Author: NBTC

More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm. In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy organizations including the Solana Policy Institute, Blockchain Association and DeFi Education Fund, among others, made several requests regarding crypto-related policies. The groups asked Trump to direct the IRS and US Treasury to clarify tax policy on digital assets, protect DeFi from regulators and encourage regulatory clarity through financial regulators like the Securities and…

Coinbase spent 2025 positioning itself as the infrastructure layer for retail crypto access, absorbing teams and technology that could accelerate its “everything exchange” vision. A Nov. 21 announcement that it acquired Vector.fun, Solana’s fastest-moving DEX aggregator, fit the pattern: acquire the rails, sunset the product, integrate the speed. But the deal carved out an unusual exception. While Coinbase takes Vector’s team and infrastructure, the Tensor Foundation retains the NFT marketplace and the TNSR token. Token holders keep their governance rights but lose the asset that justified the token’s existence. The separation raises a question: if equity holders capture value from…

Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week BlackRock mints a new most-profitable ETF, S&P Global gets in the mix, and Coinbase stakes its claim on New York. Bitcoin Rules at BlackRock BlackRock’s iShares Bitcoin Trust has become the $12 trillion asset manager’s most profitable ETF by annualized fee revenue. As of Thursday’s close, the fund had $97 billion worth of assets under management, according to iShares. That means the 21-month-old ETF is already generating more revenue than products that have been trading for 25 years, like the iShares Russell…

Dozens of crypto groups petitioned President Donald Trump to help them out with the policy initiatives his administration can get done while Congress keeps negotiating next steps on the market structure legislation that’s been the sector’s Washington priority. The letter, led by the recently established Solana Policy Institute and signed by others including the Blockchain Association, Digital Chamber, Crypto Council for Innovation and DeFi Education Fund, focused on what they described as “quick wins to complement legislative efforts.” The legislative efforts — most notably the Senate’s talks over the details of its bill that could eventually be an answer to…

Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs. The investment, from the undisclosed firm, is split between 9,027,778 new Class A shares issued by Galaxy and 3,750,000 shares sold by certain executives, including founder and CEO Mike Novogratz, at $36 per share, according to the press release. That’s an 8.5% discount from Friday’s closing price. “Strengthening our balance sheet is essential to scaling Galaxy’s data center…

The US Securities and Exchange Commission’s Crypto Task Force has scheduled a roundtable discussion centered on privacy and financial surveillance for December, as a renewed focus on privacy grips the cryptocurrency industry. The privacy roundtable is slated for Dec. 15. Like other SEC roundtables, crypto industry executives and SEC officials will discuss common pain points and solutions, but no hard policy proposals will be submitted. Privacy has become a hot-button topic following several developments, including the partial guilty verdict in Tornado Cash developer Roman Storm’s trial in June, the Samourai Wallet developer sentencing in November and the privacy token price…

The Dow tanked nearly 900 points on Friday as markets completely flipped after former President Donald Trump threatened fresh tariffs on Chinese goods, accusing China of acting “very hostile” by tightening exports of rare earth metals. The selloff accelerated into the close. The S&P 500 shed over $1.5 trillion in value. Traders bailed. Portfolios bled. The Dow finished the day down 878.82 points, or 1.9%, at 45,479.60. The S&P 500 dropped 2.71% to 6,552.51, while the Nasdaq got crushed, falling 3.56% to 22,204.43. The S&P’s decline was its worst since April 10. Earlier that day, the Nasdaq had hit an…

More than 65 crypto organizations are calling on President Donald Trump to bypass Congress and order federal agencies to immediately clarify digital asset regulations, amid rising impatience with the pace of legislative reform. In a letter sent to the White House, major industry players, including Coinbase, Uniswap Labs, the Blockchain Association, and the Solana Foundation, outlined specific actions the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Treasury Department, and the Justice Department can take without new legislation. The coordinated push aims to turn Trump’s pro-crypto stance into concrete agency action, using executive power to drive one of…

The crypto industry has long been hyped for its transparency and ability to disrupt traditional financial systems. However, a new investigation, The Coin Laundry, exposes how some of the world’s biggest crypto platforms have been linked to illicit activities, leaving victims with few options for recovery. Tracking the Flow of Illicit Funds Across Borders The Coin Laundry investigation involved a collaboration between the International Consortium of Investigative Journalists (ICIJ) and 37 media partners across 35 countries. Over a period of 10 months, the team gathered hundreds of cryptocurrency wallet addresses linked to criminal activity. These addresses, related to bank account…

Key Takeaways Over $19 billion in leveraged crypto positions were liquidated in 24 hours, marking the largest single-day wipeout in digital asset history. Bitcoin and Ethereum long positions were hardest hit, with over 1.6 million traders affected across major exchanges. Roughly $19 billion in leveraged crypto positions were liquidated following a brutal sell-off that sent Bitcoin tumbling to $102,000. It was the largest single-day wipeout ever recorded in digital asset markets, according to CoinGlass data. Most of the liquidations came from long positions, which totaled $16.6 billion in losses, compared to $2.4 billion for shorts. Over 1.6 million crypto traders…