Author: NBTC

A Coinone representative has reported that the firm is talking with prominent overseas exchanges and local financial institutions. Shares held by local gaming company Com2uS, which possessed around a 38.42% stake between 2021 and 2022, could also possibly be comprised in any deal. The third-biggest cryptocurrency exchange in South Korea, Coinone, is looking for the sale of shares held by its chairman, as revealed via a report from local news outlet Seoul Economic Daily. The exchange is looking for different options to sell a portion of Chairman and biggest shareholder Cha Myung-hoon’s 53.4% stake, as revealed by the report. The…

Crypto custodian BitGo (BTGO) began trading on the New York Stock Exchange today, opening at $22.43 per share after pricing its IPO at $18 late Wednesday, marking one of the first big-ticket crypto firms to go public this year. The offering valued the company at around $2 billion — well below other recent crypto listings, such as stablecoin issuer Circle (CRCL), which debuted at nearly $7 billion last year. BitGo provides custody and security services for digital assets, primarily catering to institutional clients and has quietly become a key part of the crypto market’s back-end infrastructure. The firm is the…

Binance co-founder Changpeng Zhao has ruled out returning to the crypto exchange, despite a pardon from US President Donald Trump opening the door for it to be possible. Zhao told CNBC’s Squawk Box on Sunday that it’s his understanding that the pardon means the former restrictions “are completely lifted,” but shot down any suggestions of going back to Binance. “I haven’t really needed to go back. I didn’t really want to. I thought it was a pretty good way for me to step down, away from Binance after seven years,” he said. “At the time, it was very painful. I…

Circle CEO Jeremy Allaire said the company views its dollar-pegged stablecoin as neutral financial infrastructure with network effects, rather than a product meant to compete with existing payment companies. Speaking on CNBC’s Squawk Box during the World Economic Forum at Davos, Switzerland, Allaire said Circle does not view card networks such as Visa or Mastercard as competitors, describing them instead as “significant partners.” According to Allaire, stablecoins are “network effect businesses,” with usage and circulation increasing as more developers and institutions integrate, adding that Circle operates as a “neutral company” that does not compete with banks, payment companies or exchanges.…

Nado, a perpetual derivatives decentralized exchange (DEX) on Ink, Kraken’s Ethereum Layer 2 network, airdropped its official non-fungible token ($NFT) collection to early users yesterday. Dubbed Templars of the Storm, the collection was airdropped to the platform’s top pre-alpha phase users who chose to forgo a distribution of Ink points to receive the $NFT instead. The floor price of the collection is currently 0.45 $ETH ($1,200). Templars of the Storm Floor Price The collection has generated 141 $ETH ($385,000) in trading volume since its launch, making it the second most traded $NFT collection over the last 24 hours, trailing only…

The race to replace Jerome Powell as Chairman of the Federal Reserve has taken a sharp turn toward Wall Street’s most powerful asset manager. Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, has seen his odds of securing the nomination surge in recent days. According to data from prediction market Polymarket, Rieder’s odds of being nominated have jumped from single digits earlier this month to 32% as of Thursday. He is now the second-leading contender, closing the gap with former Fed Governor Kevin Warsh, who leads the pack at roughly 44%. The sudden repricing follows reports from Bloomberg…

A combination of on-chain and market activity is supporting bullish sentiment for Shiba Inu despite the ongoing consolidation. Yesterday, millions of Shiba Inu disappeared from exchanges, hinting at renewed accumulation despite price uncertainties. Additionally, key network metrics are turning green, further amplifying the momentum in the meme coin’s ecosystem. Key Points Yesterday, millions of Shiba Inu disappeared from exchanges, hinting at renewed accumulation despite price uncertainties. The 82,066,732,850,077 $SHIB in reserve on January 25 has dropped to 82,066,703,680,231 $SHIB today, culminating in the 29 million $SHIB difference. Total exchange outflow also stood at 256 billion $SHIB, while inflow was 183.5…

Fidelity Investments is launching its first stablecoin, the Fidelity Digital Dollar (FIDD), in early February, marking a major move by one of the largest traditional financial institutions into onchain finance. FIDD will be issued by Fidelity Digital Assets, a federally chartered national bank and subsidiary of Fidelity. The Ethereum-based stablecoin will be redeemable for $1 on Fidelity’s crypto trading platforms — Fidelity Digital Assets, Fidelity Crypto, and Fidelity Crypto for Wealth Managers — and will also be made available on major crypto exchanges, according to a press release. The company says it designed the product to meet growing client demand…

South Korea’s Kospi index crossed the 5,000 mark for the first time on Jan. 22, defying global market turbulence caused by U.S. President Donald Trump’s Greenland takeover ambitions. Blue-Chip Surge South Korea’s benchmark Kospi index crossed the 5,000 mark for the first time on Jan. 22, a historic milestone that fueled excitement across the country. According to a local report, the Kospi index ultimately closed at 4,952.53 after hitting an intraday high of 5,019.54. Compared to a year ago, when it ended at 2,547, the index has surged nearly 94 per cent. The rally came even as global markets were…

Binance’s $14 Billion Stress Test: A New Benchmark for Financial Resilience At the Davos 2026 Conference in Switzerland, Binance co-founder and former CEO Changpeng Zhao (CZ) drew a sharp contrast with traditional banking, revealing that Binance processed $14 billion in withdrawals in one week, seamlessly and without liquidity strain, including $7 billion in a single day. CZ raised a stark challenge: could a traditional bank withstand a $7 billion withdrawal in 24 hours? For most legacy institutions, the answer is a clear no, highlighting the fragility of conventional banking under extreme stress. Well, traditional banks run on fractional reserves, holding…