Author: NBTC

160 people in New York City are now receiving $12,000 each in crypto through a five‑month cash transfer program funded with money that came from Coinbase. The funds did not come directly from the exchange this year. Coinbase donated the money to a nonprofit after shutting down its own philanthropy program two years ago, and that nonprofit is now running the pilot. The payments are going out in USDC, a stablecoin that tracks the U.S. dollar. The goal is simple on paper. Move real money to real people using crypto rails and track what happens. The program started in September…

Binance co-founder Changpeng “CZ” Zhao and his investment firm, YZi Labs, filed a consent statement with the SEC that seeks crucial changes to the board and management team at publicly traded BNB treasury firm, CEA Industries (BNC). In a plea to BNC shareholders, the consent statement urges support for proposals to expand the board of directors, elect YZi Labs’ nominees, and repeal any provisions to the company’s bylaws not in effect when they were filed in July. “We believe the current board is in critical need of additional directors with the knowledge and experience to effectively oversee management, address the…

Prediction market Kalshi lost the preliminary injunction that protected it from enforcement in Nevada right before Thanksgiving. Now it’s waiting to see if the same judge will block state regulators from pursuing enforcement while it files an appeal. Losing the preliminary injunction was a huge blow for Kalshi because it opens the company up to legal action if it continues to operate in Nevada. Kalshi, like its primary competitor Polymarket, offers prediction markets where its users can bet on the outcome of future events—anything from sports and politics to crypto and traditional markets. In the United States, these markets are…

The team of the project DATA2073 provides a new streamlined version of Android that enables a user to feel the acceleration in turns, improved animation, and the environment of a totally lag-free performance. The game can now engage the user to play tactical battles, place an automation card and manage their digital properties without the interruption because every move, including summoning damage units and counterattacking is immediately effective on mobile. The update will make the mobile experience an effective command center that will provide the players with complete control (be it trading assets or fighting in high-stakes battles). Improved Visual…

Crypto-driven perpetual futures are rapidly emerging as the next frontier in global price discovery, reshaping how equities and major indices will trade as traditional exchanges confront an urgent adapt-or-die crossroads. Perpetual Futures’ Rising Influence on Global Markets Bitmex co-founder and Maelstrom CIO Arthur Hayes published on Nov. 27 that traditional exchanges face an “adapt or die” inflection point as perpetual futures reshape how global markets price equities, indices, and eventually interest rates. He argued that crypto-native structures are overtaking legacy derivatives faster than regulators expected. “Why will derivatives trading volume across the world and across all financial assets migrate from…

Ethereum price has dropped more than 6% in the past 24 hours and is now down about 27% over the last 30 days. A breakdown from a major continuation pattern has opened the door to a much deeper decline. At the same time, an on-chain signal is flashing a possible 28% downside window that aligns with what could become Ethereum’s next cycle bottom if conditions worsen. Together, these signals show that ETH may not be done correcting yet. One Long-Term Metric Shows Room to Fall? Ethereum recently broke down from a clean bear flag. The move began after ETH failed…

Vanguard is opening its brokerage platform to crypto-focused ETFs and mutual funds, abandoning a stance that had kept digital-asset products off its shelves for years. Beginning Tuesday, the firm will permit trading in funds that hold Bitcoin, Ethereum, XRP, and Solana, putting crypto exposure on the same footing as other non-core assets it already accommodates, such as gold, Bloomberg reported. The change gives more than 50 million brokerage customers access to regulated crypto wrappers across the U.S. fund industry.  The pivot follows months of internal review and comes as client interest in digital assets has persisted through a sharp…

A federal court in Brazil sentenced 14 people to jail for laundering more than 508 million reais ($95 million) from international drug trafficking and other violent crimes, wrapping up a years-long investigation into a sophisticated criminal network spanning multiple states. The two group leaders were each sentenced to over 21 years in prison, while other sentences ranged from 8 to 17 years. All defendants were ordered to repay the full amount laundered, and assets including seized planes and luxury cars were forfeited to the federal government. The operation, dubbed Terra Fértil, uncovered a scheme that used fake companies across two…

Cryptocurrency analysis firm Chainalysis has disputed Binance’s assessment of illicit cryptocurrency flows using its own data, stating that the exchange’s analysis leaves out important categories and is therefore “incomplete.” The controversy began when Binance claimed in a blog post published on November 17 that illicit trading volume on major exchanges was only between 0.018%–0.023%, citing data from Chainalysis and TRM Labs. In its post, Binance argued that when the trading volumes of seven major crypto exchanges were examined, direct flows from illicit wallets were at extremely low levels, and that Binance, despite having much higher volumes, had the lowest exposure…

The cryptocurrency market has slipped into the red zone. Bitcoin has once again dipped below the $90k mark and Ethereum has crashed to $2800. Amid this tense situation, Sharplink CEO Joseph Chalom has opened up about a possible Ethereum supercycle. In an interview with Milkroad, he said that a few years ago, explaining Ethereum to investors was difficult. Most people didn’t understand what it was meant to do. Today, the story is much clearer. Ethereum is not only a store of value and sometimes deflationary, but it is also a network where developers can build apps, exchanges, lending platforms and…