Author: NBTC

Cryptocurrency derivatives platform Ostium has announced a strategic partnership with Nasdaq to offer stock perpetual futures products powered by real-time U.S. stock market data. The move marks a significant step in bridging traditional finance and decentralized trading infrastructure. How the Partnership Works Rather than building separate on-chain order book liquidity for each stock asset, Ostium will connect directly to Nasdaq’s institutional-grade liquidity feeds. This allows traders to gain exposure to U.S. equities through perpetual futures—a type of derivative contract popular in crypto markets that has no expiry date—using real-time pricing data from one of the world’s largest stock exchanges. Why…

Authorities in São Paulo, Brazil, in collaboration with power utility company CPFL Piratininga, have dismantled a clandestine Bitcoin (BTC) mining operation that was illegally drawing electricity from the grid. The raid resulted in the seizure of approximately 1,400 mining rigs, according to a report from local media outlet Livecoins. Operation Details and Scale The unauthorized electricity consumption at the site was substantial. Officials estimate that the power diverted to run the mining hardware was equivalent to the monthly electricity usage of roughly 2,000 average Brazilian homes. This level of theft not only represents a significant financial loss for the utility…

Ripple participated in Squid’s $6 million funding round as the cross-chain platform looks to expand its consumer product offering and simplify asset movement across blockchain ecosystems. The round was led by North Island Ventures and included participation from Dialectic, Borderless, Scenius Capital, Altos, Arche Capital, and angels from Axelar, Ledger, Polymer, Enso, and Peanut. Squid said the capital will support new consumer products designed to make accessing and managing digital assets across blockchains easier for everyday users. Since launching in January 2023, Squid has routed more than $6 billion in volume across over 4 million transactions, serving more than 1…

In a recent interaction on X, longtime cryptocurrency critic Peter Schiff warns that the $60,000 level might not be the ultimate price floor for Bitcoin price, referring to it as a “trap door”. This is in contrast to the widely held view that $60,000 might be the ultimate price floor in this current cycle and that Bitcoin may not drop below this level, cushioned by institutional investment. Bitcoin reached a low of $60,000 on February 6 and has since held up above this level, even up to the present, leading some to believe that a floor might have been reached.…

Securitize has appointed Sunil Sabharwal to its board of directors as the tokenization firm moves ahead with expansion plans. The company said the appointment adds experience in global finance, payments, and public policy at a time when tokenized asset platforms are drawing more institutional attention. Sabharwal is a business executive and investor with a background in payments and financial services. He also served as a Senate-confirmed U.S. representative to the International Monetary Fund from 2016 to 2018. Securitize chief executive Carlos Domingo said Sabharwal brings experience from both the private and public sectors. Domingo said “Sunil’s career is defined by…

Solana developer Anza said Monday that Alpenglow, the network’s biggest proposed consensus overhaul to date, is live on a community test cluster, marking a major step toward a potential mainnet rollout. The update means validator operators can now test software designed to move Solana from its current consensus system, which combines Proof-of-Stake with TowerBFT and Proof-of-History, toward a new architecture intended to dramatically reduce finality times and improve network responsiveness. “Alpenglow is live on the community test cluster,” Anza wrote on X. “The biggest consensus change in Solana’s history, now running on validator infrastructure ahead of mainnet.” Today, Solana relies…

Alchemy Pay has continued its aggressive expansion across the United States after securing a Rhode Island Currency Transmitter License. The latest approval pushed the company’s regulatory coverage to 16 US states. This move strengthened the company’s position in the growing digital payments sector. It also highlighted Alchemy Pay’s long-term commitment to compliant crypto operations in America. The new approval arrived during a crucial period for the crypto industry. Regulators across the United States continue tightening oversight around digital assets and payment platforms. Many crypto companies still struggle with licensing requirements and compliance standards. However, Alchemy Pay continues moving in the…

Deloitte has acquired Web3 infrastructure company Blocknative in a talent-focused deal that will see the startup wind down its APIs and gas oracle network next month, even as the Big Four firm deepens its push into crypto consulting. According to The Block, Deloitte announced on Tuesday that it had acquired Blocknative via what it described as a “talent acquisition-focused merger.” The terms of the deal were not disclosed, but Deloitte said the Blocknative team will now “focus on driving Web3 innovation within Deloitte’s client ecosystem,” plugging its engineers and product staff into the firm’s existing blockchain and digital-assets practice. At…

Apple’s leadership change is drawing attention across the tech world. But beyond AI and products, the crypto industry sees something else taking shape. As Tim Cook steps down and John Ternus takes over as CEO, Apple’s ties to crypto could grow, whether the company admits it or not. Ternus Inherits a Cautious Crypto Approach For years, Apple has taken a careful stance toward digital assets. The company holds no cryptocurrencies on its balance sheet and has avoided any formal involvement in the sector. While Cook has personally owned Bitcoin and Ethereum, he kept those investments separate from Apple’s corporate strategy.…

General Updates Kraken added $NEO and $GAS to its exchange listings roadmap, with spot trading for both tokens now live on the major exchange. The listing will mark Kraken’s first spot trading offering for both tokens. R3E Network published two experimental repositories on May 4 exploring what Neo’s next generation could look like. The larger of the two, neo-n4, prototypes a multi-L2 elastic network architecture built on Neo 4 core. neo-n4 is envisioned as a three-tier design where Neo N3 or Neo 4 serves as the L1 settlement layer, an optional gateway aggregates proofs from multiple L2 chains, and individual…