Author: NBTC

Australia-based Propanc Biopharma has announced that it has secured $100 million from a crypto-focused family office to launch a crypto treasury — a move its CEO described as “transformative” as its cancer therapy product enters human trials next year. The private placement, structured through convertible preferred stock, provides Propanc with an initial $1 million investment and up to $99 million in follow-on funding over the next 12 months from Hexstone Capital, a family office that invests in several crypto treasury companies. The cancer-treating biotech company stated that the proceeds will be used to build a digital asset treasury and accelerate…

Binance Futures has announced it will list two new USDⓈ-margin perpetual contracts on its platform. The exchange announced it will activate USUSDT and CYSUSDT perpetual contracts to offer users a wider range of trading options and enhance the futures trading experience. According to the announcement, the USUSDT perpetual contract will begin trading on December 12, 2025 at 10:45 AM UTC and will offer leverage support up to 40x. Following this, the CYSUSDT perpetual contract will open on the same day at 2:00 PM, allowing users to utilize leverage up to 20x. The underlying asset of the USUSDT contract is Talus…

Ripple is making a hard push into traditional finance, and the numbers back it up. The company has spent nearly $4 billion this year snapping up financial infrastructure companies in a bid to blend crypto with banking. In an interview with CNBC at the Swell 2025 conference in New York, CEO Brad Garlinghouse made it clear that Ripple is quite literally buying its way in right now. “I want to see Ripple invest in [the] future and get ahead of where that market’s going,” Brad said on Tuesday. The company’s entire strategy now leans on using crypto tech inside the…

While crypto gaming has long been seen as a key use for blockchain, letting gamers really own and freely trade their unique items and perhaps profit from a game’s success, developers are struggling to sustain their games and digital economies. Some games, like Gunzilla Games’ Off the Grid, have punched through to a broader audience, gaining adoption from top streamers and gamers alike—albeit ahead of full blockchain integration. But many other games and studios building with tokens are struggling to find players and maintain funding. In 2025, a number of once-promising crypto games closed up shop, with the list growing…

The market cap of bitcoin mining stocks climbed 9.43% on Friday, finishing the session with every one of the top ten publicly traded miners by market value in the green, including three names that logged double-digit advances. With just one week left on the 2025 calendar, nearly the entire mining cohort — save for two laggards — appears poised to wrap up the year on the plus side. Strong Friday Close Sets Publicly Traded Bitcoin Miners up for a Noisy Push Into 2026 Bitcoin miners trading on U.S. exchanges had a solid Friday, keeping pace with the major U.S. stock…

Crypto exchange operator Gemini reported its first financial results as a public company on Monday, revealing a deeper-than-forecast quarterly loss that pushed its stock lower in after-hours trading. The company posted a $159.5 million net loss for the third quarter, driven by higher IPO-related expenses, heavier marketing outlays, and a jump in stock-based compensation, according to its shareholder letter. On a per-share basis, that translated into an adjusted loss of $1.81, missing the consensus estimate of a $0.82 loss, according to MarketBeat data. GEMI shares fell as much as 12% in post-market trading, extending a selloff that has halved the…

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, will begin accepting AE Coin stablecoin for payments across its retail network of nearly 980 service stations in the United Arab Emirates, Kingdom of Saudi Arabia and Egypt. The retailer signed a memorandum of understanding (MOU) with Al Maryah Community Bank to enable customers to pay using AE Coin via the bank’s AEC Wallet at fuel pumps, Oasis by ADNOC convenience stores and car washes, the company said in a statement. The rollout of AE Coin provides an early example of how a sovereign-backed digital asset can be used in everyday…

Institutional crypto investors are shifting their approach to digital assets, with diversification replacing speculation as the leading investment thesis, according to Sygnum’s Future Finance 2025 global institutional investor report. The Swiss digital asset bank found that over 60% of institutional crypto investors plan to increase their crypto allocations, while just 4% plan to reduce exposure. However, bullish sentiment remains contingent on market catalysts expected in the final quarter of the year. The report, based on a late-Q3 survey of more than 1,000 institutional and professional investors across 43 countries, also concluded that for the first time, portfolio diversification (57%) had…

Crypto wallet Phantom is rolling out prediction markets for its 20 million users through a partnership with Kalshi, the U.S.-regulated event trading exchange, the firm said on Friday. The feature will allow Phantom users to trade on real-world outcomes such as U.S. elections, macroeconomic events or crypto prices without leaving the wallet interface. Phantom is also introducing chatting function to the marketplaces, adding a social element to prediction markets, the press release said. Users will be able open trades using any Solana-based tokens, including SOL, USDC and Phantom’s CASH stablecoin, or even memecoins like Fartcoin (FART), Phantom CEO Brandon Millman…

Weekly inflows into Digital Asset Treasuries (DATs) have collapsed by more than 95% over the past four months, with the decline accelerating in Q4 amid broader market headwinds. The performance has sparked growing concerns and renewed skepticism about the long-term viability of this high-profile institutional crypto strategy. What’s Behind the Collapse in DAT Inflows Digital Asset Treasuries have played a major role in the crypto market this year. Large institutions, including Strategy (formerly MicroStrategy), BitMine Immersion Technologies, Metaplanet, and more, have gathered billions in Bitcoin, Ethereum, and other digital assets as treasury reserves. However, recent market turbulence has tested institutional…