Author: NBTC

The first Form 1099-DA season is arriving for US crypto investors with a basic problem: many people are getting the new IRS form before they understand what it actually tells them. A Coinbase and CoinTracker survey of 3,000 US crypto users found that 61% were unaware of the new 2025 reporting rules, even though 74% said they knew crypto activity can be taxable and 56% rated their own knowledge of crypto tax rules as good or excellent. That gap comes as the IRS begins receiving more standardized data on digital-asset sales handled by brokers. Treasury and the IRS require brokers…

The US District Court for the Southern District of New York has entered a consent order against the company that’s operating the popular cryptocurrency exchange KuCoin, called Peken Global Limited. The allegations were that it had allowed US participants to trade directly on its platform without having registered with the Commodity and Futures Trading Commission as a foreign board of trade. $500K Fine and All is Good What was once surely to be a more serious action was now resolved with a civil monetary penalty. According to the order, Peken Global is required to pay a civil monetary penalty of…

Wirex and Crossmint are teaming up to make stablecoins a practical way to pay for goods and services. They are working together to fix the problems that have stopped stablecoins from being used in real-life transactions. 1/ We are making stablecoin-backed card launches more seamless.By extending our partnership with @crossmint, we are combining their wallet infrastructure with our card and payment infrastructure to give fintechs one connected stack for real-world stablecoin spending. 👇 pic.twitter.com/zVFkWXfnTc — Wirex (@wirexapp) March 30, 2026 This partnership comes at a time when stablecoins are becoming increasingly popular in international payments. The use of cryptocurrency cards…

In a significant address to the global cryptocurrency community, Binance founder Changpeng Zhao has provided a measured perspective on one of the most discussed technological threats facing digital assets: quantum computing. Writing from an undisclosed location, Zhao articulated that while quantum computing presents legitimate challenges, excessive fear regarding its impact on cryptocurrencies is unnecessary. This analysis comes amid growing mainstream discussion about quantum decryption capabilities and their potential to undermine current cryptographic standards that secure billions in digital value across thousands of blockchain networks worldwide. Understanding the Quantum Computing Cryptocurrency Challenge The fundamental security of most cryptocurrencies, including Bitcoin and…

Ethereum bulls managed to defend the $2,000 support as Bitmine continued its aggressive accumulation of $ETH for the fourth consecutive week. According to recent reports, Tom Lee’s Bitmine has purchased another 71,179 Ethereum over the past week. The investment firm has been on a buying spree over the past four consecutive weeks, bringing its total $ETH holdings to over 4.73 million, which equates to nearly 3.92% of Ethereum’s total circulating supply. Besides the accumulation, Bitmine also revealed the launch of MAVAN, a dedicated platform that supports institutional staking for large-scale investors. Notably, the firm has already deposited a part of…

Brussels-based digital asset market maker Keyrock has reached a $1.1 billion valuation after securing series C funding led by SC Ventures, Standard Chartered Bank’s venture arm, alongside Ripple, according to a Tuesday statement. The investment will allow the company to scale its services, pursue acquisitions, and reinforce its position in institutional-grade digital asset markets. Keyrock CEO Kevin de Patoul said in a statement that the latest funding round reflects the company’s forward-looking strategy. Following the launch of Keyrock Asset & Wealth Management last year, the firm is now focused on expanding its services, client base, and geographic reach in 2026…

Donald Trump won the US presidential election in November 2024, ushering in a new era for the United States. However, with the midterm elections just seven months away, campaigning has already begun. Accordingly, large cryptocurrency companies are expanding their influence on politics through political fundraising groups. According to recent news, Chainlink Labs and Anchorage Digital have joined the founding members of a political action committee (PAC) called the “Blockchain Leadership Fund” in the US. Chainlink Labs, the developer of the blockchain oracle Chainlink (LINK), and institutional digital asset custody company Anchorage Digital have joined a US lobbying group called the…

Quantum computing risks for Bitcoin (BTC) and cryptocurrencies have recently become one of the most debated topics, and CZ has also made some significant statements on the subject. Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, stated that fears regarding the threat of quantum computing are excessive and unnecessary. CZ stated that there is no need for excessive fear regarding the impact of quantum computing on cryptocurrencies. In a post he wrote for Binance Square, CZ explained that, from a macro perspective, this fear is greatly exaggerated and that cryptocurrencies can be upgraded to quantum-resistant algorithms. “This…

The global crypto market continues to evolve at an aggressive pace. Stablecoins now play a major role in bridging traditional finance and blockchain systems. StraitsX has taken a major step by launching XSGD and $XUSD on Solana. This move opens new doors for users who want faster and cheaper currency swaps. This development strengthens the growing demand for a stablecoin on Solana. Users can now move between Singapore Dollar and US Dollar digitally. They no longer need banks or forex brokers. This shift improves accessibility and reduces dependency on traditional financial systems. StraitsX focuses on real-world utility instead of speculation.…

Vitalik Buterin, the founder of Ethereum ($ETH) and a closely followed figure in the cryptocurrency market, has made new statements. Speaking to Wu Blockchain, a Chinese cryptocurrency journalist, Vitalik Buterin argued that a Binance 51% attack on Ethereum would fail and result in billions of dollars in losses. A 51% attack occurs when a single entity gains control of a majority of a network’s mining hash rate (PoW) or staked tokens (PoS). Vitalik stated that a 51% attack on the $ETH network by a large service provider like Binance would fail, but if successful, it would result in billions of…