leadership. According to Lee, blockchain technology will be critical, especially for AI-powered autonomous systems to conduct commercial activities. He pointed out that AI models, known as “Agentic AI,” which can make decisions and perform transactions on their own, will need blockchain infrastructure to process payments securely and transparently. In this…

Tetra Digital Group’s CADD, Canada’s first regulated Canadian dollar stablecoin issued by a financial institution, can now be custodied by Anchorage Digital for institutional clients. As of May 22, institutions can now hold CADD through Anchorage Digital, a federally chartered crypto bank and qualified custodian that offers regulated digital asset infrastructure to banks, fintechs and asset managers. How does CADD’s Anchorage custody change institutional access? In its post, Tetra Digital Group said “institutions can now custody CADD with Anchorage Digital,” describing Anchorage as “a federally chartered crypto bank and qualified custodian providing regulated digital asset custody infrastructure for institutional clients.”…

Training a large language model typically requires a warehouse full of GPUs, a seven-figure cloud computing bill, and the kind of organizational muscle only a handful of companies possess. Bittensor’s Subnet 9 is trying to flip that script with a new architecture called $IOTA, short for Incentivised Orchestrated Training Architecture, which splits massive AI models across multiple machines so no single participant needs to hold the entire thing in memory. From winner-takes-all to collective assembly line Previous versions of SN9 operated on a competitive model. Miners essentially raced each other, and only top performers earned rewards. By August 2024, that…

Russia’s Ministry of Finance has finalized a regulatory bill that will prohibit individual investors from using non-custodial cryptocurrency wallets, according to local media outlet Bits. The final version of the legislation, expected to be announced next week, carves out a narrow exception for participants in foreign economic activities, including importers. What the bill proposes Under the proposed law, ordinary individual investors in Russia would only be permitted to trade cryptocurrencies through intermediaries licensed by the central bank. The measure effectively forces all retail crypto activity into a regulated, centralized framework. Non-custodial wallets, which allow users to hold their own private…

Binance, the world’s largest cryptocurrency exchange, started the day with altcoin announcements. This includes both listing and delisting announcements from Binance. Binance initially announced that it would list the altcoins Genius Terminal ($GENIUS) and OpenGradient ($OPG) with a seed tag. “Binance will list its Genius Terminal ($GENIUS) and OpenGradient ($OPG) cloud platforms and launch trading for the following spot trading pairs on May 22, 2026, at 11:00 AM (UTC).” New Spot Trading Pairs: $GENIUS/$USDT, $GENIUS/$USDC, $GENIUS/TRY, $OPG/$USDT, $OPG/$USDC, and $OPG/TRY. $GENIUS and $OPG will have seed labels applied. Delisting Warning Also Issued! Binance also announced that it has added nine…

Crypto bulls saw more than half a billion dollars wiped out in liquidations after the crypto market printed red indexes all around. The cumulative digital assets market cap dipped by more than 2% over the last 24 hours to hover around $2.53 trillion. Bitcoin saw $55 billion leave its market cap amid the fresh sell-off. $BTC price dropped by 3% while Ether slid by 4%. This comes in when the US Securities and Exchange Commission (SEC) delayed its planned exemption framework linked to tokenized crypto stock trading. However, Kevin Warsh also got sworn in as the new chairman of the…

Taiwanese singer and cryptocurrency investor Jeffrey Huang, widely known as Machi Big Brother, has expanded his highly leveraged Ethereum long position. According to data from HyperInsight, Huang increased his 25x leveraged long position to 6,375 $ETH, valued at approximately $13.5 million at current prices. Position Details and Risk Profile The entry price for this position is reported at $2,127.73 per $ETH. The liquidation price sits at $2,089.42, meaning a decline of roughly 1.8% from the entry price would trigger a full liquidation. This tight margin underscores the high-risk nature of the trade, which uses 25x leverage — a multiplier that…