Author: NBTC

An early Ethereum investor has made headlines after selling 20,000 ETH, valued at $58.14 million, through FalconX. The sale highlights the staggering growth some early adopters have enjoyed since Ethereum’s initial coin offering (ICO). From $79K to $757M The investor originally acquired 254,908 ETH during Ethereum’s ICO. At that time, the total allocation cost just $79,000. Today, the full allocation is worth around $757 million, marking a return of 9,582 times the original investment. Such figures underscore the extraordinary gains crypto early adopters can experience. Moreover, it highlights Ethereum’s growth from a niche blockchain project into one of the world’s…

India plans to roll out its own digital currency backed by the Reserve Bank of India (RBI). India imposed falt 30% tax on gains from cryptocurrency with 1% TDS on transactions above ₹10,000 India topped the Global Adoption Index of 2025. During the India-Qatar Joint Commission on Economic and Commercial Cooperation, Commerce Minister Piyush Goyal stated that India neither encourages nor discourages cryptocurrency. Instead, the government has opted to regulate it through high taxes. He also confirmed plans to introduce a digital currency backed by the Reserve Bank of India (RBI). India to Introduce RBI-Backed Assets Goyal said that India…

In a stunning development that’s shaking the cryptocurrency world, former Wemade CEO Jang Hyun-kook has been acquitted for the second time in the high-profile WEMIX case. This landmark decision sends powerful signals about how courts are interpreting cryptocurrency regulations and executive responsibility in the digital asset space. What exactly happened in the WEMIX case? The WEMIX case centered around allegations that Jang Hyun-kook manipulated information about the circulating supply of WEMIX cryptocurrency. Prosecutors claimed he made false announcements in early 2022 about halting the liquidation of Wemade’s WEMIX holdings. They argued this deceived investors into buying the token, creating unquantifiable…

AGI Open Network (AON), a decentralized AI infrastructure platform, has collaborated with JasperVault, a decentralized P2P options trading entity. The main purpose of this partnership is to merge the cutting-edge AI agents with the peer-to-peer Bitcoin ($BTC) options trading. As AGI Open Network’s official social media announcement points out, the collaboration is anticipated to redefine the deployment of trading strategies across diverse decentralized markets. Hence, this development is set to fortify the synergy between crypto derivatives and AI entities. 🥳 We’re excited to announce our strategic partnership with @jaspervault!🎯 JasperVault is a leading peer-to-peer BTC options protocol offering real-time ATM…

Custodiy, a blockchain-based smart contract platform, is creating a strategic alliance with Fomo.in, a leading blockchain startup digital marketing and incubation platform. This strategic partnership will enable the development of Web3 projects to bridge the gap between technical infrastructure and market accessibility. This partnership has created a powerful platform to address the blockchain firm’s technical infrastructure and visibility issues in the market. Building Blocks – Custodiy’s Technical Edge Custodiy has become a universal platform to create and work with smart contracts on major networks such as BNB Chain and Ethereum. The use of Stablecoins, such as USDT, USDC, and PAX,…

GPT360, a decentralized protocol that offers AI-powered solutions for Web3 marketing and community engagement, today announced a strategic partnership with Klara Finance, a self-custody wallet and credit protocol that allows users to manage assets and borrow tokens. This collaboration enabled the integration of GPT360’s AI infrastructure with Klara’s multichain asset and crypto ecosystem to bring AI-powered automation, risk management, and enhanced customer experience in Klara’s DeFi lending trading platform. Klara Finance is a self-custody wallet and a DeFi platform that enables customers to retain full control of their multi-chain assets and provides them with seamless credit lending and borrowing access…

There was some notable on-chain activity in the Ethereum community today. According to data shared by on-chain analytics platform Arkham Intelligence, a large amount of Ethereum was transferred from the wallet address belonging to Vitalik Buterin, known as vitalik.eth. A Notable Transfer of Over 1,000 ETH from Ethereum Founder Vitalik Buterin’s Wallet According to the data, a total of 1,009 ETH was transferred from Buterin’s wallet. This amount reportedly has a market value of approximately $2.94 million. In the transactions that took place, it was seen that 1009 ETH was first transferred from one address to another within Buterin’s main…

The U.K. government is working on a new tax framework that could give decentralized finance (DeFi) users a break. Under proposals published this week, HM Revenue and Customs (HMRC) signaled support for a “no gain, no loss” (NGNL) approach to crypto lending and liquidity pool arrangements. Under the current system, when a DeFi user deposits funds into a protocol, even if to monetize those funds or take out a loan against them, the move could be treated as a disposal and trigger capital gains tax. The move could defer capital gains tax until there is a true economic disposal. In…

Bitget Wallet, a popular finance app, now lets users in Nigeria and Mexico convert USDT and USDC into naira and peso, and send money to local bank accounts in minutes. This is the first major launch of direct stablecoin-to-bank transfers by a global crypto wallet in these countries. The move seeks to make crypto easier to use for everyday spending. Stablecoin Payments Meet Local Banking Rails With this new feature, Bitget Wallet users can pay merchants, send money to friends and family, or pay bills directly from their self-custodial wallet. No need for peer-to-peer markets or exchanges. The process works…

Soneium, by Sony Block Solutions Labs, is pleased to announce its partnership with IRC APP (previously known as YOAKE SPACE), an official app for IDOL RUNWAY COLLECTION, supported by TGC (IRC). This app is developed by YOAKE Entertainment. IRC APP alters how fandom can be recorded, rewarded, and valued in the market. YOAKE Entertainment, winner of Soneium Spark, has many entertainment companies working behind YOAKE entertainment, such as TWIN PLANET, ASOBISYSTEM, W TOKYO, Y&N Brothers, and Sony Group. IRC is also hosted by YOAKE entertainment company, which supports Japan’s largest Idol and fashion festival, and develops the IRC APP, supported…