Author: NBTC

On-chain investigators noted multiple Ethereum wallets drained after up to seven years of no activity. The exploit caused up to $800K in losses, with the proceeds moved and mixed through ThorChain. In a post on X (formerly Twitter), user @WazzCrypto disclosed that hundreds of wallets have had their funds drained. While wallet-draining is not a new type of attack, one thing that stood out this time was that the affected wallets were dormant for up to 7 years. Aside from the on-chain record, over the past 24 hours, there have been reports on X by some users confirming their wallets…

Stablecoins are evolving from a niche crypto trading tool into a potential layer of global financial infrastructure, according to Australian investment bank Macquarie. While most U.S. dollar-denominated stablecoin activity, mainly in Tether’s $USDT and Circle’s $USDC, still comes from crypto trading, accounting for about 90% of volume, the bank said adoption is expanding across payments, remittances, treasury operations and tokenized assets, increasingly linking traditional finance with decentralized finance. “Stablecoin adoption is making strides in cross-border remittances, but adoption as form of payment still has room to grow, presenting an attractive total addressable market (TAM) opportunity,” analysts led by Paul Golding…

The push to pass the CLARITY Act has hit a new roadblock. Lawmakers are now split over ethics concerns tied to Donald Trump and his family’s growing crypto business. What was once seen as a key step toward clear crypto rules is now caught in political tension. Democrats and some Republicans are demanding changes before the bill can move forward. As a result, the future of the legislation is suddenly uncertain. Ethics Debate Slows Progress The main issue is simple but serious. Lawmakers want clear rules to prevent conflicts of interest. Reports claim Trump linked crypto ventures have generated over…

Swiss crypto investment firm 21Shares has listed a physically backed Dogecoin exchange-traded product (ETP) on Xetra, Germany’s premier electronic trading platform. The listing marks a significant expansion of institutional access to $DOGE within regulated European markets. Xetra, operated by Deutsche Börse, is one of the largest and most liquid ETF trading platforms in Europe. It serves as a primary venue for banks, asset managers, and institutional investors. The addition of a $DOGE-linked product on this exchange signals growing demand for regulated crypto exposure among professional investors. A Physically Backed Product, Not a Synthetic One The structure of this ETP sets…

Bitcoin has pushed into a major resistance zone, where whale sell walls and Fibonacci targets now meet around the same area. Two separate charts show the market testing overhead supply near $69,000, while support at $67,467 may decide whether the move continues or fades. Bitcoin Faces Heavy Sell Wall Near $69,000 as Whale Order Book Tightens Bitcoin moved toward a dense cluster of overhead sell orders on the 15 minute chart, while CoinGlass said whale liquidity between $68,800 and $69,600 could decide whether the current move extends or stalls. In an update posted on X, CoinGlass said the thickest concentration…

DeFi platforms have opposed the plans to ban stablecoin yield via third-party apps. In a comment to the OCC (Office of the Comptroller of the Currency), Phantom Wallet and Consensys slammed the agency for going against the stablecoin law, the $GENIUS Act. Marisa Tashman Coppel, assistant general counsel at Phantom, argued that the $GENIUS Act only bans stablecoin issuers from offering interest. This is meant to prevent them from functioning as uninsured deposits. However, she added that the OCC’s proposal to extend the ban to third parties goes ‘beyond what the statute says.’ The OCC’s anti-evasion authority doesn’t give it…

American billionaire Bill Ackman is moving to take his Pershing Square Capital Management public through a dual listing on the NYSE alongside its PSUS closed-end fund. The New York-based hedge fund is targeting a $5 billion to $10 billion capital raise, offering PSUS shares at $50 and including Pershing Square stock as part of the deal. Ackman says the effort is part of his plan to create a permanent-capital investment structure modeled after Warren Buffett’s Berkshire Hathaway. Having founded Pershing Square in 2004 with $54 million, Ackman has turned it into a $20 billion-plus investment firm focused on undervalued companies.…

According to CoinMarketCap, MemeCore ($M) surged 31.33% to become the weekly top performer among Altcoins in the crypto market. $M trades at $2.20 with a volume of $11017117. Other projects, Bittensor ($TAO), DeXe ($DEXE), Chiliz ($CHZ), Midnight ($NIGHT), Canton ($CC), Artificial Superintelligence Alliance ($FET), Ondo ($ONDO), siren ($SIREN), and Stellar ($XLM), show an upward trend towards growth. Similarly, $TAO is in the runner-up position with a 17.68% price increase and is currently trading at $318.52. It has a volume of $287728696. The given figures for these projects show an attraction towards these cryptocurrencies. This means that users are actively utilizing…

The passage of the 2025 Digital Asset Market Clarity Act has been on a difficult journey since early 2026. However, in a recent speech at the Bitcoin 2026 conference in Las Vegas, Senator Cynthia Lummis announced that May would be the new deadline for the passage. Senator Lummis said, “We are going to mark up the Clarity Act in May. We are going to get it to the finish line.” Does May look like a realistic timeline? The earliest the Senate Banking Committee could mark up the bill is 11 May as the Senate will be going into a week-long…

Binance announced that it has decided to remove certain trading pairs from its platform as part of periodic reviews aimed at improving trading quality in spot markets and protecting users. According to the exchange’s statement, certain spot trading pairs, selected based on various factors such as low liquidity and trading volume, will be delisted as of 06:00 on May 1, 2026. The trading pairs to be removed include BAND/$BTC, BAT/$BTC, BREV/$BNB, NEO/$BTC, ROSE/$BTC, SOLV/$BNB, and TFUEL/$BTC. Binance emphasized that the removal of these trading pairs will not affect the overall accessibility of the related crypto assets on the platform. Users…