Author: NBTC

South Korea-based cryptocurrency exchange Bithumb could face serious sanctions from financial authorities. According to information reported by local broadcaster Korean Broadcasting System (KBS), the stock exchange is expected to receive a partial suspension of operations for up to six months and a hefty fine for violating its anti-money laundering obligations. Disciplinary action against the company’s senior management is also reportedly under consideration. According to the report, financial regulators cited shortcomings in customer identity verification processes as the primary reason for the penalty. The investigation focused on the insufficient implementation of Know Your Customer (KYC) procedures, which mandate cryptocurrency exchanges to…

CoinFello, an AI agent that interacts directly with smart contracts, has introduced its open-source OpenClaw skill in partnership with MetaMask, allowing AI agents to securely execute onchain transactions through delegated smart wallet permissions, according to an announcement shared with Finbold on March 11. The integration enables Moltbots, personal AI agents running on the OpenClaw framework, to carry out blockchain actions while users retain control of their private keys. The system uses ERC-4337 smart accounts and ERC-7710 delegations through the MetaMask Smart Accounts Kit to allow agents such as CoinFello to perform narrowly defined tasks on behalf of users. Delegated permissions…

Ethereum price started a fresh increase and tested $2,200. $ETH is now correcting gains and might decline further if it trades below $2,030. Ethereum started a downside correction below the $2,120 zone. The price is trading above $2,065 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,030 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,135 zone. Ethereum Price Starts Downside Correction Ethereum price started a fresh increase above the $2,065 resistance, like Bitcoin. $ETH price rallied…

ProShares’ record-breaking debut of its money market exchange-traded fund (ETF) last week underscores the enormous demand for cash-management products at a time when the asset class is increasingly being tokenized — and, as industry proponents argue, the shift could help funds remain competitive amid increasing US stablecoin adoption. Money market funds invest in short-term, high-quality debt instruments such as US Treasury bills, repurchase agreements and commercial paper. They are designed to preserve capital while offering modest yield and daily liquidity, making them a popular cash-management vehicle for investors. That backdrop makes the launch of the ProShares Genius Money Market ETF…

As has already been publicized, the SEC and the Commodity Futures Trading Commission signed a historic memorandum of understanding. CFTC Commissioner Caroline Pham, known for her support of the industry and for specific companies operating within it, such as Ripple, has spoken in favor of regulatory harmonization and issued what can be described as a programmatic statement, calling for the implementation of the principles she has advocated for over many years. Caroline Pham’s roadmap to regulatory clarity for crypto In her view, the existing uncertainty has been killing innovation. She argues that the following six points must be introduced to…

Decentralized derivatives platform Aster DEX has officially confirmed that it will delist the OWLUSDT perpetual contract, urging traders to close their positions before the removal deadline. According to the platform’s latest announcement, the Owlto Finance /$USDT trading pair will soon be removed as part of a scheduled delisting process. The move primarily affects traders currently holding open perpetual contract positions in the pair. The exchange clarified that the decision only impacts the OWLUSDT contract, while all other trading pairs, assets, and services on the platform will continue operating as usual. Reduce-Only Mode Starts Before Delisting Before the contract is fully…

Pump.fun will accept tokens from other chains, adding extra liquidity to accounts in the trenches. The new deposits will be made through a partnership with Moonpay. Pump.fun traders will be able to fund their wallets with tokens from nine different chains. Deposits will be available through Moonpay, which has partnered with the meme token launchpad since November 2025. Moonpay will handle payments from Bitcoin and ETH, as well as L2 chains Base, Arbitrum, and Polygon. Deposits will be available from Hyperliquid, $BNB Chain, and other networks. BREAKING: @Pumpfun traders can easily fund their account with tokens from 9 chains via…

New York-based company Culper Research announced that it has taken short positions in Ethereum ($ETH) and BitMine, and stated that it expects further declines in the $ETH price. US-based aggressive short investor Culper Research announced it has taken short positions in Ethereum and related securities, particularly in BitMine, the largest Ethereum mining company. Culper Research argues that Ethereum’s token economics model will be compromised after the network’s Fusaka upgrade in December 2025. According to Culper Research, this upgrade significantly reduced transaction fees. Since validators derive a portion of their revenue from these fees, this reduction decreased staking yields. At this…

Kraken’s decision to fund savings accounts for every child born in Wyoming this year is being viewed as the latest move aligning the exchange with the crypto-friendly Trump administration. The cryptocurrency exchange currently ranks as the sixth largest globally by 24-hour trading volume, with about $1 billion traded over the past day – behind Binance, Bybit, OKX, Coinbase, and Bitget, according to CoinGecko. Last week, Kraken said it would sponsor “Trump Accounts” for every child born in Wyoming in 2026, essentially pledging a financial contribution to each account as part of a savings program introduced by President Donald Trump. While…

A new development has emerged regarding CEA Industries (BNC), a $BNB treasury company funded by YZi Labs, the investment arm of Binance, the world’s largest cryptocurrency exchange. Accordingly, an investor has filed a lawsuit against CEA Industries, a company focused on $BNB, over allegations of it being a shell company. According to The Block, an investor has filed a lawsuit against CEA Industries, a Nasdaq-listed company focused on $BNB, alleging that the company operates like a ghost company with lax governance. In this context, the plaintiff Abraham Gomez sued CEA Industries and CEA executive and 10X Capital co-founder Hans Thomas.…