Author: NBTC

Digital asset company New Frontier Labs has partnered with BitGo Bank & Trust National Association, the entity that crypto infrastructure company BitGo will use to issue and provide custodial services for the FYUSD stablecoin, a dollar-pegged token for Insitutional investors in the Asia region. BitGo’s announcement said FYUSD is compliant with the GENIUS Act stablecoin regulatory framework. The regulations include 1:1 backing with cash deposits held by a custodian or short-term US government debt instruments, anti-money laundering (AML) requirements and know-your-customer (KYC) checks. Some of the requirements for a regulated dollar-pegged stablecoin under the GENIUS framework. Source: Cointelegraph The company…

A Singapore court has sentenced Chinese national Zhang Xinghua, 38, to two years in jail after he pleaded guilty to conspiracy to misuse a computer system and dealing with benefits of criminal conduct, in a case involving the theft of approximately $6.9 million (S$8.8 million) from crypto exchange SafeX. According to reports in local media, Zhang was part of a three-man conspiracy that robbed SafeX following a breakdown in business relations between the firm they worked at, King Coder, and the exchange’s parent company DTL. Prosecutors said that one member of the trio, Chen Chong Xin, who remains at large,…

In a significant move for cryptocurrency payment infrastructure, Alchemy Pay has successfully obtained a Money Transmitter License (MTL) from the state of Delaware, United States, as confirmed by an official press release on March 21, 2025. This strategic regulatory approval marks a pivotal expansion for the payment gateway, bringing its total number of state-level licenses in the U.S. to fifteen. Consequently, the company solidifies its position as a compliant bridge between digital and traditional finance. Market data from CoinMarketCap shows the project’s native $ACH token trading at $0.006986, reflecting a positive 3.37% movement following the announcement. Alchemy Pay’s Delaware License:…

Nvidia is preparing to launch an open-source AI agent platform called NemoClaw, according to a WIRED report, as the chipmaker expands its push into enterprise AI infrastructure. The platform is being pitched to enterprise software companies and would allow organizations to deploy AI agents capable of performing tasks for internal workforces. Sources told WIRED the system will work regardless of whether a company’s software runs on Nvidia chips. The move comes ahead of Nvidia’s annual developer conference in San Jose next week. Nvidia has reportedly approached companies including Salesforce, Cisco, Google, Adobe, and CrowdStrike about potential partnerships around the agent…

A DeFi protocol just proposed going private as its stewards believe the current DAO structure is creating a hurdle to close institutional deals. Across Protocol’s $ACX token jumped 80% to $0.06 on Thursday after the team behind the cross-chain bridging platform published a ‘temp-check’ proposal to dissolve its token structure and convert into a traditional U.S. C-corporation. “As Across deepens our work with institutional and enterprise partners, the token and DAO structure has materially impacted our ability to close partnerships and integrations,” the proposal reads. “Transitioning to a traditional legal entity would meaningfully improve our ability to enter enforceable contracts,…

TL;DR: SharpLink earned $28.1M in staking rewards (14,516 $ETH) after staking almost 100% of its treasury, but shows ~$1.39B unrealized losses. Bitmine reports 4.47M $ETH (3.71% supply) and stakes 68% for ~$172M annual revenue; SharpLink holds ~864,840 $ETH and targets a $3,588 cost basis. $ETH hovered near $1,981 as ETFs saw $10.8M outflows; SharpLink sold 10,975 $ETH ($33.54M) OTC in Nov 2025, signaling flexibility amid weaker crypto-linked stocks. SharpLink is drawing attention with a staking-heavy Ethereum treasury that is generating real yield while bleeding on paper. The firm reported about $28.1 million in staking rewards, equal to 14,516 $ETH, after…

Moody’s Chief Economist Mark Zandi said the risk of a correction in global asset markets, including cryptocurrencies, has significantly increased. According to Zandi, despite recent price pullbacks, crypto assets, gold, and silver are still vulnerable to downside risks. Zandi pointed to the slowdown in the US economy, stating that real Gross Domestic Product (GDP) growth remained below its potential level of 2.5 percent, employment growth stagnated, and the unemployment rate gradually increased. He also emphasized that the Personal Consumption Expenditures (PCE) price index, one of the inflation indicators closely monitored by the US Federal Reserve (Fed), continues to hover around…

Coinbase has denied lobbying against a de minimis tax exemption for bitcoin ($BTC), despite a vehement claim by podcaster and Ten31 managing partner Marty Bent that it has. Bent reported on March 11 that the exchange was quietly telling lawmakers that a de minimis tax exemption for $BTC payments was unnecessary. According to Bent and his “multiple” Capitol Hill sources, Coinbase lobbyists allegedly told legislators “no one is using $BTC as money” and that such a tax change would be “dead on arrival.” He also claimed that the company only wanted the exemption to apply to specifically regulated, dollar-pegged tokens…

Robinhood has unveiled several new products — including a Platinum Card, early dividend access, and family portfolio tools — as the retail trading platform pushes deeper into wealth management, payments, and crypto trading. — The announcements highlight Robinhood’s broader ambition to evolve beyond its origins as a commission-free stock trading app into what executives increasingly describe as a “financial super app.” Loading tweet… View Tweet The updates arrive as HOOD stock continues to attract investor attention, with some analysts pointing to a potential path toward $100 per share, despite the stock falling roughly 4% on March 5 during a broader…

Banks and financial institutions in the UAE are rapidly shifting from blockchain experimentation to real-world deployment, buoyed by the region’s early regulatory clarity, which experts believe has propelled the country into a leading hub for regulated digital finance The Result of a Clear Regulatory Approach According to Stephen Richardson, chief strategy officer and head of banking at Fireblocks, the UAE has a decisive regulatory approach that is lacking in many jurisdictions, which underpins its impressive advancement in digital asset and technological implementation. Richardson noted that establishing VARA provided the region with the required structure for supervised issuance, custody, and settlement…