Author: NBTC

The U.S. Attorney’s Office for the Southern District of New York on Thursday sentenced Magdaleno Mendoza in the IcomTech crypto Ponzi scheme. The court sentenced the accused to 71 months in federal prison for defrauding working-class Spanish-speaking investors. Mendoza was a senior promoter in the purported crypto-mining and trading company IcomTech. The firm was established in mid-2018 and collapsed by the end of 2019. Court orders Mendoza to pay restitution and forfeit his California residence Crypto promoter sentenced for Ponzi scheme “IcomTech.” “Mendoza targeted Spanish-speaking investors with false promises about ‘crypto’ profits and left victims, including those here in New…

The U.S. federal banking watchdog signaled a regulatory shift that could fundamentally reshape competition in trading services across the United States. That shift became apparent today, after Bloomberg reported that JPMorgan is exploring crypto trading services for institutional investors, marking one of the clearest indications yet that Wall Street banks are preparing to move beyond experimentation and into execution. CoinDesk contacted JPMorgan and they declined to comment on Bloomberg’s article. The report follows a statement by a JPMorgan spokesperson, who previously told CoinDesk the bank was “digesting and assessing” recent guidance from the Office of the Comptroller of the Currency…

Atlaspad, a multi-chain launchpad platform that supports blockchain projects through fundraising, ecosystem building, and user engagement, today announced a strategic partnership with Helix Labs, a decentralized financial innovation lab that aims to maximize the economic value of staked assets across various blockchain ecosystems. This collaboration enabled the integration of Atlaspad’s launchpad with Helix Labs’ liquidity infrastructure to revolutionize how Atlaspad’s users interact with DeFi assets and advance scalability, accessibility, and liquidity within the two decentralized finance networks. Atlaspad is a multichain launchpad platform that functions as an avenue for early-stage crypto projects to raise capital by selling their tokens to…

The Nasdaq 100 Index and its related ETFs, like QQQ and JEPQ plunged last week as concerns about technology valuations and the ongoing government shutdown continues. It plunged to $25,000 from the year-to-date high of $26,143. Similarly, the Invesco QQQ Trust (QQQ) plunged to $610 from the all-time high of $636, while the JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) plunged to $57 from the all-time high of $59.5. So, why did these assets plunge? Nasdaq 100 Index plunged after Palantir and AMD earnings Copy link to section One main reason why the Nasdaq 100 and its ETFs like JEPQ…

Hong Kong is making a decisive move to become a global cryptocurrency hub. The city expects to grant its first licenses to stablecoin issuers in early 2025, creating a regulated framework for digital assets pegged to traditional currencies. This development signals Hong Kong’s commitment to balancing innovation with financial stability. What Does This Mean for Stablecoin Issuers? Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, recently announced that the licensing process will prioritize applicants demonstrating robust systems. The government has already received 36 applications from various sectors as of September’s end. This strong interest shows how seriously…

Bybit recorded the highest spot trading volume among centralized cryptocurrency exchanges on December 22, 2025, driven by a sharp increase in activity around the NIGHT token, according to market data cited in a company update shared with Finbold. The exchange reported more than $9.2 billion in spot trading volume over a 24-hour period, placing it ahead of industry peers for the day. The spike was largely attributed to heightened trading in the NIGHT/USDT pair, which accounted for the majority of activity on the platform during that window. NIGHT trading drives volume spike Data from CoinMarketCap shows that Bybit handled over…

In a significant upgrade for DeFi users, the Scallop protocol has just supercharged its decentralized application. The team announced the integration of a highly anticipated Scallop flash loan feature, a move that could unlock new strategies and efficiency on the Sui blockchain. This isn’t just a minor update; it’s a suite of powerful tools designed to give traders and liquidity providers more control and insight than ever before. What Exactly is the New Scallop Flash Loan Feature? The core of this update is the introduction of flash loans. For the uninitiated, a flash loan allows you to borrow a significant…

The MSTR stock price has been in a strong downtrend, mirroring the performance of other Digital Asset Treasury (DAT) companies like Metaplanet, American Bitcoin, MicroCloud Hologram, and Semler Scientific. Strategy shares were trading at $241 on Friday, much lower than the year-to-date high of $456. It is hovering at its lowest level since November last year. So, what next for the OG of the treasury industry? MSTR stock price technical analysis Copy link to section The daily chart shows that the Strategy share price has been in a strong downtrend as it formed a series of lower lows and lower…

The Polish parliament has finally approved a government-proposed crypto bill that has become the focal point of a heated political clash with the head of state and the opposition. The legislation, strongly criticized by the industry as a threat to domestic crypto business, has been pushed through after an earlier attempt to overturn President Karol Nawrocki’s veto failed. Polish lawmakers adopt crypto law vetoed by Nawrocki The Sejm, the lower house of parliament in Poland, has adopted the country’s new Crypto-Asset Market Act, local media reported. On Thursday, the comprehensive framework was backed by 241 members of the chamber, out…

Key Takeaways Architect Financial Technologies, led by ex-FTX US chief Brett Harrison, raised $35 million to build institutional trading infrastructure. The company targets derivatives, equities, and digital asset markets with support from major fintech investors. Former FTX US president Brett Harrison has secured $35 million in funding for Architect Financial Technologies, The Information reported today. Founded in early 2023, the Chicago-based startup builds institutional trading software for derivatives, equities, futures, options, and digital assets. The fintech firm offers tools for algorithmic execution, market visualization, discretionary trading, and risk management. Architect plans to expand into Europe and APAC, and maintains regulatory-compliant…