Author: NBTC

Investor interest in prediction markets is growing fast as one of the sector’s biggest names prepares to set a new fundraising benchmark. Summary Polymarket is seeking a $12–$15 billion valuation, up tenfold from June. ICE’s earlier $2B investment valued the platform near $8B pre-money. Weekly trading volume recently surpassed $2B, signaling record user activity. Polymarket is holding early discussions with investors to raise new capital at a valuation between $12 billion and $15 billion. This is according to a report by Bloomberg, dated Oct. 23, citing people familiar with the matter. The new valuation would mark a more than tenfold…

Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchange’s infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina, Plans Local Currency Stablecoin Rollout in Latam The Facts Ripio, one of Argentina’s leading exchanges with over 25 million users, has launched its first digital peso stablecoin as part of a strategy to expand its business across Latam. The company explained that wARS, the Argentine peso stablecoin, would be…

Nanyang Technological University, Singapore (NTU Singapore) and decentralised AI infrastructure firm Zero Gravity (0G) have launched a S$5 million joint research hub to advance blockchain-powered artificial intelligence technologies. The collaboration, 0G’s first with a university, aims to develop more transparent, accessible, and accountable AI systems. The partnership will fund multiple projects exploring decentralised AI training, blockchain-integrated model alignment, and proof-of-useful-work consensus mechanisms. By leveraging blockchain, the initiative seeks to record and verify every stage of AI processing, unlike conventional systems that operate in closed environments. The four-year initiative will include workshops, hackathons, scholarships, and open-source collaborations to cultivate Asia’s emerging…

Ethereum came dangerously close to breaching the $3,000 mark, briefly dipping to $3,053 before bouncing back. The fall rattled the market, triggering liquidations and panic selling. But after weeks of steady decline, early signs of a rebound are finally starting to appear. Despite being down 27% in the past month and 8.4% in the last 24 hours, both technical and on-chain data now hint that Ethereum may have formed a local bottom. Early Rebound Setup Appears on the Charts Ethereum’s price movement over the past few weeks shows that bearish momentum is slowing. On the 12-hour chart, Ethereum’s Relative Strength…

Binance co-founder and former CEO Changpeng “CZ” Zhao dismissed crypto critic Peter Schiff’s plan to launch a tokenized gold product, calling it a “trust me bro” asset. In a Thursday post on X, CZ said tokenized gold is not onchain gold, but a promise dependent on third-party custody. “It’s tokenizing that you trust some third party will give you gold at some later date… even after their management changes, maybe decades later, during a war,” he wrote. CZ’s comments came after Schiff, a long-time Bitcoin (BTC) critic and gold advocate, announced plans on the ThreadGuy podcast to roll out a…

Trading activity on decentralized exchanges (DEXs) surged to new highs in October, signaling the continued shift of global crypto markets toward on-chain finance. According to data from DeFiLlama, perpetual DEXs processed more than $1.36 trillion in trading volume last month, the highest level ever recorded. That figure surpassed August’s $759 billion peak, setting a new benchmark for on-chain trading activity. Hyperliquid Leads as Onchain Perpetuals Gain Traction The sharp rise in volume underscores growing investor confidence in on-chain platforms. Hyperliquid, a layer-1 blockchain that has dominated the perpetual DEX landscape, accounted for roughly $299 billion of October’s total. Close behind…

Sierra Leone has signaled a clear intention to integrate emerging technologies into vital sectors of the economy, phasing out traditional systems in favor of next-gen solutions. The West African nation is turning to blockchain technology, eyeing bilateral agreements to accelerate its digitization efforts. Sierra Leone’s Minister of Communication, Technology and Innovation, Salima Monorma Bah, played host to the country’s ambassador to China, Abubakarr Karim, and several blockchain experts from Felei TechCity and Sovereign Infrastructure for Global Nations (SIGN). During the visit, the experts expressed readiness to leverage their expertise in improving Sierra Leone’s digitization metrics. The Minister noted that the…

Ethereum (ETH) slipped under the key $3,000 level earlier today, which rattled retail traders after a week of heavy liquidations. On-chain watchers said the move flushed out leveraged longs, yet it also triggered aggressive dip buying from large holders. According to Lookonchain, whales have purchased over 323,523 ETH worth $1.12 billion in the past two days. ETH then bounced back above $3,000 and traded near $3,315 at press time, suggesting buyers defended the round number. This tells traders the $3,000 floor still matters even in a weak U.S. bid environment. ETH Cycle Shows Distribution After August $4,500 High CryptoQuant’s analysis…

Crypto adoption in Australia has stalled, despite the incumbent Albanese government rolling out some of the most ambitious digital asset reforms in the country’s history. The fifth annual Australian Crypto Survey, released on Wednesday by crypto exchange Swyftx, found that ownership remains flat among adults, with trust in digital assets continuing to slide. Nearly 60% of Australians say they don’t trust crypto, up from 57% last year, according to data cited by the report. Among those who have never owned digital assets, the key barrier is the sense that crypto still lacks clear rules.  “The promise of crypto regulation…

Brett Harrison, the former president of FTX US, is set to roll out a new perpetual futures exchange in the coming weeks—but it won’t include markets on crypto. In fact, the former FTX US executive told Decrypt he believes offering leveraged trading, where borrowed capital is used to multiply both gains and losses, on volatile crypto assets is “irresponsible” and becoming a “major problem.” His comments echo those from analysts who have recently raised concerns about excessive leverage in the crypto market following the flash crash on October 10, when a record $19 billion was flushed from the derivatives market.…