Author: NBTC

Artificial intelligence won’t be the large-scale job-taker as feared, as the tech needs workers to build and then maintain the trillions of dollars worth of infrastructure for it to run, says Nvidia founder Jensen Huang. Huang argued in a blog post on Tuesday that AI has become “essential infrastructure, like electricity and the internet,” and the facilities that make the chips, build computers and eventually house AI are “becoming the largest infrastructure buildout in human history.” “We have only just begun this buildout. We are a few hundred billion dollars into it. Trillions of dollars of infrastructure still need to…

Ripple’s former Chief Technology Officer (CTO), David Schwartz, has stated that a higher $XRP price would make the payment system more efficient and cheaper to operate. Schwartz’s comments come as a clarification to a post he made in 2017, as requested by a community member. Liquidity Efficiency in Ripple’s Payment Model According to the earlier post in 2017, Schwartz stated, ‘If $XRP costs $1, they need a million $XRP, which could cost $1 million. If $XRP costs a million dollars, they’d need one $XRP, which would again cost $1 million.’ The former Ripple CTO is emphasizing that higher $XRP prices…

The United Kingdom’s financial regulator has signed off on new rules and guidance for tokenized funds, aiming to make it easier for asset managers to use blockchains within the existing fund regime rather than in separate experimental structures. In an Thursday policy statement, PS26/7, the Financial Conduct Authority (FCA) said tokenization and distributed ledger technology (DLT) could make fund management more efficient and that it wants to “support innovation in the UK asset management sector,” as part of a digital assets roadmap first outlined in a January 2025 letter to the prime minister. The changes give firms a clearer path…

OKX’s latest proof of reserves report points to a clear shift in user behavior. Bitcoin and Ethereum balances fell, while $USDT holdings increased during a volatile market stretch. What the April 20 snapshot showed According to OKX’s official dashboard, $BTC account assets stood at 117,039 $BTC, while wallet assets totaled 123,674 $BTC. That left the exchange with a 106% Bitcoin reserve ratio, meaning $BTC held by OKX remained above customer liabilities. Moreover, the broader change came from lower customer balances. Between the March 3 and April 20 reports, $BTC account holdings dropped by 15,850 $BTC, or 11.93%. Ethereum followed the…

Bitcoin price started a fresh decline from the $69,250 zone. $BTC is now struggling to stay above $66,000 and might extend losses in the near term. Bitcoin failed to settle above $68,000 and started a fresh decline. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,450 on the hourly chart of the $BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $67,500 and $67,800 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $68,800…

Vitalik Buterin reportedly sold $23 million in Ethereum. However, viral posts created confusion quickly. A post by Crypto Rover used dramatic language. It included bearish visuals and “BREAKING” headlines. Therefore, it suggested major insider selling activity. However, on-chain data tells a different story. The $23 million matches February 2026 transfers. At that time, Buterin moved about 11,400 $ETH. He used multiple transactions across wallets. Analysts quickly flagged the activity as old. They confirmed it does not signal panic selling. 🩸BREAKING:Ethereum Founder Vitalik Butterin sells $23,000,000 worth of $ETH… pic.twitter.com/YI9egLOav4 — Crypto Rover (@cryptorover) May 2, 2026 Where the $ETH Actually…

Stablecoin-powered fintech platform KAST has secured $80 million in Series A funding as investors place fresh bets on digital-dollar infrastructure designed to move money across borders faster than traditional banking systems. A Bet on Stablecoins: Fintech Startup KAST Expands Global Crypto Payments Infrastructure The funding round, announced this week, was co-led by QED Investors and Left Lane Capital, with participation from Peak XV Partners, HSG, and DST Global Partners. The investment values KAST at roughly $600 million and arrives less than 18 months after the company launched its platform. KAST is building what it describes as a stablecoin-native financial app…

An X user under the name @RuggRat_X has published a post to express concerns about the recent silence from the $SHIB team and the changes in its structure. According to his tweet, one of the $SHIB Telegram channel admins has been excluded from the team, with no reason for that revealed. @RuggRat_X seems to be speaking not only for himself but for the whole $SHIB community that is concerned about the lack of updates on Shibarium and the overall silence of the $SHIB team. “Shibarium silence. What’s really going on?” According to the tweet, the X user is concerned about…

Australia’s future account-to-account (A2A) payment systems may need to adapt if tokenized forms of money gain broader use, including stablecoins and tokenized liabilities, according to a draft vision for the country’s domestic payment rails. The draft, co-developed by the Account-to-Account Payments Roundtable, which includes AusPayNet, Australian Payments Plus, the Reserve Bank of Australia and the Commonwealth Treasury, identifies digital assets as one of several external forces that could affect future A2A payments. “Tokenised forms of money, such as stablecoins and tokenised liabilities, are moving from experimentation to adoption,” the draft said, adding that the shift reflects a move toward programmable,…

The European arm of global cryptocurrency exchange KuCoin has hired anti-money laundering (AML) and compliance expertise in a bid to appease its regulator, which recently demanded the exchange halt business in Europe due to a staffing shortfall. KuCoin EU, which holds a Markets in Crypto Assets (MiCA) license from Austria’s FMA, appointed Carmen Kleinhans as anti-money laundering officer (AMLO), alongside the expansion of its broader AML function, the company said in a press release on Wednesday. The exchange also hired Austrian compliance veterans Stephan Klinger and Bernd Träxler as deputy anti-money laundering officers. KuCoin EU Managing Director Sabina Liu said…