Author: NBTC

Cardano founder Charles Hoskinson expressed sympathy for affected users and acknowledged the emotional toll of the losses. Speaking during a livestream yesterday, Hoskinson apologized to both the victims and the broader Cardano community over the unfortunate breach at SecondFi (formerly Yoroi Wallet), which resulted in the theft of 16 million $ADA. According to him, many victims may have lost most or all of their $ADA holdings, making the financial and emotional consequences severe regardless of the overall value involved. Hoskinson Reflects on Previous Crypto Hacks Hoskinson described the incident as an unfortunate reality of the cryptocurrency industry, noting that security…

In brief Catholic leaders urged the Senate to oppose a portion of the Clarity Act, warning it could enable human trafficking and other illicit finance. Protections for decentralized software developers could shield tools used for money laundering, the leaders said. The Clarity Act is facing opposition from multiple directions as boosters seek to pass it in the coming weeks. The crypto industry’s long-coveted Clarity Act has attracted plenty of opponents in recent months, among them Wall Street leaders, consumer advocates, law enforcement groups, and Native American tribes. Now, the market structure bill has attracted the ire of a new and…

The move by Blockchain.com to build a dedicated institutional payments corridor into Brazil is not simply a new office opening. It arrives at a moment when LatAm’s largest economy is drawing serious infrastructure investment from crypto-native firms tired of competing for retail-only volumes. According to the original report, the company is rolling out a cross-border liquidity solution tailored for institutions, though specific settlement rails and banking partners were not disclosed. Brazil already sits among the top ten countries for crypto adoption. A large unbanked population, persistent inflation hedging behavior, and the success of the Pix instant payment system have created…

While Western financial media has spent much of 2026 tracking Bitcoin’s crash from its October 2025 all-time high near $126,000, Trezor Academy has released a documentary that documents a different story. Seeding Bitcoin: Trezor Academy and Africa’s Bitcoin Revolution follows educators, merchants, and community members across Sub-Saharan Africa who are using Bitcoin not as a speculative asset but as a functional monetary tool. The film captures Bitcoin education centers in South Africa where students as young as teenagers complete a Bitcoin diploma course and receive weekly rewards in bitcoin, which some use to buy groceries for their families. It profiles…

Ethlabs, a new Ethereum research lab backed by the network’s two largest corporate holders, launched this week with a pitch to complement the Ethereum Foundation. Its own funders concede it will also compete as Ethlabs is “playing to win.” “I think they will be complementary,” Joseph Chalom, chief executive of Sharplink and a former longtime BlackRock executive, said of Ethlabs and the Foundation on a livestream The Defiant hosted this week. He then added that the two would “over time” be “in some ways overlapping,” with “the densest talent” concentrated at Ethlabs. Where the Mandates Meet The overlap is visible…

Swiss digital asset infrastructure firm SCRYPT has integrated BENJI, the tokenized share class of Franklin Templeton’s Franklin OnChain US Government Money Fund (FOBXX), into its internal treasury operations, aiming to address what it describes as a structural mismatch between traditional money market funds and the continuous operating demands of a crypto business. The integration is already live, Sylvan Martin, SCRYPT’s co-founder and chief growth officer, confirmed to Sandmark. The integration is live and operational, Sylvan Martin, co-founder and chief growth officer of SCRYPT, confirmed to Sandmark. “Conventional money market funds settle T+1, meaning trades settle the following business day, and…

Dogecoin’s official X handle shared a post that has caught the attention of the crypto community, even as the market faces a selloff with $1 billion wiped out in liquidations. The Dogecoin official X account tweeted, “somebody needs to tell the charts to stop doing the downward dog.” somebody needs to tell the charts to stop doing the downward dog pic.twitter.com/G7spjqyK1R — Dogecoin (@dogecoin) June 24, 2026 The timing of the post coincided with a downward trend seen on price charts across multiple timeframes, even as the crypto bear market drags on. Digital assets saw a significant drop in the…

Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at a Senate Banking Committee hearing on affordability, digital assets can help lower costs for consumers through faster transactions, reduced payment fees, and easier access to financial assets. Speaking before lawmakers during a hearing titled The Affordability Agenda, Carbone argued that blockchain-based financial services could introduce competition to traditional payment networks and reduce friction in moving money and assets. Despite those…

Polysights, a Polymarket-backed analytics platform, raised $1.5 million to expand tools for detecting suspicious prediction-market trading. The platform focuses on unusual wallet behavior, outsized positions and suspicious timing before market-moving outcomes. The funding reflects a broader credibility race, as prediction markets need surveillance and compliance systems that can distinguish informed forecasting from private-information abuse while event-contract volumes grow across global markets and regulatory scrutiny keeps intensifying further. Polysights, a prediction-market analytics platform backed by Polymarket, has raised $1.5 million to expand tools aimed at detecting suspicious trading across event-contract markets. The funding lands at an awkward moment for a sector…

Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds. Bitcoin ($BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations across bullish $BTC leveraged positions. Despite a modest recovery to $59,500, Bitcoin traders remain uneasy as the S&P 500 index and gold prices fully erased their intraday losses. Bitcoin/USD (orange) vs. gold/USD & Nasdaq 100 futures (green). Source: TradingView The market downturn on Thursday lined…