Author: NBTC

BitMEX co-founder Arthur Hayes has a message for an industry celebrating the CLARITY Act’s progress through Washington: veto it. Asked in his Coinpedia interview for a realistic timeline on the bill passing and whether it is genuinely good for crypto, Hayes gave a one-sentence answer that puts him sharply at odds with the rest of the industry. “The CLARITY Act should be vetoed. We don’t need no regulation.” The response lands at a moment when crypto’s most prominent companies, executives and lobby groups are pushing hard in the opposite direction, treating the bill as the most important piece of legislation…

Gold has taken over retail futures trading on crypto exchanges in 2026, and fresh quarterly data from MEXC shows the flow has only become more concentrated. The Seychelles-based exchange said its tokenized gold product XAUT alone accounted for 71% of combined volume among its top 10 TradFi Futures in the first quarter, with silver adding another 22%. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!) Together, the two instruments absorbed 93% of top 10 activity between January and March, according to the company’s Q1 TradFi report published today (Wednesday). MEXC said its gold futures…

Ronin, the gaming-focused blockchain built by Sky Mavis to power titles like Axie Infinity, is migrating to Ethereum on May 12, the team said this week. The move will end a four-year run as an independent sidechain and bring major upgrades to its ecosystem. The migration will cut RON inflation from over 20% to under 1% and expand treasury inflows. Ronin also plans to roll out Proof of Distribution, a system that automatically rewards builders based on their contributions. Proof of Distribution will reward contributors based on a measurable impact, including gas spend, user growth, and trading activity. Meanwhile, treasury…

Flamingo Finance has published an open letter alleging that Neo Global Development and the Neo Foundation failed to deliver promised assets and operational support during the platform’s most challenging stretches to date. The Flamingo maintainers argue that Neo’s flagship DeFi dApp has been left structurally dependent on two entities that have refused to act on calls for help. The article catalogs grievances the team says it raised internally through late 2025 before escalating the dispute publicly. The dependency Flamingo describes Flamingo states that it does not hold the keys to its own smart contracts, and that contract-upgrade authority rests with…

The US Department of Justice has filed fraud charges against the Southern Poverty Law Center, alleging the civil rights organization made secret payments to extremist informants without proper disclosure. The US Department of Justice announced a federal indictment against the Southern Poverty Law Center on April 21, with acting Attorney General Todd Blanche alleging the group had been paying informants embedded inside white supremacist and other extremist organizations while concealing those payments from donors. The indictment, returned by a grand jury in Alabama, includes six counts of wire fraud, four counts of making false statements to a federally insured bank,…

An unregistered overseas crypto exchange, KCEX, continues to operate in South Korea despite a government ban, leveraging a loophole through the iOS App Store. This situation reveals significant gaps in the country’s regulatory framework for virtual asset service providers. As of April 22, 2025, the exchange remains accessible to South Korean users, undermining efforts to enforce financial oversight. KCEX Unregistered Exchange: Background and Timeline South Korean financial authorities flagged KCEX for unregistered business activities in August 2024. The exchange, based overseas, never obtained the necessary license from the Financial Services Commission (FSC). Despite this, it continues to attract users through…

Deloitte and Touche LLP has completed a SOC 2 Type 2 examination for Chainlink’s CCIP and Data Feeds, making Chainlink the only data and interoperability oracle platform in the blockchain industry to hold SOC 2 Type 2, SOC 2 Type 1, and ISO/IEC 27001:2022 certifications simultaneously, the full stack of security credentials that institutional risk teams require before deployment. Chainlink announced on X that Deloitte and Touche LLP has completed a SOC 2 Type 2 examination for Chainlink CCIP and Data Feeds, including Price Feeds and SmartData feeds such as Proof of Reserve and Net Asset Value. The examination was…

Treasury Secretary Scott Bessent has called on the United States Congress to pass comprehensive digital asset legislation during his testimony before the Senate Appropriations Committee on the Treasury Department’s fiscal year 2027 budget request. He has argued that American leadership in the cryptocurrency space is vital to maintaining the global primacy of the U.S. dollar. “The U.S. has to lead here” During the hearing, Senator John Boozman (R-AR) pressed Bessent on the urgency of passing digital asset legislation, noting the recent progress made by the Senate Agriculture Committee. Bessent responded with a firm endorsement of establishing a clear, proactive regulatory…

Frankfurt, Germany – In a significant development for regulated cryptocurrency access, the Valour Hedera ($HBAR) Exchange Traded Product (ETP) has secured a substantial $11 million institutional investment. This capital infusion, announced by Valour, a subsidiary of DeFi Technologies, demonstrates growing institutional confidence in the Hedera network. The investment specifically targets Valour’s $HBAR ETP listed on the prestigious Börse Frankfurt. Consequently, this move signals a maturing phase for digital asset investment vehicles within traditional European finance. Valour $HBAR ETP Attracts Major Institutional Capital The $11 million investment represents a clear vote of confidence from institutional investors. Specifically, $10 million flowed directly…

MarsCat has partnered with Crypto Burger to enhance their existing deepening relationship due to an increasing overlap between artificial intelligence and blockchain’s sovereignty. MarsCat will utilize Bitcoin’s security layers as the foundation for a new generation of on-chain AI agents. By combining their infrastructure, which emphasizes privacy and the Crypto Burger AI network, the partnership enhances its technological capability. Their goal is to help solve a problem by allowing users to have complete ownership and monetize their generated intelligence, as well as not depending upon conventional centralized cloud service providers. The Shift Toward Sovereign AI Ownership The main idea behind…