Author: NBTC

A group of auditors from the Canada Revenue Agency (CRA), specializing in cryptocurrency, has revealed that they are currently managing more than 200 cases and have gathered over $100 million in the past three years. Interestingly, the government agency reported that no criminal charges have been filed against anyone since 2020. CRA has been initiating efforts to uncover a considerable amount of unpaid taxes. Following their findings, they discovered that approximately 40% of taxpayers using cryptocurrency platforms have neither filed their taxes nor complied with the regulations properly. Concerning this situation, sources noted that documents connected to a Vancouver crypto…

The blockchain gaming sector is shifting to more sustainable economics and has improved sentiment and market maturity as it recalibrates its outlook, reported the Blockchain Game Alliance (BGA). The Web3 gaming advocacy group said in its annual state of the industry report released on Wednesday that the sector is “moving beyond its speculative origins toward a more operationally disciplined, product-led future.” In a survey of over 500 global blockchain gaming professionals, the level of optimism rebounded to 65.8% from its 2024 lows, with the focus shifting from token economics to sustainable revenue models. “The clearest indicator of the industry’s broader…

Alchemy Pay, a renowned crypt-fiat payment gateway, has partnered with Stable, a next-gen L1 chain for seamless transfers. The partnership aims to offer unparalleled fiat-to-crypto buyouts via the global on-ramp ecosystem of Alchemy Pay. As Alchemy Pay’s official press release discloses, the collaboration underscores a key move toward improving real-world digital asset utility. Hence, the joint effort is set to minimize entry barriers, bolster worldwide adoption, and establish a relatively consumer-centered Web3 payment ecosystem. Thrilled to join forces with @stable as ecosystem partners!#AlchemyPay now supports seamless fiat purchases of $STABLE across 173 countries using your favorite payment methods.Global access just…

The chart finally shows a market that has stopped bleeding and begun to fight back, and Ethereum is about to enter a structurally critical phase. ETH has successfully reversed from the $2,700-$2,800 range after months of cascading sell pressure, printing a series of higher lows and pushing hard toward the cluster of moving averages overhead. At a time when Ethereum’s fundamentals and whale behavior are aligning in a way the market has not seen in months, this is precisely the type of behavior that precedes significant trend shifts. Ethereum’s biggest battle As a result of the rally, ETH has now…

Kalshi, a regulated prediction market platform, has closed a $1 billion funding round that values the company at $11 billion, according to TechCrunch. The round was led by returning investors Sequoia Capital and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital, and Neo. The new valuation brings Kalshi closer to the $12 billion to $15 billion valuation target reportedly sought by its crypto-native rival Polymarket. The milestone also comes just a month after Kalshi announced a $300 million round at a $5 billion valuation, underscoring investor appetite for the growing prediction market space. Kalshi operates as a regulated exchange…

JPMorgan CEO Jamie Dimon has denied debanking customers based on their religious or political affiliation and stated that he has actually been working to change the rules surrounding debanking for over a decade. During an interview with Fox News’ “Sunday Morning Futures” on Sunday, Dimon said his bank has cut off services to people from all walks of life, but political affiliations have never been a factor. Devin Nunes, the chair of the President’s intelligence advisory board and CEO of Trump Media, alleges the company was debanked by JPMorgan and that it was among more than 400 Trump‑linked individuals and…

Binance’s new pact with Botim Money signals a major push to widen secure digital-asset access in the UAE, spotlighting the region’s accelerating embrace of regulated crypto services and its expanding role in global digital-finance growth. Binance–Botim Money MoU Targets Wider Crypto Access in the UAE Crypto exchange Binance announced on Dec. 9 that it signed a memorandum of understanding (MoU) with Botim Money to explore expanding secure digital-asset access in the UAE. The agreement, signed at Binance Blockchain Week in Dubai, aims to examine simplified and compliant pathways for customers across a rapidly growing regional market. The announcement states: Under…

Today, all eyes are on the Federal Reserve’s 2025 interest rate decision for Bitcoin (BTC) and altcoins. While expectations are high for another 25 basis point cut in December, large investors have also become active. According to Lookonchain, a cryptocurrency analytics platform, an ICO whale initially transferred a large amount of Ethereum (ETH). Accordingly, an Ethereum ICO wallet (0x782F) containing 850 ETH ($2.82 million) transferred 1 ETH to Coinbase after remaining inactive for over 10 years. This wallet, which invested only $263.5 in the ICO, purchased 850 ETH. These ETH are currently worth $2.82 million, meaning a 10,684x return. Another…

Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. Venezuelan banks explore holding digital assets like USDT, but a solid regulatory framework is missing. Current Venezuelan law regulates crypto exchanges but does not permit traditional banks to operate with them. Interest from Venezuelan banks in operating directly with cryptocurrencies has sparked a public debate. The conversation began after a revelation from Rodolfo Gasparri, president of the transaction processing firm Conexus. Gasparri indicated that his organization is developing a platform to enable national banks to operate with crypto assets. However, this project confronts a legal reality:…

A $1 million haul of cash and gold tied to QuadrigaCX’s co-founder has been forfeited to the government of British Columbia, signaling the strongest test yet of the Province’s unexplained wealth order framework. The Supreme Court of British Columbia granted the forfeiture after Michael Patryn did not contest the action, clearing the way for the Province to liquidate 45 gold bars, luxury watches, and more than $250,000 in cash seized during an earlier investigation, according to a Vancouver Sun report. Court documents retrieved by CoinDesk show that in September 2025, the court granted the Province a civil forfeiture judgment vesting…